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Topic: What is your end game if BTC crashes overnight? (Read 4108 times)

newbie
Activity: 38
Merit: 0
It didn't crush, so what now ?
legendary
Activity: 1862
Merit: 1002
I stopped trading BTC a while ago. I only buy them when they are particularly distressed. For now I`m just sitting on several million casinocoin and a few other select alt coins.
legendary
Activity: 1316
Merit: 1014
ex uno plures
Agreed i have sat back with balls of titanium with a grin on my face with a lot of crashes as Troll Boxs erupted with screaming brats freaking out..
And i said watch when it goes down BUYERS will come out in force.. eventually price will go back up and..
I also said lots that if you simply were not aware of a crash and say had been gone from Bitcoin for a month chances are you
it wouldn't look too different, as though all the drama never even happened..
Things look worse when you have the bitcoinwisdom.com web page graph burned into your eye balls lol

Although over all the price is defiantly down.. we're not sitting on 1k BTC anymore and i still don't regret cashing out like 5/6 grand worth either when it was 1k
even though i was told by idiots worked up in a frenzy that 10k per coin was just around the corner. (where are they now ?)
I knew they were full of shit because it was all about new users coming in and Bitcoin hype sweeping the world..
Bitcoin is no longer a secret and there is no one i talk to anywhere that doesn't know what it is. But what do they think about it ? 75% scream Ponzi scheme !

I think a major issue we face is professionalism across the board and THAT is why we have had lower prices and a down trend.
and THAT is why i harp loud and clear to all that will listen that we need to get rid of scammy cloners etc.
I can prove what i am saying easily.. Bitcoin is not getting a good reputation by dipshit Doge coin supporters making pitiful excuses for it.
It's like having a "Mexican highway off-ramp selling oranges stock" mixed in with Apple and Facebook and Microsoft stocks.. it's bs.

In order for Bitcoin to have a future we need to raise the scene to a higher level of maturity and have services and coins that bring professionalism.
Flappycoin is not going to cut it..

I'd love to smack 50% of the Altcoin scene across the face and scream at them loud, wake the fuck up !

Banks and Chinese banks specifically see clearly what is going on and no human on earth from a professional business point of view
would see this alt coin shit and say ohhh yeah lets invest in that. So yes of course Chinese banks and every Bank across the globe are clamping down on us.
and Chinese Banks and other Financial regulation threats have kept our BTC price down.. There was also Russian regulation scares a couple times not long ago too.
And the link is there when assholes keep proclaiming Doge coin as the no. 3 coin and then New Guys come here and see the ANN forum section debacle..
Then game over, most respected people would turn and walk away from this altcoin scene !
When The bank of India warned against Litecoin, Bitcoin and Doge coin they were Warning AGAINST it !
Doge fucktards proudly paraded that around as a "we've been recognized" victory and morons like Cryptsy + Coindesk etc used it as another excuse to advertise and celebrate Doge coin.

I'm telling you guys think about it before it's too late.. we're getting to the point where the alt-coins are going to be dead BTC will be back stuck at $100 each
and all the snotty lippy "Free market" tards will have cashed out and vanished leaving the rest if us holding bag..
they are not going to stick around to hear the I told you so's, so don't let them ruin our scene and drain us dry short term.. stop these assholes now !

I wonder if most people in crypto watch what is going on ? As in do you see the media's response to Bitcoin and Altcoin in all forms of media ?
I see various news stories on tv/video about it and read a lot of tech sites that post crypto stories and the writing is on the wall and can't be ignored
well until you come here and are confronted with trademarked Bitcointalk scammers denial aka: Free Market propaganda i have the right to rip people off bs.
I couldn't care less for example if Cryptsy wants to post excuses on their blog or others here etc either.. when the rest of the world speaks THAT is who & what matters
people outside this scene are the ones that matter not blow hard's desperately clinging to their shrinking altcoin scam clone profits ! Fuck them their idiots with tunnel vision.

