Author

Topic: why are we going down? (Read 2147 times)

legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
January 24, 2014, 12:37:04 AM
#19
It's pretty amusing for anyone who bought BTC at less than 10 bucks or hundred to read of people considering prices are down when BTC is over $800 a coin against usd.

What is down? We haven't gone down in a while.  Bitcoin has hardly ever been this stable. At over $800!  How is that down, so confused.
hero member
Activity: 840
Merit: 1000
January 23, 2014, 09:11:46 PM
#18
Hello , I did not noticed the 'downtrend' because my time was full of mining alt coins.
So why are we going a bit down? Any new fud news I missed? Roll Eyes

We're not going down.

LOL  Cheesy
hero member
Activity: 1470
Merit: 504
January 23, 2014, 07:38:09 PM
#17
who isn´t?HuhHuhHuhHuh

Not me... I mined it for a little while but got out quick...

tell us why!

Because I don't give it the same value I give to BTC or LTC.

Bitcoin has earned my belief with innovation, ideology, and development.

Litecoin has earned my belief with innovation, ideology, and development.

DOGE has a powerful marketing department. Marketing is only useful when either a product delivers as promised, or has a customer base foolish enough that they will continue to buy without regard to what they are buying or why they are buying it...

When I was young I witnessed my father getting scammed by a local business. My dad said, "Make this right or I'll never do business with you again." The scammer responded, "Fine, don't do business here again. I can rip everybody off once and make enough money that I never have to worry about repeat business."

This is the power of marketing...

No, DOGE isn't a scam. But I won't buy it if I don't believe in it...

I view DOGE as no more than a gateway into the long term crypto currencies. If the only reason people are interested in DOGE is because they can become wealthy then it's doomed...

so mine it and trade it for BTC or LTC

It would be selfish for me to do that because I would be a parasitic user and would contribute to driving the price lower.

I mine LTC and hold it.
I buy Bitcoin with fiat and hold it.

I did mine it for a little while and I sold it all. It was more profitable for me than mining LTC but somebody else had to lose as a result of me doing this. I'll just keep mining LTC and converting my fiat to BTC.

I think the "masses" who buy DOGE are pulled in by the marketing. The rest of the DOGE crowd is likely just day trading to get wealthier and could care less of the fate of DOGE.

You get to keep some extra profits by my choice not to mine DOGE so you could thank me for that! I would just sell anyways...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
January 23, 2014, 06:54:49 PM
#16
who isn´t?HuhHuhHuhHuh

Not me... I mined it for a little while but got out quick...

tell us why!

Because I don't give it the same value I give to BTC or LTC.

Bitcoin has earned my belief with innovation, ideology, and development.

Litecoin has earned my belief with innovation, ideology, and development.

DOGE has a powerful marketing department. Marketing is only useful when either a product delivers as promised, or has a customer base foolish enough that they will continue to buy without regard to what they are buying or why they are buying it...

When I was young I witnessed my father getting scammed by a local business. My dad said, "Make this right or I'll never do business with you again." The scammer responded, "Fine, don't do business here again. I can rip everybody off once and make enough money that I never have to worry about repeat business."

This is the power of marketing...

No, DOGE isn't a scam. But I won't buy it if I don't believe in it...

I view DOGE as no more than a gateway into the long term crypto currencies. If the only reason people are interested in DOGE is because they can become wealthy then it's doomed...

so mine it and trade it for BTC or LTC
hero member
Activity: 1470
Merit: 504
January 23, 2014, 05:49:05 PM
#15
who isn´t?HuhHuhHuhHuh

Not me... I mined it for a little while but got out quick...

tell us why!

Because I don't give it the same value I give to BTC or LTC.

Bitcoin has earned my belief with innovation, ideology, and development.

Litecoin has earned my belief with innovation, ideology, and development.

DOGE has a powerful marketing department. Marketing is only useful when either a product delivers as promised, or has a customer base foolish enough that they will continue to buy without regard to what they are buying or why they are buying it...

When I was young I witnessed my father getting scammed by a local business. My dad said, "Make this right or I'll never do business with you again." The scammer responded, "Fine, don't do business here again. I can rip everybody off once and make enough money that I never have to worry about repeat business."

This is the power of marketing...

No, DOGE isn't a scam. But I won't buy it if I don't believe in it...

I view DOGE as no more than a gateway into the long term crypto currencies. If the only reason people are interested in DOGE is because they can become wealthy then it's doomed...
full member
Activity: 238
Merit: 100
January 23, 2014, 05:04:59 PM
#14
Why are you wasting your time on alt coins?

Trade BTC to Doge and sell Doge after pump.
Better than hodling.

