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EuroTrash
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April 16, 2013, 06:41:27 PM |
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Most of my BTCs were bought below 10$, some I mined myself. I went all in long time ago.
I converted a part of them to fiat in the last crash - just enough to cover all of my fiat investments in the last months plus some premium for all of the hassle. Moved the rest to cold storage. Made a commitment to myself not to touch them before end of November this year. Except for a few grand worth that I left on an exchange - for me to both keep playing the trading game (although on smaller amounts) and possibly spend them once my favourite shops will accept BTC.
If I just had slept through the crash, right now I would experience a higher profit (in fiat). So - in a sense - I lost.
But the last crash turned me into a zombie and I was starting getting ill. Now I have my sleep back.
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UKMark
Full Member
 Offline
Activity: 144
Merit: 100
Empty vessels make most noise.
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April 16, 2013, 07:06:53 PM |
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I bought in early January this year, also mined Litecoin and converted to BTC, when LTC/USD was around $5, Initially intended to hold BTC all the way, but since the crash/correction I have seen all the damn money being made and lost and decided to join the evolving ride while it lasts, I seem to be calling the bottom/tops quite well since and just keep topping up my coins, then again I'm watching it for 23 hours out of 24, Bitcoin isn't just simply a currency or store of wealth, it's slowly becoming a way of life  I only cash out to fiat enough to cover my LTC mining electricity costs. I have also started making small purchases with BTC and not on SR either, so I suppose some good has come of this crash in a roundabout way. A mate of mine bought in at $138 and he's still holding and buying more on the dips. |
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superside
Member
Offline
Activity: 84
Merit: 10
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April 16, 2013, 07:59:46 PM |
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I'm still at a profit but every time I put in my bid to sale the price runs away from me
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Dr3AM$cAp3
Member
Offline
Activity: 80
Merit: 10
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April 16, 2013, 08:05:55 PM |
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Bought in the first time at $4....$4!!! Ignorantly used up all of those and bought in again when it was rising at about $90. Cashed out and bought in again at $220.*Doh!* Had to cash out one final time to protect the capital(and teh queen). made a 10% profit riding the waves after that, but in the long run. it was too stressful so I am just sitting on my cash right now until I learn more, we hit the $20 mark, or I have to pay for something online. Would love to see more small businesses accepting BTC, but with this volatile market, it isn't happening. Still bullish for the long run! I'm still at a profit but every time I put in my bid to sale the price runs away from me Had an issue with that during the big fall; the price would not only run away from me, but would also run right over and past me without my coin selling! It was horrifying.   |
New to the game, too much to learn.
Smiley OD, sarcasm implied.
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kalinka
Member
Offline
Activity: 106
Merit: 10
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April 16, 2013, 10:30:38 PM |
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Sold a pokemon white game. Paid $12 to ship it. Used my coins to buy a 160 gb playstation 3 a da or 2 before the crash.
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Luis_GT
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April 17, 2013, 01:21:39 AM |
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I lost free money... well, not really, I still own the bitcoins I bought with my profits...
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The-Real-Link
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April 17, 2013, 02:23:31 AM |
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Bought some, mined some, cycled profits, repeat. I've held and only made good trades so I've lost nothing.
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Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
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WishIStartedSooner
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April 17, 2013, 01:36:46 PM |
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Bought in the first time at $4....$4!!! Ignorantly used up all of those and bought in again when it was rising at about $90. Cashed out and bought in again at $220.*Doh!*
omg, if buying in means buying btc to spend, then I've spent HUNDREDS of bitcoins that I bought for between 2 and 13 dollars on shit I didn't really need. i try really hard not to think about it |
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Dr3AM$cAp3
Member
Offline
Activity: 80
Merit: 10
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April 18, 2013, 07:23:53 AM |
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Bought in the first time at $4....$4!!! Ignorantly used up all of those and bought in again when it was rising at about $90. Cashed out and bought in again at $220.*Doh!*
omg, if buying in means buying btc to spend, then I've spent HUNDREDS of bitcoins that I bought for between 2 and 13 dollars on shit I didn't really need. i try really hard not to think about it If you look at it that way, then yeah, I have lost more than I care to think of. The original $4 coins were to hold and then I got lazy and used them for electronic things having no clue what was going to happen later.  |
New to the game, too much to learn.
Smiley OD, sarcasm implied.
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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April 18, 2013, 07:32:43 AM |
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i really wish bitmit.net would take off. i listed a hdd for sale over a month ago and no buyers.  |
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wordofmouth
Newbie
Offline
Activity: 31
Merit: 0
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April 18, 2013, 08:54:51 AM |
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Received several payments to some instawallets when the rate was between 120$-200$
for the moment funds are all frozen so i consider it as a total loss , i'll tell you if i lost money in July, hopefully.
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massivebitman (OP)
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April 18, 2013, 09:01:14 AM |
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I think this is one of the few currencies you can actually manipulate the value of.
For instance imagine if people held bitcoin flashs mobs, or a bitcoin protest on wall-street shouting at the bankers
"stop buying up our coins" ... "stop raising the price"
"stop buying up our coins" ... "stop raising the price"
"stop buying up our coins" ... "stop raising the price"
Get enough people there, and you'll get media attention.
Get media attention, about people complaining about the value going up and... well. who knows.
Most of us here want the price to go up, anyone want to organise it.
The occupy wall street for bitcoin!
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kriwest
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April 18, 2013, 09:08:02 AM |
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Most people are too proud to admit that they lost. Right now I'm down about $490.
Seeing as I didn't invest more than I could afford... I don't regret it.
I do regret not selling when we were at $100 and went down to $50'ish though.
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 18, 2013, 09:15:45 AM |
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I guess only real noobs lost money. Heck, this was SO fast that only the absolute newcomers could have bought a significant amount of BTC above $100 (which is the aprox. price we stabilized at).
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kriwest
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April 18, 2013, 09:25:39 AM |
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I guess only real noobs lost money.
That would be me. I was going to buy BTC when it was at $45 (before the early April explosion), but I thought it was too expensive at that price. Silly me. Then I got caught up in the hype. But you know what... because of this, I learned a lot about economics, I learned how to spot a bubble, I learned how to read graphs. All in a very short period of time. I also learned a lot about myself. I didn't think that I was susceptible to getting emotionally involved in stuff like this, but apparently I was wrong. |
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True___Blue
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April 18, 2013, 10:30:09 AM |
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If I sold everything right now I would be out -115% of my initial investment. I'm holding hoping it goes back up.
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awakening
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April 18, 2013, 10:40:11 AM |
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Turned a profit on fiat, but lost my stack of bitcoins.  |
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mp420
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April 18, 2013, 12:01:11 PM |
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Turned profit. Bought below $5, sold around $190.
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awakening
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April 18, 2013, 01:44:05 PM |
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Turned profit. Bought below $5, sold around $190.
Good one.. I got bitcoins in the range 4-13$ and sold them at 27. You have to have now some good bucks.. If I didn't spent a lot, and didn't sell my last hundred at 27$ I would be driving right now a BMW Z4.  |
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massivebitman (OP)
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April 18, 2013, 04:34:53 PM |
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Turned profit. Bought below $5, sold around $190.
Good one.. I got bitcoins in the range 4-13$ and sold them at 27. You have to have now some good bucks.. If I didn't spent a lot, and didn't sell my last hundred at 27$ I would be driving right now a BMW Z4. I made the same mistake... saw the market slow down over a weekend at $27 and pulled out...Missed out big |
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