Quote from: Supercrypt on October 22, 2018, 10:09:52 AM

Quote from: cluit on October 22, 2018, 07:41:38 AM

they are here because they want to make shit loads of money and at the end, they end up regretting the fact that they never had any long term goals as the case may be. If you are always in haste for something, the chances of never getting to see a better chance will always be there.

I think the impatient started to be right at around 6th month, the price has been around these levels for so long that the impatient decided it doesn't really worth it to wait the bear out. Right now, the market seems so boring that I might as well invested into gold or something and still came out better than this (didn't check it tbh, don't quote me on that) even tho gold has been the slowest rises in the historical sense.

The price went up to $20k which is nice but ever since those days it has never had a proper green market for long time and because of that the impatient people have started to say "it is enough thats it!" and left. I would understand for couple months this could have happened but it has been nearly a year of this and when you are down for over a year it is not easy to be patient.

We have once again saw what this means. People like roger ver and jihan wu and craig wright has spent probably millions of dollars into getting hash power and than they are working towards killing each others projects. When they are spending this much money it doesn't matter how much they lose as long as their side wins, if their side wins than there is absolutely no issue with losing the initial capital since their own money will be on the market and they will be capable of selling that to cover the initial losses.

If roger ver spends millions of dollars into this war, it doesn't matter to him because if he wins he holds 1 million bitcoin cash with each worth 300 dollars, that is more money than he can dream of so he will be super rich, it worths more to keep fighting than just giving up.