You are never getting your goxbux back kireinaha.
As for "the mainstream", they are not who will fuel the next bubble. First ones were fueled by ultranerds, then super nerds, then regular nerds. Now it's Big Money, the kind that frontruns Joe Average. Next one will be fueled by the slacker type of big money, and finally worldwide Joe adoption will top things off.
Topic: Nothing to see here... - page 2. (Read 2601 times)
It's not your place to be giving financial advice or playing the savior. If you're shouting that the sky is falling and bitcoin is dying, what happens if someone sells based on your opinion and the price rebounds? How should we hold you accountable?
We're all big kids here, we know what we're getting into.
Also, you're a troll. Back to ignore with you.
We're all big kids here, we know what we're getting into.
Also, you're a troll. Back to ignore with you.
I have no way of knowing how far it will drop from here. Given the absence of a strong rebound, it seems apparent that it will drop further into the $400s, but I cannot say anything with certainty. It needs to be observed day by day.
I am not proclaiming a fall to $1, but rather I am warning those who are willing to listen to exercise caution in this market. A lot of people are losing their shirts right now for getting carried away by the bullish statements around here.
And I had you on ignore first. So back to ignore with you, troll
I'm trying to help people from losing their money. That makes me the good guy, and you the troll. I don't know how many times this year I've seen bubble predictions for the next month, and absurd claims of all time highs "right around the corner". They've all been false, and people need to be held to account for it. If that makes *me* a troll, then so be it.
It's not your place to be giving financial advice or playing the savior. If you're shouting that the sky is falling and bitcoin is dying, what happens if someone sells based on your opinion and the price rebounds? How should we hold you accountable?
We're all big kids here, we know what we're getting into.
Also, you're a troll. Back to ignore with you.
a), b), c) and d)
I'm not hysterically saying "buy" or "hold", just giving my 2 cents. Do whatever you want.
There is no such thing as realistic perspectives in a speculation market, unless some external event come to effect over bitcoin, which it didn't so far. For the rest is pretty much as valid for me to say the bleed will last about 1 month as it is for you to start shouting "OMG! Sell now!" - which sounds like "I want to re-enter but this is F expensive now".
I'm not hysterically saying "buy" or "hold", just giving my 2 cents. Do whatever you want.
There is no such thing as realistic perspectives in a speculation market, unless some external event come to effect over bitcoin, which it didn't so far. For the rest is pretty much as valid for me to say the bleed will last about 1 month as it is for you to start shouting "OMG! Sell now!" - which sounds like "I want to re-enter but this is F expensive now".
Quote
That's an interesting concept, because I'm pretty that's exactly what you are.
I'm trying to help people from losing their money. That makes me the good guy, and you the troll.You would need to know way much more of economics than you do to be a good guy, at the best you're a guy with good intentions.
Probably you joined high and sold low and therefore got upset on bitcoin. Too bad... that's how economics works, not with a 3% interest rate at some bank in a scam you know nothing about and that eventually will run out in a slowly burn ponzi scheme.
I bought back in spring of 2013 at just shy of $100 a coin, and liquidated the remainder of my position earlier this week. Much has changed since that time, and I am open minded enough to recognize the current price level is unsustainable and is likely to continue to follow this bear trend for at least several more months. As a result, I'm doing what I can to counter all the bull talk around here and provide people with realistic expectations, not, "OMG!!1! ATH next month buy while you still have chance!11!!"
Quote
That's an interesting concept, because I'm pretty that's exactly what you are.
I'm trying to help people from losing their money. That makes me the good guy, and you the troll.You would need to know way much more of economics than you do to be a good guy, at the best you're a guy with good intentions.
Probably you joined high and sold low and therefore got upset on bitcoin. Too bad... that's how economics works, not with a 3% interest rate at some bank in a scam you know nothing about and that eventually will run out in a slowly burn ponzi scheme.
We are talking about the ability to secure bitcoin that is all, not how stupid the average person is.
The lack of secure, simple, user-friendly storage solutions for the average person is one of the reasons why Bitcoin will never come close to mainstream adoption. Hence, one of the reasons why we'll never see another rally bringing us to the lofty heights predicted by the permabulls. We'll never get back to four digits. It's three and two digits for the next year or so. Then one digit.
...Because there hasn't been a complete economic meltdown...?
