There is no bull or bear. Only Bitcoin or fiat.
Make your choice.
I need to make a repository of favourite forum quotes.... |
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If you're not into day trading, there's a single rule to Bitcoins : thou shall not sell, ever, until BTC has reached full potential or is $0.
Everyone who does not adhere to this, is prey.
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Holding BTC at $10,000 a piece, that would be balls of steel.
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We now experience how a really free market handles a 'crash'.
Swift
Brutal
Effective
Governments could learn a lot from this.
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You don't understand, the volatility is a nice feature, it drives out the weak hands and the bad daytraders. Bitcoin doesn't fuck around. The people who think this is the top of the bubble will be proven wrong again and again until they turn bull, and those who don't will have fun with their helicopter fiat when it is worthless. All's well that ends well.
QFT +1 If the potential turns out real, this whole 'correction' isn't even noticeable on charts later. Since Bitcoin is totally unregulated and without nannycrat rules, the strong will rape the weak over and over again. Gekko is at it again. |
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Early adapters will remember this day like that faithfully day in June 2011. Gox Day again...
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Early adapters will remember this day like that faithfully day in June 2011. Gox Day again...
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This will be a boon for the press. And that while the protocol just buzzes along just fine.
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Unfettered market, no childish nannycrat controls, no protection whatsoever. I won't touch it until it is between $50 and $25. Yes, that's 80-90% off and I loosely get this percentage from a similar crash in 1929-1932. I am perfectly happy with this: free market at work.
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If BTC reaches $10,000 at the current stage of the BTC economy, THAT would be a bubble.....
That would be the end of bitcoin. we have official confirmation, gentlemen  |
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If this whole thing continues, entrepreneurs will themselves open up business for BTC payments. It will once they find out that it helps them paying off their current debts in fiat currency. Think about this...
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It's happening. Now the only missing ingredient is Bitcoin not faltering the next 6 months under a lot of media attention. |
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BTC at $10,000 now. THAT would be a bubble.
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If BTC reaches $10,000 at the current stage of the BTC economy, THAT would be a bubble.....
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I look at potential. Bubble means way overpriced versus actual potential. Bottom line: I will only get nervous way beyond $10,000. Remember Amazon, went from $18 at IPO to $1,200 peak. That was just a company. This is worldwide and accessible for billions of people. Yes, you may save this for posterity  |
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i am new to bitcoin confused whether to buy at this price or wait on top of that securing bitcoin is really hard.
It depends on your intentions and perception of BTC future value. If you think it has a chance of reaching $1,000-$100,000, you could consider taking your chances. |
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Please keep on quoting with that nice pic in it again and again. Can't get enough of it...
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Just wait until Bitcoin is still there after 18 months from now, unpacked and alive, so that the masses start to consider it safe. One word: MASSIVE.
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Actually, the EU SEPA system is already a very good step in the right direction. Payment within the EU free and only one business day. If only the money actually transferred would have better properties... |
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Would love a mature exchange with lots of liquidity.
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