Author

Topic: is anyone else as stupid as me to still hodl? (Read 5432 times)

hero member
Activity: 526
Merit: 500
January 15, 2015, 09:05:24 PM
#97
Not just "anyone" but MOST people are still holding.  The trading volume is made up of mostly speculators but most Bitcoin users and pretty much all "believers" are in it for the long term.  So you can bet they are holding.
hero member
Activity: 784
Merit: 500
I do. Decided to go all the way to the bottom if bitcoin decides to turn its back on me and die.
I refuse to sell it for $150, I know it's worth much more and don't care that nobody wants to pay more at the moment.

The price is already shooting back up. Anyone selling at 150 will probably end up buying back in a lot higher.

Why do you assume the only choice is to be bullish?  

If you are longterm bearish it is based on unforeseeable factors. If you are bullish it is based on a realistic assessment of Bitcoin's potential.

   Bearish in the short term is reasonable, but pointless, since it only really leads to speculation, which is ultimately harmful to the community. You may win in the short term, but eventually someone with more money will come along and eat you alive. Unless you're the Rothschild's financing both sides of WW 3. And if you keep your money in a bank, you are helping them do it.

   Anyway, those are some reasons being a bull is the best option.

   Considering the wildlife, bulls can survive in the wild or domesticated, while bears don't do well cohabiting with humans. So bulls are likely to do alright regardless of how human civilization fares.

If you want to make money trade with the trend.  Right now that's shorting the pops
sr. member
Activity: 350
Merit: 250
Honest 80s business!
It was really really hard over the last days not to panic sell. I wonder how many people sold around $170 and are now buying back, panicking. Maybe we'll go back into the $100s again, just so they can lose some more coins. It's sad, but this is how the human brain works. It's not always on our side.

You and I both. I sold and took a large profit after the $1000+ pump and then re-bought back in at $500 with principle and post-pump earnings. Needless to say, it's been a rough year and with the recent declines, it's even harder not to pull the sell trigger.

Making money on BTC is nice, but I got in initially as an investment store for extra cash I was tired of making .0000000001% on through my savings account. I don't worry as much about the price as I do the exchanges folding and with few places to spend it yet. I'd really like to see the infrastructure grow to use it. I hear Uber may be collaborating with Coinbase...

If bitstamp had done a gox I bet all the clever traders would have wished they had held in their own wallets. I would rather take a virtual loss when bitcoin's price tanks than lose the lot in a folding exchange.

Absolutely. My coins are kept in my own personal wallet. No way would I trust them to anything or anyone else. As for the exchange, I was inferring about them folding and me having no where to buy them (besides locally) or no where to buy merchandise from large scale retailers (most companies go through an exchange instead of processing the transactions themselves).

Yeah, all the insisting on keeping coins safe in offline wallets and in addresses under your control, we of course need reputable exchanges you can safely use in order to buy new coins. Exchanges going under and making the news in CNN aren't exactly good PR for Bitcoin.
full member
Activity: 420
Merit: 117
It was really really hard over the last days not to panic sell. I wonder how many people sold around $170 and are now buying back, panicking. Maybe we'll go back into the $100s again, just so they can lose some more coins. It's sad, but this is how the human brain works. It's not always on our side.

You and I both. I sold and took a large profit after the $1000+ pump and then re-bought back in at $500 with principle and post-pump earnings. Needless to say, it's been a rough year and with the recent declines, it's even harder not to pull the sell trigger.

Making money on BTC is nice, but I got in initially as an investment store for extra cash I was tired of making .0000000001% on through my savings account. I don't worry as much about the price as I do the exchanges folding and with few places to spend it yet. I'd really like to see the infrastructure grow to use it. I hear Uber may be collaborating with Coinbase...

If bitstamp had done a gox I bet all the clever traders would have wished they had held in their own wallets. I would rather take a virtual loss when bitcoin's price tanks than lose the lot in a folding exchange.

