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Author Topic: No more purchasing BTC  (Read 3716 times)
HCLivess (OP)
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December 22, 2014, 02:16:06 AM
 #1

I'm writing this post to tell myself not to buy any more BTC. It is a great technology, superior to fiat in all ways. I totally love it, but I can no longer afford to lose purchasing power on it.
How dare this revolution be sold so expensive  Sad

BittBurger
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December 22, 2014, 02:23:55 AM
 #2

Don't let the door hit you on the ass on the way out.

-B-

Owner: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
pedrog
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December 22, 2014, 02:44:29 AM
 #3

Welcome to the revolution.

BlindMayorBitcorn
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December 22, 2014, 02:49:16 AM
 #4

Don't let the door hit you on the ass on the way out.

-B-

You just finished telling the world you remember $60 coins. I think rubbing it in the mans face like this is just poor taste at best

Smarmy winners are the worst

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.
Sythyn
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December 22, 2014, 03:20:25 AM
 #5

This is a shame but purchasing power is not the the thing you should worry about.
MarketNeutral
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December 22, 2014, 03:23:41 AM
 #6

Good luck.  Smiley
Sindelar1938
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December 22, 2014, 04:03:23 AM
 #7

I am not sure that is a goo decision long-term. the price decline is temporary in my opinion. but good luck to you.

jonald_fyookball
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December 22, 2014, 04:40:26 AM
 #8

You only need a certain amount
of coins to be set for when Bitcoin
goes to the moon.

No point to get greedy or go "all in"
unless you feel you don't have that amount.

cyberpinoy
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December 22, 2014, 04:42:39 AM
 #9

Well you do not have to "purchase" them. Keep the ones you have, mine the ones you want, and go forward, hold them until you make the value on your investment that satisfies you.Selling them could possibly be counterproductive right now. Everyone seems to think the market will be turning around on this magical December 22 date so we will see soon how good their assumptions are. I do not think anything will turn this market around till after January, if we do not see a drastic move then it should be right after April, if we dont see a drastic move after those 2 dates it will never move back up over 1000 dollars unless the developers pull a miracle out of their ass. I think if it were going up in December it already would have done so. the business economics in me just doesn't prove any reason it would rise after December 22 in a way they are all predicting it to.

MicroGuy
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December 22, 2014, 05:15:59 AM
 #10

Don't let the door hit you on the ass on the way out.

-B-

What is going on with the censorship around this forum. I give this post about 60 minutes of life.  Tongue
548845
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December 22, 2014, 08:30:06 AM
 #11

I'm writing this post to tell myself not to buy any more BTC. It is a great technology, superior to fiat in all ways. I totally love it, but I can no longer afford to lose purchasing power on it.
How dare this revolution be sold so expensive  Sad

I will agree that for my economic situation is expensive as well.
But in general, it is very cheap right now.

So I doubt we will get it any cheaper than this (maybe $20 or so but I doubt it will drop significantly for us to say we "bought" coins).

 
slacknation
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December 22, 2014, 08:59:33 AM
 #12

27 may 2013 it was 129$
6 july 2013 it was 66$

think about it.
Elwar
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December 22, 2014, 09:22:32 AM
 #13

We will see a lot of this when people start dumping the dollar for bitcoins.

Go with the currency that will hold value over the long term.

Enjoy your dollars, I hope they go to the moon!

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
newIndia
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December 22, 2014, 09:30:46 AM
 #14

I'm writing this post to tell myself not to buy any more BTC. It is a great technology, superior to fiat in all ways. I totally love it, but I can no longer afford to lose purchasing power on it.
How dare this revolution be sold so expensive  Sad

Welcome to the revolution.

Every revolution has a history of bloodshed. That is the cost of revolution.

RiverBoatBTC
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December 22, 2014, 09:31:27 AM
 #15

The price will go back up. Don't worry just keep buying.

HCLivess (OP)
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December 22, 2014, 12:32:23 PM
 #16

OK, I will buy more and then some more. I kept thinking about this through night and if it is not the money I am going to spend in the nearest year, I might as well put them into BitCoin / NXT / my black horses. Fiat is a ripoff, gold is a machination scheme, btc is a machination scheme not yet that big.

So the clear winner is BitCoin  Grin

I just wish I could prevent the greed in me from spending $1.5k monthly on this stuff

The thing is that I dont really sleep and I should sleep. If buying BTC prevents me from sleeping, I should prevent myself from buying BTC.

LiteCoinGuy
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December 22, 2014, 12:47:12 PM
 #17

We will see a lot of this when people start dumping the dollar for bitcoins.

Go with the currency that will hold value over the long term.

Enjoy your dollars, I hope they go to the moon!


dollar to da mooooon!


MUFC
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December 22, 2014, 12:48:48 PM
 #18

I'm writing this post to tell myself not to buy any more BTC. It is a great technology, superior to fiat in all ways. I totally love it, but I can no longer afford to lose purchasing power on it.
How dare this revolution be sold so expensive  Sad

It's not really that expensive and is the cheapest it's been in a while right now so now is a good time to buy, but only invest what you can afford to lose. Bitcoin is still a good investment despite the current low price.

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December 22, 2014, 12:53:30 PM
 #19

It depends of how much did you lose ? If you think long-term  I suppose we will see 1200 dollars / 1 btc , we have only to wait the next block reward halving. However I suggest you to hold yours btc and don't sell them, bitcoin wil be victorious  Cheesy.
Sumerian
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December 22, 2014, 12:55:08 PM
 #20

If you leave now you'll lose anyways. Patience will pay off

Want Free Bitcoins? Check out BitcoInvest
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