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#1

The bitcoin haters

04-10-2013, 04:31 AM

Bitcoin 35 dollar - It's a bubble, you losers baahahahahaha
Bitcoin 100 dollar - Buuuuuubbblle you are gonna lose all your money
Bitcoin 150 dollar - you people are idioooootss boooohooooo idiots i tell you
Bitcoin 200 dollar - Aaaaaaaaaahahahaha look at you! BUUUUUBBBLLLEE
Bitcoin 270 dollars - Damn you people are dumb! Who would invest in this!!! Suckers!!!
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spiederman

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#2

04-10-2013, 04:32 AM

300$ before midnight CET here we come

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#3

04-10-2013, 04:38 AM
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MikeRoth

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#4

04-10-2013, 04:40 AM

and my cash is still stuck in bitinstant from $180. Their support sucks, got a 2 week backlog of complaints. Hopefully they honor the price of bitcoin when I made the transaction like they say they will.

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Penny24Seven

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#5

04-10-2013, 04:41 AM

I picked 450-470 as the peak but also didn't think it would get there so fast. We will see

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#6

04-10-2013, 04:42 AM

Another bit coin success story? Wait ...
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#7

04-10-2013, 04:42 AM

http://www.thetulipomania.com/

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Internet Guy

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#8

04-10-2013, 04:43 AM
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spiederman

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#9

04-10-2013, 04:46 AM

Originally posted by grumpy

http://www.thetulipomania.com/

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dyna mo

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#10

04-10-2013, 04:48 AM

Originally posted by Brian837

I picked 450-470 as the peak but also didn't think it would get there so fast. We will see

and the price is set!

i'm with you, i think, many folks think either $400 by the end of the year. th eother # i come across is $1000 by the end of the year.

either way, i've decided to wait for the price to drop to buy in again and go long this time. i think the real bubble will come in a few years.
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#11

04-10-2013, 04:51 AM

Originally posted by dyna mo

and the price is set!

i'm with you, i think, many folks think either $400 by the end of the year. th eother # i come across is $1000 by the end of the year.

either way, i've decided to wait for the price to drop to buy in again and go long this time. i think the real bubble will come in a few years.

nobody can predict where this is going, one thing is for sure: when joe the plumber jumps in the price wil ex-plode. i see 500$ as a though boundry to conquer

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#12

04-10-2013, 04:55 AM

"nobody cares about bitcoins"

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dyna mo

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#13

04-10-2013, 04:56 AM

Originally posted by spiederman

nobody can predict where this is going, one thing is for sure: when joe the plumber jumps in the price wil ex-plode. i see 500$ as a though boundry to conquer

i hear ya, i'm in it to show support for the experiment. i've already predicted wrong! although i strongly feel that this is not the real btc bubble.
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#14

04-10-2013, 07:01 AM
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Biggy

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#15

04-10-2013, 07:11 AM

http://en.wikipedia.org/wiki/Tulip_mania

A buddy of mine bought them for $3 - 6 months ago before the hype. Could've made some serious nice bank back then.
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#16

04-10-2013, 07:14 AM

I wish I had some bitcoins

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slapass

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#17

04-10-2013, 07:19 AM

I am traveling and don't have access to sell them or they would be long gone.
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2012

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#18

04-10-2013, 07:21 AM

its being setup for a massive implosion by its competitors so no one will trust or use bitcoin ever again

Last edited by 2012; 04-10-2013, 07:23 AM.

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tokmansta

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#19

04-10-2013, 07:24 AM

Originally posted by spiederman

nobody can predict where this is going, one thing is for sure: when joe the plumber jumps in the price wil ex-plode. i see 500$ as a though boundry to conquer

And it's probably soon to happen, made it to the national news in Belgium so...
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#20

04-10-2013, 07:27 AM

lol I wish I had the energy to give a fuck about this bitcoin shit and make some money off it. Oh well have fun lmao.

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Sly

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#21

04-10-2013, 07:28 AM

You can ride a bubble on its way up. A lot of people got rich in the late 90s from the Internet bubble, a lot of people got rich in the early 2000's from the housing bubble. Just because you see something moving up, does not mean it's not a bubble. Fast growth like this is what a bubble is all about.

If you can cash in on it, great, good for you. Denying the mere possibility that it's a bubble is just silly.

