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pretty bored, but also waiting impatiently for the price to rise once again. It would be the first time for me to make a lot of profit on bitcoin. Skyrocketing prices are definitely more exciting, but if you have big money invested, you definitely want to see slow, stable, sustainable growth instead. Maybe not the slow part, but the key is sustainable growth. Rapid price hikes are always followed by sharp corrections.
oh really? Tell me more about how facebook lost millions of users after having a growth spurt of a million new users a day in 2012. It's natural for a new technology to grow exponentially. I don't see the correlation between users (of a free service at that) and rapid price hikes. Were you trying to equate growth in user base to company value as refutation of the boom and bust cycle? If so, one has nothing to do with the other. |
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Sometimes you have neighborhoods that do unwanted noises. Could be musical instrument they are trying to learn, DIY constructions or pure noise. Maybe they could have address for tips for less noise.
How does it sound? Similar ideas?
It sounds like you are essentially paying them to not exercise their right to free speech. If people are making a lot of noise at late hours of the night you should simply ask them to quiet down and they most likely will make less noise. I do like the idea of giving people an incentive to meet certain standards via bitcoin, just not when "speech" is involved. People seem to get confused when it comes to 'the right to free speech.' That right is the right not to have the government makes laws restricting your speech. As a private citizen I can try to stifle your speech all I want. Not that I endorse the OPs very abusable idea. |
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The price probably all depends on how much they go for and what the person does with them. If he dumps them we could see trouble.
Buying and dumping makes no sense as he is selling such an amount that he is driving down the price as he sells and so will get much less than he paid. Unless 'his' plan is to drive down the price and then buy back in from the panicking "dumb money" and in the end driving the price back up. If that's the plan I'm all for it. I'll end up with more bitcoin (buying low) and the bitcoin will be stronger for having appeared to weather another storm. Maybe the winner bidder wont have any idea what he's doing? I'm sure whoever wins them though will probably be keeping them as an investment. It'd be hard to sell many of them straight away as the price will go down. While there may be some lottery winners that haven't managed to lose all of it yet, most people with that kind of coin know what they are doing. |
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The price probably all depends on how much they go for and what the person does with them. If he dumps them we could see trouble.
Buying and dumping makes no sense as he is selling such an amount that he is driving down the price as he sells and so will get much less than he paid. Unless 'his' plan is to drive down the price and then buy back in from the panicking "dumb money" and in the end driving the price back up. If that's the plan I'm all for it. I'll end up with more bitcoin (buying low) and the bitcoin will be stronger for having appeared to weather another storm. |
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You'll never go broke taking a profit. Greed is what tanks most investors. In the end it is not how much could you have potentially made (if you play that game you can make a fortune and still be miserable) but how much did you make. Anything to the plus is a win.
Buy some whenever it tanks, sell some during rallies (the standard buy low, sell high.) Never hurts to take a profit.
Define profit. For me more BTC is better than more FIAT. I only buy the dips, never sell for fiat but spend on goods or services. How is spending bitcoin on good/services different from selling it from fiat? Do you take into consideration the merchant't policy of converting their bitcoin into fiat? I generally buy and sell bitcoin in and out of Palladium, but that just took a dip I did not expect so if it doesn't correct in time I'll have to use something else when I shift some capital back into bitcoin after if it hits my floor. In the short term 1d, 1w, 1m, 3m, 6m, 9m USD is seriously outperforming bitcoin. I agree with you in long term principle but I have to go with short term realities in practice. |
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So in one of the threads i saw somebody worrying whether making money off of Bitcoin is ethical or not. Meanwhile here people are trying to figure out how to hide wealth from their spouses.  Different people having different opinions? How strange... |
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I'm not looking forward to what happens to the price after this auction. Look what happened just on the announcement.
After the auction, and something that can be touted as a resolution on 51% hashrate, the price will rally back over $600. I'm betting - literally - that the floor will be around $475. |
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i've never been hit by a meteor, and i don't care to have it done to me to see "what happens when it does." likewise, i don't want to put my penis on a mousetrap.
after all the second penis gets the cheese... |
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May I understand, why there is a panic of 51% hash rate reached, I still can't get the point.
