Sold all my BTC

shagoholic said:

What you fail to understand is that bitcoin has been going longer than 3 months. In bitcoins history, it has NEVER, EVER... AND I MEAN NEVER, EVER, growing that fast. That's why it's probably going to be the biggest bubble of the 21st CENTURY! PERIOD!

Something that goes from $5000 to $15000 in 3 months, actually, infact, it's less... but anyways, besides the point! it can also drop as as fast! that's why it's a bubble!

$15000 to $5000 can happen in 3 months, just the same as it can raise $5000 to $15000 because it VOLATILE!

Another thing I want to address, is the issue regarding BITCOIN Futures AND Banks looking to jump on board the gravy train.

However, one thing, that undermines it been used and replacing the bank system will never happen.

Can I tell you why. It's so smack in your face obvious, you may not have thought of it.

When I go to LLOYDS BANK in the UK. I put my $1000 in my bank, it remains at $1000!

If i put $1000 in bitcoin, it's never ever going to be precisly $1000! it's goint to fluctuate, with the chance of loosing a hell of a lot. So how the hell can that system replace a stable system... I don't much like banks myself, but at least I know when I put $1000 in my bank, it's going to be $1000, without the worry of it loosing value.


P.S - AS WRITING THIS POST, BITCOIN DROPPED IN VALUE TO $13,999! CHECK IT OUT FOR YOURSELF!

PEOPLE CAN BELIEVE IN THE HYPE AND INVEST $19,000 AND LOOS $6,000 JUST LIKE THAT.. IT'S TOO MUCH FOR A NORMAL GUY BUT THE HYPE AND MEDIA PUMPING THIS, TO AVERAGE JOES IS THE BIGGEST 21ST CENTURY BUBBLE HAPPENING ,RIGHT NOW, RIGHT THIS SECOND. YOU ARE PART OF HISTORY PEOPLE!

Click to expand...

shagoholic said:

When I go to LLOYDS BANK in the UK. I put my $1000 in my bank, it remains at $1000!

Click to expand...

shagoholic said:

It's not new, jesus christ!! this is getting really annoying...

Everybody is hyping it as it's the "new thing" - News for you! it aint new at all for me... It's just gone more mainstream and now the sheep are following getting hyped up, that they have found some magical new currency... oh dear me! as that's what the attitude is of people who you speak too.

I remember 4 years ago speaking to bitcoin with my parents, they didn't give a flying fuck... now all off a sudden the newspaper and tv are going on about it, they are talking to me about bitcoin, asking if I have "heard about it"

Bitcoin has increased dramitcally this week but then dropped in value. I personally know someone who didn't listen to me earlier this week and went ahead and purchased bitcoin at $15,000 thinking he was gonna have 25k by this coming monday.. well bitcoin is dropping.. Now all he is talking about is how he just wants to sell it now... I've told him, the rise wont last forever.. the bubble is going to pop and give a sharp sock and a seriously need shot of reality is needed to bring people back down of the cloud they are sitting on.

I mean seriously, the amount of dumb ass people out there is just fucking incredible. It doesn't matter what you say to people, infact the more I think you tell people don't buy something, the more you are just pushing that person to buy.

This hype around bitcoin will die down. When the novelty has worn off, the price drops, normality will resume.

Price has been as high as $19,000 and dropped to $15,000 and here is where it's at now.


If you have bitcoin, I would seriously recommend you cash out and make money and have a good christmas with it.

Even some dumb ass on BHW i was talking too on skype told me that he thought it was on it's way to $40,000.... errr bro.. look what's happening... $19000 to $15000.. big drops.. something that can drop like that, can easily drop even harder... but, do what the fuck you want, I don't care. but please stop calling it "new"...

Click to expand...

shagoholic said:

It's not new, jesus christ!! this is getting really annoying...

Everybody is hyping it as it's the "new thing" - News for you! it aint new at all for me... It's just gone more mainstream and now the sheep are following getting hyped up, that they have found some magical new currency... oh dear me! as that's what the attitude is of people who you speak too.

