Author

Topic: Black Thursday - what did you do? (Read 3118 times)

newbie
Activity: 36
Merit: 0
April 15, 2014, 05:29:29 PM
#53
I admittedly panic sold 100% at the 385 mark, but fortunately panicked right back into buying it all back in the low 350's. I made out ok I think... at least for the moment lol. Smiley

dont worry you will have plenty of chances to lose it all, just keep trying.

Yeah, if last week taught me any lessons they'd be :

1. Don't try to chase the roller coaster on BitcoinWisdom unless you want to lose your pants rapidly.
2. If you're panicking about the price, stop and ask yourself why you are panicking. If it's because:

     Situation A: You will lose tons of money if things don't improve - tons of lost money you needed for living expenses and such: it's already taking up too much of your portfolio and downsizing your hold is a perhaps a reasonable thing to do.

     Situation B: You will lose money if things don't improve - but money that you didn't already need/depend on: you're getting greedy, stop getting your jimmies rustled over the price and chill out.

I realized I was in Situation B after selling off and was lucky enough to see that the market was willing to forgive me (and then some).

TLDR: I'm hodling

legendary
Activity: 2464
Merit: 1145
April 15, 2014, 03:12:40 PM
#52
for some weird reason i think that people believe in weed as much as bitcoin.

"to da moon"   Cheesy
legendary
Activity: 1652
Merit: 1265
April 15, 2014, 02:57:28 PM
#51
I smoked some crack and got some hoes to suck me off....(GANGSTA)
got some popcorn from the microwave (NERD)

One of these is what i did  Cool

A nerd who doesn't know (or care) that microwaves are not totally safe?  Cheesy
Edit: There is room for debate, but I usually don't trust microwaves with my food.

They call it nuking your food for a reason. Open up your microwave you will find a small plutonium core in there.  Tongue
legendary
Activity: 1176
Merit: 1010
Borsche
April 15, 2014, 02:50:00 PM
#50
I admittedly panic sold 100% at the 385 mark, but fortunately panicked right back into buying it all back in the low 350's. I made out ok I think... at least for the moment lol. Smiley

dont worry you will have plenty of chances to lose it all, just keep trying.
newbie
Activity: 36
Merit: 0
April 15, 2014, 01:52:57 PM
#49
I admittedly panic sold 100% at the 385 mark, but fortunately panicked right back into buying it all back in the low 350's. I made out ok I think... at least for the moment lol. Smiley
legendary
Activity: 1176
Merit: 1010
Borsche
April 15, 2014, 01:30:11 PM
#48
I smoked some crack and got some hoes to suck me off....(GANGSTA)
got some popcorn from the microwave (NERD)

One of these is what i did  Cool

A nerd who doesn't know (or care) that microwaves are not totally safe?  Cheesy
Edit: There is room for debate, but I usually don't trust microwaves with my food.

To be totally honest i prefer my Popped Corns done natural in vegatable oil ..better flavour





I only used microwavable popcorn for a stoner game of basketball back in college. You set two empty glasses inside, put some corns in the center, and watch the action. Whoever's glass gets more balls loses, seemed like fun back then... Wink That was the safest one of the games.
hero member
Activity: 574
Merit: 500
April 15, 2014, 02:42:25 AM
#47
I smoked some crack and got some hoes to suck me off....(GANGSTA)
got some popcorn from the microwave (NERD)

One of these is what i did  Cool

A nerd who doesn't know (or care) that microwaves are not totally safe?  Cheesy
Edit: There is room for debate, but I usually don't trust microwaves with my food.

