Topic: Don't sell your bitcoins while it's falling! - page 2. (Read 3034 times)

The sellers are morons. It's a bear trap!!!!!!!! 

Wild volatility is not good for any currency, trade, investment, store of value etc. That's why the FOREX market is so boring. Those currencies rarely move more than 1-2% in a day.

btw, nice avatar.  i have that t-shirt

I 'm a true believer in bitcoin and i also believe that volatility hurts the currency badly. Obviously people will get angry when they lose money but they 'll also calm down in the next rise 

You've already paid...  you've already paid marvelously...

Don't believe anything on the internet!
At least do some research. Study some economics, finance etc. than invest in cryptocurrencies. It's your own decision to sell or buy whenever you want. Follow the market but don't listen to everyone in the forums.

Thanks for the psychological evaluation.  How much do I owe you?

How is saying what is factual, that every previous speculative bubble has collapsed in on itself, insulting or inflammatory?  You deem it insulting and inflammatory b/c of your own emotions and your reaction to my comments.  I've never insulted anyone, ie calling anyone an idiot, stupid for buying btc's etc.  i did laugh at Atran94's comment b/c it specifically illustrated the EXACT point I had made a few posts ago that any comments made by someone who is short term bearish or pointing out that btc resembles previous bubbles elicits an angry response.

I am not a troll.  I am just saying I have experienced the exact same reaction when I felt that the real estate market was in a bubble in 2007 and when I said Apple seemed overpriced and due for a sell off as it was climbing to $704 in 2012.  Whenever I posted something in an article's comments section or on a forum on those topics, I got the same reaction both times.  Everyone said no way, not gonna happen, you have no idea of what you're talking about etc. etc.  Some reacted angrily (Apple fanboys were particularly unhappy) and most laughed it off or said it was ridiculous.

And btw, as far as animals go, I have 2 dogs.  So you're way off there Dr. Freud.

This is my way of thinking. What I think btc "believers" should be worried about right now is not achieving the 2-3k bitcoin, no matter how much my coffers may subsequently smile. Instead, let's worry about stabilizing the value of the curreny so that people set prices in terms of bitcoin rather then setting the price in dollars and then converting to bitcoin based on the latest mtgox numbers. I want to be able to walk into a coffee shop and buy a cup of coffee for x bitcoins rather than $x = y btc @ exchange-rate z.

If we can do that (be it with bitcoins, altcoins, litecoins, WHATEVER!), then we can finally decouple the dollar from its position as the reserve currency of the world and the purpose of crypto-currency can truly shine. But in order to do this, we've got to find a way to change people's perspective on what to do with bitcoins.

Newbies, please note the persecution troll.  Persecution trolls claim to be persecuted so they can justify making inflammatory remarks and insulting others, then claiming further persecution when they are called on their actions.  They are common on forums and usually haunt topics where people take themselves and their beliefs too seriously.  Further, they are often accepted by those that wish to be antagonized in a complementary attempt to feel justified in holding their position.  So, attempting to tell others to stop feeding them usually does no good.

Just remember that the comments are meant to reduce people to the mental level of vermin by kicking their emotions into overdrive, drowning out their reason, and then laughing as they squirm.  Think sadistic kid with a small animal and a firecracker that harps on how tough his life is before and after he gets caught...

HA HA!  Your response just proved my point.  Btc true believers are in the ANGER/DENIAL stage.  In this stage anyone who has a short term bearish view and/or who dares question their almost religious belief is attacked with ferocity, rage and ridicule. 

Only people who are losing money on their investment get that angry!

Thank you for your kind thoughts but may I respectfully request you to fuck off?

I don't disagree that btc may someday become a medium of exchange that replaces highway robbers like Western Union or Money Gram, but at this moment in time, it is caught in a classic speculative mania/bubble.

I think going long now is like trying to catch a falling knife.  You will get hurt.  If the bubble follows the chart I posted, and it should, then there's a long way to go until btc hits bottom and true believers are in the DESPONDENCY stage.  Only then will it be time to buy at the "point of maximum financial opportunity".

https://twitter.com/YachtsOnTheReg/status/409383193796550656/photo/1

Bitcoin is going to have a hard time controlling its volatility, which it will need to do in order for it to become a real currency.

I'm holding on to mine and "going long" as they say...

I might be naive, but I believe in the longterm potential of BTC as a legitimate form of currency.

yes more sales  means falls faster

It is already easy to buy and sell bitcoin now...

Im selling a little bit below market... time to get out of game to many rollercoasters.

I am a trusted seller of btc and ltc if you want awesome prices and someone who the escrow danny will vouch for me.. I do two forms of payment WU, MP because that is the only way I Can trust you from not messing my paypal account up! I also provide photo id from the gov't for my security clearance! Let me know if you need anything.
9717174798
Michael

I completely agree! Should wait it out! but 2-3k for 1btc in months from now that would be pretty sweet!

No skin off my ass if you don't bother looking.  I have never owned one CENT of btc.  I am NOT short and I don't plan on ever shorting btc.

"Those who don't learn from history are doomed to repeat it."

Oh no, Denial Stage. I guess what graph you are talking about even without clicking your link.

But thank you for wanting to save us money, others would just spread FUD to make profit...

This is my second post on this forum, but I've been warning people on other sites and Twitter that at this time BTC is in a bubble, but no one wanted to listen.  I was attacked ferociously for my short term bearish view.  That is one of the SUREST signs that a bubble is about to pop.  The "true believers" attack any opposing view as ridiculous.

Look at this chart showing the stages of a bubble.  BTC believers defending this drop as no big deal, buying opportunity, from weak hands to strong hands etc. etc.  THIS IS THE DENIAL STAGE.  Long way to go before believers hit DESPONDENCY.

https://twitter.com/YachtsOnTheReg/status/409383193796550656/photo/1