Yes

Primarily treated legit customers like crap and took care of that guy before losing the payment processor.

Hey Terrobserverhasher,

I've grown accustomed to trolls and scammers over the years, dime a dozen online for sure. But I wonder what the point is. You're obviously a pretty smart guy, why not join the ranks of the non-trolls and do something productive/constructive with your life? In the end nobody is going to give a shit, whether you hoodwinked a bunch of strangers or not, you aren't going to make a decent living hustling people in the long run, all you are doing is finding some temporary fix for your ego and that isn't going to solve any of your problems aside from make you feel better until you have to do it all over again.

Ditch the self-induced mindfuck, grow up and learn to be a man. Do something worth remembering, be a decent human being and make the world a better place.

(I'm henceforth placing you on my ignore list, so no need to respond),

That's not free and he blatantly laundered money and was a fucking idiot. Fuck him.

*bingo

$800 is the new $6 mark (post $27 crash) and new $100 mark (post $270 crash)...  We could be stuck here for 1-18months (remember it took from June 2011 - Feb 2013 to hit $27 then break $20 barrier again....)

Why fella, me lad, i like the cut of your jib. 1BTC to the winner it is! Happy to consider both stamp and btce. (and even gox if you like just for the laugh!)

cards on the table, I agree there is certainly a chance of a crash, about as much as another runup imho. As you say though, whats unbearable is the boring sideways action. This is totally about tempting fate for me

See you on the other side!

If you take 1.0 BTC when its worth $80, is it proper to pay back 1.0btc, or $80?

i'm not trying to slag OP at all.  i'm just wondering what happens when someone steals bitcoin, and then pays it back at a later date.  

Never again I will ride a conventional bike... Been kickbiking for 2 years already and it's the second best thing after Bitcoin that has happened to me.

I bought several times on the way from $32 back down to $2. It was really difficult to convince my lizard brain that I was doing the right thing, because I just kept seeing loss after loss rack up on every trade.

I also had quite a lot of fiat tied up in orders from $2 all the way down to $0.05.

By traders logic pretty much every trade I made for 6 months solid made me a "fucking idiot" because I bought coins that I could have got for much cheaper if I'd waited. I also subsequently failed to deploy all my fiat at the bottom. I then had to buy coins for far more than $2 on the way back up. These hard lessons amongst others received trading a wide variety of other instruments, teach you what the reality of trading is. Every post you make (like the OP here) fills me with a kind of anti-nostalgia. Non-fondly remembering saying, doing, feeling all the things you describe. I know I can't (reliably enough to be consistently profitable) read the market. I know most people can't. Maybe you can though, props to you.

Over that six months, when the price just kept going down, there were countless people just like you. They all extolled the profitability of shorting, how stupid I was for buying, holding was foolish bitcoin was dying etc etc

There arguments were far more compelling then, you know before the US recognised it as a legitimate thing and China said that it was fine for people to have it, and also before major online retailers accepted it, and before it had a market cap in the billions. You could almost believe these people had a case for it going to zero. They were entitled to their opinions, and they certainly gave me pause for thought.

Now, 2 years on, people tell me how lucky I was. I'm not sure they understand risk.

You know what maybe I was lucky, I was lucky not to listen to all the trading "experts" and instead *invest* in a technology that I believed at the time would be a game changer. At the time it was harder to believe it, but I believed it. Thats also why it was cheaper. Thesedays its easier to believe, and as such is less risky, and as such is more expensive. The point that is lost on most people as that the high price is exactly the reason why it is lower risk, and not the contrary.

My assessment at the time was that it was a (very?) high risk investment, and so I didn't bet the farm, it didn't help I was on my ass at the time, but I knew to not buy any would be a big mistake. I'm not sure anyone at that time really considered that counter risk.

People still don't see/understand it to this day (not the people here on the whole, however 'bearish' they seem to be!). People are focused entirely on the possibility of losing their capital. They entirely ignore the fact that they might be *forced* to buy BTC later for much, much higher. These same people are quite happy to enter into negative EV situations in all sorts of ways.

It should be obvious that I am not saying you should bet the farm because DA MOON etc. You should look at how much you value that $100 though, what the chance of losing it all vs the chance of it becoming $1000 is, and how much you value that $1000. The chance of it becoming $10k how much you value that. This is all personal but give you a basic idea of your risk profile and thus how much as percentage of NW you are prepared to risk.

Of course I understand all of this has no bearing on trading, because you traders aren't in it for the big bucks. You are just riding the dopamine high in front of the oncoming train of despair. Thats a fact for ~99% of traders out there (how many traders are there? how many trading legends are there? do the math).

I thought you might be interested to know why I think HODL is better, what some of the though process is behind it (as opposed to it just being an idiotic meme thing to do - I do actually understand what I am doing and why I am doing it). My "enemy" is corruption, the abuse of capitalism etc random guys on the internet - not so much.

So you do whatever you wanna do, but whilst you might think I am "fucking idiot" for what I've done (or rather, not done), I think dismissing it as lucky is a bit puerile. I can assure you that I don't think you are  a "fucking idiot". I think what you are doing is crazy, misguided and delusional, but people do all sorts of crazy things, and who am I to say they *shouldn't*

My advice remains buy and hold. (for the longest time)

So you sold them at a loss? 

Are you going to lower the price now? They are 2.2BTC and the exchange rate is around 550 so they shouldn't cost you more than £1250

And as you know (unlike the other guy) there is no import duty on computer parts into the EU or UK

Also I am sure that you would get a discount from them as an official reseller so your markup is covered, so thats £1500 after tax, but no you are not doing the VAT thing so they are being shipped direct from China to the customer.. so I shouldn't pay much more than 10% or so than buying direct from www.bitmaintech.com, 10% is reasonable given the amount of work and effort you guys have put into the web site

Jesus, I guess Europe have to join forces with USA to be able to withhold such attack