bitebits
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Activity: 2317
Merit: 3791
Flippin' burgers since 1163.
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September 18, 2014, 05:01:04 PM |
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Let's take a moment of silence for those holding.  What happend, do they have less bitcoins now? |
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N12
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Activity: 1610
Merit: 1011
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September 18, 2014, 05:02:12 PM |
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ShroomsKit is such a fudster.
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itod
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Activity: 1988
Merit: 1077
Honey badger just does not care
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September 18, 2014, 05:03:04 PM |
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The cheap coins argument. I'm so tired of it.
How many more years will peoole be cheering that we're going down? Every drop since 1200 has been totally fucking awesome because "cheap coins".
We dropped to 900! Awesome! I'm buying all these cheap coins! 700! Perfect! I'm buying! 500 woooow cheap coins! I'm buying. 450! I can wait for 300's buying them cheap coins! 250 this couldn't be any better. Buying here! 100 fuck i'm buying. 1 cheeeaaap coins i'm buying! Bitcoin dead but fuck that i'm sitting on all these cheap coins!
Actually ShroomsKit has a point. Both traders and holders rely on buying low ONLY in the hopes that it goes up from there. But what if it doesn't? I don't get this "What if it doesn't go up?". If I would think there's even a small realistic chance BTC won't go up above ATH I would sell immediately to fiat. Nothing is impossible, but BTC not going up is very close to impossible. That's the reason why this drop gives me a joy, I really haven't hoped I could grab more for < $300, I thought I would never ever be able to buy significant amount of BTC again. Now there's sudden hope! |
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N12
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Activity: 1610
Merit: 1011
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September 18, 2014, 05:03:06 PM |
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I guess we're now re-testing a very very long term support line. This is worrying! If we break below $350 - I don't like this saying at all usually - we're doomed!
And why would that be? You probably would have said the same in 2011 about $4. |
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FNG
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September 18, 2014, 05:03:13 PM |
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...most of you here don't spend any time studying all technical and ideological aspects of Bitcoin and think that Bitcoin survival is related to its price only, which is very wrong... there is more to Bitcoin than its price.
^that. lol..of course there's more to bitcoin than it's price. But..at a marketcap or a few billion it's potential to do many things that it would otherwise excel at is severely diminished. Bitcoin's utility increases dramatically with price. |
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scarsbergholden
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September 18, 2014, 05:03:22 PM |
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I guess we're now re-testing a very very long term support line. This is worrying! If we break below $350 - I don't like this saying at all usually - we're doomed!
I am very, very confident that we will bounce ~ $340-360 (maybe wick a bit lower), and I do think that we will go there. Still may not be bottom by any means, but we should rally off there methinks. |
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ShroomsKit
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September 18, 2014, 05:04:10 PM |
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I guess we're now re-testing a very very long term support line. This is worrying! If we break below $350 - I don't like this saying at all usually - we're doomed!
I truly think we're fucked if we cross that point. It simply shouldn't go that low if Bitcoin is healthy. If we cross it then there is something seriously wrong and there will be a good chance it won't go up anymore. |
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Patel
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Activity: 1320
Merit: 1007
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September 18, 2014, 05:04:30 PM |
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And then there you are. With all your cheap coins worth shit.
I never said I was holding. Where did you come up with that assumption? You're assuming too much. |
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Chuckee
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Activity: 70
Merit: 10
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September 18, 2014, 05:04:41 PM |
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ShroomsKit is such a fudster.
So are you going to ban him too and shamelessly attempt to extort money like you did with the other bears? Must really upset you that they were all right. |
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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September 18, 2014, 05:05:03 PM |
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 don't panic - hodl & enjoy the ride +1 Anyone has any comments about the volume? |
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N12
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Activity: 1610
Merit: 1011
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September 18, 2014, 05:05:17 PM |
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I guess we're now re-testing a very very long term support line. This is worrying! If we break below $350 - I don't like this saying at all usually - we're doomed!
I truly think we're fucked if we cross that point. It simply shouldn't go that low if Bitcoin is healthy. If we cross it then there is something seriously wrong and there will be a good chance it won't go up anymore. If we go below, I hope I'll get to buy some of your coins.  |
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akujin
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September 18, 2014, 05:05:25 PM |
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FNG
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September 18, 2014, 05:05:30 PM |
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OMG cut your losses..bitcoin's infrastructure has ground to a halt..and the current global financial construct looks better than ever..no cracks at all.
lol..I see a lot of I sold at $420 what should I do posts in the future
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sidhujag
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Activity: 2044
Merit: 1005
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September 18, 2014, 05:06:29 PM |
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Waitign for noobs to come say.. what happened, wats the news why down? Thats when I buy.
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ShroomsKit
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September 18, 2014, 05:06:44 PM |
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And then there you are. With all your cheap coins worth shit.
I never said I was holding. Where did you come up with that assumption? I general. Not aimed at you. |
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Richy_T
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Activity: 2870
Merit: 2614
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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September 18, 2014, 05:06:47 PM |
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...most of you here don't spend any time studying all technical and ideological aspects of Bitcoin and think that Bitcoin survival is related to its price only, which is very wrong... there is more to Bitcoin than its price.
^that. lol..of course there's more to bitcoin than it's price. But..at a marketcap or a few billion it's potential to do many things that it would otherwise excel at is severely diminished. Bitcoin's utility increases dramatically with price. This is true. I keep hearing comments about Scotland should adopt Bitcoin. Whilst that's not likely in any case, it's just plain logistically unrealistic even with the price an order of magnitude above what it is currently. |
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N12
Donator
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Activity: 1610
Merit: 1011
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September 18, 2014, 05:07:19 PM |
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ShroomsKit is such a fudster.
So are you going to ban him too and shamelessly attempt to extort money like you did with the other bears? Must really upset you that they were all right. Damn, first the permabulls flame me for not banning everyone they see as trolls (even accusing me of being one), now the permabears flame me for banning trolls. |
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ShroomsKit
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September 18, 2014, 05:07:27 PM |
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Waitign for noobs to come say.. what happened, wats the news why down? Thats when I buy.
This happened so many times since 1200. So how much did you buy? |
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hodlmybtc
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September 18, 2014, 05:07:55 PM |
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Waitign for noobs to come say.. what happened, wats the news why down? Thats when I buy.
It's already happening, look at the Speculation subforum. BUYING TIME! |
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Torque
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Activity: 3822
Merit: 5504
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September 18, 2014, 05:08:04 PM |
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I guess we're now re-testing a very very long term support line. This is worrying! If we break below $350 - I don't like this saying at all usually - we're doomed!
I truly think we're fucked if we cross that point. It simply shouldn't go that low if Bitcoin is healthy. If we cross it then there is something seriously wrong and there will be a good chance it won't go up anymore. Actually, I would look at it differently. If we go that low, and people really do start cashing out at a major loss, then we're looking at another 2+ years of slow sideways before even getting near the last ATH. Because no matter how revolutionary bitcoin may be, the Average Joe just doesn't care enough to continue to lose money. Period. Even the average bitcoin enthusiast expects SOME level of growth. |
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