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Author Topic: Spent over 1000USD  (Read 2935 times)
ibrahim11 (OP)
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February 05, 2015, 04:51:22 PM
Last edit: February 05, 2015, 05:32:52 PM by ibrahim11
 #1

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad Price is still very low Sad Will we ever see an increase to make a return on investment?
esse83
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February 05, 2015, 04:56:43 PM
 #2

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad Price is still very low Sad 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 Smiley Expect $1-5 by the end of the year.

“Bitcoin is wild and crazy investment that I’m diversifying out of all the time,” - Gavin Andresen
fonzie
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February 05, 2015, 04:59:23 PM
 #3

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad Price is still very low Sad 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 Smiley 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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"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
Warren Buffert
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February 05, 2015, 05:19:33 PM
 #4

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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February 05, 2015, 05:30:51 PM
 #5



Behold, the Cave where the Trolls dwell
ibrahim11 (OP)
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February 05, 2015, 05:32:39 PM
 #6

So I should just sell my coins?
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February 05, 2015, 05:33:42 PM
 #7

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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February 05, 2015, 05:41:48 PM
 #8

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad Price is still very low Sad 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 Smiley 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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February 05, 2015, 05:44:20 PM
 #9


I love this image and I am saving it, here a return image Smiley

http://s3.postimg.org/yofs0cfqb/cb94f11254a1d33486449ea0408fa0c4a61a376a.jpg

I plan to hold, op I trust in bitcoin and just read over 1000 merchants now accept it.
gkv9
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February 05, 2015, 06:22:55 PM
 #10

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad Price is still very low Sad 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 Smiley 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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February 05, 2015, 06:25:30 PM
 #11

I agree, $5 bitcoin is a fantasy at this point. $120-$150, on the other hand, is a real possibility.
Warren Buffert
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February 05, 2015, 06:27:09 PM
 #12

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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February 05, 2015, 06:28:10 PM
 #13

keep holding and buying, and you may see a great return, otherwise there is only the loss
jaredboice
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February 05, 2015, 06:35:17 PM
 #14



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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February 05, 2015, 06:38:46 PM
 #15

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad Price is still very low Sad 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


Warren Buffert
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February 05, 2015, 06:49:44 PM
 #16



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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February 05, 2015, 06:51:22 PM
 #17

If you don't want to lose more, sell now. This is the best price you'll get for it.

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jaredboice
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February 05, 2015, 07:27:34 PM
 #18

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"

 Cheesy

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February 05, 2015, 08:31:14 PM
 #19


troll feeding frenzy

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February 05, 2015, 10:41:24 PM
 #20


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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