Where are all the 'chumps' who buy at the ATH+ going to come from ?
People like you who sold everything at $120 and below finally realizing that you're about to be left behind? |
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For whatever it's worth, I can vouch for sturle. He is speaking the truth. Ignore Frizz23, that is my advice.
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Jepp, det ordnet seg  |
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Can someone post that picture of Morpheus saying something like "when it's time to sell our bitcoins...we won't have to"?
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Presenting Bitcoin as some Libertarian, extremist movement frightens most people, whether you believe in that movement or not. Any PR firm would tell you this. There are much better, less "scary" ways of presenting Bitcoin on it's own merits. You need to understand your typical audience your trying to "sell" on Bitcoin, and then adjust your pitch appropriately
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I'm really disappointed that he made it so easy for them to steal his wealth.
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So the FBI's ETF is bigger than twins. Do they need to file the papers too?
pussy pirate
Either that or he was sloppy, which given what I've read so far, would not surprise me. Oh well, welcome to Bitcoin penury Mr. Ulbricht. Bitcoin penuary and jailed for the unforeseeable future. Ahh... the best of two worlds. |
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That the US government is one of the largest holders of Bitcoin.
This is the best news ever. They already been on the moon, so they will help us on the way up. Or they will sell the bitcoins and essentially remove $28.5 million from the bitcoin population and insert into the US government. The only way this could be a good thing is if they destroy all the coins, not gonna happen. |
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Am I the only one screaming in agony over this? It's quite ironic, don't you think?  What's ironic? |
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Am I the only one screaming in agony over this? |
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I really wish people would stop worrying so easily (and stop expecting price won't jump around). Learn to shrug off volatility, because it is NOT going to be a smooth ride as we go to $10,000 or $100,000. You'll get shaken off unless you're made of steel.
It was obvious we had to take a breather. Double-exponential growth never lasts. Exponential can, but not double-exponential. Hanging around the $200 mark for a week is required in order to get back onto the exponential trendline, which we got ahead of. We of course won't sit exactly at $200 but will bounce around a bit. It's just killing time until the rise continues.
Lost a lot of money by holding, but this crash feels great. Now I won't need to be so scared as we push through the ATH. Let's consolidate around $200 for a while. I'm feeling really bullish. Yeah, don't worryY U no make new videos since April? The vids was a spur-of-the-moment and not really plans of anything ongoing. Felt inspired to capture the moment, kinda just joke around and have some fun...Everything was kind of surreal back then wasn't it May do some vids again later, but it's quite hard to think of anything good, guess I'm waiting for the right moment. |
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I really wish people would stop worrying so easily (and stop expecting price won't jump around). Learn to shrug off volatility, because it is NOT going to be a smooth ride as we go to $10,000 or $100,000. You'll get shaken off unless you're made of steel.
It was obvious we had to take a breather. Double-exponential growth never lasts. Exponential can, but not double-exponential. Hanging around the $200 mark for a week is required in order to get back onto the exponential trendline, which we got ahead of. We of course won't sit exactly at $200 but will bounce around a bit. It's just killing time until the rise continues.
Lost a lot of money by holding, but this crash feels great. Now I won't need to be so scared as we push through the ATH. Let's consolidate around $200 for a while. I'm feeling really bullish. Yeah, don't worry |
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Bitstamp: 206
Mtgox: 205.49
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I just hate this rise. Sold too many coins  No trust anymore that it will go down again to $100. Maybe $130-$150 at best. We are close to touching the old time high again. This is not 2011. I'm eating my cake and it tastes like chit. Sorry to hear that. I'm kind of nervous myself. I'm holding, all of it, waiting for the last moment to sell. I'd love to say "it looks like it's about to turn around", but in reality, I don't see any signs for that (likely to happen eventually) correction yet. Neither on stamp nor on gox. So, I'm holding. Thanks so much Oda. Yeah, I switched strategy to not sell anymore as it goes up. I felt it in my gut already when price moved back up from $65 to $100, as I was selling the buying was strong. I figured we just might have seen the low already and from here it's up but I didn't listen to my gut and continued to sell up to $130. As I said many times: buy and hold has historically been a winning strategy with BTC. Daytrading BTC is a huge risk, and IMO it should be done ONLY after an obvious bubble pop that leads to a bear market, as we had from mid April to July/August. In my book this is a very bad time to daytrade, is time to hold like a motherfucker, as I've been saying since the beginning of July. You made fun of me because of a trolly post I wrote at the beginning of April in which I suggested to a guy to hold to his BTC if he invested what he could afford to lose and didn't want to miss the opportunity of his life. I again stand correct on that post. I don't believe in risk management with BTC, I think the bigger risk is to lose a once in a lifetime opportunity to be really "all set", and the potential with BTC is so high that you don't need to invest a significant % of your wealth, by investing what you can comfortably afford to lose your life can change for real, very soon. We are all still early adopters, even the guy buying today for the first time, but the window is starting to close, slowly. When it closes for good, it would be sudden. We are approaching ATH, and we all know what happens when we break ATH, right? Huge media exposure and back to bubble mode, and this time $1,000 will be broken in less time you need to blink your eye. What if a BTC ETF is approved by the SEC? You can image. Sure, secure your profits. I guess that everybody who has been into Bitcoin at least for 1 year has recouped their investment and secured profits at some point. That's the sensible thing to do. But don't fuck up by daytrading when the bear market is over, now it's time to ride the choo choo train. Yeah, crashes will follow parabolic rallies, but will you be able to time that? Be careful, in this game the one with more BTC in his wallet is the one winning. This + choo choo! +1 and also: |
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We're above 200!!!
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The report itself says:
"The sharp deterioration of the public finances in many countries has revived interest in a "capital levy"— a one-off tax on private wealth—as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away. … The tax rates needed to bring down public debt to precrisis levels, moreover, are sizable: reducing debt ratios to end-2007 levels would require (for a sample of 15 euro area countries) a tax rate of about 10 percent on households with positive net wealth. (page 49)"
It's really quite astonishing how openly cynical they dare to appear. Sounds like a bunch of evil thugs masterminding a plan on how to best steal the most amount of money from people with the least amount of resistance. And that is exactly what's going on. When people wake up to this massive theft happening we're going to see manic capital flight into bitcoin. As terrible as this is for the people being victims it's also extremely bullish for bitcoin. Can't do much than secretly cheer this craze on. The more they steal the more attractive the ultimate tax haven of digital currencies will become. Where does this chart come from ?
http://www.blockchained.com |
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