Game is over.

Suckers rallye led by a chinese exchange  - Check
No one really knows how they handle their business - Check
Bank withdrawls disabled - Check
Price manipulation (probably non existent trades)   -Check
Assurance that smart "honest" exchanges will follow every move, ignoring all facts - Check
Exchange assures everyone that everything will be OK - Check
Exchange goes down, takes all the money with them, dissapears in fog - Soon
Price crashes by 50% - Soon
Everyone screams, "Oh how should we have known, there were absolutely no signs that this could happen" - Soon

When will Huobicoinbuilder.com be launched, that´s normally one of the last steps in this (profitable) procedure?

 

Volume is going up nice

Is there any option for Euro traders who don't want to exposed to dollars besides Kraken? Kraken has such low volume... I want to buy 5000 euro in bitcoin but I also want to move in and out of positions easily without the huge slippage that Kraken has when you're trading "big" amounts. If I used Bitstamp I would be able to do this... But I don't like being exposed to the dollar/euro risk.

MOON MNOON?

did you not hear about DISH network!!!!~ muuuhahahaahaha  

I am offering 5000BTC at a 10% discount for sale via Paypal. PM me if interested, otherwise i will dump them in Bitstamp with a market order in 12 hours.

PS: Also, China Ban! soonish

I am offering 5000BTC at a 10% discount for sale via Paypal. PM me if interested, otherwise i will dump them in Bitstamp with a market order in 12 hours.

So, what project are you managing at JP Morgan?  New JP Morgan coin?  The conflict of interest here is amusing.

Seriously though, fixing this cost almost 3 BTC:

https://twitter.com/JustusRanvier/status/475740436192296960

Considering the future value of those coins, she's got to be the most expensive dog in history.

She's fine now - this happened last month.

https://twitter.com/JustusRanvier/status/483701159480152065

We still aren't really sure what happened. It could have been broken glass, or a sharp rock, or maybe a snapping turtle (all of those could have been present where it occured).

Haha, he's just caught in some weird schizophrenic mood swings. Bull the one second, Bear the next. Like his Avatar, neither dog nor pigeon (what IS that thing???)! Also trades on emotions, not good! Hehe

isn't shroomskit somewhat of a whale?

his bot buying at 680 was impressive

Come on, Shroomskit, we want to hear the full story! 

I feel sorry for you if you think this is anything else than simply people getting out.
There aren't secret groups of people keeping the price down to buy cheap coins. Stop being so delusional.
Everyone with a lot money money had every chance to get in. Even the last few months when everyone expected a bubble they didn't. They realize this isn't going anwhere.

Don't feel sorry for me i'm on a Greek island on holiday.

Anyway don't be such a prick, you already said you sold so of course you want prices lower.

Ex head of oil/commodities at JPM is starting a btc fund next week and you think bitcoin is over? You're delusional!

There are already several funds and all i see is the price going down. You will be very dissapointed.

Wussy. And this with 2 coins.

Do fonsie and fonzie share any DNA?  

Are they from the same egg or different eggs?

What medicine turns one into the other?  and back?

Smart money is getting out. Just like i just did.

Just look at all these people buying. Oh wait.

Yeah well, that's what you get if you sell while all the signs says we're going up.

Guys, you don't actually have to respond to shroom yourself. You just need to search his post history and quote one of 981219 variations of how everyone selling are sheep and panicking, and how he thinks trading is for idiots.

I'll start.


PS: If he is a sheep, is he a triple hybrid dog/bird/sheep or would it be between bird and sheep?

Can we just stop following China! This is ridiculous. Damn sheep!
Also the chance of new China FUD is quite big and we all know how that will go. Is that really what people want? We can avoid it. Stop following China!

You think it's bad here - this was the BTCE trollbox a few minutes ago:

Pimbo: digital can be erased, paper can be burned, and anything can get lost

ArlequinST: not if its up your colon

ArlequinST: rectum wallet?

Pimbo: wallet-in-a-hole

ArlequinST: pebbles you like rectum wallet, dont you?

zigz: new thing the kids are doing? spraying their bitcoin up eachothers rectums?

rick1208: too much dumpage for allmost no reason

ArlequinST: maybe sticking.. be a bit challenging to spray one up there.. ask pebbles, he seems to be the know it all about rectum wallet placement

pegglemaster: Pimbo, so whats your personal method?

zigz: I like to spray my bitcoin

rick1208: ama, thinking about New York

zigz: like a lion, scent-marking it's territory

Pimbo: pegglemaster, nothing fancy, just on my hdd (and dropbox), not exactly secure..

