Bitcoin falling soon! The rise to 680,00$ was the "return to normal" phase but it will fall again!! Don't say I  didn't warn you!!!!

My friend, I am here to save you from poor financial decision! This chart has been used before on this forum, but it very good chart! Please listen and do not invest more money because we go down again soon!

If this is the treatment I receive for trying to help fools here from burning their moneys up, then I will leave and not come back!

Interest drying up in bitcoin. Look at Google Trends for confirmation that interest is going lower every month!



The last time interest was this low was summer 2013, which means fair value of 1 bitcoin is < $200!

Do not listen to this man! He is a well known paid shill for the Winklevoss twins who is tasked with pumping the value of bitcoin for their ETF!

Cut your looses now while we're in this temporary rally and get out while it still has some value!

what happen next when price stabilize on low volume? if you don't know then you must be new here!

No amount of countdowns or other magical thinking can "will" the price up. We need one thing and one thing only: buyers.

And the charts don't lie. There are none!

*chirp* *chirp*

World changing technology guys, the main forum for it is so quiet you can hear a pin drop. Maybe that should tell you something...

  Poll is unanimous that market is bullish right now. So why is nobody buying??

bulls still don't get it! the bubble has not been "pushed back". it's not going to happen!

people aren't going to magically start investing billions of dollars into bitcoin in November or whenever you'd like to believe just because of some bullshit numerology.

I clearly do since I've been warning you all for weeks about the impending downtrend and nobody listen!

i am not falllling but i am a good friend of his and I felt obligated to come here and warn you all. For the love of all that is holy, sell now before your holdings are worth nothing! At the very least, we are forming another 2011 style bear pennant that could potentially drop us to <$100 over the next several months!

this is a new account, my last was banned by moderators of this board who want to silence me to prevent panic, but i have been a member of the community since 2012. TA is akin to astrology, just lines on a chart to come to your own biased conclusions. the real indicator is volume... nobody is buying, even I'm surprised at the lack of bid depth as the tape sinks lower and lower! and the alt market clearly shows that interest in crypto is over! it's only natural that the smaller alts should topple first.

that's right, nothing has fundamentally changed with the protocol since last year when each coin was less than $100 in value. So that's where we're headed back to!

Last chance to sell and cut your loose before the China sell off begins Monday morning! I urge you from bottom of my heart to take opportunity of this bounce to sell while you have a chance! Don't buy ripple or shitcoin, go back to fiat!

It's going to be another blood bath tonight, I can feel it deep in my loins. Don't go to sleep in full bitcoin, don't say I didn't warn you.

Bubble isn't going to happen... probably never, but it's certainly going to be a long time at least. People cutting their loose now, Much better places to stick your cash for the next 6 months while we wait to see where this goes.

Sure, but we're still in an enormous bear trend, and we're not even at the blood in the streets phase yet. Litecoin definitely is, and bitcoin will follow it down I suspect. When you see the bulltards here give up hope and admit the folly in their thought processes, then maybe, just maybe a few months later it will happen again.

That is, if we don't break $300. If that happens, all bets are off for the future of crypto. It would be a huge strike to the confidence of the crypto economy.

We didn't need such a phase last time around, because there were still few who believed that it was going to happen again. In 2014, everyone and their mom was anticipating another bubble, and even got their aunts, uncles, grandparents to invest for the same purposes. Once everyone expects it, it won't happen and they need to be flushed out of the system, sadly.

You can trust me because I bring forth an outsider's view of bitcoin. For the past year, people here have been brainwashed by the echo chamber, they have no ability to think rationally anymore!

I was a respected member of this forum in the past, but was banned by your moderators out of fear that my observations would cause a panic. Thus, I was forced to open this new account in order to spread the word of bitcoin's upcoming demise. Cut your loose while you still can!

*ahem* cheap coins. anyone? cheap coins.

You've got to wonder at this point who would be crazy enough to keep holding bitcoin. All signs point to a further cascade in price... to be holding right now you either need to be

A) delusional
B) Have no appreciation for the value of money

Yeah, bullshit post of the day. There are no "whales" manipulating the market. It's third party payment processors like coinbase and bitpay liquidating their customer's coins, along with investors losing faith in the market. It's really that simple.. more sellers than buyers, along with ~3600 new coins minted EVERY.SINGLE.DAY.

