I sold over half my holdings at 31.50 long, long ago... its all a matter of perspective. At the time I had a 400% profit at 31.50 ;p This only looks low due to where we've been recently. Go back a year and a half, and 70 looks awesome  oh i agree, i remember when they were 2.50 to 3.50 each. and when they went to five buck i was like what the fuck this is so god damn expensive i spent 250 once to get 78 coins thinking it was a rippoff. haha wow. my point is its not going to stabalize or bounce we are going to go to fifty. you can hold and you will profit for sure in the long. we will be at 825 this time next year. Just sold all you coins ,I am sure that after one year ,you will needs to pay double price for it...for sure.... |
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Nah, all commodities benefit/suffer (delete based on perspective) from speculators. They're a necessary "evil".
Now, I understand what called essay manipulated market ,BTC on MT.GOX is a prefect example... 10000 BITCOINS dumping on MT.GOX can result total market cap disappear for 10% or may be more.... |
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I always say Bitcoin isn't a currency because of this. You measure Bitcoins by dirty fiat money to know how much they will buy you at any given moment. That seems a token/proxy to me, not a currency.
More like commodity to store value,but its volatility is scaring potential investors... We got 1:99 ratio...this pretty nice.....1% BTC in the exchange changes price affecting 99% of others....this just unbelievable and seems unfair to the rest 99%.... |
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This because those earlier adopters are panic ,they just selling regardless the price ,because at whatever price level they are making profit...
And those speculators , because MT.GOX itself is too essay to be manipulated, since the market size is too small....liquidity is not meet the needs.
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nobody in this subforum actually cares about BTC's success, everyone is just trying to sell high and buy back lower because of greed
This good tactic, but eventually they still holding BTC....This game is risky, they start panic selling end-up with buying back... Finally , one day nobody bid up their selling ,they dead....... Those speculators are destroying people faith in bitcoin......They are slowly killing this little BTC, because of their greed. |
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I will keep my coins ,because its has the potential to be as a good commodity to stored value.
Since only 1% coins is traded on MT.GOX ,those 1% of coins are too essay to be manipulated, I disagree its represent real value of BTC, And because still lot of people are get their coins at super cheap price ,thus they contribute to the volatility and those pioneers.
The fundamental to supporting people recognize bitcoin at given level ,is depend on what the cost they get on their coin...
If most people here, still get BTC at below 20USD, the price will continuing fall for sure, but if most people are getting their BTC around 50 USD, then they will hold steady and not contributing to those panic selling ....I believe this will only happen when all those early adopters are running out their Coins...
To those earlier adopters if you do not believe long-term run of BTC ,please selling our you coins immediately...let's bitcoin hit the bottom line...
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Things are much better than backed to beginning of April... Why should we sold BTC at the price much lower than beginning of April??
I can't figure out ,since nothing too bad...BTC are more recognized by the public than before , Even more entrepreneurs are under developing their BTC related projects.... As I am writing this I just arranged a fiats transactions to the exchange ...I hope this a good time to buying.
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As it stands right now, for today's average share price of 4.4, we're looking at 36% APR for dividends that did not include blade sales.
The APR is insane at the current price of 3.90. I am trying to move more coins in as we speak. Even if it dips a little lower in the next few hours, it is going up up up once the announcement is made. So much panic selling going on right now and I love it. I am sick that I do not have spare BTC right now...I do like to buying more shares ...those people doing a panic selling ,please continues ,once those people who have weaker mind leaves BTC world ,then the remaining of us can hold not only AM price stead either the BTC/USD/RMB steady~~ |
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For example: In the East Au is gold. In the West GLD is gold.
my dictionary indicated that GLD mean generalized lymphoproliferative disease. I think its time for me to get another dictionary.... |
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Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....
what is going to make it rise? you are going to need millions upon millions of fiat to be pumped in and no one able to sell, for it to go that high. dream on. Yep, if it were so true then no one in their right mind would risk selling high to buy low.. when rest assured, your $70 coins will appreciate 300% in 12 months. But alas, there are poor souls who bought above 100 in the past few weeks, and these are their cries for reassurance. Number of people bought coins above 100, I think this game is like this ,some people buying high ,they will hold on...Some pioneers does not care ,they can selling any time with profit thus they contributing to the volatility.....Speculators is great ,they creating volatility thus stop new investors to jump in... Finally ,BTC is become a speculator instrument rather than investment , it become meaningless to other purpose... honor must be given to those speculators ,great job. If you are rational investors and willing to see the bright future of BTC ,become a bitcoiner rather than speculator. |
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I sold over half my holdings at 31.50 long, long ago... its all a matter of perspective. At the time I had a 400% profit at 31.50 ;p This only looks low due to where we've been recently. Go back a year and a half, and 70 looks awesome The price volatility is because of people like you who get their coins very cheap....they can dump it any time with profit, I think when those earlier adopters runs out BTC ,the price will eventually steady....but how long ?no one knows it...... |
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Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....
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This called 1:99 ratios ....
Anyway,I am feel uncomfortable when the price is determining by the one percent trade....but what can we do ? The P2P MARKET needs to be developed ,we need a proper P2P market to instead MT.GOX which low cash in hand ,slowly transaction , eventually they should not determining the value of BTC....
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Go back check with the buy bid list.... approximately dump another 600 btc, we can reaching below 70....someone just adding buying bid....
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Only need 300 BTC to bring down the price below 70....I think the value of BTC are not true by determining in this way~~ 300 BTC caused entire BTC market crap decrease by 10million USD..... We need another mechanism to determining the value of BTC!!! |
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hey ,let's be panic ,I got my fiats ready~~~ Considering today's BTC environment is far better than April , why should people sell at this price level with loss, only thing is they believe they can get their coins back later at lower price....
60 is really good .....
subpenny coins are a way safer bet until we figure out this edsca thing NYC;) http://www.youtube.com/watch?v=GDoO1YCgBHgIrrelevant song, but it is a good drum bass. .It is safer bet for sure ,but if price increase you get nothing.. and If BTC become subpenny I wonder it really worth to invest in ?? |
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hey ,let's be panic ,I got my fiats ready~~~ Considering today's BTC environment is far better than April , why should people sell at this price level with loss, only thing is they believe they can get their coins back later at lower price....
60 is really good .....
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Another AM price dip isn't unlikely. BTC/USD is falling apart, and some will want to exit to fiat.
Watching 50% of my investments value disappear in a week is hard, I like the quick hard crashes... the ones that punch you in the gut and just get it over with. This dragging me behind a slow moving truck is annoying. No worry...Price will be backing soon , BTC today is far better(More people are within it) than backed to April 2013... |
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Congrats for reaching top spot on google when searching for "fucking panicking" That's because you visited the thread before;) Nope , just tested with a local webproxy , same result lovely bear....I think we are already starting the journey of long bearish... Also ,Congratulation to this thread become world panicking example...what outsiders will think of us??haha |
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Seems to be working fine
Excessive wait trying to get lock on ASICMINER-PT. What's this mean??? ...Just couple minutes late ,is no more shares below 4..... Well it could be a PIN lockout happens if you do incorrect pin a lot That or its lagging burnside did mention his Ram being low Great ,So I can't buying back shares.....what a good news..... That said I seem to be running fine in google chrome maybe just change your browser I am using Google chrome, and finally I bought back...its time for bed ,hope that wake up BTC/USD backing 90...haha |
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