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Old 07-05-2013, 02:44 AM   #1
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Bitcoin has been on steady decline and is now at $75. Discuss.

Topic says it all.

Would be nice to see some of the same people that were saying gold wasn't a bubble to say Bitcoin wasn't, too.
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Old 07-05-2013, 02:54 AM   #2
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Old 07-05-2013, 03:26 AM   #3
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I think it will continue to go down, perhaps to $50. From there it will even out until the next bubble next year.
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Old 07-05-2013, 03:50 AM   #4
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I will just say BURNNNNNNN
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Old 07-05-2013, 03:58 AM   #5
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Who could have predicted currency controls would have resulted in capital flight

It's down over 40% in the past 30 days, it's just as well clever people like Franck took a buy and hold position
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Old 07-05-2013, 04:11 AM   #6
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Old 07-05-2013, 08:07 AM   #7
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Old 07-05-2013, 08:13 AM   #8
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LTC is way up?
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Old 07-05-2013, 09:27 AM   #9
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if frank was here he would be like:

"imbecile! don't you see its stronger than EVER! you idiot! ill put you on ignore!"
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Old 07-05-2013, 09:31 AM   #10
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It's real potential is as an online currency. I've never understood those who saw it as an investment. As long as it is eventually relatively stable I would not care if it went down to $1. Just increase the proliferation and make it as popular as Paypal.
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Old 07-05-2013, 09:34 AM   #11
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not enough to call it done, if it was 7.5$ then maybe
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Old 07-05-2013, 09:36 AM   #12
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if frank was here he would be like:

"imbecile! don't you see its stronger than EVER! you idiot! ill put you on ignore!"
.. and then harass you with his 16 fake nicks

i do miss catching him talking to himself..
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Old 07-05-2013, 09:42 AM   #13
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if frank was here he would be like:

"imbecile! don't you see its stronger than EVER! you idiot! ill put you on ignore!"
well, the simple fact is it is stronger than ever. the decrease in valuation, imo, is due to media hype bringing in opportunistic investors who thought they could get rich in a couple months with exponential growth.

when they figured out they missed the rise, they cashed out. mtgox can certainly also be looked at as a reason for the selloff.

but there is gobs of vc money flowing in now, new ideas, roadblocks removed and the riffraff investors are moving on.

that all bodes well for btc.
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Old 07-05-2013, 09:48 AM   #14
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So franck only shows on GFY when BTC is over $100 USD?
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Old 07-05-2013, 10:03 AM   #15
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Who could have predicted currency controls would have resulted in capital flight

It's down over 40% in the past 30 days, it's just as well clever people like Franck took a buy and hold position
Ya, I never understood people that said they were doing that. It was pretty clear you needed to buy low and sell when it was at those incredible highs and rinse and repeat.

Did they think it was just going to keep going up?
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Old 07-05-2013, 10:22 AM   #16
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Yeah.. should have sold them to me when it was still at $85. Oh well. You lose.
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Old 07-05-2013, 11:14 AM   #17
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Ya, I never understood people that said they were doing that. It was pretty clear you needed to buy low and sell when it was at those incredible highs and rinse and repeat.

Did they think it was just going to keep going up?
The stock market, before the financial crisis was floating around 12,500.

The market crashed and people had no option but to keep hold of what stocks they had, or lose a lot of money.

Where is the stock market at right now?

Sometimes you gotta take the bad with the good, there will be a recovery, depends on how long that recovery for BTC will take.

On the plus side, those of that did diversify into other crypto currencies, such as LTC are seeing some decent gains which is enough to off-set the potential losses on BTC.
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Old 07-05-2013, 11:32 AM   #18
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So franck only shows on GFY when BTC is over $100 USD?
he quit posting on GFY all together.
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Old 07-05-2013, 02:30 PM   #19
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Ya, I never understood people that said they were doing that. It was pretty clear you needed to buy low and sell when it was at those incredible highs and rinse and repeat.

