Where the hell is Max Kaiser and the Winkelvass twins??

[cr1776]

Who are the "Winkelvass" twins?

I believe he is referring to these guys: http://en.wikipedia.org/wiki/Winklevoss_twins. They are known to have splurged quite a lot on buying some BTC back when it was at around the ~$100 mark I think from memory, although you may want to check some older news articles for the exact time and figures. I'm not sure if their intention is to cash out big or wait for the time being hoping for widespread adoption..

I know who the Winklevoss twins are, not the Winkelvass.

People tend to miss sarcasm.  :-)

Like the "your fine" message up thread:  what, so this person was fined for something? 

[1715073414]

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[1715073414]

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[Dafar]

Where art thou oh saviors of bitcoin?? I need some assurance!! 


I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

If its savings then presumably its money you dont need right now. Think of it as a savings plan with a 2-5 year lock in. Over this time frame if btc succeeds you'll be minted. Dont dont dont panic sell on the 1 st sign of a correction.

Yup, I don't really need it right now and I wanted to take a chance of it growing in the next year or two. Thanks for the advice everyone. I wasn't planning to sell anyway. I'm in the new wave of BTC owners so this is my first "crash" but i've learned enough by now that this happens and a sure way to lose is to sell at a loss. I still have hopes of BTC reaching a new height in 2014.

Thanks everyone for the reassurance

Who are the "Winkelvass" twins?

Those russian twins from that movie The Social Network

They're American, not Russian.

They looked Russian in the movie... maybe their ancestors were

[Herp]

Put your weak hands down your pants and stfu.

http://www.youtube.com/watch?v=onqG5OqiilA

[hilariousandco]

Where art thou oh saviors of bitcoin?? I need some assurance!! 


I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

If its savings then presumably its money you dont need right now. Think of it as a savings plan with a 2-5 year lock in. Over this time frame if btc succeeds you'll be minted. Dont dont dont panic sell on the 1 st sign of a correction.

Yup, I don't really need it right now and I wanted to take a chance of it growing in the next year or two. Thanks for the advice everyone. I wasn't planning to sell anyway. I'm in the new wave of BTC owners so this is my first "crash" but i've learned enough by now that this happens and a sure way to lose is to sell at a loss. I still have hopes of BTC reaching a new height in 2014.

Thanks everyone for the reassurance

Who are the "Winkelvass" twins?

Those russian twins from that movie The Social Network

They're American, not Russian.

They looked Russian in the movie... maybe their ancestors were

Ah, that's racist lol. And they were played by an American actor in the movie, but according to IMDB he is of "Russian Jewish, Russian, English, Scots-Irish, and remote Cherokee descent".

[Johnny Bitcoinseed]

Once again: never invest anything you cannot afford to loose.  First and foremost invest in yourself and set yourself up so that you are safe come what may:

#1 Invest in yourself - education etc so that you can bring in a good income
#2 Pay off all debt
#3 Lay in a store of food, clothing, tools, and all the other stuff you use on a daily basis.  3 months worth minimum.  1 to 2 years best.  This protects you from inflation 'cause you use all this stuff anyway.  If there is a major disaster this store could make you the wealthiest man in town.
#4 ONLY when you reach the point where you have excess - diversify into liquid investments ie BTC, Gold, Silver, Cash.
$5 Always continue to improve yourself, health, career, family life, friends, etc.

[LiteCoinGuy]

you should sell. 

[Dafar]

Once again: never invest anything you cannot afford to loose.  First and foremost invest in yourself and set yourself up so that you are safe come what may:

#1 Invest in yourself - education etc so that you can bring in a good income
#2 Pay off all debt
#3 Lay in a store of food, clothing, tools, and all the other stuff you use on a daily basis.  3 months worth minimum.  1 to 2 years best.  This protects you from inflation 'cause you use all this stuff anyway.  If there is a major disaster this store could make you the wealthiest man in town.
#4 ONLY when you reach the point where you have excess - diversify into liquid investments ie BTC, Gold, Silver, Cash.
$5 Always continue to improve yourself, health, career, family life, friends, etc.

Great advice on 1, 2 and 5, i agree

you should sell.  

We buy 2gether we sell 2gether bad boyz 4 lyfe!  




