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samsonn25
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January 04, 2015, 02:24:51 PM |
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yes i'd like to know too. 6 years after bitcoin didn't evolve a bit, mainstream adoption is failing etc...the infancy phase excuse is becoming more and more dull.
6 years from now the same people will be saying the same thing: Bitcoin is still new. Patience my friend. We need to shake out the weak hands first. Wallstreet is dying to get in at the right price. Just buy and hodl. Secret forces are accumulating. Big money is gobbling up all these cheap coins. Bitcoin is worth 10 dollars at that point. don't forget the god damn traders... shorting the crap out of this technology for a petty $50 profit  The same way people can short, others can buy. The same way people can leverage to short others can leverage to buy. Its a wash. Bottom line is now are more net sellers |
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JorgeStolfi
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January 04, 2015, 02:26:44 PM |
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The feds will have another auction of ~100k BTC soon, right? Maybe Draper will have the guts to average down that time, but judging from his cowardly behaviour at the second (most recent) auction, it's doubtful. Oh the irony: The USMS had the right to auction all 144'000 BTC back in 2014-12-04, when the price was ~375 $; but they choose to sell only 50'000 and postpone the sale of the rest, because they did not want to depress the price. |
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ShroomsKit
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January 04, 2015, 02:26:50 PM |
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ShroomsKit, what are you going to do when the inevitable reversal happens (whether it's at $260 or $26)?
Nothing? And how exactly is it inevitable? |
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LFC_Bitcoin
Legendary
 Offline
Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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January 04, 2015, 02:29:57 PM |
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I think this might be the lowest price I've seen since I started investing about 7-8 months ago.
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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January 04, 2015, 02:31:09 PM |
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I started buying at 263. Bearwhale is about to get slaughtered.
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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January 04, 2015, 02:31:54 PM |
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I started buying at 263. Bearwhale is about to get slaughtered.
Excuse me, tht should read Bearwhale2. |
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luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
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January 04, 2015, 02:35:05 PM |
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once upon a time 600$ bitcoin was called a cheap coin
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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January 04, 2015, 02:35:32 PM |
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I started buying at 263. Bearwhale is about to get slaughtered.
Excuse me, tht should read Bearwhale2. More like bear whale 2000 - like thousands of little bear mice nibbling away Much harder to fight We need to find a pied piper  |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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January 04, 2015, 02:35:39 PM |
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It's amazing. I ain't even mad
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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January 04, 2015, 02:36:42 PM |
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ShroomsKit, what are you going to do when the inevitable reversal happens (whether it's at $260 or $26)?
Nothing? And how exactly is it inevitable? It's inevitable because at some point the price of bitcoin will stop going down. Even if it's at $0.1. It's not that hard a question to understand, but never mind. |
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LOBSTER
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January 04, 2015, 02:37:39 PM |
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once upon a time 600$ bitcoin was called a cheap coin
Yes and @ 700$ too. |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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January 04, 2015, 02:37:58 PM |
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It's amazing. I ain't even mad
I probably have another 3 or 4 days before my deposit clears, I fully expect the price to rebound by then, if only temporarily  |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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January 04, 2015, 02:38:18 PM |
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Q: Where does a bear shit in the woods?
A: Anywhere he sees me with a loaded .300 Weatherby Magnum
It's go time.
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NotLambchop
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January 04, 2015, 02:38:51 PM |
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I started buying at 263. Bearwhale is about to get slaughtered.
Excuse me, tht should read Bearwhale2. More like bear whale 2000 like thousands of little bear mice nibbling away Much harder to fight We need to find a pied piper Your Pied Piper has abandoned you to hang in his derelict abandoned mental hospital castle & pimp new shitcoin  |
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ShroomsKit
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January 04, 2015, 02:40:21 PM |
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I started buying at 263. Bearwhale is about to get slaughtered.
What bearwhale? |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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January 04, 2015, 02:40:58 PM |
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once upon a time 600$ bitcoin was called a cheap coin
Yes and @ 700$ too. If I see anyone ask for cheaper coins again I am going to DDOS their local public lavatories. |
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LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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January 04, 2015, 02:41:49 PM |
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Forgive my naivety but I HODL, I don't trade.
Who is selling all of these coins, is it another bearwhale or just a shit load of individuals panicing about the price & selling all of their bags.
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ShroomsKit
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January 04, 2015, 02:42:26 PM |
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ShroomsKit, what are you going to do when the inevitable reversal happens (whether it's at $260 or $26)?
Nothing? And how exactly is it inevitable? It's inevitable because at some point the price of bitcoin will stop going down. Even if it's at $0.1. It's not that hard a question to understand, but never mind. Huh? That doesn't answer my question at all. I'm gonna assume you can't answer it then. |
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