Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32992.

Rampion

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Quote from: lucas.sev on June 12, 2013, 03:54:59 PM

Quote from: 10c on June 12, 2013, 03:51:58 PM

Nah there's enough bulls. Only thing is they want 'cheap' coins at sub 80...
so everybody's waiting for further crashing/deflation.
We just need to wait for the impatient to make a move.
some might call this 'consolidaition' but I think most are just waiting for 'cheap' coins
we have to go to at least 'cheap' coins before we go 'up,up,up'

On this forum wanting cheap coins makes you a bear. Everyone is long term bullish here.

What do you expect at bitcointalk.org? Or you are the kind of guy who enjoys hanging around on forums about projects that will fail only for the lulz? Huh

10c

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Quote from: ShroomsKit on June 12, 2013, 05:14:50 PM

Quote from: lucas.sev on June 12, 2013, 05:12:07 PM

Quote from: ShroomsKit on June 12, 2013, 05:08:28 PM

I just don't see the big difference in price when people talk about cheap coins. I don't see the point in waiting for a 20 dollar drop. If you believe in Bitcoin long term then everything now is cheap.
Bitcoin either will be worth 0 or a lot. I think most people will agree. In the case it turns out to be a lot then who cares if you bought for 80 or 130 dollars? Those prices will be a joke.
That's why i think the whole cheap coins thing gets a bit stupid at times.

I bought before the hype and i'm still buying every now and then.
Ofcourse i try to pick the best times but really it doesn't bother me if it's 80 or 120.
And i for sure won't love to see the whole Bitcoin economy going down to 50 just to buy a few cheaper coins. Unlike many people here. I think it's ridiculous and rude to think that way. Pure greed.

It makes a massive difference if you buy at 30 vs 110 if bitcoin is going to the moon. You have 3 times as many of them.

Yes, i agree but the times for 30 dollar coins are over. Most likely also for 50. People need to accept that or in 5 years from now they are still hoping for a major crash to get to that level.

That's what I said a few post's back.

wachtwoord

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Quote from: lucas.sev on June 12, 2013, 05:12:07 PM

It makes a massive difference if you buy at 30 vs 110 if bitcoin is going to the moon. You have 3 times as many of them.

It makes a massive difference indeed. However, if the assumption is true it is a exquisite investment at both prices

This happens in value investment opportunities often as well. If the investment has already bottomed out and started rising when you find out about it. If you believe it is undervalued by a significant margin you should still vuy it even though you missed the bottom. It's human nature to drool over the lower prices though (I do that too Wink

)

MAbtc

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Quote from: ShroomsKit on June 12, 2013, 05:08:28 PM

I just don't see the big difference in price when people talk about cheap coins. I don't see the point in waiting for a 20 dollar drop. If you believe in Bitcoin long term then everything now is cheap.

I see this line of thinking a lot and frankly, it would only apply if I had significantly more capital to invest. I would be very unhappy to be holding the same number of coins that I have now in a year or two... when I could be holding significantly more. Why would I be happy with 10 coins if I can have 15 or 20?

Quote from: ShroomsKit on June 12, 2013, 05:14:50 PM

Yes, i agree but the times for 30 dollar coins are over. Most likely also for 50. People need to accept that or in 5 years from now they are still hoping for a major crash to get to that level.

Then your opinion re "cheap coins" is based on your own assumption that the bubble is over, and that a bull market is indicated. That, I disagree with very much.

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Quote from: ShroomsKit on June 12, 2013, 05:08:28 PM

I just don't see the big difference in price when people talk about cheap coins. I don't see the point in waiting for a 20 dollar drop. If you believe in Bitcoin long term then everything now is cheap.
Bitcoin either will be worth 0 or a lot. I think most people will agree. In the case it turns out to be a lot then who cares if you bought for 80 or 130 dollars? Those prices will be a joke.
That's why i think the whole cheap coins thing gets a bit stupid at times.

