We'll be back to $13-14 by end of week. Know how I know?

[1Referee]

This is absolutely insane. Pumping threads like this is good from time to time, it shows historical evidence of weak hands selling too soon.

Can anyone "pump" the thread where kwukduck admits he sold at such prices too? That would be an amazing thread worthy of getting a sticky in this section, to constantly remember him of how he has turned into what is nowadays left from him.

It's amazing how we are speculating about whether or not the price will fall back to below $1000 again, where back in the days people had the same things to talk about, but then on whole different price levels. But still, I am very proud of myself that I still hold some of my early 2013 $20-$25 coins. It feels very weird as back then when the price went up to $50, then $60, then $70, etc. that I was just waiting for the price to come down again to buy back some coins. But hey, we can't predict what will happen in the future.

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[sartorpc]

omg, I just read this thread, insane low prices in 2011, I wish I knew about bitcoin before, lucky the ones who knew when it started, some of you must be millionaires by now?

[Febo]

This was appropriately bumped. We'll be back there soon. All the data is pointing to an epic crash to round out the long term downtrend we've been in.

Wow, you're like the anti-hodler lol
Any tech/charting to back your statement?
Or... just cynical, idk cant tell.. :/

Proudhon? Just a comedian.

Thanks for clearing that up. And yes, he's doing a great job, comedy gold.

He is more famous then Satoshi. The proudhon song

[molecular]

He is more famous then Satoshi. The proudhon song

By some coincidence I just found this odd pic on my drive:



I don't remember what the joke was...

[zimmah]

omg, I just read this thread, insane low prices in 2011, I wish I knew about bitcoin before, lucky the ones who knew when it started, some of you must be millionaires by now?

Some of them are, but many of them forgot their keys, sold all their bitcoins while they were still cheap, or lost them on exchanges (mostly MtGox which was the main exchange back then).

[BitcoinBarrel]

omg, I just read this thread, insane low prices in 2011, I wish I knew about bitcoin before, lucky the ones who knew when it started, some of you must be millionaires by now?

Some of them are, but many of them forgot their keys, sold all their bitcoins while they were still cheap, or lost them on exchanges (mostly MtGox which was the main exchange back then).

Also invested in ButterflyLabs

[cellard]

He is more famous then Satoshi. The proudhon song

By some coincidence I just found this odd pic on my drive:



I don't remember what the joke was...

That's hilarious, we'll keep seeing more and more threads like this as historical evidence of people failing to hold long term and selling too early. Some people just never learn. Once we are at $10,000, we will look at everyone saying how $10,000 would never happen, that will be fun.

[aesma]

Really it depends on why you're selling. If you need that money, you need it, money is made to buy stuff you need.

I will probably sell in a few months to help finance a house, if after that BTC goes to the moon before I have the opportunity to buy again, too bad, but I won't regret having a house.