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DonatorSr. MemberActivity: 290Merit: 250 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 04, 2013, 08:53:52 AM #9321 Quote from: freedomno1 on July 04, 2013, 08:49:38 AM



Agree with points 1 to 3 if you believe bitcoin is the train best to just pile up more when people are running

That's emotional investing logical would need good reasons such as fundamental changes

Fourth If its at 4.7 on BTCT come help me finish the darn 0.43 walls at havelock ha-ha arbitrageAgree with points 1 to 3 if you believe bitcoin is the train best to just pile up more when people are runningThat's emotional investing logical would need good reasons such as fundamental changes

I only trust BTC-TC for trading purpose. Havelock appears foreign to me. Plus woah trading on multiple platforms appear to be a whole new ball-game, arbitrage plays have too many points of failure for me right now. I only trust BTC-TC for trading purpose. Havelock appears foreign to me. Plus woah trading on multiple platforms appear to be a whole new ball-game, arbitrage plays have too many points of failure for me right now.

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LegendaryActivity: 1666Merit: 1036Learning the troll avoidance button :) Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 04, 2013, 08:57:10 AM

Last edit: July 04, 2013, 09:21:45 AM by freedomno1 #9322 Quote from: pierrejo on July 04, 2013, 08:53:52 AM Quote from: freedomno1 on July 04, 2013, 08:49:38 AM Quote from: pierrejo on July 04, 2013, 08:46:43 AM Quote from: foxykah on July 04, 2013, 08:27:11 AM It sucks to be one of those, who bought in @118 USD/BTC price...I think I might just kill myself.



Don't. We all have lost some skin, but it's meaningless in the end and we know it.



Second, let time do its thing and stop letting emotions affect your investments: don't trade if the possibility of losing money (or all) might bring about some thought of killing yourself.



Third, Bitcoin or ASICminer are good investments but don't worry so much about having to catch the train. I remember when I was arguing with my banker that I wanted to invest in GOOG at the IPO but he argued with me that they were clearly overpriced at 60 or so... Same happened with Ebay. Some 10 yrs later I've learnt that there will always be new trains, even if they only show up every few years, you just have to make sure the time is right for YOU.



Fourth, ASICminer is trading again over 4.7, I'm sure you're feeling better about that.

Don't. We all have lost some skin, but it's meaningless in the end and we know it.Second, let time do its thing and stop letting emotions affect your investments: don't trade if the possibility of losing money (or all) might bring about some thought of killing yourself.Third, Bitcoin or ASICminer are good investments but don't worry so much about having to catch the train. I remember when I was arguing with my banker that I wanted to invest in GOOG at the IPO but he argued with me that they were clearly overpriced at 60 or so... Same happened with Ebay. Some 10 yrs later I've learnt that there will always be new trains, even if they only show up every few years, you just have to make sure the time is right for YOU.Fourth, ASICminer is trading again over 4.7, I'm sure you're feeling better about that.

Fourth If its at 4.7 on BTCT come help me finish the darn 0.43 walls at havelock ha-ha arbitrage



Agree with points 1 to 3 if you believe bitcoin is the train best to just pile up more when people are running

That's emotional investing logical would need good reasons such as fundamental changes

Fourth If its at 4.7 on BTCT come help me finish the darn 0.43 walls at havelock ha-ha arbitrageAgree with points 1 to 3 if you believe bitcoin is the train best to just pile up more when people are runningThat's emotional investing logical would need good reasons such as fundamental changes

I only trust BTC-TC for trading purpose. Havelock appears foreign to me right now.

I only trust BTC-TC for trading purpose. Havelock appears foreign to me right now.

Lightbox has delivered for me I have used Canbit before and never had an issue

With havelock no issues as well less that DDOS today ha-ha but he just doesn't advertise much

I can see why btc-tc is preferred though it has more stocks too

And evil people putting overvalued options he-he



Edit In: Exchange arbitrage can be sexy though since its all the same ASICminer Lightbox has delivered for me I have used Canbit before and never had an issueWith havelock no issues as well less that DDOS today ha-ha but he just doesn't advertise muchI can see why btc-tc is preferred though it has more stocks tooAnd evil people putting overvalued options he-heEdit In: Exchange arbitrage can be sexy though since its all the same ASICminer

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Hero MemberActivity: 518Merit: 500 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 04, 2013, 08:59:37 AM #9323 Quote from: foxykah on July 04, 2013, 08:27:11 AM It sucks to be one of those, who bought in @118 USD/BTC price...I think I might just kill myself.



Could have been much worse. You could have bought in at $266 ....



Bitcoin is notorious for bubbles and bursts because its almost entirely sentiment driven. People think its too high and it crashes and crashes, until all the "nervous types" i.e. non-professionals have sold out. Then the pros buy back in cheap, the price starts going up again, and the public joins in again.



The next bubble could we well over $266.



So $118 is really not that bad. There's a lot more upside from $118 than downside.



And if going from $118 to $70 was more than you could afford to lose then you disobeyed the first rule of investing.



Hang in there, it will turn around soon. Could have been much worse. You could have bought in at $266 ....Bitcoin is notorious for bubbles and bursts because its almost entirely sentiment driven. People think its too high and it crashes and crashes, until all the "nervous types" i.e. non-professionals have sold out. Then the pros buy back in cheap, the price starts going up again, and the public joins in again.The next bubble could we well over $266.So $118 is really not that bad. There's a lot more upside from $118 than downside.And if going from $118 to $70 was more than you could afford to lose then you disobeyed the first rule of investing.Hang in there, it will turn around soon.

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LegendaryActivity: 1666Merit: 1036Learning the troll avoidance button :) Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 04, 2013, 09:04:27 AM

Last edit: July 04, 2013, 10:33:10 AM by freedomno1 #9324 Quote from: empoweoqwj on July 04, 2013, 08:59:37 AM Quote from: foxykah on July 04, 2013, 08:27:11 AM It sucks to be one of those, who bought in @118 USD/BTC price...I think I might just kill myself.



Could have been much worse. You could have bought in at $266 ....



Bitcoin is notorious for bubbles and bursts because its almost entirely sentiment driven. People think its too high and it crashes and crashes, until all the "nervous types" i.e. non-professionals have sold out. Then the pros buy back in cheap, the price starts going up again, and the public joins in again.



The next bubble could we well over $266.



So $118 is really not that bad. There's a lot more upside from $118 than downside.



And if going from $118 to $70 was more than you could afford to lose then you disobeyed the first rule of investing.



Hang in there, it will turn around soon.

Could have been much worse. You could have bought in at $266 ....Bitcoin is notorious for bubbles and bursts because its almost entirely sentiment driven. People think its too high and it crashes and crashes, until all the "nervous types" i.e. non-professionals have sold out. Then the pros buy back in cheap, the price starts going up again, and the public joins in again.The next bubble could we well over $266.So $118 is really not that bad. There's a lot more upside from $118 than downside.And if going from $118 to $70 was more than you could afford to lose then you disobeyed the first rule of investing.Hang in there, it will turn around soon.

Well to be honest if we look at the previous history it probably will go lower but history does not always repeat itself

That's fine too there are a lot more developments occurring than the last time it went down

Winklevoss twins retailer networks more sites accepting bitcoin the San Jose Convention increasing number of meetups

http://bitcoincharts.com/charts/mtgoxUSD#rg1460ztgSzm1g10zm2g25zv



So we may be among the few to say we were here in 2013 when 2015 pops by lol Well to be honest if we look at the previous history it probably will go lower but history does not always repeat itselfThat's fine too there are a lot more developments occurring than the last time it went downWinklevoss twins retailer networks more sites accepting bitcoin the San Jose Convention increasing number of meetupsSo we may be among the few to say we were here in 2013 when 2015 pops by lol

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NewbieActivity: 41Merit: 0 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 04, 2013, 09:33:36 AM #9327 Quote from: deadgiveaway on July 04, 2013, 02:07:20 AM The reason why ASICM went down is because people are dumb, to put it plainly. I actually sold mid 4's two days ago because I knew peoples perceptions were wrong if they were thinking there was going to be a huge dividend today. Either way, we are still up a lot and now time to load up more shares. I can see ASICM falling more from here just because bearish sentiment scares weak investors. So be it, and let Bitcoin fall too so I can convert more worthless US dollars into Bitcoins and buy even more shares than I could before. Works out great for me. The weak investors can go run to the US stock exchange and have fun with that.. good luck you'll need it.

I totally agree with you I totally agree with you