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1641  Economy / Speculation / 3 important graphs everyone should see on: May 05, 2014, 11:33:33 PM


i might not even be trolling.
1642  Economy / Speculation / Re: why's the price going down again? is it the China 'tards dumping again? on: May 02, 2014, 10:00:40 PM
...
If I hadn't vowed to myself to stop trading with leverage, I would short Bitcoin right now at $450. A few more days perhaps of Bitstamp circlejerk trade volume and then down we go.

thats encouraging then Wink
1643  Economy / Speculation / Re: China Financial Summit will be held in Beijing on May 14 and 15 in Beijing on: May 01, 2014, 10:02:04 PM
Without some lines on a chart, I just can't make head nor tail of this news!
1644  Economy / Speculation / Re: Bitcoin Doomsday Defect white paper Review on: May 01, 2014, 08:58:49 PM
My review of the Bitcoin Doomsday Defect white paper will be posted here.

The seminal discovery of this defect has profound implications for all cryptocurrencies.

what the hell are my eyes even reading. my brain has gone on strike in protest.
1645  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: May 01, 2014, 05:25:20 PM
I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

The funny thing is we are super conservative in most things.  Never gamble, don't even drink and I don't think I have ever even seen a "crack pipe" and as far as investing in anything, I am super cheap. (BitchicksHusband is not as cheap and likes nice vacations as well as "quality" over quantity)  That said, I think taking this much risk in Bitcoin would seem out of our character from an outsider's point of view.  It is just that we believe in it that much.  Part of "faith" is being certain of things you hope for.  We are actually fairly certain at this point that Bitcoin will at least have another rally, or two or three.  I think we really feel like there is little risk vs. reward here. Wink And if the worst thing that happens with buying more coin this past month is that the kids miss out on a Summer trip to Disney World, oh well.  It is hot and humid in the Summer there anyways!   Cheesy

I agree that its fairly certain that holding BTC for the long term is savvy move. The rewards will take car of themselves. The risk however I think is something you have to actively manage. I agree no holiday to Disneyland is not a bad thing, even though I'm probably more like your husband as I like a nice thing or two (I stick to the small luxuries though, nice food & drink etc). Over time I've come to see value in ensuring I don't (year again) end up in financial ruin - even if that means sacrificing a percentage of potential future returns.

I say all this with the warmest of hearts, purely from a place of concern for my fellow man (and chick). I'd hate to see that one in a million failure scenario wipe *anyone* out least of all you guys.

Who knows 10 years time we might all meet up in Risto's castle, I'll bring my bitchick and chicklets, and laugh at how I ever doubted it Wink

The only thing our investments will wipe out at this point is BitchicksHusband's early retirement plan, our trip to Disney World, and extra funds for my mission trip to India in the fall.  We haven't mortgaged the house or anything really crazy.  Wink  Pretty much life will be as boring as usual if Bitcoin fails.   Cheesy

Thats reassuring Smiley good advice to anyone else reading...

I'm in a similar boat - by design - BTC @ zero wouldnt hurt me really (apart from emotionally!). I'm just lucky that I have ended up with a fair amount dollar wise invested in BTC already. Feels a bit like I'm cheating as I already broke even (and some).

Even though selling up and moving on would give me a nice chunk of cash, its cash I never had so I wouldn't miss it. It's better off sat there. All the while I just continue to work (not too had hard mind), save and see if I can make it the old fashioned way Smiley

1646  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: May 01, 2014, 04:51:02 PM
I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

The funny thing is we are super conservative in most things.  Never gamble, don't even drink and I don't think I have ever even seen a "crack pipe" and as far as investing in anything, I am super cheap. (BitchicksHusband is not as cheap and likes nice vacations as well as "quality" over quantity)  That said, I think taking this much risk in Bitcoin would seem out of our character from an outsider's point of view.  It is just that we believe in it that much.  Part of "faith" is being certain of things you hope for.  We are actually fairly certain at this point that Bitcoin will at least have another rally, or two or three.  I think we really feel like there is little risk vs. reward here. Wink And if the worst thing that happens with buying more coin this past month is that the kids miss out on a Summer trip to Disney World, oh well.  It is hot and humid in the Summer there anyways!   Cheesy

I agree that its fairly certain that holding BTC for the long term is savvy move. The rewards will take car of themselves. The risk however I think is something you have to actively manage. I agree no holiday to Disneyland is not a bad thing, even though I'm probably more like your husband as I like a nice thing or two (I stick to the small luxuries though, nice food & drink etc). Over time I've come to see value in ensuring I don't (year again) end up in financial ruin - even if that means sacrificing a percentage of potential future returns.

I say all this with the warmest of hearts, purely from a place of concern for my fellow man (and chick). I'd hate to see that one in a million failure scenario wipe *anyone* out least of all you guys.

