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[davidbugs]

   

I hope you guy did not buy a bitcoin when it reach 1k per share,   

[yoelchavon]

You are wrong,  the value decreased  35 % only for  a few hours .  Now the price is in $750 and looks stable and ready to reach the 1000 again.

I made $350 from this crash  and you 0

[Desai]

You are wrong,  the value decreased  35 % only for  a few hours .  Now the price is in $750 and looks stable and ready to reach the 1000 again.

I made $350 from this crash  and you 0

It can go the other way too.
If i was you , i would take money and run. Banks and economic experts will bring it down , today or tomorrow.

[mikeb916]

It can go the other way too.
If i was you , i would take money and run. Banks and economic experts will bring it down , today or tomorrow.

I tend to agree...

[JustClick]

Those who are mining are ok, but those who are turning Cash into Bitcoin are high on risk.

[MakespaceE]

At the risk of sounding new, are bitcoins looked at like online gold?

[Surfbay]

   

I hope you guy did not buy a bitcoin when it reach 1k per share,   

Bitcoin millionaire throws $7.5m virtual currency in the bin

The things folks do when not paying attention.

Never take your eye off the ball . . .

 

[Warz]

Just like the people who bought during the first bubble in 2011 at the high of $32 (then price went back to $2), or the people who bought during the 2013 bubble to $266 (and then price went back to $50) they all lost value short term, but look where we are now, even those buying in the previous bubble are now in massive profit.

In fact I remember you laughing hard about bitcoin when price was ~$100, but today it's $700, if you had invested back then instead of laughing your a** off because it crashed you would have made 7x return on your money. Many around here may not afford even one bitcoin today, but in the future only the rich can buy 1 bitcoin.

As much as it's fun to make money (or laugh when others lose?), bitcoin is about replacing money. Bitcoin is a revolution that will change the world forever. I suggest you focus your time and energy on looking into this invention and what it has to offer rather than judge it's success by a graph that means nothing.

I've written down my thoughts on bitcoin here: http://www.emoneyspace.com/forum/index.php/topic,290041.0.html

[JustClick]

i dont consider bitcoin as reliable , but truth is that i am facinated with the technology and i have bought some machine for mining. I can afford so i am playing but i will not recommend any newbie to play with it without full information, otherwise u will get exhausted.

Better concentrate on Alternate Coins instead of Bitcoin... Recently btc-e the famous bitcoin exchanger introduced few more coin to get changed with Dollars.

[Darkstar2]

Just like the people who bought during the first bubble in 2011 at the high of $32 (then price went back to $2), or the people who bought during the 2013 bubble to $266 (and then price went back to $50) they all lost value short term, but look where we are now, even those buying in the previous bubble are now in massive profit.

There is no such thing as loss for as long as you don't sell..........It only is a virtual loss.
If people panic sell then they lose.   Same for the market.   Sometimes buying during
a low is no guarantee you will make quick riches.  It can still keep going further down,
but then you don't panic and just wait for it to make an expected rebound, and a bloody
huge one because if you panic then you are losing.

In the end BITCOIN is not for everyone.   People should never part with more money than they can AFFORD to lose.

In fact I remember you laughing hard about bitcoin when price was ~$100, but today it's $700, if you had invested back then instead of laughing your a** off because it crashed you would have made 7x return on your money. Many around here may not afford even one bitcoin today, but in the future only the rich can buy 1 bitcoin.

Same for gold, I remember when it was $200-$300 and people were so skeptic it would eventually go above $1k..............

I predict that BITCOIN will make another big crash, even lower than this one then with time
rise even higher.

For those who are in profit already, interesting ones, you can bring down your risk down to 0%!  NIL.   Just cash out your initial spend and use your remaining profits, which will fluctuate.......in the end worse case scenario if bitcoin goes belly up and $0, you will have lost your profits and kept your principle.  Chances of that happening anytime soon is unlikely,
so it's win-win.  So if you multiplied your money - might as well recover your spend and
let the profits ride the rollercoaster, banking on the idea that BITCOIN could see a massive
rise eventually,then get some of that out, etc.

Same thing can be applied for PTC and HYIP.......Don't be greedy and compound.....Once you get ROI, get it out and keep the remainder invested.  OR also get a % of profits out and some of it invested.........lower returns + 0% risk vs. all-in.

Of course the above would be most interesting for those who have made good profits
with bitcoin, meaning 3-4 figure, not just pennies, dollars,etc.

Example if I had spent $800 for 10 bitcoin back then, I would bloody much want my $800 back !So as BITCOIN went up like it did, I would recover my $800, back sitting in my bank and
let it ride with my profits, or better yet, withdraw some % of profits and keep the rest
invested.  This is just an example,there are better strategies also that could be applied as
you grow your money.

Personally I wish I had done so when it was 80:1 lol.  I would have gotten 10 bitcoins.

As much as it's fun to make money (or laugh when others lose?), bitcoin is about replacing money. Bitcoin is a revolution that will change the world forever. I suggest you focus your time and energy on looking into this invention and what it has to offer rather than judge it's success by a graph that means nothing.

I've written down my thoughts on bitcoin here: http://www.emoneyspace.com/forum/index.php/topic,290041.0.html

One has to wonder if one day there will be competition to BITCOIN..........

[Mak]

They are approaching 850$ again and going up now, People who sold them in panic will be in loss.

[JustClick]

One has to wonder if one day there will be competition to BITCOIN..........

Already competitors are available but thing is there developers are not yet taking intrest and they themself annoucing there coins as " Fork for Bitcoin " means they are also promoting Bitcoin. Like whole world currency have there own values but when we talk about Market every Currency v/s Dollar. So in this Crypto Currencies Bitcoin will be treated as Dollar and rest are currencies from other developers. So Market either Fluctuate in between Bitcoin V/s Other Crypto or Either like " EURO " there is Litecoin playing same role, may be due to scrypt nature Litecoin can beat Bitcoin in future as per my view.

Why i am thinking Litecoin can beat bitcoin.

Litecoin have no such designed miner so far due to scrypt encryption. Which is either by CPU or GPU and both hardware are costly as per there hash rate and Mining Litecoin is directly effecting Machine life. So obiviously Exchange rate will get increase or get Vanished ( Any one ).

[sammaster]

908.7 USD right now!

[sbinthu]

$ 895.2 now 

[Darkstar2]

They are approaching 850$ again and going up now, People who sold them in panic will be in loss.

That's what I been trying to say for a long time!   That's how people lose their shirts in the market......If people cannot handle the subtle swings in markets they should stay far away
from BITCOIN.