Author

Topic: Fire sale! (Read 3980 times)

member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
April 04, 2014, 06:39:07 AM
#43
Right now there is fire buy !
full member
Activity: 126
Merit: 101
Be Here Now
April 04, 2014, 05:44:48 AM
#42
Like bad, bad internet porn commercials.

But here...enjoy these electronic Ms I'm sending you all from the future......


MMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

There's only 10 thousand people on the internet

And you can't make any money on it

And aren't you glad A/S/L has been replaced with LOL

LOLOL ahhh the internet...good times, good times...
full member
Activity: 126
Merit: 101
Be Here Now
April 04, 2014, 05:30:42 AM
#41
I used to know what that means.
During the .Com Bubble many experts talked about "a new way of valuing/evaluating companies."
This was important since it helped motivate people to pay insane prices for worthless web projects.

Don't worry Bitcoin really is different.



 Roll Eyes



https://www.youtube.com/watch?v=wGIGDsuWgMY

https://www.youtube.com/watch?v=JUs7iG1mNjI

https://www.youtube.com/watch?v=SIc7mJ8Tjxw

https://www.youtube.com/watch?v=znZ1RMdC9Z0

Do you want to be left behind when they all go to technology heaven?

https://www.youtube.com/watch?v=aEkCI7Og9bk


LOL to the ability to pay bills online without using a check!!! The dark ages of black and white printers is over! Brace yourselves for COLOR PRINTER, INK JET FOR UNDER 3 grand - and you can fax zomg...you know what they would be saying about 3D printers? It's the debil!!

And the kids sure will love video phones (slight delay - couple days on dial up but hey, it's technology, the future...1400 bucks yo)


The pager 120 characters...Twitter prototype.



https://www.youtube.com/watch?v=yCB6gUrma2c


Annnnd the same old same old fear mongering BS

https://www.youtube.com/watch?v=ezt0fV_g1Ew ZOMGAWD TEY IS MAKIN TEH SECKS



Now...someone who sees what you do not see...

https://www.youtube.com/watch?v=219YybX66MY


It's called the digital revolution for a reason.
legendary
Activity: 1176
Merit: 1010
Borsche
April 04, 2014, 04:19:56 AM
#40

After the crash that got rid of the weak companies...
My point was focused on the "investors" paying high prices for the weak companies.

If/since Bitcoin really is different, then the future is bright for BTC.
If there is a valid comparison ("people being motivated to pay insane prices"), then some of us could gain by learning from history.

You don't have to look hard to find people predicting $100,000 to $1,000,000/BTC, so it's a "debatable" example but not a bad one at all.
"Those who do not learn history are doomed to repeat it." ~George Santayana



As it was obvious during the 199x, the web was the future. Nobody knew that google will be the winner, but everybody knew the idea was here to stay, so were bidding insane amounts on contenders. I am not saying bitcoin is different - but the idea of digital currencies is, obviously, the future, in one form or another. From that point of view, no matter how many crashes we live through, the idea will come back. Maybe it won't be bitcoin - but right now, it is bitcoin, and there's nothing even remotely similar in terms of hashing power and network stability, so it's safe to say that at the moment, the digital currencies idea is mostly implemented in bitcoin, so investing into the future of finance equals investing in bitcoin. In 2011, everybody was aiming at 20 years for adoption. I still think this target (at least 10 years from now) should be the reference point for any investor.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 04, 2014, 04:02:32 AM
#39
new paradigm

You know what that means...

I used to know what that means.
During the .Com Bubble many experts talked about "a new way of valuing/evaluating companies."
This was important since it helped motivate people to pay insane prices for worthless web projects.

Don't worry Bitcoin really is different.  Cheesy

You know how .Com bubble ended right? After the crash that got rid of the weak companies, we now see world dominated by .Com - such a bad example Smiley

After the crash that got rid of the weak companies...
My point was focused on the "investors" paying high prices for the weak companies.

If/since Bitcoin really is different, then the future is bright for BTC.
If there is a valid comparison ("people being motivated to pay insane prices"), then some of us could gain by learning from history.

You don't have to look hard to find people predicting $100,000 to $1,000,000/BTC, so it's a "debatable" example but not a bad one at all.
"Those who do not learn history are doomed to repeat it." ~George Santayana

legendary
Activity: 1176
Merit: 1010
Borsche
April 04, 2014, 03:50:07 AM
#38
new paradigm

You know what that means...

