Pages:
Author

Topic: HODL - the synonym for I'm out of money but too greedy to sell. - page 5. (Read 9671 times)

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
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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.
Pages:
Jump to: