We all gonna be filthy rich and here is why:

gentlemand

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Quote from: Sundark on March 02, 2017, 11:40:34 AM

Are we really gonna complain because we failed to accumulate enough BTC while it was still cheap? It is our own fault.

Yes.

Everyone wants their big cake and also the freedom to gorge on it.

I only wish the whole BTC thing had switched to Mbtc or whatever ages ago to stop newcomers feeling deprived. Psychological barriers matter even when they're totally daffy.

Sundark

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Quote from: helloeverybody on February 25, 2017, 09:53:50 AM

Id like to be able to put aside 2 or 3 bitcoin a year but thats looking ever more unlikely now due o bitcoin being so expensive. If 1k is the floor then it wont be long before people start talking more about satoshis and less about full bitcoins.

Isn't that what we were aiming for? Adoption, rising bitcoin awareness and more users = price increase due to increased demand.
Are we really gonna complain because we failed to accumulate enough BTC while it was still cheap? It is our own fault.

Zitudent

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Quote from: helloeverybody on February 25, 2017, 09:53:50 AM

Quote from: valta4065 on February 25, 2017, 08:28:45 AM

Quote from: Shiroslullaby on February 25, 2017, 08:03:31 AM

Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

I agree, on long term btc might become something that will change your (future) life!
I try to put at least 2 or 3 btc on a side every year, it's becomming harder with the rise of the price but can't say I'm unhappy about that xD

Id like to be able to put aside 2 or 3 bitcoin a year but thats looking ever more unlikely now due o bitcoin being so expensive. If 1k is the floor then it wont be long before people start talking more about satoshis and less about full bitcoins.

It might be likely now. but in the next few year, it is not very possible.

helloeverybody

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Quote from: valta4065 on February 25, 2017, 08:28:45 AM

Quote from: Shiroslullaby on February 25, 2017, 08:03:31 AM

Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

I agree, on long term btc might become something that will change your (future) life!
I try to put at least 2 or 3 btc on a side every year, it's becomming harder with the rise of the price but can't say I'm unhappy about that xD

Id like to be able to put aside 2 or 3 bitcoin a year but thats looking ever more unlikely now due o bitcoin being so expensive. If 1k is the floor then it wont be long before people start talking more about satoshis and less about full bitcoins.

adidas

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Americans do it better

Quote from: Shiroslullaby on February 25, 2017, 08:03:31 AM

Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

Owning 1 Bitcoin a year sounds like possible for most of the forum members. They eat, sleep and think about bitcoin. I think in a pure 35.000 dollars price for 1 bitcoin in the year 2025 and this is pure speculation. Now imagine if I am right owning 8 bitcoins until then will make you 280.000 dollars. That is a big amount of money even here in the USA , imagine in other countries. I agree soon we will be filthy rich if we stick to the plan of holding.

valta4065

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Quote from: Shiroslullaby on February 25, 2017, 08:03:31 AM

Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

I agree, on long term btc might become something that will change your (future) life!
I try to put at least 2 or 3 btc on a side every year, it's becomming harder with the rise of the price but can't say I'm unhappy about that xD

Shiroslullaby

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Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

n0ne

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Quote from: Zitudent on February 25, 2017, 05:57:35 AM

Quote from: lionheart78 on December 25, 2016, 12:14:39 PM

Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Definitely, Bitcoin is still young, Bitcoin users are tiny compares to the world's population. This means the market is still unsaturated. Just imagine if every month a tenth of 1 percent of the population adopt bitcoin, demand will flock in. There is no other way for bitcoin but to increase in price. We just need to hold and be patient.

When the bitcoin price rises, it will attract more people to the bitcoin world. The user number will also increase.

The price increase attracts more users, at the same it will not continue evenly. So the price won't sustain high for a long. It also get evaluated based on the market moved. Sure it makes users filthy rich unlike the price but need to give lot time for earning as well have to stock to scheduled targets.

