aminorex
Legendary
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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March 31, 2014, 06:16:19 PM |
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Yeah, but what is the profile of the average BTC chinese investor? Maybe they are NOT regular chinese people. We have to recall that probably less than 5% of chinese have heard about BTC and probably less than .1% have taken any steps towards purchasing any BTC and probably less than .01% have any significant BTC holdings of more than 10 BTC. In other words we are referring to a subset of a subset of a group.
Those percentages are extremely high, in my opinion. |
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Mad Scientist
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March 31, 2014, 06:30:50 PM |
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When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
You guys are no different than the Aura and Mazacoin crowd: Delusional.
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KeyserSoze
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March 31, 2014, 06:35:12 PM |
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When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
"M O O N - that spells Nebraska!" http://www.youtube.com/watch?v=WS0RfsMKNnY |
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igorr
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March 31, 2014, 06:42:41 PM |
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When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
"M O O N - that spells Nebraska!" http://www.youtube.com/watch?v=WS0RfsMKNnYalways the same story. |
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10180
Self-Custody is a right. Say no to"Non-custodial"
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March 31, 2014, 06:47:26 PM |
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Yeah, but what is the profile of the average BTC chinese investor? Maybe they are NOT regular chinese people. We have to recall that probably less than 5% of chinese have heard about BTC and probably less than .1% have taken any steps towards purchasing any BTC and probably less than .01% have any significant BTC holdings of more than 10 BTC. In other words we are referring to a subset of a subset of a group.
Those percentages are extremely high, in my opinion. I am pretty sure that you are correct. Since i was just talking by guestimating, I was being a bit generous to give benefit of the doubt... but even with the numbers that I am asserting, it shows that the earlier claim is preposterous to try to suggest that BTC is even coming close to approaching some kind of mainstream phenomenon in China that would somehow affect "regular" chinese people. Another poster, Xell, made the point much more directly than me. Here: https://bitcointalk.org/index.php?topic=178336.msg6001631#msg6001631 |
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fotosonics
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March 31, 2014, 06:47:29 PM |
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When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
"M O O N - that spells Nebraska!" http://www.youtube.com/watch?v=WS0RfsMKNnYalways the same story. Wait a sec -- Mad Scientist and Igorr on the same page.  |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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March 31, 2014, 06:48:17 PM |
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When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
"M O O N - that spells Nebraska!" http://www.youtube.com/watch?v=WS0RfsMKNnYalways the same story. Wait a sec -- Mad Scientist and Igorr on the same page. Lol. Sounds about right. It's a bitcoin forum. |
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10180
Self-Custody is a right. Say no to"Non-custodial"
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March 31, 2014, 06:55:51 PM |
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When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
You guys are no different than the Aura and Mazacoin crowd: Delusional.
That is NOT called delusional, it is called either aspirational or projection or prediction... sometimes it is stated blindly and other times it is stated within a context. Many of us in the bitcoin sphere expect bitcoin to take off on an upward projection, and some of us are thinking that it may take off sooner, rather than later... so that can be a bit anxious, and maybe even become delusional, if people were to invest at $1200 or some other high amount, and see the price going down, rather than up.. surely there is going to be an up trend it is a matter of when and for how long and how persistent.. those questions are all worthy of different conclusions from different people... since you seem to be in this space to critique the comments of others, what is your aspiration or investment into bitcoin or some other asset? If NOT bitcoin, then what are you doing, here? You understand that there is a variety of people here with a variety of perspectives, and what point do you make by criticizing people for saying to the moon? Why don't you say: BUY, BUY, BUY..... and get into the spirit rather than calling people names (such as delusional)? |
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EuroTrash
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March 31, 2014, 06:57:45 PM |
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And now the phase when the forums go almost dead. People give up on watching the price so to save themselves from more disappointment. Most of them made their moves already and took their coins/fiat away.
Some new entries and some old speculators played the anticipation game and bought at 450. So far it might not be enough to stop the downward slide.
If we are lucky, this is like June 2013 just a tad longer.
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 31, 2014, 07:00:43 PM |
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Cheeseonastick
Newbie
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Activity: 45
Merit: 0
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March 31, 2014, 07:02:17 PM |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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March 31, 2014, 07:04:59 PM |
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When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
You guys are no different than the Aura and Mazacoin crowd: Delusional.
we are still up more then 4,500,000% over 5 years please remind me of who is delusional |
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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March 31, 2014, 07:07:38 PM |
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When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
You guys are no different than the Aura and Mazacoin crowd: Delusional.
we are still up more then 4,500,000% over 5 years please remind me of who is delusional i think it wont be that fast anymore tho. edit: and its 3 years since it wasnt on any exchange when still in development stage. |
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BBmodBB
Full Member
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Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
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March 31, 2014, 07:14:23 PM |
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Warren Buffet lols the little dude ^ |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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March 31, 2014, 07:16:43 PM |
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Warren Buffet lols the little dude ^ Honey badger doesn't give a shit. |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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March 31, 2014, 07:18:34 PM |
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With all this volatility I am shocked that TERA has gone quiet.
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EuroTrash
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March 31, 2014, 07:24:17 PM |
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With all this volatility I am shocked that TERA has gone quiet.
It's a pity. It was a pleasure to read her posts. |
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rjp55
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March 31, 2014, 07:24:42 PM |
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With all this volatility I am shocked that TERA has gone quiet.
He's too busy making perfectly executed trades to the cent of every top and bottom and saying I told you so to everyone in his path. |
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