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That's a good target for my load
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I like how people try to compare human emotions to chart patterns making it seem like there is a set cycle that repeats itself.
I'm sure the news from China was planned exactly to come out at the right time to make the chart resemble the one from April.
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IT DID NOT COME OUT TODAY... this was said a few days before when everything was all lovely and dandy and people had the moon reflecting on their eyes. Don't let this comment delude you from the terrible news from China, that news was a blow in the gut to bitcoin commerce. A huge blow, since one of the reasons the price increased so much is because of how involved China was. Everyone expected them to be the forefront to embrace this technology, now it is the opposite. So stop being delusional... With that said, his statement is probably still valid. All we need is to reach a market cap of $400billion which is possible if scumbag banks and governments don't try to ban bitcoin from all the major countries. I'm really hoping for America to step up their involvement with bitcoin that surpasses China. |
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When I wake up tomorrow morning, the price BETTER be at least $2000/BTC and $150/LTC or someone in this forum is getting their ass kicked. I'm not even kidding. Everyone buy so prices go up. I'm still waiting for teh moon, so fucking tired of the earth.
stretch your investment longer than a period of a year or two and you'll be a winner If I was a bear, I would buy a bitcoin and hibernate for 6 months hoping to wake up rich. But too bad i'm an impatient human |
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When I wake up tomorrow morning, the price BETTER be at least $2000/BTC and $150/LTC or someone in this forum is getting their ass kicked. I'm not even kidding. Everyone buy so prices go up. I'm still waiting for teh moon, so fucking tired of the earth.
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And you know this because you watch him every time he jerks off, that's why you're so detailed with his masturbation routine and let me guess, you masturbate along with him too?
you're a disgusting scum
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I'm seriously gonna catch one of these with a net and keep it for myself as a toy or sell it on ebay
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Lol Edward is pissed that he actually had BTC back in 2011..... and he's still at a loss! fucking LOL to you my friend
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What does that idiot mean "as much as $98,500"? Is that like the highest it can go? It can just as easily go "as much as" $400,000 too if it goes in the 5-6 figure range.
No one, especially wall street (who are still afraid to jump into bitcoin and act like it's a stock), knows where the price is going. But there is no limit for bitcoin until it replaces all other liquid wealth.
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It was fun being bullish for the last few weeks, being surrounded by so much enthusiasm and having high hopes of BTC going to the moon. It was fun believing for a second that we may finally be a part of the wealthy elite thanks to believing in bitcoins early on. But looks like our dreams are coming to an end, at least for now. BTC and LTC is going down HARD. Once that dreaded China rumor turns out to be true, it will go down even faster... probably back to around $200 or less in the next few days/weeks (which is not unusual at all for bitcoin, people seem to forget how incredibly volatile this is). 55 LTC and 15 BTC losing value like it's nothing.... my entire life savings is going down the drain right in front of my eyes.
If you posted this in 2010 I would have agreed with you. Back then, BTC was just a speculative bit of fun. Today its serious business with major players and new ones discovering Bitcoin every day. The day of $100 BTC is well & truly over and will never return again. Let the sellers sell and go invest in something more 'stable' like Apple stock. Let them make their miniscule profits & losses. Bitcoin is changing the worlds money system and you can come along for the ride & long-term make some massive profits, or you can sit back in a world of regret & tell your grandkids one day how you once bought Bitcoin for $1000 but sold out because it dropped $100. As for me, Im holding, & am off to email some oil sheiks in Arabia to tell them about Bitcoin.  I like you, oldtimer dude, if you would have bought in when i told you with your $1M (last crash to $650) you would have made a killing when it went back to 900+. life doesnt give you many second chances. if i had a bitcoin for every time i've lost faith in this market i'd have all the coins. this market never ceases to suprise me. it will get back to $1000. maybe not this year, but it will recover.
Then I would have held on to make more money and watch it crash again. It's around $630 right now... good time for you to buy  |
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Looks like OP sold off his 10 Bitcoins that he bought at ~$650 for $900, thus "trying" to spread panic to buy evern lower.
Nope, I bought more since then and i'm gonna hold them as long as I can It was fun believing for a second that we may finally be a part of the wealthy elite thanks to believing in bitcoins early on...
