Bought BTC back in 11 13 2013 when we were at 410.
Then again at 540.
Then more at 600.
I would rather see BTC hit 0.00 then leave now.
I am a firm believer in the technology, which is still sound.
ETF will spark next rise.
We might hit 380 in the meantime but fuck it.
Time to double my holdings for less.
Thank you weak hands and trolls.
Drop your false hope. The ETF doesn't matter, it's only another way for people to invest in a digital token, it's not an actual innovation to bitcoin and does nothing to make them more attractive to consumers. That's the number 1 problem right now. Outside of this community, nobody is buying bitcoins and using them for shopping. As much as people here evangelize it, there is no good reason for them to convert their cash to bitcoin. Bitcoin is finished... you need to accept that reality. This isn't 2012: back then, bitcoin was only a play thing for nerds, but there was no actual infrastructure yet. Now we have merchant adoption, but no consumers! And governments are banning! The ship is going down, and you're playing your violin on the deck. Wrong. The ETF is important as it will allow easy mainstream investment into bitcoin by the masses and speculative funds alike. For bitcoin to function as a global currency and investment class it needs to be worth more - actually a lot more. This will provide stability in the longer term. The obvious question us why are you posting repeatedly on this forum if bitcoin 'is finished'? The answer of course is you are a sentiment troll.. |
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^ Or...
1. Grow some balls
2. Have some faith in your investment
3. Go enjoy your day
Have fun in the soup line, bro. Jesus. Interesting take. So far dragonkillers approach would have yielded fantastic returns with zero effort until this year. Trading on the other hand means most people lose money despite having a good idea of the market direction (timing, leverage, see matthecat). Your posts are generally reasonable newbie but you make the mistake (oft repeated on here) of assuming everyone is a get rich quick trader. Actually the opposite is true, most are holding bitcoin and simply speculating. I would guess most lurkers and posters are professionals with a tech interest. "Trading on the other hand means most people lose money despite having a good idea of the market direction (timing, leverage, see matthecat)." This even applies for me until the past three or so weeks during which I've adjusted a bit and have made a modest return (about 15%... actually, that's great... but modest given how quickly the market can turn). As for those who are long-term investors, I get it. That's just not me at this point (it was me a few months ago). It's definitely cool for hodlers to hodl if they think in the long-term the market is going to make a good bounce back. But, even a long-term investor checks back in on their investment occasionally, reassesses the situation, and has certain targets. I don't actually understand the sort of blind faith type of hodling. Maybe it'll pay off for them. Frankly, I hope it does. It's counter to my position, but I place fairly narrow stop losses so I don't really have much on the line. It's not blind faith for me. I keep a watchful eye on the price, except when busy elsewhere. I have alluded previously that bitcoin is a speculator and traders dream because it is thinly traded and makes huge % moves compared to other markets. I think it is clear that price leads sentiment. Newsflow is only price positive when the price is trending the same direction. Being frank this year network infrastructure, company creation, VC funding, merchant integration are off the charts. Mining coin production may have outstripped exchange demand slightly which has resulted in a longer decline than previously after bubbles (a consequence of professional mining and higher market prices). This will definitely change with the next halving (q1 2016?) or the creation of an easily accessible ETF (could be anytime). Everyone crows on about consumer adoption but I suspect this will come after bitcoin is slightly more established as an investment class / store of value. Sure I have stocks and real estate but bitcoin is definitely the most exciting part of my portfolio by a country mile. Hopefully I can reach 200 coins by the next halving.. |
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anyone else not particularly convinced? lol
I can't wait for the real "oh shit I should have bought back in" feeling that at some point should hit all the dumpers.
Wait for Tuesday.  When the market starts moving as you expect (in this case down) a lot of participants feel validated and believe their own predictions to be accurate. If the majority of bears (who already sold or are short..same thing) predict they will buy in at 350 or below then what is forgotten is that they no longer exert any effect on the market price. (Except by trying to shift sentiment by trolling). The market usually disappoints the majority  |
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^ Or...
1. Grow some balls
2. Have some faith in your investment
3. Go enjoy your day
Have fun in the soup line, bro. Jesus. Interesting take. So far dragonkillers approach would have yielded fantastic returns with zero effort until this year. Trading on the other hand means most people lose money despite having a good idea of the market direction (timing, leverage, see matthecat). Your posts are generally reasonable newbie but you make the mistake (oft repeated on here) of assuming everyone is a get rich quick trader. Actually the opposite is true, most are holding bitcoin and simply speculating. I would guess most lurkers and posters are professionals with a tech interest. |
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Mods delete this crap please..
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Very bad judgment in the 1st place. Obvious bubble before. Your post hints that you are on a series of bad decision making.
Isn't hindsight great? All you bear trolls said $100-$120 was an "obvious bubble" as well. You guys have diarrhea of the keyboard. How do you figure I'm "on a series of bad decision making"? Dude, fuck all these people giving you hell. Is this probably the largest speculative bubble ever? Probably. Emphasis on probably and not certainly. A lot of people are in the same shoes just as they are on any number of speculative investments. People don't always lose and people who lose a bet aren't suddenly embarking "on a series of bad decision making." It's just a thing, just money, you win some and you lose some. Haters are just gonna hate. Absolutely no reason whatsoever why bitcoin will not rise again. In fact every single odious little toad telling you what a bad decision you made is banking on it. I hope you have a fab honeymoon! |
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Bought BTC back in 11 13 2013 when we were at 410.
Then again at 540.
Then more at 600.
I would rather see BTC hit 0.00 then leave now.
I am a firm believer in the technology, which is still sound.
ETF will spark next rise.
We might hit 380 in the meantime but fuck it.
