the joint
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Merit: 1020
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April 17, 2014, 06:04:44 PM |
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All the market needs is something like the Winklevoss ETF to trigger another bubble. Several billion dollars would easily enter the market sending prices to new highs.
My prediction is that there will almost certainly be another bubble, one that includes traditional investors. However, I also wonder if that may be the last bubble, and I will be very tempted to cash out everything if and when the next bubble occurs.
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lynn_402
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April 17, 2014, 06:23:47 PM |
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All the market needs is something like the Winklevoss ETF to trigger another bubble. Several billion dollars would easily enter the market sending prices to new highs.
My prediction is that there will almost certainly be another bubble, one that includes traditional investors. However, I also wonder if that may be the last bubble, and I will be very tempted to cash out everything if and when the next bubble occurs.
It probably will be the last bubble, but is that bad? The long-term steady growth that would come after is way better for Bitcoin's viability as a currency and store of value, IMO. Of course, cashing on top of the bubble and buying back lower would be wise, but who knows what the top will be; 2000? 4000? 10000? 40000 as per the winklevii's prediction?
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frienemy
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Activity: 235
Merit: 100
I was promised da moon
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April 17, 2014, 06:28:33 PM |
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It probably will be the last bubble, but is that bad? The long-term steady growth that would come after is way better for Bitcoin's viability as a currency and store of value, IMO. Of course, cashing on top of the bubble and buying back lower would be wise, but who knows what the top will be; 2000? 4000? 10000? 40000 as per the winklevii's prediction?
What makes you think there will be a slow and steady growth after a final bubble? Furthermore I wouldn't say there is a high probability that the next bubble will be the last one. We already might have seen the final one, but there could be 1, 2 or 3 following. I'd give any of these options the same probability.
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MCTRL_751 > END OF LINE
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counter
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April 17, 2014, 06:38:50 PM |
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Man the bears always have a way of making things so much worse then it really is. At the same time to put others down and give these transparent straw man arguments time and time again.
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lynn_402
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April 17, 2014, 06:43:47 PM |
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What makes you think there will be a slow and steady growth after a final bubble?
Because of all of cryptocurrencies' qualities that makes them superior to the traditional financial sector in many ways, and give them the potential to play a long-term major role in the global economy.
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piramida
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Activity: 1176
Merit: 1010
Borsche
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April 17, 2014, 09:25:02 PM |
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If you bought at $1000 then HODLing is more of an art. Get pissed and hope for the best when i bought in at 15 and it went down, slowly, i just said fuck it, and went away for a year. thats possible of course if "money you invest if the money you are prepared to lose", little mantra which nevertheless is truth. i guess if you keep looking at that price going down you might get depressed, stressful, scared, etc; you need to shield yourself from negative emotions. not just with bitcoins, with everything else too.
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i am satoshi
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bitcoinsrus
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April 17, 2014, 09:30:46 PM |
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If you bought at $1000 then HODLing is more of an art. Get pissed and hope for the best when i bought in at 15 and it went down, slowly, i just said fuck it, and went away for a year. thats possible of course if "money you invest if the money you are prepared to lose", little mantra which nevertheless is truth. i guess if you keep looking at that price going down you might get depressed, stressful, scared, etc; you need to shield yourself from negative emotions. not just with bitcoins, with everything else too. [Gets reminded he found out too late ]
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zzojar
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April 19, 2014, 12:33:59 AM |
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I'm happy I'm happy when the price goes down so I can buy cheap bitcoins And I'm happy when the price goes up, of course!!
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YipYip
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April 19, 2014, 01:32:39 PM |
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I'm happy I'm happy when the price goes down so I can buy cheap bitcoins And I'm happy when the price goes up, of course!! Jr member has got it all "RIGHT" After 2 years and 3 iterations of crypto ...a n noob has distilled the situaton of bitcoin right now every 1$ i have invested in crypto has returned a min of 10x ..... btc 4$ & ltc @ 4 cents ...like WTF So step back and pause for a second and look at the oppurtunity that is right infront of your face ...even if this is not 100% bottom it is pretty dam close ..and when we are cruising on 2k per btc & 100 per ltc do u really give a fuck Have some balls and some forsight and not get suckered in by the bears and agents of china as bitcoin is here to stay
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OBJECT NOT FOUND
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wobber (OP)
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Merit: 1001
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April 20, 2014, 02:16:32 PM |
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Kudos to the guys screaming "To the moon". Price is the same as last week. And will be the same next week. And the week after.
A $50 price increase would be welcomed just after most " investors' " bones and mind have been grind down. I take it as ride on a boat in stormy weathers. Noobs that jump off at first signs of wind, deserve to drown. Those who hold on tight, and jump off just to take a bath, then prepare for more storms are the one's who prevail.
I for one won't go out of this at $10 or $10,000. I'm waiting us to reach the New World and spend it there.
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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Wilhelm
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April 20, 2014, 02:18:32 PM |
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Kudos to the guys screaming "To the moon". Price is the same as last week. And will be the same next week. And the week after.
A $50 price increase would be welcomed just after most " investors' " bones and mind have been grind down. I take it as ride on a boat in stormy weathers. Noobs that jump off at first signs of wind, deserve to drown. Those who hold on tight, and jump off just to take a bath, then prepare for more storms are the one's who prevail.
I for one won't go out of this at $10 or $10,000. I'm waiting us to reach the New World and spend it there.
Yep at least $100K you need to be set for life
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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gagalady
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Activity: 938
Merit: 1000
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April 20, 2014, 02:50:07 PM |
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It needs time we all expect the same, let's see what It will be like after 3-6 months. Best to do is to invest it like in a gamble and afford to lose everything.
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LostDutchman
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April 20, 2014, 02:52:21 PM |
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Been a while since I haven't seen all the noobs cheering with the usual "to the moon", "10000 by July" and other forms of insanity. Great expectations bring only great disappointments. And reality seems to confirm my sayings: no rally this time kids.
Nothing fundamental changed. No new adopters, no new money, no nothing. So anything more than 1000 is a wet dream or illusion. It won't happen.
And advice to the newcomers: Holding is easy. Don't try to prove me contrary. It's easy to buy now and hope for a 100-fold price and get rich only by watching the price. But trading, that's hard, that's what's the real shit. That's where most people loose. So, advice, don't sell your houses or take loans for bitcoin. You'll get the same price for the rest of the year at least.
You could well be correct! There is a lot of mooney-eyed over-optimism out there. On the other hand, BTC could spike which would be very nice for those of hodling! My $.02.
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fattypig
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April 20, 2014, 02:53:06 PM |
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To the moon!!!
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LostDutchman
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April 20, 2014, 02:55:52 PM |
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To the moon!!!
Be careful and remember to take your space suit! There is no atmosphere on the moon! My $.02.
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