Beanie babies/Bitcoin bag holders be like:

[pearlmen]

First shoots of recovery popping through now, back above $2000. I don't think there will be further epic collapsing as some predict.

Thats what people are failing to realize with this news that has filtered the air waves concerning Segtwit and I would be worried if price didnt drop  because of the uncertainty surrounding the current and events that will be happening. Aside that, I have looked at the price and discovered that the reason for the panics is because we all get used to increase in price and not the other way round and the earlier we realize that much of what eventually happens to price depends on us.

[BillyBobZorton]

Been collecting bitcoin since $150 when idiots like you were claiming it was dead coming from the big MtGox crash. Then the same idiots like you disappeared and came back on every dip, which I used to collect more. This is no different, time to take advantage from the FUDsters and by discount bitcoin, simple as that. See you on the ATH, even if it takes months, buyers and holders always win in the long term.

[leopard2]

so OP where is your fiat money now? In an exchange? Hope it does not get hacked or freezes your funds for some reason....or your bank account gets frozen because of that funny wire transfer from a Bitcoin company ( I am assuming you got lots of BTC, otherwise there would be no reason to worry and cash out).

Maybe soon you get a letter or a visit from the IRS or someone else, because of that funny wire transfer; they will "invite" you and ask lots of questions....and I guess right now, a US Coinbase user who got out at $2900 feels alot worse than someone who lost 40% on paper during the recent drop.

The key issue is that you can own crypto, but you cannot truly own fiat.

Take Gox (or  a more recent examples when Chinese exchanges froze accounts): in that case people lost 100% of access to their funds, while BTC never dropped 100%, and always recovered.  

[webcrypt]

The key issue is that you can own crypto, but you cannot truly own fiat.

Why does it have to be fiat ? Lots of tangible goods are for sale out there. Gold, real estate, cars, stuff that has been around a hell of a lot longer the Bitcoins and has held value much more steady.

Bitcoins is still a speculative market. It is not a solid investment, it is a game. Like any speculative market people who stay in when it sinks will lose.

[leopard2]

The key issue is that you can own crypto, but you cannot truly own fiat.

Why does it have to be fiat ? Lots of tangible goods are for sale out there. Gold, real estate, cars, stuff that has been around a hell of a lot longer the Bitcoins and has held value much more steady.

Bitcoins is still a speculative market. It is not a solid investment, it is a game. Like any speculative market people who stay in when it sinks will lose.

I do not know where you could buy a house or gold without explaining the origin of the funds....are U in Somalia???

But I cannot take someone seriously who thinks that cars hold value? A fucking CAR?

HAHAHAHA so go find someone who sold in 2013, at $1100, bought a car, and has more value now....

[maku]

I suggest you stay out. Fiat will give you everything you could ever hope for.

Why would I stay out. Fiat currency will not go up and down 20% in a week. Might go down that much in a week in Nigeria or Valenzuela.

Bitcoins is a speculative game at this stage. If you plain on "buy and hold" you are going to get burned..

So far your words hold no ground, bitcoin price history shows that price is growing constantly, as people's awareness and Bitcoin adoption is growing.
It is only natural that we also have some sharp turns bumpy roads along the way, scaling upgrade drama is only a temporary inconvenience.
Soon it will be over and bitcoin will resume its victory march.

[webcrypt]

I do not know where you could buy a house or gold without explaining the origin of the funds....are U in Somalia???

Billions of dollars everyday flow tru off shore bank accts and shell companies.

And how the hell are you going to buy a house with bitcion without "explaining the origin of the funds" ?? If you are talking about anonymous money storage and transfers Bitcoins is not the only game or the best game. and to sit in a losing Bitcoin investment because you are to lazy or ignorant to seek an alternative ..?

You are talking about a brand new speculative market that is volatile as hell. and your strategy is to sit.. ? Because everything else is "HAHAHAHA"

But I cannot take someone seriously who thinks that cars hold value? A fucking CAR?

HAHAHAHA so go find someone who sold in 2013, at $1100, bought a car, and has more value now....

