dir sollte aber schon klar sein, warum Fibonacci andernorts funktioniert und warum sie bei Crypto-Xchange eher nicht anwendbar ist, oder?

Thank you for pointing that out - pretty sure this will give a lot of readers an idea about unserious advertisement

plug them in, start cgminer. :-)

where exactly is your problem?

Sure do we hate doing books .. investing time, that someone else gets money - that's what it is. Hands up for a per-head-discount tax! ;-)

whatever. In Spain you can do your yearly report automatically based on the transactions of your bank account - technically. They want to force you using your bank account, so they can see if you pay all your taxes :-)

yes it drops because of china  not like I told you it is dropping because of christmas 

ooops? look at it! it is at 1k again - wohhoo? why is it? did china explode?  .. or was it just christmas as I said .. omg .. btc market is so predictable. please stop technical analysis of BTC because BTC market simply does NOT react to that but instead react on dumb peoples panic selling/buying and/or very obvious facts.

And now you can call me guru. "Mr. Guru" if you want

Everyone who has understood the fact I tried to tell you will have made a 100% percent gain in under 2 weeks without any effort and nearly no risk at all while laughing at idiots in various trollboxes :-)

Excuse my sarcasm - but it is important to understand how BTC market does work and that has nothing to do with stock exchanges or forex or whatsoever. it is just plain and simple psychology - at least at the moment.

You didn't get the point. Mining Equipment is pretty linked to BTC, so that is a bad example of real world usage 'cause errupters value rises with demand rises with BTC value.

In the end someone had to buy those erupters from a factory, paying electricity in fiat, paying employes in fiat, paying resources in fiat - so there has to be a stable BTC/Fiat relation - which is not the case. So, for not-directly-BTC-related products BTC is completely useless because the lifecycle of a product (production/distribution/sale) is an unpredictable period of time for BTC value. So there is no chance for any product without massive(!) profit-span to get created/sold solely at BTC level. (except short lifetime products or just in time deliveries - which both is rare)

I know, that most of the current BTC-"Fans" are not aware of this, because they may have no idea how product cycle actually works and what makes a currency valuable at all. A highly volatile currency will drop in price because noone (no merchant/manufacturer) is willed to use it. Simple as that. Do not believe me? Well then visit the next factory and ask if they will produce something for you in exchange of iPads. iPads have a distinct value, but the manufacturer just dont care, because he cannot pay his employes in iPads nor can he pay his bills in iPads. Get the point?

And as long as this problem is not solved for BTC or any other Crypto, no crypto will ever be successful in big scale thinkings.

That's BS - because Traders are not responsible for the stability of a currency. Merchants and Customers are. At least when considering BTC as a currency.

How Many Milk Bottles is 1 BTC? And how many Milk Bottles will it be tomorrow .. you see, nobody will sell you milkbottles when he does not know how much the exchange is worth just 24 hours later. And that's the point of stability.

Der reale Preis von BTC liegt vermutlich auch irgendwo im Bereich von 100 USD .. je nachdem wo er eben war, als BTC tatsächlch als Währung genutzt wurde (wie hiess die Seite nochmal, die geschlossen wurde) .. mehr echten Wert hat BTC nunmal nicht. Dummerweise sind durch die Schlittenfahrt jetzt in den letzten 1-2 Jahren alle jene, die BTC tatsächlich genutzt haben (ungeachtet der Tatsache, ob es dabei um illegale Dinge ging) jetzt auf eine andere WÄhrung umgestiegen, da BTC einfach zum Warenaustausch unnütz geworden ist.

Der jetzige Fall des BTC Wertes wird eine große Menge an Einsteigern/Amateuren abschrecken - da haben sicher einige ne Menge Geld verloren (Paniker eben). Die werden auch nicht mehr zurück kommen. Was zwar nicht tragisch ist, weil das dem BTC eh nix bringt, aber letztendlich wird der Preisanstieg etwas auf sich warten lassen. Aber mal schauen was 2014 ab Q1 passiert. Entweder Regeneration oder Sideways. Ich tippe mal optimistisherweise erstmal auf sideways und das ist es eine Frage der Medien. Wenn es BTC schafft ein Jahr lang halbwegs stabil zu bleiben, könnte es sogar passieren, dass man BTC tatsächlich als Zahlungsmittel akzeptiert. Vorher nicht.

