I sold everything at $158/159 this morning - page 22.

paulk

newbie

Activity: 14

Merit: 0

The first movers profit from an growing economy now. The first ones in the oil rush are still rich.

Quote from: yvv on April 07, 2013, 03:44:50 PM

Fck, not me, I swear Wink

Plausible deniability is the same as lying, but you can plausibly deny it is lying.

This is actually a good way of handling your wallet:

Download truecrypt on your computer and dump your wallet in the second volume. If the tax institute of your government comes crashing into your house, you can say you don't have a second volume. Just pull the plug and put some really gruesome porn on you first volume. Something you want to hide.

Frequency

hero member

Activity: 540

Merit: 500

COINDER

Well if u just follow the news in EU about the banking secrecy there is about to come much more fiat to btc the next months...Luxembourg is going to speak to the tax authorities and Luxembourg is just like Swiss over here...prepare to see much more fiat getting pumped in...!!! Much more...!!!

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: zoolander on April 07, 2013, 01:30:59 PM

First movers are rarely the winners.

What about the sperm that impregnated the ovum that turned into you? Sometimes, being first matters.

yvv

legendary

Activity: 1344

Merit: 1000

.

Quote from: paulk on April 07, 2013, 03:42:48 PM

Everybody lies here

Fck, not me, I swear Wink

paulk

newbie

Activity: 14

Merit: 0

Quote from: yvv on April 07, 2013, 03:34:45 PM

Quote from: paulk on April 07, 2013, 03:18:33 PM

The total GDP of the world is 200 trillion dollars.

It's not good to lie

https://www.google.com/search?client=ubuntu&channel=fs&q=gdp+of+the+world&ie=utf-8&oe=utf-8

I never lie.

I don't lie either, not now at least, I estimated it. And it is not even a bad estimate, just one order of magnitude wrong.

Everybody lies here or have you filled the amount of bitcoins on your tax paper? Wink

Caesar V

sr. member

Activity: 369

Merit: 250

Bank opens tomorrow..

yvv

legendary

Activity: 1344

Merit: 1000

.

Quote from: paulk on April 07, 2013, 03:18:33 PM

The total GDP of the world is 200 trillion dollars.

It's not good to lie

https://www.google.com/search?client=ubuntu&channel=fs&q=gdp+of+the+world&ie=utf-8&oe=utf-8

I never lie.

glt512

newbie

Activity: 28

Merit: 0

i'm gonna wait until $300 to sell. that seems like a good number, but what do I know anyways.

Mike Christ

legendary

Activity: 1078

Merit: 1003

Quote from: paulk on April 07, 2013, 03:18:33 PM

On a worldwide scale 30 billion is small.

That's an entertaining thought.

Ain't it the truth Grin

paulk

newbie

Activity: 14

Merit: 0

I actually start to think, that because of the scarce nature of bitcoins the price will eventually go up to 1500 dollars.

Now the total economy is 1 billion dollars. There are more and more services accepting bitcoins. Some people get their salary payed in bitcoins. Whether this is stupid or not, I don't know. But we can assume the economy of bitcoin is growing. Maybe at a certain day the economy will be 30 billion dollars, if the total number of bitcoins is reached this will be 1500 dollar for one bitcoin.

Thirty billion is not that big. It is just the bonuses payed out on wallstreet. The drug traffic industry is something like 300 billion dollars. The total GDP of the world is 200 trillion dollars.

On a worldwide scale 30 billion is small.

That's an entertaining thought.

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: zoolander on April 07, 2013, 12:46:41 PM

Looks like $159 was might have been pretty near the top of pump that has been playing out today. Called it right.

Wouldn't be surprised if there is another DoS attack on Gox.

people are leaving gox, they are going to all the new start ups, we will see the sheep follow the mony in droves for at least another year. no doubt that some day it will be at 35. but not before we see 850. if it does pop and it does go down to 35 than you are also a sucker cuz it will go down to 2 bucks and a long while till you see your even money at 35 again. this is not the top and 35 wont be the bottom. wrong on both accounts, but i guess we will just have to wait and see

zif33rs

full member

Activity: 196

Merit: 100

^ Please bring tissues for all the crying.

Domrada

sr. member

Activity: 254

Merit: 250

I'm bookmarking this thread so I can bump it when we hit $300.

jwzguy

hero member

Activity: 868

Merit: 1002

Quote from: DiegoMejia on April 07, 2013, 02:27:25 PM

After reading this post im tempted to sell all, giving me a profit of $2000+. Not a bad profit seeing how i've bought my first bitcoin 3 weeks ago.

DiegoMejia

newbie

Activity: 2

Merit: 0

After reading this post im tempted to sell all, giving me a profit of $2000+. Not a bad profit seeing how i've bought my first bitcoin 3 weeks ago.

log2exp

full member

Activity: 180

Merit: 117

I'd go with CNN's recommendations, any number higher than $15 is apparently a bubble: http://buzz.money.cnn.com/2013/04/05/bitcoin-bubble/

/s

threeip

full member

Activity: 154

Merit: 100

Quote from: Wekkel on April 07, 2013, 12:40:19 PM

Good. As long as there is fear of a bubble, there is room for more.

Look at all the 'three-posters' calling a bubble and an established member knowing the truth Cool

Quote from: trdiablo on April 07, 2013, 12:55:14 PM

Bitcoin is not a bubble that will burst for the very simple reason that the demand will increase in the coming years.

Exactly.

If I said worldwide silver production was stopping tomorrow, would the resultant price increase be a bubble?

zoolander

member

Activity: 75

Merit: 10

Quote from: jwzguy on April 07, 2013, 01:37:08 PM

Oh yay! More bragging about selling out! These threads always end well.

Quote from: zoolander on April 07, 2013, 12:42:14 PM

However, I'm far from convinced that the stupid money is exhausted at this point. Could be a long way to go.

So, you're calling the fiat that people are exchanging for bitcoin "stupid money", yet it's what you accepted for yours (if you actually had any)? I agree, Good jerb!

We might not have even touched the stupid money to be fair. All I'm really saying that I simply don't know who is who at this point, myself included. Wink

I am fairly confident that speculation is out-stripping fundamentals when it comes to Bitcoin's perceived value at the moment though. That's not to say I don't think Bitcoin could one day be worth orders of magnitude more than it is today.

Now, what is really stupid is that I've been speculating with less than week's salary instead of building bitcoin-based services in my spare time. Wink

Mike Christ

legendary

Activity: 1078

Merit: 1003

I sold all my Bitcoin at $120 and set a buy order at $0.03

See you in a year, suckers Wink

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

price will stop rising when gox verified queue shrinks

Topic: I sold everything at $158/159 this morning - page 22. (Read 20737 times)