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Question: My BTC Position is...  (Voting closed: May 07, 2014, 05:17:39 PM)
Net Long (hoping it will rise right now) - 86 (65.6%)
Net Short (hoping it will drop right now) - 11 (8.4%)
Flat, waiting to buy - 21 (16%)
Flat, waiting to short - 1 (0.8%)
Flat, waiting to enter long or short, with no current bias - 7 (5.3%)
Flat, with no intention to ever enter the market - 5 (3.8%)
Total Voters: 131

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Raystonn (OP)
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May 06, 2014, 05:17:39 PM
 #1

You have 1 day to lock in your vote.  Results will be available after that.
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FeedbackLoop
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May 06, 2014, 05:38:17 PM
 #2


What happened to:

Net Long (hoping it will go down or stay flat to accumulate?)

An amorous cow-herder
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May 06, 2014, 06:23:02 PM
 #3

Bullish long term.
Bearish short term (4-8 years). There have to be at least 1-2 block reward halvings until BTC is even close to being competitive as a payment system (ever calculated the real cost of a transaction? Just divide block reward by the number of transactions per block ...)
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May 06, 2014, 06:28:34 PM
 #4

I will keep my last bitcoin even if we get on rock bottom ...


and reach this level of poverty ...




http://www.introversion.co.uk/
mit/x11 licence 18.x/16|o|3ffe ::71
Miz4r
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May 06, 2014, 06:33:51 PM
 #5

I'm net long since April 2013, but I do have some fiat saved up the past couple of months to catch another dip. I will only start buying if we go below 300 though with a nice panic sell-off, otherwise I will keep the fiat as I'm already happy with how many bitcoins I have now. But a $2xx price is just too tempting not to buy some more when it happens. Smiley

Bitcoin = Gold on steroids
bitcoinsrus
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May 06, 2014, 06:58:27 PM
 #6

I will keep my last bitcoin even if we get on rock bottom ...


and reach this level of poverty ...





1.00 ZWD   = 0.00276319 USD
 Shocked
adamstgBit
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May 06, 2014, 07:00:56 PM
 #7

I will keep my last bitcoin even if we get on rock bottom ...


and reach this level of poverty ...





1.00 ZWD   = 0.00276319 USD
 Shocked

no way i'd be a millionaire

i have hundreds of billions trillions of these "dollars"

gentlemand
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May 06, 2014, 07:03:44 PM
 #8

I bought 175 Trillion dollars as christmas presents. Unfortunately the exchange rate at the time absolutely destroyed me and it cost £11.
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May 06, 2014, 11:08:58 PM
 #9

I'm actually net long and hoping it will drop. where is that option?
TrailingComet
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May 07, 2014, 02:15:30 AM
 #10

Flattish and waiting to buy on dips

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May 07, 2014, 03:53:41 AM
 #11

looks like there's a new 100% proof of stake coin in town (Au backed). might get gold bugs interested a bit in cryptocurrencies
https://bitcointalk.org/index.php?topic=597734.20

Revewing Bitcoin / Crypto mining Hardware.
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May 07, 2014, 01:07:23 PM
 #12

I'm actually net long and hoping it will drop. where is that option?
waiting to get more "cheap" BTC?
same as me Grin
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May 07, 2014, 04:22:39 PM
 #13

CCMF
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May 07, 2014, 04:34:17 PM
 #14

net long awaiting drop.

we have years yet

"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
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piramida
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May 07, 2014, 05:19:23 PM
 #15

looks like there's a new 100% proof of stake coin in town (Au backed). might get gold bugs interested a bit in cryptocurrencies

Ahaha this is funny now thanks. I should make a new cryptocurrency backed by Moon and lead hordes of idiots to it.

i am satoshi
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May 07, 2014, 05:28:57 PM
 #16

Bullish long term.
Bearish short term (4-8 years). There have to be at least 1-2 block reward halvings until BTC is even close to being competitive as a payment system (ever calculated the real cost of a transaction? Just divide block reward by the number of transactions per block ...)
Can you expand on this?  Why does the "real cost" have to be lower for bitcoin to be competitive?  Aren't the "extra" costs borne by the miners?  How are bitcoin transactions (payment system) not competitive due to the cost of mining (currency issuing and security)?

Had your point been that Bitcoin likely needs years of maturing it's technological infrastructure before having the appropriate hardware and software services necessary to bring Bitcoin to the masses and compete with other easy to use incumbent payment system technologies, then I'd agree completely.
davidgdg
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May 07, 2014, 07:56:13 PM
 #17

Bearish short term (4-8 years).

Now that's a man with a long time horizon  Wink

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May 07, 2014, 08:20:49 PM
 #18

Net Long (hoping it will rise right now)   - 86 (65.6%)

2/3 of voters are long, So not enough participants left for reversal. Unless mega whale comes to rescue, Pain shall continue..

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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May 07, 2014, 08:49:35 PM
 #19

Net Long (hoping it will rise right now)   - 86 (65.6%)

2/3 of voters are long, So not enough participants left for reversal. Unless mega whale comes to rescue, Pain shall continue..
Yeah you're right, with 86 people in the world holding, and only 21 people in the world waiting to buy some more, there's no chance of a reversal.... bitcoin is clearly doomed.

/s  Roll Eyes   Grin
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May 08, 2014, 03:56:30 AM
 #20

I am short waiting to be long & wear big boy pants  Cheesy

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