I remember 4 years ago speaking to bitcoin with my parents, they didn't give a flying fuck... now all off a sudden the newspaper and tv are going on about it, they are talking to me about bitcoin, asking if I have "heard about it"

Bitcoin has increased dramitcally this week but then dropped in value. I personally know someone who didn't listen to me earlier this week and went ahead and purchased bitcoin at $15,000 thinking he was gonna have 25k by this coming monday.. well bitcoin is dropping.. Now all he is talking about is how he just wants to sell it now... I've told him, the rise wont last forever.. the bubble is going to pop and give a sharp sock and a seriously need shot of reality is needed to bring people back down of the cloud they are sitting on.

I mean seriously, the amount of dumb ass people out there is just fucking incredible. It doesn't matter what you say to people, infact the more I think you tell people don't buy something, the more you are just pushing that person to buy.

This hype around bitcoin will die down. When the novelty has worn off, the price drops, normality will resume.

Price has been as high as $19,000 and dropped to $15,000 and here is where it's at now.


If you have bitcoin, I would seriously recommend you cash out and make money and have a good christmas with it.

Even some dumb ass on BHW i was talking too on skype told me that he thought it was on it's way to $40,000.... errr bro.. look what's happening... $19000 to $15000.. big drops.. something that can drop like that, can easily drop even harder... but, do what the fuck you want, I don't care. but please stop calling it "new"...

Click to expand...

r3L4x said:

Just read what people are writing, it got from 5000 to 15 000 in 3 months. This means that I can go down from 15 000, to 5000 in 3 month... Bitcoin whose 250 dollars 2-3 years, this is his normal price, not 15k that is sitting 1 month... The price is bubble and it is mind control when big amount of people invest in worthless thing and it goes skyrocket.

About crypto veterans, I can bet that 80% of them never had really bitcoin money in hands, they see only numbers, not real money... And don't forget that 15% of cashing out them. Biggest money makers is exchange websites.

BDW, bitcoin price 13 100 and it goes down. Tomorrow, I can bet it will gonna be 10k, congrats why both bitcoin few days back you lost 5k dollars...

Click to expand...

shagoholic said:

What you fail to understand is that bitcoin has been going longer than 3 months. In bitcoins history, it has NEVER, EVER... AND I MEAN NEVER, EVER, growing that fast. That's why it's probably going to be the biggest bubble of the 21st CENTURY! PERIOD!

Something that goes from $5000 to $15000 in 3 months, actually, infact, it's less... but anyways, besides the point! it can also drop as as fast! that's why it's a bubble!

$15000 to $5000 can happen in 3 months, just the same as it can raise $5000 to $15000 because it VOLATILE!

Another thing I want to address, is the issue regarding BITCOIN Futures AND Banks looking to jump on board the gravy train.

However, one thing, that undermines it been used and replacing the bank system will never happen.

Can I tell you why. It's so smack in your face obvious, you may not have thought of it.

When I go to LLOYDS BANK in the UK. I put my $1000 in my bank, it remains at $1000!

If i put $1000 in bitcoin, it's never ever going to be precisly $1000! it's goint to fluctuate, with the chance of loosing a hell of a lot. So how the hell can that system replace a stable system... I don't much like banks myself, but at least I know when I put $1000 in my bank, it's going to be $1000, without the worry of it loosing value.


P.S - AS WRITING THIS POST, BITCOIN DROPPED IN VALUE TO $13,999! CHECK IT OUT FOR YOURSELF!

PEOPLE CAN BELIEVE IN THE HYPE AND INVEST $19,000 AND LOOS $6,000 JUST LIKE THAT.. IT'S TOO MUCH FOR A NORMAL GUY BUT THE HYPE AND MEDIA PUMPING THIS, TO AVERAGE JOES IS THE BIGGEST 21ST CENTURY BUBBLE HAPPENING ,RIGHT NOW, RIGHT THIS SECOND. YOU ARE PART OF HISTORY PEOPLE!

Click to expand...