1Referee
Legendary
 Offline
Activity: 2170
Merit: 1427
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August 19, 2015, 12:16:52 PM |
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you need balls to hold when prices are falling and there is so much uncertainty about the future of BTC
I haven't sold a single satoshi in nearly 2 months.  |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Wexlike
Legendary
Offline
Activity: 1473
Merit: 1086
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August 19, 2015, 12:38:30 PM |
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you need balls to hold when prices are falling and there is so much uncertainty about the future of BTC
I haven't sold a single satoshi in nearly 2 months. I turned bear for the first time. Sitting now at 20% profit. :/ |
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dodgecharger
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August 19, 2015, 02:17:26 PM |
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I see lots of people holding steady, watching it drip down. Low volume. This has happened many times. Slow drip, slow drip, slow drip, massive capitulation selloff.
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STT
Legendary
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Activity: 3892
Merit: 1413
Leading Crypto Sports Betting & Casino Platform
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August 20, 2015, 01:47:37 AM |
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Yea I was going to mention, the theory to these movement is the panic effect causes most value to occur or price inaccuracy. So generally theres upset, the flock of sheep get startled and a sell off and thats the end to a bearish move.
At least in short term thats how the cycle goes, the wider picture is really more important as we can just keep blipping up for a while as the panic is incorrect before selling off to a lower low over some months.
On a few occasions the panic sell is quite correct like we saw in 2008 (in main markets) where value previously had been placed too high. Eventually even good assets (performing) were written off below book value and that was the true bottom. The problem we have here is Bitcoin is so circular in its worth, the traditional say it cannot succeed as its purely virtual and other say this is its strength. Im still not sure which are correct to HODL or just speculate briefly - I imagine bitcoin must transform or it will be superseded so to purely hold or to stay still will be a fail
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bitcoin revo
Legendary
Offline
Activity: 1168
Merit: 1049
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August 20, 2015, 02:08:16 AM |
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Hold on tight! , and don't let go ...gonna be a bumpy ride.
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natewelt
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August 20, 2015, 03:33:10 AM |
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someone want to explain the "HODL" backstory to me and it's full meaning? I'm assuming just another way to say buy and hold and never sell  |
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brg444
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August 20, 2015, 03:33:44 AM |
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someone want to explain the "HODL" backstory to me and it's full meaning? I'm assuming just another way to say buy and hold and never sell check OP. (1st post) |
"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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natewelt
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August 20, 2015, 03:40:44 AM |
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someone want to explain the "HODL" backstory to me and it's full meaning? I'm assuming just another way to say buy and hold and never sell check OP. (1st post) Hilarious. Alright thanks just making sure I knew what was going on... |
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Monopoly
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August 20, 2015, 03:54:24 AM |
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I am still holding from price $850 ...... but just saw dumping in last year ..... when will see BTC in wallstreet market ?
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Mirsad
Full Member
Offline
Activity: 140
Merit: 100
Bitcoin - love & hate
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August 20, 2015, 05:29:16 AM |
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I am still holding from price $850 ...... but just saw dumping in last year ..... when will see BTC in wallstreet market ?
Not in the near future. Why did you buy at that prices and never sold? We had a lot of spikes the way down. Profit lock-in is key in bitcoin. |
< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
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Mobius
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August 20, 2015, 06:35:17 AM |
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Just see it as a time to buy  |
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jason miner
Member
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Activity: 117
Merit: 10
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August 23, 2015, 03:13:40 PM |
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because of strong hands like us, we can safely say, bitcoin is here to stay. I AM HODLING  |
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Demille
Member
Offline
Activity: 69
Merit: 10
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August 23, 2015, 03:28:16 PM |
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because of strong hands like us, we can safely say, bitcoin is here to stay. I AM HODLING Will you continue to stronghold if it goes to 0? I think holders are only holding until it reaches a price they have on mind. Many would dump if it went over 1k again I reckon. |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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August 23, 2015, 03:39:04 PM |
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because of strong hands like us, we can safely say, bitcoin is here to stay. I AM HODLING Will you continue to stronghold if it goes to 0? I think holders are only holding until it reaches a price they have on mind. Many would dump if it went over 1k again I reckon. If your holdings are a few $100's, what's the point of dumping it at $10 or $1? This pig either flies or goes to 0.00. |
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dodgecharger
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August 23, 2015, 11:59:25 PM |
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Just see it as a time to buy It is always a good time to buy small amounts of btc. Not too much you can't afford to loose. Price can go lower, no one knows where is the bottom. When bitcoin recovers, you wish you had bought more now |
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Proxiebuier
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August 24, 2015, 03:57:01 AM |
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Bitcoin Is my main holding after Rupiah price very cheap now and that why we must hold it |
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philipma1957
Legendary
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Activity: 4102
Merit: 7764
'The right to privacy matters'
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August 25, 2015, 04:15:10 AM |
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fcuk hodling i am byuing
I jsut boguht 300 wroth of cion
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Monopoly
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August 25, 2015, 04:22:36 AM |
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Yes ...... Hold , hold them to under $100 or even under $50 ......... the real price for the coin is $50 and then Goodbye bitcoin project ...........
All of my forecast become true till now ..........
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Monopoly
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August 25, 2015, 04:29:23 AM |
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fcuk hodling i am byuing
I jsut boguht 300 wroth of cion
My Recommendation : sell them and out now .............. never buy at lower price step by step Hoping to return prices to $250 or even $300 again ........... Be smart , Bitcoin is a gambling game with chance of %5 for winning like forex ....... |
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Spider-Carnage
Newbie
Offline
Activity: 37
Merit: 0
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August 25, 2015, 03:16:24 PM |
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Yes... Hold , hold them to under $100 or even under $50. The real price for the coin is $50 and then Goodbye bitcoin project...
All of my forecast become true till now...
Care to put a date on your forecast? I'm asking so that I may laugh at you come September 2016. See, I'm very confident that bitcoin's price will not dip below $100. So by which date are you so sure that bitcoin will be sold at under $100 for several (two or more) days? By which date are you so sure bitcoin will sell below $50 for several days? |
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