Pimbo: but im thinking hypodermic mircochips or hypodermic pouches would be the way to go

zigz: Might have to pull out the chicken bones for this next trade

memacs: Coma

memacs: Rizoma

zigz: Pimbo, you could maybe do a small non-biodegradable and stick it in your scrotum or something though

Pimbo: a superhuman photographic memory would be ideal

zigz: since the scrotum is already kind of a carrying bag

ArlequinST: I like sticking a condom on my bitcoin safe storage

ArlequinST: ribbed for her pleasure

zigz: I suppose you could sacrifice an entire nut, have the other replaced with your storage inside the fake nut

Pimbo: If you're an average american, you'll have plenty of space in your body for pouches!

ArlequinST: zigz, interesting..

LapMinerOnFire: Pimbo, yeah they can stick stuff under their front boobs, back boobs, other flaps

zigz: that'd totally work. I dunno if you'd want rfid or any way to access it, bip38, or something, private key, or just make it long term storage, so you have to physically remove your fake ball to access to the data

Pimbo: or on those electric scooters, never go anywhere without em

ArlequinST: we can tattoo bitcoins on our arses too!!

ArlequinST: so much potential

zigz: ArlequinST, could you imagine getting mugged though? Guy just flays off that portion of your ass



Quality stuff.

Agreed.
Unlike previous years the public doesn't want to invest anymore because they think Bitcoin will go up.
All they see is previous buyers losing money.

What we have here is:
No new buyers.
No amount of good news will make the price go up.
Any slightly bad news will cause a crash.
No increased user adoption.
Lots of people getting out.

This was gonna be the year of Bitcoin. It simply failed.
It won't magically go up again. There is no reason why it would.

All that support at 550 is dissapearing fast.
I don't understand. I thought everybody wanted to buy all those cheap coins?

I feel kinda bad for the poor guy who bought my coins.

quickly now there very little time left

lock your coins

WOW!!!!!!!    FUCK!!!!!     SHROOMIE IS A GENIUS!!!!!!   WHO WOULD HAVE THUNK?       

Everything is fine, just fine! You should not be here, but buying cheap coins my friend   Bitcoin will be at $10k at the end of the year, if not more! Trust me on this. I heard facebook is adding them, also amazon, ebay, google, etc. Everyone is crazy about btc. No way to lose! Oh, and Wall Street is coming with trillions. We should see amazing prices soon. Very soon! Dont be one of the weak hands shaken out. Stay strong! You won't regret it my dear pal. You won't.

i wonder if very rich people care all that much about losing money, i mean its not like they have to worry about having enoght money in the bank at the end of everymonth...

when your worth more then 10Mill do you really care if its 19mill or 15mill Net Worth?

Yes.  From my experience one of the most common fears of people with money (they "earned") is losing it, or not having enough.

Enough of the conspiracy theory. If there were more buyers than sellers price would not be at this level.

Damn those charts looks good.   I think they are coming from heartbit.io/app

Ok enough advertisment. This is a nice idea to put the average trade size ! I'll think about where I can put it without polluting the readibility. Thanks for this idea;

Good ideas. Thanks!

Good ideas. Thanks!

Agreed.
Unlike previous years the public doesn't want to invest anymore because they think Bitcoin will go up.
All they see is previous buyers losing money.

What we have here is:
No new buyers.
No amount of good news will make the price go up.
Any slightly bad news will cause a crash.
No increased user adoption.
Lots of people getting out.

This was gonna be the year of Bitcoin. It simply failed.
It won't magically go up again. There is no reason why it would.

Obviously we will go up from here. There was quite some selling going on but the price simply doesn't want to go lower. So up is the way we go!

Smart money accumulates and holds.

I was thinking the same. 

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.

Source?

Why even bother buying? The sellers will take us back to 580 guaranteed. Just a waste of money at this point to buy anything above that price.

And maybe he would not cry for losing his 0.20$ investment.

Just looks like a short squeeze from here. Not much volume from China, and weird time of day to try to pump based on recent history. I don't think we will go much lower, generally, though. Doubting we will retest the 560 area but maybe.

Oh believe me. I'm pretty sure only a very small % of the traders actually make profit. Making this constant dumping even more stupid.

Must suck to be that fool that buys at 690+ every time.

It's so odd. At 688 they don't buy but when someone starts pumping those same people panic buy at 695 only to see the price drop back to 688 after that. And then they panic sell of course.
It's always the same. Why do people still fall for it?

Not able to break 600 is not bullish. Sorry.

Is it time for today's pump and dump? Looks like it.
Make sure to buy at 595 and dump at 588.

No thanks.

And please quit with the weak hands myth.

People can buy 100 dollar worth in Bitcoin now or when it's 10.000. So your point is invalid.
Bitcoin going down simply isn't good. No matter what excuse you guys come up with.

cashed out my last coins... I think this sucker will still crash even more, maybe I will buy back at 300 or less, or whenever it seems right.

