Author

Topic: Why so many grumpy people? (Read 1269 times)

sr. member
Activity: 364
Merit: 250
April 10, 2013, 09:27:16 AM
#11
It's pretty funny reading old posts on buttcoin claiming Bitcoin will go down in flames, discouraging people to invest, claiming the whole network will be hacked, burnt, inflated, that the price will fall so low that Bitcoins will be the same as testnet, ridiculing people that invest funds into the economy, now the same people are bitching here on bitcointalk making the same predictions after they have deleted the old posts.

Honestly I have been speculating probably since there has been a handful of members on the forum and I am not one bit sorry for not having enough coins to really enjoy the recent price rises along with loosing wallets with hundreds of BTC in the early days, I am just happy to be a part of this. Quite frankly all the arguments against Bitcoins are ridiculous to anyone who is even remotely intelligent, e.g. such blatant claims as "Bitcoin is not backed up by anything".

I am hoping I will be lucky enough to live and see a world where cryptocurrency use is more common than all of the currencies combined one day.

Exactly if I hadn't been such an Idiot in the past (investing Bitcoins to make more Bitcoins  Tongue ) I could lean back and drink champagne by now and really enjoy the ride. Right now every Price Jump is like a kick in my balls, but yet I'm not complaining (except this post).

Bitcoin probably is the greatest experiment we have the opportunity to be a part of in our lifetime and no matter how it ends everyone of us can be happy to participate in it at such an early stage.

Haha I can relate, made a little more than a thousand $ with the recent price rises but still it's nothing in comparison to what I could have made, kinda funny looking back at it in retrospect, loosing coins carelessly in casinos, storing wallets full of bitcoins and then wiping the HD and forgetting about them since "they are only worth 5$ total".

No point in crying over spilled milk though. I am looking at the whole situation from the perspective of a creative person rather than a competitive one and you really can't not feel happy about it if you adopt this way of thinking.
member
Activity: 105
Merit: 10
April 10, 2013, 09:18:23 AM
#10
A similar complaint is the argument that nobody should buy into a deflationary  currency since its value is only going to increase resulting in people saving that currency.  When I read or hear this argument I wonder if that person really stopped and listened to what they just said. 
So they are essentially dissuading people from investing in something because the value of that item will increase.
legendary
Activity: 1232
Merit: 1001
April 10, 2013, 09:07:46 AM
#9
It's pretty funny reading old posts on buttcoin claiming Bitcoin will go down in flames, discouraging people to invest, claiming the whole network will be hacked, burnt, inflated, that the price will fall so low that Bitcoins will be the same as testnet, ridiculing people that invest funds into the economy, now the same people are bitching here on bitcointalk making the same predictions after they have deleted the old posts.

Honestly I have been speculating probably since there has been a handful of members on the forum and I am not one bit sorry for not having enough coins to really enjoy the recent price rises along with loosing wallets with hundreds of BTC in the early days, I am just happy to be a part of this. Quite frankly all the arguments against Bitcoins are ridiculous to anyone who is even remotely intelligent, e.g. such blatant claims as "Bitcoin is not backed up by anything".

I am hoping I will be lucky enough to live and see a world where cryptocurrency use is more common than all of the currencies combined one day.

Exactly if I hadn't been such an Idiot in the past (investing Bitcoins to make more Bitcoins  Tongue ) I could lean back and drink champagne by now and really enjoy the ride. Right now every Price Jump is like a kick in my balls, but yet I'm not complaining (except this post).

Bitcoin probably is the greatest experiment we have the opportunity to be a part of in our lifetime and no matter how it ends everyone of us can be happy to participate in it at such an early stage.
sr. member
Activity: 364
Merit: 250
April 10, 2013, 08:57:07 AM
#8
It's pretty funny reading old posts on buttcoin claiming Bitcoin will go down in flames, discouraging people to invest, claiming the whole network will be hacked, burnt, inflated, that the price will fall so low that Bitcoins will be the same as testnet, ridiculing people that invest funds into the economy, now the same people are bitching here on bitcointalk making the same predictions after they have deleted the old posts.

Honestly I have been speculating probably since there has been a handful of members on the forum and I am not one bit sorry for not having enough coins to really enjoy the recent price rises along with loosing wallets with hundreds of BTC in the early days, I am just happy to be a part of this. Quite frankly all the arguments against Bitcoins are ridiculous to anyone who is even remotely intelligent, e.g. such blatant claims as "Bitcoin is not backed up by anything".

I am hoping I will be lucky enough to live and see a world where cryptocurrency use is more common than all of the currencies combined one day.
sr. member
Activity: 338
Merit: 253
April 10, 2013, 08:52:38 AM
#7
The Fed is paying people to make those posts.
full member
Activity: 196
Merit: 100
Another block in the wall
April 10, 2013, 08:34:15 AM
#6
b) People that sold out because the price went over $50 or whatever.



Yep, LOL...............

I think they're still waiting at the train station.............
hero member
Activity: 518
Merit: 500
April 10, 2013, 08:29:37 AM
#5
I've noticed a lot of people who start a thread just to say (essentially) "the recent trend in rising prices isn't so great. You people just don't get it. Anyone investing because they think the price will go up is an idiot."

What's their deal?

Indeed. I was just thinking the same thing. The higher the price goes, the more whiners appear. Like the price increasing is such a bad deal. Couple of obvious groups already mentioned:
a) People that failed to buy in "cheap", regret it, don't have the cahoonas to do anything, see the price rise again, get even more annoyed by their repeated inaction, so just dis everyone to vent their self-frustration.
b) People that sold out because the price went over $50 or whatever.

full member
Activity: 196
Merit: 100
Another block in the wall
April 10, 2013, 07:45:16 AM
#4
Coz they sold expecting price to fall. Classic.

member
Activity: 86
Merit: 10
April 10, 2013, 07:38:47 AM
#3
What's their deal?

They came too late, made no profit (yet), have no money to buy in, are angry with themselfes, whatever... You know, "640K ought to be enough for anybody."
legendary
Activity: 1540
Merit: 1000
April 10, 2013, 07:35:47 AM
#2
It's what spoilt traders do when things stop going their way, you see it happening a lot on financial news networks as well, so they'll claim that such and such stock is a bubble or it's going to collapse to get people to sell and then when the price drops they buy it all up again.
sr. member
Activity: 308
Merit: 250
Jack of oh so many trades.
April 10, 2013, 07:33:42 AM
#1
I've noticed a lot of people who start a thread just to say (essentially) "the recent trend in rising prices isn't so great. You people just don't get it. Anyone investing because they think the price will go up is an idiot."

What's their deal?
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