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Topic: xx (Read 6362 times)

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
xx
February 10, 2014, 08:13:19 AM
#87
iF you invested in doge coin just few days ago like me now you would have 30% more now..block halfving is just in few days so price jump was so obvius ..i bought at 145 satoshi just few days ago and now is 200 and i bet it will rise more

Problem is:
You didn't gain 30%. Doge was stable (measured in fiat) and btc dropped.
It's the same with people which hope btc will be 100 million per coin. Problem is: 100 million usd will be worth nothing at that time (hyperinflation).

You need the compare the value of a cryptocoin with real world goods not with other coins.

And unfortunately you can't to for the alts coins as their ties with the real world and commerce are so thin and consist mainly out of gambling and t-shirt sellers.
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
February 10, 2014, 08:08:49 AM
#86
iF you invested in doge coin just few days ago like me now you would have 30% more now..block halfving is just in few days so price jump was so obvius ..i bought at 145 satoshi just few days ago and now is 200 and i bet it will rise more

Problem is:
You didn't gain 30%. Doge was stable (measured in fiat) and btc dropped.
It's the same with people which hope btc will be 100 million per coin. Problem is: 100 million usd will be worth nothing at that time (hyperinflation).

You need the compare the value of a cryptocoin with real world goods not with other coins.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 10, 2014, 08:02:09 AM
#85
iF you invested in doge coin just few days ago like me now you would have 30% more now..block halfving is just in few days so price jump was so obvius ..i bought at 145 satoshi just few days ago and now is 200 and i bet it will rise more

My chart is saying 190 , so  it's going after the btc prices in the pond.
sr. member
Activity: 406
Merit: 250
February 10, 2014, 07:56:10 AM
#84
LOL, the price on BTC-e 102 usd 

Check,
View Screen Capture
sr. member
Activity: 308
Merit: 250
February 10, 2014, 03:31:43 AM
#83
Already invested OP ?
legendary
Activity: 2268
Merit: 1278
February 09, 2014, 11:37:49 PM
#82
I think 6BTC is enough for anybody btw. no need to spend all your money.

lol why six? why not five or ten? i'm in this for the cold hard cash. if my investments can't net me at least a million within the next couple years, then it's a waste of time.

Tesla 3,6,9 sequence ... that harmonics can create an earthquake and destroy a whole country Wink much more powerful than Fibonacci sequence ...  Grin

Stuff They Don't Want You To Know - Nikola Tesla
http://youtu.be/Vp0CYZ2s_cQ
And right next to it - Stuff They Don't Want You To Know - Loch Ness Monster.

I'm sure he was a great mind, but stories like an earthquake machine or wireless electricity are just ridiculous. It's doing him a disservice.

erm... about wireless electrical transmission:
http://en.wikipedia.org/wiki/Wireless_power

the actual patent for Tesla's transmission device:
http://www.google.com/patents/US1119732
Hey, that's great. So what's this wire doing in my laptop?
sr. member
Activity: 364
Merit: 250
February 09, 2014, 11:34:14 PM
#81
I think 6BTC is enough for anybody btw. no need to spend all your money.

lol why six? why not five or ten? i'm in this for the cold hard cash. if my investments can't net me at least a million within the next couple years, then it's a waste of time.

Tesla 3,6,9 sequence ... that harmonics can create an earthquake and destroy a whole country Wink much more powerful than Fibonacci sequence ...  Grin

Stuff They Don't Want You To Know - Nikola Tesla
http://youtu.be/Vp0CYZ2s_cQ
And right next to it - Stuff They Don't Want You To Know - Loch Ness Monster.

I'm sure he was a great mind, but stories like an earthquake machine or wireless electricity are just ridiculous. It's doing him a disservice.

erm... about wireless electrical transmission:
http://en.wikipedia.org/wiki/Wireless_power

the actual patent for Tesla's transmission device:
http://www.google.com/patents/US1119732
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
February 07, 2014, 02:08:28 PM
#80
Really?

