What is your end game if BTC crashes overnight? - page 2.

CryptoClub

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Quote from: frobley on April 04, 2014, 03:59:15 AM

Quote from: ilccoin on April 04, 2014, 01:15:43 AM

just wait. there have been a lot of crashes. btc came around every time.

it hasn't been possible to take short positions previously

True, but if they knock it much below 400usd they will break their new toy, people might buy Alts or silver. Hence, BTC 400-600 for quite some time into the future. Pump and dump coin? Although people could just hold and not sell, buy and not sell, but they would have to stop falling for every press release and rumor first. Perhaps work on adding new ideas to Bitcoin could help make it more mainstream. (I like "mBTC" for wallets and such to help with mass adoption)

As for end game, if it is just to be manipulated to death: I have a lot of DRK and in some BTC store of value alternatives like BC, and the network advantage of Myriadcoin is fascinating. Not selling into fiat no matter what, personally.

frobley

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Quote from: ilccoin on April 04, 2014, 01:15:43 AM

just wait. there have been a lot of crashes. btc came around every time.

it hasn't been possible to take short positions previously

brooklynite

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Quote from: TheWhale on April 03, 2014, 01:41:31 AM

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?

BTC Hits sub $400 I will use all my cash to buy BTC
Hits sub $300 I will use all my savings to buy BTC
Hits sub $200 I will mortgage our home to buy more BTC
Goes above 10,000 I will retire.

ilccoin

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just wait. there have been a lot of crashes. btc came around every time.

evoked22

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I stopped reading after the word Ripple Tongue

Bit_Happy

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A Great Time to Start Something!

Quote from: g4c on April 03, 2014, 02:27:31 PM

Quote from: Bit_Happy on April 03, 2014, 01:10:16 PM

Quote from: g4c on April 03, 2014, 12:43:51 PM

....
The rats will jump ship:

Many rats are secretly buying more cheap coins, while they post FUD all over the forum.

Lol of course you are correct! Price chart is flattening and tightening now, so soon we may see those mega-rats buy in and pump.

Me, I'm already all in.... I guess we're all rats deep down. Cheesy

I'm all in too...
These days I "buy more" doing various types of work for BTC.

zedicus

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CryptoTalk.Org - Get Paid for every Post!

bitcoin does one of two things .. crashes then it rally's!!
If its not doing one its doing the other so...

prepare your fiat and plant yourself right in the middle of these two events and you will be grinning ear to ear!
Luck favors the well prepared so ..

when it crashes i "buy".. and when it "rallys" i cash out some so i can buy the next time it crashes!

Wait, you guys are buying low and selling high right? Cheesy

s1gs3gv

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ex uno plures

Quote from: Lethn on April 03, 2014, 02:31:22 AM

I think Bitcoin is moving exactly as I thought it would this year, probably going to hit the $200 and then there will be a massive buy frenzy from the big traders.

Bitcoin prices will trend towards the cost of mining bitcoin + 7%. There will be a massive frenzy, but it won't be a buying frenzy. Spend it now while it is worth something.

Use of malicious negative trust to suppress free speech discredits the bitcoin community

kelsey

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I'm indifferent to the price of cryptos vs fiat as i don't trade out to fiat, so no real crashes imo, just inta crypto trading opportunities, ups downs need them both......ups wouldn't be ups if it werent for the downs Wink

kelsey

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Quote from: Spoetnik on April 03, 2014, 07:25:56 PM

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

Spoetnik

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FUD Philanthropist™

agreed !
Don't Panic people Wink

I really wish China would just fuck off already i am soo sick of them affecting market prices.
i wish they would just ban it once and for all and leave !

Let the rest of us in the world carry on with out them..

Bitcoin may have a lot of big rich bag holders but i'd rather be invested in a currency held by them vs Banks and Gov printing money.
Never mind the fact the digital currency is more advanced and useful.. It truly is a revolutionary way doing money.

All the reason i need was the recession that hit around the world in 2003 roughly that people forgot about quickly.
You all want to support that bs ? I sure as hell don't !
http://en.wikipedia.org/wiki/Early_2000s_recession

Verge

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"Buy when there's blood in the streets, even if the blood is your own"

Not quite enough blood yet if you ask me, maybe that sub $200 someone was speaking of?

timmyd

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Quote from: Bitcoin Magazine on April 03, 2014, 04:09:06 PM

i created a value in my database saying "21000000"

all i have to do is transfer 50 to an account, and call it genesis hash, etc.. we can use them to buy apples, etc..

This has been forgotten about im afraid. everyone wants btc/usd and not btc/economy

CryptoBroker79

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People need to stop micro-analyzing every minor market move. Bitcoin is a step forward for a society whose entire economic structure is on the brink of collapse because of its inefficiencies. Be patient, don't panic sell, and buy yourself something nice in a couple of years.

marine4u

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Quote from: feina24h on April 03, 2014, 03:56:10 PM

USD can crash but not BTC, Even if BTC value goes to 1USD its not a crash.

Why because you can still get the same amount of LTC in exchange when it is 1 USD?

While you can still get an iPhone in exchange for 1 BTC now, when the price is 1 USD you will barely get a can of soda, that's not a crash?

That's a Crash

Warning__3

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I would just hold the few i got and wait for that future return of the cryptos Tongue

Bitcoin Magazine

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i created a value in my database saying "21000000"

all i have to do is transfer 50 to an account, and call it genesis hash, etc.. we can use them to buy apples, etc..

feina24h

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USD can crash but not BTC, Even if BTC value goes to 1USD its not a crash.

greentea

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Last April, from bitcoinwisdom, the spike up to $260 saw a retrace to $45 or 83% ...

A similar retrace now with a high of ~$1250 could see prints of $215-200 ... don't be surprised, although last time it was quick and sharp with a fast rebound, this time lots of external factors pushing prices down.

r0ach

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The original poster is a ripple shill that constantly posts crap like this, probably works there.

Topic: What is your end game if BTC crashes overnight? - page 2. (Read 4108 times)