Topic: If it goes to $275, are you going to keep faith or just give up save the little. - page 4. (Read 10310 times)
January 02, 2015, 04:28:57 AM
Bitcoin (and altcoins) currently only represent about 10 percent of my wealth so I wouldn't be too devastated if it dropped to $275. That was April 2013's ATH. No way will I be leaving. This is too important.
January 02, 2015, 04:12:10 AM
if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat
January 02, 2015, 03:06:31 AM
Most likely i will buy 
Expect something very bad happened to bitcoin, i will sell as fast as possible
But, i hope that never happen
Expect something very bad happened to bitcoin, i will sell as fast as possible
But, i hope that never happen
Might aswell sell all your coins now with that mindset.
January 02, 2015, 01:50:00 AM
Mt Gox and China again!!, I really wish Mt Gox never happened, the price would be at $2000 or higher. People just lost hope when things like Mt Gox happended 
.
.Not much of a Gox fanboi myself, but it has driven bitcoin price since 2010. We could be trading ~$1 without it.
Gox was only a trading platform for bitcoin, if it was not there then someone else would have stepped in it's place.
January 01, 2015, 09:52:33 AM
Mt Gox and China again!!, I really wish Mt Gox never happened, the price would be at $2000 or higher. People just lost hope when things like Mt Gox happended .
.Not much of a Gox fanboi myself, but it has driven bitcoin price since 2010. We could be trading ~$1 without it.
January 01, 2015, 09:29:38 AM
Let's see why the price down first ? If just some stupid reason i'll buy more
But, if because something crazy maybe i just hold/sell all
But, i think bitcoin price won't fall to $275
But, if because something crazy maybe i just hold/sell all
But, i think bitcoin price won't fall to $275
Mt.Gox and China would be the main reasons, IMO. The former was probably the one that caused the most damage and eroded a fair bit of faith in BTC to people looking in from the outside.
Mt Gox and China again!!, I really wish Mt Gox never happened, the price would be at $2000 or higher. People just lost hope when things like Mt Gox happended
.China banning/unbanning bitcoin about five times would probably have stopped the price going to $2000 even without Mt Gox.
January 01, 2015, 09:25:40 AM
Let's see why the price down first ? If just some stupid reason i'll buy more
But, if because something crazy maybe i just hold/sell all
But, i think bitcoin price won't fall to $275
But, if because something crazy maybe i just hold/sell all
But, i think bitcoin price won't fall to $275
Mt.Gox and China would be the main reasons, IMO. The former was probably the one that caused the most damage and eroded a fair bit of faith in BTC to people looking in from the outside.
Mt Gox and China again!!, I really wish Mt Gox never happened, the price would be at $2000 or higher. People just lost hope when things like Mt Gox happended
. 
January 01, 2015, 04:29:29 AM
Let's see why the price down first ? If just some stupid reason i'll buy more
But, if because something crazy maybe i just hold/sell all
But, i think bitcoin price won't fall to $275
But, if because something crazy maybe i just hold/sell all
But, i think bitcoin price won't fall to $275
Mt.Gox and China would be the main reasons, IMO. The former was probably the one that caused the most damage and eroded a fair bit of faith in BTC to people looking in from the outside.
January 01, 2015, 01:33:12 AM
Let's see why the price down first ? If just some stupid reason i'll buy more
But, if because something crazy maybe i just hold/sell all
But, i think bitcoin price won't fall to $275
But, if because something crazy maybe i just hold/sell all
But, i think bitcoin price won't fall to $275
December 31, 2014, 06:55:04 PM
well users who simply got Bitcoin without too much of a cost, what will they do?
Some like the bearwhale will dump but others like Satoshi will hold.
December 31, 2014, 06:08:46 PM
I may be an idiot, but I'm all in. All my savings and half of my credit debt is all in bitcoin. If this ship sinks I'm as good as dead, but I know this ship ain't sinking.
The ship has been sinking since 1200. Where have you been??
