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61  Economy / Speculation / Re: should i buy now 2/7/14 or wait a few days please help on: February 08, 2014, 07:05:24 PM


Because I want the market to prove to me that I am not going to piss my capital into some whale's private fucking yacht fund!



Well put! Yet if you hodl (Im getting sick of this word) this will never happen and the current price is good in the long term. At least I believe it will be.

If its a short term investment wait. If its a long term investment buy, store, and do not come back to this forum for another three years. The price may drop another hundred or two but all the energy/ time you would have spent watching the price will be worth the small loss in the big scale of things.
62  Economy / Economics / Re: Cult of hoarding on: February 03, 2014, 06:12:40 AM
Bitcoin will stop increasing in price by tenfold a year and people will start spending it. By that point just about everyone will except bitcoin and I will have enough bitcoin to retire on. So I guess Im hodling for life.
63  Economy / Speculation / Re: The age of KARHU begins....seek ye refuge in alms to the KARHU! on: January 25, 2014, 09:53:36 AM
I don't get this thread. Is this suppose to be funny?
64  Economy / Speculation / Re: why are we going down? on: January 23, 2014, 08:59:06 PM
Why are you wasting your time on alt coins?

Trade BTC to Doge and sell Doge after pump.
Better than hodling.

2 weeks, increased btc stash by 7 times. Hodling = stagnation

Sounds like gambling to me, you can have the same/better odds at any Bitcoin casino.  Remember a few decades ago people were making profits selling rocks?  Theres only a greater fool for so long...

who the hell is buying doge coin?
65  Economy / Speculation / Re: [POLL] - Predict Bitcoin's all time high on: January 23, 2014, 03:45:06 AM
I would wager that Bitcoin shall reach astronomical highs from here.....

.....but the question that interests me the most is how low is it going to go from here.

I dont want to buy $800 Bitcoins if they are going to be had for $400 at some point in future.




This is the question. Who knows?

We could see 400 coins by the 31st. If not, it will probably stay steady for a while. Some negative news such as a possible ban in our country or ? may bring it back down to 400 only to see it go back up. I don't see it dropping below 400 for more than an hour from here on out. Even on the worst news. This said, Im waiting for 600 coins before I buy back in.

I'm still confused as to why it went up so suddenly to 1200 in Nov. China was already aware of btc months before... I think more gradual upward curves are to come.
66  Economy / Speculation / Re: Daily USD/BTC - Most Accurate BTC-e predictions on: January 22, 2014, 04:06:18 AM
what is this?
67  Economy / Speculation / Re: FBI seized an extra 144000 on: January 18, 2014, 06:43:46 PM
people were speculating on what would happen to the price on the 30k now there is an extra 144k. seems they are smart enough not to dump it all. This could "legitimize the currency" as mentioned. The best bet would be to make purchases and then convert to fiat. Buy 10 14m dollar mansions in bitcoin than auction those off.
68  Economy / Speculation / FBI seized an extra 144000 on: January 18, 2014, 05:05:31 PM
144k stored on his fukin laptop:
http://www.reuters.com/article/2014/01/17/us-usa-bitcoin-forfeiture-idUSBREA0G1K920140117
69  Economy / Economics / Re: Buy or Wait? on: January 17, 2014, 12:12:06 AM
i suggest checking out some of these bitcoin reports from this guy's site: http://www.thebitcoinchannel.com/

he's been pretty much on the mark since i started watching since march/april. he's got good advice. personally i'd go in as soon as i could.

I checked this out and all I find is a news feed.
70  Economy / Speculation / Re: China has no plans to ban Bitcoin on: January 16, 2014, 03:53:25 PM
“we don’t want to suppress or discriminate against Bitcoin, we are simply saying it is not a currency”

LOL
71  Economy / Service Announcements / Re: hosting a btc classified site on: January 16, 2014, 02:49:43 AM
just an update. I am trying to sell some items to increase my coin supply. I'll keep adding here. Prices are fair and updated daily.
72  Economy / Service Announcements / hosting a btc classified site on: January 15, 2014, 08:04:51 AM
www.hoodun.com

