Topic: I'm All In - Sold My House! - page 45. (Read 112579 times)
If he can afford to hold his bitcoins for some more time, he might be safe.
I don't want to go thru all these pages, but did the OP actually reply since the orignal post and about his actual sale?
For all we know he could of taken profit a long time ago.
For all we know he could of taken profit a long time ago.
His last post was made on June 01, 2014, this was his post,
I am back Smiley Been busy doing other things since I sold my house for bitcoin, and haven't really been following the price that closely. I check every so often and lo and behold it is back to $660+ right now!!!!!!! Well it looks like my $400K investment is going to make me a millionaire very soon. Now back to what I was doing... enjoying life.
By the looks of his profile, he was last active today:
Last Active: October 14, 2014, 07:13:17 PM
I have to say, I am pulling for the guy, you'd think anyone would who isn't a complete ass hole. No one want to see a guy lose all of an investment. Might not have been a great idea to sink it all into bitcoin, but to each their own.
don't invest that what you can't afford to lose anyway good luck keep eye on the price/market
I don't want to go thru all these pages, but did the OP actually reply since the orignal post and about his actual sale?
For all we know he could of taken profit a long time ago.
For all we know he could of taken profit a long time ago.
No he only mentioned that he would hold onto the coins as an investment, but who knows what he ended up doing. I wouldn't be surprised if he still follows this thread under another account.
I don't want to go thru all these pages, but did the OP actually reply since the orignal post and about his actual sale?
For all we know he could of taken profit a long time ago.
For all we know he could of taken profit a long time ago.
poor guy prolly sold sounded like a noob
not sure where you guys get this hold idea from,the game isn't hold its buy low sell high. It would be more wise to sell before it crashes make your money back and buy low and than hold,not hold it entirely until you think it has finally hit its highest point. I could tell none of you even have traded bitcoin because if you did you would have better advice to offer this bafoon than to hold the coin when it could potentially hit 100 and stay there. He doesn't have time to just hold its a waste of money.
You will surely be added in the biography of bitcoins 
not sure where you guys get this hold idea from,the game isn't hold its buy low sell high. It would be more wise to sell before it crashes make your money back and buy low and than hold,not hold it entirely until you think it has finally hit its highest point. I could tell none of you even have traded bitcoin because if you did you would have better advice to offer this bafoon than to hold the coin when it could potentially hit 100 and stay there. He doesn't have time to just hold its a waste of money.
I can tell that you don't frequent the speculation section much since you haven't noticed the cult of hodlers who try and proselytize on every thread. Some of them may be delusional, but they sure are a persistent bunch.
not sure where you guys get this hold idea from,the game isn't hold its buy low sell high. It would be more wise to sell before it crashes make your money back and buy low and than hold,not hold it entirely until you think it has finally hit its highest point. I could tell none of you even have traded bitcoin because if you did you would have better advice to offer this bafoon than to hold the coin when it could potentially hit 100 and stay there. He doesn't have time to just hold its a waste of money.
Price is already low. Why would he sell his coins anyway?
Today is the best day to take profits... I wonder how long he will hold... I wonder if he'll get nervous through a correction! 
i hope to god this guy didnt sell......HERE IT COMES
Lmao this thread is now comedy gold. So this dude has effectively lost 1/2 the value of his sale?
I would think his paper losses are greater than 50% but he will deserve even more the reward when he will sell for a profit
Graham's book would just tell him to buy working assets which return value. BTC is none of that, this was pure speculation for him as its not a float for a business or anything and he is not using the BTC.
Obviously a house can be more useful then that but if it was not useful to him then in theory he is no worse off except there was always more productive alternatives.
People should compare his losses here vs a holding of gold which is the obvious choice otherwise. Both went down, Dollar is up and USA policy is perceived as great right now. Come back when its a mess again and see how those two compare, the fat lady aint singing yet
Obviously a house can be more useful then that but if it was not useful to him then in theory he is no worse off except there was always more productive alternatives.
People should compare his losses here vs a holding of gold which is the obvious choice otherwise. Both went down, Dollar is up and USA policy is perceived as great right now. Come back when its a mess again and see how those two compare, the fat lady aint singing yet
Should've waited till maybe even now or a few more days to get more BTC.
I just sold my 100 tonight,I feel stupid because I should have sold them when they were at 498 before the landslide.
Assuming they will go back down below 100 I am buying in again. Anyway,this guy is a gump. He basically gambled his house away.
Assuming they will go back down below 100 I am buying in again. Anyway,this guy is a gump. He basically gambled his house away.
OP should read The Intelligent Investor by Ben Graham and get a clue.
He sold out in july for 600+. He has 10 other larger houses any way.
Dont feel bad.
Dont feel bad.
And this thread still gets funnier every day.
Jump to: