im out. - page 2. | Bitcointalksearch.org

600watt

legendary

Activity: 2338

Merit: 2106

I was doing groceries at a local supermarket, saturday afternoon = rush hour, long lines at the cashiers. got bored and checked the charts. sub 330 prices flashing, and it hit me like a hammer that i had a $XX k buy order sitting at the upper 320ies. (i went out @ about 400 and had set the buy back order so deep that i was sure, we would never hit it.)

So there i was standing at this fkn supermarket queue, shitting in my pants, scrambling out my pad, freaking out trying to find the bitstamp password, holding my mobile for 2factor, completely unable to handle, collect, pay for the groceries, giving all the others a nice show, getting everyone upset, shouting

" I FUCKIN NEED TO CANCEL MY ORDERS !!11!!

well... found out i was late...

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: BTCtrader71 on October 04, 2014, 12:09:07 PM

...
Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

>Fundamentals for an unbacked currency outside of a closed economy.

Bro, you even money?

williamevanl

sr. member

Activity: 404

Merit: 253

Quote from: ssmc2 on October 04, 2014, 12:34:38 PM

Quote from: williamevanl on October 04, 2014, 12:29:18 PM

Quote from: BTCtrader71 on October 04, 2014, 12:09:07 PM

Quote from: Xiaoxiao on October 04, 2014, 11:41:32 AM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect. i forgot what they call it in economics.

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Price is down from what it was but it's still way higher than it should be.

The market will decide what it "should be". And it will be significantly higher than you think. Hodl.

and buy Grin

You are absolutely right which is why the price will continue doing what it is. (dropping to where it should be) I don't know what that is but wouldn't be shocked if it were closer to a 50 million market cap and not 5 billion!

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: williamevanl on October 04, 2014, 12:29:18 PM

Quote from: BTCtrader71 on October 04, 2014, 12:09:07 PM

Quote from: Xiaoxiao on October 04, 2014, 11:41:32 AM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect. i forgot what they call it in economics.

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Price is down from what it was but it's still way higher than it should be.

The market will decide what it "should be". And it will be significantly higher than you think. Hodl.

and buy Grin

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: BTCtrader71 on October 04, 2014, 12:09:07 PM

Quote from: Xiaoxiao on October 04, 2014, 11:41:32 AM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect. i forgot what they call it in economics.

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Exactly. So sad to see the greed and fear mechanics play out so predictably. So many will lose and a few seasoned whales will make out like bandits.

blitzbad

newbie

Activity: 14

Merit: 0

Quote from: williamevanl on October 04, 2014, 12:29:18 PM

Quote from: BTCtrader71 on October 04, 2014, 12:09:07 PM

Quote from: Xiaoxiao on October 04, 2014, 11:41:32 AM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect. i forgot what they call it in economics.

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Price is down from what it was but it's still way higher than it should be.

true, that's why bitcoin is going to drop lower and lower then the final capitulation!

bitcoin will drop back to where it came from at $0.01 or $0.0001 then stay around there for a while and get out off sight slowly and eventully die

Quote from: NotLambchop on October 04, 2014, 12:32:40 PM

Quote from: kwukduck on October 04, 2014, 11:54:39 AM

Yep... I'm out of fiat too, all in BTC now.
Funny how this dead technology works so well still

Depends on what you mean by "works." Certainly not as a store of value Undecided

works = get poor quick

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: kwukduck on October 04, 2014, 11:54:39 AM

Yep... I'm out of fiat too, all in BTC now.
Funny how this dead technology works so well still

Depends on what you mean by "works." Certainly not as a store of value Undecided

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: cypherdoc on October 04, 2014, 12:04:15 PM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

Haha, got me!

williamevanl

sr. member

Activity: 404

Merit: 253

Quote from: BTCtrader71 on October 04, 2014, 12:09:07 PM

Quote from: Xiaoxiao on October 04, 2014, 11:41:32 AM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect. i forgot what they call it in economics.