Zitudent

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Quote from: lionheart78 on December 25, 2016, 12:14:39 PM

Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Definitely, Bitcoin is still young, Bitcoin users are tiny compares to the world's population. This means the market is still unsaturated. Just imagine if every month a tenth of 1 percent of the population adopt bitcoin, demand will flock in. There is no other way for bitcoin but to increase in price. We just need to hold and be patient.

When the bitcoin price rises, it will attract more people to the bitcoin world. The user number will also increase.

lionheart78

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Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Definitely, Bitcoin is still young, Bitcoin users are tiny compares to the world's population. This means the market is still unsaturated. Just imagine if every month a tenth of 1 percent of the population adopt bitcoin, demand will flock in. There is no other way for bitcoin but to increase in price. We just need to hold and be patient.

thejaytiesto

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Quote from: electronicash on December 22, 2016, 08:12:36 PM

Its not ideal to hold btc still when there are tons of tokens that will soon have better value than the rest. I think those investors who bought btc with fiat intends to buy tokens such as ICN.

The thing is, you never know with alts. Sure the ICN (I guess you mean the Iconomy graph?) looks healthy, but we don't know what the fuck is going on with ETH right now, and let's not forget that ICN is far as I know a token that depends on ETH's health, and ETH has been bleeding for months... so how can you trust your investment? If ICN was a sidechain of Bitcoin I would have already bought some, but since it depends on ETH, I cant trust it.

iqlimasyadiqa

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Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

so true . would increase every year. bitcoin prices will rise. we must be optimistic that in the future the price of bitcoin will exceed the level which was very nice. it is one that affects the circulation of bitcoin future.

CoinCidental

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Si vis pacem, para bellum

Quote from: Denker on December 25, 2016, 08:34:01 AM

Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Sure to hodl seems to tbe the easiest way if you have no idea how trading works and you don't have enough money doing it.
I also agree that Bitcoin still is an early stage, in terms of technological development as also pricewise.
So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

you can doublle your money hodling for just 6 months sometimes......nice easy profits Wink

Denker

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Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Sure to hodl seems to tbe the easiest way if you have no idea how trading works and you don't have enough money doing it.
I also agree that Bitcoin still is an early stage, in terms of technological development as also pricewise.
So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

Pierre 2

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Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

talkbitcoin

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All I know is that I know nothing.

all of the early adopters are going to be filthy rich and it is all about when you get in. if you got in back in 2009 you could have gained $1200 per coin, if 2014-2015 you could have gained $700 per coin and if 2016 you could have gained ~$300 and so on.

and soon there will be a day when people are going to regret not getting in today either because price is going to be 10K Cheesy

tabnloz

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Quote from: piramida on December 21, 2016, 08:24:31 PM

Quote from: Arrakeen on December 21, 2016, 04:29:34 PM

No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY. Why, god? Why must you torture me like this?

Protip: HODL. That is the only true way. HODL with a few year target. Get rewarded. Try catching spikes? Lose all. Simple.

It may be a meme but it has been a successful strategy for pretty much all of btc's existence. That doesn't discount the brutal bear market we've endured, but shit if you bought in 2012-13 you could have just did nothing and been up 1000%.

CoinCidental

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Si vis pacem, para bellum

Quote from: European Central Bank on December 21, 2016, 05:12:32 PM

Quote from: podyx on December 21, 2016, 04:44:06 PM

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

Kim Dotcom and Vinny lingham are a couple of people who have advised to buy btc in the past and correctly predicted a rise

KIm says $2k in 2017 and Vinny says $3k so the market is looking rather positive wit institutions and hedge funds warming up to the idea of adding btc to their mega stack

tabnloz

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Quote from: Ibian on December 22, 2016, 01:16:02 AM

Quote from: European Central Bank on December 21, 2016, 05:12:32 PM

Quote from: podyx on December 21, 2016, 04:44:06 PM

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

I don't think the 'making those early adopter assholes rich' is relevant. If they want in they have to pay out the early holders, like it or not.

