Why Bitcoin will fail in the coming weeks (and alt-coins will rise)

AndrewWilliams

full member

Activity: 182

Merit: 100

Fourth richest fictional character

Quote from: superduh on November 19, 2013, 10:23:37 PM

Quote from: AndrewWilliams on November 19, 2013, 08:22:39 PM

How can you support Bitcoin and not the alts that are like Bitcoin?

If Bitcoin succeeds, the (good) alts will succeed.

If you buy $10,000 spread over a few key alts today, I do not think you will be disappointed with the return in 2-3 years.

wrong, you'd lost out on most of the alts with a less than 1% chance that one of the random alts you picked might do good.

I didn't say random alts. I said key alts.

LTC, CGB, PPC, NMC, they all going up. That's all there is to it.

superduh

hero member

Activity: 602

Merit: 500

Quote from: AndrewWilliams on November 19, 2013, 08:22:39 PM

How can you support Bitcoin and not the alts that are like Bitcoin?

If Bitcoin succeeds, the (good) alts will succeed.

If you buy $10,000 spread over a few key alts today, I do not think you will be disappointed with the return in 2-3 years.

wrong, you'd lost out on most of the alts with a less than 1% chance that one of the random alts you picked might do good.

AndrewWilliams

full member

Activity: 182

Merit: 100

Fourth richest fictional character

How can you support Bitcoin and not the alts that are like Bitcoin?

If Bitcoin succeeds, the (good) alts will succeed.

If you buy $10,000 spread over a few key alts today, I do not think you will be disappointed with the return in 2-3 years.

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

Quote from: CoinHoarder on November 19, 2013, 02:46:54 PM

Quote from: theonewhowaskazu on November 19, 2013, 02:34:11 PM

Cryptocoin news is another pump & dump supporting website.

Complete epic fail, never have they been right. They always say buy crapcoins.

http://www.cryptocoinsnews.com/2013/10/29/bitcoin-cryptocurrency-analysis-one-thing-week-44/

Since then the BTC/USD has gone up by about 400%, while their beloved XMP/BTC has declined by more than 50%. These guys are shitcoin shills, pure and simple.

I wouldn't really call Prime Coin a "shit coin". At least it provides some benefit to society by improving the mathematical understanding of prime numbers. This could have various positive effects in the field of mathematics.

Then again.. I'm not saying it's a good investment, but just that it's not a "crap coin". Prime coin was actually decently innovative compared to most of the copy and paste ALTs.

I admit that the technology behind it is sound, even innovative, but the commodity itself is crap. Altcoins, themselves, can be produced whenever, even easier than US Dollars can.

CoinHoarder

legendary

Activity: 1484

Merit: 1026

In Cryptocoins I Trust

Quote from: theonewhowaskazu on November 19, 2013, 02:34:11 PM

Cryptocoin news is another pump & dump supporting website.

Complete epic fail, never have they been right. They always say buy crapcoins.

http://www.cryptocoinsnews.com/2013/10/29/bitcoin-cryptocurrency-analysis-one-thing-week-44/

Since then the BTC/USD has gone up by about 400%, while their beloved XMP/BTC has declined by more than 50%. These guys are shitcoin shills, pure and simple.

I wouldn't really call Prime Coin a "shit coin". At least it provides some benefit to society by improving the mathematical understanding of prime numbers. This could have various positive effects in the field of mathematics.

Then again.. I'm not saying it's a good investment, but just that it's not a "crap coin". Prime coin was actually decently innovative compared to most of the copy and paste ALTs.

safeminer

member

Activity: 110

Merit: 10

hahahaha TS must be someone holding on some shit alt coin hoping he makes a million

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

Cryptocoin news is another pump & dump supporting website.

Complete epic fail, never have they been right. They always say buy crapcoins.

http://www.cryptocoinsnews.com/2013/10/29/bitcoin-cryptocurrency-analysis-one-thing-week-44/

Since then the BTC/USD has gone up by about 400%, while their beloved XMP/BTC has declined by more than 50%. These guys are shitcoin shills, pure and simple.

