Topic: Why I want the BTC ATH $1242 breached and become the floor. To Kill FUD dead. :) - page 2. (Read 2335 times)

I agree but MOST FUD'ers use that $1242 price to justify their view BTC will fail. Remember I want NO DOUBT that the ATH is killed from 2013...FUD of the future will continue
but they won't be able to beat that old ATH to death as proof we are all deluded....

yeah its a pet peeve I admit it

But yeah factually I take your point..but gonna leave this figure as my goal post

Nope dumpers will. I smell a bear traaaap.

That is right. The fud will not prevent the price to go over $1242.

I find fud funny. I only take my savings serious and fud doesn't damage them at all.

I vote it never crossed my mind.

No need to thank me...I sold out at $1154 usd about 3.6 BTC to pay off the last of my KNC Liquidation Titans from the summer.
(6 of them) took out 11.4k home equity loan on the fact they would pay themselves back...boy was I right

cool beans

also 1k i owed a guy for stuff in BTC

Had to do it....I remember I COULD HAVE gotten my 2013 nov original Neptune (that I switched to a KNC Titan in Feb 2015
due to fears on the Neptune having NO lifetime...was right 5 month lifetime as a btc miner vs an ltc miner) ..from knc for like 13 btc at the last ATH and paid cash instead
ouch.....so fear of looking like an ass if it dumps back to a reasonable (or at least last month in my view) price of say 900 usd...it was $10,131.80...sooooo painful even now

took 3.6% of my btc hoard and ran ran like the wind *hey it is like comfort junk food..sometimes you just want to cuddle/fondle your BTC)

kinda cool send someone 1k and it was 0.86 btc or some such...much much nicer than Jan 1st 2016 don't ya know

I guess my next panic sale to cover my butt and 'closet monster' fears will be around the $1,650 btc price...hell the way that is going we could be there

by Feb 1st 2017 for crying out loud. Should plan my next panic attack sale accordingly

(we also serve who cash out and run away to help the pump of BTC into circulation)

man this is great on so many levels

so was these guys




then again it was only 3.6 BTC...maybe it was more of a 'slow walk' on my part.....


of course if the price pumps from now on you have me to thank (its a gift)

JUST what those of us fear (can't handle another 2 years of coulda/shoulda so bailed at least a 'tinsey 3.6 btc bit)


Revised the thread to $1242 as ATH. Expect a pump. I dumped 3.6 btc ..coward that I am....you all can thank me later

$1242 price on an exchange that did not already allowed for $$ withdrawals?
No way, it is illegitimate as an established price point, therefore $1163 or whatever on bitstamp is fine..and huobi price is a faker too, whatever this means.

Sometimes the big difference implies China thinks there is a coming Yuan devaluation.

The CNY price at the moment reminds me a bit of Mt Gox prices. Bitcoin costs more than $100 more (equivalent) in CNY than in USD, that's pretty weird.

I don't like the ATH being quoted as less than $1200, as I distinctly remember it being higher than that. Ok the price wasn't fair back then, but the price on Stamp at the time also wasn't a true price, it was just following Gox.

I get the idea this discussion will be history in the next day or 2 anyway. The new ATH in USD will be upon us in the next regardless which price you use.

It is hard to determine when exactly Mt.Gox become completely insolvent and from which point we should assume Bitcoin's high price was totally caused by their faulty system.
Hence, for the time being - lets accept that $1242 as ATH for future reference.

As someone mentioned, the FUD and hype will always exist. I have actually grown to like and enjoy the fud because the fud is a good indicator of how well bitcoin is doing. When I see and hear fud, I know all is well. When the fud dies down is when I would get worried.

Anyways, what I really want for bitcoin price eventually is sustained gold parity or higher. Not just to troll or trigger all the goldbugs, but because it will force everyone, including all the naysayers, to at least recognize that bitcoin is legit whether they want to admit it or not.

contrarian view: the FUD is good.

It allows accumulation. It stops bitcoin expanding too quickly. It lets it sneak under the radar, hashpower grows, network security grows. Harder to destroy.

FUD is a filter that gradually fails. People start to slip through the cracks and the bit economy slowly builds.

The last 4 years have been hard but maybe good for the long run?

Don't know maybe im full of shit and shouldnt drunk post.

You cannot count that BS price on Mt Gox when they were ALREADY insolvent and did not payout $$ withdrawals, hence btc price on that exchange was constantly $100 higher since smart people were converting all fiat currencies on MtGox to btc, then withdrawing btc.

i may be wrong but i have a feeling that the FUD is no longer having the same effect as a year ago for example. when you keep seeing the same thing and panic 10 times then realize it was a lie the 11th time you know it is bullshit and this has happened 1000s of times.

ATH = $1242  @ Mt Gox



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We retraced that much because that very steep last rise was a crazy, scary bubble!!!
And after that bubble had popped the market overreacted and traders of course tried to take advange of that!That's why we had to have such a long breathe before moving up again.
This time it is bit different.At least so far!
There was no bubbling until now!However that might happen when we break the actual ATH!

I just want to see a new ATH because it'll be real unlike the previous ATH which was heavily manipulated by MtGox.
It'll almost feel like bitcoin being reborn, bullish wise any way.

It will not take that much time. Soon the psychology will reverse and people will start precieving anything under $1000 as a buy, we just need a period of a couple of months above $1000 to make this statement. Everytime we go under $1000, it will be bought back quick by long term holders that just keep buying every dip. People will try to short and lose their shit as it never goes below that. We are aiming towards 3xxx+ this year.

U were patient man. Waited couple years and almost get what u want.
Wait couple more years and this two points will become reality 100%. This ATH to become floor needs around 7-10 years by me. So a little more waiting time but you are good at it already, you will make it there

topics like this are good. they may help people understand past all the drama circling bitcoin.

and i agree the price rise and breaking the ATH can help with it, maybe some of these newbies stop listening to all the FUD whales spread about bitcoin and stop panic selling. somebody has to show them who they are selling their coins to at times like this.

I think people pay attention to USD only, or at least that is still the global indicator. Sure, a lot of people look for the yuan when trying to establish a price, but dollar is still king, and I agree that once we hit 1000 euro this rocket will refueled even more, but in order to reach what OP is talking about, we need a new ATH to shut those damn FUD trolls once and for all. They will never recover after we hit a new ATH.