I already sold all my coins... waiting to get back at $200

[thms]

Maybe even lower, depending how fast it reaches 200.

[hdd3go]

 Well, you choose a bad time to sell, the price would heading up  soon, you might be regret latter.

[Somekindabitcoin]

Maybe even lower, depending how fast it reaches 200.

You should have just shorted it in the first place instead of buying it straight up. You would have made about 25 bucks per coin profit. If you leveraged the amount and were able to get 1,000 bitcoins, you would have made 25k.

[SirChiko]

Maybe even lower, depending how fast it reaches 200.

Sorry to tell you my friend but you have fucked up.
We won't be heading down to 200 anytime soon if even ever 

[inca]

You haven't bought back in yet you silly sod

[Morecoin Freeman]

Buy now before 270!

[williamho]

Maybe even lower, depending how fast it reaches 200.

The price could go go down 50$ but it could also go up 50$. Which one is more likely ? Honestly I don't know, I feel it will go back up if it go down but apparently you feel it will go back down if it goes up.

I am keeping the little I have

[kwukduck]

It will reach 200 very fast, don't have to worry about that, but it will go much lower, i don't think it's smart to buy back at 200 already, try 180 or even around 50. 180 is possible but im unsure if we will stabilize or have a dead cat bounce there of which you can profit.

[SirChiko]

It will reach 200 very fast, don't have to worry about that, but it will go much lower, i don't think it's smart to buy back at 200 already, try 180 or even around 50. 180 is possible but im unsure if we will stabilize or have a dead cat bounce there of which you can profit.

And what does lead to you this ending?  I don't see any huge drop and i don't think we will go below 240, only if big dump would happen (stollen coins or something along this) then i would think about that scenario but i don't see anything like that anywhere near.

[inca]

It will reach 200 very fast, don't have to worry about that, but it will go much lower, i don't think it's smart to buy back at 200 already, try 180 or even around 50. 180 is possible but im unsure if we will stabilize or have a dead cat bounce there of which you can profit.

What price do you concede you are wrong?

[kwukduck]

It will reach 200 very fast, don't have to worry about that, but it will go much lower, i don't think it's smart to buy back at 200 already, try 180 or even around 50. 180 is possible but im unsure if we will stabilize or have a dead cat bounce there of which you can profit.

And what does lead to you this ending?  I don't see any huge drop and i don't think we will go below 240, only if big dump would happen (stollen coins or something along this) then i would think about that scenario but i don't see anything like that anywhere near.

Fundamentals are f'd.
Many stolen coins to be dumped by hackers and governments.
Outdated unscaleable technology.
Development pretty much stopped.
People don't care for funny fantasy internet money.

Considering that, I'm extremely positive with my prediction.


@Inca
I will say i was wrong when it goes back to $500+ steadily and stays there for at least a few months, any big spikes are just cats waiting to die once again.


And yes, i'd love for that to happen.

I still think the concept of bitcoin has great potential, the community just f'd up on so many levels that i don't think we can overcome that dark shadow anymore.. Thanks internet!

[inca]

It will reach 200 very fast, don't have to worry about that, but it will go much lower, i don't think it's smart to buy back at 200 already, try 180 or even around 50. 180 is possible but im unsure if we will stabilize or have a dead cat bounce there of which you can profit.

And what does lead to you this ending?  I don't see any huge drop and i don't think we will go below 240, only if big dump would happen (stollen coins or something along this) then i would think about that scenario but i don't see anything like that anywhere near.

Fundamentals are f'd.
Many stolen coins to be dumped by hackers and governments.
Outdated unscaleable technology.
People don't care for funny fantasy internet money.

Considering that, I'm extremely positive with my prediction.


@Inca
I will say i was wrong when it goes back to $500+ steadily and stays there for at least a few months, any big spikes are just cats waiting to die once again.

Everything emboldened is garbage. You were mining bitcoin in 2010. How far you have fallen.

[exocytosis]

You were mining bitcoin in 2010.

Like most early adopters, he's actually smart and sane enough to see where this is going. The cultists are typically the people that entered Bitcoin in 2013 or later. Most cultists and permabulltards own less than 100 BTC.

[inca]

Like most early adopters, he's actually smart and sane enough to see where this is going. The cultists are typically the people that entered Bitcoin in 2013 or later. Most cultists and permabulltards own less than 100 BTC.

But but but you entered bitcoin in 2013. Weren't you calling for prices of 100k in early 2014!?

[lyth0s]

It will reach 200 very fast, don't have to worry about that, but it will go much lower, i don't think it's smart to buy back at 200 already, try 180 or even around 50. 180 is possible but im unsure if we will stabilize or have a dead cat bounce there of which you can profit.

And what does lead to you this ending?  I don't see any huge drop and i don't think we will go below 240, only if big dump would happen (stollen coins or something along this) then i would think about that scenario but i don't see anything like that anywhere near.

Fundamentals are f'd.
Many stolen coins to be dumped by hackers and governments.
Outdated unscaleable technology.
Development pretty much stopped.
People don't care for funny fantasy internet money.

Considering that, I'm extremely positive with my prediction.


@Inca
I will say i was wrong when it goes back to $500+ steadily and stays there for at least a few months, any big spikes are just cats waiting to die once again.


And yes, i'd love for that to happen.

I still think the concept of bitcoin has great potential, the community just f'd up on so many levels that i don't think we can overcome that dark shadow anymore.. Thanks internet!

How much did you buy that legendary account for? Surely your ability to hold and then trade/sell all those bitcoins from 2010 has made you so rich that you wouldn't even care what the current price per coin is right?

[kwukduck]

You think people that were into bitcoin in 2010  were there to make big money?
No, they are there because they see something is wrong with current system and this new concept has potential to overcome some of its biggest problems. At least I was. Some might just be interested in it from an IT perspective.
I sold all my coins many years ago because i needed fiat to pay my bills.

I'm still here for the same reason, current fiat system is screwed up from the bottom up and we look to explore alternatives.
The whole alt-coin business is even more screwed up by the community than bitcoin is, so i would still bet on bitcoin.

Please refute the points i made...

Confirmation times are unpractical for POS, yes there are workarounds
Blockchain size is huge, causing centralization, which is opposite of what would be desirable. It's also ever increasing, since 2010 I've heard every.
Transaction capacity is way way too low to be a global payment system.
Since 0.6.x not much has been done on bitcoin, some minimal changes where many and big ones are really due.
Bitcoin works on supply and demand, exchanges are faking a lot of the volume and price, the real worth isn't even a tenth of what it shows on the exchanges if it was real supply and demand.
US and Australian government are still in the process of selling huge amounts of BTC. A lot of hacks and scams have happened in the recent past that also cause panic and selling pressure.
I have yet to encounter the first person in real life that wanted to have bitcoin instead of fiat, even after explaining the whole thing for an hour... It doesn't mean bitcoin is the one to blame here, it's the people that are mostly ignorant or messed up.

[jcoin200]

bitcoins real unique characteristics have been overshadowed by speculative buying.  I wouldnt be surprised if were back under 200 soon.

[randy8777]

i hope for you you made right choice but i very much doubt it. you will regret selling your coins once price recovery kicks in.
if it goes to $200 then you are very lucky to say the least.

[uki]

@OP: if you sold x00 of coins than probably it is worth waiting a better entry, which may or may not happen.
If we are talking about two or three coins, it doesn't matter.

[zcxvbs]

Your positions decides your comments, people with bear position are talking about 50$ Bitcoin while people with heavy position saying it will go back up soon.