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Old 02-07-2014, 03:09 AM   #1
seeandsee
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BC drops 250$

http://preev.com/

After 1month stability around 950$, bc drops 250$.

buy buy buy?
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Old 02-07-2014, 03:14 AM   #2
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Yall niggas better buy... I ain't, but I suggest yall do.
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Old 02-07-2014, 03:20 AM   #3
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It has been around 800 to 900. We spent 33K when it was 633 a couple hours ago.
Hell yeah buy that shit. It was just at 681 a few minutes ago.
When it hits 850 we will sell it and laugh all the way to the bank once again.
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Old 02-07-2014, 03:21 AM   #4
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Old 02-07-2014, 04:59 AM   #5
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It has been around 800 to 900. We spent 33K when it was 633 a couple hours ago.
Hell yeah buy that shit. It was just at 681 a few minutes ago.
When it hits 850 we will sell it and laugh all the way to the bank once again.
Do you always buy/sell in that 600-900 range? Or how do you 'know' when to sell/buy?
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Old 02-07-2014, 05:03 AM   #6
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Do you always buy/sell in that 600-900 range? Or how do you 'know' when to sell/buy?
Your safest bet would be to ask me what transactions i made recently from time to time and then do the exact opposite. For instance, I recently bought into PPC, so you can expect that to drop like a rock any minute now.
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Old 02-07-2014, 05:08 AM   #7
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Your safest bet would be to ask me what transactions i made recently from time to time and then do the exact opposite. For instance, I recently bought into PPC, so you can expect that to drop like a rock any minute now.
Exactly. That's the way I purchase Bitcoin. Doesn't matter when I buy it, it goes down.
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Old 02-07-2014, 05:22 AM   #8
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Old 02-07-2014, 05:24 AM   #9
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Exactly. That's the way I purchase Bitcoin. Doesn't matter when I buy it, it goes down.
It's so bad that I'm almost certain that all cryptocurrency market fluctuations are influenced exclusively by my decisions
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Old 02-07-2014, 05:56 AM   #10
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It's so bad that I'm almost certain that all cryptocurrency market fluctuations are influenced exclusively by my decisions
loloolol..
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Old 02-07-2014, 06:39 AM   #11
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It's so bad that I'm almost certain that all cryptocurrency market fluctuations are influenced exclusively by my decisions
lolz
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Old 02-07-2014, 07:17 AM   #12
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buy and hold. keep buying and keep holding...it's going to 10k plus in 2 years so who cares if you buy at 400 or 900
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Old 02-08-2014, 04:12 PM   #13
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buy and hold. keep buying and keep holding...it's going to 10k plus in 2 years so who cares if you buy at 400 or 900
Going to 10k$ per coin?
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Old 02-08-2014, 04:18 PM   #14
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Your safest bet would be to ask me what transactions i made recently from time to time and then do the exact opposite. For instance, I recently bought into PPC, so you can expect that to drop like a rock any minute now.
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Exactly. That's the way I purchase Bitcoin. Doesn't matter when I buy it, it goes down.
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It's so bad that I'm almost certain that all cryptocurrency market fluctuations are influenced exclusively by my decisions
This is true, whenever I secide to sell my bitcoin the price increases by 1000%

If I sell some bitcoin I will surely see he price drop another 40%.
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Old 02-08-2014, 04:25 PM   #15
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Bitcoin prices have crashed over the last few days--again!--this time because Mt. Gox, a major bitcoin exchange headquartered in Tokyo, abruptly announced it was suspending all withdrawals for "technical" reasons.

http://www.latimes.com/business/hilt...#ixzz2smCaLWTg
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Old 02-08-2014, 05:52 PM   #16
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I would have thought that something like Litecoin would have really gone up in value since Gox has been cocking around..
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Old 02-08-2014, 05:53 PM   #17
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Old 02-08-2014, 06:19 PM   #18
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Whats up with mtgox?
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Old 02-08-2014, 06:31 PM   #19
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buy and hold. keep buying and keep holding...it's going to 10k plus in 2 years so who cares if you buy at 400 or 900
I believe that to be true. There is a finite amount of Bitcoin that will eventually be completely mined. I have read that it is projected that the ultimate value of a Bitcoin will top out at $400,000.00 each.
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Old 02-08-2014, 06:44 PM   #20
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It has been around 800 to 900. We spent 33K when it was 633 a couple hours ago.
Hell yeah buy that shit. It was just at 681 a few minutes ago.
When it hits 850 we will sell it and laugh all the way to the bank once again.
Where are you buying and selling? There was just an arrest on money laundering charges by the state of Florida on LocalBitcoins. Guys are on there operating as one man exchanges which I guess is against the law.
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Old 02-08-2014, 06:47 PM   #21
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buy and hold. keep buying and keep holding...it's going to 10k plus in 2 years so who cares if you buy at 400 or 900
dunno about 2 years, but I'd go with that in 5
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Old 02-08-2014, 07:43 PM   #22
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A really smart person would sell options on bitcoins

