Was it ever this hard to hold? - page 2.

piramida

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Borsche

Quote from: NotLambchop on January 04, 2015, 02:02:41 PM

Quote from: piramida on January 04, 2015, 02:00:09 PM

... Bitcoin the network is growing stronger every day ...

If bills could be paid with hashrate instead of money, you'd have a point.

Why the hell someone would be investing in risky long-term assets if they have problem paying the bills, I wonder?

Hashrate *is* value. Either it has to start going down significantly, and soon (we are in one year of bear, afterall), or the price has to catch up, discrepancy that big can't exist.

Bit_Happy

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A Great Time to Start Something!

Quote from: piramida on January 04, 2015, 02:00:09 PM

Bitcoin? Drops? What are you talking about?

Price that some people sell their bitcoins for is dropping - maybe, but not anything else. Bitcoin the network is growing stronger every day: https://blockchain.info/charts/hash-rate?showDataPoints=false×pan=2year&show_header=true&daysAverageString=7&scale=0&address=

That chart is stunning, and it makes late 2013 look near zero, but I remember then the hashrate seemed very high.

kingscrown

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http://fuk.io - check it out!

Quote from: piramida on January 04, 2015, 02:00:09 PM

Bitcoin? Drops? What are you talking about?

Price that some people sell their bitcoins for is dropping - maybe, but not anything else. Bitcoin the network is growing stronger every day: https://blockchain.info/charts/hash-rate?showDataPoints=false×pan=2year&show_header=true&daysAverageString=7&scale=0&address=

technology is not dying just price is. and most peopel joined on the buble so they are now scared

SmoothCurves

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Quote from: okthen on January 04, 2015, 01:26:22 PM

I bought in before the November '13 bubble, so I've seen lower prices.
I am not selling because I believe bitcoin should be and probably is the future.
I'm not trading because I lack the experience, and don't feel this market is the best to start with.

But still, it feels hard to hold!
For those around for a longer time, was the sentiment ever like this?

Agreed. How many coins are you up to now?

NotLambchop

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Quote from: piramida on January 04, 2015, 02:00:09 PM

... Bitcoin the network is growing stronger every day ...

If bills could be paid with hashrate instead of money, you'd have a point.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Bitcoin? Drops? What are you talking about?

Price that some people sell their bitcoins for is dropping - maybe, but not anything else. Bitcoin the network is growing stronger every day: https://blockchain.info/charts/hash-rate?showDataPoints=false×pan=2year&show_header=true&daysAverageString=7&scale=0&address=

JimboToronto

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You're never too old to think young.

Quote from: okthen on January 04, 2015, 01:26:22 PM

it feels hard to hold

If it's worth doing, it's worth the effort.

Otherwise you may as well just cop out and try to get rich quick by trading.

NotLambchop

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Quote from: Balls on January 04, 2015, 01:44:39 PM

...It's too big to fall ...

Don't you mean too big to fail^TM?

picolo

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Quote from: okthen on January 04, 2015, 01:26:22 PM

I bought in before the November '13 bubble, so I've seen lower prices.
I am not selling because I believe bitcoin should be and probably is the future.
I'm not trading because I lack the experience, and don't feel this market is the best to start with.

But still, it feels hard to hold!
For those around for a longer time, was the sentiment ever like this?

Bitcoin has seen bigger drops before and the market is very volatile and fragile right now but could recover very fast.

Balls

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Activity: 338

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Quote from: okthen on January 04, 2015, 01:26:22 PM

I bought in before the November '13 bubble, so I've seen lower prices.
I am not selling because I believe bitcoin should be and probably is the future.
I'm not trading because I lack the experience, and don't feel this market is the best to start with.

But still, it feels hard to hold!
For those around for a longer time, was the sentiment ever like this?

Agreed with all and same for me really, though I don't think it's hard for me to hold but it is frustrating, but I think bitcoin will do much better over time so we just need patience.

Quote from: podyx on January 04, 2015, 01:28:28 PM

I have no problem buying and holding when prices go down

I'm just worried that I may be wrong and bitcoin is eventually headed for $0

There's always a risk of that, but it's very unlikely it will ever go to zero anytime soon. It's too big to fall to that point it'll always rebound at some point.

RyNinDaCleM

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Legen -wait for it- dary

Quote from: ?? on ??

$30 -> $2 for 17 months.

It was 5 months

But yes, the market is much like it was in 2011. Despair, panic, fear... These are normal feelings when nearing the end of a bear market.

neurotypical

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If it's money you can afford to lose then you just hold long term, if you believe in the asset and you think price is low, keep buying a bit each month and stack some more. You may lose at the end or win at the end, we never know what is next after a mega storm like the one we are at. Big riskers can lose big but win big time.

bigtimespaghetti

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bigtimespaghetti.com

I had hardly any BTC when I joined the forum and bought before the first bubble. I did not frequent the speculation forum, so didn't pay much attention to sentiment (stupid I know).

If you haven't cut some of your loose by now, then I'm not sure it is a good time to sell. I think a bottom is near though.

You always need to have a price in mind when to buy both the high to sell at and the maximum loss you're willing to take.

I'll let some old timers tell you about sentiment, I'm guessing when BTC went from 30-3? That's a bigger haircut than now for sure.

podyx

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I have no problem buying and holding when prices go down

I'm just worried that I may be wrong and bitcoin is eventually headed for $0

okthen

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Activity: 490

Merit: 500

I bought in before the November '13 bubble, so I've seen lower prices.
I am not selling because I believe bitcoin should be and probably is the future.
I'm not trading because I lack the experience, and don't feel this market is the best to start with.

But still, it feels hard to hold!
For those around for a longer time, was the sentiment ever like this?

Topic: Was it ever this hard to hold? - page 2. (Read 1629 times)