BitcoinTate (OP)
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Activity: 224
Merit: 100
DigiByte Founder
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April 11, 2013, 10:43:13 PM |
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What are you doing when Gox re-opens?
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- aka The "DigiMan"
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dontek
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April 11, 2013, 10:50:02 PM |
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Gonna wait until the market dumps are in and aim to buy at the bottom.
This.
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Send me your Bitcoin and I will make sure to HODL it safe for you!
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hubbabubbabaker
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Activity: 98
Merit: 10
Sometimes - history needs a push.
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April 11, 2013, 10:50:49 PM |
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Already have bids set up at 30,20,and 10 just incase lag kicks in.
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"To know your Enemy, you must become your Enemy." -Sun Tzu
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NikolaTesla
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Activity: 28
Merit: 0
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April 11, 2013, 10:51:14 PM |
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Gonna wait until the market dumps are in and aim to buy at the bottom.
This. This.
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glendall
Legendary
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Activity: 2198
Merit: 1018
Buzz App - Spin wheel, farm rewards
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April 11, 2013, 10:51:54 PM |
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Holding for the long haul here.
If I had more $ that I could afford to gamble with I would buy as much as I could if it goes less than <$40 and stabilizes or starts to go up at all.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 11, 2013, 10:55:07 PM |
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i bought 1 @ 85 now This: Gonna wait until the market dumps are in and aim to buy at the bottom.
This. This.
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Zendata
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Activity: 42
Merit: 0
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April 11, 2013, 10:58:52 PM |
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i bought 1 @ 85 now This: Gonna wait until the market dumps are in and aim to buy at the bottom.
This. This. Definitely this.
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Vandroiy
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Activity: 1036
Merit: 1002
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April 11, 2013, 10:59:07 PM |
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The options don't cover a lot of cases.
I have already sold and have not yet decided whether to re-enter serious Bitcoin speculation -- apart from a few low catch-orders if something really crazy happens.
If this was a bubble top -- which it looks like -- we might get months of chaos and then more months of bust. I might be able to let the decision wait until later this year.
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BitcoinTate (OP)
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Activity: 224
Merit: 100
DigiByte Founder
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April 11, 2013, 11:54:37 PM |
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The options don't cover a lot of cases.
I have already sold and have not yet decided whether to re-enter serious Bitcoin speculation -- apart from a few low catch-orders if something really crazy happens.
If this was a bubble top -- which it looks like -- we might get months of chaos and then more months of bust. I might be able to let the decision wait until later this year.
Just added "i'm not sure"
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- aka The "DigiMan"
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Melbustus
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Activity: 1722
Merit: 1004
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April 12, 2013, 12:08:43 AM |
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Well, I'm done with Gox, but I just got a buy order through on Bitfloor. Looks like they're up one minute and down the next, though.
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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SlickMcFavorite
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Activity: 44
Merit: 0
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April 12, 2013, 12:10:33 AM |
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I ran out of fiat in the mid 100s -- so I have to decide if I should sell off as soon as Gox opens (in case I can buy back lower) or hold. Probably a combination
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NikolaTesla
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Activity: 28
Merit: 0
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April 12, 2013, 12:11:26 AM |
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Well, I'm done with Gox, but I just got a buy order through on Bitfloor. Looks like they're up one minute and down the next, though.
That seems to be the case with me too. They seem to be continuously fluctuating between 90 and 99, so I've just been playing the volatility, at least when the site is up.
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marcher5877
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April 12, 2013, 12:13:59 AM |
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Keep in mind the flaws of this poll:
1) It is in a bit coin forum so the population is heavily biased 2) The enormous motivation for the person that is going to sell to NOT post what is plans are in a public forum since that would just encourage others to sell, lowering the price and reducing his own profits.
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Kazu
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April 12, 2013, 12:16:46 AM |
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Keep in mind the flaws of this poll:
1) It is in a bit coin forum so the population is heavily biased 2) The enormous motivation for the person that is going to sell to NOT post what is plans are in a public forum since that would just encourage others to sell, lowering the price and reducing his own profits.
