luckygenough56
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Activity: 1526
Merit: 1012
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January 11, 2015, 04:43:58 PM |
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if somone has 120btc do you think he become ever rich?
(this is a serious question)
i have no serious answer |
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poncho32
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January 11, 2015, 04:45:48 PM |
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if somone has 120btc do you think he become ever rich?
(this is a serious question)
I don't know and no one else does. Serious answer. The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. If they are right someone with 120btc would be worth $2.4 million to $3,6 million. Most people would describe that as rich, except billionaire types. |
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bad trader
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January 11, 2015, 04:48:12 PM |
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Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
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gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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January 11, 2015, 04:49:56 PM |
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Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
That's assuming that many of the Chinese coins on exchanges are real in the first place. |
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MoreFun
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Activity: 1008
Merit: 1003
WePower.red
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January 11, 2015, 04:55:46 PM |
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Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
That's assuming that many of the Chinese coins on exchanges are real in the first place. If they would be real would you lower the price of coins and value of your holding? They just want to buy very cheap and sell very expensive, thats all. |
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bad trader
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January 11, 2015, 04:56:06 PM |
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Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
That's assuming that many of the Chinese coins on exchanges are real in the first place. Well, if they are not real then less coins need to be bought. |
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ChartBuddy
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Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 11, 2015, 05:00:06 PM |
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Bitfinex  Bitstamp  Explanation |
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cbeast
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Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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January 11, 2015, 05:00:16 PM |
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Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
That's assuming that many of the Chinese coins on exchanges are real in the first place. +1 Have any Chinese exchanges been audited? |
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poncho32
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January 11, 2015, 05:01:31 PM |
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Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
That's assuming that many of the Chinese coins on exchanges are real in the first place. People have posted they are moving from Bitstamp to Chinese exchanges because of the hack. However, can you trust an exchange if you are not certain if the coins it claims to hold exist? I read that's what Mt Gox did. |
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ShroomsKit
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January 11, 2015, 05:02:12 PM |
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i will say it : double bottom
The 235th double bottom since 1200. |
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ShroomsKit
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January 11, 2015, 05:04:12 PM |
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f*ck this coin
Uh what else do you expect from a pump and dump coin? |
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ShroomsKit
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January 11, 2015, 05:05:09 PM |
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When I thought nothing would happens the big dump comes.
Hope we recover because I just bought in the trade simulator game
These dumps have been happening daily for the last 12 months. You expected it to stop today? |
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bad trader
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January 11, 2015, 05:15:30 PM |
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Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
That's assuming that many of the Chinese coins on exchanges are real in the first place. Well, if they are not real then less coins need to be bought. Yes... but I really don't trust their audit. No additional info about the audit... only words. http://www.coindesk.com/okcoin-reveals-btc-reserves-104-chinas-exchanges-undergo-audits/I meant, buy the coins that arrive on Stamp and Finex whenever China dumps. |
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octaft
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January 11, 2015, 05:20:22 PM |
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if somone has 120btc do you think he become ever rich?
(this is a serious question)
I don't know and no one else does. Serious answer. The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. are talking their book. FTFY |
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qwk
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Activity: 3542
Merit: 3413
Shitcoin Minimalist
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January 11, 2015, 05:21:57 PM |
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if somone has 120btc do you think he become ever rich?
The majority of people with 120 BTC today won't ever be rich. Becoming rich has almost nothing to do with how much you start with. Most people who had 1000 BTC a couple years ago have a lot less BTC today. Simply because they sold some of them at $10, $50, $100, $whatever. Having 120 BTC today won't make you rich unless you're able to hold onto them, which you will only be able to do if you already have the mindset that would make you rich anyhow. |
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 11, 2015, 05:25:53 PM |
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most post-bubble bagholders would sell as soon as they can break even if they could to get out of this mess
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NotLambchop
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January 11, 2015, 05:26:59 PM |
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...
Having 120 BTC today won't make you rich unless you're able to hold onto them dump immediately and invest in something that's not failing as hard as Bitcoin.
Fixed your typo. |
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molecular
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Activity: 2772
Merit: 1019
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January 11, 2015, 05:28:47 PM |
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if somone has 120btc do you think he become ever rich?
The majority of people with 120 BTC today won't ever be rich. Not those are rich who have much, but those who don't want much. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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January 11, 2015, 05:31:14 PM |
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if somone has 120btc do you think he become ever rich?
(this is a serious question)
I don't know and no one else does. Serious answer. The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. are talking their book. FTFY Kinda obvious that you're bagholding I understand it's hard kid, but try to BREATHE! |
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