I guess weīll see 300 soon. Not that I care, I am in so much loss, I can HODL only. Iīll sink with this ship what gives  Is there someone who is at more of a loss than me out there (at least "on paper")? Edit: At the daily high sell point, today (selling at about $400), I am 33.5% in the red ("on paper") |
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you should invest on captcoin its hitting its lowest price today..best time to buy and then sell later when the price is up again  y do u keep fudding all posts on this section?..i bet you lose all your fortune to some altcoin before?  get a life homo!.. 'Homo'? How old are you? 12? Are there a lot of children on here? Shouldnt you be playing with a ball? Maybe "homo" was a bad choice of words for Bitivan23 to use to insult directed at Sevvero; however, Bitivan23's irritation with Sevvero remains valid (and probably shared by many... b/c Sevvero contributes little to no value and is irritating and is just engaging in shit--stirring provocative postings).. Even though, Bitivan23, may have chosen the wrong word ("homo") intended to insult, though some people still like to use those kinds of words.. because they remain part of general public parlance - especially amongst a variety of non-homosexual circles. .. Further, maybe word choices such as "asshole" or "shithead" or "dweeb" would have been better and more appropriate and maybe with less baggage... in the modern world? I remember several years ago a co-worker called me "commie" as an insult... and I thought that sure was a generational thing that he would choose that kind of descriptor... |
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Why do you (almost all) comment without even reading the OP?  If anything in the post is incorrect, please correct me. I only read the title, you're right. I thought the title would have been the thesis of your post. Better that you do NOT think, then. ;  |
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Some of these alts are truly fucked!!!! I really cannot see them returning to their November 2013 highs.. .for example PPC was trading in the mid-$7.00s... .. Sure it is possible that they will again achieve such high pump, but they really seem to be downward trending the whole lot of them.. I am NOT denying some pumping and dumping opportunities b/c surely those pumping and dumping opportunities will continue to persist... for those who may time it right or have some good insider information (which may just mean studying particular coins for particular pump and dump opportunties) |
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Quick poll: should i use my remaining fiat to buy in now?
We've been going down for 9 months. Why would it stop here? Do you see anybody dying to get back in? I certainly don't. But whatever you do don't follow my investment advise because in the end i know nothing more than anybody else here. YES>>> Shroomie.. is getting into the self-analysis phase of his doggiebird existence... One thing about shroomie that seems to be consistent is that he consistently complains about nearly the same thing, over and over and over... you fucking dumping idiots!!!!  |
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OP called 340. Read it again.
No, I'm afraid you fell for the oldest trick in the book, known to every mentalist, psychic, fortune-teller and medium since the first soothsayer conned coin from the first idiot. OP never called the bottom, leaving you to riddle out just what it is he meant to say. Oh, and if you took him seriously? You're either broke already or soon to be. <==my prognostication  Harder to take serious any potential points that you have when you embed your post with such harsh name-calling. |
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selling any bitcoins today is probably the biggest mistake anyone will make in their life time.
bitcoin is the best form of money that has ever existed, and you are lucky enough to be holding it only 5 years after it was invented.
not only that but for the first time in history the whole world is using paper money simultaneously, no paper currency has ever survived they all go to zero eventually.
and where will people go when that happens? normally it was gold.
but its not practical to use gold today due to the international nature of commerce, moving gold around the world is too much of a hassle, trusting a third party to hold your gold has been proven many times to be dangerous.
bitcoin solves these problems, there is no alternative to crypto and bitcoin is the most secure network.
this is the opportunity of a lifetime, it will not return ever again.
+1. Spot-on on all points. Holding bitcoin is a longish-term (10yrs+) proposition. It's going to be incredibly volatile; caring too much about the short/medium-term is just silly. Understand the fundamentals, take your position, monitor the ecosystem (technology, security, investment, mindshare, startups, adoption, etc) and forget about the day to day, month to month, and year to year as long as the fundamentals remain intact. I recommend everyone with even a remote interest in bitcoin watch the following talk by Wences Casares: http://www.youtube.com/watch?v=NERAN-89j8M^ Puts it all into perspective nicely. I will be laughing like mad when you hold your dumb coins in stupid hopes when something much better comes along in 5 years and you are left with depreciated technology and coins denominated in 1x's You keep trying to shame people into selling with ridicule, as if anyone on earth gave a fuck that some stupid little kid is laughing at their choices. We're adults, we make up our own minds, and if you don't like my choice, oh fucking well you're not my friend or peer you're just some retard who gets way too offended when people on the Internet don't take your "advise". No one cares what you have to say about this situation so just shut your stupid trap. Don't talk so MEAN to Severro - s/he will get depressed and pop all his zits and jump out of the window of his bedroom in his mom's basement... |
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Interestingly when I tried to enter a purchase order at SecondMarket today I received this email:
Unfortunately it is unlikely that we will be able to sell you... BTC today
we have a fairly large Bitcoin Investment Trust order that we have to fill ahead of selling BTC to other counterparties.
