Every time this thread reawakens, it seems to be a good sign that a short-term rally has topped.
theory proven ?!
Kinda looks like it...but now it would be nice to discover the opposite thread, which when reawakened, marks a short-term bottom!
Topic: I am pretty confident we are the new wealthy elite, gentlemen. - page 224. (Read 631963 times)
October 07, 2012, 03:38:02 PM
theory proven ?!
Kinda looks like it...but now it would be nice to discover the opposite thread, which when reawakened, marks a short-term bottom!
October 07, 2012, 08:55:25 AM
Every time this thread reawakens, it seems to be a good sign that a short-term rally has topped.
theory proven ?!
October 06, 2012, 10:45:25 AM
Bitcoin price was about 18$ per 1btc at the time topic was created.
October 06, 2012, 01:56:19 AM
Every time this thread reawakens, it seems to be a good sign that a short-term rally has topped.
October 05, 2012, 10:53:47 PM
haha wow this thread is old now. It seems to keep coming back though!
October 05, 2012, 01:09:10 PM
Like 20days after the OP's post, we saw the peak of the first bitcoin bubble.
It's pretty easy to spot irrational feeling-driven investing like this, and I make a habit of shorting them (got short on apple recently at $702 a share when everyone was advising me not to)...When I told my wife I was going to buy bit coins she was highly skeptical. Then the next morning I sat down to look how bitcoins had done and my wife asked me what I was doing. I said I was checking how my investment went and she started to say she was still skeptical. I interrupted her with "it made us $700 dollars overnight" Her skepticism disappeared completely. 
I just hope nobody's life or relationships were hurt when they poured money into something they didn't understand...
October 05, 2012, 01:06:00 PM
Like 20days after the OP's post, we saw the peak of the first bitcoin bubble.
October 05, 2012, 01:02:11 PM
As I admire some of your passions that you guys have for Bitcoin, investing everyone dollar you own/make into Bitcoin could leave you in a very bad financial situation. If I can pressure you to not do this because I already pay enough taxes and I'm sick of paying for Welfare cell phones for undeserving fucks!
Do a percentage of your income. You could relate this percentage to what you would spend at a bar, or would you normally invest in your 401k or into stocks. That money isn't really needed to keep you alive right now.
Do a percentage of your income. You could relate this percentage to what you would spend at a bar, or would you normally invest in your 401k or into stocks. That money isn't really needed to keep you alive right now.
October 05, 2012, 10:49:22 AM
I foresee a future where various corporations start using Bitcoin's ideas to issue new types of 'provable' shares. This renders naked short-selling practically impossible, giving those corporations a competitive advantage against Wall St dinosaurs. Bitcoin's exchange rate could increase somewhat as a result of trading said shares. However, what's stopping such shares and other novel currencies from being exchanged directly on new trading platforms?
Interesting idea. Is there a thread where you expand on this?
October 05, 2012, 10:41:50 AM
Every time this thread reawakens, it seems to be a good sign that a short-term rally has topped.
October 04, 2012, 09:24:04 PM
bumpity
October 04, 2012, 06:46:12 AM
necroing for optimism.
August 06, 2012, 05:04:24 PM
I got in during the peak of the bubble last year and then exited and then reentered again as I found out bitcoin was going UP again.
Care to donate a few to poor pitiful me to get me up to speed? I will render services in exchange as well.
1MANTisca9kS6t4bngzuU4GBgE1S1L7q2U
Thank you all! I am long for the long haul now!
Care to donate a few to poor pitiful me to get me up to speed? I will render services in exchange as well.
1MANTisca9kS6t4bngzuU4GBgE1S1L7q2U
Thank you all! I am long for the long haul now!
August 06, 2012, 11:56:01 AM
I'm not sure where "breaker" comes into it, but "necrobumping" refers to posting in very old threads and bringing them to the top again. It is generally unnecessary; a new topic should be started with a link to the old one.
Very good!
"Combo Breaker, sometimes seen as C-C-C-C-Combo Breaker!, is a phrase usually used on message boards to break a chain of posts. On 4chan, the phrase is used to disrupt a popular pastime known as a Combo, which involves posting a series of partially cropped images to bring out the full picture in a given thread."
It's a blend between the two.
+1 Internets if you can name the video game where "Combo Breaker!" originated.
KI. Orchid FTW!
August 06, 2012, 11:52:56 AM
lol, I haven't ever seen those 2 blended together until now. My appologies.
August 06, 2012, 11:42:59 AM
I'm not sure where "breaker" comes into it, but "necrobumping" refers to posting in very old threads and bringing them to the top again. It is generally unnecessary; a new topic should be started with a link to the old one.
Very good!
"Combo Breaker, sometimes seen as C-C-C-C-Combo Breaker!, is a phrase usually used on message boards to break a chain of posts. On 4chan, the phrase is used to disrupt a popular pastime known as a Combo, which involves posting a series of partially cropped images to bring out the full picture in a given thread."
It's a blend between the two.
+1 Internets if you can name the video game where "Combo Breaker!" originated.
August 06, 2012, 11:02:34 AM
Is 50BTC considered a small amount to you guys? If bitcoin was to really launch I predict 50btc to be a huge amount. Some simple math:
21,000,000 / 50 (block) = 420,000. Shit loads more than 420,000 in westernized world
21,000,000 / 50 (block) = 420,000. Shit loads more than 420,000 in westernized world
August 06, 2012, 10:22:52 AM
There is indeed huge potential for bitcoins, it can potentially become an international alternative currency with same volume use of any of the other currency's and when or if that happened early adopters would indeed be doing very well, but so would the whole world at that point as they would no longer be having their wealth stolen.
If you put the market cap of Apple into bitcoins I think each bitcoin would be worth $550,000.00 roughly.
On a more conservative level lets just say bitcoin will eventually hit a market cap of 1 billion thats $100+ per coin.
If you put the market cap of Apple into bitcoins I think each bitcoin would be worth $550,000.00 roughly.
On a more conservative level lets just say bitcoin will eventually hit a market cap of 1 billion thats $100+ per coin.
is there anyone who wouldnt cash out if the price suddenly became $100+ per coin?
I was tempted to sell them all when we hit $11 but that could be the new floor so i didnt sell any .........yet
August 06, 2012, 10:02:47 AM
There is indeed huge potential for bitcoins, it can potentially become an international alternative currency with same volume use of any of the other currency's and when or if that happened early adopters would indeed be doing very well, but so would the whole world at that point as they would no longer be having their wealth stolen.
If you put the market cap of Apple into bitcoins I think each bitcoin would be worth $550,000.00 roughly.
On a more conservative level lets just say bitcoin will eventually hit a market cap of 1 billion thats $100+ per coin.
If you put the market cap of Apple into bitcoins I think each bitcoin would be worth $550,000.00 roughly.
On a more conservative level lets just say bitcoin will eventually hit a market cap of 1 billion thats $100+ per coin.
August 05, 2012, 05:37:33 PM
Jump to: