goldkingcoiner
Legendary
 Online
Activity: 2030
Merit: 1643
Verified Bitcoin Hodler
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November 23, 2018, 07:46:18 PM |
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The hodlers only come here to panic with everyone else. Can't miss those community panic moments.  |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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FractalUniverse
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November 23, 2018, 07:47:39 PM |
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yeah we like to panic together. its more fun |
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bitserve
Legendary
 Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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November 23, 2018, 07:49:34 PM |
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True dat.
It's always better to panic shitpost than panic sell.
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sirazimuth
Legendary
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Activity: 3346
Merit: 3482
born once atheist
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November 23, 2018, 07:50:20 PM |
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Tell 'em it's up 10x plus over 3 years and how're their pensions doing?
edited
so true... I don't think the average schmuck has a concept that one can still be way up on an asset that has just plunged from 20k to 4k in less than a year. |
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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November 23, 2018, 07:53:46 PM |
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 creative FUD is coming, dispair is obvious.... REVERSAL in sight ? |
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barota
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November 23, 2018, 07:55:01 PM |
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The huge whale buys your bitcoin at low price Do not forget when we were in 1**** (Five numbers) per one bitcoin Just a year ago
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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November 23, 2018, 07:57:08 PM |
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True dat.
It's always better to panic shitpost than panic sell.
DO NOT WORRY ..... TOMORROW   |
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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November 23, 2018, 08:00:20 PM |
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  man do i LOVE : Pick it pack it fire it up come along and take a hit from the hopiumbong |
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bones261
Legendary
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Activity: 1806
Merit: 1826
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November 23, 2018, 08:01:03 PM |
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so true...
I don't think the average schmuck has a concept that one can still be way up
on an asset that has just plunged from 20k to 4k in less than a year.
Well, when I explain to the average schmuck that I bought in late 2014 and summer of 2015, it becomes crystal clear to them that even at this price, I am way ahead. Also, I have not been very good at HODL. Sold little chunks since November of 2017 to pay bills and keep afloat. Only disappointment is that BTC didn't go high enough for this minnow to be financially set. However, what can someone really expect from a total investment that was probably less than $2000 USD for me? My biggest regret is that I didn't have the balls to just buy more in 2014 and 2015 or even start earlier when I first became aware of BTC back in 2012. Oh well, it's all water under the bridge. |
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bitserve
Legendary
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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November 23, 2018, 08:13:30 PM |
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Anyone has a current historical graph of difficulty/hashrate vs price?
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mindrust
Legendary
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Activity: 3234
Merit: 2414
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November 23, 2018, 08:13:31 PM Merited by JayJuanGee (1) |
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so true...
I don't think the average schmuck has a concept that one can still be way up
on an asset that has just plunged from 20k to 4k in less than a year.
Well, when I explain to the average schmuck that I bought in late 2014 and summer of 2015, it becomes crystal clear to them that even at this price, I am way ahead. Also, I have not been very good at HODL. Sold little chunks since November of 2017 to pay bills and keep afloat. Only disappointment is that BTC didn't go high enough for this minnow to be financially set. However, what can someone really expect from a total investment that was probably less than $2000 USD for me? My biggest regret is that I didn't have the balls to just buy more in 2014 and 2015 or even start earlier when I first became aware of BTC back in 2012. Oh well, it's all water under the bridge. In 2014-2015 I was afraid to put $100 on bitcoin. (I met btc just before the gox pump in 2013/Dec) In 2017-2018 I put total $15k. Some call it stupid, I call it adoption.  That's why bitcoin does these corrections. Every time it pumps and dumps, more people joins the party. Remember:  |
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Searing
Copper Member
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Activity: 2898
Merit: 1464
Clueless!
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November 23, 2018, 08:14:24 PM |
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man do i LOVE : Pick it pack it fire it up come along and take a hit from the hopiumbongI see it hitting 3k when the SEC denies the ETF's and probably revisiting 3k when mt gox dumps all the coin in Feb/March 2019 at which time I'm fairly sure the US will be in a recession...the whole store of value of crypto will not be working too well with the above either to keep prices up .it is gonna suck this is gonna take a bit hope I'm wrong...but..... brad |
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Kylapoiss
Sr. Member
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Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
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November 23, 2018, 08:15:50 PM |
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Thanks for this. The castle fire wasn't actually the only one for Risto, half a year prior to that his rented property in Tallinn Old Town caught fire aswell. And he had some strange parties going on all the time, he even had his own imaginary money which could be used there. They do suspect that the castle fire was self ignited. |
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Hueristic
Legendary
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Activity: 3794
Merit: 4863
Doomed to see the future and unable to prevent it
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November 23, 2018, 08:16:40 PM |
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No fear at all.
It's a win-win situation.
Moon = Riches beyond wildest dreams
Zero = Life goes on as normal (fiat reserves sufficient)
Only those who went all-in are afraid. And I still believe they will be winners, too, in the end.