Ist natürlich nur meine Einschätzung der Lage, kann jeder sehen wie er will ;-) Ich glaube trotzdem, dass BTC zuviel Vertrauen verloren hat (abseits der Broker) und am Markt keine großen Chancen mehr hat. Mal schauen, was die anderen "Währungen" machen.

The price drop started DAYS before china did anything. .. china has no big influence .. why is it? right, because market is full of noobs, that's why, that's why the general normal xmax exchange dropped the price and thats why many people are panic selling now :-)

You can just consider this as some sort of correction .. each correction is HEAVY because BTC has no actual value. The actual value of BTC is the value it has BEFORE the bubble. The real value of BTC is directly connect to usage of it - and that was more or less stable before the bubble - used in "dark places" as a good currency to exchange illegal goods. Doesn't sound good? Sorry, but that's what it is. And THOSE markets will find another currency which will work better than BTC does NOW - because BTC - with this volatility - is pretty useless for everyone and will keep everyone from using it in terms of payment or good exchange.

But true - you can still buy ASICS with BTC .. and all those funny things directly related to BTC and gold mining fever .. but in the end, that does mean nothing and is just a bubble. Ride the bubble when it is time too and accept reality when bubble is gone.

PS: Doesn't mean, that BTC will drop to zero. Just means, accept that it will drop massivily. I expect that it will lose grip to the state it has 1-2 yrs before. This bubble drop will just eliminate many of the noob players which are responsible for the fast price rise (indirectly)

Youy guys forget about who's actually participating in BTC exchange. Sure, there are many people who actually do some research and listen what is happening in the world about BTC. But in the end, the most "brokers" are just noobs. They have no idea of nothing. They get scammed, they act impulsive. If price drops, they will panic sell, if they think prive will rise, they will blatantly buy.

Now is christmas - many ppl are collecting their winnings. Price drops. Panic Selling, price drops even more, even more panic selling. This year is done, wait for after xmas.

And always remember WHO is participating (and therefore shaping) the market. There is no reason to use the same logic in BTC xchange like you would do on good old xchange.

No. Nobody can shutdown Cryptocoins.

But they may prohibit the use whereever it is possible for them. So you may not be able to use Cryptos in bank transfers or such things, youb may be forced to decalre your Crypto Hold and such things..

But a complete direct shutdown is not possible.

Why do you think this? Assume, that Cryptos will be a future currency .. it will not be BTC, just because we have no "global order" and US will not accept to have no full control over their currency. Easy like that. So IF cryptos were used, each continent at least will have its own one. But actually .. looking at the current warfare against money laundry .. no .. don't believe, that big entitites will accept a cryptocoin.

If that happens, BTC value suddenly drops to zero.

But I am sure, at the moment someone can still made good money with BTC Bubble, just because so many people are believing in it. Believe is the only value, BTC has at the moment.

der wird über die nächsten Tage vermutlich nochmal deutlich fallen. Nach Weihnachten könnte es wieder interessant werden.

Dreams are a nice thing, but BTC has too much problems to exist as a real world currency of big scale. Cryptos in general may stand a chance but BTC not, as I already described somewhere else.

just to mention .. just in the last 10 days, daytraders with experience would be able to dump a shitload of dollars.. at the cost of those who have no idea about it ;-)

that's life :-) Bitcoin will fail hard .. but that must not mean, that you cannot make money out of it.

The bitcoin situation is a bit different.

Bitcoin has another problem - people with no idea at all are in that market. Someone who buys a house, renovates it has a goal for which work has done and therefore produces jobs and the money goes back to economy (+wealth) - the housing market crash had several multiple problems which led to the crash you are talking about. Actually it was just a saturation of the market starting a chain reaction (because over dept). And so on, there is just a shitload of factors involved with that.

And in Bitcoin - there is nothing. Someone puts money in it, hoping for a dream with few or no arguments at all. Also it is christmas time - the current drop was absolutely expected .. and for those who knows exchanges/trading etc it was also expected, that a lot of ppl starting to shit bricks because of this and panic seeling.

