Why did bitcoin failed? | Bitcointalksearch.org

cbeast

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Let's talk governance, lipstick, and pigs.

Quote from: kresu on October 25, 2014, 01:25:30 PM

Hello, guys, WAKE UP!

The OP mocrotasje opened this thread on 7th September, and did not reply even once since.
He left you all talking to yourselves, while laughing at you

The poor guy had an accident. Why are you so cruel to him? Cry

kresu

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Hello, guys, WAKE UP!

The OP mocrotasje opened this thread on 7th September, and did not reply even once since.
He left you all talking to yourselves, while laughing at you

cbeast

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Let's talk governance, lipstick, and pigs.

Quote from: abercrombie on October 25, 2014, 12:22:39 PM

Quote from: calchuchesta on October 25, 2014, 12:11:54 PM

I like how many people are calling Bitcoin a failure because its price hasn't been sustained at $1000 levels, yet no one remembers that in Spring of 2013, bitcoin was sub $100. It's baffling to call something a failure even though it's STILL above the April 2013 high of $276. I just don't get how quickly they expect things to move when they say that it's a failure while still maintaining 100% gain from one year ago. Fuck.

If we use the 12 month indicator most often used on Wall Street, year to year we're down brah.

If we use moving averaging, we're still way up over last year.

NotLambchop

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Quote from: calchuchesta on October 25, 2014, 12:11:54 PM

I like how many people are calling Bitcoin a failure because its price hasn't been sustained at $1000 levels, yet no one remembers that in Spring of 2013, bitcoin was sub $100. It's baffling to call something a failure even though it's STILL above the April 2013 high of $276. I just don't get how quickly they expect things to move when they say that it's a failure while still maintaining 100% gain from one year ago. Fuck.

Teh amateur investors were duped by Bitcoin visionaries like this d00d,

who told them that Bitcoin price would continue rising exponentially.

abercrombie

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Quote from: calchuchesta on October 25, 2014, 12:11:54 PM

I like how many people are calling Bitcoin a failure because its price hasn't been sustained at $1000 levels, yet no one remembers that in Spring of 2013, bitcoin was sub $100. It's baffling to call something a failure even though it's STILL above the April 2013 high of $276. I just don't get how quickly they expect things to move when they say that it's a failure while still maintaining 100% gain from one year ago. Fuck.

If we use the 12 month indicator most often used on Wall Street, year to year we're down brah.

calchuchesta

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I like how many people are calling Bitcoin a failure because its price hasn't been sustained at $1000 levels, yet no one remembers that in Spring of 2013, bitcoin was sub $100. It's baffling to call something a failure even though it's STILL above the April 2013 high of $276. I just don't get how quickly they expect things to move when they say that it's a failure while still maintaining 100% gain from one year ago. Fuck.

abercrombie

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Quote from: inca on October 25, 2014, 10:45:29 AM

Quote from: NotLambchop on October 25, 2014, 10:42:56 AM

Quote from: inca on October 25, 2014, 10:39:13 AM

...
You are short, so?

So he's making money while you're losing it. How is it you don't understand the most trivial shit?

You obviously think you exert an effect on the market by trolling these forums constantly. Hope it's worth it!

For the record, I trade as neither bull nor bear. As a trader, I welcome the volatility of huge peaks and valleys.

Posted rockets and moon pictures early summer, now I post the opposite as it falls.

Long term, I do believe in cryptocurrency as an innovation. Grin

NotLambchop

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Quote from: robmob on October 25, 2014, 11:03:56 AM

Bitcoin is not a get-rich-quick scheme or a ponzi scheme I think you might want to do some research before you understand you make yourself look stupider then you all ready do

Shouldn't u b in schul lurning to Englishe beterer?

robmob

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Respect All Fear None

Bitcoin is not a get-rich-quick scheme or a ponzi scheme I think you might want to do some research before you understand you make yourself look stupider then you all ready do

NotLambchop

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Quote from: inca on October 25, 2014, 10:45:29 AM

Quote from: NotLambchop on October 25, 2014, 10:42:56 AM

Quote from: inca on October 25, 2014, 10:39:13 AM

...
You are short, so?

