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Author Topic: 2011 survivors club  (Read 5053 times)
rograz
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April 11, 2013, 12:14:16 PM
 #21

I'm not impressed by my post/day average I must say, I guess I'm a classical lurker Tongue

SlaveInDebt
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April 11, 2013, 12:14:21 PM
 #22

I was born from 2011, basically.

With a rebirth occurring now.

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
smoothie
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April 11, 2013, 12:14:25 PM
 #23

I was born from 2011, basically.

You will die (your forum persona) in 2014 because of the bull run.  Roll Eyes

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piramida
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April 11, 2013, 03:55:48 PM
 #24

It does look familiar. However, I don't believe in a long slow slide, that one was boring. This time bitcoin should play something more exciting, a long period of uncertainty maybe where bulls and bears would be playing king of the hill on a monthly rotation? Just like stock market, only wilder. That would be fun.

i am satoshi
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April 11, 2013, 03:58:23 PM
 #25

It does look familiar. However, I don't believe in a long slow slide, that one was boring. This time bitcoin should play something more exciting, a long period of uncertainty maybe where bulls and bears would be playing king of the hill on a monthly rotation? Just like stock market, only wilder. That would be fun.

A daytraders dream come true.
YoYa
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April 11, 2013, 04:04:25 PM
 #26

I remember watching my money triple and cackling like a madman at night in 2011, then I started learning.

Don't suppose anyone's seen Nagle yet?  Tongue Tongue Tongue

Any moment now, or his successor, I'm looking forward to that, Bring on the FUD!
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April 11, 2013, 04:05:01 PM
 #27

I remember watching my money triple and cackling like a madman at night in 2011, then I started learning.

Don't suppose anyone's seen Nagle yet?  Tongue Tongue Tongue

Any moment now, or his successor, I'm looking forward to that, Bring on the FUD!
Oh Nagle, long gone.
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April 11, 2013, 04:09:42 PM
 #28

Any moment now....

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April 11, 2013, 04:12:18 PM
 #29

I've been a Bitcoin enthusiasts and miner since March of 2011, I've traded a little, lost 2/3s of my coin calling a bubble at $15 on the way up to $200.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
meanig
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April 11, 2013, 04:15:53 PM
 #30

I survived the boom and bust of 2011 without breaking a sweat because I'm certain Bitcoin is the future of exchange.

Just wait until another EU country (I'm looking at you Ireland, Slovenia, Portugal) needs a bail in and the Bitcoin rocket will resume.
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April 11, 2013, 04:28:14 PM
 #31

I've been in since Q1 '11.

It's not that tough to survive all this shit, if you aren't doing stupid stuff.  It's kind of a drag when a buy-and-hold strategy means you have to hang on for longer - but whatever.  In the meantime, I still buy bitcoin with fiat whenever I want to buy something that's available for bitcoin - and buy some extra to hang onto for every purchase.

This one has been pretty exciting though.  Glad I sold a few for my upcoming vacation - at $236-240 - before it hit the fan.  Dumb luck.

Dankedan: price seems low, time to sell I think...
KeyserSoze
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April 11, 2013, 04:38:45 PM
 #32

Obtained my first BTC during the $4-$20 rise/fall. Managed to hold onto a few to play with during this rise/fall, though Gox has abruptly ended some of the fun. Fortunately there are other exchanges. Already looking forward to the next bubble.

I used to day trade Bitcoin successfully. Then I took an arrow to the knee.
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April 11, 2013, 04:52:41 PM
 #33

I started getting involved with Bitcoin when it was at 9$ and on it's run up to 31$. Didn't make a bitcointalk account until a bit later, but I must say I'm enjoying my time around here:

Total time logged in: 30 days, 6 hours and 57 minutes.

Never been banned either Grin

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
kokjo
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April 11, 2013, 04:59:08 PM
 #34

Never been banned either Grin
i have been! and it was fun! Cheesy

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
sgbett
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April 11, 2013, 05:01:56 PM
 #35

Bought in at around $1 back when it was paypal gifts, and a good set of balls(/stupidity).

Sold bits on the way up to 32, becuase just like recently, it was going to high too fast.

Bought back in on the way down (too early, and not enough at the bottom because i was too chicken!) what I'd sold was up. Zhoutonged for $700 on bitcoinica lockout. Was still a bit up.

Held tight, sold bits on the way up to $266, even counting the bitcoinica loss I am several thousand dollars in profit now. Still have half my coins. Gonna be sitting tight and hold until the next bubble. Probably won't buy unless we go super low (sub $30 again). Still beleive BTC is going to the moon 10-100k per coin, and I'm happy to wait.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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TomRado
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April 11, 2013, 05:10:59 PM
 #36

Mined some coins before the 2011 bubble but didn't even make an account on any exchange. Saw the bubble build and burst and kept my coins. Almost forgot about my coins, luckily remembered when we hit the previous ATH.
Then there was a time in the last weeks when i was actually below the amount of coins i went in from mining due to bad daytrading - staying short when prices jump up 30% - but things were moving way to fast. Now it feels like just holding might not always be the best strategy Grin

As long as the price doesn't jump above 250 Euros before I get the chance to buy back in I'm feeling fine.

http://www.youtube.com/watch?v=Z0GFRcFm-aY
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April 11, 2013, 05:22:50 PM
 #37

Bought all the way down from the 2011 crash. Will continue to buy these days as long as nothing actually fundamental to bitcoin changes for the negative.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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April 11, 2013, 05:36:54 PM
 #38

Looks like I have the oldest account here  Cool Was here a long time ago, but didn't get involved in bitcoin much until after 2011 crash. Started seriously investing into it at the end of 2011, but sold most of them in February and March (not at the top unfortunately). Looking forward to buy some more after the price stabilizes. I don't think it will be in next couple of months though, there's still a long way downwards.
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April 11, 2013, 05:40:46 PM
Last edit: April 12, 2013, 06:00:07 AM by SlipperySlope
 #39

I joined in June 2011, having solved two blocks myself with a CPU miner back in 2010. Last time around, I commented mainly on small scale GPU mining rigs, mining pools, and then some swing trading down the backside of the 2012 June bubble peak. This time around I was able to better time the peak, and half of my spread out, pre-positioned sell/buy-back limit orders on Mt.Gox executed, netting me a double on the small number of coins risked.

Timing a bitcoin peak is perhaps more knowable given that the 2011 Survivors Club members have seen two of them. There are common attributes that stand out ...

  • Several months of monotonically increasing price growth, including multiple doublings
  • Increase in the doubling rate. In Bubble 1 - June 2011, the price doubled in a single day at the peak. In Bubble 2 - this one, the price doubled in seven days at the peak.
  • The very large number of new investors, and the explosion of buy orders.
  • Problems at Mt.Gox occurred during the crash phase.
May I have the wisdom to survive the next bubble.
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April 11, 2013, 05:51:09 PM
 #40

Remember how people were always saying that Bitcoin would never see single-digits again? And how, even if it did, it would be for a very short period because everyone would want to buy at that price?

Good times...

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