Who told you that it takes an economic meltdown for your savings to go down the drain?!
All it takes is some bank you never heard of in a place you can't even find in the map to go bankrupt and your bank to be exposed to it and pufff! There goes your savings!
Well, you still have a leverage with banks, governments will inject taxpayers money there to "save it". But even that will not work forever.
Quote
That's an interesting concept, because I'm pretty that's exactly what you are.
I'm trying to help people from losing their money. That makes me the good guy, and you the troll. I don't know how many times this year I've seen bubble predictions for the next month, and absurd claims of all time highs "right around the corner". They've all been false, and people need to be held to account for it. If that makes *me* a troll, then so be it.Quote
Oh so you were just cherry picking a time frame that supported your absolute statement without actually alluding to the bounds you were implying.
This is a moot point. The fact is, the majority of bitcoin investors in 2014 have been burned. You can speculate any way you'd like, but I assure you there were few people going from nothing to all in during the short lived flash crash into $330s. Quote
We need to get below one dollar to shake out all the weak hands!!! Then the next rally can finally start!!!
I will put my private key through 2 ciphers, GOOD LUCK breaking it bro good luck.
Right, there must be a reason everyone on the internet does that to encrypt passwords ... NOT. 
I don't care if I'm "targetted" by mouth breathing bitcoin trolls. I enjoy it actually.
That's an interesting concept, because I'm pretty that's exactly what you are.Quote
So first, I said, "people who invested in bitcoin earlier this year" by which I implied in January or February when it was >$800.
Oh so you were just cherry picking a time frame that supported your absolute statement without actually alluding to the bounds you were implying.
Quote
Are you really going to pick the lowest point of the year which held for less than a couple days and then imply from that that bitcoin has been a good investment in 2014?
It makes for a good example. We could pick any other point lower than $498, of which there are a few. You need this to be the bottom for your statement to hold, which it does not, because it is not.
My savings account is doing perfectly fine. Meanwhile, anyone who invested in bitcoin earlier this year and held until now is down 50% in value.
Yeah, anyone who bought during that crash to $3xx earlier this year is sitting on a massive loss.
Protip: Stop talking in absolutes, makes you an easy target.
I don't care if I'm "targetted" by mouth breathing bitcoin trolls. I enjoy it actually.
So first, I said, "people who invested in bitcoin earlier this year" by which I implied in January or February when it was >$800.
Are you really going to pick the lowest point of the year which held for less than a couple days and then imply from that that bitcoin has been a good investment in 2014?
If you're gonna pick the highest point.. ya he'll pick the lowest...
I didn't even pick the highest point of the year
We were just shy of $1,000 in January. The $350 price point held for a few hours during a flash crash. So if you bought while everyone was declaring a new ATH coming soon, you'd be hosed by now. If you went all in in during a very narrow time frame during a flash crash, you'd be okay. So that's totally rational and speaks volumes about the future potential of bitcoin. ...Because there hasn't been a complete economic meltdown...?
Meanwhile, anyone who is holding bitcoin in unregulatyed exchanges such as Bitstmap, Coinbase, BTC-E, bitfinex, etc, is at their mercy to not be hacked or fold up with the money. And even if they hold it at home, it can be stolen, a hard drive can crash, their house can burn down.
Are you for real?
Meanwhile, anyone who is holding bitcoin in unregulatyed exchanges such as Bitstmap, Coinbase, BTC-E, bitfinex, etc, is at their mercy to not be hacked or fold up with the money. And even if they hold it at home, it can be stolen, a hard drive can crash, their house can burn down.
Are you for real?
... why would you store your private key in one place.
I will put my private key through 2 ciphers, GOOD LUCK breaking it bro good luck.
Most people pick their anniversary date or their child's birthday for their bank PIN number, and use the same easy to break password for every website. Perhaps you have a strict security policy in place for your bitcoin stash, but do you really expect average Jane and Joe to become security experts overnight? We're talking about the mainstream here, and for these people, holding their liquid assets in a regulated bank account makes much more sense than "being their own bank".
That should be a no brainer, and if you look at the price, it's clear that the mainstream agrees with me.
We are talking about the ability to secure bitcoin that is all, not how stupid the average person is.
...Because there hasn't been a complete economic meltdown...?
