Quote from: Nightowlace on December 18, 2013, 02:58:37 PM

Quote from: Vycid on December 18, 2013, 02:55:06 PM

Quote from: Nightowlace on December 18, 2013, 02:50:11 PM

Quote from: Vycid on December 18, 2013, 02:15:45 PM

Quote from: maz on December 18, 2013, 02:07:21 PM

It amazes me how difficult some people find it in life to give credit where it is due. I guess it's just a lot of embarrassment kicking in now for the bulls who did nothing but mock bears for the past 2 months for attempting to be rational about the situation we were currently in. If anything this recent rally has taught me who in this thread is the day dreamers, the shit talkers and those who are blatantly blind based on their investment. Bitcoin does attract a strange group of folk, I must say.

There are some rational bears, but they are a minority and rpietila is not one of them.

Protip: Rational bears don't sell at $700, then buy back higher and start screaming that we're headed to the moon shortly before we top out.

From $3 to $30, $30 to $90, $50 to $266, $150 to $1200, now we sit here at $550 give or take. You can say early adopters, you can say 2011, etc. etc. The fact is that if this is your first day investing in Bitcoin you are still an early adopter. As with investing in anything from the start you will have to be able to take the good news with the bad news. You will have to be able to watch it rise and fall. We are the center of attention in the financial world and every country is scrambling to voice their stance on Bitcoin. Some good, some bad. Some regulations will come in our favor, others wont. We are growing, expanding, infiltrating, we will be met with resistance by some and embraced by others. Every Bear and Bull will be right every at one point or another and both will scream it from the top of their lungs when they are. You have to ask yourself am I day trader looking to make fiat, or am I a bitcoiner looking to make Bitcoin? If you are here to make fiat you are a bear, you want to see Bitcoin rise and fall and profit from its ultimate demise. If you are here to make Bitcoin you are a bull. You believe in what Bitcoin means and what it can do for the global economy of the world.

Last night I sold a Casascius 25B error coin for $21,000 cash. Camolist and I met the guy in person exchanged and left. We watched the market for a few seconds and I looked at him and said what do you think? He said could go either way. I said well I had a 25B coin worth 25B, now I can buy 32B with this cash. So we bought. When I woke up this morning I checked the price and for about 20 seconds I was frustrated, but then I stopped and thought I didn't lose $5,000, I made 7B.

I've gone back and forth between bear and bull many times. Sometimes our emotions get the best of us. Do what you believe in and follow your own path. Make the decisions that best suit your financial abilities and don't be swayed by others.

I'd be upset for 2 reasons: that 25B error coin will be priceless someday even if Bitcoin fails, and you could've made 30+ BTC instead of 7.

Or the price could have risen to $850 and I could have wasted my evening and lost B. I made 7B. That's a great night.

You really think a 25B error coin wouldn't sell for 32B at the current price, or any other price?