One thing i've learned over the past few months here is most people on this forum don't know what they're talking about, and reading this fud does more harm than good. There is still opportunity to make money and have fun trading btc today.
One thing I've learned over the past few years here is that some will continue to discard everything as FUD, even when it's looking them straight in the eyes.
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Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it.. Greed is some bad bastard, it could break our heads at some time ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) It's just the bubble deflating. I hope it doesn't have much farther to go but any damage was done months ago. Now we need to get to where we should be and let the other parts of the economy build what they need to. Yup, that's like booms induced by artificially low interest rates. The problem isn't the crash coming after, it's the boom.
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Employee Costs = 150,000 * 20 Legal = 200,000 ISP / DDOS servivers = 120,000 Rent / Security = 120,000 Servers & Utilities = 100,000 = ~ 3.5 MM per year
150k for their "stellar" employees? Wow... do you own a business? I want to work for you!
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The funny thing would be if he decided to stop being a bear and got hit hard by the recent downtrend.
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Because that would make Bitcoin looks even more like a religion.
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Unbelievably, there are still a few morons doing 100+ buys right now.
How stupid can you be?
Cant wait to see them get burnt.
They cannot fathom the nature and severity of The Great Dollar Extraction. In the same way as gold bulls, bitbulls are in complete denial of what is happening. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Denial stage. Long way to go. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fseattlebubble.com%2Fblog%2Fwp-content%2Fuploads%2F2007%2F08%2Fmarket_emotion_cycle.png&t=663&c=ODgqX7ftja16Jg)
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Oh I see... so you are in the red. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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As everyone can see, the buyers are rushing to get those cheap coins. Or not. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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How do you calculate your profits/losses?
Seems to me you should be in the red for the last few days.
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90 just fell! 15k dump!
Dont need to thanks me guys lol -what a dork. Stop quoting him.
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soon... thinkin about hitting that button...
Do it! Bitcoins are in a fire sale! Think about it; not so long ago they were $266! Such a good deal! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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I don't think you know what panic selling really is. There has been none so far.
Meh, $266 -> $50 might have been. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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we might dip lower b4 starting a sustainable rally that will start making new all time highs sooner then most would of thought. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Are you all-in yet? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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We should have a moment of silence and think of those who "buy all the way down to oblivion".
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Look at how much time the price of BTC has spent under the 100 day moving average.... Then look at how much time it has spent at < 10% below that average. In my opinion by waiting to buy you are risking way too much. There are, let me say, "more then a handful" of people waiting for a very limited amount of coins at a "cheap" price.
Go on, mortgage your house and buy all those very limited coins. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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To be fair, there's less than 2k BTCs available to short. It's not what I would use to say "See, you can short!!"
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