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Topic: Step Back. Zoom out. Buy Bitcoin. (Read 1329 times)

member
Activity: 109
Merit: 10
Decentralized Transportation Economy
June 08, 2016, 01:58:34 AM
#24

You didn't buy below $60, let alone below $53. Reg date confirms you are a liar.


Last time I checked it wasn't against the law to buy bitcoins without registering here first.


2011: bought my first bitcoins
2013: found this forum


i am wondering if it would have been better other way around.

If you found this forum first, you might not keep your bitcoin for long. There are too many fud in the forum.
legendary
Activity: 2338
Merit: 2106
May 31, 2016, 05:49:42 AM
#23

You didn't buy below $60, let alone below $53. Reg date confirms you are a liar.


Last time I checked it wasn't against the law to buy bitcoins without registering here first.


2011: bought my first bitcoins
2013: found this forum


i am wondering if it would have been better other way around.
legendary
Activity: 1106
Merit: 1005
May 31, 2016, 05:42:39 AM
#22
Right now bitcoin is a very dangerous investment, it's at the top of a hype now.[citation needed] There's notging backing bitcoin, and i'm not talking about value backing with tangible assets, I'm talking about the community and developers ignoring fundamental problems with the system.

We can save bitcoin only if we want to offer ourselves and the world a solution and not think of our personal greed for a moment.

i agree with the part about blocksize needing urgent improvement (I believe this is being worked on, but SegWit was supposed to go online in April, so they're quite late, but the positive side is that it probably won't take much longer. I also believe a 2MB upgrade is agreed by the miners, but I don't know when and how that will happen.
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
May 31, 2016, 05:33:21 AM
#21
it's at the top of a hype now.

No, it's not.  Grin
legendary
Activity: 1442
Merit: 1016
May 31, 2016, 05:06:59 AM
#20
you havent shown the complete graph  Tongue , bitcoin has dropped since the last 2 years. it used to be around $1000 each and its $500 right now.

Use the all time chart and you see where we are going!
It's a constantly upwards movement with some spikes and corrections within it.
So OP definitely is on the right path here.Zoom out, enjoy and buy Bitcoin!
legendary
Activity: 1937
Merit: 1001
May 31, 2016, 03:59:55 AM
#19
Right now bitcoin is a very dangerous investment, it's at the top of a hype now. There's notging backing bitcoin, and i'm not talking about value backing with tangible assets, I'm talking about the community and developers ignoring fundamental problems with the system.

We can save bitcoin only if we want to offer ourselves and the world a solution and not think of our personal greed for a moment.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
May 31, 2016, 03:23:37 AM
#18
you havent shown the complete graph  Tongue , bitcoin has dropped since the last 2 years. it used to be around $1000 each and its $500 right now.

2years? LOL.

I love how you trolls are quick to point out how the price dropped in 2014 (the only calendar year that Bitcoin didn't increase in price) but never seem to mention how it increased from a fraction of a penny in 2009 to over a dime in 2010, to several dollars in 2011, to hundreds and then over $1000 in 2013.

Yes, the price fell dramatically in 2014 but that year (and the early part of 2015) was the aberration in an otherwise steady rise in value.

Educate yourself.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
May 31, 2016, 03:07:03 AM
#17

...so I assume your bitcoins, like mine, have increased more than tenfold in value.

 Grin

I call BS!! Way to try to brag, douche
You didn't buy below $60, let alone below $53. Reg date confirms you are a liar.
It's funny how you disappear when the market is going against your position. Only to return to say "told ya so" when it finally picks up two years later. Can't wait to see you disappear again when it falls back below these levels after the halving. Better sell this time!!  Wink

ta

Fuck off you pathetic little loser doofus. How dare you call me a liar, noob.

You say I disappear when the market goes against my position only to return 2 years later? For your information, I only joined this forum after the spring bubble of 2013 had already popped, and have posted regularly since, seldom missing more than a few days at a time, and usually posting at least once daily, often first thing after I wake up.

I have never faltered in my belief that Bitcoin represents a disruptive technology and will continue to increase in value as the world continues to adopt it as a fast, secure, and cheap way to transfer value, especially internationally.

I never claimed to buy below 53USD. If you read through my post history, you'll see that I have repeatedly stated that I paid $68 for my first coins in February 2013. At that time CAD and USD were at par. Needless to say, I paid in CAD as they were from Cavirtex, the largest CAD exchange at the time.

According to Bitcoin Average, the price of bitcoins is $706.65 at the moment in CAD, the fiat currency I used to purchase my coins.

