Funny to hear from a authentic low-activity-noob.
an authentic low activity noob who has kept his money...and actually made thousands on the way down also.
...whereas you chumps are all well underwater.
Especially you Cyberlight, another reliable idiot, calling the bottom and predicting bullish break-outs all the way down from $1000. Do you now get embarrassed by being wrong all the time? Have you no shame? If I were you I would just shut the fuck up until the charts started to compliment your limited one dimensional take on Bitcoin again. When that happens, I will certainly change my tune, why can't you change yours?
Are you sure?
I'm 100% (of what I am willing to invest in total) in BTC at this moment. This can change within a moment of course, but I have been all-in for most of the time since the December peak. My total in BTC is now about 2.4 times as high as back then as the result of trading, which makes my holdings worth expressed in USD about 40% higher than at peak (using the intraday 1d median price on Bitstamp to calculate my portfolio worth).
In other words, you can believe in those shiny little coins and not land, as you call it, "well underwater".
Well, the fact is that everybody who bought and held BTC any time between its inception (2009) and October 2013 (just three months ago) is looking at a huge profit. Its quite delusional and stupid to say generally to this community "you chumps are well underwater"
In his defense, that's kind of his argument: that those of us who (luckily) got in early enough are preaching buy & hold, and while the new entrants are the bagholders.
Problem is, this response is typical for each post-ATH bear market... I hope he sticks around long enough to see that we'll see another ATH, and then another, and so on. Might take a year, though probably less, but BTC hasn't reached its final valuation yet -- not that there ever will be one, but perhaps we'll stay within an order of magnitude at least at some point
Of course its a typical response: do you remember the Wall Observer in May/June/July? And during the second half of 2011 there were dozens of posts about how the early adopters were milking the bagholders, how they were going to dump everything and bring the price to 0, etc. etc. etc.
I guess MatTheCat didn't use the search function
In his defense I will say that he has a sense of drama and I find his posts entertaining, some times he makes good points and some of his posts are hilarious
