BEARISH IN THE MOST EXTREME WAY!
I think all the people who think bitcoins are going to revolutionize the world are the ones on drugs. Its a boiler room scam that several exchanges are making a boatload of money off of. Any recourse if anything goes wrong? NO! Have fun!
.... So why are you here?
I think I just like to be a dick. I want to burst every bulls bubble on here.
We'll you'd have to see price fall below 0 to put me at a loss
.
How's that work? Free electric and all mined coins?
If so, your hardware lifespan is reduced, for a very tiny loss at $0 :p
I mined my btc with GPUs bought specifically for bitcoin in early 2010. I have since sold enough bitcoin to cover the hardware and electrical costs, plus I have sold the GPUs as well for about 50% of what I paid. Even if every bitcoin I have is worthless, I have taken more USD out than I put in.
Do you have a price you are holding til?
No. I have most in long term, offline storage. I will only break into them if I can use less than 1/3 to completely pay off all my student loans. I have a few in various bitcoin-based ventures, and I run a market making bot with a few. At the moment, I am back in school getting a masters in CS, including a teaching position, so I don't need my bitcoins to fund my lifestyle. Before I was in school, I did freelance programming, including some jobs that paid bitcoin. I will likely go back to that when I am done, and hopefully I can work primarily for
BTC.