NCM (OP)
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December 17, 2013, 05:48:07 AM Last edit: March 08, 2018, 02:51:00 AM by NCM |
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linuxnewbie
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December 17, 2013, 06:19:50 AM |
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you are -> you're
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desticy
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December 17, 2013, 06:56:26 AM |
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but i'm sad
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Desensitizer
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December 17, 2013, 08:13:17 AM |
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How does this relate to me being a true believer or not? I get paid in bitcoins for projects, faucets, and mining. The price going down only hurts me. But I talk on the bitcoin forums and in real life about my passions for bitcoins and my opinions on bitcoins. Give me one correlated reason why this might make one a true believer.
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RebelWorm
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December 17, 2013, 08:23:23 AM |
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No, if you're a true believer you believe in the network, you believe in Bitcoin and its future no matter what happens. Then you're a true believer, otherwise you're just a speculator.
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empoweoqwj
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December 17, 2013, 10:03:34 AM |
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When you don't panic sell when the price goes down 40%
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tclo
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December 17, 2013, 10:05:09 AM |
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When you don't panic sell when the price goes down 40%
Yes the smart true believers sell their BTC and then buy it back lower, and have 40% more bitcoins as a result.
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Pockets
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December 17, 2013, 11:05:46 AM |
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When you don't panic sell when the price goes down 40%
Yes the smart true believers sell their BTC and then buy it back lower, and have 40% more bitcoins as a result. Not to be a math nit, but actually 2/3 more
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cshelswell
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December 17, 2013, 11:13:10 AM |
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you are -> you're
Yep this post only got my attention on account of not understanding the difference between "your" and "you're" but then maybe I've have to many beers ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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stompix
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December 17, 2013, 11:27:55 AM |
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True believers don't care about price , they care about use and adoption. The people who care about the price are the opportunist finding a new place to earn some money.
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jeppe
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December 17, 2013, 12:59:20 PM |
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a true believer has most of his cash in bitcoin and dos not sell everything when a bubble appears.
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hilariousandco
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December 17, 2013, 01:21:32 PM |
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You're glad when the price goes down. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't understand this logic. If you're a "true believer" then you will want the coin to succeed as a mainstream currency and infact stabilise with the hope of more merchants accepting it.
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jones31
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December 17, 2013, 01:57:12 PM |
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Your logic is flawed. Why would a true believer be glad for a price drop? A true believer is buying things with coins so it's not good when you go to the restaurant and have to pay 0.1 when you order and 0.12 when you get the bill.
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bitmarket.io
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December 17, 2013, 04:34:33 PM |
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When you don't panic sell when the price goes down 40%
Yes the smart true believers sell their BTC and then buy it back lower, and have 40% more bitcoins as a result. Yeah. Like EVERYONE doesn't try to apply that simple logic to the market. In the end EVERYONE isn't a winner. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) There's also no level of skill when doing that. One can train a child to monitor graphs and buy on the low and sell high. Unfortunately too many people play bitcoin as a casino. Waaaayyy too many gambling addicts and not enough innovators that deliver bitcoin products/services to the masses. I hear way too many people quack about bitcoin being a 'currency.' Dumbfucks have no idea what they're talking about.
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Lauda
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December 17, 2013, 04:35:36 PM |
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I didn't even notice the price going down, but now that you've said it.. this is a buying opportunity.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Bitcoiner_cph
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December 17, 2013, 04:38:23 PM |
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I agree on that a true believer are glad when the price fall, I myself included. I understood your logic rightaway.
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LiteCoinGuy
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December 17, 2013, 04:42:50 PM |
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When you don't panic sell when the price goes down 40%
40%? normal price swing for a day ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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empoweoqwj
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December 17, 2013, 05:26:33 PM |
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When you don't panic sell when the price goes down 40%
40%? normal price swing for a day ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yeah, and causes the panic merchants to sell on a daily basis, many never to return.
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Frost000
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December 17, 2013, 06:03:26 PM |
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I still think the true sign of a believer is when you bring it up in every day conversations. Bitcoin becoming more mainstream is the ultimate goal. Obviously making a ton of profit from it is great, but it's still secondary to it gaining mainstream respect.
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empoweoqwj
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December 17, 2013, 06:13:10 PM |
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I still think the true sign of a believer is when you bring it up in every day conversations. Bitcoin becoming more mainstream is the ultimate goal. Obviously making a ton of profit from it is great, but it's still secondary to it gaining mainstream respect.
I do bring it up but most people look confused. The most common question I get is "who's in charge of bitcoin?", and I talk about "the community" and "open source". Obviously a very new concept to most people, who haven't got a clue what open source is and they seem very dubious about a "currency" without anyone being in control of it. But hey, let's face it, its a pretty radical ideal in the early stages still. We shouldn't expect grandma to get it unless she is really plugged into the matrix. I'll keep plugging away, try and explain it better as I go along !!
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