Absolutely. My coins are kept in my own personal wallet. No way would I trust them to anything or anyone else. As for the exchange, I was inferring about them folding and me having no where to buy them (besides locally) or no where to buy merchandise from large scale retailers (most companies go through an exchange instead of processing the transactions themselves).
sr. member
Activity: 316
Merit: 250
It was really really hard over the last days not to panic sell. I wonder how many people sold around $170 and are now buying back, panicking. Maybe we'll go back into the $100s again, just so they can lose some more coins. It's sad, but this is how the human brain works. It's not always on our side.

You and I both. I sold and took a large profit after the $1000+ pump and then re-bought back in at $500 with principle and post-pump earnings. Needless to say, it's been a rough year and with the recent declines, it's even harder not to pull the sell trigger.

Making money on BTC is nice, but I got in initially as an investment store for extra cash I was tired of making .0000000001% on through my savings account. I don't worry as much about the price as I do the exchanges folding and with few places to spend it yet. I'd really like to see the infrastructure grow to use it. I hear Uber may be collaborating with Coinbase...

If bitstamp had done a gox I bet all the clever traders would have wished they had held in their own wallets. I would rather take a virtual loss when bitcoin's price tanks than lose the lot in a folding exchange.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
It was really really hard over the last days not to panic sell. I wonder how many people sold around $170 and are now buying back, panicking. Maybe we'll go back into the $100s again, just so they can lose some more coins. It's sad, but this is how the human brain works. It's not always on our side.

You and I both. I sold and took a large profit after the $1000+ pump and then re-bought back in at $500 with principle and post-pump earnings. Needless to say, it's been a rough year and with the recent declines, it's even harder not to pull the sell trigger.

Making money on BTC is nice, but I got in initially as an investment store for extra cash I was tired of making .0000000001% on through my savings account. I don't worry as much about the price as I do the exchanges folding and with few places to spend it yet. I'd really like to see the infrastructure grow to use it. I hear Uber may be collaborating with Coinbase...

Well if you're in it for the mid- or long-run, you should definitely keep your BTC off-exchange. Only keep BTC in an address whose private key you hold (and only you). It's hard for traders to do that, but if you're only trading at bigger intervals, this is the way to go.
full member
Activity: 420
Merit: 117
It was really really hard over the last days not to panic sell. I wonder how many people sold around $170 and are now buying back, panicking. Maybe we'll go back into the $100s again, just so they can lose some more coins. It's sad, but this is how the human brain works. It's not always on our side.

You and I both. I sold and took a large profit after the $1000+ pump and then re-bought back in at $500 with principle and post-pump earnings. Needless to say, it's been a rough year and with the recent declines, it's even harder not to pull the sell trigger.

Making money on BTC is nice, but I got in initially as an investment store for extra cash I was tired of making .0000000001% on through my savings account. I don't worry as much about the price as I do the exchanges folding and with few places to spend it yet. I'd really like to see the infrastructure grow to use it. I hear Uber may be collaborating with Coinbase...
sr. member
Activity: 350
Merit: 250
Honest 80s business!
It was really really hard over the last days not to panic sell. I wonder how many people sold around $170 and are now buying back, panicking. Maybe we'll go back into the $100s again, just so they can lose some more coins. It's sad, but this is how the human brain works. It's not always on our side.
sr. member
Activity: 378
Merit: 254
...Considering the wildlife, bulls can survive in the wild or domesticated, while bears don't do well cohabiting with humans. So bulls are likely to do alright regardless of how human civilization fares.

Filthy bovines in the wild are a menace & must be shot on sight:
"In just a few decades, the cows wreaked havoc on Hawaiian settlements. A bull’s horns can grow as large as six feet across, and reports of cows destroying thatched houses, rampaging over farms, and injuring and killing people and horses were common. Scottish botanist David Douglas, for whom the Douglas fir is named, was killed by a wild Hawaiian bull in 1834."

Domestic bulls are good for two things only: Boning cows and going to the slaughter.

Disgusting animal, bull.  Eats own vomit.  The nerve, comparing filthy bull to the noble, majestic bear Angry
hero member
Activity: 728
Merit: 500
I do. Decided to go all the way to the bottom if bitcoin decides to turn its back on me and die.
I refuse to sell it for $150, I know it's worth much more and don't care that nobody wants to pay more at the moment.

The price is already shooting back up. Anyone selling at 150 will probably end up buying back in a lot higher.

