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Author Topic: Bitcoin dropping, I love it.  (Read 3673 times)
BittBurger
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April 11, 2014, 12:44:43 AM
 #41

You're just in a bad mood because you are a day trader, and the price is tanking.

You have no confidence in the future, so this is your "window jumping" moment.

You proved his theory correct.  

Meanwhile I have "X" times as many bitcoins as I did the day I started out.

All I have done is buy and hold from day 1.

-B-

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meebs
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April 11, 2014, 12:45:51 AM
 #42

You might be happy because you are able to buy more. But in general, this can be extremely band news for Bitcoin. Do you think any shopkeeper will trust a currency which goes from $1,200 to $400 in a month's time?

vast majority of places that "accept bitcoin" get paid in cash from the company handling the transaction. As long as they are getting increased sales from accepting it, they don't care what its price is.

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ampere9765
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April 11, 2014, 01:03:43 AM
 #43

What's bullshit?

That I believe Bitcoin will succeed long term?

Obviously I believe that if I am holding right now, and buying more.

Nobody said I wasn't also going to enjoy the profits.

He said "Just" want to make money.

Nevermind.  Talking to a dummy.  (see signature)

I don't "just" want to make money either. I want to short the market while watching perma bulls squirm, clinging to their "hodler" cult bullshit

Werent you the guy that repeatedly goes off about traders causing volatility? Who's the dummy here?
ampere9765
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April 11, 2014, 01:04:56 AM
 #44

You're just in a bad mood because you are a day trader, and the price is tanking.

You have no confidence in the future, so this is your "window jumping" moment.

You proved his theory correct.  

Meanwhile I have "X" times as many bitcoins as I did the day I started out.

All I have done is buy and hold from day 1.

-B-

If you had looked through my posts you wouldn't say that. Day traders can make $ and BTC when the market goes up OR down

Edit: dude that is depressing as hell. are you telling me that you havent even recovered your initial investment?
Beef Supreme (OP)
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April 16, 2014, 02:20:38 AM
 #45

Though it's not going to be very good for you if it keeps dropping. Maybe people will be laughing at you in a few months' time for buying at 400.

What was that sound? A crow you say?  Knocking at your chamber door?

You might have to eat it to get rid of it.

chessnut
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April 16, 2014, 02:48:36 AM
 #46

I think this thread needs a train.

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