ibrahim11 (OP)
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February 05, 2015, 04:51:22 PM Last edit: February 05, 2015, 05:32:52 PM by ibrahim11 |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment?
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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esse83
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February 05, 2015, 04:56:43 PM |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment? Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania Expect $1-5 by the end of the year.
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“Bitcoin is wild and crazy investment that I’m diversifying out of all the time,” - Gavin Andresen
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fonzie
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February 05, 2015, 04:59:23 PM |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment? Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania Expect $1-5 by the end of the year. Are you trying to lure in new victims with your bullish predictions? I highly doubt that 1$ will hold!
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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Warren Buffert
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February 05, 2015, 05:19:33 PM |
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The bubble popped the moment bitcoin broke below the previous ATH from April 2013. We are now at a lower price than 22 months ago!
Which all means that you are a bag holder. Sorry for your loss.
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jaredboice
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February 05, 2015, 05:30:51 PM |
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Behold, the Cave where the Trolls dwell
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ibrahim11 (OP)
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February 05, 2015, 05:32:39 PM |
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So I should just sell my coins?
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geforcelover
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February 05, 2015, 05:33:42 PM |
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So I should just sell my coins?
i suggest no wait for a time and maybe maybe the price will go upto at least 350$
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OgNasty
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Leading Crypto Sports Betting & Casino Platform
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February 05, 2015, 05:41:48 PM |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment? Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania Expect $1-5 by the end of the year. I will bet you any amount of money that we don't see a $5 Bitcoin this year. Let me know if you're interested.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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gkv9
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!!! RiSe aBovE ThE StoRm !!!
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February 05, 2015, 06:22:55 PM |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment? Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania Expect $1-5 by the end of the year. I will bet you any amount of money that we don't see a $5 Bitcoin this year. Let me know if you're interested. Yeah true... The guy tried to be too bearish on BTC... We might consider that someone's bearish on it, but saying it would go between $1-$5 is a troll... Actually, it's a shame... Bitcoin is such a technology which cannot be valuated by any of us currently as it's still in its developing phase, and not yet exposed to the whole of the world, and I don't think that it is still going to be known by everyone till the next 10 years, as everyone here seems to be pretty profit-minded, and not interested in showing it to the world by advertising it...
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stonerider
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February 05, 2015, 06:25:30 PM |
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I agree, $5 bitcoin is a fantasy at this point. $120-$150, on the other hand, is a real possibility.
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Warren Buffert
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February 05, 2015, 06:27:09 PM |
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So I should just sell my coins?
Yes, sell them now and take the money to your nearest casino and bet on black. At least you have almost 50% of doubling your money, which is much better than riding this sinking ship down.
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Amph
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February 05, 2015, 06:28:10 PM |
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keep holding and buying, and you may see a great return, otherwise there is only the loss
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jaredboice
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February 05, 2015, 06:35:17 PM |
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Troll Logic:1. Pick a forum on a topic you think is a waste of time 2. Waste time signing up for an account 3. Waste several hours of every day trying to convince everyone on the forum what a waste of time it is.
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jaberwock
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February 05, 2015, 06:38:46 PM |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment? the BTC/usd rate of your portfolio should by inversely proportional to the amount of train pictures you see in teh wall observer topic. and no one know if or when we will rise. Neither if it will fall even more
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Warren Buffert
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February 05, 2015, 06:49:44 PM |
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Troll Logic:1. Pick a forum on a topic you think is a waste of time 2. Waste time signing up for an account 3. Waste several hours of every day trying to convince everyone on the forum what a waste of time it is. Not a waste of time at all. It's really interesting to witness the reactions of the bitcoin believers here as they soundly reject logic and admonish critics. In the case here, they're called "trolls" despite calling the direction of the market accurately since the end of 2013. This is all very common behavior in cults and groups invested into a concept either emotionally or financially (usually both). In fact, I'm working on a book about the mind of a bitcoin fanatic and other financial schemes throughout the ages, which has received a lot of interest from my publisher. So let's consider this research!
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kwukduck
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February 05, 2015, 06:51:22 PM |
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If you don't want to lose more, sell now. This is the best price you'll get for it.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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jaredboice
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February 05, 2015, 07:27:34 PM |
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The Troll Warren Buffet is ignored. Unless he can prove that all the dozens (hundreds?) of trolls wasting their time in here posting negative sentiment on a topic they view a waste of time are actually all doing so because "they're researching for the novel they're writing"
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Hyena
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February 05, 2015, 08:31:14 PM |
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troll feeding frenzy
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afbitcoins
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February 05, 2015, 10:41:24 PM |
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I don't really understand the psyche of the bitcoin bear. Presumably you all want to accumulate fiat by shorting the shit out of bitcoin? Or do you have an altcoin in mind that is vastly superior? If you are accumulating fiat I hope you are putting it into hard assets and not leaving it in a bank. Fiat is destined to fail. Anyway in my view you should hold those bitcoin. If you have more money to invest I'd consider accumulating some physical gold and silver bullion which are also protection from the fiat/central banking system which is destined to perish in a very ugly way. Heres a reminder what happened in 2011. Bitcoin died then too. This is what that bubble looks like now, marked with pink hand pointer
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Hyena
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February 05, 2015, 10:54:56 PM |
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Heres a reminder what happened in 2011. Bitcoin died then too. Sweet memories I bought my first bitcoins at the price of 4.5$ after the 2011 crash. To extrapolate, the next bubble will compare to 2013 one like Canis Majoris to Sun.
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tarmi
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February 05, 2015, 10:57:22 PM |
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Heres a reminder what happened in 2011. Bitcoin died then too. Sweet memories I bought my first bitcoins at the price of 4.5$ after the 2011 crash. To extrapolate, the next bubble will compare to 2013 one like Canis Majoris to Sun. if you are waiting for the next bubble and you bought at 4.5 $ you are doing it wrong!
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Hyena
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February 05, 2015, 11:06:50 PM |
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if you are waiting for the next bubble and you bought at 4.5 $ you are doing it wrong!
Doing what wrong? I'm a professional permabull and hodling is what I do for living.
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bitcoin_bagholder
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February 06, 2015, 12:46:29 AM |
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Troll Logic:1. Pick a forum on a topic you think is a waste of time 2. Waste time signing up for an account 3. Waste several hours of every day trying to convince everyone on the forum what a waste of time it is. Not a waste of time at all. It's really interesting to witness the reactions of the bitcoin believers here as they soundly reject logic and admonish critics. In the case here, they're called "trolls" despite calling the direction of the market accurately since the end of 2013. This is all very common behavior in cults and groups invested into a concept either emotionally or financially (usually both). In fact, I'm working on a book about the mind of a bitcoin fanatic and other financial schemes throughout the ages, which has received a lot of interest from my publisher. So let's consider this research! I would like to have a chat with your publisher. Gimme the digits!
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Bitmixer sucks
Bit-X sucks
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spiderbrain
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February 06, 2015, 01:10:16 AM |
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I'm presuming you bought bitcoins with money you could afford to lose, so the plan is as normal: hold until either bitcoin is a success or the technology fails and it goes to zero. Neither has happened so you should continue to hold. I think over the next year up is more likely than down, but we might see $100 on the way. If it is stressing you out then sell enough so you can relax and it becomes a fun bet. Governments are printing money like lunatics in all the major economies, so a currency with relatively low pre-set inflation should in principle be a good bet right now.
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zimmah
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February 06, 2015, 02:05:05 AM |
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Heres a reminder what happened in 2011. Bitcoin died then too. Sweet memories I bought my first bitcoins at the price of 4.5$ after the 2011 crash. To extrapolate, the next bubble will compare to 2013 one like Canis Majoris to Sun. I love this chart, shows how big a fuzz we make about nothing. I don't know when the next bubble comes, but when it comes, we will not even remember this bear market. And we will cry when it dips to $2000 and people will complain Bitcoin is dead and it will fall all the way to $1000
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bitwarrior
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February 06, 2015, 02:12:24 AM |
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If your not in a hurry and does not need the money for now, just try to hold and wait for some reversal.. we might get to above $300. Just hope and do not sell for a larger loss.
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sgbett
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February 06, 2015, 02:14:03 AM |
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Wow. Posting in epic thread. The only thing lacking is a grilled cheese sandwich. Surely we can all agree that grilled cheese sandwiches are both grilled and contain cheese?
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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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bitcoin_bagholder
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February 06, 2015, 02:37:29 AM |
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Wow. Posting in epic thread. The only thing lacking is a grilled cheese sandwich. Surely we can all agree that grilled cheese sandwiches are both grilled and contain cheese? Yes but it can't be processed cheese or the waiter will be wearing it.
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Bitmixer sucks
Bit-X sucks
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hyphymikey
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February 06, 2015, 02:39:14 AM |
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That grilled cheese tho
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Chef Ramsay
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February 06, 2015, 05:18:34 AM |
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That grilled cheese tho I was hoping to see a Monte Christo sandwich irl. The GC is a granular dinner at this point.
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btcxyzzz
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Monero - secure, private and untraceable currency.
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February 06, 2015, 06:11:51 AM |
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Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania Expect $1-5 by the end of the year. Let's say all mined coins are sold immediately. That's 3600 BTC x 1 USD = 3600 USD/day. Do you really think Bitcoin is such a weak asset? That price is ridiculous on a world level. I say Bitcoin won't go under 150 USD no way.
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tabnloz
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February 06, 2015, 10:47:20 AM |
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The motives of many bears is the traders mentality.
Eg, A decline from $1000 to $900 is a $100 drop & 10% 'short' profit. From $500 to make a 10% profit it only needs to go to $450. At $300, it's $270. The lower it gets the less of a drop needed to make the same percentage profit. When you're trading at 20X it means a shedload of cash can be made trading on bitcoins legendary volatility. All champagne and lollipops for the pro traders / guys in the know.
