gentlemand (OP)
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Welt Am Draht
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February 08, 2014, 12:10:11 AM |
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As per the title, what price is likely to have you getting a little sweat on?
For me I'd be a little disappointed with $400, mildly aggrieved with $300 and my shitty moment would be somewhere just below $200.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Ibian
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February 08, 2014, 12:11:13 AM |
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Nothing. Literally. It's all or nothing for me.
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Look inside yourself, and you will see that you are the bubble.
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Hyena
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February 08, 2014, 12:11:56 AM |
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sub 10$ prices. because that's the last time I bought bitcoins never sold
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Dalmar
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February 08, 2014, 12:12:59 AM |
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30 Because I bought my first coins at that price.
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cryptoanarchist
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Activity: 1120
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February 08, 2014, 12:13:10 AM |
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Nothing. Literally. It's all or nothing for me.
The statists/fed agents/trolls/bears all are into speculation and don't realize how many people use bitcoin to use bitcoin and don't care what price it is.
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I'm grumpy!!
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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February 08, 2014, 12:14:28 AM |
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If it gets below previous low of $382 on Bitstamp then things are starting to get interesting. I have decided not to add more fiat but if that happens I may reconsider dipping into savings and aggressively buy in.
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bassclef
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February 08, 2014, 12:15:56 AM |
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Probably sub $100. And I'd be buying all the way down.
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traderCJ
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February 08, 2014, 12:16:35 AM |
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All depends on where you got in. Would be interesting to study the psychology of trading and see where your typical investor/trader sets their stop losses.
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jakedeez
Sr. Member
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Activity: 512
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ICO is evil
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February 08, 2014, 12:18:28 AM |
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Bitches! $1 lower then here is my oh shit level! #honest
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TERA
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February 08, 2014, 12:26:25 AM |
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I'd start getting nervous if i saw $800 again.
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c0ldfusi0nz
Newbie
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Activity: 52
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February 08, 2014, 12:26:55 AM |
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$100 is a big psychological breaking point now.
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hyphymikey
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February 08, 2014, 12:35:43 AM |
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<382 oh shit (in a good way) = buying spree
<266 oh shit (in a bad way) = loss of confidence among bitcoiners
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coinpharmer
Member
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February 08, 2014, 12:44:59 AM |
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if it goes under 100$ Im taking as big a loan as I can get to buy as many as I can. thats my oh shit reaction. if its sub 300 Ill be full btc but no debt.
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Bitcoin BEAR
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February 08, 2014, 12:53:19 AM |
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<266 oh shit (in a bad way) = loss of confidence among bitcoiners
You're wrong! Loss of confidence by the HODLers who don't know how markets work, perhaps. Among people in the know? Not at all. Retraces happen every day. The retrace will be larger for a larger cycle. This may happen to be that larger cycle which has a corrective move back down to earth, but it doesn't mean Bitcoin is dead. Those who lose confidence in Bitcoin because of an overlap of a previous ATH, are no better than the panic sellers who sell the bottom. "Weak hands" as many of them call it. And I say good riddance. Price doesn't have to go up to hold confidence. In fact, I distrust a market that continually rises without a corrective pattern.
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MonadTran
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February 08, 2014, 12:55:08 AM |
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if it goes under 100$ Im taking as big a loan as I can get to buy as many as I can. thats my oh shit reaction.
Yep. Something like that. Except for no loans, there's no way I would sell myself into slavery unless absolutely needed.
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cp1
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February 08, 2014, 12:55:24 AM |
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If it goes below $200 I'm buying.
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Bit_Happy
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A Great Time to Start Something!
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February 08, 2014, 12:58:57 AM |
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All these Bear threads make it easy to see that BTC is going higher soon.
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MatTheCat
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February 08, 2014, 01:04:58 AM |
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All these Bear threads make it easy to see that BTC is going higher soon. In that case buy as much $700 BTC as you can before it is too late.
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coinpharmer
Member
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February 08, 2014, 01:07:00 AM |
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if it goes under 100$ Im taking as big a loan as I can get to buy as many as I can. thats my oh shit reaction.
Yep. Something like that. Except for no loans, there's no way I would sell myself into slavery unless absolutely needed. Id never go so far as to call taking a loan slavery, that sounds more like what I refer to a job as..
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viriat0
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February 08, 2014, 01:08:22 AM |
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below $100 I'm buying!!
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derpinheimer
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February 08, 2014, 01:09:24 AM |
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If it goes below $300 I sell everything and invest in a different coin.
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Cyberlight
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February 08, 2014, 01:27:09 AM |
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1.000.000 "o shit, im rich"
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ArticMine
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Monero Core Team
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February 08, 2014, 03:51:51 AM |
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1260 BTC / USD while holding a short position.