Bullish?
bullish. It is still pretty fucked that they do NOT have enough coins... maybe they should have been accumulating so they could fill all new orders.. dumb asses. |
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FUUUU almost a hour and a half and no confirmation. Why the price crashed just when I needed to transfer some coins  If you were trying to sell at $380, you may have been saved? |
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I call it now. I can bet on it. This is the lowest you can ever buy for the next 100 years. Take it or leave it.
I have heard that before, several times... though I am glad that I bought 1 btc today at $380... I am running out of money.. fml... |
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I bought $10K worth of another coin (not really an alt) that I am not going to reveal so no one will call me a pumper or have some agendas for "fulfilling my books"... when time comes I will talk about it  +11111 he hehe... had to LOL with that one.. |
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this is going to be a long weekend. if rpietila is calling final capitulation wait for 266 at least. HELLO?  He is preparing for it... NOT calling it... .. You bear trolls seem so inclined to take a mile when you get an inch. OOFTA!!!!   Yes, a little comedy, diversion... I hope you are buying some bitcoins.. they are cheap this week, so far. |
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Ok, that was all. Im losing all my money.
How can you say that you're losing all your money on a 10% price change? Im from Argentina... Two months ago bitcoin at 630 usd, now 380... Thatīs 40% down. One usd = 15 Argentinian pesos. $5000 Argentinian pesos = one month work. I have 3 bitcoins, so i lose $11250 pesos, thatīs more than 2 months of work. So what? You are considering this way too short term, and sounds like you have overinvested. I do not invest... I get paid in bitcoins for my work. Well, good for you to be in one of those progressive-minded industries. Hopefully, you can consider the bright side of these things and the likely positive long term... I would imagine that in the long term, you are going to be better off in BTC rather than either pesos or dollars, though I can understand some of your contemplating some advantages to having dollars instead.. |
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People complain about bulls/hodlers as being greedy and delusional. Well now its the bears turn to be greedy and short-sighted.
Instead of FOMO fueling a bull market, we have here ROMO (regret of missing out) cheering this bear market. We have all the people who were mad they missed out on the price rises the past years.
The early adopter Hero Members, Legendaries, and even some Moderators who sold way too early and are butthurt that these newbies could come in and make all this money, when the newbs haven't even been here as long as them. Then the other group of late arrivers who never had the chance to purchase sub $300 coins. They complain about distribution of coins and how unfair that is to them, and love the trolls who are just here to bash Bitcoin.
The bears are banking on it reaching "their" price, the price they feel they deserve to buy at, and then, only then will the price rebound and the moon is allowed to happen. They cling to the TA that tells them the price "must" go down because CAPITALIZATION and COILED SPRING, just as much as the bulls cling to their exponential price curves.
The bears think the price will rebound because it has too, that is what is supposed to happen. Never once contemplating maybe if the price actually reaches their perfect bid, Bitcoin would be irrevocably harmed, to the point that no one gives a damn, and no one wins.
This too shall pass. Maybe Bitcoin is stronger than all this and the bears will get their prices and then everyone will be a bull and $100000 coins are here by December.
Yep that's whats going to happen, right bears?
  Ok... so what? It appears that you sold a little more than 50 BTC in December and then you sold 40 BTC in June and you are planning to by $10k worth of BTC at whatever point you decide to get back into BTC? Even though you are living off the profits of your BTC, it does NOT seem to be any major quantity worth all of the trolling that you are doing in your self-interest nor anything really to brag about. It's a big, so fucking what..? If you get back in for $10k now, then you may be able to buy 26 BTC; however, if you wait until the price is $100 as you state that you are planning to do, then you will be able to buy 100BTC... It seems that you may need to make a more logical plan... b/c you seem to being quite greedy in your attempts to squeek as much as you can (and nothing wrong with that if you are correct), yet we should realize what happens to greedy investors? They end up missing the train... It is also possible that you may be able to get in at some other price in the $300s, but seems like you are going to wait it out, no? |
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Feels so obvious that this is a buying point that probably the opposite will happen
you are too invested to decide whether is it a buying point or not, I see that you are emotionally attached to your investment, a best move would be to lower your risk if you are not at a loss yet, but if you are then accept the consequences and hope for a fast recovery. Actually, that is NOT bad... for once in a while mmitech said something a tiny bit helpful.. If a person is over-invested, then s/he should lower the exposure....... I agree with that.... even though this particular moment may NOT be the best time to accomplish such.. ,, but it is good to plan for lowering exposure in order to NOT be so emotionally attached to whatever you are doing in your trade. |
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this is going to be a long weekend. if rpietila is calling final capitulation wait for 266 at least. HELLO? He is preparing for it... NOT calling it... .. You bear trolls seem so inclined to take a mile when you get an inch. OOFTA!!!! |
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Because my overinvested investments are underwater I have to invest alot more to hedge..
