ironstove
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Activity: 111
Merit: 10
Possibilities are limitless
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May 03, 2013, 03:44:31 PM |
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Bitcoins like beanie baby and tulips are no longer collectible. How idiots ever thought something virtual was collectible is beyond me. Should of stuck to WOW, Second Life, and Diablo 3.
How much are those Magic the Gathering Trading Cards going for these days guys?
All fun and games aside the speculators are moving on the price is returning to a reasonable value based on adoption and usage of this virtual currency. The bubble bursts. DUR HUR DUR. Please don't start collecting Bitcoin again and let it grow and become tangible. If you have a real ATM and have passed regulation awesome, install one near my home please, I'll use it. Until then thanks for all the profits guys. I'm going to travel Europe for 2 years and not work starting this summer.
It's true, after the crash the value of those commodities dropped dramatically, but what about after the crash? Today tulips are a multi-million dollar industry, along with beanie babies... Same with the dot com bubble, companies such as Qualcomm are multi-billion dollar industry leaders after crashing from high 80s to under 20. QC today is trading @ $63, with many indicators that it still has room to move up. Just take a step back along with a deep breath and look at the big picture.
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Wuji
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Activity: 56
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May 03, 2013, 03:49:39 PM |
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Bitcoins like beanie baby and tulips are no longer collectible. How idiots ever thought something virtual was collectible is beyond me. Should of stuck to WOW, Second Life, and Diablo 3.
How much are those Magic the Gathering Trading Cards going for these days guys?
All fun and games aside the speculators are moving on the price is returning to a reasonable value based on adoption and usage of this virtual currency. The bubble bursts. DUR HUR DUR. Please don't start collecting Bitcoin again and let it grow and become tangible. If you have a real ATM and have passed regulation awesome, install one near my home please, I'll use it. Until then thanks for all the profits guys. I'm going to travel Europe for 2 years and not work starting this summer.
It's true, after the crash the value of those commodities dropped dramatically, but what about after the crash? Today tulips are a multi-million dollar industry, along with beanie babies... Same with the dot com bubble, companies such as Qualcomm are multi-billion dollar industry leaders after crashing from high 80s to under 20. QC today is trading @ $63, with many indicators that it still has room to move up. Just take a step back along with a deep breath and look at the big picture. Yeah tulips in beanie babies are a million dollar industry today sold in volume not based on $10,000 an item. The tulip crash was 100s of years ago and Beanie babies 20 years. I never said that I don't believe long term in BTC. I said this was all speculation, a bubble, I was accused of being an idiot, a moron, and spreading FUD to get cheapER coins. Well I have cheap coins but it wasn't forum post that did it LMAO.
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anu
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Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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May 03, 2013, 04:44:20 PM |
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Definition of 'Pig' An investor who is often seen as greedy, having forgotten his or her original investment strategy to focus on securing unrealistic future gains. After experiencing a gain, these investors often have very high expectations about the future prospects of the investment and, therefore, do not sell their position to realize the gain.
I haven't got the remotest clue how to "realize a gain" i.e. to un-invest. Other than spending on consumption.
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arch
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May 03, 2013, 04:49:37 PM |
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anu
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Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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May 03, 2013, 04:57:33 PM |
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Bitcoins like beanie baby and tulips are no longer collectible. How idiots ever thought something virtual was collectible is beyond me. Should of stuck to WOW, Second Life, and Diablo 3.
How much are those Magic the Gathering Trading Cards going for these days guys?
All fun and games aside the speculators are moving on the price is returning to a reasonable value based on adoption and usage of this virtual currency. The bubble bursts. DUR HUR DUR. Please don't start collecting Bitcoin again and let it grow and become tangible. If you have a real ATM and have passed regulation awesome, install one near my home please, I'll use it. Until then thanks for all the profits guys. I'm going to travel Europe for 2 years and not work starting this summer.
It's true, after the crash the value of those commodities dropped dramatically, but what about after the crash? Today tulips are a multi-million dollar industry, along with beanie babies... Same with the dot com bubble, companies such as Qualcomm are multi-billion dollar industry leaders after crashing from high 80s to under 20. QC today is trading @ $63, with many indicators that it still has room to move up. Just take a step back along with a deep breath and look at the big picture. Bitcoin is not even born yet. These are just birth pains. We'll see another bubble. And possibly yet another.