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chessnut
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February 08, 2014, 03:54:06 AM |
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goes below 150..... oh shit - when they be talkin about binary outcome....
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Elwar
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Viva Ut Vivas
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February 08, 2014, 04:01:05 AM |
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Probably when it is at pennies.
I would buy the last coins for posterity.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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porcupine87
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February 08, 2014, 04:03:05 AM |
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No price. It depends if you think it will rise again or not. When there is a panic like "China forbides to use the word Bitcoin in public" and the price will go to 50$, this would be a dream. I would buy. If all OECD-states ban Bitcoin, this would be a "not so good". Fortunatelly there are more states in the world.
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"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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Holliday
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February 08, 2014, 04:05:28 AM |
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I've been saying, "Oh shit!" pretty much every day for a few years now.
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If you aren't the sole controller of your private keys, you don't have any bitcoins.
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adamstgBit
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Trusted Bitcoiner
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February 08, 2014, 04:08:48 AM |
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I've been saying, "Oh shit!" pretty much every day for a few years now.
+1
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geri
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February 08, 2014, 04:11:20 AM |
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I'm all or nothing.
Unless I urgently need cash in USD and the price is 1/10 of what I bought it for. Oh shit!
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jakedeez
Sr. Member
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Activity: 512
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ICO is evil
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February 08, 2014, 04:13:29 AM |
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I've been saying, "Oh shit!" pretty much every day for a few years now.
+1 +2
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BitcoinBobbeh
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February 08, 2014, 04:50:34 AM |
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I don't know what my "oh shit" level would be... lots of low projections on this post for whatever reason.
I would be shocked if the price went under $500 on this dip.
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By the end of next month at the latest we will have permanently left behind 3 digits. You can quote me on this.
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Honeypot
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February 08, 2014, 06:24:36 AM |
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0.000000001 USD.
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chessnut
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February 08, 2014, 06:55:48 AM |
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I don't know what my "oh shit" level would be... lots of low projections on this post for whatever reason.
I would be shocked if the price went under $500 on this dip.
there's no knowing where it's going. - willy wonka yeah there are just so many speculators and not enough commercials. the weight of a speculator crash could certainly bring it down to 350.
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indiemax
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February 08, 2014, 07:42:00 AM |
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Don't care how low it goes what i put in ,I can afford to lose Be surprised it it went to 0 as too many who would buy the cheap coins,so will always have a value Oh, and for the trolls,this ain't a ponzi, a ponzi dies on the first crash, no exceptions Bitcoin will lose value because of weak hands responding to Government pressure and media FUD not because it's a bad idea
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Nancarrow
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February 08, 2014, 08:16:26 AM |
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I don't have an "oh shit" price. Quite the contrary, the lower it goes the more urgently I'll try to find some spare GBP to buy more BTC.
What I do have is a (very mild) "oh shit" worry about the soundness of the bitcoin protocol. My confidence in Bitcoin is entirely based on what I've understood about the protocol (the mining, the validation, the consensus mechanism, the blockchain etc etc). If a fatal weakness gets discovered tomorrow I just hope I can cash out in time. Then again I've been following this for over two years now and every time I learn a bit more about the guts of Bitcoin, I'm more impressed.
IOW if I see the price is $50 tomorrow I'll hunt around and try to find out WHY. If it turns out someone's found a way to double-spend, or broken ecdsa, or the last twenty blocks in a row have all had a Merkle root spelling "LOLFAG" in ASCII, I'll sell toot sweet. If it's because MtGox has closed shop or someone's run off with online wallet funds or China's assassinated Gavin Andresen, I'll take advantage of the panic and buy, buy, buy.
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If I've said anything amusing and/or informative and you're feeling generous: 1GNJq39NYtf7cn2QFZZuP5vmC1mTs63rEW
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disclaimer201
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February 08, 2014, 08:37:05 AM |
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if it goes under 100$ Im taking as big a loan as I can get to buy as many as I can. thats my oh shit reaction. if its sub 300 Ill be full btc but no debt.
If it goes under 300 you should take the loan. If it goes under 100, you should get all out. Bitcoin would not recover from 100 and be perceived dead for real. It would absolutely crush bitcoin confidence.
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polarhei
Sr. Member
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Activity: 462
Merit: 250
Firing it up
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February 08, 2014, 08:37:55 AM |
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Personal Secret price? Before I subscribe cloudhashing services, I have estimated the price tag comparing with others.
Currently If Under than USD 70 per 1 BTC, there is problem.
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4480
You're never too old to think young.
