Thank you to all the Terrified BTC Sellers!

[SOSLOVE868]

Thanks MTV,THANKS CHANNEL V, Thanks Wall Street Journal and All of you coming today to listening my story of Success.


My story of succeed is something need to talk about back to June 2013...because Some cowards are panicking and fucking panicking even no reason panicking, Thus I can get my precious BTC at only 70USD..Which as you see : gentlemen it worth 10  ounces of gold per coin. (USD is not existed by that time).



Thanks again to everyone that selling on that day!!!!!

Live shows from 2070.....

[ElectricMucus]

dont fucking buy btc you idiots

[SOSLOVE868]

dont fucking buy btc you idiots

why not???

[ElectricMucus]

dont fucking buy btc you idiots

why not???

you just made it to yospos

[LostDutchman]

Just wanted to say thank you to all of you out there who are running for the hills because you are so easily terrified by negative articles you are seeing in the news, about BTC being a failed endeavour.

Those of you who are mass-unloading all your coinage because you are so easily manipulated by public opinion.

Its because of you that the rest of us are getting BTC at a huge discount right now.  So thanks!   

Please keep selling for awhile.  I was hoping to see it hit $50 before it rebounds back to $100 and eventually hits $1,000 or more.

-B-

and i will get it even cheaper when it goes down 50% from today\s price and people like you capitulate 

There won't be any capitulation here!

Ride'em Cowboy!

My $.02.

[freedomno1]

Well went through the cycle and now naps

[Vivisector999]

Now that some of them have them in their hands, and they see the difficulty rising at insane levels many of them are cashing out all their coins as soon as they get them in hopes to pay off their investments.

But that doesn't make sense at all. If difficulty increases, wouldn't it make more sense to hold on to them as they get more and more difficult to acquire?

I think the easiest answer is the most likely, speculation is a very large part of the bitcoin economy so far, so when people sense a dip they all want to make a buck. Lots of people sell, many of them fail to catch the bottom and have to pay for those who do.

Sooner or later the value is bound to rise again, as long as the underlying technology is sound.

They are more interested in paying off their huge loan than worrying about how much the coin might be worth one day.  You can't tell the bank "I'll pay you back in a few more years, when these things are worth a fortune."   You have to remember some people bought over $100,000 worth of equipment banking on it arriving soon and having an ROI of less than a month,  now they have sat on that $100,000 loan, and now finally have the means to get the banks off their butts, and possibly save their houses/cars ect they put  out against the loans.

The people that didn't spend more than they could afford, are probably sitting on their coins hoping for a return to the value.  The big question will be how low will it go, and how long will it take all these miners to pay off their equipment before things can get back to a normal flow.

Another big question, which I don't know.  Is ASICMiner selling their BTC right away to pay their shareholders?  If nothing else, one can assume they are converting quite a bit to Fiat to pay off their buildings and electricity bills.  This could be effecting the price as well.

[glendall]

This latest crash has been great for me.

I rather luckily had a big reserve of NVC.

...and price went almost .04 and is still high  (was trading earlier for 0.032-33). 

And grabbed some discounted ASICMINER shares.

Life's good !  Even if I liquated to fiat (which I'm not going to do, I'm in BTC long) I would have about the same amount selling at 75$ now than I did at 100$ before due to my recent gains. (Well just about almost).

Life is good...keep the roller coaster rollin'..

[bitcoin44me]

Price will reach 50 usd and go up?

[felipelalli]

lol funny thread I laughed

me too!! kkkkk 

[Kaiji]

People are so cautious of BTC prices falling to almost nothing that they get caught unawares when there is a sudden price bubble and they start kicking themselves for selling too prematurely. But in all honesty who could have predicted an increase to $266 a coin in a couple of months? The only ones who made it to that level where early adopters with a diehard attitude about bitcoin.

Of course there are those on the other side who lose out when they assume the price will never fall and it does.

It's sad this innovation in currency is being curtailed by the lack of an easy way to buy it online.

[derpinheimer]

People are so cautious of BTC prices falling to almost nothing that they get caught unawares when there is a sudden price bubble and they start kicking themselves for selling too prematurely. But in all honesty who could have predicted an increase to $266 a coin in a couple of months? The only ones who made it to that level where early adopters with a diehard attitude about bitcoin.

Of course there are those on the other side who lose out when they assume the price will never fall and it does.

It's sad this innovation in currency is being curtailed by the lack of an easy way to buy it online.

