Guys... | Bitcointalksearch.org

deathcode

copper member

Activity: 1428

Merit: 253

Quote from: LoweryCBS on March 28, 2013, 06:16:32 AM

Let's get real here:

Take some money off the table. Diversify.

Use some of your bitcoin, and buy some gold, silver, euros, and dollars.

Don't try to call a top, don't get greedy, do it now.

When you start to extrapolate your personal wealth out x years due to your brilliant stumble into this phenom, it's time to think.

Think.

Think.

Why would you sell bitcoins that are beating records on a daily basis and outperforming every single market on earth to buy a metal that is going down in price such as gold?
you've be the biggest fool ever!!!

LouReed

hero member

Activity: 732

Merit: 500

Nosce te Ipsum

Quote from: mccorvic on March 28, 2013, 08:43:33 AM

Quote from: Liquid on March 28, 2013, 08:27:47 AM

Buy some Litecoin with your BTC Cheesy

Well, since LTC is only good for buying BTC that seems to be doing it backwards.

Unless you shop on Darknet underground markets.

http://www.reddit.com/r/SilkRoad/comments/1adz70/

jwzguy

hero member

Activity: 868

Merit: 1002

No thanks.

mccorvic

hero member

Activity: 518

Merit: 500

Quote from: Liquid on March 28, 2013, 08:27:47 AM

Buy some Litecoin with your BTC Cheesy

Well, since LTC is only good for buying BTC that seems to be doing it backwards.

steelboy

hero member

Activity: 756

Merit: 1000

Quote from: Krabby on March 28, 2013, 06:47:02 AM

I have 93% of my wealth in bitcoins.
And I don't even know how it works ^^.

LOL I love it

Liquid

hero member

Activity: 826

Merit: 500

Crypto Somnium

Buy some Litecoin with your BTC Cheesy

LoweryCBS

sr. member

Activity: 364

Merit: 250

firstbits 1LoCBS

Quote from: nobbynobbynoob on March 28, 2013, 08:10:21 AM

But then, Bitcoin is not a get-rich-quick scheme; it's about so much more than that (even though getting rich is possible).

Check my sig.

nobbynobbynoob

hero member

Activity: 784

Merit: 1000

Annuit cœptis humanae libertas

Quote from: OnlyGoodVibes on March 28, 2013, 08:03:01 AM

Are the majority of you guys able to sell off a "little bit" of your BTC holdings to buy a house with? Jeesus I'm out of me league here!

Don't worry: I doubt this forum is peppered with "bitcoin millionaires".

Those who discovered Bitcoin in 2009/10 may have mined thousands of BTC, but many of those lost or exchanged them. The 2011 bubble would've weeded out many others besides, and helped diversify the 'coins.

Bitcointalk's communal forum kitty (from donations) amounts to "only" about BTC5200 last time I looked, which is really only a small fortune at today's market rates, and not a large one.

We may have a few Max Keisers around here, however. My personal holdings won't make me anywhere near rich until the exchange rate is well into five or six figures in USD terms, and the same probably applies for many others. But then, Bitcoin is not a get-rich-quick scheme; it's about so much more than that (even though getting rich is possible).

OnlyGoodVibes

newbie

Activity: 41

Merit: 0

Are the majority of you guys able to sell off a "little bit" of your BTC holdings to buy a house with? Jeesus I'm out of me league here!

mccorvic

hero member

Activity: 518

Merit: 500

ITT: Some guy wants you to sell you his coin for discount.

LoweryCBS

sr. member

Activity: 364

Merit: 250

firstbits 1LoCBS

Money you don't lose by being greedy, buys just as many nice things as money you make by being right.

Krabby

sr. member

Activity: 644

Merit: 250

https://primedao.eth.link/#/

I have 93% of my wealth in bitcoins.
And I don't even know how it works ^^.

JimiQ84

sr. member

Activity: 406

Merit: 250

Quote from: LoweryCBS on March 28, 2013, 06:16:32 AM

Let's get real here:

Take some money off the table. Diversify.

Use some of your bitcoin, and buy some gold, silver, euros, and dollars.

