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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 507708 times)
randy8777
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March 23, 2015, 03:16:50 AM
 #2601

Many of the early adopters that I know have cashed out the amount that they initially invested so that they are left will all house money...and are just watching from the sidelines right now

bingo - this describes my situation perfectly. I actually have cashed out some of the house money also, but still hold a small amount. Mainly because I believe in the concept, but also to "give back" a little.

also to give back? what do mean with that. doing us a favour by holding coins to keep them off the market?
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ChuckBuck
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March 23, 2015, 12:57:32 PM
 #2602

Ahh the wealthy elite thread!  It always brings a grin to my face during this tough period of growth.

Knowing so many others are in the same boat, waiting for Bitcoin to develop...


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March 23, 2015, 01:02:37 PM
 #2603

Everytime I see this thread it just makes me wonder what Atlas is doing, if he's still into Bitcoin and if Matt still talks to him on Skype. 

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March 23, 2015, 04:48:29 PM
 #2604

Many of the early adopters that I know have cashed out the amount that they initially invested so that they are left will all house money...and are just watching from the sidelines right now

bingo - this describes my situation perfectly. I actually have cashed out some of the house money also, but still hold a small amount. Mainly because I believe in the concept, but also to "give back" a little.

What's house money? One thing I find interesting is what will happen if we see another massive boom price rise. Will many of the second wave of bitcoin investors cash out and then leave or will they keep holding? I think there's sadly a lot of get rich quicksters so many would likely dump their stash if we hit in excess of 1k again quite rapidly.
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March 23, 2015, 08:52:46 PM
 #2605

Many of the early adopters that I know have cashed out the amount that they initially invested so that they are left will all house money...and are just watching from the sidelines right now

bingo - this describes my situation perfectly. I actually have cashed out some of the house money also, but still hold a small amount. Mainly because I believe in the concept, but also to "give back" a little.

What's house money? One thing I find interesting is what will happen if we see another massive boom price rise. Will many of the second wave of bitcoin investors cash out and then leave or will they keep holding? I think there's sadly a lot of get rich quicksters so many would likely dump their stash if we hit in excess of 1k again quite rapidly.

i think that very thing - get rich quicksters - is part of what's holding a rapid rise back. they're desperate to profit, so they're selling a bit on any spike, thus shutting it down before it gathers steam. so we have more to overcome to really boom.

i still think it'll happen eventually, but my guess at time scales is totally destroyed. i figured for sure it'd happen by now. i'm glad it hasn't though - time for me to actually accumulate some!
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March 23, 2015, 09:37:40 PM
 #2606

I wish people would stop selling.
If we all HODL for a couple of years & limit supply the price would be great.

Guido
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March 23, 2015, 10:04:29 PM
 #2607

has a place in this thread for sure
https://bitcointalk.org/index.php?topic=1000698.new#new

merchant adoption is great, but has thus far took price down along with miners dumping every minute

new proper liquidity is imminent
https://bitcointalk.org/index.php?topic=1000698.new#new
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March 23, 2015, 10:12:45 PM
 #2608

I wish people would stop selling.
If we all HODL for a couple of years & limit supply the price would be great.

That is a good point why would all the whales and smaller traders keep selling and make money doesn't it sound stupid making money?

That is why they keep selling buddy because they are manipulating the market to their own selfish needs, once we get more adoption that will be harder for them to do but for now we just have to go with the flow and ride the waves knowing a lot of money is interested in this tech.

If there was a big need for Bitcoin and we all held sure it would rise because demand would be stronger but there is not quite the need at the moment, i hope there will be in future.
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March 23, 2015, 11:24:30 PM
 #2609

I wish people would stop selling.
If we all HODL for a couple of years & limit supply the price would be great.

That really might help but thats not gonna happen ever. We buy a currency so that we can move it around, buy stuff with it or other things.
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March 25, 2015, 02:56:46 AM
 #2610

To think that not so long ago I was paid 50 BTC for two hours of work.
holy crap.. great job?
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March 25, 2015, 03:05:10 AM
 #2611

It is far too early to say. And being elitist should not be a goal in of itself, but rather a consequence of good decision making and life practices. Education yourself (like we all did for Bitcoin) should be one such decision/life practice.
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March 25, 2015, 03:06:33 AM
 #2612

To think that not so long ago I was paid 50 BTC for two hours of work.
holy crap.. great job?

Check the posting date. That might've been about $50 back in the day.
Chef Ramsay
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March 25, 2015, 03:10:28 AM
 #2613

To think that not so long ago I was paid 50 BTC for two hours of work.
holy crap.. great job?

