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lebing
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October 04, 2014, 04:39:47 PM
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Nope. Yawn. Hodling cause I have been through this before 4x.

Bro, do you even blockchain?
-E Voorhees
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October 04, 2014, 04:40:28 PM
 #2

Nope. Yawn. Hodling cause I have been through this before 4x.


What if this time is different and bitcoin is dying for sure?

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
Xiaoxiao
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October 04, 2014, 04:41:32 PM
 #3

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect.  i forgot what they call it in economics.  how the final bubble is different tho it looks like previous patterns.
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October 04, 2014, 04:42:27 PM
 #4

Good call! Once Manbearpigwhale gets the weak hands to sell, we will be going to the moon on our rock ship!

I have never seen such a low sentiment, this means a reversal is coming. And the further we fall, the quicker the slingshot back up will be (this was articulated by Risto)

As long as you keep holding, you can't lose. you only lose when you sell for worthless paper money.
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October 04, 2014, 04:42:42 PM
 #5

Nope. Yawn. Hodling cause I have been through this before 4x.


What if this time is different and bitcoin is dying for sure?

then he will be the last bag holder and GAME OVER, all his money gone to some one dumped before he does Smiley

Good call! Once Manbearpigwhale gets the weak hands to sell, we will be going to the moon on our rock ship!

I have never seen such a low sentiment, this means a reversal is coming. And the further we fall, the quicker the slingshot back up will be (this was articulated by Risto)

As long as you keep holding, you can't lose. you only lose when you sell for worthless paper money.

You only lose when you sell for less than you paid.

Nobody has ever lost money by holding.



It is incredible how many people on this forum have convinced themselves that this is the case.

Fundamentally, the value of the assets we hold is the amount of utility they can provide, in terms of consumption goods.
Consumer price inflation measures the buying power of fiat.
The current BTC/USD price, adjusted for consumer price inflation (which is tiny compared to BTC/USD volatility), tells you the buying power of BTC.
That buying power has crashed.
You definitely have made a loss, even if you haven't actually sold.

anu
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October 04, 2014, 04:51:31 PM
 #6

Nope. Yawn. Hodling cause I have been through this before 4x.


What if this time is different and bitcoin is dying for sure?

Not only is Bitcoin dead. It will die at least 3 more times before 2020.


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kwukduck
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October 04, 2014, 04:54:39 PM
 #7

Yep... I'm out of fiat too, all in BTC now.
Funny how this dead technology works so well still Smiley

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
riiiiising
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October 04, 2014, 04:57:13 PM
 #8

Right. The fundamentals have not changed, that's what falllling and his alt accounts don't understand. Has the protocol been broken? Noo, sir.

This is amazing opportunity to get cheap coins. All you do now is hold and be rich man in a few short years Cheesy
cypherdoc
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October 04, 2014, 05:04:15 PM
 #9

Nope. Yawn. Hodling cause I have been through this before 4x.

Haha,  got me!
BTCtrader71
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October 04, 2014, 05:09:07 PM
 #10

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect.  i forgot what they call it in economics. 

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

BTC: 14oTcy1DNEXbcYjzPBpRWV11ZafWxNP8EU
patt0
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October 04, 2014, 05:14:46 PM
 #11

Right. The fundamentals have not changed, that's what falllling and his alt accounts don't understand. Has the protocol been broken? Noo, sir.

This is amazing opportunity to get cheap coins. All you do now is hold and be rich man in a few short years Cheesy

Can't wait! xD

But as others said, adoption has increased and good news have come, so why are we still falling? I want my yacht today! xD
Is it someone forcing the price down to buy cheap, or is no one buying?

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williamevanl
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October 04, 2014, 05:29:18 PM
 #12

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect.  i forgot what they call it in economics.  

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Price is down from what it was but it's still way higher than it should be.
lebing
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Enabling the maximal migration


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October 04, 2014, 05:30:51 PM
 #13

Nope. Yawn. Hodling cause I have been through this before 4x.

Haha,  got me!

 Wink

Bro, do you even blockchain?
-E Voorhees
NotLambchop
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October 04, 2014, 05:32:40 PM
 #14

Yep... I'm out of fiat too, all in BTC now.
Funny how this dead technology works so well still Smiley

Depends on what you mean by "works."  Certainly not as a store of value Undecided
blitzbad
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October 04, 2014, 05:33:26 PM
 #15

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect.  i forgot what they call it in economics.  

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Price is down from what it was but it's still way higher than it should be.

true, that's why bitcoin is going to drop lower and lower then the final capitulation!

bitcoin will drop back to where it came from at $0.01 or $0.0001 then stay around there for a while and get out off sight slowly and eventully die


Yep... I'm out of fiat too, all in BTC now.
Funny how this dead technology works so well still Smiley

Depends on what you mean by "works."  Certainly not as a store of value Undecided

works = get poor quick
lebing
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Enabling the maximal migration


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October 04, 2014, 05:33:41 PM
 #16

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect.  i forgot what they call it in economics. 

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Exactly.  So sad to see the greed and fear mechanics play out so predictably. So many will lose and a few seasoned whales will make out like bandits.

Bro, do you even blockchain?
-E Voorhees
ssmc2
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October 04, 2014, 05:34:38 PM
 #17

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect.  i forgot what they call it in economics.  

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Price is down from what it was but it's still way higher than it should be.

The market will decide what it "should be". And it will be significantly higher than you think. Hodl.

and buy  Grin
williamevanl
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October 04, 2014, 05:37:16 PM
 #18

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect.  i forgot what they call it in economics.  

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Price is down from what it was but it's still way higher than it should be.

The market will decide what it "should be". And it will be significantly higher than you think. Hodl.

and buy  Grin

You are absolutely right which is why the price will continue doing what it is. (dropping to where it should be) I don't know what that is but wouldn't be shocked if it were closer to a 50 million market cap and not 5 billion!
NotLambchop
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October 04, 2014, 05:39:25 PM
 #19

...
Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

>Fundamentals for an unbacked currency outside of a closed economy.

Bro, you even money?
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October 04, 2014, 05:55:47 PM
 #20

I was doing groceries at a local supermarket, saturday afternoon = rush hour, long lines at the cashiers. got bored and checked the charts. sub 330 prices flashing, and it hit me like a hammer that i had a $XX k buy order sitting at the upper 320ies. (i went out @ about 400 and had set the buy back order so deep that i was sure, we would never hit it.)

So there i was standing at this fkn supermarket queue, shitting in my pants, scrambling out my pad, freaking out trying to find the bitstamp password, holding my mobile for 2factor, completely unable to handle, collect, pay for the groceries, giving all the others a nice show, getting everyone upset, shouting

" I FUCKIN NEED TO CANCEL MY ORDERS !!11!!


well... found out i was late...

 Smiley

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