Why do you assume the only choice is to be bullish?  

If you are longterm bearish it is based on unforeseeable factors. If you are bullish it is based on a realistic assessment of Bitcoin's potential.

   Bearish in the short term is reasonable, but pointless, since it only really leads to speculation, which is ultimately harmful to the community. You may win in the short term, but eventually someone with more money will come along and eat you alive. Unless you're the Rothschild's financing both sides of WW 3. And if you keep your money in a bank, you are helping them do it.

   Anyway, those are some reasons being a bull is the best option.

   Considering the wildlife, bulls can survive in the wild or domesticated, while bears don't do well cohabiting with humans. So bulls are likely to do alright regardless of how human civilization fares.
sr. member
Activity: 374
Merit: 250
I'm still holding  Grin
hero member
Activity: 784
Merit: 500
I do. Decided to go all the way to the bottom if bitcoin decides to turn its back on me and die.
I refuse to sell it for $150, I know it's worth much more and don't care that nobody wants to pay more at the moment.

The price is already shooting back up. Anyone selling at 150 will probably end up buying back in a lot higher.

Why do you assume the only choice is to be bullish? 
sr. member
Activity: 316
Merit: 250
I do. Decided to go all the way to the bottom if bitcoin decides to turn its back on me and die.
I refuse to sell it for $150, I know it's worth much more and don't care that nobody wants to pay more at the moment.

The price is already shooting back up. Anyone selling at 150 will probably end up buying back in a lot higher.
sr. member
Activity: 256
Merit: 250
Just buy $1 worth of BTC, you wont be disappointed either direction BTC goes. *Shruggs*
full member
Activity: 230
Merit: 100
You know, bitcoin is much bigger news these days than in 2011. Much more investors are reading about it. This could mean one of two outcomes -

Some investors from wall street will read the news and stay the fuck away from it for good, while others might see this massive correction is going to upswing if bitcoin doesn't die. So, I can imagine the second group will be checking signs of life in the next few weeks. If it doesn't completely collapse (I don't think it will) some of those guys are going to buy in for the long term. If it starts to upswing, we could see more of them pile in.

I'm thinking that the second possibility is stronger than the first, so I'm holding for now. If it all collapses, then I accept the consequences and move on.
sr. member
Activity: 860
Merit: 253
SmartFi - EARN, LEND & TRADE
Everyone was saying they would spend all they have as soon as it hit 220 or lower, now look at most of you! "We're far from the bottom", If you're a fortune teller, by al means let me know what the bottom will be, when we hit it, and when we hit the top. Also please advice on stock market, i'll be happy to pay for these services .
full member
Activity: 357
Merit: 130
I have been spending BTC recently, fuck hodling.
full member
Activity: 124
Merit: 100
yeah, yeah, keep hodling  Grin
legendary
Activity: 1610
Merit: 1183
still holding, all the way until zero, then i'll probably dump...
Same, im holding until 0. Why? well, dont got much to lose... but a lot of people out there has a lot to lose so I understand the fear. Nobody say it would be easy tho.
legendary
Activity: 1092
Merit: 1000
I'm selling. And then shorting. Been that way for a bit though.

If you're still long, you better be in the LONG term because it aint going back $500 anytime soon.




how long is a longtime ?? we saw it rocket up to almost 500 only a few weeks ago from these kinds of lows.
legendary
Activity: 1067
Merit: 1000
I'm selling. And then shorting. Been that way for a bit though.

If you're still long, you better be in the LONG term because it aint going back $500 anytime soon.


Shorting after the price gone down this much is a little risky.
legendary
Activity: 1064
Merit: 1001
YES.
hero member
Activity: 742
Merit: 500
okay, honestly. maybe. If I did sell at around $500+. it would be great. I have like 2-3 BTC still sitting. Sold a btc when it was $600. But I see no point in selling now. It could break $300 again. Too quick. call it stupidity I am hodling.

Yeah, well the price might as well hit $100. But fuck it. $225 and $100 has no difference. It might hit $220 again in a week or two.

Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes

The smart move is to be buying more (and also trading) to dramatically lower your average cost.
I disagree completely. You should not be buying any Bitcoin at this price. Not a single one. We are far from the bottom.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
okay, honestly. maybe. If I did sell at around $500+. it would be great. I have like 2-3 BTC still sitting. Sold a btc when it was $600. But I see no point in selling now. It could break $300 again. Too quick. call it stupidity I am hodling.

Yeah, well the price might as well hit $100. But fuck it. $225 and $100 has no difference. It might hit $220 again in a week or two.

Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes

The smart move is to be buying more (and also trading) to dramatically lower your average cost.
donator
Activity: 784
Merit: 1000
Bitcoin is risky investment in experimental technology.
Those greedy monkeys who expected insane profits in short time and sold their houses to get in with maximum leverage deserve being burnt and lost everything. They are just food for market sharks.

Those, who invested as much as they can afford to lose and have patience being calm and wait for years, will eventually win.
sr. member
Activity: 860
Merit: 253
SmartFi - EARN, LEND & TRADE
Of course hold! I think this is the best chance you'll get if you are not deep into Bitcoin yet to get started and buy some. I keep buying even though I already have a substantial amount.
hero member
Activity: 770
Merit: 629
If you're still long, you better be in the LONG term because it aint going back $500 anytime soon.

That was my idea when buying a few coins from the start: to hold them 15 - 20 years at least.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
I'm selling. And then shorting. Been that way for a bit though.

If you're still long, you better be in the LONG term because it aint going back $500 anytime soon.
sr. member
Activity: 308
Merit: 250
still holding, all the way until zero, then i'll probably dump...

What an exit plan! Strangely, it is also my backup plan Cheesy
sr. member
Activity: 350
Merit: 250
if it goes down to $10. so be it. I indeed wasted time and money here. That is all. Not much really. about around $1000 i guess. I will forget about it anyway.
newbie
Activity: 40
Merit: 0
Not stupid.  If it is stupid to hold, I must be insane buying.  Soon... very soon I will be buying some big chunks!

*CHOMP*  *CHOMP*
hero member
Activity: 770
Merit: 629
If it gets down to zero ( which I see as very very unlikely... but who knows ) all I have lost is some hobby money along with some free time.

To be honest, all this doom and gloom people are just pathetic in my eyes.

Me too.  I see it as having bought a lottery ticket for the long run, with a drawing 20 - 30 years from now.  I expect it to go to 0, but I hope to win and have a great retirement :-)  Like with any lottery ticket, but this one is fun !

tss
hero member
Activity: 742
Merit: 500
It's funny how some people are panicking while holding few bitcoins. There is what 12-13 millions of bitcoin beign held right now by many people and only tiny fraction of this is traded on the market . Calm down people and just buy some more to awerage price. If you think that this technology has no future then you shouldnt be here anyway. And if you decide to sell then know that it's you who is making it worse for no reason.

yes but those holders.  at least of 10m btc bought in or mined when prices were well below $10.  they dont care about those that bought in the last 18 months who are now significantly under in their gambles/investments.
legendary
Activity: 1232
Merit: 1000
Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes

Bitstamp controls the price of the item that they need to buy to make up for their hacking loss.

Is anyone really surprised?

If you can control the price of something that you need to buy...what would YOU do?

How can they control the price? Aren't there other exchanges as well?
legendary
Activity: 1176
Merit: 1011
And STAMP is facing the same as GOX.
You can't seriously compare Bitstamp to MtGox. The two situations, companies, and their issues, are all COMPLETELY different.
hero member
Activity: 672
Merit: 501
Ahh getting back to the levels in price when I first heard about BTC... and got into cryptos.


IMO, Now I know how it was like last big crash back when it was getting off the ground.

I still hold buy some/ mine-exchange for more.

If it gets down to zero ( which I see as very very unlikely... but who knows ) all I have lost is some hobby money along with some free time.

To be honest, all this doom and gloom people are just pathetic in my eyes.
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
Still holding here.  It can't go down forever!

 DONT BE STUPID, SELL NOW ,AND BUY BACK LATER

Still hodling

Don't be stupid, buy when everyone else cry !

Not time yet.
And selling above 700$ was so easy .. after the GOX debacle a 1-2 year price correction had to come.
And STAMP is facing the same as GOX.

