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Topic: Losing faith (Read 4091 times)

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
October 25, 2014, 08:49:06 AM
#48
Don't confuse people selling bitcoin to pay electricity bills or selling bitcoin in the form of buying stuff online with Bitpay with it failing. Indeed i've never been more convinced bitcoin is the future and I welcome low prices now, because thats the only way to buy more!
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
October 25, 2014, 04:40:29 AM
#47
Bitcoin is a market like any other market.

Mr. Elliott showed that the movements in the financial markets were not chaotic, the markets are repetitive and cyclical in nature. It's the first thing to understand about markets.

Completely agree. Always hedge accordingly.
member
Activity: 61
Merit: 10
October 24, 2014, 06:58:28 PM
#46
Bitcoin is a market like any other market.

Mr. Elliott showed that the movements in the financial markets were not chaotic, the markets are repetitive and cyclical in nature. It's the first thing to understand about markets.
sr. member
Activity: 280
Merit: 250
October 24, 2014, 06:16:02 PM
#45
Don't go Seamen.... never go seamen.
newbie
Activity: 35
Merit: 0
October 21, 2014, 10:16:01 AM
#44
Bitcoin is bitchcoin

No demand!!!!!!

Then why are you here? Ive been reading a lot of hate comments about BTC lately. This is bitcointalk, why are you here?
full member
Activity: 481
Merit: 102
October 20, 2014, 02:44:16 PM
#43
Bitcoin is bitchcoin

No demand!!!!!!
member
Activity: 99
Merit: 10
October 20, 2014, 02:30:09 PM
#42
full member
Activity: 176
Merit: 100
October 20, 2014, 12:41:33 PM
#41
Why are we going down Sad ?

Supply outweigh demand.
full member
Activity: 126
Merit: 100
October 20, 2014, 11:17:16 AM
#40
if we don't break 385 soon then I'll be worried...
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
October 20, 2014, 07:26:33 AM
#39
And now we are up to $390 already, so you shouldn't lose faith just because it drop like 15$.

now we are sub 380


Don't create expectives so you will neer be disappointed

$384 now. it seems BTC become stable.
legendary
Activity: 1834
Merit: 1009
October 20, 2014, 03:32:12 AM
#38
And now we are up to $390 already, so you shouldn't lose faith just because it drop like 15$.

now we are sub 380


Don't create expectives so you will neer be disappointed
hero member
Activity: 658
Merit: 500
October 20, 2014, 03:18:12 AM
#37
What is FIAT ?

FIAT is an Italian car brand, short for Fabbrica Italiana Automobili Torino Cheesy Cheesy

Joking. Fiat is currency, while btc is money. you can watch the documentary "Hidden scerets of money". You'll get the idea.
sr. member
Activity: 546
Merit: 259
October 18, 2014, 08:14:54 PM
#36
What is FIAT ?

Fiat money is currency which derives its value from government regulation or law. USD, for example.
sr. member
Activity: 448
Merit: 250
October 18, 2014, 07:38:32 PM
#35
And now we are up to $390 already, so you shouldn't lose faith just because it drop like 15$.
hero member
Activity: 699
Merit: 504
October 18, 2014, 11:02:47 AM
#34
Satoshi also said the SF Giants will win the World Series, and that SF 49ers stomp those crappy Broncos into the ground this Sunday, thanks Satoshi !
hero member
Activity: 700
Merit: 501
October 18, 2014, 10:33:26 AM
#33
Bitcoins price is too bloated to promise people easy riches. And that has been the main attraction to buy BTC.
BTC's large market cap is made out of artificial deficit and fraudulent trading by MtGox's bots and fantasy fiat.
So, now the market will just slowly run dry while new alternatives emerge that have better technological properties and a smaller market cap, that will attract the get rich quick gamblers again.

Bitter troll who missed out on any gains posting negative tripe again. You reference get rich quick gamblers, oh the irony. If alt coins are so amazing, why devote any wasted time on here at all?

Well, how he isn't completely spot on with this:

Quote
Bitcoins price is too bloated to promise people easy riches. And that has been the main attraction to buy BTC.

It doesn't get any more accurate than this. The main attraction, excluding crypto nerds that love the technology, for Bitcoin, has been storing wealth and hoping it goes up with time. That's that. The common folk is not interested in consuming with Bitcoin. How can you prove this wrong? It's the cold hard fact. And when the common folk sees they cannot get much profit anymore, Bitcoin will become a game of rich people, just like Gold. It will be digital Gold, not digital currency as we know it. That's that.

You seem new here.

I suggest you a) review his post history, and, b) look at the log chart of bitcoin over the past few years.

Price weakness has incorrectly predicted the death of bitcoin at least four times previously. There are many reasons why bitcoin could go on to great things in the coming years - speculation in the price is not really one of them.

Satoshi said it best: If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.




That doesn't change the fact most people are in Bitcoin to make money, otherwise they aren't interested.
sr. member
Activity: 280
Merit: 250
October 17, 2014, 04:53:52 PM
#32
It's difficult to trade BTC if you are not ready to loose 50% of that (precaution). The market is very volatile and anyone with big orders can sway the market price. You need to keep calm and jump in on the right target price.

Never regret your decisions in the future. It's a bad sign in trading.
full member
Activity: 208
Merit: 100
October 17, 2014, 04:43:14 PM
#31
Why are we going down Sad ?

Because that's what a market does, it goes up and down  Smiley
member
Activity: 70
Merit: 10
October 17, 2014, 04:40:23 PM
#30
is this the capitulation?

Ask falllling Wink

He is not on forum anymore, now is Riiising turn.
legendary
Activity: 1652
Merit: 1265
October 17, 2014, 12:29:41 PM
#29
is this the capitulation?

Ask falllling Wink
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