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Topic: Just dumped all my BTC :( (Read 3789 times)

legendary
Activity: 2576
Merit: 1087
January 14, 2015, 06:15:49 AM
#60
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..
newbie
Activity: 42
Merit: 0
January 14, 2015, 05:47:36 AM
#59
Stay strong!
full member
Activity: 227
Merit: 125
January 14, 2015, 05:02:42 AM
#58
In stock markets, it is usually the best time to buy when everyone lost confidence and couldn't see the bottom. I am applying the same rationale to bitcoin.

precisely, I have seen it written somewhere :

When others are fearful, be greedy !! Smiley)
legendary
Activity: 3066
Merit: 1188
January 14, 2015, 04:58:22 AM
#57
LOL at all the old timers here.....

BTC is most likely going below $100. Why buy his coins today when you can buy his friends coins at $100 in a few weeks.

 Wink

Because it won't be below $100 in a few weeks.
newbie
Activity: 56
Merit: 0
January 14, 2015, 02:06:20 AM
#56
I think the energy cost of production alone is like $150, so I doubt it will go below that.

No thats the minimum. Look at the avg cost, We're getting coins at discount right now.

Tons of noobs only look at operating cost (management + electricity) while completely ignore the capital aka... cost of R&D, miners... etc. And i'm talking at manufactures level.


I'm aware of hardware costs, and the hardware cost is higher than energy cost is at retail level, but I was looking at it more from a manufacturer level where they've parlayed their profits from the bubble into hardware they might basically be sitting on for free, but the energy isn't free.

Miners will be there, black market will be stronger than ever before ( with all the economies stagnating or collapsing, the underground is going to be the biggest market) if it did not end when whacked from $32 to $2, then it will not end now, people will come back again at higher prices, and saying "shit! I missed the train"
legendary
Activity: 1260
Merit: 1000
January 14, 2015, 01:48:44 AM
#55
I think the energy cost of production alone is like $150, so I doubt it will go below that.

No thats the minimum. Look at the avg cost, We're getting coins at discount right now.

Tons of noobs only look at operating cost (management + electricity) while completely ignore the capital aka... cost of R&D, miners... etc. And i'm talking at manufactures level.


I'm aware of hardware costs, and the hardware cost is higher than energy cost is at retail level, but I was looking at it more from a manufacturer level where they've parlayed their profits from the bubble into hardware they might basically be sitting on for free, but the energy isn't free.
legendary
Activity: 3472
Merit: 10611
January 14, 2015, 01:43:35 AM
#54
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..
sadly i am thinking about doing the same thing. but i am not sure yet what to do. i still have some faith in Bitcoin price left in me although there is no hope left Cheesy
hero member
Activity: 658
Merit: 500
January 14, 2015, 01:39:13 AM
#53
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

You, sir, have what is termed "weak hands".

I think at this point it would be fair to call his hands, "strong" but limited.

Dude, hes fcking joined in July 2014. Hes nothing but "strong hand"
hero member
Activity: 658
Merit: 500
January 14, 2015, 01:38:08 AM
#52
I think the energy cost of production alone is like $150, so I doubt it will go below that.

No thats the minimum. Look at the avg cost, We're getting coins at discount right now.

Tons of noobs only look at operating cost (management + electricity) while completely ignore the capital aka... cost of R&D, miners... etc. And i'm talking at manufactures level.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
January 14, 2015, 01:34:55 AM
#51
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

You, sir, have what is termed "weak hands".

I think at this point it would be fair to call his hands, "strong" but limited.
sr. member
Activity: 462
Merit: 250
January 13, 2015, 11:48:13 PM
#50
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..
A bad time to sell.
legendary
Activity: 1568
Merit: 1001
January 13, 2015, 11:44:38 PM
#49
  • Bitcoin price Feb 2014: $800
  • Bitcoin price Mar 2014: $700
  • Bitcoin price Apr 2014: $500
  • Bitcoin price on 14 May 2014: $430
May 15th-17th: BITCOIN 2014 CONFERENCE
  • Bitcoin price on 19 May 2014: $500
  • Bitcoin price on 25 May 2014: $600
  • Bitcoin price on 31 May 2014: $680

What is about to happen:
North American Bitcoin Conference (January 16th-18th)
BITCOIN 2015 CONFERENCE in London (January 24th-25th)

Now is time to buy and hold!

you mean buy and hold until after the conference?  Aren't there always bitcoin conferences and doesn't the btc value always fluctuate?
There hasn't been many lately. The North American and London ones haven't been spoken about much here but are on the horizon soon. Also, the Texas BTC conference will be in late March as well as the one in Acapulco so these are a fresh batch of new hangouts in bitcoinland that will likely boost the market during the tenure. Good times ahead!
legendary
Activity: 1260
Merit: 1000
January 13, 2015, 11:29:37 PM
#48
I think the energy cost of production alone is like $150, so I doubt it will go below that.
legendary
Activity: 2296
Merit: 1031
January 13, 2015, 11:23:34 PM
#47
  • Bitcoin price Feb 2014: $800
  • Bitcoin price Mar 2014: $700
  • Bitcoin price Apr 2014: $500
  • Bitcoin price on 14 May 2014: $430
May 15th-17th: BITCOIN 2014 CONFERENCE
  • Bitcoin price on 19 May 2014: $500
  • Bitcoin price on 25 May 2014: $600
  • Bitcoin price on 31 May 2014: $680

