Quote from: SuperHakka on May 02, 2013, 04:22:40 PM

Quote from: Wuji on May 02, 2013, 04:13:03 PM

Quote from: SuperHakka on May 02, 2013, 04:07:46 PM

did you guys know that the vast majority of wealth that was lost in the 1929 might crash was not at the crash itself but in the 3 years following the peak when people were buying the dips, you know that yes?

yeah but I'm up over 1600% and prepared to hold another 3-5 years no problem. I've been investing since 1994. Did you know most conservative investors consider 10%-12% return in a year very very good.

Also as an adopter and supporter of Bitcoin I use it to buy as much as I am able to.

hey coincidence, I started investing in 1994 too, you old bugger you. anyways just like to point out that first congrats on getting 1600%, second a 90% correction will still hurt like a m*fcker. thirdly some markets after they crash NEVER recover, they fall out of the indices.

Well my theory is that virtual currency is here to stay and the value is at $30. I'm buying in very small chunks for now until we get close to $30. I just like to own coin, it feels good, even if it isn't a huge amount. Since Bitcoin is a virtual currency and not 100% speculation (no need to worry about it not having a P/E). It will continue to get used and adoption will slowly rise. I'm just not as exuberant as some of these folks. Point is as a guy who runs data centers around the world (been programming since 1983 if you want to talk old

), understands crypto based currency, I feel I can keep up with the news and play it safe. If another currency like Litecoin starts to get more adoption for example I will diversify.