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Author Topic: im out.  (Read 2849 times)
robinwilliams
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October 04, 2014, 06:04:04 PM
 #21

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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.

What are you looking for for a buy indicator?  I still feel like there's optimism left so there's no bottom.  For some reason I'm thinking $100 - $200 would *possibly* get rid of most of all the libertarian / preparing for the end of the world goldbugs.  I feel like the buy indicator is when this group is no longer interested - mainly because they are the ones who've inflated the price to the point it is
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mmortal03
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October 04, 2014, 06:08:40 PM
 #22

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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.

What are you looking for for a buy indicator?  I still feel like there's optimism left so there's no bottom.  For some reason I'm thinking $100 - $200 would *possibly* get rid of most of all the libertarian / preparing for the end of the world goldbugs.  I feel like the buy indicator is when this group is no longer interested - mainly because they are the ones who've inflated the price to the point it is

I don't think they are the market movers in either direction, but they are probably buying right now.
piramida
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October 04, 2014, 06:10:51 PM
 #23

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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.

What are you looking for for a buy indicator?  I still feel like there's optimism left so there's no bottom.  For some reason I'm thinking $100 - $200 would *possibly* get rid of most of all the libertarian / preparing for the end of the world goldbugs.  I feel like the buy indicator is when this group is no longer interested - mainly because they are the ones who've inflated the price to the point it is

You really are missing the point are you Smiley Though I can't say for all "optimists", but the lower the price goes - the more will be bought, not sold.

i am satoshi
BlindMayorBitcorn
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October 04, 2014, 06:16:23 PM
 #24

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

Worked for me

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
kashish948
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October 04, 2014, 06:16:38 PM
 #25

for the first time even im having a doubt on btc Sad
Sevvero
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October 04, 2014, 06:28:23 PM
 #26

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.
Exactly, it's over now. Only fools hold. Dumb losers

$330 Smiley
BittBurger
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October 04, 2014, 06:40:13 PM
 #27


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

Common misconception / mis-statement.

"A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. "

Bitcoin is an excellent store of value.

-B-

Bitcoin's true purpose defined in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
NotLambchop
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October 04, 2014, 06:44:56 PM
 #28


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

Common misconception / mis-statement.

"A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. "

Bitcoin is an excellent store of value.

-B-

Only if your intent is to lose value.  Today your coin buys two-thirds less than it did at the start of the year Smiley
inca
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October 04, 2014, 06:56:27 PM
 #29


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

Common misconception / mis-statement.

"A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. "

Bitcoin is an excellent store of value.

-B-

Only if your intent is to lose value.  Today your coin buys two-thirds less than it did at the start of the year Smiley

Or three times the value of last year.
NotLambchop
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October 04, 2014, 07:10:52 PM
 #30


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

Common misconception / mis-statement.

"A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. "

Bitcoin is an excellent store of value.

-B-

Only if your intent is to lose value.  Today your coin buys two-thirds less than it did at the start of the year Smiley

Or three times the value of last year.


^
Rat_Poison
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October 04, 2014, 07:59:24 PM
 #31


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

Common misconception / mis-statement.

"A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. "

Bitcoin is an excellent store of value.

-B-

Only if your intent is to lose value.  Today your coin buys two-thirds less than it did at the start of the year Smiley

Or three times the value of last year.


 Cheesy Cheesy the bulltards here believe that people are going to buy bitcoin just because it's more valuable right now than some arbitrary time in the past. I'm pretty sure people aren't that stupid and looking at 2014's market is all they need to avoid bitcoin. Bitcoin is a mirage, avoid it like ebola!
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October 05, 2014, 01:51:28 AM
 #32

I have been out so long that somehow I am back in....... Shocked

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
TheJuice
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October 05, 2014, 02:00:36 AM
 #33

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.
Exactly, it's over now. Only fools hold. Dumb losers

$330 Smiley

$335 and rapidly rising.

extrabyte
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October 05, 2014, 02:17:02 AM
 #34

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.

+1
More merchants are accepting Bitcoin everyday. Millions of dollars of venture capital continues to pour into startups Bitcoin.

SilentJohn
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October 05, 2014, 02:52:28 AM
 #35

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.

+1
More merchants are accepting Bitcoin everyday. Millions of dollars of venture capital continues to pour into startups Bitcoin.

+1 for all the astute investors on this thread:

Infrastructure: Up
Adoption: Up
Capital Investments: Up
Innovation: Up
Regulation: Moving an exploratory sideways poised to move Up

Price: Down

I've always held to the fact that you make money when you buy, not when you sell Wink
vabtc
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October 05, 2014, 02:56:41 AM
 #36

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bitcoin will drop back to where it came from at $0.01 or $0.0001

OK. This is how you spend your Saturday night/Sunday mornings??
kingscrown
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http://fuk.io - check it out!


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October 05, 2014, 02:59:18 AM
 #37

im not selling ill get rich or go down with the ship

BlindMayorBitcorn
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October 05, 2014, 11:21:49 AM
 #38

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.
Exactly, it's over now. Only fools hold. Dumb losers

$330 Smiley

$335 and rapidly rising.

Sorry, but just no

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
NotLambchop
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October 05, 2014, 11:38:39 AM
 #39

im not selling ill get rich or go down with the ship

Very hero.
Many romantic.
Wow.

BlindMayorBitcorn
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October 05, 2014, 11:41:46 AM
 #40

I'm a degenerate gambler and even I know when enough is enough

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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