To be totally honest i prefer my Popped Corns done natural in vegatable oil ..better flavour



legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 15, 2014, 01:10:04 AM
#46
I smoked some crack and got some hoes to suck me off....(GANGSTA)
got some popcorn from the microwave (NERD)

One of these is what i did  Cool

A nerd who doesn't know (or care) that microwaves are not totally safe?  Cheesy
Edit: There is room for debate, but I usually don't trust microwaves with my food.
hero member
Activity: 518
Merit: 500
April 14, 2014, 07:53:16 PM
#45
I smoked some crack and got some hoes to suck me off....(GANGSTA)
got some popcorn from the microwave (NERD)

One of these is what i did  Cool

full member
Activity: 196
Merit: 100
April 14, 2014, 07:41:00 PM
#44
I smoked some crack and got some hoes to suck me off....(GANGSTA)
got some popcorn from the microwave (NERD)

One of these is what i did  Cool
Judging by your activity, the 2nd? Cheesy

hero member
Activity: 574
Merit: 500
April 14, 2014, 07:35:55 PM
#43
I smoked some crack and got some hoes to suck me off....(GANGSTA)
got some popcorn from the microwave (NERD)

One of these is what i did  Cool
legendary
Activity: 1176
Merit: 1010
Borsche
April 14, 2014, 12:07:19 PM
#42

He also depicted the unity of HODLers in his painting "Unity"...



Isn't that proudhon in the center , and the crowd confirming his newses? Smiley
legendary
Activity: 1652
Merit: 1265
April 14, 2014, 08:41:32 AM
#41


Here's another one from Ferdinand Hodler (1853 - 1918). Well ahead of his time, he propagated the art of hodling through his paintings, as for example in this early masterpiece called "HODL!!!!!!!".

He also depicted the unity of HODLers in his painting "Unity"...

legendary
Activity: 3206
Merit: 1348
April 14, 2014, 06:36:06 AM
#40
What's Black Thursday?
Regardless of the day/month, I always 100% hold. That's what believing in BTC is about. Buy & Hold, then repeat  Grin
legendary
Activity: 1274
Merit: 1000
April 14, 2014, 06:34:27 AM
#39
HODLed 100% but didn't have any weed so wasn't able to smoke it, but I would have smoked it if I would had some Tongue

And look like hodling was right choice, 469$ now.
newbie
Activity: 28
Merit: 0
April 14, 2014, 06:26:50 AM
#38
http://www.kunstkopie.ch/kunst/ferdinand_hodler_1414/wilhelmtell.jpg

Here's another one from Ferdinand Hodler (1853 - 1918). Well ahead of his time, he propagated the art of hodling through his paintings, as for example in this early masterpiece called "HODL!!!!!!!".
hero member
Activity: 910
Merit: 501
April 12, 2014, 03:35:35 PM
#37
I had been waiting to buy for weeks and then of course on Thursday evening I was stuck on a 5 hour flight without wireless internet. WHAT YEAR IS THIS?

Why can't you set up a limit order before hand?
sr. member
Activity: 362
Merit: 250
April 12, 2014, 01:54:02 PM
#36
I had been waiting to buy for weeks and then of course on Thursday evening I was stuck on a 5 hour flight without wireless internet. WHAT YEAR IS THIS?
hero member
Activity: 770
Merit: 500
April 12, 2014, 01:40:08 AM
#35
Hold if you believe sold if you don't
legendary
Activity: 1722
Merit: 1004
April 12, 2014, 01:34:44 AM
#34
April 10th seems to not be a good date for bitcoin. Remember 2013-04-10?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
April 12, 2014, 12:47:49 AM
#33
same thing i always do, pinky: i bought more bitcoins
hero member
Activity: 910
Merit: 501
April 11, 2014, 06:55:35 PM
#32
Quote
Black Thursday - what did you do?

I fell asleep, woke up, looked at the price and it was higher than before. Then I yawned.
full member
Activity: 196
Merit: 100
April 11, 2014, 04:24:19 PM
#31
I haven't done anything yet. Still debating whether I should stock up on a few BTC or a lot of LTC.
Had the same question this morning.

I decided to go with LTC. Made ~$1100 in the last 14-15 hours. Enjoying the waves.

In FIAT right now. Waiting another hour and 47 minutes. China waking up.

Guess they gonna dump for about 1-2 hours, then try to get the prices back.