Being easy to buy wont fix the early adopter issues. Nor will it fix its lack of use as a currency.

[Kaiji]

People are so cautious of BTC prices falling to almost nothing that they get caught unawares when there is a sudden price bubble and they start kicking themselves for selling too prematurely. But in all honesty who could have predicted an increase to $266 a coin in a couple of months? The only ones who made it to that level where early adopters with a diehard attitude about bitcoin.

Of course there are those on the other side who lose out when they assume the price will never fall and it does.

It's sad this innovation in currency is being curtailed by the lack of an easy way to buy it online.

Being easy to buy wont fix the early adopter issues. Nor will it fix its lack of use as a currency.

The difficulty of buying bitcoins is the main obstacle of making them a widespread currency. The average online user isn't going to be bothered with bitcoins when they see how many steps it takes to buy them.

[derpinheimer]

People are so cautious of BTC prices falling to almost nothing that they get caught unawares when there is a sudden price bubble and they start kicking themselves for selling too prematurely. But in all honesty who could have predicted an increase to $266 a coin in a couple of months? The only ones who made it to that level where early adopters with a diehard attitude about bitcoin.

Of course there are those on the other side who lose out when they assume the price will never fall and it does.

It's sad this innovation in currency is being curtailed by the lack of an easy way to buy it online.

Being easy to buy wont fix the early adopter issues. Nor will it fix its lack of use as a currency.

The difficulty of buying bitcoins is the main obstacle of making them a widespread currency. The average online user isn't going to be bothered with bitcoins when they see how many steps it takes to buy them.

Serving no purpose for most people [in developed countries] might have a big effect on that too. The only reason people are in bitcoin is for potential fiat gains. It isnt all that hard to acquire them considering that.

[semaforo]

   I am offended by being excluded from "people".

[jubalix]

Just wanted to say thank you to all of you out there who are running for the hills because you are so easily terrified by negative articles you are seeing in the news, about BTC being a failed endeavour.

Those of you who are mass-unloading all your coinage because you are so easily manipulated by public opinion.

Its because of you that the rest of us are getting BTC at a huge discount right now.  So thanks!   

Please keep selling for awhile.  I was hoping to see it hit $50 before it rebounds back to $100 and eventually hits $1,000 or more.

-B-

and i will get it even cheaper when it goes down 50% from today\s price and people like you capitulate 

but if he can afford to lose it all eg btc = 0

so why would he capitulate?

[Adrian-x]

For the most part people ARE mindless sheep who do not even bother to get out to vote!

Not voting is a sign of intelligence, like not going to church.

The mindless sheep who don't vote spoil it for the intellectuals who choose to abstain. A spoiled vote is how one can differentiate themselves from mindless sheep without voting.

[cbeast]

Not voting is capitulation. It's like selling all your bitcoins because your holdings don't make a difference. This is why we don't have nice things.

[solex]

People ask why the price of Bitcoin is dropping... and it's because people are selling at low prices! Not a smart move.

Haven't you all heard the phrase "Buy low, sell high" before?

No. No. No. That's far too scary. Much better to see loads of red candle waterfalls to be sure it is going down - and then sell, and wait for loads of green candle haystacks to confirm that it is time to buy, and then buy.

Finally, if somehow, miraculously, your buys are lower than your sells, then you are making profits!  easy!

[halfawake]

People are so cautious of BTC prices falling to almost nothing that they get caught unawares when there is a sudden price bubble and they start kicking themselves for selling too prematurely. But in all honesty who could have predicted an increase to $266 a coin in a couple of months? The only ones who made it to that level where early adopters with a diehard attitude about bitcoin.

Of course there are those on the other side who lose out when they assume the price will never fall and it does.

It's sad this innovation in currency is being curtailed by the lack of an easy way to buy it online.

Being easy to buy wont fix the early adopter issues. Nor will it fix its lack of use as a currency.

The difficulty of buying bitcoins is the main obstacle of making them a widespread currency. The average online user isn't going to be bothered with bitcoins when they see how many steps it takes to buy them.

Actually, if you live in the United States, it's pretty easy to buy bitcoins with Coinbase.  It's not instantaneous (took about a week when I did it, but most of that is the time required for the bank transfer), but it's by no means difficult at all.  With Coinbase, it's not much harder to buy bitcoins than it is to pay a bill online, and I'm willing to bet there are a lot more people who do that than use bitcoins. 

Granted, it's not as cheap as the exchanges, but if you're looking at ease of buying, Coinbase is great imho.