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#22

04-10-2013, 07:29 AM

http://www.youtube.com/watch?v=hYxeK-1qg9E&hd=1&t=2m14s

Amen
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Jakez

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#23

04-10-2013, 07:34 AM

I mean, can it really get totally fucked overnight? If you are paying enough attention wouldn't you notice when it starts to make a catastrophic dip and cash out immediately? Where is the huge risk for people riding it out? Besides being stupid and riding it out off a cliff lol. At least cash out and then think about getting back in if it starts climbing again... seems like common sense to me? But I guess it all just gets people too worked up being in the middle of it all and makes them make bad decisions...

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BlackCrayon

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#24

04-10-2013, 07:39 AM

i am just tired of hearing it.

you don't know you're wearing a leash if you sit by the peg all day..
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#25

04-10-2013, 07:40 AM

Originally posted by Jakez

I mean, can it really get totally fucked overnight? If you are paying enough attention wouldn't you notice when it starts to make a catastrophic dip and cash out immediately? Where is the huge risk for people riding it out? Besides being stupid and riding it out off a cliff lol. At least cash out and then think about getting back in if it starts climbing again... seems like common sense to me? But I guess it all just gets people too worked up being in the middle of it all and makes them make bad decisions...

Thats ok if you watch it 24hrs per day

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BlackCrayon

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#26

04-10-2013, 07:42 AM

Originally posted by Jakez

I mean, can it really get totally fucked overnight? If you are paying enough attention wouldn't you notice when it starts to make a catastrophic dip and cash out immediately? Where is the huge risk for people riding it out? Besides being stupid and riding it out off a cliff lol. At least cash out and then think about getting back in if it starts climbing again... seems like common sense to me? But I guess it all just gets people too worked up being in the middle of it all and makes them make bad decisions...

the problem will come when if it crashes and there is a mass sell off...will those who sell off actually get their money? exchangers will be out a shit ton of money if someone is selling at 200 per and then another person is buying when its low at 50 (or less) per. i have a feeling a lot of places will just close up shop and walk away with whatever money they have.

you don't know you're wearing a leash if you sit by the peg all day..
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#27

04-10-2013, 07:43 AM

Originally posted by AllAboutCams

Thats ok if you watch it 24hrs per day

Which, lets be honest, most of the people on GFY that bought in are able to do because they are actually making money for a change.

I wonder how many of them have even looked at their affiliate stats in the last couple of months instead of the price of bitcoin.

We bought in when the price was much lower, cashed out what we invested initially and are now just riding the free value...
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#28

04-10-2013, 07:45 AM

have the guts to sell (y)

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#29

04-10-2013, 07:52 AM

Originally posted by Webmaster Advertising

Which, lets be honest, most of the people on GFY that bought in are able to do because they are actually making money for a change.

I wonder how many of them have even looked at their affiliate stats in the last couple of months instead of the price of bitcoin.

We bought in when the price was much lower, cashed out what we invested initially and are now just riding the free value...

I bought in at Litecoin at $0.80 and your 100% right i could not give a fuck what happens to anything else when something new comes along for very little risk it grabs my attention.

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#30

04-10-2013, 07:53 AM

Originally posted by AllAboutCams

I bought in at Litecoin at $0.80 and your 100% right i could not give a fuck what happens to anything else when something new comes along for very little risk it grabs my attention.

Same here, we dropped some of our profits on BTC into LTC and again, we got our initial investment back and are just riding the realized value right now.
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#31

04-10-2013, 08:13 AM

I refuse to buy bitcoins becasue a global open source p2p money transfer system is exactly like stocks and tulip bulbs.

If someone was dumb enough to want bitcoins they would also probably be stupid enough to think the price would launch again (at the latest) next sun/mon following a period of consolidation.

Amen
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#32

04-10-2013, 08:37 AM
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Dcat

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#33

04-10-2013, 09:15 AM

Originally posted by 2012

its being setup for a massive implosion by its competitors so no one will trust or use bitcoin ever again
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#34

04-10-2013, 09:37 AM

Seems to be dropping fast now.
It dropped 25% in the last few hours (from $266 to $200)

Let's see where it goes from here
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dyna mo

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#35

04-10-2013, 09:41 AM
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crockett

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#36

04-10-2013, 09:41 AM

Originally posted by Dirty F

Bitcoin 35 dollar - It's a bubble, you losers baahahahahaha
Bitcoin 100 dollar - Buuuuuubbblle you are gonna lose all your money
Bitcoin 150 dollar - you people are idioooootss boooohooooo idiots i tell you
Bitcoin 200 dollar - Aaaaaaaaaahahahaha look at you! BUUUUUBBBLLLEE
Bitcoin 270 dollars - Damn you people are dumb! Who would invest in this!!! Suckers!!!