I wonder how this will end...
Donīt! Honestly, just donīt . Donīt start leveraging before you see a definite trend reversal. Catching knives with leverage is stupid as fuck. I don't see myself having much choice here I initially sold at 520 but for some reason bought back at 520 days later. If I would have just literally waited ONE MINUTE I would be all good and would be making alot of money right now because it immidately went down later and I would had no plans to buy back in in case it would go lower You can wait 1-2 weeks more? Srsly, why do you want to go leverage long in a massive cowntrend? I donīt even say that you should sell your BTC. But leverage long right now is the way to lose everything. I wouldnīt start any fresh leverage position right now. If youīre in a green short from above 420$ youīre probably ok, when you have set your losses. I would rather recommend to gamble on black/red roulette in a casino thatn leverage long right now. But thatīs just my opinion. Be careful At what price would you say is a clear trend reversal? 500? 550? Wait for a massive volume downspike and after it shoots up at least 25% and stays there for a time, and everything else looks bullish thatīs the time when you wanīt to go all in. This could be at 150-350$. Probably t30%lower than in your worst expectations. Youīll know it then you see those 3-4k BTC buys happening Podyx has to decide for himself whether he wants to leverage or NOT and whether he wants to buy on the way down or buy on the way up... I think Podyx already knows the concept of buy on the way down and sell on the way up... but surely there are variations in investment strategies.. and Podyx needs to find his comfort.. and take with a grain of salt any advice from public forums like this... .. We are NOT investment advisors and we are NOT able to see his whole investment package, even though he had given us several specifics.. . JayJuanGee, someday when you expect it at least, i will stand right behind you and kick you in your nuts! Thanks for your kind words. They were as always very enlightening! You have already figuratively kicked me in the nuts (from behind) several times - NOW you are considering accomplishing the same, "literally." Fuck my life.  |
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rpietila has now admitted that this might be the final capitulation. it's perhaps the final capitulation. Even the permabulls are starting to see the truth. When I read that he finally admitted something I tough about something totally different. What? you don't want to sling any mud... ? That's fine... A little mystery can be good. |
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rpietila has now admitted that this might be the final capitulation. it's perhaps the final capitulation. Even the permabulls are starting to see the truth. You are likely citing out of context (that's why you provided only a snip-it).... All fun and jokes, I suppose. I have very little commented Bitcoin's price during the last months. It is soon 7 months that I bought my shorts back and now I am just waiting the price to rise, to enable me to sell and gain financial resources - or not rise, in which case I continue to concentrate on forum education and less money-consuming activities.
The buyback average in 2014-2-25 was $449 and the low $382. So we are now at about the same price. This time it feels worse, because the spring that compresses in flashcrashes and catapults the price up, seems to be broken.
If it is broken, then it's perhaps the final capitulation.
Nobody should employ an investment strategy with stop-losses. That is idiotic. If you don't think the investment is valuable (and thus becomes better when it becomes more undervalued), why the heck should you buy it at all? There are valuable things in the world that you can buy instead.
Nobody should gamble more than he can afford to lose. By following this, I am able to wait the price coming down, and at $300 I'll probably cut excess spending, at $200 refocus my time on earning money instead of fooling around and at $100 buy more bitcoins with my renewed positive cash flow.
Interesting to see how it works out. Have to say I am not a major player in this and that is due to another coin that is more mentioned in the Altcoin observer thread.
Well, it is good to see the context of that Risto quote... and if you think about the quote in context, Risto seems to be pumping Monero as much as he is referring to a possible BTC capitulation.. Maybe he really believes that bitcoin is NOT springing up in price like it used to do, but really seems stupid (or at least irritating for me to read) in context for him to be suggesting a potential downfall of btc before Monero has really taken a solid stance... Personally, it seems that he is trying to hedge his bets in both BTC and Monero.. while taking other precautions in the event that BTC prices continue to fall and therefore, he seems to currently be preparing to buy more BTC in the $100s, if BTC prices were to go to such low levels. |
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