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Babylon
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May 03, 2013, 05:15:41 PM |
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Magic cards are, actually, still quite valuable. They've held value longer than beanie babies, that is for sure. I am actually surprised that there's not a bitcoins for magic cards marketplace out there, considering MTgox's origins.
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evolve (OP)
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May 03, 2013, 05:27:10 PM Last edit: May 03, 2013, 10:50:22 PM by evolve |
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I haven't got the remotest clue how to "realize a gain"
Sell your BTC for USD/EUR/whatever for a higher price than you bought them. Congratulations, you have just realized your gains and locked in a profit! When BTC holds a higher value than what you paid, but you hold onto BTC, what you have is unrealized gains....those are worth exactly zero. Profits aren't made until your BTC is sold.
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glendall
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Activity: 2142
Merit: 1018
Next Generation Web3 Casino
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May 03, 2013, 05:43:15 PM |
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I'm not going to cash out all my coins into USD until 2014 at least. 2013 seems like an unlucky to cash out !
I think bitcoin is actually a more valid currency, and less manipulated, than most 'real' currencies being traded today.
Sure if you are looking at day by day, week by week, sure, good time to sell. See ya man ! Fine and fair point to leave.
I'm hanging in there. Couldn't care too much anywhere between $50 - $150 next few months. I never sell at a loss.
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anu
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Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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May 03, 2013, 05:52:15 PM |
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I haven't got the remotest clue how to "realize a gain"
Sell your BTC for USD/EUR/whatever for a high price than you bought them. Congratulations, you have just realized your gains and locked in a profit! Currently I am invested in Fiat. So when Fiat rises compared to Bitcoin, I should realize my gains and sell Fiat? Is that what you mean? Then it would be about time I realized my gains.
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Xer0
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May 03, 2013, 08:04:57 PM |
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Down, down, down....
to the bottom of the sea
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 03, 2013, 08:15:33 PM |
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I haven't got the remotest clue how to "realize a gain"
Sell your BTC for USD/EUR/whatever for a high price than you bought them. Congratulations, you have just realized your gains and locked in a profit! Currently I am invested in Fiat. So when Fiat rises compared to Bitcoin, I should realize my gains and sell Fiat? Is that what you mean? Then it would be about time I realized my gains. Till you can pay your bills in BTC it will always the thing you sell to "realize your gains" "Selling fiat for BTC" is just a play of words with no practical meaning.
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virtualfaqs
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May 03, 2013, 09:40:30 PM |
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Magic cards are, actually, still quite valuable. They've held value longer than beanie babies, that is for sure. I am actually surprised that there's not a bitcoins for magic cards marketplace out there, considering MTgox's origins.
I've done all 3 for at least 1-2 years each phase! Anyone else that crazy? hahaha
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Malawi
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Activity: 224
Merit: 100
One bitcoin to rule them all!
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May 03, 2013, 10:19:57 PM |
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Oh well, I'm pretty sure this crash is MtGox's fault http://www.youtube.com/watch?v=K2ku1A5Ox8U
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BitCoin is NOT a pyramid - it's a pagoda.
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evolve (OP)
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May 03, 2013, 10:37:41 PM |
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*intentionally misses the point*
Sure why not, you are welcome to make what ever stupid decision you like.
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bitcon
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Activity: 2212
Merit: 1008
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May 04, 2013, 12:24:17 AM |
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anyone buying yet?
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evolve (OP)
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May 04, 2013, 12:34:45 AM |
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$100 ceiling holding and $90 fell today (taking us all the way to $79)? Hell no, its still looking really bad out there.
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byronbb
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Activity: 1414
Merit: 1000
HODL OR DIE
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May 04, 2013, 12:38:07 AM |
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Frozenlock
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May 04, 2013, 12:38:38 AM |
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Don't do that...
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evolve (OP)
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May 04, 2013, 12:47:53 AM |
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I like my chart better.
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