Slowly but surely everyone is starting to figure it out. What's happening right now happened before in March. Almost identical charts. One more crazy run-the-train-of-its-rails rally is brewing. It's going to be epic.
If we go crazy from here (we are already well above/ahead of the long-term trend), the inevitable result is crash. That is the way turbulence works. This makes it relevant to try to estimate the top and the bottom. My take: - Top $2200, bottom $475. Before Christmas. Sounds good  I see a lot of controlled profit taking around $700 (stamp), and not a hint of fear/panic. Consolidation at $700? Will a big holder crap his pants and market sell a couple thousands of coins? Will a big investor do the opposite? Almost 50/50 chances for everything. Fasten your seat belts and place your bid and asks, gentlemen |
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And how that XRP investment went? Sorry, I cannot help it, I remember those summer debates we had My views on Ripple haven't changed at all. If anything, they have grown stronger. And yes I still hold XRP but that has little to do with my faith in Ripple as the payment network of the future. Ouch. Hope you bought those XRP with USD and not with BTC  |
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What's really going to matter for the rest of the franchises, is whether these participating Subways are seeing any significant revenue via Bitcoin.
You went finally all in? It was a neutral observation but yes, tis true. I have hung up my bear claws. Though I always kept some BTC, I could have had more. Working on correcting that as we speak. What can I say...I was wrong. And how that XRP investment went? Sorry, I cannot help it, I remember those summer debates we had |
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What's really going to matter for the rest of the franchises, is whether these participating Subways are seeing any significant revenue via Bitcoin.
You went finally all in? |
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Very happy to see the volume rising. Will get my verification done and go ahead |
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Any particular reason why the bitcoin price would surge due to merchant adoption? Let's all be honest with each other, bitcoin is still hard as fuck to use for the average person when buying something. Couple that with the volatility and there's just no incentive for anyone to use bitcoin over dollars.
All it would achieve is bring in more speculators who want in on the craze because they think they might make some profit. Yes that might surge the price temporarily, but it would drop just as fast as soon as everyone realizes everyone else is just here to make profits.
Are you frozenlock or why you have his image? He is definitely not Frozenlock. I have no idea why he stole his image, or why we have not heard from Frozen for quite a while. I would speculate Frozen never bought back in after the April correction, since he said he was not holding through the fall again, and was expecting prices to fall much further than they did. This guy who stole his avatar said in a post he only got into BTC this year. He is not, much different type of thinking and writing yea. I think he bought back, at least he said he ended daytrading cause this fucked him up.Nice stories, but either he told you them privately or you are making them up: https://bitcointalk.org/index.php?action=profile;u=13296;sa=showPostsHe didn't tell me. I am thinking that he learnt some things in the meantime like not daytrading if you suck at it and not going against the strong trend for too long. Yep, you might "be thinking", but he never said "he quit daytrading cause this fucked him up", at least in these forums |
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I heard there was a 96% drop in 2011 also, and those who bought anywhere near the high didnt see their money for two years. You cant deny that bitcoin is a high risk investment. Anything can happen So in a worst case scenario I want my funds to at least maintain the same order of magnitude, and I want enough funds to be able to take significant margin positions on a crapload on coins during volatility to make some of it back. This is what I mean by a hedge.
You "heard"? I'd look at the charts before even trying to trade in the BTC market  |
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Any particular reason why the bitcoin price would surge due to merchant adoption? Let's all be honest with each other, bitcoin is still hard as fuck to use for the average person when buying something. Couple that with the volatility and there's just no incentive for anyone to use bitcoin over dollars.
All it would achieve is bring in more speculators who want in on the craze because they think they might make some profit. Yes that might surge the price temporarily, but it would drop just as fast as soon as everyone realizes everyone else is just here to make profits.
Are you frozenlock or why you have his image? He is definitely not Frozenlock. I have no idea why he stole his image, or why we have not heard from Frozen for quite a while. I would speculate Frozen never bought back in after the April correction, since he said he was not holding through the fall again, and was expecting prices to fall much further than they did. This guy who stole his avatar said in a post he only got into BTC this year. He is not, much different type of thinking and writing yea. I think he bought back, at least he said he ended daytrading cause this fucked him up. Nice stories, but either he told you them privately or you are making them up: https://bitcointalk.org/index.php?action=profile;u=13296;sa=showPosts |
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this thread is such a bearish indicator it hurts.
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i love this thread.
this thread will end up being living history depicting the mighty rise and fall of Bitcoin |
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Wtf is going on here. The chart looks unnatural like nothing ive ever seen even in bitcoin. When do I sell? I sold just 20% of my coins yesterday as a hedge and on bitfinex I can I have a loss of several grand. Its bugging me out.
I thought you the unassailable king of the day traders who never made a loss? Schadenfreude and tea for breakfast...sorry I almost never make a loss in FIAT but this is a loss of coins. In bitfinex I'm "shorting" against my own coins so I get to see the amount of fiat value that the "trade" is losing versus if I had just held. However, my total account balance is increasing faster than the "loss". I should have just transferred to my exchange wallet and did a normal sell so it wouldn't be so painful. Making a profit in FIAT is trivial and obvious when trading an asset that constantly grows as BTC, just look at the all time graph. If you are losing coins then your doing bad - very bad. You'd be better by holding. |
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...as soon as everyone realizes everyone else is just here to make profits.
I think pretty much everybody already realized that. |
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$750 (Stamp) getting closer. It could be a nice battle, bears seem to have more ammo in the frontlines |
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mi sento di dire che tra forzare un utente a seguire complicate (per lui) procedure di sicurezza che non capisce e fargli seguire un processo meno rigoroso ma pił alla sua portata, il secondo approccio risulta pił efficace.  |
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Since 0.8x I have the corrupt db (and thus forced rescan) each time that my computer powers off due to battery/electrical failure.
Wtogami: try to power off your computer without shuttind down Bitcoin-QT, the db will probably be damaged.
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I was once told I looked liked Pamela Anderson. Not sure if they were serious or not. That was before two children though! LOL We need to see |
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Pics or it didn't happen.
Guess she's gonna have to repost...  I perfectly remember her first post. "Im a housewife and I buy Bitcoin" Epic. It could be as epic as this one, some day |
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How do you think you will get richer against us? You ask because you haven't set eyes on her pic, yet. You wouldn't if not. Pics or it didn't happen. |
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You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.
I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!
How many coins did you cash out in total? Just over 1800. Edit: that's all I've ever had which includes spending at SpendBitcoins. How are you planning to withdraw it from Gox though? Gonna take the 5% extortion fee? That can't be helped. I may as well tell you, it's almost over now. I have several family members receiving from accounts I helped them make. They will receive the funds and transfer to me slowly. The extortion fee isn't as bad as the tax will be. There is limit $10k USD/ month at gox. -> $500k is 50 man-months :-) (if any) That's right. That's why you need family or really, really close friends. Really? Did they changed that recently? When I traded on Gox trusted status (apostilled docs) got you $100k daily for a max. of $500k monthly. |
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rampion,
you abhor debt, but at the same time are dumbfounded why he would sell off his bitcoins so that he can get out of debt.
I sold hundreds of bitcoins back in march/april to eliminate myself of debt, and i regret NOTHING.
I see, its just that it takes a while to me to understand because i've NEVER been in debt in my life. NEVER. In debt or held a debt? Don't they have credit cards in Transylvania? Yes they have, but I never use them for my personal expenses, I use debit cards. Why I shouldnt use the money I already have, instead of the one that I *might* have in the future? Good to have them in case there is an emergency, but why using them systematically and recurrently? Its plain retarded in my book. |
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