Post
Topic
Board Beginners & Help
Re: Am I the only newbie just buying bitcoins?
by
insomnicat
on 13/06/2011, 21:21:29 UTC
@ NothinG That's funny that you mention that. I'm actually the opposite by waiting to see what difference the significant increase of miners will play on the market. If in 2 months it's still profitable because the prices of BTC follows or is better than the increase in difficulty I don't see that would be changing. I figure by that time I can sell my BTC and use the profit to buy my mining equipment. I can see your side of things too. I just found it amusing that we can have totally opposite trains of thought yet both be just as speculative. I'm an old day trader back before the .com bust and really this market gives me a lil bit of the adrenaline rush I got from day trading to the point of addiction. Smiley

@Economics It's totally a spectators market but that's what makes it so fun! There is just to few retailers out there allowing the use of bitcoins to believe the volume is due to people buying them to use them as currency