On top of that regarding ETFs, we now know that Second Market Investment Fund investors can't liquidate their holdings.
Basically they are stuck bagholding and watching the price tank while Barry Silbert posts shit like this (he refers to BTC breaking $300 and free falling from there):
https://twitter.com/barrysilbert/status/551533923663355904
This is the world of bitcoin gentlemen.
BTC will either die in a crash of gigantic proportions, or it will slowly be forgotten and gradually waste your life.
In any case, the game's over.
Topic: The towel is in the ring. - page 5. (Read 4134 times)
1) Stop looking at the market price, dumb idiots
2) Bitcoins destiny won't be related to its market behavior until consumer adoption begins to affect it.
3) Right now the entire market "world" is a bunch of day traders, manipulators, speculators, and whales.
4) The Bitcoin Market has nothing to with whats going on -------> out there in the field. In the ecosystem.
5) The ecosystem is building its infrastructure. Then will come consumer / enterprise adoption.
6) Then you will see a Bitcoin market price that is affected by its actual utility and use.
Not a day before.
Until then, the Bitcoin price has nothing to do with Bitcoin. Its potential for success. Nor its potential for failure.
Period.
-B-
2) Bitcoins destiny won't be related to its market behavior until consumer adoption begins to affect it.
3) Right now the entire market "world" is a bunch of day traders, manipulators, speculators, and whales.
4) The Bitcoin Market has nothing to with whats going on -------> out there in the field. In the ecosystem.
5) The ecosystem is building its infrastructure. Then will come consumer / enterprise adoption.
6) Then you will see a Bitcoin market price that is affected by its actual utility and use.
Not a day before.
Until then, the Bitcoin price has nothing to do with Bitcoin. Its potential for success. Nor its potential for failure.
Period.
-B-
The fundamentals are still intact.™
Bitcoin isvirtual boy betamax laser disc the Internet... and... bitcoin is technology that is backed by maths and so therefore it cannot possibly fail.
Bitcoin is
When it takes less than 30,000 coins to knock us down to 0...
This is not an economy, it's an experiment
This is not an economy, it's an experiment
It is weekend and start of year.
Wait some time for some moves.
Wait some time for some moves.
It's dead, it's done.
Bitcoiners, do you have any valid arguments that justify your efforts to get innocent people into this free falling clumsy mess of a pump&dump pyramid scheme?
https://www.youtube.com/watch?v=Yd0fBXwDBmo
Bitcoiners, do you have any valid arguments that justify your efforts to get innocent people into this free falling clumsy mess of a pump&dump pyramid scheme?
https://www.youtube.com/watch?v=Yd0fBXwDBmo
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 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.
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