I used to know what that means.
During the .Com Bubble many experts talked about "a new way of valuing/evaluating companies."
This was important since it helped motivate people to pay insane prices for worthless web projects.

Don't worry Bitcoin really is different.  Cheesy

You know how .Com bubble ended right? After the crash that got rid of the weak companies, we now see world dominated by .Com - such a bad example Smiley
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 04, 2014, 03:44:15 AM
#37
new paradigm

You know what that means...

I used to know what that means.
During the .Com Bubble many experts talked about "a new way of valuing/evaluating companies."
This was important since it helped motivate people to pay insane prices for worthless web projects.

Don't worry Bitcoin really is different.  Cheesy
legendary
Activity: 2338
Merit: 2106
April 04, 2014, 03:34:21 AM
#36
I am guessing by buying into dumb posts like OP is how the $1200 bagholders were created. And the $100k, $1m Bitcoin hypes. A fool tool and his money are soon parted.

This time last year people were talking about the $260 bagholders... perspective is everything

Yes they were bagholders. Missed out on having 4x additional coins in their portfolio. Perspective isn't everything. Several players will be out of this high stakes poker game forever because of the magnitude of bagholding this time.


What of the magnitude? In case you failed math in school, here's the magnitudes of all previous bitcoin crashes: $31 -> $2 = 94% selloff; $265 -> $50 = 81% selloff; $1200 -> $400 = 67% selloff. Bitcoin easily survived the first two, never have went below the previous ATH, minimum price has always quadrupled (or more) in a year. It will as easily recover from this one by the end of the year; just sit back and watch.

If you have any balls, this time next year you will be posting bitcoin praise. If you don't, well wtf you are doing here, this is a dangerous game Smiley


+1
legendary
Activity: 1176
Merit: 1010
Borsche
April 04, 2014, 03:28:39 AM
#35
I am guessing by buying into dumb posts like OP is how the $1200 bagholders were created. And the $100k, $1m Bitcoin hypes. A fool tool and his money are soon parted.

This time last year people were talking about the $260 bagholders... perspective is everything

Yes they were bagholders. Missed out on having 4x additional coins in their portfolio. Perspective isn't everything. Several players will be out of this high stakes poker game forever because of the magnitude of bagholding this time.


What of the magnitude? In case you failed math in school, here's the magnitudes of all previous bitcoin crashes: $31 -> $2 = 94% selloff; $265 -> $50 = 81% selloff; $1200 -> $400 = 67% selloff. Bitcoin easily survived the first two, never have went below the previous ATH, minimum price has always quadrupled (or more) in a year. It will as easily recover from this one by the end of the year; just sit back and watch.

If you have any balls, this time next year you will be posting bitcoin praise. If you don't, well wtf you are doing here, this is a dangerous game Smiley
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
April 04, 2014, 12:18:48 AM
#34
Oh also all gold holders are technically bag holders.....

True although the gold buffs can argue that they can hold their bags of Gold
Assuming the bag is made of gold foil  Cool
legendary
Activity: 1722
Merit: 1000
April 03, 2014, 08:42:53 AM
#33
Oh also all gold holders are technically bag holders.....
legendary
Activity: 1722
Merit: 1000
April 03, 2014, 08:41:58 AM
#32
I am guessing by buying into dumb posts like OP is how the $1200 bagholders were created. And the $100k, $1m Bitcoin hypes. A fool tool and his money are soon parted.

So true, you keep your fiat and tell us how hyperinflation feels.  Sure, believe all the happy unicorn and rainbows from the FED.
hero member
Activity: 924
Merit: 1000
April 02, 2014, 11:20:37 PM
#31


Amazing. I haven't watched this show in forever, but it's among the best I've seen.

I put my buy order in for more beer, am I doing it right?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 02, 2014, 10:49:29 PM
#30


Need to edit that one soon?
$420 is the new cheap.   Cheesy
hero member
Activity: 634
Merit: 500
April 02, 2014, 10:35:29 PM
#29
new paradigm

You know what that means...
hero member
Activity: 742
Merit: 500
Circle gets the Square
April 02, 2014, 09:53:13 PM
#28
I am guessing by buying into dumb posts like OP is how the $1200 bagholders were created. And the $100k, $1m Bitcoin hypes. A fool tool and his money are soon parted.

