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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 508086 times)
joeventura
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December 30, 2014, 09:22:43 PM
 #2401

bitcoin heading to ridiculous new highs .. check the price today!

I hear you brother.

Buy everybody buy.

Cheap coins.

The market is supporting a price of 320$ Today. Each bitcoin put to sell find an immediate buyer at this price.

You're welcome Tongue
It's Christmas time, I need to give some BTC as gifts...

Give away! Tongue

330$ Today, it's a gift for those who want to buy.

Must be a bigger gift at $309


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December 30, 2014, 10:05:34 PM
 #2402

No I knew this was going to happen going into 2014.

If you invested in 2012 you would of been rich but who would of known.

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December 31, 2014, 12:09:49 AM
 #2403

The Roaring Twenties will return for those that have stuck out the great depression of 2014 and had the stomach to have trust in the blockchain and all that it will offer to those that believed in it. There's so many people who've heard and saw what they saw in regards to Bitcoin and probably want nothing to do with it. There'll be a lucky bunch that have sat through the turmoil of the last year and learned everything they could about what the future will hold, all the while being constantly reminded of the ever diminishing BTC price. The flash in the pans, much like the general public, will be locked out of the price recovery as they won't hear about or see the rebound until it's panic buying time. And, that's if they're positioned correctly to be able to buy back in. Many people are living hand to mouth or paycheck to paycheck and won't have even a modest stake to be able to get much of a spin on their money when the time comes. Those who've held, accumulated or have their fiat at the ready for purchase are those that will be the biggest winners if one is keeping an eye on the BTC price going up.
joeventura
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January 03, 2015, 09:30:53 PM
 #2404

Very amusing.

What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.

Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.

In response to that what is happening?

People spending their BTC? NO!

People selling their BTC? YES!

People continuing to hoard BTC waiting for it to come back? YES!

People mining any great quantity of BTC on their own? NO!

People cloud mining making tiny BTC profits? YES!

These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.

By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.

You heard it here.




Down 11% in 60 days


June is coming.

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joeventura
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January 03, 2015, 09:31:31 PM
 #2405

bitcoin heading to ridiculous new highs .. check the price today!

I hear you brother.

Buy everybody buy.

Cheap coins.

The market is supporting a price of 320$ Today. Each bitcoin put to sell find an immediate buyer at this price.

You're welcome Tongue
It's Christmas time, I need to give some BTC as gifts...

Give away! Tongue

330$ Today, it's a gift for those who want to buy.

Must be a bigger gift at $309



A miracle at $289


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Guido
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January 03, 2015, 09:32:44 PM
 #2406

The Roaring Twenties will return for those that have stuck out the great depression of 2014 and had the stomach to have trust in the blockchain and all that it will offer to those that believed in it. There's so many people who've heard and saw what they saw in regards to Bitcoin and probably want nothing to do with it. There'll be a lucky bunch that have sat through the turmoil of the last year and learned everything they could about what the future will hold, all the while being constantly reminded of the ever diminishing BTC price. The flash in the pans, much like the general public, will be locked out of the price recovery as they won't hear about or see the rebound until it's panic buying time. And, that's if they're positioned correctly to be able to buy back in. Many people are living hand to mouth or paycheck to paycheck and won't have even a modest stake to be able to get much of a spin on their money when the time comes. Those who've held, accumulated or have their fiat at the ready for purchase are those that will be the biggest winners if one is keeping an eye on the BTC price going up.

agreed with all that Chef

there is bit more pain to come but then we will RISE like eagles
fabiola!
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January 03, 2015, 10:35:35 PM
 #2407

The Roaring Twenties will return for those that have stuck out the great depression of 2014 and had the stomach to have trust in the blockchain and all that it will offer to those that believed in it. There's so many people who've heard and saw what they saw in regards to Bitcoin and probably want nothing to do with it. There'll be a lucky bunch that have sat through the turmoil of the last year and learned everything they could about what the future will hold, all the while being constantly reminded of the ever diminishing BTC price. The flash in the pans, much like the general public, will be locked out of the price recovery as they won't hear about or see the rebound until it's panic buying time. And, that's if they're positioned correctly to be able to buy back in. Many people are living hand to mouth or paycheck to paycheck and won't have even a modest stake to be able to get much of a spin on their money when the time comes. Those who've held, accumulated or have their fiat at the ready for purchase are those that will be the biggest winners if one is keeping an eye on the BTC price going up.

agreed with all that Chef

there is bit more pain to come but then we will RISE like eagles

Rise like Eagles lol, it's rise like a Phoenix no? Wink x



Smiley
moriartybitcoin
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January 03, 2015, 11:13:45 PM
 #2408

I am pretty confident we are NOT the new wealthy elite , based on the price of bitcoin recently!

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January 03, 2015, 11:24:27 PM
 #2409

I am pretty confident we are NOT the new wealthy elite , based on the price of bitcoin recently!

Stop crying, die like a man. Smiley
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January 03, 2015, 11:25:59 PM
 #2410

The people who bought sizable quantities of BTC when this thread started did indeed become rich men. How I wish I were one of them.
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January 03, 2015, 11:56:32 PM
 #2411

The people who bought sizable quantities of BTC when this thread started did indeed become rich men. How I wish I were one of them.

Not really, some lost the lot with mtgox, some with bfl and the like, it's a case of grass is always greener.