Well to be fair, only if they can last that long. going all in is foolish in any risk scenario. you must always keep a buffer for the unforeseen. I guess growing up without taught me that and there are a ton of fools that never had to learn it and are now finding it out the hard way. My rule of thumb has always been to have a minimum of 6 months living expenses to fall back on at a bare minimum. Stupidity and greed is a sure fire recipe for epic failures in life. No fear at all.
It's a win-win situation.
Moon = Riches beyond wildest dreams
Zero = Life goes on as normal (fiat reserves sufficient)
Only those who went all-in are afraid. And I still believe they will be winners, too, in the end.
I went all in and have gained more than I invested. It's already a win no matter what happens. Only question is if it is a small win or a life changing one. No reason not to bet it all at this point.Bolded is foolish, you must have others you can fall back on when you fail. I'm in extreme distress right now, having a huge panic attack. The money I lost in bitcoin,eth,xmr is very high.
Can barely breathe right now. someone help me Never thought it could ever go this low again, I am freaking out.
Drop acid. Load up Bitmex. Short with 100x leverage. And don't be surprised when they socialize your funds.  Just picked up some food at the local 7/11, and noticed they are selling some kind of electronic security gadget. Push a button to call for help to your location.
This is a safe country, and a safe part of the country. I wouldn't have imagined there was a market for something like this. Something fucky going on.
You're reading too much into it. It's called Push Button Emergency Help, it's intended to be used for medical emergencies. Primarily for senior citizens. Imagine you're having a stroke, fall down, etc... you're in serious pain and can't really talk... I asked about it, they specifically said it was for when someone is attacking you. The new social norm, preying on fear. It's been institutionalized as a control method. Well another day of too many pages to read!  |
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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November 23, 2018, 08:19:39 PM |
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so true...
I don't think the average schmuck has a concept that one can still be way up
on an asset that has just plunged from 20k to 4k in less than a year.
Well, when I explain to the average schmuck that I bought in late 2014 and summer of 2015, it becomes crystal clear to them that even at this price, I am way ahead. Also, I have not been very good at HODL. Sold little chunks since November of 2017 to pay bills and keep afloat. Only disappointment is that BTC didn't go high enough for this minnow to be financially set. However, what can someone really expect from a total investment that was probably less than $2000 USD for me? My biggest regret is that I didn't have the balls to just buy more in 2014 and 2015 or even start earlier when I first became aware of BTC back in 2012. Oh well, it's all water under the bridge. yeah thats true, can't buy anything when its been passed by... but with this DIP you have a nice opportunity to accumulate some more, but then again every persons situation and FIAT income is always much different from one to another, and @the beginning its always difficult to be an instant believer surely that early stage.... |
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Biodom
Legendary
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Activity: 3738
Merit: 3844
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November 23, 2018, 08:24:58 PM |
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I see it hitting 3k when the SEC denies the ETF's and probably revisiting 3k when mt gox dumps all the coin in Feb/March 2019 at which time I'm fairly sure
the US will be in a recession...the whole store of value of crypto will not be working too well with the above either to keep prices up .it is gonna suck
this is gonna take a bit
hope I'm wrong...but.....
brad
Well, it is all possible, albeit pessimistic. However, one thing is for sure: PTB better pray that bitcoin succeeds, otherwise they will end up with nothing and the new Dark Ages. The 247 trillion and counting debt pile cannot possibly be tamed, that's a given. I am about to restart DCA. |
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barota
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November 23, 2018, 08:25:07 PM |
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No one will benefit from the crash to catastrophic prices Because this leads to the entry of new hands whose sole purpose is money This is what makes bitcoin sink into the mud hold hold hold Is a successful solution  |
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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November 23, 2018, 08:25:27 PM |
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Thanks for this. The castle fire wasn't actually the only one for Risto, half a year prior to that his rented property in Tallinn Old Town caught fire aswell. And he had some strange parties going on all the time, he even had his own imaginary money which could be used there. They do suspect that the castle fire was self ignited. Good thing Rpietila was out of the country at the time. I am sure the insurance company will fight it hard... |
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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November 23, 2018, 08:25:38 PM |
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man do i LOVE : Pick it pack it fire it up come along and take a hit from the hopiumbongI see it hitting 3k when the SEC denies the ETF's and probably revisiting 3k when mt gox dumps all the coin in Feb/March 2019 at which time I'm fairly sure the US will be in a recession...the whole store of value of crypto will not be working too well with the above either to keep prices up .it is gonna suck this is gonna take a bit hope I'm wrong...but..... brad i think the ETF fud has been played already and will be the same as china FUD in the passed, we already getting used to it and people don't be bothered anymore by it....... always a HOPIUM for a next ETF to be approved as well. the recession could be something else cause i don't think people are already comfortable to see BTC as a solid store of value .... but will this recession happens so fast already? always hope your wrong when its bearish... however 3K is still not bad to be the absolute BOTTOM, however i hope we are @the BOTTOM already and let BOB's call just be right |
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