Bitcoins are like the penny stock version of Forex..

Yes, you can probably make money on them, but it's high risk and it's unregulated. Perhaps it will keep going or perhaps it will all come crashing down.. No one knows, so it's risky.

Besides that, it doesn't matter what price it is now, it matters only if you can exchange that virtual money for the real thing.

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dyna mo

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#37

04-10-2013, 09:42 AM

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Dirty F

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#38

04-10-2013, 09:42 AM

Originally posted by Konda

Seems to be dropping fast now.
It dropped 25% in the last few hours (from $266 to $200)

Let's see where it goes from here

Yup, it's crashing hard.
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dyna mo

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#39

04-10-2013, 09:44 AM

come to pappa!

Last edited by dyna mo; 04-10-2013, 09:46 AM.
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#40

04-10-2013, 09:47 AM

Originally posted by Konda

Seems to be dropping fast now.
It dropped 25% in the last few hours (from $266 to $200)

Let's see where it goes from here

So if I was a merchant taking bitcoins for payment I would have taken a 25% loss on merchandise I sold before I can even ship it out?

.
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MikeRoth

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#41

04-10-2013, 09:47 AM

Hopefully you all sold went it started going south. If not Probably a good time to sell now.

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- Jesus Christ -

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#42

04-10-2013, 09:49 AM

Looks like a coordinated DDoS of the bitcoin forum and Gox.
It's been done multiple times in the past.

Amen
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#43

04-10-2013, 09:50 AM

I personally am not getting involved with them and don't think they will last long term, but I hope they do because people should be in control of a non-regulated currency of some kind, or many kinds. I'll support anything that sticks it to governments and global bankers, even if it's short lived.
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#44

04-10-2013, 09:52 AM

Originally posted by - Jesus Christ -

Looks like a coordinated DDoS of the bitcoin forum and Gox.
It's been done multiple times in the past.

And it will continue to be done because that is how it is easily manipulated. Why pay $260+ when you can hit them and make the price $200 or less?
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Dirty F

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#45

04-10-2013, 09:52 AM

Originally posted by - Jesus Christ -

Looks like a coordinated DDoS of the bitcoin forum and Gox.
It's been done multiple times in the past.

Yes i think so as well.
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dyna mo

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#46

04-10-2013, 09:54 AM

Originally posted by - Jesus Christ -

Looks like a coordinated DDoS of the bitcoin forum and Gox.
It's been done multiple times in the past.

could be why i get that bad gateway at bitcoincharts
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crockett

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#47

04-10-2013, 09:57 AM

Originally posted by DWB

And it will continue to be done because that is how it is easily manipulated. Why pay $260+ when you can hit them and make the price $200 or less?

This is one of the reasons any sort of virtual money that is unregulated will never be stable. It's something you can't hold in your hand and you never actually take possession of it. It's like buying "gold certificates".

The value is only there as long as things are peachy, but if the economy collapsed you think you could really trade in that gold certificate for real gold?

Same thing with bitcoins. It's the same kind of novelty money as a gold certificate. There is only value as long as things are doing peachy. Bitcoins with no regulations means you never really know what kind of out side factor can effect them..

I'm not against the idea of them, but I just don't think they are gonna last. Money's success has always come because it's something you could hold in your hand.

Last edited by crockett; 04-10-2013, 09:59 AM.

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MikeRoth

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#48

04-10-2013, 09:58 AM

Going to wait and see if it finds it legs again before buying back in.

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#49

04-10-2013, 10:00 AM

Originally posted by L-Pink

So if I was a merchant taking bitcoins for payment I would have taken a 25% loss on merchandise I sold before I can even ship it out?

.

haha, good point
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MikeRoth

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#50

04-10-2013, 10:01 AM

Of course my bitinstant transfer finally came in and they charged me the $250/coin price instead of the $180/coin price like they said they would, blah, now I gotta make another ticket and wait another 2 days for resolution.

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