GoFuckYourself.com - Adult Webmaster Forum - View Single Post - I've been reading about Bitcoins for the last 3 days and my conclusion is...

rowan · 03-21-2013, 03:45 PM

1. Was going to buy $100 worth of bitcoins when they were at around $2 each, in 2011. Just as I decided to buy, Paypal put their foot down. Being outside the USA it was nearly impossible to buy BTC without Paypal, especially only $100 worth. Today that $100 buy of BTC would be worth $3500+

2. I noticed earlier this month that bitcoins had suddenly gone up in value, so I decided to cash out the 12 BTC I'd had sitting there doing nothing. The price has nearly doubled since... 12BTC @$45=$540 (this is the actual amount cashed out 2 weeks ago), 12BTC @75=$900 (this is what I could have cashed out today)

Conclusion: Either I have really bad luck, or I just suck at trading.

03-21-2013, 03:45 PM
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	1. Was going to buy $100 worth of bitcoins when they were at around $2 each, in 2011. Just as I decided to buy, Paypal put their foot down. Being outside the USA it was nearly impossible to buy BTC without Paypal, especially only $100 worth. Today that $100 buy of BTC would be worth $3500+ 2. I noticed earlier this month that bitcoins had suddenly gone up in value, so I decided to cash out the 12 BTC I'd had sitting there doing nothing. The price has nearly doubled since... 12BTC @$45=$540 (this is the actual amount cashed out 2 weeks ago), 12BTC @75=$900 (this is what I could have cashed out today) Conclusion: Either I have really bad luck, or I just suck at trading.