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Title: [POLL] Are you getting off the train? Post by: alani123 on March 27, 2014, 11:38:09 PM Title: Re: [POLL] Are you getting off the train? Post by: Bit_Happy on March 27, 2014, 11:41:28 PM This is the time to buy more, and if it goes lower buy even more.
People without much money (like me) have the chance to earn BTC. BUY low....buy more lower. Title: Re: [POLL] Are you getting off the train? Post by: hodlmybtc on March 27, 2014, 11:44:08 PM HODL and buy more on the way down
Title: Re: [POLL] Are you getting off the train? Post by: alani123 on March 27, 2014, 11:49:57 PM While I was making this poll the price reached $470 in the Bitstamp USD market and even kept falling for a while. Now it's near $490 again, holy shit. Crazy fluctuation!
EDIT: You know this might change seconds after I post, don't judge. Title: Re: [POLL] Are you getting off the train? Post by: acoindr on March 27, 2014, 11:53:39 PM That's an amusing graphic.
First because it looks comical. Second, because the price of bitcoins was $13 in January a year ago. Title: Re: [POLL] Are you getting off the train? Post by: seriouscoin on March 27, 2014, 11:55:31 PM This reminds me of the silkroad burst that cause a crash to <$80.
Title: Re: [POLL] Are you getting off the train? Post by: alani123 on March 27, 2014, 11:58:49 PM Slightly relevant:
https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-ash3/t1.0-9/1545156_629517783776900_1641888384_n.jpg Honestly though, what do you think about all this panic this time? Is it more serious that other times? Title: Re: [POLL] Are you getting off the train? Post by: RomertL on March 28, 2014, 12:12:55 AM Sooo, when to start buying? Where's the bottom? How low will it get if the China-rumor is true?
Title: Re: [POLL] Are you getting off the train? Post by: kthejung on March 28, 2014, 12:15:18 AM I could never say that I've had a full life unless I was a part of a grand business adventure at least once in my life. This is that time. Even if Bitcoin fails, this is truly a monumental business/technological experience of our generation. buy! buy! buy! mine! mine! mine!
Title: Re: [POLL] Are you getting off the train? Post by: jbrnt on March 28, 2014, 12:16:44 AM Massive sell order and it is now down to $470, but i am still keeping my coins in cold wallet 8)
Title: Re: [POLL] Are you getting off the train? Post by: Bit_Happy on March 28, 2014, 12:20:10 AM Yes it is time to buy more.
Title: Re: [POLL] Are you getting off the train? Post by: BTCat on March 28, 2014, 12:22:59 AM buy buy buy before too late
Then convert them to CGB Title: Re: [POLL] Are you getting off the train? Post by: El Dude on March 28, 2014, 12:36:42 AM Hodl forever.
Title: Re: [POLL] Are you getting off the train? Post by: DarwinNexus on March 28, 2014, 12:43:34 AM This volatility is a bit much for me.
I'll probably keep my coins but start selling some of my miners. Title: Re: [POLL] Are you getting off the train? Post by: Beliathon on March 28, 2014, 12:44:45 AM Stop worrying about fiat exchange price, it's still 3-5 years away from being an accurate speculative representation of the actual utility of this technology.
Title: Re: [POLL] Are you getting off the train? Post by: Don007 on March 28, 2014, 12:48:20 AM I voted "HODL!!1"
As we've experiences these "crashes" a couple of times already this year, im sure we'll be fine again soon. And in the meantime, HODL! Title: Re: [POLL] Are you getting off the train? Post by: lnternet on March 28, 2014, 12:58:06 AM holodhdhoddodlholdhodldholhdohdohdlhdlhodhldhldhodhldhlhld
Title: Re: [POLL] Are you getting off the train? Post by: franky1 on March 28, 2014, 01:02:49 AM what train?
