afbitcoins
Legendary
 Offline
Activity: 2101
Merit: 1061
|
 |
April 01, 2013, 07:24:50 AM |
|
In the short term I'm thinking bitcoins will probably keep going up,might be hard to continue sitting on the sidelines if you are missing some big moves up in price. However I'm thinking the price will fall down hard at some point. Only time will tell if you were right to sell now or not. I'm holding mine for now.
|
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
April 01, 2013, 07:32:53 AM |
|
Someone has to sell, otherwise we'll shoot straight up, not healthy. So - thanks.
|
i am satoshi
|
|
|
shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
|
|
April 01, 2013, 07:37:51 AM
Last edit: April 01, 2013, 07:50:57 AM by shmadz |
|
as a fellow miner, I sold way too much, at way too cheap over the last couple years.
normally I would sell on the way up, to pay the bills, and put aside some to buy on the dips...
Man, I miss those dips.
I don't have any fancy charts or TA or anything, but I have a feeling that we'll take a breather at the +/- 100 level, but after that, we could see another steep rise.
This deal in Cypress is more serious than I thought. I think this is just the beginning.
*totally ridiculous prediction? 200 before the end of April*
:edit: forgot to mention, taking profit is a good thing, it's a necessary thing, and $94 is a pretty good haul... BUT, I have adopted the strategy of selling half, and keeping half.
this way, I can still pay the bills, and I've recouped my initial investment. Yet, I have a little skin in the game just in case this thing really takes off.
|
"You have no moral right to rule us, nor do you possess any methods of enforcement that we have reason to fear." - John Perry Barlow, 1996
|
|
|
|
thoughtfan
|
|
April 01, 2013, 10:40:40 AM |
|
Did I make a mistake? How much is bitcoin expected to go up in a week? Month? I do need the money to pay bills ...
If you need the money to pay the bills then how is it a mistake and why is it even a question?! If you have chosen to get out now having held on for some time whilst nervous of the price going down then well done  You have done well and have now departed making it that much easier for others to get in the game. If Bitcoin was for you just a fun thing to do for a while to help subsidise your time in college then good for you (assuming it was not against the terms of your college to use their electricity for your gain). You were lucky to have done it at the period you did. If you've sold all now then I guess you're not seeing the bigger picture which is fine. I'll wish you the best with your future Unless you're upgrading to ASICs chances are you're unlikely to be mining very much for much longer so maybe it would be an idea to expect no more fiat from the sale of Bitcoin and just keep the remainder that you get from mining for the long term - just in case the price continues to go parabolic. |
|
|
|
|
zedicus
Legendary
Offline
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
|
|
April 01, 2013, 12:07:00 PM |
|
its going down right now! @ 98!!
|
|
|
|
|
|
|
yokosan
|
|
April 01, 2013, 12:18:19 PM |
|
Probably the biggest mistake you have made, and will ever make, in your entire life. Just like when I sold tons <$10.
Welcome to the dark side of Bitcoin.
|
|
|
|
|
Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
|
|
April 01, 2013, 12:21:02 PM |
|
What is this "selling BTC" you speak of?  |
|
|
|
|
|
|
zedicus
Legendary
Offline
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
|
|
April 01, 2013, 12:35:16 PM |
|
With ops luck ... 100 in 5 min! Ladies and gentlemen, please hold on to anything!!   |
|
|
|
Amitabh S
Legendary
Offline
Activity: 1001
Merit: 1003
|
|
April 01, 2013, 01:14:37 PM |
|
I refuse to believe that you sold all your bitcoins. But just in case you did:  |
|
|
|
|
ragingazn628 (OP)
|
|
April 01, 2013, 01:58:52 PM |
|
Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".
I still hae 15BTC left. |
|
|
|
|
JordanL
Donator
Sr. Member
Offline
Activity: 294
Merit: 250
|
|
April 01, 2013, 02:06:13 PM |
|
It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.
I'm quoting you on this  Thanks. |
|
|
|
|
|
BIGMERVE
|
|
April 01, 2013, 02:06:28 PM |
|
Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".
I still hae 15BTC left. So you lied in the title. Everyone abandon thread OP lied.  |
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
April 01, 2013, 02:10:21 PM |
|
We all missed something in the OP - congratulate the poster on his extreme bravery. He needs money to pay the bills - meaning, *all* of his money was in bitcoin. Not something many of us here have the balls to do |
i am satoshi
|
|
|
|
ragingazn628 (OP)
|
|
April 01, 2013, 02:10:55 PM |
|
Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".
I still hae 15BTC left. So you lied in the title. Everyone abandon thread OP lied. not really I dug around and found some coins laying around |
|
|
|
|
justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
|
|
April 01, 2013, 02:14:05 PM |
|
We all missed something in the OP - congratulate the poster on his extreme bravery. He needs money to pay the bills - meaning, *all* of his money was in bitcoin. Not something many of us here have the balls to do Since about a month ago I keep 95% of my liquid assets in bitcoin. The 5% in dollars is just enough to meet my living expenses. |
|
|
|
|
Amitabh S
Legendary
Offline
Activity: 1001
Merit: 1003
|
|
April 01, 2013, 03:54:01 PM |
|
Even 95% is too much. I'd say do not keep more than 50% of your liquid funds in BTC.
|
|
|
|
Amitabh S
Legendary
Offline
Activity: 1001
Merit: 1003
|
|
April 01, 2013, 03:55:52 PM |
|
not really I dug around and found some coins laying around Where were they? |
|
|
|
DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
|
|
April 01, 2013, 04:08:07 PM
Last edit: April 01, 2013, 04:26:15 PM by DoomDumas |
|
with all the mess in the world economy, mass media starting to talk about BTC, 1000$ before 2014 is'nt impossible.. http://rt.com/news/bitcoin-challenge-dollar-currency-121/-- I've sold a lot @ 100 to buy my truck ! 1996 Chevy CK2500 HD (my biodiesel tank) I've buy few BTC Sticker to put on it ! |
|
|
|
|
|