NorbyTheGeek

full member

Activity: 201

Merit: 100

Your site loses any credibility of objectivity with its logo:

pera

sr. member

Activity: 532

Merit: 261

バカ

For the record, the Bernanke story is misleading, he doesn't think that Bitcoin may hold a long-term promise:

Quote

For example, in 1995, the U.S. House of Representatives held hearings on "the future of money" at which early versions of virtual currencies and other innovations were discussed. Vice Chairman Alan Blinder’s testimony at that time made the key point that while these types of innovations may pose risks related to law enforcement and supervisory matters, there are also areas in which they may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system.

Some journalists holding btcs are being really nasty...

antimattercrusader

sr. member

Activity: 308

Merit: 250

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

i look at where the money goes. Anyone can say anything, but putting up money is a real expression of belief. I'll buy alt-coins when I see this trend happening.

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: jjtech on November 19, 2013, 08:29:04 AM

oh - and best thing is: IGNORE THIS TOPIC from now on. A lot of accidental people come here now and some of them might just read headlines. Let it fall into obscurity

I agree we should stop responding and ignore the topic just like the person before me did! 1.2.3 Ignore now!

BarkinTree

full member

Activity: 204

Merit: 100

this guy has been trying to pump his altcoins so hard lately. i get it -- sucks to be a bagholder. but this is getting obnoxious.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

LOL

Bitcoin will fail?

This thread is a fail.

Edit:

I just clicked on his link and it became clear why he posted this drivel.

He's spamming his goofy altcoin website.

antimattercrusader

sr. member

Activity: 308

Merit: 250

Quote from: cryptocoinsnews on November 19, 2013, 07:53:05 AM

The graph shows the Bitcoin price on the trading engine BTC China. It peaked today with the price 6989 CNY per Bitcoin. This is a historically high Bitcoin price. 6989 CNY is around 1140 USD. Now, the big question is: will the Bitcoin price keep going up? Our answer is NO. The market is not ready to carry the price of Bitcoins above 1000 USD. And that is what we are witnessing now:

http://www.cryptocoinsnews.com/2013/11/19/bitcoin-will-fail-coming-weeks-alt-coins-will-rise/

How does decrease in price = fail?

I might respect your opinion that bitcoin prices will fall relative to altcoins (don't know if I agree) but predicting bitcoin's failure is like trying to predict the 2nd coming of christ, we should both live like it will never happen but be prepared for it to happen immediately. This is an experiment, seems pretty solid thus far, but can fail. Can you predict the failure? I think not.

jjtech

newbie

Activity: 55

Merit: 0

oh - and best thing is: IGNORE THIS TOPIC from now on. A lot of accidental people come here now and some of them might just read headlines. Let it fall into obscurity

jjtech

newbie

Activity: 55

Merit: 0

Exactly. People should grow some brains by now, but it looks like some just get off acting as prophets of doom

Quote from: Littleshop on November 19, 2013, 08:24:57 AM

Quote from: deadweasel on November 19, 2013, 08:08:00 AM

Quote from: ar9 on November 19, 2013, 08:05:46 AM

Same story repeated each and every time Bitcoin rises.

A crock of crap.

+1 Total load of shit.

Agreed. But if one character was changed at least the store would be true temporarily (like a broken clock is right twice a day).

"Why Bitcoin will FALL in the coming weeks....."

Littleshop

legendary

Activity: 1386

Merit: 1004

Quote from: deadweasel on November 19, 2013, 08:08:00 AM

Quote from: ar9 on November 19, 2013, 08:05:46 AM

Same story repeated each and every time Bitcoin rises.

A crock of crap.

+1 Total load of shit.

Agreed. But if one character was changed at least the store would be true temporarily (like a broken clock is right twice a day).

"Why Bitcoin will FALL in the coming weeks....."

jjtech

newbie

Activity: 55

Merit: 0

"At Bitstamp the current price of one Bitcoin is now down to its lowest in weeks: 370 USD."
Well, it only went over this amount on the 13-th of Nov if I remember correctly. It doesn't even make it a week - so I don't know what you are talking about.
Another tea leaf reader seeking attention. Pile of crap.
I'm not saying that it won't crash - whatever you mean by that. Or that it won't meteorically rise up to a $1000. This kind of post sound like garbage perpetuated by a govt shill, nothing more.

jnada

sr. member

Activity: 310

Merit: 250

database error... Grin

Topic: Why Bitcoin will fail in the coming weeks (and alt-coins will rise) (Read 3506 times)