if this is an attempt to make people believe bitcoin is at the final station because of chinese news, maybe? then they are wrong. will people stop spreading FUD in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms. as for people thinking bitcoin is in a bear or bull market. bitcoin has a new animal. This animal rises, falls and then spikes. i call this animal. the alpaca (pun on bitcoin history for extra relevance) http://i61.tinypic.com/246ksjo.jpg repeating (nose to ass) over and over again until atleast 2140 and beyond Title: Re: [POLL] Are you getting off the train? Post by: Beliathon on March 28, 2014, 01:04:27 AM This animal rises, falls and then spikes. i call this animal. the alpaca (pun on bitcoin history for extra relevance) shhh.. you're informing the weak hands, let the market shake them out so the rest of us can buy low and then profit (again!)Title: Re: [POLL] Are you getting off the train? Post by: C10H15N on March 28, 2014, 01:14:03 AM Damn! Keep hitting my instant buy limit. :(
Title: Re: [POLL] Are you getting off the train? Post by: EvilPanda on March 28, 2014, 01:42:30 AM Why would I get off? In the last 6 months my $100 bitcoins became worth 500% more. If I kept my money in the bank I wouldn't have earned more than 5%, so the investment is doing great.
Title: Re: [POLL] Are you getting off the train? Post by: drippx on March 28, 2014, 01:55:16 AM Why would I get off? In the last 6 months my $100 bitcoins became worth 500% more. If I kept my money in the bank I wouldn't have earned more than 5%, so the investment is doing great. SOme people will get off because they recently bought btc this month at around the 550 levels so its understandable Title: Re: [POLL] Are you getting off the train? Post by: twiifm on March 28, 2014, 02:02:53 AM With so many imminent signs of a bubble burst. Its be foolish be bagholder here. Even crazier to catch falling knives.
Too bad its not easy to short bitcoin. I really wanted to short from 1200 Title: Re: [POLL] Are you getting off the train? Post by: seriouscoin on March 28, 2014, 02:14:40 AM With so many imminent signs of a bubble burst. Its be foolish be bagholder here. Even crazier to catch falling knives. Too bad its not easy to short bitcoin. I really wanted to short from 1200 LOL a noob and his bubble burst theory..... Wow something we've never seen b4 ::) Title: Re: [POLL] Are you getting off the train? Post by: kthejung on March 28, 2014, 03:23:09 AM With so many imminent signs of a bubble burst. Its be foolish be bagholder here. Even crazier to catch falling knives. Too bad its not easy to short bitcoin. I really wanted to short from 1200 LOL a noob and his bubble burst theory..... Wow something we've never seen b4 ::) +1. price drops a $100 and suddenly it's a train about to derail... Title: Re: [POLL] Are you getting off the train? Post by: twiifm on March 28, 2014, 03:28:42 AM If you've never seen bubble burst its a beautiful thing to see unfold.
I've been trading stocks and options since 99. Learned a lot those years. Saw the bust of dot com, real estate and now beginningz of tech 2.0 bubble burst. Call me a noob if it makes you sleep better investing in a time bomb. Its like the APPL cult of 2012. TSLA cult of 2013. Hard to call the top. But all the signs are there Title: Re: [POLL] Are you getting off the train? Post by: ebliever on March 28, 2014, 03:29:39 AM I'd like to thank all the absurd Doomsayers today. I just bought (as opposed to mined) my first bitcoin tonight. Expect to have a nice profit in a few days.
Title: Re: [POLL] Are you getting off the train? Post by: ebliever on March 28, 2014, 03:32:05 AM If you've never seen bubble burst its a beautiful thing to see unfold. I've been trading stocks and options since 99. Learned a lot those years. Saw the bust of dot com, real estate and now beginningz of tech 2.0 bubble burst. Call me a noob if it makes you sleep better investing in a time bomb. Its like the APPL cult of 2012. TSLA cult of 2013. Hard to call the top. But all the signs are there With examples like those you could look at current and projected earnings and profits and so forth. How do you propose to do the same with bitcoin? You are claiming knowledge you do not have. What we do know is that more people are learning about bitcoin and getting involved every day, and new tools and new businesses accepting it are springing up all around us. We are not even within 1% of market saturation, so your claim of a "bubble" is asinine. Title: Re: [POLL] Are you getting off the train? Post by: counter on March 28, 2014, 03:41:25 AM on the contrary I'm holding my seat and looking for some extra seats just in case lol. Hodl for life I say.
