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Topic: WE FELL TO $10.65!!!! (Read 12879 times)

legendary
Activity: 4592
Merit: 1276
October 09, 2012, 04:02:37 PM
It would suck big-time to have known of Bitcoin but have failed to get a foot in the door anyway.  If Bitcoin takes off, that is.


That's why buying at these prices feels like a toe in the door.  Grin
amirite?

I've stated this theorem before but...

I feel that the general solution that Bitcoin provides is of high enough universal value so that each BTC could command a rarely dreamed of value.  Thus, a few bucks worth of BTC could be plenty to capitalize (a 'foot in the door' if you will.)  BUT there are a lot of things that could stand in the way of Bitcoin 'taking off'.

I've always considered my speculation in Bitcoin to be one of likely total loss, but with an outside possiblity of incredible gain.  Probably anyone interested enough to be on the forum at all would do well to get a bit of Bitcoin before losing interest and wandering off just in case.  Just don't lose the secret key...

I personally have a non-trivial amount of USD converted to BTC, but this fairly strong position has as much to do with political factors as it does speculation.  It'll be mostly an 'accident of fate', if Bitcoin 'goes a little' and I do OK by virtue of my overly strong position.

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
October 09, 2012, 03:31:50 PM
It would suck big-time to have known of Bitcoin but have failed to get a foot in the door anyway.  If Bitcoin takes off, that is.



That's why buying at these prices feels like a toe in the door.  Grin
amirite?
legendary
Activity: 4592
Merit: 1276
October 09, 2012, 03:15:18 PM
This rally makes me sad...
I wanted 6 dollar coins.
 Grin


I'm still holding out for a chance to get my next purchase in in the mid $1.xx's.  Although entirely possible, it does not seem imminent enough to me at this point to risk any funds sitting at an exchange.

It is also quite possible that we get on a ramp up that never really turns around and anyone waiting for a bargain will be left out.  It would suck big-time to have known of Bitcoin but have failed to get a foot in the door anyway.  If Bitcoin takes off, that is.

legendary
Activity: 2126
Merit: 1001
October 09, 2012, 02:58:41 PM
I have learned to listen to my gut and then do the exact opposite of what it said.

Oh f***, if I had used that strategy from the beginning, I would be rich now! lol
Somehow I'm not good in cheating myself. And missed out on this current rollercoaster-round..
No matter what you do, it turns out the opposite. With "you" I mean "I", thogh.. heh

Ente
legendary
Activity: 1795
Merit: 1198
This is not OK.
October 09, 2012, 02:07:52 PM
And I had my buy order at $10.60! Gah!
sr. member
Activity: 546
Merit: 252
Proof-of-Stake Blockchain Network
October 09, 2012, 12:46:41 PM
I think it was Warren Buffet who said that an intelligent investor is a realist who buys underpriced assets from the pessimists and sells them to the optimists for a higher price.

Yes, GLBSE crashed, so what? Some people will possibly lose money (again!) and some might find it slightly harder to earn funding for their bitcoin related businesses, but other than that, nothing important happened. GLBSE isn't the NYSE or NASDAQ. It is not the main ground for bitcoin investors and enterprises. They mainly meet on forums, IRC and the like.

I sold my bitcoins before the BFL scandal and bought them again today, because there is no fundamental reason why bitcoin's value (value =/= price !!!) should diminish. The market isn't going to shrink, because no bitcoin business is going to lose its funding due to GLBSE crash (except for GLBSE itself).
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
October 07, 2012, 08:55:00 AM
Just a minor fluke... We will see stuff come January. Bitcoin is going to be worth more once reward halves, and mining (ASIC) becomes easier.

Gonna love pump'n'dump
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
October 07, 2012, 03:06:40 AM
Just a minor fluke... We will see stuff come January. Bitcoin is going to be worth more once reward halves, and mining (ASIC) becomes easier.
full member
Activity: 238
Merit: 100
October 07, 2012, 12:28:09 AM
full member
Activity: 238
Merit: 100
October 05, 2012, 05:29:50 PM
Looks like we will hit the $13 barrier at 8-9pm EST

And then drop back down to $12.50 again? lol
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
October 05, 2012, 05:18:18 PM
Looks like we will hit the $13 barrier at 8-9pm EST
full member
Activity: 238
Merit: 100
October 05, 2012, 03:54:10 PM
I have learned to listen to my gut and then do the exact opposite of what it said.

So what's you gut telling you now?
hero member
Activity: 1540
Merit: 564
Eloncoin.org - Mars, here we come!
October 05, 2012, 02:02:41 PM
I have learned to listen to my gut and then do the exact opposite of what it said.
full member
Activity: 238
Merit: 100
October 05, 2012, 05:39:14 AM
Stable price= Good for Bitcoin, UP UP DOWN DOWN= Good for me.

I'm fine with either.  Grin

Hehehe, true. Grin

Since it looks like more mania than stability anyway, why not have another round of the roller coaster? Cool

This time the roller coaster is making me sick though. I can't figure out if I want to be in or not lol
legendary
Activity: 1036
Merit: 1002
October 05, 2012, 05:28:05 AM
Stable price= Good for Bitcoin, UP UP DOWN DOWN= Good for me.

I'm fine with either.  Grin

Hehehe, true. Grin

Since it looks like more mania than stability anyway, why not have another round of the roller coaster? Cool
full member
Activity: 238
Merit: 100
October 04, 2012, 10:03:46 PM
$13 is being a B**** to go through!
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
October 04, 2012, 01:27:09 PM
All we need now is a left left right right A B start.


is that the Mortal Kombat death kill?  lmao

Konami code.
full member
Activity: 184
Merit: 100
October 04, 2012, 09:29:12 AM
All we need now is a left left right right A B start.


is that the Mortal Kombat death kill?  lmao
legendary
Activity: 1008
Merit: 1000
October 04, 2012, 08:02:56 AM
The rally is dying...

No way, didnt you see the RALLY!! !! thread?

TO THE MOON
full member
Activity: 238
Merit: 100
October 04, 2012, 07:56:02 AM
The rally is dying...
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