Bitcoin Forum
June 19, 2018, 07:13:11 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: BTC a Bubble? U sir are MAD!!  (Read 468 times)
GnoSiS
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 22, 2013, 01:52:15 AM
 #1

I believe that we're still in a very early adoption phase.

Even if someone decides to sell out 1M USD worth of BTC crashing the market, it would recover in less than a couple of days.
Even if someone decides to sell out 10M USD worth of BTC crashing the marketx2, it would recover in less than a couple of daysx2, And I would still buy like MAD.

If you think this price is expensive and that this is a bubble, wait until the new BTC exchanges start their services... I'm talking easily 100USD/BTC.

Then there will be more news, then there will be more adoption, than there will be more bad news about sovereign debt around the globe... 200USD/BTC

Then there will be more money printing, then there will be more austerity measures... 300USD/BTC.

Then there will be more taxes, then the USA will invade N. Korea, then there will be war in the middle east... 400USD/BTC

In the far future, the 1% of the population can keep their printed papers and their monetary Database INSERTS.
You have to understand NOW that printed paper and banking DB ledgers can't be trusted, cause the people that control them can't be trusted, and currencies are all about control and trust.

BTC is not an investment, I'm not gonna close this trade position and call my winnings, cause it's not a position, it's the future.

my 2c..

Don't forget to Donate!
16R7vNtRu77r1v7LRU8RZewfCALkmzVyrr
The World's Betting Exchange

Bet with play money. Win real Bitcoin. 5BTC Prize Fund for World Cup 2018.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529435591
Hero Member
*
Offline Offline

Posts: 1529435591

View Profile Personal Message (Offline)

Ignore
1529435591
Reply with quote  #2

1529435591
Report to moderator
1529435591
Hero Member
*
Offline Offline

Posts: 1529435591

View Profile Personal Message (Offline)

Ignore
1529435591
Reply with quote  #2

1529435591
Report to moderator
nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


Annuit cœptis humanae libertas


View Profile WWW
March 22, 2013, 01:53:58 AM
 #2

When, or rather if, Bitcoin has become ubiquitous enough that every Tom, Dick and Granny is using it, it won't be anything like $400 per BTC but rather closer to $400 kay per BTC. Just sayin'. Signed, an Überbull. Smiley

Earn Free Bitcoins!   Earn bitcoin via BitcoinGet
BTC tip: 1PKkvuwC24Vqjv9odigXs1QVzE66jEJqmb (if <200 µBTC, please donate to charity)
LTC tip: LRqXaNdF79QHvhPpS5AZdEJZnLiNnAkJvq (if <Ł0,05, please donate to charity)
yogi
Legendary
*
Offline Offline

Activity: 947
Merit: 1020


Hamster ate my bitcoin


View Profile
March 22, 2013, 02:01:05 AM
 #3

When, or rather if, Bitcoin has become ubiquitous enough that every Tom, Dick and Granny is using it, it won't be anything like $400 per BTC but rather closer to $400 kay per BTC. Just sayin'. Signed, an Überbull. Smiley

My 95 year old granny owns some bitcoins. I said to her she should buy some and she just took my word for it. She has no idea what they are, but she is please by how much they are now worth.

GnoSiS
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 22, 2013, 02:01:53 AM
 #4

When, or rather if, Bitcoin has become ubiquitous enough that every Tom, Dick and Granny is using it, it won't be anything like $400 per BTC but rather closer to $400 kay per BTC. Just sayin'. Signed, an Überbull. Smiley

After 100s of years we will measure BTC value in goods and not in other currencies cause there won't be any other currencies (other than cryptocurencies perhaps or spinoffs).

Perhaps BTC will be renamed to Digital Dollar or some other stupid name, once a country decides to adopt it for paying wages and accepting taxes.
iTradeChips
Hero Member
*****
Offline Offline

Activity: 770
Merit: 507



View Profile WWW
March 22, 2013, 02:02:48 AM
 #5

its not a bubble imo. its rising so fast because it is filling a huge void in the financial market if i am using the right words.

rm187
Member
**
Offline Offline

Activity: 65
Merit: 10



View Profile
March 22, 2013, 05:20:40 AM
 #6

When, or rather if, Bitcoin has become ubiquitous enough that every Tom, Dick and Granny is using it, it won't be anything like $400 per BTC but rather closer to $400 kay per BTC. Just sayin'. Signed, an Überbull. Smiley

My 95 year old granny owns some bitcoins. I said to her she should buy some and she just took my word for it. She has no idea what they are, but she is please by how much they are now worth.

I drove to my parents and talked for about 30mins and tryed them to get into it past 2 days. They just don't get it.
"If its not on the NYSE its not real"

1x5AFgSYTzXZ9eKJTKUfr7tiSuGyBE7Yd
Lethn
Legendary
*
Offline Offline

Activity: 1540
Merit: 1000



View Profile WWW
March 22, 2013, 05:37:19 AM
 #7

My parents think it's a scam.... LOL suckers Cheesy
Crystallas
Member
**
Offline Offline

Activity: 106
Merit: 10



View Profile
March 22, 2013, 05:41:27 AM
 #8

I don't think people understand how bubbles work, if they call BitCoin's surge, a bubble.
PimpBot5000
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
March 22, 2013, 07:34:25 AM
 #9

If it takes a steep dip, and you believe in it, that's when you buy more. It's just like stocks. You get it when it goes down for when it goes back up.
rcv
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
March 22, 2013, 08:24:56 AM
 #10

Open-minded, here.  Technical traders who sit in their ivory towers (or wherever they sit) are happy to trade anything.  They just look at the charts.

What about those who trade on fundamentals?  There's nothing backing BTC.

Is BTC nothing more than an experiment in supply and demand, where the textbook widgets are called BTC?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!