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Author Topic: Butcoin was overpriced in the first place  (Read 1823 times)
wesk1212 (OP)
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October 29, 2014, 03:35:09 PM
 #1

Look at the transaction volume..mostly from margin traders. And look at the price dropping like fuck.
I guess its not time yet or maybe it wasnt meant to be. Im cashing out. I cant wait with doubt for few year till it goes to THE MOON

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hayabusa911
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October 29, 2014, 03:50:14 PM
 #2

I'll buy them!
Morecoin Freeman
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October 29, 2014, 04:19:34 PM
 #3

Can't wait because? Financially troubled?

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LFC_Bitcoin
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October 29, 2014, 04:25:32 PM
 #4

Not happy that the price seems to drop constantly for the last 4-5 weeks but it's a long game, we have to wait it out.

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Enfield
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October 29, 2014, 04:30:56 PM
 #5

What's with all these newb threads recently? If you're cashing out just cash out quietly; you don't need to broadcast it to everybody as nobody cares. Obviously bitcoin isnt for you if you thought it was a easy get rich quick scheme.
Cheesus
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October 29, 2014, 04:34:49 PM
 #6

What's with all these newb threads recently? If you're cashing out just cash out quietly; you don't need to broadcast it to everybody as nobody cares. Obviously bitcoin isnt for you if you thought it was a easy get rich quick scheme.

Not being funny but you're a noob.

Well Enfield guy is actually right, nobody cares about some random Newbie who got in for a quick buck. So in what part is he noob exactly?

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Morecoin Freeman
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October 29, 2014, 04:42:36 PM
 #7

I don't get why people expect to flip their investment at 300% profit within a couple weeks lol.
This might take years. Just saying...

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1Referee
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October 29, 2014, 04:52:19 PM
 #8

Newbies mostly buy in while they see the price is going up, and once they finally decide to buy, it's already too late.

They get disappointed because the price is dropping, and start to make excuses, and then sell with a loss.

I really hope the price to go even lower than this. I'm a happy buyer, great moment to buy for every one.
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October 29, 2014, 04:58:49 PM
 #9

I am sorry to hear that your investment into a currency did not go as you planned.

Perhaps next you can try pesos?

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LFC_Bitcoin
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October 29, 2014, 05:37:08 PM
 #10

I don't get why people expect to flip their investment at 300% profit within a couple weeks lol.
This might take years. Just saying...

Love your username Cheesy

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LFC_Bitcoin
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October 29, 2014, 05:43:52 PM
 #11

'Re: Butcoin was overpriced in the first place'


What's 'butcoin'

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dopecoindude
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October 29, 2014, 05:48:11 PM
 #12

I am sorry to hear that your investment into a currency did not go as you planned.

Perhaps next you can try pesos?

Hahaha this a million times! ^^

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MF Doom
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October 29, 2014, 05:49:48 PM
 #13

Look at the transaction volume..mostly from margin traders. And look at the price dropping like fuck.
I guess its not time yet or maybe it wasnt meant to be. Im cashing out. I cant wait with doubt for few year till it goes to THE MOON

if by "in the first place" you mean "when you fist bought in", then yes, it probably was overpriced, and still appears to be overpriced.  There are no indictions of returning to $1000 in the near future, or ever for that matter.  It got there last winter through fraud and manipulation by mt gox.  price looks like its going back toward $100 soon
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October 29, 2014, 05:51:19 PM
 #14

Please do tell us what the price should be then. So we can all sell and buy at that price.  Also please make gasoline cheaper, I would like it to be about $1.45 a gallon. Anything higher is overpriced.

Oh and one other thing, you should take home economics next semester.

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October 29, 2014, 05:54:05 PM
 #15

when a noob cries and cashes out, its obvious that he seen bitcoin as a quick pump and dump..

has no understanding of bitcoin and only cares about the price.

the sooner we get rid of the emotional guys that only care about quick profits the better

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 29, 2014, 06:23:18 PM
 #16

'Re: Butcoin was overpriced in the first place'


What's 'butcoin'

Ha! I was wondering the same thing!

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October 29, 2014, 06:24:09 PM
 #17

What's a butcoin? Cheesy

Bitcoin is the future. You have to endure to reap the rewards.
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October 29, 2014, 06:51:18 PM
 #18

The OP kind of highlights the down side of bitcoin's growing popularity. People get in expecting a quick buck and then contribute to the panic epidemic when things don't go the way they want them to. This is a long term growth vehicle not a get rich quick scheme.

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October 29, 2014, 07:29:17 PM
 #19

Get off the ship bitch, pussy ass speculators do nothing except contribute to volatility.








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S4VV4S
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October 29, 2014, 07:54:46 PM
 #20

'Re: Butcoin was overpriced in the first place'


What's 'butcoin'

That was my question exactly!!!

I heard of buttcoin but not butcoin.....

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