/biz/ - Business & Finance

>>145839

>Nocoiner

I turned 400 to 5 figures in a year day trading Bitcoin.
I'm still holding some coins. Well more like jumping on and off the ride, just like I have done during my day trading "hobby"
I'm not confident enough to sleep in Crypto at this point, haven't been in a long time.
Did cash out 60% of that out around the new year though, so I'm 100% safe and I can't lose a damn thing at this point.

Why is it that you "bitcoin believers" or whatever the fuck you guys want to call yourselves always seem like completely deluded hippies.

No seriously this is like talking to some pot head squatting in an abandoned building playing drums and talking about taking down the government.
>Down with the bankers, we're changing the world man!

Get a grip and pull your head out of the clouds, back to the real world.
This is supported by nothing but hot air at these prices.

We were about 200$ or 150$ before China, then we were expecting the Chinese Gov to endorse and accept Bitcoin. Well huge surprise, they didn't.
But the price didn't tank for good, it stayed well above 200$. It stayed near 1k. Now if that's not as sign of an overpriced coin, then I don't know what is.
Also, even though Chinese exchanges seem to be running strong, most of it is just faked volume and everyone knows that.
As it was proved with BTCChina.
They might get taken offline overnight. The exchanges only "believe that we aren't violating law" They are walking on very thin ice.
In addition, Russia decided to say "fuck you bitcoin" and we lost them too.

Now we are experiencing the biggest fuckup in the Bitcoin history, and that matter isn't even over yet.
We haven't even had a statement from Gox.

This doesn't promote any confidence in me.

But it's useless to say this, because it's like trying to convince some religious zealot of your views.
He's not going to accept or even consider any of your views, no matter what you say.