Is anyone else starting to become a bit excited?

Thargor · 11-01-2021 07:22PM

TXPTGR1 wrote: »

Wrong on all counts
I’ve a good idea how it works- very poorly
I bought at sub 2K and sold (at a non spectacular profit) when I realised that it’s useless - I have no regrets, yes some people will make a lot of money- most are going to be left holding heavy bags, quite a few of the fomoing eejits in forums like this and Reddit will ruin there lives
Nobody using it for what it was setup as - a digital currency
Now just a vehicle for whales to manipulate mentally feeble greedy idiots

Sub 2k my hole... Go back under your rock.

cnocbui · 11-01-2021 07:27PM

TXPTGR1 wrote: »

Loving the delusion on display here - Bitcoin is useless

Not as useless as cash sitting in my bank account was. Now I need to emigrate. The amusement value has been great, so far from useless from that aspect also.

I'm glad you have no regrets, in your position I would, but since I'm not, I dont.

BrandonBay86 · 11-01-2021 07:27PM

TXPTGR1 wrote: »

Wrong on all counts
I’ve a good idea how it works- very poorly
I bought at sub 2K and sold (at a non spectacular profit) when I realised that it’s useless - I have no regrets, yes some people will make a lot of money- most are going to be left holding heavy bags, quite a few of the fomoing eejits in forums like this and Reddit will ruin there lives
Nobody using it for what it was setup as - a digital currency
Now just a vehicle for whales to manipulate mentally feeble greedy idiots

Johnny Flash back with the hocus pocus

BrandonBay86 · 11-01-2021 07:33PM

cnocbui wrote: »

A perfect example of what I said earlier, that buying when others are fearful is hard and why people weren't, in general, buying when it was sub 9K and why so many new posters show up when it's going mental in the positive direction.

A minor 15% correction and people are sweating already.

Hodlers are born on days like today. Separate the men from the boys.

Buying when others are fearful has guaranteed a profit on 100% of occasions in bitcoins history.

Love taking it from the hands of the weak. It’s the circle of life. Someone has to do it.

BrandonBay86 · 11-01-2021 07:33PM

Thargor wrote: »

Sub 2k my hole... Go back under your rock.

My Hole has to be my favourite Irish saying ever. Timeless

Dnxncofiruwvx · 11-01-2021 07:38PM

This is the first time in history that Bitcoin has moved $10,000 in a day. The hype when (if) it moves that amount the other way will be incredible.

TXPTGR1 · 11-01-2021 07:44PM

Thargor wrote: »

Sub 2k my hole... Go back under your rock.

Bitcoin was sub 2K at one stage right- don’t see anything particularly outlandish about that?!?!?
Very defensive
I sold at something like 3700 on the way up on last bulk run so I’m up on Bitcoin when this is over I’ll be in a minority especially when you have utter cabbages talking about bargains at 30K

BrandonBay86 · 11-01-2021 07:49PM

TXPTGR1 wrote: »

Bitcoin was sub 2K at one stage right- don’t see anything particularly outlandish about that?!?!?
Very defensive
I sold at something like 3700 on the way up on last bulk run so I’m up on Bitcoin when this is over I’ll be in a minority especially when you have utter cabbages talking about bargains at 30K

H

Dnxncofiruwvx · 11-01-2021 07:50PM

TXPTGR1 wrote: »

Bitcoin was sub 2K at one stage right- don’t see anything particularly outlandish about that?!?!?
Very defensive
I sold at something like 3700 on the way up on last bulk run so I’m up on Bitcoin when this is over I’ll be in a minority especially when you have utter cabbages talking about bargains at 30K

Looks like someone’s salty for selling too early

BrandonBay86 · 11-01-2021 07:51PM

Dnxncofiruwvx wrote: »

Looks like someone’s salty for selling too early

Calling people utter cabbages even though the thread was started at $5k

Bruno Mannheim · 11-01-2021 08:10PM

so what do people think the impact would be to the Bitcoin price if the Chinese miners who control over 50% of the mining are taken out?