Well, he maybe could be set for life if he didn't daytrade his initial 2 BTC to 1 BTC I'm wondering, it ShroomsKit a bull again or still a bear. He seems to become a bull when the price tanked hard or rallyed hard. When it is slowly declining he becomes bear. Interesting. Might write a paper about it....

Whoa what do you mean by that? The price is the measure of how valuable a Bitcoin is, isn't it? I don't seem to be getting what you're trying to say here. Please enlighten us, man

Ahh that makes sense, yeah! I guess you could be right. Is that the reason why you became bullish on bitcoin now? Didn't you use to be a perma-bear? I can see how this makes you reconsider!

cashed out my last coins... I think this sucker will still crash even more, maybe I will buy back at 300 or less, or whenever it seems right.

so I am not allowed to read or post ? I am a trader I cash out and buy back... on a side not, what I am doing is not your fucking business.

It's a trap. Down we go. Smart money is getting out. Are you smart?

I just sold whatever i had left. It's clear, Bitcoin is dead.
It failed. This year was make or brake. It broke. People lost interest. Everyone is getting out.

You have to be delusional to think the price will go up suddenly again.
Face it, this is the 5th or 6th year already. This is the time where it was supposed to happen and it simply failed.

People aren't gonna be suddenly interested again in 2 months again.
It's over. There is one way this will go and it isn't up.

540 will break within 2 hours. After that real panic will start.

Take it as a good sign. You know, historically, when that suicide hotline pops up on Reddit, the reversal is close.... if you're holding bags, just close your eyes. It'll all be over soon.

obvious ...people are not using btc....are holding ...no one new is flocking to bitcoin in the numbers we need vs the folks holding

we could be sitting on this kinda flat/slow fall till next year...

problem with that is consumer mining seems to be drying up as we speak w/o miners as 'cheerleaders' for bitcoin ..as such dries up...just a bunch
of geeks holding coin...that thru FUD and other means press/gov't will make out as fraud ridden...thus less newbies...a world wide 'assasination of
reptutation by the 'vested intrests" world wide.....like China is trying to do with bitcoin etc

this could be long/hard and dismal ..and the more uncertain it becomes and price goes down the less likely them 'institutional investors' will jump in

frigging 'dead cat bounce'

http://deadcatbounce.weebly.com/what-is-a-dead-cat-bounce.html

vs

diffusion of inonvation (acceptance)

http://en.wikipedia.org/wiki/Diffusion_of_innovations


well I'm in it for the long haul..if  BTC goes to $10 so be it.....ride the puppy down in flames....(drank the kool aid don't ya know hard to be us 'pod people')
myself if it stays above $150 usd I'm OK ...below that I'm toast...(pick your own USD oops moment)

Searing

I'll tell you what will happen to Litecoin. I owned shitloads of Litecoins which i sold just before they started moving from 2 to 40 dollars or so. Lost out on a sickening amount of money.
I bought a good bunch back last month and now they don't do shit anymore. Of course i can start buying other alt-coins but they will turn to shit the minute i look at it.

The coin volume has been incredibly low for months - and if miners sell direct to hedge funds, which makes sense, then we are watching the tip of the iceberg.  The waves look big, but most of the coins are not in the market and much of the trade is off market.

Go figure - this is the Wall Observer Thread, but whatever happened to 10,000 BTC walls..?

The money is not in the market, thus small moves can have disproportionate effects.

Real moves will bring it back, but it's not happening right now and has not been for some time.

you will see $540 very soon, get ready for another excuse?

nothing? the fact of market price crashing is nothing for you?
i won't tell you $540 is coming when the price is actually at $540, you do what i suggest now and will save $$$ later
if you haven't listened to me when it was $680 $650 $620 $5xx, then better do it now

game is over, harder drops incoming! if people like fonsie aren't fooling others and sell secretly, then they will lose everything

even so it's still much much much better than bitcoin, bitcoin worths much less at every single second

everyone! most of us can see the end of bitcoin is coming! so we dump all coins before others do so!
the answer to your question is "Ethereum ipo coins"

https://blockchain.info/tx/1f2885265a89c6817867e842edf65c536f993c0aa0100a692700a34c81230051
https://blockchain.info/address/1L1JRVExeKiqBU1pmvoyzCfRzCfEP64pBJ

you should have listened to me, now it's too late, sorry

Sure. And a hour ago 555 were cheap coins.
All those cheap coins and i see nobody buying.

agree, no one is buying

Exactly. And now plz leave. Nothing to be seen here anymore.