I will look into that.....although if it is less user friendly than Bitfinex, then I may have problems. My first attempt at shorting on bitfinex resulted in $350 dollar losses as I thought I was setting stop losses and cash-out limit orders, only to find that I was triggering market buy-ins in a retreating market.....I panic closed everything immediately at took the hit.

If there is short selling on BTC-E that may explain the more erratic chart behaviour also, as the bots farm Honest John Muggins' margin calls.

Bitcoin exchanges are full of fkn crooks. Pity about that.

Yes, but you can only do it on a third-party application called meta-trader, not through a web interface.
BTC-E despite its 'anonymous' nature is quite a smooth running exchange, although use 2FA to be on the safe side from hackers.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 07, 2014, 02:04:17 PM
#79
Op should use his $12,300 to short bitcoins on leverage.

Historically, people shorting bitcoin on leverage have failed since the overall trend is up, but you might get lucky.

Definitely don't buy now. Bitcoin is crashing! We'll see $400 this week, mark my words.

China, Russia, Indonesia have banned bitcoins, this is not going to end well.

would you like to make a small BTC bet that BTC will not hit $400 within the next 7 days?
hero member
Activity: 840
Merit: 1000
February 07, 2014, 02:00:48 PM
#78
You can also go short on BTC-E through meta-trader. Although it's not as user-friendly as Bitfinex.

Really?

I will look into that.....although if it is less user friendly than Bitfinex, then I may have problems. My first attempt at shorting on bitfinex resulted in $350 dollar losses as I thought I was setting stop losses and cash-out limit orders, only to find that I was triggering market buy-ins in a retreating market.....I panic closed everything immediately at took the hit.

If there is short selling on BTC-E that may explain the more erratic chart behaviour also, as the bots farm Honest John Muggins' margin calls.

Bitcoin exchanges are full of fkn crooks. Pity about that.
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
February 07, 2014, 01:56:31 PM
#77
For him to be able to short, he would have to go to Bitfinex.

After MtGox, Bitfinex is the second last Bitcoin exchange that I would be comfortable having my funds on. From the Bitfinex hack of just a couple of days ago, someone got totally fkn robbed blind. If it was Bitfinex users who are taking the hit, then that is bad news. If Bitfinex itself takes the full impact of the hit, then they themselves could be finding themselves in an insolvency situation or at the very least, having liquidity problems.

Not somewhere where I would want any of my USD or BTC.

You can also go short on BTC-E through meta-trader. Although it's not as user-friendly as Bitfinex.
hero member
Activity: 840
Merit: 1000
February 07, 2014, 01:49:48 PM
#76
Op should use his $12,300 to short bitcoins on leverage.

For him to be able to short, he would have to go to Bitfinex.

After MtGox, Bitfinex is the second last Bitcoin exchange that I would be comfortable having my funds on. From the Bitfinex hack of just a couple of days ago, someone got totally fkn robbed blind. If it was Bitfinex users who are taking the hit, then that is bad news. If Bitfinex itself takes the full impact of the hit, then they themselves could be finding themselves in an insolvency situation or at the very least, having liquidity problems.

Not somewhere where I would want any of my USD or BTC.
sr. member
Activity: 448
Merit: 250
February 07, 2014, 01:23:05 PM
#75
Op should use his $12,300 to short bitcoins on leverage.

Historically, people shorting bitcoin on leverage have failed since the overall trend is up, but you might get lucky.

Definitely don't buy now. Bitcoin is crashing! We'll see $400 this week, mark my words.

China, Russia, Indonesia have banned bitcoins, this is not going to end well.
hero member
Activity: 840
Merit: 1000
February 07, 2014, 12:13:57 PM
#74
If your an gambler idiot, buy now.
Else just wait it out for a few days.

Fixed that for you.

The bounce has already largely played out. Bitcoin at $748, previous strong support level will have now turned into strong resistance level at $765.

Who in their right mind would buy now?

