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Jammalan the Prophet
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January 08, 2015, 11:35:39 PM |
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This is not my first multi-year bear market. I just got a second job and not only will I not be selling anymore coins, but I will be adding to my position until either after the next ATH or if it never comes, after I retire.
I don't care if it tanks to $10 dollars again. That just gives me the opportunity to buy a whole lot more. How do you hunt bears? Patiently.
I wonder what will happen when all the coins will end up in the hands of 100-200 people.  |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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January 08, 2015, 11:39:16 PM |
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This is not my first multi-year bear market. I just got a second job and not only will I not be selling anymore coins, but I will be adding to my position until either after the next ATH or if it never comes, after I retire.
I don't care if it tanks to $10 dollars again. That just gives me the opportunity to buy a whole lot more. How do you hunt bears? Patiently.
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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January 08, 2015, 11:40:58 PM |
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This is not my first multi-year bear market. I just got a second job and not only will I not be selling anymore coins, but I will be adding to my position until either after the next ATH or if it never comes, after I retire.
I don't care if it tanks to $10 dollars again. That just gives me the opportunity to buy a whole lot more. How do you hunt bears? Patiently.
Don't you think another coin would take bitcoin's place if it were to go down to $10 though? I mean, sure, bitcoin is the crypto-currency which gets mentioned all the time and it was the first one but when we come down to those low levels, I think it'll be the sharp money which decides which one will grow big and they will probably choose a better one. That's roughly akin to saying oil replaced coal when the industrial revolution switched from steam to internal combustion, so coal is now worthless. I think it likely that BTC will remain a good investment even if something else proves to be an even better investment. |
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findftp
Legendary
Offline
Activity: 1022
Merit: 1006
Delusional crypto obsessionist
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January 08, 2015, 11:42:01 PM |
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What does it say? I see a lot of symbolic, that's for sure. |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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January 08, 2015, 11:43:44 PM
Last edit: January 09, 2015, 12:10:07 AM by BlindMayorBitcorn |
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This is not my first multi-year bear market. I just got a second job and not only will I not be selling anymore coins, but I will be adding to my position until either after the next ATH or if it never comes, after I retire.
I don't care if it tanks to $10 dollars again. That just gives me the opportunity to buy a whole lot more. How do you hunt bears? Patiently.
Don't you think another coin would take bitcoin's place if it were to go down to $10 though? I mean, sure, bitcoin is the crypto-currency which gets mentioned all the time and it was the first one but when we come down to those low levels, I think it'll be the sharp money which decides which one will grow big and they will probably choose a better one. oil replaced coal when the industrial revolution switched from steam to internal combustion, so coal is now worthless. I think it likely that BTC will remain a good investment even if something else proves to be an even better investment. It's not roughly akin to saying that at all. Oil and coal are substantially different things. A clone of Bitcoin will still be Bitcoin, call it what you will |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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January 08, 2015, 11:46:17 PM
Last edit: January 09, 2015, 12:01:15 AM by billyjoeallen |
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This is not my first multi-year bear market. I just got a second job and not only will I not be selling anymore coins, but I will be adding to my position until either after the next ATH or if it never comes, after I retire.
I don't care if it tanks to $10 dollars again. That just gives me the opportunity to buy a whole lot more. How do you hunt bears? Patiently.
I wonder what will happen when all the coins will end up in the hands of 100-200 people. I'll try to take them from one of them so their will only be 99 of us. There's prolly only a handful of people who own most of the world's precious art but that doesn't make it worthless. This is history and owning a piece of the world's first cryptocurrency could become a valuable collector's item even if it never becomes a reserve currency. I've bought $100,000,000,000 notes from Zimbabwe. I'd like to own a confederate dollar. I would pay double for one of Laslo's Pizza coins, to name a few examples. |
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diabLEEca
Member
Offline
Activity: 61
Merit: 10
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January 08, 2015, 11:47:42 PM |
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Man, you could at least translate it. :/ I can speak three languages other than English but if I'm on an English forum, I don't assume everyone else understands e.g. Dutch. |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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January 08, 2015, 11:49:08 PM |
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WTF?! That's not even...  That...that ain't right that |
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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January 08, 2015, 11:52:24 PM |
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If within an hour there won't be sustained buying, another dump gets highly probable.
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NotHatinJustTrollin
Full Member
Offline
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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January 08, 2015, 11:54:20 PM |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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January 08, 2015, 11:54:47 PM |
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If within an hour there won't be sustained buying, another dump gets highly probable.
I'd also like to go out on a limb and say the probability of another dump is highly probably |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 09, 2015, 12:00:02 AM |
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JorgeStolfi
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January 09, 2015, 12:02:23 AM |
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Man, you could at least translate it. :/ I can speak three languages other than English but if I'm on an English forum, I don't assume everyone else understands e.g. Dutch. Predictions of Wizard Houellebecq In 2015 I will lose my teeth In 2022 I will do Ramadan |
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ShroomsKit
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January 09, 2015, 12:04:41 AM |
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Bitfinex will destroy Bitcoin.
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celebreze32
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January 09, 2015, 12:06:49 AM |
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Bitfinex will destroy Bitcoin.
Why, what do you think's wrong with the exchange? |
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Wandererfromthenorth
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January 09, 2015, 12:07:19 AM |
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Man, you could at least translate it. :/ I can speak three languages other than English but if I'm on an English forum, I don't assume everyone else understands e.g. Dutch. Predictions of Wizard Houellebecq In 2015 I will lose my teeth In 2022 I will do Ramadan Incredibile, questo professore conosce sia l'italiano che il francese! Le Monsieur! Il est plein de ressources! Je suis surpris! Bravo! :-D |
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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January 09, 2015, 12:07:37 AM |
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Bitfinex will destroy Bitcoin.
That's an overstatement, but it just took the bearish lead. |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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January 09, 2015, 12:10:50 AM |
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Bitfinex will destroy Bitcoin.
That's an overstatement, but it just took the bearish lead. It's the leveraged short capital of Bitcoinlandia! |
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