Where the hell is Max Kaiser and the Winkelvass twins??

[Dafar]

So you are saying it will change the way global finance works... and it will do that by not increasing its current market cap? Just lol..

Napster changed the way file sharing works and tell me how many files did you download with napster today? How many Aliweb searches did you do today? How many lines of Smalltalk code did you write? How's Mosaic working for you? Just because a technology changes the way the world works doesn't mean it happens to be the final technology. Bitcoin could be the napster to a new CC that becomes bittorrent. Stop being stupid.

And that's why i said UNLESS SOMETHING MAJOR HAPPENS THAT KILLS BTC.... AKA BEING REPLACED BY ANOTHER CC YOU MORON



(Don't worry im just kidding)

[Swapster]

I cut my losses… back to where I was in Sept. Hoping for a two digit crash now… Bitcoin less than $100 would be a good time to buy and hold.

[techstorm2]

Where art thou oh saviors of bitcoin?? I need some assurance!! 


I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

If its savings then presumably its money you dont need right now. Think of it as a savings plan with a 2-5 year lock in. Over this time frame if btc succeeds you'll be minted. Dont dont dont panic sell on the 1 st sign of a correction.

[AnonyMint]

Reason for drop explained at the following linked thread:

So apparently 80% realize and up to 20% are willing to panic.

So this is how the concentration of ownership in Bitcoin possibly increases, as the weak hands pass it to the strong hands.

Yes.  This is how pigs get slaughtered.

The bold text applies to everyone who sold during this dip.

[Mowcore]

The normal , sensible people around the world are starting to wake up and take advantage of this ripe picking. I wouldn't worry too much! I will eat my own wallet if I am wrong!

Edit: I forgot to mention this wallet will be made of cake.

[Prolifik]

Where art thou oh saviors of bitcoin?? I need some assurance!! 


I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

Hold it. This is how Bitcoin grows. When there is a spike or milestone (1,10,100,1000,etc) in the value it will always fall after.

[ABitBack]

Each crash makes bitcoin more affordable to new people who have been watching. e.g. I got into bitcoin at $2 after seeing it crash from $30. This is all good and it's going to be the same at $10k although probably less so.

[Bitcoinpro]

Where art thou oh saviors of bitcoin?? I need some assurance!! 


I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

your fine

[Bitsurprise]

Early adopters of any pyramid scheme usually disappears and enjoy the profits they have made after cashing out ...

[turnin]

Each crash makes bitcoin more affordable to new people who have been watching. e.g. I got into bitcoin at $2 after seeing it crash from $30. This is all good and it's going to be the same at $10k although probably less so.

agreed, what many people who are panicking don't get is that regardless of what it converts to in fiat , no government, no bank, no company and no one can control bitcoin, they can't print more of it and just on that basis alone it will always be worth something. Governements and financial institutions must be doing seriously large poos and it wouldn't surprise me if the US launched it's own internet currency to try to kill it, but.... that wont work either because bitcoin has promise, loads of promise and in the long term it will deliver. I got in at 15 , I'm not worried , in fact I'm enjoying the ride
 

[hilariousandco]

Where art thou oh saviors of bitcoin?? I need some assurance!! 

I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

If you sell now you will have definitely lost money. Ride it out. Only fools panic-sell. They are largely responsible for this 'crash'.

[doom309]

most people dont have plans or rules for their investments, and thats why panic sells (ie crashes) happen, have a plan, apply it consistently, for instance have a rule which says by all means sell at the "Top" but only once a falling market is confirmed to be happening, but if you dont get to it before it falls to a certain predetermined level, then DO NOT SELL at all, because its too late to
 

[XBBlade]

What do you expect, it went from 400$ to 1000$ in a week, opposite can happen as well. Just relax. It will go up eventually

[Remember remember the 5th of November]

Who are the "Winkelvass" twins?

[Light]

Who are the "Winkelvass" twins?

I believe he is referring to these guys: http://en.wikipedia.org/wiki/Winklevoss_twins. They are known to have splurged quite a lot on buying some BTC back when it was at around the ~$100 mark I think from memory, although you may want to check some older news articles for the exact time and figures. I'm not sure if their intention is to cash out big or wait for the time being hoping for widespread adoption..

[salsacz]

Who are the "Winkelvass" twins?

You may know them from "the social network" film

[Dafar]

Where art thou oh saviors of bitcoin?? I need some assurance!! 


I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

If its savings then presumably its money you dont need right now. Think of it as a savings plan with a 2-5 year lock in. Over this time frame if btc succeeds you'll be minted. Dont dont dont panic sell on the 1 st sign of a correction.

Yup, I don't really need it right now and I wanted to take a chance of it growing in the next year or two. Thanks for the advice everyone. I wasn't planning to sell anyway. I'm in the new wave of BTC owners so this is my first "crash" but i've learned enough by now that this happens and a sure way to lose is to sell at a loss. I still have hopes of BTC reaching a new height in 2014.

Thanks everyone for the reassurance

Who are the "Winkelvass" twins?

Those russian twins from that movie The Social Network

[|Fr0sty|]

Your have problems if you take investment advice from Max Keiser. I remember that trick jumping up and down, foaming at the mouth on RT when BTC market capitalization hit 4 billion, telling people to sell their kidneys and invest in coin. Two days later it crashed and he was nowhere to be heard of until it was on the rise again much later.

I don't take advice from anyone who appears on the Alex Jones show, that's a good rule of thumb.

Do your due diligence before you put your money on the table.

[Remember remember the 5th of November]

Who are the "Winkelvass" twins?

I believe he is referring to these guys: http://en.wikipedia.org/wiki/Winklevoss_twins. They are known to have splurged quite a lot on buying some BTC back when it was at around the ~$100 mark I think from memory, although you may want to check some older news articles for the exact time and figures. I'm not sure if their intention is to cash out big or wait for the time being hoping for widespread adoption..

I know who the Winklevoss twins are, not the Winkelvass.

[hilariousandco]

Where art thou oh saviors of bitcoin?? I need some assurance!! 


I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

If its savings then presumably its money you dont need right now. Think of it as a savings plan with a 2-5 year lock in. Over this time frame if btc succeeds you'll be minted. Dont dont dont panic sell on the 1 st sign of a correction.

Yup, I don't really need it right now and I wanted to take a chance of it growing in the next year or two. Thanks for the advice everyone. I wasn't planning to sell anyway. I'm in the new wave of BTC owners so this is my first "crash" but i've learned enough by now that this happens and a sure way to lose is to sell at a loss. I still have hopes of BTC reaching a new height in 2014.

Thanks everyone for the reassurance

Who are the "Winkelvass" twins?

Those russian twins from that movie The Social Network

They're American, not Russian.