Looks like uber-bulls have no more time to cheerlead the bounces, too busy with selling quickly.

last warning, buy now, you have been warned, don't be a fiat bagholder, we will go up in the next 24 hours, if not I'll make a new post indicating it's 48 hours, after 2 weeks I'll perhaps come say 800$ any moment now or 12 hours. I'll see, anyhow I told you so.

agree. bulls are helpless now

i don't have to, the price will make you surrender, you will soon give up all of your hope and sell your coins secretly

Ignorance breeds fear... everywhere I see people screaming... if someone buys a house for 1.6M and converts it instantly to USD using Bitpay... while Dell insta converts... and you nerds auto set sell and scream like headless chickens... wtf do you expect to happen?  thanks for lowering the price... will buy some more now   

look at that thin order book.... 20K BTC in bids against 13 million BTC in circulation, all exchanges combined doesn't make for 100K BTC in bid side.  

In the off chance that you are economic studying Julio Iglesias - your knowledge has indoctrinated you in a world you cannot move past - I know a lot of 'educated' people who fail to see a HUGE paradigm shift.

But I also saw that when I tried to explain to an elderly man that the post office would take a back seat to email and he told me I was speaking 'rubbish'

You can't stop technology - and good luck trying to block the truth - Bitcoin is our only chance to have TRUTH in an otherwise nebulous money society.  

you will think he is smart soon, just like the one sold at $1200 $1000 $900 $800 $700 $600 ..

Hes saying that, in time, you will think the guys who sold at $525 were smart.

Much like those calling out people who sold at $1200, $1000, etc.. who were originally told they fell for bear traps. Look at them now.

agree

talking shit like this will save your money? nope, it won't
sorry for your lost today but you are going to lose more later if you don't cut loose, you have to face it anyhow

talking shit like this will save your money? nope, it won't
sorry for your lost today but you are going to lose more later if you don't cut loose, you have to face it anyhow

then you might be a lucky guy compare to other bag holders, you should have cut loose to gain more $$ anyway
the price is going down for sure as i always told you, it's just going to happen. see you soon at $4xx

no matter how hard bitcoin drops,  they just won't admit their loose BUT when the final capitulation really starts, they would cry and cut loose

deny or having a little escapist fantasy won't bring bitcoin's price back, face the reality and admit you failed
smooth talk helps? not on bitcoin

yep, see you at $4xx

@ fonsie

better cut loose at the top of the next bulltrap 560-580$

Stop denying, Bitcoin is going to 200$

 

I can't even distinguish between fonzie and fonsie anymore.

lol:

Probably because they're off their meds.

I like it when they talk to themselves.

 

should i buy btc now and wait for price to go up?

So I've been away since yesterday... Was there a triggering event to this drop, or no? Some news or rumor maybe?

@JorgeStolfi

You might be interested in this article:

http://www.coindesk.com/bank-canada-research-cryptocurrency-arbitrage-doesnt-exist/

Fonz/s, I need your expert analysis on this: https://bitcointalk.org/index.php?topic=723392.0

@fonsie
You´re sounding desperate lately? Here is some classical philosophical advice which you might find helpful:

Better cut loose™

It's amazing how delusional they are. They talk about the next bubble as if it's guaranteed to come. It simply isn't. We've been going down for 9 months. Now we're simply at the point the smart people understand there simplu won't be another bubble anymore. They're pulling out. We will go down very fast coming few weeks.

It's over. I'm already investing in other and better things.

How are those "cheap coins" at 560 doing for you guys?

we tried to warn them... but what good does it do if our wisdom falls on deaf ears? it's a shame.

sell your house and buy 10k cheap coins would you?

this proves that you are a liar
time to admit the fact and tell us: "i lost $$$ now and i am wrong, i will not fool people to buy coins anymore, i am sorry"

526. Cheap coins people! Is everyone buying?

another lying scammer evidence, acting like a clown won't save your loose

do i care you read it or not? i help many sell in advance to save $$$ and cut loose
what have you done? how many people has been fooled by you so far? what can you do to compensate for their loss or damage, huh?
with all my due respect, you are a scammer

Too many trolls here.

fonsie, are you a paid shill? did some whale pay you to hold the sentiment high in here while he is slowly unloading his bags, shame on you!

Thou shall not scam!

Changing opinion in a speculation thread, oh noes! I´ll bet 5 DOGE that you´re gonna end like Shroomskit if we should hit 300$ again!

where are fonsie & Sevvero & blatchcorn?

Not everyone literally, but I know a lot of people who are buying, including myself. Exactly the same thing that happened this time last year, is happening now, only this time we are all buying more than we did this time last year. It's pretty obvious that demand (at least locally) has been increasing a lot since about 3 weeks ago regardless of what it looks like staring at the charts/exchanges.

Honestly I can't believe how fickle and impatient some of you are. I'm not even close to panic, not a bit afraid, and will not be cashing out due to fear even if BTC price drops to $200 or below. I could write a wall of text explaining why, but not many people would get it, and the ones who would get it, wouldn't need my wall of text because they already get it. Long story short, I've been doing my homework for well over a year. Not a day goes by that I don't. I'm both a miner and a hodler, and when it comes to my friends and family, I'm a teacher as well.