Don't try to call a top, don't get greedy, do it now.

When you start to extrapolate your personal wealth out x years due to your brilliant stumble into this phenom, it's time to think.

Think.

Think.

I have only 3,4% of my wealth in bitcoins, so I think I can stick with them for a little longer :-)

desired_username

hero member

Activity: 886

Merit: 1013

Quote from: Stikaz on March 28, 2013, 06:35:52 AM

Quote from: empoweoqwj on March 28, 2013, 06:22:25 AM

At $95, you are telling people to buy $???

If you bought in at $5 or $20 and are holding thousands of BTC, sure, but most of this is "new money" ... I don't think anyone newly invested should be jumping ship just yet.

Totally agree. This brings another thought: bitcoin can generate profit to infinite if people keep buying, then selling to make profit to other people willing to do the same and so on. Some people have to pay a shit load of money at some point to make the others filthy rich. As long as bitcoin is all about speculation, it really sounds like a money pyramid scheme...

Bitcoin is far more than a bunch of people speculating on it's price ;-)

tutkarz

hero member

Activity: 546

Merit: 501

Quote from: Stikaz on March 28, 2013, 06:35:52 AM

Quote from: empoweoqwj on March 28, 2013, 06:22:25 AM

At $95, you are telling people to buy $???

If you bought in at $5 or $20 and are holding thousands of BTC, sure, but most of this is "new money" ... I don't think anyone newly invested should be jumping ship just yet.

Totally agree. This brings another thought: bitcoin can generate profit to infinite if people keep buying, then selling to make profit to other people willing to do the same and so on. Some people have to pay a shit load of money at some point to make the others filthy rich. As long as bitcoin is all about speculation, it really sounds like a money pyramid scheme...

it may sound like it but bitcoin is supposed to cover whole internet trade. Count how much is it.

Stikaz

newbie

Activity: 19

Merit: 0

Quote from: empoweoqwj on March 28, 2013, 06:22:25 AM

At $95, you are telling people to buy $???

If you bought in at $5 or $20 and are holding thousands of BTC, sure, but most of this is "new money" ... I don't think anyone newly invested should be jumping ship just yet.

Totally agree. This brings another thought: bitcoin can generate profit to infinite if people keep buying, then selling to make profit to other people willing to do the same and so on. Some people have to pay a shit load of money at some point to make the others filthy rich. As long as bitcoin is all about speculation, it really sounds like a money pyramid scheme...

sgbett

legendary

Activity: 2576

Merit: 1087

Agreed! Hence, hedge with a little fiat, in case it all goes tits up. That will always be a non-zero risk, because of the nature of cryptography.

If it all plays out well then the person who ignored risk will do better than me, but I don't mind because I will do alright.

If it goes to the wall, that person will do much worse than me. Some people will do much, much worse. Yeah, that's right, *2* muches. Think on!

tutkarz

hero member

Activity: 546

Merit: 501

Quote from: LoweryCBS on March 28, 2013, 06:16:32 AM

Let's get real here:

Take some money off the table. Diversify.

Use some of your bitcoin, and buy some gold, silver, euros, and dollars.

Don't try to call a top, don't get greedy, do it now.

When you start to extrapolate your personal wealth out x years due to your brilliant stumble into this phenom, it's time to think.

Think.

Think.

So you can buy more cheaper? Sorry but no.

cedivad

legendary

Activity: 1176

Merit: 1001

Quote from: marhjan on March 28, 2013, 06:22:32 AM

I do believe we are the new wealthy elite gentlemen. ;-)

Let's just not be stupid about it

Earning money is only half of the road to being rich. Not losing money is even harder.

marhjan

full member

Activity: 215

Merit: 105

Poorer than I ought to be

+10,000 very very good advice. DON'T sell all of your coins, but it's crazy not to at least take a piece off the table at these prices. If you have enough, buy a house or a car or something just in case bitcoin does crash you're not left with nothing.

I do believe we are the new wealthy elite gentlemen. ;-)

Let's just not be stupid about it

Topic: Guys... (Read 1812 times)