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Topic: The towel is in the ring. - page 2. (Read 4134 times)

legendary
Activity: 1988
Merit: 1012
Beyond Imagination
January 11, 2015, 09:25:08 PM
#67
QE has stopped, no new money injection, everything's price will go down. But we will see other area be impacted first, I think it will start with raw material and energy sector and spread into other manufacturing industry, finally end products like house/car etc...

Soon FED will have to restart the QE to prevent the next gigantic crash of everything and this time all the money will first go into bitcoin, let's wait and see  Wink
legendary
Activity: 1260
Merit: 1116
January 11, 2015, 08:24:39 PM
#66
I love the argument that backing development is just slow and bog changes are upon us.
However true that may be, the market is already fckd up as it is, a hard fork will be the killing blow for bitcoin, it will likely cause the biggest panic sale we have ever seen in this market.

Ripple is SHIT Smiley

legendary
Activity: 1937
Merit: 1001
January 11, 2015, 08:23:14 PM
#65
I love the argument that backing development is just slow and bog changes are upon us.
However true that may be, the market is already fckd up as it is, a hard fork will be the killing blow for bitcoin, it will likely cause the biggest panic sale we have ever seen in this market.
legendary
Activity: 1267
Merit: 1000
January 11, 2015, 05:40:13 PM
#64
OMG, not another one of these threads.... Roll Eyes
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
January 11, 2015, 04:50:27 PM
#63

Most bitcoin transactions are of criminal nature.


lol good one, do you have any statistics which prove this statement ?

Of course not. Presenting the facts are nearly impossible unless they are involved in ALL of the criminal transactions that use BTC...

 Roll Eyes
legendary
Activity: 2212
Merit: 1008
January 11, 2015, 04:38:05 PM
#62
BTC
legendary
Activity: 1316
Merit: 1000
January 11, 2015, 04:34:43 PM
#61

Most bitcoin transactions are of criminal nature.


lol good one, do you have any statistics which prove this statement ?
hero member
Activity: 994
Merit: 1000
January 11, 2015, 04:32:28 PM
#60
Why all the manipulation talk? This is just a market. An illiquid one, sure, but one entity/group can only pump/suppress price for so long.
sr. member
Activity: 462
Merit: 251
January 11, 2015, 04:11:20 PM
#59
What if all these beartards were actually paid by or part of a group or groups that just want to crash btc so they can buy really cheap coins before it pumps again?
The reason I ask this is why would someone devote so much time and keystrokes to something they honestly believe is failing? sorry if I don't buy any reason related to trying to save anyone any money by buying into a falling asset. I find it impossible to believe they give a shit.

That's right. It's a conspiracy.

To be honest, I am very happy to have had access to this forum over the last year. If there's a market movement, I come here almost straight away to see what the cause is. All I'm doing is looking out for my fellow bitcoiners. I will buy into BTC again when I see an opportunity, but that's the only reason I'll buy in. The real action is increasingly elsewhere.

Yeap, I'm waiting for a bottom so I can stash away a few more but I don't think the decline has quite finished yet. There was 334 million invested by venture capital in the "bitcoin ecosystem" in 2014, and it'll take a little while for those startups to become productive. I'm not expecting a quick return, but when all is said and done if in five years my bitcoins are worth nothing, I've already made a profit. I've been on the sidelines for a few months now, but I'm guessing that shill accounts still spread propaganda to try and change market sentiment in the forums and various chats. The thing that concerns me most about the success of bitcoin is regulation, so I don't take it as a given that it will be a success, but it's certainly much closer than it was in 2011.
sr. member
Activity: 280
Merit: 250
January 11, 2015, 03:47:20 PM
#58
What if all these beartards were actually paid by or part of a group or groups that just want to crash btc so they can buy really cheap coins before it pumps again?
The reason I ask this is why would someone devote so much time and keystrokes to something they honestly believe is failing? sorry if I don't buy any reason related to trying to save anyone any money by buying into a falling asset. I find it impossible to believe they give a shit.

That's right. It's a conspiracy.

To be honest, I am very happy to have had access to this forum over the last year. If there's a market movement, I come here almost straight away to see what the cause is. All I'm doing is looking out for my fellow bitcoiners. I will buy into BTC again when I see an opportunity, but that's the only reason I'll buy in. The real action is increasingly elsewhere.
sr. member
Activity: 378
Merit: 254
January 11, 2015, 03:46:04 PM
#57
NotLambChop is definitely in the orange.. Probably lacks the intelligence for sophism Tongue

So...  Which scamcoin is that again?
And why do you Bitcoiners always reach for five-dollar words when ur butthurt?

Sigh, learn to use google, or least read..
...

