MTGOX site still down after 2 day - GoFuckYourself.com

Sunny Day · 06-21-2011, 11:57 PM

Still wonder, if I bought at $.80 could have sold out at a high point or waited too long in the game of hot potato? A smart move might have been buy a 1000 Bitcoins at $.80, sell 1/2 @ $5.00, then 1/2 (1/4 the original purchase), @ $10. Then remaining coins @ $15. But markets don't usually rush up like this, without few "corrections." About a $7,000 profit after fees.
But you might spend time reading Confusions and Delusions: Tulipmania, the South Sea Bubble and the Madness of Crowds and a few hundred books written since then about scams and overhyped markets. Tupliamania made many rich, but they kept reinvesting, only to lose it all,when the tulip bubble burst. One of the few winners of Tupliamania, was a hunchback who, for a few Guilders, let people, buying & selling tulips to use his back, as a desk for the signing of the bill of sale.

sponsorpimp · 06-22-2011, 12:25 AM

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Chosen · 06-22-2011, 01:21 AM

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06-21-2011, 11:57 PM	#1
Sunny Day Confirmed User Industry Role: Join Date: Dec 2010 Posts: 1,406	MTGOX site still down after 2 day Still wonder, if I bought at $.80 could have sold out at a high point or waited too long in the game of hot potato? A smart move might have been buy a 1000 Bitcoins at $.80, sell 1/2 @ $5.00, then 1/2 (1/4 the original purchase), @ $10. Then remaining coins @ $15. But markets don't usually rush up like this, without few "corrections." About a $7,000 profit after fees. But you might spend time reading Confusions and Delusions: Tulipmania, the South Sea Bubble and the Madness of Crowds and a few hundred books written since then about scams and overhyped markets. Tupliamania made many rich, but they kept reinvesting, only to lose it all,when the tulip bubble burst. One of the few winners of Tupliamania, was a hunchback who, for a few Guilders, let people, buying & selling tulips to use his back, as a desk for the signing of the bill of sale. Last edited by Sunny Day; 06-21-2011 at 11:59 PM.. Reason: spell check

06-22-2011, 12:25 AM	#2
sponsorpimp Confirmed User Industry Role: Join Date: Apr 2008 Posts: 1,567	wtf..... __________________

06-22-2011, 01:21 AM	#3
Chosen VIPPay.com \| AdultWebSponsors.com Industry Role: Join Date: Aug 2001 Posts: 63,151	Thanks for the info...