Topic: I am pretty confident we are the new wealthy elite, gentlemen. - page 133. (Read 631983 times)

You didn't even need cash to profit from the stupid $300 wall on Bitstamp. It was clearly depressing the price on the other exchanges and I managed to scoop up coins at $30x on Bitfinex 30 minutes after depositing some BTC into my margin account. I have since closed the position and transferred out the profit as coins ... without even having to get verified or wiring any fiat.

When did I say the sky is falling? I did say I'm down $15k which I'm probably not gonna see again... but I was kinda being a negative nancy, I still think I can get back on green and I'm definitely gonna hold even til we go to $0. I already accepted my investment as money gone, so all I'm gonna do is wait and not panic

On the contrary I've been accumulating coins as well, so get the fuck out with your insults and generalizations --edit, eh, can't hate on someone who's positive

"I am pretty confident we are the new wealthy elite, gentlemen" - says the 15 year old geeky boy.

better buy now and loose
or not buy and loose big!

The dream is real boys

I am more bullish then ever

I think we could very well be the new wealthy elite

Hey don't be mean to him, we are all a bit unsettled by this big drop, it has nothing to do with our faith in BTC. Congrats to you if you have loads of spare cash to invest right now, I say make the most of it and scoop as many deals as you can.
But don't be mean to the rest of us. We have the right to feel unsettled, gosh do you even mine? Some of us will have to turn our miners off soon if things don't pick up. Not a Xmas morning feeling, at all.

hehe. From one side of the bubble and back again...all in one thread

I am pretty confident we are going in reverse of becoming the new wealthy elite, gentlemen.

I posted you the link yesterday that showed all the early adopters are accumulating....our aggregate balance just keeps increasing.

You think one "whale" dumping 30k is the sky falling. Lol. I was ecstatic the entire day yesterday. Like a kid on Xmas morning opening my presents as I scooped up deals bit by bit. 

I know your type from watching the last three spikes....if you are able to hold out until the next peak (and that's a big "if") you will be the first one screaming from the rooftops about what a genius investor you were and how your faith in bitcoin never faltered....remember today, the day that you were a sad sack of shit that thought he was down $15k.

That is just 1 person though.  Generally speaking, I don't think major holders are panic selling, because they truly believe in Bitcoin's future...

I don't know, did some of you guys turn your miners off? I have mine still on but i might have to turn them off very soon if it doesn't pick up

Seems like the opposite is happening actually.


A whale just sold 30K btc this weekend, it was from one guy and it was bought out by many 

This last slow bleed that we have been facing is redistributing the BTC out of the hands of the small holders and more into the hands of the larger holders.   I think that most of the people that are panic selling probably have <10BTC and the holders of >50 or >100 or even >1000 are picking up additional coins for their holdings...

It was a bit painful wasn't it

I hope that wont happen

Blah You know what I meant : )

Aren't you the person who was gonna lie to their dad about the use to which you were going to put a million dollar loan? Put it into bitcoin instead?
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Yup, you remembered? I am so glad I didn't invest my dad's money.... he already thinks im an idiot, would have been down half a million right now



I invested a lot of money, which I am not willing to "set on fire"... I wouldn't "set on fire" anything over $100... but investing $100 will not give me any significant returns.

But even though the amount I invested was not something I was "willing to lose"... I thought the risk of potentially losing that amount for the chance that I could become rich was a gamble I was willing to take. It's not like I have wife and kids or will end up in the streets if I lose this money... but it's still a lot of money



Nope, holding til it goes to $0 even if there's a 10% chance I could still come out on top
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Pretty much every non risk takers out there thinks we are all idiots for putting REAL money into this "imaginary" thing. Especially when it goes down like now...they come out the woodwork to rub it in.
It's good that you didn't invest your dad's money though, that takes the pressure off a bit.
I'm holding mine till it goes to $0 as well, looks like most of us may end up sinking together, Titanic style.




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Not just non risk takers. There are risk takers who just choose other risks.

Under -$500 soon