Bitcoin Forum

Economy => Speculation => Topic started by: mmitech on October 04, 2014, 04:59:03 PM



Title: Optimism is your enemy
Post by: mmitech on October 04, 2014, 04:59:03 PM
so here we made a new low at stamp: $325.67....what is happening now is confusion and fear, price jump in both directions,  give it a few hours when acceptance hit, then the price will continue its path... down we still go.

The biggest enemy of bulls are not bears but blind optimism

https://i.imgur.com/zqG3xyL.png


Title: Re: Optimism is your enemy
Post by: blitzbad on October 04, 2014, 05:19:22 PM
Agree, permabulls and bulltrolls should be banned, they are still fooling people to buy their bags, Be Careful !

ie:
Right. The fundamentals have not changed, that's what falllling and his alt accounts don't understand. Has the protocol been broken? Noo, sir.

This is amazing opportunity to get cheap coins. All you do now is hold and be rich man in a few short years :D


Title: Re: Optimism is your enemy
Post by: mmitech on October 04, 2014, 05:19:34 PM
Despair... I did notice that hero and legendary members are in that faze, my thoughts are: if you didn't sell at least some of your stash near the top or even a bit lower, then you are a fool.... 

Those people forget that Bitcoin has value because of the people that comes after them, and their coins have a higher price because new adopter's demand and them hoarding the coins, once those new adopters lose confidence you are simply doomed, if those early adopters keep hoarding they will regret it so bad and they could be a problem in the future, because once they realize they fucked up, they will start selling at small uptrend moves and this will automatically create a pressure.


in other words, all the people here waiting for bubbles, these kind of things would be hard to happen in the future. (if it happens as described above).


Title: Re: Optimism is your enemy
Post by: Meuh6879 on October 04, 2014, 06:28:20 PM
optimism create bitcoin.