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Author Topic: Cheap bitcoins are great!  (Read 1266 times)
Elwar (OP)
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December 18, 2013, 08:16:04 AM
 #1

Thank you all for the FUD!

I have been buying so many cheap coins.

Almost 100% BTC now.

So relieved to be back to a price where I can get rid of the useless fiat.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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accord01
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December 18, 2013, 08:16:53 AM
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Thank you all for the FUD!

I have been buying so many cheap coins.

Almost 100% BTC now.

So relieved to be back to a price where I can get rid of the useless fiat.

bulltrapped!!!!
smoothie
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December 18, 2013, 08:17:38 AM
 #3

Been buying some cheap coins myself.  Grin Grin Grin

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piramida
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December 18, 2013, 08:18:55 AM
 #4

Yep, good times. Currently unfolding - early adopter stage, part 4

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traderCJ
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December 18, 2013, 08:25:25 AM
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Almost 100% BTC now.

Heh.  You're either brave or dumb to be bragging about that right now.
Edward50
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December 18, 2013, 08:31:13 AM
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$500 bitcoins cheap? You haven't seen anything yet

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
GigaCoin
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December 18, 2013, 08:39:28 AM
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It's $450 now in China, we just haven't caught up yet.

Bitbuy
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December 18, 2013, 10:02:16 AM
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Yep, good times. Currently unfolding - early adopter stage, part 4

Care to elaborate a little bit on this please? thx Smiley
piramida
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December 18, 2013, 10:07:06 AM
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Yep, good times. Currently unfolding - early adopter stage, part 4

Care to elaborate a little bit on this please? thx Smiley

there were 3 early adopter stages, this one would be 4th. A stage where you can buy cheap bitcoins before the general public. First was since inception to start of 2011 at sub $1, second was $2-$5 in 2012, third was $100 this summer, and fourth one would be early 2014 at around $300-400.

That is a time when you can buy lots of bitcoins before the next rally starts and that price becomes an interesting history reference or used in "ah I wish I bought then" sentences.

i am satoshi
mp420
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December 18, 2013, 10:14:41 AM
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A prediction I pulled out of my arse concerning the near and medium term: We'll see $700 before $200 and $100 before $1000.

Double digits are almost certain in my opinion, single digits are almost impossible.
Bitbuy
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December 18, 2013, 10:15:08 AM
 #11

ok thanks, but does this imply there will be other early adopter stage parts, or is this by definition finite?
piramida
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Borsche


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December 18, 2013, 10:17:07 AM
 #12

ok thanks, but does this imply there will be other early adopter stage parts, or is this by definition finite?

I guess every period of stability after retraction qualifies. But each one is several times higher than the previous, meaning more people participate. I guess it would end once we reach wide adoption and there's no more retractions

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accord01
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December 18, 2013, 10:17:50 AM
 #13

soon you'll be selling them back at a loss!
piramida
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Borsche


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December 18, 2013, 10:18:28 AM
 #14

soon you'll be selling them back at a loss!

no silly, only you do that.

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emanymton
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December 18, 2013, 10:20:21 AM
 #15

ok thanks, but does this imply there will be other early adopter stage parts, or is this by definition finite?
I think after the fifth one, the price becomes prohibitively large for small investors to buy whole btc's.
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December 18, 2013, 10:21:08 AM
 #16

good price would be <100$ :-)
Elwar (OP)
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December 18, 2013, 10:22:15 AM
 #17

soon you'll be selling them back at a loss!

Sell? I only spend bitcoins.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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