Poor_old_gill · 11-01-2021 08:14PM

If you have invested in Bitcoin then you expect, or should expect, a decent amount of volatility. It’s an asset to hold your nerve with.

The only people I see coming out with smug comments now are those who never bought in and try to pass off their regret as some kind of rational decision.

Truth is- you were too scared to take to risk and now too scared to admit it.

Bitcoin might well go very close to 20k in the next week but it will go past 40k in the next month.

Expect this volatility and hold if you see it as an investment but if you plan on day trading Bitcoin then you’re a loon ball

Poor_old_gill · 11-01-2021 08:15PM

Bruno Mannheim wrote: »

so what do people think the impact would be to the Bitcoin price if the Chinese miners who control over 50% of the mining are taken out?

Taken out? Sounds like the mob is after them

Irish_rat · 11-01-2021 08:18PM

Spanishpoint wrote: »

Any thoughts on ADA/Cardano?

It's got potential. I don't have a big bag yet.

BrandonBay86 · 11-01-2021 08:24PM

Bruno Mannheim wrote: »

so what do people think the impact would be to the Bitcoin price if the Chinese miners who control over 50% of the mining are taken out?

We’d have a maximum of two weeks of volatility and prices no doubt crashing before the difficulty adjustment takes place and things are back to normal.

Truckermal · 11-01-2021 08:57PM

So many new Accounts and they seem to know the history of the thread....

BrandonBay86 · 11-01-2021 09:08PM

Truckermal wrote: »

So many new Accounts and they seem to know the history of the thread....

Maybe they are not all new.

Poor_old_gill · 11-01-2021 09:11PM

Truckermal wrote: »

So many new Accounts and they seem to know the history of the thread....

You don’t need to have been posting on this thread to know the arguments made for & against btc.

They are the same arguments played out across multiple channels.

11-01-2021 09:32PM

All the smart ballsy guys are putting their money in bitcoin

Poor_old_gill · 11-01-2021 09:41PM

Deleted User wrote: »

All the smart ballsy guys are putting their money in bitcoin

Not necessarily but those that do factor the high volatility into their decision making process and expect it to go higher as most they believe that it has an end use and also that a move to a more decentralised financial system is inevitable.

Whenever there is a downturn in its value people always try to make the same arguments about it being worthless but it consistently rebounds.

Most people who invest expect these falls but overall most will be on their initial investment.

The reverse smugness in your post is a bit pointless.

TXPTGR1 · 11-01-2021 09:45PM

[Deleted User] wrote: »

All the smart ballsy guys are putting their money in bitcoin

Love that Brandonbay liked this because he thinks it’s a compliment
As I said cabáiste

BrandonBay86 · 11-01-2021 09:51PM

TXPTGR1 wrote: »

Love that Brandonbay liked this because he thinks it’s a compliment
As I said cabáiste

Have fun staying poor

TXPTGR1 · 11-01-2021 09:52PM

BrandonBay86 wrote: »

Have fun staying poor

Oh Christ

rapul · 11-01-2021 10:33PM

TXPTGR1 wrote: »

Oh Christ

Christ on a bike you say!

Underground · 11-01-2021 10:33PM

Some of the language used in here is a bit cult like. Just saying.

BrandonBay86 · 11-01-2021 10:42PM

Underground wrote: »

Some of the language used in here is a bit cult like. Just saying.

Some of the posts in here are a bit salty.

Thargor · 11-01-2021 10:44PM

Jaysus a 20% drop back to where we were a few days ago and all the Pintman Johnny's come rushing in to tell us how they were right all along...

grindle · 11-01-2021 10:48PM

BrandonBay86 · 11-01-2021 10:49PM

grindle wrote: »

Lmao

Poor_old_gill · 11-01-2021 10:49PM

Underground wrote: »

Some of the language used in here is a bit cult like. Just saying.

But it lends itself to such language and such polarised opinions.

You either believe in the technology/it’s capability or you believe it’s a pyramid scheme but you have to believe in its use to invest in it.

Is anyone else starting to become a bit excited?

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