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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Re: Should I invest in bitcoins? [Re: Schmendrick] 1
#19192705 - 11/26/13 03:45 PM (10 years, 2 months ago) |
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Looking at bitcoin prices makes me feel sad for a missed opportunity that I didn't jump on when I had the chance..
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Hobozen


Registered: 11/03/11
Posts: 10,634
Loc:
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DieCommie

Registered: 12/11/03
Posts: 29,258
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Quote:
A Day InThe Life said: Looking at bitcoin prices makes me feel sad for a missed opportunity that I didn't jump on when I had the chance.. 
Dont ever play the market then. 
Seriously though, after already having money in the market for a few years I learned pretty well not to kick myself for not having a crystal ball. I sold hundreds of bitcoins for under $10 a piece. I "missed out". But if I had a crystal ball I would use it to win the lottery rather than speculate on bitcoins. There is no reason to lament opportunity lost due to an uncertain future because that is always the case for all of us.
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Schmendrick
Last of the Red Hot Swamis



Registered: 08/04/13
Posts: 682
Loc: HagsCrag, TLU
Last seen: 9 years, 4 months
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Re: Should I invest in bitcoins? [Re: DieCommie]
#19192756 - 11/26/13 03:57 PM (10 years, 2 months ago) |
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Quote:
DieCommie said:
Quote:
A Day InThe Life said: Looking at bitcoin prices makes me feel sad for a missed opportunity that I didn't jump on when I had the chance.. 
Dont ever play the market then. 
Seriously though, after already having money in the market for a few years I learned pretty well not to kick myself for not having a crystal ball. I sold hundreds of bitcoins for under $10 a piece. I "missed out". But if I had a crystal ball I would use it to win the lottery rather than speculate on bitcoins. There is no reason to lament opportunity lost due to an uncertain future because that is always the case for all of us.
Yep. Just keep your wits about you and your eyes open for future opportunities. Learn lessons from the past, but don't dwell on it... for there be dragons.
Edited by Schmendrick (11/26/13 03:58 PM)
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MisterSandman
Neo Nazi



Registered: 03/23/13
Posts: 2,936
Loc: Meth
Last seen: 8 years, 4 months
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Re: Should I invest in bitcoins? [Re: Schmendrick]
#19193072 - 11/26/13 05:07 PM (10 years, 2 months ago) |
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It feels soooooo good when you make money with invested bitcoins. Its like free drugs.....
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Synthe
Gatorade me, bitch!



Registered: 11/10/12
Posts: 7,961
Loc: Three bags of Funyuns
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Quote:
MisterSandman said: It feels soooooo good when you make money with invested bitcoins. Its like free drugs.....

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ModestMouse
IM WALKIN ON SUNSHINE


Registered: 05/06/13
Posts: 19,227
Loc: Upstate
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Re: Should I invest in bitcoins? [Re: Schmendrick]
#19193450 - 11/26/13 06:22 PM (10 years, 2 months ago) |
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Quote:
Schmendrick said: Set a number you are looking for. For me, it will be 4x my investment.
-------------------- Anyone got a lowpass filter in this biiiiash?
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Schmendrick
Last of the Red Hot Swamis



Registered: 08/04/13
Posts: 682
Loc: HagsCrag, TLU
Last seen: 9 years, 4 months
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Re: Should I invest in bitcoins? [Re: ModestMouse]
#19193537 - 11/26/13 06:38 PM (10 years, 2 months ago) |
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Quote:
ModestMouse said:
Quote:
Schmendrick said: Set a number you are looking for. For me, it will be 4x my investment.

Make faces all you want, that's what mine will be. It shouldn't be that high for most people, but I have money I can afford to lose, so I am willing to take a bit of a bigger risk.
Even so, I will keep an eye on the market and sell prematurely if it becomes clear that I should do so.
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SkeletalSpore
♥$♄ґ◎◎мεя⑂♥



Registered: 01/25/13
Posts: 602
Loc: Lake Titicaca, Canada
Last seen: 5 years, 7 months
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Re: Should I invest in bitcoins? [Re: ModestMouse]
#19193538 - 11/26/13 06:38 PM (10 years, 2 months ago) |
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holy shit $967! I was 2 minutes away from getting 10 bitcoins when they were $70-$80 each (right after SR went down), but then I decided that it's not worth it...
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luvdemboomers
loner with a boner

Registered: 01/11/13
Posts: 5,054
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yea I'm pretty sure everyone is kicking their ass for not buying them
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Hobozen


Registered: 11/03/11
Posts: 10,634
Loc:
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people might be kicking themselves in their asses in a few months for not buying now
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luvdemboomers
loner with a boner

Registered: 01/11/13
Posts: 5,054
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Re: Should I invest in bitcoins? [Re: Hobozen]
#19193699 - 11/26/13 07:10 PM (10 years, 2 months ago) |
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Quote:
blankk said: people might be kicking themselves in their asses in a few months for not buying now
I was thinking that too... just seems too risky now
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pwnasaurus
Stranger



