Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
MatTheCat
on 29/06/2016, 18:20:43 UTC
What happend in that time? If you where trading ore just holding Bitcoin for so long and still not sitting in the green, you did something very wrong.

http://moneymorning.com/2016/06/28/investing-in-bitcoin-has-delivered-an-annual-return-of-82/

Dont tell me you didn't scooped up those nice sub $200 coins for an even higher %  Shocked

Trading is trading, and Bitcoin is Bitcoin and when I see shit like this:

https://blockchain.info/address/1NixsfeHKoj76fB6xMwa19tfcnEsGTxsGz (i.e. transaction made 3.5 hours ago, still not one confirmation)

...which I get ALL THE FUCKING TIME, indeed almost one third of all BTC transactions end up this way.......then it is clear to me that Bitcoin does not have a great future in front of it....REGARDLESS of how high 'they' may or may not pump it. I would rather stick needles in my eyes than make payments with Bitcoin....(unless there is no other alternative)


Bitcoin just doesn't fucking work very well and the major stakeholders in the project are unable/unwilling to come to an agreement that will fix this.....one day...it is all gonna just go 'püff'. Billions of USD of notional wealth, all tied up in a failing scracity algorithm that needs to go back to the drawing board......I hope I have moved on from BTC by the time that  occurs.