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Topic: Is it the end of BTC??? (Read 13428 times)

hero member
Activity: 588
Merit: 500
December 13, 2013, 09:26:04 PM
Bitcoins is volatile in price,It could be at any price as it's based on the offer and demand as there is no backed-up value,it's now at $800-$900 after it reached much lower prices earlier this month.
anyway the recent fall is due to casascius coins being shut-down (at least temporary) right?
legendary
Activity: 1344
Merit: 1001
December 12, 2013, 12:54:13 PM
$850 usd and keep falling like stone to the earth.

I told you guys this is is it, either you jump from the train now, or you will lose everithing you got.

RIP BITCOIN

I am sorry

Yeaaaa -> https://bitcointalksearch.org/topic/eu-nations-agree-rules-on-bank-bailouts-replay-of-cyprus-bank-crisis-368380
member
Activity: 119
Merit: 10
December 12, 2013, 12:47:05 PM
$850 usd and keep falling like stone to the earth.

I told you guys this is is it, either you jump from the train now, or you will lose everithing you got.

RIP BITCOIN

I am sorry
legendary
Activity: 3010
Merit: 1031
RIP Mommy
December 10, 2013, 01:28:34 AM
Fiat is falling against BTC.
hero member
Activity: 826
Merit: 501
in defi we trust
December 09, 2013, 10:37:05 PM
$890 dollars and keep falling

Keeps falling from what ? 700? And it's currently falling from 890 to 950 Smiley)

He is just:



No, that ain't trolling , it's called stupidity , and I know this guy , check his other posts ,
legendary
Activity: 1344
Merit: 1001
December 09, 2013, 10:16:40 PM
$890 dollars and keep falling

Keeps falling from what ? 700? And it's currently falling from 890 to 950 Smiley)

He is just:

hero member
Activity: 826
Merit: 501
in defi we trust
December 09, 2013, 10:14:05 PM
$890 dollars and keep falling

Keeps falling from what ? 700? And it's currently falling from 890 to 950 Smiley)
sr. member
Activity: 252
Merit: 250
December 09, 2013, 09:02:23 PM
$890 dollars and keep falling

Thinking that we are passed the crisis because of the price being at 900$ is not better than thinking that bitcoin is over because the price went down to 600$
member
Activity: 119
Merit: 10
December 09, 2013, 02:55:57 PM
$890 dollars and keep falling
legendary
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
December 09, 2013, 02:41:40 PM
That is it guys, This is the end of BTC, down to 600 usd and keep going down, there is no salvation, if you can jump out of the train do it ASAP otherwise you will crash along with it.

RIP BTC
Are you high?

Out there...
legendary
Activity: 1344
Merit: 1001
December 09, 2013, 01:47:23 PM
That is it guys, This is the end of BTC, down to 600 usd and keep going down, there is no salvation, if you can jump out of the train do it ASAP otherwise you will crash along with it.

RIP BTC
Are you high?
member
Activity: 119
Merit: 10
December 09, 2013, 01:44:53 PM
That is it guys, This is the end of BTC, down to 600 usd and keep going down, there is no salvation, if you can jump out of the train do it ASAP otherwise you will crash along with it.

RIP BTC
sr. member
Activity: 252
Merit: 250
December 07, 2013, 05:29:11 PM
No, it was the sell off that caused the price decline. No sell of means no change in pricing. You have to have volume movement to impact the price.

You could totally be right that the ruling got someone scared enough to liquidate.

It is always the sell offs that cause the price to drop.  Roll Eyes The point is what causes the sell offs and in this case you don't have to look far.
legendary
Activity: 910
Merit: 1000
December 07, 2013, 05:02:04 PM
No, it was the sell off that caused the price decline. No sell of means no change in pricing. You have to have volume movement to impact the price.

You could totally be right that the ruling got someone scared enough to liquidate.
sr. member
Activity: 252
Merit: 250
December 07, 2013, 02:44:13 PM
I wondered what was up with Bitcoin lately as it seems to drop in value by a fair margin now but rising for a bit?Does this mean there's any sign of the 'bubble bursting' or is this a sign of something else going on?As I was shocked to see that 0.684BTC (that I have) dropped from around £500 the other day down to around £381 now.