I bought before the hype and i'm still buying every now and then.
Ofcourse i try to pick the best times but really it doesn't bother me if it's 80 or 120.
And i for sure won't love to see the whole Bitcoin going down to 50 just to buy a few cheaper coins. Unlike many people here. I think it's ridiculous and rude to think that way. Pure greed.

agreed!
but for a lot there's longterm (paper wallet)
and there's a quick buck for short term.
I to keep buying. I even bought a few at 235. even though I knew we were bubbling.
I have a few coins playmoney and accumulate the rest.
if like as in an other thread someone opted '1BTC=1M usd
I still rather have 10 then 3

ShroomsKit

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Quote from: lucas.sev on June 12, 2013, 05:12:07 PM

Quote from: ShroomsKit on June 12, 2013, 05:08:28 PM

I just don't see the big difference in price when people talk about cheap coins. I don't see the point in waiting for a 20 dollar drop. If you believe in Bitcoin long term then everything now is cheap.
Bitcoin either will be worth 0 or a lot. I think most people will agree. In the case it turns out to be a lot then who cares if you bought for 80 or 130 dollars? Those prices will be a joke.
That's why i think the whole cheap coins thing gets a bit stupid at times.

I bought before the hype and i'm still buying every now and then.
Ofcourse i try to pick the best times but really it doesn't bother me if it's 80 or 120.
And i for sure won't love to see the whole Bitcoin economy going down to 50 just to buy a few cheaper coins. Unlike many people here. I think it's ridiculous and rude to think that way. Pure greed.

It makes a massive difference if you buy at 30 vs 110 if bitcoin is going to the moon. You have 3 times as many of them.

Yes, i agree but the times for 30 dollar coins are over. Most likely also for 50. People need to accept that or in 5 years from now they are still hoping for a major crash to get to that level.

lucas.sev

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Quote from: ShroomsKit on June 12, 2013, 05:08:28 PM

I just don't see the big difference in price when people talk about cheap coins. I don't see the point in waiting for a 20 dollar drop. If you believe in Bitcoin long term then everything now is cheap.
Bitcoin either will be worth 0 or a lot. I think most people will agree. In the case it turns out to be a lot then who cares if you bought for 80 or 130 dollars? Those prices will be a joke.
That's why i think the whole cheap coins thing gets a bit stupid at times.

I bought before the hype and i'm still buying every now and then.
Ofcourse i try to pick the best times but really it doesn't bother me if it's 80 or 120.
And i for sure won't love to see the whole Bitcoin economy going down to 50 just to buy a few cheaper coins. Unlike many people here. I think it's ridiculous and rude to think that way. Pure greed.

It makes a massive difference if you buy at 30 vs 110 if bitcoin is going to the moon. You have 3 times as many of them.

ShroomsKit

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Activity: 672

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I just don't see the big difference in price when people talk about cheap coins. I don't see the point in waiting for a 20 dollar drop. If you believe in Bitcoin long term then everything now is cheap.
Bitcoin either will be worth 0 or a lot. I think most people will agree. In the case it turns out to be a lot then who cares if you bought for 80 or 130 dollars? Those prices will be a joke.
That's why i think the whole cheap coins thing gets a bit stupid at times.

I bought before the hype and i'm still buying every now and then.
Ofcourse i try to pick the best times but really it doesn't bother me if it's 80 or 120.
And i for sure won't love to see the whole Bitcoin economy going down to 50 just to buy a few cheaper coins. Unlike many people here. I think it's ridiculous and rude to think that way. Pure greed.

10c

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Quote from: wachtwoord on June 12, 2013, 05:02:46 PM

Quote from: lucas.sev on June 12, 2013, 04:57:57 PM

Quote from: wachtwoord on June 12, 2013, 04:50:43 PM

Twp decades barely classifies as long term, let alone super long term. Super long term is a couple of centuries.

No no, super long term is couple of millenia, couple of centuries is mid-term! Fucking absurd.

