Bitcoin Forum

If you look in the ANN thread of just about any alt coin whose price has been falling for any appreciable length of time, there will always be one guy (sometimes more) who claims that whales are driving the price of their favorite coin down so they can get in cheap. Of course there is no whale driving the price down. There just aren't enough whales in crypto to drive the price of almost every altcoin down at the same time (there are other reasons as well why whales aren't driving the price down, but that's not the subject of this thread). This is just one of many lies that we tell ourselves to make us feel better about our losses.

What are some of your favorite lies that bag holders (or maybe you) tell themselves to make them feel better about a coin that's losing them money?

My favorite is when they blame trolls for all their problems. Sometimes they will even leave BCT and start their own forum. They seem to believe that will stop their price from going down.

Not here for the quick buck, hodling long term  ;) ;D

If I only had a quarter for everybody that I've heard say that. Or even worse, that they are not in it for the money at all. I'd have a lot of quarters. :)

Cheap coinz!!!1 ::)

Some talk about how undervalued the coin is and then point to the market cap of Doge.

When I'm researching a coin, I'll go through the ANN thread and if I see the comments "Cheap Coinz!!!", "Chomp, Chomp, Chomp!", or anything like that, it raises a red flag in my mind and I will rarely invest in that coin. Definately a danger sign.

That is mostly true. A pure hype attempt. But you sometimes really like a coin and have some spare bitcoins and you prefer holding even the price drops. I am sure each of us had such a experience. ;D

You nailed it. The biggest and most often used lie of the bagholder.

In a free market full of FUD and hype its often difficult to distinguish If ones a bagholder or not.
I've seen alot of coins become popular and go to.. Leaving "bagholders" wondering if they'll ever get paid..

Sad state of crypto. I myself have been a bag holder in the past.

I think there are bargains out there, but they are few and far between. Look for coins with active/innovative development, strong communities, and ridiculously low prices. Diversify across a few of those then work to better the currencies you support.

dont rub it in  :'(

if you like cryptos you will bag hold as future promise

After we get cheap prices for our favorite coins for a while, then a while longer, I tell you that my favorite coins will shoot to the moon after the next block reward halving!

A dump doesn't matter in the long run

Thx for the cheap coins. Omn nom nom

I bought more on this shakeout


 :D

"It's safer than a Swiss Bank Account!"

Just look over the threads of some of the latest coins with the "mighty" masternodes and you will probably find few new expressions.

Bear/noob trap! It will go to da moon next week!

...and an old classic: LTC on Gox in two weeks!

But i like the "Cheap coins!" stuff too :).

"This so and so coin will gain adoption... etc etc.." Then they proceed to flame you for making them realize that their bag holding and they also blame you for the coin's downfall because "you're not doing your part"... Wut?

Also, "the tech is better than every coin out there, so it will rise soon".  LOL

Lies (Butthurt) Bagholders Tell Themselves...

"My butt doesn't hurt that much. Now excuse me while I bend over to pick up some more coins form the trading floor"

Howabout lies that devs tell their bagholders:

"Its OK guys, we're about to publish a roadmap that details when our whitepaper and plans for integration are going to be released... Stay tuned!"

"Its so-and-so's fault for FUDding the community. If there wasn't so much FUD, this coin would be the next bitcoin by now!"

"We've recently implemented a new anon mixing and encrypted messaging service."

How about staying on topic or starting a new thread with that as the subject instead of posting it here

I consider this shit coin a long term investment.

"I believe it has a future"

"Money is not everything in the world."

"It is good for all in the long run"

"You need to start working on a clear plan and timelines so that people start looking forward instead of complaining of things that didn't go like we all wanted to."

"You need to promote this feature and I'm sure this baby will boom! "

"I think a tipbot on irc channel to build community is the best investment."

"guys are jealous right now arguing that this is only hype to pump the price but they not realize how undervalued it is right now, even in relation with the supply vs demand, if this project achieve the feature milestone then is checkmate"

"There is no "us vs. them" in the project. We're a network. All are welcome!"

"X is sooooo much easier, quicker (you don't need to download a mega blockchain cos you can connect to a third party node) and more userfriendly to newbies than some other coins out there."

"i do think it's important to not be entirely dismissive of criticism, even that of which may appear as fud or trolling"

After the dump you always hear the "Weak Hands" argument and how it's good they are gone.  But in reality it was "Smart Hands" selling before they got dumped on and ended up being bagholders.

"If you actually believed what you just said you wouldn't see a need to continue your crusade anyway."

