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the joint
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December 15, 2014, 09:26:53 PM
 #21

In conclusion: Don't leverage, just hold.

Only on Bitcointalk is it possible to find a thread where someone pronounces that those who have been negative about the prospects for the price of an investment would have been better off buying and holding, as we come to the end of a year where prices have fallen steadily by 70%!!!!

And what's even more nuts, is that most people who read my statement above will think I'm an idiot, and just don't get it!


Dude, WTF is wrong with you? Roll Eyes Shocked Don't you know that they aren't losses if you hodl and don't sell. I'm never selling my coins... ever. I'll just jack off to their infinite value every now and then. I mean, f--- the market... they just don't get it... they don't realize how cool these things are. They are each worth a million dollars. I'm the richest man in the world with all of these million dollar coins. This isn't money, man... this is wealth. Bullish as fuck, bro.

Bahahahahaha

I can't tell whether this is full of sarcasm or not.  In case it's not, then okay.

In case it is, then realize that you were responding to a sensible statement.  It's a terrible thing to try to convince yourself that you aren't losing anything by holding, even when your *purchasing power* is dwindling. 
inca
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December 15, 2014, 11:01:39 PM
 #22

Let's say, for the sake of argument, that this is true for most bears. Why does this matter, precisely? How does this counter the general price trend or prospects for adoption which are dwindling? Yes, many people got burnt by bucket shop exchanges and manipulation such that they no longer believe in the prospects of Bitcoin -- the brand has been tarred even if cryptos proceed to be successful. Thanks for noticing, I guess?

Seriously, this is counter to your own position... you realize that, right?

You have a slightly warped sense of reality, possibly reflecting your poor trading performance and the fact that your only measure of bitcoin success is short term exchange price.

Dwindling adoption prospects? Someone tell the web wallet companies, or the VC's pumping half a billion dollars into the space, or minor tech startups like microsoft and paypal integrating bitcoin this year.
inca
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December 15, 2014, 11:07:23 PM
 #23

In conclusion: Don't leverage, just hold.

Only on Bitcointalk is it possible to find a thread where someone pronounces that those who have been negative about the prospects for the price of an investment would have been better off buying and holding, as we come to the end of a year where prices have fallen steadily by 70%!!!!

And what's even more nuts, is that most people who read my statement above will think I'm an idiot, and just don't get it!


Most people reading it didn't buy at the peak price you and your ilk love quoting, nor would they be anything but richer in fiat terms if they sold today. Not sure why you don't understand people cheerleading something they believe in that has also the happy byproduct of (even now) having made them wealthy.

Good luck timing the market!
Tzupy
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December 15, 2014, 11:09:59 PM
 #24

In conclusion: Don't leverage, just hold.

Only on Bitcointalk is it possible to find a thread where someone pronounces that those who have been negative about the prospects for the price of an investment would have been better off buying and holding, as we come to the end of a year where prices have fallen steadily by 70%!!!!

And what's even more nuts, is that most people who read my statement above will think I'm an idiot, and just don't get it!


Dude, WTF is wrong with you? Roll Eyes Shocked Don't you know that they aren't losses if you hodl and don't sell. I'm never selling my coins... ever. I'll just jack off to their infinite value every now and then. I mean, f--- the market... they just don't get it... they don't realize how cool these things are. They are each worth a million dollars. I'm the richest man in the world with all of these million dollar coins. This isn't money, man... this is wealth. Bullish as fuck, bro.

Bahahahahaha

I can't tell whether this is full of sarcasm or not.  In case it's not, then okay.

In case it is, then realize that you were responding to a sensible statement.  It's a terrible thing to try to convince yourself that you aren't losing anything by holding, even when your *purchasing power* is dwindling. 

You need to work on your sarcasm detector. Of course it's sarcasm, directed at Devin Chow. Cheesy

Sometimes, if it looks too bullish, it's actually bearish
Eddie Brock
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December 15, 2014, 11:40:04 PM
 #25

..or missing out on money you COULD of had if you had ANY idea wtf you were doing.



I'm a bear because I think there's a good reason to be bearish when you look at the fundamentals of Bitcoin. It has no value, you can't do anything with it other than send it to somebody else. That's why I'm a bear.



It's also hilarious to see the nonsense and the wishful thinking of so many bitcoiners:

  - Whenever the price goes up "yeah, price discovery!", whenever it goes down "fucking bots and bearwhales"

- The outlandish price predicitions that people make on this forum, based on nothing. Like the people that said in 2013 "bitcoin will be 10,000$ next year, mark my words" while showing you graphics with lots of lines drawn with MSpaint

https://www.youtube.com/watch?v=ZLfyRcUb5Hg
inca
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December 15, 2014, 11:43:08 PM
 #26


I'm a bear because I think there's a good reason to be bearish when you look at the fundamentals of Bitcoin. It has no value, you can't do anything with it other than send it to somebody else. That's why I'm a bear.

Possibly one of the most stupid comments I have ever seen on here.
Eddie Brock
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December 15, 2014, 11:44:59 PM
 #27


I'm a bear because I think there's a good reason to be bearish when you look at the fundamentals of Bitcoin. It has no value, you can't do anything with it other than send it to somebody else. That's why I'm a bear.

Possibly one of the most stupid comments I have ever seen on here.

Cry some more.

https://www.youtube.com/watch?v=0L7SOPDOvvI
inca
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December 15, 2014, 11:50:55 PM
 #28


I'm a bear because I think there's a good reason to be bearish when you look at the fundamentals of Bitcoin. It has no value, you can't do anything with it other than send it to somebody else. That's why I'm a bear.

Read what you posted and head back to troll finishing school with your one month old account.
Hfertig
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December 15, 2014, 11:53:24 PM
 #29

i wonder which bear has lost money in 2014, i just cant image it. i guess this is what denial is about
Eddie Brock
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December 15, 2014, 11:57:05 PM
 #30


I'm a bear because I think there's a good reason to be bearish when you look at the fundamentals of Bitcoin. It has no value, you can't do anything with it other than send it to somebody else. That's why I'm a bear.

Read what you posted and head back to troll finishing school with your one month old account.


http://www.searchquotes.com/sof/images/picture_quotes/65038_20130205_013303_A-tear.jpg

yeah, let it all out. More tears and zero arguments.
fewcoins
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December 16, 2014, 12:42:41 AM
 #31

I don't know I bought in this time last year and I'm not raging like fewcoins. I just keep getting more BTC looking at it like a buying opportunity. Maybe it's because I didn't go all in, and I dollar cost average by buying some every month.

After I told you guys I nibbled at buying over 100coins we shot right up over $15 more per coin!!! I sold it all shorted down and we are down another $10... hmmmm sounds like im loosing money hahaha especially since I still have shorts fromt he paypal pop AND the MSFT pop

I'm sorry I can't hear you guys over the noise of me counting all this USD cold hard cash!!!
twiifm
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December 16, 2014, 04:29:36 AM
 #32

Serms to me the butthurt is strong in Devin Chow rather than bears.  Hows that long position treating you?  70% down? Yikes!  Better dump soon
Mervyn_Pumpkinhead
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December 16, 2014, 06:43:15 AM
 #33

The heavy bags seem to cause a lot of stress for some.
This happens when random uneducated people suddenly decide to become rich as "investors".
And of course, like always, those are to blame who actually made money by properly timing their sells. The "investor" is never to be blamed, whose only ability is to buy and sit on his ass without any trading.


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