KNC Neptune Refund

[minternj]

http://bitcoindifficulty.com/

is it me or is that line getting even more vertical?

A great big steep exponential curve is what Bitcoinorama calls, "plateauing". LOL.

I said it would plateau a few weeks back and was laughed out of the thread, someone threatened to remind me about it to, 'saved for posterity' I believe.

Is plateau a synonym for vertical line?

[RickJamesBTC]

Hilarious post. In the hashfast thread everyone was freaking out that they were going to pay the $ value of orders back on refunds made instead of giving the bitcoins back. Here people are hoping they can get the dollar value back instead of their btc so they can buy more coin. As usual, you paid a price in $$. You will receive a refund in $$. Knc has used bitpay, which means your btc payment was sent to them immediately in fiat and any refunds would be in that form. Why you want a refund on an order from two weeks ago with a 6minth timeframe is beyond me. If that was your last dollar, you really shouldn't have been buying a speculative machine with it. On a big dip like this you should have been buying more coin like so many did.

[DPoS]

On a big dip like this you should have been buying more coin like so many did.

big talk once it is back to 700..  you might want to revisit the posts during the time it was $400 and see how many people were saying 'buying more'

but hey that is the 20/20 hindsight bs that this forum is known for...


my stance has been to just sell the coins as I mine them...  i may trade with the proceeds from time to time, but I rather not hoard and hope like most

[RickJamesBTC]

On a big dip like this you should have been buying more coin like so many did.

big talk once it is back to 700..  you might want to revisit the posts during the time it was $400 and see how many people were saying 'buying more'

but hey that is the 20/20 hindsight bs that this forum is known for...


my stance has been to just sell the coins as I mine them...  i may trade with the proceeds from time to time, but I rather not hoard and hope like most

I was saying "buy more" and so were a lot of people I know Actually I was buying on the way down, trading these huge dips, and doing quite well.

Selling the coins as you mine them? So you have zero faith or interest in the success of Bitcoin. Nothing you say has any relevance to these discussions, because you don't believe in it.

[DPoS]

I was saying "buy more" and so were a lot of people I know Actually I was buying on the way down, trading these huge dips, and doing quite well.

Selling the coins as you mine them? So you have zero faith or interest in the success of Bitcoin. Nothing you say has any relevance to these discussions, because you don't believe in it.

wow you like to go digital quick on an issue...   I do have faith in bitcoin's utility and use it but to think you should just hold forever like some gold hoarder shows your fallacy as well right?

So when is the time to ever sell bitcoin?? never?? only wait till the world stops using fiat and only uses bitcoin?  is that your stance?  I probably bought more things than you have with bitcoins (don't include miners)

to be clear, since you will leap if I don't spell it out, I don't mind buying bitcoins to use no matter the price but don't really think hoarding is the answer in utility.  
That is why I put gambit in my sig, since that is a wonderful use for bitcoin and have a bunch in there so I guess I am 'holding' btc while they are in there.

Explain how a group of hoarders will help spread the utility of bitcoin?  paint yourself in a corner now have we?  And you say you trade as well so that means you are just in it for the speculation 'belief'

[RickJamesBTC]

I didn't say hold forever, I've been trading them hard. These big volatile movements are huge opportunities. Selling them directly from mining however, that would have made it so I couldn't buy a bunch of jupiters from the mining income of a few gpus! The more I get at a lower price, the more I can spend on other things, be it mining hardware or other goods. Right now we are at the beginning of this thing, holding some for a long term investment is a good risk.

[DPoS]

I didn't say hold forever, I've been trading them hard. These big volatile movements are huge opportunities. Selling them directly from mining however, that would have made it so I couldn't buy a bunch of jupiters from the mining income of a few gpus! The more I get at a lower price, the more I can spend on other things, be it mining hardware or other goods. Right now we are at the beginning of this thing, holding some for a long term investment is a good risk.

stay nimble

and remember that promoting the use of bitcoin will increase the base value that gets amplified by scarcity/hoarding

it doesn't work the other way around.  10000000x of nothing mineaswell be called CNC