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Author Topic: How does it feel to have bought bitcoins over $80 earlier?  (Read 1289 times)
yokosan
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CrowdWiz - Investing Liberated


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April 12, 2013, 11:23:41 AM
 #1

No, I'm not serious.

Stop these stupid threads.

Just read these: http://www.reddit.com/r/Bitcoin/comments/1bzso1/all_you_speculators_who_sold_at_200/c9bptf3

These are from TWO DAYS AGO.

Quote
I was pumped when I got more yesterday at under $200... I was waiting for my bank transfer to go through, worried I'd miss my chance, but it got there just in time.
Every day is an all time high now. There's no turning back.

LOL


Quote
this is just the beginning of the bubble, wait for the mainstream to get in.

How's that going for you, buddy?


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i doubt it will ever go below 100 dollar again.

Wow, you are clever.


Quote
No one wants to hear this but there are structural differences between the dot coms and housing market and a commodity speculation like bitcoin. Dot coms and housing are forced into 0 valuation by bankruptcies and mortgagor defaults. When a company or a homeonwer run out of money, it has a real negative effect on the security backing them. Investors had no choice but to revalue to lower or even 0 their stocks and MBS. In the case of bitcoin, as in the case of gold, nothing forces the value to 0. This means that it can bubble to a ridiculous price and then just taper off and hold for years because people are not forced into a capitulation. Then demand catches up and it starts to rise again.
This is why it is super risky to short commodities even if they are in an obvious bubble. The market can remain irrational longer than you can remain solvent.

That one is my personal favorite. A+ for effort.



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marhjan
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April 12, 2013, 11:25:15 AM
 #2

LOL - but really Smoothie....  how does it feel?  ;-)

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HappyBitCoinUser
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April 12, 2013, 11:38:12 AM
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P_Shep
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April 12, 2013, 11:40:15 AM
 #4

Feels like shit :/

Saw the price collapsing, but didn't manage to log in in time to cancel the buy order at @220 I had set a day earlier. I was literally seconds too slow!

Poops big time :/
arepo
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this statement is false


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April 12, 2013, 01:35:38 PM
 #5

this place has been a sicklied o'er shithole. im excited to see more rationality in the coming months.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
niko
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April 12, 2013, 01:39:59 PM
 #6

Feels great, since I sold some at $160 and $220, then bought back same coins at $88-$92, and walked away with extra dollars. I'll let you think about it.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
HappyBitCoinUser
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April 12, 2013, 01:42:11 PM
 #7

Made $18k, could have made $30k, oh well.

Does that mean that someone else lost that much?

ehoffman
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April 12, 2013, 01:52:42 PM
 #8

Made $18k, could have made $30k, oh well.

Does that mean that someone else lost that much?

You know, I made around $9K and I was thinking the exact same thing.  I can't stop feeling I took someone else money Roll Eyes  Thanks anyway, whoever you were Grin

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