Anyone still in bitcoin?

BabyGotBacklink said:
I can't believe you would post that picture. I was 14 and going through an awkward phase. People told me to stay away, that WF was full of monsters...

Gay_Pride_2006_-_89.jpg


Don't get twisty tied, I2E isn't protecting me. Me and my pretty lil mouth do just fine on our own. :D
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Fatbat said:
So let me get this straight, you lost $3200 on 39 coins when you sold them for $122 each?

You bought the coins at $204.05 each?

That wasn't very smart. The concept of buying low and selling high seems to be lost on you.
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OP is well known on Reverse AdSense Arbitrage scene.
 
cpauser said:
are folks still holding this? long 39 coins myself with a loss of $3200 @122
anyone else still in bitcoin or have most given up on it? i know lukep isn't selling but i don't have the same investing time frame as he does

i will concede is was a major mistake buying bitcoin and I was wrong to hype it as much as I did in April
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STOP USING THE WORDS BITCOIN AND INVESTING IN THE SAME POST YOU IGNORANT LITTLE CAMEL CUNT.
 
I take it you've evolved from this position, OP?

cpauser said:
I have come to the realization it's ether bitcoins or bust.

In my small circle, IM is nearly dead with networks shutting down, getting sued, or dissalowing highly profitable incentivized social media traffic.

Stock market is too unpredictable with major stocks like Apple and IBM no longer performing well.

Gold, silver, copper and other commodities are in shambles.

Job market sucks.

Real estate market out of reach for many people due to tight credit.

All this money will inflow back into bitcoin because there are no good alternatives to potentially get rich quick.

Bitcoin, unlike stocks, have intrinsic utility. They are readily affordable by the masses and have a history of appreciating.

When bitcoin crosses $200+ again with the next few weeks, media outlets such as techcrunch and CNBC will be forced to begrudgingly cover bitcoin again and then it's off to $300 +.
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Fatbat said:
So let me get this straight, you lost $3200 on 39 coins when you sold them for $122 each?

You bought the coins at $204.05 each?

That wasn't very smart. The concept of buying low and selling high seems to be lost on you.
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The part I like the most is when he constantly corrects mGrunin on trading strategy. :)
 
I still use them on Satoshi/BTC dice. That's about it. Everything sounds so sexy about bitcoins until you actually try to do anything with them. Then you just get disappointed and have more respect for processing/payment companies.
 
If it keeps crashing like this, I might be in again soon.

Let's see if it breaks through that 183 BTC buy order @ $100, or if that's enough to keep it above $100.
 
Kiopa_Matt said:
If it keeps crashing like this, I might be in again soon.

Let's see if it breaks through that 183 BTC buy order @ $100, or if that's enough to keep it above $100.
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Its not crashing. Its doing EXACTLY what bubble graphs suggested it would. It is almost certainly going to retest $50 in the near future. The only thing that would derail that outcome would be some real positive news - like the justice department comes out with a statement saying that they are okay with bitcoin's existence or the financial community says something similar (both unlikely) or some major 3rd party (like Paypal or Ebay) actually says "we are using it for sure", etc.

Meanwhile, if the more likely BAD news that a U.S. bank/several U.S. banks, or the Justice Department comes out and says that they are no longer allowing the funding of bitcoin exchanges by U.S. citizens, then bitcoin will be south of $20 in hours/days.

Having said all that, I think a purchase at $50 (if its expendable income) is not a horrible risk.
 
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