Topic: Sold all my BTC@ $94 each (Read 7011 times)

Quote from: sgbett on May 16, 2014, 06:14:37 PM

If everyone is predicting 5000 imagine what it will actually go to Wink

Exactly what I think!
What is the obsession with $5000 anyway?
I say €5000 Grin

OT: sgbett your website is the best thing on this forum

Hehe thanks Wink

The website is amazing, fast, clean, objective ...

It' s lacking any kind of ambiguity.

knightcoin

full member

Activity: 238

Merit: 100

Stand on the shoulders of giants

If everyone is predicting 5000 imagine what it will actually go to Wink

Exactly what I think!
What is the obsession with $5000 anyway?
I say €5000 Grin

OT: sgbett your website is the best thing on this forum

Hehe thanks Wink

The website is amazing, fast, clean, objective ...

sgbett

legendary

Activity: 2576

Merit: 1087

If everyone is predicting 5000 imagine what it will actually go to Wink

Exactly what I think!
What is the obsession with $5000 anyway?
I say €5000 Grin

OT: sgbett your website is the best thing on this forum

Hehe thanks Wink

knightcoin

full member

Activity: 238

Merit: 100

Stand on the shoulders of giants

If everyone is predicting 5000 imagine what it will actually go to Wink

Exactly what I think!
What is the obsession with $5000 anyway?
I say €5000 Grin

OT: sgbett your website is the best thing on this forum

perhaps 5000 is kind of Magic Number .. ( http://en.wikipedia.org/wiki/Magic_number_(programming) )

okthen

hero member

Activity: 490

Merit: 500

Quote from: spazzdla on May 16, 2014, 07:40:36 AM

If everyone is predicting 5000 imagine what it will actually go to Wink

Exactly what I think!
What is the obsession with $5000 anyway?
I say €5000 Grin

OT: sgbett your website is the best thing on this forum

Pente

hero member

Activity: 529

Merit: 527

What a coincidence. Think I bought my first bunch of bitcoins at $94 each.

Maybe those were your coins OP, if so, I wish to thank you for them. Cool

Driv3n

sr. member

Activity: 364

Merit: 250

Love reading old threads like this... I wish I had been invested in BTC from the early days but happy I'm along for the ride now.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

If everyone is predicting 5000 imagine what it will actually go to Wink

I feel that one of these rallies bitcoin just *has to* fool everybody and skip the final double exponential growth week and go straight to crash

It can't be a rally if it doesn't rally....

Imagine it now goes to 2000 (is that a rally?) and then, instead of going vertical to 5000+ as it usually does, it just crashes to 1200

This should start happening once we are near the saturation point; problem is nobody knows exactly where that is.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Whatever people are blabbering about here now. Try to learn from the original thread here people

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: chessnut on May 16, 2014, 04:16:41 AM

If everyone is predicting 5000 imagine what it will actually go to Wink

I feel that one of these rallies bitcoin just *has to* fool everybody and skip the final double exponential growth week and go straight to crash

It can't be a rally if it doesn't rally....

TERA

hero member

Activity: 728

Merit: 500

Quote from: TERA on May 16, 2014, 04:12:05 AM

Quote from: TERA on May 16, 2014, 04:12:05 AM

If everyone is predicting 5000 imagine what it will actually go to Wink

I feel that one of these rallies bitcoin just *has to* fool everybody and skip the final double exponential growth week and go straight to crash

This would happen if, say, the next rally was an a wave of an abc (ew theory).

If it breaks out from this weak chart with no volume and no base then watch out because that might actually be the case.

I think you mean B wave of EW theory. C wave bottoming within the range of IV $50-$266.

right *b wave

chessnut

legendary

Activity: 924

Merit: 1001

If everyone is predicting 5000 imagine what it will actually go to Wink

I feel that one of these rallies bitcoin just *has to* fool everybody and skip the final double exponential growth week and go straight to crash

This would happen if, say, the next rally was an a wave of an abc (ew theory).

If it breaks out from this weak chart with no volume and no base then watch out because that might actually be the case.

I think you mean B wave of EW theory. C wave bottoming within the range of IV $50-$266.

TERA

hero member

Activity: 728

Merit: 500

If everyone is predicting 5000 imagine what it will actually go to Wink

I feel that one of these rallies bitcoin just *has to* fool everybody and skip the final double exponential growth week and go straight to crash

This would happen if, say, the next rally was an a wave of an abc (ew theory).

