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Topic: We wont be seeing 1000 this year - page 2. (Read 3029 times)

legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
July 28, 2014, 03:35:33 AM
#14
People said the same thing before the price went up to $1,200. Dell started accepting bitcoins, which is pretty positive news. If more big companies start adopting bitcoins we might see the price go up.
legendary
Activity: 2240
Merit: 1001
July 28, 2014, 01:48:57 AM
#13
its only alittle over half the year long time more to go
sr. member
Activity: 434
Merit: 250
July 28, 2014, 01:43:03 AM
#12
are you willing to put some money where your mouth is?

if he is, he could use betmoose.com or predictious.com to wager his coins.
full member
Activity: 210
Merit: 100
★☆★ 777Coin - The Exciting Bitco
July 28, 2014, 01:38:07 AM
#11
Maybe this year will be a slow year for bitcoin, however, this calm of rightnow doesnt mean it will be like this all year.
lmfao.  Your joking right?  A slow year for bitcoin price perhaps but to say it's been a slow year for bitcoin is really funny to me.
legendary
Activity: 1260
Merit: 1000
July 27, 2014, 11:52:08 PM
#10
What you listed is not as big of an issue as the entire top down protocol being busted.  We have mining pool owners on the Bitcoin dev team, no wonder they are doing nothing to get rid of mining pools, the #1 core problem of Bitcoin.  The wolves, snakes, whatever the fuck are in the hen house so to speak.
member
Activity: 112
Merit: 10
July 27, 2014, 11:49:46 PM
#9
Your post includes zero reasons why the price isn't going up.  If you want to know why, all you have to do is read the following paragraph:

The current Bitcoin model is already an obvious failure while people walk around in a delusional state pretending it isn't.  It's advertised as requiring "no trusted 3rd parties", yet the entire thing relies on them in the form of a small number of mining pools for block verification.  Since Bitcoin never solved the "no trusted 3rd parties" dilemma, it's time to admit that and come up with a solution, most likely assign a performance metric to regulate those parties (i.e. PoS with reputation variable).

Unless every single iota of Bitcoin dev manpower is redirected towards the solitary goal of getting rid of mining pools, they're operating under the textbook definition of insanity.

crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.
legendary
Activity: 1260
Merit: 1000
July 27, 2014, 11:48:15 PM
#8
Your post includes zero reasons why the price isn't going up.  If you want to know why, all you have to do is read the following paragraph:

The current Bitcoin model is already an obvious failure while people walk around in a delusional state pretending it isn't.  It's advertised as requiring "no trusted 3rd parties", yet the entire thing relies on them in the form of a small number of mining pools for block verification.  Since Bitcoin never solved the "no trusted 3rd parties" dilemma, it's time to admit that and come up with a solution, most likely assign a performance metric to regulate those parties (i.e. PoS with reputation variable).

Unless every single iota of Bitcoin dev manpower is redirected towards the solitary goal of getting rid of mining pools, they're operating under the textbook definition of insanity.
legendary
Activity: 3710
Merit: 5286
July 27, 2014, 09:47:16 PM
#7
I am right so far. This is not the year of Bitcoin, and not any other altcoin's either.

Most coins on btce are at 1 dollar and about to breach 0,X. I think we will see BTC at 500< for the rest of the year. Maybe more interesting stuff will happen enxt year?

So why should anyone care what you think?  Are you a wizard? 

And yes I agree with Bobsurplus, care to put your money where your mouth is?
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
July 27, 2014, 09:46:30 PM
#6
are you willing to put some money where your mouth is?
sr. member
Activity: 434
Merit: 250
July 27, 2014, 09:42:36 PM
#5
No one knows the future, but predicting that the exchange rate of bitcoins will remain stagnant for 6 months is the most outrageous prediction that one can make.

he isn't saying it will be stagnant. he's just saying that it won't reach 1,000. that's not the same thing.
newbie
Activity: 25
Merit: 66
July 27, 2014, 08:29:17 PM
#4
No one knows the future, but predicting that the exchange rate of bitcoins will remain stagnant for 6 months is the most outrageous prediction that one can make.
sr. member
Activity: 462
Merit: 250
July 27, 2014, 08:17:13 PM
#3
Maybe this year will be a slow year for bitcoin, however, this calm of rightnow doesnt mean it will be like this all year.
full member
Activity: 168
Merit: 100
July 27, 2014, 07:37:09 PM
#2
I didn't know about other altcoin, but I hope the price will never less than $700 in the end of this year.
sr. member
Activity: 639
Merit: 251
July 27, 2014, 07:32:04 PM
#1
I am right so far. This is not the year of Bitcoin, and not any other altcoin's either.

Most coins on btce are at 1 dollar and about to breach 0,X. I think we will see BTC at 500< for the rest of the year. Maybe more interesting stuff will happen enxt year?
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