Like many others I'm very tempted to order a batch 3, but it would use up almost all of my BTC... I expect BTC to rise a lot more in the months it will take for the machine to arrive... so is that a reason to order or not? If it goes up a lot and I keep the BTC they will be worth a lot more, but if it goes up a lot and I've spent the BTC on the miner then the miner will be worth a lot more too!
I'm leaning away from the purchase because I've never done any mining before and I'm bit nervous about working out how to get it running...
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Interesting, I've thought (as most probably have) that one of bitcoin's functions is as a 'tech stock', but never that it is purely a stock. I think it ends up being a matter of semantics, yours is a valid description and is true, but things are named according to their use. E.g. A wooden table is just a flat piece of wood, it could be referred to as 'firewood', which it is, but we call it based on what it's used for. So ultimately it depends on what bitcoin ends up being used for. Right now its used as a currency and a stock, and I'll propose that it will be for most of it's existence. But it's use as a currency is using it as a stock, as you say, and I agree, so both 'currency' and 'stock' are true, but more accuracy can be obtained by using both. I use it as a tech stock and occasionally as a currency. That just makes more sense than saying "I bought a book with some bitcion shares"... because you don't buy books with shares.
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but you cant smoke bitcoin
You could always set fire to your computer and inhale the fumes.
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I reckon we'll bust into the $90s then slow down and fall back into the $70s all within 1 week then stay around there a few days before making another rally up to $100 which we will break next week in spectacular fashion.
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Tomorrow there's a good chance I'd say.
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Is this still open and is the reward still 2BTC?
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lol, loving the 01001100101's
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BIN lowered to 10BTC
Open to offers of 5btc or above.
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BIN 5 BTC (or $365)
Payment methods accepted: BTC, LTC, Paypal.
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Take that offer of $325, cause that domain is worth about $56 and anyone biding over that is insane. Take the money and RUN!
Thanks for the advice, but I disagree.
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Current highest offer of 5 BTC was at $65 ($325 total). BIN in USD is $1500 Thought I would clarify that as BTC price refuses to stay put!
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I've made a greedy trade which cost me 5btc at $24, which could be classed as a "panic sell". My stupid logic was as follows:
1. I'm so sure BTC will rise a lot very soon, therefore I must get more BTC, at all costs!
2. I have no fiat to buy more BTC. I only have BTC.
3. I must quickly sell some BTC, even though I am sure it's about to go up, in the delusional hope that it will go down and then up.
Luckily I only sold a small amount and bought back in quickly. I was actually physically ill at the time which compromised my judgement but I'm not making the same mistake again! Just posting this in case it spares some other rookie trader from doing the same thing... (Apart from this, rest of my judgements have been pretty good though!)
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An offer of 5BTC has already been received, so no offers below that please.
PM me your offers and/or post them here.
BIN 25 BTC
Payment accepted: BTC, LTC, Paypal.
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It's difficult in the UK too, unless you want to pay marked up prices on localbitcoins.com... a proper UK exchange is sorely needed!
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Yes, I would hope that by now you've learned to hold on to them - that sounds like the lesson to me! But still you've done pretty well by it so no need to have regrets.
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btc-e does seem to go down quite a lot but the last 48 hours have been fine for me. I've bought LTC there with BTC, it's really easy, but I don't know about ways to by ltc with fiat.
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I'd wait a week or so as I expect there to be another 'fall back' into the $40s from this new all time high.
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I'm an ideological dreamer who believes cryptocurrncy is the future and will succeed because it MUST! I bought into BTC at $14 and $24 plus I have some LTC.
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