Chuckle. Weren't you the one who borrowed $1m from your dad and intended to put it into bitcoin without telling him? Newsflash, kid: you ARE the wealthy elite. (apologies if that was someone else...lol) And newsflash, just because your parents have money doesn't mean you do. Are you really that naive (rhetorical question)? If you have access to someone handing you a $1m, you ARE indeed the wealthy elite, regardless of your particular net worth. Talented entrepreneurs, who think deeply for themselves, aren't fickle and reactionary, develop real skills, execute products, etc, etc, struggle to raise $50k in seed money for promising ventures. Your dad handed you $1m to "invest". You have access to incredible advantages in life (which is fine - a huge incentive for people to get rich is to give a better life to their kids, so I'm not making a social-justice argument here). The fact that you thought better of using your dad's money (without his knowledge, no less) on bitcoin at least shows *some* inkling of maturity developing. But your increasingly fickle posts about bitcoin indicate that you lack any depth or conviction at the moment. I suggest you work to rectify that. Think hard. Intellectually investigate all avenues and potentials. Really understand what you're doing. As I noted, you have access to easy capital that few do. I hope you become able to rationally take advantage of it. i believe what he meant that even if your parents are rich, it's not always the case that he's living a rich life. He's probably living by himself, trying to make his own fortune with his own work and money. Maybe he lived through hardship while trying to make it. Not all rich parents buy you a nice home, a car and a monthly income. Absolutely. And not all rich parents hand obviously fickle children $1m to invest. Edit: I'm obviously being overly harsh. Just bugs me when people don't recognize the great opportunities/advantages they have, and/or lack any ability to think for themselves and execute on them (as is evidenced by OP's "to-the-moon" --> "the sky is falling" flip-flopping). What flip-flopping are you talking about? I still think bitcoin is headed "to the moon" in the long run. But then again what do I know. |
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It was fun believing for a second that we may finally be a part of the wealthy elite thanks to believing in bitcoins early on...
Chuckle. Weren't you the one who borrowed $1m from your dad and intended to put it into bitcoin without telling him? Newsflash, kid: you ARE the wealthy elite. (apologies if that was someone else...lol) I didn't do it, I realized I was blinded by greed and hype and I was not thinking much about the consequences. I can afford to risk my own money on something like this but not my dad's. I would be crying right now if I did. And newsflash, just because your parents have money doesn't mean you do. It was fun being bullish for the last few weeks, being surrounded by so much enthusiasm and having high hopes of BTC going to the moon. It was fun believing for a second that we may finally be a part of the wealthy elite thanks to believing in bitcoins early on. But looks like our dreams are coming to an end, at least for now. BTC and LTC is going down HARD. Once that dreaded China rumor turns out to be true, it will go down even faster... probably back to around $200 or less in the next few days/weeks (which is not unusual at all for bitcoin, people seem to forget how incredibly volatile this is). 55 LTC and 15 BTC losing value like it's nothing.... my entire life savings is going down the drain right in front of my eyes.
Looks like I have to continue giving handjobs for a living and get back into putting up my services in the "Casual Encounters" section of craigslist. Thanks guys. We're done. Finished.
not serious, can't wait for 2014, china showed us the potentail for bitcoin, btc will be big in USA in 2014 when wallstreet and other huge players get in
Never listen to the Bitcoin nutters! I don't, but I am also a Johnny come lately to BTC speculation (been buying xtc and dmt with $10 BTC on the darkweb for yonks though), and if I paid the slightest bit of heed to the hoards of reactionary drunk on avarice idiots on Bitcoin forums, I would most likely be joining you down the local park lavatories, giving out handjobs at £10 per go. Don't don't don't and do not ever listen to the raging Bitcoin fundamentalists on this or any other forum! Last night, I read some post somewhere 'predicting' the price to rise 'now that its Monday and fresh money can get into the exchanges'. I thought about challenging this particular nutter on this completely unfounded assumption but I just didn't have the energy. There is too many of them and they call the tune on the forums across the internet, although not on the Bitcoin exchanges themselves, where it really matters. On that note however, don't delude yourself into thinking Bitcoin is going down the tubes. It isn't. Save for an 'event' it is here to stay. Even if this China drama drives it down to $100 (I don't personally believe this btw), Bitcoin will remain and be utilised as an important and useful tool to many people who will be willing to keep pumping liquidity into it. My brother dived into Bitcoin at the near top of the April 2013 bubble. He ended up selling at some point in the bear trend that succeeded it, and made a 60% loss. Had he just held until even now, post Nov/Dec double top, he still would have quadruppled his money within the space of 8 months....not fkn bad going really! I have no intention of selling, I would be feeling really good right now if we weren't going through a huge bear phase but oh well. I still don't think bad news from one country will affect bitcoin forever. The only way BTC will completely go down the drain is if everyone gets rid of it or if there's a fundamental flaw or bug in the bitcoin protocol that we have not seen yet. |
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It was fun being bullish for the last few weeks, being surrounded by so much enthusiasm and having high hopes of BTC going to the moon. It was fun believing for a second that we may finally be a part of the wealthy elite thanks to believing in bitcoins early on. But looks like our dreams are coming to an end, at least for now. BTC and LTC is going down HARD. Once that dreaded China rumor turns out to be true, it will go down even faster... probably back to around $200 or less in the next few days/weeks (which is not unusual at all for bitcoin, people seem to forget how incredibly volatile this is). 55 LTC and 15 BTC losing value like it's nothing.... my entire life savings is going down the drain right in front of my eyes.