We will not see 1000$ this year, maybe in 2-3 years.

Long term bitcoin could be a winner, but in TECH, you never know. Something better could emerge with proper daily usage. Using not thrustworthy scamchanged will not help bitcoin grow.
legendary
Activity: 1414
Merit: 1000
I think it is stupid to sell now. And yes we hold all bitcoins that are not lost. :-)
hero member
Activity: 784
Merit: 500
Still holding here.  It can't go down forever!

 DONT BE STUPID, SELL NOW ,AND BUY BACK LATER

Selling isn't in their vocabulary.  They only know how to buy and hold. 
legendary
Activity: 910
Merit: 1000
Still holding here.  It can't go down forever!

 DONT BE STUPID, SELL NOW ,AND BUY BACK LATER
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
Nah, there are many more suckers, you're not the only one. But you are stupid, I give you that.
legendary
Activity: 966
Merit: 1003
Still holding here.  It can't go down forever!
rax
member
Activity: 86
Merit: 12
im goin down with the ship.

kinda feels like price is gonna go below 0.

Yeah, me too Grin That's the spirit.
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
I'm still holding , why not ? I believe in this new technology (bitcoin).  The price is secondary , the use is primary.


The "blockchain technology" (the concept of a distributed ledger) has potential, sure, but:

1. Being forced to adopt a currency full of limitations and problems just because of the ledger is not gonna work.
2. the bitcoin blockchain is just an example of a distributed ledger, other protocols already exists today (and will of course exist in the future) that don't have the ridiculous limitations of bitcoin the currency and the bitcoin blockchain (and I don't want to go through that again, already discussed to death).

That's pretty much it.



Example:


The internet was an amazing invention that changed the world.
The dotcom bubble was just that, a bubble.
legendary
Activity: 1778
Merit: 1043
#Free market
I'm still holding , why not ? I believe in this new technology (bitcoin).  The price is secondary , the use is primary.
hero member
Activity: 784
Merit: 500
I think it's stupid to keep using a meme while you continue to lose money
sr. member
Activity: 378
Merit: 254
Satoshi has not forsaken you, my children!
Don't let them do this to you, leave this veil of tears with dignity!

hero member
Activity: 490
Merit: 500
I will hodl down with this ship if I must.

I will be very sad if bitcoin goes to 0, but I would be much angrier at myself if I sold and then it went up.
sr. member
Activity: 432
Merit: 250
You haven't lost money until you sell. Fuck all these bears. It'll rebound at some point. Sure, it could hit sub $100 but I seriously doubt it. Either way, it'll reach a point where too many savvy investors will capitalize on the cheap prices.
hero member
Activity: 1232
Merit: 516
Still HODLING. 
sr. member
Activity: 378
Merit: 254
^

hero member
Activity: 728
Merit: 500
Sell and store my money with the banksters? So they can enslave working people with it in exchange for a few trinkets? And possibly have it  lose value due to a war or natural event like major earthquake?

 Governments survive by giving the impression that they are not going to fall apart, and yet they always do. Mathematically and morally, bitcoin remains a superior store of wealth, and a great social experiment.
hero member
Activity: 728
Merit: 500

most of 12-13 millions of bitcoin will be dumped soon along with this downtrend Smiley
You mean: they will be bought.

I mean there might be some new greater fools  bag holders at the way down
some one has to catch the last bags and lose everything in every ponzi schemes including scamcoin bitcoin

so everyone in this world is also a part of giant fiat ponzi scheme?

  Western civilization is a ponzi scheme.
legendary
Activity: 1736
Merit: 1023
Holding as well but don't like watching the graphs of BTC price in these last weeks.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Bitcoin is the financial nuclear weapon and have devastating power. I know that something very big is going to happen on bitcoin, but I just don't know when and how, the only thing I can do is to grab it first and ask questions later Cheesy
sr. member
Activity: 378
Merit: 254
...
Actually you can still become rich on bitcoin one day, you just have to invest enough to get there. short the shit out of it.