Time to double my holdings for less.
Thank you weak hands and trolls.
Drop your false hope. The ETF doesn't matter, it's only another way for people to invest in a digital token, it's not an actual innovation to bitcoin and does nothing to make them more attractive to consumers. That's the number 1 problem right now. Outside of this community, nobody is buying bitcoins and using them for shopping. As much as people here evangelize it, there is no good reason for them to convert their cash to bitcoin. Bitcoin is finished... you need to accept that reality. This isn't 2012: back then, bitcoin was only a play thing for nerds, but there was no actual infrastructure yet. Now we have merchant adoption, but no consumers! And governments are banning! The ship is going down, and you're playing your violin on the deck. +1 Many people now know about bitcoin and they aren't interested in it. Most do not value it as a payment system. It is not winning the fight of payment systems. People are not "buying" bitcoin, literally or figuratively. It's time for other applications of blockchain technology besides currency. You'll be leaving the forum never to return then? .. Oh wait. |
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Selling all my coins to other "smart" people without trying to crash the market more.
Falling knives aren't worth the risk even if they’re made of gold (in our case of air).
No you are a falllling troll clone. So you most definitely aren't selling anything. |
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Why are we hanging around $400 now? Prices are way too high still. Last winter, $400 would have sounded good... but a year of bear market later, $400 for a digital token sounds like a joke. Nobody will be buying at these prices!
Given the market sentiment, the "true value" should be no more than $250 right now, so we still have quite a ways to go.
Are you really that stupid? |
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Quick poll: should i use my remaining fiat to buy in now?
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Me thinks it would be very difficult to challenge 360 let alone 340 - but crazy shit happens since short/long positions entered the market.
Probably we have hit the bottom though, first good sign would be a higher low (and preferably not under 395).
I bought some at 400$, will buy again if we test 430 and bounce back...
I have lived the last 2 crashes too (30$ and 266$) but this one was scary in a lot different way, the circumstances are much different now, BTC must NOT go below 330... Are you quoting yourself? I think that bitcoin is on the verge of going mainstream as both an investment asset and a usable internet digital currency. If the price crumbles below $300 we may be waiting until the next halving for a decent bull run. Mark Karpeles has a lot to answer for. |
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Yes, we are in an accumulation phase which should reach a crescendo in the short term before we can rally anew.
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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.
Thanks for summing up our feelings I thought he is funny for a while but he quickly degraded into repetitive bullshit mode; too bad. Mods perhaps need to prune the posting privileges of the more prolific newbie posters.. |
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ITT: OP brags about his ruinous financial decisions. Others point fingers and laugh.
My average price is 437 USD now for 140 BTC. I am feeling great. Averaging down is generally frowned upon as it implies buying into a falling price. But i think with bitcoin it is worth the risk. Ignore the jealous trolls - they will disappear over the coming months as the price miraculously recovers (wondering why they didn't buy at this level) |
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Interestin chart. The orders are of a normal magnitude, but the asks are much lower than normal. Presumably there are few asks as the price has fallen so much, so historic asks are off the chart. The price appears to have stabilised at 400. Perhaps there was some significant sellers have now exited. Every weak hand who wanted to sell has. No point selling now. The price is down a lot sure, but a lot of coins have moved hands, we can potentially go up after some meandering round. no more "weak hands" talk plz thats just a bogus kind of explain movements in markets, i can tell ya that after trading for 20+ years at nymex,nasdaq etc its just a misleading way of interpreting movements and costs you alot of money in the end It is pretty clear to me that price drives sentiment with bitcoin. Newsflow is largely irrelevent unless it fits the price direction. The price has been helped down by large speculators and momentum delivered by weak handed holders until a 'crash' develops. Who do you think is buying the coins now? |
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In 2011 there was much bigger price fall and Bitcoin only increased it's strength after!
And think of last fall. When the price hit $400, there was lots of optimism. Were back to $400, but not the same optimism.  Yes do think about it. The forum sentiment is currently in the depths of despair and the price is $400. Last autumn we were breaking out surging above the previous ATH with sentiment hugely bullish and a price of $400. We have come far. |
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Blitz any chance you or the other mods could get newbie jail reinstituted. The proliferation of annoying trolls is ridiculous.
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Interestin chart. The orders are of a normal magnitude, but the asks are much lower than normal. Presumably there are few asks as the price has fallen so much, so historic asks are off the chart. The price appears to have stabilised at 400. Perhaps there was some significant sellers have now exited. Every weak hand who wanted to sell has. No point selling now. The price is down a lot sure, but a lot of coins have moved hands, we can potentially go up after some meandering round. |
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We're easily breaking 350 today. Only a few cultists are buying a couple of satoshis. The rest of the Bitcoin world is selling BTC in massive quantities.
So who is buying all the sold BTC? Makes me wonder. Ah. Now that is the question.. I see the usual suspects (trolls) are conversing back and forth. Bitcoin price is easy to move up or down or manipulate with enough money and desire. Sentiment is driven by price, with recent weakness demonstrating that to good effect. Whoever is buying up the coins on the cheap will simply guide the price back up after a decent chart reversal is painted. All those who sold will hop back on board and this an new entrants to the market will drive the propel the price up to break the ATH and beyond. The trick is to ignore the trolls who know the above but try to magnify the market moves for profit, and instead buy when it seems bitcoin is all over (hint: not long). A quarter of a billion in VC money in the last year and the largest online companies in the world integrating bitcoin suggests this time is not different and the price will rise again. even resistance is no more to hold... btc is going down to 350 to 300 by tomorrow... fast and realtime no more holding back.. sell now so you can cover a little lose.. or lose for nothingHopefully you make enough money for some English lessons. |
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