Smiley
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January 04, 2015, 12:07:24 AM
 #2412

The Roaring Twenties will return for those that have stuck out the great depression of 2014 and had the stomach to have trust in the blockchain and all that it will offer to those that believed in it. There's so many people who've heard and saw what they saw in regards to Bitcoin and probably want nothing to do with it. There'll be a lucky bunch that have sat through the turmoil of the last year and learned everything they could about what the future will hold, all the while being constantly reminded of the ever diminishing BTC price. The flash in the pans, much like the general public, will be locked out of the price recovery as they won't hear about or see the rebound until it's panic buying time. And, that's if they're positioned correctly to be able to buy back in. Many people are living hand to mouth or paycheck to paycheck and won't have even a modest stake to be able to get much of a spin on their money when the time comes. Those who've held, accumulated or have their fiat at the ready for purchase are those that will be the biggest winners if one is keeping an eye on the BTC price going up.

Depression was in '29 right   Undecided
Possum577
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January 04, 2015, 12:21:47 AM
 #2413

I will be happier in the long term if bitcoin just finds a value and stays there. In the short term I want to get rich from bitcoin, in the long term I want an alternative to centralized slave money.

It found a value...the problem is that the value is less today than it was yesterday. What if Bitcoin found a value of $10 per BTC, would that still make you "happier in the long term"?

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January 04, 2015, 04:08:26 AM
 #2414

Bitcoin: The best house in an awful neighborhood.

Ask a litecoin or  . . .pfft . . . . Paycoin owner how they feel tonight.
picolo
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January 04, 2015, 12:21:40 PM
 #2415

I will be happier in the long term if bitcoin just finds a value and stays there. In the short term I want to get rich from bitcoin, in the long term I want an alternative to centralized slave money.

It found a value...the problem is that the value is less today than it was yesterday. What if Bitcoin found a value of $10 per BTC, would that still make you "happier in the long term"?

Bitcoin needs to have a huge market cap for the users to be able to store a lot of wealth in Bitcoin and move large sums of currency. A larger market cap increase the chances to have less volatility.


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January 04, 2015, 01:36:33 PM
 #2416

I will be happier in the long term if bitcoin just finds a value and stays there. In the short term I want to get rich from bitcoin, in the long term I want an alternative to centralized slave money.

It found a value...the problem is that the value is less today than it was yesterday. What if Bitcoin found a value of $10 per BTC, would that still make you "happier in the long term"?

Bitcoin needs to have a huge market cap for the users to be able to store a lot of wealth in Bitcoin and move large sums of currency. A larger market cap increase the chances to have less volatility.

It needs more people using it everyday as a payment system instead of miners dumping the coin as soon as they're mined.

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January 04, 2015, 01:59:18 PM
 #2417

It needs more people using it everyday as a payment system instead of miners dumping the coin as soon as they're mined.

Exactly. This is why PoS coins without inflation are not falling that much now and even rising BTC-wise.
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January 04, 2015, 02:07:02 PM
 #2418

It needs more people using it everyday as a payment system instead of miners dumping the coin as soon as they're mined.

Exactly. This is why PoS coins without inflation are not falling that much now and even rising BTC-wise.

I really really enjoy PoS tbh.  

Only started messing around with them since Just-dice started taking CLAM.

It seems to me it prevents a lot of economy leakage through electric bills and ancient miners (seriously when I look at a miner now days it reminds me of a 1970's printer.)

I imagine you'd have a large number of Bitcoin miners who would be seriously butthurt about PoS.  

Seems silly to expect BTC to go global and WANT to give that much money to the fat cat electric companies rather than reward your own kind.

I "mine" about a Bitcoin a day using PoS right now completely eco friendly and no huge electric bill.

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January 04, 2015, 04:47:20 PM
 #2419

It needs more people using it everyday as a payment system instead of miners dumping the coin as soon as they're mined.

Exactly. This is why PoS coins without inflation are not falling that much now and even rising BTC-wise.

I really really enjoy PoS tbh.  

Only started messing around with them since Just-dice started taking CLAM.

It seems to me it prevents a lot of economy leakage through electric bills and ancient miners (seriously when I look at a miner now days it reminds me of a 1970's printer.)

I imagine you'd have a large number of Bitcoin miners who would be seriously butthurt about PoS.  

Seems silly to expect BTC to go global and WANT to give that much money to the fat cat electric companies rather than reward your own kind.

I "mine" about a Bitcoin a day using PoS right now completely eco friendly and no huge electric bill.

Yeah, the PoW system is looking more nutty to me every day. It's not just the wastefulness, scalability, or the equipment cost in upgrades and failures but the fact that eventually it has to become centralized. I have been here through every 51% scare starting with Deepbit and understand this system just can't be controlled with "goodwill" anymore. The arguments for the wasteful energy use are always beaten down with the claim that the modern banking system uses at least that much energy or more to move money around. Aren't we trying to be better than the current system though? The "we're the same as they are" argument just seems stupid to me. I don't know if PoS is the answer but something needs to change.

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January 04, 2015, 04:50:57 PM
 #2420

The people who bought sizable quantities of BTC when this thread started did indeed become rich men. How I wish I were one of them.

Not really, some lost the lot with mtgox, some with bfl and the like, it's a case of grass is always greener.
Well if you had half a brain you should have known MtGox was really unthrusteable way before the disaster happened.
If you are holding big amounts of BTC in exchanges you know what can happen.

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