Topic: so btc value is finished? - page 4. (Read 9326 times)

It sure as hell won't be about the damn Chinese government doing this or that with their laws about Bitcoin.  

News from China has been about the only type of negative press in the Bitcoin sector at all (except for Gox and some of the minor exchanges).

OTOH, if you look at market news coming out of non-Communist markets like the US, it's been all positive.

Communism can take a hike.  

The problem is that you never know what news can push it up or down. Who know what tomorrow holds.

...all the time there is someone that find bitcoin useful to manage his business, buy and use bitcoins( maybe with the aim to produce devaluetion of bitcoin )
then some limitation stop this activity, and due to significance of this volume of bitcoins in relation with the overall bitcoin use, we see astonished what effects can produce.

You said right, do not give-up! This is what they want, because if bitcoin-based economy grow, these effects will be even more insgnificant, up to subtract power at them.

I agree this is something that happens last year btc dropped from 1k to 500 then jumped slowly to ~780$.

No need to panic this is something that happens all the time

Prediction of the experts is that value of BTC must rise. I've no idea of what you mean by stabilized. I hope this want happen if would mean that there is no progress, no grown of bitcoin world. Anyway, I've no idea of what experts mean by value

Value should be stabilized for few week then it will climb up slowly.

Price will be around 580 when it stabilize that is my prediction.

it's climbing up again, now at $480
hold your BTC and wait for another week

yes, between private people only. It's incredible, China is always advanced! We have to move up.

Wait. Are you saying it's not just a lame rumor? How should we be careful? Sell all?

This forum is/was for decent people to have good discussions.
You will fit in just fine.   

Yes semaforo, you expressed many things that I was thinking too.

Please do not mix value of money that depends on acceptance of peoples, and costs of distributions of created money.

Creation of money must be for free and its distribution based on responsability.
With regards to the first point I agree with needs of sha256 and want to help, anyway needs of Scrypt are lesser and more sustainable, but if I think of fiat currancy, where the cost for people is double of the nominal value, one time because they, the money creator, should give to people and one time because the money creator, FED, BCE-banks appropriate of them and create debt to start THE ponzi scheme , then don't mind costs of mine by sha256.

But we have to care about the responsablility, responsability of the distribution. We are assuming that computer interest is sign of intelligence at least, of attencion for modern era, means to be smart and we feel like the choosen ones. But if we look at reality, speculation, scams, frauds, hacking, cracking, mtgox wallet desappeared... we realize that still lack responsability. This way no change is possible. Caos is well coming. Bitcoin and cryptoc. are easily frustrated. FAr away from real potencial of what cryptocs are.

   I don't think anyone can deny that bitcoin does not have any intrinsic superiority over the alts- the real uestion is which of the alts has enough of an advantage over bitcoin to cause people to invest their time and energy in building it's infrastructure instead of bitcoins?

Also, what makes you think that bitcoin is expensive?


  Considering the fact that the global financial system, of which fiat currency like the dollar is just one component, is the most insane and criminal ponzi scheme of all time, the dollar looks severely overvalued, and bitcoin extremely undervalued. Google stock probably seems expensive too, but the fact is that it represents a lot more value than some random search engine start up because it already has a lot of users. Gold seems expensive too "I can get a kilo of this orange shiny metal for ten dollars, but a kilo of this yellow shiny metal costs 40 k! What a rip of, both can be used to make jewelry and I think orange is prettier than yellow!"

  The fact is that value is a function of supply versus demand. People want bitcoin because it has much greater market reach. The demand for altcoins is almost exclusively people speculating hoping that they can get a coin for a dollar that will increase in value 10,000%- in other words, the only real reason to get into alts is because of the impression that they have missed the boat with bitcoin- which they haven't. It's just greed.


  Of course more experienced members are annoyed by the influx of new members- they have seen this many times before. That's why most of them just ignore posts like this at this point.
  I seriously hope that the OP will sell to someone who understands and believes in bitcoin and is not drooling at the prospect of getting rich and whimpering and throwing tantrums at the prospect of losing money. This is much better for bitcoin and will lead to much more price stability.

  Same goes for speculation- if people would just
1- understand bitcoin and its implications for the global economy
2- buy bitcoin and use it
3- hold and tell people about it until more people understand it

  they would make WAAAAAYYYY more money than with this ridiculous speculating, trying to buy and sell for a little profit here and there, which basically amounts to gambling and ends up enriching cleverer people at the expense of people like the OP. This is not a win-win, so why do this when there is a way to do it that leaves everyone better off??

Yes, but bitcoin value is true at least, the point I make is the value of bitcoin is starting as tremendously real now, or maybe when will be a little lower
If we want to see the change we have to be able to fix prices of services and goods in BTC! Not Euro, not Dollars, not Pounds, etc...
When this BTC-based real  economy would be bigger than what is moved by "market manipulation"/speculation/avarice, then not a so big effort will anymore be necessary to see the definitive cryptoc. establishment.

No need for selling BTC buy it for cash now (dollar euro), or invest in some alt coin there are several that may be investing in.

I think some of your guys heads are so inflated from having made a lot of money from bitcoin, that it has clouded your judgement.
The point I was making is the value of bitcoin is finished as being absurdly high.  
All of you show this point by claiming how the market is being manipulated, and that you guys actually want it to continue to crash, to further manipulate the market.  

If I making money, am I going to risk accepting bitcoin and get fucked due to the continually downtrend of price...nope   (yes immediate sell on exchanges or whatever, but again, when it takes time to process everything, transactions getting stuck, and the price is continually going down, your losing money)
If I want to purchase something, am I going to buy bitcoin and then have to buy more two seconds later because the price is continually dropping...nope
People who purchase bitcoin and miners for investment (little guys) are not going to do so anymore either, as it is not showing the potential for gains is highly outweighed by extreme volatility.

It is apparent that the vast majority of those with lots of bitcoins care only about market manipulation, moving money around China, and really could give a rats ass about if bitcoin is accepted by merchants.
If i'm wrong why wouldn't these exchanges, major mining facilities, large bag holders, whatever, market to get bitcoin accepted?    
The reason why is because getting bitcoin accepted doesn't offer the profits that market manipulation does.
Once this is figured out by everyone else, the game is up.  

I'm not saying I'm any better, and I wouldn't do the same thing if I could.  
The ones with the money obviously worked out that it is better to go for the short term quick gains, then the long term ones of acceptance.  

you are an idio...

save for your future, how nice, how naive, let me gues, you are also a "hard working" stacker (silver and gold, silver for you only, cause you are poor probably) and an american :-).

This forum is getting dumber and dumber :-/.

Buy, sell ...speculation without someone that use them in real economy.
Price was up because of chinese using them for their utility. If we only have speculation, we have the results that we are seeing.

But why should we use bitcoins/cryptoc. in our life if we already have our money!?
This is the question we have to answer!

Let's go, I'm already there. But what's the  reason exactly?
We know people know much bitcoins, why we should expect they will accept other coins?

Acceptance is everything guys!

+1

Why? Is weak now? For what?