Edit: http://www.youtube.com/watch?v=rIP4YGXo8Nk&feature=share


Max came through for me

[omahapoker]

I would keep buying in the 700's. in 2 weeks it will be over 1,000

[BTCisthefuture]

Like others said , never invest all your savings into one thing. Especially not something as violatile as bitcoin.

As far as should you dump it or not... that depends what your intentions were. were you looking to invest only for a few days or a week in hopes to make a quick buck ?  or did you invest because you think long term (years from now) bitcoin is going to be a common everyday thing people use in society.

If you're just looking for a quick buck you might want to just cut your losses and get out now because bitcoin is still way too volitle for people looking for a "quick" buck to be able to stomach the ups and downs.

If your betting on the long term future of bitcoin ,  sure hold onto it and make a decision sometime in the next decade.

[virtualmaster]

Where art thou oh saviors of bitcoin?? I need some assurance!!  


I put in all my savings a few weeks ago when BTC was $680... it almost doubled and now im back in the negative and it's falling FAST!! Should I panic? Anyone selling?

My gut tells me to just hold it but I have the worst luck with money and investing so i dunno... Im afraid im gonna lose everything like I did in the stock market. Im sooo glad i didnt invest my dad's money in it. Fuck what the hell is going on?? I wish Max would talk about bitcoins again

Look every day 3 times on my calendar for 2014 and you will regain your self confidence.
I created exactly for people like you.
Read Cryptogenesis also at least once a day https://bitcointalk.org/index.php?topic=340892.msg3653858#msg3653858.
Before the calendar expires Bitcoin will be over 10 000 $, you will see it.

[mateo]

I put in all my savings a few weeks ago when BTC was $680...

I really hope you're a troll. If not then I don't feel bad for you for being dumb and greedy.

[Dafar]

I put in all my savings a few weeks ago when BTC was $680...

I really hope you're a troll. If not then I don't feel bad for you for being dumb and greedy.

Why am I dumb and greedy?

It is my savings but on another hand i don't really have any debts so it's money that I can afford to risk. It would either sit in my bank account or have a chance of doubling or tripling in the BTC market. I don't have any kids, I'm making my own money and I'm single.. I figured this is the best and only time I can take risks like this. I mean, you don't make big money by playing it safe. I want a chance at making big money. I know this sounds greedy and as if I think Bitcoins are a "get rich quick" scheme, but I'm really understanding the value and benefits it will provide, and I think 2014 will be a good year for bitcoins. I still think it is at a very early stage and undervalued right now. The greedy test will come into play when the price goes up a lot, and I keep holding hoping it will go up even more... I need to figure out exactly when I should back out and keep my profits, and then invest again with a much lower risk to my overall net worth. Does that sound stupid to you? If so, we're just different kinds of people.

[Herp]

I put in all my savings a few weeks ago when BTC was $680...

I really hope you're a troll. If not then I don't feel bad for you for being dumb and greedy.

Why am I dumb and greedy?

It is my savings but on another hand i don't really have any debts so it's money that I can afford to risk. It would either sit in my bank account or have a chance of doubling or tripling in the BTC market. I don't have any kids, I'm making my own money and I'm single.. I figured this is the best and only time I can take risks like this. I mean, you don't make big money by playing it safe. I want a chance at making big money. I know this sounds greedy and as if I think Bitcoins are a "get rich quick" scheme, but I'm really understanding the value and benefits it will provide, and I think 2014 will be a good year for bitcoins. I still think it is at a very early stage and undervalued right now. The greedy test will come into play when the price goes up a lot, and I keep holding hoping it will go up even more... I need to figure out exactly when I should back out and keep my profits, and then invest again with a much lower risk to my overall net worth. Does that sound stupid to you? If so, we're just different kinds of people.

You can just take some off the table and diversify into stocks or something. Rare earths or 3d printing are some interesting alternatives.

[Dafar]

I put in all my savings a few weeks ago when BTC was $680...

I really hope you're a troll. If not then I don't feel bad for you for being dumb and greedy.

Why am I dumb and greedy?

It is my savings but on another hand i don't really have any debts so it's money that I can afford to risk. It would either sit in my bank account or have a chance of doubling or tripling in the BTC market. I don't have any kids, I'm making my own money and I'm single.. I figured this is the best and only time I can take risks like this. I mean, you don't make big money by playing it safe. I want a chance at making big money. I know this sounds greedy and as if I think Bitcoins are a "get rich quick" scheme, but I'm really understanding the value and benefits it will provide, and I think 2014 will be a good year for bitcoins. I still think it is at a very early stage and undervalued right now. The greedy test will come into play when the price goes up a lot, and I keep holding hoping it will go up even more... I need to figure out exactly when I should back out and keep my profits, and then invest again with a much lower risk to my overall net worth. Does that sound stupid to you? If so, we're just different kinds of people.

You can just take some off the table and diversify into stocks or something. Rare earths or 3d printing are some interesting alternatives.

I still have money in the stock market from 2009... which has been reduced in half since then. They were all bad decisions on my part and I'm not a fan of the stock market. If I lost half of my money for a potential 10x return I wouldnt care as much, but that kind of reward is rarely seen with stocks in the short term so I feel like the risk was not worth it at all.

[Herp]

I put in all my savings a few weeks ago when BTC was $680...

I really hope you're a troll. If not then I don't feel bad for you for being dumb and greedy.

Why am I dumb and greedy?

It is my savings but on another hand i don't really have any debts so it's money that I can afford to risk. It would either sit in my bank account or have a chance of doubling or tripling in the BTC market. I don't have any kids, I'm making my own money and I'm single.. I figured this is the best and only time I can take risks like this. I mean, you don't make big money by playing it safe. I want a chance at making big money. I know this sounds greedy and as if I think Bitcoins are a "get rich quick" scheme, but I'm really understanding the value and benefits it will provide, and I think 2014 will be a good year for bitcoins. I still think it is at a very early stage and undervalued right now. The greedy test will come into play when the price goes up a lot, and I keep holding hoping it will go up even more... I need to figure out exactly when I should back out and keep my profits, and then invest again with a much lower risk to my overall net worth. Does that sound stupid to you? If so, we're just different kinds of people.

You can just take some off the table and diversify into stocks or something. Rare earths or 3d printing are some interesting alternatives.

I still have money in the stock market from 2009... which has been reduced in half since then. They were all bad decisions on my part and I'm not a fan of the stock market. If I lost half of my money for a potential 10x return I wouldnt care as much, but that kind of reward is rarely seen with stocks in the short term so I feel like the risk was not worth it at all.

Depends very much on the stocks. There are good companies and shit companies. Many trade much higher than they were back in 2009.

[bryant.coleman]

Both the Max Kaiser and the Winkelvoss twins gave BTC much needed publicity a few months ago and Bitcoiners should not forget that in all of a sudden. Those who had invested in the Winklevoss BTC ETF are currently sitting at 600% net gain, despite yesterday's crash. So no hard feelings towards them.

[Wardrick]

Why would you invest your savings and then sell everything right when it drops? If investing were as easy as putting money in and watching it increase then everyone would be doing it, you should of done more research before you invested your life savings into such an unstable currency.

[Dafar]

Both the Max Kaiser and the Winkelvoss twins gave BTC much needed publicity a few months ago and Bitcoiners should not forget that in all of a sudden. Those who had invested in the Winklevoss BTC ETF are currently sitting at 600% net gain, despite yesterday's crash. So no hard feelings towards them.

How can you invest in the Winklevoss EFT right now? It's not public yet right.


On another note, one of my biggest concerns is that someone like Winkelvoss or Max holding a shit ton of BTCs will sell them all and cause the overall price to plummet. But I think there's still a long way to go before they would consider doing that.

Why would you invest your savings and then sell everything right when it drops? If investing were as easy as putting money in and watching it increase then everyone would be doing it, you should of done more research before you invested your life savings into such an unstable currency.

What do you mean sell everything right when it drops? I haven't sold anything yet, I am expecting it to reach a certain level before I sell

[lindatess]

They probably sold out and scammed you guys!

http://www.youtube.com/watch?v=40xyqt0DidY

[bryant.coleman]

How can you invest in the Winklevoss EFT right now? It's not public yet right.

On another note, one of my biggest concerns is that someone like Winkelvoss or Max holding a shit ton of BTCs will sell them all and cause the overall price to plummet. But I think there's still a long way to go before they would consider doing that.

I think there were some more initial investors besides the Winkelvii for the ETF.

I don't think they'll sell their coins in the short term. They have clarified it many times. The coins will be held on for long term.