Meanwhile, anyone who is holding bitcoin in unregulatyed exchanges such as Bitstmap, Coinbase, BTC-E, bitfinex, etc, is at their mercy to not be hacked or fold up with the money. And even if they hold it at home, it can be stolen, a hard drive can crash, their house can burn down.
Are you for real?
Meanwhile, anyone who is holding bitcoin in unregulatyed exchanges such as Bitstmap, Coinbase, BTC-E, bitfinex, etc, is at their mercy to not be hacked or fold up with the money. And even if they hold it at home, it can be stolen, a hard drive can crash, their house can burn down.
Are you for real?
... why would you store your private key in one place.
I will put my private key through 2 ciphers, GOOD LUCK breaking it bro good luck.
Most people pick their anniversary date or their child's birthday for their bank PIN number, and use the same easy to break password for every website. Perhaps you have a strict security policy in place for your bitcoin stash, but do you really expect average Jane and Joe to become security experts overnight? We're talking about the mainstream here, and for these people, holding their liquid assets in a regulated bank account makes much more sense than "being their own bank".
That should be a no brainer, and if you look at the price, it's clear that the mainstream agrees with me.
My savings account is doing perfectly fine. Meanwhile, anyone who invested in bitcoin earlier this year and held until now is down 50% in value.
Yeah, anyone who bought during that crash to $3xx earlier this year is sitting on a massive loss.
Protip: Stop talking in absolutes, makes you an easy target.
I don't care if I'm "targetted" by mouth breathing bitcoin trolls. I enjoy it actually.
So first, I said, "people who invested in bitcoin earlier this year" by which I implied in January or February when it was >$800.
Are you really going to pick the lowest point of the year which held for less than a couple days and then imply from that that bitcoin has been a good investment in 2014?
If you're gonna pick the highest point.. ya he'll pick the lowest...
How do you know how your savings are or aren't?
You don't expect the bank to come forward and say they lost all your money, do you?
It's just a number in the screen...
Obviously who joined during the hype lost. But that is as valid to bitcoin as it is to anything else.
You don't expect the bank to come forward and say they lost all your money, do you?
It's just a number in the screen...
Obviously who joined during the hype lost. But that is as valid to bitcoin as it is to anything else.
...Because there hasn't been a complete economic meltdown...?
Meanwhile, anyone who is holding bitcoin in unregulatyed exchanges such as Bitstmap, Coinbase, BTC-E, bitfinex, etc, is at their mercy to not be hacked or fold up with the money. And even if they hold it at home, it can be stolen, a hard drive can crash, their house can burn down.
Are you for real?
... why would you store your private key in one place.
I will put my private key through 2 ciphers, GOOD LUCK breaking it bro good luck.
My savings account is doing perfectly fine. Meanwhile, anyone who invested in bitcoin earlier this year and held until now is down 50% in value.
Yeah, anyone who bought during that crash to $3xx earlier this year is sitting on a massive loss.
Protip: Stop talking in absolutes, makes you an easy target.
I don't care if I'm "targetted" by mouth breathing bitcoin trolls. I enjoy it actually.
So first, I said, "people who invested in bitcoin earlier this year" by which I implied in January or February when it was >$800.
Are you really going to pick the lowest point of the year which held for less than a couple days and then imply from that that bitcoin has been a good investment in 2014?
My savings account is doing perfectly fine. Meanwhile, anyone who invested in bitcoin earlier this year and held until now is down 50% in value.
Yeah, anyone who bought during that crash to $3xx earlier this year is sitting on a massive loss.
Protip: Stop talking in absolutes, makes you an easy target.
How do you know how your savings are or aren't?
You don't expect the bank to come forward and say they lost all your money, do you?
It's just a number in the screen...
Obviously who joined during the hype lost. But that is as valid to bitcoin as it is to anything else.
You don't expect the bank to come forward and say they lost all your money, do you?
It's just a number in the screen...
Obviously who joined during the hype lost. But that is as valid to bitcoin as it is to anything else.
...Because there hasn't been a complete economic meltdown...?
Meanwhile, anyone who is holding bitcoin in unregulatyed exchanges such as Bitstmap, Coinbase, BTC-E, bitfinex, etc, is at their mercy to not be hacked or fold up with the money. And even if they hold it at home, it can be stolen, a hard drive can crash, their house can burn down.
Are you for real?
Jump to: