The price is only gonna go so low. I mean, there are still a lot of people who are interested in and use bitcoin. It's perfect for Craig's List-style trading. There's no way it's going under $2.
Well, let the real commerce begin. Can anybody make me a deal on some 26 x 1.5 bicycle inner tubes? I want about 10, if the price is right.
Topic: Who else sold out? - page 2. (Read 6735 times)
Technical chart trends point to down:
http://blog.bitcoinwatch.com/
$6 was nearly breached today from $7.5, I think that we may see a slide to $5 quite easily & with Fin CEN, KYC for MSB on 27th Sept being bearish
http://blog.bitcoinwatch.com/
$6 was nearly breached today from $7.5, I think that we may see a slide to $5 quite easily & with Fin CEN, KYC for MSB on 27th Sept being bearish
Actually, he's been consistently WRONG throughout the bubble deflation.
I remember right after the Gox scandal he was predicting that it was going to rise large very soon. Then after the first big crash he predicted a huge rebound. Then again during the second big crash.
Anyone who follows his "technical analysis" ascribing any credibility are just as psychologically damaged and transparent as the author...
Technical chart trends point to down:
http://blog.bitcoinwatch.com/
$6 was nearly breached today from $7.5, I think that we may see a slide to $5 quite easily & with Fin CEN, KYC for MSB on 27th Sept being bearish
http://blog.bitcoinwatch.com/
$6 was nearly breached today from $7.5, I think that we may see a slide to $5 quite easily & with Fin CEN, KYC for MSB on 27th Sept being bearish
I have been watching that site for month, and it's just pathetic.
His "technical analysis" is nothing but common-fucking-sense, and he keeps saying LONG TERM: UP, like some idiot with a sales pitch.
What a joke.
Technical chart trends point to down:
http://blog.bitcoinwatch.com/
$6 was nearly breached today from $7.5, I think that we may see a slide to $5 quite easily & with Fin CEN, KYC for MSB on 27th Sept being bearish
http://blog.bitcoinwatch.com/
$6 was nearly breached today from $7.5, I think that we may see a slide to $5 quite easily & with Fin CEN, KYC for MSB on 27th Sept being bearish
I'm selling out... don't know if it's manipulated or wut.. but been dropping steadly at .5 incroments, these last few days.. 10,... 9.5....9.....8.5...8...7.5....7...now 6.5... great...
The value of myholdings dropped quite a bit, since I've bought between $6 and $17, and one large purchase at $20, but I'm still buying. May buy another $3k worth in a week or two.
I will start reselling Bitcoin to friends and acquaintances when I have a simple off-line solution for printing key pairs as QR codes. BTW, what happened to bitbills?
They used MyBitcoin as their payment provider, and haven't found a new one yet.
I will start reselling Bitcoin to friends and acquaintances when I have a simple off-line solution for printing key pairs as QR codes. BTW, what happened to bitbills?
Lost faith: no
Sold: yes
Bought back: just now
Bitcoin is still Bitcoin, nothing has changed. It's great. If you lost faith now because the price is down then you had faith in the wrong things to begin with. The price is not the most relevant factor for Bitcoin and neither are any of the stuff that has happened with 3rd party services. Bruce Wagner ain't Bitcoin either.
Bitcoin is Bitcoin and it's still doing well. There are no real issues that are causing Bitcoin itself trouble at the moment so why lose faith?
Sold: yes
Bought back: just now
Bitcoin is still Bitcoin, nothing has changed. It's great. If you lost faith now because the price is down then you had faith in the wrong things to begin with. The price is not the most relevant factor for Bitcoin and neither are any of the stuff that has happened with 3rd party services. Bruce Wagner ain't Bitcoin either.
Bitcoin is Bitcoin and it's still doing well. There are no real issues that are causing Bitcoin itself trouble at the moment so why lose faith?
