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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 594785 times)
SolomonRising
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June 25, 2016, 11:31:13 PM
 #3321

Personally, I believe because of Britain leaving the EU and there currency being beaten I feel that BTC will gain more popularity.

That's just the beginning. 

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June 26, 2016, 12:11:00 AM
 #3322

Personally, I believe because of Britain leaving the EU and there currency being beaten I feel that BTC will gain more popularity.

That's just the beginning. 

Eh that may just be the beginning but the end is not much further also you really cant expect btc to go THAT far from just the British leaving the European union as a whole. That may bring it up like 5% tops... That really doesnt have that much affect on it.
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June 26, 2016, 04:01:04 AM
 #3323

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
Arriemoller
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June 26, 2016, 04:20:25 AM
 #3324

What the heck is a signature campaign?

Demokrati: Två vargar och ett lamm röstar om lunchmenyn.      Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen.  Freedom: A well armed lamb opposes the outcome.
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June 26, 2016, 05:17:11 AM
 #3325

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

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June 26, 2016, 09:17:17 AM
 #3326

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

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Cyaren
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June 26, 2016, 09:46:50 AM
 #3327

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

A lot of people here know barely anything about bitcoins which is 100% acceptable because this is a great place to START learning about bitcoins and if you really want to know more about bitcoins you should check out all of the sites on here because most of their "chatrooms" teach you very well how to learn about bitcoins, as long as you follow the chat rules you're good to go. make sure not to beg though that's just annoying.

SolomonRising
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June 26, 2016, 09:50:29 AM
 #3328


I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It's going way over $10,000.  Very very soon.

The fear of the LORD is the beginning of wisdom: and the knowledge of the Holy One is understanding.
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June 26, 2016, 10:26:59 AM
 #3329

What the heck is a signature campaign?


The below linked thread updates with various active signature campaigns currently running on Bitcointalk.

https://bitcointalk.org/index.php?topic=615953.0

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June 26, 2016, 10:30:12 AM
 #3330


I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It's going way over $10,000.  Very very soon.

I think this will have a big enough problem, because if the price of the bitcoin penetrate prices $ 10 k or above. Then this will have an impact on the security of the bitcoin may have vulnerabilities hackers. so we have to prepare the way for having no hacking
davis196
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June 26, 2016, 10:53:12 AM
 #3331

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

Let`s hope that btc price will reach 10,000$ one day.

If the black market adopts bitcoins,the governments might decide to ban btc.

I don`t want to rely on black markets to make bitcoins popular.

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June 26, 2016, 03:02:43 PM
 #3332

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

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June 26, 2016, 03:31:45 PM
 #3333

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

Why only 3 years?  Many of us probably bought bitcoins 6 years for single digits or even pennies..... I would say the percentage gains I've made over the years in btc would embarrass any legitimate savings scheme..... Maybe if you bought at $1200 you would be down at the moment but $1200 will easily be surpassed this year..... And ultimately... Those people will be glad if they held their btc

DEEPONION IS JUST  A SPAMMERS CAMPAIGN **not a real AIRDROP**
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June 26, 2016, 03:45:48 PM
 #3334

Unfortunately I don't have very much bitcoin right now so I don't know if I qualify. It's going to take me a long time to get 10 bitcoins if ever.

Set a goal and never give up.
I also have a long way to go, before getting a chance to have a balance above 10 BTC. Too many of mine were sold before the 2nd great bull market move.
Thanks for give support to newbie and begginer like me,i am still never give up to try reach my first whole bitcoin (1BTC)
So far i not yet have feeling as new wealthy gentelmen because just have little amount of bitcoin Grin

This is just an beginning mate, you can always work on it and try to grab as much coins possible for future, as price will be really high at that time which will make you wealthy gentleman for sure.

Yep, you can reach 1btc in no time as long as you work very hard, just run a few signature campaigns and make like half a btc a month and then bam in 2 months you have yourself a whole btc.

Hope this information helps you man good luck on your btc journey.

Would be easier and less annoying for the rest of the forum users if he just got a regular job and bought some bitcoins with his wages than spamming a forum thousands of times a month......

DEEPONION IS JUST  A SPAMMERS CAMPAIGN **not a real AIRDROP**
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June 26, 2016, 05:05:46 PM
 #3335

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

Why only 3 years?  Many of us probably bought bitcoins 6 years for single digits or even pennies..... I would say the percentage gains I've made over the years in btc would embarrass any legitimate savings scheme..... Maybe if you bought at $1200 you would be down at the moment but $1200 will easily be surpassed this year..... And ultimately... Those people will be glad if they held their btc

Because this entire conversation thread has been about people buying in now instead of buying into other investments. I made a shitload of money too. As user CornedBeefHash I remember mining a shitload at less than $2 a coin, being so happy when it went to over $15 a coin and so depressed when it crashed to $2 and stayed there for what seemed to be forever. I'm looking at average rate of return for a few years for the average investor. The good old days are over dude.

