BitChick
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November 25, 2013, 08:52:46 PM

Is 800 the new 15 and or 130???

hmmm

You have to ask?

How about this, $15 you sell your wife to buy BTC

If its $130, you buy yourself another wife

Deal?


yeah, i more or less did something like that... going all in at $3 was pretty hard for a while.



anyway she is getting a very nice ring for christmas. diamonds and gold is still are she really cares about, lol. silly girls.

 

I am a girl and I would prefer Bitcoins to Diamonds at this point!  Why?  In a year or two I could get 10 or even 100 for the price of 1!   Grin  I have always loved a great deal.  Bitcoin could be the best "deal" ever!  

We will see though.  I was complaining this morning that so far our investment in Bitcoin has only grown in the virtual world. We have not yet seen any benefits from it in the physical world.  We will start pulling some out in a year or so I think, depending on how fast and high it grows.  

Do not forget to take profits on the way up.

exactly, my wife has more bitcoins than most people on the forum. she held and now she wants some bling. she is young so whatever. its not like she is selling a significant amount.

BTC appreciated so much that somebody that bought aprox. 1 year ago (lets say 2012, or even Jan-Feb 2013) now has such a massive amount of unrealized profits (50x- 60x) that by selling only 10% of their stash they would be looking to at least a 5x profit compared to their initial investment... While continuing to hold to 90% of their stash. Not realizing profits in that scenario is plain dumb IMO, we all need some bling Wink

We did not purchase 1 year ago, unfortunately!  We were the "lucky" ones that bought right before and then into the April bubble and then were a little upside down on some coins for a long time.  But we were patient and held.  I agree though, when we get to 50x to 60x profits I agree that we should realize some of the profits for sure.  We have a plan in place but we are not in the same place as many of you here.

There are some that are just waiting for the day when Bitcoin is taken at most locations though.  That might be convenient but we will see.