What is your end game if BTC crashes overnight?

[Zooey]

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.  

Log scale

[Verge]

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. 

http://oi62.tinypic.com/2rqd5s5.jpg
http://oi60.tinypic.com/f3gk6o.jpg
Log scale

+1000

[Jarod1231]

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

This.

Short of the United States banning the use of Bitcoin a total collapse to BTC's death is unlikely, normal market history shows that a crash will always be succeeded by a recovery. If you have the spare money to do it, always buy during/after a crash.

[fernando]

I don't invest in BTC the money I need tomorrow and I don't look to the price too much. I believe in the premises behind BTC, so I believe that a complete crash is not likely.

Have fun and stop worrying.

[Spoetnik]

Agreed i have sat back with balls of titanium with a grin on my face with a lot of crashes as Troll Boxs erupted with screaming brats freaking out..
And i said watch when it goes down BUYERS will come out in force.. eventually price will go back up and..
I also said lots that if you simply were not aware of a crash and say had been gone from Bitcoin for a month chances are you
it wouldn't look too different, as though all the drama never even happened..
Things look worse when you have the bitcoinwisdom.com web page graph burned into your eye balls lol

Although over all the price is defiantly down.. we're not sitting on 1k BTC anymore and i still don't regret cashing out like 5/6 grand worth either when it was 1k
even though i was told by idiots worked up in a frenzy that 10k per coin was just around the corner. (where are they now ?)
I knew they were full of shit because it was all about new users coming in and Bitcoin hype sweeping the world..
Bitcoin is no longer a secret and there is no one i talk to anywhere that doesn't know what it is. But what do they think about it ? 75% scream Ponzi scheme !

I think a major issue we face is professionalism across the board and THAT is why we have had lower prices and a down trend.
and THAT is why i harp loud and clear to all that will listen that we need to get rid of scammy cloners etc.
I can prove what i am saying easily.. Bitcoin is not getting a good reputation by dipshit Doge coin supporters making pitiful excuses for it.
It's like having a "Mexican highway off-ramp selling oranges stock" mixed in with Apple and Facebook and Microsoft stocks.. it's bs.

In order for Bitcoin to have a future we need to raise the scene to a higher level of maturity and have services and coins that bring professionalism.
Flappycoin is not going to cut it..

I'd love to smack 50% of the Altcoin scene across the face and scream at them loud, wake the fuck up !

Banks and Chinese banks specifically see clearly what is going on and no human on earth from a professional business point of view
would see this alt coin shit and say ohhh yeah lets invest in that. So yes of course Chinese banks and every Bank across the globe are clamping down on us.
and Chinese Banks and other Financial regulation threats have kept our BTC price down.. There was also Russian regulation scares a couple times not long ago too.
And the link is there when assholes keep proclaiming Doge coin as the no. 3 coin and then New Guys come here and see the ANN forum section debacle..
Then game over, most respected people would turn and walk away from this altcoin scene !
When The bank of India warned against Litecoin, Bitcoin and Doge coin they were Warning AGAINST it !
Doge fucktards proudly paraded that around as a "we've been recognized" victory and morons like Cryptsy + Coindesk etc used it as another excuse to advertise and celebrate Doge coin.

I'm telling you guys think about it before it's too late.. we're getting to the point where the alt-coins are going to be dead BTC will be back stuck at $100 each
and all the snotty lippy "Free market" tards will have cashed out and vanished leaving the rest if us holding bag..
they are not going to stick around to hear the I told you so's, so don't let them ruin our scene and drain us dry short term.. stop these assholes now !

I wonder if most people in crypto watch what is going on ? As in do you see the media's response to Bitcoin and Altcoin in all forms of media ?
I see various news stories on tv/video about it and read a lot of tech sites that post crypto stories and the writing is on the wall and can't be ignored
well until you come here and are confronted with trademarked Bitcointalk scammers denial aka: Free Market propaganda i have the right to rip people off bs.
I couldn't care less for example if Cryptsy wants to post excuses on their blog or others here etc either.. when the rest of the world speaks THAT is who & what matters
people outside this scene are the ones that matter not blow hard's desperately clinging to their shrinking altcoin scam clone profits ! Fuck them their idiots with tunnel vision.