Registered: 07/16/08
Posts: 12,317
Loc: Canada
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Quote:
SkeletalSpore said: holy shit $967! I was 2 minutes away from getting 10 bitcoins when they were $70-$80 each (right after SR went down), but then I decided that it's not worth it...
I did buy $1000 of bitcoins right after SR went down for $110 but I sold at $200 
Still made a handsome profit but it could have been 5 times more.
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thelanzii

Registered: 11/13/12
Posts: 5,434
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Re: Should I invest in bitcoins? [Re: pwnasaurus] 3
#19194025 - 11/26/13 08:24 PM (10 years, 2 months ago) |
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best time to plant a tree was twenty years ago, second best time is now
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Biodiversity
(323)654-6192

Registered: 05/15/11
Posts: 1,000
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Re: Should I invest in bitcoins? [Re: thelanzii]
#19201559 - 11/28/13 04:50 PM (10 years, 2 months ago) |
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It's over a 1000 now.
I wonder if it will ever fall back down. I am starting to think it won't.
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Synthe
Gatorade me, bitch!


Registered: 11/10/12
Posts: 7,961
Loc: Three bags of Funyuns
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Re: Should I invest in bitcoins? [Re: Biodiversity]
#19201564 - 11/28/13 04:52 PM (10 years, 2 months ago) |
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Quote:
Biodiversity said: It's over a 1000 now.
I wonder if it will ever fall back down. I am starting to think it won't.
It has to fall down eventually... and when it does, we buy in.
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pwnasaurus
Stranger



Registered: 07/16/08
Posts: 12,317
Loc: Canada
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Re: Should I invest in bitcoins? [Re: Synthe]
#19201833 - 11/28/13 06:05 PM (10 years, 2 months ago) |
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Quote:
Synthe said:
Quote:
Biodiversity said: It's over a 1000 now.
I wonder if it will ever fall back down. I am starting to think it won't.
It has to fall down eventually... and when it does, we buy in.
Why does it "have" to?
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Synthe
Gatorade me, bitch!


Registered: 11/10/12
Posts: 7,961
Loc: Three bags of Funyuns
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Re: Should I invest in bitcoins? [Re: pwnasaurus]
#19201875 - 11/28/13 06:13 PM (10 years, 2 months ago) |
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Quote:
pwnasaurus said:
Quote:
Synthe said:
Quote:
Biodiversity said: It's over a 1000 now.
I wonder if it will ever fall back down. I am starting to think it won't.
It has to fall down eventually... and when it does, we buy in.
Why does it "have" to?
Have you ever heard of a currency that only ever underwent inflation and not deflation?
Eventually, it will dip a little bit, presenting a decent opportunity to save a bit more.
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Biodiversity
(323)654-6192

Registered: 05/15/11
Posts: 1,000
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Re: Should I invest in bitcoins? [Re: Synthe]
#19201925 - 11/28/13 06:22 PM (10 years, 2 months ago) |
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I was thinking with the gaining popularity that it wouldn't. Perhaps will see bitcoins go up to 10,000 a piece, I think it's possible.
I want to invest a 1000 soon. But i dunno, I've been holding back. If you or I Had stuck with our "guns" and saved and continued to buy we would be really happy right now.
Early on, bitcoins seemed to be centered mainly in the drug trade, though I may be wrong. Now its growing and is becoming more legitament world wide.
Though there is a possibility it could fall a bit, but I don't know. I knew it was something big before, I don't know what it will be like in the future. Even if my gain isn't big, I don't want to miss out.
I feel really dumb now, I like many of you, was someone who had something in their grasps, and let it slip away.
I love all you.
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KingKnowledge
Around



Registered: 03/30/13
Posts: 2,876
Loc: East Coast
Last seen: 4 years, 7 months
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Re: Should I invest in bitcoins? [Re: Synthe] 1
#19201928 - 11/28/13 06:22 PM (10 years, 2 months ago) |
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Quote:
Synthe said:
Quote:
pwnasaurus said:
Quote:
Synthe said:
Quote:
Biodiversity said: It's over a 1000 now.
I wonder if it will ever fall back down. I am starting to think it won't.
It has to fall down eventually... and when it does, we buy in.
Why does it "have" to?
Have you ever heard of a currency that only ever underwent inflation and not deflation?
Eventually, it will dip a little bit, presenting a decent opportunity to save a bit more.
It actually kinda does "have" to. The problem with bitcoins is that there's no REAL need for them. Sure, they are useful as online currency and to buy illegal things, but its not like they have any use that any commodity does. Toilet paper is for wiping your ass. Q-tips are for cleaning your ears. Bitcoins aren't FOR anything specifically.
This is why lots of economists are saying bitcoin has to drop eventually, and why its so volatile.
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