It is whether 'big money' sees the potential in it to make further money and subsequently has the avenues to buy in significantly.

Historically its beaten every other asset into the ground apart from the 1 year; I actually hope bankchains take off - gives bitcoin a shitload more credibility if the banks adopt its technology

Shiroslullaby

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The rise from $800 to $900 could be very quick, so early investors stand to make a LOT of money if they still have their coins.
Even if we see a small dip the bottom seems pretty high these days.

angaper

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I do not believe in religions. And unfortunately, over the years I have learned that technical analysis is one of them, and perhaps one of the most superstitious.

electronicash

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Its not ideal to hold btc still when there are tons of tokens that will soon have better value than the rest. I think those investors who bought btc with fiat intends to buy tokens such as ICN.

HankTheTank

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Quote from: MNDan on December 21, 2016, 11:27:26 PM

Quote from: pooya87 on December 21, 2016, 11:05:00 PM

i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

U sound awesome!

That is pretty insane and nice, I think that you did a well job but you need the balls to do this, sometimes you have to take the risks and that is what you have done, you are a good example.

Ibian

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Quote from: piramida on December 22, 2016, 11:54:26 AM

Quote from: Ibian on December 22, 2016, 01:16:02 AM

Quote from: European Central Bank on December 21, 2016, 05:12:32 PM

Quote from: podyx on December 21, 2016, 04:44:06 PM

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

Yep. They tried building "their own" instead, thrown money at some black holes and figured out from experience that it does not work that way. So they secretly started stashing.

Their mistake, their obvious and inevitable mistake, was to centralize whatever they did. The core of what makes bitcoin bitcoin is that there is nobody to bribe, nobody to threaten, nobody who can tinker with the code. It just runs on its own, forever. Like a force of nature.

piramida

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Borsche

Quote from: Ibian on December 22, 2016, 01:16:02 AM

Quote from: European Central Bank on December 21, 2016, 05:12:32 PM

Quote from: podyx on December 21, 2016, 04:44:06 PM

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

Yep. They tried building "their own" instead, thrown money at some black holes and figured out from experience that it does not work that way. So they secretly started stashing.

unknown04

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Art is the triumph over chaos

Quote from: SvenBomvolen on December 22, 2016, 05:06:42 AM

Quote from: Zitudent on December 22, 2016, 04:55:03 AM

Quote from: brokedummy on December 22, 2016, 04:19:09 AM

I'm not going to be filthy rich because I started with very little capital, but despite several major fuck-ups I have more bitcoin than I ever bought and the price is higher than all prices I paid. I'm so grateful that there are so many stupid people out there who must have lost their fortunes to crypto traders over the past 3 years I've been here. I'm ready to chew up and spit out a new wave of clueless noobies, cheers.

If you save 1 bitcoin a year, you will be very rich.

I still dont have 1 BTC, I'm less then a year here, and I have 5 more months to get to that one year. In this point I have around 0.2 BTC, but now I'm earning more then on start so maybe there is chance for me to make 1 BTC per year.
If there is just a half of true in this topic and your wishes than I'm happy cause I'm here and making bitcoins, little by little, this kind of topics are making me feel more confident.

u should at least get 1 bitcoin in the beginning and hold.

SvenBomvolen

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Quote from: Zitudent on December 22, 2016, 04:55:03 AM

Quote from: brokedummy on December 22, 2016, 04:19:09 AM

I'm not going to be filthy rich because I started with very little capital, but despite several major fuck-ups I have more bitcoin than I ever bought and the price is higher than all prices I paid. I'm so grateful that there are so many stupid people out there who must have lost their fortunes to crypto traders over the past 3 years I've been here. I'm ready to chew up and spit out a new wave of clueless noobies, cheers.

If you save 1 bitcoin a year, you will be very rich.

