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Title: Butcoin was overpriced in the first place Post by: wesk1212 on October 29, 2014, 03:35:09 PM Look at the transaction volume..mostly from margin traders. And look at the price dropping like fuck.
I guess its not time yet or maybe it wasnt meant to be. Im cashing out. I cant wait with doubt for few year till it goes to THE MOON Title: Re: Butcoin was overpriced in the first place Post by: hayabusa911 on October 29, 2014, 03:50:14 PM I'll buy them!
Title: Re: Butcoin was overpriced in the first place Post by: Morecoin Freeman on October 29, 2014, 04:19:34 PM Can't wait because? Financially troubled?
Title: Re: Butcoin was overpriced in the first place Post by: LFC_Bitcoin on October 29, 2014, 04:25:32 PM Not happy that the price seems to drop constantly for the last 4-5 weeks but it's a long game, we have to wait it out.
Title: Re: Butcoin was overpriced in the first place Post by: Enfield on October 29, 2014, 04:30:56 PM What's with all these newb threads recently? If you're cashing out just cash out quietly; you don't need to broadcast it to everybody as nobody cares. Obviously bitcoin isnt for you if you thought it was a easy get rich quick scheme.
Title: Re: Butcoin was overpriced in the first place Post by: Cheesus on October 29, 2014, 04:34:49 PM What's with all these newb threads recently? If you're cashing out just cash out quietly; you don't need to broadcast it to everybody as nobody cares. Obviously bitcoin isnt for you if you thought it was a easy get rich quick scheme. Not being funny but you're a noob. Well Enfield guy is actually right, nobody cares about some random Newbie who got in for a quick buck. So in what part is he noob exactly? Title: Re: Butcoin was overpriced in the first place Post by: Morecoin Freeman on October 29, 2014, 04:42:36 PM I don't get why people expect to flip their investment at 300% profit within a couple weeks lol.
This might take years. Just saying... Title: Re: Butcoin was overpriced in the first place Post by: 1Referee on October 29, 2014, 04:52:19 PM Newbies mostly buy in while they see the price is going up, and once they finally decide to buy, it's already too late.
They get disappointed because the price is dropping, and start to make excuses, and then sell with a loss. I really hope the price to go even lower than this. I'm a happy buyer, great moment to buy for every one. Title: Re: Butcoin was overpriced in the first place Post by: Elwar on October 29, 2014, 04:58:49 PM I am sorry to hear that your investment into a currency did not go as you planned.
Perhaps next you can try pesos? Title: Re: Butcoin was overpriced in the first place Post by: LFC_Bitcoin on October 29, 2014, 05:37:08 PM I don't get why people expect to flip their investment at 300% profit within a couple weeks lol. This might take years. Just saying... Love your username :D Title: Re: Butcoin was overpriced in the first place Post by: LFC_Bitcoin on October 29, 2014, 05:43:52 PM 'Re: Butcoin was overpriced in the first place'
What's 'butcoin' Title: Re: Butcoin was overpriced in the first place Post by: dopecoindude on October 29, 2014, 05:48:11 PM I am sorry to hear that your investment into a currency did not go as you planned. Perhaps next you can try pesos? Hahaha this a million times! ^^ Title: Re: Butcoin was overpriced in the first place Post by: MF Doom on October 29, 2014, 05:49:48 PM Look at the transaction volume..mostly from margin traders. And look at the price dropping like fuck. I guess its not time yet or maybe it wasnt meant to be. Im cashing out. I cant wait with doubt for few year till it goes to THE MOON if by "in the first place" you mean "when you fist bought in", then yes, it probably was overpriced, and still appears to be overpriced. There are no indictions of returning to $1000 in the near future, or ever for that matter. It got there last winter through fraud and manipulation by mt gox. price looks like its going back toward $100 soon Title: Re: Butcoin was overpriced in the first place Post by: RodeoX on October 29, 2014, 05:51:19 PM Please do tell us what the price should be then. So we can all sell and buy at that price. Also please make gasoline cheaper, I would like it to be about $1.45 a gallon. Anything higher is overpriced.
Oh and one other thing, you should take home economics next semester. Title: Re: Butcoin was overpriced in the first place Post by: franky1 on October 29, 2014, 05:54:05 PM when a noob cries and cashes out, its obvious that he seen bitcoin as a quick pump and dump..
has no understanding of bitcoin and only cares about the price. the sooner we get rid of the emotional guys that only care about quick profits the better Title: Re: Butcoin was overpriced in the first place Post by: axel2078 on October 29, 2014, 06:23:18 PM 'Re: Butcoin was overpriced in the first place' What's 'butcoin' Ha! I was wondering the same thing! Title: Re: Butcoin was overpriced in the first place Post by: bitnanigans on October 29, 2014, 06:24:09 PM What's a butcoin? :D
Bitcoin is the future. You have to endure to reap the rewards. Title: Re: Butcoin was overpriced in the first place Post by: Ron~Popeil on October 29, 2014, 06:51:18 PM The OP kind of highlights the down side of bitcoin's growing popularity. People get in expecting a quick buck and then contribute to the panic epidemic when things don't go the way they want them to. This is a long term growth vehicle not a get rich quick scheme.
Title: Re: Butcoin was overpriced in the first place Post by: madmadmax on October 29, 2014, 07:29:17 PM Get off the ship bitch, pussy ass speculators do nothing except contribute to volatility.
Title: Re: Butcoin was overpriced in the first place Post by: S4VV4S on October 29, 2014, 07:54:46 PM 'Re: Butcoin was overpriced in the first place' What's 'butcoin' That was my question exactly!!! I heard of buttcoin but not butcoin..... Title: Re: Butcoin was overpriced in the first place Post by: Mickeyb on October 29, 2014, 07:57:32 PM You have to keep in mind that there is only 1,5 million - 2 million people in crypto currencies/Bitcoin worldwide. Ask yourself what will happen when we raise this number to 20 million or 200 million.. You can only imagine the price then. Please keep this in mind when cashing out!
Title: Re: Butcoin was overpriced in the first place Post by: LFC_Bitcoin on October 29, 2014, 08:44:10 PM 'Re: Butcoin was overpriced in the first place' What's 'butcoin' That was my question exactly!!! I heard of buttcoin but not butcoin..... :D Title: Re: Butcoin was overpriced in the first place Post by: wesk1212 on October 29, 2014, 09:14:33 PM Wow easy on the hating guys. This hate is real. First of all i probably had bitcoin earlier than most of u. When it was 10$ 2011 or something back then i sent cash via money orders to trading firms. Anyways
Second of all i am not even close to being financially trouble. Im saying the price of the bitcoin should reflect the demand of it. So far it was a bloat by margin traders. Do u guys even check the transaction volume or at least think about it when the price change?? Wow the hate was harsh tho. Sorry about the title. I meant to right bitcoin. Not butcoin i was typing on my iphone Title: Re: Butcoin was overpriced in the first place Post by: wesk1212 on October 29, 2014, 09:20:36 PM I am sorry to hear that your investment into a currency did not go as you planned. Perhaps next you can try pesos? Ok i will. Are u one of those who cant afford a bigmac meal if there wasnt bitcoin?? Title: Re: Butcoin was overpriced in the first place Post by: Morecoin Freeman on October 29, 2014, 11:13:05 PM Personaly I hope for the price on exchanges to move down even more since I want to invest good amounts.
I like to buy at a favorable price. My last buy was from the huge sell wall at Stamp at 300 bucks per coin. :) |