Winner, winner, chicken dinner! Tulips were the first speculative bubble. The means change, but, the idiots are constant. “A fool and his money are soon parted”Tulipmania?
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Winner, winner, chicken dinner! Tulips were the first speculative bubble. The means change, but, the idiots are constant. “A fool and his money are soon parted”Tulipmania?
Agreed I would say ethereum is probably the safest play but it's all rolling the dice. It's been insane though the last 12 months.Correct..but if you like to gamble it's the same thing. They just came out with futures on Bitcoin yesterday, and that was really fun today.
I have bitcoin, lite coin, ethereum. All have been great. IOTA has had a great run. Just threw some cash into Ripple. Could be the next big one..who knows. Don't invest more than you want to lose in any of these. It is pure gambling.
Its backed by the technology behind it. I do Bitcoin itself is a bubble, but crypto is here to stay.
Here is what you will learn about the market.
You haven't made a penny until you have sold it.
Heard the same thing about 30A property near Watercolor from my friends 15 years ago. Your friend is smart - he knew to cash out. Just don’t call it investing - it is gambling - musical chairs.My best friend cashed out 2.5 million in bitcoin over the last two weeks. This same guy also owns a Lamborghini and a Tesla. He still has over 60,000 BTC from when he started mining. Anyone that says it’s not worth anything or that it’s going to crash soon has no clue.
My best friend cashed out 2.5 million in bitcoin over the last two weeks. This same guy also owns a Lamborghini and a Tesla. He still has over 60,000 BTC from when he started mining. Anyone that says it’s not worth anything or that it’s going to crash soon has no clue.
My best friend cashed out 2.5 million in bitcoin over the last two weeks. This same guy also owns a Lamborghini and a Tesla. He still has over 60,000 BTC from when he started mining. Anyone that says it’s not worth anything or that it’s going to crash soon has no clue.
So he's sitting on a billion dollars, but would rather roll the dice? Why not close out half your position at 500million and still have 30k btc to ride the wave?
This is a farce. There is NOTHING physical backing Bitcoin. Nothing. "Technology"? What technology? is nothing but vapor.Its backed by the technology behind it. I do Bitcoin itself is a bubble, but crypto is here to stay.
There is only so much banks and government can do. The weak point is the exchanges - the US could crackdown on Coinbase for example - but at this point there would be major legal battle's due to Fed licensing. You also only need one major country to be cryptofriendly to create an out.
It's a mirage. A farce. It's only a means of transferring money. Nothing more. Just like checks. Does the paper written on have some value beyond the currency promised? Nope. Have some folks gotten rich trading Bitcoin or the options? Sure some do in any mania. Do some win a lotto? Yep. Bitcoin is a mania at the moment. Good luck. Hope you win at the roulette wheel.Its backed by the technology behind it. I do Bitcoin itself is a bubble, but crypto is here to stay.
There is only so much banks and government can do. The weak point is the exchanges - the US could crackdown on Coinbase for example - but at this point there would be major legal battle's due to Fed licensing. You also only need one major country to be cryptofriendly to create an out.
I lost my ass in watercolorHeard the same thing about 30A property near Watercolor from my friends 15 years ago. Your friend is smart - he knew to cash out. Just don’t call it investing - it is gambling - musical chairs.
Until the mania crashes and your hard dollar investment goes to near zero.Honestly, everyone should buy a little at this point.
On Coinbase you can make autopayments. I have it set to buy $10 of ETH and Bitcoin a day, works as a savings account.
I'm pretty certain he's joking and referencing a Big Bang Theory episodeI'm in the same boat. I have a bitcoin wallet somewhere and I don't remember wtf it is... don't remember how much was in it but it's likely several thousand dollars worth by now. Been trying to find it for a month.
This is a farce. There is NOTHING physical backing Bitcoin. Nothing. "Technology"? What technology? is nothing but vapor.
Yeah, and I've got a 1920's gold mine stock certificate on my wall worth a couple mil, too. It's hanging right beside my Confederate States of America "bonds" ... "guaranteed" in Confederate Dollars. Tossing the Total BullSh!T and Personal Foul Smell Flags here. Post a pic of the cash in USD when you collect.Glad to know you have an idea what you’re doing but got a 2 month roi and have pocketed more than $150k mining so I’ve been freerolling and will stop when it’s warranted
Until the mania crashes and your hard dollar investment goes to near zero.
