Silk Road forums

Discussion => Newbie discussion => Topic started by: nplv123 on May 01, 2013, 11:59 pm

Title: bitcoin market is crazy
Post by: nplv123 on May 01, 2013, 11:59 pm
anyone here become a millionaire from bitcoins? wish i woulda jumped on the wagon 5 months ago when it was $13. price fluctuates like crazy!
Title: Re: bitcoin market is crazy
Post by: ragnarok888 on May 02, 2013, 01:34 am
right before they crashed i sold mine and got back five times as much as i had paid originally.
Title: Re: bitcoin market is crazy
Post by: dudeism on May 02, 2013, 01:42 am
It's like gambling, only it's boring.
Title: Re: bitcoin market is crazy
Post by: bdog on May 02, 2013, 01:56 am
They are so damn cool
Title: Re: bitcoin market is crazy
Post by: TheVoice on May 02, 2013, 02:01 am
It's like gambling, only it's boring.

That's called investing
Title: Re: bitcoin market is crazy
Post by: TylerDurdensPenis on May 02, 2013, 02:13 am
Yeah, I was going to buy a bunch of bitcoins last year at $5/ea., but then I decided I would wait a while for them to go back down  ::)
Title: Re: bitcoin market is crazy
Post by: nplv123 on May 02, 2013, 04:08 am
Yeah, I was going to buy a bunch of bitcoins last year at $5/ea., but then I decided I would wait a while for them to go back down  ::)

lol good call.. i was just too weary about the whole thing.. still kinda am.
Title: Re: bitcoin market is crazy
Post by: Cocaleiro on May 02, 2013, 04:22 am
i saw ppl making a lot of money with coins in the last months... specially big vendor, they sell a lot, wait for the right to turn BTC to money, and then add a plus of 10% to their income... nothing bad.
most banks, and stocks dont pay that money...

i saw a guy who made 1 million euros with 150.000 euros... this is serious, a lot of people are getting rich with that BTC thing, and speculation.
Title: Re: bitcoin market is crazy
Post by: noumen0n on May 02, 2013, 04:25 am
If you're just an average buyer, the market price fluctuations shouldn't effect you much. Only buy bitcoins when you're gonna make a purchase and you won't really lose or gain any money.

I thought it was interesting how bitcoins went from $135 a couple hours before SR got back up on the 30th, and then crashed down to $115 today. I'm sure this is from vendors moving funds out of SR and probably cashing out some of it too. Just goes to show how much influence SR has over bitcoin price.
Title: Re: bitcoin market is crazy
Post by: lutece on May 02, 2013, 04:29 am
It's all just so interesting to me how it took off and the value has risen so much from $5 dollar days to huge crashes that make the front page of the BBC, crazy.
Title: Re: bitcoin market is crazy
Post by: iheartvending on May 02, 2013, 05:03 am
coins were as high as around $270 recently.
Title: Re: bitcoin market is crazy
Post by: Cuntpunter812 on May 02, 2013, 05:37 am
When bitcoin went from 50 cents to $32 n' crashed the price went to $5-$10 or at least thats what the price was in around......september then to $12-16 around oct/nov where it stayed until the lastest bubble T think the question is. Is $120-130 the new $5-10 or $12-16
Title: Re: bitcoin market is crazy
Post by: shogun104 on May 02, 2013, 05:50 am
in order for me to invest in a major amount of BTCs it would have to drop to the 50-80$ range and even then it would be questionable. might be worth a shot  :-X
Title: Re: bitcoin market is crazy
Post by: NorCalChronic on May 02, 2013, 06:21 am
yeah I had a stash that I bought around 45 usd and cashed in that day they reached 260+, it was a gooood day!
Title: Re: bitcoin market is crazy
Post by: OrderOfThePhoenix on May 02, 2013, 06:55 am
I have learned to be almost zen about, happy when bitcoin goes up, but never dispointed when it goes down. After all eventually it will probably go back up. Of course when the price has a habit of doubling a bit too fast, I would stop buying coins, cause you know a bubble is up and coming.
Title: Re: bitcoin market is crazy
Post by: goodvibesalways on May 02, 2013, 08:09 am
i need 0.013 BTC to pay for shipping. :-(( can anyone help a brotha out?
Title: Re: bitcoin market is crazy
Post by: zetterberg99 on May 02, 2013, 10:42 am
I thought it was interesting how bitcoins went from $135 a couple hours before SR got back up on the 30th, and then crashed down to $115 today. I'm sure this is from vendors moving funds out of SR and probably cashing out some of it too. Just goes to show how much influence SR has over bitcoin price.

On the contrary, I think SR is a relatively small contribution to the BTC market.  Especially now that it has been in the media so much alot of new people are seizing an investment fad.  Not to mention that there are plenty of legitimate BTC business out there
Title: Re: bitcoin market is crazy
Post by: RogerTheAlien on May 02, 2013, 05:03 pm
it sure is, billy