[ReBoRn]

i think before btc crashes fiat does

I think many times we have these rumors bitcoin is going to crush but its not going to crush its just gamblers games going here 

[g4c]

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.  

Log scale

OMFG, I F'kin LOVE Beaker! So tweaky! Always was the best part of the Muppet Show for me  

[s1gs3gv]

Agreed i have sat back with balls of titanium with a grin on my face with a lot of crashes as Troll Boxs erupted with screaming brats freaking out..
And i said watch when it goes down BUYERS will come out in force.. eventually price will go back up and..
I also said lots that if you simply were not aware of a crash and say had been gone from Bitcoin for a month chances are you
it wouldn't look too different, as though all the drama never even happened..
Things look worse when you have the bitcoinwisdom.com web page graph burned into your eye balls lol

Although over all the price is defiantly down.. we're not sitting on 1k BTC anymore and i still don't regret cashing out like 5/6 grand worth either when it was 1k
even though i was told by idiots worked up in a frenzy that 10k per coin was just around the corner. (where are they now ?)
I knew they were full of shit because it was all about new users coming in and Bitcoin hype sweeping the world..
Bitcoin is no longer a secret and there is no one i talk to anywhere that doesn't know what it is. But what do they think about it ? 75% scream Ponzi scheme !

I think a major issue we face is professionalism across the board and THAT is why we have had lower prices and a down trend.
and THAT is why i harp loud and clear to all that will listen that we need to get rid of scammy cloners etc.
I can prove what i am saying easily.. Bitcoin is not getting a good reputation by dipshit Doge coin supporters making pitiful excuses for it.
It's like having a "Mexican highway off-ramp selling oranges stock" mixed in with Apple and Facebook and Microsoft stocks.. it's bs.

In order for Bitcoin to have a future we need to raise the scene to a higher level of maturity and have services and coins that bring professionalism.
Flappycoin is not going to cut it..

I'd love to smack 50% of the Altcoin scene across the face and scream at them loud, wake the fuck up !

Banks and Chinese banks specifically see clearly what is going on and no human on earth from a professional business point of view
would see this alt coin shit and say ohhh yeah lets invest in that. So yes of course Chinese banks and every Bank across the globe are clamping down on us.
and Chinese Banks and other Financial regulation threats have kept our BTC price down.. There was also Russian regulation scares a couple times not long ago too.
And the link is there when assholes keep proclaiming Doge coin as the no. 3 coin and then New Guys come here and see the ANN forum section debacle..
Then game over, most respected people would turn and walk away from this altcoin scene !
When The bank of India warned against Litecoin, Bitcoin and Doge coin they were Warning AGAINST it !
Doge fucktards proudly paraded that around as a "we've been recognized" victory and morons like Cryptsy + Coindesk etc used it as another excuse to advertise and celebrate Doge coin.

I'm telling you guys think about it before it's too late.. we're getting to the point where the alt-coins are going to be dead BTC will be back stuck at $100 each
and all the snotty lippy "Free market" tards will have cashed out and vanished leaving the rest if us holding bag..
they are not going to stick around to hear the I told you so's, so don't let them ruin our scene and drain us dry short term.. stop these assholes now !

I wonder if most people in crypto watch what is going on ? As in do you see the media's response to Bitcoin and Altcoin in all forms of media ?
I see various news stories on tv/video about it and read a lot of tech sites that post crypto stories and the writing is on the wall and can't be ignored
well until you come here and are confronted with trademarked Bitcointalk scammers denial aka: Free Market propaganda i have the right to rip people off bs.
I couldn't care less for example if Cryptsy wants to post excuses on their blog or others here etc either.. when the rest of the world speaks THAT is who & what matters
people outside this scene are the ones that matter not blow hard's desperately clinging to their shrinking altcoin scam clone profits ! Fuck them their idiots with tunnel vision.

Professionalism indeed. (emphasis added)

[GoldSeal]

I stopped trading BTC a while ago. I only buy them when they are particularly distressed. For now I`m just sitting on several million casinocoin and a few other select alt coins.

[TrueAccess]

It didn't crush, so what now ?