Edit: But the OP is destined to get slaughtered. He came in here screaming for advice at $820. He got told from a big bunch of Bitcoin Nutters to buy now while them coins are nice and cheap. Since the coins have been $100 and even $200 cheaper, the OPis running back to the same old Bitcoin Nutters screaming for yet more advice.
full member
Activity: 224
Merit: 100
February 07, 2014, 11:45:11 AM
#73
If your a gambler, buy now.
Else just wait it out for a few days.
legendary
Activity: 1918
Merit: 1018
February 07, 2014, 10:41:17 AM
#72
I think 6BTC is enough for anybody btw. no need to spend all your money.

lol why six? why not five or ten? i'm in this for the cold hard cash. if my investments can't net me at least a million within the next couple years, then it's a waste of time.

Why a million and not 800,000? or 700,000?

I am not looking to be rich in fiat money, it is more interested to have a lot of purchasing power..
hero member
Activity: 518
Merit: 500
February 07, 2014, 07:55:56 AM
#71
i think soon might be time to invest
hero member
Activity: 714
Merit: 510
February 07, 2014, 06:54:50 AM
#70
Hello.  I wanted a good investment and literally just heard about btc when it was $1,100
Is there anyone that can tell me what they think btc will climb to by september-december 2014 (this year)

do you guys think it will go to 2k by march or april like I have read before
or do you think it might go to 5k or 10k by december (many months from now)

i am looking to hold for a few months, please give me advice

and please give me better option than coinbase (had a bad experience with them because right after I bought a few coins they locked me out of my account for 3 days)
local bitcoins looks promising but most sellers charge too much (bitstamp i dont like because ripple bs)

is there a good exchange
i hear btc-e
do you all agree and someone fill me in on btc-e plz
is it bank transfers like coinbase and how fast do you get btc and can you sell instant or transfer to coinbase and sell to them


If you can hold for as long as you can. A few years is more profitable than a few months. More companies than ever accept Bitcoin so just spend it.
hero member
Activity: 854
Merit: 510
February 07, 2014, 06:39:09 AM
#69
Never invest more than you can afford to lose and are ready to lose 100% of. That means certainly don't invest "everything you have", at ANY price.

That is standard advice, but it isn't right for everyone.

In 1988 I had $12k and considered investing it all in Microsoft, but I didn't.
In 1996 I had $22k and considered investing it all in Apple, but I didn't.

The standard advice keeps you safe but it won't make you rich.

For every example where a lucky investor made a pile of money by betting everything on one or a handful of stocks, there are many more disaster stories of investors losing it all when the shares went bust.

Betting your entire bankroll on one investment will make you look like a genius if you get lucky, but it has a greater probability of making you look like an utter fool.

Well I used to think that way and I lost and lost and lost.  Safe just keeps you working.  $12k isn't that much money and if he isn't going to starve his kids why not take a flyer?  $12k is pretty easy hit to recover from.    It is rare when investing so little can return so much.    Now I know the truth, it is better to look like an utter fool than to be one.  

I never meant someone that has scored really big that got there the safe way.   On the other hand you have to understand the risk and be willing to lose it all.  
legendary
Activity: 1022
Merit: 1001
February 07, 2014, 06:05:36 AM
#68
Hello.  I wanted a good investment and literally just heard about btc when it was $1,100
Is there anyone that can tell me what they think btc will climb to by september-december 2014 (this year)

do you guys think it will go to 2k by march or april like I have read before
or do you think it might go to 5k or 10k by december (many months from now)

i am looking to hold for a few months, please give me advice

and please give me better option than coinbase (had a bad experience with them because right after I bought a few coins they locked me out of my account for 3 days)
local bitcoins looks promising but most sellers charge too much (bitstamp i dont like because ripple bs)

is there a good exchange
i hear btc-e
do you all agree and someone fill me in on btc-e plz
is it bank transfers like coinbase and how fast do you get btc and can you sell instant or transfer to coinbase and sell to them


I'll see you some. PM me.
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