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Author Topic: Are all your friends telling you to cash out, too?  (Read 8094 times)
GriTBitS
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November 28, 2013, 06:37:23 PM
 #61

Even Arnold is talking about Bitcoin. Pretty sure he is saying HOLD!!!!!!!  So don't listen to your friends If they were worth listening to, they would own bitcoins too!!!!

http://www.youtube.com/watch?v=eq-8NXeOxIk

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PenAndPaper
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November 28, 2013, 06:40:07 PM
 #62

Isn't it weird that noone has any friends that are into bitcoins.   Roll Eyes
notme
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November 28, 2013, 06:45:21 PM
 #63

Isn't it weird that noone has any friends that are into bitcoins.   Roll Eyes

All of my close friends are into it.  In fact, two of them have more than me now and one of those recently cashed out a small percent and quit his job.  That small cash out gave him enough fiat for the next two years.

https://www.bitcoin.org/bitcoin.pdf
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GriTBitS
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November 28, 2013, 06:49:42 PM
 #64

Isn't it weird that noone has any friends that are into bitcoins.   Roll Eyes


I have only ever been ever to convince 3 people to buy in, one at 100$ 2 at 680$.... They are very happy right now!  The rest are still saying nah! I'm like dude its going to a million, they say "really u think". I say Yes, with total confidence. Not sure if they think im lying or something.

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November 28, 2013, 06:53:23 PM
 #65

Im enduring a thanksgiving trollathon right now.  Im about to leave...

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
oda.krell
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November 28, 2013, 06:58:47 PM
 #66

The only friend I told thinks I have balls of steel ;D

Why did you guys tell your parents? Haha :D

Ah I suppose it is fun to be able to share your success with someone. But telling people with more regular risk appetites and either no insight into Bitcoin or not enough trust in you, will set you up for disaster. And telling your girl will make her feel like you're trying to impress her.

Hehe, guess I'm lucky that my gf actually is impressed when I tell her about it. Both because she gets the math behind it and can relate to the geeky thrill of it all, and because, in her words, she wants that private swimming pool ASAP :P

Not sure which Bitcoin wallet to use? I suggest to take a look at Electrum.
Electrum is an open-source lightweight client: user friendly, fast, and one of the safest ways to store, send or receive bitcoins.
For executables (Windows, OSX, Linux, Android), source code and documentation, see the Electrum homepage.
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November 28, 2013, 07:18:36 PM
 #67

My dad's retired and in Europe (I'm in the US at the moment), and he spends quite a bit of time investing. He'd remembered I told him about bitcoin a while ago, and called me on Thanksgiving to recommend I sell half my bitcoins because it's now over $1000, so why not cash in half the profit so I can't lose?

It's hard to explain to someone, the lottery notion of bitcoin, the all-or-nothing of it. Also hard to explain why people, especially younger people, fall in love with the genius and balance of the technology. Either it's going $10k+ or it's at zero, and I'm ok with it going either way (of course, I have a *preferred* way it would go).

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November 28, 2013, 07:26:13 PM
 #68

My friends had a "game": they poked me when I was talking about bitcoin again  Tongue
they were annoyed and I just stopped talking about it. Now they are all asking me to buy some for them   Grin

It is a crazy world  Smiley

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David M
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November 28, 2013, 07:36:24 PM
 #69

I get it all the time from the wife, family and neighbors.

The only ones who keep telling me not to sell are my 3 kids who have 10 BTC each.
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November 28, 2013, 08:03:42 PM
 #70

my friend was telling me to get out at 500


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EuroTrash
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November 28, 2013, 08:16:18 PM
 #71

I'm quite frustrated by this right now.

Girlfriend doesn't want to hear about bitcoins.
Parents tell me I am a dreamer and it's just virtual money unlike the 50k Euro they put in a deposit bank account as a gift to me two months ago but forbid me to use it for buying coins. What a waste.

Friends don't want to hear about bitcoins either and rather love giving me free unwanted advice to sell it all.
I cannot celebrate with any-fucking-body except a few old timers from the bitcoin meetup. That is sad.

I should use some to buy me a fucking GT-R and decorate it all around with giant bumper stickers in the shape of middle fingers.

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C10H15N
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November 28, 2013, 08:21:44 PM
 #72

Every day since it hit $100.00.  Cheesy

Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
Crazy
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November 28, 2013, 08:22:37 PM
 #73

Girlfriend doesn't want to hear about bitcoins.
Parents tell me I am a dreamer and it's just virtual money unlike the 50k Euro they put in a deposit bank account as a gift to me two months ago but forbid me to use it for buying coins. What a waste.

Friends don't want to hear about bitcoins either and rather love giving me free unwanted advice to sell it all.
I cannot celebrate with any-fucking-body except a few old timers from the bitcoin meetup. That is sad.
Instead of being resentful, I would take this as a window into the minds of 99% of the people walking this Earth, and then I would apply that to my Bitcoin position. That's just one man's opinion.
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November 28, 2013, 08:23:38 PM
 #74

Listen to yourself, then listen to others advice, and then listen to YOURSELF.
People with vision and courage change things, but if you become the average opinion, nothing will change.
bitcon
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November 28, 2013, 08:25:37 PM
 #75

telling a friend to get rid of all their bitcoin is like telling a friend to get rid of their savings.  what person would get rid of their savings for depreciating fiat?


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blacksails
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November 28, 2013, 08:28:57 PM
 #76

Yup, all the time I mention Bitcoin they're like "cash out, that's a lot of money". By not cashing out the first time they told me I've "made" 5000 dollars.
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November 28, 2013, 08:57:59 PM
 #77

I'm quite frustrated by this right now.

Girlfriend doesn't want to hear about bitcoins.
Parents tell me I am a dreamer and it's just virtual money unlike the 50k Euro they put in a deposit bank account as a gift to me two months ago but forbid me to use it for buying coins. What a waste.

Friends don't want to hear about bitcoins either and rather love giving me free unwanted advice to sell it all.
I cannot celebrate with any-fucking-body except a few old timers from the bitcoin meetup. That is sad.

I should use some to buy me a fucking GT-R and decorate it all around with giant bumper stickers in the shape of middle fingers.

That sucks Sad


EuroTrash
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November 28, 2013, 09:04:27 PM
 #78

I should use some to buy me a fucking GT-R and decorate it all around with giant bumper stickers in the shape of middle fingers.
That sucks Sad

Agree. The GT-R is not the prettiest one of the supercars lot.  Wink
But it's best value Grin

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November 28, 2013, 10:00:01 PM
 #79

Funny my farther in law is concerned for me and wants me to sell, the last time he suggested I sell was just after the crash around $100,
I guess if he hung out here he may see the pending correction as volatility on the way up.

The best answer you can give is based on a little action, sell a little, take some profit, next time they give you advice or ask, just tell them you sold out at XXXX and regret it because it is YXXX.

But don't let on you are still 97-99% in and you just sold 1-3%

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November 28, 2013, 10:27:10 PM
 #80

telling a friend to get rid of all their bitcoin is like telling a friend to get rid of their savings.  what person would get rid of their savings for depreciating fiat?
Maybe he's working for a bank, you gotta understand the stress they have to bear with, right now.

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