This time last year people were talking about the $260 bagholders... perspective is everything

Yes they were bagholders. Missed out on having 4x additional coins in their portfolio. Perspective isn't everything. Several players will be out of this high stakes poker game forever because of the magnitude of bagholding this time.



They were bagholders when their $260/btc investment became $1200/btc?
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
April 02, 2014, 09:50:16 PM
#27
I am guessing by buying into dumb posts like OP is how the $1200 bagholders were created. And the $100k, $1m Bitcoin hypes. A fool tool and his money are soon parted.

This time last year people were talking about the $260 bagholders... perspective is everything

Yes they were bagholders. Missed out on having 4x additional coins in their portfolio. Perspective isn't everything. Several players will be out of this high stakes poker game forever because of the magnitude of bagholding this time.

hero member
Activity: 742
Merit: 500
Circle gets the Square
April 02, 2014, 09:40:25 PM
#26
This is exciting (admittedly in the wrong way)... I'm watching my net worth dwindle at a rate of knots, but there's no denying it's exciting Smiley
sr. member
Activity: 502
Merit: 251
April 02, 2014, 09:39:20 PM
#25
Deep down, the Firesalers are trembling in fear right about now.
hero member
Activity: 742
Merit: 500
Circle gets the Square
April 02, 2014, 09:38:52 PM
#24
I am guessing by buying into dumb posts like OP is how the $1200 bagholders were created. And the $100k, $1m Bitcoin hypes. A fool tool and his money are soon parted.

This time last year people were talking about the $260 bagholders... perspective is everything
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
April 02, 2014, 09:36:39 PM
#23
^^It's a bit different when buying at the bottom of a final capitulation versus at the top of a massive runup.

Seriously?  Shocked
hero member
Activity: 924
Merit: 1000
April 02, 2014, 09:29:55 PM
#22
^^It's a bit different when buying at the bottom of a final capitulation versus at the top of a massive runup.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
April 02, 2014, 09:24:51 PM
#21
I am guessing by buying into dumb posts like OP is how the $1200 bagholders were created. And the $100k, $1m Bitcoin hypes. A fool tool and his money are soon parted.
legendary
Activity: 1692
Merit: 1018
April 02, 2014, 07:24:41 PM
#20
If you think bitcoin is having a fire sale, check out litecoin.  Down 45% or so from its peak a couple of weeks ago.   Shocked
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
April 02, 2014, 05:42:28 PM
#19
ROFL desperate bagholders 'dollar cost averaging' now.

Reminds me exactly of the Silver Stacking cult who couldnt spot the bubble.

LOL yes I am a bagholder since $4 BTC and LTC at $0.005.

I think we call that smart investing and not bagholding Smiley
Then again getting in now does feel like a bullish time in my opinion
sr. member
Activity: 502
Merit: 251
April 02, 2014, 05:32:35 PM
#18
ROFL desperate bagholders 'dollar cost averaging' now.

Reminds me exactly of the Silver Stacking cult who couldnt spot the bubble.

LOL yes I am a bagholder since $4 BTC and LTC at $0.005.

Yep, the bulltard pumpers typically fall into 2 categories - the snakeoil salesmen who got in early desperate to keep the price inflated, and the bagholders who got in late desperate to recoup their losses. Classic pyramid.
sr. member
Activity: 341
Merit: 250
April 02, 2014, 05:27:48 PM
#17
ROFL desperate bagholders 'dollar cost averaging' now.

Reminds me exactly of the Silver Stacking cult who couldnt spot the bubble.

LOL yes I am a bagholder since $4 BTC and LTC at $0.005.

This ain't the first time we're hearing this, are we? References to the bubble being popped. Remember when LTC crossed the $1 mark? It was like the world had change.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
April 02, 2014, 05:23:36 PM
#16
ROFL desperate bagholders 'dollar cost averaging' now.

Reminds me exactly of the Silver Stacking cult who couldnt spot the bubble.

LOL yes I am a bagholder since $4 BTC and LTC at $0.005.
sr. member
Activity: 502
Merit: 251
April 02, 2014, 03:17:15 PM
#15
ROFL desperate bagholders 'dollar cost averaging' now.

