Post
Topic
Board Archival
Re: btt
by
ShroomsKit
on 31/08/2013, 03:46:27 UTC
And in the meantime the price per share just goes down and down and every day i'm telling myself i'm gonna wait for it to go back up before i sell so i won't have a massive loss. And every day my loss gets bigger Sad
Not blaming anyone but myself here by the way. The price just went up with every miner they bought. Till i bought shares and that day it stopped and went down.
It's just quite frustrating.
Sell now? Get those last few Bitcoins back before it drops even more? What to do?

Lol, says the guy who wanted to flip labcoin and then bitched because he couldn't get IPO shares.  Could have got some at 0.0016 and more then doubled your money by now.

Buy 30% invrements all the way down, .2, .15.. etc. Brings overall average of cost down and it WILL be worth it.

Not if it goes to zero.   Sell everything and buy LABCOIN.

We're sitting on over 775BTC precisely 776.5493 in reserves right now. This is enough to obtain nearly 14Th/s in pre-ordered gear from cointerra for December delivery or 4.8Th/s from bitfury for October delivery at current exchange rates(bitstamp). The problem is the same as it's been since spring/summer of 2012, and that is that locking in our funds for unproven vaporware with lead times measured in months(or years) is unwise. It's even worse than it appears because we'd also be locking in an exchange rate. An exchange rate which btw is rapidly climbing in our favor. We also cannot run out and load up on currently available hardware that's soon to be obsolete because we may or may not ever see a return on that investment.

Buying ASICs retail is a suckers bet at this point, absolutely.   Take half your reserves and buy LABCOIN shares.

And anyway, typically if a company doesn't know what to do with money it should return it to investors as a dividend.

Oh god this shit again. Yes i was pissed off because i sent my coins to buy the ipo and because of a glitch on their end they didn't receive it. Instead of saying sorry and we'll see what we can do to work something out they basically told me to piss off.
Don't act as if you wouldn't be pissed off in a situation like that please.