I told you all bitcoin had no underlying value, but did you listen? Of course not. A fool and his money.

Invest in low cost index funds. It's not pretty, but this slow growth is the key to wealth. Do you think I was born a billionaire? No. You need to loose money before you know how to make money. Hopefully you learned your lessons good and will make wise decision from now on.

Warren Buffert is not an Englishman, so I do not use "learnt". I also don't use colour or wear braces instead of suspenders. 

What a looser...

I wear gold plated suspenders. The rich get richer and the fools keep loosing. Thanks for the money bulltards!

If you buy bitcoin at this price, you should give up because your family and friends will think you're a stupid. Give up bitcoin game, invest in real assets with underlying values.

no one with college degree invest in bitcoin for following reason:

• major hacking again! (first mt gox, now bitstamp, not to mention many other)
• 51% attack vulnerabiliy still not fixed
• still much easy to use credit card or paypal instead
• price falling for over a year, and now lower than previous all time high from April 2013. wow.

if you don't sell now, you're a stupid and will regret so much

yes. doge coin also fail, much faster than the bitcoin, but basically if you watching doge, you can see future of bitcoin. this is a warning for holders so make the right choice.

People only searching bitcoin on google because their friend or cousin or nephew told them at christmas party, and now they hearing all bad news. at next party, they going to be real shame of family. best to give up bitcoin before you loose all respect from your friends and families.

There is no way Bitstamp is able to covering loose of $5 million dollar! If VC funding as you say, then no VC going to burn money into such a hopeless business!

Please do the needful... don't be a stupid. withdrawal your asset from bitcoin exchange as soon as is possible!

So many people losing money who invested in 2014 and 2013. Many many people underwater. Don't be a stupid... do the needful and don't buy any more!

If you thinking "these cheap coinz" then you may have a gambling addiction and you need helps.

Bitstamp to reopen "soonish". Hang in their guys! They're currently working with their lawyers in San Francisco to figure out how best to deflect the blame!

Perhaps I am lambchop, perhaps I am reptelia, or perhaps I am your mailman or trusted friend. I could attack any time when you least suspecting it to spread information about the true nature of bitcoin and the twisted game early adopter play to bilk greater fool investors out of their moneys!

You need to understand, people who invest in coffee beans are a little more sensible and don't expect to get rich in a fortnight and don't call their new coffee recipe "revolutionary" new technology, all while it plummets in value. That's what makes bitcoiners so much fun to watch!

You have no proof that I have money on any bitcoin exchange. I, Lambchop, am one of a kind and do not hold any alts.

edit: I mean, I, Warren Buffert

All the rational people already sold long ago when they realized bitcoin is on a downward spiral. No need to convince anyone anymore. The only people left are the cultists who are emotionally invested and won't listen to any good advice.

I doubt it. Maybe you just need to use the toilet?

Time for the bulltards to get slaughtered again. They never learn.

When will you bulls figure it out? Bears win, and bulls lose. Always.

Bitstmap is back up, so we can all trust our money with them again. Because, bitcoin is the most safetest form of money ever.

Nobody panic. Just keep telling yourselves that you're "early adopters" and not bag holders.

Reaction of every bulltard as they watch the market crash:

Fortunately, there were no casualties... not even the pride of the permabulls was lost (because they already lost it a long time ago).

Yes, most likely. Best case scenario is that it stagnates around $280 before continuing down again. There is still no positive momentum for consumer adoption, and too many scams and fraud that are keeping people far, far away.

Free advice for the bulltards: Admit defeat and sell your holdings. You will sleep much easier once you relieve yourself of the torture of riding a speculative bubble down, and you can at least take a lesson from this to invest in real, profit bearing assets in the future and not "get rich quick" magic beans.

But.. but... the bulltards told me that we would be at $10,000 per coin by now!

Greater fools, where are you??

