I told you so.
Lol "bitcoin foundation" member... go fuck yourself |
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I have about 10 million MEOW in cryptsy.... is there any way I can get it out or is it too late?
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Why do you consistently do this? Is someone paying you, or is this mental illness?
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How do you call bitcoin as shitcoin when you are bitcoin foundation lifetime member?
Bitcoin foundation is a joke, just like op |
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You encouraged us to sell when the price was $260.... now it's at $440 so... anything you say is mute
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It's great that the difficulty is going up to the highest levels ever, but don't forget that we have been sitting at around $220-$250 for a very long time. And at that time the difficulty was also increasing, not as much as now, but it was increasing. This price gives miners more reason to turn on their hardware, and that could be the reason for this difficulty jump.
They also anticipate on the price that will go up because the demand will increase due to people that are willing to buy coins before the block halving. I am fairly sure if the price stays around $500 without moving much, the difficulty will still jump with at least 5-10% per difficulty adjustment. These prices are great for miners. If the price goes up even more, then it's even better for them.
You're argument is flawed. You're missing the point that this is the highest level ever difficulty has reached and the biggest ever increase in difficulty. These are not miners "turning on" their mining equipment as you claim. This is brand new capacity joining the network at massive rates. If you mind checking the media you'll see that several miners have made announcements of significant capacity and efficiency increases in the recent past. You also miss the point that price and difficulty will never be correlated in the short term. If they would even an idiot would make money trading and that is not the case. Speculation is based on appreciating the differences in price and value of an asset and trading accordingly. Hash power / difficulty is one of most, if not the most, important determinants of the value of bitcoins. I'm guessing you are bullish for 2016? |
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It's not likely it will be 6 figures. But by the end of 2016 you will earn a lot more then you earn now with those 57 bitcoins.
To make your story even better you should try to get to 100 bitcoins.
Find a way to double it to about 100 and I think you can do it.
And how would I do that without gambling or day trading? Neither of which I'm good at. I don't have another $40K to drop in a risky investment like btc |
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Or some miners leave because they can't profit, difficulty goes down, and price goes down... you know, the other highly possible scenario
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If not fuck this shit, I'm out
Go out! We don't want people who criticise BTC , if you can sign from address holding 57 btc then we can believe that you are saying truth or else I believe it's all lie. Lol get the fuck out bitch boy... I used to have more than 57, I'm not gonna waste my time proving it to you. It's not even that much compared to others here |
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watch dogs is the better game ever guys
"better game ever guys" ..... where are these people from? lol... and no, watch dogs is NOT a better game, GTA5 is in another league, flop dogs doesn't come close |
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Since most sex workers tends to have higher rate of HIV and sexually transmitted diseases I prefer having sex with my super hot girlfriend for free.
I get it for free  Yeah ok pussy virgins You are such a HANDsome man  I am |
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I've slept with a lot of girls, and I have no problems getting laid. But I still prefer paying hookers. It's right to the point, less work for me and saves me time.. plus some hookers are super hot  |
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LOL at idiots ITT that think a price rise is guaranteed at halving.... this is exactly the reason why it probably won't happen, and then these noobs will panic and crash the market
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If all we must do is answer yes or no then: yes.
yes. and it is not difficult to have one. you can just buy one or more. it is more difficult to keep one. there are a lot of things you can buy with your BTC.  It's weird how so many people here are saying they wish they owned 1 BTC..... 1 BTC? Are these people homeless or in 3rd world countries or something? |
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Well, the fact that you haven't dumped all your crypto even during the pretty serious collapse of value in january 2015, proves that the phenomenom 'weak hands' is utterly unknown to you. You initial move was indeed very risky but looks like you might be in for (perhaps gigantic) profits. Good luck and HODL tight ... !
Not true, most ppl are not playing with $400k invested here in btc.. to the OP.. that same home probably is worth upwards of $600k now in this bubble REI. Yeah right... the house did not appreciate by 50% in two years. But I'm pretty confident his bitcoins will be worth well over that. Good job OP, you are my hero |
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If not fuck this shit, I'm out
At what price did you buy 57 BTC? If you got them below today's price, be patient, there is no rush! In various prices since 2013.... I actually lost 12 BTC but I managed to improve my cost avg throughout the bear market. I spent $33,000 total.... so my cost avg is $580/btc... still in the red bro |
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There's a good chance how you will, if you indeed have that much bitcoins, but i don't see what's the rush ? If you invest that money somewhaere else, it
will take you much longer to double it, whereas with bitcoin, it will almost certainly reach > 2k USD within 5 years or so.
If you want to try to speed that up, start trading, but either way i still think it would be smart to keep some of the coins for far future.
cheers
5 years? I expect more in 5 years but that's not why I invested in bitcoin... what happened to the glory days of 2011-2013 when a 10X rise was normal? The rush? I'll be over 30 by then, I wanna have 6 figures liquid wealth before I'm 30 You do realize that is much easier to have a 10X increase from $1 - $10 or $10 - $100 than from $450 - $4,500, don't you? Yes, I realize.... that's why I have 400 LTC too 57 bitcoins? that's a more than decent amount to have in your wallet(s). the price will need to go over $17000 in order to make you a millionaire. maybe by the time the price is rising, you'll have increased your coin count. that will help you get closer to your $1 million target.
There's no way in hell I'll be a millionaire with 57 btc..... It would be a god-send if BTC even went to $10K/coin... at that point I would sell and happily retire for a year, until I blow all that money |
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There's a good chance how you will, if you indeed have that much bitcoins, but i don't see what's the rush ? If you invest that money somewhaere else, it
will take you much longer to double it, whereas with bitcoin, it will almost certainly reach > 2k USD within 5 years or so.
If you want to try to speed that up, start trading, but either way i still think it would be smart to keep some of the coins for far future.
cheers
5 years? I expect more in 5 years but that's not why I invested in bitcoin... what happened to the glory days of 2011-2013 when a 10X rise was normal? The rush? I'll be over 30 by then, I wanna have 6 figures liquid wealth before I'm 30 |
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