Bitcoin Forum

Who here has balls of steel?

Your balls are being tested now.

Only the strong survive.

http://static.giantbomb.com/uploads/original/0/8960/1478148-balls_of_steel.jpg

PS:  is one bigger than the other on yours like the picture?

EDIT:  PPS:   Ladies - Ovaries of Steel for all of you.   My bad.

-Burger-

Problem is selling your coins you have to leave all the fiat on an exchange.
Which could disappear at any second.

I think that would take more balls than safety storing them in cold storage.

If I haven't sold at 1242 what's the point on selling now? Or at $500. or at $100? or at $1?

Gentlemen, you have balls of steel.

selling btc in a crash is to mainstream.

Here. Not phased.  Although it's not that tough if you're super long, and ROI already over 10,000%.

+1.

10 years from now you look back and try to kick yourself upside the head, you could have been a multi-millionaire many times over if only you sold right around now. Remember what clever dick once said:

“I beseech you, in the bowels of Christ, think it possible you may be mistaken.”

Oliver Cromwell

Looks like the bottom is about to fall out on this one. Well fellows, it's been fun. See you all again in 6 months  :)

My habit not to sell btc didn't change.
Just sent another wire and hope to grab dirty cheap coins dropped by some Chinese chicken-traders :)

We're entering another epic bear trap phase like we had after April, I'm still holding and don't really care because I'm already sitting on huge profits. Would be tougher if I actually was sitting in the red but I've already lived through seeing my initial investment cut in half back in April so holding through this is a piece of cake for me. ;D Only the newbies have their balls tested this time, but almost everyone has to go through this test at some point. It builds character. ;)

+1

I'll be buried with at least some of my BTC, so I have pretty hard/big/metallic testicles, per se.

I sold my standard scheduled rake at $1100/BTC. I will not be selling on the way down, as per the rake schedule.

look at all the motherfudging volume going through. the bulls here are all too busy trying to hammer that sell trade in yip yip

Stick to the plan.

I've already sold out. Does that count? My balls of steel are about waiting long enough before buying in again.

still holding my ~200BTC. I didn't sell them at 1200 so I don't see any reason for sell them at 800.)

I hope you guys can catch the bottom.

nobody ever catches the exact bottom or exact top, you just got to sell when optimism is high and buy when despair is all around, makee sense?

GoxLoop™

what is goxloop? what is the real price brah?

Goxloop is a controversial safety mechanism on the Gox exchange that was implemented after a hacker was able to take control and sell everyone's coins, plummeting the price down to pennies. Those trades were all rolled back, and then Goxloop was put into place.

Essentially, when it detects a large sell like this, it triggers and stops trades. You will see the same series of trades being replayed repeatedly until a manual reset.

thanks for that explanation brah. so all the peeps who are trading now, all of them will be rolled back when the manual reset happens?

I don't know if the exact behavior of Goxloop has been documented, as we've only seen it a handful of times. The general concensus is that all trades that happened in the looping period of time shown WILL execute. While your order will appear to be cancel-able upon each loop, it is in-fact not. Orders placed DURING the looping, I'm not sure of. You're trading blind, and likely to get burnt when Goxloop ends.

My balls are so solid & heavy I'm off to buy a man pouch to carry them round in

Sometimes I don't know if I'm so stupid or my balls are huge...

I hid my cold wallets under my balls.

Titles like the one of this thread starts showing up when the panic is widespread :'( It's the first stage of grief.

All I can say is that I have been there. Eons ago I had over a thousand coins.

And boy I miss having so many coins which I sold in fear to "take profit" during bubble pops. Not even because of their fiat value now, hadn't I sold them. What I miss is the feeling of being part of an elite. Because now I know that with the earnings of my job I will never ever be able to have over a thousand coins again.

I wish I was able to really guess the dips and profit from them so that I could multiply my coins. But I suck at trading.
I have great hopes for wider merchant adoption though. I dream of being paid for my job in btc and to be able to pay all my bills and grocery in btc, while converting into fiat only at need.

No balls of steel here.  I'm just holding on for the ride.

I think it takes balls to try to time the market and predict what it's gonna do.  I don't have that.  So I just sit and watch the frenzy.

So the advise from you all is to wait for a few days and buy? I have no BTC and i'm looking to invest, but I can't afford to even buy 1btc at $1000. I could buy a few though if they were $300-400.

Holding! (My Bitcoins, not my balls)

I agree.  This forum has folks who will advise you to do whatever benefits them or furthers their self-importance.

All I will say is that you don't need to buy a whole bitcoin when you do buy.  And don't spend more money than you can comfortably afford to lose.

Buried mine. No chance to act in time :)

I never paid anything for my coins (tweaked my own hobby-program slightly for someone else for BTC and mined some silly altcoins within hours after release and sold for BTC), so I have no need to safeguard my fiat-investment, withdraw the principal, or whatever. So I hold.

I've happily made some profit, both fiat and BTC, with risk-free arbitrage during these volatile times.