The X stands for Xem/Nem  ;D

This thread is gold!  Don't let it die.  We can go to Announcements subforum and quote the people themselves.  ;D

"Dev hasnt logged on for 8 months, but he be back, he be ok, we going to moon don't worry."


"Buy cheap coinz! The whales are accumulating thats why the price is so low and why we only have $10 trading volume!"

"i'm your new dev everythings going to be alright, btw does anyone know a coder"  :o

i think the coin that is nice to baghold is clams
because they stake good and the owner of it is a trust worthy person

Try to google by yourself   :)

Switzerland was once a safe haven. That is no longer true today - Telegraph
http://www.telegraph.co.uk/finance/economics/11349597/Switzerland-was-once-a-safe-haven.-That-is-no-longer-true-today.html

Swiss banks not safe anymore
http://www.marketoracle.co.uk/Article28002.html

LOL


Let me add few,


"With community support, we can find another/ new developer and this coin will moon for sure"

"Coin has got a nice community and this will be the next doge/ dark/ crave"

"Come on guys lets donate for the next feature/ developer"

"How about some charity?, lets do it"

"Wow, I'm holding % supply of this coin.. once this coin moons, all my previous losses will be compensated and much profit"

"We have a whale and this coin will surely pump"

"Oh shit dumpers, I am going to buy all I can and hire a developer"

Read this!  http://cointelegraph.com/news/114241/altcoin-digest-10-coins-that-cant-be-neglected-op-ed

LMAO!  Although there's a couple of coins there that should be given a chance...

- Darkcoin Pumpgroup invested in this coin

- This coin is POB (Proof of Bobsurplus)

- Don't hold your coins on bittrex. Send it to your wallet and stake it

If you're waiting and buying at lower prices,  and being labeled a "bagholder"...  how are you supposed to buy low?

To me the term bagholder is used too much and only attempts to make people sell out whenever prices go up, causing volatility.

This isn't what the crypto markets need.   To death with the term bagholder!

If I had a bag of 10 lbs of gold, is it bad to be a bagholder?

If gold were worthless, yes. It would be bad to be a bagholder.

You don't seem to understand what a bagholder is.

http://en.m.wikipedia.org/wiki/Bagholder
http://www.investopedia.com/terms/b/bag-holder.asp
http://www.urbandictionary.com/define.php?term=bagholder

Just substitute "coin" for "stock" and you'll get the idea.

Bagholders will say that whales are still accumulating or fudders have destroyed the price of a fallen altcoin.
It will take some time for the coin to rise back again which is very unlikely.

yeah like wtf is it a currency or a mission to mars  ???

Sorry your coin projects cost you more money than you made from them. But that's not my fault. How about you stop pretending you're the topic police?

"If volume comes back and the wallet functions again I'll be rich"

The biggest one of them all is..
"I can get out out before it crashes."

I'd say 99% of you all know these are worthless stupid Ponzi tokens used as nothing but a vehicle to make money.
And you ALL also know the pattern.. P&D etc.
So you all think your smarter than the wolves preying on us all and think you can get out in time with a profit..
Not likely.. if you stay in long enough you will go broke.
I made my money and walked long ago.. when I cashed out I was up a good 10 to 12k with not a cent invested so I am more than happy.
I am not naïve or cocky to think I am smarter than the Bob Surplus's etc.. if they want your money bad enough consider it gone.

But you all got it covered excuse wise.. good job guys & funny stuff hahha

"It is good news, we now know that (dev) is alive"

"Its the middle of the night in China so you probably won't hear back for a few hours. Deposits and withdrawals of (x) often sit in processing for hours for some reason. Right now they are probably updating the new wallet and syncing, which takes a long time."

"The (x) devs are not flashy and pumping (x), they are quietly working and making improvements."

"I BELIEVE that we will see steady progress upward."

"Much depends on the whitepaper which is coming around soon. If it holds what it promises than we will see upgoing trend."

"(x) will be the new era of our time the time is now !"

"(x) team is paying people to FUD on (x) thread and against them."

"all the time you mix cryptocurrencys with tradtional companys"

"This kind of innovation will turn heads. "

"He cant just pocket that and say project over."

"there still is some chance in this project..."

"Not necessarily a bad thing that they sold out"

"This coin needs OPTIONS. Additions. If it will do more, it will worth ALOT more considering its history, and when the BTC rise arrives, we are looking at the old price or even higher. But we need something like.... instant transactions DASH style"

"We will all be looking forward to the release on ios!"

"I am very interested with the anonymity of (x) technology."