So he's making money while you're losing it. How is it you don't understand the most trivial shit?

You obviously think you exert an effect on the market by trolling these forums constantly. Hope it's worth it!

I trade BTC for profit. Watching you rage against your betters is just an aversion, a way to pass the time while I make money and you lose it.

BlindMayorBitcorn

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Quote from: Wilhelm on September 07, 2014, 06:47:43 PM

Quote from: oceans on September 07, 2014, 06:44:10 PM

I still do not even now understand why people seem to think bitcoin has in actual fact failed just because the price is still at a low right now. When bitcoin fails it will take more than just a price drop to make people realise it has, this is something that will eventually change and does not prove that bitcoin has failed.

As a get-rich-quick scheme it is arguable that it has failed

cocos

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Because some alt coins have better mechanism.

inca

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Quote from: NotLambchop on October 25, 2014, 10:42:56 AM

Quote from: inca on October 25, 2014, 10:39:13 AM

...
You are short, so?

So he's making money while you're losing it. How is it you don't understand the most trivial shit?

You obviously think you exert an effect on the market by trolling these forums constantly. Hope it's worth it!

robmob

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Respect All Fear None

Where is the proof bitcoin failed and if it failed why am I still buying and selling items for bitcoin?

NotLambchop

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Quote from: inca on October 25, 2014, 10:39:13 AM

...
You are short, so?

So he's making money while you're losing it. How is it you don't understand the most trivial shit?

inca

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Quote from: abercrombie on October 25, 2014, 09:54:54 AM

Subject is grammatically incorrect, and for that reason alone it just stuck in my head.

In hindsight, interesting to read the advice.

Here we are, over 100 points lower. I think this thread was created at the lofty heights of $478'ish.

Now we're in the 340's.

You are short, so?

abercrombie

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Subject is grammatically incorrect, and for that reason alone it just stuck in my head.

In hindsight, interesting to read the advice.

Here we are, over 100 points lower. I think this thread was created at the lofty heights of $478'ish.

Now we're in the 340's.

Only4money

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Quote from: Wilhelm on September 18, 2014, 03:58:13 AM

Quote from: 78lower01 on September 18, 2014, 03:19:40 AM

Quote from: Zeta0S on September 18, 2014, 03:13:06 AM

Quote from: lamaze on September 18, 2014, 02:19:38 AM

Well bitcoin today is not in a good place but its not dead as you say. It will come back for sure. Everyone is believing in that

Yeh! It will be back @ 266USD No Time!

Probably the bottom will be higher, somewhere around $350.

Unfortunately since we're going below $450 I believe the bottom could well be $100.
Bitcoin will return from the dead but weak hands must be killed first

Nobody knows where it's gonna strike within few days, it may rise back up to $500 or it may even hit $100. But as you said weak hands must be killed first and that's the real way to make it almost stable. Personally I think it won't go below $400.

Wilhelm

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Quote from: 78lower01 on September 18, 2014, 03:19:40 AM

Quote from: Zeta0S on September 18, 2014, 03:13:06 AM

Quote from: lamaze on September 18, 2014, 02:19:38 AM

Well bitcoin today is not in a good place but its not dead as you say. It will come back for sure. Everyone is believing in that

Yeh! It will be back @ 266USD No Time!

Probably the bottom will be higher, somewhere around $350.

Unfortunately since we're going below $450 I believe the bottom could well be $100.
Bitcoin will return from the dead but weak hands must be killed first

78lower01

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Quote from: Zeta0S on September 18, 2014, 03:13:06 AM

Quote from: lamaze on September 18, 2014, 02:19:38 AM

Well bitcoin today is not in a good place but its not dead as you say. It will come back for sure. Everyone is believing in that

Yeh! It will be back @ 266USD No Time!

Probably the bottom will be higher, somewhere around $350.

Topic: Why did bitcoin failed? (Read 5586 times)