bitpop (OP)
Legendary
 Offline
Activity: 2912
Merit: 1060
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February 19, 2014, 04:42:23 PM |
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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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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Remember remember the 5th of November
Legendary
Offline
Activity: 1862
Merit: 1011
Reverse engineer from time to time
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February 19, 2014, 04:45:05 PM |
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Holding as well, I have plans for when 1BTC=$40k.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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igorr
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February 19, 2014, 04:57:06 PM |
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Holding my usd , because my dollars are working everywhere  |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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Holliday
Legendary
Offline
Activity: 1120
Merit: 1009
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February 19, 2014, 05:01:48 PM |
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Some people say the price is going to go to $100, $10, etc, etc.
We are talking mBTC, right?  |
If you aren't the sole controller of your private keys, you don't have any bitcoins.
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bitpop (OP)
Legendary
Offline
Activity: 2912
Merit: 1060
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February 19, 2014, 05:16:28 PM |
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Some people say the price is going to go to $100, $10, etc, etc.
We are talking mBTC, right? Oh so maybe they weren't fudding |
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ChuckBuck
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February 19, 2014, 05:17:47 PM |
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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?  |
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igorr
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February 19, 2014, 05:20:03 PM |
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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? yes, Bitcoin will live, but which price will be ? 10 usd or 30 usd ? |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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ChuckBuck
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February 19, 2014, 05:22:23 PM |
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Not sure, I'm not a fortune teller or Nostradamus. It'd probably be a good shorting opportunity for you though, right? |
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igorr
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February 19, 2014, 05:57:56 PM |
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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bitpop (OP)
Legendary
Offline
Activity: 2912
Merit: 1060
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February 19, 2014, 06:00:00 PM
Last edit: February 23, 2014, 04:36:27 PM by bitpop |
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igorr
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February 19, 2014, 06:02:58 PM |
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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.  View Screen Capture |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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ChuckBuck
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February 19, 2014, 06:08:12 PM |
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Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ? |
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igorr
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February 19, 2014, 06:09:21 PM |
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Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ? Bitstamp and BTC-E will soon come to the same as mtgox. ±10% |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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ChuckBuck
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February 19, 2014, 06:14:52 PM |
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Sure doesn't look like it Igorr: MtGox  BitStamp  BTC-E  |
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trcwhale
Member
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Activity: 84
Merit: 11
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February 19, 2014, 06:17:36 PM |
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Why do you always post MtGox charts, you don't like Bitstamp or BTC-E ? 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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bitpop (OP)
Legendary
Offline
Activity: 2912
Merit: 1060
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February 19, 2014, 06:28:37 PM
Last edit: February 23, 2014, 04:35:05 PM by bitpop |
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igorr
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February 19, 2014, 06:33:55 PM |
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just a little patience, and you will see how the fall Sure doesn't look like it Igorr: MtGox BitStamp BTC-E |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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bitpop (OP)
Legendary
Offline
Activity: 2912
Merit: 1060
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February 19, 2014, 06:40:37 PM
Last edit: February 23, 2014, 04:34:41 PM by bitpop |
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undeadbitcoiner
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February 19, 2014, 06:43:27 PM |
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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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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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February 19, 2014, 06:44:53 PM |
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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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