Final capitulations are the sweetest buying opportunities. You would probably never have heard of me, unless I happened to analyze the fundamentals and charts for month, before buying in at the final capitulation of 2011.
The more ppl speak like you (and the less they speak like me
) the better, because that much closer to the bottom we are.
But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012.
It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now.
Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a real backup, vainly sought after for 2-3 years.
The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening.
The more ppl speak like you (and the less they speak like me
) the better, because that much closer to the bottom we are.But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012.
It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now.
Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a real backup, vainly sought after for 2-3 years.
The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening.
http://i.imgur.com/Ty5H5Ml.jpg
I like what you did there, pouring oil on fire
I beg to disagree
Casually dropping some info about your at-noon breakfast of roasted liver with wine, in the middle of a capitulation that'll cost quite a few investors dearly, is the real oil-on-fire. Which is why I got the Marie Antoinette association.Yep.. I noticed that too... Risto can be a little bit pompously irritating from time to time - even if he may be dropping some otherwise decent data and/or historical perspective.
I think Risto's point is that we can all "eat cake" too is we just hold and don't panic (or buy during this great opportunities to do so if possible).
Maybe I am strange but I find his words quite comforting. To be able to drink a glass of wine with no worries to what Bitcoin is doing at the present impressive, especially when it is so easy to get emotional about it. But I am admittedly a huge fan of Risto. Of all the people on the thread he has been the most helpful to me, and generous too.
Hi guys,
I've never posted before, and probably will go back to lurking after this, but I just wanted to say that I, too, have found Risto's advice helpful and often accurate. I echo BitChick's experience of the man: he's been nothing but helpful, inclusive, and generous to me.
OK, i'm done. Good luck to us all, bulls, bears, (anti)Bitcoiners alike. We all gotta live in the same place, with or without jacuzzis
Oh, and Bon Voyage, BitChick! Have a great vacation
Sidecar