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Title: I just bought and why it's bad for you Post by: hopefull on September 27, 2014, 04:10:18 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all.
This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! Title: Re: I just bought and why it's bad for you Post by: Chuckee on September 27, 2014, 04:23:44 AM At least you recognize that bitcoin is a money pit, unlike most of the mental dwarfs around here who are expecting to be rich soon.
Title: Re: I just bought and why it's bad for you Post by: thresher on September 27, 2014, 04:30:52 AM you should've told us you were buying. I'd have sold ass lol.
Granted i don't buy your story ;D Title: Re: I just bought and why it's bad for you Post by: bitcoin_bagholder on September 27, 2014, 06:10:04 AM you should've told us you were buying. I'd have sold ass lol. Granted i don't buy your story ;D Yeah, too many millions in OP's tale. Probably a ramen noodle-eating broke guy living a fantasy life on the internet. Title: Re: I just bought and why it's bad for you Post by: notserp on September 27, 2014, 06:47:27 AM Hi Guy L. :) you own Cirque du Soleil not a construction company don't lie
Title: Re: I just bought and why it's bad for you Post by: pitham1 on September 27, 2014, 08:32:50 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! It is about time your luck changed. ;) Title: Re: I just bought and why it's bad for you Post by: sgbett on September 27, 2014, 10:08:53 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare but I thought 'Nah, forget it' - 'Yo, homes to Bel Air'. I pulled up to the house about 7 or 8 and I yelled to the cabbie 'Yo homes smell ya later'. I looked at my kingdom, I was finally there, To sit on my throne as the Prince of Bel Air. You make an interesting case Title: Re: I just bought and why it's bad for you Post by: Hyena on September 27, 2014, 10:19:26 AM luck? :D luck has a funny way to turn.
Title: Re: I just bought and why it's bad for you Post by: dynamox on September 27, 2014, 02:22:22 PM Holy fuck, seriously? how did you make all these millions to only lost them later in the first place? thats the question.
Title: Re: I just bought and why it's bad for you Post by: blatchcorn on September 27, 2014, 04:04:32 PM Your involvement in Bitcoin has already been priced in ;)
Title: Re: I just bought and why it's bad for you Post by: notme on September 27, 2014, 04:13:47 PM Holy fuck, seriously? how did you make all these millions to only lost them later in the first place? thats the question. Construction can huge money if you can land the big projects, but construction workers tend to be terrible investors. Title: Re: I just bought and why it's bad for you Post by: wachtwoord on September 27, 2014, 04:14:16 PM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! You have the chance to make back all your losses and you took the first step. Now the second step is just as important: don't sell in the next 5 years. Title: Re: I just bought and why it's bad for you Post by: njcarlos on September 27, 2014, 05:38:27 PM Sounds like you have a gambling problem. Seek help.
Title: Re: I just bought and why it's bad for you Post by: Wilhelm on September 27, 2014, 05:40:18 PM How can you lose so much millions? You must be making them too right?
Title: Re: I just bought and why it's bad for you Post by: 2themoon on September 27, 2014, 06:45:40 PM 1) You probably are going to lose money on the short-term, since you bought on a bearish trend.
2) Don't sell, even if the price goes to 200. Next year, you'll be in profit. 3) Never, ever, gamble again, mostly there is only one winner: the house. Title: Re: I just bought and why it's bad for you Post by: hopefull on September 27, 2014, 06:58:56 PM I build senior housing complexes, they range from 7 to 40 million, obviously I have been fortunate in other aspects and it's not all bad. Here is my true unqualified look at what a pro trader would look at, obviously some here may not look at a weekly chart, but depending if look at a linear or non linear chart we are in a major downtrend chanel, we are half way to this last leg where if you draw lines it will lead you to upper 200 range, however that does not mean we will go that far, it might just as well stop here and we bounce to upper trend line of this downtrend which is mid 5xx. That's my dollar!
Title: Re: I just bought and why it's bad for you Post by: Newbie1022 on September 27, 2014, 07:18:28 PM I build senior housing complexes, they range from 7 to 40 million, obviously I have been fortunate in other aspects and it's not all bad. Here is my true unqualified look at what a pro trader would look at, obviously some here may not look at a weekly chart, but depending if look at a linear or non linear chart we are in a major downtrend chanel, we are half way to this last leg where if you draw lines it will lead you to upper 200 range, however that does not mean we will go that far, it might just as well stop here and we bounce to upper trend line of this downtrend which is mid 5xx. That's my dollar! You are trying to catch a falling knife. Look at the one-day chart. See if you can't get out at a face saving price on volatility. Don't ruin your life. Title: Re: I just bought and why it's bad for you Post by: inca on September 27, 2014, 07:30:09 PM I build senior housing complexes, they range from 7 to 40 million, obviously I have been fortunate in other aspects and it's not all bad. Here is my true unqualified look at what a pro trader would look at, obviously some here may not look at a weekly chart, but depending if look at a linear or non linear chart we are in a major downtrend chanel, we are half way to this last leg where if you draw lines it will lead you to upper 200 range, however that does not mean we will go that far, it might just as well stop here and we bounce to upper trend line of this downtrend which is mid 5xx. That's my dollar! You are trying to catch a falling knife. Look at the one-day chart. See if you can't get out at a face saving price on volatility. Don't ruin your life. You know what they say about the worth of advice from an unknown internet poster! Title: Re: I just bought and why it's bad for you Post by: wachtwoord on September 27, 2014, 09:21:40 PM I build senior housing complexes, they range from 7 to 40 million, obviously I have been fortunate in other aspects and it's not all bad. Here is my true unqualified look at what a pro trader would look at, obviously some here may not look at a weekly chart, but depending if look at a linear or non linear chart we are in a major downtrend chanel, we are half way to this last leg where if you draw lines it will lead you to upper 200 range, however that does not mean we will go that far, it might just as well stop here and we bounce to upper trend line of this downtrend which is mid 5xx. That's my dollar! You are trying to catch a falling knife. Look at the one-day chart. See if you can't get out at a face saving price on volatility. Don't ruin your life. I try to catch falling knifes in most investments I make. It means the security is relatively cheap at least (of course I investigate whether it's truly undervalued). Of course it can fall further. It always can, but the odds are in your favor. Title: Re: I just bought and why it's bad for you Post by: pitham1 on September 28, 2014, 07:43:52 AM I think I should get into the construction industry as well. :)
Title: Re: I just bought and why it's bad for you Post by: Nrcewker on September 28, 2014, 09:40:49 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! Yes, luck is part of the strength. But, a good beginning is half the battle , this is where you make a mistake. In fact, Coinbase is not a true Exchange, it's a changer just like okpay, bitpay, egopay, etc. You buy bitcoins on Coinbase that itself cost your extra more fee, and you can't do some decent trading on it. The other hand, there is a tradition on Coinbase, do you know? Whenever there is a greater volatility in Bitcoin price, they will prohibit you buy/sell bitcoins on Coinbase, until the price recover smooth. Oh fuck, if it would not allow us doing business when the price changes, how to make money? So you want to make money with Bitcoin, firstly you have to choose a Bitcoin Exchange. Usually, Exchange charge fees 0.1% - 0.5%, but changers would charge a fee at least 1%, common 2%, even I had seen 7% on some changers. I suggest you go the following exchange: 1. LakeBTC https://www.lakebtc.com/, best for North American and China users, but more suitable for bulk trading, and it's difficult to ensure profits of retail trading users. 2. Bitstamp https://www.bitstamp.net/, best for Europe users, but their KYC verification is annoying and slightly higher fee compared to other exchanges. 3. Btc-e https://btc-e.com/, Except Bitcoin, if you want to trade another crypto-currency, btc-e is best. More Bitcoin Exchange list you can see here: https://bitcointalk.org/index.php?topic=695082.0 (https://bitcointalk.org/index.php?topic=695082.0) Title: Re: I just bought and why it's bad for you Post by: TinaK on September 28, 2014, 02:53:52 PM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! Yes, luck is part of the strength. But, a good beginning is half the battle , this is where you make a mistake. In fact, Coinbase is not a true Exchange, it's a changer just like okpay, bitpay, egopay, etc. You buy bitcoins on Coinbase that itself cost your extra more fee, and you can't do some decent trading on it. The other hand, there is a tradition on Coinbase, do you know? Whenever there is a greater volatility in Bitcoin price, they will prohibit you buy/sell bitcoins on Coinbase, until the price recover smooth. Oh fuck, if it would not allow us doing business when the price changes, how to make money? So you want to make money with Bitcoin, firstly you have to choose a Bitcoin Exchange. Usually, Exchange charge fees 0.1% - 0.5%, but changers would charge a fee at least 1%, common 2%, even I had seen 7% on some changers. I suggest you go the following exchange: 1. LakeBTC https://www.lakebtc.com/, best for North American and China users, but more suitable for bulk trading, and it's difficult to ensure profits of retail trading users. 