derpinheimer
Legendary
 Offline
Activity: 896
Merit: 1000
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April 11, 2014, 12:13:02 AM |
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From reddit:  LOL'd hard at this'un. |
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nakaone
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April 11, 2014, 12:13:22 AM |
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is there a technical issue with bitcoin or why do all people get full retard?
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UnDerDoG81
Legendary
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Activity: 2191
Merit: 1233
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April 11, 2014, 12:13:32 AM |
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I am going down with this ship Goodbye $25 grand   Me too captain  |
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FlyingLotus
Newbie
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Activity: 47
Merit: 0
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April 11, 2014, 12:13:59 AM |
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Feel sorry for you guys in despair at the moment..
If you still believe in the utility of BTC then stay strong I guess
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MinermanNC
Legendary
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Activity: 2212
Merit: 1000
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April 11, 2014, 12:14:03 AM |
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From reddit: LOL'd hard at this'un. lol, oh that's great lol |
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Davyd05
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April 11, 2014, 12:14:33 AM |
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I am going down with this ship Goodbye $25 grand Quit being so negative nah let them be , bears getting in their heads at this point boggles my mind. Either way gotta slaughter some pigs today for bacon tomorrow |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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April 11, 2014, 12:15:23 AM |
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That was perfect Fib retracement on Bitstamp.  This is so arbitrary. It just depends were you set the low and high point. And all the other lows are not not pefect. They are just somewhere between. That what you would expect with randomness... You set fibs from low to end of one impulse wave. It's big range but that's where I posted it. |
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slapper
Legendary
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Activity: 2310
Merit: 1164
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April 11, 2014, 12:16:13 AM |
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Feel sorry for you guys in despair at the moment..
If you still believe in the utility of BTC then stay strong I guess
Why cant you "utilize" with an altcoin that is not necessarily taking you to fiat moon but actually doing what satoshi's paper explained to do? |
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UnDerDoG81
Legendary
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Activity: 2191
Merit: 1233
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April 11, 2014, 12:16:39 AM |
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I am going down with this ship Goodbye $25 grand Hence your beliefs in impossible highs and rally's. I feel sorry for you though. Where did you buy? $100 the first time $440 the second time still have some faith though Thats no loss men, I bought @790 and @685 I know we will see new ATH´s so I can only laugh about all. I was in panic 20 mins ago but I would never sell to that low price. Instead of sell with that loss I play the game and go down with this ship as you said... |
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ampere9765
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April 11, 2014, 12:17:03 AM |
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That was perfect Fib retracement on Bitstamp. This is so arbitrary. It just depends were you set the low and high point. Yeah. Choosing the correct low and high point makes it not arbitrary. At all You can only bash TA methods if they arent predictive. There are plenty of questionable ones. Well fib levels are just about the most predictive possible tool in the entirety of methods |
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greenlion
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April 11, 2014, 12:17:15 AM |
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Miners are screwed, it is like 450 wasnt enough unprofitable, now they have to deal with 350 ASICs are only good for mining and electricity costs are marginal. So they can only mine and hope for better times  It's not at all marginal, if you max out a typical home 1440 watt line @ a US average rate of 0.15/kwatthr your cost is about $5.18 per day. |
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sonofliberty
Full Member
Offline
Activity: 395
Merit: 100
Market Integration Platform
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April 11, 2014, 12:17:25 AM |
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slapper
Legendary
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Activity: 2310
Merit: 1164
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April 11, 2014, 12:18:34 AM |
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Always remember, those who yell HODL, aren't necessarily hodling, they just give the impression they are, in order for them to dump at the higher prices. Learnt this the hard way with altcoin trading.
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 11, 2014, 12:19:02 AM |
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Unexpected events unfold the same during panic selling. I bought at 475 the last time unexpected news crashed the market. now I have the same signal. Five waves have unfolded and I am expecting a rally to cerca 2500. should consolidate for hours If I am correct.   EDIT. If this is correct, we are unlikely to pass 2100 today. |
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MinermanNC
Legendary
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Activity: 2212
Merit: 1000
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April 11, 2014, 12:19:17 AM |
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This all reminds me of a hurricane, everyone knows its coming but not sure how much they should prepare for it, and whether or not they should stay or leave, until its on them and to late Then your simply trapped and ride it out and hope for the best" then the sun comes back out, you clean up the mess and move on again until next time..... such is bitcoin |
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ampere9765
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April 11, 2014, 12:23:13 AM |
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Unexpected events unfold the same during panic selling. I bought at 475 the last time unexpected news crashed the market. now I have the same signal. Five waves have unfolded and I am expecting a rally to cerca 2500. should consolidate for hours If I am correct. Yeah but then we went to 416. Before bouncing and falling to current levels. |
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MinermanNC
Legendary
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Activity: 2212
Merit: 1000
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April 11, 2014, 12:24:03 AM |
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This all reminds me of a hurricane, everyone knows its coming but not sure how much they should prepare for it, and whether or not they should stay or leave, until its on them and to late Then your simply trapped and ride it out and hope for the best" then the sun comes back out, you clean up the mess and move on again until next time..... such is bitcoin Yep, trick part is u don't know if u gonna lose ur house or not Very true, much less your ass lol EDIT: I'm sure many in here are loosing there asses right about now.... |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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April 11, 2014, 12:24:35 AM |
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WHO THE HELL IS STILL SELLING??!!!!
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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April 11, 2014, 12:25:15 AM |
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Mining is no big deal issue. Half of all miners loose money. The difficulty will simply drop. It's happened before.
No! Why should the hashrate drop? Because they want to lose even more money? Successful miners mine at a loss 90% of the time. That last 10% of the time, they make 20X% profits. That's the way it works. It's the long game. The smart ones lock in operating expenses for years or donate to the Cause knowingly. The WANT difficulty to rise to the point that only they can continue to mine at all, much less mine profitably. Then they have cornered the market. It's not different incentive-wise to me wanting to die with the most coins. |
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