Bitcoin Forum

A lot of people feel like they missed the boat by missing the bubble.

I'd be happy to miss that boat anyday.

Why? Cause its a boat that will eventually sink. Who wants a ride on that.

A very few people will profit, but I  wouldnt intentionally invest in a parabolic bubble, too risky.

I missed it, I lost almost all of my BTC gambling right while it started to rise.

I missed it, but am hoping to not miss the LTC boat.

Sounds a bit like the fable of the fox that couldn't reach the grapes :P

This.  Lost a couple of bitcoins on just-dice, a couple of thousand, like $5000 at MT.GOX's price at the moment lol :(
I remember bitcoins dropping all the way down to $50 once...

Dont start chasing the bubble, and panic buy, that whats going on right now.  Wait until all this buying panic stops. Might be in 1 week or 1 month. Just chill and dont pay any attention to it, cause it will drive you crazy.

Its better to gain nothing, then to lose alot.

This is all going to crumble down, collapsing and end very bad for alot of people who dont get out in time.

When people are panic buying, thats when you sell, and when people are panic selling, that's when you buy.

Wait until it crashes, and it will. Patience is the key my friend.

I had a few bitcoin on a laptop but never made a back up. I lost 4 thousand dollars (well since the price went up). I'll never be able to do cosplaying consistently now ;~;

Do you have the bollocks to put your money where your mouth is?

Trading is always risky, many believed there will be correction under 800 two days ago. They mised this boat, but next boat might come to the port soon ;)

I think I'm good on this. Invested when it was quite a bit lower but will invest more once the ship sinks!

Double down!

I feel like I just got on the boat in time by a matter of days. I could've doubled the amount of coins I had for the same money if I'd been more organised but I reached the goal I wanted.

The cost per coin averages out at a level that I wouldn't sweat if it dropped by a few hundred. I've no idea what'll happen in the future. I don't think I could bring myself to buy any more coins at these prices or beyond. If it went back to 400-500 I would grab a few more.

It might be worth throwing some tiny amounts at other coins just in case it makes you a winner in the future.

I feel like this thread is written for me.

Started moving my USDs around and setting up all the accounts. It's taken two weeks (newbie tax) and now my chosen alt, LTC, has skyrocketed. "Fortunately," the alts all seem to follow BTCs progress right now, so my BTC purchased at $950 (UGH) will probably have the same buying power for LTC or PPC when they correct. But it's still rather maddening to have wanted to buy a few LTCs when they were at $5, to see them at $40 today.

I still have a lot of faith in LTCs, especially since they're yet to be picked up by Coindesk and the main Chinese exchange, but I would like them to correct before they shoot up again.

I've definitely been learning a great deal. I was considering LTC at $6 and then got distracted. Ah well. I'm thinking PPC.

Probably the best decision I made was to use localbitcoins for most of my purchases rather than wait to get on an exchange. Even with the premium I paid about $250-300 for most of my coins. By the time I was deposited and verified on Bitstamp they cost $797.

Bitcoin is used as a go-between currency mostly. Though there are probably a few investors who dabble in playing this market.

Best bet is: (buy bitcoin - use multiple mixers - pay for service) or (receive bitcoin - use multiple mixers - withdraw)

It's pretty good for this purpose because of irreversible transactions.
It does raise a problem though, early adopters have too much wealth if they all start withdrawing cash the boat will instantly sink.

Perhaps someone will decide to do the right thing and recreate bitcoin to be more useful, no early adopter bias and no deflationary model to reward hoarding. That would be far more useful for what bitcoin is currently used for (go-between currency).

still on the boat baby... still sailing

do you guys consider buying LTC now @$37 a bad idea? 

I can't agree with you more.

AFAICT people talking things like that since bitcoin was 10$ or something  :P :P
Just look where we are now  :P

Wait for the boat to sink.

I missed the first go around, but I have some skin in the game now.

I am really enjoying the ride with my ltc right now.

I wonder where the new equilibrium will be. Here's hoping it's higher yet.

Buggrock, technology always has a parabolic adoption curve. Did you stop using facebook when it became popular?
Bitcoin's usefulness actually increases as more people get into it and put more money into it. As it stands, the cryptocurrency market is TOO SMALL to be taken seriously by large investors or large retailers (unless it is as a gimmick). If the assumption is Bitcoin succeeds (and that's a big if) it will be way higher than it is today.

Sure, there may be a temporary crash to $500, but why would you take the risk and wait? It could just as easily go to $1100... then 1300... then 1800. And you will be sitting there waiting for it to crash by 50%.

If you are serious about investing in cryptocurrencies and are nervous, invest over time at set intervals.
Stop trying to read the market, it's something no one has ever seen before. Anything goes.

Agreed. The technology is revolutionary; it is not simply a get rich scheme. The buzz and hype are helping to promote and hopefully legitimize the currency for the general public.

