rip in peace noob2001
he died of a computer hardrive being shoved up his ass
he died of a computer hardrive being shoved up his ass
haha.
i'm still hodling.
no pain no gain
Topic: . (Read 13598 times)
Quote
And cashing out half your coins when the price doubles is a great way to, well... lose half your coins.
Before returning the money to his parents, that half of coins are not 'half of your coins', but his parents' money for his college fund.Yeah, I know. I'm not saying what he did was right. I'm sure a lot of us would call it stealing, and morally, it probably is. Legally, he did nothing wrong, but I know that's not what you're getting at...
I just don't think it's a huge deal. He doesn't sound poor. What's a few grand for an opportunity like this? Why pay it back now when the remaining potential is so great?
We'll probably just have to agree to disagree. I have no kids of my own so I'm sure many parents out there will take my opinion and throw it out the window. And if you knew what the "whatnot" was that I talked about in my previous post then you probably wouldn't give me the time of day.
Maybe in the future he'll take care of his parents with his newfound wealth. I've paid my remaining parent's bills for over a year before and I'd be happy to do it again. It's the least I can do, and I hope our OP realizes that no matter how bad things may seem it's his parents who opened the door to the rest of his life.
My mom is fine now, though, and owns more bitcoin than I do.
yeah, i'm hoping to help a few people out too, if this pays off.
thanks for your support.....
my god!
I have to say, you have experience far beyond your years.
are you telling me that you rode the wave of bitcoin decline all the way to the bottom without flinching?
there are many much richer much more experienced traders who would have run much earlier.
welcome to the beginning of true growth, I hope my children can have the steel girth that you have displayed.
when i first read your post, I was a little concerned, these are adult games, and I was sure that you would fair badly, but here we are....
when you become chief of whatever profession you decide to move into, remind me to invest.
I have to say, you have experience far beyond your years.
are you telling me that you rode the wave of bitcoin decline all the way to the bottom without flinching?
there are many much richer much more experienced traders who would have run much earlier.
welcome to the beginning of true growth, I hope my children can have the steel girth that you have displayed.
when i first read your post, I was a little concerned, these are adult games, and I was sure that you would fair badly, but here we are....
when you become chief of whatever profession you decide to move into, remind me to invest.
so, i'm not that old, about 13, i don't have a job and i don't have a lot of savings to invest.......
after a huge amount of research, and in a moment of madness i withdraw from my college fund, which is technically mine although its my parents who pay into into it.
i've managed to buy 12 bitcoins. i'll be holding these indefinitely, even if the btc price drops 90%. no trading, although i may sell x amount to cover my expenses if things go well.
please reassure me i've done good?
and is 12 btc a good position?
and no lectures.
thanks
after a huge amount of research, and in a moment of madness i withdraw from my college fund, which is technically mine although its my parents who pay into into it.
i've managed to buy 12 bitcoins. i'll be holding these indefinitely, even if the btc price drops 90%. no trading, although i may sell x amount to cover my expenses if things go well.
please reassure me i've done good?
and is 12 btc a good position?
and no lectures.
thanks
Still holding?
Absolutely. I may have lost most of my un-realised profits, but it doesn't bother me. I have increased my bitcoin holdings substantially, from working part-time, giveaways and trading altcoins. I believe in bitcoin 100%. The current financial debt system is a ticking timebomb awaiting to explode and when it does bitcoins value will skyrocket.
Worth the investment one way or the other
You still have a good amount of years till you need to enter into college may as well have it in a position to do something
Just make sure they do not get stolen and your good ^^
Although in the time machine should have realized more unrealized profits same regret but alas ^^ next rise
so, i'm not that old, about 13, i don't have a job and i don't have a lot of savings to invest.......
after a huge amount of research, and in a moment of madness i withdraw from my college fund, which is technically mine although its my parents who pay into into it.
i've managed to buy 12 bitcoins. i'll be holding these indefinitely, even if the btc price drops 90%. no trading, although i may sell x amount to cover my expenses if things go well.
please reassure me i've done good?
and is 12 btc a good position?
and no lectures.
thanks
after a huge amount of research, and in a moment of madness i withdraw from my college fund, which is technically mine although its my parents who pay into into it.
i've managed to buy 12 bitcoins. i'll be holding these indefinitely, even if the btc price drops 90%. no trading, although i may sell x amount to cover my expenses if things go well.
please reassure me i've done good?
and is 12 btc a good position?
and no lectures.
thanks
Still holding?
