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1  Other / Beginners & Help / Re: If you haven't bought in yet... on: May 04, 2013, 05:27:54 AM
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Guy is a troll and will make you lose money.
But if you are that stupid to listen maybe you deserve it.

Okay, call me a troll. Whatever. I've doubled my money investing in BTC, and I don't NEED to help anyone out.

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its going to be below 70 tomorrow!

Okay, bull.

Nobody knows exactly how this MTgox being sued news is going to affect the market in the following days.

Now this is something I had no idea about.
In reading the court docs though, I doubt it will do too much. Doesn't seem to me like anything drastic will happen besides CoinLab taking over MtGox's US- and CAN- based services.
2  Other / Beginners & Help / If you haven't bought in yet... on: May 03, 2013, 07:03:51 AM
You ought to now or soon. This could be the last opportunity to buy BTC below $100.
3  Other / Beginners & Help / Re: [ NEW ] www.bitcoinplaats.nl - a bitcoin market place which already lists 2 cars on: April 24, 2013, 09:51:59 PM
It's awesome that you have cars listed already. Unfortunately, i'm from the USA and can't buy that Honda.  Undecided
But yeah, it would be great to see a site like this in English, not to mention a benefit to the Bitcoin community by having another trading site for BTC users.
4  Other / Beginners & Help / Re: Number of bitcoins lost forever on: April 12, 2013, 05:30:29 AM
Who would want to say "this item costs 0.0000000001 bitcoin" compared to "this costs a dollar"? No one.

So no, people do not want to deal with decimal points. They like dealing with whole numbers. I'd like to see someone go to a bank and request $0.00023 dollars. lol
Call them Satoshis or mBits. Go to the bank, transfer 100mBits, go to the store, buy groceries. "That'll be 72 mBits, sir/ma'am"
5  Other / Beginners & Help / Re: Introduce yourself :) on: April 12, 2013, 05:27:52 AM
I'm Probo. I'm an idiot that sold 25 bitcoins at $13 long, long ago and still has lingering butthurt from this. Oh well, best of luck for the future, yeah?
6  Other / Beginners & Help / Short-term tips for people new to Bitcoin -Additions/Criticism encouraged- on: April 12, 2013, 05:26:15 AM
I just wanted to highlight a few things for any new adopters. I know i'm a newbie on this forum, and as such have little weight to my words, but hear me out and take it with a grain of salt if need be. I've learned quite a lot between toying with BTC since early 2012 and lurking on this forum without an account for a couple months. These simple lessons require little, if any, understanding of economics, just an ability to think critically.

1. Buy in soon, but not now.
You'd do best to get fiat in an exchange right now, but don't do anything with it until you're convinced the price has stabilized. If it starts a stable rise, roll with it for a day before buying. If you're worried about the dollar or two per BTC you might lose out on in doing this, good luck gambling. On the other hand, if there's more instability, Mt.Gox keeps price-fixing, or if there's a steady decline due to price corrections, you've saved money on your bitcoins.

2. Bitcoin will serve you best as a long-term investment.
If you look at all the Bit-millionaires, all the people who've paid their bills or got money for a car through Bitcoin, it certainly wasn't through day trading. The early adopters who waited x months and decided to sell off at $2-5 either reinvested or are still butthurt and crying. Don't put yourself in that position. Find a safe point to buy, decide on a length of time to invest, and if you're not sweating the market, keep those coins. If you start feeling nervous, maybe it's time to cash out temporarily. Regardless, saving them for a few weeks or a month won't do much. If you really want to see appreciation in value, ride through smaller crashes, don't panic, and sell only when you need to and buy prices will make you a healthy profit off your original investment. I personally made the mistake of pissing away all my BTC. I had BTC25 through August and September last year, but after the price jumped from 7 to 13 in quick succession, I got jumpy and spent/cashed them all. If I would have saved them until now, I could have made $2000-2500. Instead I got around $250. My butt still hurts from this.

3. Don't trust a frenzy.
Go and look at the postings on the Speculation board from last week. People were convinced BTC would hit $300, $400, $500, and what happened when this frenzy hit its apex? Poor saps buying in at $266, followed by a sharp decline back to double digits. Think for yourself and ALWAYS ask for the data behind someone's thoughts; often it's nothing more than a delusion brought on by said person's personal stake in BTC.

That being said, good luck to everyone and I hope I'm not the only person that will get Bitcoin-rich enough to pay for a college education, lol.
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