Author

Topic: The Price is crashing people!! get out while you can!! (Read 8383 times)

legendary
Activity: 3010
Merit: 8114
I see you love to dig forum for old posts, you must know a lot of crypto currencies.

There's a lot of hidden treasures buried in this forum. I'm gonna start a thread asking people to post their favorite old threads.

You didn't make it.

Still never made that thread, other people did, but I thought it was an appropriate time to bump this one.

I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

Wonder if he kept any of them. Is keeping bitcoins considered "greedy" these days?

This thread should be revisited in Jan 2018.  Grin

In retrospect, that would have been amazingly astute timing.
legendary
Activity: 1067
Merit: 1000
I dont care much about the price, people can dump BTC to $200 and I still don't care... the math is the math.... there are only 13 million bitcoins in circulation right now and an incalculable number of dollars...


There are competition among crypto coins. It is still too earlier to say which one will dominate and how things work out in the future.
sr. member
Activity: 294
Merit: 250
I dont care much about the price, people can dump BTC to $200 and I still don't care... the math is the math.... there are only 13 million bitcoins in circulation right now and an incalculable number of dollars...
sr. member
Activity: 378
Merit: 250
Yours are only rumor and attempt to make pain and horror to the people that have invested in bitcoin. People, sell when you want and don't hear no one ! I'm curious to read this thread in 2016, when will be btc halving.
legendary
Activity: 868
Merit: 1006
I had a laugh when I saw the date. This could have been a fallling alt for all I know.
hero member
Activity: 675
Merit: 500
This thread was started on "June 10, 2011, 02:57:19 PM", shortly after the high of the first huge "bubble".
Those ~3.5 years went by way too fast, and I wish we could do it over again.  Smiley

This thread should be revisited in Jan 2018.  Grin
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
This thread was started on "June 10, 2011, 02:57:19 PM", shortly after the high of the first huge "bubble".
Those ~3.5 years went by way too fast, and I wish we could do it over again.  Smiley
legendary
Activity: 3010
Merit: 8114

You didn't make it.

I like this:


I think the key is to get the big players involved.  Imagine if PayPal started to accept bitcoins.  It's game over for other currencies.

You're right, I totally spaced. I'm gonna save it for Monday morning. Hope you don't mind if I open it with the quote you just pasted, its a good one.
legendary
Activity: 1960
Merit: 1010
I see you love to dig forum for old posts, you must know a lot of crypto currencies.

There's a lot of hidden treasures buried in this forum. I'm gonna start a thread asking people to post their favorite old threads.

You didn't make it.

I like this:


I think the key is to get the big players involved.  Imagine if PayPal started to accept bitcoins.  It's game over for other currencies.
legendary
Activity: 3010
Merit: 8114
I see you love to dig forum for old posts, you must know a lot of crypto currencies.

There's a lot of hidden treasures buried in this forum. I'm gonna start a thread asking people to post their favorite old threads.
legendary
Activity: 3010
Merit: 8114
Bitcoins down to 15 bux. Still think the price isn't crashing? Ignoring evidence doesn't make you correct.

History tells a different story.  Since your post we have seen Bitcoin get to over $1000 US dollars.  As I write this, the price of Bitcoin is $400 US dollars.  What can you learn from your incorrect assumption?
Prices of markets go up and down, that is the nature of markets.

You can chastise somebody for comments they made 3 years ago, but the fact remains, they were here back then and we weren't. So, obviously they were on to something.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I'm going to hold my 3 bitcoins and hope that in 5 years somebody bumps this again trying to prove that no time is a good time to sell bitcoin until it has destroyed fiat.  Then you don't sell, you just spend it. 
Q7
sr. member
Activity: 448
Merit: 250
I wonder what that guy might be thinking of right now. Holding onto 50k would have made him or her a multimillionaire by now. It's amazing how fast things can move and change and that is only probably like 3 years only.
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

Could have been better timed if I discovered and bumped this a month ago or so.

I like how the dudes who sold are still noobs whereas the guys who didn't are Legendary.

I see you love to dig forum for old posts, you must know a lot of crypto currencies.
newbie
Activity: 30
Merit: 0
I'm posting this from my spare account because I don't want to be hated by the other early miners...

I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.

It's just not worth sitting on this kind of uncertainty anymore.

I'll do the same with my 100k BTC y0!
sr. member
Activity: 952
Merit: 281
it's a beartrap Smiley


More likely just manipulation
legendary
Activity: 1960
Merit: 1010
it's a beartrap Smiley

full member
Activity: 148
Merit: 100
Bitcoins down to 15 bux. Still think the price isn't crashing? Ignoring evidence doesn't make you correct.