( More coins = More fiat, so I'd say LTC?)



-TWC
hero member
Activity: 770
Merit: 500
April 11, 2014, 04:20:51 PM
#30
stayed calm and still holding
newbie
Activity: 40
Merit: 0
April 11, 2014, 04:16:56 PM
#29
I'm thinking this is another bounce on a bigger downward trajectory.   I sold most around 480 earlier in the week, bought yesterday from 420 down to 360 where I ran out of fiat.  Sold a bit in the 450's today, with sell orders at 470, 480, and 500 levels, hoping to catch a upswing before it takes the next bounce down to rebuy upper 200's.

I could be wrong, who knows.  It's a fun game regardless.
sr. member
Activity: 280
Merit: 250
April 11, 2014, 03:47:43 PM
#28
The charts aren't helping right now, so



http://www.ask8ball.net/ <==Do your own research.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 11, 2014, 03:24:33 PM
#27
I had tons of fun watching the rally from $340 to above $420.
Too low to sell much, I am expecting an up move to at least $500.
full member
Activity: 214
Merit: 100
April 11, 2014, 03:21:14 PM
#26
 I have a little sold long ago had 425LTC hacked off BTC-e so I sold my BTC on Gox because of it back when Dwolla was still an option. Everything is gravy from here out. Regardless of how much BTC drops it will never die. I hope everyone makes $ off their investment but please keeps coins for purchase and use it for what it is intended for.
newbie
Activity: 6
Merit: 0
April 11, 2014, 01:20:47 PM
#25
black friday was named because it was the first day most retailers went into the black (positive net income). i don't think most btc holders are going into the black today...

Wrong day... http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929


ahh thank you - good history lesson =)
legendary
Activity: 1176
Merit: 1010
Borsche
April 11, 2014, 12:23:39 PM
#24
To all the hodlers out there, Hodler is one of my favorite painters.



Ferdinand Hodler

that is a very nice picture; like a ring of hodlers with a day-trader in the center, looking up to them asking "will it grow? will it? should I cut it down now or wait? how much longer?" and hodlers are smiling "have patience, poor child, you have only planted it five minutes ago".

I'm sure though he meant something different by that picture, but it fits well Smiley

Oh, and on-topic, did what any sane person should've done that day, bought some.
newbie
Activity: 3
Merit: 0
April 11, 2014, 08:41:57 AM
#23
Decided to buy my first few bitcoin since it was at tree fiddy, had to wait for bank account verification, kept refreshing my bank deposits until I fell asleep, woke up and it was at $430. Well, it was about that time that I notice that coin was about eight stories tall and was a crustacean from the protozoic era.
sr. member
Activity: 462
Merit: 253
April 10, 2014, 09:10:54 PM
#22
I panic buyed, muhahaHAAHHAHH

It looks like there's a lot of new users since the last few weeks, that's consistent with what happened during November's bubble! Anyone care to make a graph with lines that point to the moon? Wink
legendary
Activity: 981
Merit: 1005
No maps for these territories
April 10, 2014, 08:52:14 PM
#21
I panic buyed, muhahaHAAHHAHH
full member
Activity: 196
Merit: 100
April 10, 2014, 08:37:30 PM
#20
I ignored it and did nothing.

Not even sure what the big deal is. We had a bigger crash than this the first time China banned Bitcoin.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
April 10, 2014, 08:28:51 PM
#19
I haven't done anything yet. Still debating whether I should stock up on a few BTC or a lot of LTC.
legendary
Activity: 1022
Merit: 1000
April 10, 2014, 08:15:41 PM
#18
Didn't notice, seriously.  So I guess I'm a holder > 1.  Sorry to see BTC taking another big move down.
full member
Activity: 168
Merit: 100
April 10, 2014, 07:33:10 PM
#17
black friday was named because it was the first day most retailers went into the black (positive net income). i don't think most btc holders are going into the black today...

Wrong day... http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929
hero member
Activity: 784
Merit: 500
April 10, 2014, 07:32:54 PM
#16
black friday was named because it was the first day most retailers went into the black (positive net income). i don't think most btc holders are going into the black today...

