Author Topic: I purchased my first bitcoins today  (Read 2614 times)

0 Members and 1 Guest are viewing this topic.

Offline fanglekai

  • Arch Disciple
  • ***
  • Posts: 717
    • View Profile
Re: I purchased my first bitcoins today
« Reply #45 on: November 13, 2014, 12:32:25 am »
It'll go back down.

Offline ngalo1983

  • Disciple
  • ***
  • Posts: 324
    • View Profile
Re: I purchased my first bitcoins today
« Reply #46 on: November 13, 2014, 12:58:12 am »
Maybe so but for now the answer is no. Its been 3 hours since my last post and now its up 2 bucks lol $162.00
Never settle, until your dreams become reality. But never forget, your reality is someone else's dream.

Offline helladamnleet

  • Arch Disciple
  • ***
  • Posts: 508
    • View Profile
Re: I purchased my first bitcoins today
« Reply #47 on: November 13, 2014, 01:05:51 am »
Jesus Christ, I still wish I had bought in when it was under $10 a coin. I'd be a millionaire right now.

Offline ngalo1983

  • Disciple
  • ***
  • Posts: 324
    • View Profile
Re: I purchased my first bitcoins today
« Reply #48 on: November 13, 2014, 01:13:55 am »
Jesus Christ, I still wish I had bought in when it was under $10 a coin. I'd be a millionaire right now.

There was this one guy who purchased in the beginning. He then forgot all about It until 3-4 years later and discovered he now has $145,000 in bitcoins lol Lucky bastard.
Never settle, until your dreams become reality. But never forget, your reality is someone else's dream.

Offline RustyShackleford

  • Devotee
  • **
  • Posts: 213
    • View Profile
Re: I purchased my first bitcoins today
« Reply #49 on: November 15, 2014, 03:28:14 pm »
You still haven't made a profit.

Not really, if I sell it it would be a lot more. Folks on local bit coins sell for about $40-$50 bucks more. Im just shocked at how fast its going up.
Compared to historically its pretty damn stable. And you need to change your attitude towards it, its volatile as fuck and a few weeks ago you were acting like people conned you out of a whole $100. If you think its going to go up and you have money to blow buy more. Hindsight is 20/20. A lot of people profit by day trading the ups and downs, but most people can't day trade successfully.

Also just sayings metals are on the cheap now. And metals mostly derive value the same way. Yes even though metal has industrial uses most of it just sits in vaults and isn't used. The real difference is that bitcoin is arbitrary (it could be any coin) gold and silver are the only gold and silver and people aren't going to go adopt a new gold. There are also other industrial metals like platinum and palladium, but those are purely industrial and have never been regarded as currency.

Offline RustyShackleford

  • Devotee
  • **
  • Posts: 213
    • View Profile
Re: I purchased my first bitcoins today
« Reply #50 on: November 15, 2014, 03:34:36 pm »
Jesus Christ, I still wish I had bought in when it was under $10 a coin. I'd be a millionaire right now.

There was this one guy who purchased in the beginning. He then forgot all about It until 3-4 years later and discovered he now has $145,000 in bitcoins lol Lucky bastard.
One of my buddies apparently bought some when you could buy it online with a credit card. Then forgot about it and formatted his hard drive. Idk how much he had or might have had. I told him to try and recover, but it had been awhile and he considered it a lost cause. I really wish I'd taken an interest in it when I first heard of it. Anyways its not going anywhere I bet it goes back to $1000.