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Author Topic: Just dumped all my BTC :(  (Read 3749 times)
PhilipMorris (OP)
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January 13, 2015, 11:11:56 PM
 #1

I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..
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January 13, 2015, 11:17:30 PM
 #2

In stock markets, it is usually the best time to buy when everyone lost confidence and couldn't see the bottom. I am applying the same rationale to bitcoin.
PhilipMorris (OP)
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January 13, 2015, 11:20:27 PM
 #3

Yes but when will it end... Been waiting on it for months. Still going down.
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January 13, 2015, 11:21:11 PM
 #4

I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

If u r speaking the truth, then this applies to u => https://bitcointalk.org/index.php?topic=923785.0

But, I doubt, if u r really speaking the truth Wink

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January 13, 2015, 11:23:14 PM
 #5

Average Joe dumping thread needs to add:
13) Make sure to advertise the alt you really want to succeed when telling everyone you sold all of your bitcoins.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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January 13, 2015, 11:23:34 PM
 #6

I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

You, sir, have what is termed "weak hands".

Bitmixer sucks

Bit-X sucks
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January 13, 2015, 11:24:59 PM
 #7

I ALMOST dumped into Paycoin. Then I took a step back and put aside the emotions and HELD. Bitcoin hasn't come this far for nothing. If BTC is going to the bottom I'm chaining myself to it.

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Jnmms2
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January 13, 2015, 11:25:59 PM
 #8

I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

You, sir, have what is termed "weak hands".

And you, sir, is a full of bravado poser that was fuding in one of the Monero's threads not a long ago, Bitcoin deserves every bit of ruin it gets.

The biggest reason why Monero cannot and will not be the #1 crypto is because it is developed to be 100% anonymous and untraceable. Lawmakers and regulators will not allow something like that to have widespread mainstream use.

Anyone who believes that Monero wouldn't be treated much harsher than Bitcoin by governments is delusional.

For instance: Dell, Overstock et al won't be accepting XMR as a payment method. At best it will be used to purchase illegal stuff.

Lol I love this, same argument that was used against Bitcoin, you are scared shitless.
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January 13, 2015, 11:35:41 PM
 #9

I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

You, sir, have what is termed "weak hands".

And you, sir, is a full of bravado poser that was fuding in one of the Monero's threads not a long ago, Bitcoin deserves every bit of ruin it gets.

The biggest reason why Monero cannot and will not be the #1 crypto is because it is developed to be 100% anonymous and untraceable. Lawmakers and regulators will not allow something like that to have widespread mainstream use.

Anyone who believes that Monero wouldn't be treated much harsher than Bitcoin by governments is delusional.

For instance: Dell, Overstock et al won't be accepting XMR as a payment method. At best it will be used to purchase illegal stuff.

Lol I love this, same argument that was used against Bitcoin, you are scared shitless.

It wasn't FUD, I was simply giving my honest opinion. I respect poster/dev smooth, I hope the coin does well.

Bitmixer sucks

Bit-X sucks
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January 13, 2015, 11:37:29 PM
 #10

It wasn't FUD, I was simply giving my honest opinion. I respect poster/dev smooth, I hope the coin does well.

Unfortunately I hope Bitcoin goes away for good, it is hindering much needed progress, just my honest opinion.
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January 13, 2015, 11:40:09 PM
 #11

I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

Thanks for the cheap bitcoins.  I appreciate the sale.  If you happen to acquire any more for any reason, I suggest you sell them as quickly as possible so I can get some more.
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January 13, 2015, 11:49:57 PM
 #12

I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

Alt= alternative = price still tied directly to bitcoin.

Little bit of a problem there.

Can't say if your decision today was a good one or bad one, because nobody has a crystal ball.  But the trend certainly looks gloomy. 

This is also a classic case of why you should only invest what you can afford to lose.  I lost a bit too when I sold majority of my holdings at 3xx after paying around 5xx for them, but looking back...I'm glad I did.  My gut told me things didn't feel right, and I sure as hell am not going to keep 'loading up the truck' on a falling sword in attempt to lower my loss average.  Learned my lesson from silver.

Wish you the best whatever path you take.
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January 13, 2015, 11:58:55 PM
 #13

You, sir, have what is termed "weak hands".

on the market someone who has held till this far down would actually be considered a strong hand, but with a very dumbass stop loss strategy  Tongue
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January 14, 2015, 12:07:13 AM
 #14

I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

Thanks for the cheap bitcoins.  I appreciate the sale.  If you happen to acquire any more for any reason, I suggest you sell them as quickly as possible so I can get some more.