Title: Re: [POLL] Are you getting off the train? Post by: the joint on March 28, 2014, 03:44:31 AM If you've never seen bubble burst its a beautiful thing to see unfold. I've been trading stocks and options since 99. Learned a lot those years. Saw the bust of dot com, real estate and now beginningz of tech 2.0 bubble burst. Call me a noob if it makes you sleep better investing in a time bomb. Its like the APPL cult of 2012. TSLA cult of 2013. Hard to call the top. But all the signs are there Actually, the way I see it, everybody who is new to this market and legitimately has something to lose is panicking in reaction to news they don't understand. And, the way I see it, all the cooler, experienced heads are focused on the overwhelming positive news going on every day, all the time, on every continent. Seriously, there have been so many amazing developments in terms of infrastructure in just the past 3-6 months alone that I suspect there will be a *lot* of weak hands catching falling tears instead of knives. Edit: All the signs are there, eh? What about this sign? http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=&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=1&p=0& Title: Re: [POLL] Are you getting off the train? Post by: jnada on March 28, 2014, 03:52:38 AM And, the way I see it, all the cooler, experienced heads are focused on the overwhelming positive news going on every day, all the time, on every continent. Seriously, there have been so many amazing developments in terms of infrastructure in just the past 3-6 months alone that I suspect there will be a *lot* of weak hands catching falling tears instead of knives. Edit: All the signs are there, eh? What about this sign? http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=&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=1&p=0& I just bookmarked your "show last posts" link :) Title: Re: [POLL] Are you getting off the train? Post by: twiifm on March 28, 2014, 03:52:58 AM If you've never seen bubble burst its a beautiful thing to see unfold. I've been trading stocks and options since 99. Learned a lot those years. Saw the bust of dot com, real estate and now beginningz of tech 2.0 bubble burst. Call me a noob if it makes you sleep better investing in a time bomb. Its like the APPL cult of 2012. TSLA cult of 2013. Hard to call the top. But all the signs are there With examples like those you could look at current and projected earnings and profits and so forth. How do you propose to do the same with bitcoin? You are claiming knowledge you do not have. What we do know is that more people are learning about bitcoin and getting involved every day, and new tools and new businesses accepting it are springing up all around us. We are not even within 1% of market saturation, so your claim of a "bubble" is asinine. You're right with stocks you can use fundamentals for price prediction. However there are no bitcoin fundmentals so its pure speculation. It a roulette bet on red or black. It'll either be the greatest thing ever or a fad that disappear or morph into something else But im not talking about purely fundamentals. Just investor psychology is same during all bubbles. You have bears on one side creating doom and gloom. Bulls on the other side talking up future perfection and market monopolies. When these arguments get loud and public thens its probably a bubble I'm not claiming I know the future or anything. Just that I've traded a few bubbles before and I've seen some similarities in terms of psychology. And this smells like a bubble Title: Re: [POLL] Are you getting off the train? Post by: twiifm on March 28, 2014, 04:03:00 AM If you've never seen bubble burst its a beautiful thing to see unfold. I've been trading stocks and options since 99. Learned a lot those years. Saw the bust of dot com, real estate and now beginningz of tech 2.0 bubble burst. Call me a noob if it makes you sleep better investing in a time bomb. Its like the APPL cult of 2012. TSLA cult of 2013. Hard to call the top. But all the signs are there Actually, the way I see it, everybody who is new to this market and legitimately has something to lose is panicking in reaction to news they don't understand. And, the way I see it, all the cooler, experienced heads are focused on the overwhelming positive news going on every day, all the time, on every continent. Seriously, there have been so many amazing developments in terms of infrastructure in just the past 3-6 months alone that I suspect there will be a *lot* of weak hands catching falling tears instead of knives. Edit: All the signs are there, eh? What about this sign? http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=&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=1&p=0& If I superimpose AAPL chart from 2012 on your chart using same time frame it might look eerily similar. I have an interest in stock movement and I study bubble charts. You'd be surprised how many charts look similar. All the bubbles I studied develop in 4 stages. First stage is pretty flat with a slight rise w low volume. Then a quick rise with increased volume. This rise is escalator type rise. Then large corection usually retraced to some fibonacci like 32.8%. Then a short parabolic rise. At the top theres usually a technical reversal pattern like a head n shoulder. The bust is sharp but at a fibonacci again a small pull back. All bubbles eventually retrace 100% to pre bubble price. And it may start over as a bigger bubble or it goes sideways for a long long time like MSFT Title: Re: [POLL] Are you getting off the train? Post by: Satosh¡ Slot on March 28, 2014, 04:06:04 AM Captains go down with their ship, see Seinfeld season 1, episode5 "The Stock Tip" (http://en.wikipedia.org/wiki/The_Stock_Tip).
