... then it will mean BTC has gained its foot
Topic: Stop the Panic! (Read 4259 times)
In the panic time, people seek security, and the price of most secure currency gets lifted, so BTC is still not considered as a currency more secure than USD, if people buy BTC when there is a panic, then it will mean BTC has gained its foot
i didnt panic. i bought 440 BTC @ $8 and made a little over $800 today. not too shabby for a days "work" 
OMG THE DOLLAR JUST GAINED 30% in value as seen from the recent exchange rate vs bitcoins going up!
+1 lol
(but more like 100%)
im not worried. we've seen this before. we always bounce back.
Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open.
Thats why this was pulled off right now, so there would be less competition in buying cheap.
From now on, I'm keeping USD on MtGox on every freaking weekend, to make sure I profit from this kind of stunt too =)
Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open.
Thats why this was pulled off right now, so there would be less competition in buying cheap.
From now on, I'm keeping USD on MtGox on every freaking weekend, to make sure I profit from this kind of stunt too =)
Let the fools panic. The smart people will always profit off them.
Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open.
Thats why this was pulled off right now, so there would be less competition in buying cheap.
Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open.
There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week.
Not pirate is responsible for the current crash but the amok runners.
Stop the panic!
Not pirate is responsible for the current crash but the amok runners.
Stop the panic!
Also, just as awesome as last month when the price was... about what it is now.
Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week.
That's the problem. It's also "the same awesome, safe and ingenious thing" as it was a few months ago. Why is it a problem if the price goes back to those levels? Ask yourself, what fundamentals (since it seems that's what you believe in) were behind us going up from $5 in the first place? 
Who cares about the exchange rate? Just use Bitcoin as a payment processing tool and you don't need to worry about it.
You are adding actual value to the economy by producing products and/or services that other people want to buy instead of hoping to get rich from gambling (speculation), aren't you?
You are adding actual value to the economy by producing products and/or services that other people want to buy instead of hoping to get rich from gambling (speculation), aren't you?
I'd like the letter 'c' eliminated from the alphabet
Off topic but you might like this:http://www.g3npf.co.uk/humour.htm#euregs
Sorry for off topic.
PANIC, SELL EVERYTHING, WE'RE ALL GONA DIE IN POVERTY!!!
Wat ist so funny about zet?
I'd like the letter 'c' eliminated from the alphabet
Off topic but you might like this:http://www.g3npf.co.uk/humour.htm#euregs
Sorry for off topic.
PANIC, SELL EVERYTHING, WE'RE ALL GONA DIE IN POVERTY!!!
Kickass and gives me sorta deja vu but only half ass
the panic does not decrease the value of Bitcoin
Good point. Not the value - but the price. Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
Thank you for spelling this right. Seeing too many people spelling it "Panicing" or "Panic-ing."
This bothers me.
I'd like the letter 'c' eliminated from the alphabet
Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
Sorry but an exclamation mark and a bold type is definitely no sign of panic
There is a essential difference between deliberate trading and panic trading !
Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
Thank you for spelling this right. Seeing too many people spelling it "Panicing" or "Panic-ing."
This bothers me.
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