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BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!

 
Anonymous Coward
User ID: 49083861
United States
12/07/2013 04:17 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Of course the bitcoin price will consolidate after a large run-up (as would any other stock or investment). This pattern has occurred many times already if you follow the bitcoin charts long term. Overall trajectory is still great and $10,000+ per btc should be easily reached in 1-2 years.

Bitcoin Could Be Worth 10-100x Current Price
[link to www.streetinsider.com]
Theguywhofearsnomore
User ID: 50810475
United States
12/07/2013 04:18 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
People need to let go of the idea of getting rich quickly if this world is to have any hope.

You shouldn't be able to make profit by trading made up numbers on a fucking computer, that is what wallstreet is and why the world is fucked.

Currency should be a physical object that has a limited quantity which grows proportionally to population, pretty fucking simple.

We need to go back to tangible value, not move forward into the art of illusion. Hard work should pay off, not working the system. The system should not reward people for doing nothing in real life.


I hope some of you get my point...


Peace, Love, and Harmony
Cody
Anonymous Coward
User ID: 165301
Canada
12/07/2013 04:19 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Of course the bitcoin price will consolidate after a large run-up (as would any other stock or investment). This pattern has occurred many times already if you follow the bitcoin charts long term. Overall trajectory is still great and $10,000+ per btc should be easily reached in 1-2 years.

Bitcoin Could Be Worth 10-100x Current Price
[link to www.streetinsider.com]
 Quoting: Anonymous Coward 49083861


bad link man
Anonymous Coward
User ID: 45587702
United States
12/07/2013 04:42 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
[link to hackaday.com]

Could be related? I read this earlier today then found this thread just now. Dots connected in my brain and thought I should share.
peace
Anonymous Coward
User ID: 20236500
United States
12/07/2013 04:48 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Correct me if its wrong, but it's at 638/BTC right now, right? So tempting...
Anonymous Coward
User ID: 428255
Bulgaria
12/07/2013 04:50 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
You have to download the wallet from bit coin.com

Then you have to let the wallet sync which will take about a day or two
 Quoting: Anonymous Coward 40026692


Yep it was doomed to fail from the beginning and anyone with half a brain knew it
Anonymous Coward
User ID: 48694637
Netherlands
12/07/2013 04:58 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
It's on purpose....TPTB are causing this.Otherwise the monetary system should crash and they know.It's all in our minds.....Manipulated.
Anonymous Coward
User ID: 51181474
United States
12/07/2013 05:08 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
PLEASE call it what it really is "BIT CON"
Anonymous Coward
User ID: 51181474
United States
12/07/2013 05:10 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Correct me if its wrong, but it's at 638/BTC right now, right? So tempting...
 Quoting: Anonymous Coward 20236500


W.C. Feilds once said "theres a sucker born everyday" You must be one of them...Its BIT"CON"...MORON!!!!!!!!!
Anonymous Coward
User ID: 51181474
United States
12/07/2013 05:11 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
It's on purpose....TPTB are causing this.Otherwise the monetary system should crash and they know.It's all in our minds.....Manipulated.
 Quoting: Anonymous Coward 48694637


Crap guy...its all an illussion!!!!!!!!!!!!!!!
Anonymous Coward
User ID: 48694637
Netherlands
12/07/2013 05:14 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
It's on purpose....TPTB are causing this.Otherwise the monetary system should crash and they know.It's all in our minds.....Manipulated.
 Quoting: Anonymous Coward 48694637


Crap guy...its all an illussion!!!!!!!!!!!!!!!
 Quoting: Anonymous Coward 51181474


And that's what it is.Or should I say was????
Anonymous Coward
User ID: 51187845
Czechia
12/07/2013 05:19 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Currency should be a physical object that has a limited quantity which grows proportionally to population, pretty fucking simple.

....

I hope some of you get my point...
 Quoting: Theguywhofearsnomore 50810475


Bitcoin is actually meeting those. Although abstract it's physical (bits take space). It's also a limited number once mined it's stable.

