whatyoudoingmaan
Newbie
- Dec 30, 2014
- 8
- 1
$281 per BTC ? Really ? Unbelievable
What the hell is wrong with Bitcoin
- Thread starter whatyoudoingmaan
- Start date
Mercury_Hg
Registered Member
- Aug 23, 2010
- 88
- 19
If I remember right I sold LTC NXT and DOGE Jan 2014. Bought myself a car, good times. Too bad the market imploded shortly after.
ShadyContent
Registered Member
- Sep 21, 2014
- 83
- 10
at least bitcoin is still even an option
whatyoudoingmaan
Newbie
- Dec 30, 2014
- 8
- 1
Too bad for me . Yes
whynotmakeit
Power Member
- Feb 26, 2012
- 613
- 325
....but you forget what it started at..........
Freeopkiller
Junior Member
- Dec 30, 2009
- 135
- 57
It just a level of consumer distrust currently. Security Breaches, Missing Coins, Mining computing power being less distributed. If Bitcoin was a physical bank, would you do business and trust your assets with them ? They are having lot's of problems. I hope they bounce back, I have a lot of faith in the future of cryptocurrencies. If they bounce back and some type of anonymous exchange is created to hide owners from transactions I think they would soar. But until then, I don't know. I'm just glad I got out when the get'n was good..
Most recent almost 19,000 bitcoins got stolen again:
http://www.blackhatworld.com/blackhat-seo/blackhat-lounge/730193-18-864-coins-stolen-bitstamp.html
You were invested and got out when the price was high - which is cool - and something a lot of people did. Think they'll come back buying in as long as its so volatile? Nope. No fresh money -> price will fall.
- Mar 3, 2010
- 405
- 45
The price is going back up gradually. I personally love BTC and hope it's just temporary issues.
howard_hughes
Elite Member
- Jul 23, 2009
- 5,066
- 3,738
$210.7 now -- Its buying time.
Deez The Webguru
Regular Member
- Sep 13, 2010
- 205
- 89
I really wish I paid more attention to the whole crypto currency thing. I've got a few bitcoin wallets but man what a mission. I don't even know how to log into them anymore....lol. I did see though that the are are new bitcoin ATM that starting to pop up in the US when I visited there in November last year.....I saw one on Vegas...perhaps if these bit coin ATMS became more accessible and prevalent around the world then it would help the currency gain momentum again and start soaring
b1step-ahead
Elite Member
- Nov 15, 2010
- 1,731
- 1,035
I see more merchants taking bitcoin. I know there are a few atm's that spit out cash from bitcoin accounts. We're in a major deflation economy right now, so nothing is taking off.
Capo Dei Capi
BANNED
- Oct 23, 2014
- 752
- 7,253
Bitcoin was overvalued and overhyped, there wasn't enough merchants and still isn't to support a high price.
ninjacookies
Newbie
- Jan 10, 2015
- 45
- 15
It's a pump and dump, guys. Just like every other shitty altcoin ever created that followed. Look at the long term graphs. All the same.
It will never recover back to that 1xxx dollar level. Why? Because that was pure manipulation by mt. gox and chinese bots. The euphoria stage is over. Nobody outside of day traders really care about it anymore in the real world.
The only ones hyping it up now are the bagholders hoping for a way out.
It will never recover back to that 1xxx dollar level. Why? Because that was pure manipulation by mt. gox and chinese bots. The euphoria stage is over. Nobody outside of day traders really care about it anymore in the real world.
The only ones hyping it up now are the bagholders hoping for a way out.
Capo Dei Capi
BANNED
- Oct 23, 2014
- 752
- 7,253
It could go to 1,xxx level again, but its going to take years since the amount of merchants needs to get up to the few million range.