There.
legendary
Activity: 3794
Merit: 5474
I sold some, I bought some and I hodl the rest. Bitcoin needs all of these and I'm supplying it. Grin

Always keep some fiat powder dry to buy when it drops, my next buy orders are sitting around $200. I can't help but love the drama and emotions these drops are causing. People who really believe they can become rich here need a lesson in humility and Bitcoin is surely teaching it. Cheesy

Actually you can still become rich on bitcoin one day, you just have to invest enough to get there.  Most people don't have enough balls to take the risk.  

For example, in 2012 a risk-adverse guy with $50K to invest, looking at $10/bitcoin would have only likely invested a fraction of that, say 5-10%.  Because he would've been scared to lose it all.

But a risk taker would have dumped it all into bitcoin, and would have made 10X more than the risk adverse guy.  

There's a BIG difference between a payoff of $500K and $5M.  The guy that made $500K can maybe buy a nice house, cars, and/or live off of it for a few years.  The guy that made $5M can retire for life.

"Nothing ventured, nothing really gained."
sr. member
Activity: 378
Merit: 254
...now the usa is giving out free 'get your money in the banks" cards to illegal immigrants to prep for the bank bail-ins. and buy stocks @ATH's!

Mud people's fiat shamelessly mixing with decent, God-fearing fiat Angry
legendary
Activity: 3794
Merit: 5474
If the OP is stupid to hodl, then I guess the owners of the top 100 bitcoin addresses are the dumbest guys/gals on the planet.  Actually they are increasing their positions, not decreasing.
legendary
Activity: 1092
Merit: 1000
The moment i bought bitcoin, I'm already fully prepared for all these. That was the reason why i did not gamble with everything I have or put in the money I can't afford to lose. And because of that I'll just continue to hold on to it.


yeah . i can afford to lose what i put in. i am here because i think there is another economic crisis on the horizon and the usd reserve currency is about to lose it's status . weak hands are being shaken out of gold, silver, and bitcoin as the dollar rages to new ATH's  ... (with a strong dollar we should be able to buy more of gold, silver, bitcoins anyways). the last time the usd was @ATH's was prior to the economic crash. the federal reserve started printing usd (qe - quantitative easing) and oil rocketed up to $100+ ... federal reserve stops printing and oil starts dropping and people are screaming that a high oil price moves the economy when really the high oil price was manipulation to induce inflation. now the usa is giving out free 'get your money in the banks" cards to illegal immigrants to prep for the bank bail-ins. and buy stocks @ATH's!
legendary
Activity: 1246
Merit: 1000
I sold some, I bought some and I hodl the rest. Bitcoin needs all of these and I'm supplying it. Grin

Always keep some fiat powder dry to buy when it drops, my next buy orders are sitting around $200. I can't help but love the drama and emotions these drops are causing. People who really believe they can become rich here need a lesson in humility and Bitcoin is surely teaching it. Cheesy
legendary
Activity: 1092
Merit: 1000
I am, don't know why though. Bought at 300 about a week ago and now thinking what the fuck happened. $230? really?

Fuck bitcoin.


now is the time to sell . you can buy back if it rebounds. buy high sell low.
legendary
Activity: 1067
Merit: 1000
okay, honestly. maybe. If I did sell at around $500+. it would be great. I have like 2-3 BTC still sitting. Sold a btc when it was $600. But I see no point in selling now. It could break $300 again. Too quick. call it stupidity I am hodling.

Yeah, well the price might as well hit $100. But fuck it. $225 and $100 has no difference. It might hit $220 again in a week or two.

Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes

People who bought were gambler, won't really call it stupid.
legendary
Activity: 1722
Merit: 1000
Most of my bitcoin is located offline to be held for along period of time.  Down with the ship baby.
Q7
sr. member
Activity: 448
Merit: 250
The moment i bought bitcoin, I'm already fully prepared for all these. That was the reason why i did not gamble with everything I have or put in the money I can't afford to lose. And because of that I'll just continue to hold on to it.
legendary
Activity: 2186
Merit: 1213
I am, don't know why though. Bought at 300 about a week ago and now thinking what the fuck happened. $230? really?

Fuck bitcoin.

Lol go crying... I bought almost 100 coins @800...
I must ask: how does it feel right now?