Title: Re: [POLL] Are you getting off the train? Post by: grendel25 on March 28, 2014, 04:20:35 AM Just can't compare this to a stock. Crypto currency has unique features and much more tangible usefulness. Until crypto trade is regulated, these violent value swings based on fud will be common
Title: Re: [POLL] Are you getting off the train? Post by: twiifm on March 28, 2014, 04:33:15 AM Just can't compare this to a stock. Crypto currency has unique features and much more tangible usefulness. Until crypto trade is regulated, these violent value swings based on fud will be common You can compare them from aspect of psychology. Candlesticks were invented in feudal Japan for trading rice. Its still used broadly by all traders today A lot of bubble charts look similar because what causes the bubble is psychological not fundamental. To me even your steadfast defense of your investment based on future unknowns instead of fundmentals is signs of bubbles. Bulls usually will convince themselves regardless of what reality throws at them. And a common defense "this time its different" Title: Re: [POLL] Are you getting off the train? Post by: alani123 on March 28, 2014, 04:34:58 AM Just can't compare this to a stock. Crypto currency has unique features and much more tangible usefulness. Until crypto trade is regulated, these violent value swings based on fud will be common Do we really want them gone though? If you had bought some hours ago you would have now had a good 5% profit. Would this be possible without the volatility? I don't think so. It propably wouldn't have been possible with any other investment you could make. To some extent, this is what makes bitcoin what it is. Title: Re: [POLL] Are you getting off the train? Post by: xb0x on March 28, 2014, 04:38:16 AM haha, damn cool animation :P
Title: Re: [POLL] Are you getting off the train? Post by: 5thStreetResearch on March 28, 2014, 04:44:54 AM the greatest potential bitcoin offers as an investment is not in buying and holding coins but in investing in the companies that support the network/ ecosystem
Title: Re: [POLL] Are you getting off the train? Post by: RenegadeMind on March 28, 2014, 04:48:30 AM Why would I get off the train? It slows down every now and then, but nothing is stopping this train.
https://i.imgur.com/gE8hDnY.png CHOO~! CHOO~! ;D Title: Re: [POLL] Are you getting off the train? Post by: twiifm on March 28, 2014, 04:54:07 AM All bubbles eventually retrace 100% to pre bubble price. Exactly what is Bitcoin's "pre-bubble price"? I don't follow bit coin price. But if you look at bubble charts its the price before the first quick rise. Usually it gets retraced 100% I only looked at the chart posted earlier I havent analysed it against charts of other bubbles. Just the similarity I saw right away is the time gap between that first rise, then a big pullback and the time gap on the next rise. So maybe the top was 1200 I don't have a position on bitcoin. If it was easy to short id short it Im only interested in bitcoin academically since I have a background in econ and finance. Title: Re: [POLL] Are you getting off the train? Post by: jc01480 on March 28, 2014, 05:03:17 AM The C.I.A. Seems to have faith. So shall I.
Title: Re: [POLL] Are you getting off the train? Post by: gamblingman on March 28, 2014, 05:11:07 AM Retiring the miners, yep. Prices are just too low everywhere.