I buy lotto tickets occasionally, too, but I swore off gambling many years ago. Glad you collected. Many very bright people think most will likely lose their asses.You're free to be skeptical. But I turned seven grand into 17k. Biggest mistake was cashing out most of it, but part of the payday went to two national title tickets so I'm okay with that.
If you don’t understand this picture, you are fuc$ed. If you do understand this picture, you are smart enough to not be in Bitcoin.I have little idea of what I’m doing, but I started a few months ago and wow, the ROI is through the roof.
I buy lotto tickets occasionally, too, but I swore off gambling many years ago. Glad you collected. Many very bright people think most will likely lose their asses.
Glad to know you have an idea what you’re doing but got a 2 month roi and have pocketed more than $150k mining so I’ve been freerolling and will stop when it’s warranted
As far as equipment I run Bitmain S9 antminers and with 20 I get a coin roughly every 18 days. The problem now is with the price spike in bitcoin people are asking stupid prices for the miners. I bought mine for less than $1200 each power supplies included. Had a friend trying to buy from bitmain recently and they didn’t have any available at this time but will probably have more in Jan. Hope this helps
How many miners are you running?As far as equipment I run Bitmain S9 antminers and with 20 I get a coin roughly every 18 days. The problem now is with the price spike in bitcoin people are asking stupid prices for the miners. I bought mine for less than $1200 each power supplies included. Had a friend trying to buy from bitmain recently and they didn’t have any available at this time but will probably have more in Jan. Hope this helps
It is a trading platform. Nothing more. I love it when everyone claims it is a "revolutionary technology", but no one can explain what the benefit of the end product is. The original design was for it to be a digital currency, but no one transacts in currencies that have 50% swings in a single day. In the past I've tried day trading stocks and options, I've traded currency pairs and commodity futures. They all work for a while, and then they don't. When they don't, you lose a lot of money fast. I've found I get the best results with growth stocks that have strong fundamentals and that I hold medium to long term. Not sexy, but it works. I don't worry about picking highs and lows, if you get the right stock, but time it wrong, growth usually bails you out in the long run. Bitcoin and other crypto currencies will end badly, and the people who held too long won't get bailed out. If you currently hold Bitcoin or other cryptos for a net gain, consider yourself lucky and get out.Bitcoin is a sucker play ... there's NOTHING backing it but a bunch of air ... if you're up RUN don't walk to the nearest exit before you get taken out.
It is a trading platform. Nothing more. I love it when everyone claims it is a "revolutionary technology", but no one can explain what the benefit of the end product is. The original design was for it to be a digital currency, but no one transacts in currencies that have 50% swings in a single day. In the past I've tried day trading stocks and options, I've traded currency pairs and commodity futures. They all work for a while, and then they don't. When they don't, you lose a lot of money fast. I've found I get the best results with growth stocks that have strong fundamentals and that I hold medium to long term. Not sexy, but it works. I don't worry about picking highs and lows, if you get the right stock, but time it wrong, growth usually bails you out in the long run. Bitcoin and other crypto currencies will end badly, and the people who held too long won't get bailed out. If you currently hold Bitcoin or other cryptos for a net gain, consider yourself lucky and get out.[/QUOTEBitcoin is a sucker play ... there's NOTHING backing it but a bunch of air ... if you're up RUN don't walk to the nearest exit before you get taken out.
Cryptocurrency is not a fad, they will be around for the rest of our lifetime.
Sounds like your relying on 3rd party data & growth to inform you investment strategy.
Overwhelming evidence suggests you’d better in an index fund.
Consider yourself lucky & convert to index funds soon...
Lol, OK smart guy, tell me the real life benefits of crypto currencies. You have told me they are well defined, but you haven't told me what they are. I expect the currency of a third world country to have wild fluctuations, but not a currency that is used for transactions.Sigh, it’s always the least informed that are ready to make the most definitive statements.
The utility of cryptocurrencies is well-defined. They are not a fad or a bubble.
In regards to your hot stocking picking tips, I’d bet dollars to donuts you wouldn’t be able to evaluate a publicly traded stock’s ‘fundamentals’ without relying on 3rd party analysis. Your not digging into SEC filed 10-Ks.
As such, you are part of the mindless herd. You would be far better not trying to guess about a stock’s fundamentals & just buy an index fund.
Consider yourself lucky & convert to index funds soon...