Quote from: LFC_Bitcoin on May 04, 2015, 11:46:36 AM

Quote from: dhimasnk on May 04, 2015, 11:43:18 AM

I have not become rich after using bitcoin, but I will continue to try to obtain money from bitcoin

This was a thread started by an early adopter in 2011.
Many who were posting then will have made significant money from BTC.

And most people like dhimasnk, you, and I who registered in 2014 lost money from Bitcoin. Cry

I think the price will rise eventually though.

Quote from: majorX on May 04, 2015, 01:26:41 PM

That was a lesson learned by you though and you never spent your familys money chasing it did you. The thing is it is not nearly as difficult as people think, I am not great by any means but I am in profit trading and if anyone is interested here is a great site to learn trading basics 'ignore the name' lol http://www.babypips.com this will put most people on the right track then maybe in time they can become the wealthy from bitcoin Wink

I remember browsing that site back in 2011 when I got into forex trading. I knew about Bitcoin too back then but I chose forex instead. Sad

Fortunately, after losing a bit of money from a poor trading decision, I was able to get most of it back, withdrew my funds, and decided to never trade forex again. Cheesy

Quote from: snowdropfore on May 04, 2015, 01:28:37 PM

still holding since may 2013

So you're pretty much back to where you started from then?

Quote from: Elwar on May 04, 2015, 01:19:18 PM

Ya, I learned early on that I am not good with day trading. Lost about 400 bitcoins doing so.

Fortunately it was when the price was under $10.

If you are not a day trading expert, just buy and hold (better yet, convert and spend).

What difference would it make?

Converting fiat to BTC puts buying pressure (a good thing) on BTC but spending that BTC puts selling pressure (a bad thing) on BTC since it would be converted back into fiat. So wouldn't the two effects simply cancel each other out?

Not to mention there would be buying/selling fees cutting into it as well...

Quote from: oser41eric on May 09, 2015, 10:08:19 AM

Me and you the same, the long term charts paint a pretty obvious picture and however much I don't like it, it is true. We have been dropping dropping and soon dropped. Will it bounce back in time!? Not sure if it drops to far and for to long a lot of people will just keep bailing with their losses and not look back and I don't blame them. So no OP I don't think we are wealthy elite more like broke wishful thinkers, the elite have go out of dodge.

Price in June 2011 was $33 per bitcoin. Price in January 2013 was $13 per bitcoin. Between those two points, the price dropped down to almost $2 per bitcoin at one stage.

I think we still have hope.

Quote from: Beliathon on May 13, 2015, 02:26:09 AM

225 is the new floor, from here builds up the next exponent bubble.

The floor would have been $165 which it reached back in January (albeit only momentarily).

Quote from: QuestionAuthority on May 12, 2015, 03:37:21 PM

I'd love it if it helped Bitcoin. I'm holding quite a few. I just look at it as if these companies are students in college. When you graduate you don't build your company on the schools network. You build your own network and use the knowledge you learned at school. That's what I think they're doing but we'll see. If I'm wrong I'm rich. So I hope I'm wrong.

Google and Facebook built their companies on their schools' networks. Tongue

Quote from: QuestionAuthority on May 12, 2015, 03:22:27 PM

Yep, I've already read that. That's why I mentioned colored coins because the experiments will be done with the experimental system already in place. Is that the final design that will be used? Can you tell me that one?

Do you mean Colored Coins specifically or the concept of colored coins in general?