What is about to happen:
North American Bitcoin Conference (January 16th-18th)
BITCOIN 2015 CONFERENCE in London (January 24th-25th)

Now is time to buy and hold!

you mean buy and hold until after the conference?  Aren't there always bitcoin conferences and doesn't the btc value always fluctuate?
hero member
Activity: 854
Merit: 503
Legendary trader
January 13, 2015, 10:55:01 PM
#46
  • Bitcoin price Feb 2014: $800
  • Bitcoin price Mar 2014: $700
  • Bitcoin price Apr 2014: $500
  • Bitcoin price on 14 May 2014: $430
May 15th-17th: BITCOIN 2014 CONFERENCE
  • Bitcoin price on 19 May 2014: $500
  • Bitcoin price on 25 May 2014: $600
  • Bitcoin price on 31 May 2014: $680

What is about to happen:
North American Bitcoin Conference (January 16th-18th)
BITCOIN 2015 CONFERENCE in London (January 24th-25th)

Now is time to buy and hold!
full member
Activity: 211
Merit: 100
I Believe
January 13, 2015, 10:52:58 PM
#45
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..

You, sir, have what is termed "weak hands".

Exactly why I am buying more BTC as we speak... NO weak hands here! Time to buy!!
newbie
Activity: 56
Merit: 0
January 13, 2015, 10:48:46 PM
#44
I think the bitcoin price is only deflating to it's proper market price.  I'd say it'll drop to $25-50 and stabilize there.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
January 13, 2015, 10:35:34 PM
#43
]




selling after a huge run down in price.  
Great move.   Roll Eyes

If you believe in the fundamentals, this
is the worst time to sell... (If you
don't, you should have sold a while ago.)



What makes you feel their are any kind of fundamentals in a currency that has no demand. Please learn a bit about what fundamentals are in currency trading. Fundamentals are based on insight into how price action “should” or may react to a certain economic event, based on the response of the market during that same economic events movement the previous months in conjunction with that events movement the previous year . Since there are ABSOLUTELY NO economic events that would alter or move the bitcoin market THERE ARE NO FUNDAMENTALS IN THE BITCOIN MARKET., WAKE UP PEOPLE there are some true Forex traders in here who just laugh every time they read one of you idiots talking about bitcoin fundamentals and technical urinalysis, trying to play the big wig forex analyst.


Shouting in caps and asserting that you know more about trading
than the next person won't win you any points.

Bitcoin is unlike any other currency before it.  The fundamentals
here are obviously the blockchain technology, the fact that it is decentralized, etc.

There is demand for Bitcoin... it's still a billion dollar market.


sr. member
Activity: 406
Merit: 250
January 13, 2015, 10:33:08 PM
#42
they are not called "precious Metals" they are called commodities Smiley Bluff one called, where is your bitcoin address to show you are buying these coins Bluff 2 called.

just another False Hope puimping poster who is not buying coins but sitting there watching his investment fall to pieces praying to whatever god he uses that people will stop selling their coins.

Luckily I am not financially invested in Bitcoin from my pocket, But it pisses me off how the developers are so willigng to let things ike this happen over, and over, and over and over and over. Its bullshit. we need stability, we need certainty, we need something to attracts real investors. and what is goin on now happens all the time and does not help our cause. I believe in bitcoins and I dont care who sell what as far as my money in my procklet goes. I made my ROI a long time ago, But I would love to see something productive in here.

I think both the true FUD and the FHP posters need to just shut up we need truth, newcombers need truth not bullshit. I give truth, I tell the real story not some biased bullshit based on my own personal profits in mid. this whole Bitcoin talk community seems to have one thing on your mind YOUR OWN POCKETS. maybe if you guys came together as a team combined your efforts, bitcoin would have had a demand by now.

But all the vets in this forum especially sit there talk about how they are buying coins so cheap ( and mind you they are buying nothing just biting their nails as they watch thier investment losing traction and money right now) they act so high and mighty, yet none of them combine forces and investments to secure thier own investment. The best thing bitcoins has going for it right now is the Wilkenvoss brothers trying all they can to get High dollars investors on NASDAQ interested. they have done more work for bitcoins so far than anyone else involved including the devs.


Uh lol.  Calm down, pare.  Don't know why you're calling me out, I simply stated that what you said about the bitcoin mentality on majority of these posts are true.  They have no clue about market analysis.  The popular public perception of bitcoin is that a good majority is comprised by late teen--> mid 20's adolescent atheist neckbeards looking to 'fight da system.'  But sometimes browsing this forum and seeing how incoherent and out of touch with reality many posters are...there might be some validity to those claims.


By the way, they are referred to as 'precious metals' by many.  Of course they are a commodity...I never said they weren't.  I'm just stating that I was in the silver market before I became interested in bitcoin, so the hype euphoria and shilling and shilling mentality are identical.  

Anyone that does not acknowledge this is, and has been a classic market bubble for the past year and a half are in denial.
sr. member
Activity: 266
Merit: 250
★777Coin.com★ Fun BTC Casino!
January 13, 2015, 10:29:03 PM
#41
The darkest hour is usually before dawn,Isn't it? Maybe you are right, but at the moment you find it is wrong that you think is right before
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