Topic: Losing faith (Read 4098 times)
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!
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.
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.
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.
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.
Don't go Seamen.... never go seamen.
Bitcoin is bitchcoin
No demand!!!!!!
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?
Bitcoin is bitchcoin
No demand!!!!!!
No demand!!!!!!
Why are we going down 
?
?Supply outweigh demand.
Why?
Why are we going down ?
?Supply outweigh demand.
if we don't break 385 soon then I'll be worried...
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.
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
What is FIAT ?
FIAT is an Italian car brand, short for Fabbrica Italiana Automobili Torino
Joking. Fiat is currency, while btc is money. you can watch the documentary "Hidden scerets of money". You'll get the idea.
What is FIAT ?
Fiat money is currency which derives its value from government regulation or law. USD, for example.
And now we are up to $390 already, so you shouldn't lose faith just because it drop like 15$.
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 !
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.
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.
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.
Never regret your decisions in the future. It's a bad sign in trading.
Why are we going down ?
?Because that's what a market does, it goes up and down
He is not on forum anymore, now is Riiising turn.
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.
is this the capitulation?
Anger. 
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?
is this the capitulation?
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.
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.
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.
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
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.
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.
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.
...
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
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
Inca, how irrelevant could you be? Talk about being constantly wrong
I wouldn't be surprised if i wake up and its over 400 tomorrow morning 
...just like the day beforeOff to bed. Probably be over 400 when I wake, eh Shroomskit? Nn porkchop
It's 373, inca, it's 373
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
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 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?
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
Why are we going down ?
?Have faith, it just drop like 25$....
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?
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.
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.
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?
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.
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.
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.
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?
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.
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.
What is FIAT ?
When is the next block reward halvening?
2016Cut your loose until then
When is the next block reward halvening?
The most important thing right now about BTC, is its FIAT value. If you want it to have a more stable price, it have to be widely use. When people will stop to compare BTC to FIAT. We'll see less drop like that.
When the move up happens, its intensity will shock everybody.
Down and up and down, and up again. It is the pattern when btc become more mature. Its been 5+ years now since btc came into existence. So constant rise and no fall should not be expected.
where will it end?
Is bedrock already in sight?
Is bedrock already in sight?
To da moon!!!!!
Because the whole Bitcoin mining process is a never-ending black hole of money hemorrhaging.
Why are we going down ?
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