culexevilman
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 Offline
Activity: 1059
Merit: 1000
Bitcoin is too valuable to be used as a currency
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September 19, 2014, 01:17:24 AM |
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I am HODLing these motherfucking coins till death.  |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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greaterfool
Newbie
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Activity: 24
Merit: 0
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September 19, 2014, 01:22:16 AM |
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are you still hodling?
at price of how will you sell?
If someone offered you 1000 dollars for your car or 2000 dollars for your car, which offer would you be more likely to accept? Its weird to me that in bitcoin sometimes people are more inclined to accept low offers than high offers. Well not me. Just like everything else in life. the more you offer me for it the more likely i will be to sell it, so as the price of bitcoin falls i become LESS inclined to sell my bitcoins, not more. Is that how the market works? You just imagine a price and that's how much the asset is worth? LOL The market is comprised of actors who, by definition, disagree on value and agree on price. |
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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September 19, 2014, 01:34:12 AM |
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are you still hodling?
at price of how will you sell?
If someone offered you 1000 dollars for your car or 2000 dollars for your car, which offer would you be more likely to accept? Its weird to me that in bitcoin sometimes people are more inclined to accept low offers than high offers. Well not me. Just like everything else in life. the more you offer me for it the more likely i will be to sell it, so as the price of bitcoin falls i become LESS inclined to sell my bitcoins, not more. Is that how the market works? You just imagine a price and that's how much the asset is worth? LOL The market is comprised of actors who, by definition, disagree on value and agree on price. Very well said. More than that. I don’t think its possible for it to have been said better. |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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twiifm
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September 19, 2014, 01:37:05 AM |
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are you still hodling?
at price of how will you sell?
If someone offered you 1000 dollars for your car or 2000 dollars for your car, which offer would you be more likely to accept? Its weird to me that in bitcoin sometimes people are more inclined to accept low offers than high offers. Well not me. Just like everything else in life. the more you offer me for it the more likely i will be to sell it, so as the price of bitcoin falls i become LESS inclined to sell my bitcoins, not more. Is that how the market works? You just imagine a price and that's how much the asset is worth? LOL The market is comprised of actors who, by definition, disagree on value and agree on price. Exactly! the market is always right. Too bad you want $10K for your bitcoin. Its only worth $420 right now. Maybe it'll only be worth $100 next year. Everything you believed turned out to be wrong. Merchant adoption - price drops. GABI Fund - Price drops. Draper buys FBI auction - price drops. I'm more curious to why "HODLERS" think price will rise when every news event that's suppose to make it rise, instead drops the price. As an outside observer, it looks to me like cognitive dissonance |
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chopstick
Legendary
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Activity: 992
Merit: 1000
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September 19, 2014, 02:31:53 AM |
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You morans. The Bitcoin ETF is coming. The floodgates shall burst forth with glorious adoption and price rise.
Noble HODL'ers shalt be rewarded. The rest of you impatient unbelievers... shall fall! Well, at least be pissed off when the price hits 100K+. Lol.
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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September 19, 2014, 08:13:25 AM |
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You morans. The Bitcoin ETF is coming. The floodgates shall burst forth with glorious adoption and price rise.
Noble HODL'ers shalt be rewarded. The rest of you impatient unbelievers... shall fall! Well, at least be pissed off when the price hits 100K+. Lol.
Sadly, the stinking bunch of unwitting, politician's leg fucking sheeple has not yet come over. May be they need a new leader. |
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minimalB
Donator
Hero Member
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Activity: 674
Merit: 522
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September 19, 2014, 09:25:31 AM |
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It's so nice to see weak hands going to Bitcoin vacation. Bye bye weak hands. : )
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Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
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September 19, 2014, 09:46:45 AM |
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HODL!!!! THIS IS SPARTA!!!!  Bye bye weak hands!!!  |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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xDan
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September 19, 2014, 10:52:11 AM |
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I'm more curious to why "HODLERS" think price will rise when every news event that's suppose to make it rise, instead drops the price. As an outside observer, it looks to me like cognitive dissonance
My belief is not based on speculation or news. It's based on potential for adoption. And that will take some years. But will happen, IMO. China could ban BTC again and the price drop < $100 and it wouldn't change my long term view. |
HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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8up
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September 19, 2014, 11:12:12 AM |
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This.  |
Always wrong until not.
