The Death of Bitcoin as Confirmed by Data

senyorito123

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Quote from: ASHLIUSZ on July 11, 2016, 12:22:29 AM

Quote from: maku on July 10, 2016, 08:33:50 PM

The only fact Op confirmed by putting all these charts is that bitcoin is volatile and there are ups and downs.
And why BTC exactly it is dead again? I didn't see anything point to this conclusion at all :/
Seriously people, please stop with this BTC IS DEAD, FUD alredy.

the massive fluctuations in the currency’s price, lead people to say that bitcoin is dead. While the currency can’t exactly be labelled as dead. the price has gone a little down than expected that’s for sure but the currency has rebounded somewhat and is still receiving attention from a number of business entities.

Actually bitcoin has tremendous many times died since back then as you can see the chart on wiki we can see their the history of price flactuation and the past ups and downs has been made but luckily the price bounce back since many people still believe in bitcoins form and thats the reason why it still catches more business attention and the increasing users make bitcoins more alive, but we dont really know what will happen to it in the future if bitcoin will be out of the fab.

notme

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Quote from: ASHLIUSZ on July 11, 2016, 12:22:29 AM

Quote from: maku on July 10, 2016, 08:33:50 PM

The only fact Op confirmed by putting all these charts is that bitcoin is volatile and there are ups and downs.
And why BTC exactly it is dead again? I didn't see anything point to this conclusion at all :/
Seriously people, please stop with this BTC IS DEAD, FUD alredy.

the massive fluctuations in the currency’s price, lead people to say that bitcoin is dead. While the currency can’t exactly be labelled as dead. the price has gone a little down than expected that’s for sure but the currency has rebounded somewhat and is still receiving attention from a number of business entities.

Confirmed

ASHLIUSZ

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Quote from: maku on July 10, 2016, 08:33:50 PM

The only fact Op confirmed by putting all these charts is that bitcoin is volatile and there are ups and downs.
And why BTC exactly it is dead again? I didn't see anything point to this conclusion at all :/
Seriously people, please stop with this BTC IS DEAD, FUD alredy.

the massive fluctuations in the currency’s price, lead people to say that bitcoin is dead. While the currency can’t exactly be labelled as dead. the price has gone a little down than expected that’s for sure but the currency has rebounded somewhat and is still receiving attention from a number of business entities.

ssmc2

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Yep, Proudhon = BUY

PseudoCode

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Woo, the return of Proudhon, the original contrarian bear with a track record as long as his Alpacas neck..

How are those Alpaca Socks working out for you 'Hon ? If only you could still trade them in for the coins they used to be worth..
what was it, about 10 or 20 coins for a set of socks back then ? Not bad, a $10,000 pair of socks.

Almost as good as the infamous Pizza

For those worried about profitability of mining post-halving, here's a gem from Proudhons early days.

Quote

"What will the exchange rate of USD/BTC need to be at the next projected difficulty level in order to retain the same profit as at the current difficulty level and exchange rate? then the exchange rate would need to go up to ~$1.92 in order for me to make the same amount I'm making at the current difficulty level with an exchange rate of $1.66."

Yes, we have a *confirmed miner here who was around in the $1 USD = 1 BTC days, and then decided about 6 months later that BTC was doomed to fail and started posting things like

Quote

"We've been hearing about rallies just around the corner for over a month now. While it's possible something gets started, there's so much downward pressure and low confidence that it just seems very unlikely. There's a better chance we're headed for lower lows and if you play your cards right, you can still make money on the way down. Betting on a rally right now is just foolishness and wishful thinking. Sorry."

and continued insisting that bitcoin was at unsustainable prices at anything over $5 from then on until he faded away into obscurity followed by laughter.. and here we are, years later, at over 100x his original doom predictions and he's back to share the benefits of his "foresight" with us once again.

Now, we just need to get Him and KwuckDuck in the ring together and we would have the fight of the decade for the biggest doomsayer title.

Yakamoto

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Quote from: takingthis4 on July 10, 2016, 03:34:42 PM

Quote from: bit1 on July 10, 2016, 03:20:05 PM

Even if it is dying technology(or someday can be) even could keep it some value and be used as a reference value, clearly talking about the worst cases.

i think you are right about it, but right now bitcoin is definitely not dying because the price of the bitcoin is pretty stable and not going down at all, i think it will be pumped soon

Again, I swear that I can't figure out whether or not these topics are satire or being completely legit with their statements. I looked through the images and most of them are relatively meaningless images that just show concepts and nothing really in practice.

I can go here and emphasize everything right now;

Bitcoin WILL die because these relatively obscure graphs and images say that it WILL, even though my text really seems to imply sarcasm. This however, will go unnoticed by the community so I can scheme and seem like I am being real with my claims.

I cannot tell whether or not half these things are satire or not anymore.

maku

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The only fact Op confirmed by putting all these charts is that bitcoin is volatile and there are ups and downs.
And why BTC exactly it is dead again? I didn't see anything point to this conclusion at all :/
Seriously people, please stop with this BTC IS DEAD, FUD alredy.

spiderbrain

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600watt

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welcome back. 2013 all over again. great & confirmed.

takingthis4

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Quote from: bit1 on July 10, 2016, 03:20:05 PM

Even if it is dying technology(or someday can be) even could keep it some value and be used as a reference value, clearly talking about the worst cases.

i think you are right about it, but right now bitcoin is definitely not dying because the price of the bitcoin is pretty stable and not going down at all, i think it will be pumped soon

bit1

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Even if it is dying technology(or someday can be) even could keep it some value and be used as a reference value, clearly talking about the worst cases.

iv4n

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I don't believe in bitcoin death, as I see OP just started meaningless argue about something that have very low chances to happen. I think btc will not die that easily, and fast. With so many active users I think we can grow more.
Lets not make ridiculous predictions and concentrate on something more better. Bitcoin is here to stay and many people think same as I do.

windjc

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Quote from: elux on July 10, 2016, 08:57:54 AM

♬ Guess who's back - back again - Proudhon's back, tell a friend. ♬ Cheesy

Awesome. I wonder if this time around this thread will be quoted in Forbes or The Guardian. Can't wait to see the international trollage of news redux.

elux

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♬ Guess who's back - back again - Proudhon's back, tell a friend. ♬ Cheesy

silentkiller

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Where did you get those technical analysis? Bitcoin will be the strongest currency after a decade believe me. Its already in the book of prophecies

eiskalt

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my chinese source told me this:

4444.44 * 666.666 = 6.¯6

consequential:

- USD/CNY will be adjusted to 6.667 for at least 3 months, 2 weeks and 2 days after the halving.

- after 3m,2w,2d bitcoin price will: - either soar to 4444.44 USD
- or drop to 666.666 CNY, then drop to 23.777 USD, and finally implode to 000.000 EUR

Questions that remain unanswered: - when did proudhon sell his BTCT account?
- can rationality be smoothed out?
- why do I feel so bored after posting in this thread?

thank you very much, have a nice day ...

smoothie

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LEALANA Bitcoin Grim Reaper

Quote from: proudhon on July 08, 2016, 04:23:53 PM

Quote from: smoothie on July 08, 2016, 03:55:37 PM

I would urge anyone reading OP's post to look at his posting history from 2011 until now before taking anything he says seriously.

And I would urge you, dear smoothie, to remember that I am an official confirmed source. It seems you've forgotten my magnum opus.

http://www.ibtimes.co.uk/chinese-new-year-bitcoin-ban-end-days-or-empty-threat-1434495

broken clock = correct twice a day?

I don't get your point.

Clearly you are here to post in the same manner you have been for as long as the old timers here remember.

I actually find you entertaining.

Nothing wrong with that.

keystroke

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Thank you as ever for your sage analysis proudhon.

https://youtu.be/A7TuFy0fcuw

Bitcoin's a fad and it's on fire...
Higher than a fantasy
Like a singularity

Reminds me of the good old days.

Hello from Chile.

coinsplz777

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I hope nobody takes this troll seriously! Wink

notme

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Quote from: CryptoDatabase on July 08, 2016, 05:49:48 PM

Quote from: notme on July 08, 2016, 05:43:30 PM

Quote from: CryptoDatabase on July 08, 2016, 04:49:32 PM

Quote from: proudhon on July 08, 2016, 04:23:53 PM

Quote from: smoothie on July 08, 2016, 03:55:37 PM

I would urge anyone reading OP's post to look at his posting history from 2011 until now before taking anything he says seriously.

And I would urge you, dear smoothie, to remember that I am an official confirmed source. It seems you've forgotten my magnum opus.

http://www.ibtimes.co.uk/chinese-new-year-bitcoin-ban-end-days-or-empty-threat-1434495

Nobody is going to take you seriously when you post crap like this as 'confirmed data' or lame ass charts that contain 0 information in them and can be the total viewer count for teletubbies last night for all I care.

Why would you assume he wants to be taken seriously? It's just Proudhon clowning around as usual. He provides some much needed comic relief around here.

You missed the comedic relief found in my post in your haste to say i missed his. Its plainly obvious that this is a troll thread..

Nope. I read it all again... you're just not funny Tongue

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Topic: The Death of Bitcoin as Confirmed by Data (Read 2977 times)