sgbett
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Activity: 2576
Merit: 1087
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April 24, 2014, 08:40:07 PM |
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I've invested an amount I can afford to lose, average buy price $508 First buy was Feb 20 2014 I'm still a bit bitter about not first buying in at $140ish. I really wanted to, but MT.GOX scared me away before I committed.
Even assuming BTC becomes worthless. It has been educational for me enough that I feel like I'd still walk away a winner. My interest in economics has been re-kindled and I believe that knowledge of crypto-currencies may end up being an important part of my resume in the future if I continue learning at this pace.
I invested $100 I couldn't well afford, average buy price was $1.06. First buy was 11th Feb 2011. I felt bitter about not buying at $0.30 when I first heard about BTC. I look back and think WTF didn't I buy 10x more. Maybe in 2 yrs time I'll feel the same. Maybe I won't.
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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bitcoinsrus
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April 24, 2014, 08:42:30 PM |
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I've invested an amount I can afford to lose, average buy price $508 First buy was Feb 20 2014 I'm still a bit bitter about not first buying in at $140ish. I really wanted to, but MT.GOX scared me away before I committed.
Even assuming BTC becomes worthless. It has been educational for me enough that I feel like I'd still walk away a winner. My interest in economics has been re-kindled and I believe that knowledge of crypto-currencies may end up being an important part of my resume in the future if I continue learning at this pace.
I invested $100 I couldn't well afford, average buy price was $1.06. First buy was 11th Feb 2011. I felt bitter about not buying at $0.30 when I first heard about BTC. I look back and think WTF didn't I buy 10x more. Maybe in 2 yrs time I'll feel the same. Maybe I won't. Can I just ask how so many people heard of bitcoin back then. The only reason I heard of it was because some yahoo lost 7,500 btc (thrown away harddrive). If it were not for that news coverage, I would not have heard of btc at all. I probably should have been watching the financial shows (that tracks stocks that has mentioned bitcoin like when it broke 1 billion or seen the winklevoss twins interviews) or just read more on yahoo news (a few years ago). I remember in 2010-2011 I was into facebook poker (zynga). I told this guy I spent $20 on some zynga poker chips and he was like, "Wow you spent money on virtual coins." Like dam, now I felt like I should have googled that or something.
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sgbett
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Activity: 2576
Merit: 1087
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April 24, 2014, 09:00:14 PM |
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dunno bout everyone else but i just read slashdot. as much as "everyone" slags it off on there, they were still reporting it...
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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sgbett
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Activity: 2576
Merit: 1087
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April 24, 2014, 09:12:42 PM |
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(oh btw) Paypal, you were so accommodating back then ..
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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pinksheep
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April 24, 2014, 09:14:14 PM |
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wish I could afford to buy 100BTC now
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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bitcoinsrus
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April 24, 2014, 09:17:39 PM |
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Thanks for the site. I will see if I can follow the stories. Maybe later this year it might talk about mobile money or something else (I could also get involved in) in America (I know M-pesa is big in Africa - but not sure how tightly regulated it would be in America since there are only a few big phone companies)
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RoadStress
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Activity: 1904
Merit: 1007
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April 24, 2014, 09:38:54 PM |
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Does Bitcoin Debitcard change the TA?
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BitchicksHusband
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April 24, 2014, 11:42:11 PM |
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I have also had dreams where the price of Bitcoin is in the single digits. It feels terrible. I also have dreams where the price is five or six digits. Those are always daydreams.
It appears that folks here should learn to control their night dreams . . . http://www.scientificamerican.com/article/how-to-control-dreams/My siblings and I are lucid dreamers from childhood. One of the tricks is to recognize that you are in a dream and what the constraints are. For example, in a lucid dream I launch myself into the air because I can swim in it. I know I can so I attempt it. Likewise, I can perform any physical exercise in a lucid dream without tiring. My mind cannot invent text as fast as I can read it, so I know to avoid trying to read a sign or book in a lucid dream. If something goes wrong, or is otherwise annoying, in a lucid dream I know that I have control and have touchstone places and events that I can return to - as a way of resetting. My brothers and I dream in color with surrealistic sounds, smells and so forth. In school I read a psychology of hypnotism textbook and learned that people like me are easily hypnotized. One of my younger brothers sleepwalked as a child and it was my responsibility to keep him away from the stairs and make sure he really knew where the toilet was. I could control him, with his eyes wide open as he moved around, by gentle voice command. Such memories. But I far prefer daydreams. I also sleepwalk and have some control over my dreams. But I don't believe I am easily hypnotized. I fail all suggestion exercises (Why, yes, how did you know I was thinking of a green elephant? Green elephant?!? I was thinking of a gray emu!)
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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BitchicksHusband
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April 24, 2014, 11:51:30 PM |
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Does Bitcoin Debitcard change the TA?
Yeah, but did you see that site (xapo.com)? Looks really shady to me with all the "Get Free Satoshis" and constant attempts to hijack your social media. I signed up for a free wallet account, but I don't think I'll use their card with the site looking like that. Also, I had massive problems getting to certain portions of the site. All in all, a no-go for me.
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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RoadStress
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Activity: 1904
Merit: 1007
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April 24, 2014, 11:57:54 PM |
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Does Bitcoin Debitcard change the TA?
