Spent over 1000USD - page 2. | Bitcointalksearch.org

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: Hyena on February 05, 2015, 05:54:56 PM

Quote from: afbitcoins on February 05, 2015, 05:41:24 PM

Heres a reminder what happened in 2011. Bitcoin died then too.

Sweet memories Cheesy

I bought my first bitcoins at the price of 4.5$ after the 2011 crash. To extrapolate, the next bubble will compare to 2013 one like Canis Majoris to Sun.

I love this chart, shows how big a fuzz we make about nothing.

I don't know when the next bubble comes, but when it comes, we will not even remember this bear market. And we will cry when it dips to $2000 and people will complain Bitcoin is dead and it will fall all the way to $1000

spiderbrain

legendary

Activity: 889

Merit: 1013

I'm presuming you bought bitcoins with money you could afford to lose, so the plan is as normal: hold until either bitcoin is a success or the technology fails and it goes to zero. Neither has happened so you should continue to hold. I think over the next year up is more likely than down, but we might see $100 on the way. If it is stressing you out then sell enough so you can relax and it becomes a fun bet. Governments are printing money like lunatics in all the major economies, so a currency with relatively low pre-set inflation should in principle be a good bet right now.

bitcoin_bagholder

sr. member

Activity: 336

Merit: 250

Quote from: Warren Buffert on February 05, 2015, 01:49:44 PM

Quote from: jaredboice on February 05, 2015, 01:35:17 PM

Troll Logic:

1. Pick a forum on a topic you think is a waste of time

2. Waste time signing up for an account

3. Waste several hours of every day trying to convince everyone on the forum what a waste of time it is.

Not a waste of time at all. It's really interesting to witness the reactions of the bitcoin believers here as they soundly reject logic and admonish critics. In the case here, they're called "trolls" despite calling the direction of the market accurately since the end of 2013. This is all very common behavior in cults and groups invested into a concept either emotionally or financially (usually both).

In fact, I'm working on a book about the mind of a bitcoin fanatic and other financial schemes throughout the ages, which has received a lot of interest from my publisher. So let's consider this research!

I would like to have a chat with your publisher. Gimme the digits!

Hyena

legendary

Activity: 2114

Merit: 1015

Quote from: tarmi on February 05, 2015, 05:57:22 PM

if you are waiting for the next bubble and you bought at 4.5 $ you are doing it wrong!

Doing what wrong? I'm a professional permabull and hodling is what I do for living. Tongue

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: Hyena on February 05, 2015, 05:54:56 PM

Quote from: afbitcoins on February 05, 2015, 05:41:24 PM

Heres a reminder what happened in 2011. Bitcoin died then too.

Sweet memories Cheesy

I bought my first bitcoins at the price of 4.5$ after the 2011 crash. To extrapolate, the next bubble will compare to 2013 one like Canis Majoris to Sun.

if you are waiting for the next bubble and you bought at 4.5 $ you are doing it wrong!

Hyena

legendary

Activity: 2114

Merit: 1015

Quote from: afbitcoins on February 05, 2015, 05:41:24 PM

Heres a reminder what happened in 2011. Bitcoin died then too.

Sweet memories Cheesy

I bought my first bitcoins at the price of 4.5$ after the 2011 crash. To extrapolate, the next bubble will compare to 2013 one like Canis Majoris to Sun.

afbitcoins

legendary

Activity: 2101

Merit: 1061

I don't really understand the psyche of the bitcoin bear. Presumably you all want to accumulate fiat by shorting the shit out of bitcoin? Or do you have an altcoin in mind that is vastly superior? If you are accumulating fiat I hope you are putting it into hard assets and not leaving it in a bank.

Fiat is destined to fail.

Anyway in my view you should hold those bitcoin. If you have more money to invest I'd consider accumulating some physical gold and silver bullion which are also protection from the fiat/central banking system which is destined to perish in a very ugly way.

Heres a reminder what happened in 2011. Bitcoin died then too.

This is what that bubble looks like now, marked with pink hand pointer

Hyena

legendary

Activity: 2114

Merit: 1015

troll feeding frenzy

jaredboice

hero member

Activity: 560

Merit: 500

The Troll Warren Buffet is ignored. Unless he can prove that all the dozens (hundreds?) of trolls wasting their time in here posting negative sentiment on a topic they view a waste of time are actually all doing so because "they're researching for the novel they're writing"

Cheesy

kwukduck

legendary

Activity: 1937

Merit: 1001

If you don't want to lose more, sell now. This is the best price you'll get for it.