If it breaks out from this weak chart with no volume and no base then watch out because that might actually be the case.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: Torque on May 15, 2014, 04:25:04 PM

If everyone is predicting 5000 imagine what it will actually go to Wink

I feel that one of these rallies bitcoin just *has to* fool everybody and skip the final double exponential growth week and go straight to crash

Ibian

legendary

Activity: 2268

Merit: 1278

I figure 5-15k. 5k is almost necessary in order to crash to somewhere above 1200 afterwards, but 10k is a possibility. 15k probably not but who knows.

sgbett

legendary

Activity: 2576

Merit: 1087

If everyone is predicting 5000 imagine what it will actually go to Wink

BitchicksHusband

sr. member

Activity: 378

Merit: 255

So if folks are now predicting $5000 by the end of 2014, maybe they're not so crazy after all? Wink

Nope. We are just as crazy as BlackLilac.

What I find funny is how many people were mocking him and rolling their eyes.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: piramida on May 15, 2014, 01:52:52 PM

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.

I'm quoting you on this Wink

Lilac wins.

Beat me to it.

Torque

legendary

Activity: 3822

Merit: 5504

So if folks are now predicting $5000 by the end of 2014, maybe they're not so crazy after all? Wink

KaChingCoinDev

sr. member

Activity: 364

Merit: 250

Quote from: piramida on May 15, 2014, 01:52:52 PM

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year. Getting $94 for something you probably paid a lot less for, when you need fiat to pay bills, isn't a bad thing. However, I'd hold on to as much BTC as you can.

Just saw this thread. Good call!

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: Zotia on April 01, 2013, 07:14:35 AM

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.

I'm quoting you on this Wink

Lilac wins.

excellent call. wonder what he´d predict for end of this year ...

spazzdla

legendary

Activity: 1722

Merit: 1000

This thread should be a lesson to all of you unless you are a god day trader..

H O D L.

spazzdla

legendary

Activity: 1722

Merit: 1000

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.

Want to bet?

http://betsofbitco.in/item?id=1402

How much money/BTC did you lose?

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: flaab on April 02, 2013, 01:30:17 PM

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.

I'm quoting you on this Wink

Lilac wins.

griffinriz

sr. member

Activity: 476

Merit: 250

Bad bad bad for you, i hope now people dont make these mistakes Grin

spazzdla

legendary

Activity: 1722

Merit: 1000

Looks like the answer is F NO.. you failed.

YipYip

hero member

Activity: 574

Merit: 500

I must admit there seems to be a lull in proceedings that is the crazyness of crypto

Time to reflect & look back and learn from other peoples mistakes...

If u gotta pay for bills put you wife on the street giving blow jobs...never sell your btc Wink

Ultros

sr. member

Activity: 471

Merit: 250

Necrolol.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

necrodig.

boscorocks

newbie

Activity: 70

Merit: 0

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year. Getting $94 for something you probably paid a lot less for, when you need fiat to pay bills, isn't a bad thing. However, I'd hold on to as much BTC as you can.

1000?

Yes, the magic 8 ball is predicting $1000 by year end. Put your seatbelt on it'll be a hell of a ride!

flaab

full member

Activity: 121

Merit: 100

Quote from: Amitabh S on April 01, 2013, 10:55:52 AM

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year. Getting $94 for something you probably paid a lot less for, when you need fiat to pay bills, isn't a bad thing. However, I'd hold on to as much BTC as you can.

1000?

01BTC10

vip

Activity: 756

Merit: 503

b!z

legendary

Activity: 1582

Merit: 1010

Quote from: ragingazn628 on April 01, 2013, 09:10:55 AM

not really I dug around and found some coins laying around

Where were they?

Buried in his yard perhaps?

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Quote from: ragingazn628 on April 01, 2013, 12:03:10 AM

Did I make a mistake? How much is bitcoin expected to go up in a week? Month? I do need the money to pay bills ...

If you need to pay the bills, yeah sell it all. In fact you never should have bought.

Don't gamble what you can't afford to lose: risk/reward ratio!

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: DoomDumas on April 01, 2013, 11:08:07 AM

with all the mess in the world economy, mass media starting to talk about BTC, 1000$ before 2014 is'nt impossible..

http://rt.com/news/bitcoin-challenge-dollar-currency-121/

--

I've sold a lot @ 100 to buy my truck ! 1996 Chevy CK2500 HD (my biodiesel tank)

I've buy few BTC Sticker to put on it !