Nah its reference to "Black Monday"  big crash in 1987
sr. member
Activity: 252
Merit: 250
April 10, 2014, 07:31:34 PM
#15
black friday was named because it was the first day most retailers went into the black (positive net income). i don't think most btc holders are going into the black today...

Many of the sellers bought at much lower prices...
newbie
Activity: 6
Merit: 0
April 10, 2014, 07:29:29 PM
#14
black friday was named because it was the first day most retailers went into the black (positive net income). i don't think most btc holders are going into the black today...
hero member
Activity: 1470
Merit: 504
April 10, 2014, 07:27:42 PM
#13
The panic selling has already happened. Most of the new users have already sold; the only ones left appear to be the long term holders and the day traders.

The resistance is all day traders speculating on a bottom but the external interest just isn't there with any force. The old money is draining out of the market faster than the new money coming in... This is going to get ugly until the market is saturated with liquidity and a huge portion of the total coins can be purchased.
sr. member
Activity: 462
Merit: 253
April 10, 2014, 07:26:25 PM
#12
I'm not sure I can believe that losing > 20% value in a day is "stress free" but whatever works for you. I would find long term holding 100% of the time extremely stressful

The market price is irrelevant if you believe Bitcoin will realise its long-term potential, and you did not invest more that you can afford to lose.
And it did not lose 20% value in a day, the price dropped 20%, that is quite different! It still is the superior currency.

I sat back with popcorn enjoying the entertainment from the panic and nervous sellers.  Grin

+1 Tongue
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
April 10, 2014, 07:26:13 PM
#11
Hodled shorts, and amusingly watching how prices tank.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
April 10, 2014, 07:24:38 PM
#10
I sat back with popcorn enjoying the entertainment from the panic and nervous sellers.  Grin
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
April 10, 2014, 07:24:04 PM
#9
You didn't include an option for "wait for it to hit $100 then go all in." Tongue

that is for the next poll, "green someday"  Tongue
sr. member
Activity: 280
Merit: 250
April 10, 2014, 07:23:19 PM
#8
To all the hodlers out there, Hodler is one of my favorite painters.



Ferdinand Hodler
sr. member
Activity: 252
Merit: 250
April 10, 2014, 07:22:19 PM
#7
I am officially calling today "black thursday". What did you do with your coins today (2014-04-10) ?

Hodled 100%, drank a glass of good mead, and still felt as sure as ever that the value (if not the price) of a bitcoin is well over ATH Smiley
How stress-free life is for long-term hodlers.

I'm not sure I can believe that losing > 20% value in a day is "stress free" but whatever works for you. I would find long term holding 100% of the time extremely stressful
full member
Activity: 126
Merit: 101
Be Here Now
April 10, 2014, 07:22:06 PM
#6
Need to add another value for the "didn't do anything/couldn't do anything" segment.
sr. member
Activity: 280
Merit: 250
April 10, 2014, 07:21:41 PM
#5
You didn't include an option for "wait for it to hit $100 then go all in." Tongue
sr. member
Activity: 462
Merit: 253
April 10, 2014, 07:20:26 PM
#4
I am officially calling today "black thursday". What did you do with your coins today (2014-04-10) ?

Hodled 100%, drank a glass of good mead, and still felt as sure as ever that the value (if not the price) of a bitcoin is well over ATH Smiley
How stress-free life is for long-term hodlers.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
April 10, 2014, 07:18:30 PM
#3
I sold 33%
Will buy back between 250 and 320 USD.
If we do not reach that exchange rate, I will buy back at 410 USD
sr. member
Activity: 252
Merit: 250
April 10, 2014, 07:17:53 PM
#2
I missed my last target to open short Cry

Now I just wait in fiat
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
April 10, 2014, 07:16:44 PM
#1
I am officially calling today "black thursday". What did you do with your coins today (2014-04-10) ?
Jump to: