i know it is a stupid advise, but it worked for me when i was cought in situations like yours:
buy back half (or a third) now.
whatever you lose or win, it is only half as bad after you did it. it will make you feel more relaxed and you can wait for the other half for better prices.
in addition, i can only repeat what others wrote: never play with all your coins. put the larger part in ice-cold storage. play with the smaller part to satisfy your temptations/panics.
i keep 95% (cold) & 5 % (exchange). it´s still a thrill, but much less nerve wrecking.
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That's just wrong My train of thought went: Japanese tv? No, wrong colour arse! Australian, US... ....hold on a minute... that's a UK registration plate. OK, I admit it, it's a 'fellow' Brit! my first thought was 'Brit'. it just couldn´t be different...
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Sooooooooooo, if this shitcoin doesn't have fess, all is hunky dory!!!! And, of course, Chase gets to "print" as much of it as it likes!!! Gimme bitcoin man, anytime!!! The problem I see is, that big players will not invest in bitcoin. They will just rob it, rape it, colonized it, patent it,... Here's the interesting thing. One, a bank like Chase could make a coin more accessible to people than Bitcoin. However, if Chase makes a bitcoin clone, then that automatically legitimizes Bitcoin. No one can say Bitcoin has no value or utility. So its a positive and negative. Bitcoin would lose market share because many people dont care about autonomy, and actually feel safer using a traditional corporation. However, Bitcoin would be recognized as a viable alternative. i am sure when big companies create their own coin, approved by government, they will start a media campaign unloading tons of shit about bitcoin. people will not think it is the same technology, they will get told it is evil. big players are the biggest threat, let´s just hope they fail in the same way microsoft or apple or ibm failed when they wanted to implement their own internet protocol. hopefully they are all trying so eager to create their own coin that bitcoin stands out of the corporate coin zoo. all this talk about how decentralized and open source bitcoin is and that people would acknowledge this is misguided techie dream. we know that the arguments are correct, but the average dude is relying on the mainstream media shit. if facebook/google/amazon combined with a big bank, some mass media company and some G20 or WTO or even UN back-up come up with a clone it would take not long and "decentralized" would sound like "terrorism". as i said, hopefully those companies don´t succeed to form a coalition, hopefully they are too greedy and all try to create their own. they are tempted, since the company that rules the future corporate coin is literally ruling the economic future of the planet. i would really like to know what secret talks are held right now. we need strong pro-bitcoin lobbying, if price rises steep enough we will have funds to fight the media battle. people need to become educated about corporate coin being danger to their financial freedom. edit: typos
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if you ask your partner if you should have a decent fuck, wouldn´t you agree that one could think you are considering sex ?
The proper analogy is whether they should open up their relationship to include others. At least one of them is planning ahead of the possibility... my analogy sucks, my post was written in anger & i guess that never works well.
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so are we gonna wait after the price's 30 days avg above $1k then tickets will be for sale?