December 30, 2014, 11:03:21 PM
well users who simply got Bitcoin without too much of a cost, what will they do?
December 30, 2014, 08:43:27 AM
I'll be a Bitcoiner until the technology is no longer used, or something better replaces it. Now, with that being said I am not going to be buying Bitcoin anytime soon, I feel like the value of Bitcoin is going to crash, but I will still be here.
December 21, 2014, 07:03:19 AM
I will try to keep my faith still, because it will prevail sometime...
December 21, 2014, 06:58:43 AM
I'll buy whilst cheap if funds allow.
December 21, 2014, 03:12:04 AM
I can't se the negative drivel you replied. I would wager it did not address any points in my post though!
And respectfully I will not quote it. Besides, I also have them on ignore though I sometimes peek. December 20, 2014, 02:13:08 PM
...I would wager it did not address any points in my post though!
Yes, yes you would. And lose. As usual.
Same boring shit, nothing worth mentioning, really.
Imagine living in a world where you are purposefully deaf to all criticism.
Now imagine this:
1. Ignoring someone
2. guessing what that someone said/didn't say
3. responding to that [ignored] someone, based on that [incorrect] guess.
Only on bitcointalk, folks.
December 20, 2014, 01:47:02 PM
Imagine living in a world where you are purposefully deaf to all criticism.
There is quite a difference between being deaf to criticism and choosing to ignore deliberate negativity. There are plenty of bears on here who I listen to.
December 20, 2014, 01:32:33 PM
...I would wager it did not address any points in my post though!
Yes, yes you would. And lose. As usual.
Same boring shit, nothing worth mentioning, really.
Imagine living in a world where you are purposefully deaf to all criticism.
December 20, 2014, 12:47:29 PM
While I accept that trading is oftentimes more based on mass psychology than actual facts, I still find the "gox effect" to be puzzling.
If there were about 800k coins that either didn't exist or had already been stolen and were elsewhere, then there was 800k of fake liquidity in the market. Now depending on how you like to define total liquidity, that would have been anywhere between 5 and 20 percent of total liquidity.
When this was exposed, this should have had the effect on the market of bitcoin BEING 5 to 20 percent rarer, since the pricing up until then had been based on those coins being available.
I know the willy bot would have had some effect on ultimate highs, but I'm not convinced that in it's absence we wouldn't have seen 90% of the peaks at least, because really, independent traders would have been trying to work toward the same effect.
Anyway, I guess the mass confidence loss in the market due to gox shenanigans has had a big effect, thing is, when that confidence is back, that 5-20% of liquidity is still missing, so there seems to my mind a theoretical possibility that the market could see unprecedented rises.
You are probably correct about confidence in bitcoin being lost as a result of gox. It also probably resulted in many people not having a way to store bitcoin that they were comfortable with (as they fear they cannot properly secure their bitcoin on their own and must use an exchange with now questionable security as a bank). If there were about 800k coins that either didn't exist or had already been stolen and were elsewhere, then there was 800k of fake liquidity in the market. Now depending on how you like to define total liquidity, that would have been anywhere between 5 and 20 percent of total liquidity.
When this was exposed, this should have had the effect on the market of bitcoin BEING 5 to 20 percent rarer, since the pricing up until then had been based on those coins being available.
I know the willy bot would have had some effect on ultimate highs, but I'm not convinced that in it's absence we wouldn't have seen 90% of the peaks at least, because really, independent traders would have been trying to work toward the same effect.
Anyway, I guess the mass confidence loss in the market due to gox shenanigans has had a big effect, thing is, when that confidence is back, that 5-20% of liquidity is still missing, so there seems to my mind a theoretical possibility that the market could see unprecedented rises.
In regards to the willy bot, I am fairly certain that it was nothing more then a tool for large investors to be able to buy large amounts of bitcoin with real money without clearing the offers in the order book and sending the price to ridiculous levels.
Jump to: