I am pretty confident we are the new wealthy elite, gentlemen. - page 130.

4theLOVEofCrypto

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Activity: 387

Merit: 250

Quote from: LFC_Bitcoin on October 31, 2014, 01:11:35 PM

Quote from: 4theLOVEofCrypto on October 31, 2014, 01:09:19 PM

Quote from: btcduke on October 30, 2014, 07:50:58 PM

It seems people who hold several btc always have a same dream about future.
I'd love to watch the dream comes true.

I try to hold some BTC, but I'm so OCD that I just can't sit on them. I have to exchange them for other cryptos. So far it hasn't worked out for me that well.....but I hope it eventually does. Just need that 1 big score.

Edit: I just realized I sound like a drug addict.

Hold onto your BTC.
Long term hoarding is the only way to make big money now unless you're mining.

All other cryptos aren't worth shit.

Ultimately, everything and every trade always leads back to the mothership that is BTC.

LFC_Bitcoin

legendary

Activity: 3556

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#1 VIP Crypto Casino

Quote from: 4theLOVEofCrypto on October 31, 2014, 01:09:19 PM

Quote from: btcduke on October 30, 2014, 07:50:58 PM

It seems people who hold several btc always have a same dream about future.
I'd love to watch the dream comes true.

I try to hold some BTC, but I'm so OCD that I just can't sit on them. I have to exchange them for other cryptos. So far it hasn't worked out for me that well.....but I hope it eventually does. Just need that 1 big score.

Edit: I just realized I sound like a drug addict.

Hold onto your BTC.
Long term hoarding is the only way to make big money now unless you're mining.

All other cryptos aren't worth shit.

4theLOVEofCrypto

sr. member

Activity: 387

Merit: 250

Quote from: btcduke on October 30, 2014, 07:50:58 PM

It seems people who hold several btc always have a same dream about future.
I'd love to watch the dream comes true.

I try to hold some BTC, but I'm so OCD that I just can't sit on them. I have to exchange them for other cryptos. So far it hasn't worked out for me that well.....but I hope it eventually does. Just need that 1 big score.

Edit: I just realized I sound like a drug addict.

boumalo

legendary

Activity: 1918

Merit: 1018

Quote from: Moonpig on October 30, 2014, 09:30:59 AM

Quote from: boumalo on October 30, 2014, 09:23:58 AM

Hundreds of thousands of Dollars for most, millions for some except a handful that is sitting on 10m$ or more; it is something but we are not there yet; when the price will be a few thousands Dollars in 2015 it will be great, the sentiment will be very positive again and we will get massive exposure

What makes you think bitcoin will be a few thousand next year? I think many people said it would be at that this year.

A lot thought it would go to a few thousands Dollars this year and it didn't but next year or possibly the year after, the market will understand the FED is not going to decrease the 4.5trillions FED balance sheet and raise interest rates because if it did the market would collapse and the government would have trouble financing its obligations so the FED will launch QE4 and we will have massive inflation before they raise the rates; the economical environnement in the West will be very toxic, fiat will be discredited to investors that are not invested in BTC but not too far away from the Bitcoin phenomena and the price of Bitcoin will soar to a few thousands Dollars, Gold will rise up in price as well

phillipsjk

legendary

Activity: 1008

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Let the chips fall where they may.

Quote from: arklan on October 30, 2014, 03:15:01 PM

i've not deleted any posts...

It appears Vladimir did.

In the legendary thread somebody mentioned he has a habit of deleting posts as well.

btcduke

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★Bitin.io★ - Instant Exchange

It seems people who hold several btc always have a same dream about future.
I'd love to watch the dream comes true.

bbit

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Bitcoin

Quote from: practicaldreamer on October 30, 2014, 04:34:33 PM

I am not confident or pretty - I am not wealthy - I'm definitely not a gentleman - and the only "elites" I have ever had any dealings with are these :-

hahaha.....you can be an elite and a gentleman if you wanted to Tongue

practicaldreamer

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Activity: 770

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I am not confident or pretty - I am not wealthy - I'm definitely not a gentleman - and the only "elites" I have ever had any dealings with are these :-

arklan

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i've not deleted any posts...

phillipsjk

legendary

Activity: 1008

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Let the chips fall where they may.

Don't you people know that bumping this thread causes the price to crash?

Source.

Quote from: crypto-finance on June 18, 2013, 02:52:20 AM

"Okay, lets not start sucking each other's dick just yet." -- The Wolf, "Pulp fiction"

In the meantime, let's actually build the Bitcoin economy please.

...

Quote from: arklan on August 31, 2013, 02:36:17 PM

Quote from: dooglus on August 31, 2013, 02:29:14 PM

Is it time?

God dammit dooglus! Let the thread die man! :-D

...

Quote from: dooglus on August 31, 2013, 06:56:36 PM

Quote from: ?? on ??

Scared bears just post here in a silly attempt to talk the price down. Too bad it is not working. They just show their hand and their fear.

The old magic is still strong:

...

Quote from: hivewallet on October 16, 2013, 05:12:40 AM

Quote from: waqas on October 16, 2013, 04:10:48 AM

today rate touching 145$ mean we are going to close on wealth elite gentlemen Cheesy

Oh no you just jinxed us. :-)

Counter-argument.

Quote from: hivewallet on November 18, 2013, 11:54:48 PM

Quote from: beetcoin on November 18, 2013, 11:53:53 PM

this thread is funny.. i remember being a a creeper/browser who did not have an account... and seeing his thread something like 18 months ago. it seems like every time BTC explodes, people return to this thread Cheesy

It's been a historically sound indicator of when a bear market is at its end, too. Let's hope.

Edit: decided to add quotes because apparently deleting posts is a thing.

fabiola!

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Activity: 714

Merit: 251

Quote from: Moonpig on October 30, 2014, 09:30:59 AM

Quote from: boumalo on October 30, 2014, 09:23:58 AM

Hundreds of thousands of Dollars for most, millions for some except a handful that is sitting on 10m$ or more; it is something but we are not there yet; when the price will be a few thousands Dollars in 2015 it will be great, the sentiment will be very positive again and we will get massive exposure

What makes you think bitcoin will be a few thousand next year? I think many people said it would be at that this year.

I agree with moonpig (lol wtf that jingle is stuck in my head now)

kualehu

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Alright me too

Moonpig

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Quote from: boumalo on October 30, 2014, 09:23:58 AM

Hundreds of thousands of Dollars for most, millions for some except a handful that is sitting on 10m$ or more; it is something but we are not there yet; when the price will be a few thousands Dollars in 2015 it will be great, the sentiment will be very positive again and we will get massive exposure

What makes you think bitcoin will be a few thousand next year? I think many people said it would be at that this year.

boumalo

legendary

Activity: 1918

Merit: 1018

Quote from: BlindMayorBitcorn on October 30, 2014, 07:31:54 AM

Quote from: fabiola! on October 30, 2014, 07:07:15 AM

Quote from: pitham1 on October 29, 2014, 08:01:59 PM

Quote from: boumalo on October 28, 2014, 06:27:08 PM

Quote from: pitham1 on October 28, 2014, 10:52:51 AM

Quote from: Etanllah on October 28, 2014, 07:38:12 AM

Wow, I was just going through some of the first posts in this thread. I wish I would have known about Bitcoin back in 2011. I've been a big fan of Bitcoin ever since I first found out about it. I would have been accumulating them left and right if they were that cheap!

Today's price might appear to be a steal in a few years time.

The potential is tens of thousands of Dollars a coin in a few years if things go right; even if the probability that things go right happens is less than 1% it may profitable to invest in Bitcoin

It makes me think of venture capitalists which bet on tens or even hundreds of start-ups that each have less than 5% chance of making it but when they do they can cash in big

At least venture capitalists invest in multiple start ups and don't face ruin when a particular company closes. I have seen people go all-in on bitcoin here. They could be very rich soon, or face bankruptcy. Grin

Yep, very sad situation.

We helped create a bunch of rich geeky twats. That should count for something

Hundreds of thousands of Dollars for most, millions for some except a handful that is sitting on 10m$ or more; it is something but we are not there yet; when the price will be a few thousands Dollars in 2015 it will be great, the sentiment will be very positive again and we will get massive exposure

BlindMayorBitcorn

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Activity: 1260

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Quote from: fabiola! on October 30, 2014, 07:07:15 AM

Quote from: pitham1 on October 29, 2014, 08:01:59 PM

Quote from: boumalo on October 28, 2014, 06:27:08 PM

Quote from: pitham1 on October 28, 2014, 10:52:51 AM

Quote from: Etanllah on October 28, 2014, 07:38:12 AM

Wow, I was just going through some of the first posts in this thread. I wish I would have known about Bitcoin back in 2011. I've been a big fan of Bitcoin ever since I first found out about it. I would have been accumulating them left and right if they were that cheap!

Today's price might appear to be a steal in a few years time.

The potential is tens of thousands of Dollars a coin in a few years if things go right; even if the probability that things go right happens is less than 1% it may profitable to invest in Bitcoin

It makes me think of venture capitalists which bet on tens or even hundreds of start-ups that each have less than 5% chance of making it but when they do they can cash in big

At least venture capitalists invest in multiple start ups and don't face ruin when a particular company closes. I have seen people go all-in on bitcoin here. They could be very rich soon, or face bankruptcy. Grin

Yep, very sad situation.

