wobber (OP)
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January 04, 2015, 07:27:05 PM |
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Not sorry for being so blunt...
You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.
You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.
Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.
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waaat?
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January 04, 2015, 07:28:48 PM |
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the halvings are a fail - nothing else
the tech is brilliant. The economic aspect is an error
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Parazyd
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January 04, 2015, 07:30:34 PM |
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Agreed on so many parts.
But I don't think we're failing. We've been here already.
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twiifm
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January 04, 2015, 07:30:46 PM |
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Not sorry for being so blunt...
You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.
You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.
Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.
It's the free market, brah
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rebuilder
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January 04, 2015, 07:32:17 PM |
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So what you're suggesting is we should all have conspired to just hodl until the price is high enough. Then, presumably, we'd all sell, except that would crash the price. So just hodl forever. Never even buy anything with your BTC - the seller might convert the BTC to dirty fiat and crash the price!
It just doesn't work that way. You can't complain that the price is too low now if you're not willing to accept it went way too high before. It's just price discovery.
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Selling out to advertisers shows you respect neither yourself nor the rest of us. --------------------------------------------------------------- Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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DieJohnny
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January 04, 2015, 07:34:09 PM |
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Not sorry for being so blunt...
You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.
You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.
Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.
not sure where failure is? the price? the adoption? the security of the network? bitcoin will not be officially dead until another crypto has more adoption and is accepted in more places than bitcoin, I see nothing on the horizon that is even close. Right now i fear only one thing, governments that is all
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Those who hold and those who are without property have ever formed distinct interests in society
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wobber (OP)
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January 04, 2015, 07:34:46 PM |
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Not sorry for being so blunt...
You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.
You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.
Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.
It's the free market, brah Are you calling yourself free when I could drive the price down lower to 240 just because am an early bird? And wait for those fat wallets to dump, that would be mayhem. Are you calling yourself free and a GOVERNMENT has one of the biggest wallets ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ARE YOU CALLING YOURSELF FREE WHEN YOU DIDN'T FOUGHT FOR ANYTHING IN THIS MARKET? There's no such thing.
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markj113
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January 04, 2015, 07:35:04 PM |
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short translation - the BTC im hoarding in a cold wallet isnt going to make me rich as I expected.
BTC was meant to be a currency and thus spent, traded, gambled and used not just stashed away until the price went to the moon making all early adopters overnight millionaires.
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wobber (OP)
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January 04, 2015, 07:35:37 PM |
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Not sorry for being so blunt...
You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.
You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.
Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.
not sure where failure is? the price? the adoption? the security of the network? bitcoin will not be officially dead until another crypto has more adoption and is accepted in more places than bitcoin, I see nothing on the horizon that is even close. Right now i fear only one thing, governments that is all We just failed the price. Which is very important. The rest are somewhat a success.
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mufa23
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I'd fight Gandhi.
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January 04, 2015, 07:36:07 PM |
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This crash is actually doing good for me. Recently got a new job and will have some extra cash. If I can grab some cheap coins at rock bottom, that'll be awesome!
Once it hits rock bottom, it only has one direction to eventually head: UP!
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Positive rep with: pekv2, AzN1337c0d3r, Vince Torres, underworld07, Chimsley, omegaaf, Bogart, Gleason, SuperTramp, John K. and guitarplinker
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Parazyd
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 04, 2015, 07:38:16 PM |
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BTC was meant to be a currency and thus spent, traded, gambled and used not just stashed away until the price went to the moon making all early adopters overnight millionaires.
And that I would do if the merchants wouldn't exchange it to fiat immediately.
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wobber (OP)
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January 04, 2015, 07:38:54 PM |
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short translation - the BTC im hoarding in a cold wallet isnt going to make me rich as I expected.
BTC was meant to be a currency and thus spent, traded, gambled and used not just stashed away until the price went to the moon making all early adopters overnight millionaires.
Show me a currency that suffered such massive image loss and I'll call bitcoin a currency. Until I'm calling bitcoin 'bitcoin'. Not a currency, not a stock, not a commodity.
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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twiifm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 04, 2015, 07:39:28 PM |
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Not sorry for being so blunt...
You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.
You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.
Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.