But because so many people here put their heart and souls into this technology, they need to believe that it was some kind of conspiracy working against them. Ridiculous.

Now that it appears the end is upon us, I'd like to present the following to all of you out there who deceived the impressionable mom and pop investors in to piling their life savings into a pie in the sky investment scheme (you know who you all are)

Oh lord not the "silk road" argument again. That happened during a bull market in 2013... this on the other hand is right smack in an 8 month and counting bear market, with no end in sight. Prices won't magically shoot up tomorrow or any time soon "just because it's time". There needs to be something for investors to get optimistic about. Merchant adoption doesn't cut it anymore... nothing short of a government pegging their currency to it would cause a turn around in sentiment... but no country (even Zimbabwe) is dumb enough to do something like that!

uhhh how many times do I need to tell you people. My account was banned by moderators for spreading truth and causing a panic amongst the holdtards. That got me banned, so I was required to set up a new account. I've been through the ups and downs of this market and if there was any justice in this world, I would be "legendary".

But there is a reason for this fall, and the HODLtards just don't want to hear it. There is no further significant growth to the bitcoin economy, transacation per day have remained fairly constant all year, the mythical bubble didn't happen, and mom and pop investors are growing tired and spending their coins at merchants or just reducing their exposure by sending money back to their safe and sound bank accounts. Why is this so hard to understand?

The official banner of HODL-tards:

Obviously I can't say that or I'll be banned again.

Absolutely not. In this short time, "Chuckee" has become an inspiration for many on here and helped them cut their loose before it was too late. I have received several PMs from users asking for my professional insight on the market, and to leave them in this time of need would be unethical on my part.

The altcoin market continue to be destroyed. This is a leading indicator for what will next happen to bitcoin itself. Heed these words: cut your loose before it's too late!

They never said all 7k were dumped by a single entity. This was caused by many players *together* cutting their loose. Cut *your* loose before it's too late!

My credibility comes from my predications which have been correct time and time again. No one person can know with 100% certainty price movements from day to day, yet I have an unblemished record. This is why each day I spend much time responding to PMs from members who are ashamed to speak to me in the public forum (for fear of being ostracized by the bull-tards) but are wise enough to heed my words and they have successfully cut their loose. Cut YOUR loose before it's too late!

Chinese sending their coins to exchange to dump into this small rebound. Get ready for huge dump! cut your loose before it's too late!

why price rise more? what going on??

No, no. This is bull trap, too all my followers, please relax. This is actually good news, good time to cut your looses.

Like the prophets who preceded me in history, I was martyred for shaking up the status quo of this place. I spoke harsh truth that upset certain people who wielded power over others. If you strike me down, two will return in my place to avenge me 

Full disclosure:

I've received the agreed amount of bitcoins from my employer (a very wealthy entrepreneur who took part in the Silk Road auction and requested my services to create an orchestrated FUD campaign so that he could buy in cheap). Good luck all, see you at one thousand dollars!

Bitcoin is done! The only ones left pumping are religious zealots and people of blind faith who latched onto snake oil salesmen like rpietila. Breaking $500 will be the watershed moment... cut your loose before it's too late!

2014! Year of bitcoin!

So who's first to admit that they were completely, utterly wrong? Risto, any of the bulltards... waiting...

Wait a tick! It's September!

Isn't GABI supposed to be investing billions of dollars into bitcoin right now? Don't tell me that it was all just more bullshit from the regular gang of hold-tards.

Fortunately, hardly anyone is interested in bitcoin anymore, and there are very few new comers. When a commodity drops in value consistently all year, that tends to happen. So less people that can be persuaded by the snake oil salesmen here, which is a good thing.

fallllling and I warned you all! There are too many coins flooding the market and no buyers. Cut your loose now! We're only hanging by a wire to the current price level... the 2013 bubble will continue to deflate until we are <$200 again... maybe even worse. Don't listen to guys like Risto... they are only trying to sell their holdings to you!

I trying to help people here, I don't care about buying back. Until I see a strong indicator that the bear market is over, or some new innovation is in development, I am out! I have been out since July, when price was still >$600.