HAHAHAHA thx 4 teh tip Cheesy

legendary
Activity: 1414
Merit: 1000
January 11, 2015, 03:42:35 PM
#56
What if all these beartards were actually paid by or part of a group or groups that just want to crash btc so they can buy really cheap coins before it pumps again?
The reason I ask this is why would someone devote so much time and keystrokes to something they honestly believe is failing? sorry if I don't buy any reason related to trying to save anyone any money by buying into a falling asset. I find it impossible to believe they give a shit.
sr. member
Activity: 280
Merit: 250
January 11, 2015, 03:41:55 PM
#55
What does Ripple have to do with any of this?

Because those who have decided to leave BTC are now in XRP.

The only reason the BTC market cap is still respectable is because LTCers first instinct was to flee to the "safety" of BTC.
sr. member
Activity: 462
Merit: 251
January 11, 2015, 03:38:18 PM
#54
NotLambChop is definitely in the orange.. Probably lacks the intelligence for sophism Tongue

So...  Which scamcoin is that again?
And why do you Bitcoiners always reach for five-dollar words when ur butthurt?

Sigh, learn to use google, or least read..

I notice your pretty new, but you already have a reputation as a scammer..

I think you are "butthurt", and projecting the qualities you possess onto others..

Now I'm going to talk with adults, but please continue your attention seeking..

Ripple has as much to do with this as my avatar...
sr. member
Activity: 378
Merit: 254
January 11, 2015, 03:35:43 PM
#53
What does Ripple have to do with any of this?
sr. member
Activity: 280
Merit: 250
January 11, 2015, 03:30:24 PM
#52
NotLambChop is definitely in the orange.. Probably lacks the intelligence for sophism Tongue

So...  Which scamcoin is that again?
And why do you Bitcoiners always reach for five-dollar words when ur butthurt?

Do you believe XRP is a "scamcoin"?
sr. member
Activity: 378
Merit: 254
January 11, 2015, 03:27:46 PM
#51
NotLambChop is definitely in the orange.. Probably lacks the intelligence for sophism Tongue

So...  Which scamcoin is that again?
And why do you Bitcoiners always reach for five-dollar words when ur butthurt?
sr. member
Activity: 462
Merit: 251
January 11, 2015, 03:24:18 PM
#50
NotLambChop is definitely in the orange.. Probably lacks the intelligence for sophism Tongue
sr. member
Activity: 280
Merit: 250
January 11, 2015, 03:21:18 PM
#49
Now that the return of Bitstamp has proven not to boost the market in any way, i think its safe to say that even big players now realize it's done and only going down from here.

I think the return if Bitstamp was the only thing that could have boosted the value a little.
Why do people keep talking about 'but the fundamentals dare there', no they are not, that's why we have 200 altcoins that are almost every one of them better than bitcoin in at least one aspect.

Bitcoin has a fail mining approach, PoW.
Bitcoin mining is centralized.
Bitcoin has failed distribution.
Bitcoin has slow confirmations.
Bitcoin development has practically stopped.
Bitcoin blockchain is bulky, its 30gb how much if it would be adopted, impossible to sustain.
Most bitcoin transactions are of criminal nature.

Please tell me why you invest still?

Colored coins? Not going to happen.
Side Chains? Not going to happen.
EFT? Not going to happen.

Enlighten me oh holy permabulls.

I'll bite:

Bitcoin has a fail mining approach, PoW.

--> Not true. Thanks to PoW Bitcoin also has an incredibly invested ecosystem which keeps it more faithful than most of those alt-coins with supposidly improved systems. Not to mention that PoW actually does work, and will be even more important in the future.

Bitcoin mining is centralized.

--> It was always expected to become centralized to some degree. Besides- don't you want professionals confirming transactions? The hobbyiest was necessary for bootstraping the network, not forever.  

Bitcoin has failed distribution.

--> bogus

Bitcoin has slow confirmations.

--> this has been discussed, not a problem.

Bitcoin development has practically stopped.

--> also not true. Its just very slow considering how much money depends on it. Gavin has posted recently about the new block sizes coming and have you not seen the 10 candidate release?

Bitcoin blockchain is bulky, its 30gb how much if it would be adopted, impossible to sustain.

--> So is your mother.

HAHAHAHA. Sorry I had too. You don't need to run a full node- you can always prune if it's a problem.

Most bitcoin transactions are of criminal nature.

--> bogus.

Please tell me why you invest still?

Colored coins? Not going to happen.

--> They are already happening.

Side Chains? Not going to happen.

--> They are already happening.

EFT? Not going to happen.

--> Well that will be easy to prove. Lets see- 2015 will be just as dramatic as always in bitcoinland.





On Graham's Hierarchy of Disagreement, I'd say you're somewhere around the pink/orange zone. Do continue.
legendary
Activity: 2338
Merit: 2106
January 11, 2015, 03:18:01 PM
#48
Still waiting for those convincing arguments guys...


http://www.ericsson.com/industry-transformation/wp-content/uploads/sites/6/2014/11/ict-and-the-future-of-financial-services.pdf


not sure if you guys care to read 44 pages. just one example.

those who are not convinced, just don't come here anymore. as long as the trolls have their Party in here, i know bitcoin will succeed. if doomtrolls lose interest i get concerned.
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