Grats bro Biodiesel FTW =)

Mark Oates

full member

Activity: 168

Merit: 100

Quote from: DoomDumas on April 01, 2013, 11:08:07 AM

with all the mess in the world economy, mass media starting to talk about BTC, 1000$ before 2014 is'nt impossible..

I've sold a lot @ 100 to buy my truck ! 1996 Chevy CK2500 HD (my biodiesel tank)

Cool, Doom. Congrats Grin

DoomDumas

legendary

Activity: 1002

Merit: 1000

Bitcoin

with all the mess in the world economy, mass media starting to talk about BTC, 1000$ before 2014 is'nt impossible..

http://rt.com/news/bitcoin-challenge-dollar-currency-121/

--

I've sold a lot @ 100 to buy my truck ! 1996 Chevy CK2500 HD (my biodiesel tank)

I've buy few BTC Sticker to put on it !

Amitabh S

legendary

Activity: 1001

Merit: 1005

Quote from: ragingazn628 on April 01, 2013, 09:10:55 AM

not really I dug around and found some coins laying around

Where were they?

Amitabh S

legendary

Activity: 1001

Merit: 1005

Even 95% is too much. I'd say do not keep more than 50% of your liquid funds in BTC.

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: piramida on April 01, 2013, 09:10:21 AM

We all missed something in the OP - congratulate the poster on his extreme bravery. He needs money to pay the bills - meaning, *all* of his money was in bitcoin. Not something many of us here have the balls to do

Since about a month ago I keep 95% of my liquid assets in bitcoin. The 5% in dollars is just enough to meet my living expenses.

ragingazn628

hero member

Activity: 714

Merit: 500

Coin Generator

Quote from: BIGMERVE on April 01, 2013, 09:06:28 AM

Quote from: ragingazn628 on April 01, 2013, 08:58:52 AM

Quote from: ragingazn628 on April 01, 2013, 08:58:52 AM

Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".

I still hae 15BTC left.

So you lied in the title. Everyone abandon thread OP lied.

not really I dug around and found some coins laying around

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

We all missed something in the OP - congratulate the poster on his extreme bravery. He needs money to pay the bills - meaning, *all* of his money was in bitcoin. Not something many of us here have the balls to do

BIGMERVE

hero member

Activity: 728

Merit: 500

Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".

I still hae 15BTC left.

So you lied in the title. Everyone abandon thread OP lied.

JordanL

donator

Activity: 294

Merit: 250

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.

I'm quoting you on this Wink

Thanks.

ragingazn628

hero member

Activity: 714

Merit: 500

Coin Generator

Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".

I still hae 15BTC left.

Amitabh S

legendary

Activity: 1001

Merit: 1005

I refuse to believe that you sold all your bitcoins.

But just in case you did:

zedicus

legendary

Activity: 966

Merit: 1004

CryptoTalk.Org - Get Paid for every Post!

With ops luck ... 100 in 5 min! Ladies and gentlemen, please hold on to anything!!

BIGMERVE

hero member

Activity: 728

Merit: 500

You're just going to be one of those threads that people keep coming back to like this one: https://bitcointalksearch.org/topic/why-i-sold-my-bitcoins-144586

Poor guy said he sold at 28 saying bitcoins were way overpriced.

Piper67

legendary

Activity: 1106

Merit: 1001

What is this "selling BTC" you speak of? Grin

yokosan

hero member

Activity: 700

Merit: 500

Probably the biggest mistake you have made, and will ever make, in your entire life. Just like when I sold tons <$10.

Welcome to the dark side of Bitcoin.

Zotia

hero member

Activity: 686

Merit: 501

TokenUnion-Get Rewarded for Holding Crypto

Quote from: ragingazn628 on April 01, 2013, 12:03:10 AM

It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.

Want to bet?

http://betsofbitco.in/item?id=1402

zedicus

legendary

Activity: 966

Merit: 1004

CryptoTalk.Org - Get Paid for every Post!

its going down right now! @ 98!!

thoughtfan

hero member

Activity: 784

Merit: 506

Did I make a mistake? How much is bitcoin expected to go up in a week? Month? I do need the money to pay bills ...

If you need the money to pay the bills then how is it a mistake and why is it even a question?!