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February 08, 2014, 08:52:44 AM |
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I've been saying, "Oh shit!" pretty much every day for a few years now.
+1000000 /thread
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jake23l
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February 08, 2014, 09:04:00 AM |
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I've been saying, "Oh shit!" pretty much every day for a few years now.
+1000000 /thread ^^This. How many times have people thought it was the end? Strong hands win every time.
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Rampion
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February 08, 2014, 10:27:35 AM |
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If it goes below $300 I sell everything and invest in a different coin.
Please send me a PM then: I will buy all your coins.
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klondike_bar
Legendary
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Activity: 2128
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ASIC Wannabe
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February 08, 2014, 04:25:02 PM |
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below $600 I may buy some more below $400 I WILL buy more.
*assuming the drop is due to market jitters and weak hands, rather than major bad news
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GigaCoin
Sr. Member
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Activity: 308
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Giga
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February 08, 2014, 06:24:52 PM |
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I bought my bitcoin investment stash in April 2013 so u can figure out when I start sweating . Still hodling ever since. Ive been buying on dips since november, and will buy more soon, however any new btc I buy goes for investments in other stocks or coins or for purchasing goods and services.
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klondike_bar
Legendary
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Activity: 2128
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ASIC Wannabe
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February 08, 2014, 07:30:41 PM |
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I bought my bitcoin investment stash in April 2013 so u can figure out when I start sweating . Still hodling ever since. Ive been buying on dips since november, and will buy more soon, however any new btc I buy goes for investments in other stocks or coins or for purchasing goods and services. Is there some weird 'hodling' meme going on in the economics section, or is it simply a lack of coordination in bitcoin owners?
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practicaldreamer
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February 08, 2014, 07:47:42 PM |
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IOW if I see the price is $50 tomorrow I'll hunt around and try to find out WHY. If it turns out someone's found a way to double-spend, or broken ecdsa, or the last twenty blocks in a row have all had a Merkle root spelling "LOLFAG" in ASCII, I'll sell toot sweet. If it's because MtGox has closed shop or someone's run off with online wallet funds or China's assassinated Gavin Andresen, I'll take advantage of the panic and buy, buy, buy.
That pretty much sums up my attitude also.
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teukon
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February 08, 2014, 08:24:35 PM |
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I guess about 3900 USD/BTC.
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fallinglantern
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February 08, 2014, 09:13:00 PM |
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I see we are nearing the "Capitulation" stage based on the thread subject...
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medUSA
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--Signature Designs-- http://bit.ly/1Pjbx77
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February 08, 2014, 09:22:01 PM |
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There is no definite "oh shit" price for me, it all depends on how fast it drops to that "oh shit" price If I were to give it a real number... Judging from the responses here, there is great support around $200-$300, so "oh shit" price would probably be $150
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Mythul
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February 08, 2014, 09:38:17 PM |
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$100 for me.
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DPoS
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February 08, 2014, 09:45:06 PM |
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you guys are doing it wrong.. spend your coins on 'stuff' & let coinbase/bitpay absorb the losses as it gets overspent.. then pick them back up 40% lower and repeat
you aren't spending bitcoins.. you are spending that andreesen dude's money
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Xer0
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February 08, 2014, 10:25:44 PM |
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100€ is where i bought
but dont care. its just 100€
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cbeast
Donator
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Activity: 1736
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Let's talk governance, lipstick, and pigs.
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February 08, 2014, 11:11:50 PM |
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I had my moment of doubt once. It was a costly mistake. Never again. Bitcoin will never fail as long as there is greed in men's hearts.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4480
You're never too old to think young.
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February 09, 2014, 12:26:30 AM |
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If it goes below $300 I sell everything and invest in a different coin.
Please send me a PM then: I will buy all your coins. You wily old fox. Haven't heard much from you lately. Seems you've accepted the fact that $300 would be silly cheap now. Last time I remember you posting, you were waiting for $30 capitulation. Don't let Shroomsie know you're here.
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keithers
Legendary
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Activity: 1456
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This is the land of wolves now & you're not a wolf
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February 09, 2014, 12:27:45 AM |
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$550 is oh shit price. If it hits $500 i am going to throw some more money at it...
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JimboToronto
Legendary
Online
Activity: 4004
Merit: 4480
You're never too old to think young.
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February 09, 2014, 12:32:55 AM |
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Is there some weird 'hodling' meme going on in the economics section, or is it simply a lack of coordination in bitcoin owners?
It started with a whiskey-soaked rant on the night of the December 2013 "crash". https://bitcointalk.org/index.php?topic=375643.0
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jubalix
Legendary
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Activity: 2618
Merit: 1022
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February 09, 2014, 01:43:57 AM |
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i don't have one, because at -ve$ people will give me BTC for nothing which would be my ideal situation.
