BTC price is based purely on speculation.

Funny thing is..

When the price crashes really fast, everyone say its Manipulation.

When the price rises really fast, no one say its Manipulation.

The Blind leading the Blind.

Sell Now!, and buy back lower.

Alot of pumpers will say it is just correction.

If the stock market, bond market, or any market went down 30% in a matter of hours. That my friend is a severe crash..

This is no correction. BTC is collapsing.

Warned you over a week ago

https://bitcointalk.org/index.php?topic=351691.0

Here is the ban link

http://www.zerohedge.com/news/2013-12-05/bitcoin-tumbles-after-china-central-bank-bans-financial-companies-using-digital-curr

With no China support. Today is the beginning of the end. I strongly recommend you sell your BTC and get out now before the bitcoins price collapse,  you will lose your money.

Once again. You are being warned!

Told you guys -

http://www.zerohedge.com/news/2013-12-05/bitcoin-tumbles-after-china-central-bank-bans-financial-companies-using-digital-curr

Am pretty sure this topic has been discused before.

But BTC is king dingaling of the cryptocurrencies. Do any of you see any altcoins being as successful as BTC.

When eBay started, hundreds of other auction sites sprung up all over the internet who tried to capitolize from ebays success. None of those alt. auction sites are around today.

Could the same scenario be happening here?

Thoughts..

The chinese government is going to ban all vendors from doing transactions with BTC. Its already in the works, look it up at google.hk

Also, alot of you people who have this idea. That bitcoins will be used as a medium for transactions throughout the world are very wrong.

FYI- The Internet is about to be broken up, and not interconnected with the world soon.

Alot of you members havent heard about this, and the news media hasnt even talked about it.

But after the NSA spying scandal. All governments throughtout the world are building there own INTERNET system, seperated from the USA internet.

The world wide web will be dismantled in the next.2-3 years, so it will be impossible for BTC to be used
  from country to country.

Each country will control of its own internet. So this dream that BTC will be used for.transactions.everywhere is dead.

Souce-

http://voiceofrussia.com/2013_10_28/BRICS-countries-are-building-a-new-Internet-hidden-from-NSA-7157/

Polytheism, monotheism, god, etc... Its all nonsense.

The purpose of life is living it.
The most important thing in life is Relationships.

Simple is that.

Sitting there and worshiping, praying and worrying about your beliefs and gods is a distraction, waste of your time, and hogwash

If you have children, you wouldn't want them to worry, worship and think of you (there creator) all day long. You would want them to enjoy life to the fullest.

For your sake, If there was a god (which there isnt). We are his children. It wouldnt want you to worry, pray and worship it. It would want for you to live the life he has given you to the fullest

There is no such thing as god, it is only.a perception.

Chinese people, worship a chinese god

Arab people, worship a arab god

If cats had a god, they.would worship a cat god.

If horses had gods, it will be a horse god.

Unfortunately, believe it or not. Knowledge in itself is what creates, and divides our world. Knowledge is evil.

With our intellegence, we fragment, label, and divide everything in the world. Thus causing conflict, hate, greed, jealousy and wars.

I have no interest in religion, politics, marriage or education. It is all a method of control, to me.

If your going to buy BTC. I recommend you do it thru a US exchange.

Its a big risk your taking. If any of these overseas companies decide to steal your money.

Pretty much nothing can be done about it.

At least if it happens within the states, you could sue them or report it to somebody.

I don't know if OP story is real, but I am currently experiencing the same problem.

I am not thinking of suicide in anyway, but I do have an attorney getting involved.

I bought BTC when it was pennies. Today I am literally a Virtual Millionaire, and no exchange will allow me  to WITHDRAW my money. The claim it is a "High Risk", even tho I have been fully verified.

I know someone else who is experiencing the same problem along with the OP. The OP can contact me, and join us in a (class action) lawsuit against these BTC exchanges. Anybody else experiencing the same issue can contact me.

This is a BIG WARNING to all of you about this BTC ponzi scheme . Maybe they let you guys withdraw small amounts, but when you make alot of money and  try to withdraw it. They are going to freeze your accounts.

Alot of you are investing in this scam, in hopes of getting rich. Wait until it goes up in value (Virtual Millions) and cant get it out. Only then will you realize its a scam.

Obviously nobody knows who is the creator SATOSHI, so nobody can sue him. Pretty creative way of ripping off millions (maybe billions) , and no way of being imprisoned or sued.

Please stop putting all of your money, hopes, and dreams into this. YOU ALL HAVE BEEN WARNED!

Dont start chasing the bubble, and panic buy, that whats going on right now.  Wait until all this buying panic stops. Might be in 1 week or 1 month. Just chill and dont pay any attention to it, cause it will drive you crazy.

Its better to gain nothing, then to lose alot.

This is all going to crumble down, collapsing and end very bad for alot of people who dont get out in time.

When people are panic buying, thats when you sell, and when people are panic selling, that's when you buy.

Wait until it crashes, and it will. Patience is the key my friend.

A lot of people feel like they missed the boat by missing the bubble.

I'd be happy to miss that boat anyday.

Why? Cause its a boat that will eventually sink. Who wants a ride on that.

A very few people will profit, but I  wouldnt intentionally invest in a parabolic bubble, too risky.

The chinese citizens are buying btc, yes.

But the chinese gvt. Is not buying btc so don't start misleading people.

If the chinese incoming vendor ban is true, watchout.

Are you for real?

Someone should hire you as a rocket scientist. You must be the smartest guy in the history of bitcointalk.org.

So am assuming that you want to Lose Big in Btc.

These chinese gov. has done everything it could, to dethrone the dollar in a few years.

A couple of days ago the chinese gov
announced that they will no longer invest into FX exchanges (dollars, bonds, etc.)

http://www.marketpulse.com/20131120/china-longer-expanding-fx-reserve/

This shouldve made the news and been all over the headlines, yet everything is being pushed along and kept quiet.

The chinese are positioning themselves to pull the plug on the US dollar very soon, and I dont think that the Chinese Gov. Is going to allow Btc to ruin its agenda. I just read the Chinese Vendors will be banned from doing any transaction.with BTC (look it up at google.hk)

The chinese gov. Is buying all the precious metals it can (gold, silver) , and so should you.

Ha ha huh, no it doesn't smart guy.

The chinese gov. literally executes people who violate some of there most pety laws. Citizens are really scared to break the law there.

So much you know....

I read a few minutes ago that In China, there is BTC BAN for all Chinese Vendors comming soon. Dont know how reliable the story is, look into.

But if so, bye bye BTC.

A man once told me that Fiat was just pieces of paper. He advised me to buy precious metals. He said it was the only REAL physical money that has lasted the test of time (4000 + years)

I than I met another man. Who told me that cryptocurrency Is not even a physical currency. He advised me to buy some Fiat money. He said , that "At least" you can start a fire by burning  the paper to keep warm, or use it as toilet paper to wipe ya ass with.

The next big crash is coming and will be devastating.

Thats the only reason I keep checking back every few days.

I want to witness it . It is going to be historical.