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Topic: High buyers @700,800,900,1000,1200, what will you do with your coins? (Read 1828 times)

legendary
Activity: 2618
Merit: 1022
what makes you believe that the same thing will happen again with this high prices? A raise from $68 to $200 seems way more easy than an raise from $700 to $2000.

Percentage-wise, they're about the same. A year ago you could have said that a rise from $1 to $32 (as in spring 2011) seems way more easy than a rise from $13 to $266 (winter 2013) or a rise from $50 to $1100 (last autumn) but that's exactly what happened.

We're still all early adopters, even the Johnny-come-lately noobs who've only been on board since the price hit triple digits. Wait until adoption starts to go mainstream.


Its easier for BTC to go UP than down below saturation point...why?

the stronger it gets the stronger its gets. There is far more buying power on the table and so more attraction.

consider it to a long time to get to $1, now it does $1 change every minute / 10 seconds or less
same for $10 and $100.

Now BTC goes up and down $50 ~ $100 no worries in a day.

At 10K BTC will go up and down $500 easily in a day.

I only expect this to stop or become less as the 100K+ approaches simply because far less people / organizations will have money to pump it around at 100K, and all the weak hands will be well and truly flushed out.

At say 500K a coin, buying 100 will cost you $50 Million. Not so many people have a $50 Million ready to go or even transfer on to the market to do this. Normal capital controls in money Alpha (FIAT) does not allow it. To do a reasonable pump dump takes 1K coins, and that 1/2 a billion to throw around even less people have that.

Also its good to see the "tulipers" have finally shut up.

The next bunch of people to shut up will be the PONZI crowd, then that stupid graph you know the one, the econmoists, the central banks, the govs' and finally everyone will just use crypto's

Fiat will end up a curiosity within a generation or two. There will be youtube video's kids react to FIAT

"what is this, where the qr code?"
"do I hold it up to the screen?"
"are those numbers at the bottom private keys (serial number)"
"I can see it says in GOD we trust....is "GOD" a type of crypto...was there a GOD coin?"
"A bank? you mean I have to go into a building far away just to get MY money?"


full member
Activity: 126
Merit: 101
Be Here Now
So, basically Bitcoin is about the equivalent of an emotionally unstable basket case of a woman with PMS who will only be satisfied with all the wrong men, who breaks up and gets back together every 3 weeks, and will settle down only when enough people have used her that she's just tired...

 Grin


I am not (at this time) a big player. I only have 1 BTC that I got trying to see if 339 would hold or drop and by the time I signed in, it'd shot up to 390 something so I bought. My total cost was 404. I was hoping it'd drop down because I was prepared to "go big" if the cost was lower to get more BTC than just 1. I'll still feed in every payday though and let the smaller increments go up with BTC's price/value but I wish some sweet high roller out there who bought in at a dollar and is holding a gazillion would cut a new girl some slack and sell me 10 BTC for $100 each if I promise to pay it forward when it goes higher.  Kiss
hero member
Activity: 994
Merit: 500
I got to the part alittle late, bought at a good price around 300 or so. I have made it through the first 1k high and will continue to hold strong.
legendary
Activity: 1148
Merit: 1001
My wife bought 1 BTC at 700 with her own money, she keeps saying how bad an idea it was, and she is going to immediately sell it once the price comes back....
I tell her she is short-sighted.... especially since as a family we have a large portion invested in BTC. (I manage the finances in our lives).

Does she check the price regularly?  If not, you could just wait until the price hits $2000 or more and tell her to sell then. Wink  Who knows, as the price starts rising she might change her mind.
legendary
Activity: 1176
Merit: 1010
Borsche
Well, now we can say that. But 1 week ago, as Bitcoin was "dead" (again) everybody was shaking. Even oldschool members were shaking and saying that this time it is different then all others.

Errr... no.  Anybody who has been in the Bitcoin space and paying attention for more than the last 6 months knows very well that last week is the same as any week before it: Bitcoin being Bitcoin.

Yep, I didn't see anything but understanding smiles on that small cameo to 340. I would be doubting my beliefs if we go to double digits again, so wake me up then or at five digits, before that it's business as usual.
full member
Activity: 173
Merit: 100
btcmy.net
The real question is: Those who sold sub 400 last week - what are you doing with your Fiat?

Enjoying 7 star food and premium girls. she's just an average 18-year-old  Wink
sr. member
Activity: 294
Merit: 250
My wife bought 1 BTC at 700 with her own money, she keeps saying how bad an idea it was, and she is going to immediately sell it once the price comes back....
I tell her she is short-sighted.... especially since as a family we have a large portion invested in BTC. (I manage the finances in our lives).
hero member
Activity: 728
Merit: 500
Well, now we can say that. But 1 week ago, as Bitcoin was "dead" (again) everybody was shaking. Even oldschool members were shaking and saying that this time it is different then all others.

Errr... no.  Anybody who has been in the Bitcoin space and paying attention for more than the last 6 months knows very well that last week is the same as any week before it: Bitcoin being Bitcoin.
legendary
Activity: 1330
Merit: 1000
dafar consulting
Well, now we can say that. But 1 week ago, as Bitcoin was "dead" (again) everybody was shaking. Even oldschool members were shaking and saying that this time it is different then all others.

How the fuck was bitcoin dead one week ago? Maybe to idiots

Quote
If you bought Bitcoin just to try and make a little profit, or sell when you break even, you are a fool.  There are far safer, and more traditional, investments you could do this with.  You buy bitcoin to go big, or go home.  If not, you're in the wrong market

Agreed. And I don't believe that we've seen the last exponential growth bubble... I'm hoping for at least one more crazy spike
sr. member
Activity: 308
Merit: 250
I bought my bitcoins at $1,050.  While doing so, I told myself "Go big, or go home".   Like some guy on TV who was disagreeing with Warren Buffett about bitcoin said recently "You can lose 100% of your money, or make 120 times your money", and that was exactly my own thought process when buying Bitcoin.   

If you bought Bitcoin just to try and make a little profit, or sell when you break even, you are a fool.  There are far safer, and more traditional, investments you could do this with.  You buy bitcoin to go big, or go home.  If not, you're in the wrong market.   

You're the perfect fish.
legendary
Activity: 2171
Merit: 1201
If you bought Bitcoin just to try and make a little profit, or sell when you break even, you are a fool.  There are far safer, and more traditional, investments you could do this with.  You buy bitcoin to go big, or go home.  If not, you're in the wrong market.   

Well, now we can say that. But 1 week ago, as Bitcoin was "dead" (again) everybody was shaking. Even oldschool members were shaking and saying that this time it is different then all others.

Not sure if this "we are early adopters" thing is true or not. Time will tell. If BTC gets too powerful governments will continue to ban it. If it brings the US Dollar in danger then America will instantly forbid BTC. These are all possible scenarios. But until then I hope we all will be already very rich  Cheesy
newbie
Activity: 49
Merit: 0
I bought my bitcoins at $1,050.  While doing so, I told myself "Go big, or go home".   Like some guy on TV who was disagreeing with Warren Buffett about bitcoin said recently "You can lose 100% of your money, or make 120 times your money", and that was exactly my own thought process when buying Bitcoin.   

If you bought Bitcoin just to try and make a little profit, or sell when you break even, you are a fool.  There are far safer, and more traditional, investments you could do this with.  You buy bitcoin to go big, or go home.  If not, you're in the wrong market.   





legendary
Activity: 1330
Merit: 1000
dafar consulting
My avg buy-in price was around $680... I'm definitely waiting and not selling til I at least triple my investment, hopefully more. I wanna wait til at least another huge bubble.


The only investment I want to get out of is my Alt coin investment...I spent 9 BTC on a coin which dropped 95% in value.. I have no idea what to do, at this point I am just hoping some miracle happens if I wait
legendary
Activity: 4032
Merit: 4536
You're never too old to think young.
If it hits my average buy price bitcoin is dead for sure Cheesy

Yum... gravy.

legendary
Activity: 1652
Merit: 1265
If it hits my average buy price bitcoin is dead for sure Cheesy
legendary
Activity: 4032
Merit: 4536
You're never too old to think young.
what makes you believe that the same thing will happen again with this high prices? A raise from $68 to $200 seems way more easy than an raise from $700 to $2000.

Percentage-wise, they're about the same. A year ago you could have said that a rise from $1 to $32 (as in spring 2011) seems way more easy than a rise from $13 to $266 (winter 2013) or a rise from $50 to $1100 (last autumn) but that's exactly what happened.

We're still all early adopters, even the Johnny-come-lately noobs who've only been on board since the price hit triple digits. Wait until adoption starts to go mainstream.
sr. member
Activity: 952
Merit: 281
The real question is: Those who sold sub 400 last week - what are you doing with your Fiat?
They are probably buying their BTC back today  Grin
legendary
Activity: 2171
Merit: 1201
I was a "high buyer" at $700 back before the price collapsed when Gox imploded.

I was also a "high buyer" at $151 a little over a year ago. I didn't sell last autumn when the price finally got back up over $151. Instead I bought more coins. I bought a few more over this past weekend while the price was unreasonably low.

I didn't sell the coins I bought for $68, so why would I sell the coins I bought for $700?




Thats a good strategy! But what makes you believe that the same thing will happen again with this high prices? A raise from $68 to $200 seems way more easy than an raise from $700 to $2000.

I was going to send my last cash to stamp last week to buy @300-400´s but then I thought that if I buy high again and the price will go down to $200 then I´m fucked.
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
The real question is: Those who sold sub 400 last week - what are you doing with your Fiat?
full member
Activity: 235
Merit: 100
I was promised da moon
bought @720 and sold @580
bought again below 400 and hold until now
i'll hold until BTC reach $1000  Grin

Selling at 1000 USD would be a stupid idea, because right then it will have become clear that the next big rallye is about to start. You will sell at 1000 and then maybe look at the price two days later, finding it at 2000, you will think about it for a few more days and then buy back in again at 5000, after that holding it until it crashes to 2500 and you'll end up the same as before...
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