Who knows 10 years time we might all meet up in Risto's castle, I'll bring my bitchick and chicklets, and laugh at how I ever doubted it Wink
1647  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: May 01, 2014, 03:56:12 PM
I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink
1648  Economy / Speculation / My First Bitcoin Spam, early adoption indeed! on: May 01, 2014, 02:18:07 PM
This is so cute. I'm sure these lessons will be of great value to me and everyone here Wink

So if we are starting to see these kind of spam emails, does that mean we truly are in early adoption phase? Its just really hard to think you are when you have been in the game for 3 years already and already seen 100,000% price increase....

(note mods, im not advertising or endorsing this at all! there is no link - just gently teasing Mr Flynn)



Quote
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1649  Economy / Games and rounds / Re: 2014 USD/mBTC Price Prediction Contest on: May 01, 2014, 02:11:55 PM
Just a quick reminder for all you TA buffs out there that are convinced that it gives you an edge, you have 4 more days to enter, beat me and prove me wrong (my entries are pure probability based), and also take money off of Risto!

What more could any bitcointalk resident want Wink

Prize pool is currently worth $565.
1650  Bitcoin / Mining speculation / Re: $30,000 on mining or spent on buying coins? on: April 30, 2014, 10:24:35 PM
Quote from: w00tcoin link=topic=577323.msg6466773#msg6466773
You have never been in a fist fight in your life.

I guarantee you ... you wouldn't talk to me like that face to face.

I am done with this thread.  You are a keyboard warrior who has never, ever punched someone in the face before.

Obligatory: do you even lift?

FOR REPS!


srsly though. mining is tough, i bought because the BTC i used were effectively 'free'. I still somewhat regret as I'll likely never get those BTC back. if you have USD to invest in bitcoin, best bet is to buy BTC with them
1651  Bitcoin / Mining speculation / Re: How much Have you Spent on Bitcoin Mining | Discussion on: April 30, 2014, 10:00:51 PM
I was late to the 60GH BFL party so by the time I got that I was never gonna ROI.

Then I didn't learn my lesson, and signed up for a monarch (within a day or so of it being announced). My logic was, that this time, I was right at the front of the queue! Though that doesn't seem to be helping that much Smiley

I hedged my bets on a batch 2 neptune from KNC... this also is taking its time.

Still, one way of looking at it, is the BTC i spent was already negative cost basis, so it was all "free", I'll just not have as much BTC when the dust settles as if I'd just held... but then that seems to be a common theme.
1652  Economy / Speculation / Re: Bank of China & China Construction Bank announces bitcoin ban today 4/30/14 on: April 30, 2014, 05:30:01 PM
The next alt!

BANcoin

It is full of win o/
1653  Economy / Speculation / Re: Bloomberg's trading terminals now providing Bitcoin pricing (4/30/2014) on: April 30, 2014, 05:25:46 PM
omg this is terrible FUD. doesn't even mention china once. selling everything.
1654  Bitcoin / Mining speculation / Re: How much Have you Spent on Bitcoin Mining | Discussion on: April 30, 2014, 01:48:20 PM
only ~$20k in terms of USD, however I paid for it all in BTC... so it actually cost me 75BTC.

about 80% of it (by GH/s) is still "in the mail".

Total return about 3.5 BTC to date.

WINNING!

1655  Economy / Speculation / Re: Bank of China & China Construction Bank announces bitcoin ban today 4/30/14 on: April 30, 2014, 11:04:40 AM
damn. this is bad news. I'm running out of things to short sell.
1656  Economy / Games and rounds / Re: 2014 USD/mBTC Price Prediction Contest on: April 30, 2014, 11:01:32 AM
Sgbett, can you be the "guardian of the empty prediction sheet" so that if someone wants it, you can provide it?

I am difficult to reach for a few days now. (Yeahyeah I've said that before..)

yeah of course. if anyone having trouble with link then pm me your email and ill send you direct
1657  Economy / Games and rounds / Re: 2014 USD/mBTC Price Prediction Contest on: April 30, 2014, 09:50:11 AM
Me too
1658  Economy / Games and rounds / Re: 2014 USD/mBTC Price Prediction Contest on: April 29, 2014, 04:36:09 PM
entered. paid. and going out on a limb and submitting now even though price could double between now and 5th may Wink
1659  Economy / Speculation / Re: 4/29/14 2 more Chinese banks/payment services bans all btc related accounts on: April 29, 2014, 04:31:57 PM
im so afraid of this news that I have shorted all the bitcoins, by leveraging my alt coin holdings.
1660  Economy / Speculation / Re: I give up on: April 29, 2014, 02:56:27 PM
https://www.youtube.com/watch?v=4Ux2txZxoVA

https://www.youtube.com/watch?v=uiCRZLr9oRw
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