Topic: new btc buyer here, bought in slowly, will have about .8 tomorrow.. (Read 1822 times)
December 26, 2013, 07:25:29 PM
buy buy buy!
December 26, 2013, 02:08:49 PM
Thanks everyone, holding tight, price rising!
December 26, 2013, 12:42:52 PM
the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.
2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset
I envy your rich ass, but that's not what I said.
See, that's why mBTC is a bad notion. Most folk don't get it, reading comprehension lacking. We need something simpler.
I mean BTC and mBTC are hard for people to distiniguish, they have 75% overlap. And in the future, with uBTC, things would get really ugly. For now, I think most sense would be to price everything in satoshis. So 0.8 BTC = 800 mBTC (bad) = 80 ms = 80,000 ks = 80,000,000 s.
Don't you mean 80 Ms (Mega satoshis) instead of 80 ms (milli satoshis)?
December 26, 2013, 10:42:53 AM
Not super relevant right now, but in a year or two...
That's the story of Bitcoin.
Those of us who didn't buy in until the price reached double digits dreamed of having been around for the days when bitcoins cost pennies and pizzas cost 1000s of bitcoins.
More recent Bitcoin noobs who saw bitcoins close in on the price of ounces of gold drool at the thought of $15/btc only a year ago.
In a year or two when coins sell for 5 figures, anything less than a grand a coin will seen like such a bargain.
On and on it goes, at least until the s-curve bends down again after the vertical phase as it approaches saturation.
December 26, 2013, 10:38:29 AM
the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.
2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset
I envy your rich ass, but that's not what I said.
See, that's why mBTC is a bad notion. Most folk don't get it, reading comprehension lacking. We need something simpler.
I mean BTC and mBTC are hard for people to distiniguish, they have 75% overlap. And in the future, with uBTC, things would get really ugly. For now, I think most sense would be to price everything in satoshis. So 0.8 BTC = 800 mBTC (bad) = 80 ms = 80,000 ks = 80,000,000 s.
December 26, 2013, 10:22:27 AM
the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.
2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset
I envy your rich ass, but that's not what I said.
See, that's why mBTC is a bad notion. Most folk don't get it, reading comprehension lacking. We need something simpler.
December 26, 2013, 10:18:40 AM
At least get enough that you can be a left-sider.
X.yyyyyyyy = left sider
0.yyyyyyyy = right sider
Oh nice, I like that. Not super relevant right now, but in a year or two... X.yyyyyyyy = left sider
0.yyyyyyyy = right sider
December 26, 2013, 10:01:03 AM
the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.
2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset
I envy your rich ass, but that's not what I said.
See, that's why mBTC is a bad notion. Most folk don't get it, reading comprehension lacking. We need something simpler.
December 26, 2013, 05:50:42 AM
Buy until you have 2.1 bitcoins, then put those in cold storage so you own one out of 10 million bitcoins that will ever exist.
Everyone should do this.
Buy and hold.
In the end only 0.0001% are traded and the price will skyrocket. The first that will dump, wins big time, the others can wait another 10 years.
Buy and hold is not the solution -> active trades for goods and web services helps to stabilize bitcoin.
December 26, 2013, 05:49:56 AM
the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.
2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset
December 26, 2013, 05:46:40 AM
As we say in Bitcoin-land HODL!!!!
Whatever happens hold it for 3-5 years and you will either be filthy rich or you lost a few bucks.
Whatever happens hold it for 3-5 years and you will either be filthy rich or you lost a few bucks.
December 26, 2013, 05:39:30 AM
Buy until you have 2.1 bitcoins, then put those in cold storage so you own one out of 10 million bitcoins that will ever exist.
December 26, 2013, 05:25:40 AM
Should I hold it? trade? sell? advice, thanks!
If you can buy more then buy more and hold them. Also look into lite coins
litecoin? That was just $17 bucks a couple of days ago. I hardly think it is a good investment at $24 right now.
December 26, 2013, 03:38:25 AM
Should I hold it? trade? sell? advice, thanks!
If you can buy more then buy more and hold them. Also look into lite coins
December 26, 2013, 03:38:06 AM
At least get enough that you can be a left-sider.
X.yyyyyyyy = left sider
0.yyyyyyyy = right sider
X.yyyyyyyy = left sider
0.yyyyyyyy = right sider
December 26, 2013, 02:42:41 AM
Don't actively trade with more than ~20% of your coins. To take advantage of bitcoin you *must* be invested when it does a 10X moon rocket. These moon rockets are not predictable.
December 26, 2013, 02:38:02 AM
the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.
December 26, 2013, 12:42:50 AM
hold it for 3-5 years, then pay for a house with it
December 26, 2013, 12:26:55 AM
thanks yall
December 26, 2013, 12:15:43 AM
unless you know what your doing with trading, holding is the safest/best thing you can do, the market is nuts right now, their saying its gonna crash big then in january go up and keep going up, but who knows, best of luck 
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