THIS.

to anyone else thinking of selling at this price:
Every time someone sells their coins, then that means some one else bought them at that price.
before you sell them, always think: who is buying at this price? are they buying at a low in order to sell at a high or am i selling at a low? do i really think btc price is going to 100, 50 or 1? what has changed since i decided to buy in at the price i did? what will be needed to change to get the price back above my buy in price? can it happen? can i afford to hold until it does? are bitcoins tulips 2.0, or something more?
the market allows winners to take from losers. in order for them to do that, winners buy low (from ppl selling low) and sell high (from people buying high). once this has really sunk in, you think about your trading very differently... really! (its so so simple its actually hard)
/arrogant rant over


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January 14, 2015, 12:19:09 AM
 #15


THIS.

to anyone else thinking of selling at this price:
Every time someone sells their coins, then that means some one else bought them at that price.
before you sell them, always think: who is buying at this price? are they buying at a low in order to sell at a high or am i selling at a low? do i really think btc price is going to 100, 50 or 1? what has changed since i decided to buy in at the price i did? what will be needed to change to get the price back above my buy in price? can it happen? can i afford to hold until it does? are bitcoins tulips 2.0, or something more?
the market allows winners to take from losers. in order for them to do that, winners buy low (from ppl selling low) and sell high (from people buying high). once this has really sunk in, you think about your trading very differently... really! (its so so simple its actually hard)
/arrogant rant over



Almost but:
to anyone else thinking of buying at this price:
Every time someone buys their coins, then that means some one else sold them at that price.
before you buy them, always think: who is selling at this price? are they selling at a high in order to sell at a low or am i buying at a high? do i really think btc price is going to 500, 1000 or 10000?
etc etc Smiley
/smug rant over


 
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franckuestein
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January 14, 2015, 12:20:36 AM
 #16

ouch!

I really didnt wanna do it, (...)
Fu*k logic  Cheesy Cheesy

Well, we're all like in "bearish" mode now, but you dumped all your coins so you're going to be just another user that don't appreciate what bitcoin is and can be in the future.

No problem haha, they're probably in better hands now Wink

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January 14, 2015, 12:22:23 AM
 #17

LOL at all the old timers here.....

BTC is most likely going below $100. Why buy his coins today when you can buy his friends coins at $100 in a few weeks.

 Wink
flipstyle
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January 14, 2015, 12:23:35 AM
 #18


THIS.

to anyone else thinking of selling at this price:
Every time someone sells their coins, then that means some one else bought them at that price.
before you sell them, always think: who is buying at this price? are they buying at a low in order to sell at a high or am i selling at a low? do i really think btc price is going to 100, 50 or 1? what has changed since i decided to buy in at the price i did? what will be needed to change to get the price back above my buy in price? can it happen? can i afford to hold until it does? are bitcoins tulips 2.0, or something more?
the market allows winners to take from losers. in order for them to do that, winners buy low (from ppl selling low) and sell high (from people buying high). once this has really sunk in, you think about your trading very differently... really! (its so so simple its actually hard)
/arrogant rant over



Almost but:
to anyone else thinking of buying at this price:
Every time someone buys their coins, then that means some one else sold them at that price.
before you buy them, always think: who is selling at this price? are they selling at a high in order to sell at a low or am i buying at a high? do i really think btc price is going to 500, 1000 or 10000?
etc etc Smiley
/smug rant over



Don't try and counter the shiller.  

Obviously, he's like a super duper smart market investor.  I mean, after all, why on earth did he buy at the price he did if he knew the price was going to plummet like this, and could have had 2-5x more coins for the same price?

lol.  Arrogance is bliss.
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January 14, 2015, 12:24:48 AM
 #19

LOL at all the old timers here.....

BTC is most likely going below $100. Why buy his coins today when you can buy his friends coins at $100 in a few weeks.

 Wink

Why do you think it is going to dip to below $100? I think it will stabilize around $200.
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January 14, 2015, 12:25:32 AM
 #20

LOL at all the old timers here.....

BTC is most likely going below $100. Why buy his coins today when you can buy his friends coins at $100 in a few weeks.

 Wink

Why do you think it is going to dip to below $100? I think it will stabilize around $200.

Because $100 was where it was at prepump/hype phase.
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