Litecoin been taking a whoopin today... I think others have finally caught on, but litecoin and the alt market in general is a harbinger to the direction of bitcoin itself, because they're smaller and we see the effects quicker. This bear market is far from over, folks. We're going nowhere but down. Cut your loose.

haha you're right, I'm starting to notice that too. I've never seen a "revolutionary" technology plummet 80% in value (and counting) in it's 6th year of existence, but I suppose a bulltard can rationalize that in his head somehow. Denial is a powerful drug.

How does it feel to be a bitcoin bag holder? Must be tough to accept that everything the "trolls" have said for the last year turned out to be true. You were warned since $680... should have listened!

At least their money is completely safe in those offline wallets, away from the evil banks! (whatever's left of it, anyway)

I told you bitcoin was a mirage. Sell whatever you have left, get out, and don't look back. It will be a huge weight off your shoulders.

It's been a day since I checked the price.. it really tanked, didn't it!? What happened to all the bulltards? Have they finally figured out that the public doesn't have interest in scamcoin? Meanwhile, 3,600 new coins every day. You really need to have brain damage or some severe gambling problem if you think bitcoin is a good investment in 2015.

I don't think I've ever seen the bitcoin market this anemic. Basically the only people still holding are putting their faith in some kind of magical turn around, based on nothing but blind self reassurance that the price *needs* to rally again because...

math, fundamentals, internet, man in suit on message board told me.

It's the worst form of degenerate gambling. Lots of stupids... why not just go to casino and bet on roulette wheel? That would give much better chance!

I'm still waiting for one of you perma-bulls to tell me why you expect people to buy bitcoin for anything other than gambling speculating. The fact that I still haven't met a single person in my life who told me they've bought bitcoins to go shopping (or even have interest) is proof enough.

People don't want them because there's a barrier to entry to buy them, and even once they have them, they need to be secured, which is burdensome and technically intimidating for anyone who doesn't already have a keen interest in security. Then, even if they want to spend them, they're faced with a wild west ecosystem of no consumer protection. No chargebacks, orders expire in 10 minutes, no points or any other "membership" rewards, customer service nightmares... you have to be smoking something if you think people are interested in that?

There's several other very sound arguments as to why bitcoin is incapable of operating as a currency, but until perma-bulls can even explain why ordinary people would buy bitcoins for any practical reason... the burden is on their side! Check mate, you lose.

Hey look, more cheap coinz!

Banning people you don't agree with doesn't sound very Christ like to me...

I don't think it will happen that fast. There are still too many gullible people with a financial stake in bitcoin who want to believe this is just like 2011 all over again. At some point they need to stop the bleeding I would think. Maybe $200 will hold for now?

Of course, it will just continue down, but it may take a few more weeks or months to lose their remaining hope.

Told you all bitcoin was a mirage.

Bitstamp was hacked last week and lost 19,000 bitcoins. That doesn't count as an attack?

I thought a major appeal of bitcoin was that it was free from government control. So how is that a good thing?

Microsoft, Dell, and Expedia are not accepting bitcoins. They are accepting USD through a third party payment processor. Only after bitcoiners begged them to accept their coins did they relent. And it's because it didn't cost much to integrate and they know that there will only be a a tiny trickle of people using the option.

This is actually bad for bitcoin, because it essentially demonstrates that real businesses are not willing to accept bitcoins unless they're dumped immediately for cash. Bitcoin is far too volatile and prone to theft to be viable as a real currency.

bulls run out of energy already? worst rally ever... RIP bitcoin.

Hope you stupids are taking the opportunity to sell your bitcoin bags on this dead cat bounce. We'll be heading back to the final capitulation soon.

it's almost time for daily dump. my associates at the anti-bitcoin consortium are getting ready to offload a few thousand coins on all major exchanges. we're making final preparations now

are you stupids ready to lose more moneys?

soon. you will know when all money is gone. better give up hope and sell now before too late.

phase one of dump has commenced on bitstmap. going well and planning phase two next. it bigger. better sell before too late.

phase two of dump has been initiated. last warning to sell now and cut your loose before it's too late.

phase three is now underway. if you did not sell during phase 1 or phase 2 as i warned you, then this is final chance to cut your loose. give up false hope of any false recovery! <$200 soon!