Professionalism indeed. (emphasis added)
g4c
member
Activity: 98
Merit: 10
I'm just going to put a gun in my mouth  Cheesy

No seriously, I'm selling right now. I'm taking the same amount out as I have in. I'm still way ahead, but this saddens me. I've watched this market for about 2 years and it has never done this. When it would crash before it would jump right back. Now it's just a steady decline, followed by a steep decline, followed by more steady decline.  Sad



Log scale

OMFG, I F'kin LOVE Beaker! So tweaky! Always was the best part of the Muppet Show for me  Cheesy Cheesy Cheesy
sr. member
Activity: 392
Merit: 250
Bitcoin will survive
i think before btc crashes fiat does
I think many times we have these rumors bitcoin is going to crush but its not going to crush its just gamblers games going here  Wink
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Agreed i have sat back with balls of titanium with a grin on my face with a lot of crashes as Troll Boxs erupted with screaming brats freaking out..
And i said watch when it goes down BUYERS will come out in force.. eventually price will go back up and..
I also said lots that if you simply were not aware of a crash and say had been gone from Bitcoin for a month chances are you
it wouldn't look too different, as though all the drama never even happened..
Things look worse when you have the bitcoinwisdom.com web page graph burned into your eye balls lol

Although over all the price is defiantly down.. we're not sitting on 1k BTC anymore and i still don't regret cashing out like 5/6 grand worth either when it was 1k
even though i was told by idiots worked up in a frenzy that 10k per coin was just around the corner. (where are they now ?)
I knew they were full of shit because it was all about new users coming in and Bitcoin hype sweeping the world..
Bitcoin is no longer a secret and there is no one i talk to anywhere that doesn't know what it is. But what do they think about it ? 75% scream Ponzi scheme !

I think a major issue we face is professionalism across the board and THAT is why we have had lower prices and a down trend.
and THAT is why i harp loud and clear to all that will listen that we need to get rid of scammy cloners etc.
I can prove what i am saying easily.. Bitcoin is not getting a good reputation by dipshit Doge coin supporters making pitiful excuses for it.
It's like having a "Mexican highway off-ramp selling oranges stock" mixed in with Apple and Facebook and Microsoft stocks.. it's bs.

In order for Bitcoin to have a future we need to raise the scene to a higher level of maturity and have services and coins that bring professionalism.
Flappycoin is not going to cut it..

I'd love to smack 50% of the Altcoin scene across the face and scream at them loud, wake the fuck up !

Banks and Chinese banks specifically see clearly what is going on and no human on earth from a professional business point of view
would see this alt coin shit and say ohhh yeah lets invest in that. So yes of course Chinese banks and every Bank across the globe are clamping down on us.
and Chinese Banks and other Financial regulation threats have kept our BTC price down.. There was also Russian regulation scares a couple times not long ago too.
And the link is there when assholes keep proclaiming Doge coin as the no. 3 coin and then New Guys come here and see the ANN forum section debacle..
Then game over, most respected people would turn and walk away from this altcoin scene !
When The bank of India warned against Litecoin, Bitcoin and Doge coin they were Warning AGAINST it !
Doge fucktards proudly paraded that around as a "we've been recognized" victory and morons like Cryptsy + Coindesk etc used it as another excuse to advertise and celebrate Doge coin.

I'm telling you guys think about it before it's too late.. we're getting to the point where the alt-coins are going to be dead BTC will be back stuck at $100 each
and all the snotty lippy "Free market" tards will have cashed out and vanished leaving the rest if us holding bag..
they are not going to stick around to hear the I told you so's, so don't let them ruin our scene and drain us dry short term.. stop these assholes now !

I wonder if most people in crypto watch what is going on ? As in do you see the media's response to Bitcoin and Altcoin in all forms of media ?
I see various news stories on tv/video about it and read a lot of tech sites that post crypto stories and the writing is on the wall and can't be ignored
well until you come here and are confronted with trademarked Bitcointalk scammers denial aka: Free Market propaganda i have the right to rip people off bs.
I couldn't care less for example if Cryptsy wants to post excuses on their blog or others here etc either.. when the rest of the world speaks THAT is who & what matters
people outside this scene are the ones that matter not blow hard's desperately clinging to their shrinking altcoin scam clone profits ! Fuck them their idiots with tunnel vision.
hero member
Activity: 560
Merit: 500
I don't invest in BTC the money I need tomorrow and I don't look to the price too much. I believe in the premises behind BTC, so I believe that a complete crash is not likely.

