White sugar
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Activity: 1232
Merit: 1005
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August 01, 2015, 07:07:25 AM |
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Someone needs to make a halving countdown thread..
impossible because the halving date depends on how quickly the blocks are solved, and it greatly varies |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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White sugar
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Activity: 1232
Merit: 1005
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August 01, 2015, 07:17:22 AM
Last edit: August 03, 2015, 05:10:53 PM by White sugar |
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Fakhoury
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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August 01, 2015, 07:55:39 AM |
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I've been a bag holder since the price was ~$10/BTC. Boy do I feel stupid. That 18 months I was underwater in 2011-2012 actually caused me to sell some, but not this time.
That stash I have in cold storage, it isn't going to get smaller. It's going to get bigger until I am almost certain I can sell and buy back in at a lower price. That will be the next bubble, sometime before or slightly after the halving next year. Every day is one day closer to the halving, and so many stupid miners are selling everything they mine. Thanks for that. I mean, I know you need a ROI for your hardware and electricity, but you're making it pretty easy for me to increase my holdings. Maybe you and Laszlo can share a pizza and gloat about all the suckers buying your coins. and when the block reward gets chopped in half and difficulty makes your asics obsolete, you'll have memories and and a few bucks in your pocket, but what you won't have anymore is positive cash flow. I'll have all your coinz, bitches. I don't need BTC income. I've got two jobs and I guarantee I can wait you out.
You assholes that are jealous because some of us got in early, you don't know what it was like to HODL. We have piles of coins you can only dream about, but we got them before there was any infrastructure, before we even knew if we would be considered criminals for owning crypto. Before smart contracts and multisig wallets. We had faith. Faith in the laws of supply and demand, marginal utility, comparative advantage. And if we didn't have patience, we acquired some along they way. So if you want a wider distribution of crypto wealth, I suggest you stop crying about "early adopter luck" and take some intelligent risks. People thought I was crazy for buying in at $10 when the price had only recently been under a buck, and for a year and a half, they were right. But I don't regret buying in at $10. I regret not buying MOAR when it crashed to $2.
Respect !! |
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Arriemoller
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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August 01, 2015, 07:57:38 AM |
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Someone needs to make a halving countdown thread..
impossible because the halving date depends on how quickly the blocks are solved, and it greatly varies |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 01, 2015, 08:02:18 AM |
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rememberme
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August 01, 2015, 08:05:10 AM |
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Told you guys not to catch the falling knife
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WhatsBitcoin
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August 01, 2015, 08:06:33 AM |
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Told you guys not to catch the falling knife
Somebody had to do it  |
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inca
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Activity: 1176
Merit: 1000
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August 01, 2015, 08:14:45 AM |
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Few 1k dumps to shake out the weak hands and tempt the small fry to short.
Weekend retest of low 270's as support..?
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simmo77
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August 01, 2015, 08:31:31 AM |
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<snip>
BJA - aka Mr Charisma |
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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August 01, 2015, 08:36:01 AM |
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Such a shame. We were just a nat's cock away from $300
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 01, 2015, 09:02:17 AM |
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slap
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August 01, 2015, 09:11:41 AM |
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sAt0sHiFanClub
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August 01, 2015, 09:34:15 AM |
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<snip>
BJA - aka Mr Charisma He is just hurt because once he was, like, a gazzillionaire. And he watched, sitting in front of his computer, 40oz in hand, as it all disappeared because "HODL"... If you sold on Tuesday at 295, you could now buy back at 280. A nice 5%* windfall. But thats retarded, right? Assholes, right? * Your mileage will vary |
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sAt0sHiFanClub
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August 01, 2015, 09:46:36 AM |
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Nobody sells on the way down unless they're retarded.
Or trade professionally in the financial services market. |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 01, 2015, 10:02:18 AM |
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GaliX
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August 01, 2015, 10:06:56 AM
Last edit: August 01, 2015, 10:26:37 AM by GaliX |
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But... But... everybody was screaming it's different this time when they fomo bought... !!!
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reasonable
Newbie
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Activity: 14
Merit: 0
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August 01, 2015, 10:33:25 AM |
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sold my coins @ 285$ and waiting for some cheap coins.. i'm pretty sure that we're going down to at least 250, but hoping for $200 coins... Therefore: down down down  |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 01, 2015, 11:02:17 AM |
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inget
Member
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Activity: 111
Merit: 10
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August 01, 2015, 11:06:28 AM
Last edit: November 29, 2015, 05:51:57 PM by inget |
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Nobody sells on the way down unless they're retarded.
Or trade professionally in the financial services market. Sell now buy lower? For me it is easy that the price goes up, then go back. WHen it is higher you wait till the momentum is over and sell all. Mostly after 1 month it will go back to old price and you buy again. Then you repeat it. |
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