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Topic: Nothing to see here... - page 3. (Read 2601 times)

legendary
Activity: 1218
Merit: 1000
August 15, 2014, 02:56:56 PM
#5

Quote
Did banks finally figured a way to be reliable and people stock everything there?
Heck no! In fact they are worse than ever, being held by strings and taxpayers. Expect some more banks to go bankrupt (or bailed out) soon.

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.

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.
sr. member
Activity: 350
Merit: 253
August 15, 2014, 02:40:38 PM
#4
Quote
Did bitcoin or any exchange/service suffered any serious attack or is it broken?
No.

Moot point. People have decided they don't want to hold onto bitcoin anymore because development and mainstream adoption has stalled.

Quote
Did banks finally figured a way to be reliable and people stock everything there?
Heck no! In fact they are worse than ever, being held by strings and taxpayers. Expect some more banks to go bankrupt (or bailed out) soon.

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.

Quote
Is it forbidden to have bitcoins everywhere?
No.

Doesn't matter if few people actually want to buy them, which is clearly the case now.

Quote
It's just holiday season and most likely some need to cash out to pay for their vacations.
Probably the come back will not happen before mid September, but that's it.

Again with this line. This has to be the most fingers in ears, delusional line of thinking I've seen here. And that says a lot.
legendary
Activity: 3780
Merit: 5429
August 15, 2014, 02:38:12 PM
#3
Margin calls on Bitfinex, apparently Ethereum (*cough* vaporware *cough*) dev team dumping 1000's of donated BTC, and panic sellers folding weak hands.

Yay for such a mature bitcoin market.
sr. member
Activity: 294
Merit: 250
August 15, 2014, 02:34:32 PM
#2
Margin calls:
http://www.coindesk.com/margin-trading-crash-price-bitcoin/

Apart from that, nothing to see.

Bitcoin works as usual  Cheesy
legendary
Activity: 1218
Merit: 1000
August 15, 2014, 02:31:23 PM
#1
Some are shaking with the drop and jump to the cash out. But let's see:

Did bitcoin or any exchange/service suffered any serious attack or is it broken?
No.

Did banks finally figured a way to be reliable and people stock everything there?
Heck no! In fact they are worse than ever, being held by strings and taxpayers. Expect some more banks to go bankrupt (or bailed out) soon.

Is it forbidden to have bitcoins everywhere?
No.

So... why?

It's just holiday season and most likely some need to cash out to pay for their vacations.
Probably the come back will not happen before mid September, but that's it.
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