LOOOOL, surf the forums, you are just saying the same thing some stupid things that were repeated over and over when we hit $22 at the end of January 2013.
It will at least double again before crashing. And it might very well implode for good at some point, but not before 5 figures.
Mark my words.
I have no option here but to concede the fact that ignorance towards you has cost me at least 10btc. I'm buying in now and will sit tight for the rest of the ride. Always nice to hear when bears turn to bulls. Congrats!  I think he finally found out that we won't go to 50 before we can go up. Some people are just a bit slow. But good to see he's ok now. Shroomsy. We indeed WENT to $50 before we resumed the uptrend. But OK, after it went to $50 and it stabilized at aprox. $135 I said it had to go down again to $50 (or lower) before it went up again... It's obvious it never went down again to $50 from that point ($135) - but indeed went down to $67. So yes, I was not able to "predict" the precise bottom - but the price indeed lost 50% of its value before the trendline was resumed. That was my general point, and additionaly I wrote that kind of behavior was absolutely normal and in fact, healthy. On the contrary, you wrote many times that the price going down was "hurting the coin". You will remember that we mocked up you quite a lot for repeating continuosly "it hurts the coin". At the end the price went down, the coin was not hurt at all and its skyrocketing again - so why so bitter my friend? |
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This is the wrong thread. But 'gosh dang', what the hell is up with altcoins? My where worth aprox. 0.3 BTC three days ago, now they are closing in to 2.5 BTC!
Speculative bubble driven by big players. It's happened before. Look at he volume. Congrats for holding so long, but get out before it implodes. LOOOOL, surf the forums, you are just saying the same thing some stupid things that were repeated over and over when we hit $22 at the end of January 2013. It will at least double again before crashing. And it might very well implode for good at some point, but not before 5 figures. Mark my words. Who to believe..? I think I'll just hold on for now. It worked well for my bitcoins  I thought you were speaking about BTC, not alts - I'd say that this is not a bad moment to dump LTC and NMC (don't even know about the others, the only one which is semi-interesting to me is PPC). |
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This is the wrong thread. But 'gosh dang', what the hell is up with altcoins? My where worth aprox. 0.3 BTC three days ago, now they are closing in to 2.5 BTC!
Speculative bubble driven by big players. It's happened before. Look at he volume. Congrats for holding so long, but get out before it implodes. LOOOOL, surf the forums, you are just saying the same thing some stupid things that were repeated over and over when we hit $22 at the end of January 2013. It will at least double again before crashing. And it might very well implode for good at some point, but not before 5 figures. Mark my words. . Chill your titties. OK, didn't read that through. |
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This is the wrong thread. But 'gosh dang', what the hell is up with altcoins? My where worth aprox. 0.3 BTC three days ago, now they are closing in to 2.5 BTC!
Speculative bubble driven by big players. It's happened before. Look at he volume. Congrats for holding so long, but get out before it implodes. LOOOOL, surf the forums, you are just saying the same thing some stupid things that were repeated over and over when we hit $22 at the end of January 2013. It will at least double again before crashing. And it might very well implode for good at some point, but not before 5 figures. Mark my words. |
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China is heading to ATH too.
Brace yourselves. The biggest bubble EVER is coming. And this is just the beginning.
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Nobody -read again- NOBODY who owns a 3 or 4 digit amount of BTCs is selling nowadays. It's all what they were looking for and patiently waiting, all this time. It will simply won't happen (unless they want to convince some weak hands to sell their stash to them in panic sells)...  Well, you have somebody selling 3k coins at $1k on Stamp Do not forget that there are quite a lot +3k BTC holders that mined back in 2010, 2011 and 2012, and that never in their lives have seen more thant $50k at the same time. The sensible thing to do for those guys is to sell 1k coins and bring home their first million. They won't be "all set for life", but their life will VASTLY improve for the years to come. You see, money has a marginal utility once you reach a certain spot. Securing the first million is much more important than making the second one. Sensible guys know this. |
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The real madness will start once Bitstamp hits $1000. $1000 will seem cheap next week.
That will happen today i think. Possibly very soon. Someone wants to cash out $3M on Stamp at exactly $1k. Any whale wants to exchange a few of his millions for a 3 thousand BTC? I guess its fun when you request a $3M withdrawal on Stamp. I can imagine the face of your bank manager when that wire arrives, especially if you never had a balance greater than a few k's Haha, so much fun to show your bank statement to people close to you if they have no idea. Probably stupid though Anyhow, moving 7 figures of fiat is not easy unless you have already moved similar amounts in the past. From one side, I'm not so sure Bitstamp can move 7 figures quickly (Gox certainly not, as they have 500k monthly limit plus all kind of delays). From the other side, even if the exchange is able to wire you such amount in one piece (and i doubt it), if you are a "regular joe" that lives month-by-month and never had seen that amount of cash in your balance you can be sure that you will get a lot question from your bank manager before they even try to credit the money to your account. |
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No more triple digits for 2013.
Goodbye, triple digits. See you 2015.
Noone buys the triple digit lie anymore.
Hell yeah. You were right from the very beginning. Godspeed to you my friend! |
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The real madness will start once Bitstamp hits $1000. $1000 will seem cheap next week.
