|
massivebitman (OP)
|
 |
April 16, 2013, 11:06:53 AM |
|
So with the price drop, there must be a few people who've lost a lot of money.
It'd be interesting to see how much money people have actually put into this thing. Perhaps we could calculate a value of the coin based on all the $ that have been pumped in, vs those that have been pumped out.
Not an accurate value obviously.. Just a guess at how much people can afford it to go down
|
|
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
ruski
|
 |
April 16, 2013, 11:09:56 AM |
|
More options, please? I bought up in more than one of those ranges.
|
|
|
|
Miz4r
Legendary
 Offline
Activity: 1246
Merit: 1000
|
|
April 16, 2013, 11:15:45 AM |
|
I bought in from $140 and up while we were riding up the bubble, then saw the panic and decided to hold for a while hoping it would just be a small correction. Turned out it wasn't, so sold some at $144 but stupidly bought back in at $125 (the bull in me is too strong :p). I've been riding the waves since then and in total I lost about 50% of my investment if I would cash out right now. I'm not too worried though, I am enjoying this rollercoaster ride far too much and I still have confidence in bitcoin in the long run. Another 'Cypress' could be just around the corner and who knows what will happen then.  |
Bitcoin = Gold on steroids
|
|
|
|
yokosan
|
|
April 16, 2013, 11:17:55 AM |
|
Lost money? ROFL.
Just bought Gallardo which was covered in full by money made in less than a month... having the time of my life right now.
|
|
|
|
|
|
roomservice
|
|
April 16, 2013, 11:18:50 AM |
|
I'am missing "BOUGHT UP TO $2 USD" so can't vote  |
"Tonight's the night. And it's going to happen again, and again. It has to happen. Nice night."
|
|
|
|
massivebitman (OP)
|
|
April 16, 2013, 11:19:24 AM |
|
More options, please? I bought up in more than one of those ranges.
Ooops sorry.. You're right, I should've left it unbounded... Don't think I can do anything about it now. |
|
|
|
|
ruski
|
|
April 16, 2013, 11:19:41 AM |
|
Lost money? ROFL.
Just bought Gallardo and having the time of my life right now.
Sweet  I've kept roughly a quarter of my cash in the exchange, (finally) got verified so I could move the majority out. I only live on $80k a year, the rest I'm going to reinvest in whatever happens to catch my eye next. No Lamborghinis for me yet.  |
|
|
|
Wuji
Newbie
Offline
Activity: 56
Merit: 0
|
|
April 16, 2013, 01:26:24 PM |
|
I bought at < $14 (no option for under $20) lol, sold at $230 and now slowly buying tiny amounts as we go back down. I'm hoping for a level off at $30 as that means there are still believers. However, single digits will not even surprise or phase me in the slightest. As long as the price is fair market value I'll go long. As soon as the fools, err I mean bulls come back in full gusto I'll get ready to make some massive profit again (maybe a year from now?).
|
|
|
|
|
afbitcoins
Legendary
Offline
Activity: 2100
Merit: 1061
|
|
April 16, 2013, 01:54:50 PM |
|
I got in early sold a little bit near the top which recouped the fiat I originally spent. Sold a little bit more recently after the crash.
In the end I havent made much fiat, but did accumulate some bitcoins. As bitcoins = money, yes i made money.
I could still sell the rest and make a fiat profit, but I prefer to hoard the bitcoins.
|
|
|
|
|
dohse
Newbie
Offline
Activity: 43
Merit: 0
|
|
April 16, 2013, 02:01:49 PM |
|
Bought at various price points all the way from $14 to $220, sold at various price points along the way. Unfortunately I didn't cash out at the top but I still covered the investment plus a triple digit number of free coins, which have since been cashed out too. Once I feel we've found the bottom and things are turning around all of that is going back into coins which should significantly increase the number held.
|
|
|
|
|
|
w00t
|
|
April 16, 2013, 03:29:47 PM |
|
100 % lost probably means stolen?
|
|
|
|
drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
April 16, 2013, 04:37:48 PM |
|
100 % lost probably means stolen?
Possibly, although most likely it means lost coins. |
|
|
|
|
alcibiades
Newbie
Offline
Activity: 39
Merit: 0
|
|
April 16, 2013, 04:45:17 PM |
|
If I sold the bitcoins I currently have, I would have about $3,000 less USD than I originally used to buy (out of about a $11,000 investment).
|
|
|
|
|
|
Zaih
|
|
April 16, 2013, 04:51:55 PM |
|
SO MANY OPTIONS OMGG
ALL I KNOW IS IV'E LOST MONEY LOL
|
|
|
|
|
drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
April 16, 2013, 05:03:00 PM |
|
I just did a calculation, if the price drops to $35 then I will be break even. Not that far away now. If the price drops below $35 then I will be negative for the first time.
|
|
|
|
|
|
WikileaksDude
|
|
April 16, 2013, 05:05:21 PM |
|
Bought 40eur of coins when they were 240$..
shitty i know..
|
|
|
|
|
falcoiii
Newbie
Offline
Activity: 28
Merit: 0
|
|
April 16, 2013, 05:35:15 PM |
|
I bought $2,000 during the first boom in 2011 - when BTC went from $2 to $30 to $5 in about 6 months. I bought in around $18 average when it was going down (catching a falling knife) and kicked myself when it went all the way to $5.
Instead of selling at $5 to get some money back, I "wrote off" the money and would check the price every few months or so. Saw an article in March 2013 about someone selling their house for Bitcoins and figured I would check the price - $66!!!!?!
Sold half immediately at $67 and sold little bits more on the way up to $140. I was ecstatic, I had 10% of my original Bitcoins and a handy profit. But I kicked myself when it kept going up....
Bought and sold a bit quickly a few times (e.g. buy at $150, sell at $170), and my last quick hit almost worked (bought at 188, sold at 25% at $238, $248, $258, $268) the last sell was just $2 over the top. Wound up getting out at $150 for an overall profit.
Now I just did a quick hit today - buy at $63 - sell at $68.
My best returns are when I put in a little thought and make an immediate buy and future limite sell at one time and walk away - never checking the price.
|
|
|
|
|
|
WishIStartedSooner
|
|
April 16, 2013, 06:02:49 PM |
|
as of right now, I'm still profitable on my bitcoins (bought 1 at 33 and a couple around 55)-
at that same time (early february), i bought a heap of litecoins for my twenty bucks. to my amazement, ive made more in those than would have in the bitcoins if I had sold.
I thought hard about selling at 200, but kept telling myself, "no! they'll rebound, you're in this long."
I've since decided to have a portion of this investment on hand on the exchange at all times in preparation for what appears to be the next big bubble.
|
|
|
|
|
Qoheleth
Legendary
Offline
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
|
|
April 16, 2013, 06:11:58 PM |
|
I can't select enough options to truthfully answer this poll. BOUGHT AT $200-230USD
BOUGHT AT $170-200USD
BOUGHT AT $140-170USD
BOUGHT AT $140-170USD
BOUGHT AT $110-130USD
BOUGHT AT $80-110USD
BOUGHT AT $50-80USD
BOUGHT AT $20-50USD All of these are true. |
If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
|
|
|
alexh
Member
Offline
Activity: 183
Merit: 10
|
|
April 16, 2013, 06:19:27 PM |
|
Bought enough, should have sold more...
|
|
|
|
|
|
Poll
