Bitcoin Forum

Economy => Speculation => Topic started by: boounce on February 13, 2013, 03:40:30 PM



Title: Yeah. Im in the money!
Post by: boounce on February 13, 2013, 03:40:30 PM
I purchased a few bitcoins for $25 each before the crash.   I'm officially up!  Now... if I could only find that private key...


Title: Re: Yeah. Im in the money!
Post by: paulie_w on February 13, 2013, 03:49:09 PM
a problem i guess many will have.

i wonder how many coins will be "lost" from people buying during the last (only?!) bubble and then formatting their computer, etc.


Title: Re: Yeah. Im in the money!
Post by: RodeoX on February 13, 2013, 04:05:14 PM
You were always in the money bro.  ;)

( Not sure WTF that means, but it seemed like something.  ??? )


Title: Re: Yeah. Im in the money!
Post by: kakobrekla on February 13, 2013, 05:14:21 PM
I purchased a few bitcoins for $25 each before the crash.   I'm officially up!  Now... if I could only find that private key...

Luke, is that you?


Title: Re: Yeah. Im in the money!
Post by: evolve on February 13, 2013, 08:40:48 PM
If I were you, I'd cash out now before you get left holding the bag...again.


Title: Re: Yeah. Im in the money!
Post by: ajk on February 13, 2013, 09:15:48 PM
If I were you, I'd cash out now before you get left holding the bag...again.

Ya man cash out... Honestly what bag are you talking about? you mean the huge bag of money that bitcoins turn into from just holding them?

seriously, where did you sell that you are so sad that you cant buy back in lower


Title: Re: Yeah. Im in the money!
Post by: evolve on February 13, 2013, 09:36:21 PM
I bought and sold all the way up and down the first bubble, through the stagnation around $5 (with my bot), and have been buying and selling all the way up this bubble (profiting the entire time)...thanks for your concern though.  ::)

I watched a lot of people buying in at $20-$30 last time; a lot of them were stuck with BTC they could barely give away a month later when they hit $1.98.  I'm hoping that people learn from their mistakes from last time and don't get caught up in the hype.  Someone needs to provide a counter-point to all the madness that people are spouting on the forum lately.


Title: Re: Yeah. Im in the money!
Post by: Crypt_Current on February 13, 2013, 09:36:41 PM
If I were you, I'd cash out now before you get left holding the bag...again.

Ya man cash out... Honestly what bag are you talking about? you mean the huge bag of money that bitcoins turn into from just holding them?

seriously, where did you sell that you are so sad that you cant buy back in lower

+1

Like I'm sayin' ... this evolve guy is all over the place lately with some rather bizarre nonsense.  Methinks he's highly butthurt about something.  Or really fucking bored.


Title: Re: Yeah. Im in the money!
Post by: ajk on February 13, 2013, 09:41:29 PM
Ya why do I not believe you evolve?

I know many day traders and guess what they are all mostly awful at trading or have track records sub 50-60% correct in trading decisions, I can safely say that I do not waste my time day trading at all and have made 1100% since my initial investment,

also hows your zombie fund going? i would equate that to a tin can in front of a homeless person, maybe ill be kind and throw in .2 bitcents in there for you

spread all the fud you want, you look moronic saying hey sell all bitcoins right now! it only has been doing amazing this past year and right now is definitely the time to sell, Despite that others are selling 50K coins at a time and its not moving the market at all, selling anything under 1k is definitely a smart idea

your fighting for the wrong side, so the only explanations are 1, You suck at trading and only have lost money with bitcoin hence why you hate it so much , or 2. You want more coins at a cheaper price spreading fud like this,



Title: Re: Yeah. Im in the money!
Post by: Spaceman_Spiff on February 13, 2013, 09:42:35 PM
If I were you, I'd cash out now before you get left holding the bag...again.

Ya man cash out... Honestly what bag are you talking about? you mean the huge bag of money that bitcoins turn into from just holding them?

seriously, where did you sell that you are so sad that you cant buy back in lower

+1

Like I'm sayin' ... this evolve guy is all over the place lately with some rather bizarre nonsense.  Methinks he's highly butthurt about something.  Or really fucking bored.

He is just bearish, good to have some opposing views on the forum.


Title: Re: Yeah. Im in the money!
Post by: meowmeowbrowncow on February 13, 2013, 09:58:20 PM
I bought and sold all the way up and down the first bubble, through the stagnation around $5 (with my bot), and have been buying and selling all the way up this bubble (profiting the entire time)...thanks for your concern though.  ::)

I watched a lot of people buying in at $20-$30 last time; a lot of them were stuck with BTC they could barely give away a month later when they hit $1.98.  I'm hoping that people learn from their mistakes from last time and don't get caught up in the hype.  Someone needs to provide a counter-point to all the madness that people are spouting on the forum lately.

+1

http://cdn.memegenerator.net/instances/400x/34801443.jpg


Why does no one listen to this guy???!


Title: Re: Yeah. Im in the money!
Post by: humanitee on February 13, 2013, 10:11:00 PM
I bought and sold all the way up and down the first bubble, through the stagnation around $5 (with my bot), and have been buying and selling all the way up this bubble (profiting the entire time)...thanks for your concern though.  ::)

I watched a lot of people buying in at $20-$30 last time; a lot of them were stuck with BTC they could barely give away a month later when they hit $1.98.  I'm hoping that people learn from their mistakes from last time and don't get caught up in the hype.  Someone needs to provide a counter-point to all the madness that people are spouting on the forum lately.

+1

http://cdn.memegenerator.net/instances/400x/34801443.jpg


Why does no one listen to this guy???!

Because he's not right.
Every site I frequent for Bitcoin news is absolutely slammed with new users. Coinbase just reported they don't have enough to cover potential buyers. There is no giant ponzi scheme this time around, there is no hack of Gox, there's no bad news.
Take this guy's advice with a huge grain of salt. You could get burned really, really badly! When Bitcoin reaches critical mass, do you think it will just go up a dollar every month real casual-like?
Hell-to-the-fuck no.


Title: Re: Yeah. Im in the money!
Post by: Vandroiy on February 13, 2013, 10:22:07 PM
I bought and sold all the way up and down the first bubble, through the stagnation around $5 (with my bot), and have been buying and selling all the way up this bubble (profiting the entire time)...thanks for your concern though.  ::)

I watched a lot of people buying in at $20-$30 last time; a lot of them were stuck with BTC they could barely give away a month later when they hit $1.98.  I'm hoping that people learn from their mistakes from last time and don't get caught up in the hype.  Someone needs to provide a counter-point to all the madness that people are spouting on the forum lately.

Yep, and thanks for helping out. I appreciate it and feel the same way. The current rally is overheated and the discussions more of a mania than a calm exchange of opinion.

With reasonable expectations and patience, Bitcoin speculation can be interesting and profitable. But I'd prefer it not as a get-rich-quick scheme that works by randomly driving price to the moon. (Just so that everyone changes their minds and panic sells moments later.) That's not the point of speculation in the first place; it's supposed to make prices stable, not draw diagonal lines in time or jump 'em around Super Mario style!

Also, the nonsense level lately is annoying.


Title: Re: Yeah. Im in the money!
Post by: humanitee on February 13, 2013, 10:26:23 PM
Bears talk so much shit but cannot produce a single, substantial reason why the price should go down - other than the fact it went up.


Title: Re: Yeah. Im in the money!
Post by: humanitee on February 13, 2013, 10:35:17 PM
If everyone hoards, who gives a shit? What is the difference between saving and hoarding?

I started listing what you listed to make comments on, and everything was "good." How is porn bad? That's perfectly legal. How does terrorism even factor in here? Or drugs? Oh wait, that can be lumped into "GOVERNMENT."

The only two I would agree with you on are:
1) Government
2) Too hard to obtain (hoping more places like Coinbase spring up for higher volume)

However, these two things have always been the case. If anything, it's easier to get into Bitcoin than it was a year ago.


Title: Re: Yeah. Im in the money!
Post by: ajk on February 13, 2013, 10:57:19 PM
also want to add to humanitees post and say that terrorism cant even stop bitcoins, matter of fact it drove the price up

if i remember correctly anonymous made a threat to romney to release his tax forms if they werent sent 1.0M USD in bitcoins,

I remember that day clearly


Title: Re: Yeah. Im in the money!
Post by: ajk on February 13, 2013, 11:16:44 PM
it was just the closest example in relation to BTC, sure i wouldnt say it is terrorism either but still it made the price go up not down and it was a "threat" against a presidential candidate


Title: Re: Yeah. Im in the money!
Post by: Herodes on February 13, 2013, 11:51:58 PM
I purchased a few bitcoins for $25 each before the crash.   I'm officially up!  Now... if I could only find that private key...

There was never a doubt, only a matter of patience. 


Title: Re: Yeah. Im in the money!
Post by: BitcoinRate.com on February 14, 2013, 12:13:39 AM
Aaaaaandddd it's gone. You're out of the money again ;)


Title: Re: Yeah. Im in the money!
Post by: Spaceman_Spiff on February 14, 2013, 12:25:44 AM
http://cdn.memegenerator.net/instances/400x/31079751.jpg


Title: Re: Yeah. Im in the money!
Post by: evolve on February 14, 2013, 12:30:44 AM
Too bad no one told him to cash out before it was too late....

...Oh, wait.....

 ;D


Title: Re: Yeah. Im in the money!
Post by: Spaceman_Spiff on February 14, 2013, 12:33:08 AM
Too bad no one told him to cash out before it was too late....

...Oh, wait.....

 ;D

Meh, it ll go back up, just have some patience.  We were overheating.


Title: Re: Yeah. Im in the money!
Post by: evolve on February 14, 2013, 12:35:33 AM
Actually, I agree. I don't think we'll see a severe crash (down to singles) until we are past the all time high. 



Title: Re: Yeah. Im in the money!
Post by: Spaceman_Spiff on February 14, 2013, 12:56:40 AM
I don't think we'll jump right back though.  Some hot heads just got cooled.  Guess it will take people at least a week or so to recover from the cold splash.


Title: Re: Yeah. Im in the money!
Post by: evolve on February 14, 2013, 01:03:54 AM
Yeah, I think people will be a little shook and wait for the dust to clear to buy back in.

Actually, I jumped in too high in the correction (hoping for a quick profit) today, and got caught with my pants down.... ;D..... I figure I will just wait it out and take profits once we are back on track (I don't panic sell).

 


Title: Re: Yeah. Im in the money!
Post by: Spaceman_Spiff on February 14, 2013, 01:09:57 AM
Yeah, I think people will be a little shook and wait for the dust to clear to buy back in.

Actually, I jumped in too high in the correction (hoping for a quick profit) today, and got caught with my pants down.... ;D..... I figure I will just wait it out and take profits once we are back on track (I don't panic sell).

 

You were hoping to frontrun a dead cat bounce?


Title: Re: Yeah. Im in the money!
Post by: evolve on February 14, 2013, 01:15:26 AM
Most of my profits since the price raised from single digits have been from jumping in and out during corrections.  Its somewhat risky, but as long as you set clear entry and exit points (and avoid emotional trading) it seems to work fine as a trading strategy...at least for me.

Then again, I'm trading an amount of money that I don't need or care about (I considered it "lost" when I first bought in a couple of years ago) so I have a fairly large tolerance for risk.


Title: Re: Yeah. Im in the money!
Post by: BitcoinRate.com on February 14, 2013, 01:19:17 AM
And almost back in the money again.... gotta love bitcoin!


Title: Re: Yeah. Im in the money!
Post by: ajk on February 14, 2013, 01:20:51 AM
Evolve yo uwere right for about a whole 10 seconds,

with this rate we should blast past 26.30, where we settle who knows but in the end Im confident we willbe higher than we are now,



Title: Re: Yeah. Im in the money!
Post by: evolve on February 14, 2013, 01:28:54 AM
If you read a few posts above you, you'd see I agree (to a point).

I think we will beat the all time high before we see a major crash....which is why I am still daytrading/swingtrading, and will be up until the high 20's.(and then I'm out until after the crash)


Title: Re: Yeah. Im in the money!
Post by: ajk on February 14, 2013, 01:33:01 AM
slowclap.jpg


Title: Re: Yeah. Im in the money!
Post by: Spaceman_Spiff on February 14, 2013, 02:27:36 AM
I don't think we'll jump right back though.  Some hot heads just got cooled.  Guess it will take people at least a week or so to recover from the cold splash.

Wow, guess who was wrong.


Title: Re: Yeah. Im in the money!
Post by: evolve on February 14, 2013, 02:29:25 AM
Hahaha, yeah you and me both!! I definitely didnt expect it to bounce back this quick...  (not that I'm complaining ;D)


Title: Re: Yeah. Im in the money!
Post by: herzmeister on February 14, 2013, 09:27:32 AM
slowclap.jpg

.gif !!!1!  >:(