Don't let your emotions play any part in this or you'll soon realize you're just another one of the sheep because your hands are too weak.

Get on my level.

 

how many excuses do you need to make up for the simple fact that bitcoin is going to nowhere but down?
game over guys, bitcoin is going to the final capitulation, sell now to cut loose or lose everything

Final capitulations are the sweetest buying opportunities. You would probably never have heard of me, unless I happened to analyze the fundamentals and charts for month, before buying in at the final capitulation of 2011.

The more ppl speak like you (and the less they speak like me  ) the better, because that much closer to the bottom we are.

But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012.

It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now.

Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a real backup, vainly sought after for 2-3 years.

The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening.

Trolls are market makers, but plain cheerleaders won't see it. We are smart, we are strong, we are legion.

You never know the real motivations behind trolls trolling or what they are doing. It's not like plain fonsie buying 1 bitcoin to be millionaire a week later.

That's one of the main issues.

We reached the bottom. I'm back in. Thanks for playing.

What a jerk!  NOT b/c you traded but b/c you engaged in deceptive tactics...

Exactly.
These people are complete idiots. You'd have to be very ignorant to think Bitcoin will just stop. That it will just go away. So many companies are getting in.
But short term greed makes people just stupid.

It's amazing how delusional they are. They talk about the next bubble as if it's guaranteed to come. It simply isn't. We've been going down for 9 months. Now we're simply at the point the smart people understand there simplu won't be another bubble anymore. They're pulling out. We will go down very fast coming few weeks.

It's over. I'm already investing in other and better things.

How are those "cheap coins" at 560 doing for you guys?

Fucking sheep. These dumpers right now are such idiots.

Shroomie .. doggie bird may have you on ignore.. but he claims to have bought back in yesterday at just under $500.

Those numbers for the Chinese exchanges are not correct. The real volume is way lower. Like many times lower.

bitcoin game over!
do NOT buy bitcoin, bitcoin is going to nowhere but down! buy more lose more! cut loose now!

fonsie and his friends have asked for "cheap" coins since $680, did they buy? nope, they fool you to buy and sell at the other side

mark them as SCAMMERs

Well my standard place to buy coins is sold out.  
People are buying, just not on the exchanges..

And still all i see is idiots dumping.

I clearly do since I've been warning you all for weeks about the impending downtrend and nobody listen!

This is fing wild. What the hell is happening

480!? better cut my losses now b4 they turn to gains.

agreed but i say we go down to $300 after sideways, $480 is the new $680

if you want me to confirm what your sarcasm, then yes it will go to 0, every technology have a life span, we will find out how long is it with Bitcoin.

remember the dead cat bounce from $480 - $520 - crash to $445 at 3 days ago?

Idiot dumpers.

says princess trollmuch herself...


im good

bitcoin is going to nowhere but down, dead cat bounces won't save the price

old stuff first:
51% pool fear (easy came easy gone easy return so it can't be fixed and never be fixed)
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k), yes, they are still slowly cashing out and will continue for a long long time
no new money, everyone is selling / spending
governments warning and banning
scam IPOs many including Ethereum and others
Dell / Expedia / Newegg / House dealer / etc are selling in real time
etc..

some latest news:
BitLicense comment period an additional 45 days, bitcoin will be seriously limited and people will lose interest and leave bitcoin, you will see more shits like this coming out later, please call it "a hidden US ban on bitcoin"
China central bank has a new ban coming soon, under the name of "anti money laundering" because ALL chinese exchangers are using "illegal coupons through 3rd party" to deposit/withdraw, they can't do it legally because ALL chinese banks REFUSED to work with them months ago, it's like central bank saying to exchangers: "You have been warned not engage in any bitcoin business since long time ago but you carried on regardless, so don't blame me if i kick your ass hard time by time"

Never forget that lambo belongs to Fiat :

not gonna happen, there is no bitcoin saver, bitcoin is going to nowhere but down

So please stop quoting him
He is on my ignor list but i ca nsee half of his BS.

the general market think bitcoin is over-price, so bitcoin is going down

the general market think bitcoin is over-price, so bitcoin is going down

guess you haven't read all my posts, i have point out too many problems bitcoin has right now,
you think i am always right because i have blind lucks? well, you are wrong and i am going to be right even more

i hope you get your cheap coins @ 450 or 430 or 390...problem from down there there is no rush recovery...only enthusiats are still buying...
if people would really believe that gabi has an incredible impact the price would be much higher, or do you think they want to buy AFTER gabi puts in their 200mil?

