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Author Topic: The upside  (Read 1279 times)
bitpop
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February 19, 2014, 04:42:23 PM
 #1

Some people say the price is going to go to $100, $10, etc, etc. These guys also spread fud to try to get cheap coins. But they don't realize they are hurting the future. Don't believe for a second they aren't trying to buy, why else waste their time on this forum?

Anyway, I'm a hodler. I sleep good at night, don't gamble at exchanges, price doesnt matter at this point and I cant lose my Bitcoin. Its safely offline. Cant get stuck with mtgox or hacked. I simply hodl.

So youre a newbie, should you buy now or wait for a lower price...

If you buy now and are confident (you must hodl no matter what), you just wait. Nothing to do but wait. Could be $50k by 2015. But it could go to $0. The upside is HUGE and the downside is small.

If you wait, it may be too late. You might be waiting for $500 forever until the price is $50k. Your upside becomes very small but the downside is also small.

So when weighing your options, consider that both downsides are small but only option A has a large upside. Now if you're in it for a get rich quick scenario, run away now. This is something that will only reward you if you are passionate about it.


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February 19, 2014, 04:45:05 PM
 #2

Holding as well, I have plans for when 1BTC=$40k.

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igorr
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February 19, 2014, 04:57:06 PM
 #3

Holding my usd ,
because my dollars are working everywhere  Cheesy

Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
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February 19, 2014, 05:01:48 PM
 #4

Some people say the price is going to go to $100, $10, etc, etc.

We are talking mBTC, right? Wink

If you aren't the sole controller of your private keys, you don't have any bitcoins.
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February 19, 2014, 05:16:28 PM
 #5

Some people say the price is going to go to $100, $10, etc, etc.

We are talking mBTC, right? Wink

Oh so maybe they weren't fudding

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ChuckBuck
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February 19, 2014, 05:17:47 PM
 #6

It's only a small percentile that's spreading FUD and doom and gloom articles, mostly newbies.

I think most of the community is in it for the long haul.  

To me Bitcoin is the next technological breakthrough of the Internet era.

First the Internet was created, then soon after the PC, soon after networking and broadband matured, soon after operating systems and applications matured, soon after social networking exploded.

It seems like the next technological innovation in line to experience the "Network Effect".  To me at least.

Why wouldn't I HODL?   Grin

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'BTC MULTI-WALLET SOON'
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igorr
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February 19, 2014, 05:20:03 PM
 #7

It's only a small percentile that's spreading FUD and doom and gloom articles, mostly newbies.

I think most of the community is in it for the long haul.  

To me Bitcoin is the next technological breakthrough of the Internet era.

First the Internet was created, then soon after the PC, soon after networking and broadband matured, soon after operating systems and applications matured, soon after social networking exploded.

It seems like the next technological innovation in line to experience the "Network Effect".  To me at least.

Why wouldn't I HODL?   Grin

yes, Bitcoin will live, but which price will be ?   10 usd or 30 usd ?

Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
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February 19, 2014, 05:22:23 PM
 #8

Not sure, I'm not a fortune teller or Nostradamus.  It'd probably be a good shorting opportunity for you though, right?   Cheesy

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'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

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igorr
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February 19, 2014, 05:57:56 PM
 #9

Check this  Cheesy

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Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
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February 19, 2014, 06:00:00 PM
 #10

.

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February 19, 2014, 06:02:58 PM
 #11

I see exploding trend reversal, about to explode like a virgin

so far three times exploded and no more, game is over.

The price is three times was artificially raised by mining hardware manufacturer in cooperation with MtGox currency exchange,
and no more interest in it, because mining has become impossible, mining factor is below 9 cent per Gh at 24h
Red and blue lines diverge, after more than three years.

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Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
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February 19, 2014, 06:08:12 PM
 #12

Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ?   Wink

██
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██
'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

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igorr
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February 19, 2014, 06:09:21 PM
 #13

Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ?   Wink

Bitstamp and BTC-E will soon come to the same as mtgox. ±10%

Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
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February 19, 2014, 06:14:52 PM
 #14

Sure doesn't look like it Igorr:

MtGox




BitStamp




BTC-E


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║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

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February 19, 2014, 06:17:36 PM
 #15

Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ?   Wink

Bitstamp and BTC-E will soon come to the same as mtgox. ±10%

Igorr is a russian mafioso who is probably trading on BTC-E he just wants super cheap bitcoins there too.  Seriously man stop scaring all the noobs around here.

nobody is going to sell ya any coins.

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February 19, 2014, 06:28:37 PM
 #16

.

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February 19, 2014, 06:33:55 PM
 #17

just a little patience, and you will see how the fall

Sure doesn't look like it Igorr:

MtGox




BitStamp




BTC-E




Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
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February 19, 2014, 06:40:37 PM
 #18

.

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February 19, 2014, 06:43:27 PM
 #19

Some people say the price is going to go to $100, $10, etc, etc. These guys also spread fud to try to get cheap coins. But they don't realize they are hurting the future. Don't believe for a second they aren't trying to buy, why else waste their time on this forum?

Anyway, I'm a hodler. I sleep good at night, don't gamble at exchanges, price doesnt matter at this point and I cant lose my Bitcoin. Its safely offline. Cant get stuck with mtgox or hacked. I simply hodl.

So youre a newbie, should you buy now or wait for a lower price...

If you buy now and are confident (you must hodl no matter what), you just wait. Nothing to do but wait. Could be $50k by 2015. But it could go to $0. The upside is HUGE and the downside is small.

If you wait, it may be too late. You might be waiting for $500 forever until the price is $50k. Your upside becomes very small but the downside is also small.

So when weighing your options, consider that both downsides are small but only option A has a large upside. Now if you're in it for a get rich quick scenario, run away now. This is something that will only reward you if you are passionate about it.


Will be 50K very soon.
I won't say in 2015 but will surely

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February 19, 2014, 06:44:53 PM
 #20

Some people say the price is going to go to $100, $10, etc, etc. These guys also spread fud to try to get cheap coins. But they don't realize they are hurting the future. Don't believe for a second they aren't trying to buy, why else waste their time on this forum?

Anyway, I'm a hodler. I sleep good at night, don't gamble at exchanges, price doesnt matter at this point and I cant lose my Bitcoin. Its safely offline. Cant get stuck with mtgox or hacked. I simply hodl.

So youre a newbie, should you buy now or wait for a lower price...

If you buy now and are confident (you must hodl no matter what), you just wait. Nothing to do but wait. Could be $50k by 2015. But it could go to $0. The upside is HUGE and the downside is small.

If you wait, it may be too late. You might be waiting for $500 forever until the price is $50k. Your upside becomes very small but the downside is also small.

So when weighing your options, consider that both downsides are small but only option A has a large upside. Now if you're in it for a get rich quick scenario, run away now. This is something that will only reward you if you are passionate about it.



I have been telling people almost the exact same thing.   If you are in it for the long haul, and you don't need immediate access to the cash that you are investing, the price right now is extremely low in the grand scheme of things.   Yes, if you buy now, you may be in the red over the next few weeks, or maybe even the next few months.  But, if you are looking on a longer time table, you will almost certainly be in the green.   If you have some disposable income that you are working with, it definitely makes sense to buy some now.   If the price happens to dip, just buy some more.   Once the price rebounds back to your original purchase price, you will already have broken even on your investment...
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