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Title: Stop the Panic! Post by: bitcats on August 19, 2012, 11:14:08 AM There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week.
Not pirate is responsible for the current crash but the amok runners. Stop the panic! Title: Re: Stop the Panic! Post by: Comodore on August 19, 2012, 11:16:26 AM Yeah the panic is here. Sell all your bitcoins now.
Title: Re: Stop the Panic! Post by: ThomasV on August 19, 2012, 11:16:36 AM There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week. Not pirate is responsible for the current crash but the amok runners. Stop the panic! why? there's no need to stop the panic, because Bitcoin is still the same awesome, safe and ingenious thing it was last week. the panic does not decrease the value of Bitcoin Title: Re: Stop the Panic! Post by: 420 on August 19, 2012, 11:19:50 AM OMG THE DOLLAR JUST GAINED 30% in value as seen from the recent exchange rate vs bitcoins going up!
Title: Re: Stop the Panic! Post by: ribuck on August 19, 2012, 11:22:57 AM Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you. Title: Re: Stop the Panic! Post by: 420 on August 19, 2012, 11:25:13 AM Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself. The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you. +1 thousand Title: Re: Stop the Panic! Post by: drakahn on August 19, 2012, 11:26:42 AM WHATEVER WE DO, WE CAN'T PANIC! ARRRRRGHGHGHRGHARGHRGRRRHGHGHGHHHH!
No but seriously, we were expecting some downwards motion before pirate announced anything, some guessed a bottom as low as $8, but don't worry, after a quick refuel we will be back on course for the moon Title: Re: Stop the Panic! Post by: Electricbees on August 19, 2012, 11:29:39 AM Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself. The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you. Thank you for spelling this right. Seeing too many people spelling it "Panicing" or "Panic-ing." This bothers me. :P Title: Re: Stop the Panic! Post by: bitcats on August 19, 2012, 11:32:31 AM Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself. The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you. Sorry but an exclamation mark and a bold type is definitely no sign of panic :D There is a essential difference between deliberate trading and panic trading ! Title: Re: Stop the Panic! Post by: 420 on August 19, 2012, 11:33:28 AM Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself. The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you. Thank you for spelling this right. Seeing too many people spelling it "Panicing" or "Panic-ing." This bothers me. :P I'd like the letter 'c' eliminated from the alphabet Title: Re: Stop the Panic! Post by: bitcats on August 19, 2012, 11:35:14 AM the panic does not decrease the value of Bitcoin Good point. Not the value - but the price.Title: Re: Stop the Panic! Post by: 420 on August 19, 2012, 02:00:21 PM I'd like the letter 'c' eliminated from the alphabet Off topic but you might like this:http://www.g3npf.co.uk/humour.htm#euregs Sorry for off topic. PANIC, SELL EVERYTHING, WE'RE ALL GONA DIE IN POVERTY!!! Kickass and gives me sorta deja vu but only half ass Title: Re: Stop the Panic! Post by: mobodick on August 19, 2012, 02:23:03 PM I'd like the letter 'c' eliminated from the alphabet Off topic but you might like this:http://www.g3npf.co.uk/humour.htm#euregs Sorry for off topic. PANIC, SELL EVERYTHING, WE'RE ALL GONA DIE IN POVERTY!!! Wat ist so funny about zet? Title: Re: Stop the Panic! Post by: justusranvier on August 19, 2012, 02:31:00 PM Who cares about the exchange rate? Just use Bitcoin as a payment processing tool and you don't need to worry about it.
You are adding actual value to the economy by producing products and/or services that other people want to buy instead of hoping to get rich from gambling (speculation), aren't you? Title: Re: Stop the Panic! Post by: Maged on August 19, 2012, 05:57:13 PM There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week. That's the problem. It's also "the same awesome, safe and ingenious thing" as it was a few months ago. Why is it a problem if the price goes back to those levels? Ask yourself, what fundamentals (since it seems that's what you believe in) were behind us going up from $5 in the first place? Title: Re: Stop the Panic! Post by: AndrewK on August 19, 2012, 06:19:04 PM Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
Title: Re: Stop the Panic! Post by: FreeMoney on August 19, 2012, 06:56:46 PM There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week. Not pirate is responsible for the current crash but the amok runners. Stop the panic! Also, just as awesome as last month when the price was... about what it is now. Title: Re: Stop the Panic! Post by: Domrada on August 19, 2012, 07:27:50 PM Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist. I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open. Title: Re: Stop the Panic! Post by: istar on August 19, 2012, 07:49:43 PM Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist. I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open. Thats why this was pulled off right now, so there would be less competition in buying cheap. Title: Re: Stop the Panic! Post by: Fluttershy on August 19, 2012, 08:22:00 PM Let the fools panic. The smart people will always profit off them.
Title: Re: Stop the Panic! Post by: BlackPrapor on August 19, 2012, 09:03:35 PM Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist. I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open. Thats why this was pulled off right now, so there would be less competition in buying cheap. From now on, I'm keeping USD on MtGox on every freaking weekend, to make sure I profit from this kind of stunt too =) Title: Re: Stop the Panic! Post by: the_thing on August 19, 2012, 09:30:31 PM Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist. I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open. Thats why this was pulled off right now, so there would be less competition in buying cheap. From now on, I'm keeping USD on MtGox on every freaking weekend, to make sure I profit from this kind of stunt too =) Title: Re: Stop the Panic! Post by: BTC guy on August 19, 2012, 10:24:32 PM im not worried. we've seen this before. we always bounce back.
Title: Re: Stop the Panic! Post by: lebing on August 19, 2012, 11:36:20 PM OMG THE DOLLAR JUST GAINED 30% in value as seen from the recent exchange rate vs bitcoins going up! +1 lol (but more like 100%) Title: Re: Stop the Panic! Post by: bitcon on August 20, 2012, 07:54:29 AM i didnt panic. i bought 440 BTC @ $8 and made a little over $800 today. not too shabby for a days "work" ;D
Title: Re: Stop the Panic! Post by: johnyj on August 23, 2012, 11:48:56 AM In the panic time, people seek security, and the price of most secure currency gets lifted, so BTC is still not considered as a currency more secure than USD, if people buy BTC when there is a panic, then it will mean BTC has gained its foot
Title: Re: Stop the Panic! Post by: Domrada on August 24, 2012, 01:23:16 AM |
