NotHatinJustTrollin (OP)
Full Member
 Offline
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
|
 |
January 10, 2015, 10:45:03 PM
Last edit: January 30, 2015, 03:47:01 PM by NotHatinJustTrollin |
|
Some folks are feeling that everybody is becoming bearish, so they think that is the best time to buy right? "Be fearful when others are greedy, and be greedy when others are fearful"? They know price crashed in the past (for example in 2011 during the bear market from $32 to $2) but recovered. Dear friends of the interwebs. You know that speculative bubbles based on blind hype don't go up forever right? You know that the more they go up the more difficult it becomes to keep the Pump&Dump pyramid scheme exponential trend going right? Eventually THE bubble actually bursts and it doesn't matter anymore if price recovered from crashes and bear markets in the past. I'm sure during the tulip bubble crash, some dudes thought it was a good idea to "be greedy" when others were "fearful" and to buy somewhere during the big crash because "they had already been there" (during the mini bubble that you can see a little bit before the big pump for example). They thought they were smart.   They went broke. |
|
|
|
|
|
|
|
|
|
|
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
bigtimespaghetti
Legendary
Offline
Activity: 1652
Merit: 1057
bigtimespaghetti.com
|
|
January 10, 2015, 10:50:51 PM |
|
They're dead now, but sure a lot of people got wiped out. Bitcoin is not tulip bulbs though. why not whack out a south sea chart to mix it up a bit?
|
|
|
|
NotHatinJustTrollin (OP)
Full Member
Offline
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
|
|
January 10, 2015, 10:53:49 PM |
|
They're dead now, but sure a lot of people got wiped out. Bitcoin is not tulip bulbs though. why not whack out a south sea chart to mix it up a bit?
Dotcom bubble, the South Sea bubble, the housing bubble... Whatever floats your boat. |
|
|
|
|
orpington
|
|
January 10, 2015, 10:55:53 PM |
|
I'm still holding onto my tulip bulbs. It'll turn around soon!  |
|
|
|
|
bigtimespaghetti
Legendary
Offline
Activity: 1652
Merit: 1057
bigtimespaghetti.com
|
|
January 10, 2015, 11:06:29 PM |
|
They're dead now, but sure a lot of people got wiped out. Bitcoin is not tulip bulbs though. why not whack out a south sea chart to mix it up a bit?
Dotcom bubble, the South Sea bubble, the housing bubble... Whatever floats your boat. Thing is, I don't believe there was ever any dispute that there were bubbles or that we are In a bear market. The next few months will really be an indicator of how much interest is left. we aren't going to zero. |
|
|
|
|
AceWallen
|
|
January 10, 2015, 11:08:31 PM |
|
They're dead now, but sure a lot of people got wiped out. Bitcoin is not tulip bulbs though. why not whack out a south sea chart to mix it up a bit?
Dotcom bubble, the South Sea bubble, the housing bubble... Whatever floats your boat. Thing is, I don't believe there was ever any dispute that there were bubbles or that we are In a bear market. The next few months will really be an indicator of how much interest is left. we aren't going to zero. i think there was actually quite a lot of dispute over this. permabulls said "there is no bubble." and the long term bear market was denied on this forum for many, many months. the question is, of course, how much further it could go.... |
|
|
|
|
Biodom
Legendary
Offline
Activity: 3752
Merit: 3853
|
|
January 10, 2015, 11:24:00 PM |
|
|
|
|
|
|
|
chaoman
|
|
January 10, 2015, 11:33:19 PM |
|
the difference is that bitcoin is based on technology and future convenience of usage. It has a real world power and the potential to threaten the status quo.
|
|
|
|
|
matt4054
Legendary
Offline
Activity: 1946
Merit: 1035
|
|
January 10, 2015, 11:40:06 PM |
|
Thanks for enlightening us about tulip mania, as it had never been mentioned before... |
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
|
|
January 10, 2015, 11:42:29 PM |
|
Holy shit.
Why didn't anyone here tell me about the tulip thing before?
That's the last couple of years up in smoke.
|
|
|
|
|
NotHatinJustTrollin (OP)
Full Member
Offline
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
|
|
January 10, 2015, 11:55:09 PM |
|
^^^^^
You two didn't get the point of the thread.
Too bad.
|
|
|
|
|
keystroke
|
|
January 10, 2015, 11:57:54 PM |
|
So none of these bubble inflated quite the same way bitcoin has again and again?
|
"The difference between a castle and a prison is only a question of who holds the keys."
|
|
|
matt4054
Legendary
Offline
Activity: 1946
Merit: 1035
|
|
January 11, 2015, 12:41:51 AM |
|
^^^^^
You two didn't get the point of the thread.
Too bad.
Ah, yes, my bad. Let me guess: not hating, just trolling? Or do you seriously believe your friends from the interwebs needed education? |
|
|
|
|
DeadCoin
Sr. Member
Offline
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
|
|
January 11, 2015, 12:45:11 AM |
|
They're dead now, but sure a lot of people got wiped out. Bitcoin is not tulip bulbs though. why not whack out a south sea chart to mix it up a bit?
This time is different. |
|
|
|
|
zby
Legendary
Offline
Activity: 1592
Merit: 1001
|
|
January 11, 2015, 09:22:47 AM |
|
So novelty! Much insight!
|
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
|
January 11, 2015, 09:50:11 AM |
|
I guess Tulips had utility or functional value in society right? oh wait....  lol |
███████████████████████████████████████
,╓p@@███████@╗╖,
,p████████████████████N,
d█████████████████████████b
d██████████████████████████████æ
,████²█████████████████████████████,
,█████ ╙████████████████████╨ █████y
██████ `████████████████` ██████
║██████ Ñ███████████` ███████
███████ ╩██████Ñ ███████
███████ ▐▄ ²██╩ a▌ ███████
╢██████ ▐▓█▄ ▄█▓▌ ███████
██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─
▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌
▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─
²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩
▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`
²²²
███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
|
|
|
|
bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
|
|
January 11, 2015, 10:43:19 AM |
|
why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?
|
|
|
|
|
|
lay785
|
|
January 11, 2015, 11:04:03 AM |
|
why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?
because they are shorting and spreading fud |
|
|
|
|
|
poncho32
|
|
January 11, 2015, 11:15:14 AM |
|
why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?
because they are shorting and spreading fud +1 Most people have an agenda here, especially anyone with apparently extreme opinions. Shorting and spreading fud sums it up nicely. |
|
|
|
|
|
Q7
|
|
January 11, 2015, 11:39:43 AM |
|
Whatever it is I just prefer to play it safe. Nobody can accurately predict the future so the best way is to wait for firm indicators before deciding what to do next. I definitely won't follow the tulip guy but I also won't continue to sit around on the sideline. I hope when I finally make the move it will be the right decision.
|
|
|
|
|
