Author

Topic: Top is in Folks: $266 (Read 1475 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
April 10, 2013, 09:17:15 PM
#9
There is no psychological barrier between here and $266.
legendary
Activity: 2212
Merit: 1008
April 10, 2013, 09:12:33 PM
#8
It's unfortunate that so many people will have been burned by this, but, absolutely, the new top is in and I'm guessing that it'll be years, possibly not till after the next block reward halving, before we see these price levels again.  Again, sorry to everyone who got and is getting burned here, but the writing was on the wall, and eventually this was going to collapse. 

On the bright side, developers now have another several years to work on the infrastructure while the world laughs at bitcoin again.


...and proudhon has never been wrong.  not once. * cough
legendary
Activity: 826
Merit: 1001
rippleFanatic
April 10, 2013, 09:09:45 PM
#7
One, this will be better for the market in the long run, since when it stabilizes people will use it for its intended purpose; to buy and sell, not to speculate.

Why are you so sure that its intended purpose is for the buying and selling of goods? Bitcoin seems to be absolutely perfectly suited for speculative trading: the buying and selling of bitcoin itself. I have been speculating since 2011 and I don't plan to ever stop.
hero member
Activity: 602
Merit: 500
Vertrau in Gott
April 10, 2013, 02:04:35 PM
#6
legendary
Activity: 1611
Merit: 1001
April 10, 2013, 01:58:08 PM
#5
It's unfortunate that so many people will have been burned by this, but, absolutely, the new top is in and I'm guessing that it'll be years, possibly not till after the next block reward halving, before we see these price levels again.  Again, sorry to everyone who got and is getting burned here, but the writing was on the wall, and eventually this was going to collapse. 

On the bright side, developers now have another several years to work on the infrastructure while the world laughs at bitcoin again.

nope
newbie
Activity: 28
Merit: 0
April 10, 2013, 01:47:08 PM
#4
Why don't you go fuck yourself?

Not everyone was calling you a fool, there are plenty of others who also sold, others who took a chance and got caught, and many many others are now caught in the lag (how about people who are in work right now?).

So you sold, now withdraw your fiat and shut the fuck up.

And no, I am not even mad, I closed for six figures at 224. But I know some of my friends got caught.

It just pisses me off that EVERY FUCKING TIME there is some kind of crash, some piece of cunt (which is what you are) starts rubbing it into people's faces. This is real money you piece of cunt, and some people need it to live. Others may have taken risky gambles and got burned. Does that make you feel good, you fucking lowlife?


LOLZ.   If your playing with money you need to live on, thats just all kinds of wrongs.  I hope your friends wind up begging for food, and defaulting on their mortgage.  How THAT for rubbing it in?

Stop being a douche. All you did was guess right when others guessed wrong. You're no smarter than anyone else here (as evidence by your incorrect use of the word "your").

I happened to be lucky enough to cash out at the peak too, but there are more important lessons to be learned than "I guessed right you guessed wrong." One, this will be better for the market in the long run, since when it stabilizes people will use it for its intended purpose; to buy and sell, not to speculate. Two, the price will gradually increase after that as more businesses adopt it, and more trading platforms become available, so all those who may think they lost big money today are going to gradually get it back, just not as rapidly.
legendary
Activity: 2198
Merit: 1311
April 10, 2013, 01:44:09 PM
#3
It's unfortunate that so many people will have been burned by this, but, absolutely, the new top is in and I'm guessing that it'll be years, possibly not till after the next block reward halving, before we see these price levels again.  Again, sorry to everyone who got and is getting burned here, but the writing was on the wall, and eventually this was going to collapse. 

On the bright side, developers now have another several years to work on the infrastructure while the world laughs at bitcoin again.
sr. member
Activity: 364
Merit: 250
April 10, 2013, 01:38:47 PM
#2
Why don't you go fuck yourself?

Not everyone was calling you a fool, there are plenty of others who also sold, others who took a chance and got caught, and many many others are now caught in the lag (how about people who are in work right now?).

So you sold, now withdraw your fiat and shut the fuck up.

And no, I am not even mad, I closed for six figures at 224. But I know some of my friends got caught.

It just pisses me off that EVERY FUCKING TIME there is some kind of crash, some piece of cunt (which is what you are) starts rubbing it into people's faces. This is real money you piece of cunt, and some people need it to live. Others may have taken risky gambles and got burned. Does that make you feel good, you fucking lowlife?


LOLZ.   If your playing with money you need to live on, thats just all kinds of wrongs.  I hope your friends wind up begging for food, and defaulting on their mortgage.  How THAT for rubbing it in?
sr. member
Activity: 364
Merit: 250
April 10, 2013, 12:14:03 PM
#1
glad i printed my last coins at $236....

And to all those who said i was a fool for selling out....>  see you sub $100!
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