Do you plan to get out of bitcoin? - page 5.

inca

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Quote from: Torque on November 25, 2014, 12:25:05 PM

Quote from: thms on November 25, 2014, 12:23:31 PM

Quote from: Tzupy on November 25, 2014, 12:18:00 PM

I already posted this link in the wall observer thread, but nobody cared about the gist of it.
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/

when people lose hope you know it's the time to buy. I'll happily buy bitcoins at below $100 from the bag holders. Then I'll sell the same bitcoins for the same bagholders when 1BTC is $10,000

You're an idiot if you think bitcoin would recover from a crash to below $100 all the way up to $10K. If it would recover at all.

He will buy when the dam finally breaks and the price stairsteps higher. He will then mindlessly cheerlead the bull run and wonder why he didn't buy up coins in the 27x and 3xx range.

Torque

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Quote from: thms on November 25, 2014, 12:23:31 PM

Quote from: Tzupy on November 25, 2014, 12:18:00 PM

I already posted this link in the wall observer thread, but nobody cared about the gist of it.
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/

when people lose hope you know it's the time to buy. I'll happily buy bitcoins at below $100 from the bag holders. Then I'll sell the same bitcoins for the same bagholders when 1BTC is $10,000

You're an idiot if you think bitcoin would recover from a crash to below $100 all the way up to $10K. If it would recover at all.

thms

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Quote from: Tzupy on November 25, 2014, 12:18:00 PM

I already posted this link in the wall observer thread, but nobody cared about the gist of it.
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/

when people lose hope you know it's the time to buy. I'll happily buy bitcoins at below $100 from the bag holders. Then I'll sell the same bitcoins for the same bagholders when 1BTC is $10,000

Torque

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I think it's very telling when, with the exception of 1 or 2, the majority of posters on this thread are in reality just troll day traders.

Tzupy

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I already posted this link in the wall observer thread, but nobody cared about the gist of it.
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/

inca

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Quote from: Dafar on November 25, 2014, 12:03:16 PM

Quote from: RodeoX on November 25, 2014, 11:47:03 AM

I don't give a crap about price. I will be using bitcoin for the rest of my life. If you are just interested in dollars then by all means go.

What the fuck are you talking about..... you don't care if your purchasing power loses 70% of its value? I don't understand this mindset... what is the point if it's costing you money? This is not a good attitude to have and it's the kind of talk that will keep newcomers out because you sound like a delusional pro-bitcoin anarchist... to promote bitcoin it needs to help everyone, it needs to be useful and worth it to the common person... as it is designed as long as the price gradually goes up

Quote from: 1Referee on November 25, 2014, 12:00:45 PM

And if the price goes down I simply buy more

And one day you realize you lost all your money because the price never stopped going down, great plan

You trade your meagre savings away to nothing.

People holding bitcoin are what support its price by limiting the coins used to set the price. With just 1-2 million people using btc now what the general public do is irrelevent. It won't be the public who drive the next price jump, just a few million interested people globally. By the time Joe public gets onboard volatility will have smoothed considerably.

Try and keep up.

devphp

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There is a similar poll running here, but with more options:
https://bitcointalksearch.org/topic/bear-market-to-continue-thru-october-2015-852011

8up

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Quote from: Dafar on November 25, 2014, 12:03:16 PM

Quote from: RodeoX on November 25, 2014, 11:47:03 AM

I don't give a crap about price. I will be using bitcoin for the rest of my life. If you are just interested in dollars then by all means go.

What the fuck are you talking about..... you don't care if your purchasing power loses 70% of its value? I don't understand this mindset... what is the point if it's costing you money? This is not a good attitude to have and it's the kind of talk that will keep newcomers out because you sound like a delusional pro-bitcoin anarchist... to promote bitcoin it needs to help everyone, it needs to be useful and worth it to the common person... as it is designed as long as the price gradually goes up

Quote from: 1Referee on November 25, 2014, 12:00:45 PM

And if the price goes down I simply buy more

And one day you realize you lost all your money because the price never stopped going down, great plan

If he only invested what he can afford to loose easily, he can hold on bitcoin till "the end". I guess some traders simply can not understand this attitude, as they have a different perspective on what is happening in the world (don't want to say shortsighted here). For many people bitcoin is not about a quick buck, but about an evolvement of society.

Dafar

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dafar consulting

Quote from: RodeoX on November 25, 2014, 11:47:03 AM

I don't give a crap about price. I will be using bitcoin for the rest of my life. If you are just interested in dollars then by all means go.

What the fuck are you talking about..... you don't care if your purchasing power loses 70% of its value? I don't understand this mindset... what is the point if it's costing you money? This is not a good attitude to have and it's the kind of talk that will keep newcomers out because you sound like a delusional pro-bitcoin anarchist... to promote bitcoin it needs to help everyone, it needs to be useful and worth it to the common person... as it is designed as long as the price gradually goes up

Quote from: 1Referee on November 25, 2014, 12:00:45 PM

And if the price goes down I simply buy more

And one day you realize you lost all your money because the price never stopped going down, great plan

1Referee

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Price doesn't matter that much to me, I will not even sell my cold wallet coins if Bitcoin reaches $1000 tomorrow.

And if the price goes down I simply buy more

dinofelis

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Quote from: wobber on November 25, 2014, 11:41:29 AM

Do you plan to get out of bitcoin in the next 3 months with at least 70% of your holdings if you see no price increase?

I don't expect a significant price increase in 3 months time. Bitcoin is a long, long term investment. I would get out of bitcoin if there wasn't a price increase in 20 years :-)

RodeoX

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The revolution will be monetized!

I don't give a crap about price. I will be using bitcoin for the rest of my life. If you are just interested in dollars then by all means go.

inca

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As if by magic.

wobber

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Do you plan to get out of bitcoin in the next 3 months with at least 70% of your holdings if you see no price increase?

Topic: Do you plan to get out of bitcoin? - page 5. (Read 5725 times)