In the end, the bitcoin market is pretty good predictible, because there are very few factors someone has to consider, which makes it pretty perfect for daytrading - but pretty useless for actual USE of the currency.

BTC will fail in the long run - other cryptos may suceed, but in the end it is the market and the stability which is responsible for that - not the buyers

There is economical reason for it - not saying it is the best approach how it is handled nowadays, but you need to have some sort of control to counter-react in some circumstances. There will be always fraud but without that control many things would have much more impact, than they have now. Economics is nothing new, we have many years of experience what can happen in terms of currency; just because there is BTC does not mean, that we have to run into the same problems like before - people are starving because of such problems, people will die or lose everything. Are you from the US? Could you possible imagine what would happen with the US NOW, when there would be no regulation? What would've been happend some years back .. those subjects are not simple but they exist. Noone thought of them when inventing BTC ..

There will be transaction fees - easy like that.

People who already had mining hardware will stick to them and get the transaction fees - the hardware should have paid for itself already. There are already huge bitcoin farms. Most of them will be profitable with transaction fees.

Some will sell their hardware or shut down their hardware due of el. cost or they get damaged and not replaced. Difficulty will go down but stay high cause of ASICS going to be much cheaper.

Most of the big farms will stay alive where electricity is cheap or free. Maybe Asian, may be Afrika or even Dubai, when there is big money involved. Everyone else will be sorted out. Also possible: Solar Farms in Desert. Cheap area, free power, Sat Uplink. Whoever has feet in there will just grow more everyone else will starve.

It's an overall problem of BTC (one of many) - in the end only some few entities will control Blockchain = compromised = end of BTC. Just one of many problems which will prevent BTC from being successful.

Other Coins have much better technique and are more suited for future use.

PPL are selling their BTC to buy christmas presents. Easy like that. Fully Normal as expected. Most of them had made a decent amount of money.

Be happy, you got another chance to buy in cheap and stop posting trollbox sh*t

Let's talk about the real future about Cryptos.

If you ask me, BTC and all the others will fall. BUt what will stay is the idea behind Cryptocurrency and the tech behind different coins. Some coin-technique will be the winner, will be accepted in terms of usability and safety. I don't think, that BTC will be that winner.

There are too much problems with current cryptocoins - one of the biggest flaw is simply, that ppl expect that ONE coin will rule the future. That's wrong. No big entity (a land, state, continent, company) will ever accept a currency with an uncontrolable value. It's just not working. Never. If you are deep into economics (and how world works) you should know.

But the idea of Cryptos is pretty good and may be adopted as a real currency in the future. But if you ask me, there will no world-wide-coin. Instead there will be coins for the big entities.

There will be an USCoin, AsiaCoin, EuroCoin and so on. There will be no mining. The amount of coins has to depend on something - it needs to be used as an instrument to stabilize a currency, which is totally neccessary for an economy to work efficiently. There don't need to be a distinct entity who decides the coin amount. It just has to depend on something more fluid. Like Birthrate for example or population of coin-country.

Also US for example would just not accept that asian (etc) decisions directly impacts the federal/local solvency. That's directly the same problem, why europe started their own currency and did not just adapt USD. They don't want to be depended on the wealth of someone else.

So, sadly - BTC has no direct future, while cryptocurrency may (because the main concept is good).

You can see my post as a pesimistic prediction, but if you think about it, it's the only way for BTC (and AltCoins as well).

If any Crypto is accepted as a real currency there has to be an exchange to current fiat currency, there is no way around that - see recent currency changes like € for example - and there will be no room for "mined" money.

Will BTC be a real world currency in the future? -> No.
Will BTC stay as a trading good for different services? -> Very possible
Will you be able to buy from Amazon with BTC? -> No.
Will you be able to buy a Bugatti second hand with BTC? -> Possible, if the buyer accepts (just a good exchange)

But happily - with all that said - BTC will not be directly taxable, because actually it is an exchange of goods. Like exchanging a bugatti for a ferrari.

Short Speaking: Inventor of Cryptocurrency is good in mathematics but fails heavily in economics which is a huge problem and therefore prevents BTC from being a real world-wide-accepted currency.