We are pleased to announce ladies and gentleman our anti-bitcoin consortium successfully dumped over 1,000 coins on bitstamp and successful bring price down again. you were warned!

Even after an 85% off sale from the November 2013 high, nobody wants bitcoin. Don't buy in to any false recoveries! Bitcoin is on its way to the ash bin of alternative currencies.

The consortium was successful in the dumping the price down to $190 on stamp yesterday, and now we need to take more out from our vast holdings that currently in cold storage. Once the consortium members are ready market conditions are right, dumping continue. I'm thinking the bulltards will be shocked to see how low price falls! Look for updates next week.

I thought we were supposed to be at $300,000 by now on your long term trend line?

Bitcoin desperately pumped over the weekend, and yet still only 25% of it's value from 14 months ago. To the moon!

Idiot bulltards never learn. I told you already don't buy into false recoveries.

Told you not to buy into any false recoveries. How many times do you bulltards need to be told before you'll learn?

Is it the time to drop it down again yet? I have the anti-bitcoin consortium online, we waiting for the word. We will soon learn you bulltards a lesson.. you will not soon forget.

Do not buy in to any false recoveries. Bitcoin is going nowhere but down. Don't be a stupid!

Warren Buffet -- the guy who all the bitcoiners claimed was too old and conservative to understand the potential of bitcoin -- is still enjoying his billions of dollars and auctioning off one of his luxury cars for charity this week, just because he can.

Meanwhile, bitcoiners are hoping that they can buy more than a matchbox car with the investment they made in this "revolutionary new technology". It must have really burned when their dreams of becoming rich got shattered and they realize they bought into the hype of digital funbux.

Well you're right about that, he is going to die eventually. I guess neither cold hard cash or digital fun bux can ultimately save any of us from that fate.

Another day, and the price continues to fall as delusional bulls gradually come to their senses.

Pay no attention to the man behind the curtain. Bitcoin is doing just fine.

All right, back to bitcoin. So how are those bitcoin bags. Must be getting heavy.

Still no moon? OK, so bitcoin is a failure. I guess most people don't want to be their own banks. And from watching these forums and reddit for the past year, I can see why!

Kind of the same way that 99.9% of people would rather not be their own airline pilot or their own heart surgeon...

Wasn't bitcoin supposed to be worth $1 mirrion dollars per coin by now according to Rpitelia and Stephen Reed?

Hey everyone, how's that bitcoin investment going? (Just HODL, right? And don't look back!)

Honestly, it doesn't seem to be going too well.

I told you all since the start of 2014 that bitcoin was over. Nobody is interested in it anymore as an investment.. that means GAME OVER for all of you trying to make it rich. Sorry, but it just isn't going to happen. Here's why:

1. China is out. Their govt cracked down on it, which was a wake up call for investors around the world that bitcoin CAN be controlled by governments, and rather easily, at that.

2. There are no developers! There is a very small team of men working on the bitcoin project part time. And they hardly receive anything for their troubles. There's no accountability behind any of it and nobody to turn to when there are software issues and bugs uncovered. And this isn't just a new version of Windows which could have a bug like a sound driver issue. If something goes wrong, ALL YOUR MONEY COULD BE LOST. Nobody aside from maniacs is willing to take on those risks.

3. There is simply no momentum anymore. From 2009 until 2013, some interesting things were happening. Bitcoin went from nothing essentially, to something that was being talked about on the news, and even a few stores were willing to accept it. More stores followed, but very few actually accept bitcoins. They actually take them and instantly convert to cash, so it's a gimmick more than anything. Now many of these stores aren't accepting at all anymore, because nobody uses it!

I can't believe today will end in the green..

I like this analogy. 

Tell that to those big btc pools.

 

But the bulls are always around the corner and when they see red...