Mother keeps bugging me about her money. - page 3.

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: Raxe.io on April 28, 2014, 04:10:28 AM

You are only at a loss if you cash out. Always remember this, there is no saying Namecoin will not go up. Bitcoin is on a downward trend due to China news therefore Namecoin will go down.

Pf course. I just wonder how long this stagnant period will keep up. I have no problem waiting but my mother does however.

Raxe.io

full member

Activity: 238

Merit: 100

You are only at a loss if you cash out. Always remember this, there is no saying Namecoin will not go up. Bitcoin is on a downward trend due to China news therefore Namecoin will go down.

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: ?? on ??

Quote from: thedarksun on April 28, 2014, 03:42:29 AM

Well nmc is 1.9 right now so its only 2/8 from 3k.....

What's this in dollars? You have $750 worth of namecoin left?

Maybe but why does it matter im not touching them until NMC is 8+ again...

voluntarist500

member

Activity: 112

Merit: 10

lol. you sell now and see the price shoot back to 8$ as soon as you sold. That's how it works :p

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: Spoetnik on April 28, 2014, 03:37:20 AM

your screwed.. the only reason at all it was priced as it was way back then is because of people like you who
who came in in droves flooding this scene buying everything that was not nailed down for obscene and often stupid prices..
the market died down and the new users came to a trickle and the new guys started to smarten up.

I started before the crowd came and we we're waiting for you guys for ages ready to sell you high priced coins..
holding a knife and fork tongue hanging out with a napkin tucked in our shirts lol
we all laughed about it regularly on Cryptsy chat saying their coming....
And sure enough you guys did and threw your cash around like crazy.
All i seen every couple seconds on chat was how do i transfer money from my bank account to Cryptsy lol

those days are gone and the scene went 1000000x more scammy insuring no professional people will ever set foot in here EVER again !
Blame the Doge 'tards, greedy exchanges etc and moron noobs throwing money around.. kids shoudln't be spending big money sorry.

your money is gone .

well i guess thats it. I am fucked

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: ?? on ??

Quote from: HCLivess on April 28, 2014, 03:00:22 AM

Explain to her that she did not need the money in the first place

This. In my experience, older people have money, but no fucking clue what to do with it. Oh, and they don't get that, in the short term, prices fluctuate.

One of the saddest things I say to illustrate this was a professor I had. Asshole was making $250k-$300k a year. We're taking a test and the smug bastard gets a call from his "broker," Doug from eTrade, that he takes during the class. Doug has him put $100k in the S&P 500. I later mention to him that at the moment, the S&P 500 is supremely overvalued by traditional metrics. I ask if he's familiar with growth vs value funds. He's not (oh, did I mention he's a fucking accounting professor).

Additionally, this $100k was his CAR FUND?!? And he needed it in a year (ummm, 5 seconds online will tell you that you not to put money at risk that you need in less than a year, ideally 3+ years). I was literally sick. Who the fuck spends $100k on a car and knows fuck all about basic finance?

How much are you down? How much remains of the $3k?

Well nmc is 1.9 right now so its only 2/8 from 3k.....

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

your screwed.. the only reason at all it was priced as it was way back then is because of people like you who
who came in in droves flooding this scene buying everything that was not nailed down for obscene and often stupid prices..
the market died down and the new users came to a trickle and the new guys started to smarten up.

I started before the crowd came and we we're waiting for you guys for ages ready to sell you high priced coins..
holding a knife and fork tongue hanging out with a napkin tucked in our shirts lol
we all laughed about it regularly on Cryptsy chat saying their coming....
And sure enough you guys did and threw your cash around like crazy.
All i seen every couple seconds on chat was how do i transfer money from my bank account to Cryptsy lol

those days are gone and the scene went 1000000x more scammy insuring no professional people will ever set foot in here EVER again !
Blame the Doge 'tards, greedy exchanges etc and moron noobs throwing money around.. kids shoudln't be spending big money sorry.

your money is gone .

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: scottsecret on April 28, 2014, 02:21:19 AM

I wouldn't necessarily expect it to go up anymore. You better find a way to hedge.

So you mean ive already lost all the money? What the fk. I am done dor.

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

Explain to her that she did not need the money in the first place

whywefight

legendary

Activity: 1078

Merit: 1042

www.explorerz.top

Quote from: thedarksun on April 28, 2014, 01:59:18 AM

In the beginning of january my mom gave me 3000dollars with which i bought nmc when they were 8 short before plumbing to 6<. Now she keeps bugging me where her money are because it has been some months. Do you guys think we will see an upswing in prices in summer because im gettin desperate here. She will kil me if NMC dies and all money are gone.

dont play with money you dont have

One Six

sr. member

Activity: 281

Merit: 250

Quote from: thedarksun on April 28, 2014, 01:59:18 AM

In the beginning of january my mom gave me 3000dollars with which i bought nmc when they were 8 short before plumbing to 6<. Now she keeps bugging me where her money are because it has been some months. Do you guys think we will see an upswing in prices in summer because im gettin desperate here. She will kil me if NMC dies and all money are gone.

Explain to her your gamble and apologize. If you have spare btc, daytrade on coins with volume.

scottsecret

newbie

Activity: 52

Merit: 0

I wouldn't necessarily expect it to go up anymore. You better find a way to hedge.

thedarksun

sr. member

Activity: 639

Merit: 251

Quote from: PredatorZ on April 28, 2014, 02:16:52 AM

To be safe, you should work at a gas station or as a prostitute while you are waiting. But do not use your normal telephon number.

Im serious bro. What if btc stays 600< all summer?

PredatorZ

newbie

Activity: 21

Merit: 0

To be safe, you should work at a gas station or as a prostitute while you are waiting. But do not use your normal telephon number.

thedarksun

sr. member

Activity: 639

Merit: 251

In the beginning of january my mom gave me 3000dollars with which i bought nmc when they were 8 short before plumbing to 6<. Now she keeps bugging me where her money are because it has been some months. Do you guys think we will see an upswing in prices in summer because im gettin desperate here. She will kil me if NMC dies and all money are gone.

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