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boumalo
Legendary
Offline
Activity: 1792
Merit: 1014
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September 19, 2014, 12:05:44 PM |
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I'm more curious to why "HODLERS" think price will rise when every news event that's suppose to make it rise, instead drops the price. As an outside observer, it looks to me like cognitive dissonance
My belief is not based on speculation or news. It's based on potential for adoption. And that will take some years. But will happen, IMO. China could ban BTC again and the price drop < $100 and it wouldn't change my long term view. Exactly, the potential of Bitcoin is huge and that is why the price is 400$ and not 100$ but if it goes big and succeed tens of thousands of 2014 USD is not out of the question, it would only be a few hundreds billions of valuation This thread comes back when the price goes down |
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zachcope
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September 22, 2014, 09:40:38 PM |
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Still hodling ... |
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PotatoPie
Member
Offline
Activity: 97
Merit: 10
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September 22, 2014, 09:43:42 PM |
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I'm still holding onto my 0.01 BTC! But seriously, the price will rise (sadly have nothing to invest) and the silly people that dumped at $300 will be crying when they see the extremely high price of btc.
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BTC Address: 13mUzcjYysbgNWstbasJ3PVkPB2nCUEqFg
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ikydesu
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September 25, 2014, 11:29:15 AM |
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keeepppp......  |
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boumalo
Legendary
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Activity: 1792
Merit: 1014
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September 25, 2014, 11:43:32 AM |
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I'm still holding onto my 0.01 BTC! But seriously, the price will rise (sadly have nothing to invest) and the silly people that dumped at $300 will be crying when they see the extremely high price of btc.
Am holding as well but am looking to buy more; 409$ at the moment on Bitstamp is pretty cheap compared to the upside potential of thousands dollars short term It may go down to 100 but it may well go to a few thousands in a year |
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nubbins
Legendary
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Activity: 1554
Merit: 1009
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September 25, 2014, 03:48:43 PM |
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jjacob
Legendary
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Activity: 1554
Merit: 1026
★Nitrogensports.eu★
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September 26, 2014, 04:10:21 PM |
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You morans. The Bitcoin ETF is coming. The floodgates shall burst forth with glorious adoption and price rise.
Noble HODL'ers shalt be rewarded. The rest of you impatient unbelievers... shall fall! Well, at least be pissed off when the price hits 100K+. Lol.
All hail the Winklewoss twins. They shall be our saviours. |
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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September 26, 2014, 07:23:12 PM |
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I mentioned this in another thread, but anyone that believes in the long term success of BTC, should be chomping at the bits at these prices.
If you scroll back through all the pages of this thread, you will see quite a few rises and declines. Many times in between there were people who were dying to get their hands on some BTC at the prices we have today.
I think the only changes so far have been positive, so I think it will be reflected in the price in the months to come...
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btcstomper
Newbie
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Activity: 14
Merit: 0
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September 27, 2014, 06:51:38 PM |
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You morans. The Bitcoin ETF is coming. The floodgates shall burst forth with glorious adoption and price rise.
Noble HODL'ers shalt be rewarded. The rest of you impatient unbelievers... shall fall! Well, at least be pissed off when the price hits 100K+. Lol.
All hail the Winklewoss twins. They shall be our saviours. I hope the ETF has a bigger impact than the recent good news. How fast would this impact be once it gets done? |
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wachtwoord
Legendary
Offline
Activity: 2366
Merit: 1125
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September 27, 2014, 09:35:51 PM |
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You morans. The Bitcoin ETF is coming. The floodgates shall burst forth with glorious adoption and price rise.
Noble HODL'ers shalt be rewarded. The rest of you impatient unbelievers... shall fall! Well, at least be pissed off when the price hits 100K+. Lol.
All hail the Winklewoss twins. They shall be our saviours. I hope the ETF has a bigger impact than the recent good news. How fast would this impact be once it gets done? Good news doesn't need to have a positive effect on price. People buying does. |
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