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rosh
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February 22, 2015, 10:23:51 AM |
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you'll be rich
don't let money change you
He's already rich if he can afford buying 100BTC. At least in my view. I'd be happy to have 10. 100 BTC is around 25k dollar right now... Still a lot especially if you follow the "invest only what you can afford to lose" rule. Yup, 100 btc is way out of my league. |
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Even in the event that an attacker gains more than 50% of the network's
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reversed or double-spent. The network would not be destroyed.
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najzenmajsen
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February 22, 2015, 01:54:53 PM |
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hold what you feel like you can lose , as always. or go full all in and well .. dont .
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BillyBobZorton
Legendary
 Offline
Activity: 1204
Merit: 1028
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February 22, 2015, 05:40:46 PM |
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hold what you feel like you can lose , as always. or go full all in and well .. dont .
Its easy to lose 200$ now but hard to lose 10000$ in the long run. If you dont own 1 BTC by 2015 you are doing it wrong. |
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dothebeats
Legendary
Offline
Activity: 3626
Merit: 1352
Cashback 15%
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February 22, 2015, 05:42:44 PM |
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100 bitcoins might be good to hold, but apparently, the crypo-market is a rapid-changing environment. One moment you're up, one moment you're down. It depends on the different circumstances that no single entity can hold on his hands. We can safely say that that 100 bitcoins may take you to the millionaire club, but we can also say that it will cost you nothing by the year 2020, as to what Satoshi said.
Well in any case, just don't go all-in. There are lots of investment opportunities out there that may take you to your millions in the year 2020.
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dothebeats
Legendary
Offline
Activity: 3626
Merit: 1352
Cashback 15%
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February 22, 2015, 05:45:01 PM |
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hold what you feel like you can lose , as always. or go full all in and well .. dont .
Its easy to lose 200$ now but hard to lose 10000$ in the long run. If you dont own 1 BTC by 2015 you are doing it wrong. But definitely it's also hard to lose money in the end. Holding a couple of btc at hand may save you in the coming years, but what if you are holding too much but by the year 2020 came, bitcoin has no value at all? Risks, risks everywhere. 1-10 btc is safe to hold. Whatever happens, there will be no regrets in the end. |
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CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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February 22, 2015, 06:05:50 PM |
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hold what you feel like you can lose , as always. or go full all in and well .. dont .
Its easy to lose 200$ now but hard to lose 10000$ in the long run. If you dont own 1 BTC by 2015 you are doing it wrong. But definitely it's also hard to lose money in the end. Holding a couple of btc at hand may save you in the coming years, but what if you are holding too much but by the year 2020 came, bitcoin has no value at all? Risks, risks everywhere. 1-10 btc is safe to hold. Whatever happens, there will be no regrets in the end. its all relative ,people who bought for pennies or single digits can afford to hold thousands of btc and "see what happens " people like the venture capitalists that are winning the silk rd coin auctions are likely to be able to hold through any volatility as well and come out smiling on the other end because theyre already high net worth individuals etc some kid still at school with biulls to pay or whatever will have to fold long before the people who are more financially comfortable or thpose who made a fortune already in btc and are already playing with "house" money |
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ekissane (OP)
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February 24, 2015, 05:49:32 PM |
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Buying 3 more bitcoins now. I'd rather have bitcoins now than euros.
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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February 24, 2015, 06:33:14 PM |
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Buying 3 more bitcoins now. I'd rather have bitcoins now than euros.
Increasing your stack is a good idea now. The price seems to be reasonably low, so you are not risking much. And in the end of the day, having 103 instead of 100 BTC will make achieving your goal a tad easier. |
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HarmonLi
Sr. Member
Offline
Activity: 350
Merit: 250
Honest 80s business!
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February 24, 2015, 07:12:16 PM |
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Buying 3 more bitcoins now. I'd rather have bitcoins now than euros.
Increasing your stack is a good idea now. The price seems to be reasonably low, so you are not risking much. And in the end of the day, having 103 instead of 100 BTC will make achieving your goal a tad easier. Well if I had a lot of spare FIAT to invest right now, I may be more tempted to wait until a trend-reversal or breakout is confirmed. If this doesn't happen, I'd still have some coins to buy at ridiculously low prices - if that ever happens!  |
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Warrior B
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February 26, 2015, 02:25:00 AM |
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You will definitely be a millionaire by 2020 if you manage to still hold your coins.
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ekissane (OP)
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February 28, 2015, 01:54:07 AM |
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You will definitely be a millionaire by 2020 if you manage to still hold your coins.
I believe I will be too but it's nice to have validation from others  |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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February 28, 2015, 11:00:14 AM |
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Just keep buying a little each month to add to your stash (cold storage).