"It is really cool because it provides a high level of privacy while keeping the same mechanics we are used to with BTC."

"I'd say this is a success so far"

"Please give this Coin a chance. A new game means a new chance!"

"People with that kind of hash power available tend to just mine for a short period and get a lot of coins and then move on. It's a really good tactic overall, but they probably only go for coins that they think may have a good chance of making it somewhere since it still costs them a lot to run their powerful rigs. So (x) can be worth a nice amount soon"

"i think it could be worth about 6-7k sats maybe more depends on the devs work indeed"

"yup - the open source community is MASSIVE now"

"I've actually gone from all Apple / Microsoft to some Microsoft and mostly open source now. Can't see me going back on most things. "


:D

I love when my bags are on the "cutting edge" of anon. Those ones are juicy.

Hopium for bagholders. He is back  ;D

http://www.reddit.com/r/BitcoinMarkets/comments/35yvyy/fontas_in_tradingview_chat_w_signed_btc_address/

It's the bots that keep selling  ::)

HODL  >:(

Miners have to pay for their cost of electricity so they dump :'(

Nice combo of delusion and projection in so few words. Bravo.

Now go back to paying me with your losing trades you pauper   :-*

My absolute favorite line is "you haven't lost until you've sold"

The one I always tell my wife when she says to me: "so you pretty much lost X thousand dollars" is "give it a year, I promise you I was correct."

You are so right. I guess that's one of the main reasons that they don't sell and get into a better investment. They actually think that they haven't lost money until they sell. Good one.

Here's some actual quotes for you guys from the Propayments thread which should give you more than enough hilarity https://bitcointalk.org/index.php?topic=1010533.0

"That exchange was full of whales holding down the price, so we're better off that XYZ exchange dropped us."
   

Hahahaha!  This one made me lol hard.

average joe will only go after innovative coins

even if the innovations extremely complicated average joe will learn to adapt (actually told to me in a debate with a ripple big wig).


(cause you know the fiat everyone uses is so fresh and innovative  ::) )

Innovation in crypto is highly over-rated. In the short-run, innovation means nothing, and in the long-run... Well, we haven't hit the log-run yet. Who knows.

If a dev can come up with a coin that will make my coffee in the morning and lower the toilet seat after I use the bathroom so my wife doesn't get pissed off at me, I'll buy as much of that coin as I can afford. That's real innovation. But short of that, innovation doesn't matter.

sign me up for the coin that stops the wife getting pissed off LMAO

^

This.

Many people talk about innovations, but the truth is that we can add it to the list of lies, which bagholders (because they are mostly buying promises and they eventually become bagholders) tell themselves.

- Buy now. The masternode dev is working hard

- Only 2BTC to double the price. Hodl

In a financial slang, a bagholder is a shareholder left holding shares of worthless stocks.
Coins are not stocks, but if we call somebody 'bagholder' we need at least prove that his coins are WORTHLESS.
In my opinion, coins that are collectables like, cannot be worthless. They have their price.
But which coins we may call 'collectables'? Only first old altcoins, pioneers (launched till 2013 and a first half of 2014 maybe, before coins big bang).
Other criteria are a listing on a good exchange and a name.
Collectables are not worthless, and they are not equal to penny stocks.

Lies to tell themselves? Maybe that NEW means COOL.  

Both requires technology/programming innovation

unless that innovation involves a simplification of bitcoin then all innovative new coins are a con or a fail (if devs are geniune). thing is here most use the innovation line purely to sell snake oil.

which brings me to the other big lie;

"its new code so its a coin 2.0"

being new code does not automatically make it better then bitcoin

I need to defend this wall of resistance from the dumpers here.

"I am continually and deeply moved at how honourable and gracious our community is. People are direct competitors, yet everyone backs everyone else. This is utterly surreal, seriously, it's beautiful."

"what took you so long we have been wait forever for this coin"

"Prob a piece of shit but I like the logo so Im in! Good luck guys!"

"This coin will going to higher than Crave. Just look at it: 2 hours on C-Cex. Tomorrow: Bittrex. Look at the dev skills on the first pages... This will be high."

"We KNOW this crypto game is retarded but as long as everyone is still participating I am fine with continuing to make money."

"has anyone at all checked the code for hidden premines/super blocks? If so and it's safe report so I can buy some."

"Mucho doge. doge moon. yep yep.. doge moon. much doge money profits much wolong doge woof woof,"

"well i hope someone in the future produces physical x coins because i am very interested in buying but  thanks for the tips."