For weeks I have warned you all about a price floor collapse, and people have scoffed and abused me. Some asked my help, and I provided it. Now they have cut their loose, and they will be OK. Don't listen to the echo chamber... market fundamentals have changed since 2013 and bitcoin is no longer a major player in the mobile payments market!

Only a maroon would invest their money here. Bitcoin continues to make lower highs and lower lows, to the point that $475 is supposed to make us excited now?  



Cut your loose now! That's my advice.

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

It increases usability for holders, not mainstream shoppers online. Bitcoiners BEGGED paypal to accept bitcoin, so they have relented. It makes sense, why would they turn down a plea from people to take their money?

Yes, you're right!! SPENDING is easier, but still no reason for people to buy!

And banks already perform conversion on your behalf. What's your point? I can use my US credit card to buy stuff in other countries, with zero exchange fee. And if my card number is somehow stolen -- which has never happened -- I can call the bank's fraud department and I'm not held accountable.

...

Did you just hear that sound? It's all the bitcoin-tards screaming out in terror as the last paragraph basically destroyed the myth of bitcoin's "advantage" over traditional payment models.

Some of you people seem to believe that one government issued currency can't be spent in another country. Are you really that dumb?

Only in bitcoin land would you hear something like this...

• "Ease of use"

Right, because buying bitcoins from coinbase after providing all your bank information or meeting a stranger on the street to make a cash transaction is real easy (and safe). Not to mention storing them securely.

• "Fees"

Coinbase, localbitcoins, etc, all charge fees and mark ups. I have not been charged a bank fee of any type in ages.

• "Privacy"

Bitcoin is pseudo anonymous, at best.

• "Security"

you must be trolling us now

• "avoiding international restrictions"

are you buying nuclear weapons from Iran or something? what the hell.



tl;dr unless you like to come to bitcointalk and day dream with other like minded fools about easy riches, there is no practical reason to buy bitcoins.

This Apple pay service looks good, very fast transactions (not waiting around 30 minutes to buy your buckwheat smoothie while the vendor waits for the transaction to confirm) and best of all, your credit card number is completely safe because it is encrypted in the software, and Apple uses a one time randomly generated pass for each transition. Even if you lose your phone, your credit card number is safe.

tl;dr .... basically, every perceived benefit of bitcoin has been destroyed

I have a feeling we'll see Shroom Kit here soon once dump occur. "Idiiot Dumpers! Just hold and price go up!!" 

Are you ready to break $460? Next will be final capitulation. You have been warned since $680!

are you ready for $460 again? bitcoin is going nowhere but down... you have been warned since $680. soon we will reach final capitulation. do not buy into any false recoveries and cut your looses before it's too late.

falllling cut his loosses at $680, and he warned all of you. he was correct and fortunately has helped some others cut their loosses too.

lmao! The bulls here are getting desperate to silence anyone who doesn't agree with their ridiculous ideas, you should know that.

Bitcoin has been falling in value all year and they don't want to be reminded of that. So ban anyone who doesn't agree!

I thought Wall Street was back from their beach vacations now. Everyone told me the price would rocket after they came home.

Did they extend their vacations? What gives?

Can't tell if trolling... or just stupid...

Do not buy into false recoveries... bitcoin is heading down down down. Soon we will be breaking below $450 again, believe it.

It's absolutely hilarious that the only person here who has been consistently right about the price movement for the past couple months -- fallllling -- was banned and his posts deleted.

It really is true... you can lead a horse to water, but you can't make him drink.

Careful then.. you might get banned too

We're seeing the "anger" stage right now. Butt hurt hodlers are lashing out at the bears, but really they have nobody to blame but themselves.

I saw the writing after the failed rally in May and cut my looses while we were still above $600. Why others didn't... blind faith, I guess.

So are you going to ban him too and shamelessly attempt to extort money like you did with the other bears? Must really upset you that they were all right.

my god...

Bitcoin is now a punchline in China... they are saying, man who spends his family's money on bitcoin eats cold rice

Do not buy into any false recoveries. I've told you this every time, and I'm always right.

Bitcoin is going down down, to the final capitulation.

Why are we hanging around $400 now? Prices are way too high still. Last winter, $400 would have sounded good... but a year of bear market later, $400 for a digital token sounds like a joke. Nobody will be buying at these prices!

Given the market sentiment, the "true value" should be no more than $250 right now, so we still have quite a ways to go.