Last time I looked $706 was more than ten times $68.

Crawl back in your hole, you worthless troll.
______

****Gives self slap for biting at troll bait****
legendary
Activity: 1106
Merit: 1005
May 31, 2016, 01:33:08 AM
#16
you havent shown the complete graph  Tongue , bitcoin has dropped since the last 2 years. it used to be around $1000 each and its $500 right now.

It's obviously 12 month graph. If he went all the way, it would also show sub 1$ per bitcoin rates, not much point in that either.
The point is that USD is likely to fall against other fiat imho, and btc to rise vs other fiat as they are even now, making the btc/usd pair skyrocket. (but i do get over optimistic sometimes)

Up until 2014 Bitcoin has had some significant yearly gains every year.

legendary
Activity: 1946
Merit: 1137
May 30, 2016, 11:36:21 PM
#15
IMO it depends.

Long term yes,

4 days I see a retrace to 490-500 then up, 600 perhaps.

i was also expecting some kind of correction because of the sudden rise and a fall back to $500 but it seems like the price doesn't want to come down anymore.
apparently the new bottom is $510 these days.
legendary
Activity: 1722
Merit: 1000
May 30, 2016, 09:22:44 PM
#14
IMO it depends.

Long term yes,

4 days I see a retrace to 490-500 then up, 600 perhaps.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
May 30, 2016, 07:04:07 PM
#13
you havent shown the complete graph  Tongue , bitcoin has dropped since the last 2 years. it used to be around $1000 each and its $500 right now.

It's obviously 12 month graph. If he went all the way, it would also show sub 1$ per bitcoin rates, not much point in that either.
The point is that USD is likely to fall against other fiat imho, and btc to rise vs other fiat as they are even now, making the btc/usd pair skyrocket. (but i do get over optimistic sometimes)
member
Activity: 152
Merit: 10
https://eloncity.io/
May 30, 2016, 06:55:47 PM
#12

You didn't buy below $60, let alone below $53. Reg date confirms you are a liar.


Last time I checked it wasn't against the law to buy bitcoins without registering here first.

True, but the odds are that everyone comes here to learn how to buy bitcoin and use bitcoin before making their first purchase. In 2013, there wasn't as much readily available info with a simple google search to get it all going like it is now. Newbs want to find out from the people who have been in it, the best ways and the safest way to do it.

Plus I always see people judging new posters by their post count. I thought it was the defacto metric for someones general knowledge and even age.  Roll Eyes
full member
Activity: 124
Merit: 100
cancer sucks
May 30, 2016, 06:55:00 PM
#11
buying .1 on friday should be doing it everyweek ,  my loss
legendary
Activity: 1288
Merit: 1087
May 30, 2016, 06:46:51 PM
#10

You didn't buy below $60, let alone below $53. Reg date confirms you are a liar.


Last time I checked it wasn't against the law to buy bitcoins without registering here first.
member
Activity: 152
Merit: 10
https://eloncity.io/
May 30, 2016, 06:37:46 PM
#9

...so I assume your bitcoins, like mine, have increased more than tenfold in value.

 Grin

I call BS!! Way to try to brag, douche
You didn't buy below $60, let alone below $53. Reg date confirms you are a liar.
It's funny how you disappear when the market is going against your position. Only to return to say "told ya so" when it finally picks up two years later. Can't wait to see you disappear again when it falls back below these levels after the halving. Better sell this time!!  Wink

ta
legendary
Activity: 1232
Merit: 1091
May 30, 2016, 05:45:57 PM
#8
I am still busy in buying some coins whatever I can afford to, as expecting some great price at the time of having, so its better to buy now and hold it.

Why didn't you buy as many coins as possible while the price remained below $450 for quite some time? Right now you could secure profits or keep holding your coins and anjoy seeing the price go up.
hero member
Activity: 756
Merit: 500
May 30, 2016, 05:42:05 PM
#7
you havent shown the complete graph  Tongue , bitcoin has dropped since the last 2 years. it used to be around $1000 each and its $500 right now.
legendary
Activity: 2464
Merit: 1102
May 30, 2016, 05:38:55 PM
#6
I am still busy in buying some coins whatever I can afford to, as expecting some great price at the time of having, so its better to buy now and hold it.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
May 30, 2016, 05:36:46 PM
#5
Because you know that I like you, here is a FRESH bullish news Tongue

IMF Magazine Examines Present and Future of Bitcoin

http://cointelegraph.com/news/imf-magazine-examines-present-and-future-of-bitcoin?utm_content=bufferdfb0a&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
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