Confess, Single Digit Believers

[N12]

There have to be some of you out there. Does anybody believe Bitcoin will go below $10 again?

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[Frozenlock]

I'm not THAT bearish.

Are you?

[derpinheimer]

I confess. But I dont think its going to be hit for a long time, or by then, USD wont be what we measure bitcoins value in

[zoinky]

We got a long ways away until 1 mBTC = $1.  But I guess predictions are always good.

[N12]

I'm not THAT bearish.

Are you?

No.

[lucas.sev]

We got a long ways away until 1 mBTC = $1.  But I guess predictions are always good.

See this post is funny because OP meant per BTC! Ha-ha!

[mp420]

It MIGHT dip temporarily to single digits, but, absent down right catastrophic news, I don't believe it will stay for long under $10. Too much loose fiat around in the strong hands that sold around the peak.

I've been wrong before, though. In late 2011 I thought the price wouldn't dip under $4, at least not for an extended time.

[samson]

I really doubt this will happen.

However if the price goes down as low as $20 anything's possible.

[Jaroslaw]

im single digit fan, i think real bitcoin value is 3$=1BTC

[ElectricMucus]

I don't believe in it, but I don't discount the possibility.

It would require a lot of fuckups over many months, the death of altcoins and hostile legislation. I think Bitcoiners are capable of that but its a long way to actually have such a situation.

[Rampion]

What about sub-dollar believers? Anyone in the room?

 

Anyhow, I guess when there will be many single digits and sub-dollar believers we will be reaching the bottom

[N12]

What about sub-dollar believers? Anyone in the room?

 

Anyhow, I guess when there will be many single digits and sub-dollar believers we will be reaching the bottom

I'll create this thread should we ever hit single digits again.

[N12]

I dunno. Do you think everyone will forget that we already went through this before, and then came roaring back? Nothing is broken. Bitcoin works. Do you really think all the whales were just in it for a quick buck?

Enough of them to deflate this bubble.

[Rampion]

What about sub-dollar believers? Anyone in the room?

 

Anyhow, I guess when there will be many single digits and sub-dollar believers we will be reaching the bottom

I dunno. Do you think everyone will forget that we already went through this before, and then came roaring back? Nothing is broken. Bitcoin works. Do you really think all the whales were just in it for a quick buck?

Definitely YES. If not "all", at least most of them.

[N12]

People here get fooled by the romantic/revolutionary stuff. This is business. This is money. It's not a game.

And we are deflating a bubble.

[Rampion]

What about sub-dollar believers? Anyone in the room?

 

Anyhow, I guess when there will be many single digits and sub-dollar believers we will be reaching the bottom

I dunno. Do you think everyone will forget that we already went through this before, and then came roaring back? Nothing is broken. Bitcoin works. Do you really think all the whales were just in it for a quick buck?

Definitely YES. If not "all", at least most of them.

How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY  haha

Sorry, but in my book the "smart" thing is to sell at the highest possible point, especially after an obvious bubble popped, in order to buy lower and increase your stash, while recouping your initial investment and possibly realizing some fiat profits.

I'm all for the "revolutionary" aspect of Bitcoin, I'm a true believer, I have a paper wallet with a non-negligible amount of Bitcoins that I will never touch because I cannot bear (LOL) the thought of being "totally out", but at the end of the day Bitcoin is still money... And if you want to do good, you need more of it, and there's no point in fighting the market, just follow it and try to profit as much as possible.

[N12]

How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY  haha

Smart money so clever! Smart money, trading against the trend.

[freedomno1]

I think I would surrender its not 2011 and a real coin that surpasses bitcoin must have been born

[N12]

How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY  haha

img: http://www.sierrachart.com/image.php?l=1372413721617.png

Smart money so clever! Smart money, trading against the trend.

Check out the bold dude, they might be laughing at you soon

Don't understand what you are trying to tell me. I just showed you why 10k or 20k buys change nothing as long as they're against the trend.

[ElectricMucus]

It's the good 'ol "If we just buy it to above where it crashed from it will sure go up." - fallacy.