Post
Topic
Board Speculation
Re: I AM HODLING
by
Anon136
on 19/09/2014, 01:14:28 UTC
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

Well i dont know anything about worth. However that is how prices are arrived at, you just imagine a price and that is the price. Assuming it is your property and no one else is entitled to take it away without first bargaining to a satisfactory offer. There are a lot of people out there offering me 422 dollars for my bitcoins but they dont have them because that is not the price of my bitcoins. I just imagined a price that is different from that and since the bitcoins are my property, the price that i just imagined is the price of my bitcoins. Unfortunately however, im afraid that i dont understand the relevance of your comment in relation to mine.