I think tickets go on sale when a payment and escrow tool is functional - one that demonstrates some neat features in Bitcoin. As the tickets will be 1XBT, you don't need to wait, you can buy a Bitcoin now, when they go on sale is not relevant, unless you want to pay in Fiat, in which case it won't be today's price but one that is over $1000. correct. good explanation, thx. ticket sale is about to be opened soon TM. we have furthermore prolonged the trigger period from 5 days to 30 days due to the incredible swings, frenzy run ups, panic sells, panic buys in the last few weeks and days. we kind of hope btc would need longer to climb back up, but the fkn coin just does not listen
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More idiot talk... Seriously... does anybody read the source in german? No .. then stop spreading this shit. It's about risk analysis and nothing more. And the target price has nothing to do with the swiss. That's max keisers imagination. @ knarzo: Are you swiss? No, then just shut the fuck up or learn german and read the proper sources. This news is not really news. The postulate was written on september 11 2013! It's really old news. And it has nothing to do with foreign reserve. " Der Bundesrat wird beauftragt, ergänzend zu den Punkten aus dem Postulat Schwaab 13.3687 „Die Risiken der Online-Währung Bitcoin evaluieren“ auch über die folgenden Fragen Bericht zu erstatten. Welche Chancen für den Finanzplatz Schweiz sieht der Bundesrat bei Bitcoin und vergleichbaren Online-Währungen? Was spricht aus Sicht des Bundesrats dagegen, dass Bitcoin und vergleichbare Online-Währungen grundsätzlich wie Fremdwährungen behandelt werden? Welche regulatorischen Instrumente hat der Bundesrat, um für Bitcoin und vergleichbare Online-Währungen Rechtssicherheit zu schaffen? Sofern regulatorische Anpassungen erforderlich sind, welche sind dies und wie sähe der zeitliche Ablauf bis zur Umsetzung aus? Wie der Bundesrat in seiner Antwort auf die Interpellation Kaufmann 13.3854 „Bitcoins und Geldwäschereigesetz“ schreibt, werfen Online-Währungen wie Bitcoin sowohl in wirtschaftlicher als auch regulatorischer und operationeller Hinsicht grundsätzliche Fragen auf. Sie sind rechtlich schwer fassbar, da sie dezentral organisiert sind und weder einen identifizierbaren Emittenten aufweisen, noch jemanden, der einen Wert garantiert. Möglicherweise könnten diese Fragen beantwortet werden, wenn klargestellt würde, dass Bitcoin und ähnliche elektronische Zahlungsmittel wie Fremdwährungen zu behandeln sind. Damit liesse sich Bitcoin im Kontext des GWG, KAG, MWSTG und anderer Gesetze einordnen und es würde Rechtssicherheit hergestellt." Read and unterstand! The problem is that most readers can't read that well german... It states: "Possibliy we could answer these questions, if bitcoin and other electronic payment methods are threated like foreign currencies." What has this to do with the swiss considering BTC as foreign reserve? WHAT THE FUCK??? READ IT! i did the fuck read it. and i don´t know why you getting so fucking exited about other people getting fucking exited about the fact that a swiss discussion about bitcoin is described in an article as "considering" for some people a real discussion fucking includes considering. if politicians ask the questions you quoted they are considering it, since they wouldn´t bother to ask this in the first place. if you ask your partner if you should have a decent fuck, wouldn´t you agree that one could think you are considering sex ?
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The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.
then why are you in BITCOIN FORUM? if you think bitcoin is a ponzi scheme... what are you doing here? Educating people and keep them from getting scammed. = trolling. you think insulting people is preventing them from it ? imagine a vw beetle forum. fans discussing about their favourite car. you would really take the effort writing 27 posts when you actually hate beetles ? tell those fans they are idiots? because you think it is an unsafe car ? what is fitting much better: you missed the opportunity to get your beetle for a decent price, not only once but constantly for the last few years. you´re butthurt. or on some banks payroll.
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there is your 911 porsche
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welcome fronti, im3w1l, arc45, Garr255, candoo and BazkieBumpercar ! over the last weekend we tried our best to take down bitcoin price in order for you guys to be able to purchase cheap coins (=tickets) ...
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I'm a little bit confused, how should I pay for the upcoming event?
ticket sale has not started yet. when ticket sales starts you will be able to purchase your ticket via the website https://btc1k.com/ bits-of-proof is implementing the ticket payment right now. we thought it could go online today, but some bug is preventing us from opening sales right now. this is the first time in history of bitcoin that a coloured coin implementation is set up for a real-life payment system. this is a new technical frontier and testing takes some days longer than expected. tamas blummer from bits-of-proof and his team are working on it full steam, they are even working with the core dev team to get it done. here is the post from tamas (grau) explaining what to expect: https://bitcointalk.org/index.php?topic=285771.msg3797420#msg3797420i have seen some of the testing and i was amazed. you have every reason to be confused since we had to postpone the ticket sale once before. we apologize for the inconvenience. on the other hand, postponing sales does not really hurt anyone, except ourselves. when ticket sale opens we will let you know.
