Topic: What is your personal "oh shit" price? - page 2. (Read 3937 times)
I see we are nearing the "Capitulation" stage based on the thread subject...
I guess about 3900 USD/BTC.
IOW if I see the price is $50 tomorrow I'll hunt around and try to find out WHY. If it turns out someone's found a way to double-spend, or broken ecdsa, or the last twenty blocks in a row have all had a Merkle root spelling "LOLFAG" in ASCII, I'll sell toot sweet. If it's because MtGox has closed shop or someone's run off with online wallet funds or China's assassinated Gavin Andresen, I'll take advantage of the panic and buy, buy, buy.
That pretty much sums up my attitude also.
I bought my bitcoin investment stash in April 2013 so u can figure out when I start sweating 
. Still hodling ever since.
Ive been buying on dips since november, and will buy more soon, however any new btc I buy goes for investments in other stocks or coins or for purchasing goods and services.
. Still hodling ever since.Ive been buying on dips since november, and will buy more soon, however any new btc I buy goes for investments in other stocks or coins or for purchasing goods and services.
Is there some weird 'hodling' meme going on in the economics section, or is it simply a lack of coordination in bitcoin owners?
I bought my bitcoin investment stash in April 2013 so u can figure out when I start sweating . Still hodling ever since.
Ive been buying on dips since november, and will buy more soon, however any new btc I buy goes for investments in other stocks or coins or for purchasing goods and services.
. Still hodling ever since.Ive been buying on dips since november, and will buy more soon, however any new btc I buy goes for investments in other stocks or coins or for purchasing goods and services.
below $600 I may buy some more
below $400 I WILL buy more.
*assuming the drop is due to market jitters and weak hands, rather than major bad news
below $400 I WILL buy more.
*assuming the drop is due to market jitters and weak hands, rather than major bad news
If it goes below $300 I sell everything and invest in a different coin.
Please send me a PM then: I will buy all your coins.
I've been saying, "Oh shit!" pretty much every day for a few years now.
+1000000/thread
^^This. How many times have people thought it was the end? Strong hands win every time.
I've been saying, "Oh shit!" pretty much every day for a few years now.
+1000000/thread
Personal Secret price? Before I subscribe cloudhashing services, I have estimated the price tag comparing with others.
Currently If Under than USD 70 per 1 BTC, there is problem.
Currently If Under than USD 70 per 1 BTC, there is problem.
if it goes under 100$ Im taking as big a loan as I can get to buy as many as I can. thats my oh shit reaction. if its sub 300 Ill be full btc but no debt.
If it goes under 300 you should take the loan. If it goes under 100, you should get all out. Bitcoin would not recover from 100 and be perceived dead for real. It would absolutely crush bitcoin confidence.
I don't have an "oh shit" price. Quite the contrary, the lower it goes the more urgently I'll try to find some spare GBP to buy more BTC.
What I do have is a (very mild) "oh shit" worry about the soundness of the bitcoin protocol. My confidence in Bitcoin is entirely based on what I've understood about the protocol (the mining, the validation, the consensus mechanism, the blockchain etc etc). If a fatal weakness gets discovered tomorrow I just hope I can cash out in time. Then again I've been following this for over two years now and every time I learn a bit more about the guts of Bitcoin, I'm more impressed.
IOW if I see the price is $50 tomorrow I'll hunt around and try to find out WHY. If it turns out someone's found a way to double-spend, or broken ecdsa, or the last twenty blocks in a row have all had a Merkle root spelling "LOLFAG" in ASCII, I'll sell toot sweet. If it's because MtGox has closed shop or someone's run off with online wallet funds or China's assassinated Gavin Andresen, I'll take advantage of the panic and buy, buy, buy.
What I do have is a (very mild) "oh shit" worry about the soundness of the bitcoin protocol. My confidence in Bitcoin is entirely based on what I've understood about the protocol (the mining, the validation, the consensus mechanism, the blockchain etc etc). If a fatal weakness gets discovered tomorrow I just hope I can cash out in time. Then again I've been following this for over two years now and every time I learn a bit more about the guts of Bitcoin, I'm more impressed.
IOW if I see the price is $50 tomorrow I'll hunt around and try to find out WHY. If it turns out someone's found a way to double-spend, or broken ecdsa, or the last twenty blocks in a row have all had a Merkle root spelling "LOLFAG" in ASCII, I'll sell toot sweet. If it's because MtGox has closed shop or someone's run off with online wallet funds or China's assassinated Gavin Andresen, I'll take advantage of the panic and buy, buy, buy.
Don't care how low it goes
what i put in ,I can afford to lose
Be surprised it it went to 0 as too many who would buy the cheap coins,so will always have a value
Oh, and for the trolls,this ain't a ponzi,
a ponzi dies on the first crash, no exceptions
Bitcoin will lose value because of weak hands responding to Government pressure and media FUD not because it's a bad idea
what i put in ,I can afford to lose
Be surprised it it went to 0 as too many who would buy the cheap coins,so will always have a value
Oh, and for the trolls,this ain't a ponzi,
a ponzi dies on the first crash, no exceptions
Bitcoin will lose value because of weak hands responding to Government pressure and media FUD not because it's a bad idea
I don't know what my "oh shit" level would be... lots of low projections on this post for whatever reason.
I would be shocked if the price went under $500 on this dip.
there's no knowing where it's going. - willy wonkaI would be shocked if the price went under $500 on this dip.
yeah there are just so many speculators and not enough commercials. the weight of a speculator crash could certainly bring it down to 350.
0.000000001 USD.
I don't know what my "oh shit" level would be... lots of low projections on this post for whatever reason.
I would be shocked if the price went under $500 on this dip.
I would be shocked if the price went under $500 on this dip.
I've been saying, "Oh shit!" pretty much every day for a few years now.
+1+2
I'm all or nothing.
Unless I urgently need cash in USD and the price is 1/10 of what I bought it for. Oh shit!
Unless I urgently need cash in USD and the price is 1/10 of what I bought it for. Oh shit!
I've been saying, "Oh shit!" pretty much every day for a few years now.
+1 
I've been saying, "Oh shit!" pretty much every day for a few years now.
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