Check the posting date. That might've been about $50 back in the day.
And approximately .2 nowadays so this is a testament to the newer folks and what this coin can and likely will do going forward in terms of growth. Consider what buying 50 btc was back then and what it is now, go from there in the procedings.
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March 25, 2015, 08:30:38 AM
 #2614

Ahh the wealthy elite thread!  It always brings a grin to my face during this tough period of growth.

Knowing so many others are in the same boat, waiting for Bitcoin to develop...



To hell with waiting, I'm helping to make it happen Cheesy

www.incryptex.com

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
acquafredda
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Cold water with lemon


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March 25, 2015, 08:36:33 AM
 #2615

To think that not so long ago I was paid 50 BTC for two hours of work.
holy crap.. great job?

Check the posting date. That might've been about $50 back in the day.
And approximately .2 nowadays so this is a testament to the newer folks and what this coin can and likely will do going forward in terms of growth. Consider what buying 50 btc was back then and what it is now, go from there in the procedings.

That at least shows how flexible BTC might be but, man, 50 BTC for two hours of work.
Now it's just impossible to believe.

Those were nice times and they seem so far away from now.

But we're patient.
Smiley

Seneca said: “There is no favorable wind for the sailor who doesn’t know where to go“.
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March 27, 2015, 02:45:55 PM
 #2616

To think that not so long ago I was paid 50 BTC for two hours of work.
holy crap.. great job?

Check the posting date. That might've been about $50 back in the day.
And approximately .2 nowadays so this is a testament to the newer folks and what this coin can and likely will do going forward in terms of growth. Consider what buying 50 btc was back then and what it is now, go from there in the procedings.

That at least shows how flexible BTC might be but, man, 50 BTC for two hours of work.
Now it's just impossible to believe.

Those were nice times and they seem so far away from now.

But we're patient.
Smiley


Dude, I waited for months to buy my first bitcoins, and was kicking myself because the price doubled in that time frame. I bought my first batch at 6.5 cents. Pity I spent almost all of them before $1, I ended up missing out on most of the appreciation, even though they were more than 10 times as valuable.  There are very few investments in all of human history that compare to the first four years of Bitcoin.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
ChuckBuck
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April 08, 2015, 02:39:48 PM
 #2617

Ahh the wealthy elite thread!  It always brings a grin to my face during this tough period of growth.

Knowing so many others are in the same boat, waiting for Bitcoin to develop...



To hell with waiting, I'm helping to make it happen Cheesy

www.incryptex.com

Nice site!  Are you a partner or part of the staff, there? 

Looks like a nifty crypto exchange.

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April 09, 2015, 02:13:01 AM
 #2618

Ahh the wealthy elite thread!  It always brings a grin to my face during this tough period of growth.

Knowing so many others are in the same boat, waiting for Bitcoin to develop...



To hell with waiting, I'm helping to make it happen Cheesy

www.incryptex.com

Nice site!  Are you a partner or part of the staff, there? 

Looks like a nifty crypto exchange.

I'm part of the staff. Can't say a lot yet, but you ain't seen nothin' like it Cheesy

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
billotronic
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April 09, 2015, 02:18:13 AM
 #2619

Ahh the wealthy elite thread!  It always brings a grin to my face during this tough period of growth.

Knowing so many others are in the same boat, waiting for Bitcoin to develop...



To hell with waiting, I'm helping to make it happen Cheesy

www.incryptex.com

Nice site!  Are you a partner or part of the staff, there? 

Looks like a nifty crypto exchange.

I'm part of the staff. Can't say a lot yet, but you ain't seen nothin' like it Cheesy

Could you tell us if it was under pain of death?

This post sums up why all this bullshit is a scam
Read It. Hate It. Change the facts that it represents.
https://bitcointalk.org/index.php?topic=1606638.msg16139644#msg16139644
Anon136
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April 09, 2015, 06:24:08 AM
 #2620

Ahh the wealthy elite thread!  It always brings a grin to my face during this tough period of growth.

Knowing so many others are in the same boat, waiting for Bitcoin to develop...


To hell with waiting, I'm helping to make it happen Cheesy

www.incryptex.com

that website is bizonkers. i have literally never seen anything like that in my life. i didn't even know that was technically possible. did you guys hire freaking actors, photographers and cinematographers for the wallpaper of your website!?!?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? Is there any process, procedure or ritual through which an immoral action can be legitimately transformed into a moral one with out changing the character of the action itself?
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