"Also, you should see if you guys can get a set of sponsored forums on the GetHashing forums"

"I'm going to dual boot my PC with Linux when I have some time to do it.  Should make things a little easier..."

"the fud and trolling on the thread was so overwhelming that a break was needed to release what was looking to being closed to wrapped up 2 weeks ago."

"I'm sure it'll be awesome."

"Really good to see that some people are dedicated to x and donate an amount they could spare."

"Some more such cools apps along with good promotion will boost x"

"Please take x project more seriously since you have been paid out a lot from ICO, which is not your own money. "

"x's thin orderbooks mean that it is susceptible to market manipulation and large price swings on low volumes. If we can gradually increase value ahead of the major tech releases, that would be good."

"Tomorrow's headline: "IBM acquires xbridge technology; becomes Blocknet-enabled." "

" I also believe there is something much grander to be realized in the advent of so many new coins with master nodes. "

"x was a unique concept when it came out with lunar cycles as mining periods if I get that right?

"Potentially x is completely decentralized"

"Good. Bittrex is a manipulative exchange and I wouldn't trust them with peanuts. At least it will reduce risk exposure."

"For the record I do not promote any illegal activity, just discussion about it"

"Crypto is about let the people control the economy instead of banks and governments. And this will help poor in the long term. It will help everyone."

The work that goes into the creation of a new coin isn't easy (except from a fork of course) and requires some acedemic knowledge.
Here you can find an example of difficult math calculations (https://drive.google.com/file/d/0B7wAe2jt1MMzYVJhUUFnMHQxZ1U/view) and other stuff.

*edit: It took them more than a year to develop

I like that quote from me lol

Except that it's factually wrong to call that one because you would want to branch out among other forums rather than stick just to Bitcointalk and get drowned out by the noise, nice try though.

If you know you are bagholding and fine with it then there is nothing wrong with it but you must also assume that it may drop in price or be worth nothing at all.

lol, just picking the ones that I can relate to.

if I can remember thinking something along that line at some point and it was something that i lied to myself about, i put it here :D

little greedy of me i guess, not trying to offend, just laugh and remember.

lol, I guess it hurts a bit when the shoe is on the other foot, I also used some direct quotes :P

that one wasn't so much quoted for the idea behind it, more that, when I said something similar, I said 'we should see if we", implying that anyone besides myself should make the effort.

"WOW, the whitepaper seems to be one of the most in depth ones that i have read!
Alot of it is way above my head, but i get the general idea of what its conveying, ive got alot of reading to do!"

- Its not so much insider trading as insider hodling

"Can't wait. this looks real cool to mine. I have a bunch of scrypt miners so this will be a good use for them. "

Here's an epic one.

Ya man, Pros are the first ones to get out. (You can always get back in).

My favorite is a "there are XXXX people in slack" = actual development...
What it means, at best, is that the project is sooooo far behind that the Devs have gone underground...
(See Storj and SuperNET and zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz...)

and how in any way shape or form does that automatically make it an improvement bitcoin (which claiming 2.0 tries to elude to) or even means anything of value was created  ???

seriously just doing work doesn't mean you created something of value, or even something that should be rewarded.

you could go out into your backyard and dig holes and fill them up, do a hell of alot of hard work but nothing really achieved or deserving of reward.

in software literally billions of dollars of man hours have been wasted on vaporware.

so i stand by my statement that;

"its new code so its a coin 2.0"

is a big lie bagholders tell themselves (and everyone else).

"at least my losses are going to a good cause"

Its like statements like "good things come to those who wait"  or "he who waits, loses" ?

My point being, I don't understand exactly what bagholding is meant to be.

bagholding or dollar cost average accumulation?

Here's a goldmine https://bitcointalk.org/index.php?topic=731471.0

If you are holding a large number of a "good" coin, one that has some value, you're not a bagholder. If you hold a number of useless or worthless coins (or a coin that's headed in that direction and has almost reached it's destination), you're left holding the bag. On the other hand, if you simply bought high (e.g., Vericoin @ 55K or Blackcoin @ 100K), technically you're not a bagholder. You're just screwed. In crypto, however, you're still considered a bagholder by most.

If you're dollar-cost-averaging a worthless coin, you're still a bagholder and "I'm dollar-cost-averaging" becomes a lie that bagholders tell themselves.

"Happy Birthday x. You have come a long way in Crypto in a year."

"There is much going on behind the scenes guys, make sure you are all prepared."

"Profit???They must be stupid if they taken profit at this level.No isn't profit .Some peeps give up and dumping.Well..I will buy from them"

"The ShadowMarket will appeal to much more than traditional "darkmarket" users..."

