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Thread: Time to dump your Bitcoins

  1. #11
    Dangerous Donald Neuro's Avatar
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    Re: Time to dump your Bitcoins

    Quote Originally Posted by Glass View Post
    Thats it in a nutshell.

    There is no value in bit coins. The value always was and is in the blockchain. That is where the value lies.
    The value of everything is in the perception of the beholder...

  2. #12
    Unobtanium
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    Re: Time to dump your Bitcoins

    Quote Originally Posted by Neuro View Post
    The value of everything is in the perception of the beholder...
    I think the perception of value is as you say.

    Pet rocks had some value at some point to people who bought them and people who sold them. But still just a rock.
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  3. #13
    Iridium Bigjon's Avatar
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    Re: Time to dump your Bitcoins

    OK, can someone clue me in as to what a bitcoin is? Is it just a number or does it have some sort of signature?

  4. #14
    Moderator madfranks's Avatar
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    Re: Time to dump your Bitcoins

    Quote Originally Posted by Jewboo View Post
    385.88

    Posted current price of Bitcoin today so we can revisit this warning thread at a later date.



    About a year ago, Jewboo, you posted this. Today, BTC is over $1100. Anyone who bought BTC a year ago tripled their money.
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
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    Jewboo (4th January 2017)

  6. #15
    Great Value Carrots Silver Rocket Bitches!'s Avatar
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    Re: Time to dump your Bitcoins

    I bought .25 BTC at a time when they were ~$250-$400. I stopped after that waiting for the price to come back down. Doh!
    everything we learn changes that which we know to be true

  7. #16
    Iridium
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    Re: Time to dump your Bitcoins

    Quote Originally Posted by madfranks View Post
    About a year ago, Jewboo, you posted this. Today, BTC is over $1100. Anyone who bought BTC a year ago tripled their money.
    They only triple their money when they cash out, until then it's just digital currency subject to the same ebb and flow that comes with it

    That being said, congrats to the BTC investors, you guys are sitting pretty right now
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  8. #17
    Iridium Jewboo's Avatar
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    Re: Time to dump your Bitcoins

    Quote Originally Posted by madfranks View Post
    About a year ago, Jewboo, you posted this. Today, BTC is over $1100. Anyone who bought BTC a year ago tripled their money.
    https://i.redd.it/jjyzas0n1jpx.png
    I'm the infamous Fred of GIM - Jewboo kindly turned over his account to me.

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    madfranks (4th January 2017),Neuro (4th January 2017)

  10. #18
    Moderator madfranks's Avatar
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    Re: Time to dump your Bitcoins

    Quote Originally Posted by Joshua01 View Post
    They only triple their money when they cash out, until then it's just digital currency subject to the same ebb and flow that comes with it

    That being said, congrats to the BTC investors, you guys are sitting pretty right now
    You're right, and I'm waiting for this tide to turn, and I'll probably dump most of my coins to take that profit. It's risen too fast for this not to have a massive correction coming.
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
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