I don't think it's the end,I just want to know what's going on with BTC lately.Some answers would be helpful :/
Chinese goverments news about bitcoin. Nothing so scarry but people are croakers and this is how it looks like ;p
We already had three significant corrections since month, it is still normal.

You understand that price dropped from1250 to 650 right? I mean not being a bear is one thing and being ridiculous is another.  Roll Eyes

Everyone knew this was coming. Price goes high. Someone that got in early decides they want to retire and they drop 30,000 BTC. Price crashes. Rinse and repeat. The market is too small to bear any amount of sell off.

Everyone knew what exactly? That bank of china will rule that bitcoin is a commodity and not a currency? In case that you missed it, it was the news from china that caused the crash not a dude selling his stack.
legendary
Activity: 1106
Merit: 1005
December 07, 2013, 09:01:07 AM
You understand that price dropped from1250 to 650 right? I mean not being a bear is one thing and being ridiculous is another.  Roll Eyes

Everyone knew this was coming. Price goes high. Someone that got in early decides they want to retire and they drop 30,000 BTC. Price crashes. Rinse and repeat. The market is too small to bear any amount of sell off.

Ironically, why would they want to drop their stash in the first place? If Bitcoin is the money of the future, it just doesn't make much sense to convert the coins (back) to dollars. So no believing there?

If I had 10,000 BTC I would cash out at 1200 per BTC. That's 12M. I can retire on that and not have to worry about BTC anymore... or really anything. And my kids wouldn't either...

I'd buy a fat annuity and just enjoy the rest of my life.

And I'm sure many did just that. that's why it's the end for this experiment, I guess.

This is just getting started.

Sure, until America loses their petrodollar privilege and this event escalates into WW3 and the dollar is instantly worthless. Congratulations you now have 12 million worthless papers.
legendary
Activity: 910
Merit: 1000
December 07, 2013, 06:36:17 AM
#99
You understand that price dropped from1250 to 650 right? I mean not being a bear is one thing and being ridiculous is another.  Roll Eyes

Everyone knew this was coming. Price goes high. Someone that got in early decides they want to retire and they drop 30,000 BTC. Price crashes. Rinse and repeat. The market is too small to bear any amount of sell off.

Ironically, why would they want to drop their stash in the first place? If Bitcoin is the money of the future, it just doesn't make much sense to convert the coins (back) to dollars. So no believing there?

If I had 10,000 BTC I would cash out at 1200 per BTC. That's 12M. I can retire on that and not have to worry about BTC anymore... or really anything. And my kids wouldn't either...

I'd buy a fat annuity and just enjoy the rest of my life.

And I'm sure many did just that. that's why it's the end for this experiment, I guess.

This is just getting started.
full member
Activity: 168
Merit: 100
December 07, 2013, 04:35:01 AM
#98
You understand that price dropped from1250 to 650 right? I mean not being a bear is one thing and being ridiculous is another.  Roll Eyes

Everyone knew this was coming. Price goes high. Someone that got in early decides they want to retire and they drop 30,000 BTC. Price crashes. Rinse and repeat. The market is too small to bear any amount of sell off.

Ironically, why would they want to drop their stash in the first place? If Bitcoin is the money of the future, it just doesn't make much sense to convert the coins (back) to dollars. So no believing there?

If I had 10,000 BTC I would cash out at 1200 per BTC. That's 12M. I can retire on that and not have to worry about BTC anymore... or really anything. And my kids wouldn't either...

I'd buy a fat annuity and just enjoy the rest of my life.

And I'm sure many did just that. that's why it's the end for this experiment, I guess.
legendary
Activity: 910
Merit: 1000
December 07, 2013, 04:18:46 AM
#97
Heh. I primarily mine bitcoin to generate USD... or in the hopes of one day being able to generate USD anyway. It would be nice to be able to pay my mortgage with BTC...
legendary
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
December 07, 2013, 02:40:04 AM
#96
Do you mean that millions of USD might be worth almost nothing in the next few years? If so, then no, I don't believe that will happen.

Will the dollar devalue over time? Absolutely.

That was not my point really, though they may (that's what many Bitcoin addicts often insist on here). It is ironic to see that even Bitcoin miners (you seem to be one of them) don't believe at heart in the glorious future so many of them are trying to make us take stock in...  Pathetic traitor you are!
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