History tells a different story.  Since your post we have seen Bitcoin get to over $1000 US dollars.  As I write this, the price of Bitcoin is $400 US dollars.  What can you learn from your incorrect assumption?
Prices of markets go up and down, that is the nature of markets.
legendary
Activity: 3374
Merit: 1824
I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

Yes, I agree with this.
When dealing with money and finance, people are usually not rational but emotional.
So, when price is going down, this is perfect opportunity to buy and earn more, when price goes up.
but, instead of this, people in panic selling everything and loosing any chance for good earning.

legendary
Activity: 3010
Merit: 8114
I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

Could have been better timed if I discovered and bumped this a month ago or so.

I like how the dudes who sold are still noobs whereas the guys who didn't are Legendary.
full member
Activity: 224
Merit: 102
I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.
sr. member
Activity: 440
Merit: 250
Maybe someone shorted the market?  Maybe even successfully?
full member
Activity: 196
Merit: 101
I'll buy some of that on Tuesday when my funds clear. Thanks for needlessly selling because you're scared of volatility.
legendary
Activity: 2408
Merit: 1121
I'm posting this from my spare account because I don't want to be hated by the other early miners...

I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.

It's just not worth sitting on this kind of uncertainty anymore.

And I'll be there to pick up what you've foolishly decided to liquidate. Just promise me you won't come back on the board crying when it trades above $100, okay? Thanks.

full member
Activity: 216
Merit: 100
I'm posting this from my spare account because I don't want to be hated by the other early miners...

I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.

It's just not worth sitting on this kind of uncertainty anymore.

Bullshit!
newbie
Activity: 24
Merit: 0
I'm posting this from my spare account because I don't want to be hated by the other early miners...

I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.

It's just not worth sitting on this kind of uncertainty anymore.
hero member
Activity: 756
Merit: 500
Bitcoins down to 15 bux. Still think the price isn't crashing? Ignoring evidence doesn't make you correct.
legendary
Activity: 1022
Merit: 1001
At this rate, we will be seeing negative values in approximately 28.5 hours! Sell everything!!

Sell your babies...sell your mom!
sr. member
Activity: 371
Merit: 250
ar har.... so, based on the definitely correct info from above, I should wait until then and then buy every single bitcoin I can and profit in both USD and bitcoin! Nothing wrong with that idea!
full member
Activity: 196
Merit: 101
At this rate, we will be seeing negative values in approximately 28.5 hours! Sell everything!!
legendary
Activity: 3080
Merit: 1083
OMG not another one of these "the sky is falling" threads! This makes what..4? or 5?
full member
Activity: 176
Merit: 106
XMR = BTC in 2010. Rise chikun.
Uber crash again today Sad
legendary
Activity: 1862
Merit: 1114
WalletScrutiny.com
sr. member
Activity: 373
Merit: 250
IT WAS ME...
IM SORRY...


I.... PUT THE SCREW.... IN THE TUNA

You sir win the internets.  Love me some Kenan and Kel.
sr. member
Activity: 371
Merit: 250
I successfully unsuccessfully corrected your img tags. Cheesy
TAKE 2
ps: I was referring to "as antimatter". Smiley
hero member
Activity: 630
Merit: 500
[img=http://i.imgur.com/ks0IA.png][/img]

Seriously, calm down. Markets are about as stable as anti-matter these days, but they have always trended upwards and unless you have reason to think they won't, they'll continue to do so. Justr because the fall from $30 to $20 feels like more than a fall from $1.00 to $0.66, doesn't mean it's not exactly the same. This has happened many times now: you'll just make the daytraders richer if you 'cut your losses' IMHO.
SIR, I detect use of both hyperbole and... INCORRECT IMAGE TAGS!

Fixed for you.

:facepalm: Sorry about that. I don't think I'm being hyperbolic though: if you check the history bitcoin did pretty much the same % "flood crash" on many an occasion. I'm not one of these chart voodooist "everything is cyclical" types, I'm just using the evidence available to me because I don't think the social situation has changed at all.
sr. member
Activity: 371
Merit: 250


Seriously, calm down. Markets are about as stable as anti-matter these days, but they have always trended upwards and unless you have reason to think they won't, they'll continue to do so. Justr because the fall from $30 to $20 feels like more than a fall from $1.00 to $0.66, doesn't mean it's not exactly the same. This has happened many times now: you'll just make the daytraders richer if you 'cut your losses' IMHO.
SIR, I detect use of both hyperbole and... INCORRECT IMAGE TAGS!

Fixed for you.

TAKE 2!
full member
Activity: 154
Merit: 100
sr. member
Activity: 476
Merit: 250
Did somebody say...the price is crashing?