We are at the end of a brutal bear market.
The future is uncertain but bitcoin is a great assymetric position to hold for the next five years. Despite everything you still got in early and if bitcoin takes off then the difficulty will be not selling if the price shoots up again.
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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February 28, 2015, 01:06:11 PM
Last edit: February 28, 2015, 01:46:44 PM by uki |
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You will definitely be a millionaire by 2020 if you manage to still hold your coins.
I believe I will be too but it's nice to have validation from others There is quite a good chance that your mission ends successfully, I believe. If not, even reaching half of your goal will still make you happy. And that is more probable with two more halvings ahead within that time. |
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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February 28, 2015, 01:35:50 PM |
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Buying 3 more bitcoins now. I'd rather have bitcoins now than euros.
Yeah I feel you man, Euro rate is rubbish. I'm glad I hold Bitcoins which gives me a good feeling Hold your coins for as long as you can and enjoy. |
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Q7
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February 28, 2015, 01:41:30 PM |
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Buying 3 more bitcoins now. I'd rather have bitcoins now than euros.
Yeah I feel you man, Euro rate is rubbish. I'm glad I hold Bitcoins which gives me a good feeling Hold your coins for as long as you can and enjoy. Obviously there's nothing to lose. With the euro situation which is already getting bad as days go by, switching to bitcoin means at least there is still some hope left. I would rather diversify investment portfolio to different areas rather than continue to hold on to fiat. |
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picolo
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February 28, 2015, 02:29:35 PM |
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Buying 3 more bitcoins now. I'd rather have bitcoins now than euros.
Yeah I feel you man, Euro rate is rubbish. I'm glad I hold Bitcoins which gives me a good feeling Hold your coins for as long as you can and enjoy. Get bitcoins, gold and real assets that cannot be taxed easily and have low maintenance fees! |
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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February 28, 2015, 03:08:24 PM
Last edit: February 28, 2015, 05:00:02 PM by uki |
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Obviously there's nothing to lose. With the euro situation which is already getting bad as days go by, switching to bitcoin means at least there is still some hope left. I would rather diversify investment portfolio to different areas rather than continue to hold on to fiat.
Just for the sake of being precise, there is some risk involved in Bitcoin, too. In a not improbable scenario, when Bitcoin is substituted with Bitcoin 2.0 (or any new altcoin that rises to dominance) someone holding and forgetting about bitcoins, may lose it all. |
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mrhelpful
Legendary
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Activity: 1456
Merit: 1002
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February 28, 2015, 06:42:19 PM |
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I sense you can be a milionaire before that, if bitcoin has its major adoption.
And when I say adoption I mean people get the concept of using a dual credit system on what they already currently use today.
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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February 28, 2015, 07:15:39 PM |
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Obviously there's nothing to lose. With the euro situation which is already getting bad as days go by, switching to bitcoin means at least there is still some hope left. I would rather diversify investment portfolio to different areas rather than continue to hold on to fiat.
Just for the sake of being precise, there is some risk involved in Bitcoin, too. In a not improbable scenario, when Bitcoin is substituted with Bitcoin 2.0 (or any new altcoin that rises to dominance) someone holding and forgetting about bitcoins, may lose it all. If altcoin replaces bitcoin, it is then a fact that another altcoin will replace that altcoin, if u get me. Prooving that from above would mean that there would be no more long term investments in the coin, and therefore no further development. So your theory falls here, because if there is to be a bitcoin 2.0, it will still be bitcoin, just upgraded to whatever it is demanded of it, with every balance restored from original bitcoin. For the sake of bitcoin itself, i think it would be the best to remove entire altcoin section from this forum, and let altcoins proove they are worth something from zero, just like bitcoin had to do, and not spam bitcoin users with their "inovations" cheers |
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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February 28, 2015, 09:49:19 PM |
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Just for the sake of being precise, there is some risk involved in Bitcoin, too. In a not improbable scenario, when Bitcoin is substituted with Bitcoin 2.0 (or any new altcoin that rises to dominance) someone holding and forgetting about bitcoins, may lose it all.
If altcoin replaces bitcoin, it is then a fact that another altcoin will replace that altcoin, if u get me. Prooving that from above would mean that there would be no more long term investments in the coin, and therefore no further development. So your theory falls here, because if there is to be a bitcoin 2.0, it will still be bitcoin, just upgraded to whatever it is demanded of it, with every balance restored from original bitcoin. ... My theory does not fall here. The point I made was the following: Bitcoin has all the possibilities to be successful long-term investment. But it is not risk-free, with the risk being that Bitcoin may fall at massive adoption, e.g., by being replaced by some other coin in not too distant future. One should be aware of that. |
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