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Topic: I'm All In - Sold My House! - page 62. (Read 112579 times)

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
March 10, 2014, 10:06:23 PM
If Bitcoin ever hits 50k per coin, which it probably will, then 648 bitcoins would be worth...

648x50k = 32.4 million

Not too shabby...

1k, 50k, not much of a jump.

Same as 24 to 1200, somewhat.



Madmadmax posted a chart meme before anyone posted a chart. Take a shot.
hero member
Activity: 740
Merit: 501
March 10, 2014, 09:42:47 PM
If Bitcoin ever hits 50k per coin, which it probably will, then 648 bitcoins would be worth...

648x50k = 32.4 million

Not too shabby...

1k, 50k, not much of a jump.

Same as 24 to 1200, somewhat.

hero member
Activity: 740
Merit: 501
March 10, 2014, 09:41:12 PM
so now that you are homeless, i have a couch you can crash on, 1btc/night
Not a bad idea.
1. Sell your house.
2. Couchsurf around the world.
3. Wait for Bitcoin to spike.
4. Buy a bigger house.

4. Have the price crash
5. Have just about enough to buy yourself a Burrito and a Pepsi (not enough for a coca cola)
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
March 10, 2014, 09:15:23 PM
so now that you are homeless, i have a couch you can crash on, 1btc/night
Not a bad idea.
1. Sell your house.
2. Couchsurf around the world.
3. Wait for Bitcoin to spike.
4. Buy a bigger house.
sr. member
Activity: 280
Merit: 250
time
March 10, 2014, 09:11:07 PM




In all seriousness goodluck OP.

If I were you I would be happy to sell a decent portion at the first sign of a new plateau.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
March 10, 2014, 09:07:03 PM
legendary
Activity: 2576
Merit: 1087
March 10, 2014, 09:06:00 PM

I predict that you will still be bitching about manipulation at 20k. Will be bumping this when it happens.

I have no Bitcoin positions.

I couldn't give a rats arse if some whale wants to plunge 3 million USD in and out of market right now. Infact, I feel a great relief that I am not playing at the moment as I witness these erratic and unforsesable spikes up n down.

What is forseeable is the creeping price slide back to test the previous low. Enjoy watching your net worth evaporate further, suckers.

You know every day I wake up I have no less bitcoin than when I went to sleep.

I'm not sure that constitutes 'evaporation'.
newbie
Activity: 17
Merit: 0
March 10, 2014, 09:03:04 PM
so now that you are homeless, i have a couch you can crash on, 1btc/night
legendary
Activity: 2576
Merit: 1087
March 10, 2014, 09:02:28 PM
Run, Forrest.

sgbett, making a 'retard' jibe, at me!? Well I never!

Dear oh dear oh dear.

Erm.......How are the old Goxbux going Mr Bett?


You really, *really* need to watch that film again, if you think he was a retard.

Goxcoins are right now worth exactly what I expected them to be worth. What you fail to see is they still constitute opportunity. You see I have turned risk on its head, I have locked in my maximum loss. That "loss" is the cost of insuring myself against the unlikely event that what I had in their pays out a percentage.

Consider the scenario instead where you keep your premium, so you can be sure that is all you will ever have. Now consider gox actually pays 0.2BTC on the bitcoin. Your opportunity loss is around 400% (it was easy enough to pick up gox for 0.05BTC on the bitcoin). If they pay out more, say 50% your loss is around 1000%.

I fix my costs, and leave my upside unlimited. Mostly, everyone else in the world does the opposite.

Forrest Gump, fictional though he is, is one of the smartest people I can think of. Unencumbered by society's preconceived ideas about what you should and shouldn't do. Able to truly live life freely. I can only aspire to be that special.

legendary
Activity: 1386
Merit: 1045
March 10, 2014, 09:00:12 PM
If Bitcoin ever hits 50k per coin, which it probably will, then 648 bitcoins would be worth...

648x50k = 32.4 million

Not too shabby...

1k, 50k, not much of a jump.

Same as 24 to 1200, somewhat.
Not really.
sr. member
Activity: 280
Merit: 250
time
March 10, 2014, 08:58:22 PM
If Bitcoin ever hits 50k per coin, which it probably will, then 648 bitcoins would be worth...

648x50k = 32.4 million

Not too shabby...

1k, 50k, not much of a jump.

Same as 24 to 1200, somewhat.

