Domrada
|
|
March 02, 2013, 02:33:04 PM |
|
Wow this is actually a really sad story. Here's a guy who wanted to be in bitcoin, but foolishly sold out in the single digits, and has been doing desperate mental gymnastics ever since to keep hope alive that he'll be able to get back what he threw away. My heart goes out to him.
|
|
|
|
Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
|
|
March 02, 2013, 02:42:55 PM |
|
Wow this is actually a really sad story. Here's a guy who wanted to be in bitcoin, but foolishly sold out in the single digits, and has been doing desperate mental gymnastics ever since to keep hope alive that he'll be able to get back what he threw away. My heart goes out to him.
Or... Here's someone who's desperately trying to undermine Bitcoin from within, and thinks what he says on a silly little forum makes a difference... Still sad
|
|
|
|
oOoOo
|
|
March 02, 2013, 03:37:33 PM |
|
The case for bitcoin is pretty compelling, and the more people who know about it and appreciate its value, the higher the price will go. That's something that's really hard to predict, and it mitigates my concerns that this is a bubble.
Sure, but I think it's inevitable that media exposure will get much wider than it is now, and when you have millions of people interested in bitcoin, then even if half of the entire bitcoin supply were on the market, I think the price would still go up considerably. I think it's likely that we'll reach that point.
This is kind of what I'm beginning to think is going on. We've all just underestimated the exposure and the interest people have in bitcoin. Interest may be increasing more than the community thought a few weeks ago, and, as a result, the population of buyers has increased sufficiently relative to the supply. In which case, this isn't a speculative bubble.
Well, on the bright side, now it's official, bitcoin is a currency. Next up, Amazon.
Based on an average 12% increase in the exchange rate every difficulty (which, BTW, I actually think is overly optimistic by quite a lot) we'll reach $10 sometime in August and $100 sometime in March 2012.
|
|
|
|
oakpacific
|
|
March 02, 2013, 03:39:19 PM |
|
The case for bitcoin is pretty compelling, and the more people who know about it and appreciate its value, the higher the price will go. That's something that's really hard to predict, and it mitigates my concerns that this is a bubble.
Sure, but I think it's inevitable that media exposure will get much wider than it is now, and when you have millions of people interested in bitcoin, then even if half of the entire bitcoin supply were on the market, I think the price would still go up considerably. I think it's likely that we'll reach that point.
This is kind of what I'm beginning to think is going on. We've all just underestimated the exposure and the interest people have in bitcoin. Interest may be increasing more than the community thought a few weeks ago, and, as a result, the population of buyers has increased sufficiently relative to the supply. In which case, this isn't a speculative bubble.
Well, on the bright side, now it's official, bitcoin is a currency. Next up, Amazon.
Based on an average 12% increase in the exchange rate every difficulty (which, BTW, I actually think is overly optimistic by quite a lot) we'll reach $10 sometime in August and $100 sometime in March 2012.
This is what is really interesting, it's almost like after June 2011 his account got hacked.
|
|
|
|
cypherdoc
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 02, 2013, 03:56:39 PM |
|
i'm quite sure he was referring to me. alot of idiots were calling me a "bagholder" in Nov 2011: Admitting you are right a few months ago has served me well. Thankfully there have been enough bag holders resisting the obvious.
|
|
|
|
oakpacific
|
|
March 02, 2013, 04:03:13 PM |
|
This is what is really interesting, it's almost like after June 2011 his account got hacked.
Nah. The bubble popping was traumatizing for him. Now he just wanders around senselessly crying wolf. I would not go trolling and mocking other people after getting traumatized.
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
March 02, 2013, 04:06:35 PM |
|
Wow this is actually a really sad story. Here's a guy who wanted to be in bitcoin, but foolishly sold out in the single digits, and has been doing desperate mental gymnastics ever since to keep hope alive that he'll be able to get back what he threw away. My heart goes out to him.
1J2vNsLTeKgbg6xz1B5gp6VHSvkEWKibT8
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
|
cypherdoc
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 02, 2013, 04:16:11 PM Last edit: March 02, 2013, 04:32:46 PM by cypherdoc |
|
talk about feeding the troll! geez, what am i after taking the brunt of his trolling back in Fall 2011? chopped liver? proudhon must be smarter than we're all giving him credit for!
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
March 02, 2013, 04:23:47 PM |
|
<steps out of character for a moment> That was really nice of you, but I'm mostly joking around here. Post an address you want that money sent back to and I'll send it back. Otherwise, I'll donate it to the Bitcoin Foundation.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
cheat_2_win
|
|
March 02, 2013, 04:33:18 PM |
|
talk about feeding the troll! geez, what am i after taking the brunt of his trolling? chopped liver? proudhon must be smarter than we're all giving him credit for! He is just trolling in this forum. He is bull in his heart and already has his coins in paper wallet stashed somewhere. (I cannot find the post where he mentions that.)
|
|
|
|
cypherdoc
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 02, 2013, 04:33:29 PM |
|
proudhon, aren't you still holding some BTC in your offline wallets?
|
|
|
|
Transisto
Donator
Legendary
Offline
Activity: 1731
Merit: 1008
|
|
March 02, 2013, 04:57:59 PM |
|
Proudhon was an early adopter of my ignore list.
|
|
|
|
steamboat
|
|
March 02, 2013, 05:02:12 PM |
|
proudhon, aren't you still holding some BTC in your offline wallets?
Proudhon consistently makes the worst investing calls in the history of this forum All joking aside, I am 93.76% certain he has a significant store of coins somewhere and plays the skeptic very very well. I applaud proudhon for being such a committed, and more importantly intelligent, troll. I don't have proof but his success rate calling market movements, if you follow the opposite of what he posts is higher than most; something some of the veterans have begun to pick up on.
|
|
|
|
cypherdoc
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 02, 2013, 05:13:44 PM |
|
Proudhon was an early adopter of my ignore list.
if you mean he made it onto your ignore list, then so did i.
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
March 02, 2013, 05:52:28 PM |
|
Does the forum not tell you when you're being ignored anymore? At one point (maybe a few months ago) it said something like "5 to 10 ignores" under my avatar. Now it doesn't say I'm ignored at all.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
March 02, 2013, 05:53:57 PM |
|
proudhon, aren't you still holding some BTC in your offline wallets?
Yes. I still have some bitcoins. I'll probably buy more when we dip into the single digits again.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
|
March 02, 2013, 06:19:05 PM |
|
proudhon, aren't you still holding some BTC in your offline wallets?
Yes. I still have some bitcoins. I'll probably buy more when we dip into the single digits again. Yeah, the rally is losing some steam, isn't it?
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
March 02, 2013, 07:18:17 PM |
|
Otherwise, I'll donate it to the Bitcoin Foundation.
Ok we can make you the jar bin of speculation subforum for the foundation donations then!
|
i am satoshi
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
|
March 02, 2013, 08:28:41 PM |
|
proudhon, aren't you still holding some BTC in your offline wallets?
Yes. I still have some bitcoins. I'll probably buy more when we dip into the single digits again. lol. Nice one I'm sure you're holding a lot more coins than everyone around here is assuming too. And at least you're not a horrible troll. I just read your posts in an Eeyore voice
|
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
|
|
|
|