What is your end game if BTC crashes overnight?

[TheWhale]

As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio?

I think I'll put all of my BTC into Ripple for these reasons:

- It has strong financial backing (Google, Andreessen Horowitz etc)
- Disruptive technology without the Gov't heat (Bitcoin exchanges in China are closing, while Ripple gateways in China are opening)
- The technology is everything bitcoin but more (faster, more secure, more functions etc)
- From the above reasons, a high likely-hood of success/ price rise (therefore, making back my losses)

Have you been tricked into thinking Ripple is a scam? http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/


Anyway, those are my reasons. What's your end game?

[jubalix]

As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio?

I think I'll put all of my BTC into Ripple for these reasons:

- It has strong financial backing (Google, Andreessen Horowitz etc)
- Disruptive technology without the Gov't heat (Bitcoin exchanges in China are closing, while Ripple gateways in China are opening)
- The technology is everything bitcoin but more (faster, more secure, more functions etc)
- From the above reasons, a high likely-hood of success/ price rise (therefore, making back my losses)

Have you been tricked into thinking Ripple is a scam? http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/


Anyway, those are my reasons. What's your end game?

be in there buying every last BTC  I can afford

[jesse11]

A Newbie with words of wisdom  LOL 

[Djao]

As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio?

lol, what loss?

[go4nature]

If bitcoin dies all other crypto currencies will die including ripple.

[cryptoanarchist]

The lower bitcoin goes, the more I buy.

[NoWhammies]

I'm just going to put a gun in my mouth 

No seriously, I'm selling right now. I'm taking the same amount out as I have in. I'm still way ahead, but this saddens me. I've watched this market for about 2 years and it has never done this. When it would crash before it would jump right back. Now it's just a steady decline, followed by a steep decline, followed by more steady decline. 

[TheWhale]

As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio?

I think I'll put all of my BTC into Ripple for these reasons:

- It has strong financial backing (Google, Andreessen Horowitz etc)
- Disruptive technology without the Gov't heat (Bitcoin exchanges in China are closing, while Ripple gateways in China are opening)
- The technology is everything bitcoin but more (faster, more secure, more functions etc)
- From the above reasons, a high likely-hood of success/ price rise (therefore, making back my losses)

Have you been tricked into thinking Ripple is a scam? http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/

Is this the Ripple counter attack?  lol

Why doesn't the mod send this to 'Alts' like all the other Ripple crap. 

This has nothing to do with Ripple. I am merely asking for your exit strategy in regards to BITCOIN

[jesse11]

NoWhammies, Don't sell HORDE 

[Bit_Happy]

Ripple?
Does the OP think of this thread as Ripple Spam?

What is your end game if BTC crashes overnight?
Buy more!

[NoWhammies]

NoWhammies, Don't sell HORDE 

I wish I could, but the writing is on the wall. I'm still keeping as much BTC as I can but I'm getting my original investment of USD out. It makes me sick to have to do this but I can just hear the haters now with their Tulip/Ponzi scheme crap and talking to me like I got taken and saying they feel sorry for me and shit.

[jockular]

buy moar

[jesse11]

buy moar

Agreed   

[freequant]

It's not the end of BTC, but indeed the recent events should prompt to diversify a bit.
A good way is to do like the venture capitalists do: invest a bit everywhere you can feel some real potential.
Just follow them on twitter: they are generally quite loud about their investment decisions because it's in their best interest to rally investors around businesses they have seeded. These guys have a very acute instinct when it comes to hand picking legit businesses with high potential and they have access to minute details of founders identities and whereabouts.

[jesse11]

It's not the end of BTC, but indeed the recent events should prompt to diversify a bit.
A good way is to do like the venture capitalists do: invest a bit everywhere you can feel some real potential.
Just follow them on twitter: they are generally quite loud about their investment decisions because it's in their best interest to rally investors around businesses they have seeded. These guys have a very acute instinct when it comes to hand picking legit businesses with high potential and they have access to minute details of founders identities and whereabouts.

" These Guys"  LOL I know a lot of them, they drink more than I do! Yeah, Listen & do what they do, We'll help you when your homeless, just a bit LOL 

[freequant]

It's not the end of BTC, but indeed the recent events should prompt to diversify a bit.
A good way is to do like the venture capitalists do: invest a bit everywhere you can feel some real potential.
Just follow them on twitter: they are generally quite loud about their investment decisions because it's in their best interest to rally investors around businesses they have seeded. These guys have a very acute instinct when it comes to hand picking legit businesses with high potential and they have access to minute details of founders identities and whereabouts.

" These Guys"  LOL I know a lot of them, they drink more than I do! Yeah, Listen & do what they do, We'll help you when your homeless, just a bit LOL 

Ok guys, jesse11 is a name in the valley, and if he tells you venture capitalists are losers who end up drinking cheap table wine under a bridge in San Jose, you bet he rests his case. So do *not* follow venture capitalists or you would end up in misery like Marc Andreessen, you have been warned.

[romerun]

nobody gives a poo to ripple

[zetaray]

If bitcoin crash overnight, I would buy as much btc I can afford to loose, and buy the fastest asic miner with the btc.

[Lethn]

I'm actually doing a long position trade on Bitcoin technically, short term price drops will be nasty, but they won't affect me in the slightest, I'm going to be directly earning Bitcoins so I don't rely on price swings as much as other people and just adjust my prices.

p.s. I think Bitcoin is moving exactly as I thought it would this year, probably going to hit the $200 and then there will be a massive buy frenzy from the big traders.

[jesse11]

It's not the end of BTC, but indeed the recent events should prompt to diversify a bit.
A good way is to do like the venture capitalists do: invest a bit everywhere you can feel some real potential.
Just follow them on twitter: they are generally quite loud about their investment decisions because it's in their best interest to rally investors around businesses they have seeded. These guys have a very acute instinct when it comes to hand picking legit businesses with high potential and they have access to minute details of founders identities and whereabouts.

" These Guys"  LOL I know a lot of them, they drink more than I do! Yeah, Listen & do what they do, We'll help you when your homeless, just a bit LOL 

Ok guys, jesse11 is a name in the valley, and if he tells you venture capitalists are losers who end up drinking cheap table wine under a bridge in San Jose, you bet he rests his case. So do *not* follow venture capitalists or you would end up in misery like Marc Andreessen, you have been warned.

You spoke of Marc Andreessen, a American entrepreneur, investor, software engineer, and multi-millionaire and co-founder of Netscape Communications Corporation. You say he is in misery? Bad Dog! LOL