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Topic: Losing faith - page 2. (Read 4091 times)

legendary
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
October 17, 2014, 11:17:24 AM
#28
You're confusing tanking price with death of Bitcoin.  Bitcoin won't die as long as there are a couple of netbooks mining it.  Even if the coins mined are worth exactly zero.


As long as people believe in it, it won't die.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
October 17, 2014, 11:13:46 AM
#27
legendary
Activity: 2114
Merit: 1015
October 17, 2014, 11:07:01 AM
#26
I made a mistake with this BTC's prediction. I had some information that turned out to be invalid. The main stress on this prediction went on PPC though, and luckily that wasn't invalid. I still consider PPC highly potential in the coming months. BTC not so much anymore.

I'm also very bullish on Peercoin. Care to share your knowledge about what big things are coming to PPC in the coming months?
member
Activity: 79
Merit: 10
October 17, 2014, 10:34:20 AM
#25
is this the capitulation?
sr. member
Activity: 378
Merit: 254
October 17, 2014, 10:23:34 AM
#24
You're confusing tanking price with death of Bitcoin.  Bitcoin won't die as long as there are a couple of netbooks mining it.  Even if the coins mined are worth exactly zero.
legendary
Activity: 1176
Merit: 1000
October 17, 2014, 10:18:09 AM
#23
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.


member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
October 17, 2014, 09:55:05 AM
#22
Ah the fallback of the bear troll - you are just helping out those inexperienced bitcoiners from everyone else on this forum? I would compare you to Edward50 but we both know you will be long as hell if the price moves up from here Smiley

You asked and I answered.
I seriously doubt that I'll put some money back into BTC. Something really big and important would have to happen, but I don't see anything like that on the horizon. I see only a slow and painful downfall.

Why painful? I dont understand this part well.
legendary
Activity: 868
Merit: 1006
October 17, 2014, 07:31:19 AM
#21
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.
sr. member
Activity: 378
Merit: 254
October 17, 2014, 06:28:54 AM
#20
...
Ah the fallback of the bear troll - you are just helping out those inexperienced bitcoiners from everyone else on this forum? I would compare you to Edward50 but we both know you will be long as hell if the price moves up from here Smiley

Inca, how irrelevant could you be?  Talk about being constantly wrong Roll Eyes
I wouldn't be surprised if i wake up and its over 400 tomorrow morning Wink
...just like the day before
Off to bed. Probably be over 400 when I wake, eh Shroomskit? Nn porkchop

It's 373, inca, it's 373

legendary
Activity: 876
Merit: 1000
October 17, 2014, 06:06:21 AM
#19
Ah the fallback of the bear troll - you are just helping out those inexperienced bitcoiners from everyone else on this forum? I would compare you to Edward50 but we both know you will be long as hell if the price moves up from here Smiley

You asked and I answered.
I seriously doubt that I'll put some money back into BTC. Something really big and important would have to happen, but I don't see anything like that on the horizon. I see only a slow and painful downfall.
legendary
Activity: 1176
Merit: 1000
October 17, 2014, 06:04:42 AM
#18
Why are you here posting negative shit if you haven't held btc for more than two days since last December?

I distinctly remember seeing you post a positive prediction for btc on the wall a few weeks ago. The price inexplicably sold off lower sadly.

It is pretty obvious you are dying to catch the next bitcoin bubble. Why not just be honest?

My motivations are mainly guilt and entertainment.
I know that all that I have earned here, is at the expense of others who are less fortunate then me, so I feel a little obligated to inform less experienced people on the threats that they must face. And also, this place is strongly out of balance, with the majority being extreme fanatics of bitcoin, who are overly positive about it's future. So, it's also entertaining to offer some counter-balance to this cultish community.

I made a mistake with this BTC's prediction. I had some information that turned out to be invalid. The main stress on this prediction went on PPC though, and luckily that wasn't invalid. I still consider PPC highly potential in the coming months. BTC not so much anymore.

Ah the fallback of the bear troll - you are just helping out those inexperienced bitcoiners from everyone else on this forum? I would compare you to Edward50 but we both know you will be long as hell if the price moves up from here Smiley
sr. member
Activity: 272
Merit: 250
October 17, 2014, 05:58:56 AM
#17
Why are we going down Sad ?

Have faith, it just drop like 25$....
legendary
Activity: 876
Merit: 1000
October 17, 2014, 05:56:27 AM
#16
Why are you here posting negative shit if you haven't held btc for more than two days since last December?

I distinctly remember seeing you post a positive prediction for btc on the wall a few weeks ago. The price inexplicably sold off lower sadly.

It is pretty obvious you are dying to catch the next bitcoin bubble. Why not just be honest?

My motivations are mainly guilt and entertainment.
I know that all that I have earned here, is at the expense of others who are less fortunate then me, so I feel a little obligated to inform less experienced people on the threats that they must face. And also, this place is strongly out of balance, with the majority being extreme fanatics of bitcoin, who are overly positive about it's future. So, it's also entertaining to offer some counterbalance to this cultish community.

I made a mistake with this BTC's prediction. I had some information that turned out to be invalid. The main stress on this prediction went on PPC though, and luckily that wasn't invalid. I still consider PPC highly potential in the coming months. BTC not so much anymore.
legendary
Activity: 1176
Merit: 1000
October 17, 2014, 05:38:10 AM
#15
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?



Last time I held BTC more then 2 days was on December 2013, when it was over 1000$. I don't feel exactly sad that I haven't played these little pumps and dumps that have happened since.

Why are you here posting negative shit if you haven't held btc for more than two days since last December?

I distinctly remember seeing you post a positive prediction for btc on the wall a few weeks ago. The price inexplicably sold off lower sadly.

It is pretty obvious you are dying to catch the next bitcoin bubble. Why not just be honest?
legendary
Activity: 876
Merit: 1000
October 17, 2014, 04:41:12 AM
#14
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?



Last time I held BTC more then 2 days was on December 2013, when it was over 1000$. I don't feel exactly sad that I haven't played these little pumps and dumps that have happened since.
legendary
Activity: 1176
Merit: 1000
October 17, 2014, 03:50:59 AM
#13
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?
legendary
Activity: 876
Merit: 1000
October 17, 2014, 03:35:54 AM
#12
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.
newbie
Activity: 12
Merit: 0
October 17, 2014, 03:26:35 AM
#11
What is FIAT ?
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
October 17, 2014, 03:08:10 AM
#10
When is the next block reward halvening?
2016
Cut your loose until then
sr. member
Activity: 374
Merit: 250
October 17, 2014, 02:22:44 AM
#9
When is the next block reward halvening?
2016-08-02
http://bitcoinclock.com/
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