Bitcoin Forum

Economy => Speculation => Topic started by: Warren Buffett on April 14, 2015, 06:41:08 AM



Title: Expectations built into the price
Post by: Warren Buffett on April 14, 2015, 06:41:08 AM
I noticed that the price was going down today, so I googled 'bitcoin speculation' to go on this forum to read people's opinions. Then I saw this and actually loled irl:


http://i60.tinypic.com/4zxpmx.png


This is the kind of deranged hopes and dreams that are built into the current price. It makes me think that the worst of this bear market is yet to come.


TL;DR: Sell your bag ASAP.


Title: Re: Expectations built into the price
Post by: Fabrizio89 on April 14, 2015, 07:49:02 AM
Ahahah, well to be fair trading btc it's the opportunity of a lifetime. Hope this volatility lasts long enough.


Title: Re: Expectations built into the price
Post by: Amph on April 14, 2015, 08:05:26 AM
nothing to worry about, at worst case it will fall at 160-180, value that has already been seen, and i didn't "panic selling" there, why i should now?


Title: Re: Expectations built into the price
Post by: merve10495 on April 14, 2015, 08:12:13 AM
nothing to worry about, at worst case it will fall at 160-180, value that has already been seen, and i didn't "panic selling" there, why i should now?

If anything these low prices will bring new investors and casual bitcoin members into the competition as the prices are a little cheaper to purchase BTC with fiat.
Which will increase adoption.
I know personally I've got 4 friends that are very keen to jump into Bitcoin when the price is right and it's just about there for them.


Title: Re: Expectations built into the price
Post by: manselr on April 14, 2015, 05:40:20 PM
I noticed that the price was going down today, so I googled 'bitcoin speculation' to go on this forum to read people's opinions. Then I saw this and actually loled irl:


http://i60.tinypic.com/4zxpmx.png


This is the kind of deranged hopes and dreams that are built into the current price. It makes me think that the worst of this bear market is yet to come.


TL;DR: Sell your bag ASAP.


Another no-coiner that is either a Warren Buffet nuthugger (possibly given your name) or the same FUDer creating new accounts to try to make the price go lower to get in as low as possible.


Title: Re: Expectations built into the price
Post by: ashour on April 14, 2015, 06:11:09 PM
The price will still fall in the following days but it's not something really important. Just wait until the  block halving  in 2016 hits, either the price will skyrocket or the mining hash rate will be cut in half. Bitcoin crashed many times in the future but it did skyrocket many times as well. The bitcoin price is really interesting for speculation since it go up and down many times in the past and will probably do the same.


Title: Re: Expectations built into the price
Post by: spazzdla on April 14, 2015, 08:17:15 PM
Your prediction will not come true and no.  It's my bag come and take it :O!