I'm back in!

[Spjuth]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

[doof]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

Again ? WHat price did you earlier sell your bitcoin at ?

I sold a bunch at $700 before the SR auctions.  Put buy orders in at $200 down to $50.

[Spjuth]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

Again ? WHat price did you earlier sell your bitcoin at ?

I'm sorry if it sounded as if I have sold ALL my bitcoins. I have not, not even close. I sold about 5% between $700-1000 (I diversified). But I have not invested any more money into bitcoin for over a year, until now.

[thompete]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

Again ? WHat price did you earlier sell your bitcoin at ?

I'm sorry if it sounded as if I have sold ALL my bitcoins. I have not, not even close. I sold about 5% between $700-1000 (I diversified). But I have not invested any more money into bitcoin for over a year, until now.

Oh ok . Thats great . I still didn't understand the reference of coming back in, if you always were

[AtheistAKASaneBrain]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

Do you still trust Bitstamp at this point? I would withdrawn all BTC as soon as possible after operating. Unless you are a daytrader imo don't leave a single satoshi in any exchange. Even Andreas has been saying this for ages.

[Wintermute]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism  

Do you still trust Bitstamp at this point? I would withdrawn all BTC as soon as possible after operating. Unless you are a daytrader imo don't leave a single satoshi in any exchange. Even Andreas has been saying this for ages.

Amen to that. Lost quite some BTC in mtgox because I trusted that their cold wallet is a cold wallet (and does not "leak").

Never underestimate counterparty risk!

[orsotheysaid]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism  

Do you still trust Bitstamp at this point? I would withdrawn all BTC as soon as possible after operating. Unless you are a daytrader imo don't leave a single satoshi in any exchange. Even Andreas has been saying this for ages.

Amen to that. Lost quite some BTC in mtgox because I trusted that their cold wallet is a cold wallet (and does not "leak").

Never underestimate counterparty risk!

Yes, leaving coins in a market = they arent your coins anymore because you dont own the private keys.

[darkangel11]

Just read a bunch of threads named "it's over, i'm out" and now we have "i'm in". What a great example of a typical market action.

[waaat?]

Just read a bunch of threads named "it's over, i'm out" and now we have "i'm in". What a great example of a typical market action.

Probably made to look that way. After all OP never sold his coins...

[Spjuth]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

Do you still trust Bitstamp at this point? I would withdrawn all BTC as soon as possible after operating. Unless you are a daytrader imo don't leave a single satoshi in any exchange. Even Andreas has been saying this for ages.

What? If you're not safe to store your money in a Slovenian bitcoin exchanger, where can you store your money!?

https://www.youtube.com/watch?v=k-YPZdZD-0A

[Spjuth]

Just read a bunch of threads named "it's over, i'm out" and now we have "i'm in". What a great example of a typical market action.

Probably made to look that way. After all OP never sold his coins...

I'm back in the buying game. Not just hodling but hoarding!

[pereira4]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

Do you still trust Bitstamp at this point? I would withdrawn all BTC as soon as possible after operating. Unless you are a daytrader imo don't leave a single satoshi in any exchange. Even Andreas has been saying this for ages.

What? If you're not safe to store your money in a Slovenian bitcoin exchanger, where can you store your money!?

https://www.youtube.com/watch?v=k-YPZdZD-0A

Lol, Good catch. Well, its a critique/joke but its better than no publicity at all. At least a lot of the Jimmy Fallon audience may google Bitcoin and learn from themselves.
Im seeing too many jokes about Bitcoin lately in mainstream media tho. It gets fucking annoying at times. These dumb dollar loving cunts will not know where its coming from when shit hits the fan.

[ChuckBuck]

Good for you Spjuth!

Too many "I'm out!" or "Sold all my Bitcoins" or "Bitcoin's dead" yada yada threads.

Good to see an old soul come back into the fray, and reinvest into Bitcoin.

Welcome back!   

[Wendigo]

So the dust settled around $215 and people are buying in again in droves expecting the price to rise. Where is the catch?

[R2D221]

So the dust settled around $215 and people are buying in again in droves expecting the price to rise. Where is the catch?

If everyone buys expecting the price to rise, then it will rise, won't it? Isn't that how supply and demand works?

[NorrisK]

So the dust settled around $215 and people are buying in again in droves expecting the price to rise. Where is the catch?

If everyone buys expecting the price to rise, then it will rise, won't it? Isn't that how supply and demand works?

Only to get dumped again when people can take their 10-20% profit..

[BitCoinNutJob]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

welcome back, why on earth did you ever get out, with taxes and all.

[Spjuth]

Good for you Spjuth!

Too many "I'm out!" or "Sold all my Bitcoins" or "Bitcoin's dead" yada yada threads.

Good to see an old soul come back into the fray, and reinvest into Bitcoin.

Welcome back!   

Thanks! I have bought at the bottom (or close to) of every crash. I love those times!
When there is nothing wrong with the fundamentals/nothing has changed but everyone is panicking, I know it's turning towards buying times.
When everyone is depressed and calling the end of bitcoin, it's time to buy.

Most people are driven by irrational feelings. When price is going up, they see the quick buck and will buy. When price is going down, they cry themselves to sleep, wondering why they did not sell earlier. I see it as if you act the opposite way, you will gain.

A friend asked me at what price I will sell my coins. I answered him never. At the price point where I can think of selling my coins, they are at a level where everyone accepts them and there is no longer any need for fiat currency. At that point no one will talk about selling bitcoins, since they are the base.

I know it might seem strange that I feel exhilarate at these times when bitcoin price is at rock bottom and a lot of people, including me, have seen their assets diminish substantially. But I always try to see the opportunity, the rest is out of my hands.  

Finally some of my favourite quotes:
“Buy when there’s blood in the streets, even if the blood is your own.“ - Baron Rothschild
"Don't buy when everyone else is buying. Buy when everyone else is selling." - Warren Buffet

Edit: wrong quote.

[mlferro]

So the dust settled around $215 and people are buying in again in droves expecting the price to rise. Where is the catch?

If everyone buys expecting the price to rise, then it will rise, won't it? Isn't that how supply and demand works?

yes, in theory is to go up yes .... but in practice (in my view) just waiting.

[mayax]

The price is right, so today I transfered money to Bitstamp and tomorrow I will buy Bitcoin again!

As Zhou Tonged said before their video was taken down, Price Down, Pick up!

With everything happening in the bitcoin space plus price being ridiculously low, I ones again for the first time in over a year is buying. Just wanted to let you know about my optimism 

Do you still trust Bitstamp at this point? I would withdrawn all BTC as soon as possible after operating. Unless you are a daytrader imo don't leave a single satoshi in any exchange. Even Andreas has been saying this for ages.

What? If you're not safe to store your money in a Slovenian bitcoin exchanger, where can you store your money!?

https://www.youtube.com/watch?v=k-YPZdZD-0A

LOL. good one ! He is right