like always...
bulls are sad
bears are happy
Profit decides
Topic: Price drop : bitcoinners happy ? (Read 8939 times)
An investor is a person who allocates capital with the expectation of a future financial return. Types of investments include: equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc.
Bitcoin investors are happy when they get profit, raise or lower the price.
Bitcoin investors are happy when they get profit, raise or lower the price.
If the price stays here for long time, then creeps up slowly, then it is good for the bitcoin economy.
It looks like it is stable enough where I can purchase some.
Some of don't think Bitcoin is here to take over fiat however we think that Bitcoin has a chance as a token-currency (like loyalty points).
Until Bitcoin gets to fractions of a dollar this won't happen.
Until Bitcoin gets to fractions of a dollar this won't happen.
Not sure about the bit-coiners. but some of the early new are very happy to buy bitcoin at a low price.
I take it as a wealth distribution. Everyone that wanted to get in in mid 2013 has been waiting for something like this to happen. At this point one is risking to wait for too long for that ideal price.
I don't know why, but I hate this. 
Maybe anyone who love faucet will happy with this, because the price effect the faucet claim value
Maybe anyone who love faucet will happy with this, because the price effect the faucet claim value
Not sure about the bit-coiners. but some of the early new are very happy to buy bitcoin at a low price.
I saw two things happen recently:
1. A big increase in difficulty
2. Exchange rates dropping
What this means:
1. It costs more to mine
2. Mines get less fiat for their BTC
At some point it is going to level off, where a large percentage of miners decide it is no longer profitable to mine (we already see this with cex.io/ghash.io). Another large percentage of miners who are still able to mine for a small profit probably because of cheap electricity (we see this with that large Unknown miner). Over time, the exchange value for BTC will become stable. In my opinion the exchange value will drop to around $100-$150 before that happens. The up & down swings are making too many people nervous, especially large investors.
Big increase in difficulty happened before the drop, currently it's decreasing 1. A big increase in difficulty
2. Exchange rates dropping
What this means:
1. It costs more to mine
2. Mines get less fiat for their BTC
At some point it is going to level off, where a large percentage of miners decide it is no longer profitable to mine (we already see this with cex.io/ghash.io). Another large percentage of miners who are still able to mine for a small profit probably because of cheap electricity (we see this with that large Unknown miner). Over time, the exchange value for BTC will become stable. In my opinion the exchange value will drop to around $100-$150 before that happens. The up & down swings are making too many people nervous, especially large investors.
Hello all ,
Why people are happy about the prices drop
I ask a miner he said that he is happy too why ? his profile will drop also
Why people are happy about the prices drop
I ask a miner he said that he is happy too why ? his profile will drop also
A miner shouldn't be happy in this situatuion. He has to pay maintenance to keep the rigs functioning. The lower the BTC price, the harder it becomes to run a mining rig.
If he was just someone who wanted to purchase BTC with fiat, I would understand that he is happy - cheap coins.
yes im so happy and im waiting bitcoin under $100 
I saw two things happen recently:
1. A big increase in difficulty
2. Exchange rates dropping
What this means:
1. It costs more to mine
2. Mines get less fiat for their BTC
At some point it is going to level off, where a large percentage of miners decide it is no longer profitable to mine (we already see this with cex.io/ghash.io). Another large percentage of miners who are still able to mine for a small profit probably because of cheap electricity (we see this with that large Unknown miner). Over time, the exchange value for BTC will become stable. In my opinion the exchange value will drop to around $100-$150 before that happens. The up & down swings are making too many people nervous, especially large investors.
1. A big increase in difficulty
2. Exchange rates dropping
What this means:
1. It costs more to mine
2. Mines get less fiat for their BTC
At some point it is going to level off, where a large percentage of miners decide it is no longer profitable to mine (we already see this with cex.io/ghash.io). Another large percentage of miners who are still able to mine for a small profit probably because of cheap electricity (we see this with that large Unknown miner). Over time, the exchange value for BTC will become stable. In my opinion the exchange value will drop to around $100-$150 before that happens. The up & down swings are making too many people nervous, especially large investors.
Hello all ,
Why people are happy about the prices drop
I ask a miner he said that he is happy too why ? his profile will drop also
Why people are happy about the prices drop
I ask a miner he said that he is happy too why ? his profile will drop also
I think that when the price drops miners get more bitcoin then they used to when the price was high.
Now we are on the edge of the mountain anytime price could drop anytime
T.T when i'm online and check it bitstamp... price drop.. and second online.... price drop again... why?
? 
Now we are on the edge of the mountain anytime price could drop anytime
I'm happy because all the bitcoins I lost gambling means the loss wasn't so big.
Haha and who sold their bitcoin 2013 for 5 $ are now happy ?Yes they are, because all the bitcoins they sold means the price difference is getting smaller.
Bitcoin is not stable currency. I know that. It was silly to thought that it will only maintain its value or go up. People who sold their coins in the early stage are truly unfortunate I think. But people who bought bitcoin for 400$ and now are selling it for 200$ are really fucked imo.
Yup. Fucked, indeed. I don't know why people nowadays dive into something that they don't really understand with a knowledge that they may gain something very nice in it. Greed consumes a person whole, that's why those dudes who bought in at $400-$500 are truly wrecked by the current prices.
I'm happy because all the bitcoins I lost gambling means the loss wasn't so big.
Haha and who sold their bitcoin 2013 for 5 $ are now happy ?Yes they are, because all the bitcoins they sold means the price difference is getting smaller.
Bitcoin is not stable currency. I know that. It was silly to thought that it will only maintain its value or go up. People who sold their coins in the early stage are truly unfortunate I think. But people who bought bitcoin for 400$ and now are selling it for 200$ are really fucked imo.
Low bitcoin price in USD means a great time to buy for faithful bitcoiners. They believe that the price may soon soar up and because of the low prices as of the current time frame, they'll have a nice profit.
I'm happy because all the bitcoins I lost gambling means the loss wasn't so big.
Haha and who sold their bitcoin 2013 for 5 $ are now happy ?Yes they are, because all the bitcoins they sold means the price difference is getting smaller.
I wonder how the lucky ass early investors that made a killing like rpietila are feeling right now. Will they panic out before its too late and we do double digits? It must suck so hard being a super early investor and not having sold all at 1k.
We're feeling fantastic. We won't panic; if we go to double digits, we'll just keep on buying those cheap coins. Using the money we made by selling above $1k. Luck, my ass. 
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