You need balls of steel to trade on MT.GOX these days  ;)

i get that, when i first started with bitcoins i tried the trade game as i was new to the whole trading thing, i ended up losing more coins than i started with. it was a lesson learnt. Now I seem to have grasped the indicators that tell me when a market dips and when it rises, not always accurate however i still dont play it. I just wait for a large dip, buy and hold. i sell only a v small portion at v high tops and use that to multiply my holdings by rebuying.

One thing i found interesting are altcoins, ive transferred a minute amount of mbtc to cryptsy and just testing the water ive learnt alot so far and i hope to use that to get in some coins with strong fundamentals (already have partially). u can try that with a small amount and see how it goes. it can help u regain some lost coins

Mine are iridium made thank you!!  ;D

Nahhhhhh!!! I'm just kidding! I'm only wearing steel underwear!  :D

A radioactive variant? ;)

I personally think it takes balls of steel to sell at any time.

The chances of just never getting to buy back are too great.

Haven't checked but only the hardness is of interest in this application!!!  ;)

That's the truth about bitcoin!

+1

I have learnt not to trade BTC/USD - I lose more often than I win.

Try trading LTC/BTC instead.

Balls of steel reporting in, ready for crash sales :D

+1

Seems you have to have titanium balls - steel is too weak for that  :-\

Still holding.

If it drops to single digits I may think of selling, taking a tidy profit.  :D

Sold 5%. Am I still balls of steel?

Holding.

i have no choice but to hold for now or make very little profit.  i'm holding for the longer term right now unless prices go back up.

It's called a calculated risk. Risk losing a few % by buying back higher, vs nearly doubling your coins by buying back after a crash. The upside is bigger than the downside. Though like any gamble you don't risk more than you're willing to lose.

Of course, it's too late to sell out *now*.

Held through the April bubble and holding now. Never sold a single Satoshi for fiat. Spent some coins to support the economy. Now I'm enjoying the ride and happy to see cheaper coins. Maybe now my friends will buy some after all. Many of them are intrigued but think the price is too high and that they have "missed the boat".

Sold 6.5 BTC at $1100 bought back in at $600 - $800  :)

Took profit selling 3 btc at 1100$ that I made dumping MEC on greedy newbs, so now my initial investment is returned to me and my stash of btc is increased. The rest is my ticket to ride the rollercoaster and my balls are now enameled in steel.

This. I got out about $50 short of the top (which was better than I thought it was going to be), and I'll probably buy in $100-150 above the bottom after it starts going back up.

I may not be the most efficient at playing the entire swing, but I take a nice chunk out of each one and put it in my pocket. That's enough for me.

Tip how to avoid bitcoin depression: Check charts about once a month.
works perfectly for me. Last time i checked it was $200+..i check today its $750. Thank you bitcoin. It never crashed for me in last 6 month

+1

Sold 2.69% of my BTC at 850 CAD, bought back at 740 CAD and increased my overall BTC holdings by 0.30%.

PS. If one is a long time holder of BTC  one just uses standard accounting practices and values one's BTC at the lower of cost or net realizable value.

Best advice ever!! Thumps up!  ;)

Yes, buy asap then forgot what is bitcoin for 1-2 years ...

Buy then turn your net off for a year  ;D

sell everything go in debt as far as you can go buy as many coins as you can,,,  Then go to a crazy house saying you are a Trillionaire and you own the planet, just keep repeating until they drug you to a coma for 4 years. After its 100mil a coin have someone tell you the new price and stand up and say see i told you I owned the planet! Check yourself out!

Where can I have my balls bronzed?

Never fake a mental disorder because you are never faking it. The act of faking a mental disorder is a symptom of a mental disorder. (psychopathy)

Here is a ted talk on a criminal who got stuck in a mental asylum.
http://www.youtube.com/watch?v=xYemnKEKx0c

You have to stop visiting bitcointalk and stop watching news as well  :P

I had to sell out last night and limit my loss. I fear the worst is yet to come as the Chinese will most likely block bank deposits as well in the coming weeks or months. I also think the current selling trend will continue. It's not like everyone sold their coins last night. I imagine large portfolios will be dumping every day until they have gotten rid of the amount they want to exit. They can't do it all at once.

Someone let me know when it gets to 200. At that point, I'll take 1000 coins. I think I'll wait until it is there which won't be long.

or this could happen:
http://www.youtube.com/watch?v=PSWxlaYKoMw

Why do you think it will go to 200 if you and about a million others are willing to take a 1000 coins at that price?

I don't know. It's impossible to know. I feel like its going to get worse or at least stay depressed for the immediate future. I'm just saying that if it does hit 200 I'm recommitting no matter what the news is. I've got to decide on a number otherwise, 550,  500 and 450 all look so tempting. It's just my current plan.

Idiocracy-Ow! My Balls
 :D
http://www.youtube.com/watch?v=czSegPchDmU   ;D