2. Bitstamp https://www.bitstamp.net/, best for Europe users, but their KYC verification is annoying and slightly higher fee compared to other exchanges. 3. Btc-e https://btc-e.com/, Except Bitcoin, if you want to trade another crypto-currency, btc-e is best. More Bitcoin Exchange list you can see here: https://bitcointalk.org/index.php?topic=695082.0 (https://bitcointalk.org/index.php?topic=695082.0) Sometimes Bitstamp fee is cheaper than LakeBTC, but it's at least 0.2% however LakeBTC minimum fee can be 0.1%. And that KYC verification of Bitstamp is very annoying, this is why that I never use Bitstamp. $200,000 is a critical point, you should trade on LakeBTC within 30 days of the trading volumeis not less than $200,000, or else you can consider Bitstamp. Title: Re: I just bought and why it's bad for you Post by: Valeey on September 29, 2014, 01:43:38 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! Yes, luck is part of the strength. But, a good beginning is half the battle , this is where you make a mistake. In fact, Coinbase is not a true Exchange, it's a changer just like okpay, bitpay, egopay, etc. You buy bitcoins on Coinbase that itself cost your extra more fee, and you can't do some decent trading on it. The other hand, there is a tradition on Coinbase, do you know? Whenever there is a greater volatility in Bitcoin price, they will prohibit you buy/sell bitcoins on Coinbase, until the price recover smooth. Oh fuck, if it would not allow us doing business when the price changes, how to make money? So you want to make money with Bitcoin, firstly you have to choose a Bitcoin Exchange. Usually, Exchange charge fees 0.1% - 0.5%, but changers would charge a fee at least 1%, common 2%, even I had seen 7% on some changers. I suggest you go the following exchange: 1. LakeBTC https://www.lakebtc.com/, best for North American and China users, but more suitable for bulk trading, and it's difficult to ensure profits of retail trading users. 2. Bitstamp https://www.bitstamp.net/, best for Europe users, but their KYC verification is annoying and slightly higher fee compared to other exchanges. 3. Btc-e https://btc-e.com/, Except Bitcoin, if you want to trade another crypto-currency, btc-e is best. More Bitcoin Exchange list you can see here: https://bitcointalk.org/index.php?topic=695082.0 (https://bitcointalk.org/index.php?topic=695082.0) If you are a long-term holder for bitcoins, it is no difference to buy bitcoin in anywhere, Bitcoin price sooner or later return to $10,000, to the moon. But if you want earn short-term money, it's really need to find a good Exchange. Title: Re: I just bought and why it's bad for you Post by: GreenCoin22 on September 29, 2014, 03:38:55 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! Yes, luck is part of the strength. But, a good beginning is half the battle , this is where you make a mistake. In fact, Coinbase is not a true Exchange, it's a changer just like okpay, bitpay, egopay, etc. You buy bitcoins on Coinbase that itself cost your extra more fee, and you can't do some decent trading on it. The other hand, there is a tradition on Coinbase, do you know? Whenever there is a greater volatility in Bitcoin price, they will prohibit you buy/sell bitcoins on Coinbase, until the price recover smooth. Oh fuck, if it would not allow us doing business when the price changes, how to make money? So you want to make money with Bitcoin, firstly you have to choose a Bitcoin Exchange. Usually, Exchange charge fees 0.1% - 0.5%, but changers would charge a fee at least 1%, common 2%, even I had seen 7% on some changers. I suggest you go the following exchange: 1. LakeBTC https://www.lakebtc.com/, best for North American and China users, but more suitable for bulk trading, and it's difficult to ensure profits of retail trading users. 2. Bitstamp https://www.bitstamp.net/, best for Europe users, but their KYC verification is annoying and slightly higher fee compared to other exchanges. 3. Btc-e https://btc-e.com/, Except Bitcoin, if you want to trade another crypto-currency, btc-e is best. More Bitcoin Exchange list you can see here: https://bitcointalk.org/index.php?topic=695082.0 (https://bitcointalk.org/index.php?topic=695082.0) Sometimes Bitstamp fee is cheaper than LakeBTC, but it's at least 0.2% however LakeBTC minimum fee can be 0.1%. And that KYC verification of Bitstamp is very annoying, this is why that I never use Bitstamp. $200,000 is a critical point, you should trade on LakeBTC within 30 days of the trading volumeis not less than $200,000, or else you can consider Bitstamp. 500 Bitcoin is now about $200,000, I suggest not to sell now, although it can not guarantee the return to $700/btc, but $500/btc is certain. And as Nrcewker said that don't buy Bitcoin on coinbase again that so would only unnecessary cost, and to select an Exchange right. Come on! Preparing your spacesuit, see you next year at the moon! Title: Re: I just bought and why it's bad for you Post by: hopefull on September 29, 2014, 07:33:35 AM What a pig investment, are you kidding me, dumpage at every possible rise, you guys just lost another buyer and investor, go ahead and crash it, one thing I know is that it's not being accumulated by whales, it is beyond damage repair to have so many lose hope. An asset being accumulated goes up and up and charts look like PCLN or AAPL. I will be selling next week as Coinbase makes my buys available. And I thought $420 was good buy 3 days ago, now down almost another 20%.
