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GeniuSxBoY (OP)
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November 18, 2013, 04:46:35 PM |
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I just bought in  |
Be humble!
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alexeft
Legendary
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Activity: 854
Merit: 1000
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November 18, 2013, 04:51:47 PM |
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I just bought in |
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Hyena
Legendary
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Activity: 2114
Merit: 1013
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November 18, 2013, 04:58:20 PM |
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Panic buying is indeed starting to build up.
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BldSwtTrs
Legendary
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Activity: 861
Merit: 1010
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November 18, 2013, 04:59:17 PM |
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Panic buying is indeed starting to build up.
I panic buy since 200$. |
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Crazy
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November 18, 2013, 04:59:32 PM |
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See when I get that feeling like "maybe I should buy in before it goes higher," I tend to resist it. I consider that me starting to give into the frenzy.
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Elon Krusky
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xlKamikazeels
Newbie
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Activity: 14
Merit: 0
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November 18, 2013, 05:04:27 PM |
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when you say you just bought in, did you purchase a full Bitcoin? I'm just trying to get a sense of what other people are doing right now. I'm also watching the .00455984 BTC thats in my wallet from filling out surveys, websurfing, and watching vids, grow and grow and grow. This is crazy I just keep watching the ticker go up like something in GTA 5. :  |
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GigaCoin
Sr. Member
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Activity: 308
Merit: 251
Giga
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November 18, 2013, 05:05:53 PM |
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I just bought in Funny how most people share the same feeling, it's like every time you decide to buy the price somehow dips/corrects/crashes/bubble pops. It just proves how volatile Bitcoin prices are, which is why "buy and hold long term" works best for Bitcoin. |
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jjtech
Newbie
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Activity: 55
Merit: 0
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November 18, 2013, 05:06:55 PM |
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I am just wondering - why everyone keeps calling it a "bubble"?
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mccorvic
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November 18, 2013, 05:08:04 PM |
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I am just wondering - why everyone keeps calling it a "bubble"?
When you are a "Bear" (someone who wants bitcoin to go down in price for unimaginable reasons) everything looks like a bubble. |
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MahaRamana
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November 18, 2013, 05:11:01 PM |
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when you say you just bought in, did you purchase a full Bitcoin?
I panic bought 10 BC at 410 USD. Thought I was overpaying a bit  |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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November 18, 2013, 05:11:53 PM |
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I am just wondering - why everyone keeps calling it a "bubble"?
When you are a "Bear" (someone who wants bitcoin to go down in price for unimaginable reasons) everything looks like a bubble. When you are in a bubble, everythink loogs like a bear. |
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xlKamikazeels
Newbie
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Activity: 14
Merit: 0
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November 18, 2013, 05:15:00 PM |
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Also I think "bubble" is the closest term that anyone can relate to the trend. Kind of like when people say "Its a tomato bisque soup" . Is it really a bisque though? Do you know what a bisque is? lol  |
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piramida
Legendary
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Activity: 1176
Merit: 1010
Borsche
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November 18, 2013, 05:21:40 PM |
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Bubble is something that grows and then blows up, but only once. Bitcoin is not a bubble, it's more like a working lung |
i am satoshi
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jjtech
Newbie
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Activity: 55
Merit: 0
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November 18, 2013, 07:42:32 PM |
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thanks for replies - still don't know why it's supposed to be a bubble. I have no idea how one can evaluate what BTC is worth. Some people try to force into the same category as Microsoft shares or something it seems......
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Rygon
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November 18, 2013, 07:48:37 PM |
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I don't buy often. But when I do, I panic buy.
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Bitbuy
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November 18, 2013, 07:50:15 PM |
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I don't buy often. But when I do, I panic buy.
True Story But I think the panic buying still has to come... |
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Crazy
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November 18, 2013, 07:50:29 PM |
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Bubble is something that grows and then blows up, but only once.
Well that definition is entirely wrong :\ So the US housing market didn't just experience a bubble? |
Elon Krusky
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phlogistonq
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November 18, 2013, 07:51:23 PM |
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IMO the current value is based on the expectation that bitcoin is going to be the internet money of the future.
We are all betting on that.
As time goes on and it becomes more commonly adopted and accepted it looks more and more like that it is actually going to be true, and more and more people are willing to make that bet.
Its like if you could buy shares of the internet when it was tiny, and only nerds could envision its future.
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BitcoinBarrel
Legendary
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Activity: 1961
Merit: 1020
Fill Your Barrel with Bitcoins!
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November 18, 2013, 07:57:29 PM |
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Well it seems everyone is ready for a Bubble this time so maybe it's up up up from here on out with a Big crash from like $10,000 down to $5,000.
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jjtech
Newbie
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Activity: 55
Merit: 0
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November 18, 2013, 07:59:18 PM |
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Bubble is something that grows and then blows up, but only once.
Well that definition is entirely wrong :\ So the US housing market didn't just experience a bubble? It's not even a definition. This is a wrong statement nothing more. Still I don't believe term bubble applies to bitcoin. it can lose and gain multiple times, but large margins before it stabilizes, so trying to apply 'meta stock' type of rules to it is exercise in futility |
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