Crypto is the currency of the people and I can't wait to see where it goes from here.

You are right in everything you say, right now it is too expensive bitcoin to buy it will get to normal levels in some weeks or months. Exactly like this the stocks work, people that have a lot of bitcoins want to have their money and buy more bitcoins when they get lower again.

The price of bitcoin is going to go down the same way that it goes to more than $1000 because a lot of people is trying to get their money right now, also the people that are trying to get their money are having a lot of issues, they could get minimum amounts but not all their money

I did not miss the BTCoat (BTCtw, here in Italy we say "train", not "BTCoat" :D ) and I'm quite happy. BTCut the actual "don't miss the BTCoat" is exiting the game BTCefore the crash.

Yes, it is at top of historical BTC/LTC price  :)
Most likely BTC/LTC will go down because LTC has no use, just speculation

I missed the boat maybe i take an other one or just sitting on the beach and slurping my cocktail  ;D

Last Minute is gone. No way to tell what would happen next minute. This minute is the living one. Just enjoy this minute. I know some people get depressed. Nothing can be done. Throw away all your worries.

I hoping i just about caught the boat. I bought some last weekend, its since doubled in price.

Might sell half my coins now, to get my investment back, then keep the rest no matter to see where the market goes?

Seems as good strategy. I used something similar myselves and now I have no reason to panic sell and I sleep much better...

Think positive. Theres always the next boat you can catch. It'll get you there later, but atleast you'll arrive to your destination.

Yep.Just like that. This strategy saves your nerves.

Except when they rise in stock 900%.  :o :-[ :-\ :'(

if i miss the boat, it might as well crash and burn. that is how i think most people feel  :D

bitcoin has been on the rise for a month with no signs of slowing down.. it could crash sure, or it could fly to new heights and stay there.

my boat will be sailing back, soon.

If you haven't missed it, you could have sold your btc and earned 10x profits.
Maybe it will eventually sink, but you could get out before that.

As long as BTC goes up, LTC will keep following suit. In fact it's been growing, and will continue to grow, at a faster rate than BTC. As BTC keeps rising, more and more people will start looking at the lower-priced alt coins.

Whatever you do always seems a bad idea at the time you do it, unless you can see the future.

The last 2 days are showing exactly that but we have to wait more to see if that trend continues.
In any case seems that there are still a lot of boats for people to miss  :P :P

I think its all down to risk and every aspect of life consists of risk.. people think its not tangible but your money is paper and worthless and is no different to some zeros and ones down at the central bank..  so if you take the risk and you have some savings or surplus money then its worth a try but dont go lending money or using money that you need to support the family etc.. 

one point to note is that on these blogs you will find people who are trying to deceive you into parting from your money.

i found a cloud mining add and  a user was claiming this company is amazing and how they just invested and now get this much back every month.

I reserched the company on a database, did some due diligence and they set up 3 weeks ago,  the user is also a new user set up 2 weeks ago..

you dont need to be a brain surgeon to work out whats going on...

Opportunities are like buses. There's always another one coming.

In my view it depends on how you look at things - If you're buying BTC with a view to long term gain then perhaps - But if you're simply day trading with the key to profit from prolific price shifts then I'd say the boat hasn't even arrived.....

Well wait for your turn, the boat stops at set regular intervals  ;)

Suppose I missed the new boat.   First read about bitcoins years ago, didn't really seem worth the hassle when it was worth $3 etc hah
Started doing some mining about 7 months ago although the hardware I was using was nearly 3 years old (great ATI gaming card at the time), about 0.1 coins a week.

Had a couple of coins, thought I would try a bit of arbitrage between Bitstamp and GOX.  Well it worked however good lucking getting any Fiat money out of GOX! This was at around $200+ USD which felt like a massive return at the time relative to traditional market investment.

Sat in their outpayment queue for about a month with no indication of where I was in this alleged queue, gave up and got the funds put back into the account.  I should have bought back into BTC at the time and left it however I sort of just forgot about it, next thing I hear bitcoins are $800+ lol

Oh well :-) Have bought back into BTC via GOX (my only option) however could have been a lot more enjoyable if I just held my BTC

I missed..   :'(

but now i will focus on alt coins.. waiting for next boom. (in my luck, it will never happen or i miss it somehow)

aww, I should have put everything I have into bitcoin when I first heard of it 2 years ago.

As more people and businesses accept bitcoins to transact, its value will go up as it will become a more useful currency.

I don't see why you think that the boat has sailed already.  Also, why would anyone want to have missed the boat?  In reality it's not a boat since you can exit whenever you like.  If you think that you've made enough profit, just sell.

The real risks with bitcoins are keeping them safe.  You have very little assurance with online services since there are no legal guarantees that your coins are safe like a recognized currency in a bank.

-rad-