Where you see a Crash, I see a Fire Sale! - page 5.

mrcash02

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Quote from: Kakmakr on February 12, 2018, 02:31:25 AM

Quote from: Bolt Brownie on February 11, 2018, 02:23:42 PM

Although I agree with you, when you say that this is a great opportunity to buy bitcoin now, I don't think that focusing and justifying the buy based on bitcoin price is a good approach. I think that, is what put us in this this massive sell out in the first place. And if I'm completely honest, I guess that was what put us at the all time highs as well.

What I really want to see, is people talking about bitcoin development, and the progress that is being made in terms of regulation. This is what will get us the adoption we all want, because BTC is a solid project with tremendous potencial.

This is not the point. People are obsessed with the price and how much profit they can make. If this is important to them and they care less about the fundamental technology and the principle behind it, then we should promote that. They want profit, so we show them the potential to make that profit.

We have to remember, most people do not use bitcoins because it is cheaper or faster than traditional payment methods, they use bitcoin because they can make quick profits. If we deny that, then we lie to ourselves.

Let them do what they want, it is always a WIN/WIN situation for us, whatever the reason might be for them to use Bitcoin. They will soon realize that Bitcoin is so much more than a Get, Rich quick scheme. ^smile^

It's true. We should bring everyone to adopt Bitcoin taking in consideration their particular expectations about the currency. If it's profit they want, promote the profit feature, if it's hype they want, promote the hype, if it's accessibility they want, promote the accessibility.

This way we aren't segregating any investor's profile, but uniting all these profiles around a common ideal, that is Bitcoin ascension.
When we say what must be the focus (taking our personal expectation as it should be the same for all), we are just moving away potential investors that could help increasing Bitcoin's demand.

Mometaskers

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Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

This. Don't get into debt trying to make a profit out of anything, especially if you are not sure when the profit would be coming in. Only use money you can afford to lose.

Kakmakr

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Quote from: Bolt Brownie on February 11, 2018, 02:23:42 PM

Although I agree with you, when you say that this is a great opportunity to buy bitcoin now, I don't think that focusing and justifying the buy based on bitcoin price is a good approach. I think that, is what put us in this this massive sell out in the first place. And if I'm completely honest, I guess that was what put us at the all time highs as well.

What I really want to see, is people talking about bitcoin development, and the progress that is being made in terms of regulation. This is what will get us the adoption we all want, because BTC is a solid project with tremendous potencial.

This is not the point. People are obsessed with the price and how much profit they can make. If this is important to them and they care less about the fundamental technology and the principle behind it, then we should promote that. They want profit, so we show them the potential to make that profit.

We have to remember, most people do not use bitcoins because it is cheaper or faster than traditional payment methods, they use bitcoin because they can make quick profits. If we deny that, then we lie to ourselves.

Let them do what they want, it is always a WIN/WIN situation for us, whatever the reason might be for them to use Bitcoin. They will soon realize that Bitcoin is so much more than a Get, Rich quick scheme. ^smile^

Bolt Brownie

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Although I agree with you, when you say that this is a great opportunity to buy bitcoin now, I don't think that focusing and justifying the buy based on bitcoin price is a good approach. I think that, is what put us in this this massive sell out in the first place. And if I'm completely honest, I guess that was what put us at the all time highs as well.

What I really want to see, is people talking about bitcoin development, and the progress that is being made in terms of regulation. This is what will get us the adoption we all want, because BTC is a solid project with tremendous potencial.

StochasticOrder

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A lot of people I've seen panic selling are newer investors who wanted to get rich quick. The media portrays it as if it's just buy the coins and next month you have 100X your investment. What they don't realize is historically you had to HODL to realize gains close to that amount. This feels like 2013/14 all over again, although the market is mature enough now that we hopefully wont have to wait over a year for recovery in price. Either way, long term the price will be massively higher and people that panic sell now can look back at this post in regret wishing they would've bought in/not sold at today's prices.

Jombitt

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Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60%
Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly.

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

uhh. we have the same feeling when the bitcoin value is dumping, to buy more bitcoin because its more cheap. It doesn't matter if our funds are limited as long as we buy bitcoin at a low price. Well then see you also when bitcoin came back to 20k $. Im excited that to happen

jaysabi

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Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60%
Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly.

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

The scary part of this is people who see a bubble price and then a crash and then think that the bubble price was the fair value price and not an outlier or the market being irrational, and therefore think the crash is the error and that it's guaranteed to return to the bubble price. Dream your dreams, hope your hopes, but don't let blind optimism lead you astray. Repeating a mistake after a wake-up call is completely on you.

krauzzer02

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How many times had bitcoin died and crashed? from the start of the era of this coin up until now, the freaking media and the fudder groups makes it dead from the eyes of the holders, posting some articles and news, bitcoin is a bubble, the coins just burst, jump from the hype boat, its a scam coin don't buy, again and again the cycles of their words don't fail to frustrate me from the beginning, yet here we are again, golden opportunity to grab, like the OP, said it's a freaking fire sale party don't miss it saying at the end of the day I failed to ride the rocket.

