Bars from this run left: 33 and 34. Along with plenty of silver plated bars. Shoot me a PM to order for shipping at the end of this week  |
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i dont understand why anyone would hold through this.
why not just wait until there is an ETF or killer bitcoin app, you will have time to buy, so you might miss a 10% spike up on the news, not a big deal.
why risk your capital, does not seem prudent.
Without risk there is no reward, simple. It's not prudent if you risk more than you can afford. |
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Who knows maybe if winklessvoss ETF is launched bitcoin will ignite again.
but without winkles or a killer app for bitcoin, this is gonna be a slow painful downward spiral, below $30
Despair is rife but I would look forward to the successful launch of the ETF as the point person on the job is top shelf and a celebrity in the business which is why she was chosen for the assignment. I'm not saying there's a timing that is being chilled upon but once the bottom is found, the next launch and rally will freak everyone out. The end result will be groovy times for all those that stuck it out and/or bought in significantly at the right time. I'm telling you and everyone else, the next wave will flag a historical marker in such a way that I'm not exactly sure what event to compare it to. Any bear that wants to counter this is certainly welcome to but be very careful what nonsense you spew cuz the honey badger is gonna get nasty. in the near future. I feel like this is as risky as anytime to buy, but from this price on down, the risk seems to be worth it. |
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Hey are you still running this?
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Valid points. but regardless if it is over or not, it still has utility (even with miners packing up), and as long as it functions it will be worth something, even if it is a lot less than the current price.
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So, I know this guy Don(DayTradeShow on YouTube), we've had some interesting conversations. His special reports are always worth the few bucks they cost, but this one took me by surprise- he has, after years of keeping his distance decided to finally buy Bitcoin after its 80% freak show. He sees some good buying opportunities now, and I agree with him. This has to be a bullish indicator or one that we have seen or will be seeing the bottom soon. His videos are great as they encompass psychology of the market with logical reasoning. while the pros among us may not get much from Don, I know that the novices among us or those that are learning like myself might find this useful, that is his his latest video, which you can view the intro for, here.I don't get any kickbacks for this, I'm posting it because I consider Don a decent guy and I have a lot of respect for him. It contains useful information for emotional traders that might feel lost in this environment. And some home truths about Bitcoin and the price action. It costs next to nothing and it's important to support decent content creators on YouTube like Don. He's even accepting Bitcoin. Anyway, check out his spiel and let me know what you think, of the report and if this means the price is going to bounce, hard from here! Let him know who sent you, or let me know if you found it useful, again I don't get anything out of this, unless you tip me of course  but Don is interested if he can provide value to the Bitcoin community. |
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Let's bump this thread in 2017, shall we? We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it. We should let this thread die. its just flogging a dead horse at this point. |
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Losing 100 bitcoins when they were valued at $1000 each and having the ability to buy back those bitcoins at $190 is still not a victory unless those bitcoins once again rise to well over $1000 each in value.
Let me have my moment! But yes I agree, it's not optimal. |
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I got goxxed so hard I made coins about it.
Thanks to my clumsy trading and (mostly) horrifying price declines I can now buy back all the coins that I have lost at Gox or been scammed out of in the past.
How many of you have unGoxxed yourselves over the past week or so?
you will lose every single $$ you put in bitcoin and get bitcoin ponzi schemed GOXED 2.0 Thank you for the incredible insight that you have chosen to share penny_coins, I'll be sure to PM you when I make any more investing decisions. This made me laugh more than I expected  As for your original question, I only lost a very very small amount, and; if you want to call it that: I have now un-goxxed that amount, yes. I also only lost a small amount, but I suppose I'm getting closer to the balance I had when I first started getting into btc. Which is nice. I almost envy your confidence, truly balls of steel. If I buy back in I would make some nice coin profit, but the thought of watching it drop to 130-140 gives me headaches Left only 10% of my stash in coin and got it out of exchangers. Is there any price beyond which you wont hodl or this is a hardcore commitment to the end? The pennycoins guy should be in everybody's ignore list. Nothing to envy, I learned the hard way like most others. I've still got 30% hodled up, not because I don't think it can't go lower, but as a rule I will never put more than I can afford to lose on exchanges. This is also why I'm not worrying myself (too much). I'm also in the enviable position of having pulled out more than I ever invested in btc over the past 2 years to pay for miners and the odd frivolity. Make no mistake, I'm by no means fiat or bitcoin rich though. It's more down to luck than anything if left to my own devices. I do subscribe to some TA newsletters which have helped enormously. I still make more money at my day job than I do trading. I actually hodled around 70% of my intial position until 315-500 and started selling the majority between these prices. I do not like having my funds on exchanges, but for now I need to try and preserve purchasing power to finally go long again and remove my btc. If something seriously wrong was discovered with btc, I'd sell everything, but I'm usually behind the curve and there would be carnage in that case and I'd probably lose everything. I'm no die hard, so I'll cut my loose if I have to, but I hope that crypto can grow into something that benefits the world. |
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I got goxxed so hard I made coins about it.
Thanks to my clumsy trading and (mostly) horrifying price declines I can now buy back all the coins that I have lost at Gox or been scammed out of in the past.
How many of you have unGoxxed yourselves over the past week or so?
you will lose every single $$ you put in bitcoin and get bitcoin ponzi schemed GOXED 2.0 Thank you for the incredible insight that you have chosen to share penny_coins, I'll be sure to PM you when I make any more investing decisions. This made me laugh more than I expected As for your original question, I only lost a very very small amount, and; if you want to call it that: I have now un-goxxed that amount, yes. I also only lost a small amount, but I suppose I'm getting closer to the balance I had when I first started getting into btc. Which is nice. |
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I got goxxed so hard I made coins about it.