"Libertarians, AnCaps & Agorists would LOVE the opportunity to be able to buy & sell goods on a completely secure, decentralized, anonymous, TAX-FREE market."

"This is the Holy Grail of Agorism."

"I agree with you 100%. While I could personally care less about the drug markets or anything of that sort."

"People should have the choice to buy whatever they want as long as they aren't hurting anyone else."

"A cryptocurrency and a payments system are as different as a herd of cows and a livestock vehicle."

"there's a huge amount of cryptocurrency-related subjects to write about"

"cryptsy listing is imminent! "

"I think the only language spoken is a reasonably silent one, defined more by actions than words, which include increasing the size of the right colored bag."

"They said in around "2 weeks" x will be launched. So probably in something between 1-2 months?"

"The only way to avoid that dilemma is to close your mind to new ideas and only notice them for the 1st time when they're part of everyday life"

"I'm proposing that we start a new support thread"

"Obviously we're not going to do this without the consensus of the community"

"I think maidsafe will hit testnet 3 within two weeks."

"I think we're falling into the trap of being so busy that we have a clear view in our minds but not doing enough to tell people about it. "

"Franchising is one of the biggest business drivers in the USA."

"As of now I'm back on the job and will be presenting some fun and interesting plans for x growth and development along with some investment opportunities that will guarantee a return of 30% or more"

"We are programming the dragon.   The Phoenix."

 :P

Here's another thread that could become a goldmine https://bitcointalk.org/index.php?topic=1063390.0

Link to post https://bitcointalk.org/index.php?topic=1066676.msg11431100#msg11431100

I know you like to think no coin can ever replace Bitcoin and that is why you are constantly posting threads to find the next P&D to increase your Bitcoin holdings, but that's the same myth of inevitability that Hillary supporters touted before Obama took Iowa in the primary. So laugh at my thread and feel secure in what inevitably will come from media hype and a stronger initial monetary support, because there's no way a better candidate for e-cash will come in with better anonymity and scalability....that can never happen.  8)

A few years from now the "bagholders" as the OP has described them might be having the last laugh.

Bitcoin won't remain king forever and there's room in the world for dozens if not hundreds of successful alternatives to the original.

He MicroGuy is your coin still working for you, or have you started working for your coin.

You're right. Bitcoin will one day be dethroned, but most of the altcoins out there have no chance of being the one to do it. There are a few good ones out there though

It's not even about 'Bitcoin being king' or 'so and so coin will replace BTC'.  It's about the funny things and lies bagholders tell themselves when holding a losing investment.  It's not only in crypto, there are a lot of the same people bagholding junk penny stocks as well.

Never spend what you can't walk away from. If you buy big bags be sure you can keep them or dump them no matter the loss or you will own them forever.

good one for sure but it is sort of true though LOL

Not really. A loss is a loss is a loss is a loss. Selling does lock the loss in, but it also frees up your money so you have a chance to make another investment and make your money back (or lose some more).

I have been shrewd and the key word is patient when others have panic sold so yeah I am right and I know it.
And I have the profit to prove it while others were crying they got burned so yes when you sell is paramount / tantamount ?
Most get high early and then dwindle away to shit all etc so if you sold early most times you'd be ok.
So generally speaking *most of the time I'd say yeah on that "quote"
Key issue is many guys hold super long term thinking Doge coin is going to be $10 a coin one day or something
so if you had sold earlier you'd be ahead of course right ? see what I am saying ?

Smart trading practices only come with time, you would make more by waiting for proper buy and sell signals. Taking DogeCoin for instance there has been some big bottoms and some nice tops so by being patient and finding those points you would end up making money.

In general "you haven't lost until you've sold" is the excuse people use when they are down a lot with no hope in seeing any ROI and don't want other people to panic sell and make their own investment worth even less. They hold and hold and hold until it's worth nothing because they are focused on where they price was when they originally bought it, it clouds judgment and they miss those trading opportunities of panic selling/buying.

My biggest gripe in general is when Coins have been around for a while and people refer to a Coin in a way that one person owns the Coin. While this may be somewhat true if one or a couple people hold a large amount of Coins but for more established Coins it has the effect that people are waiting for everyone else to do the work for them. This is absolute shit because anyone can take over a Coin and literally change anything about it, if you are holding onto a Coin and want to see it go up in value then you should be doing what you can to help make that happen AND learn everything you can about sourcecode and coding. Please stop whining and complaining about the bags you are holding and get off your ass and do something about it, you have the power to do it but aren't because you are too lazy and wasting your time blaming others for your own mistakes, waiting as the world passes you by for that magical day when someone comes along and makes you rich. If you have the mentality that you are going to buy some Coin and hold onto it for the day when you can buy an island, that day will never come because you are the type in which will never create your own destiny and by that method will always pick losers.

