Bitcoin Forum

Economy => Speculation => Topic started by: theonewhowaskazu on November 27, 2013, 05:29:07 PM



Title: I'm Not Buying Bitcoins Any More
Post by: theonewhowaskazu on November 27, 2013, 05:29:07 PM
Every single time Bitcoin has gained a digit for the first time, it has lost that digit at least 1 more time in the future.

Now I'm not selling, it has the potential to still increase a lot, you'll probably be able to get a better price. But no more buying 4 me :)


Title: Re: I'm Not Buying Bitcoins Any More
Post by: pontiacg5 on November 27, 2013, 05:32:07 PM
That's dumb. If you agree it has the potential to increase in value a lot than the price you buy in for really doesn't matter. Every time bitcoin has lost value up to this point it has gained it back and then some.



Title: Re: I'm Not Buying Bitcoins Any More
Post by: Shak on November 27, 2013, 05:33:05 PM
same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 ;)


Title: Re: I'm Not Buying Bitcoins Any More
Post by: eindbaas on November 27, 2013, 05:33:28 PM
Meet you again when btc is 10k :-*


Title: Re: I'm Not Buying Bitcoins Any More
Post by: oOoOo on November 27, 2013, 05:34:28 PM
@OP: I fully agree. Let's just hope it doesn't go back to double digits... :/


Title: Re: I'm Not Buying Bitcoins Any More
Post by: Nemesis on November 27, 2013, 05:35:59 PM
how many times i have to say buy and hold? only spend btc but not cashing out.

Treat bitcoin as saving, you put small amount into it periodically and spend on things you need.

If you just buy btc and hope to sell high as investment, what do you gain? fiat money?  you dont gain wealth by holding fiat money.

Sell your btc, buy a house ----- GOOD

Sell your btc, hold fiat and wish to buy back in low------ BAD. you're just a greedy pig that will get slaughtered.



Title: Re: I'm Not Buying Bitcoins Any More
Post by: piramida on November 27, 2013, 05:44:31 PM

Sell your btc, buy a house ----- GOOD

Sell your btc, hold fiat and wish to buy back in low------ BAD. you're just a greedy pig that will get slaughtered.

Sell your btc, buy a house ----- you are just a greedy pig with a house ;)


Title: Re: I'm Not Buying Bitcoins Any More
Post by: bitcoin carpenter on November 27, 2013, 05:45:35 PM
how many times i have to say buy and hold? only spend btc but not cashing out.

Treat bitcoin as saving, you put small amount into it periodically and spend on things you need.

If you just buy btc and hope to sell high as investment, what do you gain? fiat money?  you dont gain wealth by holding fiat money.

Sell your btc, buy a house ----- GOOD

Sell your btc, hold fiat and wish to buy back in low------ BAD. you're just a greedy pig that will get slaughtered.



This is my first time through a major upward movement
I didn't learn about btc till the end of may

And now I have learned my lessons
I will buy in dips and hold forever.... and only use btc to pay off debts.

Though I have made good fiat on my journey a sic scams and fear of crashes have reduced my potential wealth

Wish I would have listened earlier


Title: Re: I'm Not Buying Bitcoins Any More
Post by: theonewhowaskazu on November 27, 2013, 05:49:17 PM
same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 ;)

Yea and they were right. Both. Times.

If you stopped buying when we first went over $100 you could have been the one buying in the $90s for weeks.


Title: Re: I'm Not Buying Bitcoins Any More
Post by: Shak on November 27, 2013, 05:52:26 PM
same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 ;)

Yea and they were right. Both. Times.

If you stopped buying when we first went over $100 you could have been the one buying in the $90s for weeks.

if "stop buying" is meant as "buy later on the second rise" then yes


Title: Re: I'm Not Buying Bitcoins Any More
Post by: theonewhowaskazu on November 27, 2013, 05:54:11 PM
same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 ;)

Yea and they were right. Both. Times.

If you stopped buying when we first went over $100 you could have been the one buying in the $90s for weeks.

if "stop buying" is meant as "buy later on the second rise" then yes

That's exactly what I said in the OP.

You never buy the FIRST TIME BTC reaches a new digit. After a crash when it goes below into tripples again, then I'll buy.


Title: Re: I'm Not Buying Bitcoins Any More
Post by: trumbadera on November 27, 2013, 05:54:23 PM
Every single time Bitcoin has gained a digit for the first time, it has lost that digit at least 1 more time in the future.

Now I'm not selling, it has the potential to still increase a lot, you'll probably be able to get a better price. But no more buying 4 me :)


Are you talking about Chinese Yuans, CNY ?
It does not make much sence what are you saying...


Title: Re: I'm Not Buying Bitcoins Any More
Post by: Nemesis on November 27, 2013, 05:55:08 PM
same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 ;)

Yea and they were right. Both. Times.

If you stopped buying when we first went over $100 you could have been the one buying in the $90s for weeks.

Seem like you have a system of making money. Sell all your BTC now and buy back in 900?

Whats the point of this thread?


Title: Re: I'm Not Buying Bitcoins Any More
Post by: GriTBitS on November 27, 2013, 06:09:00 PM
buy house with bitcoin, or u will have to sell twice as much because of taxes!!!!!