Since I hold for nearly 1 year now, I almost dont care anymore. I will sink with the ship. So I risk a total loss instead of selling now. Hopes are there that it will rise again some day.
hero member
Activity: 615
Merit: 500
im goin down with the ship.

kinda feels like price is gonna go below 0.
sr. member
Activity: 261
Merit: 250
okay, honestly. maybe. If I did sell at around $500+. it would be great. I have like 2-3 BTC still sitting. Sold a btc when it was $600. But I see no point in selling now. It could break $300 again. Too quick. call it stupidity I am hodling.

Yeah, well the price might as well hit $100. But fuck it. $225 and $100 has no difference. It might hit $220 again in a week or two.

Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes

Hodl on man! The correction will be soon over.

I just added some BTC to my stack. While it may go a bit lower, for medium/long term, these prices are a gift.

Selling at this point would be a grave mistake.
legendary
Activity: 3248
Merit: 1072
hey just take this at the second train, don't miss it again

you were all asking for it right?
full member
Activity: 420
Merit: 117
I am riding this coaster all the way into the ground with coins at an average buy at $500/coin. I am rather curious to (possibly) find out what buying BTC is like in the single digits.

Many got burned this past year by buying high and selling low (forced liquidation/get rich quick schemes). 2014 was a high speculative gambling era. 2015 opens up the market to those with actual investment dollars.
legendary
Activity: 1358
Merit: 1016
still holding, all the way until zero, then i'll probably dump...


Brilliant!
full member
Activity: 219
Merit: 100
Bitcoin Mining Hosting
been holding an additional 150 or so mined coins that would normally be cashed out in phases ( about 60% over plan ) but what can you do.

if you don't believe, why bother?  Grin
member
Activity: 102
Merit: 250
I hold. Price will raise only if nobody will want sell at low price..
hero member
Activity: 574
Merit: 500
Call me Alice. just Alice.
aop
newbie
Activity: 34
Merit: 0
I am, don't know why though. Bought at 300 about a week ago and now thinking what the fuck happened. $230? really?

Fuck bitcoin.

Lol go crying... I bought almost 100 coins @800...
I must ask: how does it feel right now?
legendary
Activity: 2186
Merit: 1213
I am, don't know why though. Bought at 300 about a week ago and now thinking what the fuck happened. $230? really?

Fuck bitcoin.

Lol go crying... I bought almost 100 coins @800...
sr. member
Activity: 350
Merit: 250

most of 12-13 millions of bitcoin will be dumped soon along with this downtrend Smiley
You mean: they will be bought.

I mean there might be some new greater fools  bag holders at the way down
some one has to catch the last bags and lose everything in every ponzi schemes including scamcoin bitcoin

so everyone in this world is also a part of giant fiat ponzi scheme?
legendary
Activity: 1176
Merit: 1011
Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes
Retards who trade on emotions only, and don't understand jack shit about what bitcoin really is.

most of 12-13 millions of bitcoin will be dumped soon along with this downtrend Smiley
You mean: they will be bought.

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
Yes. But not by much.
legendary
Activity: 1029
Merit: 1000
I'm so much stupid. Hodl until BTC > 10k$. It maybe a year it maybe 10, or eternity... doesn't matter. Despite the price, BTC is still good way to transfer wealth...
hero member
Activity: 704
Merit: 500
Still hodling strong over here!
full member
Activity: 183
Merit: 100
Hold on, guys, we'll see a new giant wave soon!  Grin

---
The Real O.GGGGG here: my account was hacked and the above post was not made by me. I have recovered the account with the help of the admins.
sr. member
Activity: 350
Merit: 250
still holding, all the way until zero, then i'll probably dump...

god, i feel awful to hold through all this year. And I only sold at $600. That was only sell. did you really sell any or hodling and regretting as well? because we have mined a lot of coins together if you remember!  Smiley

i sold something yes, but for necessity not because the price is bad

i also sold for necessity. But I lost quite a bit on trading. I will hold the rest of it. Forever!
hero member
Activity: 546
Merit: 501
It's funny how some people are panicking while holding few bitcoins. There is what 12-13 millions of bitcoin beign held right now by many people and only tiny fraction of this is traded on the market . Calm down people and just buy some more to awerage price. If you think that this technology has no future then you shouldnt be here anyway. And if you decide to sell then know that it's you who is making it worse for no reason.

