Balls of steel | Bitcointalksearch.org

inca

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Quote from: scryptasicminer on October 02, 2014, 04:35:09 AM

Quote from: inca on September 07, 2014, 11:49:31 PM

As the price slides inexorably lower remember why you bought bitcoin in the first place.

The market manipulators are trying to shake out weak hands. It is no coincidence the bear trolls come out to play as the price weakens (but curiously disappear as the price rises).

Technically as long as bitcoin doesn't drop below 440 this is noise. Even if it does dip lower or even briefly touches 3xx a high volume reversal there will signal the final bottom is in.

Remember it is in no one's interest, not the holders, not the miners, not even the sell and hope to buy lower crowd for the bitcoin price to collapse.

If bitcoin was a good buy at 600 then its an even better buy at 460.

It takes balls of steel to hang on in a bear market like this. Bitcointalk is littered with posts from people who sold out in 2011, 2012, 2013 only to miss out on the next surge. In every case hanging on or buying more paid off handsomely. In every case the bears and trolls were wrong.

The market will turn soon..

Ball of steel is a good reason why many traders go broke.

This thread isn't for traders. It is for those holding bitcoin as a speculative long term punt. Traders can do what they want!

scryptasicminer

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Quote from: inca on September 07, 2014, 11:49:31 PM

As the price slides inexorably lower remember why you bought bitcoin in the first place.

The market manipulators are trying to shake out weak hands. It is no coincidence the bear trolls come out to play as the price weakens (but curiously disappear as the price rises).

Technically as long as bitcoin doesn't drop below 440 this is noise. Even if it does dip lower or even briefly touches 3xx a high volume reversal there will signal the final bottom is in.

Remember it is in no one's interest, not the holders, not the miners, not even the sell and hope to buy lower crowd for the bitcoin price to collapse.

If bitcoin was a good buy at 600 then its an even better buy at 460.

It takes balls of steel to hang on in a bear market like this. Bitcointalk is littered with posts from people who sold out in 2011, 2012, 2013 only to miss out on the next surge. In every case hanging on or buying more paid off handsomely. In every case the bears and trolls were wrong.

The market will turn soon..

Ball of steel is a good reason why many traders go broke.

inca

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Count me in

Searing

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Clueless!

Quote from: sgbett on October 02, 2014, 03:06:13 AM

Reserve me a glass Wink

well hell..we have a movement ..that makes 3..heh

sgbett

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Reserve me a glass Wink

Searing

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Clueless!

Quote from: jjacob on October 02, 2014, 01:31:21 AM

Quote from: inca on October 01, 2014, 12:09:18 PM

Quote from: NotLambchop on October 01, 2014, 09:14:19 AM

Quote from: falllling on September 08, 2014, 02:03:21 AM

Quote from: crocko on September 08, 2014, 01:58:46 AM

I am very happy because Bitcoin didn't go under $400 as falllling "predicted" Tongue

very soon

Someone necroed my thread. Great song and band btw.

I think the original post remains true. Balls of steel still required holders.

I am still accumulating as many coins as I can. Feel free to join me!

Holders require balls of steel. Grin

This roller coaster will ensure that only true believers end up holding bitcoins, when all this volatility ends.

yeah just hoping that sometime in the distant future it is just not me and you sharing a bottle of 2013 wine toasting the end to the bitcoin last man standing club....

just saying

I'm holding for the long term....but quite frankly everyone that is an everyday person I've talked to thinks bitcoin is evil/scam/ripoff in the last year from all the press/banker/gov't FUD

so hell I don't think anything is gonna be normal with bitcoin till it is around 3 years from now...and is considered as boring as the paypal PAY button on ebay

just saying..not only is the price gonna stay low.(I've no clue on how low 20 bucks to 200 bucks to 1000 bucks no clue)...alt coins of any type are gonna be kicked/pissed on/lambasted and defamed by press/govt banks etc at LEAST for the next THREE years imho....irregardless of what the price of a coin does..if it survives that we will do well if all his crap being spewed out about bitcoin is taken as truth in that run of time...we will have lots and lots of bitcoin at $1 usd per bitcoin anyway...

big or bust place your money folks

or

chump or champ

there is no "inbetween' in bitcoin!

jjacob

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★Nitrogensports.eu★

Quote from: inca on October 01, 2014, 12:09:18 PM

Quote from: NotLambchop on October 01, 2014, 09:14:19 AM

Quote from: falllling on September 08, 2014, 02:03:21 AM

Quote from: crocko on September 08, 2014, 01:58:46 AM

I am very happy because Bitcoin didn't go under $400 as falllling "predicted" Tongue

very soon

Someone necroed my thread. Great song and band btw.