So yeah it meets your criteria.
Anonymous Coward
User ID: 22924475
United States
12/07/2013 05:20 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
It\'s on purpose....TPTB are causing this.Otherwise the monetary system should crash and they know.It\'s all in our minds.....Manipulated.
 Quoting: Anonymous Coward 48694637


so what´s all the hype about bitcoin being any different huh
Anonymous Coward
User ID: 51173893
United States
12/07/2013 05:23 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
When they print the 2014 webster's dictionary, a bitcoin picture will be next to the word volatile.5a
Anonymous Coward
User ID: 47142807
United States
12/07/2013 05:25 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
There was a thread last week about how high bitcoin is, and how its going to be the new world reserve currency eventually. I said bitcoin is a joke and I'd be surprised if it had any value at all in a few years, and that it would crash. People mocked me. Hope all you fags just lost all your money.
Anonymous Coward
User ID: 51181474
United States
12/07/2013 05:26 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Currency should be a physical object that has a limited quantity which grows proportionally to population, pretty fucking simple.

....

I hope some of you get my point...
 Quoting: Theguywhofearsnomore 50810475


Bitcoin is actually meeting those. Although abstract it's physical (bits take space). It's also a limited number once mined it's stable.

So yeah it meets your criteria.
 Quoting: Anonymous Coward 51187845


Sorry, if I cant hold it in my hand, no electricity involved...forget it...not physical!!!!!
Anonymous Coward
User ID: 47142807
United States
12/07/2013 05:27 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Keep in mind that if the major players don't own it, they won't think twice about making it crash, and I can tell you that the major players don't fucking own bitcoin LOL
Anonymous Coward
User ID: 51181474
United States
12/07/2013 05:27 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
There was a thread last week about how high bitcoin is, and how its going to be the new world reserve currency eventually. I said bitcoin is a joke and I'd be surprised if it had any value at all in a few years, and that it would crash. People mocked me. Hope all you fags just lost all your money.
 Quoting: Anonymous Coward 47142807


Cause "IT'S A TRAP" Say it like you have a fish head...
Anonymous Coward
User ID: 36226787
United Kingdom
12/07/2013 05:28 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
People need to let go of the idea of getting rich quickly if this world is to have any hope.

You shouldn't be able to make profit by trading made up numbers on a fucking computer, that is what wallstreet is and why the world is fucked.

Currency should be a physical object that has a limited quantity which grows proportionally to population, pretty fucking simple.

We need to go back to tangible value, not move forward into the art of illusion. Hard work should pay off, not working the system. The system should not reward people for doing nothing in real life.


I hope some of you get my point...


Peace, Love, and Harmony
Cody
 Quoting: Theguywhofearsnomore 50810475


Yea , you right , Unfurtunatly in real life we pay almost all with credit card or debit cards , so it is already all bytes , so why not taking away the control of all this power from the bank ? Why don't use a currency that is not controlled by the usual 5?
So to me BITCOINS is still a good idea, after what the banks did to all of us , if there is a peaceful way to stop to deal with them I am glad to use it.
Anonymous Coward
User ID: 49760580
Sweden
12/07/2013 05:31 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
There was a thread last week about how high bitcoin is, and how its going to be the new world reserve currency eventually. I said bitcoin is a joke and I'd be surprised if it had any value at all in a few years, and that it would crash. People mocked me. Hope all you fags just lost all your money.
 Quoting: Anonymous Coward 47142807


butthurt9


while some of us makes a couple of $1000 yet again..
Theguywhofearsnomore
User ID: 50810475
United States
12/07/2013 05:34 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Currency should be a physical object that has a limited quantity which grows proportionally to population, pretty fucking simple.

....

I hope some of you get my point...
 Quoting: Theguywhofearsnomore 50810475


Bitcoin is actually meeting those. Although abstract it's physical (bits take space). It's also a limited number once mined it's stable.

So yeah it meets your criteria.
 Quoting: Anonymous Coward 51187845


Electricity is a big factor... Also the power grid is far less impervious than many would like to think.

If the sun has a bad day, we have a bad decade, minimum.
Anonymous Coward
User ID: 49083861
United States
12/07/2013 05:56 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Its simple math - There are only 21 Million bitcoins ever allowed to exist and Bernanke prints about 21 Billion dollars every minute 24/7 (not to mention other countries doing the same). Now which currency would you pick to put your wealth in knowing this?

