shmadz
Legendary
 Offline
Activity: 1512
Merit: 1000
@theshmadz
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January 13, 2015, 01:37:57 AM |
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[...] as always never, ever spend more that you are willing to lose completely.
Words of wisdom. I'm probably a little too excited to be picking up coins at these prices, but I fully understand the risk involved. It's quite possible that there is no bottom and I'm just throwing money away right now. It's also possible that this is all just a dream and I'll wake up tomorrow and happily go slave away at work tomorrow like always. Such is life. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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ShroomsKit
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January 13, 2015, 01:38:56 AM |
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What the hell is happening?
Here we go again... If Bitstamp is back with improved security and no one got Goxed, why are we going nowhere but down?
Jesus Christ! Do i need to explain it again? Look there are 4 types of Bitcoin users left: The consumer: This is a very, very small %. They buy coins and spend them. Regardless of the price. The bagholder: a small group of delusional idiots who keep yelling that we're about to go up, no matter how bad the market is. These 2 groups don't control the price. The 2 other groups do control the price and are the reason we're going down. The early adopter: this big group of people just keeps cashing out. The smart ones did it early last year, the less smart ones have been doing it the rest of the months and even today. The trader: by far the biggest group. This is the pump and dump you keep on seeing. Sell high, buy low. But the lows keep getting lower. Right now 270 is high. So guess what, they will take the price to 220 to buy low. They will repeat this all the way to 0. The group we don't have and which we need are new users. Well, after 6 years we can safely say they won't show up anymore. Now fucking stop asking why the price is going down. 90% of the "users" of Bitcoin just use it to make short term money and don't give a shit about the technology. They will keep raping Bitcoin till it's dead. |
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poncho32
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January 13, 2015, 01:39:16 AM |
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What the hell is happening?
I wa wondering that too. Have the feds announced another auction or did something important happen at the trial? |
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GaliX
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January 13, 2015, 01:39:25 AM |
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Interesting, where will be the next stop. 250 is like no resistance.
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Stevenirving
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January 13, 2015, 01:39:30 AM |
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As a purmabull I am happy.
I am saying this now so I can quote myself later with all of my compradres.
HODL
More cheap coins.
God is good.
Thank you Raphael for the help.
Come on bounce!!!!
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Eamorr
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January 13, 2015, 01:40:04 AM |
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What the hell is happening?
I understand a coordinated anti-terrorism announcement on Bitcoin is imminent. |
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pjviitas
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January 13, 2015, 01:40:42 AM |
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Interesting, where will be the next stop. 250 is like no resistance.
$195 is the next stop on the 3d charts |
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Wandererfromthenorth
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January 13, 2015, 01:41:21 AM |
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What the hell is happening?
I wa wondering that too. Have the feds announced another auction or did something important happen at the trial? Maybe there is no mystery or conspiracy and the "beartrolls" were right in saying that bitcoin is a shitty investment that was gonna get you screwed? Good luck catching falling knives though. |
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GaliX
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January 13, 2015, 01:41:48 AM |
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What the hell is happening?
I wa wondering that too. Have the feds announced another auction or did something important happen at the trial? no it's just the trader reaction to the new low we broke. It was to be expected somehow. who knows how much the willi-bot really bought in the end. maybe we will really go for double digits? |
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JamesBrown
Member
Offline
Activity: 98
Merit: 10
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January 13, 2015, 01:41:56 AM |
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Anyone else coming back from bed? yawn!
Is there blood on the streets yet?
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Eamorr
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January 13, 2015, 01:42:03 AM |
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Thanks China.  |
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YourMother
Legendary
Offline
Activity: 1281
Merit: 1046
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January 13, 2015, 01:42:28 AM |
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Soon enough they will have to pay me to accept bitcoin in my wallet
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DaRude
Legendary
Offline
Activity: 2781
Merit: 1791
In order to dump coins one must have coins
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January 13, 2015, 01:42:45 AM |
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What the hell is happening?
I understand a coordinated anti-terrorism announcement on Bitcoin is imminent. I'm guessing Chinese mining farms are folding liquidating everything in a fire sale |
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samsonn25
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January 13, 2015, 01:43:17 AM |
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What the hell is happening?
I wa wondering that too. Have the feds announced another auction or did something important happen at the trial? Maybe there is no mystery or conspiracy and the "beartrolls" were right in saying that bitcoin is a shitty investment that was gonna get you screwed? Good luck catching falling knives though. Investing in tulips |
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ssmc2
Legendary
Offline
Activity: 2002
Merit: 1040
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January 13, 2015, 01:43:45 AM |
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What the hell is happening?
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GaliX
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January 13, 2015, 01:43:58 AM |
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Anyone else coming back from bed? yawn!
Is there blood on the streets yet?
no Blood would be like -10% or even more. This is just a 5% sting. Wait and see how this develops before buying. |
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BTCtrader71
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January 13, 2015, 01:45:35 AM |
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Buying lightly on the way down
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Poll
