Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: bitpop on February 19, 2014, 04:42:23 PM



Title: The upside
Post by: bitpop on February 19, 2014, 04:42:23 PM
Some people say the price is going to go to $100, $10, etc, etc. These guys also spread fud to try to get cheap coins. But they don't realize they are hurting the future. Don't believe for a second they aren't trying to buy, why else waste their time on this forum?

Anyway, I'm a hodler. I sleep good at night, don't gamble at exchanges, price doesnt matter at this point and I cant lose my Bitcoin. Its safely offline. Cant get stuck with mtgox or hacked. I simply hodl.

So youre a newbie, should you buy now or wait for a lower price...

If you buy now and are confident (you must hodl no matter what), you just wait. Nothing to do but wait. Could be $50k by 2015. But it could go to $0. The upside is HUGE and the downside is small.

If you wait, it may be too late. You might be waiting for $500 forever until the price is $50k. Your upside becomes very small but the downside is also small.

So when weighing your options, consider that both downsides are small but only option A has a large upside. Now if you're in it for a get rich quick scenario, run away now. This is something that will only reward you if you are passionate about it.



Title: Re: The upside
Post by: Remember remember the 5th of November on February 19, 2014, 04:45:05 PM
Holding as well, I have plans for when 1BTC=$40k.


Title: Re: The upside
Post by: igorr on February 19, 2014, 04:57:06 PM
Holding my usd ,
because my dollars are working everywhere  :D


Title: Re: The upside
Post by: Holliday on February 19, 2014, 05:01:48 PM
Some people say the price is going to go to $100, $10, etc, etc.

We are talking mBTC, right? ;)


Title: Re: The upside
Post by: bitpop on February 19, 2014, 05:16:28 PM
Some people say the price is going to go to $100, $10, etc, etc.

We are talking mBTC, right? ;)

Oh so maybe they weren't fudding


Title: Re: The upside
Post by: ChuckBuck on February 19, 2014, 05:17:47 PM
It's only a small percentile that's spreading FUD and doom and gloom articles, mostly newbies.

I think most of the community is in it for the long haul.  

To me Bitcoin is the next technological breakthrough of the Internet era.

First the Internet was created, then soon after the PC, soon after networking and broadband matured, soon after operating systems and applications matured, soon after social networking exploded.

It seems like the next technological innovation in line to experience the "Network Effect".  To me at least.

Why wouldn't I HODL?   ;D


Title: Re: The upside
Post by: igorr on February 19, 2014, 05:20:03 PM
It's only a small percentile that's spreading FUD and doom and gloom articles, mostly newbies.

I think most of the community is in it for the long haul.  

To me Bitcoin is the next technological breakthrough of the Internet era.

First the Internet was created, then soon after the PC, soon after networking and broadband matured, soon after operating systems and applications matured, soon after social networking exploded.

It seems like the next technological innovation in line to experience the "Network Effect".  To me at least.

Why wouldn't I HODL?   ;D

yes, Bitcoin will live, but which price will be ?   10 usd or 30 usd ?


Title: Re: The upside
Post by: ChuckBuck on February 19, 2014, 05:22:23 PM
Not sure, I'm not a fortune teller or Nostradamus.  It'd probably be a good shorting opportunity for you though, right?   :D


Title: Re: The upside
Post by: igorr on February 19, 2014, 05:57:56 PM
Check this  :D

http://easycaptures.com/fs/uploaded/650/6604052686.png (http://easycaptures.com/6604052686)View Screen Capture (http://easycaptures.com/6604052686)


Title: Re: The upside
Post by: bitpop on February 19, 2014, 06:00:00 PM
.


Title: Re: The upside
Post by: igorr on February 19, 2014, 06:02:58 PM
I see exploding trend reversal, about to explode like a virgin

so far three times exploded and no more, game is over.

The price is three times was artificially raised by mining hardware manufacturer in cooperation with MtGox currency exchange,
and no more interest in it, because mining has become impossible, mining factor is below 9 cent per Gh at 24h
Red and blue lines diverge, after more than three years.

http://easycaptures.com/fs/uploaded/648/2805773688.png (http://easycaptures.com/2805773688)View Screen Capture (http://easycaptures.com/2805773688)


Title: Re: The upside
Post by: ChuckBuck on February 19, 2014, 06:08:12 PM
Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ?   ;)


Title: Re: The upside
Post by: igorr on February 19, 2014, 06:09:21 PM
Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ?   ;)

Bitstamp and BTC-E will soon come to the same as mtgox. ±10%


Title: Re: The upside
Post by: ChuckBuck on February 19, 2014, 06:14:52 PM
Sure doesn't look like it Igorr:

MtGox

http://www.bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=180&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&


BitStamp

http://www.bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=180&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&


BTC-E

http://www.bitcoincharts.com/charts/chart.png?width=940&m=btceUSD&SubmitButton=Draw&r=180&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&


Title: Re: The upside
Post by: trcwhale on February 19, 2014, 06:17:36 PM
Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ?   ;)

Bitstamp and BTC-E will soon come to the same as mtgox. ±10%

Igorr is a russian mafioso who is probably trading on BTC-E he just wants super cheap bitcoins there too.  Seriously man stop scaring all the noobs around here.

nobody is going to sell ya any coins.