Not all investments are for purely holding value. If you need to drive a car everyday you invest in one and use it, make money with it and enjoy it. I made a lot of money with my car in 2013. It was tool and a good investment.

I suggest you stay out. Fiat will give you everything you could ever hope for.

Why would I stay out. Fiat currency will not go up and down 20% in a week. Might go down that much in a week in Nigeria or Valenzuela.

Bitcoins is a speculative game at this stage. If you plain on "buy and hold" you are going to get burned..

So far your words hold no ground, bitcoin price history shows that price is growing constantly, as people's awareness and Bitcoin adoption is growing.
It is only natural that we also have some sharp turns bumpy roads along the way, scaling upgrade drama is only a temporary inconvenience.
Soon it will be over and bitcoin will resume its victory march.

"bitcoin price history" a steady line then a massive spike= Bubble. Same movement all bubbles have.

"Bitcoin adoption" is slow... slower then investments= Bubble.

[Foxpup]

2017Bubble = kwukduck. It is obvious.

Not to me, it isn't. I need to hear it from him. I just bought about BTC50 and I'd like some reassurance from his reverse crystal ball that I've done the right thing.

You want to hear me say that was stupid? Yes it was, price will crash a lot more as the panic and chaos increases for the weeks to come. Consider how far it has crashed so far, and how much time we still have to go until the chain split. I can tell you the crash hasn't even started yet!

Thank you kindly, Opposite Oracle. The price has already started to bounce back giving me a nice profit. As always, I am indebted to your anti-guidance.

[Kakmakr]

Well, I jumped back in at $2000 yesterday and I am already up $2230+ today. Sold only 3 x bitcoins today and paid for a weekend of camping with the family from the profits. < +/- $500 after trading fees & taxes >

These spectators and critics and shills are missing out on a lot of fun and profits. While they pump their hidden agendas, we reap the profits by being in the frontlines. )o(

[slaman29]

Well, I jumped back in at $2000 yesterday and I am already up $2230+ today. Sold only 3 x bitcoins today and paid for a weekend of camping with the family from the profits. < +/- $500 after trading fees & taxes >

These spectators and critics and shills are missing out on a lot of fun and profits. While they pump their hidden agendas, we reap the profits by being in the frontlines. )o(

Wait, aren't all the frontline people really the ones paying for these spectators and critics and shills? How else do they buy BTC cheap and trigger all their sell orders

Enjoy your well-deserved weekend camping. Plenty of drama to come back to.

[gentlemand]

But I cannot take someone seriously who thinks that cars hold value? A fucking CAR?

HAHAHAHA so go find someone who sold in 2013, at $1100, bought a car, and has more value now....

There are many, many cars you could've bought back then that you might have doubled your money on or more. Any crappy old 911, BMW M3s, Lancia Integrales, the list is endless.

If you think crypto is in a bubble, then premium cars gave up on rationality a long time ago.

[BillyBobZorton]

But I cannot take someone seriously who thinks that cars hold value? A fucking CAR?

HAHAHAHA so go find someone who sold in 2013, at $1100, bought a car, and has more value now....

There are many, many cars you could've bought back then that you might have doubled your money on or more. Any crappy old 911, BMW M3s, Lancia Integrales, the list is endless.

If you think crypto is in a bubble, then premium cars gave up on rationality a long time ago.

Well it depends on how often do you use it. If you got for example a Toyota Supra and you keep it low on the mileage, it will continue appreciating. But if you use it daily the mileage will go up and it will depreciate. It's clear that a car must not be used to be treated as an asset and not a liability.

[Elwar]

But I cannot take someone seriously who thinks that cars hold value? A fucking CAR?

HAHAHAHA so go find someone who sold in 2013, at $1100, bought a car, and has more value now....

There are many, many cars you could've bought back then that you might have doubled your money on or more. Any crappy old 911, BMW M3s, Lancia Integrales, the list is endless.

If you think crypto is in a bubble, then premium cars gave up on rationality a long time ago.

I had a crappy old 911. It lost value and cost a lot to repair.