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-   -   BitCoin People Help - NOW!!! (https://gfy.com/showthread.php?t=1123931)

tokmansta 10-23-2013 10:43 AM
Quote:
Originally Posted by nexcom28 (Post 19845190)
Bet it will hit 500 by month end.
Why would it? People will cash out before it hits that.

EddyTheDog 10-23-2013 10:51 AM
Quote:
Originally Posted by woj (Post 19845187)
so did you ended up buying?

Would have made about 35% return by now in less than a week... ~160 when the thread was started to -> ~215 at this moment...
lol - No, its the last time I come here for financial advice:upsidedow!..

I would be about $1500 up by now - Oh well, I'm not going to stress about it....

Joshua G 10-23-2013 11:00 AM
Quote:
Originally Posted by EddyTheDog (Post 19840173)
So, I have some cash - Or at least I have some access to an interest free cash loan - BC is at a high and I am not sure what to do - Help!..

My instinct is that someone will sell big over the weekend to get the price down and that's when I should move in - Am I right?....

:helpme:helpme:helpme
the wisdom of gordon gekko: "bet on sure things"

:2 cents:

nexcom28 10-23-2013 11:09 AM
Quote:
Originally Posted by tokmansta (Post 19845283)
Why would it? People will cash out before it hits that.
The bubble has barely started :2 cents:

Supz 10-23-2013 12:03 PM
Quote:
Originally Posted by SilentKnight (Post 19840188)
Blue Horseshoe loves Anacott Steel.
:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh

Paul 10-23-2013 09:06 PM
Quote:
Originally Posted by JimmyTube (Post 19841098)
Buying any cryptocoin right now is a BIG risk. Though, bitcoin sure has been on a tear lately. There are many altcoins that you could invest in... but those are even riskier. Everything in the cryptocoin world is risky right now.

Honestly, if I was going to spend some money, I would think about picking up some Litecoin. The prices are ultra-low right now. 9/10 the price of Litecoin will go back up. Once Litecoin hits Mt. Gox there will be a big boost. Not sure about the future of Litcoin in the long run.
Speculation Litecoin was going to hit Mt Gox started back in March/April and the same dance happens every month, it'll be June, July, August, September, October, it's probably not going to happen anytime soon.

The only reason Litecoin is even sitting at around $2 right now is because Bitcoin has rocketed in value and once that bubble bursts again Litecoin will probably go down even further IMO. At this point IF any other alt coin does end up trading on Mt Gox, who's to say it'll even be Litecoin? That speculation is the only thing holding the price up :2 cents:

Eddy investing in Bitcoin is a massive gamble and it's definitely not a good idea to gamble it on borrowed money.

Also it's a major hassle getting money in and out of Bitcoin exchanges and that's without mentioning the security risks involved.

Royal Mail shares 10 days ago, guaranteed 50% return on your money :pimp

Paul 10-23-2013 09:24 PM
Quote:
Originally Posted by matty (Post 19841217)
Here's my thesis as to why the coin has increased in value so quickly as of late: On 10/16 the difficulty level (chances of finding a block) almost doubled due to the increase in asic miners. This means if I were making $70/day mining, that 46% difficulty level increase has me making $40/day now. This means a LOT of the smaller fish with low hash rates are under water. Look at ebay, there's TONS for sale. Butterfly Labs for example. These people waited nearly a year to get the device and now they're selling it at a premium.
Here's my :2 cents:

The demand is coming from China, their Bitcoin exchange BTC China is the fastest growing exchange i.e. 21.97% market share and growing

Baidu, Chinas biggest search engine has started accepting Bitcoin as payment for their Jiasule service & Merchants on China?s version of eBay are accepting Bitcoin too. This is massive for the legitimacy of Bitcoin in China.

In Western terms it's like Google & eBay allowing Bitcoin as a payment method

It's still another speculative bubble IMO but who knows, maybe this one will go much higher and last longer than the last one.

If you look at the 6 month Bitcoin chart the graph is going up almost vertical, last time it did that earlier in the year it came back down just as fast!

http://i.imgur.com/3HnFh1a.png
http://i.imgur.com/5C7DhnI.png

ry0t 10-23-2013 09:39 PM
The current forecast is still in its middle term. The forecast was btc to hit $200. Using a graph the cycle is nearing the end of the cup shape and could go two ways. Hit $200 then move up or drop to $85 to $90.

We are not past the end of the cup phase yet. You could buy now and sell in two weeks my guess would be a $20 per btc gain. You missed a $38 per gain phase.

Summary: The we are not out of the cup phase where bitcoin with continue to go up but the end is near, estimated at 3 and half weeks. Now is the time to bank. Once the cup phase ends the bitcoin will plateau

420 10-23-2013 10:20 PM
buy soon

JFK 10-23-2013 10:44 PM
fitty 2 Bit speculators:2 cents:

420 10-23-2013 10:47 PM
too late

went as low as $172 on bitstamp for a few minutes now over $192

xxxjay 10-23-2013 11:02 PM
Quote:
Originally Posted by EddyTheDog (Post 19840194)
Its an interest free cash loan - 2 years min to repay - Why is that such a bad idea?..

Also, its 75% imbeciles at best.....
I'd say the ratios are better than that. The smart people just lurk and rarely post.

:2 cents:

420 11-12-2014 02:04 PM
Quote:
Originally Posted by EddyTheDog (Post 19840173)
So, I have some cash - Or at least I have some access to an interest free cash loan - BC is at a high and I am not sure what to do - Help!..

My instinct is that someone will sell big over the weekend to get the price down and that's when I should move in - Am I right?....

:helpme:helpme:helpme
Did you ever buy in?

clickity click 11-12-2014 02:53 PM
Quote:
Originally Posted by 420 (Post 20287320)
Did you ever buy in?
Did he fuck.

420 11-12-2014 03:02 PM
Quote:
Originally Posted by clickity click (Post 20287399)
Did he fuck.
Fuck what?

Did you get in closer to 300 than 400?

clickity click 11-12-2014 03:30 PM
He broke mother fucker

EddyTheDog 11-12-2014 03:37 PM
Quote:
Originally Posted by clickity click (Post 20287444)
He broke mother fucker
It's true - Well the first bit is:Oh crap...


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