Cres, does that mean Dogecoin has a good chance of being up there with BTC?  ;D

Also a little advice to the bagholders...

If your trading strategy is "investing" aka buy and hold.  Stop.  Throw Buffet style investment strategies out the window because crypto has no fundamentals.  Only potential.

if we're being honest the dynamics behind crypto trading is simply the greater fool theory;

http://en.wikipedia.org/wiki/Greater_fool_theory

Yeah true.  But look at Bitcoin now.  Potential...  Go figure.

If a few people were to be able to design a better inflation model then "yes" but currently the only difference is the Block times and running on Scrypt which Bitcoin could also adapt so unless it was radically different and provided something better then I will say that it won't be bigger than BTC because BTC is more established and is always chosen first before Doge.

My favorite one, fits into this template:

time is running out (for crypto coins including BTC itself)

big names are looming and a sign of this was when I was in my bank the other day and I seen one of them big displays while standing in line..
it said some crap about sending money instantly to anyone instantly with their cell phone app.
get it ?
see what's coming yet guys ?
this crypto stuff is going to get steam rolled and the Facebook's, Google's, Microsoft's and big banks etc have the resources to pull it off.

I would think they would want/need the Bitcointalk community in order to do that, otherwise are they just not creating another centralized Ripple/PayPal?

The problem with the altcoins is that usually the communities are way too small in relation to the marketcap of a certain coin and therefore they are not able to create a network effect.
In order to succeed a coin needs a community that is growing.
The growth comes from the bullish trend of a coin - the bull market attracts investors which makes the price rising even more which attracts new investors and so on.

Bitcoin has the strongest network effect but I doubt it will stay like this as the price do not have power to rise but it is declining month after month.

Big hue

  My all time favourite is.

  "It's the DEV that i'm investing in,he's great".

i have some serious information that a group of whales are looking at this coin  :o

Claims of "famous" investors = MOOOON :D

"more time for people to accumulate."

Bagholders will tell you the price is cheap to accumulate, big holders are still holding the coin and once the dev release xxx, the price will skyrocket.
I have seen many of this in altcoins where prices have been pumped and dumped.

.

I think this is the correct term for bagholder from urbandictionary

bag holder (n)

In a swinger group it's the husband who holds while wife is merging with another group member...

wife says to husband " will U be my bag holder tonight? BIG black african wants me & he doesn't like his balls to drag on the sheets " !!

husband says to wife "####@$%$@$!" this is the last time I always get STINK HAND !!!

Found another one.

Found another one and lol'd.

 :D

yes they need us. They will ask me which coin going to the moon next and what scam to invest or when bob dumps

If you want to read 'em all, just take a look at the NavajoCoin ann thread since the last 8 months or so.
Filled with bagholders quotes gems.....
 ::)

Maybe next time I should post the people who said them?  ;D

What do you guys think?

how about "White Paper" this and "White Paper" that.. ?
nothing like a certified proper document using regulated stock market jargon to lure fools into an unregulated ponzi coin scene LOL

uhh blah blah IPO uhhhh White Paper blah blah blaaah
..like it means something ahhaaha

^ Hahahaha.  So true.  That's why I've also learned to appreciate people who come out and call a project a "scam".  Makes you stop and actually think about it well before buying in.

At first I thought most of them were envious pricks because the "new project" might be the "one".  But then come months or a year later, the people who called out those projects as scams were right more than 80% of the time.

Nah, I like that you don't name names because then we are just tearing each other down.

Yeah, it takes the fun out of it.  I also opted to not mention the altcoins involved.

Here's a great one lol

HODL! The next update will change everything and we will become the clear leader in the (xyz) segment.

Did someone mention a community take over ?
New dev taking over the coin so...

Damn I was just going to say that!!

or the DEV, DEVs wife, DEVs dog, had an accident, is sick, is dead.  But they will be back soon better than ever!!

bitcoin, altcoin, shitcoin it doesn't matter which you buy, we all just hope to sell them to a greater fool

or how about "it's just for fun"

and i take that quote right from one of the first and most used Scrypt cloning guides posted online.
he said he does it for and i quote..

