29 November 2013

Bitcoin $1000 PARTAY!!! :) & Goldbugs wake up!

Just like the internet makes television, radio, newspapers, magazines and mail obsolete, so will bitcoin make fiat, gold, and banks obsolete. Song used: https://soundcloud.com/robscott/time-on-the-fucking-moon

2 comments:

  1. Hi MARC,

    now in this correction, when should I hope to buy?

    Regards!

    ReplyDelete
  2. Hi Frugal,

    If I would want to buy more btc, I would put open orders on either bitstamp or btc-e, from whatever the current price is down to $400, every $50 interval, so that if price goes down I am buying automatically and my orders get filled. However, firstly I would make sure that I have enough bitcoins if price would tenfold from here so that I am not left behind, and equally make sure I have not too many bitcoins so that if price goes to $10 from here my losses are still acceptable for me. Buy some, keep some cash on the sideline. On the sideline, meaning in open orders down to $400 as there is a reasonable chance price may go that low. Just my opinion, not investment advice.

    ReplyDelete

Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to buy or sell any security discussed herein or in any jurisdiction where such would be prohibited. The author of this website, Marc De Mesel, as well as the commentators, together the authors, are expressing their own opinion on various subjects including those relating to economics, finance and investing. The authors are not registered financial advisors, brokers or securities dealers and do not take responsibility for the decisions you take with your money. All investments contain elements of risk. You should understand what these risks are before buying any investment. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The authors will not accept liability for any loss or damage, including without limitation to any losses which may arise directly or indirectly from use of or reliance on such information.