  Being called "stupid" by this clown  

I've been right about the price in every single statement I've made, and you're never far behind to tell me I'm wrong, this is a great buying opportunity, etc.

Seriously, do you have some kind of brain damage, or a memory problem which prevents you from remembering anything you said more than 24 hours ago? Because how you can call me stupid... lmfao.

Bitcoin's fundamental technology hasn't changed, but it doesn't matter anymore. The mobile payment market has changed radically in the last year. Consumers can now carry their wallet with them on their NFC enabled cell phones or even their wristwatches. Tell me again, what incentive will they ever have to convert -- for a fee, no less -- to a volatile digital token which can be easily stolen or lost if they're not a network security subject matter expert?  

But.. but... Chuckee! The dollar is doomed! Once it crashes, everyone will buy bitcoins to protects their wealth!

lmao. First of all, there is no economic meltdown looming. The US government can write itself IOUs for decades to come. If you're waiting for this to happen, you're going to become the skeleton guy sitting at his keyboard.

Second, when it does eventually happen, people will turn to the same assets that they have for thousands of years: precious metals. They don't want digital tokens that have no intrinsic value outside of a computer.

But keep holding, and telling yourselves that your beanie baby coins are going to be in huge demand again someday. Suckers are born every minute, and we need you all.  

So many dumbasses about to get burned again when this dump dries up. Damn, you guys never learn do you?

What the hell is going on? This shouldn't be happening.

WHY IS IT STILL GOING UP???!?!?

do not buy into any false recoveries. this must be the bull trap before final capitulation!

you were warned from $680 to not buy into any false recoveries. you were warned again at $450 that bitcoin is going nowhere but down. cut your looses before it's too late!

No don't say a dump is coming. Only post wonderful things about bitcoin in this thread, or it's "off topic".

So without further adieu, here's my latest estimate of bitcoin price forecast, based on my longterm trend line. Thoughts?

2014: $450
2015: $2600
2016: $12,000
2017: $57,900
2018: $236,984
2019: $1 million

I tried to warn you all (again) about this drop on Friday, and I was promptly banned for my efforts by the mouth breathing mods here. Fortunately, Reddit is a bit more open to having an adult debate, and some people took note there and got out while they still could at the $400 level.

Everyone here hates me for being pessimistic about bitcoin this year (and for always being right) but at least I can say that if you had your money in bitcoin, you've done better today than putting it in the stock markets. Holy shit, I just can't fucking win.

Anyone notice that risto has been quiet lately? I guess he's picked up the carpet bag and is on to his next swindle, now that monero also proved to be a pump and dump scheme.

"rpietila Calling the Bottom"
https://bitcointalk.org/index.php?topic=740394.0



Sad that a few people here actually still listen to this guy.

The fact that it's now sitting at $1 USD a coin isn't proof enough?  

It's dropped in value significantly since risto started promoting it heavily.

Hi, fallllling. 

Cut your looses now before it's too late!

What happened to the post that this was in reply to? Are the mods deleting bearish posts again?

  In what kind of market do people silence bearish posts just because it doesn't fit their opinion? This place is a joke.

Almost <$300 on BTC-E now! Gosh, were the "trolls" right yet again? Should have listened to fallllling and his associates... yet again!

Well said 

Here's the thing about the bitcoin bulls. Basically the extension of their hope relies on the follow principles:

1) bitcoin fundamentals have not changed.
OK, but if people are not interested in these fundamentals, it doesn't matter if the protocol "works" or not. The betamax fundamentals still work, OR HD-DVD, but people chose other protocols for various reasons.
2) bitcoin is a new technology
doesn't mean anything. the virtual boy was a new technology, but nobody wanted it, despite a small niche of fanatic gamers.
3) There are many "bitcoin pregnancies" waiting for maturity.
Look at above two points. And now, bitcoin has lost 70% of value in ONE YEAR. Nobody wants it! And unlike 2011, we now have merchant adoption, so basically, bitcoin's potential is already "maxed out" or very close.

Some of the bulls take these points and add mathematical terminology, long term trend lines, and avatars of themselves in suit and ties to make it look all polished, but anyone with functionable brain can see it is wrong! Looks like fallllling and his wise associates right from the start!