It is so funny to see so many self proclaimed experts on the price not hitting an upwards price then to be proven wrong a week later.
It is also the same amount of funny when people pat themselves on the back for seeing the price hit what they predicted... I forsee BitCoins being worth more tomorrow than they were today!.. done .. lol! +1 Yeah, I think I under shot the 15th projection. We could easily hit $300 by tomorrow. This thing is going fucking vertical! |
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Damn... we might just hit $300 by tomorrow. There is just no resistance. My grandma just called me and now she wants to buy some BTC! lol
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for  lol! For the last 2 months I have been making cash deposits at Wal-Mart almost every other day. I know the whole staff on a first name basis. They think I am planning a trip to Sweden! lol! |
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Looks like I can put in my 2 weeks notice around mid-June. Thanks OP.  lol! We have reached the Bitcoin "hysteria" phase. |
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Where is the option for buying and selling constantly?
"I like to sell high and buy back higher!  " Option added lol |
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Bulls and bears are dead
2 new animals need to be picked
The way Bitcoin is going I vote for the cheetah for one.   haha +220 lol! I second this! |
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I just spent an hour and half on the highway stuck in snow, so forgive my repeating of old news....
HOLY CRAP! BIDS HIT 13.5MIL! HOLY CRAP! ASKS AT 35k! HOLY CRAAAAAAAAAAAAAAAAAAAAAAAAP.
Just a while longer and we'll be able to buy a few helicopters. I heard they don't get stuck in snow  Nope, and if you need a good pilot I might be able to help you out |
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Who said anything about banks? Gold, silver, oil, food, land, businesses, or whatever. It's simple: Bitcoin has a substantial chance of going to $0. You can very easily arrange other assets so that they do not have a substantial chance of falling very much at all. Even dollars in a wobbly bank + BTC, which is just about the worst possible diversification strategy, is nevertheless much safer than only BTC.
Diversification doesn't make you money, but it does help lock in your newfound wealth. This shouldn't be controversial as it's merely basic statistics that if you have $10 million and spread the risk around it reduces the chance you will ever not be a millionaire anymore. To me the value of being a multi-millionaire is not that much less than being a multi-billionaire. YMMV.
Ok ok. I will cash some out at $1000.00 and buy myself a brand new Ford Raptor pickup, a couple more AR-15s, a shit load more ammo and that AR-50 I have been looking at for awhile. Yes I am a redneck that was raised on a farm & ranch in the middle of no where. lol |
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What is the difference between being worth $1m and deciding to invest it all in BTC, and having a $1m of BTC and no other assets. Would you tell somebody worth $1m to invest it all in BTC? If so "I have business proposition for you ..."  lol! Name another investment that has performed as well as BTC in the past three months? So yes, yes I would!  |
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History will be written like this: First there was the Internet which gave people the freedom to share knowledge, then Google organized the internet so others could quickly find it, then Facebook connected people on an daily basis within their entire social network and finally Bitcoin freed people financially from the rule of corrupt banksters!
Google was not the first search engine. Facebook was not the first social network. Never said they where, only said the internet was first. They are the ones history will remember. Just as Bitcoin was not the first virtual currency. But it will be the one that goes down in the annals of history. |
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I never realized until now how Bitcoin would become spread out among the population. Weak hands will chicken out and dump their coins before the price really even gets going!
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So, are these all new buyers or just chumps who tried to ride a crash yesterday or last week panic buying back in? lol! I would say 50/50! |
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Holding but will be nervous if we go toward $1000 and will diversify a small percent of BTC.
Everyone should have a diversification plan. When you reach $1 million net worth, will you really keep ALL your money in BTC? Think about what percent you will diversify out on the way up, based on the famous Bitcoin assymetric bet (Hudreds of thousands of dollars per coin or more vs. $0).
For example, taking out 20% of your BTC at each order of magnitude increase and putting them into other assets might make sense.
Example: You invested $10,000. When you reach $100,000 you sell $20,000 worth and keep the rest. When the rest reaches $1,000,000 you sell $200,000 and keep the rest. Etc. Seems well balanced given the risks, and you will still be filthy rich if Bitcoin succeeds.
And you trust central banks not to confiscate your money either through direct acquisition or through "quantitative easing"?? |
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The bubble WILL pop today.
This growth is unsustainble and downright frightening
Look at the data! I hope more weak hands are separated from their coins! |
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* Viceroy asks while bowing at BitcoinTate How far can we go, sir? When will it crash, sir? Well my young apprentice, the farthest point we can observe is currently about 42 billion light years (the distance that light has been able to travel since the big bang began). So if we take that and put it on an exponential graph and then double our answer we might be close! As to a crash? What's a crash? I am sorry, I am not familiar with this term  |
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bitcoin shall henceforth be known a biebercoin
lol! Fuck no! |
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Why is it a bubble and not an unprecedented hyper-monetization event? The world has never seen anything like Bitcoin before. Don't be so sure you can compare it to tulips and houses. Try actually comparing the fundamentals of housing and tulips to bitcoins... You will realize how stupid you are being. +1 For the sexiest play on word by chick in Bitcoin that knows her shiit! lol! |
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When it reaches a $1million per coin, I will have lost 100's of millions in potential profits. suicide worthy?
Well, I think the tens of millions worth of BTC that I will still have will soothe the pain, as well as the millions that I took out on the way there...
What if it goes to $999,999 then fails catastrophically? What's your exit strategy? At that point I'll be millions richer.
Do you even know what risk is?
If it hits $999,999 I will have cashed a few out by then. lol! Yes I went all in and I realize I could lose it all. But I did not go into debt to buy BTC nor would I be completely broke at this point if it went to $0 (new contracts). And as far as risk goes, in my opinion the only true "security" and absolute "risk management" plan you will ever achieve is when your "6 ft' under and horizontal." Life is to short not to take some chances. |
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