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Author Topic: The Bitcoin Apocalypse 1BTC trading under $5 USD  (Read 4393 times)
Melbustus
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August 19, 2014, 08:21:15 PM
 #21

Is this the end?



One has to wonder why the early adopters and larger players are cashing out? Why are they wanting out? Do they know something the rest of us don't?



The real question is why would anyone with a lot of bitcoins still be in.



^ Nothing changes.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
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MrBtcSenior
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August 19, 2014, 08:29:28 PM
 #22

There are so many threads gravedigged today, if people wants to sell their precious bitcoins let them do it...

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August 19, 2014, 08:53:07 PM
 #23

These old threads are fun to read! I wonder how many people "got out of bitcoin" during these "crashes" never to return!
criptix
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August 19, 2014, 10:54:35 PM
 #24

probably become stable for a while around $4, there is a pretty sizeable bid wall there.

Haha, you weren't around when an 25k wall at 6$ got smashed like it was nothing? Cheesy

not sure if i want to cry or laugh  Cheesy


I'm riding the bitcopalypse all the way down to zero with my investments in HW and BTC near the top. Winning or nuthin.

BTW: What comes after "resignation" in the bubble cycle?

same here i'm going down with the ship... i could sell now and make a profit since i bought at 0.75$ but... theirs no honer in that .... i believe in bitcoin and so i must go down with the ship.

adam, you have more then one castle by now?  Grin
BCEmporium
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August 19, 2014, 11:19:36 PM
 #25

So funny to read this now.
The doomsday prophets didn't change a bit.
rocks
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August 20, 2014, 01:14:15 AM
 #26

These old threads are fun to read! I wonder how many people "got out of bitcoin" during these "crashes" never to return!

Oh they return, they all do.

They just buy after the price has gone up 10x again and end up with 1/10th the original number of coins. These are the people who measure wealth in terms of the amount of USD they hold, not in terms of the amount of BTC they control.
zeroday
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August 20, 2014, 05:29:00 PM
 #27

I know a guy who sold at 5 saying bitcoin is dead, then bought at 800 two years later.
May be faiiiiling did the same ?

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August 20, 2014, 05:34:13 PM
 #28

always a nice read these old threads. now its 505$ instead of 5$ Cheesy
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