It's sad to see the bubble exploding again and crashing violently. As it's sad to see so much speculation, ICO scams and all. But is part of the game. Seen many bubbles, lost a lot, won a lot, and I'm not impressed anymore. I've seen what Bitcoin can do and I still trust it. No alt-coins, no ICOs, no stocks. Just Bitcoin.

Every new price surge has 2 features: goes high as fuck, goes down abruptly and after some stagnation period, goes even higher.

A price of more than $10,000 might be even closer than you possibly imagine.


That's not hard to reach and will be reached eventually, and then even higher. Hard is to play the game without sweaty palms.

https://imgur.com/JMAuPJN

Somehow it doesn't. Thanks for all who said good words for me. It helped me a lot. Thank you.

I need to disclose something:

Romanian Intelligente Service is actively pursuing many bitcoin users. Check my older posts to see when they got knowledge on bitcoin. Sad thing is that there is no LEGAL case against bitcoin phenomenon. It's not regulated. Romanian Fiscal Authority cannot do anything. But Romanian Intelligence Service can. And they fucking document any user they can from localbitcoins.com

Sad.

These were nice years, but unfortunately all things come to an end. It is time to say "Goodbye". I still think bitcoin is a brilliant invention which brings immense power to the masses but the human element was more agile and found ways to almost destroy it. It's wounded, but not by a security flaw, not by a design flaw, just by misuse and abuse. Nobody can tell what will happen in the future but one thing is certain: nothing goes up indefinitely and all markets are cyclic.

Bitcoin was a chance to learn on economics, markets, psychology and technology. A great ROI. I would recommend anyone here to buy whatever amount one can loose in  the next 5 minutes and put it aside until 2017-01-17, along with the same amount in USD. I am very curious which will have more value then.

Good bye.

Bitcoin is as safe as it's user is tech-savvy. It's pretty hard for the masses to understand how to secure them properly and what NOT to do and why (ie, not keeping them on a freakin website)

Killed by the 90% of the stupid day-trading sheeps that had their coins at centralized exchanges for years, in Mtgox, Bitstamp, etc. And by the over-the-night CEO/COO, C-my-ass dragqueens like Ver, Karples and other scammers. At no point in the whole history there was a system subjected to such scams, thefts, sheer incompetence and stupidity. And think well, just the recent 19k btc is a big portion of whats currently in existence.

Otherwise bitcoin is good to go.

I wouldn't say it's over yet but yes sir, you made a brilliant point. People fucked up the whole system. I still hope those will flee away soon.

Check your language young man! Bitcoin is far superior than bank-enabled transfer. Decentralized.

No, really.

Smells like MtGox all over. I hope Bitstamp and all shitty exchanges die ASAP. I hope Karpeles gets a long term in the jail.

Anyhow, breaking this low brings a huge opportunity which many will fail to see. The only problem is one buy's now and price gets to $80, there will be more time involved until it gets back to 190 and again to over 500. But it will.

Many will fail to see that. And please stop the 'free market' bullshit. When you have an 'audience' of 90% sheeps and a few shitty exchanges, with no transparency, you cannot call it free market. This is bullshit.

PS: I was terribly wrong, I was thinking that 250-270 would be the bottom.

Rally... oh god..

The daytraders have now lost most of their wealth. It's the way it works. If one was too greedy, kept too much coins in an exchange, didn't bothered to put them in the wallet or at least spend $ on blow and hookers, one lost.

I saw the same thing on MtGox. Fat accounts from 'successful' daytraders didn't withdrew even a penny. So, where is that success now? In Kapeles' pockets.

Anyway, this should be the final warning. Keep your coins in YOUR wallets and use localbitcoins or any other decentralized system to trade. By doing this, you'll have your success. Less risk, more money.


I, today, January 6th 2014 give the middle finger to AML, KYC, banks, Bitcoin exchanges and daytraders-speculator, 90% of the Bitcoin scambusinesses that know shit about security and bitcoin inner-workings, I give the finger to governments around the world and most of their institutions, especially to those oppressive organizations.

Even though I am impressed with the Bitstamp heist, I will give the finger to retarder hacker or hackers because he/they struck with such a violence in people and a fragile system. I bet you're proud of yourself and happy about the earnings but listen what. Most of your life you'll live in some kind of fear because justice will be on your tracks. And if justice finds you, you will spend most of your life in a lonely place, a place where nobody should be, a place that will make you miss every drop of rain, breath of fresh air or sight of flowers. But because some people tread over flowers, we as a society put them in that lonely place for some time.

You're in such a misery that even remorse gets you and want to give the money back, most likely you'll still face criminal charges. And I don't think you have the guts to do jailtime with no money. It's better for your twisted soul to to spend some now and live in fear or in jail but thinking of your little treasure.

What are these??

https://blockchain.info/tx/4e2310ee5f5d95ea17878f558406e24d10e6234a614fd960bbcddcb2ccd25dd4

Hacks on exchanges are complicated. A hack on Bitstamp, which takes security seriously, it's extremely complicated.

So, if this happened, I would assume the hacker would have acquired access at least few days earlier. I would also assume code has been tampered with someway, and some audit has to be made. Even if they use strict change management policies, a full code audit is a must.

What if the hacker sells the 18k BTC on Bitstamp? (if they're stolen)

...

Don't you have the account on Bitstamp?

Many were optimistic in the dawn of MtGox fuckpucinno.

Centralized exchanges as we know them will die or change. This is a good thing. Exchanges along with their by-product, the 'speculator', shall die now. RIP.

Decentralized systems or multisig operations will take over.

Speculators are again burnt by using a centralized exchange for a decentralized payment system.

I know Bitstamp's security and Ibelieve it's hard to compromise cold wallets but still, a big minus on the image of Bitcoin. Bitcoin will never take off unless ALL centralized exchanges die.

Current time: April 2013. Lol. LOOOL

right...the guy can buy all back with a profit. what a dumbass