We helped create a bunch of rich geeky twats. That should count for something

fabiola!

sr. member

Activity: 714

Merit: 251

Quote from: pitham1 on October 29, 2014, 08:01:59 PM

Quote from: boumalo on October 28, 2014, 06:27:08 PM

Quote from: pitham1 on October 28, 2014, 10:52:51 AM

Quote from: Etanllah on October 28, 2014, 07:38:12 AM

Wow, I was just going through some of the first posts in this thread. I wish I would have known about Bitcoin back in 2011. I've been a big fan of Bitcoin ever since I first found out about it. I would have been accumulating them left and right if they were that cheap!

Today's price might appear to be a steal in a few years time.

The potential is tens of thousands of Dollars a coin in a few years if things go right; even if the probability that things go right happens is less than 1% it may profitable to invest in Bitcoin

It makes me think of venture capitalists which bet on tens or even hundreds of start-ups that each have less than 5% chance of making it but when they do they can cash in big

At least venture capitalists invest in multiple start ups and don't face ruin when a particular company closes. I have seen people go all-in on bitcoin here. They could be very rich soon, or face bankruptcy. Grin

Yep, very sad situation.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: boumalo on October 28, 2014, 06:27:08 PM

Quote from: pitham1 on October 28, 2014, 10:52:51 AM

Quote from: Etanllah on October 28, 2014, 07:38:12 AM

Wow, I was just going through some of the first posts in this thread. I wish I would have known about Bitcoin back in 2011. I've been a big fan of Bitcoin ever since I first found out about it. I would have been accumulating them left and right if they were that cheap!

Today's price might appear to be a steal in a few years time.

The potential is tens of thousands of Dollars a coin in a few years if things go right; even if the probability that things go right happens is less than 1% it may profitable to invest in Bitcoin

It makes me think of venture capitalists which bet on tens or even hundreds of start-ups that each have less than 5% chance of making it but when they do they can cash in big

At least venture capitalists invest in multiple start ups and don't face ruin when a particular company closes. I have seen people go all-in on bitcoin here. They could be very rich soon, or face bankruptcy. Grin

boumalo

legendary

Activity: 1918

Merit: 1018

Quote from: Cryddit on October 29, 2014, 02:27:54 PM

Quote from: boumalo on October 28, 2014, 06:27:08 PM

It makes me think of venture capitalists which bet on tens or even hundreds of start-ups that each have less than 5% chance of making it but when they do they can cash in big

In the industry, they are known as "vulture capitalists" - a bitter joke on their propensity to liquidate the assets of a startup if its odds of dominating its market drop lower than they like, and also on their propensity to run the companies sort of like crash-test dummies; you either dominate the market, or you get liquidated. There is no room in their universe for a company that remains viable and makes fairly reliable small profits.

The risk profile is very different for the vulture capitalists, who have maybe one percent of their assets invested in a company, and the company founders/employees, who are typically "all in." The vulture capitalist is going for the market-domination windfall, but the people on the ground would really be much better served by remaining viable and making fairly reliable profits. So there is a certain disconnect between the business decisions that each would prefer to be made.

The funders chose to get the venture capitalists cash to grow and often also get their expertise : they had an idea and build a customer base and now they get hundreds of thousands of dollars or even millions of dollars to hire, pay themselves a salary and get a chance to make it; it is a pretty good deal that they can chose not to take which would be very stupid

Cryddit

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Quote from: boumalo on October 28, 2014, 06:27:08 PM

It makes me think of venture capitalists which bet on tens or even hundreds of start-ups that each have less than 5% chance of making it but when they do they can cash in big

In the industry, they are known as "vulture capitalists" - a bitter joke on their propensity to liquidate the assets of a startup if its odds of dominating its market drop lower than they like, and also on their propensity to run the companies sort of like crash-test dummies; you either dominate the market, or you get liquidated. There is no room in their universe for a company that remains viable and makes fairly reliable small profits.

The risk profile is very different for the vulture capitalists, who have maybe one percent of their assets invested in a company, and the company founders/employees, who are typically "all in." The vulture capitalist is going for the market-domination windfall, but the people on the ground would really be much better served by remaining viable and making fairly reliable profits. So there is a certain disconnect between the business decisions that each would prefer to be made.

grumpyoldtroll

newbie

Activity: 42

Merit: 0

Wealthy? Maybe some of us. Elite? Meh. Gentleman? Lol .. Have you read posts from bitcoin users?

Topic: I am pretty confident we are the new wealthy elite, gentlemen. - page 130. (Read 631983 times)