This is actually good news for Bitcoin

HegelianCattalactics

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Dude. What charting do you use and what indicators?

Quote from: trade2winnn on January 17, 2015, 01:20:49 AM

Quote from: NotHatinJustTrollin on January 17, 2015, 01:08:27 AM

Looks like we are barely holding above $200.
All kinds of people are gobbling up them cheap coins.

This is clearly also good news for bitcoin.

BTC will fall to $120. Its easy to see its not even strong above $200.

Its going to be held down for a while, we haven't even seen low yet.

Just my personal opinions above.

-trade2winnn

mp420

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Quote from: Oldminer on January 17, 2015, 05:36:21 PM

Of course its good news. I hope the price drops even further so more of the newbie (I'm gonna get rich on this overnight) crowd leave (hopefully having realised a loss so they dont return). It's time the whole Bitcoin scene had a good clean out. There's way too many get-rich-quick mongers about atm.

Unfortunately the world is full of people who want to get rich quick and we've only seen an infinitesimally small proportion of those. So, the current newbies may leave but there are always more where they came from.

I wouldn't even get my hopes up that every new generation of newbies would be more cautious than the previous.

NotHatinJustTrollin

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Still waiting for inca's arguments.

lastlove9091

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Quote from: Oldminer on January 17, 2015, 05:36:21 PM

Of course its good news. I hope the price drops even further so more of the newbie (I'm gonna get rich on this overnight) crowd leave (hopefully having realised a loss so they dont return). It's time the whole Bitcoin scene had a good clean out. There's way too many get-rich-quick mongers about atm.

i take 4BTC when it is 400USD/1BTC(At November, 2014). only working online.. now it 19xUSD/1BTC T.T.. so boring... ..but i will wait Sad

Oldminer

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Of course its good news. I hope the price drops even further so more of the newbie (I'm gonna get rich on this overnight) crowd leave (hopefully having realised a loss so they dont return). It's time the whole Bitcoin scene had a good clean out. There's way too many get-rich-quick mongers about atm.

mlferro

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Quote from: bornil267645 on January 17, 2015, 07:10:17 AM

well look at some of he bright sides, new people are adopting bitcoin now. But hopefully the price picks up at a general level.

This is certainly very positive. It is for this and other things that I do not abandon bitcoin

DeadCoin

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Quote from: NotHatinJustTrollin on January 17, 2015, 10:30:09 AM

Waiting for inca's ACTUAL ARGUMENTS against any of the points I raised:

https://www.youtube.com/watch?v=Yd0fBXwDBmo

You can probably expect him posting a screenshot of "this user is currently ignored". That's what they always do when someone is saying something contrary to their beliefs.

NotHatinJustTrollin

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Waiting for inca's ACTUAL ARGUMENTS against any of the points I raised:

https://www.youtube.com/watch?v=Yd0fBXwDBmo

NotHatinJustTrollin

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Quote from: inca on January 17, 2015, 09:52:29 AM

Is this thread really lambchop posting then replying to himself from multiple troll alt accounts? lol..

ps. Look up hyperinflation in the dictionary.

Do you have ACTUAL ARGUMENTS to contribute to this discussion or just empty remarks about what word should we use to describe a concept that you perfectly understood?

I would like to hear them.

Because whenever someone brings up concrete arguments that contradict your views all you do is label that as "FUD" or "well worn crap". Never seen actual arguments from you ever on these topics.

inca

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Is this thread really lambchop posting then replying to himself from multiple troll alt accounts? lol..

ps. Look up hyperinflation in the dictionary.

michietn94

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Man, all we need just a time that will show how amazing and how cheap bitcoin are.

I still have a faith on bitcoin and it will become valuable currency on the future.

Quote from: bornil267645 on January 17, 2015, 07:10:17 AM

well look at some of he bright sides, new people are adopting bitcoin now. But hopefully the price picks up at a general level.

yes, we need more people to know about it so it will increase bitcoin's rate

bornil267645

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well look at some of he bright sides, new people are adopting bitcoin now. But hopefully the price picks up at a general level.

bigtimespaghetti

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Valid points. but regardless if it is over or not, it still has utility (even with miners packing up), and as long as it functions it will be worth something, even if it is a lot less than the current price.

tabnloz

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on top of many other factors, if you don't think there has been any market manipulating going on, you're nuts. Plenty of margin lending and dumping, trying to drop below supposed support levels. Its even live dumped on twitter. Not illegal, not really unexpected as a % drop is easier the further we go down. But it isnt a problem with the protocol per se, just an effect of a smaller relativelt immature market.

If it shakes people out, so be it. Has been mightily successful for a long time. Bears win in a bear market and bulls have been holding with their emotions. If you want to join in the shorting you might make a bit but you're at the mercy of a squeeze. You need to ride the trend & have the ammo or else risk being rekt.

podyx

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