dnaleor (OP)
Legendary
 Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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April 11, 2014, 12:16:44 AM |
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I am officially calling today "black thursday". What did you do with your coins today (2014-04-10) ?
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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ampere9765
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April 11, 2014, 12:17:53 AM |
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I missed my last target to open short  Now I just wait in fiat |
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dnaleor (OP)
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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April 11, 2014, 12:18:30 AM |
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I sold 33%
Will buy back between 250 and 320 USD.
If we do not reach that exchange rate, I will buy back at 410 USD
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lynn_402
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April 11, 2014, 12:20:26 AM |
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I am officially calling today "black thursday". What did you do with your coins today (2014-04-10) ?
Hodled 100%, drank a glass of good mead, and still felt as sure as ever that the value (if not the price) of a bitcoin is well over ATH  How stress-free life is for long-term hodlers. |
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njcarlos
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April 11, 2014, 12:21:41 AM |
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You didn't include an option for "wait for it to hit $100 then go all in."  |
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serenitys
Full Member
Offline
Activity: 126
Merit: 101
Be Here Now
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April 11, 2014, 12:22:06 AM |
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Need to add another value for the "didn't do anything/couldn't do anything" segment.
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You say "anti government" like that's a bad thing...
Unfortunate times will bring out the best in good people and the worst in bad people
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ampere9765
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April 11, 2014, 12:22:19 AM |
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I am officially calling today "black thursday". What did you do with your coins today (2014-04-10) ?
Hodled 100%, drank a glass of good mead, and still felt as sure as ever that the value (if not the price) of a bitcoin is well over ATH How stress-free life is for long-term hodlers. I'm not sure I can believe that losing > 20% value in a day is "stress free" but whatever works for you. I would find long term holding 100% of the time extremely stressful |
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sporket
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April 11, 2014, 12:23:19 AM |
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To all the hodlers out there, Hodler is one of my favorite painters.  Ferdinand Hodler |
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dnaleor (OP)
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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April 11, 2014, 12:24:04 AM |
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You didn't include an option for "wait for it to hit $100 then go all in." that is for the next poll, "green someday" |
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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April 11, 2014, 12:24:38 AM |
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I sat back with popcorn enjoying the entertainment from the panic and nervous sellers.  |
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Dalmar
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April 11, 2014, 12:26:13 AM |
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Hodled shorts, and amusingly watching how prices tank.
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lynn_402
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April 11, 2014, 12:26:25 AM |
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I'm not sure I can believe that losing > 20% value in a day is "stress free" but whatever works for you. I would find long term holding 100% of the time extremely stressful
The market price is irrelevant if you believe Bitcoin will realise its long-term potential, and you did not invest more that you can afford to lose. And it did not lose 20% value in a day, the price dropped 20%, that is quite different! It still is the superior currency. I sat back with popcorn enjoying the entertainment from the panic and nervous sellers. +1 |
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pungopete468
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April 11, 2014, 12:27:42 AM |
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The panic selling has already happened. Most of the new users have already sold; the only ones left appear to be the long term holders and the day traders.
The resistance is all day traders speculating on a bottom but the external interest just isn't there with any force. The old money is draining out of the market faster than the new money coming in... This is going to get ugly until the market is saturated with liquidity and a huge portion of the total coins can be purchased.
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frozenminer
Newbie
Offline
Activity: 6
Merit: 0
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April 11, 2014, 12:29:29 AM |
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black friday was named because it was the first day most retailers went into the black (positive net income). i don't think most btc holders are going into the black today...
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ampere9765
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April 11, 2014, 12:31:34 AM |
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black friday was named because it was the first day most retailers went into the black (positive net income). i don't think most btc holders are going into the black today...
Many of the sellers bought at much lower prices... |
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twiifm
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April 11, 2014, 12:32:54 AM |
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black friday was named because it was the first day most retailers went into the black (positive net income). i don't think most btc holders are going into the black today...
Nah its reference to "Black Monday" big crash in 1987 |
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galbros
Legendary
Offline
Activity: 1022
Merit: 1000
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April 11, 2014, 01:15:41 AM |
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Didn't notice, seriously. So I guess I'm a holder > 1. Sorry to see BTC taking another big move down.
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master-P
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April 11, 2014, 01:28:51 AM |
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I haven't done anything yet. Still debating whether I should stock up on a few BTC or a lot of LTC.
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seanneko
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April 11, 2014, 01:37:30 AM |
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I ignored it and did nothing.
Not even sure what the big deal is. We had a bigger crash than this the first time China banned Bitcoin.
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