I think the original post remains true. Balls of steel still required holders.

I am still accumulating as many coins as I can. Feel free to join me!

Holders require balls of steel. Grin

This roller coaster will ensure that only true believers end up holding bitcoins, when all this volatility ends.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: NotLambchop on October 01, 2014, 09:14:19 AM

Quote from: falllling on September 08, 2014, 02:03:21 AM

Quote from: crocko on September 08, 2014, 01:58:46 AM

I am very happy because Bitcoin didn't go under $400 as falllling "predicted" Tongue

very soon

Someone necroed my thread. Great song and band btw.

I think the original post remains true. Balls of steel still required holders.

I am still accumulating as many coins as I can. Feel free to join me!

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: falllling on September 08, 2014, 02:03:21 AM

Quote from: crocko on September 08, 2014, 01:58:46 AM

I am very happy because Bitcoin didn't go under $400 as falllling "predicted" Tongue

very soon

Stockhome

newbie

Activity: 23

Merit: 0

Quote from: piramida on September 08, 2014, 12:35:46 AM

Quote from: inca on September 08, 2014, 12:28:58 AM

What a dishonest illiterate wretched creature you are! Wink

since most of this forum has him on ignore, if you feel the urge to converse with it, can you at least not quote it? thanks.

Agreed. Why do you have to say that?

panju1

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Quote from: minerpumpkin on September 11, 2014, 03:51:12 PM

Well, at this point people really need to decide what they're willing to risk, and ultimately to loose. But after they've decided what to keep in the Game, they really need to just ignore the price, and just have those said balls. Sometimes you've got to ride through the rough patch...

This patch is getting rougher and rougher.

Searing

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Clueless!

Quote from: minerpumpkin on September 11, 2014, 03:51:12 PM

Well, at this point people really need to decide what they're willing to risk, and ultimately to loose. But after they've decided what to keep in the Game, they really need to just ignore the price, and just have those said balls. Sometimes you've got to ride through the rough patch...

yeah I mined with a jupiter knc 550gh from last year (50 coin) it needs to hit below $150 usd for me to start hurting..then again to be fair I got a NO ROI 1st Batch
Titan..if it does Huh

actually as they state ..can do scrypt N (and not for some reason 50mh scrypt n vs 300mh scrypt) ...perhaps I can get 3/4 ROI back...anyway
with that figured in (hey I got it no refund in march 2014..then right after KNC went the BFL route of lets make more $$$ ..honest I did not mean to turn them to
the dark side with my order..but hey it happened....ie I was BFL'd..money corrupts)

anyway you add that into the mix and if it goes below $350 usd and I'm in trouble..but then again...if it does go to $150 I'll ride it all the way down

WTF have to have something to talk about when they take all my stuff anyway and wheel me in to the assisted living place someday right?

but yeah this is painful to watch imho it will go below 400 at least

marney111

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Quote from: misterpressman on September 16, 2014, 02:53:20 AM

Quote from: Roy Badami on September 11, 2014, 05:46:16 PM

Quote from: inca on September 08, 2014, 12:43:17 AM

Quote from: piramida on September 08, 2014, 12:35:46 AM

Quote from: inca on September 08, 2014, 12:28:58 AM

What a dishonest illiterate wretched creature you are! Wink

since most of this forum has him on ignore, if you feel the urge to converse with it, can you at least not quote it? thanks.

Apologies. 'This user is currently ignored' seems to be outnumbering real users at the moment. Free speech is important but it would be brilliant if the forum just deleted users once a certain ignore threshold is reached..

What exactly is the 'report to moderator' link for? In any moderated forum action would have been taken long ago, but AFAICT this place is completely unmoderated...

(EDIT: despite claims that there are in fact moderators here - given the level of drivel posted here I find it hard to believe they really exist)

There will be trolls wherever you go..

The thing is you just need to ignore.

Being a troll has become a normal attitude of people.

misterpressman

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Activity: 65

Merit: 10

Quote from: Roy Badami on September 11, 2014, 05:46:16 PM

Quote from: inca on September 08, 2014, 12:43:17 AM

Quote from: piramida on September 08, 2014, 12:35:46 AM

Quote from: inca on September 08, 2014, 12:28:58 AM

What a dishonest illiterate wretched creature you are! Wink

since most of this forum has him on ignore, if you feel the urge to converse with it, can you at least not quote it? thanks.

Apologies. 'This user is currently ignored' seems to be outnumbering real users at the moment. Free speech is important but it would be brilliant if the forum just deleted users once a certain ignore threshold is reached..

What exactly is the 'report to moderator' link for? In any moderated forum action would have been taken long ago, but AFAICT this place is completely unmoderated...

