3. Gamblers just hold. If you do not have any more BTC to put up buy orders that means you are gambler, period.
I disagree. If you do not have any more BTC to put up to buy orders that means you are FULLY INVESTED.
Investors hold for the long term, Gamblers buy and sell as the price goes up and down.
subSTRADA was talking about traders... not investors. They are different!
Problem is that you noobs think investor is someone who buys and holds no matter what which is not true.
All hail the omniscient substrata. I sense a cult in the making and must commend you for imagining yourself to be more intelligent than all here present. I sense movement below stairs just thinking about it.
However, the truth of the matter is that traders have their own ideas and plans. Unless arguments can withstand logical scrutiny, they are based on fallacies.
By way of example, your 'idea' that anyone who declines to place buy orders for XCR (at 100 Satoshi or less) is acting illogically and is therefore a gambler makes no sense at all.
When you place a buy order (even a ridiculous buy order) it is nonetheless necessary to invest BTC in that buy order, In other words, you have to put your money where your mouth is. Else every nutter on the planet would place crazy buy orders and never fulfill them.
The result of this perfectly understandable requirement (that is, that you must have the money to support your buy order) is that your BTC is locked into the buy order for the duration of that buy order. It is therefore unavailable for other purposes within the duration of the buy order. Simple as a dimple wearing a wimple.
Bearing this in mind, lets have a quick look at your argument. You maintain that anyone who does not yet hold a superabundance of low price buy orders on BTER is a gambler. You also maintain that people who decline to sell their XCR are gamblers. Really?
First of all, wasting resources by placing ridiculously low buy orders for XCR is fundamentally illogical. Resources should be put to optimal use. Locking BTC into mad buy orders is suboptimal. Secondly, your attention is invited to the fallacy ad argumentum generalis (which has been around since the time of Aristotle and never seems to grow old). Your argument is as follows:
'All traders who do not invest BTC by way of optimistic XCR buy orders are gamblers, therefore, because you have not invested your BTC in low value buy orders, you are a gambler'.
Note how your conclusion has been pre-disastered by engineering it into your premise.
A further example of a similar fallacy is the fallacy ad argumentum a priori, an example of which is as follows: 'The Bible tells us of the existence of God, therefore God exists because the Bible tells us so'.
My advice, Substrata, is that you read a book on Boolean Algebraic Logic before contaminating our collective consciousness further.
Edit: Crypti is the state of the art second generation currency. Even before the wallet release, it appears to have achieved greater favour with traders than any other currency to date. It will, on the balance of probabilities, enjoy significant increases in price when released. Genesis investors who sold have already made significant profits. Those who continue to hold Crypti are acting perfectly logically. It is the best alt-coin out there I am aware of and will likely benefit (in terms of trading volume) from the NXT heist. Good day.
