Post
Topic
Board Speculation
Topic OP
Like Having Fiat? NEVER LISTEN TO THE BITCOIN NUTTERS!
by
MatTheCat
on 07/12/2013, 13:08:39 UTC
Yes, I am gloating:

This was Bitcoin at $1000 instead of $1100. I had 17 Bitcoins and planned to sell 11 of them (and I did just that)

I have now entered at top of market and done quite well, although am losing now and selling at lower prices than I paid to limit damage.

Oh man I considered you to be smarter than that. You just never sell bitcoin cheaper than you bought it, because every dip is a temporary retrace. Your panic mode for bitcoin should mean "stop buying" and then when you think it stopped falling you start buying again. Any other way - and you are just robbing yourself. Can't stop you, of course, but sad to see.

And this was Bitcoin at $900, with things clearly looking very precarious:


May I just say, thank fk I know better than to listens to nutters like you!

Yes sir, I will keep my money and am looking forward to owning much more btc than I had, at yet lower prices.

It's your money and your way to lose them Smiley We'll talk again once you buy at 1300.

And my Retort:

LOL.
 
Can I ask a question?

How silly are you feeling right now?

Here sir, is downwards bidding plan:

OPEN ORDERS
Order type   Date and time   BTC amount   Bitcoin price      
Buy   Dec. 6, 2013, 1:48 a.m.   5.00000000   $720.00   $3,600.00   
Buy   Dec. 6, 2013, 8:19 a.m.   2.80000000   $680.00   $1,904.00   
Buy   Dec. 6, 2013, 4:57 p.m.   3.00000000   $640.00   $1,920.00   
Buy   Dec. 6, 2013, 7:01 p.m.   5.00000000   $620.00   $3,100.00   

Bitstamp prices.

Now, I just hope that the CRASH isn't so brutal that I am the one who is left feeling very silly.

And actually, I bumped the 5*720 order away and replaced it with a 6*600 order.

Fortunately for me i have a thick enough skin not to be swayed the nutters on here, whether they be bears or bulls. I am now of course fully in Bitcoin (or as full as I can be) at firesale prices and am hoping for higher prices from here on out, but that dont mean that I am going to get them in the immediate future...this sucker could trend lower yet. Lets not kid ourselves on about that. Doesn't mean it will, but there is certainly the potential for this to happen.

Do your homework and most importantly, listen to your gut instinct. Plenty good advice to be found on this forum but you will have to be pretty busy with that 'ignore' button to filter out the piles of nonsense from the blow heads who have gotten rich through pure fluke/luck, but who consequently believe that they are very smart. They are not smart. An idiot could have seen this crash coming but the majority on here scathed people for selling or even suggesting it.