Gold would also be good to invest in, at least in theory. However, unlike bitcoin, gold/silver prices are being actively suppressed by the banks using futures contracts. That will not stop as long as they can print unlimited money on demand. Bitcoin will continue to rise against the paper currencies forever. It may eventually also cause the collapse of all the world's fiat currencies.
Anonymous Coward
User ID: 44349253
United States
12/07/2013 06:03 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Its simple math - There are only 21 Million bitcoins ever allowed to exist and Bernanke prints about 21 Billion dollars every minute 24/7 (not to mention other countries doing the same). Now which currency would you pick to put your wealth in knowing this?

Gold would also be good to invest in, at least in theory. However, unlike bitcoin, gold/silver prices are being actively suppressed by the banks using futures contracts. That will not stop as long as they can print unlimited money on demand. Bitcoin will continue to rise against the paper currencies forever. It may eventually also cause the collapse of all the world's fiat currencies.
 Quoting: Anonymous Coward 49083861


You think other countries are printing USD? Took you two paragraphs to let us know how ignorant you are.
Anonymous Coward
User ID: 51181474
United States
12/07/2013 06:09 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Its simple math - There are only 21 Million bitcoins ever allowed to exist and Bernanke prints about 21 Billion dollars every minute 24/7 (not to mention other countries doing the same). Now which currency would you pick to put your wealth in knowing this?

Gold would also be good to invest in, at least in theory. However, unlike bitcoin, gold/silver prices are being actively suppressed by the banks using futures contracts. That will not stop as long as they can print unlimited money on demand. Bitcoin will continue to rise against the paper currencies forever. It may eventually also cause the collapse of all the world's fiat currencies.
 Quoting: Anonymous Coward 49083861


WARNING!!!! SHILL AT WORK...What the fuck tells you someone down the road wont raise the total number of BIT"CON"s...MORON!!! Much like the US Gov...keeps raising the # of dollars...get real!!!!!!!!!! Did God tell you? was it a ghost? Wish I had the faith in such a promise!
Anonymous Coward
User ID: 49599836
United States
12/07/2013 06:15 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
i have been exchanged 4 bitcoin when 1 btc reach $1100/each
and turn in to gold bye bye China lol
 Quoting: Anonymous Coward 42061846


Please tell me how or PM me thanks
 Quoting: The Worlds Enemy


Go to localbitcoins.com, find a dealer for your price. Look for a CASH DEPOSIT They will sell a hundred dollars or so HIGH because it's the fastest form of transaction.

Then just go to that person's bank in your town, and deposit cash into their account.

Wherever they are in the states, they'll get that cash in their account and fund your online account on localbitcoins. You have to take the coins and put them in a safe, offline wallet, stored in multiple electronic back up devices like USB flash drives so that no one can just hack your account pass online and end up stealing all your coins, easily.
Anonymous Coward
User ID: 48678869
United States
12/07/2013 06:18 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Tulips
Anonymous Coward
User ID: 49599836
United States
12/07/2013 06:20 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
People, quit suckin donkey dicks.

The only reason it's correcting now is because a billion person organization just stopped trading because their government sacrifices children.

If they didn't do that!

People would be free!

You all saying bitcoin are like, "nahnah bra, the illuminati controls everything, decentralized money? yea right, there's trillions of dollars in that, but being a slave is better."

WAKE UP
Anonymous Coward
User ID: 43534464
United Kingdom
12/07/2013 06:31 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Damn, i feel bad for the people who bought near the top. They're getting their asses handed to them on a plate right now.
Anonymous Coward
User ID: 51189283
China
12/07/2013 06:32 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
PLEASE call it what it really is "BIT CON"
 Quoting: Anonymous Coward 51181474


I prefer to call it cunt coin.
Anonymous Coward
User ID: 51189497
France
12/07/2013 06:43 AM
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Re: BITCOIN IS CRASHING!!!!!DOWN CLOSE TO 50% IN HOURS!!!!!
Greedy moron coin.
Liquidity snare.
Bagholder express.
wannabee rich quick fail-coin.
Mambo jumbo electric bounty coin.
My ponzi coin.
Ebagholder.
Ibroke...





GLP