Meuh6879
Legendary
Activity: 1512
Merit: 1013
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May 24, 2017, 05:57:16 PM |
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  no, i don't think so ... |
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ARTISTCOLONY
Newbie
Activity: 56
Merit: 0
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May 24, 2017, 06:02:45 PM |
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You guys are so rich now. It's embarrassing. I hope you're giving to the poor.  i have to walk to the local bank on a daily basis (part of my job). there are beggars sitting on the sidewalks. i always gave them change. since december, when price rise started to accelerate i decided to give em more as long as bitcoin is rising. not long ago i had to start handing out € 5 notes which raised some eyebrows. last week i switched to € 10 notes. they must really wonder what kind of freak i am, because next week i will start with € 20 bills and if this sucker keeps rising there are still € 50 and € 100 bills. not sure what price level must be reached until i pull out the € 500 bill. but i am commited.  Good lord! How many BTC you have? Nah, forget the question. I hope you are already converting some of your profits to FIAT (or you already have enough FIAT/Real estate just in case shit happens) if you have already reached your "richness" factor. Congrats! It would be a better choice to convert profits into gold instead. If you don't need to spend it yet, the only thing you should convert to is something else that's stable and has a limited supply. Trading is fine but IMO when you're withdrawing significant amounts, spending or going for gold are usually better choices. a sluice box for $200 is what i'll invest in gold * unless you kaint dig!!! lazy computer geeks<<<< au is played out!! |
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BlackFlag
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May 24, 2017, 06:05:22 PM |
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dump incoming....
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JakaE
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May 24, 2017, 06:14:41 PM |
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dump incoming....
Big sell pressure at this region on Bitstamp. A 70 BTC wall at $2425and many more smaller ones later. |
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JakaE
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May 24, 2017, 06:16:04 PM |
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dump incoming....
Big sell pressure at this region on Bitstamp. A 70 BTC wall at $2425and many more smaller ones later. Seconds later, only 39 BTC left. The wall is coming down! |
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Hyperjacked
Legendary
Activity: 1666
Merit: 1192
It's all mathematics...!
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May 24, 2017, 06:16:21 PM |
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So what happens when the exchanges run out of bitcoin, low liquidity, then the Altcoin bubble bursts and all the alt-loving newbs frantically run for the trade back to btc? $30B trying to get back into btc all at once?  Look man... This is like 1998 before the tech bubble! We already went through 3-4years of newbies getting taken over the coals with scam alt coins! Now we have real world projects and the talented developers have become obvious...bigtime money is flowing into Bitcoin because of the Japanese banks and the media is favorable. We are just getting started  Cheers |
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Wekkel
Legendary
Activity: 3122
Merit: 1538
yes
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May 24, 2017, 06:18:20 PM |
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Exponential Tsunami.
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ARTISTCOLONY
Newbie
Activity: 56
Merit: 0
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May 24, 2017, 06:18:34 PM |
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Hyperjacked
Legendary
Activity: 1666
Merit: 1192
It's all mathematics...!
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May 24, 2017, 06:21:13 PM |
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It would be a better choice to convert profits into gold instead.  Gold and silver is small amounts are good for a rainy day but I have gold in the form of Bitcoin on my phone and can spend it whenever I want! You can't eat Gold and you certainly can't send it anywhere in the world in minutes! |
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chopstick
Legendary
Activity: 992
Merit: 1000
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May 24, 2017, 06:21:50 PM |
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Bearstamp is now ahead of bitfinex. what a world.
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brokedummy
Legendary
Activity: 994
Merit: 1004
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May 24, 2017, 06:22:12 PM |
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I'm having a hard time doing the selling high part of the buy low sell high thing.
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lemmyK
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May 24, 2017, 06:25:37 PM |
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chinese own most of all BTC ... so "make them rich again" or make them "use more petro-dollar again" .. thats why is price soo pumped high .. I cant see other meaningful sense or increased using BTC .. i recommend for all holders . dont wait long time for enjoying fiat money from bt price increase becouse war is comming http://www.veteranstoday.com/2017/05/14/trump-planning-to-nuke-nyc-to-save-his-own-ass/ ... all over world nato in europe was already prepared for war..(maidan..etc..) just trump vote make them complication .. but trump is in trap |
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marcus1986
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May 24, 2017, 06:36:44 PM |
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It would be a better choice to convert profits into gold instead. Gold and silver is small amounts are good for a rainy day but I have gold in the form of Bitcoin on my phone and can spend it whenever I want! You can't eat Gold and you certainly can't send it anywhere in the world in minutes! Totally agree with you! Compared to bitcoin, gold has a lot of disadvantages. There's theoretically an infinite supply, and even the limited supply available on the planet to be mined is a big unknown. The max bitcoin supply on the other hand, is known to everyone. |
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PoolMinor
Legendary
Activity: 1845
Merit: 1348
XXXVII Fnord is toast without bread
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May 24, 2017, 06:37:29 PM |
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I'm having a hard time doing the selling high part of the buy low sell high thing.
Yes, this seems so easy when you are staring at the price just slightly above what you paid, but when it goes 2X or 3X it seems like it will never stop going up until it doesn't. I lost quite a bit in value in Feb 2014 by waiting for the price to go back up from the dip, and when it did go up in May 2014 I failed to sell again.... The main thing to do is sell to get your initial investment back if you think you will regret not selling the peak at least you will be in the black. Good Luck. |
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Mr. Green
Full Member
Activity: 168
Merit: 100
I learnt about experts they're experts on fuck all
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May 24, 2017, 06:39:22 PM |
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Are we ever going to see sub 1000$ again? I want to suicide. |
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Watari
Member
Activity: 62
Merit: 10
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May 24, 2017, 06:51:33 PM |
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I'm having a hard time doing the selling high part of the buy low sell high thing.
welcome to the club! |
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eXpl0sive
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May 24, 2017, 06:51:54 PM |
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Are we ever going to see sub 1000$ again? I want to suicide. 1000$ will count against uBTC now, not BTC. |
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ARTISTCOLONY
Newbie
Activity: 56
Merit: 0
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May 24, 2017, 06:52:59 PM |
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It would be a better choice to convert profits into gold instead. Gold and silver is small amounts are good for a rainy day but I have gold in the form of Bitcoin on my phone and can spend it whenever I want! You can't eat Gold and you certainly can't send it anywhere in the world in minutes! monotonic gold you actually can eat * bitcoin buys gold & fine art >.> now is the time to buy bitcoin soon $10,000+<<< |
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