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June 26, 2016, 06:22:48 PM
 #3336

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

Why only 3 years?  Many of us probably bought bitcoins 6 years for single digits or even pennies..... I would say the percentage gains I've made over the years in btc would embarrass any legitimate savings scheme..... Maybe if you bought at $1200 you would be down at the moment but $1200 will easily be surpassed this year..... And ultimately... Those people will be glad if they held their btc

Because this entire conversation thread has been about people buying in now instead of buying into other investments. I made a shitload of money too. As user CornedBeefHash I remember mining a shitload at less than $2 a coin, being so happy when it went to over $15 a coin and so depressed when it crashed to $2 and stayed there for what seemed to be forever. I'm looking at average rate of return for a few years for the average investor. The good old days are over dude.

I remain optimistic or I wouldn't even be here, the first coins I bought about 6yrs ago  so I have made several thousand percent roi already (and I have not sold the majority of my coins but have taken significant profits out along the way )

I am still trading but mainly  hodling, I bought my most expensive coins ever a few days ago  in the bfx panic drop lol

All the disasters you listed are real, but could have been avoided if people had not trusted Mt gox as a "bank"  or been greedy enough to join the ponzi schemes that were offering a few % a day etc (I could list even more disasters that happened with investors cash so Bitcoin is not really less safe than the people you trust to look after it)

I keep private keys securely backed up in various forms and different physical  locations and I don't trust foreign unregulated exchanges to keep my funds.....

I think a price rise is enevitable but I don't think coins will double in value magically on the day of the halving.... More like the reduced supply will eventually push the price up over $1200 to a new ATH before  the end of the year 

the ethereum crisis will probably dump money back into btc too because whether they do a hard fork or not will result in some % of disgruntled users.... And the dao Funds may be released around the same date as the halving which will be interesting to see as I guess huge trust will be lost in eth/dao

To summarize, this is Gentlemen!  Wink









DEEPONION IS JUST  A SPAMMERS CAMPAIGN **not a real AIRDROP**
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June 26, 2016, 06:56:20 PM
 #3337

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

Why only 3 years?  Many of us probably bought bitcoins 6 years for single digits or even pennies..... I would say the percentage gains I've made over the years in btc would embarrass any legitimate savings scheme..... Maybe if you bought at $1200 you would be down at the moment but $1200 will easily be surpassed this year..... And ultimately... Those people will be glad if they held their btc

Because this entire conversation thread has been about people buying in now instead of buying into other investments. I made a shitload of money too. As user CornedBeefHash I remember mining a shitload at less than $2 a coin, being so happy when it went to over $15 a coin and so depressed when it crashed to $2 and stayed there for what seemed to be forever. I'm looking at average rate of return for a few years for the average investor. The good old days are over dude.

I remain optimistic or I wouldn't even be here, the first coins I bought about 6yrs ago  so I have made several thousand percent roi already (and I have not sold the majority of my coins but have taken significant profits out along the way )

I am still trading but mainly  hodling, I bought my most expensive coins ever a few days ago  in the bfx panic drop lol

All the disasters you listed are real, but could have been avoided if people had not trusted Mt gox as a "bank"  or been greedy enough to join the ponzi schemes that were offering a few % a day etc (I could list even more disasters that happened with investors cash so Bitcoin is not really less safe than the people you trust to look after it)

I keep private keys securely backed up in various forms and different physical  locations and I don't trust foreign unregulated exchanges to keep my funds.....

I think a price rise is enevitable but I don't think coins will double in value magically on the day of the halving.... More like the reduced supply will eventually push the price up over $1200 to a new ATH before  the end of the year 

the ethereum crisis will probably dump money back into btc too because whether they do a hard fork or not will result in some % of disgruntled users.... And the dao Funds may be released around the same date as the halving which will be interesting to see as I guess huge trust will be lost in eth/dao

To summarize, this is Gentlemen!  Wink









yes it is a fact and now the time is not too far that we will become the elite class gentle men with such a big amount of money and will enjoying and getting fun from the money and fulfilling our daily needs and all these things will only be possible because of the help of bitocin.
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June 26, 2016, 09:33:38 PM
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June 26, 2016, 11:47:57 PM
 #3339

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.
The owner behind Just-Dice has been involved in multiple multi-million dollar thefts from crowdfunded bankrolls. The owner of Just-Dice was never "officially" behind these sites, however he was involved to the point that he was telling people to gamble on these sites, was publicly investing in these sites' bankrolls (yet managed to not lose any money when the bankrolls were stolen), and was advertising for these sites.

I think it should be safe to say that any site that the owner of Just-Dice is involved in, including Just-Dice should be considered a scam
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June 27, 2016, 01:03:00 AM
 #3340

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.
The owner behind Just-Dice has been involved in multiple multi-million dollar thefts from crowdfunded bankrolls. The owner of Just-Dice was never "officially" behind these sites, however he was involved to the point that he was telling people to gamble on these sites, was publicly investing in these sites' bankrolls (yet managed to not lose any money when the bankrolls were stolen), and was advertising for these sites.

I think it should be safe to say that any site that the owner of Just-Dice is involved in, including Just-Dice should be considered a scam

He may have advertised it but that doesnt mean anything on his end, it's just getting paid to advertise. You think that actors on tv care what the product is and if it actually works? No they're just getting paid for the advertisement not the actual product sales.

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