Theoretically someone controlling a majority of the hashrate could manipulate the blockchain. This assumes of course that he/she/it was willing to crash the value of the bitcoin they own, and destroy both the investment in mining equipment and the earnings potential of them. |
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Interesting to think how this will affect bitcoin prices
On the open market.
First instinct is to say OMG they are making huge sells.
Second thought is, it's a private sale, and will be met with a private buy.
It won't touch the open market.
On the other hand, investors that buy their coins
from the FBI arguably would have done so on the open
market and driven price up more, so we'd miss that...
...but... Then again, buyers may get a discount because
buying these coins are a big pain and less anonymous,
So may attract additional dollars into bitcoin. Also it
may generate press and more investors.
overall, I'm not expecting any huge price moves when
The auction takes place.
The news drives the price down as investors - like me - sell in anticipation of the price dropping (self fulfilling prophecy) and when the sell off slows we buy back in and the price returns to normal or slightly higher. Same old same old. |
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Sadly there are a few ugly arrogant and dismissive characters on here happy to laugh and criticise other peoples choices and savings. But I warn you never judge a man until you've walked a mile in his shoes.
If you can't take criticism than leave the internet. FOREVER. I am a better person now, because I always took criticism seriously and not whine about how "ugly arrogant and dismissive" critics are.We judge you according to the information you provide. If you feel misjudged, because we don't have enough information about you, it is you fault. Thank you. I never understood how the person that went "There there. The world's unfair." was kinder than the person that said "You screwed up. Figure out what you did wrong. And start over." This philosophy of blaming everything but yourself that I see everywhere makes me so sad. There are so many stories of people overcoming having chronic migraines, being paraplegic and the like and still being able to craft successful thriving lives for themselves. Except that has absolutely zero relevance to the purpose of this thread. Which if I remember correctly was a call for a great big circle jerk of commiseration. I could not participate in that but I also felt it would be ethically objectionable for me not to try to help. You remember incorrectly or have a limited grasp of English interpretation. At no point was sympathy asked for nor sought. I just reread your opening post. You say you want to invest more in bitcoin but lost confidence because the price has dropped since your purchase. But you wish to hear stories from other people in the same boat. So you aren't looking for encouragement (or if you are it is in a very odd method) therefore what other opinion are we suppose to come to? You either want an 'oh me' party or bad advice. Regardless I'm wasting my time at this point and not adding any help veyond that long past given. So I give the last word if you need it. I've satisfied my duties. |
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Sadly there are a few ugly arrogant and dismissive characters on here happy to laugh and criticise other peoples choices and savings. But I warn you never judge a man until you've walked a mile in his shoes.
If you can't take criticism than leave the internet. FOREVER. I am a better person now, because I always took criticism seriously and not whine about how "ugly arrogant and dismissive" critics are.We judge you according to the information you provide. If you feel misjudged, because we don't have enough information about you, it is you fault. Thank you. I never understood how the person that went "There there. The world's unfair." was kinder than the person that said "You screwed up. Figure out what you did wrong. And start over." This philosophy of blaming everything but yourself that I see everywhere makes me so sad. There are so many stories of people overcoming having chronic migraines, being paraplegic and the like and still being able to craft successful thriving lives for themselves. Except that has absolutely zero relevance to the purpose of this thread. Which if I remember correctly was a call for a great big circle jerk of commiseration. I could not participate in that but I also felt it would be ethically objectionable for me not to try to help. |
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Sadly there are a few ugly arrogant and dismissive characters on here happy to laugh and criticise other peoples choices and savings. But I warn you never judge a man until you've walked a mile in his shoes.