He bought these coins on or before 11/12/13. The high for that day on Bitstamp was under $400, so that's the most he could have paid. We're currently at $365 and you guys are acting like he just did something terrible. I'd bet within the next few months $400 won't be a bad price.
so, i'm not that old, about 13, i don't have a job and i don't have a lot of savings to invest.......
after a huge amount of research, and in a moment of madness i withdraw from my college fund, which is technically mine although its my parents who pay into into it.
i've managed to buy 12 bitcoins. i'll be holding these indefinitely, even if the btc price drops 90%. no trading, although i may sell x amount to cover my expenses if things go well.
please reassure me i've done good?
and is 12 btc a good position?
and no lectures.
thanks
after a huge amount of research, and in a moment of madness i withdraw from my college fund, which is technically mine although its my parents who pay into into it.
i've managed to buy 12 bitcoins. i'll be holding these indefinitely, even if the btc price drops 90%. no trading, although i may sell x amount to cover my expenses if things go well.
please reassure me i've done good?
and is 12 btc a good position?
and no lectures.
thanks
This looks like an other bullshit story to raise confidence of unaware people .
Edit : didnt read the date of op post
HAHAHA I READ THIS THREAD WHEN IT WAS ALMOST FIRST MADE
nOW BTC IS FALLING OFF A CLIFF
UR MOMS GONNA BEAT YOUR ASS
nOW BTC IS FALLING OFF A CLIFF
UR MOMS GONNA BEAT YOUR ASS
Not even funny. Moron.
HAHAHA I READ THIS THREAD WHEN IT WAS ALMOST FIRST MADE
nOW BTC IS FALLING OFF A CLIFF
UR MOMS GONNA BEAT YOUR ASS
its temporary nOW BTC IS FALLING OFF A CLIFF
UR MOMS GONNA BEAT YOUR ASS
its an online savings account, in my name. i have full access to it and there isnt any restrictions. the account was getting decent interest, but hardly anytthing now. the money is just sitting inflating anyway. i follow ron paul and austrian economics. so i know the govt and central bankers are scum for inflating, and burdening young people with debts. i want to make a stand. no point telling my parents, because they are socialists, and tbh they wouldn't understand anyway.
So your parents set up an online savings account, in your name, that you can withdrawal from for any reason? This is wrong on so many levels.
First of all, when parents invest in a college savings plan, they usually go the route of a 529 plan or an IRA. These can`t be withdrawn from until the child enrolls in college. Technically you can actually withdraw anytime, but you`ll have to pay taxes on the balance and penalties under certain circumstances (this would clearly be one of those circumstances).
If you`re not bullshitting everyone here and your parents actually set up a traditional savings account for your college, then they`re just dumb. Savings accounts nationwide are paying 0.21% right now (far from "decent"), which is clearly losing value year to year, because of inflation.
So again, this is why I find this story hard to believe. Not many parents put money aside for their children`s college, so the ones who do probably wouldn`t be so dumb as to just tuck it away in an envelope or savings account, and then further dumb things up by giving the kid full access.
Come on people, think with your heads, please.
You're one of those guys from r/personalfinance aren't ya?
its an online savings account, in my name. i have full access to it and there isnt any restrictions. the account was getting decent interest, but hardly anytthing now. the money is just sitting inflating anyway. i follow ron paul and austrian economics. so i know the govt and central bankers are scum for inflating, and burdening young people with debts. i want to make a stand. no point telling my parents, because they are socialists, and tbh they wouldn't understand anyway.
So your parents set up an online savings account, in your name, that you can withdrawal from for any reason? This is wrong on so many levels.
First of all, when parents invest in a college savings plan, they usually go the route of a 529 plan or an IRA. These can`t be withdrawn from until the child enrolls in college. Technically you can actually withdrawal anytime, but you`ll have to pay taxes on the balance and penalties under certain circumstances (this would clearly be one of those circumstances).
If you`re not bullshitting everyone here and your parents actually set up a traditional savings account for your college, then they`re just dumb. Savings accounts nationwide are paying 0.21% right now (far from "decent"), which is clearly losing value year to year, because of inflation.
So again, this is why I find this story hard to believe. Not many parents put money aside for their children`s college, so the ones who do probably wouldn`t be so dumb as to just tuck it away in an envelope or savings account, and then further dumb things up by giving the kid full access.
Come on people, think with your heads, please.
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