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neptop (OP)
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May 17, 2011, 09:29:26 PM |
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Ouch, it really hurts when you realize you sold Bitcoins that would be worth more 70 000USD now for 20 USD a year ago.  Anyone else here who know how it feels? Or anyone here happy to have done so? |
BitCoin address: 1E25UJEbifEejpYh117APmjYSXdLiJUCAZ
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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riX
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May 17, 2011, 09:38:29 PM |
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I bought a 200 USD paysafecard from bitcoin2cc for 662.5 Bitcoins, currently the worst trade I've made with BTC.
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neptop (OP)
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May 17, 2011, 09:44:29 PM |
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Yaeah, also paysafecard here. Just a 20USD one for a few thousand BCs. What did I learn from that? Never trust in what you learned in school.  |
BitCoin address: 1E25UJEbifEejpYh117APmjYSXdLiJUCAZ
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Distribution
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May 18, 2011, 01:47:36 AM |
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I'm extremely mad that the guy I was dealing with about two months ago has been so slow in getting me my computer which was going to be a dedicated mining rig. I'm out a huge amount just for that.
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rebuilder
Legendary
 Offline
Activity: 1615
Merit: 1000
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May 18, 2011, 07:07:02 AM |
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I've spent something like 600 BTC, probably more, on various things since early this year. Most of them before USD parity. No regrets, I knew the exchange rate might go up. Now, as then, if I want to buy things with BTC, I'll buy the relevant amount at spot price and leave my hoard alone.
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Selling out to advertisers shows you respect neither yourself nor the rest of us.
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Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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Alex Beckenham
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May 18, 2011, 07:14:31 AM |
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Ouch, it really hurts when you realize you sold Bitcoins that would be worth more 70 000USD now for 20 USD a year ago. Anyone else here who know how it feels? Or anyone here happy to have done so? If you had 10,000 BTC now, would you actually sell them for 70,000 USD? Or would you wait another year and sell them for $1m? |
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happyland
Newbie
Offline
Activity: 53
Merit: 0
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May 18, 2011, 08:26:11 AM |
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Ouch, it really hurts when you realize you sold Bitcoins that would be worth more 70 000USD now for 20 USD a year ago. Anyone else here who know how it feels? Or anyone here happy to have done so? I mined around 14,000 coins a year ago when difficulty was 3. Yes, 3. I was ecstatic that I had made $70 for doing nothing, but I kind of forgot about bitcoins until a month ago, when I noticed it hit parity, a 20000% ROI. Although I sold a few off around $5.00/BTC a few weeks ago, I've still held on to the vast majority for when it'll (hopefully) serve as my retirement fund  |
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FreeMoney
Legendary
Offline
Activity: 1246
Merit: 1014
Strength in numbers
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May 18, 2011, 03:52:25 PM |
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Ouch, it really hurts when you realize you sold Bitcoins that would be worth more 70 000USD now for 20 USD a year ago. Anyone else here who know how it feels? Or anyone here happy to have done so? I mined around 14,000 coins a year ago when difficulty was 3. Yes, 3. I was ecstatic that I had made $70 for doing nothing, but I kind of forgot about bitcoins until a month ago, when I noticed it hit parity, a 20000% ROI. Although I sold a few off around $5.00/BTC a few weeks ago, I've still held on to the vast majority for when it'll (hopefully) serve as my retirement fund Sick score dude, congrats. I bought a little tiny piece of gold for what would now be over $10k USD. I think I drank some $1k coffee too. It was pretty good though. |
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
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tomcollins
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May 18, 2011, 05:35:07 PM |
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Ouch, it really hurts when you realize you sold Bitcoins that would be worth more 70 000USD now for 20 USD a year ago. Anyone else here who know how it feels? Or anyone here happy to have done so? If you had 10,000 BTC now, would you actually sell them for 70,000 USD? Or would you wait another year and sell them for $1m? Or wait 5 years and sell them for $1 TRILLION. |
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Current-C
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May 18, 2011, 05:45:03 PM |
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I'm one of those guys that downloaded the client I think about 6 months ago, clicked "generate coins" and got frustrated when nothing happened. I uninstalled it cause it was dragging down my cpu.  |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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May 18, 2011, 06:12:28 PM |
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I'm one of those guys that downloaded the client I think about 6 months ago, clicked "generate coins" and got frustrated when nothing happened. I uninstalled it cause it was dragging down my cpu. Me too.  |
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Gavin Andresen
Legendary
Offline
Activity: 1652
Merit: 2216
Chief Scientist
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May 18, 2011, 06:13:19 PM |
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Just think of that guy who gave away 10,000 bitcoins through the Bitcoin Faucet...
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How often do you get the chance to work on a potentially world-changing project?
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hazek
Legendary
Offline
Activity: 1078
Merit: 1002
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May 18, 2011, 11:31:00 PM |
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I just hope people realize that if say 30k BTC hit the market right now the price would crash to probably under parity.
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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bencoder
Member
Offline
Activity: 90
Merit: 10
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May 18, 2011, 11:39:56 PM |
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Sold 1,000 bitcoins for about $45, after a sudden increase of 10x from about 0.004. I felt sure that it was going to crash after an increase of 10x in such a short period, so I sold. The next day, I think, was the first slashdotting. Oops. |
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Hal
VIP
Sr. Member
Offline
Activity: 314
Merit: 3853
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May 19, 2011, 01:43:51 AM |
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Sent 1000 btc to a friend as a test transaction the first month. Luckily he sent it back. |
Hal Finney
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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May 19, 2011, 01:46:44 AM |
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I bought some at $7.77. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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The Script
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May 21, 2011, 07:02:03 PM |
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Just think of that guy who gave away 10,000 bitcoins through the Bitcoin Faucet...
The fool.... |
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Dansker
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May 21, 2011, 08:25:02 PM |
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The guy who gave away 10.000 to the faucet may have made his remaining coins worth comparably more, due to the increase in useage of the coins.
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Vandroiy
Legendary
Offline
Activity: 1036
Merit: 1002
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May 21, 2011, 08:44:35 PM |
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The guy who gave away 10.000 to the faucet may have made his remaining coins worth comparably more, due to the increase in useage of the coins.
That. Had people just hoarded BTC when they were still a game currency, it wouldn't have gone anywhere. Yes, I think the prices were just too low, but there was a very good change BTC would just die again until the real activity boom happened. So I don't think trading in BTC instead of totally hoarding them was stupid. People were just doing something else than speculating. |
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SmokeTooMuch
Legendary
Offline
Activity: 860
Merit: 1021
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May 21, 2011, 09:51:26 PM |
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Ouch, it really hurts when you realize you sold Bitcoins that would be worth more 70 000USD now for 20 USD a year ago. Anyone else here who know how it feels? Or anyone here happy to have done so? If all of us had kept their coins there wouldn't be a market like it is today, so look at your "stupidity" as an investment into the system. |
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