(...) Just face it, this is a bad day.
No, that's not true. It's a great day.
Bitcoin is going to be a huge global success. Therefore, temporary lower prices are a good thing, because they give you the opportunity to buy more.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23846. (Read 26712869 times)
January 03, 2015, 10:06:32 AM
No, that's not true. It's a great day.
Bitcoin is going to be a huge global success. Therefore, temporary lower prices are a good thing, because they give you the opportunity to buy more.
January 03, 2015, 10:04:55 AM
It´s all right, market is just spooked by this guy and maybe his pals
January 03, 2015, 10:03:40 AM
Would each confirmation take hours?
Only until the next difficulty adjustment.
In 2011, Namecoin was driven up by high hashrate and pretty much abandoned. This caused blocks to take hours and retargets to take months. This is what sparked merged mining because if it wasn't for that, Namecoin would have been a complete failure. There is nothing higher hashrate to merge Bitcoin with. If an ASIC exodus were to happen, it may ruin Bitcoin.
This is what worries me the most about Bitcoin. This scenario is getting closer every day.
January 03, 2015, 10:00:13 AM
January 03, 2015, 09:58:45 AM
Just because you aren't the big shot IT guy you think you are, doesn't mean that your plummer neighbour isn't capable of buying a Trezor and safely store his bitcoins.
Good afternoon, pig! You failed to read my entire comment, otherwise you would have taken in consideration the other half of the problems, the physical ones. Also, loser, when the fuck did i wrote that i'm a big-shot in IT ?
January 03, 2015, 09:58:08 AM
January 03, 2015, 09:55:24 AM
January 03, 2015, 09:52:43 AM
Sub 300.
MOTHER FUCKER.....
MOTHER FUCKER.....
January 03, 2015, 09:52:14 AM
(...) Just face it, this is a bad day.
No, that's not true. It's a great day.
Bitcoin is going to be a huge global success. Therefore, temporary lower prices are a good thing, because they give you the opportunity to buy more.
January 03, 2015, 09:45:24 AM
Just because you aren't the big shot IT guy you think you are, doesn't mean that your plummer neighbour isn't capable of buying a Trezor and safely store his bitcoins.
I bet he would rather invest his money in a plum-picking machine instead.
January 03, 2015, 09:41:41 AM
Lol, all those bears turning bull.
We just began with forming the bottom.
Be patient.
We at least have to go through 282 and form a temporary bottom for a few days.
After that we go to unknown places, I bet at least below 250, who knows how far.
But the good part is, it's the last bottom. It's only up after that, that means moon.
We just began with forming the bottom.
Be patient.
We at least have to go through 282 and form a temporary bottom for a few days.
After that we go to unknown places, I bet at least below 250, who knows how far.
But the good part is, it's the last bottom. It's only up after that, that means moon.
Because reasons?
My crystal ball told me.
However, this ball is making big profits for me lately so I have difficulty in ignoring it's magic.
January 03, 2015, 09:41:13 AM
When short selling the product for a year makes much more
sense than the production itself I guess you run out of
bankers fairly soon, right ?
sense than the production itself I guess you run out of
bankers fairly soon, right ?
It is not the best math to present to one of those guys with short hair, glasses and a pen in is shirt-pocket. "So prices are in free fall and output decreases with 3-25% a month? I'm sorry, but I can't take this to the man upstairs."
January 03, 2015, 09:38:29 AM
Alan Davies: "We will see who is right. Just look at Da Vinci, a lot of people called him a nutter back in his days."
Stephen Fry: "They said that about a lot of idiots as well."
We don't need shakeouts. We need millions and billions of weak hands to go mainstream. We need growth in all directions. Just face it, this is a bad day.
Stephen Fry: "They said that about a lot of idiots as well."
We don't need shakeouts. We need millions and billions of weak hands to go mainstream. We need growth in all directions. Just face it, this is a bad day.
nice cut!
January 03, 2015, 09:36:12 AM
When short selling the product for a year makes much more
sense than the production itself I guess you run out of
bankers fairly soon, right ?
sense than the production itself I guess you run out of
bankers fairly soon, right ?
January 03, 2015, 09:32:17 AM
So, which upcoming bankruptcy (-ies) is behind this desperate ballooning
of hashing power ?
of hashing power ?
January 03, 2015, 09:30:25 AM
January 03, 2015, 09:29:30 AM
There was a time when they thought trading 10000 bitcoins for a large pizza was a bargain fair exchange
At that time 1 btc = $.0025
At that time 1 btc = $.0025
January 03, 2015, 09:28:44 AM
This epic shakeout will continue until every weak hand is bled out and the fear is palpable. Who knows how long it will last. But rest assured that, when the tide turns, those of us that held on (or bought more) will reap the rewards.
Alan Davies: "We will see who is right. Just look at Da Vinci, a lot of people called him a nutter back in his days."
Stephen Fry: "They said that about a lot of idiots as well."
We don't need shakeouts. We need millions and billions of weak hands to go mainstream. We need growth in all directions. Just face it, this is a bad day.
January 03, 2015, 09:27:59 AM
Obviously the market is trying to get some of this bubble turned off
Estimated Next Difficulty: 45,909,057,597 (+12.96%)
Adjust time: After 1398 Blocks, About 8.7 days
Estimated Next Difficulty: 45,909,057,597 (+12.96%)
Adjust time: After 1398 Blocks, About 8.7 days
January 03, 2015, 09:27:24 AM
Welcome BTC to 2015, a continuation of the 2014 Bear Market. Looks like we will continue this way for a long time
(hope I'm wrong
)
(hope I'm wrong
)(I hope you're right
)I'm not kidding when I say I'd like to see the price stay as low as possible for as long as possible.
I've now finally reached my original target and if the price stays below 400 for another year or so I should be able to raise my (rather modest) target + 50%
Also, this little experiment is not nearly ready for prime time adoption. Non technical people will need fool-proof methods of using bitcoin. Regulations will need to be established if you truly want mass adoption. This isn't just some silly app that might leak your nude selfies across the internet. People will need to be abstracted away from actually having to deal with bitcoins by instead dealing with regulated, insured entities, exactly the same way they deal with banks today. -- the only good news is that if you are even remotely interested you can learn to do it yourself and side step the banks, but I have not much faith in the main-stream-media fed, distracted masses ever bothering to understand anything more difficult than honey boo boo or duck dynasty.
Jump to: