Bitcoin Forum

Economy => Speculation => Topic started by: Bitcoin Swami on August 12, 2011, 05:08:31 AM



Title: I'm all in.
Post by: Bitcoin Swami on August 12, 2011, 05:08:31 AM
Not that much but I bought 80 bitcoins between 8 and 9 dollars. (thats all in to me)

Reasons.

1.  Most of the hackers probably sold off before fees kicked back in.

2.  I think the price will rise because of the conference.  I think you might think that too, which is another reason why I bought.

3.  I'm crazy and have had a few drinks. (dont listen to anything I type)

I also realize I could be wrong, but I"m going with my gut.  If I lose it all oh well. (you never lose until you sell)

remember kids never invest in something kooky unless you can't afford to lose it all.







Title: Re: I'm all in.
Post by: grod on August 12, 2011, 05:21:13 AM
I think the anticipated conference rise has already been priced in.  It got priced in during the spike from $7.5 to $12, in fact.

Good that someone is ballsy enough to invest.  I'm trying to be "all out", but just not managing to time the peaks.


Title: Re: I'm all in.
Post by: Bitcoin Swami on August 12, 2011, 05:38:01 AM
I think the anticipated conference rise has already been priced in.  It got priced in during the spike from $7.5 to $12, in fact.

Good that someone is ballsy enough to invest.  I'm trying to be "all out", but just not managing to time the peaks.


no people are waiting for the "weekend dip" to finially make their conclusions.

The runup from 7 to 12 was probably just one guy, bill gates or that guy from jersey shore flaunting his dollars.

Sorry I don't have any more money in there so I can buy your "all out" bucks. :(


Title: Re: I'm all in.
Post by: grod on August 12, 2011, 05:49:47 AM

Sorry I don't have any more money in there so I can buy your "all out" bucks. :(

You and all the other bulls, unfortunately.  I'd much rather sell at $30 than at $10.



Title: Re: I'm all in.
Post by: bitcon on August 17, 2011, 03:07:55 AM

Sorry I don't have any more money in there so I can buy your "all out" bucks. :(

You and all the other bulls, unfortunately.  I'd much rather sell at $30 than at $10.



might have to wait a while for that. time is money


Title: Re: I'm all in.
Post by: Keninishna on August 17, 2011, 10:22:01 AM
I think it'll be a ride for another year before it starts to stable out.


Title: Re: I'm all in.
Post by: xali on August 17, 2011, 06:16:18 PM
A ride upwards that is.


Title: Re: I'm all in.
Post by: Piper67 on August 17, 2011, 06:34:36 PM
I think it'll be a ride for another year before it starts to stable out.

I'm not sure it's in the nature of a deflationary currency to ever stable out... but its rate of appreciation versus fiat currencies might become a little bit more predictable.

Then again, look at gold  :D