mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:28:10 AM |
|
mmitech, have you sold all of your bitcoins yet? Before the upcoming crash that is?
I sold everything between $580-630
|
|
|
|
fonzie
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:28:54 AM |
|
Only noobs buy above 200$
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:29:58 AM |
|
mmitech, have you sold all of your bitcoins yet? Before the upcoming crash that is?
... he sold them all at the exact top on Mt. Gox and got all his funny money out the day before it closed down ... amazing really well, dont be butt hurt, but yes I sold some at 1000 then the rest 3 months ago between 580-630, if you look into my post history I have screen shots of my Bitstamp account as well Edit: BTW I never used Gox again after the April 2013 bubble, I didn't lose a cent in Gox.
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:31:26 AM |
|
Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. do you mind if I ask you this: how old are you and what kind of education do you have ? Late 20s and PhD. interesting, Phd in what ?
|
|
|
|
grappa_barricata
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 154
Merit: 100
playing pasta and eating mandolinos
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:33:54 AM |
|
|
|
|
|
Kawada
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:35:07 AM |
|
It seems very bad. Should be worried about this drop?
Do you need your invested wealth soon? Then yes. Otherwise no, just wait. I don't need to invest soon ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Thank you for the answers i have misinterpreted the Bitcoin price movement ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:37:27 AM |
|
Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. do you mind if I ask you this: how old are you and what kind of education do you have ? Late 20s and PhD. interesting, Phd in what ? Software Engineering. I cant believe that you are a bitcoin cultist with this kind of education... it is beyond my understanding.
|
|
|
|
Bagatell
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:39:35 AM |
|
it is beyond my understanding.
No surprise there.
|
|
|
|
heartastack
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:40:47 AM |
|
Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. do you mind if I ask you this: how old are you and what kind of education do you have ? Late 20s and PhD. interesting, Phd in what ? Software Engineering. I cant believe that you are a bitcoin cultist with this kind of education... it is beyond my understanding. And classical education makes someone understand markets better? I should ask my uni for my money back.
|
|
|
|
tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:42:48 AM |
|
Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. do you mind if I ask you this: how old are you and what kind of education do you have ? Late 20s and PhD. interesting, Phd in what ? Software Engineering. I cant believe that you are a bitcoin cultist with this kind of education... it is beyond my understanding. And classical education makes someone understand markets better? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fchs.harvard.edu%2Fwa%2FdImage%3Fbdco%3D1819%26bdc%3D12&t=665&c=0Iemaam_T6pD3A)
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:43:05 AM |
|
The exact annualised inflation rate jumps around every day, depending on how many bitcoins were mined in the last 24 hours.
It is around 10-14% currently, but will halve to around 5% at block height 420,000.
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:44:24 AM |
|
And classical education makes someone understand markets better? I better ask my uni for my money back.
no, it doesn't, but also being a software engineer prevent you from being a cultist to any technology, if you don't have a healthy skepticism about the software you wont be able to innovate nor maintain it.... my understanding is that this guy invested with all he can and even with his emotions...
|
|
|
|
bassclef
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:49:32 AM |
|
Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. do you mind if I ask you this: how old are you and what kind of education do you have ? Late 20s and PhD. interesting, Phd in what ? Software Engineering. I cant believe that you are a bitcoin cultist with this kind of education... it is beyond my understanding. No wonder they banned you from litecointalk. You should probably take it easy for awhile.
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:51:36 AM |
|
And classical education makes someone understand markets better? I better ask my uni for my money back.
no, it doesn't, but also being a software engineer prevent you from being a cultist to any technology, if you don't have a healthy skepticism about the software you wont be able to innovate nor maintain it.... my understanding is that this guy invested with all he can and even with his emotions... ... and you are want to sit here in judgement, preaching to all us "heathens" to save us from our wicked ways because ... ? ... or most likely, you went short with leverage and are totally invested on this crashing so you're going to desperately shill it as low as it will go right? I think the queue over at the Fed lining up to lick Paul Krugman's balls still has places open ...
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:53:39 AM |
|
No wonder they banned you from litecointalk. You should probably take it easy for awhile.
of course, let me help the scammer take more money instead of calling him out, Jasinlee scammed users of millions of dollars, I called his scam at the beginning (early 2013) but they kept warning me and banning me until he succeed, now that thread lays in the failed projects section.....this leaves me with one conclusion: Sy the mod that kept banning me was involved.
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:55:21 AM |
|
... and you are want to sit here in judgement, preaching to all us "heathens" to save us from our wicked ways because ... ?
... or most likely, you went short with leverage and are totally invested on this crashing so you're going to desperately shill it as low as it will go right?
I think the queue over at the Fed lining up to lick Paul Krugman's balls still has places open ...
I never leverage traded, but you are right, therefore: burn down why do I even care.
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 08:59:46 AM |
|
And classical education makes someone understand markets better? I better ask my uni for my money back.
no, it doesn't, but also being a software engineer prevent you from being a cultist to any technology, if you don't have a healthy skepticism about the software you wont be able to innovate nor maintain it.... my understanding is that this guy invested with all he can and even with his emotions... As often is the case, your understanding is wrong. I never invested much in Bitcoin. I just refuse to divest if something is fundamentally undervalued. Bitcoin is not tech. Bitcoin (or rather crypto) is a paradigm.
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2268
Merit: 1792
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
![](https://bitcointalk.org/Themes/custom1/images/post/lamp.gif) |
September 29, 2014, 09:01:14 AM |
|
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 09:01:47 AM |
|
mmitech if you already sold and you believe Bitcoin is doomed, and that we are all complete fools... what are you still doing here?
It's not a rhetorical question, I would honestly like to know.
nope, Bitcoin is not doomed yet, I will re-buy between 150-200, I am a trader and this is what I do, the question is: you Bitcoin cultist holders have the whole fucking forum, we traders have only this sub-forum, I would really appreciate it if you go troll somewhere else while we discuss our things here. don't fucking tell me to hold and what a bright future Bitcoin has, I know fucking good when I have to hold.
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2014, 09:05:05 AM |
|
mmitech if you already sold and you believe Bitcoin is doomed, and that we are all complete fools... what are you still doing here?
It's not a rhetorical question, I would honestly like to know.
nope, Bitcoin is not doomed yet, I will re-buy between 150-200, I am a trader and this is what I do, the question is: you Bitcoin cultist holders have the whole fucking forum, we traders have only this sub-forum, I would really appreciate it if you go troll somewhere else while we discuss our things here. don't fucking tell me to hold and what a bright future Bitcoin has, I know fucking good when I have to hold. you should be holding right now hotshot trader ... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) edit: bad's not going anywhere, buy some business insurance.
|
|
|
|
|