It's the free market, brah Are you calling yourself free when I could drive the price down lower to 240 just because am an early bird? And wait for those fat wallets to dump, that would be mayhem. Are you calling yourself free and a GOVERNMENT has one of the biggest wallets ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ARE YOU CALLING YOURSELF FREE WHEN YOU DIDN'T FOUGHT FOR ANYTHING IN THIS MARKET? There's no such thing. Chill brah, it's free as in people are free to do what they wish with their money. And you are too. HODL your coinz to zero for all I care. Take some responsibility for your own trading instead of expecting greater fools to pump the price just cause you're a bulltard. If you want to make money from here dump and go short. You've been warned by many smarter than yourself
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DieJohnny
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January 04, 2015, 07:42:20 PM |
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Not sorry for being so blunt...
You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.
You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.
Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.
not sure where failure is? the price? the adoption? the security of the network? bitcoin will not be officially dead until another crypto has more adoption and is accepted in more places than bitcoin, I see nothing on the horizon that is even close. Right now i fear only one thing, governments that is all Price is only a failure now in your mind because you bought into the over hyped extremely inflated Gox market. Being at even $200 a bitcoin is remarkable in looking at its history, nothing grows with a log scale except disease and revolution. Bitcoin is not yet a revolution and cannot itself become a revolution. But Bitcoin will be the opportunistic enabler to revolution if circumstances align, until then Bitcoin is a highly speculative financial tool where $200 is 100 fold more than what is was worth a few short years ago. An incredible success. We just failed the price. Which is very important. The rest are somewhat a success.
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Those who hold and those who are without property have ever formed distinct interests in society
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DieJohnny
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January 04, 2015, 07:43:39 PM |
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short translation - the BTC im hoarding in a cold wallet isnt going to make me rich as I expected.
BTC was meant to be a currency and thus spent, traded, gambled and used not just stashed away until the price went to the moon making all early adopters overnight millionaires.
Show me a currency that suffered such massive image loss and I'll call bitcoin a currency. Until I'm calling bitcoin 'bitcoin'. Not a currency, not a stock, not a commodity. Read some history, every fiat currency has suffered a far greater image loss, the dollar will be no exception in the long run.
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Those who hold and those who are without property have ever formed distinct interests in society
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wobber (OP)
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January 04, 2015, 07:45:05 PM |
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Chill brah, it's free as in people are free to do what they wish with their money. And you are too. HODL your coinz to zero for all I care. Take some responsibility for your own trading instead of expecting greater fools to pump the price just cause you're a bulltard.
If you want to make money from here dump and go short. You've been warned by many smarter than yourself
No bulltard here. People are free? Don't they fall for most of the FUD? Not free.
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wobber (OP)
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January 04, 2015, 07:46:09 PM |
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I converted and spent my BTC on -> ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FK4qPNFb.jpg&t=665&c=yN0Iv_h320YmUA) I know where I would rather have my stash at the moment, no sleepless nights for me ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Awesome! But bitcoin is still superior to gold. Anyway, at the moment, gold is the best option! Maybe you will convert back to btc sometime.
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LOBSTER
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January 04, 2015, 07:46:56 PM |
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We will be back at anytime.
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Arv1e
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January 04, 2015, 07:48:19 PM |
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short translation - the BTC im hoarding in a cold wallet isnt going to make me rich as I expected.
BTC was meant to be a currency and thus spent, traded, gambled and used not just stashed away until the price went to the moon making all early adopters overnight millionaires.
Show me a currency that suffered such massive image loss and I'll call bitcoin a currency. Until I'm calling bitcoin 'bitcoin'. Not a currency, not a stock, not a commodity. Thats easy to answer.. Try the Russioan Rouble which recently dropped 40%!!!! I agree that Bitcoin is not a currency and will not be recognised until the Market Cap is way Higher and the masses recognse it. I would suggest that at least 5 to 10 years away. I disagree with you that its not a commodity though because thats how it is being traded. If we go back to basics then it is similar to gold which started off as a precious metal, evolved to a commodity,then evolved to almost a currency and then reverted back to a commodity.
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NeuroticFish
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January 04, 2015, 07:49:36 PM |
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Bitcoin is a business for many. Many companies invested in hardware to mine, dump and just "produce".. FIAT. Many others just daytrade to get... FIAT.
....sadly, because, as many said, the tech is brilliant.
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