My trading history
Bought 3 Aug 2011 Britcoin
1 @ $10.33
1 @ $10.00
5 @ $9.84
Bought 6 Aug
50 @ $8.70
70 @ $8.22
8 @ $8.53
Bought 7 Aug
10 @ $6.58
13 @ $6.56
Bought 15 Aug Mt.Gox
145.19 @ $11.2
Bought 16 Aug
0.525 @ $11.1
Sold 27 Aug Mt.Gox
145 @ $8
Sold 27 Aug Britcoin
145 @ $8.19
Total Btc atm: 13 @ $6.50 = $84.50
Trading loss atm: $493 from $3270, about 15%
I wonder if this would be tax deductable, can't see why not
lost faith - nope, lost money - yep
Bought 3 Aug 2011 Britcoin
1 @ $10.33
1 @ $10.00
5 @ $9.84
Bought 6 Aug
50 @ $8.70
70 @ $8.22
8 @ $8.53
Bought 7 Aug
10 @ $6.58
13 @ $6.56
Bought 15 Aug Mt.Gox
145.19 @ $11.2
Bought 16 Aug
0.525 @ $11.1
Sold 27 Aug Mt.Gox
145 @ $8
Sold 27 Aug Britcoin
145 @ $8.19
Total Btc atm: 13 @ $6.50 = $84.50
Trading loss atm: $493 from $3270, about 15%
I wonder if this would be tax deductable, can't see why not
lost faith - nope, lost money - yep
My chief objection to your last statement is that much of what we've learned, we only had to re-learn it because we disregarded the learnings of the last few centuries of economics.
I agree in regards to economics, though it's been an interesting experiment to see how an economy behaves at a small scale. (So far: it's an awful lot like a penny stock, and there aren't any really big surprises if that's what you expected early on.)
There are other things we're learning, though. The technical proof-of-concept is great. Seeing how people react to confirmation delays is interesting. People would never put the work into more advanced clients if we didn't have a functional network to motivate them, and I'm eager to see how light clients really pan out. An ATM in this kind of world is an interesting challenge. There's a lot of stuff like that that that we're learning.
Lost faith.. no..
Sold.. whats that ?
Sold.. whats that ?
This is not a troll thread. I ask a simple question, if you start spewing crap about this being a troll thread then you are the troll. This is a legitimate question and I see no reason why it doesn't have a place on this forum.
How many of you guys have lost faith in Bitcoin and sold almost all of yours?
How many of you guys have lost faith in Bitcoin and sold almost all of yours?
This thread is useless. It should have been a poll.
I sold out my dollars to buy Bitcoins. I was sick of this...
Now plot that against income.FWIW, inflation is a good thing if you're in debt to someone.
It is great to have people like you, because you guys produce some cool stories.
One of the best example is https://bitcointalksearch.org/topic/pizza-for-bitcoins-137
One of the best example is https://bitcointalksearch.org/topic/pizza-for-bitcoins-137
Yeah, and while none of mine are as cool as that, there was a guy on Reddit commenting about that thread saying how stupid the guy was.
My personal answer was that the whole "coulda shoulda woulda" around that particular case is just dumb - without the first few people trading them for things or USD, the market wouldn't be where it is today. Someone has to be the guy to get rid of their stuff. I think the exact example I used was "if I would have just saved all my allowance until I was 18, I could buy a ferrarri!" - it's just dumb to think like that.
The guy got two pizzas and an awesome story out of what was at the time essentially worthless - that's cool as shit, regardless of how much those coins would be worth today.
Lost faith? No.
Sold? yes.
Actually, I want to buy some things with the Bitcoins I mine, but I would rather keep the USD so I can buy back in later.
Sold? yes.
Actually, I want to buy some things with the Bitcoins I mine, but I would rather keep the USD so I can buy back in later.
I've pretty much been spending what I mine/earn as soon as something comes up that I want and can afford lately. I'm much more interested in what it can get me now than how rich it could possibly make me sometime in the future.
It is great to have people like you, because you guys produce some cool stories.
One of the best example is https://bitcointalksearch.org/topic/pizza-for-bitcoins-137
I sold out my dollars to buy Bitcoins. I was sick of this...
My buy orders look like:
x at $8
2x at $4
4x at $2
8x at $1
That way I can take advantage of the price drop, no matter how low it goes.
x at $8
2x at $4
4x at $2
8x at $1
That way I can take advantage of the price drop, no matter how low it goes.
How much will you sell those for when exchanges trade @ 0.00xxx?
What do you mean? Obviously when I want to sell, I'll sell at whatever the exchange rate is. If your point is that Bitcoin might not work out, I agree, but after a lot of consideration it's a risk I'm willing to take.
My buy orders look like:
x at $8
2x at $4
4x at $2
8x at $1
That way I can take advantage of the price drop, no matter how low it goes.
x at $8
2x at $4
4x at $2
8x at $1
That way I can take advantage of the price drop, no matter how low it goes.
How much will you sell those for when exchanges trade @ 0.00xxx?
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