Yeah, but did you see that site (xapo.com)? Looks really shady to me with all the "Get Free Satoshis" and constant attempts to hijack your social media. I signed up for a free wallet account, but I don't think I'll use their card with the site looking like that. Also, I had massive problems getting to certain portions of the site. All in all, a no-go for me. I don't see any free satoshis stuff but i don't have an account and pop-up blocker(no idea if that has to do with it). They got 20m$ funding though. It doesn't cost so much to try them, guess just 0.1 BTC will do the trick.
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Chalkbot
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Activity: 896
Merit: 1001
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April 24, 2014, 11:59:29 PM |
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Does Bitcoin Debitcard change the TA?
Yeah, but did you see that site (xapo.com)? Looks really shady to me with all the "Get Free Satoshis" and constant attempts to hijack your social media. I signed up for a free wallet account, but I don't think I'll use their card with the site looking like that. Also, I had massive problems getting to certain portions of the site. All in all, a no-go for me. Hm. I feel like we are looking a two totally different websites. I see no mention of "Get Free Satoshis" on any of their pages, a totally professional and minimalist site design, and no hijacking or popups of any kind. I also know these dudes are legit, so I'm worried that your PC might be compromised.
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BitchicksHusband
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April 25, 2014, 12:13:35 AM |
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Does Bitcoin Debitcard change the TA?
Yeah, but did you see that site (xapo.com)? Looks really shady to me with all the "Get Free Satoshis" and constant attempts to hijack your social media. I signed up for a free wallet account, but I don't think I'll use their card with the site looking like that. Also, I had massive problems getting to certain portions of the site. All in all, a no-go for me. I don't see any free satoshis stuff but i don't have an account and pop-up blocker(no idea if that has to do with it). They got 20m$ funding though. It doesn't cost so much to try them, guess just 0.1 BTC will do the trick. Sign up. It only takes an e-mail address. But what I am talking about is this: http://imgur.com/DZFENAtAnd actually, they give you money for signing up (about 2 cents or 5,000 SATOSHIS!). Also, a couple pages (including the verification link) didn't work in Chrome at all. I had to use IE.
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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April 25, 2014, 12:33:54 AM |
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Does Bitcoin Debitcard change the TA?
Yeah, but did you see that site (xapo.com)? Looks really shady to me with all the "Get Free Satoshis" and constant attempts to hijack your social media. I signed up for a free wallet account, but I don't think I'll use their card with the site looking like that. Also, I had massive problems getting to certain portions of the site. All in all, a no-go for me. I don't see any free satoshis stuff but i don't have an account and pop-up blocker(no idea if that has to do with it). They got 20m$ funding though. It doesn't cost so much to try them, guess just 0.1 BTC will do the trick. Sign up. It only takes an e-mail address. But what I am talking about is this: http://imgur.com/DZFENAtAnd actually, they give you money for signing up (about 2 cents or 5,000 SATOSHIS!). Also, a couple pages (including the verification link) didn't work in Chrome at all. I had to use IE. I see no problem in inviting users to earn some free money and then spend it online with the card.
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SlipperySlope
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April 25, 2014, 01:51:49 AM |
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The volume in Bitstamp is absolutely anemic. I remember it took a week for me to purchase my initial lot of coins in 2011. It would now similarly take a week to acquire a corresponding position. Either there is nobody in the world in the process of doing it (!) or they are using other methods. Granted, buying a large number of bitcoins takes more cash now than in 2011, and therefore the buyers may be different class of people mainly...
I read somewhere the plausible rumor that whale buyers, e.g. Second Market, solicit from BitPay and Coinbase, because many bitcoin accepting merchants trade bitcoin for fiat as they receive it.
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keithers
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This is the land of wolves now & you're not a wolf
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April 25, 2014, 05:01:05 AM |
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Pretty decent sized sell off going on at all exchanges right now... especially OKcoin which has sold off almost 3,000,000 LTC in last 2 hours!
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cAPSLOCK
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Whimsical Pants
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April 25, 2014, 05:47:15 AM |
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Oh, China...
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SlipperySlope
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April 25, 2014, 06:21:11 AM |
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Here is the Huobi chart at 30-minute resolution. The resistance trend line is one I drew days ago - which extends back to the November 2013 peak. Note the trend reversal immediately after the Bitstamp-led rally of the preceding hours failed to punch through the trendline that any trader could draw. I suppose that technical traders, and perhaps algorithmic bots were triggered then to squeeze other traders who had long margin positions. I will be visiting my local Robocoin ATM to get some more coin in the morning.
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Todorius
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April 25, 2014, 07:28:34 AM |
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Here is the Huobi chart at 30-minute resolution. The resistance trend line is one I drew days ago - which extends back to the November 2013 peak. Note the trend reversal immediately after the Bitstamp-led rally of the preceding hours failed to punch through the trendline that any trader could draw. I suppose that technical traders, and perhaps algorithmic bots were triggered then to squeeze other traders who had long margin positions. I will be visiting my local Robocoin ATM to get some more coin in the morning. And of course the chinese FUD was perfectly, absolutely perfectly time-matched to the spot where the resistance line would have been crossed. Of course, just to be on the safe side that it will really bounce off the resistance. Some people really know how to manipulate a market
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rpietila (OP)
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April 25, 2014, 07:37:57 AM |
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And of course the chinese FUD was perfectly, absolutely perfectly time-matched to the spot where the resistance line would have been crossed. Of course, just to be on the safe side that it will really bounce off the resistance. Some people really know how to manipulate a market They would not do it if they did not believe that it will go vastly higher, so... Just make sure you always buy low and sell high, we absolutely need more such people because the current volatility is so high (and buying low, selling high reduces it!)
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HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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