Title: Re: I just bought and why it's bad for you Post by: inca on September 29, 2014, 07:35:09 AM What a pig investment, are you kidding me, dumpage at every possible rise, you guys just lost another buyer and investor, go ahead and crash it, one thing I know is that it's not being accumulated by whales, it is beyond damage repair to have so many lose hope. An asset being accumulated goes up and up and charts look like PCLN or AAPL. I will be selling next week as Coinbase makes my buys available. And I thought $420 was good buy 3 days ago, now down almost another 20%. Who praytell is buying every coin which is sold? Stop trolling pipsqueak. Title: Re: I just bought and why it's bad for you Post by: piramida on September 29, 2014, 07:41:16 AM For Europeans Kraken is much better. No annoying KYC (no it's none of your fucking business where the Bitcoins came from. Fuck you). Really? because when I tried it it allowed like 2BTC buy limit without verification. Title: Re: I just bought and why it's bad for you Post by: piramida on September 29, 2014, 07:42:44 AM you guys just lost another buyer and investor with balls these small, you probably should've never even started here. Title: Re: I just bought and why it's bad for you Post by: wachtwoord on September 29, 2014, 07:45:39 AM For Europeans Kraken is much better. No annoying KYC (no it's none of your fucking business where the Bitcoins came from. Fuck you). Really? because when I tried it it allowed like 2BTC buy limit without verification. Go check it out. They need some sort of verification for higher limits sure (id + utility bill). They don't ask for proof how you purchased your Bitcoins and the origin of that though (which is much much worse). Title: Re: I just bought and why it's bad for you Post by: vigsun on September 29, 2014, 10:03:02 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! Yes, luck is part of the strength. But, a good beginning is half the battle , this is where you make a mistake. In fact, Coinbase is not a true Exchange, it's a changer just like okpay, bitpay, egopay, etc. You buy bitcoins on Coinbase that itself cost your extra more fee, and you can't do some decent trading on it. The other hand, there is a tradition on Coinbase, do you know? Whenever there is a greater volatility in Bitcoin price, they will prohibit you buy/sell bitcoins on Coinbase, until the price recover smooth. Oh fuck, if it would not allow us doing business when the price changes, how to make money? So you want to make money with Bitcoin, firstly you have to choose a Bitcoin Exchange. Usually, Exchange charge fees 0.1% - 0.5%, but changers would charge a fee at least 1%, common 2%, even I had seen 7% on some changers. I suggest you go the following exchange: 1. LakeBTC https://www.lakebtc.com/, best for North American and China users, but more suitable for bulk trading, and it's difficult to ensure profits of retail trading users. 2. Bitstamp https://www.bitstamp.net/, best for Europe users, but their KYC verification is annoying and slightly higher fee compared to other exchanges. 3. Btc-e https://btc-e.com/, Except Bitcoin, if you want to trade another crypto-currency, btc-e is best. More Bitcoin Exchange list you can see here: https://bitcointalk.org/index.php?topic=695082.0 (https://bitcointalk.org/index.php?topic=695082.0) For Europeans Kraken is much better. No annoying KYC (no it's none of your fucking business where the Bitcoins came from. Fuck you). It seems that only Bitstamp requires you to provide proof of the source of funds, and ask you what are you going to do. In fact, if your trading volume within 30days is between $20,000 and $100,000, Bitstamp is more suitable for you. Alternatively, if your trading volume within 30days is over $500,000, you definitely want to choose LakeBTC for it is the lowest fee in this case. Except these two situations, Kraken has the most appropriate fee, and BTC-e' fee is constant for 0.2%, but the deposit/withdrawal fee is high. Reference: https://bitcointalk.org/index.php?topic=759699.0 https://bitcointalk.org/index.php?topic=695082.0 Title: Re: I just bought and why it's bad for you Post by: Bitcoin-Police on September 29, 2014, 10:09:42 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! TROLL-POTENTIAL = 100% Don't feed this troll. Title: Re: I just