Topic: $236 - What BS - Selling OUT today! - page 5. (Read 7615 times)
You're wasting your time trying to be reasonable. "Bulls" have 2 months of constant upward momentum to "prove their intelligence." Just let it be, you'll enjoy a higher degree of sanity.
Yep, having enough liquidity for people with real wealth to use it is a horrible, horrible thing for Bitcoin. It'll be the death of the currency, for sure.
This. The price is actually in the process of catching up to BTCs potential.
People, congrats to all who are still holding... im letting my last block go today. I think this is SO unhealthy for btc. When this thing roles over its gonna drop dramatically. It will burn so many newbies. They will not want to come back.
A gradual rise, with sensible ups and downs would build the base of users much better. But THIS?!?! This is just BS, bad news for adoption. This will ultimately set us back.
Any one who thinks its like a singularity or something are just caught up in the euphoria. Nothing hits adoption like this. Maybe i'll be proven wrong, but i doubt it. These new buys understand very little about btc other than its going up fast and they can make quick money. When it starts to drop they will understand no more about btc as a currency, only that it is dropping and looks like a bubble bursting.
Thoughts? Did i do right selling out today? Or will i get run over as this sucker goes straight to $1k.
--
Doob
A gradual rise, with sensible ups and downs would build the base of users much better. But THIS?!?! This is just BS, bad news for adoption. This will ultimately set us back.
Any one who thinks its like a singularity or something are just caught up in the euphoria. Nothing hits adoption like this. Maybe i'll be proven wrong, but i doubt it. These new buys understand very little about btc other than its going up fast and they can make quick money. When it starts to drop they will understand no more about btc as a currency, only that it is dropping and looks like a bubble bursting.
Thoughts? Did i do right selling out today? Or will i get run over as this sucker goes straight to $1k.
--
Doob
I actually worry more about the businesses that might get burnt, rather than speculators who have recently entered the market. A crash could really hurt fledgling startups and scare off Angel/VC money from investing in those companies. That could set things back much further than burning the people looking to make a quick buck.
These threads never backfire.
Yep, they never do. We all know they go straight to the bitcoin hall of fame as the most awesome bubble top predictions, like this one here:
https://bitcointalksearch.org/topic/why-i-sold-my-bitcoins-144586
Almost verbatim reasoning, but that guy was a little quicker to the door. He was out so fast, bubble didn't even had a chance to start.
Dude that happened 2 MONTHS ago. You don't see something wrong with a 10x price increase in 8 weeks? I've been selling hte whole way up. Let my first go in the 70s. Now i'm finishing it up here at $236...
It may go higher. But hey i'm sitting on such a gain as is, I am confident i will be able to buy many more coins at lower prices. Parabolic moves dont continue like this.
And its terrible for btc. These folks will get burned bad when it drops $100.
Yep, having enough liquidity for people with real wealth to use it is a horrible, horrible thing for Bitcoin. It'll be the death of the currency, for sure.
Get out bear noobs
This is bulls only
This is bulls only
If you made a decision stick to it. You can't predict the future. If it goes to $1k you'll be upset. If it crashes to $1, $10, $50, $100, you'll be upset you didn't get out when you felt you should. So just accept it and what will be will be.
That. It's easy to look back at a chart and wish you'd made a different decision. As they say, a bird in the hand... It's why I'm running a trailing stop, assuring me a sizeable return. If it drops more, I may buy back in, but my principal is not at stake.
Maybe you should put your money into a alt coin before you give up completely?
I would have thought Litecoin can only rally on this news!
I would have thought Litecoin can only rally on this news!
Cool story, OP.
These threads never backfire.
Yep, they never do. We all know they go straight to the bitcoin hall of fame as the most awesome bubble top predictions, like this one here:
https://bitcointalksearch.org/topic/why-i-sold-my-bitcoins-144586
Almost verbatim reasoning, but that guy was a little quicker to the door. He was out so fast, bubble didn't even had a chance to start. So kudos for waiting couple of months, this topic will be just as funny down the road as the one I linked above is now.
Chicken 
If you made a decision stick to it. You can't predict the future. If it goes to $1k you'll be upset. If it crashes to $1, $10, $50, $100, you'll be upset you didn't get out when you felt you should. So just accept it and what will be will be.
These threads never backfire.
People, congrats to all who are still holding... im letting my last block go today. I think this is SO unhealthy for btc. When this thing roles over its gonna drop dramatically. It will burn so many newbies. They will not want to come back.
A gradual rise, with sensible ups and downs would build the base of users much better. But THIS?!?! This is just BS, bad news for adoption. This will ultimately set us back.
Any one who thinks its like a singularity or something are just caught up in the euphoria. Nothing hits adoption like this. Maybe i'll be proven wrong, but i doubt it. These new buys understand very little about btc other than its going up fast and they can make quick money. When it starts to drop they will understand no more about btc as a currency, only that it is dropping and looks like a bubble bursting.
Thoughts? Did i do right selling out today? Or will i get run over as this sucker goes straight to $1k.
--
Doob
A gradual rise, with sensible ups and downs would build the base of users much better. But THIS?!?! This is just BS, bad news for adoption. This will ultimately set us back.
Any one who thinks its like a singularity or something are just caught up in the euphoria. Nothing hits adoption like this. Maybe i'll be proven wrong, but i doubt it. These new buys understand very little about btc other than its going up fast and they can make quick money. When it starts to drop they will understand no more about btc as a currency, only that it is dropping and looks like a bubble bursting.
Thoughts? Did i do right selling out today? Or will i get run over as this sucker goes straight to $1k.
--
Doob
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