Thanks to my clumsy trading and (mostly) horrifying price declines I can now buy back all the coins that I have lost at Gox or been scammed out of in the past.
How many of you have unGoxxed yourselves over the past week or so?
you will lose every single $$ you put in bitcoin and get bitcoin ponzi schemed GOXED 2.0 Thank you for the incredible insight that you have chosen to share penny_coins, I'll be sure to PM you when I make any more investing decisions. |
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I got goxxed so hard I made commiserative coins about it.Thanks to my clumsy trading and (mostly) horrifying price declines I can now buy back all the coins that I have lost at Gox or been scammed out of in the past. How many of you have unGoxxed yourselves over the past week or so? |
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if I need to buy a plane ticket using bitcoin, I can get the coins instantly on coinbase, and pay
more importantly why wouldn't I use my amex platinum to buy the ticket, which gives me points, protection in case the airline screws me, plus all sorts of baggage and flight delay protection?
The Platinum card, which costs $150 per year in fees. If you spend $8k per year you'll get a free plane ticket in 3 years. That only costs $450. And if you screw up (like the average household with over $2k in credit card balance) you are hit with 18% in fees. I'm done with playing that game. Give me real money and no banks/credit cards. I agree- debt can be bad. But in my experience most of the public prefer peaceful slavery to dangerous freedom. That goes for the dumbos chained to credit card debt too. Even if we went to sounder money- there will always be fools and people willing to risk providing services to them. |
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Bitcoin has a hard road ahead. We will see what happens. I wouldn't be surprised if bitcoin continued this downtrend...
it will stop at one point, can't decline indefinitely, there are simply no buy pressure right now, that's it stop? not so fast one more year for 3.6k coins sale per day how many more years for 1.8 and 900? it will not stop even bitcoin drops to sub $1, $0.001 is better than $0/nill we are already at 3.6 k a day, in one year will be 1.8, 900 i don't know, search for block halving sub 1 is not possible man, an enormous buy pressure will rise long before that, otherwise it just die there isn't any 0 or 1 or others stupid value like that, i think that under sub 100 or 50 it may just die and not recover anymore few bull scammers will keep buying this ponzi coin sub $0.001 and claim it's alive or whatever don't worry, I promise to buy all of them at $0.001 just for historic preservation, so you will never see sub-0.001 prices in your life. You will have to live an extremely long time to stand a chance of doing that. I don't think anyone has lived to 150 yet. In 150 years, Bitcoin will probably be worth millions of $, not $0.001 Maybe bitcoins will be digital antiques. valuable but essentially useless and outmoded. |
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Any time is a good time to buy, as long as you are prepared to hold long term. I think I'll stick to calculated risk/reward. Let's me sleep easier. |
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if it goes to 0 i will wonder what the hell happened to the internet.
It will not go to 0, but we could grind lower. We are still in a down trend. It will be interesting to see where the bottom is. Interesting and a bit scary! People have called the bottom so many times in 2014 that's getting really hard to predict what will the real one be. I thought we were through when the week MACD briefly turned free in December, but the damn thing is just a giant red wave now... To be honest I wish the market would hurry up and decide. I can't see any reason for the market to go up, like others, I'd just like a confirmation of the trend to change then I can get back to whatever I did before Bitcoin |
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if it goes to 0 i will wonder what the hell happened to the internet.
It will not go to 0, but we could grind lower. We are still in a down trend. It will be interesting to see where the bottom is. |
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So, I too stare daily at the pretty green and red lines at bitcoinwisdom. I have no idea what to make of them, and I see them analysed in so many different ways that I won't even try another. But what I recently realised, reading this forum, is that the most consistent thing I hear, from many users, is "bitcoin always surprises us all".Thus this poll: what would surprise you if it happened in 2015? You can choose multiple options, and let me know if you want me to add any. My personal opinion: in 2014 I was supper sure there would be a big rise by the end of summer. Boo at ridiculous past me. This year, I feel quite confident that we'll have a generally flat market. Let's see if I get booed at my myself in 2016. Cheers Heh, I read through the options and I can't find one that surprises me. The only one that would come close is the slow rise. Bitcoin has too much FOMO to have a slow rise. A little bit of rise will trigger a cascade effect and everyone thinks they're missing the train. I guess the two higher prices would be a little surprise because I'm thinking the next bull run may get $5k MAYBE, but that may take a year and a half or so after a bottom is found. But ultimately, Bitcoin never ceases to amaze, and it will do the same for years to come. Just from speaking with friends about bitcoin (who invested on my advice, but did not sell on my advice), the average joe has been burned pretty bad- think silver stackers *20... I would be surprised for them to enter the market once more. Maybe we are heading for a choppy down market for a year or two before any major uptrend? I start to doubt if the average Joe will have such a part on the next developments. And if big money comes in and there's a huge rise, don't you think they'd buy again? (Even if probably late, again) No, I think they would stay out of it. But no doubt there would be plenty of others to fill their shoes. |
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7.  I don't get it. Maybe better circulation to be able to take care of business with her? However, getting out of a cold shower won't make your johnson very attractive to her though. Johnsons are never attractive. Let's be honest most of the time it looks like a deformed fleshy bagpipe! Beats a chilly cheeky acorn nubb though |
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