2 weeks, increased btc stash by 7 times. Hodling = stagnation

Sounds like gambling to me, you can have the same/better odds at any Bitcoin casino.  Remember a few decades ago people were making profits selling rocks?  Theres only a greater fool for so long...

who the hell is buying doge coin?


I've made over 15BTC on dogecoin from a 2.5BTC investment. Enjoy the day.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
January 23, 2014, 05:02:07 PM
#13
who isn´t?HuhHuhHuhHuh

Not me... I mined it for a little while but got out quick...

tell us why!
newbie
Activity: 40
Merit: 0
January 23, 2014, 04:56:01 PM
#12
Hello , I did not noticed the 'downtrend' because my time was full of mining alt coins.
So why are we going a bit down? Any new fud news I missed? Roll Eyes

We're not going down.

Now that we have confirmed bad news from Jamie Dimon, one of the most reputable and verified sources of bad news for bitcoin, we certainly will be heading down very violently in the not too distant future.  This has been confirmed true.

Proudhon, is there a Chinese language translation of Jamie Dimon's comments?  Until I've seen a link to a reliable source uploaded to the Confirmed Bad News Sources Thread, I think I'm going to have to treat this particular item of bad news as "suspect"/"unconfirmed."  kthx.
hero member
Activity: 1470
Merit: 504
January 23, 2014, 04:55:35 PM
#11
who isn´t?HuhHuhHuhHuh

Not me... I mined it for a little while but got out quick...
hero member
Activity: 504
Merit: 500
Moderator
January 23, 2014, 04:37:40 PM
#10
who isn´t?HuhHuhHuhHuh
full member
Activity: 198
Merit: 100
January 23, 2014, 03:59:06 PM
#9
Why are you wasting your time on alt coins?

Trade BTC to Doge and sell Doge after pump.
Better than hodling.

2 weeks, increased btc stash by 7 times. Hodling = stagnation

Sounds like gambling to me, you can have the same/better odds at any Bitcoin casino.  Remember a few decades ago people were making profits selling rocks?  Theres only a greater fool for so long...

who the hell is buying doge coin?
legendary
Activity: 1106
Merit: 1007
Hide your women
January 23, 2014, 03:43:42 PM
#8
it's called a bear trap and we're hunting pandas.
hero member
Activity: 811
Merit: 1000
Web Developer
January 23, 2014, 03:27:35 PM
#7
Why are you wasting your time on alt coins?

Trade BTC to Doge and sell Doge after pump.
Better than hodling.

2 weeks, increased btc stash by 7 times. Hodling = stagnation

Sounds like gambling to me, you can have the same/better odds at any Bitcoin casino.  Remember a few decades ago people were making profits selling rocks?  Theres only a greater fool for so long...
newbie
Activity: 14
Merit: 0
January 23, 2014, 02:14:49 PM
#6
Why are you wasting your time on alt coins?
I mine with 6mhash doge and with 2mhash moon coin.
I sell doge instant but I hoard moon because I believe in a 7-10m market cap within a week.
Making 100 dollar a day. On what do I lose my time mr?
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 23, 2014, 02:10:37 PM
#5
Why are you wasting your time on alt coins?

Trade BTC to Doge and sell Doge after pump.
Better than hodling.

2 weeks, increased btc stash by 7 times. Hodling = stagnation

Who would have though it eh? Richard Branson pumping and dumping. I guess we really are in the Wild West now!  Cheesy
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
January 23, 2014, 02:07:35 PM
#4
Why are you wasting your time on alt coins?

Trade BTC to Doge and sell Doge after pump.
Better than hodling.

2 weeks, increased btc stash by 7 times. Hodling = stagnation
legendary
Activity: 2198
Merit: 1311
January 23, 2014, 02:02:49 PM
#3
Hello , I did not noticed the 'downtrend' because my time was full of mining alt coins.
So why are we going a bit down? Any new fud news I missed? Roll Eyes

We're not going down.

Now that we have confirmed bad news from Jamie Dimon, one of the most reputable and verified sources of bad news for bitcoin, we certainly will be heading down very violently in the not too distant future.  This has been confirmed true.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 23, 2014, 02:00:56 PM
#2
Hello , I did not noticed the 'downtrend' because my time was full of mining alt coins.
So why are we going a bit down? Any new fud news I missed? Roll Eyes

We're not going down.
newbie
Activity: 14
Merit: 0
January 23, 2014, 01:57:22 PM
#1
Hello , I did not noticed the 'downtrend' because my time was full of mining alt coins.
So why are we going a bit down? Any new fud news I missed? Roll Eyes
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