Sure. The point I was trying to make is that if you classify long term as anything under 10 years then I question your patience. In investing patience is the most important thing.

So you believe bitcoin in it's current form will be relevant in a decade?

wachtwoord

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Quote from: lucas.sev on June 12, 2013, 04:57:57 PM

Quote from: wachtwoord on June 12, 2013, 04:50:43 PM

Twp decades barely classifies as long term, let alone super long term. Super long term is a couple of centuries.

No no, super long term is couple of millenia, couple of centuries is mid-term! Fucking absurd.

Sure. The point I was trying to make is that if you classify long term as anything under 10 years then I question your patience. In investing patience is the most important thing.

10c

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yup subjective....
In this age we consider 2yrs long term with regards to tech.

ChartBuddy

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lucas.sev

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Quote from: wachtwoord on June 12, 2013, 04:50:43 PM

Twp decades barely classifies as long term, let alone super long term. Super long term is a couple of centuries.

No no, super long term is couple of millenia, couple of centuries is mid-term! Fucking absurd.

10c

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Quote from: ElectricMucus on June 12, 2013, 04:34:48 PM

Quote from: ShroomsKit on June 12, 2013, 04:33:41 PM

Up up up and then new people want cheaps coins and then the people after them etc

I don't want cheap coins, I want free dollars.

Long term bulls are super long time bears....

Uh... that's an other way of looking at it Grin

Yeah of course new people want cheap coins/free cash, but as you might have noticed the definition of cheap changed a lot now;
now we consider 50-80 cheap, in the beginning of the year we considered 10 cheap...
in a while we consider 150 cheap. Cheap is relative to what we perceive the actual value at any given time.
If a mega dump puts us anywhere near 50 huge buy walls will absorb the hit.
I for one will liquidate what assets I can to buy as much as possible. And many others will to.
The first 20 coins I had were in the 15-ish and I didn't think they were cheap at all. I just figured 'ok, now I have bitcoins...'
Since then a lot has changed and I'm working to increase the stack for the long run.
Now days I'm trying to get more people interested in BTC, I build sites that accept BTC and ask if people accept BTC on most purchases I do.

ElectricMucus

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Quote from: wachtwoord on June 12, 2013, 04:50:43 PM

Quote from: ElectricMucus on June 12, 2013, 04:49:17 PM

Quote from: wachtwoord on June 12, 2013, 04:46:46 PM

Quote from: ElectricMucus on June 12, 2013, 04:34:48 PM

Quote from: ShroomsKit on June 12, 2013, 04:33:41 PM

Quote from: 10c on June 12, 2013, 03:51:58 PM

Nah there's enough bulls. Only thing is they want 'cheap' coins at sub 80...
so everybody's waiting for further crashing/deflation.
We just need to wait for the impatient to make a move.
some might call this 'consolidaition' but I think most are just waiting for 'cheap' coins
we have to go to at least 'cheap' coins before we go 'up,up,up'

Up up up and then new people want cheaps coins and then the people after them etc

I don't want cheap coins, I want free dollars.

Long term bulls are super long time bears....

I'm a long term bull. Super longtime I'll likely be dead. If my demise can be diverted (or considerably postponed) I'll change my investment strategies accordingly.

I'm planning to be alive and kickin in two decades, don't know about you. I would be severely disappointed if nothing has come up which out-innovated bitcoin big scale, not the future I have in mind...

Twp decades barely classifies as long term, let alone super long term. Super long term is a couple of centuries.

Well everybody is different. Then in your eyes I am a mid term bull long time bear. I think there is a significant chance that humanity is extinct in your super long term.

wachtwoord

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Quote from: ElectricMucus on June 12, 2013, 04:49:17 PM

Quote from: wachtwoord on June 12, 2013, 04:46:46 PM

Quote from: ElectricMucus on June 12, 2013, 04:34:48 PM

Quote from: ShroomsKit on June 12, 2013, 04:33:41 PM

Quote from: 10c on June 12, 2013, 03:51:58 PM

Nah there's enough bulls. Only thing is they want 'cheap' coins at sub 80...
so everybody's waiting for further crashing/deflation.
We just need to wait for the impatient to make a move.
some might call this 'consolidaition' but I think most are just waiting for 'cheap' coins
we have to go to at least 'cheap' coins before we go 'up,up,up'

Up up up and then new people want cheaps coins and then the people after them etc

I don't want cheap coins, I want free dollars.

