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Topic: I PANICKED - page 3. (Read 10834 times)

member
Activity: 62
Merit: 10
September 08, 2014, 08:55:56 PM
I am now selling my car for more bitcoin

I wish I had a car to sell.

you have kidneys. one can do.
Your neighbors have kidneys too! A dozen will make you much more money, and keep your business model sustainable beyond the short term!

Give em the old chroloform-icebath one-two! Always stay business-minded.

You would get into less trouble for stealing a dozen neighbor's cars than a dozen neighbor's kidneys.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
September 08, 2014, 08:45:10 PM
I am now selling my car for more bitcoin

I wish I had a car to sell.

you have kidneys. one can do.
Your neighbors have kidneys too! A dozen will make you much more money, and keep your business model sustainable beyond the short term!

Give em the old chroloform-icebath one-two! Always stay business-minded.
member
Activity: 62
Merit: 10
September 08, 2014, 07:02:57 PM
I am now selling my car for more bitcoin

Was it an expensive car, or a cheap one? How many bitcoins can you buy with the money from the sale?
sr. member
Activity: 406
Merit: 250
September 08, 2014, 06:56:55 PM
Confused as to why you would put it all into bitcoins due to panicking? Anyhow I guess you could probably say that it was either a good decision or a bad decision now I am thinking as buying into it means selling and hopefully gaining a profit.
legendary
Activity: 1176
Merit: 1010
Borsche
September 08, 2014, 03:41:48 PM
I am now selling my car for more bitcoin

I wish I had a car to sell.

you have kidneys. one can do.
sr. member
Activity: 448
Merit: 250
September 08, 2014, 03:12:57 PM
I am now selling my car for more bitcoin

I wish I had a car to sell.
sr. member
Activity: 952
Merit: 281
September 08, 2014, 03:11:59 PM
I am now selling my car for more bitcoin
sr. member
Activity: 952
Merit: 281
September 08, 2014, 12:46:15 PM
I just invested my life savings into Bitcoin

Good you will be able to spend them now since Paypal will start using btc. You did wize money transaction back then.
I am packed for the moooon!  Cheesy
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
September 08, 2014, 12:44:58 PM
I just invested my life savings into Bitcoin

Good you will be able to spend them now since Paypal will start using btc. You did wize money transaction back then.
full member
Activity: 154
Merit: 100
September 08, 2014, 01:54:53 AM
I think OP is joking...

End of the day panicking doesn't lead you to buy up Bitcoin, leads you to selling it....

Need to set a stagger sell pattern in my opinion though to diversify some of that risk.
X7
legendary
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
September 07, 2014, 02:56:17 PM
I regret nothing.. I am all in with Bitcoin (5 months ago) .. continue to buy 50% of all income.
hero member
Activity: 658
Merit: 500
Small Red and Bad
September 07, 2014, 02:31:05 PM
Whoever is putting his life savings into BTC is a fool.  [...] (I still think BTC long term is a very good investment).
These two statements contradict each other, so it seems you are the fool.

Make up your mind, it's either a good investment or its not.

Even if something is a good investment, you have to take into account its volatility and risk of ruin. So generally even if you find a really good investment, it's wrong to invest all your money in it. You also have to take into account the marginal utility of money. If you are already happy with what you have, there's no point in risking all your money.

I doubt if there are people who are really happy with what they have. Smiley
That's human nature, you always want more.
As a kid I used to think "if I had a spare $50 I could buy a new game and invite my friends to play".
As a teenager: "If I had a spare $1000 I could buy a new bike".
Now: "Damn I need $50k more to buy a flat".

I wish I was a kid again  Sad
legendary
Activity: 1246
Merit: 1000
September 07, 2014, 08:55:45 AM
Whoever is putting his life savings into BTC is a fool.  [...] (I still think BTC long term is a very good investment).
These two statements contradict each other, so it seems you are the fool.

Make up your mind, it's either a good investment or its not.

Even if something is a good investment, you have to take into account its volatility and risk of ruin. So generally even if you find a really good investment, it's wrong to invest all your money in it. You also have to take into account the marginal utility of money. If you are already happy with what you have, there's no point in risking all your money.

I doubt if there are people who are really happy with what they have. Smiley
legendary
Activity: 1512
Merit: 1005
September 07, 2014, 05:08:57 AM
I recently invested 0.01% of my life savings into bitcoin and still have more bitcoin than 99.99% of all bitcoin holders.
Poor people make me angry!

What would be the average bitcoin holding (excluding Satoshi's stash)?

That we can know: 13 mill coins / 7 bill persons = 0.002 BTC
legendary
Activity: 1199
Merit: 1047
September 07, 2014, 04:24:13 AM
Whoever is putting his life savings into BTC is a fool.  [...] (I still think BTC long term is a very good investment).
These two statements contradict each other, so it seems you are the fool.

Make up your mind, it's either a good investment or its not.

Even if something is a good investment, you have to take into account its volatility and risk of ruin. So generally even if you find a really good investment, it's wrong to invest all your money in it. You also have to take into account the marginal utility of money. If you are already happy with what you have, there's no point in risking all your money.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
September 07, 2014, 01:49:02 AM
I recently invested 0.01% of my life savings into bitcoin and still have more bitcoin than 99.99% of all bitcoin holders.
Poor people make me angry!

What would be the average bitcoin holding (excluding Satoshi's stash)?
member
Activity: 65
Merit: 10
September 06, 2014, 09:00:04 PM
#99
I recently invested 0.01% of my life savings into bitcoin and still have more bitcoin than 99.99% of all bitcoin holders.
Poor people make me angry!


I'm sure Bill Gates would consider you very poor. If he invested 0.01% of his life savings into bitcoin he would own them all, and still have change left over.
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
September 06, 2014, 08:32:00 PM
#98
I recently invested 0.01% of my life savings into bitcoin and still have more bitcoin than 99.99% of all bitcoin holders.
Poor people make me angry!
newbie
Activity: 14
Merit: 0
September 06, 2014, 08:20:43 PM
#97
I put all of my savings into bitcoin. I live off of eating potatos.
legendary
Activity: 1512
Merit: 1011
September 06, 2014, 07:55:19 PM
#96
I just invested my life savings into Bitcoin
since december 2013 for me ... since the law about eurozone to steal life economies on bank account.
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