''The End Is Nigh'' trolls and market speculation.

Motya

newbie

Activity: 7

Merit: 0

Quote from: Sniperdude on December 07, 2013, 12:17:30 AM

Quote from: Dr Bloggood on December 06, 2013, 11:09:23 PM

Quote from: Gator-hex on December 06, 2013, 10:40:58 PM

It's because of the news out of China. We've seen crashes before it will stabilize around production cost.

How much is the production cost?

well seeing as the cost for equipment to mine has gone up that would mean the value of BTC should be going up.

As the costs increase how is that supposed to push up the value? Does each miner go "BTC needs at this price for me to be profitable, I better go buy some to increase its value!" ?

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: mackb on December 07, 2013, 02:13:09 PM

Lots of media coverage on BTC and Alts the last couple of weeks has brought a lot of speculators and inexperienced investors (myself included). This was like the day trader boom in the late 90's/early 00's. Lot's of hype machines and doom and gloomers all over, but mostly people losing their shirts while the smart ones bought slowly and steadily.

very glad that you learned the right lesson from this and were not scared away by it. welcome to bitcoin.

mackb

newbie

Activity: 7

Merit: 0

Lots of media coverage on BTC and Alts the last couple of weeks has brought a lot of speculators and inexperienced investors (myself included). This was like the day trader boom in the late 90's/early 00's. Lot's of hype machines and doom and gloomers all over, but mostly people losing their shirts while the smart ones bought slowly and steadily.

hellfrozenow

full member

Activity: 122

Merit: 100

Quote from: ?? on ??

I don't know guys, but I feel we are really onto something here..
All these fluctuations in the market are normal for something unknown to the world as the alts are, but when I see that yesterday a first Tesla was sold for over 90 BTC or when I read that Lamborghini will also start selling cars in BTCs, things like this just restore my confidence into alts.

There is no room for panic in this business. Of course this is easier said than done when many of us out there have given a 1000 for just 1 BTC but because of this panic, such huge market fluctuations are happening.

But do altcoins have a future?? Most positively YES!

just look at LTC price swings for last week or so. Alt coins are even crazier in price swings than Bitcoin Wink

azedee

newbie

Activity: 12

Merit: 0

Quote from: VeryTripy on December 06, 2013, 05:52:32 PM

There are many variations of this particular individual. I think it would be educational to discuss them and find other species of this ''The End Is Nigh'' troll.

Amid frenetic bubbles most of the bulls are trolls.

Dr Bloggood

sr. member

Activity: 336

Merit: 250

Damn, this is buying time now!

Not with 100% of the sum you want to invest, but with, let's say, 30%-50%.

bathwater

newbie

Activity: 40

Merit: 0

Quote from: mybogusname on December 07, 2013, 02:04:52 AM

Now at 675 and dropping.. YAY!!!

400$ by midnight ??

pacific +8, california time zome

mybogusname

full member

Activity: 196

Merit: 100

Now at 675 and dropping.. YAY!!!

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: Argwai96 on December 07, 2013, 12:43:23 AM

Quote from: Anon136 on December 07, 2013, 12:19:13 AM

Quote from: samsam on December 06, 2013, 08:32:43 PM

I wonder how far it will fall???

Dont expect it to stay much lower than 700 for any length of time.

you might just be surprised. this rally is over. a bear market may be in! Wink

yea i wouldn't be surprised if i was surprised. wait what.

Gimmelfarb

hero member

Activity: 658

Merit: 500

Quote from: StealthyCactus on December 07, 2013, 12:49:12 AM

Yeah you gotta take verything you hear with a grain of salt, lotta people out there looking to profit from your panic. Tongue

that's for sure! hehe. Cheesy

StealthyCactus

newbie

Activity: 22

Merit: 0

Yeah you gotta take verything you hear with a grain of salt, lotta people out there looking to profit from your panic. Tongue

Argwai96

legendary

Activity: 1036

Merit: 1000

Thug for life!

Quote from: Anon136 on December 07, 2013, 12:19:13 AM

Quote from: samsam on December 06, 2013, 08:32:43 PM

I wonder how far it will fall???

Dont expect it to stay much lower than 700 for any length of time.

you might just be surprised. this rally is over. a bear market may be in! Wink

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: samsam on December 06, 2013, 08:32:43 PM

I wonder how far it will fall???

Dont expect it to stay much lower than 700 for any length of time.

Sniperdude

newbie

Activity: 56

Merit: 0

Quote from: Dr Bloggood on December 06, 2013, 11:09:23 PM

Quote from: Gator-hex on December 06, 2013, 10:40:58 PM

It's because of the news out of China. We've seen crashes before it will stabilize around production cost.

How much is the production cost?

well seeing as the cost for equipment to mine has gone up that would mean the value of BTC should be going up.

wasserman99

sr. member

Activity: 476

Merit: 250

but what if the end is nigh?

gekkomk

newbie

Activity: 50

Merit: 0

Volatility will continue (regardless of trolls) but is normal (is a part from the market speculation). Anyway, from my point of view bitcoins are a long-term investment.

I wouldn't invest in BTC an amount that i will need tomorrow.

Dr Bloggood

sr. member

Activity: 336

Merit: 250

Quote from: Gator-hex on December 06, 2013, 10:40:58 PM

It's because of the news out of China. We've seen crashes before it will stabilize around production cost.

How much is the production cost?

Gator-hex

hero member

Activity: 490

Merit: 500

It's because of the news out of China. We've seen crashes before it will stabilize around production cost.

Sniperdude

newbie

Activity: 56

Merit: 0

where will it land nobody knows!!!!!

stromma44

hero member

Activity: 952

Merit: 1000

Quote from: samsam on December 06, 2013, 08:32:43 PM

I wonder how far it will fall???

Who knows, maybe best is just check price next week and do not look now

Topic: ''The End Is Nigh'' trolls and market speculation. (Read 1203 times)