Did they think it was just going to keep going up?
Suckered in by people like Max Keiser who claim Bitcoins will be worth $1000, $10,000 or 100,000 each.
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Old 07-05-2013, 02:33 PM   #20
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.. and then harass you with his 16 fake nicks

i do miss catching him talking to himself..
What other nicks did he have? I always thought Dark Jedi was one of his nicks, very similar writing/trolling style

Incredible that someone would waste so much time doing that
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Old 07-05-2013, 02:40 PM   #21
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What other nicks did he have? I always thought Dark Jedi was one of his nicks, very similar writing/trolling style

Incredible that someone would waste so much time doing that
the kyro one or something.. he'd post with his main nick, then troll with his fake nick

it just so happened that night he was drunk? and forgot which user he was
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Old 07-05-2013, 02:45 PM   #22
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the kyro one or something.. he'd post with his main nick, then troll with his fake nick

it just so happened that night he was drunk? and forgot which user he was
The french sure have a strange sense of humor
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Old 07-05-2013, 03:18 PM   #23
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thought he was dutch?
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Old 07-05-2013, 03:23 PM   #24
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thought he was dutch?
Just because you live in Holland doesn't make you dutch He's French
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Old 07-05-2013, 03:25 PM   #25
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thought he was dutch?
There are only two things I can't stand in this world. People who are intolerant of other people's cultures... and the Dutch.
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Old 07-05-2013, 03:39 PM   #26
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Just because you live in Holland doesn't make you dutch He's French
Are you a Franckophile?





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Old 07-05-2013, 03:40 PM   #27
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Just because you live in Holland doesn't make you dutch He's French
touche
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Old 07-05-2013, 04:08 PM   #28
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http://torrentfreak.com/feds-seize-c...ccount-130515/
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Old 07-05-2013, 04:19 PM   #29
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$75? That boat sailed this morning.
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Old 07-05-2013, 04:29 PM   #30
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2 months old news?
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Old 07-05-2013, 04:33 PM   #31
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2 months old news?
The subject of the thread said it was a steady decline; I figured there had to be a reason and that it did not happen earlier in the day.
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Old 07-06-2013, 04:11 PM   #32
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Are you a Franckophile?
LOL no

He bought my first ever domain name, must have been around 12 - 13 years ago, this was before I had a credit card. He was a pretty decent person back then before he found GFY and started the trolling, although he used to do that on other boards in a more comical way.

He had pretty much the first ever Candid paysite, cracker domain name too! I dunno if he or Heymatty owns the domain/paysite now.

That was before GFY existed and he was known as Battuss

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The subject of the thread said it was a steady decline; I figured there had to be a reason and that it did not happen earlier in the day.
Interestingly when the Dwolla news hit the price of Bitcoin actually rallied and increased for over a week. Mt Gox suspending $ withdrawals for 2 weeks has been a factor in the decline

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There are only two things I can't stand in this world. People who are intolerant of other people's cultures... and the Dutch.
Interesting What do you not like about the dutch? I think a lot of people culturally don't understand the Dutch, they can be very direct people and say exactly what is on their mind and a lot of people misconstrue that as them being rude of arrogant.
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Old 07-06-2013, 06:53 PM   #33
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That was before GFY existed and he was known as Battuss


We knew him as Battuss here in the beginning

Quote:

Interesting What do you not like about the dutch? I think a lot of people culturally don't understand the Dutch, they can be very direct people and say exactly what is on their mind and a lot of people misconstrue that as them being rude of arrogant.
Pretty sure he was being sarcastic
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Old 07-06-2013, 07:12 PM   #34
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He's French
Well that explains a lot ??...
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Old 07-06-2013, 08:51 PM   #35
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Interesting What do you not like about the dutch? I think a lot of people culturally don't understand the Dutch, they can be very direct people and say exactly what is on their mind and a lot of people misconstrue that as them being rude of arrogant.
It's a quote from one of the Austin powers movies.
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Old 07-06-2013, 09:16 PM   #36
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.. and then harass you with his 16 fake nicks

i do miss catching him talking to himself..
Good times, good times. I miss the many faces/nicks/personalities of franck sometimes. There's a notorious idiot on MP's board who does that. Psycho-chicken-ville.
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