Who ? the dev who made pennies (the guy who had half off all coins on Cryptsy before)
he abandoned that name way back a while before he put a virus in a sneaky wallet update.
his wallet was posted with no matching source code (the code on his site was for a previous version)
i was tipped off couple years back when a guy i know said go grab it and look..
sure enough he embedded a keylogger / trojan in his wallet binary for windows LOL
and yeah i still have the files to this day and i would swear on a bible i got it from the Pennies (CENT) web site myself.
the guy that tipped me off said it was fishy because of the source code mis-match.
i checked it myself manually with a variety of tools including a hex editor and there was a large extra hidden pay load embedded in the .exe
he used some kind of .exe joiner on the compiled windows wallet.
kind of funny back then he never showed his face ever again as.. SHAKEZULU
but i can a sure you all him and his best friends at Cryptsy never left LOL
I also got confirmation from Virus Total and saved the link in my bookmarks..

SHA256:    824864222d7d7997ce4b7f6dc2d289b9764185d2f8a0c9d8a0e3b89743aba86c
File name:    PiggyBank.exe
Detection ratio:    23 / 47
Analysis date:    2013-12-28 18:18:58 UTC ( 1 year, 9 months ago )
https://www.virustotal.com/en/file/824864222d7d7997ce4b7f6dc2d289b9764185d2f8a0c9d8a0e3b89743aba86c/analysis/1388254738/

SHA256:    743399a1d36ebdb2a093e5acaed2f9f24c874261a73fa58e37e828c1d0b82d30
File name:    PiggyBank-0.9.7-Qt.zip
Detection ratio:    7 / 47
Analysis date:    2013-11-19 18:29:16 UTC ( 1 year, 11 months ago )
https://www.virustotal.com/en/file/743399a1d36ebdb2a093e5acaed2f9f24c874261a73fa58e37e828c1d0b82d30/analysis/
https://www.virustotal.com/en/file/824864222d7d7997ce4b7f6dc2d289b9764185d2f8a0c9d8a0e3b89743aba86c/analysis/1388254738/


..and you guys wonder why i have a negative rating here ?
i'll give you all a hint why.. i created a topic about that LOL
so no wonder so many of these sneaky little pricks hate me ahahah
i have far more credibility then most of the dev's around here will ever have
and i have spent years hanging around here exposing them and keeping a log of their scammy antics
so i can bring it up again later when they show their face (if they dare)
the sickening part of that is i mentioned it countless times and ALL of you just keep using the guys coins AHHAHAHAHAHHAHAHAH
i laugh at you all because your so foolish and gullible it's not even funny.
that incident should have gotten all his coin pulled from all exchanges and a public out cry should have erupted
and instead not one person said a word.. no matter how many times i have reposted that info above.
you guys are a real classy greedy bunch LOL

I didn't know that about Pennies.

If that kind of information isn't the main purpose of coming here for information about altcoins, then why are we here?

sorry to veer off topic so much here guys but i want to respond to that..
I am notorious for long winded rants and believe it or not i really HATE posting them.
Why because i am lazy and i can't type very good at all.. plus i hate re-typing the same giant wall of text again and again.
So..
Users REALLY need to do some basic homework BEFORE investing.. that goes for ALL coins !
Just because it's on an exchange for example doesn't mean it's good.
Example: ORB
When it was added to Cryptsy years ago by BitJohn the entire scene flipped out and the chat box at Cryptsy exploded with rage.
Unanimously the entire crowd on the chat box demanded the coin be pulled asap from the exchange.
They pulled the coin in response to the hate from the crowd (it was on the exchange for a matter of hours)
This went down before BTC exploded in price..
After a few months when BTC exploded up to a grand a coin.. Cryptsy made no announcement and slipped it back in when no one was looking LOL
I laughed when i seen that (no one else did)
I also had on other occasions complained to BitJohn about him adding coins to the exchange with no warning or info posted anywhere at all !
And he mouthed me off all snotty like ahahha
I told him i keep seeing a new coin added to the exchange and often they have been there for a long time but because there is so many listed you can't see new ones.. so some kind of Twitter message or SOMETHING would be nice.. i was basically told to shut up and screw off..
Hmm can YOU think of any advantage to slipping coins onto an exchange unnoticed ? hmmmmmmmmmmmmmmmmmmmmmmmmmmmm ?? ahahhaa
sleazy douches LOL

The reality is most of the guys who made those 7,000+ coins here have an old dirty track record they want to hide.
and as an investor it's your job to dig that up.. BEFORE spending money investing !