I still dont have 1 BTC, I'm less then a year here, and I have 5 more months to get to that one year. In this point I have around 0.2 BTC, but now I'm earning more then on start so maybe there is chance for me to make 1 BTC per year.
If there is just a half of true in this topic and your wishes than I'm happy cause I'm here and making bitcoins, little by little, this kind of topics are making me feel more confident.

Zitudent

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Quote from: brokedummy on December 22, 2016, 04:19:09 AM

I'm not going to be filthy rich because I started with very little capital, but despite several major fuck-ups I have more bitcoin than I ever bought and the price is higher than all prices I paid. I'm so grateful that there are so many stupid people out there who must have lost their fortunes to crypto traders over the past 3 years I've been here. I'm ready to chew up and spit out a new wave of clueless noobies, cheers.

If you save 1 bitcoin a year, you will be very rich.

brokedummy

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I'm not going to be filthy rich because I started with very little capital, but despite several major fuck-ups I have more bitcoin than I ever bought and the price is higher than all prices I paid. I'm so grateful that there are so many stupid people out there who must have lost their fortunes to crypto traders over the past 3 years I've been here. I'm ready to chew up and spit out a new wave of clueless noobies, cheers.

MingLee

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Quote from: Arrakeen on December 21, 2016, 04:29:34 PM

No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY. Why, god? Why must you torture me like this?

I know this feeling dude. Constant "oh hey I can make some money" after slightly coming out of a trough and then immediately after the price starts going back down and there's a ton of money lost.

I'm REALLY considering buying now, but we're up so high and the disappointment is crushing, so I might keep what I have and just sell at the near-peak.

Junko

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Quote from: Huge Black Woman on December 21, 2016, 04:43:56 PM

Quote from: podyx on December 21, 2016, 03:52:08 PM

According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

Ah don't mean to pee on yo love parade, but how bout us gettin' ta $1000 first? Y'all be tryin ta fly ta the moon in a wheelchair.

To da moon!

Ibian

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Quote from: European Central Bank on December 21, 2016, 05:12:32 PM

Quote from: podyx on December 21, 2016, 04:44:06 PM

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

pooya87

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Quote from: o0o0 on December 22, 2016, 12:13:25 AM

Quote from: pooya87 on December 21, 2016, 11:05:00 PM

i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

if they were saying crash to 100USD and you were buying super duper cheap then you had to buy at > 101USD so 4 digits is 1000% which isnt possible since its 800USD now. dont you mean 3 digit %?

the keyword is the last word "trades" the desperate times in the last two years didn't only happen once. it happened so many times that i lost count. and also the same, rises based on pure hype didn't also happen only once rises which obviously had a follow up drop.
the key is selling before the dump and buying back when the $170 happens, when Mike Hearn spreads FUD and price goes down to 300is range, or when bfx is hacked and price goes down to 500ish range and .......

o0o0

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Quote from: pooya87 on December 21, 2016, 11:05:00 PM

i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

if they were saying crash to 100USD and you were buying super duper cheap then you had to buy at > 101USD so 4 digits is 1000% which isnt possible since its 800USD now. dont you mean 3 digit %?

MNDan

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Quote from: pooya87 on December 21, 2016, 11:05:00 PM

i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

U sound awesome!

pooya87

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i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

piramida

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Borsche

Quote from: Arrakeen on December 21, 2016, 04:29:34 PM

No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY. Why, god? Why must you torture me like this?

Protip: HODL. That is the only true way. HODL with a few year target. Get rewarded. Try catching spikes? Lose all. Simple.

sexydh80

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She just keeps moving up. Looks like 850 is coming up fast.

abstract1

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Quote from: Arrakeen on December 21, 2016, 04:29:34 PM

No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY. Why, god? Why must you torture me like this?

