Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
!! pop
on 03/11/2015, 00:26:25 UTC
Amazing how all the resident bears come out to play when we've had a 3-4 dollar correction, absolutely adamant that

- This epic price surge hasn't lost them any money.
- They then proceed to tell us that they'll now be shorting & making lots of money.

One of the above scenarios is usually bull shit but which one?

This amazing price surge certainly hasn't made you any money. Not unless you've cashed out, which you didn't.
And even if you did, you're sure to blow all the money on scratch tickets and bunk crack, so same difference Smiley

https://s-media-cache-ak0.pinimg.com/736x/0d/f7/32/0df7321644cd7d9823e0dadff187a177.jpg

Instead of "cashing out", we can always just purchase goods and services with our BTC. BTC price going up increases our purchasing power irregardless if we convert to fiat or not ourselves.

>just purchase goods and services

Oh_you.gif
Like anyone actually does that Cheesy Sure, you'll buy some shitty dope & CP a few times, but once you hit puberty & figure out that Paco sells better, fatter, and cheaper bundles @ bodega next door, the thrill's gone. Now what?