Bitcoin Forum

i bought in bitcoins last year at price $970 - $1020, not only suffering all these huge dumps but also haven't got a single penny interest of the stucking fund and still losing 40% !

i was planning to buy a luxury house if the price could reach $3000 !

it has been almost one year waiting, what the fuck is this now ? $650 is a joke! fxck !

Are you prepared for 100 $ / BTC. ? ? ?

http://www.heartbargraphics.com/SS_jpgs/log_shack_hbg.jpg

I am so sorry for you. Didn't your mommy tell you that playing with money is for grown-ups only?
In any case, you should complain to the shady guy who promised you a $3000 price, he obviously did not keep his promise.

Onkel Paul

Seriously, BTC will most likely be worth more than $1000 later this year, maybe not $3000, but if you wait a bit you'll be better off than if you had put it into a bank account with meager interest.

Hi speculator, too bad you got burnt on the top of a bubble. Well you surely knew bitcoin was risky, didn't you? Oh, you blindly followed advice on internet? Well, a fool and his money ...

I hope you are not that bad at math "Nearly a year". Too bad bitcoin is not a ponzie where you made money, you'll have to wait more (few months) or sell at a loss.

It's a currency not an investment you buffoon.

People who feel entitled to something often lose out, it's called karma bitch. Maybe if you pull a Veronica now you can still buy yourself a nice tent to live in. :D

This reminds me of when I started buying BTC in the fall of 2011 at over 5 USD per BTC and then watched my investment drop to just over 2 USD per BTC for a drop of 60%!. At the time I chose to HOLD, and buy more.  ;)

Bitcoin investors = scoped tomahawk

http://th07.deviantart.net/fs71/PRE/f/2013/032/1/9/scoped_tomahawk_by_fredrikh-d5tg65h.jpg

how much have you made up after all? pretty big huh?
i was planning to move to Irvine or Los Altos, houses there worth over $ million, $3k per bitcoin needed !

Well, bitcoin is NOT an investment. It is a currency to be used on the internet. So everything is working fine. You may have been misinformed if you thought bitcoin was a get rich quick scheme. It was envisioned that you would buy them and then SPEND them to buy things.
Speculating on future price is a very risky endeavor and often ends with a loss.

Bitcoin is what people will use it for. If they use it as an investment,

...it is an investment.

Yeah, and he had to wait almost 3 years for that to happen.  You want the same out of a couple of months; you could always move to Detroit.

Ok, all of you guys replying to the OP's thread need to be ashamed that you can't even recognize a newly created troll account.  I can see that astute perception has fallen to an all time low on this sub.

http://static.giantbomb.com/uploads/original/0/4355/1145798-941670_937204_facepalm_implied_super_super.jpg

i heard about the bitcoin exploded, it's not the same old thing/speed anymore?

Not everyone can get rich you know. There has to be losers.
Oh well, never mind. LOL  :D

Guarantee what will happen. You will sell at a loss, then the price will rise.

Yes I have done very well, because I kept over 60% of my BTC.  My overall return is over 20,000% at the peak in late 2013. Over 10,000% now.  I have been holding with small purchases since October 2013. I made the "mistake" of selling some BTC too soon in early 2012 in the 20 USD range at a profit of over 300%.  It is a very wild ride to hold but well worth it over the long term.

Edit: Not very sure about selling at 3000 USD, having been burned before by selling too soon.

for example, if btc will lose about 20% of price just for week then people start to invest in it.  Week isn't too long interval and btc for sure will go up later. so btc may become a rich quick scheme, and if such waves of price will be repeated then more and more people start to use it.  Does that mean what btc will be a good investment and what about begin to invest now?

I know I shouldn't be replying to an obvious  troll thread but I think $650 isn't too shabby.

It's almost 10x what I paid for my first coins and almost 50% higher than what I paid for my last coins, and it seems ready for a big increase.

That's not a bad return in a year and a half despite missing out on $15 coins by being too cautious.

A little patience goes a long way.

The recent bear market from the over 1100 USD high is actually a very healthy correction. If the OP is trolling to get people to panic sell it is simply not working.

To be clear, of course you can "invest" in bitcoin. But a lot of people seem to think that it was designed as an investment vehicle of some kind. It's just money, and the price is irrelevant in terms of it's utility. I have never known anyone to be dissatisfied with bitcoin when used as designed. However the people who show up asking "What computer buttons do I press to get rich?", they also seem to loose.

There is no magic button, but some people have got rich, and they just waited  :)

You could have gotten rich if you had started playing with altcoins back then instead of buying and holding BTC. I'm very impressed you held this whole time btw. That's assuming you aren't Fonzie creating a noob account to play wounded soldier - in that case I think you need to get a life, very badly.

How's MRO looking now, and what happened to 1 mro = 1 btc? idiot.

Have you bought into my dump, or why are you so angry?  :D :D
Im sellin  50% of of my MIN right now, so buy buy buy , it will soon be 1 MIN = 1 BTC

Actually more like 62.50 USD per BTC. If someone bought at the 2011 peak of 32 USD per BTC they would have first seen a drop of over 93% to 2 USD followed by a rise of 2,000% from the initial investment three years later to 640 USD. A similar performance purchasing at 1000 USD would mean a drop to 62.50 USD followed by a rise to 20,000 USD after three years.

Of course past performance is no guarantee of future results.

One can only hope!  :)

Give it 3 more months and you'll get your luxury house.

The same said the guys who bought at 200 top of the bubble last year and then the price was 100.. just wait, it will return to 1000 and raise more.

The price is what the price is.  Efficient market hypothesis indicates that all the news about SR auction, NewEgg adoption, etc... is baked into this current price of roughly $650. 

Sorry to hear that Mr. Market is not cooperating with your house-shopping plans.  But if you think the fundamentals justify a price of $3000, you would be advised to wait.  The market doesn't always cooperate in the short term, but in the long term, there is usually correlation between price and value.

You are still great with this price, in the other hand we have the ltc holders, they surely cant even afford one wooden house in the future

http://donaldmcallister.com/wp-content/uploads/2013/07/house-poor.jpg

beautiful, a palace indeed

:) you need to complete this one year wait, padawan, and then come troll again. from your new mansion.

Again someone capricious who dream to be rich fast and now, just by buying some coins. It may happen, why not.
But at the moment... welcome to the reality.

Patience is key. Just don't watch the price for a while, you'll feel better.

bitcoin isn´t like getting rich quick.

it is getting rich in s l o w  m o t i o n.

especially when you check the charts 10x a day  :D

:-)

Its not even completed one year , it has been 7 months and this guy says one year.. you are clearly unpatient, dont make mistakes.

Looks like you bought Bitcoins for the wrong reason.

You are going to recover and win some money in the end of the year, don´t worrie.

It's a get rich quick but not that quick scheme. At this point bitcoin can not fail. The question now is only how far it will go.

c'mon man, double down, make it back on the upside!

thanks for the laugh

:)

Keep them, don't sell, I m pretty sure you will break-even very soon :)