Because BTC will break $1000 or something better?
Yes, it's chart porn. I've got my dick in hand right now just looking at it. |
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Could you break down what this means for your "average joe"? That's a complicated way of saying everyone on this forum is giggling like a schoolgirl. |
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I know literally hundreds of people that use Bitcoin regularly and have met many of the big names in the community at several of the conventions. I’m from the SF Bay Area though and people are pretty tech savvy and trendy here so maybe that doesn’t count.
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You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.
I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!
How many coins did you cash out in total? Just over 1800. Edit: that's all I've ever had which includes spending at SpendBitcoins. How are you planning to withdraw it from Gox though? Gonna take the 5% extortion fee? That can't be helped. I may as well tell you, it's almost over now. I have several family members receiving from accounts I helped them make. They will receive the funds and transfer to me slowly. The extortion fee isn't as bad as the tax will be. There is limit $10k USD/ month at gox. -> $500k is 50 man-months :-) (if any) That's right. That's why you need family or really, really close friends. |
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You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.
I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!
How many coins did you cash out in total? Just over 1800. Edit: that's all I've ever had which includes spending at SpendBitcoins. How are you planning to withdraw it from Gox though? Gonna take the 5% extortion fee? That can't be helped. I may as well tell you, it's almost over now. I have several family members receiving from accounts I helped them make. They will receive the funds and transfer to me slowly. The extortion fee isn't as bad as the tax will be. |
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I can't believe I sold all just under 500! I was so happy to have over a half million $ that I couldn't wait. Oh well, I guess all I can do is sit in my new completely paid off house and cry. lol
You sold all? Really? IMO at current BTC valutation selling "for good" (to cash in fiat profits) more than 35% of ones BTC stash is completely crazy, regardless of when you bought in. If you bought in low double digits/single digits, then your profits are SO HUGE that selling only 20% will grant you a massive gain, while you still keep bullets for the "next round". If you bought just a few weeks/months ago, then selling 20% is probably enough to recover your full investment, while you keep riding the BTC trading. In any case, selling all seems like something you will bitterly regret in the near future. I guess you dig in the forums and read the stories of those who sold tens of k's of coins in 2011 (if not hundreds of thousands of coins), bought a nice house and a nice car and retired from the BTC scene for good. Just 2 years after those guys would be so wealthy that their kids and the kids of their kids would be all set for life. Yep - it might not happen. But its the kind of opportunity you just cannot afford to lose  I already kind of regret it but I mined for most of my coin so long ago and this is such a giant windfall that it's hard to not be happy. I do not believe it is possible in 4 days withdraw from gox $500k and buy house. Total BS Oh, you're right it's not. But I have relatives in Europe and it's taken more than 4 days. When the money comes through the house is paid off. Funny but this market is so unstable that by the time I get the cash everyone here could be mega rich or broke. |
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Enjoy your life and never look back..
There are many things more important than the possibility of wealth.
And congrats on your house being owned.
May your family once again regain your full attention and may the decisions you made for them never be regretted
Cheers
Very nice. QuestionAuthority, get out of here. lol I'll still be around. I'm waiting for Matthew to come back so I can fuck with him some more. Besides I have to see the end of the BFL saga. Kind of like watching a bad miniseries. You hate it but just can't stop watching. |
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You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.
I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!
I understand you, I guess it also depends on your circumstances. But I have to admit it strikes me just because I wouldn't do what you did (and in fact I'm not doing that, but cashing out very slowly and progressively). I mean, 20% of what you cashed out is already $100k, which is a reasonable amount. Let's say that $100k buys you 1 year of comfortable life while you still ride this choo choo train with 80% of your holdings. Its so clear for me that's the only way to go with BTC, to hold with as many coins as possible to see if it realizes its potential and the long-term trend continues, that it strikes me to hear stories like yours. But again: I guess its a matter of circumstances too. Congrats and enjoy You're probably not as old as I am either. lol |
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You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.
I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!
How many coins did you cash out in total? Just over 1800. Edit: that's all I've ever had which includes spending at SpendBitcoins. |
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You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.
I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!
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I can't believe I sold all just under 500! I was so happy to have over a half million $ that I couldn't wait. Oh well, I guess all I can do is sit in my new completely paid off house and cry. lol
You sold all? Really? IMO at current BTC valutation selling "for good" (to cash in fiat profits) more than 35% of ones BTC stash is completely crazy, regardless of when you bought in. If you bought in low double digits/single digits, then your profits are SO HUGE that selling only 20% will grant you a massive gain, while you still keep bullets for the "next round". If you bought just a few weeks/months ago, then selling 20% is probably enough to recover your full investment, while you keep riding the BTC trading. In any case, selling all seems like something you will bitterly regret in the near future. I guess you dig in the forums and read the stories of those who sold tens of k's of coins in 2011 (if not hundreds of thousands of coins), bought a nice house and a nice car and retired from the BTC scene for good. Just 2 years after those guys would be so wealthy that their kids and the kids of their kids would be all set for life. Yep - it might not happen. But its the kind of opportunity you just cannot afford to lose I already kind of regret it but I mined for most of my coin so long ago and this is such a giant windfall that it's hard to not be happy. |
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I can't believe I sold all just under 500! I was so happy to have over a half million $ that I couldn't wait. Oh well, I guess all I can do is sit in my new completely paid off house and cry. lol
Better to cry in a new house than outside in the park. You sold on stamp or gox at $500? Gox |
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I can't believe I sold all just under 500! I was so happy to have over a half million $ that I couldn't wait. Oh well, I guess all I can do is sit in my new completely paid off house and cry. lol
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Satoshi is RuPaul. I have proof. Have you ever seen them appear together anywhere? I thought not! They can't because they are the same person. Obviously Satoshi must be RuPaul.
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy.  lol I'm not trading back in, I'm moving the funds to real estate. You mean the bubble the government is working really hard to keep from deflating even more? Yep  via Imgflip Meme Makeryour not even keeping one coin for melancholic value and to question authority? Ok maybe I'll keep one coin. But I found a flipper that I can put maybe 50k into an make 200k inside 3 months. |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy. lol I'm not trading back in, I'm moving the funds to real estate. You mean the bubble the government is working really hard to keep from deflating even more? Yep |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy. lol I'm not trading back in, I'm moving the funds to real estate. |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
save 10% in XBT I thought about that but if I don't sell it all I won't have enough to pay cash for this house I want to buy. |
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I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
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Anyone hating on MsBitcoin should put a bitcoin up they slot because they played themselves.
I'm not exactly sure what that means but it sounds negative. |
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