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Elwar
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Viva Ut Vivas
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February 06, 2015, 11:14:50 AM |
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You have bitcoins? You're half way there. Do you like to save money on things you buy? Use http://www.purse.ioThen wonder why your friends pay full price for things using their fiat money.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Hyena
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February 06, 2015, 12:39:19 PM |
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You have bitcoins? You're half way there. Do you like to save money on things you buy? Use http://www.purse.ioThen wonder why your friends pay full price for things using their fiat money. I just registered and placed my first order (88$). Seems cool place but their UI does not scale very well on smaller screen resolutions. Also, my country was not in the list in the profile settings.
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Elwar
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Viva Ut Vivas
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February 06, 2015, 12:46:56 PM |
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I just registered and placed my first order (88$). Seems cool place but their UI does not scale very well on smaller screen resolutions. Also, my country was not in the list in the profile settings.
Ya, they change the UI sometimes. As long as it works. Does Amazon ship to you? That should be all that matters.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Hyena
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February 06, 2015, 12:54:19 PM |
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I just registered and placed my first order (88$). Seems cool place but their UI does not scale very well on smaller screen resolutions. Also, my country was not in the list in the profile settings.
Ya, they change the UI sometimes. As long as it works. Does Amazon ship to you? That should be all that matters. I have ordered some books from Amazon before so I guess they ship to me? But it bothers me a lot that my country is not listed at purse.io (Estonia).
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sherbyspark
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February 06, 2015, 12:55:53 PM |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment? Well, its obvious , the prices can go up and down. Its best to purchase, the amount such that if a variation happens, then you don't lose much. ROI maybe, but hard to say a definite Yes on it.
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xhomerx10
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February 06, 2015, 01:06:49 PM |
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Wow. Posting in epic thread. The only thing lacking is a grilled cheese sandwich. Surely we can all agree that grilled cheese sandwiches are both grilled and contain cheese? No, I have to take exception with this. What people purport to be grilling is actually frying as the sandwich (containing non-grilled cheese I should add) is actually cooked on a flat griddle and not on a grill. Also, any attempt to grill cheese for a sandwich would result in a gooey mess and more than likely a small fire.
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Elwar
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Viva Ut Vivas
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February 06, 2015, 01:10:52 PM |
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I have ordered some books from Amazon before so I guess they ship to me? But it bothers me a lot that my country is not listed at purse.io (Estonia). I'm not sure what the country is used for. As long as you can get Amazon to ship to you, someone else can get Amazon to ship to you. I had problems getting them to ship me a cell phone to an APO address but many Amazon merchants for that phone did not ship to me. But other things went through fine.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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v0yager
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February 06, 2015, 01:20:05 PM |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment? Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania Expect $1-5 by the end of the year. When prices were rising, all the people were talking about $10,000, while the prices fall people always say "we will hit $10 tomorrow". Please do not enlarge what are happening.
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sgbett
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February 06, 2015, 04:43:49 PM |
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Wow. Posting in epic thread.
The only thing lacking is a grilled cheese sandwich.
<snip>
Surely we can all agree that grilled cheese sandwiches are both grilled and contain cheese?
No, I have to take exception with this. What people purport to be grilling is actually frying as the sandwich (containing non-grilled cheese I should add) is actually cooked on a flat griddle and not on a grill. Also, any attempt to grill cheese for a sandwich would result in a gooey mess and more than likely a small fire. I, sir, take offence at your exception. Clearly your suggestion that a small fire would result from any attempt to grill cheese is outrageous speculation, and to do so discredits all rational debate as to whether a griddle is capable of grilling. Never in my life have I encountered such preposterity!
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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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thejaytiesto
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February 06, 2015, 11:41:36 PM |
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I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Price is still very low Will we ever see an increase to make a return on investment? Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania Expect $1-5 by the end of the year. When prices were rising, all the people were talking about $10,000, while the prices fall people always say "we will hit $10 tomorrow". Please do not enlarge what are happening. People here tend to be extremely emotional and delusional about their own investments. OP will sell then he will regret. Same old story of the people that cant invest long term.
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manis
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February 07, 2015, 09:22:25 AM |
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People here tend to be extremely emotional and delusional about their own investments.
I see that characteristic in most asset classes - equity, real estate....
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readysalted89
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February 07, 2015, 10:59:21 AM |
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Wow. Posting in epic thread.
The only thing lacking is a grilled cheese sandwich.
<snip>
Surely we can all agree that grilled cheese sandwiches are both grilled and contain cheese?
No, I have to take exception with this. What people purport to be grilling is actually frying as the sandwich (containing non-grilled cheese I should add) is actually cooked on a flat griddle and not on a grill. Also, any attempt to grill cheese for a sandwich would result in a gooey mess and more than likely a small fire. I, sir, take offence at your exception. Clearly your suggestion that a small fire would result from any attempt to grill cheese is outrageous speculation, and to do so discredits all rational debate as to whether a griddle is capable of grilling. Never in my life have I encountered such preposterity! WTF is a grilled cheese sandwich? I have heard of cheese on toast, but never a grilled cheese sandwich.
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Elwar
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Viva Ut Vivas
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February 07, 2015, 11:10:03 AM |
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WTF is a grilled cheese sandwich? I have heard of cheese on toast, but never a grilled cheese sandwich.
What planet do you live on? As I suspected...Aliens
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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