I'll continue to play the markets in trading. I don't expect to see BTC back into 4 digits though, that would be fantasy. Title: Re: [POLL] Are you getting off the train? Post by: igorr on March 28, 2014, 08:04:10 PM If you've never seen bubble burst its a beautiful thing to see unfold. I've been trading stocks and options since 99. Learned a lot those years. Saw the bust of dot com, real estate and now beginningz of tech 2.0 bubble burst. Call me a noob if it makes you sleep better investing in a time bomb. Its like the APPL cult of 2012. TSLA cult of 2013. Hard to call the top. But all the signs are there Actually, the way I see it, everybody who is new to this market and legitimately has something to lose is panicking in reaction to news they don't understand. And, the way I see it, all the cooler, experienced heads are focused on the overwhelming positive news going on every day, all the time, on every continent. Seriously, there have been so many amazing developments in terms of infrastructure in just the past 3-6 months alone that I suspect there will be a *lot* of weak hands catching falling tears instead of knives. Edit: All the signs are there, eh? What about this sign? http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=&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=1&p=0& Trend and price before 1 month: http://www.dodaj.rs/f/V/JM/4H6veSvX/yyy.jpg Trend and price today: http://www.dodaj.rs/f/27/9e/4vr0gXBR/yyy.jpg See you again within a month with trend lines and current price. Title: Re: [POLL] Are you getting off the train? Post by: Swordsoffreedom on March 28, 2014, 08:19:37 PM Captains go down with their ship
Bosses go down with the ship and this ship is going to rise up baby ;D Title: Re: [POLL] Are you getting off the train? Post by: coinyear on March 28, 2014, 08:30:44 PM This ship too many people began to sink, now don't get off until what time.
Title: Re: [POLL] Are you getting off the train? Post by: crazynoggin on March 28, 2014, 08:32:43 PM No, that would be crazy, why would you get off the train?
Title: Re: [POLL] Are you getting off the train? Post by: chromosoma on March 28, 2014, 08:36:25 PM Haha!!
It is over. Bitcoin was THE BIGGEST SCAM of humanity, ever:) Make good advertisement, produced some simple hardware chips, gain MILLIONS from meaningless random numbers! Make people believe that" 00000000000000000897397402834ß923#ß0dlakjsd!" is worth thousand of dollars:)) pS yes, i lost about 300 Euro investing in mining hardware, but that was good leson to me. I will never be that stupid again. ;) Title: Re: [POLL] Are you getting off the train? Post by: Lethn on March 28, 2014, 08:37:25 PM Title: Re: [POLL] Are you getting off the train? Post by: alani123 on March 29, 2014, 04:35:54 AM Only a 9% said yes! ;D
I guess most of us are believers. :) Title: Re: [POLL] Are you getting off the train? Post by: Swordsoffreedom on March 29, 2014, 04:39:46 AM Haha!! It is over. Bitcoin was THE BIGGEST SCAM of humanity, ever:) Make good advertisement, produced some simple hardware chips, gain MILLIONS from meaningless random numbers! Make people believe that" 00000000000000000897397402834ß923#ß0dlakjsd!" is worth thousand of dollars:)) pS yes, i lost about 300 Euro investing in mining hardware, but that was good leson to me. I will never be that stupid again. ;) Lol na that's just being silly and not doing your homework Can't blame Bitcoin for your bad accounting of difficulty increases Title: Re: [POLL] Are you getting off the train? Post by: zhaojinqqq on March 29, 2014, 05:19:27 AM Slightly relevant: https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-ash3/t1.0-9/1545156_629517783776900_1641888384_n.jpg Honestly though, what do you think about all this panic this time? Is it more serious that other times? Very funny comic and accurately elaborated what happening... Title: Re: [POLL] Are you getting off the train? Post by: Arghhh on March 29, 2014, 05:55:27 AM I'm programmed to do two things:
1. Buy bitcoins 2. Buy more bitcoins |