Just a place to list things being sold for btc. I know it visually sucks but its functional. I will improve it with time. I have plenty of things in my garage that I will be adding to it.
73  Bitcoin / Bitcoin Discussion / Business Opportunities in btc on: January 14, 2014, 07:07:14 PM
This thread is dedicated to bitcoin business opportunities. What sort of businesses can be created to help the evolution of the coin?

atms
user friendly wallets (completely mindless interface)
bitcoin bank
merchant exchange software
bitcoin accounting software

Any other ideas?
74  Bitcoin / Bitcoin Discussion / Re: What are the chances BTC is replaced by something better soon? on: January 14, 2014, 06:47:47 PM
Bitcoin was first to market. It will take something to go seriously wrong with it for another coin to take number one spot.
Facebook, Google and so on are your examples.
It won't get replaced.

P.S. NXT sucks.

Facebook was not first. Friendster and Myspace were out long before it. Google was not first either, it was a fork of Lycos, Yahoo, etc.
75  Bitcoin / Bitcoin Discussion / Re: Gavin will visit the Council on Foreign Relations on: January 14, 2014, 06:43:40 PM



I do not see how sabotaging bitcoin itself could possibly work, and anyone who believes otherwise is underestimating the intelligence of this class of people who they dislike/fear so much.

Gavin is one of these people.
76  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2014, 08:01:31 PM
I dont know why noone is talking about this: http://techcitynews.com/2014/01/13/etoro-launches-bitcoin-trade/

Its a really big deal. Maybe people are somewhat numb after the Fortress announcement or something, but that is in the future. This is right now.

never heard of etoro

i never heard of it either but wtv its another bitcoin market, bullish news, the bottom target just moved up.



etoro is well respected in the forex trading world. I imagine this will have an impact on new investors entering into btc. 4 trades a day though is kind of crappy.
77  Economy / Speculation / Re: No coins and needing to buy back in on: January 13, 2014, 04:56:34 PM
I just bought 1 at 800 and I will be buying more after chillin out for a day or two and watching what happens. So far so good. Hopefully my measly 3500 investment (when done buying) will snowball into much more in the years to come.
78  Economy / Speculation / Re: No coins and needing to buy back in on: January 13, 2014, 06:30:52 AM
You should be able to get cheap coins this week. Buying power is out of fuel and the whole China situation will bring the price down.

I'm with you here. Im patiently waiting. One reason I think I will make a good trader is because I have the patience. We'll see.
79  Economy / Speculation / Re: No coins and needing to buy back in on: January 13, 2014, 06:28:16 AM
I've made some decent money playing the markets winning more than I lose but honestly isn't the best way to spend one's time.


It would be better to invest in some kind of business or skill that earns bitcoin and other alt coins. The demand is HUGE for anyone who wants to step into the game.

I understand what you are saying but I have been having a blast participating in this forum and daytrading all day while at my cubicle job at a biotech company.

I make guitars, so I am going to build a site that excepts bitcoin for my guitars. Any other business ideas that you can share? I cant think of anything though I know they are out there.
80  Economy / Speculation / Re: No coins and needing to buy back in on: January 11, 2014, 11:33:34 PM
I'm sure bears will jump in and scream that double-digits are not only possible but will come soon, don't believe them, they just want you to sell your coins so they can pick them up cheap.



So far listening to bears has cost me money. Not to blame, but I was heavily basing this last decision to sell on rptiella's comments. They seemed logical and he is longterm bullish, though very bearish this last week. I sold thinking any money I lose would be insurance for a price drop to 300 which is what a lot were saying a couple days ago.

Im going to wait for 950 again and then start buying in. My previous lesson was "never buy back in for more than you sold" and there is no reason to think we will go to Mars yet, with some of the uncertainty. Feb may be a different story. I think it was a month after silk road that the price went to the Moon...

I am a hodler by nature. I am just trying to get 10 coins but can only afford 5 at the moment so Im trying to speculate. As a result I may end up with 3 coins. Wish I had more I can risk losing, but that's the reality of situation. At least for the next few weeks.

One things for sure is that the lesson I have been learning on trading from this forum have far outweighed all the forex schools I completed in the past (forex trading without actually using real money). You cant beat the lessons learned when playing on the field with others and seeing what works and doesnt work for different people. So far I have learned that a bear attitude is a losing one. This is true in life as well.

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