Where art thou oh saviors of bitcoin?? I need some assurance!!  I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling? My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again  If its savings then presumably its money you dont need right now. Think of it as a savings plan with a 2-5 year lock in. Over this time frame if btc succeeds you'll be minted. Dont dont dont panic sell on the 1 st sign of a correction. Yup, I don't really need it right now and I wanted to take a chance of it growing in the next year or two. Thanks for the advice everyone. I wasn't planning to sell anyway. I'm in the new wave of BTC owners so this is my first "crash" but i've learned enough by now that this happens and a sure way to lose is to sell at a loss. I still have hopes of BTC reaching a new height in 2014. Thanks everyone for the reassurance Who are the "Winkelvass" twins?
Those russian twins from that movie The Social Network They're American, not Russian. |
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Well, people are still buying things with it. In fact, in the longrun I think you could probably argue that it is undervalued. The more and more merchants start accepting it the more valuable it will become. All it'll take is one big company to start accepting it and boom. Gradual or quick mainstream acceptance will push the price up vastly. Let's see what the price of 1BTC is and what it can get you in a years time. Only time will tell on this one. I'm looking forward to the ride.
No, it is not undervalued if the merchants don't accept it right now. Such mode of "reasoning" is called wishful thinking - "an attitude or belief that something you want to happen will happen though it may not happen or unlikely to happen at all". With such volatility I doubt strongly it will occur any time soon if ever ("one big company to start accepting it and boom")... But merchants do accept it. Such mode of "reasoning" is more optimism than wishful thinking. As I said, only time will tell and I'm enjoying the ride. |
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You can provide as much detail on your character as you wish, but without deals or transactions to back it up it's worthless. Also, being a Christian means nothing. Most of the evil and greed in this world is committed by Christians. You can quote altruistic passages from the bible all day, but I can also quote ones that sanction murder, genocide, rape and slavery, so please don't get your morality from these kind of books.
If you're serious about offering escrows, build up some rep by successfully selling stuff on the marketplace and doing trades yourself. Once people have done trades with you they will be more likely to use you in the future and may wish to use you as an escrow for a deal they are doing since they will know you are trustworthy.
Alright. Thanks for the reply. But calm down... I am not hoping that being a christian would help but it's just something about myself. I personally think that telling me these: sanction murder, genocide, rape and slavery will help me because Im not using my morality here, but it's just an overview of me... Thanks Fair enough. I'm just offering my opinion. There are lots of people who feel the same way as I do here. However, maybe there is somebody here who would like to deal with you based on your Christianity. However, I will say there have been a few scams where people have used their supposed religiosity as if to appear legitimate and trustworthy, so people are often sceptical of people who try to use religion as a character reference without anything else to back it up. Just my 0.02 BTC  |
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Actually i think that is fairly inevitable since bitcoin is far too overvalued currently.
A drop to more sane levels and trending steadily upwards afterwards via organic growth instead of speculation would be a lot healthier imho.
Overvalued in what way? It's only value is in what people are prepared to pay, Sounds like you just want to catch a cheap ride on the bitcoin train back up. Though what you say may look logical, this logic is still rather questionable. Overvalued means a bubble here, very simple to grasp really. Bubble means there is no real demand for Bitcoin, just speculative one. We can take a real estate bubble as an evident example where people would buy houses to only sell further at higher price, not for the sake of living in. It may actually turn out that 90% of Bitcoin price is pure speculation... Well, people are still buying things with it. In fact, in the longrun I think you could probably argue that it is undervalued. The more and more merchants start accepting it the more valuable it will become. All it'll take is one big company to start accepting it and boom. Gradual or quick mainstream acceptance will push the price up vastly. Let's see what the price of 1BTC is and what it can get you in a years time. Only time will tell on this one. I'm looking forward to the ride. |
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The OP hasn't been active for the last 24 hours or so and his twitter account is deleted. This thread was almost definitely a scam.
No shit. I bet he got at least some people to send him money too. |
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You can provide as much detail on your character as you wish, but without deals or transactions to back it up it's worthless. Also, being a Christian means nothing. Most of the evil and greed in this world is committed by Christians. You can quote altruistic passages from the bible all day, but I can also quote ones that sanction murder, genocide, rape and slavery, so please don't get your morality from these kind of books.
If you're serious about offering escrows, build up some rep by successfully selling stuff on the marketplace and doing trades yourself. Once people have done trades with you they will be more likely to use you in the future and may wish to use you as an escrow for a deal they are doing since they will know you are trustworthy.
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Stock markets and economies crash yet I don't hear them complaining about fiat currencies. So cryptos took a dive; they'll be back up soon.
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Just curious then,
Where do you see bitcoins in the next 2 years?
and
What is going to happen to the other currencies such as NMC and LTC?
Bitcoin will become worth a billion each. NMC and LTC will be worth millions each. Don't take investment tips from people on the internet. Any advice on the price will be pure speculation and probably biased. |
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surprise retracted, caught wind that theymos is spending $$$$$$$ on shiny new forum software, so expecting everything is gonna remain unfixed as not worth the bother until that rolls out.
Is there an ETA on that? |
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They're disabled, get over it.
Ha. There's always like 5 topics on the first page alone. Might be a good idea to sticky a topic: AVATARS ARE CURRENTLY DISABLED. |
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EDIT: fixed by creating that email.
Lol, was gonna suggest this. |
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I don't know why the forum or the markets crashed, but it was probably  |
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Where art thou oh saviors of bitcoin?? I need some assurance!! I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling? My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again If you sell now you will have definitely lost money. Ride it out. Only fools panic-sell. They are largely responsible for this 'crash'. |
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Corleone has finished the tattoo... and netted just over 0.6btc for the tattoo ...
How much did the tat cost? |
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We shouldn't be celebrating crony capitalism. Regulations and taxes that are selectively enforced against smaller competitors to the mega-corps are not better than regulations and taxes that apply to everyone.
Right, and the answer is to end the regulations and taxes. The problem with uneven oppression is not that certain people aren't oppressed enough. So you don't believe in taxes? Personally, I believe in a flat-tax; whether you earn £20k or £20 billion you pay the same percentage of tax. Successful people shouldn't be penalised for making money (anything over 50% is robbery), but the poor shouldn't be raped of the little they have either. I believe in taxes for building schools, roads and hospitals etc; not laundering tax-payers money into large corporations and the funding the war machine. |
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My guess is they searched for Nelson Mandela on google, and Freeman's picture came up because he played Mandela in Invictus.
Or it's just a joke. People always do it when somebody dies. 'RIP Heath Ledger' over an image of Jack Nicolson's Joker etc. I tried to find the image but failed, so this will have to do instead:  |
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Bitcoin is a decentralized digital currency. Did you like, not read the first line of Wikipedia and bitcoin.org?
Pay up, do you want your families photos on this forum? What? Clearly somebody is attempting to blackmail him for some reason. He's not responding anymore after I told him I would report to the police. Not much evidence at the moment, but they will be monitoring if he threatens me again. Obviously an alt-account...  Yeah, they usually do when they realise they might be going to jail haha. |
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I am enjoying the discussion about butt-sex  Too bad, I'm not a talker A talker or a taker?  |
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Has anyone noticed any trends in altcoin values as a result of the big drop yesterday and today? Often these huge corrections in markets shake out the weaker players, the pretenders, those with weak fundamentals. I'm looking to see if particular altcoins have dropped a lot, or if some seem really strong.
They all took an almost equal hit because of morons panic selling: http://coinmarketcap.com/They're all down between 30-50%. Ironically, Stablecoin remained stable. |
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