Bitcoin Forum

Other => Beginners & Help => Topic started by: Onesan on November 09, 2013, 05:29:54 PM



Title: Obligitory newbie post :)
Post by: Onesan on November 09, 2013, 05:29:54 PM
My name is onesan, and im making this post because it is required, sadly this so far is insufficient to qualify as 'substantial' so im going to (pad this post out) *coughs*, explain the boring details of why i signed up.

When i brought bitcoins at my local exchange, they were between 120 to 180 NZD, i had great fun and lulz buying and selling on bitfunder
and my proudest accomplishment in that whole endeavour was telling my flatmate who thought this bitcoin stuff was ridiculous
"Hey XXX, i just downloaded pizza with money i downloaded from the internet" ok so it was technically online order, and money from my credit card,
but since id just made the price of the pizza in under 10 minutes of trading, sent to my exchange account, sold and from there to my bank,
close enough to the truth right?

Well then the sec drama happened, and i made moderate profits buying and selling btcquick in theory, in theory because it only covered a bit of thelosses on some tat.asicminer misfortune i had but oh well, i also made a good amount on any buying and selling labratmining shares, but managed to ultimately get some at a decent price and held onto them, possibly the wisest move ive made.

time to get some logs out
Thu 07 Nov 2013 07:35:14 PM NZDT 466.435503485/3.20897717=145.353325616 nzd per btc

Not so hot in theory right, considering i dont have 3 btc worth of coin between my accounts and assets, more like ~2.1 btc

But things are marvelous, im sure you must be wondering how i could say such a thing, but thats easy, soon im going to sell off somewhere in the
region of half of my shares, maybe less, and reach the state where i no longer have any fiat involvement in bitcoin, yay the state of pure profit awaits!

In the future i may (oh hell almost certainly) buy more labrat shares, but for the moment i need that fiat, having a breakeven of 145 ish
and the opportunity to get out and wait, and buy more btc at a saner price later on top of other stuff.

In conclusion, hi my name is onesan, and im a bitoholic.

Edit: oops, forgot to say, the price for btc is ~400 now compared to my ~145 breakeven


Title: Re: Obligitory newbie post :)
Post by: av4t4r68 on November 10, 2013, 01:03:24 AM
Welcome onesan  ;D!


Title: Re: Obligitory newbie post :)
Post by: lnternet on November 10, 2013, 01:56:37 AM
Better sell before it collapses.

Never sell it will keep booming even harder.

Choose one.


Title: Re: Obligitory newbie post :)
Post by: MAbtc on November 10, 2013, 04:57:41 AM
Welcome to the forum! Check the stickies for useful information about the forum, and make sure to watch out for scams, phishing tricks, etc. There is much of that around here, unfortunately. On that note, always use escrow for trade. Oh, and use an encrypted wallet that you control, not a 3rd party wallet!  ;D