Ho! Ho! Ho!

[wobber]

Merry Christmas and a Happy New Year!

For everyone who lost a single coin, this is the price we pay for being naughty and speculating. Santa won't bring to 2000s this year for sure. Wouldn't it be nice if kids stopped acting like "investors" and "traders" and really got a job, buying just a few coins (not in such mindless manner, with loans) and just let bitcoin do the job?

Bitcoin is overspeculated right now. Sure, we can make some money. But its fiat. And I'm not here for fiat. It's interesting to see how much wealth evaporated in the last 48 hours. Tragedy of the commons anyone?

I'll just stick to this thread because it has a silly name and nobody will read it. So I'm gonna post interesting stuff here and I invite others to do the same

[Elwar]

I have not lost any coins.

This lower price has opened the floodgates for being able to buy more coins. It sucked having so many paychecks sitting in fiat waiting for people to sell low.

[GeniuSxBoY]

[AceWallen]

this was great for me honestly. the altcoins get pumped like crazy, made a boatload. then bitcoin crashes, sell and buy back..... good times.

[wobber]

I'm not speaking of lost coins in the last 2 days. Any single lost coin EVER

Anyway, I sense the smell of fear in the air. It's the fear of the piglets going to slaughter. They are all over, screaming and crying because they lost their "investment" which had the potential of making them quazillionaires with just 0.1 coins! By New Year's Eve.

And now, they're unloading their coins so we can buy them cheaper. Truly piglets!

[wobber]

I want to tell a bedtime story to those little piglets out there:

it was $16 in January. You were thinking that $1200 is "reasonable". What if there's boogie man that made the price climb over the months, helped by you piglets buying of course? And the dumped all coins?

boo!

[wobber]

I'm not speaking of lost coins in the last 2 days. Any single lost coin EVER

Anyway, I sense the smell of fear in the air. It's the fear of the piglets going to slaughter. They are all over, screaming and crying because they lost their "investment" which had the potential of making them quazillionaires with just 0.1 coins! By New Year's Eve.

And now, they're unloading their coins so we can buy them cheaper. Truly piglets!

how low do you think it will go? 

I don't have any single idea. I'll wait for the pigs to get tired and in the small rest timeframe I'll look too see if the slautherhause has enough meat or just stopped to sharpen the blades.