Looks like I have to continue giving handjobs for a living and get back into putting up my services in the "Casual Encounters" section of craigslist. Thanks guys. We're done. Finished.
not serious, can't wait for 2014, china showed us the potentail for bitcoin, btc will be big in USA in 2014 when wallstreet and other huge players get in
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NOW is the test to see if you have balls of steel  |
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Wow... every time I buy BTC the prices goes DOWN the next day.
Bought in for the first time at $670..... price went down to $550 the next day
Bought some 2 weeks ago at $770..... went down the next day to sub $500s
Bought some yesterday for $880...... goes down today at $750
Bought LTC for the first time yesterday for $31...... now it's around $28... Fuck
I mean I'm not scared (yet) and I'm sure it will all rise... but damn, I seem to bring bad luck. Could have saved a lot of money if I only waited a day.
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Why the hell would you sell right now? That would be stupid
I bought a few more BTC and i'm converting some to LTC... I HAVE BALLS
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Or just buy LTC directly?
I'm a complete noob, I have some BTC in Coinbase. Please tell me the easiest way to convert some of it into LTC or how to just buy LTC directly
Oh and I heard BTC-E charges a lot for transfers. I would prefer a method where I don't have to register to another exchange and wait 5+ days to be verified.
Please respond
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Bump...
Any more insight on litecoins?
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Do I buy it now or wait for the price to drop a little?
I'm thinking of buying now...it was around $41 but now it's at $29... I'm pretty sure it'll at least go back to $41 sometime soon. Mt. Gox is about to open up their platform for people to trade LTC too. And I'm sure Coinbase will open up their service for Litecoin too, maybe not soon but definitely sometime since the creator of Litecoin works at Coinbase. I can exchange one bitcoin for a bunch of LTC right, I think i'll do that today or tomorrow. Invest into Diamond - DMD Litecoin is hard to get such a high price PS: I own several hundred Litecoin already You're the 2nd person to mention DMD in this thread... can you tell me more about it or show me where to get info? I think I want to invest in LTC and one or 2 other atl coins too. Namecoin sounds pretty interesting. Your saying about MT GOX and coinbase adding LTC soon, how soon do you reckon? Thanks Mt gox -- maybe soon, i'll have to find the source of where I heard this. Coinbase -- no idea. I think for now they are focused on bitcoin and making it simple for the common person to use, and this is something bitcoin desperately needs. I think they are gonna wait on litecoin to not confuse people It needs some merchants behind it. It will keep rising as Bitcoin rises and people jump onto the 'next best currency'.
This pretty much. I can't see it getting anywhere close to Bitcoin in value without any merchants accepting it. I've heard almost nothing about Litecoin in the media, and even when I have it's only a tiny passing reference. And that is exactly why I want to invest. If you keep hearing about it, it's likely you missed the boat and missed out on crazy insane returns. Bitcoin is the first cryptocurrency the world has ever seen and the media/public is barely able to understand it as it is. Litecoin and alt coins is a whole another level of confusion. Even people who know how to buy bitcoin might not know how to buy alt coins. When that changes wouldn't the prices rise a lot? And about merchant adoption, litecoin is basically a copy of bitcoin, as bitcoin paves the way for cryptocurrency adoption and builds the infrastructure, it won't be any issue to start accepting litecoin as well. But since right now it at such an early stage is the main reason I would want to invest in it. |
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