MOB
hero member
Activity: 493
Merit: 504
March 10, 2014, 08:56:15 PM
If Bitcoin ever hits 50k per coin, which it probably will, then 648 bitcoins would be worth...

648x50k = 32.4 million

Not too shabby...

1k, 50k, not much of a jump.

Same as 24 to 1200, somewhat.
sr. member
Activity: 280
Merit: 250
time
March 10, 2014, 08:45:49 PM
If Bitcoin ever hits 50k per coin, which it probably will, then 648 bitcoins would be worth...

648x50k = 32.4 million

Not too shabby...

1k, 50k, not much of a jump.
legendary
Activity: 992
Merit: 1000
March 10, 2014, 08:44:32 PM
If Bitcoin ever hits 50k per coin, which it probably will, then 648 bitcoins would be worth...

648x50k = 32.4 million

Not too shabby...
sr. member
Activity: 280
Merit: 250
time
March 10, 2014, 08:41:40 PM
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
March 10, 2014, 08:12:49 PM
Run, Forrest.

sgbett, making a 'retard' jibe, at me!? Well I never!

Dear oh dear oh dear.

Erm.......How are the old Goxbux going Mr Bett?

Get yourself some cheap Bitcoins there didya?

Where do you obtain this kind of information?

The markets tell me by the way they crash into the fucking dirt first sign of anything scary happening with Bitcoin.

it's reminds me when I started play poker years ago ... I was kind of tight player, playing tight all the time and it's makes out of trouble.. but on the middle game, my stakes wasn't' big enough to play properly  ... then I started watch more closely the aggressive players strategy ...  and how they basically push you to make the hard decision and they plays with the opponents fears ... and in the end of the game I lost...

Now every-time I play poker I know that the time I buy the poker chips I already lost everything ... that's the only way to play properly ... quoting the book "五輪書 Go Rin No Sho"  the Way of the warrior is resolute acceptance of death. But Again .. it's not an advice to anyone .. its just the way my philosophy about investments and bets works for myself ... in cryptocoins.. I am such a hodl with my mined coins and such a gambler when I buy coins ...

ps-> I know that poker strategy vary a lot from cash games, limit, no-limit, tournaments etc ...
hero member
Activity: 840
Merit: 1000
March 10, 2014, 08:12:21 PM

I predict that you will still be bitching about manipulation at 20k. Will be bumping this when it happens.

I have no Bitcoin positions.

I couldn't give a rats arse if some whale wants to plunge 3 million USD in and out of market right now. Infact, I feel a great relief that I am not playing at the moment as I witness these erratic and unforsesable spikes up n down.

What is forseeable is the creeping price slide back to test the previous low. Enjoy watching your net worth evaporate further, suckers.
legendary
Activity: 2268
Merit: 1278
March 10, 2014, 08:02:51 PM
I think you are holding the charts too close to your face.

Hmm yes, very good.

I shall politely remind you that you not even once have you called the square root of fuck all remotely correctly since I started tuning in here but I congratulate you on your immunity to your Bitcoin's USD worth. I wish I could be so free of Bitcoin stress like you, except that I don't as being a latecomer I would be in the fkn poorhouse if I were to adopt such a fkn numbskulled attitude towards my finances.

Holliday. Zero market acumen, but good for a smart arse comment or two.

I bid you good day.


I predict that you will still be bitching about manipulation at 20k. Will be bumping this when it happens.
hero member
Activity: 840
Merit: 1000
March 10, 2014, 07:54:58 PM
I think you are holding the charts too close to your face.

Hmm yes, very good.

I shall politely remind you that you not even once have you called the square root of fuck all remotely correctly since I started tuning in here but I congratulate you on your immunity to your Bitcoin's USD worth. I wish I could be so free of Bitcoin stress like you, except that I don't as being a latecomer I would be in the fkn poorhouse if I were to adopt such a fkn numbskulled attitude towards my finances.

Holliday. Zero market acumen, but good for a smart arse comment or two.

I bid you good day.

hero member
Activity: 840
Merit: 1000
March 10, 2014, 07:17:24 PM
Run, Forrest.

sgbett, making a 'retard' jibe, at me!? Well I never!

Dear oh dear oh dear.

Erm.......How are the old Goxbux going Mr Bett?

Get yourself some cheap Bitcoins there didya?

Where do you obtain this kind of information?

The markets tell me by the way they crash into the fucking dirt first sign of anything scary happening with Bitcoin.
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