Quote from: greaterfool on September 19, 2014, 01:22:16 AM

Quote from: twiifm on September 19, 2014, 01:07:28 AM

Quote from: Anon136 on September 19, 2014, 01:03:46 AM

Quote from: Gundulmu on September 18, 2014, 09:20:34 PM

are you still hodling?

at price of how will you sell?

If someone offered you 1000 dollars for your car or 2000 dollars for your car, which offer would you be more likely to accept? Its weird to me that in bitcoin sometimes people are more inclined to accept low offers than high offers. Well not me. Just like everything else in life. the more you offer me for it the more likely i will be to sell it, so as the price of bitcoin falls i become LESS inclined to sell my bitcoins, not more.

Is that how the market works? You just imagine a price and that's how much the asset is worth? LOL

The market is comprised of actors who, by definition, disagree on value and agree on price.

Exactly! the market is always right. Too bad you want $10K for your bitcoin. Its only worth $420 right now. Maybe it'll only be worth $100 next year.

Everything you believed turned out to be wrong. Merchant adoption - price drops. GABI Fund - Price drops. Draper buys FBI auction - price drops.

I'm more curious to why "HODLERS" think price will rise when every news event that's suppose to make it rise, instead drops the price. As an outside observer, it looks to me like cognitive dissonance