If you can't take criticism than leave the internet. FOREVER. I am a better person now, because I always took criticism seriously and not whine about how "ugly arrogant and dismissive" critics are.We judge you according to the information you provide. If you feel misjudged, because we don't have enough information about you, it is you fault. Thank you. I never understood how the person that went "There there. The world's unfair." was kinder than the person that said "You screwed up. Figure out what you did wrong. And start over." This philosophy of blaming everything but yourself that I see everywhere makes me so sad. There are so many stories of people overcoming having chronic migraines, being paraplegic and the like and still being able to craft successful thriving lives for themselves. |
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You'll never go broke taking a profit. Greed is what tanks most investors. In the end it is not how much could you have potentially made (if you play that game you can make a fortune and still be miserable) but how much did you make. Anything to the plus is a win.
Buy some whenever it tanks, sell some during rallies (the standard buy low, sell high.) Never hurts to take a profit.
Define profit. For me more BTC is better than more FIAT. I only buy the dips, never sell for fiat but spend on goods or services. For me bitcoin isn't a religion. I need more than faith. While I agree with the philosophy behind it and am positively giddy with the potential positive effects it might bring, I still have to stick to the realities as I see them. And beyond that I ALWAYS take a 30% sell at 10x run up. That's just an anti-greed hard and fast rule for me, unless the sums involved are really minuscule. But that's just my personal rules. I sincerely hope you make a much greater ROI than I do. Because otherwise we went through the floor (although buying and selling on my floors and ceilings I conceivably could pass your holding strategy.) Regardless I prefer a conservative route. |
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I have a habit of switching to fiat, but I seem to be pretty terrible at trading so I don't know why I bother. I'm not at a loss yet but I would have been at a significant gain had of followed my instincts.
A friend of mine insists on holding, he can freely afford to hold as he got in cheap.
You'll never go broke taking a profit. Greed is what tanks most investors. In the end it is not how much could you have potentially made (if you play that game you can make a fortune and still be miserable) but how much did you make. Anything to the plus is a win. Buy some whenever it tanks, sell some during rallies (the standard buy low, sell high.) Never hurts to take a profit. |
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No, when it comes down to "Food on table" and "paying bills on time so I have electricity/water" bitcoin didn't exactly cross my mind at the time. I don't know why that's so difficult to understand.
So what is the plan? And I don't mean bitcoin related. How are going to increase your disposal income? Or are you content through inaction to perpetually scramble to feed yourself and pay your bills? Do you have a plan? A plan to make a plan? Or do you have your excuses all lined up? Yes, I'm in a pissy mood today. Doesn't change the truth at all. Pissy or not, I don't think this is the appropriate tone to take with anyone at all. I've never once raised my voice to another person here or in real life, and I don't think anyone else should. Opinions are like you know what. I have a plan, yes. I finally have pieces coming together, the larger part of the pie is making enough money on the side to get myself back on track. You don't have a single idea where I'm coming from, what I've been through and what I've had to sacrifice to have what little I have today. Saying "I'm pissy today" is just a cop out for being rude. And no, no excuses. I never once made any excuses where I am today is through no fault of my own. If you have a problem with that, or that's not good enough for you then I really don't care. I will apologize to the extent that I had confused you with an poster earlier in the post and so writing from the position of assuming the answers would be that he had no plan, no intention on making one and that 'the world' was responsible for his situation. The pissy comment was to say that I was not in a mood to sugar coat my words but the truth is what it is. I don't see honesty, even if it is harsh honesty to be rude, I see it to be constructive. I am truly glad that you have a plan and even more so that it appears to be working. " I never once made any excuses where I am today is through no fault of my own." however seems to be a mutually exclusive statement, unless that is not what you meant to write. |
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No, when it comes down to "Food on table" and "paying bills on time so I have electricity/water" bitcoin didn't exactly cross my mind at the time. I don't know why that's so difficult to understand.
So what is the plan? And I don't mean bitcoin related. How are going to increase your disposal income? Or are you content through inaction to perpetually scramble to feed yourself and pay your bills? Do you have a plan? A plan to make a plan? Or do you have your excuses all lined up? Yes, I'm in a pissy mood today. Doesn't change the truth at all. |
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