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Topic: HODL - the synonym for I'm out of money but too greedy to sell. - page 4. (Read 9669 times)

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
most people spamming HODL

I prefer HOADR if you want to engage in a childish misspelling meme.

Buy. Hold. Buy more. Hold. Repeat.

Spend only when necessary.

Paper wallets FTW.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains.

That's some hubris you've got there, telling me (part of everybody) why I am involved with Bitcoin.

Inevitably, this hubris will collapse. Wink

Out of context it certainly looks that way.

What is the context? The speculation forum? Speculation and idealism aren't mutually exclusive! Smiley

The context of the rest of my post.

Just for you: everbodymost people spamming HODL, I don't say all of them, necessarily there might be a few who do it for various other reasons, but when it comes down to it, on the subconscious level I think it is true for the vast majority.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
I think on a bigger scale than you do. dont be such a know it all, because you cant predict every swing. afterall, we are talking about bitcoin, and the best traders make money in the long run not the short run.

why do you hodl fiat? why dont you try day trading forex.....? cos you will loooooseee

I dont know how small forex traders makes any profits ... they trade with minimal information (half order book) ... and against professionals blackbox and network hardware ( such as TCP/IP offload engines, http://www.bittware.com/media-center/video-library/financial-applications-overview , etc  ) sometimes they need to trade against their own broker ... the time they see price info ... loads of action already happened .. LoL ... I would prefer put my money on Shatoshi dice Grin
hero member
Activity: 826
Merit: 508
I think on a bigger scale than you do. dont be such a know it all, because you cant predict every swing. afterall, we are talking about bitcoin, and the best traders make money in the long run not the short run.

why do you hodl fiat? why dont you try day trading forex.....? cos you will loooooseee

This all depends on time frame. It is easy for the 2011 heads to preach holding. For those that got in 80000% later, it's a bit different. I never had six figures to put into bitcoin. I am up over 50x over buy-and-hold, and if I bought and held, I would have very little skin in this game. Fuck that.

"You" will lose? No -- the ones who preach holding are confident that "they" will lose.
legendary
Activity: 924
Merit: 1001
I think on a bigger scale than you do. dont be such a know it all, because you cant predict every swing. afterall, we are talking about bitcoin, and the best traders make money in the long run not the short run.

why do you hodl fiat? why dont you try day trading forex.....? cos you will loooooseee
legendary
Activity: 2338
Merit: 1035
newbie
Activity: 6
Merit: 0
...
What it boils down to is the price of Bitcoins has risen to such an extent that most people can't afford them. (notice the plural here guys!)
...

Most people who actually matter can afford them just fine.  They are still dirt cheap.  It is a problem to these folks, however, that a fair fraction of the currency base is held by small-time peons who's grip on their hodlings only tightens with each of the successive waves of valuation increases.  Cry me a river.

member
Activity: 84
Merit: 10
Hodlers will get burned:



I guess this depends on what timescale you're talking about. A quick scalding is quite different from a Joan of Arcing.
hero member
Activity: 1302
Merit: 502
Ok the HODL bullshit has gone long enough.

What it boils down to is the price of Bitcoins has risen to such an extent that most people can't afford them. (notice the plural here guys!)
This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains. From this perspective it even makes sense to spam the forum with HODL you are currently in the process of liquidating. Withdraw limits from the exchanges make it necessary to keep the charade up as long as possible.

Will Bitcoins be even more expensive in the future? Possibly.
Does the HODL bullshit have anything to do with it? Certainly not.

"What it boils down to is the price of ounces of gold has risen to such an extent over the past decade that most people can't afford them (notice the plural here guys!)"


hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
Hodlers will get burned:

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
people dont like 0.997664BTC, they want at least 1BTC.

Just like people not wanting $0.997664M. They want at least $1M.

 Roll Eyes
full member
Activity: 230
Merit: 100
well damn, considering I've lost every time I've sold, it seems pretty reasonable to me at this point to hold, or hodl or whatever.

I'd be glad to buy more if it dips considerably, but in the meanwhile, I'm holdering
sr. member
Activity: 644
Merit: 250
You don't have to hold 1BTC. The thing is people dont like 0.997664BTC, they want at least 1BTC. That is why it appears to be so expensive !
full member
Activity: 232
Merit: 100
I sometimes wonder if some people around here have ever invested in anything other than bitcoin.  The gains made last year are practically unheard of in anything else ever.  If my mutual funds make 20% in a year, that is a very good year.
legendary
Activity: 1120
Merit: 1012
This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains.

That's some hubris you've got there, telling me (part of everybody) why I am involved with Bitcoin.

Inevitably, this hubris will collapse. Wink

Out of context it certainly looks that way.

What is the context? The speculation forum? Speculation and idealism aren't mutually exclusive! Smiley
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
But about the price I really want to see how its going to be after all that new miners and hash power been delivered
legendary
Activity: 1639
Merit: 1006
I may be wrong... but I think your post is telling everyone to ........


HODL!!!!!!!!
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
Quote
Does the HODL bullshit have anything to do with it? Certainly not.

So whats the problem then ? We need to accept that some spartans will mine and then destroy their private keys ...

lol

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains.

That's some hubris you've got there, telling me (part of everybody) why I am involved with Bitcoin.

Inevitably, this hubris will collapse. Wink

Out of context it certainly looks that way.
legendary
Activity: 2576
Merit: 1087
Ok the HODL bullshit has gone long enough.

What it boils down to is the price of Bitcoins has risen to such an extent that most people can't afford them. (notice the plural here guys!)
This results in the current situation: Everybody is sitting on their capital gains and spam the HODL bullshit all over the forum in the hopes that other people don't realize their gains. From this perspective it even makes sense to spam the forum with HODL you are currently in the process of liquidating. Withdraw limits from the exchanges make it necessary to keep the charade up as long as possible.

Will Bitcoins be even more expensive in the future? Possibly.
Does the HODL bullshit have anything to do with it? Certainly not.

Damn straight I aint buying these expensive sons of bitches. But everyone else should cos they are going to the moon.
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