Kiba, no one said bubble. Sheesh, as if you don't have enough opportunities to link that particular comic. Grin
bubble?

http://bitcoinweekly.com/articles/comic-reaction-after-dramatic-rise-of-bitcoin-s-value
newbie
Activity: 28
Merit: 0
This is a very volatile market. If it were to crash I'd expect it to happen in only a few hours.
full member
Activity: 154
Merit: 100
Did somebody say...the price is crashing?

Kiba, no one said bubble. Sheesh, as if you don't have enough opportunities to link that particular comic. Grin
Crs
member
Activity: 107
Merit: 10
legendary
Activity: 980
Merit: 1020
full member
Activity: 154
Merit: 100
Price back up to $25 already.

Which is 7 dollars less than what it was yesterday.

And twice what it was June 3rd.

What's your point?
hero member
Activity: 756
Merit: 500
Price back up to $25 already.

Which is 7 dollars less than what it was yesterday.
full member
Activity: 126
Merit: 100
Actually, that's an idea....  It would give me somewhere to try this whole thing out, deal with the technical, legal, and financial issues, and not sink too much money or time into it.



legendary
Activity: 1611
Merit: 1001
open a bitcoin bookstore
full member
Activity: 126
Merit: 100
I wish I'd logged on and spotted this sooner. Sad  I just installed Bitcoin, but have no bitcoins yet and need to acquire some.  Mining appears to require dedicated machines these days; too much work.  So I have to buy them or figure out something to sell for them...

Pity that none of the auction houses let you pay in bitcoins, or I could auction off the pile of duplicate books that my husband and I need to get rid of. Wink
full member
Activity: 196
Merit: 101
I want it to go down to $5 and stay there for a few weeks.
member
Activity: 109
Merit: 10
It's over guys, it's all over. By midnight it'll tank and be at $0.

Please send all your BTC to the account in my sig. All I want is a huge cache of worthless BTC to give to my kids in 20 years as a keepsake reminder of the first run at a decentralized cryptocurrency. If the market happens to rebound (and I promise it won't), I swear I'll return al your BTC. Scouts honor!

cent
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Up down up, please don't panic when the lows get retested.
legendary
Activity: 1764
Merit: 1015
I am actually hoping it drops even more, I am that close to pushing the buy button, the second theirs in uptick, I'm officially in..
legendary
Activity: 1022
Merit: 1001
Price back up to $25 already.
sr. member
Activity: 371
Merit: 250
DAMNIT, RANDY

whyuno look at what you were doing?

WE'RE DOOMED.

[descends into nuclear-bomb-proofed-bunker-thing-a-ma-jig]
full member
Activity: 237
Merit: 100
IT WAS ME...
IM SORRY...



I.... PUT THE SCREW.... IN THE TUNA
full member
Activity: 126
Merit: 100
At this pace, this sunday I'm not goint to buy bitcoins. I'm going to steal them for less than 20$/btc.

Please, please panic a little more!
legendary
Activity: 1764
Merit: 1015
gotta make a shirt about the market up and downswings. Cheesy lol. Everyday the sky is falling.
hero member
Activity: 630
Merit: 500


Seriously, calm down. Markets are about as stable as anti-matter these days, but they have always trended upwards and unless you have reason to think they won't, they'll continue to do so. Justr because the fall from $30 to $20 feels like more than a fall from $1.00 to $0.66, doesn't mean it's not exactly the same. This has happened many times now: you'll just make the daytraders richer if you 'cut your losses' IMHO.


Edit: I fail at BBCode
legendary
Activity: 2408
Merit: 1121
How about I just call the parent poster a retard instead?

Or even better, a 'dollar' holder.

newbie
Activity: 46
Merit: 0
and the price goes from $26 down to 20 up to 24 a coin within minutes. bitcoin is one helluva market
sr. member
Activity: 336
Merit: 250
yung lean
I used this opportunity to buy at a cheap price Cheesy Wink

Me too. This is the third time I've bought after a panic sell off and made thousands in less then a day. I... I just love bitcoin...
newbie
Activity: 14
Merit: 0
Looks like some left wing liberal socialist has crashed the market with his terrible understanding of how real free market economics work and crashed the market, god fucking damnit.

LOL!
full member
Activity: 126
Merit: 100
I used this opportunity to buy at a cheap price Cheesy Wink
newbie
Activity: 19
Merit: 0
The sky is falling. I repeat, the sky is falling
hero member
Activity: 756
Merit: 500


Looks like some left wing liberal socialist has crashed the market with his terrible understanding of how real free market economics work and crashed the market, god fucking damnit.
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