PrinceVisi
Elite Member
- Jan 11, 2012
- 1,921
- 1,027
ME neither. I feel so depressed for not dropping a 1000$ on them at least one month ago since I was about to.
Who Else Is Shitting Themselves At BitCoin Prices?
- Thread starter mdsurf
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ME neither. I feel so depressed for not dropping a 1000$ on them at least one month ago since I was about to.
WorkHardL0veLife
Regular Member
- Mar 14, 2011
- 251
- 436
I would invest in at least one or two coins I think its only going up from here. What if it really takes off in value you'll wish you invested now while you could.
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LOL everyone BE HAPPY BitCoin is DEAD. They got hacked and shut down
http://venturebeat.com/2013/04/03/bitcoin-wallet-instawallet-hacked/
http://venturebeat.com/2013/04/03/bitcoin-wallet-instawallet-hacked/
- Jun 25, 2009
- 886
- 1,538
Instawallet is not bitcoin ... it's just a wallet.
at: That's like saying ok guys, the stock market is over ... I lost my wallet.
pietpatat
Regular Member
- Mar 30, 2010
- 340
- 229
If you have some extra and want to have some fun, go for it. If it's your next months rent, keep it. Nobody can tell what bitcoin will do, maybe the bubble will crash or maybe it will reach $5,000. But if you look at past events it useally recovers pretty quick after a dip, which is kinda happing right now. Anyway I bought some more at $115, just to have some fun.
And the best thing is you can only lose 100% of your investment, while you can gain 200% ( what people who bought at $7 are experiencing now), 300%, 400% etc
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zebrahat
Elite Member
- Aug 6, 2008
- 2,514
- 3,037
Just like with all investment issues, 'non-professionals' should not give others advice. But for myself, I intend to buy or mine as many BTCs as possible while it's still in the three figures per coin (yup, I project it's going deep into the stratosphere). STOP THINKING IN MONTH TO MONTH TERMS, get it while you can, and hold at least 5 years. Save this thread as a snapshot of what people thought as of this date, and use as a plumbline to judge who was right as of 2018.
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- Jun 25, 2009
- 886
- 1,538
I am not an expert but I think if you invest now with a 1 year plan you are going to make money in the long run. There will be some drastic gains and drastic losses in between.
Paco De Lucía
Junior Member
- Feb 6, 2013
- 131
- 164
At the moment, the majority of BTC seems to be used to buy drugs off of the silk road - that is the most popular known application of it anyways. Although the silk road market is large, not large enough to cause the huge upswings you've seen in BTC lately.. this is all caused by speculators - *very* amateur speculators.
I won't pontificate on technical vs. fundamental market analysis or anything like that here. The TL;DR version is that when a market sector rises tremendously (as BTC has) it is due for an incredible fall, below the starting value of the currency mania. The currency will fall well below the $7 value it was at before all of the speculation nonsense started off.
It is the oldest story every told... "OH, MY TULIP BULBS ARE GOING TO MAKE ME RICH! YOU POOR BASTARDS SHOULD HAVE GOTTEN IN WHEN TULIP BULBS WERE ONLY <INSERT VALUE HERE>!
Me? I'm just going to sit on the sidelines and enjoy the show while this sucker implodes. Like a star going supernova, this thing is going to pop at least within the next few months.
Duffers5000
Elite Member
- Apr 1, 2012
- 2,477
- 7,772
I havent a clue about any of this but I have watched booms and bust occuring in real time several times. All I know is real investments tends to be made before the dogs in the street are talking about it. Im not talking about this forum which is populated by business people with their eye on money, Im talking about being on the front page of Yahoo etc.
Anyway fascinating stuff I am on Mt Gox now trying to educate myself. Seems like if you know your stuff you could set up a blog today and get some instant traffic ?
Anyway fascinating stuff I am on Mt Gox now trying to educate myself. Seems like if you know your stuff you could set up a blog today and get some instant traffic ?
Paranoid Android
Elite Member
- Jun 20, 2010
- 2,864
- 4,209
its a bubble, you should know when to exit if you want to get in now
zebrahat
Elite Member
- Aug 6, 2008
- 2,514
- 3,037
This week is the first I've heard of Litecoin, but it may serve as an appropriate secondary peer-to-peer ecurrency (because Bitcoin was already "first to market" with the same set-up). Litecoin is scheduled to have a total of 84 million coins mined, four times more than Bitcoin, so it should stay cheaper longer compared to BTC. And I notice the same nay sayers who discounted Bitcoin 2-3 years ago are doubting this identically structured e-currency will work out as well. As with BTC, mine/buy some and hold, and let's see who's right in 5 years.
More info:
More info:
Code:
https://en.bitcoin.it/wiki/Litecoinpietpatat
Regular Member
- Mar 30, 2010
- 340
- 229
So big brokers such as Etoro are now going to accept bitcoin and even setup a trading instrument for it. There are rumours about bitcoin ATM machines going down in cyprus and LA. You can even pay for porn on reddit with bitcoins!
Maybe this bubble can turn into a real currency?
Maybe this bubble can turn into a real currency?
ShadeDream
BANNED
- Nov 27, 2008
- 2,296
- 5,536
LOL WTF @ your avatar?
jackydaniels14
BANNED
- May 6, 2012
- 263
- 238
xashishx, nobody knows anything. Invest at your own risk, those guys that make hundreds of thousands per day/week on the stock market don't listen to anyone but themselves.
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