HODL - the synonym for I'm out of money but too greedy to sell.

[ElectricMucus]

Ok the HODL bullshit has gone long enough.

What it boils down to is the price of Bitcoins has risen to such an extent that most people can't afford them. (notice the plural here guys!)
This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains. From this perspective it even makes sense to spam the forum with HODL you are currently in the process of liquidating. Withdraw limits from the exchanges make it necessary to keep the charade up as long as possible.

Will Bitcoins be even more expensive in the future? Possibly.
Does the HODL bullshit have anything to do with it? Certainly not.

[Holliday]

This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains.

That's some hubris you've got there, telling me (part of everybody) why I am involved with Bitcoin.

Inevitably, this hubris will collapse.

[sgbett]

Ok the HODL bullshit has gone long enough.

What it boils down to is the price of Bitcoins has risen to such an extent that most people can't afford them. (notice the plural here guys!)
This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains. From this perspective it even makes sense to spam the forum with HODL you are currently in the process of liquidating. Withdraw limits from the exchanges make it necessary to keep the charade up as long as possible.

Will Bitcoins be even more expensive in the future? Possibly.
Does the HODL bullshit have anything to do with it? Certainly not.

Damn straight I aint buying these expensive sons of bitches. But everyone else should cos they are going to the moon.

[ElectricMucus]

This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains.

That's some hubris you've got there, telling me (part of everybody) why I am involved with Bitcoin.

Inevitably, this hubris will collapse.

Out of context it certainly looks that way.

[knightcoin]

Does the HODL bullshit have anything to do with it? Certainly not.

So whats the problem then ? We need to accept that some spartans will mine and then destroy their private keys ...

lol

[DieJohnny]

I may be wrong... but I think your post is telling everyone to ........


HODL!!!!!!!!

[knightcoin]

But about the price I really want to see how its going to be after all that new miners and hash power been delivered

[Holliday]

This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains.

That's some hubris you've got there, telling me (part of everybody) why I am involved with Bitcoin.

Inevitably, this hubris will collapse.

Out of context it certainly looks that way.

What is the context? The speculation forum? Speculation and idealism aren't mutually exclusive!

[WompRat]

I sometimes wonder if some people around here have ever invested in anything other than bitcoin.  The gains made last year are practically unheard of in anything else ever.  If my mutual funds make 20% in a year, that is a very good year.

[Mythul]

You don't have to hold 1BTC. The thing is people dont like 0.997664BTC, they want at least 1BTC. That is why it appears to be so expensive !

[the_sunship]

well damn, considering I've lost every time I've sold, it seems pretty reasonable to me at this point to hold, or hodl or whatever.

I'd be glad to buy more if it dips considerably, but in the meanwhile, I'm holdering

[JimboToronto]

people dont like 0.997664BTC, they want at least 1BTC.

Just like people not wanting $0.997664M. They want at least $1M.

 

[Dalmar]

Hodlers will get burned:

[humanitee]

Ok the HODL bullshit has gone long enough.

What it boils down to is the price of Bitcoins has risen to such an extent that most people can't afford them. (notice the plural here guys!)
This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains. From this perspective it even makes sense to spam the forum with HODL you are currently in the process of liquidating. Withdraw limits from the exchanges make it necessary to keep the charade up as long as possible.

Will Bitcoins be even more expensive in the future? Possibly.
Does the HODL bullshit have anything to do with it? Certainly not.

"What it boils down to is the price of ounces of gold has risen to such an extent over the past decade that most people can't afford them (notice the plural here guys!)"

[FierceRadish]

Hodlers will get burned:

I guess this depends on what timescale you're talking about. A quick scalding is quite different from a Joan of Arcing.

[Muhammad al-Hodl]

...
What it boils down to is the price of Bitcoins has risen to such an extent that most people can't afford them. (notice the plural here guys!)
...

Most people who actually matter can afford them just fine.  They are still dirt cheap.  It is a problem to these folks, however, that a fair fraction of the currency base is held by small-time peons who's grip on their hodlings only tightens with each of the successive waves of valuation increases.  Cry me a river.

[podyx]

[chessnut]

I think on a bigger scale than you do. dont be such a know it all, because you cant predict every swing. afterall, we are talking about bitcoin, and the best traders make money in the long run not the short run.

why do you hodl fiat? why dont you try day trading forex.....? cos you will loooooseee

[MAbtc]

I think on a bigger scale than you do. dont be such a know it all, because you cant predict every swing. afterall, we are talking about bitcoin, and the best traders make money in the long run not the short run.

why do you hodl fiat? why dont you try day trading forex.....? cos you will loooooseee

This all depends on time frame. It is easy for the 2011 heads to preach holding. For those that got in 80000% later, it's a bit different. I never had six figures to put into bitcoin. I am up over 50x over buy-and-hold, and if I bought and held, I would have very little skin in this game. Fuck that.

"You" will lose? No -- the ones who preach holding are confident that "they" will lose.

[knightcoin]

I think on a bigger scale than you do. dont be such a know it all, because you cant predict every swing. afterall, we are talking about bitcoin, and the best traders make money in the long run not the short run.

why do you hodl fiat? why dont you try day trading forex.....? cos you will loooooseee

I dont know how small forex traders makes any profits ... they trade with minimal information (half order book) ... and against professionals blackbox and network hardware ( such as TCP/IP offload engines, http://www.bittware.com/media-center/video-library/financial-applications-overview , etc  ) sometimes they need to trade against their own broker ... the time they see price info ... loads of action already happened .. LoL ... I would prefer put my money on Shatoshi dice