Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: cakebet on December 14, 2014, 04:18:47 AM



Title: On Bearwhales and Silk Roads:
Post by: cakebet on December 14, 2014, 04:18:47 AM
Daniel Krawisz shines some clarity on the FUD that's saturating the Bitcoin Market  in this blog post.  (http://blog.cakebet.com/clarity-shines-fud)


Title: Re: On Bearwhales and Silk Roads:
Post by: Q7 on December 14, 2014, 10:59:23 AM
Don't know whether you agree with this but this scenario is caused mainly by people who bought bitcoins with the money that they don't actually own. That means they either borrowed money from banks or even gamble away the future fund they allocated for their kids' education and stuff like that. This mostly comes from hedging and leveraging their position. Therefore I'm not surprise, these are the first group of people who get targeted by these fudster.

Always, never put your money into something you can't afford to lose. There is no guarantee of 100% return of investment and people need to realize that.


Title: Re: On Bearwhales and Silk Roads:
Post by: botany on December 15, 2014, 06:06:34 PM
Don't know whether you agree with this but this scenario is caused mainly by people who bought bitcoins with the money that they don't actually own. That means they either borrowed money from banks or even gamble away the future fund they allocated for their kids' education and stuff like that. This mostly comes from hedging and leveraging their position. Therefore I'm not surprise, these are the first group of people who get targeted by these fudster.

Always, never put your money into something you can't afford to lose. There is no guarantee of 100% return of investment and people need to realize that.

A lot of money has been made from leverage positions. The pitfalls associated with leveraged trades are well known - small unfavourable movements can wipe out your principal. People still choose to make leveraged trades.


Title: Re: On Bearwhales and Silk Roads:
Post by: Flashman on December 15, 2014, 06:34:58 PM
Fiery death in 2015 it is then...


https://31.media.tumblr.com/7319423af6ff1d81425d00331363db95/tumblr_inline_n7v4a4aM721s0dlb0.jpg


Title: Re: On Bearwhales and Silk Roads:
Post by: cakebet on December 15, 2014, 10:19:19 PM
lol Qapla!



Title: Re: On Bearwhales and Silk Roads:
Post by: cakebet on December 15, 2014, 10:47:44 PM
Where's the risk in putting your money into something you can't afford to lose? A lot of people like the feeling of high stakes.

Don't know whether you agree with this but this scenario is caused mainly by people who bought bitcoins with the money that they don't actually own. That means they either borrowed money from banks or even gamble away the future fund they allocated for their kids' education and stuff like that. This mostly comes from hedging and leveraging their position. Therefore I'm not surprise, these are the first group of people who get targeted by these fudster.

Always, never put your money into something you can't afford to lose. There is no guarantee of 100% return of investment and people need to realize that.


Title: Re: On Bearwhales and Silk Roads:
Post by: exoton on December 17, 2014, 03:39:30 AM
Don't know whether you agree with this but this scenario is caused mainly by people who bought bitcoins with the money that they don't actually own. That means they either borrowed money from banks or even gamble away the future fund they allocated for their kids' education and stuff like that. This mostly comes from hedging and leveraging their position. Therefore I'm not surprise, these are the first group of people who get targeted by these fudster.

Always, never put your money into something you can't afford to lose. There is no guarantee of 100% return of investment and people need to realize that.

A lot of money has been made from leverage positions. The pitfalls associated with leveraged trades are well known - small unfavourable movements can wipe out your principal. People still choose to make leveraged trades.
Statically speaking more money has been lost from leveraged positions then has been earned by them. Even if the price of whatever you are trading eventually goes in your favor, it only needs to go against you temporarily in order for you to lose your entire investment.


Title: Re: On Bearwhales and Silk Roads:
Post by: botany on December 18, 2014, 08:27:38 AM
Don't know whether you agree with this but this scenario is caused mainly by people who bought bitcoins with the money that they don't actually own. That means they either borrowed money from banks or even gamble away the future fund they allocated for their kids' education and stuff like that. This mostly comes from hedging and leveraging their position. Therefore I'm not surprise, these are the first group of people who get targeted by these fudster.

Always, never put your money into something you can't afford to lose. There is no guarantee of 100% return of investment and people need to realize that.

A lot of money has been made from leverage positions. The pitfalls associated with leveraged trades are well known - small unfavourable movements can wipe out your principal. People still choose to make leveraged trades.
Statically speaking more money has been lost from leveraged positions then has been earned by them. Even if the price of whatever you are trading eventually goes in your favor, it only needs to go against you temporarily in order for you to lose your entire investment.

I guess traders should be smart with their stop loss positions, especially if they have leveraged trades.


Title: Re: On Bearwhales and Silk Roads:
Post by: turvarya on December 18, 2014, 08:47:06 AM
I heard of the bearwhale-incident, but didn't know, what exactly it was about.
Nice to see, that bitcoiners are just too smart for that shit ;)


Title: Re: On Bearwhales and Silk Roads:
Post by: spazzdla on December 19, 2014, 11:33:59 PM
http://3.bp.blogspot.com/-T9Nt2hTrqAI/UQ7D6NEdBWI/AAAAAAAAAQI/24Gdwxh4CNc/s1600/a-good-day-to-die-hard-300x300.jpg