Author

Topic: Yet another proof of a screwed up ecosystem (Read 925 times)

legendary
Activity: 1064
Merit: 1001
February 07, 2014, 03:31:06 AM
#10
RECENT UPDATE:

After my dog barked that he thinks 300s is a certainty, also neighbor's cat started selling.
sr. member
Activity: 308
Merit: 251
Giga
February 07, 2014, 03:18:34 AM
#9
i prefer looking at bitcoin as a currency commodity, it makes more sense that way
legendary
Activity: 1022
Merit: 1001
February 07, 2014, 03:17:28 AM
#8
Buy some lottocoins instead and move on
legendary
Activity: 1064
Merit: 1001
February 07, 2014, 03:17:12 AM
#7
He's too busy whining about his coins losing value I guess?

Not exactly.
legendary
Activity: 1414
Merit: 1000
February 07, 2014, 03:14:59 AM
#6
He's too busy whining about his coins losing value I guess?
legendary
Activity: 924
Merit: 1001
February 07, 2014, 03:11:28 AM
#5
revolution is never pretty.....
and what do you think is the fair value of bitcoin then?
why dont you just be thankful and grab some cheap coins.
zby
legendary
Activity: 1594
Merit: 1001
February 07, 2014, 03:10:45 AM
#4
The same was said in 2011 and at some point it will be true - but when is anybody's guess.
sr. member
Activity: 280
Merit: 250
February 07, 2014, 03:10:08 AM
#3
Not that I wasn't expecting this but I think we have in front of our eyes another proof of bitcoin's "reliability" as e-cash, gold 2.0 and other callsigns. 150 dollars drop in a day is insane. Congratulations 2014, now all investors are running away. Or people here still think that big money (only money that can buy 3600 bitcoins a day at prices above 200) will get into bitcoin after this?

We now have some massive sell walls, strategically put in place at 700-720. Whoever thinks this 'crash' is not staged, is a baby. Bitcoin is nothing more, and probably will never be anything more than a purely speculative instrument.



wobber, everything has a speculative component.  It's just that Bitcoin at this point is more speculation than substance.  It will survive on and function as what it is supposed to be .. a medium of exchange, not a fricken digital gold bar.
legendary
Activity: 1414
Merit: 1000
February 07, 2014, 03:06:36 AM
#2
Shut the hell up, this shit is what makes bitcoin exciting. Go watch the stock market and precious metals if you like watching paint dry so much.
legendary
Activity: 1064
Merit: 1001
February 07, 2014, 03:03:50 AM
#1
Not that I wasn't expecting this but I think we have in front of our eyes another proof of bitcoin's "reliability" as e-cash, gold 2.0 and other callsigns. 150 dollars drop in a day is insane. Congratulations 2014, now all investors are running away. Or people here still think that big money (only money that can buy 3600 bitcoins a day at prices above 200) will get into bitcoin after this?

We now have some massive sell walls, strategically put in place at 700-720. Whoever thinks this 'crash' is not staged, is a baby. Bitcoin is nothing more, and probably will never be anything more than a purely speculative instrument.

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