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Topic: Rant: To Bitcoin "investors" - page 2. (Read 2392 times)

hero member
Activity: 504
Merit: 500
February 14, 2014, 02:08:42 PM
#5
Have these ups and "crashes" (as everyone seems to love calling them) not happened repeatedly in the past year?  Usually followed by further highs?  Clearly the majority of BTC "investors" have VERY short memories, and a very short term outlook for their "investments"
sr. member
Activity: 367
Merit: 250
Find me at Bitrated
February 14, 2014, 02:08:26 PM
#4
Hi. Day trader here.

Not everyone who uses the exchanges are bad guys you know.  I'm the kind of dude you want to have on your team, helping to stabilize the price in times of chaos.  Market crashing too low?  I help buy it back up.  Who trims the fat when the market is climbing too quickly?  This guy.  

Don't be so quick to lump us all in the same category.  I know you're upset because the price has been bucking like a wild bronco, but if you truly think "None of this superficial nonsense this past week should have caused the price to change 1 penny" then you're just as deluded as the rest of them.

Also, the price is probably one of the least interesting aspects about bitcoin.  Most people pay too much attention to it because they associate higher value with higher power.  Don't be fooled.  Power is about what you're capable of.  There are some extremely wealthy, yet incompetent and unimaginative people out there in the world.  There are also poorer folks who have brilliant and gifted minds.  The difference is simply what tools you have access to, and whether you know how to use them.  

Cheers!
legendary
Activity: 3472
Merit: 4801
February 14, 2014, 01:41:56 PM
#3
Dear Weak Hands:

If you can't handle the ups and downs of the Bitcoin landscape, my request is that you don't invest in the first place.

Its because of all of you that the price fluctuates wildly at the slightest bit of bad news.  None of this superficial nonsense this past week should have caused the price to change 1 penny.

But because of you overemotional opportunists who know nothing about the infrastructure going up, and who have "0" confidence in the very thing you're investing in, we see dramatic price fluctuations.

This in turn makes Bitcoin look unstable and weak, because those doing the analyzing also ignore the infrastructure and commerce happening.

Please:  If you can't handle Bitcoin, stop investing in Bitcoin.
- snip -

Shhhhhh!

I prefer that lots of "weak hands" hold lots of bitcoin.

That way I can pick up cheap, undervalued bitcoins everytime they sell in response to the drop of a pin.
sr. member
Activity: 389
Merit: 250
February 14, 2014, 01:24:17 PM
#2
Patience solves all of this...
hero member
Activity: 924
Merit: 1001
February 14, 2014, 01:22:00 PM
#1
Dear Weak Hands:

If you can't handle the ups and downs of the Bitcoin landscape, my request is that you don't invest in the first place.

Its because of all of you that the price fluctuates wildly at the slightest bit of bad news.  None of this superficial nonsense this past week should have caused the price to change 1 penny.

But because of you overemotional opportunists who know nothing about the infrastructure going up, and who have "0" confidence in the very thing you're investing in, we see dramatic price fluctuations.

This in turn makes Bitcoin look unstable and weak, because those doing the analyzing also ignore the infrastructure and commerce happening.

Please:  If you can't handle Bitcoin, stop investing in Bitcoin.

Its only going to get worse.  Entire countries are going to wage war on it eventually. 
Central banking systems will go out of their way to bring it down. 
If you think this week was bad, you will not make it through the next 2 years.

This message is also to you "day traders" who are playing a huge role in screwing with the price by your intentional panic sells and panic buys.  Just so you can make $5 one day ... $10 the next day.  You'll spend all day just to turn a miniscule profit, at the expense of the stability of the price.  You're embarrassing.

Stop making Bitcoin look "weak" when it is as resilient as ever.  You are the weak ones.  Invest in Google or something.  Please.  Shoo...!

Thank you.

-B-
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