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guaranteed
uh yeah I like that. So just let's make a deal. I stick all my money into btc. If it makes profit, you get half of it. (so at least 50%). If it loses money, you pay me 100% of the losses back. -> so you can only win how much are we talking about ? i´d consider such a bet, for real.
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when the average dude hears the words "dirty fiat" he imagines this: while a bitcoiner sees this...
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getting to bed in times like these is a topic all by itself. but what are you doing when you wake up ? and how does your partner react to it ? are we all nuts ?
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Looks familliar? :S
What the new data after 12 hours tells you, your graph does not fit so nicely now... +1 would someone be so kind and post the current graph ? bitcoin didn´t behave like textbook example chart ? what a bummer !
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Zur Zeit sind die Coins allerdings wirklich nur Zockergeld.Ich fürchte das bleibt auch noch ne Weile so da mittlerweile so immens viel Kohle im Spiel ist.
Immens viel? Also die 10 Milliarden ist doch nicht so immens viel. Ok für mich ist das viel und für die meisten Individuen hier auch, aber global gesehen ist das doch Finanzmässig nichts bzw nen Tropen auf einem heissen Stein. Wie hoch liegt denn das tägliche Handelsvolumen? Der gesamte Bitcoinwert (12 Mio. * 920$) von 11.04 Mrd. $ wird ja bestimmt nicht täglich gehandelt... nicht einmal annähernd 1 Million Coins werden täglich hin- und hergeschoben, oder? Das potential ist aber da, auch wenn nur ein zehntel oder auch nur 1% aller Bitcoins täglich über die Börsen wandern. Wenn sie nur oft genug wandern, ist der Gesamtumsatz nicht zu vernachlässigen. wenn sie so oft wandern wie ich mich fast hingerissen fühle zu kaufenverkaufen, zurückzukaufen/weiterzukaufen/panik verkaufenkaufen oder umgekehrt und das dreimal die stunde oder den ganzen tag, dann müssen wir uns keine sorgen über volumen machen... edit: typo
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Ok, I am all in, which means that we will probably crash. If I sell all out now, then we will rise. I am probably the best contrary indicator there is. you´re not alone, dude...
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I sold. For sure. Sold at $1107. Bought back in at $690. Missed the bottom in both directions, but was happy to get SIXTY PERCENT MORE coins than what I had on Friday! WooT!
Dude congratulations for being one of the smartest users on the forum. This is exactly what I've been trying to explain to them all along and there you come and prove me right! Thank you dude, thank you! And for those who think this is gambling...well for sure you don't know what you're talking about. Actually I would argue that holding your Bitcoins after the announcement would've been more gambling! you seem to be smart. so please tell me: is this a bull trap right now, should i sell now to buy back later and cheaper ? or is the btc going back to da moon for sure and i am missing the train if i don´t buy back now ? facts are known now: chinese news wasn´t actually that bad at all, more of a market panic. or did a lot of buyers lost faith now and this is just a dead cat bounce back ? op, let´s say you got 100 k on stake, what do you tell me to do. of course i will sue you if it doesn´t come out the way you advise me. (just to get you to a really serious advise.) if you have balls, please tell me.
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also ich hab mal ALLE Charts und Kommentare zum Kursverlauf der nächsten Tage zusammengefasst und mittels Superposition in einem Chart eingetragen. Es ergibt sich die allseits bekannte fu2-Hassknecht-Formation (lässt sich natürlich in brokervorschlag´s online lexikon nachschauen, die hat er nämlich massgeblich mit dem Papst 73 v. Chr. entwickelt) Grundsätzlich ist sie auf jede Situation anwendbar und da wir über btc reden endet sie immer in einem Ausbruch nach oben. sieht mir eher nach einer 5-finger turm formation aus.
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