That sounds pretty predictive, you should keep us posted when you have these buy/sell impulses. lol

Maybe try and do the opposite of what your instincts or whatever is telling you, like George Castanza did in that one Seinfeld episode.

https://www.youtube.com/watch?v=cKUvKE3bQlY

I'm just messing with you though, that is rough and reminds me of why I've never tried my luck with day trading.

ErisDiscordia

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Imposition of ORder = Escalation of Chaos

Quote from: Huge Black Woman on December 21, 2016, 04:43:56 PM

Quote from: podyx on December 21, 2016, 03:52:08 PM

According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

Ah don't mean to pee on yo love parade, but how bout us gettin' ta $1000 first? Y'all be tryin ta fly ta the moon in a wheelchair.

I applaud this account, the posts are pure gold Cheesy

sexydh80

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Quote from: podyx on December 21, 2016, 03:52:08 PM

According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

Shit, why not 120K?

Cheesy

European Central Bank

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Quote from: podyx on December 21, 2016, 04:44:06 PM

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

leopard2

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Quote from: smoothie on December 21, 2016, 04:03:52 PM

Title is misleading.

Not everyone can win. Markets have winners and losers.

Losers in this case are the vehicles that currently contain the fiat currency which shall soon flow into BTC

Bank accounts, money market accounts, stocks or bonds, whatever

No problem there. Grin

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: rjclarke2000 on December 21, 2016, 03:49:56 PM

So dip time? Showing overbought on rsi right?

That is what I am saying. most of the indicators start to get into the overbought territory, so sooner rather than later we should see a correction.
Testing of $700 would be a healthy sign.

podyx

legendary

Activity: 2338

Merit: 1035

Quote from: European Central Bank on December 21, 2016, 04:36:31 PM

i can't see where a $12k price would come from in the near future myself. that would need some serious traction and an avalanche of new money.

it's wonderfully easy to draw lines on a graph. what those lines represent is tens or hundreds of thousands of people parting with their hard earned cash. it's not magicked up from nowhere.

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

Huge Black Woman

sr. member

Activity: 322

Merit: 251

Quote from: podyx on December 21, 2016, 03:52:08 PM

According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

Ah don't mean to pee on yo love parade, but how bout us gettin' ta $1000 first? Y'all be tryin ta fly ta the moon in a wheelchair.

European Central Bank

legendary

Activity: 1288

Merit: 1087

i can't see where a $12k price would come from in the near future myself. that would need some serious traction and an avalanche of new money.

it's wonderfully easy to draw lines on a graph. what those lines represent is tens or hundreds of thousands of people parting with their hard earned cash. it's not magicked up from nowhere.

Arrakeen

hero member

Activity: 532

Merit: 500

Offer escrow, receive negative trust

No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY. Why, god? Why must you torture me like this?

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Quote from: podyx on December 21, 2016, 03:52:08 PM

According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

Ok, I am a Bull but I always find it difficult seeing that much of a rise! I was only around from sept 2013 so I missed the early stuff.

Love to see the parabolic rise.

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Quote from: 2017Bubble on December 21, 2016, 04:05:30 PM

Yes we all here at bitcointalk are early investors.
Every greedy joes will buy at the top.
Those same guys that drive a white bmw 2010 1 series with black rims.

Probably the funniest thing I've read today!

2017Bubble

full member

Activity: 121

Merit: 100

Yes we all here at bitcointalk are early investors.
Every greedy joes will buy at the top.
Those same guys that drive a white bmw 2010 1 series with black rims.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Title is misleading.

Not everyone can win. Markets have winners and losers.

podyx

legendary

Activity: 2338

Merit: 1035

According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

rjclarke2000

legendary

Activity: 1358

Merit: 1016

So dip time? Showing overbought on rsi right?

2017Bubble

full member

Activity: 121

Merit: 100

https://www.tradingview.com/x/ID9XDM2M/

buy

Topic: We all gonna be filthy rich and here is why: (Read 3765 times)