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

Price is down from what it was but it's still way higher than it should be.

patt0

legendary

Activity: 1694

Merit: 1005

Betting Championship betking.io/sports-leaderboard

Quote from: riiiiising on October 04, 2014, 11:57:13 AM

Right. The fundamentals have not changed, that's what falllling and his alt accounts don't understand. Has the protocol been broken? Noo, sir.

This is amazing opportunity to get cheap coins. All you do now is hold and be rich man in a few short years Cheesy

Can't wait! xD

But as others said, adoption has increased and good news have come, so why are we still falling? I want my yacht today! xD
Is it someone forcing the price down to buy cheap, or is no one buying?

BTCtrader71

hero member

Activity: 784

Merit: 1001

Quote from: Xiaoxiao on October 04, 2014, 11:41:32 AM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect. i forgot what they call it in economics.

Price down, fundamentals strong ... in economics, they call that a "buying opportunity"

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

Haha, got me!

riiiiising

full member

Activity: 336

Merit: 100

Right. The fundamentals have not changed, that's what falllling and his alt accounts don't understand. Has the protocol been broken? Noo, sir.

This is amazing opportunity to get cheap coins. All you do now is hold and be rich man in a few short years Cheesy

kwukduck

legendary

Activity: 1937

Merit: 1001

Yep... I'm out of fiat too, all in BTC now.
Funny how this dead technology works so well still

anu

legendary

Activity: 1218

Merit: 1001

RepuX - Enterprise Blockchain Protocol

Quote from: wobber on October 04, 2014, 11:40:28 AM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

What if this time is different and bitcoin is dying for sure?

Not only is Bitcoin dead. It will die at least 3 more times before 2020.

blitzbad

newbie

Activity: 14

Merit: 0

Quote from: wobber on October 04, 2014, 11:40:28 AM

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

What if this time is different and bitcoin is dying for sure?

then he will be the last bag holder and GAME OVER, all his money gone to some one dumped before he does

Quote from: riiiiising on October 04, 2014, 11:42:27 AM

Good call! Once Manbearpigwhale gets the weak hands to sell, we will be going to the moon on our rock ship!

I have never seen such a low sentiment, this means a reversal is coming. And the further we fall, the quicker the slingshot back up will be (this was articulated by Risto)

As long as you keep holding, you can't lose. you only lose when you sell for worthless paper money.

Quote from: ravenjt on October 03, 2014, 09:42:22 AM

Quote from: JimboToronto on October 03, 2014, 09:33:50 AM

You only lose when you sell for less than you paid.

Nobody has ever lost money by holding.

It is incredible how many people on this forum have convinced themselves that this is the case.

Fundamentally, the value of the assets we hold is the amount of utility they can provide, in terms of consumption goods.
Consumer price inflation measures the buying power of fiat.
The current BTC/USD price, adjusted for consumer price inflation (which is tiny compared to BTC/USD volatility), tells you the buying power of BTC.
That buying power has crashed.
You definitely have made a loss, even if you haven't actually sold.

riiiiising

full member

Activity: 336

Merit: 100

Good call! Once Manbearpigwhale gets the weak hands to sell, we will be going to the moon on our rock ship!

I have never seen such a low sentiment, this means a reversal is coming. And the further we fall, the quicker the slingshot back up will be (this was articulated by Risto)

As long as you keep holding, you can't lose. you only lose when you sell for worthless paper money.

Xiaoxiao

legendary

Activity: 1274

Merit: 1000

The Golden Rule Rules

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

this time its difference. adoption has occurred, good news has occurred... and it has reversal effect. i forgot what they call it in economics. how the final bubble is different tho it looks like previous patterns.

wobber

legendary

Activity: 1064

Merit: 1001

Quote from: lebing on October 04, 2014, 11:39:47 AM

Nope. Yawn. Hodling cause I have been through this before 4x.

What if this time is different and bitcoin is dying for sure?

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Nope. Yawn. Hodling cause I have been through this before 4x.

Topic: im out. - page 2. (Read 3093 times)