All posts made by Amph in Bitcointalk.org's Wall Observer thread



1. Post 11032677 (copy this link) (by Amph) (scraped on 2020-04-04_Sat_14.10h):

Quote from: 12345mm on April 09, 2015, 02:50:21 PM
the fun part about the alts is ... they're all priced in btc ... so if btc ultimately fails / severely loses value , so does every single alt coin ...

alt are also sucking money from btc which suck money from fiat, alt are another reason why btc price is low, people see alt as a better gambling then bitcoin(faster P&D there) and they invest a lot(well now much less because of all the scam coins released)

market dilution at its finest

Quote from: nioc on April 09, 2015, 03:23:28 PM
Quote
Question:   245 . Buy Hold or Sell?
Buy   - 33 (37.5%)
Hold   - 25 (28.4%)
Sell   - 30 (34.1%)
Total Voters: 88
And hodl option?

Why not the option of "buy and hodl"?

You can't hodl unless you buy.

I am currently buying btc and trying to hodl as opposed to buying btc and <redacted>.

how so? what about early adopter, or who made bitcoin in some "easy way"(not scamming, but i'm referin to gambling or instamining)?



2. Post 11032847 (copy this link) (by Amph) (scraped on 2020-04-04_Sat_14.10h):

Quote from: 2ndLife on April 09, 2015, 03:33:34 PM
the fun part about the alts is ... they're all priced in btc ... so if btc ultimately fails / severely loses value , so does every single alt coin ...

If that logic is good, and BTC is priced in USD, then if the USD fails/severely loses value Huh SO WOULD BTC!
And here I was, cheering the doom of that fiat economy... and now I gotta prop up the USD just to keep my BTC alive?
Sad

no, because bitcoin isn't attached only to usd, but to fiat in general, and its value is indipendent anyway, we give value to btc basing on fiat, but if all fiat currencies crash, we can give btc a value based on goods, we don't need fiat actually