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Topic: Price drop : bitcoinners happy ? (Read 8973 times)

sr. member
Activity: 354
Merit: 250
May 25, 2015, 05:51:54 PM
like always...
bulls are sad
bears are happy
Profit decides
sr. member
Activity: 462
Merit: 250
May 25, 2015, 05:38:52 PM
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.

sr. member
Activity: 434
Merit: 250
January 20, 2015, 06:43:27 AM
If the price stays here for long time, then creeps up slowly, then it is good for the bitcoin economy.
newbie
Activity: 2
Merit: 0
January 19, 2015, 11:13:59 PM
It looks like it is stable enough where I can purchase some.
sr. member
Activity: 434
Merit: 250
January 19, 2015, 11:07:12 PM
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.
full member
Activity: 168
Merit: 100
January 19, 2015, 09:33:22 PM
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.
full member
Activity: 224
Merit: 100
January 19, 2015, 08:30:57 AM
I don't know why, but I hate this.  Undecided
Maybe anyone who love faucet will happy with this, because the price effect the faucet claim value Cheesy
sr. member
Activity: 406
Merit: 250
AltoCenter.com
January 19, 2015, 07:49:13 AM
Not sure about the bit-coiners. but some of the early new are very happy to buy bitcoin at a low price.
sr. member
Activity: 406
Merit: 250
January 18, 2015, 02:46:07 AM
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
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
January 18, 2015, 12:51:04 AM
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

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.
sr. member
Activity: 266
Merit: 250
January 18, 2015, 12:37:46 AM
yes im so happy and im waiting bitcoin under $100  Wink
member
Activity: 117
Merit: 10
January 17, 2015, 07:25:35 PM
#99
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.

sr. member
Activity: 252
Merit: 250
January 17, 2015, 07:04:15 PM
#98
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

I think that when the price drops miners get more bitcoin then they used to when the price was high.
hero member
Activity: 658
Merit: 500
January 17, 2015, 05:51:15 PM
#97
Now we are on the edge of the mountain anytime price could drop anytime  Undecided
T.T when i'm online and check it bitstamp... price drop.. and second online.... price drop again... why?Huh?
sr. member
Activity: 256
Merit: 250
January 17, 2015, 05:13:13 PM
#96
Now we are on the edge of the mountain anytime price could drop anytime  Undecided
legendary
Activity: 3542
Merit: 1352
Cashback 15%
January 17, 2015, 12:52:24 PM
#95
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. Smiley

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.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
January 17, 2015, 12:33:07 PM
#94
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. Smiley

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.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
January 17, 2015, 11:47:28 AM
#93
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.
full member
Activity: 191
Merit: 100
Let's have fun!
January 17, 2015, 09:21:38 AM
#92
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. Smiley
full member
Activity: 141
Merit: 100
777Coin.com★ Fun BTC Casino!
January 17, 2015, 04:40:46 AM
#91
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. Cool
Well the problem is that not everyone was able to sell at the highs. As it should be very well known, hindsight is 20/20 and most people probably did not have the forsight to be able to sell when the price was at 1k+
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