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Author Topic: After the rain comes sun  (Read 2494 times)
matt4054 (OP)
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July 10, 2013, 09:03:29 PM
 #1

When the market is bullish, everyone sits down and relaxes, watching their asset value grow. Easy Roll Eyes

When the market is bearish, some people panic sell. Some are even losing money by selling lower than they bought (or for miners, less than what they paid for to mine it, TCO-wise). Some are holding but quite pissing their pants. Most are hoping that "someone do something". The legal matter regarding exchanges are getting a lot of focus, obviously.

Some developers are willing to (finally) give Bitcoin a true economical value, and it doesn't have to be in the form of a classic exchange. We have exchanges already, we just want them to be more solid, or we want more solid ones (and remove the GoxSPoF™).

These developers are currently (still) sitting down, and coding. Many Great Things, Bitcoin-powered, are definitely going to happen in the following years, even months.

I'm not saying that USD/BTC is going to stay up again in the short term, I'm just staying that as long as your are not really in need of the money that you have stored in bitcoins, the safest bet you could make at this point is *holding*, even if the upward trend doesn't last in the near future.

Just my thought for comments Grin

Cheers.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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XXthetimeisnowXX
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July 12, 2013, 01:55:44 AM
 #2

+1 good on ya mate!!! Grin Grin Grin Grin Grin Grin Grin
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July 12, 2013, 02:04:25 AM
 #3

When the market is bullish, everyone sits down and relaxes, watching their asset value grow. Easy Roll Eyes

When the market is bearish, some people panic sell. Some are even losing money by selling lower than they bought (or for miners, less than what they paid for to mine it, TCO-wise). Some are holding but quite pissing their pants. Most are hoping that "someone do something". The legal matter regarding exchanges are getting a lot of focus, obviously.

Some developers are willing to (finally) give Bitcoin a true economical value, and it doesn't have to be in the form of a classic exchange. We have exchanges already, we just want them to be more solid, or we want more solid ones (and remove the GoxSPoF™).

These developers are currently (still) sitting down, and coding. Many Great Things, Bitcoin-powered, are definitely going to happen in the following years, even months.

I'm not saying that USD/BTC is going to stay up again in the short term, I'm just staying that as long as your are not really in need of the money that you have stored in bitcoins, the safest bet you could make at this point is *holding*, even if the upward trend doesn't last in the near future.

Just my thought for comments Grin

Cheers.

You sir, make sense.

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BitChick
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July 12, 2013, 02:14:55 AM
 #4

I am an unashamed bullish holder so I agree wholeheartedly. Smiley

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XXthetimeisnowXX
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July 12, 2013, 05:18:28 AM
 #5

i hope the sun is so bright and cheery that it makes everyone buy BTC and it goes to 25hundred....... thousand ya 250,000 yaaaaaa sunshine


or at least top tipple
 digits.
matt4054 (OP)
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March 31, 2014, 04:33:59 PM
 #6

Here's a gratuitous bump from the bearish days last summer when BTC was down from 260 to about 70 for a few days.

Am I the only one to think there's a pattern to be continued here? Roll Eyes
BitChick
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March 31, 2014, 04:35:37 PM
 #7

I am an unashamed bullish holder so I agree wholeheartedly. Smiley

Still holding and not regretting it.  Smiley

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kooke
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March 31, 2014, 04:52:44 PM
 #8

Maybe the rain will cause a flood this time Tongue

Better get your raincoats and dinghies ready Wink

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March 31, 2014, 04:56:12 PM
 #9

But if it stops raining at midnight... how can you see the sun?!    Grin Grin Grin

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matt4054 (OP)
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March 31, 2014, 04:58:31 PM
 #10

But if it stops raining at midnight... how can you see the sun?!    Grin Grin Grin

Just go to the moon™ first, then you can see the sun even at night Cheesy
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March 31, 2014, 05:35:11 PM
 #11

But if it stops raining at midnight... how can you see the sun?!    Grin Grin Grin



Edit:

Wait, no gifs anymore?...Just imagine the mind blown gif, then.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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March 31, 2014, 05:39:39 PM
 #12

maybe there's more than a coincidence that "Noah" is playing at theaters right now....
matt4054 (OP)
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March 31, 2014, 05:42:35 PM
 #13

Wait, no gifs anymore?...Just imagine the mind blown gif, then.

This one is "just" 10 MB in size so the proxy is not eating it Wink
zeroday
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March 31, 2014, 05:43:38 PM
 #14

No Sun please. We need to completely get rid of horrified get-rich-quick guys messing around bitcoin.
I also need to dump my freshly earned fiat. Guess $400 floor would be fine Smiley
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March 31, 2014, 06:00:38 PM
 #15

i think bitcoin will rise again within a few months into something bigger stronger and more stable as always. its exciting to see the trend come again and we will see history repeat.

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March 31, 2014, 06:03:38 PM
 #16

Still holding til $10k/BTC.... nothing's changed since I bought in




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600watt
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March 31, 2014, 08:12:10 PM
 #17

Here's a gratuitous bump from the bearish days last summer when BTC was down from 260 to about 70 for a few days.

Am I the only one to think there's a pattern to be continued here? Roll Eyes

indeed. i had gone all-in in may 2013 and then came june and july and my investment went down by almost 50 %

it felt terrible. it feels terrible again in the same way.

where is that bloody november when you need it most... ?  Undecided
BitChick
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March 31, 2014, 08:48:19 PM
 #18

Here's a gratuitous bump from the bearish days last summer when BTC was down from 260 to about 70 for a few days.

Am I the only one to think there's a pattern to be continued here? Roll Eyes

indeed. i had gone all-in in may 2013 and then came june and july and my investment went down by almost 50 %

it felt terrible. it feels terrible again in the same way.

where is that bloody november when you need it most... ?  Undecided

For those of us that have been involved a while the dips are still a bit painful.  It does get easier though doesn't it?  I felt more panic in the Summer than I do now, even though on "paper" my losses are so much bigger now because the value of Bitcoin is greater.  I think we see the power of Bitcoin though and know it is just a matter of time.

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March 31, 2014, 11:13:05 PM
 #19

Wait, no gifs anymore?...Just imagine the mind blown gif, then.

I tried.  I ended up imagining goatse.  Angry
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March 31, 2014, 11:27:10 PM
 #20

Bearish market shake the weak hands but if you are here for the long term you don't care about the bear market, you might just buy a few more coins
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