Quote from: peonminer on July 05, 2013, 10:32:19 PM

Quote from: SOSLOVE868 on July 05, 2013, 10:18:47 PM

Quote from: computerparts on July 05, 2013, 10:11:56 PM

The price is just going to tank. This is only the beginning. Get out now while you can.

I disagree with you ,you can sell as much as you can ,but BTC value isn't only 70 usd...sell below any than this just insane .. assume all those miners would they allows BTC become valueless ? if they allow that then all money they prior invest in mining devices is lose...People panic need a proper reason to doing that ,why should you panic ?can you give me some reason??? why should we sell below 70?

Because if you don't you'll be kicking yourself when LTC is at $5.00 and surpasses BTC. ASIC is killing BTC. It's becoming centralized. It will turn into the rouge world currency. It's already used for laundering and scamming. Who wants to fund the bad guys? Not us.

( this entire post was a lol, please, sell your BTC so I can buy them all Wink

)

This excuses isn't logically right, about money laundering. Cash is perfect for money laundering (more secure to store the value) ,why people still use cash??we should stop use cash because we do not wants to fund the bad guys.
ASIC centralized mining, so what??? Mining gold are also monopoly by skillful workers ...would you say that you will stop buying Gold because it is centralized???

This assumptions are false and isn't logically, the only thing will happen is ,you will regret because other people are going to take out advantage of your no reason panic.

Selling right now, is mean you admitted that BTC is a bad ideal except if you are some earlier adopters that you just want to cash out with profit.