That will happen today i think. Possibly very soon. Someone wants to cash out $3M on Stamp at exactly $1k. Any whale wants to exchange a few of his millions for a 3 thousand BTC? I guess its fun when you request a $3M withdrawal on Stamp. I can imagine the face of your bank manager when that wire arrives, especially if you never had a balance greater than a few k's |
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Why not found a start-up company and hire 2 - 4 full time developers and 1 project manager? Moreover, I believe MSC could attract many capitals too.
I think the right choice is the one that makes JR to commit 100% of his time to the project. You can bet that competition will commit full resources of their founders to their project. Half-measures are not good for such a project. If the "buy back" is needed for JR to go "all-in" in MSC, then I strongly vote for the buy back. Many people have said that they think it is imperative for JR to be on the project full-time, yet I have not seen anyone provide a reason as to why his full-time commitment to Mastercoin is necessary. Presumably the community feels that since JR conceived Mastercoin it follows that its development is dependent on him. But it's one thing to conceive an idea and it's another thing to develop it. Does anyone have reason to believe the JR would be such an exceptionally good developer? I find the community's attitude towards JR untenable, and I partially blame JR for not being more direct with the community: either he believes his full-time help is necessary for the development of Mastercoin, in which case, if the community and the board agree, we should do what we can to get him on board full-time. If on the other hand JR doesn't think his full-time commitment to Mastercoin is necessary for development, he ought to say so explicitly, that way we can stop focusing on how to get him to commit to the project, and start focusing on the project itself! In my opinion, JR obviously doesn't think his full-time commitment to the project is necessary for its success, otherwise, he wouldn't have published his white paper without any code, and wouldn't have explicitly said that for two years he tried to convince someone else to undertake this project. He is the brain and soul of the project - additionally, he is also the major holder of MSC. It's clear as water that he has much more incentives than any "for hire" developer to make MSC to succeed. Still, there are real-life concerns that might refrain him for quitting his well-paid job to commit to such a venture as MSC. IMO we should just work for him to commit. |
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Why not found a start-up company and hire 2 - 4 full time developers and 1 project manager? Moreover, I believe MSC could attract many capitals too.
I think the right choice is the one that makes JR to commit 100% of his time to the project. You can bet that competition will commit full resources of their founders to their project. Half-measures are not good for such a project. If the "buy back" is needed for JR to go "all-in" in MSC, then I strongly vote for the buy back. |
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Amazed by how people still tries to cash out using MtGox.
I didn't see any report of somebody successfully cashing out a significant amount of USD in months.
I just received my 5%-fee wire that was requested 4 weeks ago. USD? Was it more than $10k? |
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The price is not even halfway to top. This seems clear, there is not even need for technicals. This time we are going mainstream for REAL and big money wants in. I won't surprise for the interim top being +$2,500 - and 5 figures in the next 12/24 months.
Bitcoin is steadily arriving to its tipping point: it either succeeds or becomes one of the biggest speculative bubbles in history.
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Those of you who don't like your governments/countrys, regardless of where you live, why don't you move somewhere else?
There must be some other country somewhere that you like better.
Personally I don't mind paying tax (within reason) since it pays for my insulin, Enbrel, and my 50% disability pension.
I'm not saying I love my government, on the contrary, I voted on a opposition party. But from there to refuse paying tax is a bit too long step.
I guess that there is a middle way. Paying 0% taxes might be off the question, but so it is to pay +50%. And yes, +50% is something quite normal for the higher ranges of income in Europe. |
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You don't see too many posts gloating about they sold at the top and rebought at the bottom.
Trading fees really eat into your profits when taking advantage of small swings, so you gotta wait for the bigger swings. I sold at 1035 and rebought at 930. Btcchina's no-fee trading sure looks attractive. And what is BTCCHina's business model? How do they generate revenue? I think they dont looking into profit right now. Its a smart move because they need to gain trust as well as testing their setup. Mark did test his system while taking profits from us..... have you ever been goxxed? lol I'd be quite uncomfortable with an exchange charging 0 fees if there isn't a clear plan/alternative revenue stream. I think everybody should work for profit, and a company managing millions of $$$ per day doing it for free seems fishy to me. Especially considering that there is not much choice for Chinese, its not like the market is super mature and bloated with reliable options and you need to work for free to gain user base. You may be right, but I prefer to trust my hard earned money to companies with a clear business model, and that have a big incentive in NOT scamming customers. |
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You don't see too many posts gloating about they sold at the top and rebought at the bottom.
Trading fees really eat into your profits when taking advantage of small swings, so you gotta wait for the bigger swings. I sold at 1035 and rebought at 930. Btcchina's no-fee trading sure looks attractive. And what is BTCCHina's business model? How do they generate revenue? |
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This thread has come true for many many people (who have cashed out lol)
Remember - it aint real until its actually in your hands ....
And getting it there isn't super easy.
And Uncle Sam is going to rape you for 20-30% of it ...
Mo money Mo problems ...
Only 20-30%? God, you US citizens are lucky bastards. I won't tell you the amount of raping that gets an European declaring capital gains of +6 figures - you would cry. He was lowballing it, anyone who makes a million USD or more usually loses 50% if they try to take it in a lump sum. Nope, that's income taxes. Increases in the value of an asset (such as bitcoins owned) is capital gains taxes, which is 20% MAX and normally in the 10 to 12% range in the US. I'm crying. Really. You don't even know how lucky you are. |
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Wow, someone has put $190k into a $950/BTC buy wall on CampBx.
Get used to it. To sustain the current price we will need to see much more $$ on the bid side. |
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