And in case my point was missed on my last rant (related to the topic here)
"..for fun and profit" ?
so is the fun part where you look at your bank balance and see $0 ?
i am sure it's fun for Shakezulu to post a (heavily used) Scrypt cloning guide and to keep changing names and churning out coins.
after all it's fun to make money now isn't it ?
Fun or not you will lose your money in the end guys LOL

I say that because it's an excuse bag holders have told me on exchange chat box's in the past at Cryptsy or Polo etc..

EDIT:
Added some Cryptsy story ;)

One of the lies I have used on myself "At least I bought it cheaper than it is now, I am still on profits".


Until there is no profit anymore LOL.

.

.

I hate something different - guys buy shit for 0.001 BTC nad then go on a worrying streak posting 50 posts a day on this forum about their "bad decision"

why is orb good again?

The white paper of an altcoin is used to sell to people the hope for an altcoin. However, most of the time the promises are not fulfilled before people lost interest in the coin.

Or the DEV lost interest in the coin.

Another whale dumped. Thats good for longterm distribution  :D

"I did not sell so I did not lose a cent so far"

You dare come promoting CRAVE here?

I have been holding EAC for 2 years and sold with a 600% profit
2700% with Vertcoin
waddup

"Don't worry. Real investors are buying quietly, while cheap.

I mean, real investors who know what's coming...   ;) "

Hahahaha...  Denial's a bitch.

This deserves a bump considering the altcoin crash.


Clearly he means Ethereum. Oh wait, no he doesn't. LOL


Is what they say before it drops even more.

Oh and this is especially awesome. Not a lie but still self delusional as fuck:

"AT LEAST WE HAVE HUGE TRADING VOLUME NOW!"

Yeah, because everyone is rushing to sell your pumped, overhyped shitcoin ::)
Enjoying high trade volume while it's getting dumped like a turd is like enjoying zero gravity while falling from a skyscraper.

Altcoin bubble must be over, because this thread is coming back into vogue.

Ya i agree and i see ETH getting dumped on again now today too.

You mentioned this topic elsewhere recently and i laughed an agreed LOL

It is right time for good old coins as LTC and Diamond, too much wasted btc-s on
 crowdfunded projects, wake me up when storm ends. :)

"Crash must be caused by people preparing for  (Insert next overly hyped) ICO"

Forgot how much I liked this thread:

"Bitcoin anonymity is improving,.."

"...'s blockchain is huge and can't scale,"

"... is likely to get very widespread adoption via the tech giants unless something better comes along soon"

"too many bots..."

"...Its not like FIAT which require Gold to backup etc"

"I am not seeing much javascript really."

"The mass majority of the xxx holders are not part of the discussion here."

"... is a good project the same as ... and ... ! Probably you havent invested right?"

"Smokers ought to support ... coin, it is a coin that is made to support their causes of smoking cigarettes and tobacco. "

" It is a platform, not just an application. We cannot put ... in the same bucket as the other simplified FaceBook wannabees.  "

"...=gold or money
...=oil or gas"

"Well, I think 16-18 sat is undervalued ..."

"The guys mining for "profit" will move on to the "next big thing"/
The ones mining for the future.....will keep on mining and holding"

"My Bitcoin will hit $40,000 a piece, any day now"

 :(

lols how crazy is that

Lol, I've been here many a time myself. If you don't go in with a clearly defined "out", well wishing will take you all the way to the bottom  :-[

Damn you, NEOBEE.

"Not every IPO / ICO is a scam"

or..

"I made xyz amount of Bitcoin profit" <-- straight up lying.

Sell high buy when nobody is interested any more..Then try to fake small pump to bring some attention to your coin..

"There is no coin but bitcoin"

I guess people who bought at 1000+ could be considered bagholders.  But what we're most thinking of are those useless coins people are holding a ton of.  Like BBQcoin or Popcorncoin or something like Drugcoin, and the  they go around on these boards trying to be in denial about bagholding.  So funny.

Majority of us, have bags some of them are valuable but some are not. But only small number of investors
will confirm this, vanity is such a bitch..So we're here free to laugh at others.. ::)

"They will soon release the promised feature, very soon."

" It's gonna get added to Polo soon!!!! "

This would scare the shit out of me actually, if I was holding.

If you build it, they will come. And dump.

this sounds so annoying
"cheap coins grab em up! we will reach 100 sats for sure when it got listed to ________"

"bitcoin is scam invest in my shitcoin" i saw this on the speculation forum plenty of time for etheruem, very sad

ANything you say that isnt possitive about the coin gets a mob shouting FUD lol

One sign that tells people a person is a bagholder, disillusioned or lost money in crypto:  They whine a lot on these boards...  With a vengeance too.  Haha.