When did it actually become public that they're starting or when did they reveal their plans? I mean, since when do you guys believe this is being priced in by people? Any guesses or approximations, people?

Don't get confused about the difference between price and value.

Value hasn't changed in the last 24 hours.  Price has.

Markets can be irrational for long periods of time...what is the saying?  Markets can be irrational longer than you can remain solvent.  It is possible I'm just completely wrong.  It's possible that events will take place that I can't envision right now.  But my firm belief is that the market is handing me inexpensive coins right now, this morning, compared to what I perceive as the long-term value.

I'm buying.  If the price keeps dropping, I'll buy more.  Personally, I'm loving it.

(Always leave powder dry.  Never trade more than you can afford to lose.  If you need the money tomorrow, don't put it in BTC today.)

I doubt GABI will matter that much from that perspective. If/When they start buying in mid Sept/ October on exchanges and not directly from miners it will not likely make headlines. Yes we may see improvements in volume and price, but in terms of main stream adoption the average Joe is not very likely going to be aware of it even happening, unless the unlikely happens and it is a catalyst for a bubble and it's picked up by mainstream media citing "The return of Bitcoin" but even then I doubt we are going to see people jumping on board like October/ November last year: A./ Because $500 is still a lot for the average "non investor" to gamble on something and B./ Gox, which did make mainstream news has killed a lot of trust in Bitcoin.

I am not writing Bitcoin off at all, I believe in it and as of the end of September will be running a 50TH/s mine (30 as of this week) so do have an invested interest, but I don't think GABI or money from UAE are going to make that much difference in terms of the adoption that Bitcoin actually needs to succeed.

You remember when GOX announced they would add LTC? The market (ltc) went on a tear trying to price in the future price for such an event. So yeah, thats how a sound rational market acts (they certainly might overshoot). If traders expect the value to increase immensely then price goes up, right? The reason the market has not really reacted to the GABI news is that it makes no sense to announce that they will buy for hundreds of millions BEFORE they actually do it. Why would they want to buy btc at an inflated level? So there you go. Market has considered this and judged it as unlikely. Thus the price doesn't care.

So let's call out everyone that said they were buying if we dipped to $480. 

silly wanker

When we are at 400 those coins are expensive and you're gonna want your buy orders at 359 to be filled. Just like the rest who all want cheap coins till eternity. And guess what. At 350 there are cheap coins at 310.

How much longer will people like you be cheering and hoping for the Bitcoin market to become worthless? When is it enough for you? One day the buyers will stop buying and your cheap coins will be worthless.

For anyone that has not seen the video posted by Jorge, of Jorge playing with his balls please view here
http://youtu.be/rFEGFEGMDBc

 

Only professional trolls get paid. Fallling, fonsie or other low quality trollls are not one of them. I'm using rebuilder's method and I can read this thread easily.

some nonsense scammers text

ok, this starts to look like some insider dumping going on.

etf not approved? btc to 100?

asks on stamp looking scary.

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

some stupid text written by a scammer

not to bull scammers like fonsie and others, they are still trying to fool people to buy, lets stop their cheating plan

Time will tell, who is the scammer... my gut says it's going to be you. Oh and for the record, I never said that people should buy now, they should decide that for themselves, only you are screaming to people that they should "cut loose".

Could you please answer the following question, instead of ignoring like the previous times.

If bitcoin is going nowhere but down, because insiders are selling, what are you trying to achieve by spending all of your time here? Say it once, come back when it hits 0$... No?? In the meantime you could have taken some English lessons.

Thank you.  So you agree that paying with bitcoin is attractive only to people who already believe in bitcoin and own a sizable pile of bitcoin; and increased "bitcoin adoption" by merchants only gives those bitcoin holders more incentive to sell their bitcoins.

Fee usually include a % of the amount involved, so you don't save that part by doing bulk transactions.

"Hey, I see that Dell now allows payment by Mongolian Virtual Vouchers!  Cool! I think I will buy some 10'000$ worth of Mongolian Virtual Vouchers and wait for an interesting offer to come up, just to learn how they work."

we need a quick drop to crash bulls mind

correct, bitcoin is going to nowhere but down! lower and lower! do NOT buy in any dead cat bounces or you will lose everything!

https://www.youtube.com/watch?v=Es4c-2riidc

just for a lol.

Which way have we been trending?  

The cheap coins argument. I'm so tired of it.
How many more years will peoole be cheering that we're going down? Every drop since 1200 has been totally fucking awesome because "cheap coins".
We dropped to 900! Awesome! I'm buying all these cheap coins! 700! Perfect! I'm buying! 500 woooow cheap coins! I'm buying. 450! I can wait for 300's buying them cheap coins! 250 this couldn't be any better. Buying here! 100 fuck i'm buying. 1 cheeeaaap coins i'm buying! Bitcoin dead but fuck that i'm sitting on all these cheap coins!

