Bitcoin Losers - page 5. | Bitcointalksearch.org

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: ljudotina on June 11, 2014, 12:53:44 PM

Quote from: Scott J on June 11, 2014, 12:47:44 PM

Quote from: ljudotina on June 11, 2014, 12:43:41 PM

Yes, IF bitcoin succeeds even those with small amount will be more or less rich. That's why i'm kinda sceptical...will current power allow that to happen? Will they switch to BTC so it wont matter, or will they do something more sinister.

The people in power won't mind people getting rich from Bitcoin, as long as they pay their taxes.

That would be true, if those same ppl were "in power" and "rich" from tax money. They are rich because they are stealing our assets and value with endless printing of money. And BTC is on it's way to stop that....i'm pretty much sure they wont like it.

the very top of the power pyramid (elite banksters) control everyone else because they control the money.
so they wont like it...

but the politicians that make the laws will want to get out of the grip of banksters too....
so i think crypto is the inevitable future.

Cryptopher

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Keep it dense, yeah?

Of course there will be lots of Bitcoin losers out there, somebody has to balance things out. Shorting is always a good idea when it starts to tank, but of course that in itself is a risky game.

You just need to hold and wait for brighter days - they will come.

ljudotina

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Quote from: Scott J on June 11, 2014, 12:47:44 PM

Quote from: ljudotina on June 11, 2014, 12:43:41 PM

Yes, IF bitcoin succeeds even those with small amount will be more or less rich. That's why i'm kinda sceptical...will current power allow that to happen? Will they switch to BTC so it wont matter, or will they do something more sinister.

The people in power won't mind people getting rich from Bitcoin, as long as they pay their taxes.

That would be true, if those same ppl were "in power" and "rich" from tax money. They are rich because they are stealing our assets and value with endless printing of money. And BTC is on it's way to stop that....i'm pretty much sure they wont like it.

BittBurger

hero member

Activity: 924

Merit: 1001

Quote from: Minecache on June 11, 2014, 07:44:29 AM

Anyone else feel like one of the bitcoin losers? We hear a lot about all the winners, now including some 15 year old child, but very little on the currency's losers. I got swept up in the mania last November and dared to invest my life saving into purchasing 1 bitcoin, just as it was near peak. That turned out to be a terrible purchase for me as the value dropped since, so bitcoin has only ever lost me money. Anyone else in my boots? I'd still like more bitcoins but going on my past 6 months my confidence and trust in this new currency has been shattered. Cry

LOL .... at your short-sighted-ness. Smh.

Scott J

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Quote from: ljudotina on June 11, 2014, 12:43:41 PM

Yes, IF bitcoin succeeds even those with small amount will be more or less rich. That's why i'm kinda sceptical...will current power allow that to happen? Will they switch to BTC so it wont matter, or will they do something more sinister.

The people in power won't mind people getting rich from Bitcoin, as long as they pay their taxes.

ljudotina

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Activity: 1260

Merit: 1029

Yes, IF bitcoin succeeds even those with small amount will be more or less rich. That's why i'm kinda sceptical...will current power allow that to happen? Will they switch to BTC so it wont matter, or will they do something more sinister.

DolanDuck

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If we just hold, with the exponential growth of bitcoins year after year, we will be winners in the long term.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: natecv8 on June 11, 2014, 12:19:22 PM

Quote from: Beliathon on June 11, 2014, 08:39:50 AM

Quote from: Minecache on June 11, 2014, 08:37:29 AM

Quote from: ?? on ??

OK... So your life savings last NOV 2013 you put in what $800 that is your life saving? did you save what $0.50 per week for 20 years... sorry but you sound like a mass troll... or some real poor dude that could do better if he begged for some money..

you know there are people that have lost lot half a btc bot 100 or 1000 btc ... and you dont see them cry in forums...

Yes, life savings. Business went bankrupt during recession. Not everyone is born with a silverspoon stuck up their backside.

If you were wealthy enough to EVER own a business (be a slave-owner) you were doing far better than most Americans. Your story doesn't add up. I suspect you are a liar.

I can't believe this - are you for real? This is the real world. I've owned a business and lost 300K and that money is gone. Someone with a narrow frame of reference like yours would either consider this to be bullshit or me to be a failure, but you've probably never had 10 staff on your books, high rent and high outgoings, and had to weather a downturn. All your money goes bye bye and you don't get a handout to save you. And you get the indignity of sitting there afterwards doing all the accounting and dealing with audits even though you're broke.

For someone who has been through that, climbing back into having money is a big thing, and losing it again is tough. Have some respect for others.

didnt you get the memo... creating values that others would voluntarily exchange their money for is BAD.... expecting profits as a reward for hard work is also BAD...
and creating so much value that you can actually offer jobs to people and provide them with a livelihood is the worst sin of all.

Tongue

Scott J

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I had ~150 BTC stolen just prior to the bubble before last.

I've had some very good luck since so it doesn't bother me and will be a good story to tell when BTC is @ $100,000 Wink

natecv8

newbie

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Merit: 0

Quote from: Beliathon on June 11, 2014, 08:39:50 AM

Quote from: Minecache on June 11, 2014, 08:37:29 AM

Quote from: ?? on ??

