sdmathis (OP)
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May 12, 2015, 09:33:31 PM |
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If you look in the ANN thread of just about any alt coin whose price has been falling for any appreciable length of time, there will always be one guy (sometimes more) who claims that whales are driving the price of their favorite coin down so they can get in cheap. Of course there is no whale driving the price down. There just aren't enough whales in crypto to drive the price of almost every altcoin down at the same time (there are other reasons as well why whales aren't driving the price down, but that's not the subject of this thread). This is just one of many lies that we tell ourselves to make us feel better about our losses.
What are some of your favorite lies that bag holders (or maybe you) tell themselves to make them feel better about a coin that's losing them money?
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JackRipper
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May 12, 2015, 09:41:08 PM |
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My favorite is when they blame trolls for all their problems. Sometimes they will even leave BCT and start their own forum. They seem to believe that will stop their price from going down.
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doc12
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May 12, 2015, 10:59:12 PM |
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Not here for the quick buck, hodling long term ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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sdmathis (OP)
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May 12, 2015, 11:39:45 PM |
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Not here for the quick buck, hodling long term ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If I only had a quarter for everybody that I've heard say that. Or even worse, that they are not in it for the money at all. I'd have a lot of quarters. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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BlindMayorBitcorn
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May 12, 2015, 11:41:44 PM |
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Cheap coinz!!!1 ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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TheMystic
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May 12, 2015, 11:43:20 PM |
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Some talk about how undervalued the coin is and then point to the market cap of Doge.
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sdmathis (OP)
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May 12, 2015, 11:49:50 PM |
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Cheap coinz!!!1 ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) When I'm researching a coin, I'll go through the ANN thread and if I see the comments "Cheap Coinz!!!", "Chomp, Chomp, Chomp!", or anything like that, it raises a red flag in my mind and I will rarely invest in that coin. Definately a danger sign.
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Starin
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May 12, 2015, 11:55:15 PM |
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Not here for the quick buck, hodling long term ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That is mostly true. A pure hype attempt. But you sometimes really like a coin and have some spare bitcoins and you prefer holding even the price drops. I am sure each of us had such a experience. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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bitcoin_bagholder
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May 13, 2015, 12:12:00 AM |
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Cheap coinz!!!1 ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) You nailed it. The biggest and most often used lie of the bagholder.
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Bitmixer sucks
Bit-X sucks
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MRKLYE
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Designer - Developer
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May 13, 2015, 12:22:40 AM |
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In a free market full of FUD and hype its often difficult to distinguish If ones a bagholder or not. I've seen alot of coins become popular and go to.. Leaving "bagholders" wondering if they'll ever get paid..
Sad state of crypto. I myself have been a bag holder in the past.
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MicroGuy
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Twitter @realmicroguy
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May 13, 2015, 02:45:13 AM |
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Cheap coinz!!!1 ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) When I'm researching a coin, I'll go through the ANN thread and if I see the comments "Cheap Coinz!!!", "Chomp, Chomp, Chomp!", or anything like that, it raises a red flag in my mind and I will rarely invest in that coin. Definately a danger sign. I think there are bargains out there, but they are few and far between. Look for coins with active/innovative development, strong communities, and ridiculously low prices. Diversify across a few of those then work to better the currencies you support.
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Kimowa
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May 13, 2015, 03:48:31 AM |
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dont rub it in ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) if you like cryptos you will bag hold as future promise
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Stouse49
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May 13, 2015, 05:29:43 AM |
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After we get cheap prices for our favorite coins for a while, then a while longer, I tell you that my favorite coins will shoot to the moon after the next block reward halving!
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BTC:
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sofu
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Degenerate Crypto Gambler
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May 13, 2015, 07:15:07 AM |
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A dump doesn't matter in the long run Thx for the cheap coins. Omn nom nom I bought more on this shakeout ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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DecentralizeEconomics
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White Male Libertarian Bro
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May 13, 2015, 07:48:31 AM |
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"It's safer than a Swiss Bank Account!"
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"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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spartak_t
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@FAILCommunity
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May 13, 2015, 08:03:48 AM |
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Just look over the threads of some of the latest coins with the "mighty" masternodes and you will probably find few new expressions.
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Snail2
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May 13, 2015, 12:02:20 PM |
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Bear/noob trap! It will go to da moon next week! ...and an old classic: LTC on Gox in two weeks! But i like the "Cheap coins!" stuff too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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tokeweed
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Life, Love and Laughter...
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May 13, 2015, 12:04:15 PM |
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"This so and so coin will gain adoption... etc etc.." Then they proceed to flame you for making them realize that their bag holding and they also blame you for the coin's downfall because "you're not doing your part"... Wut?
Also, "the tech is better than every coin out there, so it will rise soon". LOL
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Braino
Sr. Member
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IRONX - Fully regulated World-Class Exchange
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May 13, 2015, 06:20:31 PM |
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Lies (Butthurt) Bagholders Tell Themselves...
"My butt doesn't hurt that much. Now excuse me while I bend over to pick up some more coins form the trading floor"
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nutildah
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Happy 10th Birthday to Dogeparty!
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May 13, 2015, 08:50:15 PM |
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Howabout lies that devs tell their bagholders:
"Its OK guys, we're about to publish a roadmap that details when our whitepaper and plans for integration are going to be released... Stay tuned!"
"Its so-and-so's fault for FUDding the community. If there wasn't so much FUD, this coin would be the next bitcoin by now!"
"We've recently implemented a new anon mixing and encrypted messaging service."
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