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Author Topic: How much of a loss are you guys in?  (Read 3731 times)
Are-you-a-wizard?
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August 06, 2011, 11:29:09 PM
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Sold out here, so I'm at a loss of $550. For the amount I had in BTC it was worth it.
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the joint
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August 06, 2011, 11:32:54 PM
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I'm up $138 after investing $100 of personals 5 weeks ago.  138% profit from trading as the price tanks...I'm quite pleased with myself :-D  I'm sorry to hear about your loss  Sad  I'm thinkin' bout solo mining from now on.

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August 06, 2011, 11:50:01 PM
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Is till have over 75,000 BTC on three flash drives in my desk drawer.

Stop bragging about your bitcoin stack.  You are going to make Bruce jealous.
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August 06, 2011, 11:52:37 PM
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Is till have over 75,000 BTC on three flash drives in my desk drawer.

Stop bragging about your bitcoin stack.  You are going to make Bruce jealous get yourself robbed.
FTFY
the joint
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August 06, 2011, 11:56:51 PM
 #5

I'm at a break even point.

The only coins I have ever sold are the ones needed to buy more GPU's and hardware. Currently at 14Gigs and holding. Regardless if you believe it or not, Is till have over 75,000 BTC on three flash drives in my desk drawer. The worst that happens to me, I break even and still have a whole lot of hardware!

Excuse me for saying so, but I think (opinion) you're a complete idiot for not cashing out at $10, or even $8, or even right now.  75,000BTC?  I lost a flash drive because of a bad soldering job.  It failed and I didn't even touch the thing.

Man From The Future
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August 07, 2011, 12:00:12 AM
 #6

I've lost 0BTC so far, what's everyone on about? Wink

More seriously, no loss, yet. I don't intend to sell my BTC for USD anyway, I prefer buying game time with them, so I've probably made an effective game time lost, based on what prices people start charging... Sad
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August 07, 2011, 12:06:13 AM
 #7

Is till have over 75,000 BTC on three flash drives in my desk drawer.

Stop bragging about your bitcoin stack.  You are going to make Bruce jealous get yourself robbed.
FTFY

Not unless they get the flash drives out of a drawer in an off site bank level secure storage!. LOL

Dude...you've lost like 300 grand today...

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August 07, 2011, 12:50:56 AM
 #8

Is till have over 75,000 BTC on three flash drives in my desk drawer.

Stop bragging about your bitcoin stack.  You are going to make Bruce jealous get yourself robbed.
FTFY

Not unless they get the flash drives out of a drawer in an off site bank level secure storage!. LOL

Dude...you've lost like 300 grand today...

This really made me lol.

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August 07, 2011, 12:55:48 AM
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Is till have over 75,000 BTC on three flash drives in my desk drawer.

Stop bragging about your bitcoin stack.  You are going to make Bruce jealous get yourself robbed.
FTFY

Not unless they get the flash drives out of a drawer in an off site bank level secure storage!. LOL

Dude...you've lost like 300 grand today...

No worries, the Polish and Tom Williams are gonna buy back all the Bitcoins so as what Bruce would say, it's gonna go up and up and up.

BTFD
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August 07, 2011, 12:56:04 AM
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Anything below $US7 and I'm mining at a loss due to excessive electricity prices.
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August 07, 2011, 01:02:00 AM
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I'm at a break even point.

The only coins I have ever sold are the ones needed to buy more GPU's and hardware. Currently at 14Gigs and holding. Regardless if you believe it or not, Is till have over 75,000 BTC on three flash drives in my desk drawer. The worst that happens to me, I break even and still have a whole lot of hardware!

Throw me 10 and i might believe you (not that it matters)  Grin.

Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.

My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
Bitcoin Swami
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August 07, 2011, 01:03:15 AM
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Anything below $US7 and I'm mining at a loss due to excessive electricity prices.

How much is your elec per kwh?
SmokeAndMirrors
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August 07, 2011, 01:04:09 AM
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Anything below $US7 and I'm mining at a loss due to excessive electricity prices.

How much is your elec per kwh?

Sounds to me like it's in the neighbourhood of... 38c per KW/h

Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.

My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
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August 07, 2011, 01:05:53 AM
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Anything below $US7 and I'm mining at a loss due to excessive electricity prices.

How much is your elec per kwh?

Sounds to me like it's in the neighbourhood of... 38c per KW/h

wowzers.  its 9 c here in North carolina. 
KFed
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August 07, 2011, 01:20:21 AM
 #15

None luckily Cheesy

Hopefully the prices tanks fully to the $2-3 mark (what I believe its 'true' valuation to be) so more non-speculators can gain interest and begin to actually build the economy rather than mess around with the price. Not that there's anything wrong with speculation, but I think it has hurt bitcoin as a whole to some extent.
the joint
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August 07, 2011, 01:31:30 AM
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None luckily Cheesy

Hopefully the prices tanks fully to the $2-3 mark (what I believe its 'true' valuation to be) so more non-speculators can gain interest and begin to actually build the economy rather than mess around with the price. Not that there's anything wrong with speculation, but I think it has hurt bitcoin as a whole to some extent.

Yeh.  I'm hoping that at $1-3 some investors that know that the hell they're doing pounce on this thing and make some intensely awesome and secure sites. 

Bazil
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August 07, 2011, 01:39:33 AM
 #17

I'm in positive since I sold it all before it went below what I bought it at.

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August 07, 2011, 01:46:31 AM
 #18

0, my average price is a bit over 1.7$. Not holding Bitcoins at the moment, I’m waiting to see if the early adopters (read early miners) finally fully realize their ridiculously high gains.

I also hope that this happens, I’m sick of the pump and dump game since its beginning at the exponential rise at ~3 USD. After this experience, lots of people will be burnt and we can start thinking long-term about Bitcoin’s future.

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
"these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room." - ShroomsKit
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August 07, 2011, 01:47:56 AM
 #19

I am going to hold more bitcoin.

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August 07, 2011, 03:48:23 AM
 #20

Just time and effort so far.  I'm not done yet.  Still needing to get back to some people about things but too busy with stuff that pays bills.

Sucks seeing the market this low, but it also reflects highly on the confidence of those who may not be fully into all aspects of what Bitcoin represents and can do versus what I think is safe to just say security issues

When I would more so say it is personal security issues and laziness in investing in self education.

That will be the battle always with Bitcoin, making it dumbed down yet safe.

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