Title: Re: The upside
Post by: bitpop on February 19, 2014, 06:28:37 PM
.


Title: Re: The upside
Post by: igorr on February 19, 2014, 06:33:55 PM
just a little patience, and you will see how the fall




Title: Re: The upside
Post by: bitpop on February 19, 2014, 06:40:37 PM
.


Title: Re: The upside
Post by: undeadbitcoiner on February 19, 2014, 06:43:27 PM
Some people say the price is going to go to $100, $10, etc, etc. These guys also spread fud to try to get cheap coins. But they don't realize they are hurting the future. Don't believe for a second they aren't trying to buy, why else waste their time on this forum?

Anyway, I'm a hodler. I sleep good at night, don't gamble at exchanges, price doesnt matter at this point and I cant lose my Bitcoin. Its safely offline. Cant get stuck with mtgox or hacked. I simply hodl.

So youre a newbie, should you buy now or wait for a lower price...

If you buy now and are confident (you must hodl no matter what), you just wait. Nothing to do but wait. Could be $50k by 2015. But it could go to $0. The upside is HUGE and the downside is small.

If you wait, it may be too late. You might be waiting for $500 forever until the price is $50k. Your upside becomes very small but the downside is also small.

So when weighing your options, consider that both downsides are small but only option A has a large upside. Now if you're in it for a get rich quick scenario, run away now. This is something that will only reward you if you are passionate about it.


Will be 50K very soon.
I won't say in 2015 but will surely


Title: Re: The upside
Post by: keithers on February 19, 2014, 06:44:53 PM
Some people say the price is going to go to $100, $10, etc, etc. These guys also spread fud to try to get cheap coins. But they don't realize they are hurting the future. Don't believe for a second they aren't trying to buy, why else waste their time on this forum?

Anyway, I'm a hodler. I sleep good at night, don't gamble at exchanges, price doesnt matter at this point and I cant lose my Bitcoin. Its safely offline. Cant get stuck with mtgox or hacked. I simply hodl.

So youre a newbie, should you buy now or wait for a lower price...

If you buy now and are confident (you must hodl no matter what), you just wait. Nothing to do but wait. Could be $50k by 2015. But it could go to $0. The upside is HUGE and the downside is small.

If you wait, it may be too late. You might be waiting for $500 forever until the price is $50k. Your upside becomes very small but the downside is also small.

So when weighing your options, consider that both downsides are small but only option A has a large upside. Now if you're in it for a get rich quick scenario, run away now. This is something that will only reward you if you are passionate about it.



I have been telling people almost the exact same thing.   If you are in it for the long haul, and you don't need immediate access to the cash that you are investing, the price right now is extremely low in the grand scheme of things.   Yes, if you buy now, you may be in the red over the next few weeks, or maybe even the next few months.  But, if you are looking on a longer time table, you will almost certainly be in the green.   If you have some disposable income that you are working with, it definitely makes sense to buy some now.   If the price happens to dip, just buy some more.   Once the price rebounds back to your original purchase price, you will already have broken even on your investment...


Title: Re: The upside
Post by: franky1 on February 19, 2014, 07:04:37 PM
there have been 8 FIAT bankers that have committed suicide in the last month.

1 – William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

2- Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

3 – Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

4 – Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

5 – Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.

6 -Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.

7 – Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago.  No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

8 - Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

this only proves that FIAT is heading in a worse direction then bitcoin. so hold your coins and never ever sell at a loss.


Title: Re: The upside
Post by: Holdaaja on February 19, 2014, 07:11:23 PM
there have been 8 FIAT bankers that have committed suicide in the last month.

1 – William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

2- Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

3 – Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

4 – Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

5 – Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.

6 -Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.

7 – Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago.  No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

8 - Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

this only proves that FIAT is heading in a worse direction then bitcoin. so hold your coins and never ever sell at a loss.

Seriously? Can I get some source? Why are bankers that suicidal? Or maybe someone is trying destroy fiat by murdering bankers :D


Title: Re: The upside
Post by: keithers on February 19, 2014, 07:26:14 PM
There has been a lot of news coverage and speculation into the deaths of these bankers, but IMO it is completely unrelated to bitcoin


Title: Re: The upside
Post by: bitpop on February 20, 2014, 03:55:53 AM
There has been a lot of news coverage and speculation into the deaths of these bankers, but IMO it is completely unrelated to bitcoin

Economy is better than before, it has to be Bitcoin.


Title: Re: The upside
Post by: franky1 on February 20, 2014, 05:01:29 AM
the deaths are not due to bitcoin, they are due to banks failing. and that has been happening long before bitcoin.

bitcoins invention was inspired by the banks beginning to fail. the banks failure was not inspired by bitcoin.

but either way bitcoin has a more secure future.

and to the guy asking for sources, well... i personally do not like to provide conveniently illustrated news feeds where the story has been edited. but with the names of the bank victims in my last post, i think a simple google search can provide you with ample information from a multitude of media outlets which may contain a multitude of information.