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KawalGrover
Newbie
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Activity: 38
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February 09, 2014, 03:58:30 AM |
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As per the title, what price is likely to have you getting a little sweat on?
For me I'd be a little disappointed with $400, mildly aggrieved with $300 and my shitty moment would be somewhere just below $200.
I really thought about this ... and my answer is either: 1. $0 -- Oh shit, they figured out something so terribly wrong that we can't even roll back to some earlier version (the probability of this is so negligible that I don't even worry about it) 2. $10,000 -- Oh shit, we didn't innovate technologies using the Blockchain fast enough and hyperinflation is here now (judging by how fast things are moving ... ethereum, bitcongress, NXT, Mastercoin, ColoredCoin, OpenTransactions, BitMessage, Protoshares and so much else)... I'm getting less worried about this option as well.
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Ibian
Legendary
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Activity: 2268
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February 09, 2014, 04:03:26 AM |
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2. $10,000 -- Oh shit, we didn't innovate technologies using the Blockchain fast enough and hyperinflation is here now (judging by how fast things are moving ... ethereum, bitcongress, NXT, Mastercoin, ColoredCoin, OpenTransactions, BitMessage, Protoshares and so much else)... I'm getting less worried about this option as well. Deflation. Inflation is what fiat does. Bitcoin itself is technically inflationary until the last coin is mined, but adoption means the value is deflationary.
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Look inside yourself, and you will see that you are the bubble.
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Adrian-x
Legendary
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February 09, 2014, 04:47:32 AM |
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$3.00 and $30,000.00 Everything in-between calls for popcorn.
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Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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pungopete468
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February 09, 2014, 04:57:27 AM |
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2. $10,000 -- Oh shit, we didn't innovate technologies using the Blockchain fast enough and hyperinflation is here now (judging by how fast things are moving ... ethereum, bitcongress, NXT, Mastercoin, ColoredCoin, OpenTransactions, BitMessage, Protoshares and so much else)... I'm getting less worried about this option as well. Deflation. Inflation is what fiat does. Bitcoin itself is technically inflationary until the last coin is mined, but adoption means the value is deflationary. I think he's referring to a potential global economic collapse devaluing fiat currencies to where BTC is $10,000 each with the fiat being hyper-inflated. He was commenting on the rapid innovation using the blockchain that will sustain the utility of BTC under any circumstance.
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xDan
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February 09, 2014, 06:42:37 PM |
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I hate this middle ground. Anything $100 - $600 is unpleasant. But I would LOVE < $100, since it means I can buy a ton more.
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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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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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February 09, 2014, 07:19:47 PM |
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I hate this middle ground. Anything $100 - $600 is unpleasant. But I would LOVE < $100, since it means I can buy a ton more.
It would also mean something has gone horribly wrong. Something game ending. Don't wish for it.
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Look inside yourself, and you will see that you are the bubble.
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nwbitcoin
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February 09, 2014, 07:38:21 PM |
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If the price went to $100, why would you buy?
While prices are set by traders, it does need a reason and if the price drops that far, then Bitcoin must be on deaths door!
The reality for me is once my coins drop to a value equal to what I spent on them in fiat, I will worry - although the reality is, I have already taken that money out and spent it on stuff!
If bitcoin dropped to $0, I wouldn't have actually lost money - but I doubt that will happen in 2014! ;-)
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*Image Removed* I use Localbitcoins to sell bitcoins for GBP by bank transfer!
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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February 09, 2014, 07:41:24 PM |
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Staying under $250 for longer than a quick dip would raise my eyebrows... If and how I would react to such a eyebrow situation depends on my interpretation of the fundamentals.
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pietje
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February 09, 2014, 07:45:59 PM |
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If bitcoin dropped to $0, I wouldn't have actually lost money - but I doubt that will happen in 2014! ;-)
All depends on how you see it. When you have for example 1 bitcoin you actually have around $600 dollar now, so if it drops to $ 0 you do lose money you have now. maybe you dont lose your invested money, but you still have less then you have now.
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DubFX
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February 09, 2014, 07:50:25 PM |
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450 euros per coin would make me raise my eyebrows. The shit one would be below 300.
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xDan
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February 09, 2014, 09:32:46 PM |
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I hate this middle ground. Anything $100 - $600 is unpleasant. But I would LOVE < $100, since it means I can buy a ton more.
It would also mean something has gone horribly wrong. Something game ending. Don't wish for it. well, yeah... But if it went that far down solely due to some negative media attention or something. I doubt that would happen though.
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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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