Topic: Time to dump BTC now I say... - page 3. (Read 10031 times)

Well, I personally use it as a store of value which ultimately can not be seized without my permission (and done correctly, can't even be seized with my permission), and a means to transfer value without obtaining help from middlemen or permission from any authorities.

I'm already way long since <$1, but thanks for the suggestion.

When Bitcoin is in a confirmed stability period or on another bull run, believe me when I tell that my tone will change.

I've been hearing that for over three years man. You are just the new version of ElectricMucus.

Sure, the exchange rate will probably go down at some point in the future, but as long as Bitcoin continues to function, it will probably go back up. I'm not going to risk handing my coins over to "greedy viper bastards" in the meantime.

I know.

Thanks to Bitcoin, I can by drugs of such high quality that they could never realistically be found trading on the streets without being cut to shit.

As for money laundering, I am not really in that market.

Porn I can stream for free.

For openly moving money around the world, there are far cheaper and more convenient options than using Bitcoin.


Then go long Bitcoin, now!

I have yet more shorts on Bitfinex in the low/mid $830s that are needing triggered and I need a decent volume of mugs buyers to trigger them.

Exactly, I will gladly "lose" dollars to anyone who is willing to "lose" bitcoins to me.

Only if you (and they) are only interested in fiat profits. Bitcoin has much more to offer than that.

Just you wait and see.

He dollar cost averages and forgets the daily/weekly/monthly movements. If he wants to add a little market prediction, he dollar costs averages once a month and personally picks what he considers a "good time" to make his monthly purchase.

Oh and... hyper inflated prices...



If everyone believed that, the prices wouldn't be "hyper inflated" anymore, regardless of whatever the "greedy viper bastards and their manipulated bot controlled markets" want.

Yup.

I am one bitter greedy avaricious viper bastard. Just one of many that makes up the current ethos of the Bitcoin using community. I am in this for what I can get from Bitcoin. That means for me to win, other people need to lose. Despite being an early user and ideological supporter of Bitcoin, I totally missed out, both on the run up from $10 to $260, and then pretty much the same again on the run up from $100 to $1200 (I could even argue that I missed out on run up from 0.001-$30). Since entering market with speculative mind-set however, I have mostly won. That means some people somewhere out there have taken a hit in order to fill my pockets. This pleases me. True, I make duff trades myself with my weekend short positions during the bounce up to resistance levels being a prime example, but I held onto my short position and have since extended it and you know what, I am a ball hair from breaking even already......but of course, I want much more of others peoples fiat (BTC, I am not so bothered about) than just enough to break even, and I intend to get it.

I don't sound very nice do I? That is because my motivations for being involved in Bitcoin aren't very nice. But I am just a harmless tiddler in a big toxic pond of death. Therefore, me describing my Bitcoin attitude as badly as I can, doesn't even come close to the dirty underhand cut throat viperish reality of the present day Bitcoin market.

Such bitterness. You sure you aren't just butthurt about missing the ride from 100 to 1200 and are now taking it out on the bots and manipulators who have pushed you out of the market? I doubt you would have been so cynical if you had managed to hang on for the entire ride up. You should be blaming only yourself and not bitcoin or the market.

Thanks for the top advice Proudhon, but I have already maxed my leverage out this morning at $835 per coin...going pretty well so far and I should really take profits, but both of us know that Bitcoin is fucked and the longer I leave taking profits, the more profits I am going to get.

Which one of you assholes took a BTC dump this morning?  

Just remember, the fundamentals suggest bitcoin is going to collapse all the way, so the best investment in bitcoin is a heavily leveraged SHOTR position.  Keep it alive by throwing more money at it when the market moves against it, because eventually the market will completely collapse and you will win.  This has been proven by facts and confirmed bad news sources.  Bitcoin is doomed, and SHOTRING it is a good bet.  I am not being sarcastic.

Then tell me, for a newcomer looking to put some of his savings into Bitcoin, how then does he avoid the greedy viper bastards with their manipulated bot controlled markets (some of which possibly fake their volume) and the hyper inflated prices based largely on delusions of avarice which surely must crumble apart at some point before Bitcoin can be allowed to grow?

Is there some 'Gentleman's' market around where Bitcoin is traded only at the long term mean value?

I somehow doubt you have anything to do with The Bitcoin Foundation.

Still no buy signal and now those paper gains have again turned into paper losses. I thought we were day trading here!

don`t trade against the trend !

$550 - $600 not being greedy just playing the 30 Week EMA

The thing is though, and this is what everyone who wants to make money should really internalize, you shouldn't merely SODL bitcoin unless you SODL SHOTR.  The upside potential of the downside is just too great and confirmed.