OK... So your life savings last NOV 2013 you put in what $800 that is your life saving? did you save what $0.50 per week for 20 years... sorry but you sound like a mass troll... or some real poor dude that could do better if he begged for some money..

you know there are people that have lost lot half a btc bot 100 or 1000 btc ... and you dont see them cry in forums...

Yes, life savings. Business went bankrupt during recession. Not everyone is born with a silverspoon stuck up their backside.

If you were wealthy enough to EVER own a business (be a slave-owner) you were doing far better than most Americans. Your story doesn't add up. I suspect you are a liar.

I can't believe this - are you for real? This is the real world. I've owned a business and lost 300K and that money is gone. Someone with a narrow frame of reference like yours would either consider this to be bullshit or me to be a failure, but you've probably never had 10 staff on your books, high rent and high outgoings, and had to weather a downturn. All your money goes bye bye and you don't get a handout to save you. And you get the indignity of sitting there afterwards doing all the accounting and dealing with audits even though you're broke.

For someone who has been through that, climbing back into having money is a big thing, and losing it again is tough. Have some respect for others.

madmadmax

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You have a fundamentally flawed way of thought that stems from a low financial intelligence.

I bet you think that early adopters were rewarded dis-proportionally or didn't deserve their coins as well right? The ability to detect promising technologies is VERY hard work, try your luck in the altcoin announcment section and be an early adopter for another coin. Most people will bitch and moan about the unfairness of early adopters but will never invest a cent into any of the promising altcoins.

cuntcoin

newbie

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Quote from: Acidyo on June 11, 2014, 12:08:20 PM

We are still one of the few early adopters, we can still be winners as long as we learn to hold properly for another couple of years. Don't make the mistake to risk your btc.

Yes, agreed. we are the still at the beginning of a new world with crypto-currency, will be a great and profitable journey for us all.

Acidyo

hero member

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Will Bitcoin Rise Again to $60,000?

We are still one of the few early adopters, we can still be winners as long as we learn to hold properly for another couple of years. Don't make the mistake to risk your btc.

cuntcoin

newbie

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Well, I was talking about this in UNI back in 2010, I said full of shit, but mates mined and lernt... I was wrong.. nasty lesson.. I now mine my ass off what a cunt hey

jeffersonairplane

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Activity: 1522

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www.bitkong.com

Bitcoin is a long term investment. You can't expect Bitcoin to give you a million bucks in the course of a few months. It would take years. We've seen explosive Growth, now it's stabilizing. Doesn't mean it won't do it again.

hellscabane

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Quote from: Minecache on June 11, 2014, 11:29:34 AM

As there are a few posters on here who seem to think that they know my life and motives, for clarity, I bought 1 bitcoin with my life savings at the end of last year. Obviously I've rebuilt some of these savings and have a relatively stable present employment situation which feeds the family. As the price of the bitcoin plummeted its shattered my faith in buying more. Not all my eggs are in one basket, or bitcoin if you wish. Running my own business and providing jobs for some faithful employees I lost everything in the recession. That said I've always put food on the table one way or another. The motivation behind buying the bitcoin was not to make a quick buck as I an in this for the long term. I invested in it for my families future, well to hopefully buy a house again and put the kids through collage. I expected bitcoin to have continued its upwards trajectory and am interested in hearing from others who feel that *so far* they are bitcoin losers. Although my original business failed I've no regrets about its years of success and providing jobs to others.

Well, I'm glad to hear that. I personally didn't mean to jump to any brash conclusions. From what I gathered, it seemed more profit motive rather than faith in the protocol.

Just take this wrenching loss as is and hopefully in the mean time, you've just sat on that one bitcoin and maybe you've been buying smaller amounts on some sort of basis. If you do that, you can set more stable prices to enter and exit some of your money.

Beliathon

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https://youtu.be/PZm8TTLR2NU

Quote from: ethought on June 11, 2014, 10:21:09 AM

You haven't lost anything unless you sell.

Just hold that 1 BTC and be patient.

Wise words.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

As there are a few posters on here who seem to think that they know my life and motives, for clarity, I bought 1 bitcoin with my life savings at the end of last year. Obviously I've rebuilt some of these savings and have a relatively stable present employment situation which feeds the family. As the price of the bitcoin plummeted its shattered my faith in buying more. Not all my eggs are in one basket, or bitcoin if you wish. Running my own business and providing jobs for some faithful employees I lost everything in the recession. That said I've always put food on the table one way or another. The motivation behind buying the bitcoin was not to make a quick buck as I an in this for the long term. I invested in it for my families future, well to hopefully buy a house again and put the kids through collage. I expected bitcoin to have continued its upwards trajectory and am interested in hearing from others who feel that *so far* they are bitcoin losers. Although my original business failed I've no regrets about its years of success and providing jobs to others.

Guido

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HODL

jonald_fyookball

legendary

Activity: 1302

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Core dev leaves me neg feedback #abuse #political

One key to investing/trading is not let your emotions
cloud your judgement.

If your confidence is shattered, don't do anything stupid.

Just hold your coin. In the future, it can be worth a lot.

Topic: Bitcoin Losers - page 5. (Read 5330 times)