Bitcoin Forum

I knew Bitcoin was not going any lower than $800 when the forkcoin fears were hovering around. Now Jihan Wu is hated by the entire community except the couple paid shills. Looks like UASF is closer than ever and this is translating into a healthy price.

There is no oneto blame on their action but themselves.  If those people who sold at sub $900 it only means they do not have faith in Bitcoin.  Do not blame anyone, no one force them to sell their precious BTC it is to their own accord.  I am sure they are regreting their decision, but they can always buy back Bitcoin anytime.

the FUD is always going to go away, it can never stay around forever, Juhan Wu, or any other name people come up tomorrow are always going to exist. and it has always been like this.

drama is a part of bitcoin.

and i believe a part of it is because bitcoin is still small.

they certainly experience a sense of disappointment. we know the current price of bitcoin has reached 1100USD.
and this will continue to increase, they will think that they have a poor sense of patience. This is a big mistake of course.

I have been in the forum for 2 years and more. Personally I have sold my campaign earnings and trading earnings when it was 400$ around also. I knew that price will reach big value in future. However, the situation makes me drill to sell the coins when indeed times.
If we complete that price to present value, feeling that I lost the money worth more than 10 BTCs.

As much as I would like to end this scaling drama once and for all (at least for now) I don't think that UASF is the right way to go.
USAF is too risky, it is basically a blind hope and expectation that miners would follow business and community, and what if they don't?
They have no obligation to do that.

Blaming isn't gonna help what is lost, and I think out of fear in not getting something is what assumed fueled they in doing it, and I have some issues in doing the wrong thing too a little movement then I feared that my BTC would be gone, hey we are fearful that we can lost something instead of gaining I think that is the nature of all of us here no one is safe!

What did we learn gentlemen? Never sell your bitcoins. Of course we don't.

Exactly. I mean because of the FUD spreading like wildfire here everyday, there's no one to blame but themselves. Not using their better judgement and just listening to what have been suggested by other people. Of course they are regretting their decision, and probably banging their head against the wall. But they already made their decision. I hope they learnt their lesson very well and not just listening to any rumors going around.

It's always like this -- panic dumps allow coins to flow into stronger hands, and thus it's in favor of the market. Those that sold in panic will either buy back their coins at premium prices, or they will just sit back and look at how the market increases further. It has been like this when the price was hovering around the $500 level, and it's still the case today.

It's always so because it's so easy to spread the panic. People start to fear they will lose a lot and with some unconfirmed informations you can make this fear even biger and make them sell. Some experienced users can resist to such influence and keep their head cool and rational but over and over again every price dump shows how easy it's to manipulate with people.

bitcoin price this now is uptrend is not strugle and bad issue
example about jihan wu with bitcoin unlimited , i think is very dificult bitcoin price down under 800 dollar, and bitcoin unlimited issue is end
i think bitcoin unlimited issue only playing bitcoin price can get buy low price, and selling again in high price

Well. This is part of the bitcoin drama session as we go along this journey.
Price goes down and up.

People who truly belieive in bitcoins don't and won't sell before years from now.
But people who are just stopping by (like me) to earn and sell do regret it but partially though as I can't stand the pressure of price.

It depends. :)

I never think of solding my coins back when the price hits that level. First of all, my own way is; if there's a certain level that I missed to a point that it's totally a profit decrease for up to 50-100% then I will not touch those coins and just expect that price will hit again the same level it was before. That was the risk in my way. But to cover that, I must take advantage of the price decrease and embrace the FUD.

And look, the output is good. Just because the recent FUD are having a strong impact in the whole bitcoin system it doesn't mean that it can totally pullout some of the funds injected at Bitcoin.

If we don't sell and hold forever when are we going to profit? The real value of any money, bitcoin included, is in the goods that you can buy.
Years ago you could buy a pizza, now you can throw a pizza+beer party for 100 people. Selling might not sound good but spending does!

OP, you're asking how the $800 sellers feel. Far better than $150 sellers, who dumped in January 2015 ;)

You can't help it when you're in need, you have to sell it. i've sold 2 btc at $380, i had to because i had an emergency!
i feel sorry for those who sold at ~$900(recently). i think we're headed towards a new ath?

