Bitcoin Forum

Gox is back.

Happy to say I sold out.

I have zero confidence now that gox can support the coin.

Without Gox support, and being able to readily change to real money. Bitcoin is pretty worthless imho

Actually the reason why Bitcoin has failed twice is that everyone keeps using MTGOX. Given the problem in 2011, why the fuck are people still using them?

The sooner MTGOX market share drops to a reasonable level, eg. around 30-40%, the better.

Same. Just cashed all the way out, as in money is on its way back to the bank.

I don't expect to be back in the game for a while. I made a decent chunk of change, nothing spectacular, but nothing to complain about either.

I am just going to wait for a while til there's more stability, more reliable exchanges, and a better overall infrastructure to support BTC. As of right now this is a joke.

This!

20% even better.

No single exchange should have over 20% of the worldwide Bitcoin trade volume.

Thanks for the cheap coins. Keep selling!

More than correct, then if there was one big sale in one of the exchanges, the currency would still hold up as it will be harder to get everybody to panic sell at the same time.

Tesla, when you been in the game as long as I have you know that when you say you is selling out and banking it, you do realise that you are most likely not coming back, don't you? You know it deep down and I knows it. So this is how we get the cheap cheap coins again when the final blowoff comes. It can't happen this year, nobody knows what the fuck a bitcoin is yet!

buuuuuuuuuuuuuuuuuuuuuuuuuuuy




my bitcoins

New users posts on Speculation that they are cashing out... cool story bro's

Knowing me, I most likely am coming back, because you have to admit this is pretty addictive.

I don't see a single reason to cash out. Once I got twice my initial invested fiat back, I see absolutely no reason to sell remaining coins for $2 or $2000, so I only kepp like 20% of my coins on exchanges - to get more coins by speculating.

Cashing out 100% and moving money to the bank, when you are in the middle of the top investment of the century, among the very first 10-20 thousands of users, sounds very silly to me (to get what, 0.5% yearly return? with a 10% inflation, yeah that's gonna make you retire rich... not).

If, some time in the near future, price rises above the level where you are comfortable buying back in - you would not buy back in, and you would watch that train as a left behind loser, thinking "what if" for the rest of your life. I hope you do realize that.

Mtgox is a temporary problem. Once that problem is solved the primary constraint to Bitcoin growth is gone.  What do you think that means for Bitcoins future?

Selling now with so many trying to get into the market, but can't because of Mtgox is very short sighted indeed.

OP mark my words you have made a terrible mistake.

I've already got fiat wired to the exchange and I'm praying hard prices don't rally before I have a chance to buy in. I made some BTC shorting on the way down but I want more: this opportunity will not repeat in the near future

I don't like to be cruel, so I'll say: if its not too late, buy back in. Just a little if you aren't confident. Doesn't have to be all in. But if you really don't want to, I will be happy to buy your coins (and the coins of others like you) once my money hits the exchange

Perhaps if you complete your sentences I will be able to respond

Ah, you've fixed your post. It's depth far exceeds my ability to comprehend it so I shall sit in the corner sobbing at the terrible realisation of my stupidity. Thank you.

There's a reason his ignore button glows in the dark :)

No like your post was deep:

"I am buying coins because I think it goes up, you buy too because i'm buying ok cuzzzzzz I think you will regret it otherwise so do it BE SCARED"

Thank you for pointing it out. As I read your post, the glow intensified, and in it, Jesus Christ beckoned to me. Being a satanic, I naturally clicked it, to make it stop. And it did.

this is funny.
signed up a few months ago and already complaining.
You ain't seen shit.

Falling like a stone..78..We all know how Americans are greedy, they will panick sell when waking up, more downward trend to come..

Trade with your brain not your heart or your prejudices.

Americans are no more greedy than anyone else, we're all money-grabbing monkeys.

Just some of us are more shaven monkeys than others :p

Let's spare a thought for those new users who read the get-rich-quick popular media stories over the past few weeks and decided to get in on the action.  Many would have bought at $200+.  They've seen their investment lose over 50% within days.  Are these people likely to become fans of bitcoin or enemies?  Are they going to appreciate the technical innovation that sits behind bitcoin or just tell their friends it's one huge scam?

Bitcoin isn't useful to business if it gyrates by double digit percentages per day.  How does one price a product in bitcoins that costs US$50 wholesale to buy last week and sell today?  Better put a very healthy margin on it or you could lose money.

Hopefully some speculators got burned and won't be returning any time soon.

Everything Bitcoin is mentally priced in Dollars. In time, when we stop doing the conversion every time we see a BTC amount, Bitcoin will be rock solid. It's the bad habits of speculation in inflation and debt that spills over here, not Bitcoin having the same faults as fiat.

got burned but got the idea behind it all.
this bouncingchart-circus right now just tells me that the world is on to something,
when there are such huge attacks in such a short amount of time.
decentralisation, slow growth is the way to go.
bitcoin is meant to stay longterm.
I'm imagining what happens when litecoin is getting same attention
the big players get their engines running again and fool the next wave of newbies.
it's really too simple to do it over and over again until the hype is over.

so best proof this idea is a good thorn in the flesh of the ruling class
and this means we're on the right way

Does it? I only see an "Unignore" button  ;)

I believe BTC will rage up again some day. But not tomorrow. I cashed out.

I will buy more coins back in the future.