If you have chosen to get out now having held on for some time whilst nervous of the price going down then well done

You have done well and have now departed making it that much easier for others to get in the game. If Bitcoin was for you just a fun thing to do for a while to help subsidise your time in college then good for you (assuming it was not against the terms of your college to use their electricity for your gain). You were lucky to have done it at the period you did. If you've sold all now then I guess you're not seeing the bigger picture which is fine. I'll wish you the best with your future

Unless you're upgrading to ASICs chances are you're unlikely to be mining very much for much longer so maybe it would be an idea to expect no more fiat from the sale of Bitcoin and just keep the remainder that you get from mining for the long term - just in case the price continues to go parabolic.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

as a fellow miner, I sold way too much, at way too cheap over the last couple years.

normally I would sell on the way up, to pay the bills, and put aside some to buy on the dips...

Man, I miss those dips.

I don't have any fancy charts or TA or anything, but I have a feeling that we'll take a breather at the +/- 100 level, but after that, we could see another steep rise.

This deal in Cypress is more serious than I thought. I think this is just the beginning.

*totally ridiculous prediction? 200 before the end of April*

:edit: forgot to mention, taking profit is a good thing, it's a necessary thing, and $94 is a pretty good haul... BUT, I have adopted the strategy of selling half, and keeping half.

this way, I can still pay the bills, and I've recouped my initial investment. Yet, I have a little skin in the game just in case this thing really takes off.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Someone has to sell, otherwise we'll shoot straight up, not healthy. So - thanks.

afbitcoins

legendary

Activity: 2101

Merit: 1061

In the short term I'm thinking bitcoins will probably keep going up,might be hard to continue sitting on the sidelines if you are missing some big moves up in price. However I'm thinking the price will fall down hard at some point. Only time will tell if you were right to sell now or not. I'm holding mine for now.

EuroTrash

hero member

Activity: 728

Merit: 500

Quote from: ragingazn628 on April 01, 2013, 12:33:51 AM

Quote from: ragingazn628 on April 01, 2013, 12:25:24 AM

I NEVER bought any BTC. I mined everything

Someone paid for your bitcoins. The hardware and electricity was not free.

Electricity was free (college). I flipped my Hardware until it was free.

Which means that someone paid for your bitcoins.

SlaveInDebt

hero member

Activity: 699

Merit: 500

Your Minion

Quote from: Crazy on April 01, 2013, 02:08:30 AM

Don't neglect bills based on speculation. You didn't make a mistake, you were responsible and reasonable -- the latter of which tends to be lacking on these boards at times.

There's nothing like government restriction/control inflating price.

Crazy

full member

Activity: 182

Merit: 106

Don't neglect bills based on speculation. You didn't make a mistake, you were responsible and reasonable -- the latter of which tends to be lacking on these boards at times.

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: ragingazn628 on April 01, 2013, 12:03:10 AM

Did I make a mistake? How much is bitcoin expected to go up in a week? Month? I do need the money to pay bills ...

They are almost assuredly going over 100 by Thursday. Personally, I would buy back whatever % you are comfortable keeping in because once that barrier is crossed, its going to spike again.

Tirapon

hero member

Activity: 898

Merit: 1000

Shouldn't have sold ALL of them, otherwise I guess its never a bad idea to take profit...

evolve

hero member

Activity: 700

Merit: 500

daytrader/superhero

Quote from: ragingazn628 on April 01, 2013, 12:03:10 AM

Did I make a mistake?

No.

SlaveInDebt

hero member

Activity: 699

Merit: 500

Your Minion

I like these post! See you on the other side.

astutiumRob

full member

Activity: 201

Merit: 100

Quote from: ragingazn628 on April 01, 2013, 12:03:10 AM

Did I make a mistake?

Only you can work that out.

Quote from: ragingazn628 on April 01, 2013, 12:03:10 AM

How much is bitcoin expected to go up in a week? Month?

Supply & Demand - could go up, could go down, no-one actually _knows_.

ragingazn628

hero member

Activity: 714

Merit: 500

Coin Generator

Quote from: ragingazn628 on April 01, 2013, 12:25:24 AM

I NEVER bought any BTC. I mined everything

Someone paid for your bitcoins. The hardware and electricity was not free.

Electricity was free (college). I flipped my Hardware until it was free.

ragingazn628

hero member

Activity: 714

Merit: 500

Coin Generator

I NEVER bought any BTC. I mined everything

Mike Christ

legendary

Activity: 1078

Merit: 1003

In the long run, it's gonna hit a gabillion per coin. You lose!

Naw but really, hope the price goes back down some, cos you wanna buy back in ASAP.

kaoD

newbie

Activity: 22

Merit: 0