Please sell your coins if you are nervous

[exocytosis]

The only thing here which is toxic is you, urchin!

I understand your anger. You're living in denial. For all I know, you might have fiat and/or BTC funds stored in Bitstamp, and it's painful for you to realize that you'll never get them back.

Have fun with this whole Gox 2.0 situation. More cheap coins for you true believers, right?

[samuel999]

Yes sell away.  Better to do that then remain stressed out over possible outcomes.

[NeuroticFish]

Just get it over with. The sooner all the weak hands are out...the better.

Along with all of the simpleton minds who come out of the wood works when the price drops claiming "all hell is breaking loose" and "bitcoin going to $1".

lol

Let it flow...the wealth from the weak hands to the strong hands. 

Donation is also an option
Stressed people may have to pay more for medicines while BTC price will keep its ups and downs. May not worth it.
And the "strong hands" should make the addresses more public.. you know, for the donations

[Furio]

Just get it over with. The sooner all the weak hands are out...the better.

Along with all of the simpleton minds who come out of the wood works when the price drops claiming "all hell is breaking loose" and "bitcoin going to $1".

lol

Let it flow...the wealth from the weak hands to the strong hands. 

Hey man, very cool website in your sign. Are they known or fairly new? Any pictures of their coins? I'm creating a thread dedicated to physical coins, will add this website

[testerx]

Well, with bitcoin the more it drops the more people will try to get out in fear so it can depress the price worse temporarily and having people continue to believe in it can make it actually work long term so it's not really surprising that people will cheerlead-it's what makes Bitcoin work and has made it so successful for something that didn't even exist 5 years ago.

That said, I wouldn't buy into bitcoin hoping that it'll go to x price, I'd set a goal for how many bitcoin you would like to own because you believe in it that amount and then work to acquire that number of coins and hold onto them for the long haul.  Bitcoin will work out and it will change the world but there will be a lot of challenges along the way and right now a lot of them are legal and tax reasons that make it difficult for the price to keep skyrocketing.  That *will* change over time as more and more businesses get into Bitcoin but it also means that it's moronic to buy Bitcoin hoping for a 20,000% return this year.
So I'm holding even though my average price (via mining and purchases-which unfortunately in the US is equivalent legally to just buying it at the price the day you mined it) is about 50% higher than the current price and that's only because I averaged down when it hit $300 and I plan to keep holding most of it because that's the goal number of Bitcoins I wanted to acquire and I've acquired it.  So I'm not sweating the capital losses even though it's probably something like 30% of what my pretax income was last year.  I'll make more money elsewhere and wait because I still believe in it.  If it doesn't work out in the end I'm not going to be homeless because I have other opportunities and work to do so unless you have millions in VC backing or something I wouldn't quit your day job to bet everything you have on bitcoin.

If you want to dump your bitcoins in an insane panic you can go right ahead but it makes no sense to panic sell because there is nothing to justify insane panic selling. Flipping out every time the price goes up or down is going to drive you crazy.

Honestly I'd figure out what your goals are with wanting to own how many bitcoin and frankly I would just buy them on the market because figuring out your taxes on mined bitcoins is a nightmare, at least if you live in the US.

[shirkan]

Well, with bitcoin the more it drops the more people will try to get out in fear so it can depress the price worse temporarily and having people continue to believe in it can make it actually work long term so it's not really surprising that people will cheerlead-it's what makes Bitcoin work and has made it so successful for something that didn't even exist 5 years ago.

That said, I wouldn't buy into bitcoin hoping that it'll go to x price, I'd set a goal for how many bitcoin you would like to own because you believe in it that amount and then work to acquire that number of coins and hold onto them for the long haul.  Bitcoin will work out and it will change the world but there will be a lot of challenges along the way and right now a lot of them are legal and tax reasons that make it difficult for the price to keep skyrocketing.  That *will* change over time as more and more businesses get into Bitcoin but it also means that it's moronic to buy Bitcoin hoping for a 20,000% return this year.
So I'm holding even though my average price (via mining and purchases-which unfortunately in the US is equivalent legally to just buying it at the price the day you mined it) is about 50% higher than the current price and that's only because I averaged down when it hit $300 and I plan to keep holding most of it because that's the goal number of Bitcoins I wanted to acquire and I've acquired it.  So I'm not sweating the capital losses even though it's probably something like 30% of what my pretax income was last year.  I'll make more money elsewhere and wait because I still believe in it.  If it doesn't work out in the end I'm not going to be homeless because I have other opportunities and work to do so unless you have millions in VC backing or something I wouldn't quit your day job to bet everything you have on bitcoin.

If you want to dump your bitcoins in an insane panic you can go right ahead but it makes no sense to panic sell because there is nothing to justify insane panic selling. Flipping out every time the price goes up or down is going to drive you crazy.

Honestly I'd figure out what your goals are with wanting to own how many bitcoin and frankly I would just buy them on the market because figuring out your taxes on mined bitcoins is a nightmare, at least if you live in the US.

WORD!!

[inca]

The only thing here which is toxic is you, urchin!

I understand your anger. You're living in denial. For all I know, you might have fiat and/or BTC funds stored in Bitstamp, and it's painful for you to realize that you'll never get them back.

Have fun with this whole Gox 2.0 situation. More cheap coins for you true believers, right?

No all my btc are in cold storage where they will remain for at least the next halving. The price can go to zero and though I will be disappointed the project failed my real life will be entirely unchanged.

The reason you are a loser is that you have been burnt by bitcoin once and now embittered by the loss you post negative tripe to attempt to sway forum readers into selling. And why? So you can have a second chance to buy in - expecting large subsequent price rises, after you do, of course. If you had balls you would have shorted this decline instead of clogging the forum with bile.

I would wager most bitcoin enthusiasts are like me. If they are they will seize this manipulated decline by adding to their holdings.

Keep hoping for double digit coins!