Bitcoiners want to get billionaires quick with their little scheme, call noobs that are trying to get out of the mess late "greedy".
It is no secret that I sold some at $675 in 2013. The next exit zone starts earliest at $3,000, probably higher.
It is no greed to sell at a bottom, it is just stupid. Stuff is as valuable as a year ago (or more, due to more adoption, etc.), yet 75% cheaper. This is a game and you are offered 4 times better odds than last time when you took them. Instead of taking them now, or holding, you decide to fold.
If anyone becomes a billionaire with bitcoin, he deserves it. So many chances of folding were offered but he held on.
There is voice of reason in the midst of so much babbling nonsense. Thanks Risto.
I am having to argue a bit with BitchicksHusband a little about not folding right now though. I guess it is hard not to get emotional. We did have to sell some of our holdings in December but bought back a little last week. I think the hardest thing to wrap my brain around is the fact that BTC should be so much more valuable with all of the infrastructure that has been put into place during 2014. Why hasn't some of the money used to build this infrastructure been used to boost the price up a bit? Aren't these companies at all concerned about BTC users getting disillusioned and leaving BTC completely?
Because "boosting the price" serves only get rich quick kids like you and at this point it has no real effect on the fundamentals, BTC works whether it is $1 or $1000, for the volume of current transactions it will still work if it is $5, Venture capitalist chose the lower risk and most profitable investment which is investing in companies instead of investing in Bitcoin.
BTW, the companies don't care about hoarders (people like you) because they don't make any money from you, so why would they care about you leaving? in fact the contrary, if you leave you will make them a favor because your hoarded coins will offer more liquidity , and more liquidity will help Bitcoin to mature.