Buying bitcoins isn't investing. Unless you're buying them to use for purchasing things, you're just speculating.
Merely buying and selling bitcoins is just gambling like a casino, stock market or lottery.
So if I buy gold to use as a store of value, and then sell it later, am I gambling? How about property as a store of value? If I exchange $USD for another currency, hold it, and then exchange it back, am I gambling? A good reason that some sell their bitcoin back to fiat is that not all merchants except bitcoin (yet), can't pay their bills or rent with it (yet), can't pay their taxes with it (probably never will happen), can't buy a new car with it (yet), etc. Hell, if I could use bitcoin everywhere for all my purchases, pay my taxes with it, and get paid directly in bitcoin, I'd never use $USD ever again. If that scenario came true, I would still hold some BTC in my account (like a savings account)... and that's not gambling to hold a currency. Why would you want to pay a transfer fee every time you buy or sell something? |
|
|
|
I like this the best from what I've seen. My .02 is the shaking hands forming the vertical line in the H is pretty cheesy. |
|
|
|
|
You don't experience a loss until you sell. You really turned 1 btc into .16 btc? LOTS of coins start out, have a big pump the go to crap and then rise from the ashes. BC is one example of many. I'd be lying if I said I was still mining, but I'm not selling my 60k hiros for anything under 3k - if they go to zero and don't recover so be it. (ok, it helps they are mined and won from trading, but if I bought them I'd say the same).
|
|
|
|
I am wondering how will Hiro price looks during this BTC price drop ...
Like most coins, terrible. BC seems to be the only coin looking strong, still irritates me I sold those coins in the 3k's. I'm sure it will dump at some point, and the fall will be a long one. |
|
|
|
|
8/13 Gox was in the game manipulating the price upwards and the Chinese were free to buy and sell all they wanted. What makes someone think the price today should be higher than $120?
Merchants don't give a shit what the price is since they cash out instantly - they see it as a vehicle, not an investment. This whole infrastructure argument is lame.
|
|
|
|
|
I think the poll needs to add pissed off and sick to your stomach.
I already sold in the $500s but if I still held that's what I'd be feeling. All I have left is about 60k Hirocoins mined and earned trading, and I still feel a bit of the above can't imagine what it would feel like to hold a bunch of $700+ coins.
|
|
|
|
this coin is dead.
48 hours ago hash was 12 gh
now 6 gh
half the miners left the boat. the other half will soon realize it is going down and will switch their rigs to more profitable waters.
What coins or pools are making profit past electricity right now? I'd be very concerned if I had spent $10k on an Asics miner awaiting delivery, I'm wondering if there will be any profit past electricity for those rigs at the rate things are going. |
|
|
|
|
In that situation I know I'd trade fuel and fuel for crypto. Who can resist what amounts to a number in your virtual wallet? Hell I'd jack off all over the computer screen in glee. What riches.
You can take your running shoes I'll take the ammo.
|
|
|
|
Economic collapse worse than the great depression as many predict. Sure, the most valuable assets will be food, fuel, ammo, and crypto.  |
|
|
|
Posted by Fonzie 3/22 after buying a bunch of btc: "Fuck me, i blame it on those 350ug acid tabs, but i´m feelin bullish for BTC again. I hope i won´t get burned for all that love about BTC(price). Cheesy Just bought 30 new coins. If we go below 490$ i will never post again, promised." Fonzie, you have posted like 50 times in the last 24 hours alone, please explain your broken promise  |
|
|
|
|
I fail to understand how a support level established before btc's ath, before China and Russia ban, before the enormous losses suffered by the Mt Gox disaster, before the IRS ruling btc is property and not a currency, when the mining landscape was far different, when the adoption landscape was far different, has any fucking meaning whatsoever.
But wtf do I know, I'm not a TA pro.
|
|
|
|
BLACK COIN
Indirect mining, no more coins flooding the market. Solid choice. Great hybrid POW/POS coin, great community. Translation: does not support miners, rapes current coins. |
|
|
|
Execoin has been showing a steady rise for a while now.
Yeah! Look at the Poloniex chart!!! Wtf is that supposed to mean? fact is if you are trading, exe has been good. Mining? I have no idea. |
|
|
|
|
I hope so, I LOVE using half the power with virtually no heat and noise.
I had both my miners for sale, sold one then discovered Hirocoin. After a couple days I removed the Ebay ad and decided to keep the unsold one. I'll mine until X11 isn't profitable then this one gets sold.
|
|
|
|
|
Execoin has been showing a steady rise for a while now.
|
|
|
|
|
If you don't like the coin piss off - especially if you've made money off it. Some of the f'n losers around here...
|
|
|
|
|
His logic fail lies in looking at total coins instead of existing coins. It's ok, I used to be dumb/ignorant about all this as well.
|
|
|
|
Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
so you think hiro is worth 30k market cap? Lol good trolling there. I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless. Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that. The number of coins you can mine DOES matter when you think a coin is undervalued when you are mining them. And dumping Hiro at 4k? you fucked up dude, it went to 6k. I think we will see 6k+ in the future - if I'm wrong no big deal, but one thing I'm pretty damn sure of is we won't see 3x current drk coin value anytime soon if ever. A doubling is a stretch. Coins like ltecoin and drkcoin that sit within a narrow range for a very long time are dead to me, no way to make any money on stability. Getting in early is key, otherwise I'm not interested. I do agree about Einstein, I'm buying that too. Quick question for you - I bought 25k hiros in the 1200s yesterday and could double my btc today. When is the last time you could double your btc in 48 hours with dark? never mind, I already know the answer, a pretty fucking long time. |
|
|
|
Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
so you think hiro is worth 30k market cap? Lol good trolling there. I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless. |
|
|
|
Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
Dark is pointless to mine, I got like 8 coins/day with 4 280x cards. If you are an early adopter good for you, but it's totally unattractive to me to buy or mine right now - It's reached it's top. Hiro on the other hand, |
|
|
|
|
Show Posts