This is what frustrates me about the constant touting of bitcoin as a "store of value." Ask anyone who bought in during 2014 how that's working out for them.

Is that what a "store of value" is? Buy today, lose more than 1/2 the value in several months, and then hope we have a bubble that goes 10x my initial buy-in a few years later? Is that a "store of value"?

Ah so that's what it is. Good. Then this will be over soon. Just some weak hands leaving. I almost thought we were in a 9 month downtrend.

I forgot to ignore you!!!

Crying in a corner. Always happens with Bear trolls on here, they call for drops and then when it does happen, more then they expected they begin to panic, posting questions about "When it will all end??"

Noobs!

If you've been into Bitcoin for more than 18 months, this kind of thing should be water off a ducks back. I run a mining operation and I'm not panicking, it's business as usual. Yeah I am a bit annoyed that when I have to settle up my electricity for the month it's going to be a few more Bitcoin than I originally thought, but I know we aren't going to be this low forever.

And in a few days it will feel expensive and you can't wait to buy those $320 coins. A real steal!

But whatever you do don't follow my investment advise because in the end i know nothing more than anybody else here.

You can actually trade stocks with BTC anywhere or you just made $400?

We cannot know the future. But we know the past and we can see the present.

What is the past? A couple of dips and strong rebounds over a period of several months. Price gets higher every time.

What is the present? VC money coming in. Merchant adoption. More positve press coverage. Lots of ATMs and increasingly so. Effort to list ETF on Wall Street.

What is the future? I don't know. But I can infer by knowing the past and seeing the present.

So nothing could take us up anymore. Only if a company like Paypal or Amazon would start accepting Paypal things would change. This is what i kept reading the last 6 months.

So Paypal accepts Bitcoin, we go up a little bit, just like everybody was hoping for and then you traders absolutely started dumping the shit out of the market.
Finally new people were motivated to buy again and you dumped straight in their face so you could take your 150 bucks profit.
Well done!
You stopped the only possible uptrend we could hope for at this point.
Really, well done idiots!

Please stop making posts wondering why the price won't go up.

Like how 12 year olds would talk about economics. Just so black and white. Nothing inbetween.

<350   - 91 (59.1%)
>350   - 63 (40.9%)


until we see such statistics , so many bulls 41% the price will keep going down

perhaps if only 10-20% bulls left the price will start rising again

Let's be honest with ourselves here: We will see double digit prices this year, whether we like it or not. We might see single digit prices as well. Let's start coming to terms with that fact.

You will if we drop to 0,9c per 1 btc

hehhe ok let it go down to $100 and You buy some ok ?

"Must be so awesome to be able to look into the future."

Says the guy who claims he knows it all? and constantly "tells the future"

give me a break

(edit- I don't mind people speculating on the future, it is just the constant "you guys are idiots it has done this for x months, it wil always continue to do x, really shrooms, you have no right to give other people shit on here for what they say, you and a few others just repeat the same thing over and over and over too.. really.. )

It is not personal and I am not trying to convey 'intelligence'.  I am a professor of computer science, I lectured occasionally on Computers&Society.  I started looking into bitcoin because it was computer thing, and it is my job to be at least interested in computer things.  If that 'academic' bothers you, well, sorry.

And those who can't do either scan internet forums looking for some miraculous way to get rich without working.

Haven't heard that before in the last 3 months.

God, it's like 'listening' to a couple of eight year olds.

Did you learn a new word at school today, dear.  Bless.

Here's some new ones for tomorrow.

Ignore (v.t.)
Ignoramus (n)
Ignorant (adj)

SO, down to 307 on Stamp and the US waking up, bleary eyed on a Sunday morning.

This is going to be a bloodbath.

Who is waiting? And what next big rally?

I'm buying back in.
Thanks for all the cheap coins you tools!

We've reached the bottom. Up we go again.

There is a big possibility that he is verified only at Bitstamp (in instance I am verified only at stamp), the other possibility is him selling for the available 5KBTC and watching if anyone is prepared to buy his stash which eventually failed, and I think he did remove that Bid wall to not cause more panic.... after all, I think he still interested in selling even more, we will see how things develop when more bids build up.

WhatsApp deal closed for 21 billion dollars. Billion with a B!

Bitcoin total market cap 4.5 billion, after more than 5 years...

Still believe it's the next Internet, combustible engine, bigger than discovery of fire?? Time to wake up from dream!

Shroom --> Doom

You sorry creature.

For months all the idiots here were praying for cheap coins. Every crash was amazing news. Best thing ever.
They expected that as soon as they bought a few "cheap coins" the price would move to 1k again.