I did, but that wasn't the recent drop that we have had but that was a month or so ago when I sold 3 btc for $890 to get some profits from the coins I bought from $300 during 2014-2015. Right now, fork is still inevitable and BU is losing traction. On a positive note, we are heading the greens because of BUtards failed plan to take control.

Well, I sold several dozen btcs in that time to bridge the hole in my funds and get a new car. I am not sorry though, it's a nice machine I enjoy driving every day.

Oh, and I'm still keeping the majority of my coins :)

i certainly would not have sold in the 800s but i also don't believe it's impossible it'll return there. either way i wouldn't have the patience to wait. the uptrend has been powerful for a long time. in one way that's very reassuring but also nothing lasts forever.

It's their fault for believing all of the FUD around here. I take everything with a grain of salt here and you should as well. Best to just hold on and ride the Bitcoin rollercoaster no matter what happens; it's pretty much failproof. I've done it for a long time now, not only on BTC but Monero and Dash.

I sold most at 80€ and it never went back so low after i did it.
It was a dump, i had full faith in bitcoin ( still have) but after you see the price divided by 2 a couple of time, you think, it would be pretty easy to double your stash.

about 700btc.

Greed sometimes is terrible, I doubt i'll ever make that kind of money in my lifetime but strangely i do not feel so bad about it.

It's just like gambling, after a while you realize that you never really owned that money in the first place so you forget about it after a while. If price goes down NEVER COMPLETELY SELL. I usually sell a little bit (.05-.1) and see where price goes after it goes down. Usually price recovers and I make a little bit more money afterwards.

Yes this is theory, i am very rational but i remember very well that fall.
The bitcoin train can make you crazy. When it climbs and every morning you wake up thinking you made more sleeping than in one month working. And then it falls even faster. a falling price is an opportunity but you need balls of steel.
You need very strong ruleset and you need to know why you have those rules. After that i never sold more than 0.2%/month.
But then again my plan could have worked, this day i just played and lost :)


I feel like if you made some profit you should be happy because it is some kind of game and everybody doesn't win.

they must feel terrible so should you by bullying them.

is not funny to laugh on those who make a bad trade

I definitely feel bad for the guys who sold at $800.

That was basically the low of 2017. And people who had no patience had to dump their coins there.

Remember always go against crowd sentiment. I mean when people think that it is a good time to buy in usually it's in the middle-end phase of a pump. If you get in then you have a high chance of losing money. And when people think that it's a good time to sell it's usually when they panic and they see that a coin is down 20% in a day, and that's a good time to buy.

I'm just a bagholder right now. Waiting for the fork to happen, and I'll have coins on both chains :D

The people who sold coins for $800 just booked their profits and if you are thinking like that then there are many people who sold their coins for a few pennies or given away for free before 2012 ,people who sold the coins at that rate just booked their profits and when it comes to investment you have to be rational and you must be careful that greed must not take over your decision,i am not telling that holding your coins is a bad thing but there is no wrong in booking a good profit and entering at a different time.

I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .

Theres no guarantee that the price will go higher so they decided to sold at 800$ to have some little profit , .
Even i sold my btc at 900$ and now the price is at 1200$ but i dont feel any guilt to myself.

Just because they may have sold a bit early doesn't really mean that they don't have any faith in bitcoin.

They may have needed urgent emergency cash for surgery for all we can know, or maybe they just thought that there was a much better opportunity to invest in than to keep theri coins stagnant in their wallet. I don't think that it is fair to judge them on that basis.

But yes, the price has went painfully up over the past few days.

Went from like $1050 from the very start of this trend, to $1200+ now.

I have held bitcoin all along the way, i really don't mind this price hike right now at all. I'm enjoying the bitcoin life :D

i really hope this time more people realize what has been going on in the past month or so. because it will keep happening but with a different form and a different topic as it always does.

and peole invested in bitcoin will continue to fall for the FUD over and over again until they stop for a second and THINK. look back at what has been said and what really happened and anyone can realize it was pure FUD to buy cheap coins.

in other words whoever sold their coins, they sold it at a $400 discount to those who were spreading the FUD.

I wouldn't call a significant amount of people paid shills, discussion has descended into a state in which everyone calls everyone else a paid shill with no evidence and without actually thinking about it.