Have fun and stop worrying.
sr. member
Activity: 951
Merit: 252
As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio?

I think I'll put all of my BTC into Ripple for these reasons:

- It has strong financial backing (Google, Andreessen Horowitz etc)
- Disruptive technology without the Gov't heat (Bitcoin exchanges in China are closing, while Ripple gateways in China are opening)
- The technology is everything bitcoin but more (faster, more secure, more functions etc)
- From the above reasons, a high likely-hood of success/ price rise (therefore, making back my losses)

Have you been tricked into thinking Ripple is a scam? http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/


Anyway, those are my reasons. What's your end game?

be in there buying every last BTC  I can afford

This.

Short of the United States banning the use of Bitcoin a total collapse to BTC's death is unlikely, normal market history shows that a crash will always be succeeded by a recovery. If you have the spare money to do it, always buy during/after a crash.
newbie
Activity: 28
Merit: 0
I'm just going to put a gun in my mouth  Cheesy

No seriously, I'm selling right now. I'm taking the same amount out as I have in. I'm still way ahead, but this saddens me. I've watched this market for about 2 years and it has never done this. When it would crash before it would jump right back. Now it's just a steady decline, followed by a steep decline, followed by more steady decline.  Sad




+1000
sr. member
Activity: 241
Merit: 250
Time you enjoy wasting is not wasted time.
I'm just going to put a gun in my mouth  Cheesy

No seriously, I'm selling right now. I'm taking the same amount out as I have in. I'm still way ahead, but this saddens me. I've watched this market for about 2 years and it has never done this. When it would crash before it would jump right back. Now it's just a steady decline, followed by a steep decline, followed by more steady decline.  Sad



Log scale

NWO
sr. member
Activity: 392
Merit: 250
MAXCOIN

that is all...

Sounds like a bagholder response Tongue
legendary
Activity: 1218
Merit: 1000
MAXCOIN

that is all...
hero member
Activity: 602
Merit: 500
i think before btc crashes fiat does
newbie
Activity: 27
Merit: 0
It's always better to just shut up and hodl your bitcoin.  
Because one day, they will become valuable the rarer they become.

And thats when Bitcoin will become just like gold, a universally  accepted currency.
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
Ripple ? nah
hero member
Activity: 686
Merit: 501
Stephen Reed
Looking for the exits.

Yet another negative sentiment indicating that bitcoin is nearing the bottom of the November 2013 bubble.

I have been steadily buying fractional coin from my local Robocoin ATM. Should bitcoin crash down to say $380 as some envision, then I would be happily be buying more.

My GPU mining rigs are currently leased to scrypt-miners. New scrypt ASICs will make me migrate to scrypt-N by this fall I think.
hero member
Activity: 525
Merit: 500
buy buy buy, hold hold hold.
NWO
sr. member
Activity: 392
Merit: 250
Well diversified in crypto coins and crypto businesses. Including Ripple.

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™

All the reason i need was the recession that hit around the world in 2003 roughly that people forgot about quickly.


what recession  Huh oh wait I'm aussie we didn't have one  Grin

Ya we in Canada fared pretty good too Smiley

also when i go to places like coindesk i see a seriously huge amount of good news and support vs the odd bad news story.
and these good news stories are very very very reputable !
there is so many new Bitcoin start ups with people actually investing huge amounts of money and time and energy etc.

Altcoins on the other hand are in a precarious position i think though.. that is a whole other game going on there. (yet linked i think we agree)

edit:
What matters now is...
Microsoft announced the Windows Start menu was coming back (and showed video of it at a keynote) for windows 8.. so hell froze over so.... that means...
Bitcoin to 10 grand is coming soon i am sure Smiley
I would like to formerly register my "I TOLD YOU SO" to all the mouthy MS cheerleaders out there that said it's "never" coming back lol
I told you so lol

PS: windows 8 sucks !
newbie
Activity: 35
Merit: 0
No exit strategy. All in.  Cool Just like early adopters that were paying electricity from their pockets.
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