(EDIT: despite claims that there are in fact moderators here - given the level of drivel posted here I find it hard to believe they really exist)

There will be trolls wherever you go..

The thing is you just need to ignore.

Roy Badami

hero member

Activity: 563

Merit: 500

Quote from: inca on September 08, 2014, 12:43:17 AM

Quote from: piramida on September 08, 2014, 12:35:46 AM

Quote from: inca on September 08, 2014, 12:28:58 AM

What a dishonest illiterate wretched creature you are! Wink

since most of this forum has him on ignore, if you feel the urge to converse with it, can you at least not quote it? thanks.

Apologies. 'This user is currently ignored' seems to be outnumbering real users at the moment. Free speech is important but it would be brilliant if the forum just deleted users once a certain ignore threshold is reached..

What exactly is the 'report to moderator' link for? In any moderated forum action would have been taken long ago, but AFAICT this place is completely unmoderated...

(EDIT: despite claims that there are in fact moderators here - given the level of drivel posted here I find it hard to believe they really exist)

minerpumpkin

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A pumpkin mines 27 hours a night

Well, at this point people really need to decide what they're willing to risk, and ultimately to loose. But after they've decided what to keep in the Game, they really need to just ignore the price, and just have those said balls. Sometimes you've got to ride through the rough patch...

Torque

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Quote from: NotLambchop on September 11, 2014, 12:12:54 PM

Quote from: Torque on September 11, 2014, 12:02:16 PM

Quote from: NotLambchop on September 11, 2014, 11:45:06 AM

TL;DR: Bitcoin is not goods. It has neither intrinsic value nor is it subject to the classic supply/demand interpretations.

I would argue that the average user who is interested in buying bitcoin solely to spend, has absolutely no idea what the exchange rate of a bitcoin should be.

Really? I haven't met anyone like that since SilkRoad got shuttered. Most places accepting Bitcoin set their prices in dollars, so the folks you're talking about should care about the exchange rate Cheesy

But that's not my point. My point is Bitcoin exchange rate is determined by traders, which [to me] is obvious. Those weird ones who don't care about the exchange rate, other than being ..."unusual," have little to do with exchange rate.

I think you may have missed my meaning there. The key phase is "should be".

I didn't say they didn't care what the exchange rate was, I said that they essentially have no way of knowing if the current exchange rate is even correct or a fair price. It's because bitcoin is so new, lacks anything to back it, and doesn't have a multi-hundred year assessment period like say, gold or silver. Most of the general public think that bitcoin is vastly overvalued, and could fall back to double or even single digits literally any day now. In fact, they don't see why it wouldn't.

You're right that speculation primarily keeps the price afloat. It's the occasional ramp ups (er bubbles, whatever) during this growth period that give the public a clue that maybe they are wrong about bitcoin being vastly overvalued.

inca

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Quote from: NotLambchop on September 11, 2014, 01:45:40 PM

Quote from: inca on September 11, 2014, 01:29:38 PM

...
I take your example to mean that the bitcoin price is a product of consumer/speculator demand. But that also consumer/speculator demand is also a product of the price? Unlike the baker scenario.. And that falling bitcoin prices may in fact reduce demand for bitcoins?

In the same sense as special relativity suggests that light is fast, yeah.

Alright Einstein!

adamstgBit

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Trusted Bitcoiner

Quote from: NotLambchop on September 11, 2014, 01:42:58 PM

Quote from: adamstgBit on September 11, 2014, 01:26:02 PM

Quote from: NotLambchop on September 11, 2014, 01:14:15 PM

I try to be as clear as possible on the first pass. What, specifically, would you like to have clarified?

just how tasty was the cupcake, did it have some rum in it?

Pure yumolium. As long as you don't ruin it with Mc.D coffee. That stuff is undrinkable, and I buy those gigantic "40 Miler" styrofoam cups at exit ramp gas stations and never complain.
If you HAVE TO buy Mc.D coffee, either cut it with 1/3rd milk, or ask for a cup of ice, pour off 1/4 of the coffee, and dump the ice in. (Mc.D ice cubes taste just like their water--awful. But it's the same awful all across US. I suspect it's a special additive they use to make their water boil at 200 degrees C, and make their coffee possible.

i drink black coffee.

Mc.D coffee?? NEVER AGAIN!!

NotLambchop

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Activity: 378

Merit: 254

Quote from: inca on September 11, 2014, 01:29:38 PM

...
I take your example to mean that the bitcoin price is a product of consumer/speculator demand. But that also consumer/speculator demand is also a product of the price? Unlike the baker scenario.. And that falling bitcoin prices may in fact reduce demand for bitcoins?

In the same sense as special relativity suggests that light is fast, yeah.

Topic: Balls of steel (Read 6645 times)