If others sell and you sell, if you are the first to put in that sell, you will make money and the price will drop so you can buy in at a lower price. If others buy and you buy, and you are the first to put in that buy, you will make money as the price will go up since others are buying. Saying what you are doing makes perfect sense, as long as you inform others a couple of minutes after you place your own order.
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revans
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April 12, 2013, 12:20:53 AM |
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Won't be buying any above $1
I actually want to use bitcoin as a currency, not a get rich quick scheme.
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Elwar
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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April 12, 2013, 12:21:48 AM |
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Spend
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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BitcoinAshley
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April 12, 2013, 12:31:11 AM |
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Won't be buying any above $1
I actually want to use bitcoin as a currency, not a get rich quick scheme.
So basically, you don't understand economics/exchange rates/currency value at all? 1 bitcoin being equal to $1 has absolutely no bearing on its use as a currency. 1 USD is an arbitrary value. In 1900 one US dollar was worth many times what it is today. Why shouldn't a bitcoin be worth $10 or $45 $100, i.e. what a dollar may have been worth (adjusted for REAL INFLATION) in, say, 1850? Or why not $10,000? The idea of "one whole bitcoin" being equal to an arbitrary USD amount that "revans" is comfortable with is simply a psychological limit and has absolutely no effect on bitcoin's viability as a currency. Heck, in the Satoshi client, the bitcoin isn't even stored with a decimal point, it is simply a long string of integers and the client adds the decimal in so we can comprehend it. You might as well say that whatever million Satoshis should equal $1 but then you sound like even more of an idiot. Please, understand the fundamentals of number theory and monetary exchange rates and real inflation before you place an arbitrary value on "what you think 'One Whole Bitcoin' (i.e. n million satoshis) should be worth before it is usable as a currency." Heck, why $1 and not 1 Yen or 1 Peso or 1 Remnibi? Think before you say ridiculous things Why shouldn't 1 mBTC = $1 or 1 uBTC = 1 CND or 1 Satoshi = 1 shilling? WTF mate.
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kalinka
Member
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Activity: 106
Merit: 10
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April 12, 2013, 12:35:03 AM |
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I spent my 1.5 bitcoins on a refurbished 160 gb playstation 3, off bitmit (I have something like .05 left, but most of them are spent). I'm decently happy with that purchase now though at the time I had made that purchase when it was at $141 and by the next day gained over 100 more..
I still plan on investing more once I get a job. We will see.
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jojo69
Legendary
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Activity: 3304
Merit: 4574
diamond-handed zealot
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April 12, 2013, 12:38:33 AM |
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getting the fuck off of gox?
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable. Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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revans
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April 12, 2013, 12:40:42 AM |
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Won't be buying any above $1
I actually want to use bitcoin as a currency, not a get rich quick scheme.
So basically, you don't understand economics/exchange rates/currency value at all? 1 bitcoin being equal to $1 has absolutely no bearing on its use as a currency. 1 USD is an arbitrary value. In 1900 one US dollar was worth many times what it is today. Why shouldn't a bitcoin be worth $10 or $45 $100, i.e. what a dollar may have been worth (adjusted for REAL INFLATION) in, say, 1850? Or why not $10,000? The idea of "one whole bitcoin" being equal to an arbitrary USD amount that "revans" is comfortable with is simply a psychological limit and has absolutely no effect on bitcoin's viability as a currency. Heck, in the Satoshi client, the bitcoin isn't even stored with a decimal point, it is simply a long string of integers and the client adds the decimal in so we can comprehend it. You might as well say that whatever million Satoshis should equal $1 but then you sound like even more of an idiot. Please, understand the fundamentals of number theory and monetary exchange rates and real inflation before you place an arbitrary value on "what you think 'One Whole Bitcoin' (i.e. n million satoshis) should be worth before it is usable as a currency." Heck, why $1 and not 1 Yen or 1 Peso or 1 Remnibi? Think before you say ridiculous things Why shouldn't 1 mBTC = $1 or 1 uBTC = 1 CND or 1 Satoshi = 1 shilling? WTF mate. It has nothing to do with that. I'm just not prepared to tie up significant capital in such a volatile medium of exchange. At a dollar each there is a much more limited down side than at fifty.
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