Glad to have you with us! I, too, put it off for a long time before finally diving in during mid-late 2012. Welcome to our community! One piece of advice: Stay away from pre-orders, whatever you do.  |
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i would check out the gambling subforum. there are some giveaways that you can try to run up on gambling sites, and some of them allow you to even withdraw right away without playing. only like a bitcent or a millbit here and there, but it's better than faucets for sure.  Gambling sub-forum is a good suggestion. Also, PrimeDice (in my signature) has a faucet where you can collect a small amount every minute and try to run it up. (Of course, if you have a positive balance, you can't keep collecting) |
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You could always stop by the gambling subforum and pick up a few free bitcents here and there, then try and gamble it up into something more sizable. Chances are, you'll go broke, but it was free!  |
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There are things to consider..... do we know the account was brute-forced? Or is it possible this was done by someone who had access to a computer that in some way housed the password (in a text file, saved in-browser, etc)?
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I've bought and sold a few times in the last 3 months...... was holding all fiat in early July and went all in when it was hovering just below $70 on Gox. I'm sure with 60%+ gains over this time, people here have been buying. Currently holding 50-50 USD/BTC. |
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People were asking these questions back in January as the price zoomed toward $20.
"Oh look, it's overbought, better take profits."
"Oh oh, it's up so high, it'll really crash hard from $22."
Yeah it crashed hard...to $50, from $266.
I've said it time and again: if you think you're such an amazing trader that you can do better than the 1000% annual gain of just buying and holding, be my guest.
Well, I think some people, due to limited capital want to maximize gains now in bitcoin so that they can realize those year over year gains down the road. But also, how long can we sustain those kind of annual gains, do you think? |
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Definitely prefer mBTC myself. mBit almost seems awkward. I do wonder if XBT will stick -- it hasn't in this community, but it is the traditional way to give currency abbreviations, I think.
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I'm a bit worried. Took some decent profits already... had to, really. It went up so quickly while I was sleeping I couldn't move my limit orders... still got plenty to sell if this goes parabolic, though. This is parabolic now is it not? Hmmm. Yes, I suppose so. We're obviously consolidating right now, so I'll say, i still got plenty to sell if this continues to go parabolic after we consolidate. Could go either way, though, from here. |
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I've never used a bank wire to buy bitcoins or receive profits from an exchange..... but I suppose if you are trying to move 10s of thousands of dollars at a time, it's probably the most sensible way.
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I'm a bit worried. Took some decent profits already... had to, really. It went up so quickly while I was sleeping I couldn't move my limit orders... still got plenty to sell if this goes parabolic, though. |
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I almost bought some litecoins at .014. And then .013. And then I re-assessed this whole "investing in litecoin" thing, at least until BTC stabilizes. Then we'll see. But the very longterm downtrend it's in, which just won't bottom out, and the increased irrelevance of Gox.... I'm not confident.
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I hope it all gets sorted out. I'd be very nervous sending money orders in the mail -- and snail mail is the worst! I stick to P2P (cash in hand or teller deposit), unless it's a total non-option.
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Wow, this sounds pretty exciting. Thanks for sharing. I'm not sure exactly what "40,000 Bigcommerce merchants" really looks like in practice, but this can only be good. |
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Not a surprise. I would expect them to have initiated such forum policies considering the backlash against them (...for scamming the **** out of so many people, that is).
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Hmmmm. Options only go to December 31 of this year, eh? So we're definitely breaking $200 in 2013? What if $195 was the top of this rally?  |
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They gave away ~$1100 of Reddit Gold yesterday, so they attracted a lot of attention, but I don't know anyone who's used the exchange. Good PR though.
Interesting. Well, like I said, the order book looks pretty thin, LOL. I'm lazy to sign up at the moment, but I'd love to hear what kind of deposit and withdrawal options they have, and if anyone has tried it. |
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I think that all of them will continue to decline against BTC if it goes parabolic. XPM and PPC reversed the trend for a short time, but everything has pretty consistently fallen as BTC has risen.
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My explanation is that the fall in prices is due to so many people mining litecoins that don't really want them -- so they sell them.
There are a lot of miners out there that are mining litecoins because they have GPU rigs that can no longer mine bitcoins. You see this advice all over the forums, "Use your GPU to mine litecoins, and then trade them for bitcoins."
I think this is spot on. Most only mined Litecoin to exchange for Bitcoin at some unknown future date. This of course is unsustainable. Exactly. All these GPU rigs and nothing to do with them but mine the altcoin with the most market depth. This, and the fact that there is absolutely nothing to do with your litecoins (except sell them for bitcoins as you watch their value slowly but surely continue to tumble downwards). |
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I sold at 105 at some point, hehe. No shame in buying back in, it's just best not to have all your eggs in one basket -- ie don't hold only USD. I don't like be 100% BTC either because it means I can't buy more coins on dips.
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Everyone seems to be pretty negative about this, I honestly think it'll make a very interesting movie; can't wait! Hopefully it goes through.
How do you think it will make bitcoin look? (if they don't cut it out entirely, anyway) I actually think it'll make for a terribly uninteresting plot, but I've been wrong about that sort of thing before. |
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