Quote from: ariyaromadhona on September 20, 2014, 07:42:54 PM

Quote from: Satan666 on September 20, 2014, 07:32:55 PM

Quote from: ariyaromadhona on September 20, 2014, 05:42:23 PM

Another Bad news Cry

... Absolutely 2014 is not the best year for starting in bitcoin :3 , Bitcoin isn't quick way to get rick anymore Grin

Hope next year will be the greatest year ever for bitcoin :p http://www.cryptocoinsnews.com/bitcoin-price-beatings-will-continue-until-morale-improves/

2015 will be even worse. Everyone who thought they were going to get rick holding BTC will get poor instead. Grin

ahahha , i hope they would'nt Cheesy

Taken from Kprawn 'The thing is, Whales do not buy their Bitcoins on exchange, where the price of bitcoins are determined. Hand to hand transactions and trading occur and those are the big coin movers. So the real value of bitcoin is hidden in this type of transactions. They do not use exchange services, due to tax & anonymity sacrifices they have to make, when they use these services. These people can shift the price easily, if they use exchanges.'

The exchanges are great for your middle class individual looking to buy .25-100 bitcoin. If there were enough interested people which now their currently is not, the people alone, forget the whales are wealthy enough to buy 90+ % of the coins without owning more than just a few each. Low prices are a decent think in the short run. I dont enjoy it, but I am not going to shit my self either. If it goes to zero, well it was fun, and I learned about thing i sometimes wish I never knew.