Nakakapagpabagabag

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Yes it's really a good time! Because we can buy Bitcoins's discounted price. Many people fear that the price of bitcoins has fallen. But with traders it's a good time to buy sweet candy! Surely with the rise of the bitcoins prices they will earn big profits.

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Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60%
Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly.

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

This should really be done but we cant really deny the fact that not all people do have that kind of confidence or would really took the risk anytime on buying cheap coins or crypto and people would really always have different wants in life and priorities which means buying crypto would be still debatable but if you do have the extra money and capability to do such thing then investing on crypto would really be the best choice.

cynical

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Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60%
Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly.

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

I am absolutely not dumping either.
Like you i get a weekly wage and after the necessary bill payments and expenses i cannot buy as much as i would like,
But the number 1 is the essential bills and other responsibilities.
There is no way i would buy crypto on credit,
Like anything else if you cannot afford it dont buy it.

yamete kudasai

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Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60%
Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly.

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

I am thinking of the same thing. And I think it is more appropriate to see backdrops as an opporunity to invest rather than to see it as a threat for you to be worried or scared of. Investing will yield to huge profit whenever its market value crashes because it will eventually increase. And as its market price increases, same thing will happen to your profit.

Shunyo

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I also think that way every time I save some money which I know I would have spent casually I buy some crypto, it will pay in the long term, collect as many satoshis as you can at various price points so it averages out at a good price.

Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60%
Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly.

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

aardvark15

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Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60%
Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly.

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

Buying on the drop is the right way to look at it. Especially with a crash like we had with the price so much lower than the all time high.

I’ve tried to buy as much as I can. The other key is to be willing to be patient and hold for as long as it takes for Bitcoin to recover. It could take more than a year to get back to $20,000.

CryptoBry

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Yes, sir, see you at the $20,000. This is the kind of attitude that all of us should be displaying if we want to continue dealing with Bitcoin and the rest of the cryptocurrency world. We should be seeing things as half-full rather than half-empty and should not easily cry when Bitcoin is getting into its many dips. The point here is that there is a need for Bitcoin to make big retreats so that it can avoid becoming the bubble that burst...but not also going into the meltdown. I am so sure that soon things will be running good for Bitcoin and as a result there will be monumental comeback.

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Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60%
Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly.

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

!!!See you at $20,000!!!

If you invest only small amounts every week, your strategy will still pay off. I do believe that Bitcoin will rebound sooner or later, and we will cross $20k. The problem comes when people got greedy and invested significant amounts when Bitcoin was rushing past $15k.
For those who buy on credit, I have no words to add. They are doing nothing but gambling and wrong calls will really hurt them.

hase0278

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Quote from: ralle14 on February 11, 2018, 09:01:11 AM

Me. They also say bitcoin is dead, no future, won't survive, every single time when the price experience dips or correction.

That's how it has always been right since the inception of bitcoin? Just cope up with it and sooner or later you wont even have an ounce of worry even if many people started spreading doom post about bitcoin. Just always remember that bitcoin is resilient and it have a chance for recovery every time it dumps so take the risk so that you wont regret and say that you missed the bitcoin boat after it has pumped again.

1Referee

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Same here. I always do the opposite of what the majority of the people here do. They buy, I sell. They sell, I buy. It's a vice versa cycle that throughout the years has never changed, and likely never will change, and honestly speaking, I don't want it to change. It may sound a bit harsh, but this market isn't a playing ground for brainless imbeciles thinking to get rich effortlessly. People look at how the market has gone up, and see it as an easy way of making money, but they don't take into consideration how brutal this market from time to time can be. It can be so brutal, that it messes with them on a mental level, making them do things in a split second they later will heavily regret. Stay away if you can't handle it. Unerestimating this market will result in severe losses.

ralle14

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I would do the same thing if I had a lot of spare cash lying around. Maybe people who started selling while bitcoin was still high back then are people that wanted to ensure their profits. I myself cashed some out while bitcoin was high and felt it was wrong because bitcoin could recover at any time of the day.

Quote from: Kakmakr on February 11, 2018, 07:15:42 AM

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Not me. They also say bitcoin is dead, no future, won't survive, every single time when the price experience dips or correction.

just_Alice

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Glad there are still so, I would say realistic people. Certainly it is now the right time to buy as much BTC as you can, in such situations people just need to rely on professionals' opinions, like Winklevoss, for instance. Not sure if they have a deep knowledge about BTC and how it works, but I doubt that they would invest millions in something not worthy, even if they're not professionals themselves, they definitely hired one of the best consultors. Unfortunately, lots of people think that they should know better.

Topic: Where you see a Crash, I see a Fire Sale! - page 5. (Read 674 times)