most of 12-13 millions of bitcoin will be dumped soon along with this downtrend Smiley
ponzi bags game over

Sure, they will sell because we don't need internet money anymore. Go troll to fiat forums please.
legendary
Activity: 3248
Merit: 1072
still holding, all the way until zero, then i'll probably dump...

god, i feel awful to hold through all this year. And I only sold at $600. That was only sell. did you really sell any or hodling and regretting as well? because we have mined a lot of coins together if you remember!  Smiley

i sold something yes, but for necessity not because the price is bad
sr. member
Activity: 350
Merit: 250
still holding, all the way until zero, then i'll probably dump...

god, i feel awful to hold through all this year. And I only sold at $600. That was only sell. did you really sell any or hodling and regretting as well? because we have mined a lot of coins together if you remember!  Smiley
hero member
Activity: 546
Merit: 501
It's funny how some people are panicking while holding few bitcoins. There is what 12-13 millions of bitcoin beign held right now by many people and only tiny fraction of this is traded on the market . Calm down people and just buy some more to awerage price. If you think that this technology has no future then you shouldnt be here anyway. And if you decide to sell then know that it's you who is making it worse for no reason.
legendary
Activity: 3248
Merit: 1072
still holding, all the way until zero, then i'll probably dump...
hero member
Activity: 686
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
I am, don't know why though. Bought at 300 about a week ago and now thinking what the fuck happened. $230? really?

Fuck bitcoin.
> gets on rollercoaster
> rollercoaster goes down weeeeeeeeeeeeeee
> fuck rollercoasters!
legendary
Activity: 889
Merit: 1013
yep. It has stung a lot, but I bought in at $5 so I can't complain. I saw this as a possibility, but I've always been more afraid of sudden increases than sudden decreases. I am now actually looking forward to $100 prices so I can buy back some of the bitcoins I sold >$1000. As always, honey badger don't give a shit.
member
Activity: 123
Merit: 13
Thermofinance.Com
I am, don't know why though. Bought at 300 about a week ago and now thinking what the fuck happened. $230? really?

Fuck bitcoin.
legendary
Activity: 2464
Merit: 1145
Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes

Bitstamp controls the price of the item that they need to buy to make up for their hacking loss.

Is anyone really surprised?

If you can control the price of something that you need to buy...what would YOU do?



how do they do it?

you mean they will sell it to $228 guy, and buy from $227. with little loss. they moved the price down.? yes, i suck at trading anyway

the exchange have their own internal database with imaginary bitcoins and fiat money.
one way would be to create alot of imaginary bitcoins and sell them to push the price down.
sr. member
Activity: 350
Merit: 250
Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes

Bitstamp controls the price of the item that they need to buy to make up for their hacking loss.

Is anyone really surprised?

If you can control the price of something that you need to buy...what would YOU do?



how do they do it?

you mean they will sell it to $228 guy, and buy from $227. with little loss. they moved the price down.? yes, i suck at trading anyway
sr. member
Activity: 316
Merit: 250
okay, honestly. maybe. If I did sell at around $500+. it would be great. I have like 2-3 BTC still sitting. Sold a btc when it was $600. But I see no point in selling now. It could break $300 again. Too quick. call it stupidity I am hodling.

Yeah, well the price might as well hit $100. But fuck it. $225 and $100 has no difference. It might hit $220 again in a week or two.

Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes

I blame falllling, without his properganda the crash would not have happened
hero member
Activity: 770
Merit: 500
bitcoin is currency not some esoteric investment so go cry elsewhere boohoo  Cry
newbie
Activity: 57
Merit: 0
I am.  Roll Eyes
sr. member
Activity: 350
Merit: 250
okay, honestly. maybe. If I did sell at around $500+. it would be great. I have like 2-3 BTC still sitting. Sold a btc when it was $600. But I see no point in selling now. It could break $300 again. Too quick. call it stupidity I am hodling.

Yeah, well the price might as well hit $100. But fuck it. $225 and $100 has no difference. It might hit $220 again in a week or two.

Oh, and someone tell me again, whats the reason for this crash?  Roll Eyes
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