Reminds me exactly of the Silver Stacking cult who couldnt spot the bubble.
hero member
Activity: 504
Merit: 500
Moderator
April 02, 2014, 02:26:14 PM
#14
Bitcoin Foundation says thank you for holding their bags!
You´ll get a free membership if you buy 20 more.
sr. member
Activity: 462
Merit: 250
April 02, 2014, 02:22:19 PM
#13
Bought 8 500 dollar btc in the last 24 hrs.  Smiley

Fresh funds flowing into BTC!  Shocked

Cheap coin is cheap.  Grin

Buy low...sell high.  Cool

LOL.

If you can't recognise a market that is absolutely fkn tanking when you see one, then there is no helping you.

'Fire Sale' LOL!



Prob gonna buy 10 more today. What of it?  Cool
legendary
Activity: 1722
Merit: 1000
April 02, 2014, 02:08:03 PM
#12
Really, the average Joe has absolutely no reason whatsoever to use bitcoin. As long as you're not purchasing something illegal or trying to transact across international borders, using a credit card or paypal will be better 99% of the time for so many reasons.

Hummmmmmmmmmmmmmmmmmmmmmm the same reason they have to buy gold.  The value of the usd only goes one way.  You get punished for saving.....Like what the utter fak kind of world are living in..
full member
Activity: 350
Merit: 102
March 30, 2014, 03:05:27 AM
#11
i dont think so.. when more people accept it.. u can use ur bitcoins world wide.. safe and secure.. no need to carry bulk of cash in your bag while u travel..

and can use bitcoins to buy things at home online..

so if you dont own a business, likes to hold physical cash, dont travel, likes to stay at home, likes to pay interest to visa or master card.. yea.. u should not be here.. why made an account and create a FUD?


quit bitcoin =) yea but thats your problem.. other ppl will accept cuz they get paid straight within mins! thats smt good for business, pay lesser interest to visa and mastercard.. earn more profit = can do more things.. employ more workers, renovate more things, buy new cars, buy more gifts..

legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
March 30, 2014, 02:33:32 AM
#10
Really, the average Joe has absolutely no reason whatsoever to use bitcoin. As long as you're not purchasing something illegal or trying to transact across international borders, using a credit card or paypal will be better 99% of the time for so many reasons.
hero member
Activity: 840
Merit: 1000
March 30, 2014, 02:33:14 AM
#9
Bought 8 500 dollar btc in the last 24 hrs.  Smiley

Fresh funds flowing into BTC!  Shocked

Cheap coin is cheap.  Grin

Buy low...sell high.  Cool

LOL.

If you can't recognise a market that is absolutely fkn tanking when you see one, then there is no helping you.

'Fire Sale' LOL!

legendary
Activity: 896
Merit: 1000
March 30, 2014, 01:39:54 AM
#8
Never become a panic seller boys and girls.  The more people that want BTC the higher the price will go.. keep your passion for BTC and get others into it.

I was pleaded with to buy BTC at $70...

That may have been how things were in the past, but I think we're shifting into a new paradigm now. It seems that growth will have to come from other arenas.

There is still a lot of penetration with the general populace that can be gotten still yet, but it seems that it's now a matter of growth in the business realm. At least that's the way I see it.
sr. member
Activity: 406
Merit: 250
March 28, 2014, 10:29:39 PM
#7
legendary
Activity: 1722
Merit: 1000
March 28, 2014, 02:52:18 PM
#6
Never become a panic seller boys and girls.  The more people that want BTC the higher the price will go.. keep your passion for BTC and get others into it.

I was pleaded with to buy BTC at $70...
sr. member
Activity: 462
Merit: 250
March 28, 2014, 02:30:56 PM
#5

Easy double on my money by Q3

yea, if nothing major happens, it would be highly unrealistic with prices under $1k in summer imo

Glad we're on the same page. I see the first 100$ litecoin happening this year.
legendary
Activity: 2338
Merit: 1035
March 28, 2014, 02:29:13 PM
#4

Easy double on my money by Q3

yea, if nothing major happens, it would be highly unrealistic with prices under $1k in summer imo
sr. member
Activity: 462
Merit: 250
March 28, 2014, 02:24:34 PM
#3
legendary
Activity: 2338
Merit: 1035
March 28, 2014, 02:23:22 PM
#2
sr. member
Activity: 462
Merit: 250
March 28, 2014, 02:22:28 PM
#1
Bought 8 500 dollar btc in the last 24 hrs.  Smiley

Fresh funds flowing into BTC!  Shocked

Cheap coin is cheap.  Grin

Buy low...sell high.  Cool
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