Jihan Wu is a complete ass though, and he's clearly blocking SegWit on Litecoin (Bitcoin too, since without him SegWit would be leading dramatically).

The price barely even got to $800, it really is surprising just how strong the floor is for Bitcoin even with all the huge altcoin pumps that were going on then.  The lesson is not to get caught up in things before you really understand the market and the economics of it.  People should be really conservative with putting their money in super risky things like altcoins even if they're not holding a lot (DASH?  Come on, people shouldn't have fell for that.  Price is down all the way to $61 now).

As quoted there is nothing to think bad off, because bitcoin price is simply unpredictable which anytime moves without any indication. Thereis no need to feel for it because in some sort of requirement it might have been used.

Not a big problem if they bought when it was 200$. Do you still feel sorry for them now? Many People bought bitcoins when it was 1$ and most of them dumped their position when it reached 2$. That's %100 profit btw, in case you are not good at maths. :) I laugh at people when they are trying to make %10 by trading. That's why i stopped doing that and holding my coins to get at least %1000.

We doesn't know on what will happen on price thats why i cant blame others to sell their coins if they see some dumps gonna  happen in sort period of time. People got theie own decisions and although some others doubt that they sell their coins but i believe majority sells their coins.
 Since they need some immeduate money at that point.

Not all people are stakers since some of people are just using bitcoins to earn money for their own needs.

It's easy to create threads after the price has gone up considerably making fun of people having sold their coins. Why would you care if people sell their coins at $800? It doesn't harm you in any way.

It's well known that people don't know how to make difference between 'fake dumps' and real dumps as result of something actually having a negative impact on Bitcoin. These people will learn how things are eventually.

Without people dumping their coins in panic, we won't be able to buy and sell back. In most cases it's ignorance resulting in the market to crash, and I am sure you take advantage of this as well?

i agree but to be fair there has been a lot of topics and comments on FUD topics (not by OP) that were warning people not to fall for the FUD and not to panic sell their coins cheap. and in case they wanted to sell make sure to buy back at the bottom fast.
i think those who saw these comments and still chose to believe the FUD needed the loss to gain some experience the hard way. i just hope they have learned their lessons.

You knew because you trusted it.
Others form distrust whenver a big fluctuation comes. I dont think we all have the right speculation here.
In fact, there may be a lot of us here who have done it.
But there will always be a way back.
Some also may have thought it is already profitable and not the greedy type who would want to reach a better price.
It depends on the person doing the trade, if he thinks it is enough.a

I think that they behave better than the guys that sold their bitcoin with approximately $200  ::)
Anyway the price gonna be insane

$800 is the new floor. $1000 stable floor if no bad news. Trading zone $1050-1200, we need to pass $1200 and stay above it for a couple of days before we get too excited.

you sometimes need to make some mistakes, even big ones and lose a lot of money before you realize what you did and stop doing that wrong thing.

in this case that wrong thing is listening to what random people on the internet (this forum, reddit, news sites, altcoin pumpers and ...) say without seeing past their bullshit and seeing their real agenda.

It does not necessarily mean that people who sold coins might have purchased when it was $200 ,i purchased when the rally started at $550 and had a good return when it touched $800 and never thought it will cross the $1000 by December simply because it was reluctant to cross that figure for a long time and so it sold it thinking i could buy back after the correction and i was able to enter back at a price of $950 and with the price now i am still in profit.

Aslong as we get some profits with this well nothing wrong for selling on whatever price it is we have different decisions and surely our ideas will not meet and be the same and i believe those peoples who bought on 200$ level is sold their coins already for a long time. Remember  their are long time stability when price goes on 500-600$ up and surely people sold what they got and i am one of those seller for that price before.

You are right, active trader never mind about potential profits of future. They will always look for the profits which are possible within the day.

Always on one can be sure about future hence booking profits at any desired level before it will become late must be a meaningful action. Maybe those decisions turn wrong in future but we cannot be sure they again did not enter into bitcoin after seeing prices were running through $800 levels.

I'm sure most of them feel bad about selling their coins at sub 1000$ but I know that some people out of the ones who sold is not regretting their decision to sell since they got profit or just needed money badly at that time and that selling saved them so I know some of them don't regret their actions because that dump they made might have saved their life or another person's life for example they used it to pay hospital bills and more that is similar to the example.