Long term bulls are super long time bears....

I'm a long term bull. Super longtime I'll likely be dead. If my demise can be diverted (or considerably postponed) I'll change my investment strategies accordingly.

I'm planning to be alive and kickin in two decades, don't know about you. I would be severely disappointed if nothing has come up which out-innovated bitcoin big scale, not the future I have in mind...

Twp decades barely classifies as long term, let alone super long term. Super long term is a couple of centuries.

ElectricMucus

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Quote from: wachtwoord on June 12, 2013, 04:46:46 PM

Quote from: ElectricMucus on June 12, 2013, 04:34:48 PM

Quote from: ShroomsKit on June 12, 2013, 04:33:41 PM

Quote from: 10c on June 12, 2013, 03:51:58 PM

Nah there's enough bulls. Only thing is they want 'cheap' coins at sub 80...
so everybody's waiting for further crashing/deflation.
We just need to wait for the impatient to make a move.
some might call this 'consolidaition' but I think most are just waiting for 'cheap' coins
we have to go to at least 'cheap' coins before we go 'up,up,up'

Up up up and then new people want cheaps coins and then the people after them etc

I don't want cheap coins, I want free dollars.

Long term bulls are super long time bears....

I'm a long term bull. Super longtime I'll likely be dead. If my demise can be diverted (or considerably postponed) I'll change my investment strategies accordingly.

I'm planning to be alive and kickin in two decades, don't know about you. I would be severely disappointed if nothing has come up which out-innovated bitcoin big scale, not the future I have in mind...

wachtwoord

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Activity: 2324

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Quote from: ElectricMucus on June 12, 2013, 04:34:48 PM

Quote from: ShroomsKit on June 12, 2013, 04:33:41 PM

Quote from: 10c on June 12, 2013, 03:51:58 PM

Nah there's enough bulls. Only thing is they want 'cheap' coins at sub 80...
so everybody's waiting for further crashing/deflation.
We just need to wait for the impatient to make a move.
some might call this 'consolidaition' but I think most are just waiting for 'cheap' coins
we have to go to at least 'cheap' coins before we go 'up,up,up'

Up up up and then new people want cheaps coins and then the people after them etc

I don't want cheap coins, I want free dollars.

Long term bulls are super long time bears....

I'm a long term bull. Super longtime I'll likely be dead. If my demise can be diverted (or considerably postponed) I'll change my investment strategies accordingly.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: ShroomsKit on June 12, 2013, 04:33:41 PM

Quote from: 10c on June 12, 2013, 03:51:58 PM

Nah there's enough bulls. Only thing is they want 'cheap' coins at sub 80...
so everybody's waiting for further crashing/deflation.
We just need to wait for the impatient to make a move.
some might call this 'consolidaition' but I think most are just waiting for 'cheap' coins
we have to go to at least 'cheap' coins before we go 'up,up,up'

Up up up and then new people want cheaps coins and then the people after them etc

I don't want cheap coins, I want free dollars.

Long term bulls are super long time bears....

ShroomsKit

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Activity: 672

Merit: 500

Quote from: 10c on June 12, 2013, 03:51:58 PM

Nah there's enough bulls. Only thing is they want 'cheap' coins at sub 80...
so everybody's waiting for further crashing/deflation.
We just need to wait for the impatient to make a move.
some might call this 'consolidaition' but I think most are just waiting for 'cheap' coins
we have to go to at least 'cheap' coins before we go 'up,up,up'

Up up up and then new people want cheaps coins and then the people after them etc

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32992. (Read 26466841 times)