And lattes!  |
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everyone is selling if you don't do it you will lose everything after the final capitulation
I am not selling so your "everyone" theory is shot to shit. And you don't "lose everything" after a capitulation, you lose during. Get your shit straight scammer. LOL, falllling is not a scammer, he's just a harmless troll. and a broken record at that. but i'm interested since you are of the Spartan mindset. would you go down with the ship? or is there a price where you'd pack it up and go home? I'm tied to the mast. YARR. |
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It is a threat to bitcoin. But it will get the great unwashed used to the concept of using their phone as a wallet. It could end up bringing more users into the bitcoinsphere.
+1 insightful, instead of knee jerk reactionary groupthink. |
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Hope nobody's going to fall for Apple shit.
reality bites! Firstly, I don't think bitcoin is going away long term. Short term though, stuff like this must slow adoption. Bitcoin 'solves' a bunch of problems. Practical money transmission issues centred on convenience as well as issues surrounding the nature of centralised fiat currency. Pretending that the whole world cares about the second set is delusional, mostly people care about the first. Mostly people aren't even aware of the second. If you're sample is "people on bitcointalk" you are doing it wrong. All ideology aside, practically day to day even I still care most about the first set, and I'm totally up to speed with the second set! I'll undoubtedly 'fall for Apple shit' because right now, most of my life still centres around taking part in today's fiat based economy paying for stuff with fiat currency and only occasionally converting money to and from bitcoin to buy/sell/hold. Why wouldn't I take advantage of something that makes it easier to use my fiat. If the risk to fiat is it becomes worthless, then why do i care if it is worthless in a jar, a bank or my iPhone? At that point my BTC bails me out. Take a reality check sometime, bitcoin is coming yes, but in the meantime there is a lot of stuff to play out with the current system. It's not going to collapse overnight, not anytime soon. +1 to the echo chamber comment. |
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Its coming alright, I've just been forced to sell a chunk due to a mild cash-flow crisis  |
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I confess I misrepresented my position.
I just averaged out, end ended up with a figure. The figure makes it look 'easy' for me.
Purchase price should be what you are happy to pay, your sell price should be what you are happy to receive.
All the prices in between are just noise
To be clear I hAve X bitcoin, do I buy or sell?
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I remain long with an average purchase price of about -$300 should I sell ?
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I was just thinking that what this thread needs is more profanity to increase its legitimacy.
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hi, I invested a lot at the beginning of this year thinking bitcoin would have risen again as usual, I bought many btc when it was 830 and some after when it was 660. I waited for the pump but things are getting bad. I am wo4ried. I am 26 yo I am not rich and I invested a lot of my savings. I can live without, ok, but they were my savings. What should I do now? is this the end? Will bitcoin rise again at least until 830?
Write the money off, all of it. Every time you buy anything thats what you should do. Once you have done that you will be able to see clearly again. You will see that right now you have some bitcoin. It's up to you to decide how you feel about that bitcoin, but fixating on purchase price will only ever cloud your judgement. The market price is what people are prepared to pay you *right now* for your bitcoin, if you think they are worth less than market price then sell, if you think they are worth more than market price you should buy more! Market price is quite often the worst indicator of how much something is worth. |
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sorry guys i forgot to put numbers in this month. hopefully I'll survive! although with the bullishness of my previous guesses it might be tight!
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According to the bitcoin algorithm there is one fundamental driving bitcoin, Number of wallets as a ratio of population to gwp 7m users means 10k bubble with a 5k floor. Last bubble was 700k users at 1000 peak 500 floor Anyone else read it? www.bitcoinalgorithm.comI don't know where to start No I don't get tricked by infomercial scams I have 50 or more wallet addresses. Does that mean I account for 50 users? No, but are you suggesting that the dynamic is somehow different as things scale? It's all relative, infomercial or not. I'm not saying I agree with it, I'm saying that your argument does not prove it wrong. |
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Hashrate back to an all time high and distribution continues to look better. Great news everyday. Major retailers offering large discounts to get our bitcoin business. Former head of the U.S mint buying bitcoin..also accompanied by several billionaires and people continue to sell. wtf people  Next rise is going to burn a lot of "bears" its simply impatience. There's another thread asking why its taking so long. From July 2011 to November 2011 was a 6 month grind from 32 to 1.98. That was painful. But having the fortitude and patience to go to the beach or buy that dip yielded in the thousands of percent return. there will always be those in for the quick flip. It felt like insanity at the time. Not helped by the failure to deploy 700 bitcoinicabux before they got zhoutonged  It doesn't feel half as crazy this time really, (maybe if we went double digits it might) and I don't mind waiting. Having said that, 10k before year end would pay pretty big for me due to a speculative wager I made on bit bet a long time ago |
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Hehe so sinister. There are surely bad people I the world but I don't think there is quite so many as people sometimes think, and they generally aren't out and out evil, just selfish.
Selfish like they want more for themselves, not evil like they want everyone else to have nothing. Though I realise that philosophically they are two sides of the same coin.
England Scotland was just a vehicle, I don't really have any strong feelings either way. What's wierd was that it was in Scotland that it was happening, which is why it didn't make sense.
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Dream thread!
So I just woke up from a dream where i was on holiday in Scotland and had a bunch if Scottish bank notes. I was due to come back to England soon but it wasn't a problem because I knew I could use them (with the odd funny look) as normal.
Then a guy walks in and shouts "last call for notes" I didn't know what he was talking about, so I asked around and I was told it was the <strange dream word> of the scottish currency. I dunno what the word was but it meant they were getting rid of it and everyone had to swap their Scottish notes at the bank.
Then there was a bit of gathering and off it went to be swapped the dream petered out and I woke up.
I sat and thought about it for a whole and then had an epiphany
It's an extension to the idea that the govt is behind btc, and what happens to the USD in the end. I think the USD won't actually physically go away but instead it will one day become pegged to Bitcoin.
Say the fed gets hold of enough btc that they can peg 1usd to 1000 satoshi or something, they could easily cover all usd in circulation. They probably wouldn't stop there though, instead they would probably make sure they had plenty more in reserve (clue's in the name!).
The ins and outs are probably debatable but as a broad concept I think this is totally a way to effectively switch from USD to BTC without "breaking" money for the unwashed masses, and to also 'save' the dollar.
No dollar collapse, no forced switch, no tricky technology for people to learn, fed still owns pretty much all the money (because of course they are acquiring btc all the time cheaper than the eventual rate they will peg it at. They just need enought to make sure that all the people that get 'rich' in dollar terms in the way, don't end up that *relatively* rich when compared to the fed.)
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I bought a million doge. Not because I think they will be worth anything, but just because I wanted to have a million of them. I've put them in a nice bag. Should I have doubt?
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