Now they found out those days are over and the price isn't going anywhere but down.
People are getting out. There are no big players waiting to get in. There is no Wallstreet. There is no secret accumulation. It all turned out complete bs.

Bitcoin is dying. The party is over. The only thing it's good for are daily pump and dumps.

Nobody in real life is interested in Bitcoin. Apple pay did in a short time what Bitcoin couldn't achieve in years.
Unless you want to send money overseas and often there is no reason to use Bitcoin.
Average Joe doesn't give a shit about fees or decentralization and all the other Bitcoin selling points.

It's over.

"We need to test the lows and after that we will go up".

Where have i heard that before. Oh right, here, the last 10 months.

You won't be buying at 250 because at 250 those coins will be expensive and you'd rather wait till 180.

I see that a lot of people are upset with me that i got out in time.
Please don't be. I'm here to help you.

If you really got out than why don't you spend your time with something else.
If you spend most of your time here that means you haven't got really out.

I put half my money in silver. It has a brighter future than Bitcoin.

yeah,  I sold two times in this month to your future millionaires and now i have 29 more BTC than last month , how could it be?

is this good for your future millionaires or bad?

your post makes sense

Most of them stopped doing this already. For months they were begging for the price to go down because cheap coins. Once they got their cheap coins they found out the price wouldn't magically go up again. Their cheap coins turned into expensive coins.

I've explained it month after month to these idiots that the days of cheap coins are over and going down again would hurt Bitcoin a lot. But i was ignored. The crazy obessesion with cheap coins was all that counted. Every price drop was amazing news. 700 cheap coins!! Nom nom nom 600 omg cheap coins!!! 500 woah! Cheap coins.

But slowly the cheering stopped. Those cheap coins at 500 turned out quite expensive.
And in total confusion they noticed the price wouldn't go up again after they got their cheap coins.

Anyway, they will never learn. Lets say we get 1 more chance and the price goes up to 1000 it will start all over again.

Soon those idiots will come and dump to take their 50$ profit. Fuckin traders.


Edit: Oh, wrong account.

This is probably the dumbest thing i'm gonna read all day.

I think this needs to be quoted again. Let's not feed the troll.

Remember: it's only a profit if you lock it in by selling.

Tiem to grow up, Fonsie

Oh boy, looks like some people are still in denial.

You must be new here, I saw allot of people leaving the board after being skeptic about Bitcoin or because of getting burnt or frustrated or simply losing interest... I saw few turning millionaires and many others losing all their investments due to volatility, heist, scams, theft, or closing services... and let me tell you something, Bitcoin ecosystem is full of this shit. 

If bears and dumpers break $275 level, real shitstorm will hit the fan. Whales won't be buying unless it is a bargain price if that happens.
I don't know if we will reach that point or not, just saying.

You mentioned only a few posts back you were leaving, yet here you remain..what happened?

>Not knowing God himself.

Peasant.

Put the Kool-Aid away.

you mean this post ?



I remembered that I still have a shitload of not used ammo, so I will be here till I use all the " in your face" and " I told you so" ammo... then I will see if it is worth it to not debunk the theories of the delusional perma troll bulls.

>>>/r/bitcoin

 

sure, they will look dumb as fuck for buying for 100 $ or less.

I'm sure they already look dumb as fuck. Isn't it

That was uncalled for

But what about those bulls telling us it's going up?  

Yeah, will also buy when it hits 80 

80 $ seems reasonable.

Its been $80 before.
price =/= life

What's funny is, I was originally going to respond to his question with the exact same thing, except I would have been joking.


If bears stick around, it's because they think bitcoin is worthwhile. It's just that some of us don't think it will be a failure if it's not worth 8 billion per coin (or whatever ridiculous number you permabulls have in your head), or even $1000 per coin.

Well, I guess it would be a "failure" if your only goal was to get filthy rich off of minimal investment, but come on, it's not about that, right? It's about sticking it to the man and overthrowing the banks with a "disruptive" technology. No way the goals of most involved in bitcoins is just to get more "dirty dirty fiat," right?

>trades on exchanges


Most of my friends don't even know about Bitcoin.  And thanks to this shit, I'm not telling them because embarrassed.


Forget the world.  No one in my own neighborhood takes Bitcoin.


Gold is even more archaic/anachronistic than Bitcoin.

To be fair, nobody was sold on the whole get poor scheme, either. Look at the year, man!

fonzie isnt fonsie, though? 

If you go back through my post history, you will discover that while I got into Bitcoin early, I attribute that to nothing but luck and boredom.  I started getting out of Bitcoin right around this time last year, after realizing that I was no longer able to read the market.

Stop advertising your shitty site.

Or, at least, get 'em right:  "Floats your boat" and "don't rock the boat."
Protip from one pesky foreigner to another.

Lrn 2 reduct right