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Author Topic: I fell into the bear trap... three times.  (Read 2624 times)
Milkshake
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February 19, 2013, 11:27:02 PM
 #21

Protip from Milkshake: Long BTC forever with as much leverage as you can get.   Grin

Doubled my bitcoins

TradeFortress has left me negative trust and has provided no proof to substantiate his claim. He has done this to discredit me as I am investigating him.
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oakpacific
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February 20, 2013, 01:42:34 AM
 #22

My advice: learn to catch the bottom, not the top, the latter is a tricky business.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Nemesis
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February 20, 2013, 01:50:31 AM
 #23

Storm is coming... see that big wall ?

yeah this is another step... dont say i didnt warn you.
bitcon
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February 20, 2013, 02:02:07 AM
 #24

you should name the newborn Satoshi. Satoshi Dice. 
niko (OP)
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There is more to Bitcoin than bitcoins.


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February 20, 2013, 03:03:31 AM
 #25

Great advice, everyone!

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
johnyj
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February 20, 2013, 04:11:11 AM
 #26

Congratulations for becoming a true believer Cheesy

Nesetalis
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February 20, 2013, 07:50:13 AM
 #27

I know how you feel man, I've been lucky mostly, though this current market is making me twitch a little.

I feel a little bit itchy under the skin that I didn't wait for the price to go up higher... here I am sitting, watching the price climb skyward, we are almost breaking our all time record.

All in all though, I am content.
I purchased 20 back in december-ish for around 11USD a bitcoin, I sold them at 27USD the other day... that is a massive profit margin. Whether the price ever goes back down for me to turn those sold bitcoins back in to more bitcoins doesn't REALLY matter. I have the money in hand, I can use it, It doesn't go to waste, it was over double profit.

Plus I have a decent sized savings of bitcoins.

My idea was, I "know" the bitcoins are worth at least 20 right now, so if it gets below 20, I buy back in. If it hits 40$ I'll sell another 10 bitcoins. The only part I don't have a plan for is if it keeps rising beyond that. I don't believe it will yet, I "know" there is going to be a another crash sooner or later here, there "has" to be, right? Tongue This can't be an endless ramp, right? The price is skyrocketing so fast...

ZOMG Moo!
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February 20, 2013, 08:13:56 AM
 #28

it can't be an endless ramp, but 32 could easily become the new bottom.

i am satoshi
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February 20, 2013, 08:20:44 AM
 #29

The best two strategies seem to be either to go fully into becoming a trader, which means you have to develop your skills and may take a long time,
or just buy and hold.

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Nesetalis
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February 20, 2013, 09:39:52 AM
 #30

it can't be an endless ramp, but 32 could easily become the new bottom.
I remember thinking that last time too, that 25 was the new bottom. I actually sold 2 bitcoins for equivlant of around 40$ USD at the time, purely by luck, and 10 minutes later the market crashed XD

But now I look back, and 31 being the mtGox peak seems so low, I swear it was in the 40s.. but nope.

32 might be the new bottom, but I'm not going to buy in more just yet.

ZOMG Moo!
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February 20, 2013, 11:26:23 AM
 #31

last time, if you mean july 2011, 2 was the bottom. now it is about 20. look at the log chart, all the truth you need to know is there.

i am satoshi
istar
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February 20, 2013, 11:59:39 AM
 #32

Bitcoin only 16.000 subscribers on reddit.
Gangnam style from 0 to 1,337,768,313 views in a 6 months.
Trends on internet do explode if possible...

There will be articles if/once btc reach breaks $32.

There will be no more Bitcoin is dead articles unless Bitcoin really dies.
What reporter would want to look like a idiot proven wrong not only one time but two times?
 




Bitcoins - Because we should not pay to use our money
molecular
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February 20, 2013, 12:13:59 PM
Last edit: February 20, 2013, 09:32:33 PM by molecular
 #33

There will be no more Bitcoin is dead articles unless Bitcoin really dies.
What reporter would want to look like a idiot proven wrong not only one time but two times?

haha, lol. It seems to me one could find some of this kind of journalist.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
phatsphere
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February 20, 2013, 12:36:47 PM
 #34

What reporter would want to look like a idiot proven wrong not only one time but two times?
I'm 100% sure there are at least a few who think they are "correct" if they stick with the main-stream view, i.e. that only official and centrally issued money should be used and nothing else.
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this statement is false


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February 20, 2013, 09:00:27 PM
 #35

Protip from Milkshake: Long BTC forever with as much leverage as you can get.   Grin

Doubled my bitcoins



be careful. don't let greed blind you. learn from the OP; the flipside happens as well.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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