Posted: Fri Nov 22, 2013 1:04 pm
Page 5 of 34
Posted: Fri Nov 22, 2013 2:51 pm
Momentum keeps building, at some point there will be ETFs to buy this stuff, at which point it dramatically opens up the accessibility and people buying it. I'm not saying BTC $40k!@!!11! like some people... but I see a definite future in it.
Posted: Sat Nov 23, 2013 10:14 am
WSJ Article
Believes in boom/bust, binary resolution.
Some people in there suggesting 1-3% portfolio allocation to it. Already 1 private investment fund owning it and making it available to others with around $26M invested. Of course, Winklevii are trying to make an ETF so it's accessible to non-accredited investors.
Believes in boom/bust, binary resolution.
Some people in there suggesting 1-3% portfolio allocation to it. Already 1 private investment fund owning it and making it available to others with around $26M invested. Of course, Winklevii are trying to make an ETF so it's accessible to non-accredited investors.
Posted: Sat Nov 23, 2013 4:22 pm
I recently got approved (finally) for instant purchases on Coinbase. Up to 1 BTC per day.
So then I sold 0.1 BTC on eBay for $139 (which is $120 after eBay and PayPal fees), and instantly bought 0.1 BTC at $86. So a pretty easy $34 as long as it works.
So then I sold 0.1 BTC on eBay for $139 (which is $120 after eBay and PayPal fees), and instantly bought 0.1 BTC at $86. So a pretty easy $34 as long as it works.
Posted: Sat Nov 23, 2013 7:22 pm
I sold 0.3 BTC. I raised the price such that if 1/3 people try to defraud me and chargeback, I will still break even. If no one defrauds me, I make almost $120.
Posted: Sat Nov 23, 2013 10:33 pm
Someone undercut my price, but they did it as an auction, starting at 0.99, with a lower buy it now (I do buy it now only, no auction, so they sell ASAP). So to remove their BIN price, I bid $0.99. Now that person has to hold that BTC auction for 7 days, and it doesn't show up as a lower price than mine for BIN auctions.
My wife: "You're kinda ruthless"
My wife: "You're kinda ruthless"
Posted: Sat Nov 23, 2013 10:36 pm
Ha.
Did it turn her on?
Did it turn her on?
Posted: Sat Nov 23, 2013 11:32 pm
I want to buy .0908 Bitcoin to get me to an even .5 Bitcoin.
Anybody wanna sell and save some PayPal fees?
Anybody wanna sell and save some PayPal fees?
Posted: Sat Nov 23, 2013 11:36 pm
I would sell it to you at whatever my market price is, if that worked for you. Assuming you pay from a bank account so I don't have PayPal fees to deal with.Paul wrote:I want to buy .0908 Bitcoin to get me to an even .5 Bitcoin.
Anybody wanna sell and save some PayPal fees?
Warning: Coinbase is getting expensive ($25/BTC more than mtgox right now) since it's the easiest for USD to get into.
Right now it's about 792.74, whereas mtgox is 769.68, and btc-e is 671.
I'm prolly going to bed soon, but we can do it tomorrow if you want.
Posted: Sat Nov 23, 2013 11:37 pm
Yes.GORDON wrote:Ha.
Did it turn her on?
Posted: Sun Nov 24, 2013 2:23 pm
Ah well... I was waiting to send the BTC until payments cleared, and already got a chargeback today. Refunded the $, canceled the auction.TheCatt wrote:I sold 0.3 BTC. I raised the price such that if 1/3 people try to defraud me and chargeback, I will still break even. If no one defrauds me, I make almost $120.
I'm guessing the odds are good the other 2 end the same way.
Posted: Sun Nov 24, 2013 3:27 pm
New selling format:
* I am sending a letter to the buyer with a code.
* When they respond back to me with that code, I will send the BTC to their wallet.
So far I've ended two auctions with that format:
The first was clearly a scammer. He's paying with what looks like a hacked PayPal account (different email than the eBay account, no recent activity, etc)
The second does not look like a scammer (eBay account with recent activity, confirmed address, name and email, etc match up).
So if this works, I may do it some more.
* I am sending a letter to the buyer with a code.
* When they respond back to me with that code, I will send the BTC to their wallet.
So far I've ended two auctions with that format:
The first was clearly a scammer. He's paying with what looks like a hacked PayPal account (different email than the eBay account, no recent activity, etc)
The second does not look like a scammer (eBay account with recent activity, confirmed address, name and email, etc match up).
So if this works, I may do it some more.
Posted: Mon Nov 25, 2013 11:48 am
Interesting. I'm far too lazy to be that industrious about things.
I put in sell orders for $1000 US worth of bitcoins to trigger when it hits $1000 each, $2k, $4k, $8k and $16k. At $32k an order triggers to sell the remaining ones. I figure this gives me nice bits of cash every so often without completely dumping future prospects of wealth, and if it collapses overnight I still got something out of it. That's more my speed.
I put in sell orders for $1000 US worth of bitcoins to trigger when it hits $1000 each, $2k, $4k, $8k and $16k. At $32k an order triggers to sell the remaining ones. I figure this gives me nice bits of cash every so often without completely dumping future prospects of wealth, and if it collapses overnight I still got something out of it. That's more my speed.
Posted: Wed Nov 27, 2013 10:03 am
So I guess your first one hit today, eh?TPRJones wrote:Interesting. I'm far too lazy to be that industrious about things.
I put in sell orders for $1000 US worth of bitcoins to trigger when it hits $1000 each, $2k, $4k, $8k and $16k. At $32k an order triggers to sell the remaining ones. I figure this gives me nice bits of cash every so often without completely dumping future prospects of wealth, and if it collapses overnight I still got something out of it. That's more my speed.
Posted: Wed Nov 27, 2013 6:52 pm
Posted: Wed Nov 27, 2013 6:57 pm
I forgot about the BTC I had moved into LTC and then back. So I've got .23 BTC more than I remembered.
If you look at the potential of BTC as a reserve currency, I'm guessing it has a value of $100 Billion, which at 21 Million BTC gives a value of $5k each. Right now, the total value is around $11Billion, but only 11M have been mined.
The bitcoin investment fund returned 4,600% YTD as of last week, and BTC is up at least 50% since then... I think it will attract more money.
If you look at the potential of BTC as a reserve currency, I'm guessing it has a value of $100 Billion, which at 21 Million BTC gives a value of $5k each. Right now, the total value is around $11Billion, but only 11M have been mined.
The bitcoin investment fund returned 4,600% YTD as of last week, and BTC is up at least 50% since then... I think it will attract more money.
Posted: Fri Nov 29, 2013 8:38 am
Pared my holds by 0.9BTC this week. If I sell $550 more of BTC, I'll recoup all of my purchases, and still have some. At current prices, I would have 2.2BTC free and clear.
Posted: Fri Nov 29, 2013 10:21 pm
Sold .25 @ 1162/BTC just now. That will have me at 2.25BTC, which I'll just let ride.
Posted: Sun Dec 01, 2013 5:02 pm
Bought some more at 850 and 800 today. 921 right now at Coinbase, sold 1/2 of what I bought... sold rest at 975... so 62 proft after fees... woulda bought more at 800, but my instant buy is still 1 coin per week.
Edited By TheCatt on 1385940326
Edited By TheCatt on 1385940326
Posted: Mon Dec 02, 2013 10:57 am
TheCatt wrote:So I guess your first one hit today, eh?
Yup! Now the hard part, actually getting the cash out of MtGox since their Dwolla account was frozen by the feds.
Edited By TPRJones on 1385999949