We're going down faster than my ex-girlfriend

[inBitweTrust]

are people still saying this? that's what has been said for the past year.. no one knows whether it's a steal or not. there are no signs showing that bitcoin will even reach $1,000 ever again.

How could my comments have anything to do with this past year as it applies to the market effects of BTC halving which happens in mid 2016 ? The last halving did cause deflationary bubbles. Get back to me if another deflationary bubble doesn't happen before mid 2016.

[1714837975]

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[g27wr]

Correct, which means that one should expect the following:

1) Market expectations cause a bubble before halving - early 2016
2) If the rate of adoption is steady state expect BTC to be worth at least 2x current value
3) Because of market psychology expect the bubble to actually skyrocket BTC 4x to 10x in value before capitulating to sellers cashing out and crashing between 40-60% . I.E. 350 bubbling up to 1400-3500 and crashing shortly after to 560 to 2100
4) This all assumes another grim year for BTC in 2015, there could be deflationary bubble before than fueled by adoption alone. If So than item 3 still applies in 2016 because of basic supply and demand.

If you understand the technology and believe in he viability of Bitcoins growth (even short term based upon momentum alone) you should be buying as much as you can at any price before 2016.

Yes, yes, yes, and yes. Anything under $1,000 is a steal, IMO. I buy little chunks on a regular basis to keep growing the pot.

are people still saying this? that's what has been said for the past year.. no one knows whether it's a steal or not. there are no signs showing that bitcoin will even reach $1,000 ever again.

In the eyes of people who know what Bitcoin is, we're in the early stages. In the eyes of the world, we're in the extremely early stages. I don't have to tell most of you on this board that the potential is  huge, it's just a matter of waiting to see how things play out. There is no doubt in my mind, however, that we'll see much more than $1k / coin.

[NotLambchop]

...
In the eyes of people who know what Bitcoin is, we're in the early stages. In the eyes of the world, we're in the extremely early stages lolcows...

FTFY
I realize that you've bought in high and now are hoping against hope that the price will crawl back up.  But the "we's early adopters" mantra has absolutely no magic in it, just stop.

Early adopters mined coin with their CPUs, bought 10,000 BTC pizzas & laughed about it.  You're on the speculation subforum, pimping the price as the busboy stacks chairs on tables & mops around you.  Last call was hours ago, time to go home.

[jaredboice]

NotLambchop: "This user is currently ignored."

 

If an Ignored Troll talks in the forest, does he make a sound?

[galbros]

Great thread title!  Pics would be fun though!

I wish there was some news to explain this latest drop.  After every USMS auction I think we are ready to move up and then, whamm-o down scores of USD.

[Elwar]

I can vouge for OP's ex-gf going down speed matching that of the bitcoin price.

[colinistheman]

I will hold my coins even though it goes down to 100$

same

[colinistheman]

I can vouge for OP's ex-gf going down speed matching that of the bitcoin price.

haha

btw, you mean "vouch"?

[sniveling]

Great thread title!  Pics would be fun though!

I wish there was some news to explain this latest drop.  After every USMS auction I think we are ready to move up and then, whamm-o down scores of USD.

Is there any indication when the next is? The price seemed to be finally recovering before the last one, then wham.

[g27wr]

I can vouge for OP's ex-gf going down speed matching that of the bitcoin price.

She gets around, man. At this stage in the game, you should swing by your DR and get a prescription for some strong antibiotics. Play it safe.

[Gleb Gamow]

I'm not panicking, for I am a long-term hodler. I just wanted to start a thread with that saying.

Proceed.

Must be nice to now have a girlfriend that goes down slowly, let alone one that goes down at all. Like Bitcoin, give her a kiss when she comes back up, then report back to us who get off on such things as to how she tasted.

[coinmaster222]

you do know there are some teenagers use this forum,is this something you would like your 14yr old daughter to read,and your a full member and should know better

[Billyboy402]

I was looking forward to seeing photo of ur ex -

[coinmaster222]

reported to moderator for foul unacceptable language,you are the type of person that thinks smutt is funny and cool and makes look big

[coinmaster222]

in nearly a year your the first person i have put on ignore

[g27wr]

I'm not sure what just happened. 

[botany]

Well , thanks for making me Panicking   Just checked preevs and It's like ~315$ , It will keep going down or what ? Im really not that experienced on Bitcoin economics

People are buying gifts for holidays, this is bitcoin early days... don't fret. The halving is drawing near...mid 2016.

NEVER sell for a loss.

Never sell for a loss could translate into never sell for a lot of people.

[inBitweTrust]

Never sell for a loss could translate into never sell for a lot of people.

Those people should be buying multiple times on the dips like the rest of us and than spending on the upswings or at minimum buying back when spending BTC to get 2-14% discounts.