you'd never be able to get the counterparty to pay up though
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Old 02-08-2014, 07:45 PM   #23
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There were some significant Bitcoin related arrests a few days ago.

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State authorities in Florida on Thursday announced criminal charges targeting three men who allegedly ran illegal businesses moving large amounts of cash in and out of the Bitcoin virtual currency. Experts say this is likely the first case in which Bitcoin vendors have been prosecuted under state anti-money laundering laws, and that prosecutions like these could shut down one of the last remaining avenues for purchasing Bitcoins anonymously.
http://krebsonsecurity.com/2014/02/f...in-exchangers/
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Old 02-08-2014, 09:05 PM   #24
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Yall niggas better buy... I ain't, but I suggest yall do.
What about non niggas?
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Old 02-08-2014, 10:42 PM   #25
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Who has the hot potato last

There's the optimistic view

http://www.newscientist.com/article/...l#.UvcT61OScjV

Then there is the technical issues

http://www.newscientist.com/article/...l#.UvcT_VOScjW

But the $250 drop this week. As I said before, MTGOX has to keep market stability. They can, if buyers outpace sellers. However, if sellers overwhelm buyers, MTGOX has to draw against their dollar balances. Since Bitcoin has skyrocketed, MTGOX has too little cash to cover Bitcoins purchased at $.10 to $600 and have to redeem at $700-1100.
Same thing happened to the US Treasury in the 60-70's when they couldn't redeem dollars for gold fast enough. This is Bitcoin's problem.
In a stable market, all works well. In an extremely volatile market great fortunes and and poverty can be the result.
Market imbalance is one of the major causes the cash of '29.
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Old 02-09-2014, 12:29 AM   #26
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What about non niggas?
Everybody's a nigga, especially you... my nigga.
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Old 02-09-2014, 12:39 AM   #27
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It has been around 800 to 900. We spent 33K when it was 633 a couple hours ago.
Hell yeah buy that shit. It was just at 681 a few minutes ago.
When it hits 850 we will sell it and laugh all the way to the bank once again.
And in 6 months when 1 BTC = $8500.00+ you'll be laughing your ass off right?
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Old 02-09-2014, 12:42 AM   #28
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Old 02-09-2014, 12:43 AM   #29
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buy and hold. keep buying and keep holding...it's going to 10k plus in 2 years so who cares if you buy at 400 or 900
what he said
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One less god!!!
I contend that we are both an atheist. I just belive in one fewer god than you do. When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.
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Old 02-09-2014, 12:47 AM   #30
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Going to 10k$ per coin?
Yes, do your research. The numbers of coins total vs the amount of fiat money that wants to go across borders etc..... Lookup bitcoin and dark money.
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One less god!!!
I contend that we are both an atheist. I just belive in one fewer god than you do. When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.
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Old 02-09-2014, 12:49 AM   #31
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I believe that to be true. There is a finite amount of Bitcoin that will eventually be completely mined. I have read that it is projected that the ultimate value of a Bitcoin will top out at $400,000.00 each.
No-one knows where bitcoin will go to but........I personally think that that number is LOW!!!
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One less god!!!
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Old 02-09-2014, 09:06 AM   #32
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Everybody's a nigga, especially you... my nigga.
Sound good, my nigga
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Old 02-09-2014, 09:07 AM   #33
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And in 6 months when 1 BTC = $8500.00+ you'll be laughing your ass off right?
Lets quote for future reference
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Old 02-09-2014, 05:53 PM   #34
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And in 6 months when 1 BTC = $8500.00+ you'll be laughing your ass off right?
yes I will be laughing still, you don't think I am holding a nice amount as well? Why not make money while it keeps going up or is that stupid to do?
As far as the other questions go I have no clue what you mean. What is bitcoin? I have never heard of that before
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