2011 survivors club

[rograz]

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

[1715328019]

1715328019

[1715328019]

1715328019

[SlaveInDebt]

I was born from 2011, basically.

With a rebirth occurring now.

[smoothie]

I was born from 2011, basically.

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

[piramida]

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.

[ElectricMucus]

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]

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? 

Any moment now, or his successor, I'm looking forward to that, Bring on the FUD!

[NamelessOne]

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? 

Any moment now, or his successor, I'm looking forward to that, Bring on the FUD!

Oh Nagle, long gone.

[YoYa]

Any moment now....

[Adrian-x]

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.

[meanig]

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.

[BTC Books]

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.

[KeyserSoze]

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.

[Mushoz]

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

[kokjo]

Never been banned either

i have been! and it was fun!

[sgbett]

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.

[TomRado]

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

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

[Melbustus]

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.

[GeoRW]

Looks like I have the oldest account here  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.

[SlipperySlope]

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.

[Maged]

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...