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Author Topic: What if fallling is actually a bull...  (Read 2101 times)
JimboToronto
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September 04, 2014, 11:56:44 AM
 #21

LOL thread.

It gives an insight into human gullibility and openness to suggestion.

Watch enough TV commercials and those Mcdonalds burgers seem less and less disgusting and more and more desirable. Yum... pink slime, grease and salt.

Read enough Faiiiling posts and his deluded trolling seems less and less ridiculous and more and more feasible. Gee... he must be a genius, maybe even Satoshi.

LOL

 
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September 04, 2014, 12:01:34 PM
 #22

Title mistyped.  Should be "full of" rather than "a".

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September 04, 2014, 12:17:14 PM
 #23

Title mistyped.  Should be "full of" rather than "a".

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September 05, 2014, 08:11:09 AM
 #24

haha you people are funnier every day

price keeps falling and falling and everybody lose money and still you say its all right and going to be okay

A lot of people around these forums got into bitcoin way before it was worth even $100. Price will downtrend for a while as adoption increases by merchants and people buy stuff with their BTC causing a selling pressure. Once enough merchants accept it and offer discounts etc then demand will increase and the purchasing power of bitcoin will increase.

If you're losing money you're clearly new and more worried about your current fiat wealth than understanding the long term wealth accumulation of holding bitcoins, even if just accounting for the inflationary state of central banking systems and the rapidly increasing US monetary base.

I'm a Bitcoin supporter, but in pure inflationary terms, given the current projections, Bitcoin's production rate won't drop below the US Dollar's inflation rate until sometime in 2020, which is 6 years away.

https://bitcointalk.org/index.php?topic=130619.0

Sure, other currencies of the world may inflate faster, and something could even happen to the US dollar in that time, inflating it more quickly (though the EU seems to not want to let that happen right now). The overall adoption rate of Bitcoin may also continue, increasing Bitcoin's demand and value regardless of inflation, like you said. But as a pure play against inflation, Bitcoin may not be the place to be right now.
inca
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September 05, 2014, 09:28:46 AM
 #25

haha you people are funnier every day

price keeps falling and falling and everybody lose money and still you say its all right and going to be okay

A lot of people around these forums got into bitcoin way before it was worth even $100. Price will downtrend for a while as adoption increases by merchants and people buy stuff with their BTC causing a selling pressure. Once enough merchants accept it and offer discounts etc then demand will increase and the purchasing power of bitcoin will increase.

If you're losing money you're clearly new and more worried about your current fiat wealth than understanding the long term wealth accumulation of holding bitcoins, even if just accounting for the inflationary state of central banking systems and the rapidly increasing US monetary base.

I'm a Bitcoin supporter, but in pure inflationary terms, given the current projections, Bitcoin's production rate won't drop below the US Dollar's inflation rate until sometime in 2020, which is 6 years away.

https://bitcointalk.org/index.php?topic=130619.0

Sure, other currencies of the world may inflate faster, and something could even happen to the US dollar in that time, inflating it more quickly (though the EU seems to not want to let that happen right now). The overall adoption rate of Bitcoin may also continue, increasing Bitcoin's demand and value regardless of inflation, like you said. But as a pure play against inflation, Bitcoin may not be the place to be right now.

By that logic it wasn't the place to be in 2009. Oh the inflation.

Bitcoin's rising value has easily outstripped its rate of inflation since inception. Who in their right mind invests in bitcoin as a pure play against inflation!? Smiley
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September 05, 2014, 09:39:23 AM
Last edit: September 05, 2014, 07:29:05 PM by mmortal03
 #26

haha you people are funnier every day

price keeps falling and falling and everybody lose money and still you say its all right and going to be okay

A lot of people around these forums got into bitcoin way before it was worth even $100. Price will downtrend for a while as adoption increases by merchants and people buy stuff with their BTC causing a selling pressure. Once enough merchants accept it and offer discounts etc then demand will increase and the purchasing power of bitcoin will increase.

If you're losing money you're clearly new and more worried about your current fiat wealth than understanding the long term wealth accumulation of holding bitcoins, even if just accounting for the inflationary state of central banking systems and the rapidly increasing US monetary base.

I'm a Bitcoin supporter, but in pure inflationary terms, given the current projections, Bitcoin's production rate won't drop below the US Dollar's inflation rate until sometime in 2020, which is 6 years away.

https://bitcointalk.org/index.php?topic=130619.0

Sure, other currencies of the world may inflate faster, and something could even happen to the US dollar in that time, inflating it more quickly (though the EU seems to not want to let that happen right now). The overall adoption rate of Bitcoin may also continue, increasing Bitcoin's demand and value regardless of inflation, like you said. But as a pure play against inflation, Bitcoin may not be the place to be right now.

By that logic it wasn't the place to be in 2009. Oh the inflation.

Bitcoin's rising value has easily outstripped its rate of inflation since inception. Who in their right mind invests in bitcoin as a pure play against inflation!? Smiley

I didn't say it wasn't the place to be since then, period -- just not as a pure play against inflation. People who don't want to deal with the volatility have better options to hedge against inflation. All I'm saying is that, while there may be other reasons why one may think the Bitcoin price will go up right now, emphasizing the deflationary component isn't applicable at the moment -- we're actually fighting AGAINST inflation right now in the Bitcoin market.
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September 05, 2014, 05:05:11 PM
 #27

He keeps just posting "This user is currently ignored" over and over, I don't see how that is either bullish or bearish.
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September 06, 2014, 05:27:49 AM
 #28

Either way fallen has a financial motive to run the fud campaign we've been saying lately.  Buying cheap coins or not I don't think it is right to try and manipulate the market with fud so you own financial interests are benefited.
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September 06, 2014, 10:53:19 AM
 #29

fallen
ah, so he is a Decepticon ... that explains the negative attitude!
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September 06, 2014, 12:09:41 PM
 #30

He really believes that bitcoin will die and won't change his mind even if he would see through a magic ball that in the next year we will be at over 2000$.
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September 06, 2014, 12:12:25 PM
 #31

The only reason to do what he's doing, if he really is a bull, is to push the price down in order to buy some more coins cheaply. I do think though that he got disappointed, maybe even lost some or a lot of money investing in BTC, and now got out of it and tries to convince himself that his decision was the right one.

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falllling
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September 06, 2014, 12:38:41 PM
 #32

The only reason to do what he's doing, if he really is a bull, is to push the price down in order to buy some more coins cheaply. I do think though that he got disappointed, maybe even lost some or a lot of money investing in BTC, and now got out of it and tries to convince himself that his decision was the right one.

you should have listened to me to sell at $6xx and saved $200 per coin, sorry for your lost
antibitcoinconsortium
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September 06, 2014, 12:43:38 PM
 #33

The only reason to do what he's doing, if he really is a bull, is to push the price down in order to buy some more coins cheaply. I do think though that he got disappointed, maybe even lost some or a lot of money investing in BTC, and now got out of it and tries to convince himself that his decision was the right one.

you should have listened to me to sell at $6xx and saved $200 per coin, sorry for your lost

Ignore them, even if the value is 0 and the network completely colapsed they will say it will bounce back to 50000 dollars.
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September 06, 2014, 01:16:57 PM
 #34

Fallling is a bull on steroids, a raged bull.
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September 06, 2014, 08:43:14 PM
 #35

He still posts "This user is currently ignored"!!!  Cheesy
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