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semaforo
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January 08, 2015, 03:56:52 PM |
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The reward halving will help the price to go up
it will help bitcoin rise to $0.00002 from $0.00001 if bitcoin can live til there Why do you lose time here if you don't believe on Bitcoin at all? Perhaps a combination of bitterness about not buying in earlier, investments that would benefit from sinking $ value, and a total lack of anything better to do? |
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sethminer14
Member
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Activity: 98
Merit: 10
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January 08, 2015, 04:32:45 PM |
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I sure hope he didn't lose everthing... Bitcoin was a bit higher in the past...  |
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RD965
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January 08, 2015, 05:13:54 PM |
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I sure hope he didn't lose everthing... Bitcoin was a bit higher in the past... His BTC lost value, but still the same amount, so he didnt lose anything dont worry A bit extreme to buy all of that? Yes, but cant blame him im about 70% BTC as well since the drop, floor seems to be consistent enough, lets see what bitstamp does to the price when they resume |
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picolo
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January 08, 2015, 05:34:59 PM |
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I sure hope he didn't lose everthing... Bitcoin was a bit higher in the past... If he sold the house around 800$ and the price is now 300$ he lost 5/8th of its value but he said he would not have been able to sell the house if it wasn't for bitcoins (which I doubt is true) |
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LordSonjai
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January 08, 2015, 06:57:18 PM |
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I sure hope he didn't lose everthing... Bitcoin was a bit higher in the past... If he sold the house around 800$ and the price is now 300$ he lost 5/8th of its value but he said he would not have been able to sell the house if it wasn't for bitcoins (which I doubt is true) Yeah I don't even know why you bothered replying to be honest,I read it and was like... OK. Doesnt know math. |
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Rumhurius
Legendary
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Activity: 1672
Merit: 1046
Here we go again
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January 14, 2015, 03:52:53 PM |
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#REKT
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RD965
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January 14, 2015, 03:55:45 PM |
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Ops looking bad  Just kidding hold in there  |
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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January 14, 2015, 06:24:36 PM |
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I sure hope he didn't lose everthing... Bitcoin was a bit higher in the past... If he sold the house around 800$ and the price is now 300$ he lost 5/8th of its value but he said he would not have been able to sell the house if it wasn't for bitcoins (which I doubt is true) He sold the house on the 7th March 2014, when exchange price dropped from 660$ to 620$. Right now it's about 180$, this must have hurt (if he still holds coins and cares about price). |
Sometimes, if it looks too bullish, it's actually bearish
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CoinCidental
Legendary
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 14, 2015, 06:48:28 PM |
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I sure hope he didn't lose everthing... Bitcoin was a bit higher in the past... If he sold the house around 800$ and the price is now 300$ he lost 5/8th of its value but he said he would not have been able to sell the house if it wasn't for bitcoins (which I doubt is true) He sold the house on the 7th March 2014, when exchange price dropped from 660$ to 620$. Right now it's about 180$, this must have hurt (if he still holds coins and cares about price). hodl them until next year or longer  |
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Torque
Legendary
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Activity: 3556
Merit: 5041
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January 14, 2015, 06:53:01 PM |
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Let's bump this thread in 2017, shall we? We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it. |
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Richard Branson
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January 14, 2015, 06:57:39 PM |
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Let's bump this thread in 2017, shall we? We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it. He could have sold it cheaper and invest in stocks, gold, ... probably there would be only 5-10% gain per year. But he lost nearly 70%. |
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BitCoinNutJob
Legendary
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Activity: 1316
Merit: 1000
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January 14, 2015, 07:32:44 PM |
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OP has disappeared, hope he is ok. Very bad timing on investing if true, think many of us lost some though.
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bigtimespaghetti
Legendary
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Activity: 1652
Merit: 1057
bigtimespaghetti.com
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January 14, 2015, 07:34:45 PM |
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Let's bump this thread in 2017, shall we? We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it. We should let this thread die. its just flogging a dead horse at this point. |
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jorrr
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January 14, 2015, 08:26:59 PM |
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just never go all in |
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BTC2DAMOON
Newbie
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Activity: 28
Merit: 0
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January 14, 2015, 08:57:41 PM |
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Just to recap the facts... the home value was ~$400,000 and the OP traded it for 648 BTC
At the current pricing the OP now has ~$117,000 in BTC
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CoinCidental
Legendary
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 14, 2015, 09:17:21 PM |
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Just to recap the facts... the home value was ~$400,000 and the OP traded it for 648 BTC
At the current pricing the OP now has ~$117,000 in BTC
but property is stable ,if we kept the house he would have minimal predictible gains with the volatility those btc could be worth 2-3 million usd in a few yrs thats the differnce  |
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Daanie
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January 14, 2015, 09:19:31 PM |
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Just to recap the facts... the home value was ~$400,000 and the OP traded it for 648 BTC
At the current pricing the OP now has ~$117,000 in BTC
but property is stable ,if we kept the house he would have minimal predictible gains with the volatility those btc could be worth 2-3 million usd in a few yrs thats the differnce Or not that sure is the difference |
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Richard Branson
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January 14, 2015, 09:21:07 PM |
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with the volatility those btc could be worth 2-3 million usd in a few yrs thats the differnce Yeah could. But cashing out, go to the casino and bet all on red has a higher chance of winning (49.9%) |
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CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 14, 2015, 09:29:52 PM |
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with the volatility those btc could be worth 2-3 million usd in a few yrs thats the differnce Yeah could. But cashing out, go to the casino and bet all on red has a higher chance of winning (49.9%) 49.9 % ? what game is that ? roulette wheel has 1/2 white stripes too so i think its not as close to 50% after the house edge i think btc could raise by 5000% #wait and see |
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picolo
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January 14, 2015, 10:09:45 PM |
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Just to recap the facts... the home value was ~$400,000 and the OP traded it for 648 BTC
At the current pricing the OP now has ~$117,000 in BTC
but property is stable ,if we kept the house he would have minimal predictible gains with the volatility those btc could be worth 2-3 million usd in a few yrs thats the differnce The upside is much bigger for Bitcoin and you have a legal risk of owning a property and many costs associated with it. Bitcoin is very risky and more volatile. |
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