Warren Buffert

full member

Activity: 364

Merit: 102

Quote from: jaredboice on February 05, 2015, 01:35:17 PM

Troll Logic:

1. Pick a forum on a topic you think is a waste of time

2. Waste time signing up for an account

3. Waste several hours of every day trying to convince everyone on the forum what a waste of time it is.

Not a waste of time at all. It's really interesting to witness the reactions of the bitcoin believers here as they soundly reject logic and admonish critics. In the case here, they're called "trolls" despite calling the direction of the market accurately since the end of 2013. This is all very common behavior in cults and groups invested into a concept either emotionally or financially (usually both).

In fact, I'm working on a book about the mind of a bitcoin fanatic and other financial schemes throughout the ages, which has received a lot of interest from my publisher. So let's consider this research!

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: ibrahim11 on February 05, 2015, 11:51:22 AM

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad

Price is still very low Sad

Will we ever see an increase to make a return on investment?

the BTC/usd rate of your portfolio should by inversely proportional to the amount of train pictures you see in teh wall observer topic.

and no one know if or when we will rise. Neither if it will fall even more

jaredboice

hero member

Activity: 560

Merit: 500

Troll Logic:

1. Pick a forum on a topic you think is a waste of time

2. Waste time signing up for an account

3. Waste several hours of every day trying to convince everyone on the forum what a waste of time it is.

Amph

legendary

Activity: 3248

Merit: 1070

keep holding and buying, and you may see a great return, otherwise there is only the loss

Warren Buffert

full member

Activity: 364

Merit: 102

Quote from: ibrahim11 on February 05, 2015, 12:32:39 PM

So I should just sell my coins?

Yes, sell them now and take the money to your nearest casino and bet on black. At least you have almost 50% of doubling your money, which is much better than riding this sinking ship down.

stonerider

full member

Activity: 224

Merit: 100

I agree, $5 bitcoin is a fantasy at this point. $120-$150, on the other hand, is a real possibility.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Quote from: OgNasty on February 05, 2015, 12:41:48 PM

Quote from: esse83 on February 05, 2015, 11:56:43 AM

Quote from: ibrahim11 on February 05, 2015, 11:51:22 AM

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad

Price is still very low Sad

Will we ever see an increase to make a return on investment?

Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania

Expect $1-5 by the end of the year.

I will bet you any amount of money that we don't see a $5 Bitcoin this year. Let me know if you're interested.

Yeah true... The guy tried to be too bearish on BTC... We might consider that someone's bearish on it, but saying it would go between $1-$5 is a troll... Actually, it's a shame... Bitcoin is such a technology which cannot be valuated by any of us currently as it's still in its developing phase, and not yet exposed to the whole of the world, and I don't think that it is still going to be known by everyone till the next 10 years, as everyone here seems to be pretty profit-minded, and not interested in showing it to the world by advertising it...

WW3

newbie

Activity: 45

Merit: 0

Quote from: ?? on ??

http://s15.postimg.org/ncboxwjhz/1388615896212.jpg?noCache=1423157493

I love this image and I am saving it, here a return image

http://s3.postimg.org/yofs0cfqb/cb94f11254a1d33486449ea0408fa0c4a61a376a.jpg

I plan to hold, op I trust in bitcoin and just read over 1000 merchants now accept it.

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: esse83 on February 05, 2015, 11:56:43 AM

Quote from: ibrahim11 on February 05, 2015, 11:51:22 AM

I have 2.69 bitcoins and the total amount I bought them for (at different rates obviously) is 867GBP = 1300USD Sad

Price is still very low Sad

Will we ever see an increase to make a return on investment?

Nope, sorry. Incase you didn't know this already, but BTC was actually nothing more than tulip mania - that is what you are seeing unfold for more than a year. The floor will be dictated by the amounts of drugs bought using bitcoin. So guess it's not really tulip mania

Expect $1-5 by the end of the year.

I will bet you any amount of money that we don't see a $5 Bitcoin this year. Let me know if you're interested.

geforcelover

full member

Activity: 168

Merit: 100

Quote from: ibrahim11 on February 05, 2015, 12:32:39 PM

So I should just sell my coins?

i suggest no wait for a time and maybe maybe the price will go upto at least 350$

Topic: Spent over 1000USD - page 2. (Read 2937 times)