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What do people think about Bitcoin?

Discussion in 'BBS Hangout' started by Spooner, Jan 25, 2014.

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What is the fate of Bitcoin?

  1. Currency of the future

    35.0%
  2. Passing Fad

    65.0%
  1. Buck Turgidson

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    The fact that there's a book advertised in the ads below, called "Mastering Bitcoin For Dummies (also, for "Starters)", leads me to believe certain things....

    It's the same old adage that you take to a casino: "don't bring more that you're willing to lose".
     
  2. SirIvyLeague

    SirIvyLeague Member

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    It's age old wisdom in any facet of investing.

    All my Vanguard S&P ETFs can **** the bed tommorow, too.

    SIL
     
  3. Buck Turgidson

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    I fail to see what your point is, that wasn't obvious before.
     
  4. SirIvyLeague

    SirIvyLeague Member

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    My point is we already stated what you stated.

    Go back some pages, we've said that already.

    SIL
     
  5. Buck Turgidson

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    Meh, when I need to.
     
  6. SirIvyLeague

    SirIvyLeague Member

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    Bought $800 more at 15,802

    SIL
     
  7. oelman44

    oelman44 Member

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    Finally got a decent dip buy... clocked in at 15.3k
     
  8. Commodore

    Commodore Contributing Member

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  9. Space Ghost

    Space Ghost Contributing Member

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    This thread was nice before all the bickering and fighting and ego's stepped in.
     
  10. moestavern19

    moestavern19 Member

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    I was thinking about taking a bath at 15.6 but then GDAX decided to be dumb.
     
  11. moestavern19

    moestavern19 Member

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    Yeah can we put the dicks away, eh? Let's just put the dicks away and not be petulant ****ing children who are worried about how big our ******* dicks appear to be on the ****ing internet. Really neanderthal **** that ruins a very productive crowd-sourced thread like this which could continue to be a major resource and asset to our collective ****ing needs. Don't pollute the stream. Take that **** outside and let's keep the focus on this make money ****.
     
  12. Space Ghost

    Space Ghost Contributing Member

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    Take a look at the Gemini exchange. They dont have the same problems as coinbase/GDAX with unavailability during volatile times. Its not intuitive as GDAX, but you can at least access your account to buy/sell.
     
  13. Buck Turgidson

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    How diversified are you? (In investments, not profanity, because frankly your profanity is creative yet pretty pedestrian)
     
    DudeWah likes this.
  14. moestavern19

    moestavern19 Member

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    I'm 80% pulled out right now. Have been all-in BTC since yesterday. I was looking to buy back in at least 20 or so at 15.8 since I sold at 17.

    Thanks for saying my profanity is creative at least. I never really do rein it in much. It never does me wrong. Cursing is cathartic.
     
    DudeWah likes this.
  15. Buck Turgidson

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    It screams to me "bubble", the '00 tech and the '07 real estate treated me well, but me or nobody else really knows what to predict for this. Like I said earlier: don't invest more that you want to lose.
     
  16. moestavern19

    moestavern19 Member

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    I definitely agree that it appears that way. I also know next to nothing about investing. My opinion is primitive and useless here. I'm a lowly n00b.

    Nevertheless sitting at 2000% ROI right now if I never make another trade again based off a minor initial investment back in March.

    The only thing I'm currently doing is kicking myself for not pumping in more because I was content to hold until BTC started going nuclear.
     
    Yung-T and DudeWah like this.
  17. Buck Turgidson

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    Have you ever heard of JDS Uniphase? Enron? I kept telling my old housemate to get out, get out, get out, he didn't. He lost his ass, paper ass that is. I did the other, and bought blue chips, funds, and hold-ems.

    Know when to hold 'em. Know when to fold 'em.
     
  18. astros123

    astros123 Member

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    will be under 14k by 2pm today and under 10k by end of monday
     
  19. mrm32

    mrm32 Member

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    Do you just see it going down on a steady decline the rest of the weekend?
     
  20. Space Ghost

    Space Ghost Contributing Member

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    Unlike previous bubbles, this one is fully global. Right now the market cap is sitting at 500B. There is plenty of room for this bubble to grow. I am not trying to convince people to buy or sell, only to look at the perspective.

    While it seems everyone has heard of Bitcoin, most people still have no idea what it is.
     
    Yung-T likes this.

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