bought and why it's bad for you Post by: Febo on September 29, 2014, 02:22:30 PM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! You should try to earn most on poker, and put just few % in Bitcoin. Bitcoin is risky investment. Title: Re: I just bought and why it's bad for you Post by: TinaK on September 30, 2014, 01:59:57 AM Hello all, I have run so bad in finances that me having bought a large volume of bitcoins this entire week might doom you all. This is my first post so let me introduce myself, I am a construction bussiness owner that in the last 10 years has lost about 20 million in the stock market, I also lost roughly 7 million in my other hobby no limit poker. I am so unlucky that me using Coinbase this entire week to accumulate 500 Bitcoins can't be good, odds of me winning in this gamble are astronomically rare, just so you know my average has been $418 this week, I also own a small amount of bitcoin bought a few months ago at $644 and that didn't go well. Good luck and prove me wrong! Yes, luck is part of the strength. But, a good beginning is half the battle , this is where you make a mistake. In fact, Coinbase is not a true Exchange, it's a changer just like okpay, bitpay, egopay, etc. You buy bitcoins on Coinbase that itself cost your extra more fee, and you can't do some decent trading on it. The other hand, there is a tradition on Coinbase, do you know? Whenever there is a greater volatility in Bitcoin price, they will prohibit you buy/sell bitcoins on Coinbase, until the price recover smooth. Oh fuck, if it would not allow us doing business when the price changes, how to make money? So you want to make money with Bitcoin, firstly you have to choose a Bitcoin Exchange. Usually, Exchange charge fees 0.1% - 0.5%, but changers would charge a fee at least 1%, common 2%, even I had seen 7% on some changers. I suggest you go the following exchange: 1. LakeBTC https://www.lakebtc.com/, best for North American and China users, but more suitable for bulk trading, and it's difficult to ensure profits of retail trading users. 2. Bitstamp https://www.bitstamp.net/, best for Europe users, but their KYC verification is annoying and slightly higher fee compared to other exchanges. 3. Btc-e https://btc-e.com/, Except Bitcoin, if you want to trade another crypto-currency, btc-e is best. More Bitcoin Exchange list you can see here: https://bitcointalk.org/index.php?topic=695082.0 (https://bitcointalk.org/index.php?topic=695082.0) For Europeans Kraken is much better. No annoying KYC (no it's none of your fucking business where the Bitcoins came from. Fuck you). It seems that only Bitstamp requires you to provide proof of the source of funds, and ask you what are you going to do. In fact, if your trading volume within 30days is between $20,000 and $100,000, Bitstamp is more suitable for you. Alternatively, if your trading volume within 30days is over $500,000, you definitely want to choose LakeBTC for it is the lowest fee in this case. Except these two situations, Kraken has the most appropriate fee, and BTC-e' fee is constant for 0.2%, but the deposit/withdrawal fee is high. Reference: https://bitcointalk.org/index.php?topic=759699.0 https://bitcointalk.org/index.php?topic=695082.0 In a word, small trading to Kraken, medium trading to Bitstamp, large trading to LakeBTC, does it? Title: Re: I just bought and why it's bad for you Post by: vuduchyld on September 30, 2014, 03:33:26 AM I build senior housing complexes, they range from 7 to 40 million, obviously I have been fortunate in other aspects and it's not all bad. Here is my true unqualified look at what a pro trader would look at, obviously some here may not look at a weekly chart, but depending if look at a linear or non linear chart we are in a major downtrend chanel, we are half way to this last leg where if you draw lines it will lead you to upper 200 range, however that does not mean we will go that far, it might just as well stop here and we bounce to upper trend line of this downtrend which is mid 5xx. That's my dollar! You are trying to catch a falling knife. Look at the one-day chart. See if you can't get out at a face saving price on volatility. Don't ruin your life. Dude has already (allegedly) shitcanned $27 million. Hard to imagine he is ruining his life with $190K in BTC. Allegedly. |