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re: If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million
Posted on 5/23/17 at 10:16 am to Broke
Posted on 5/23/17 at 10:16 am to Broke
I always understood why people who are critical of the Fed/central banking and the digitized printing press gravitated toward hard assets/gold. Yet now, a lot of those people have moved to something even less secure and more abstract than what they were trying to get away from. It's created an interesting division in the alt economic blog world.
This post was edited on 5/23/17 at 10:17 am
2
Posted on 5/23/17 at 10:21 am to DAbully
quote:
What year was this said?
Jury still seems out on the $10,000 mark in a foreseeable future.
Quite a few years ago. And I think he actually said $20,000 if I remember right. Someone from MT help me here.
Posted on 5/23/17 at 10:24 am to Bunk Moreland
quote:
Yet now, a lot of those people have moved to something even less secure and more abstract than what they were trying to get away from. It's created an interesting division in the alt economic blog world
I honestly think it's a lack of anything that isn't controlled by .gov that attracts attention. And probably for good reasons. We know the Fed manipulates currency via policy/regulations. BUT the majority of people hope they do it in conjunction with Fiscal Policy to help the overall economy. We like living in our little bubbles and don't like the boat to get rocked. There are a lot of skeptics who believe it's done to make unnamed bankers/Wall Street/Politician types incredibly rich.
Posted on 5/23/17 at 10:35 am to rocket31
quote:How do people feel about Litecoin?
rocket31
Posted on 5/23/17 at 10:37 am to lsupride87
I don't know, but I'm definitely going to buy at least $10 worth
Posted on 5/23/17 at 10:41 am to lsupride87
quote:
How do people feel about Litecoin?
How about Augur, Melonport, Golem or Mastercoin?
Posted on 5/23/17 at 11:09 am to lsupride87
It's too similar to BTC to be overly excited about and it's not as technologically sophisticated as ETH.
It pumped when coinbase adopted it by I'd careful holding as any type of investment
It pumped when coinbase adopted it by I'd careful holding as any type of investment
Posted on 5/23/17 at 11:17 am to Bunk Moreland
Bitcoin is a bubble at this point, and will lose a lot of greedy people in this world a ton of money. The smart ones will cash out and keep their money in a stable world currency backed by regulations & government, supported by a real economy and real companies.
Bitcoin is a get rich scheme intended for criminals/lowlifes, aka people who don't want to really work and earn wages for a living.
Bitcoin is a get rich scheme intended for criminals/lowlifes, aka people who don't want to really work and earn wages for a living.
Posted on 5/23/17 at 11:17 am to Broke
quote:
No, Broke is a credentialed financial pro who owns his own company and has been a finance professor for the last 20 years. But feel free to post your CV hillbilly.
Let me guess, financial advisor somewhere in BR or southern louisiana who has been an adjunct at a shite school like BRCC? Is that supposed to be impressive?
Posted on 5/23/17 at 11:21 am to rocket31
quote:
its fruitless to debate the merits of the coin (cyrpto) when evidence being presented to the opponent is continually ignored.
as far as discussing what ETH is - im assuming you know how to google?
here is a FAQ just in case LINK
Are you trading these coins or are you keeping these coins for future use? If you are keeping for later, what do you plan to use them on?
Posted on 5/23/17 at 11:29 am to OnTheBrink
I liquidated 75% of my supply yesterday.
I trade the rest for now, constantly evaluating the market. I can not predict what I'll do with them in the future, I don't think we can honestly say at this moment the true value of any coin, hence the current volatility
I trade the rest for now, constantly evaluating the market. I can not predict what I'll do with them in the future, I don't think we can honestly say at this moment the true value of any coin, hence the current volatility
Posted on 5/23/17 at 11:30 am to rocket31
the more i read about ETH the more confident i am in the tech being a game changer. it's really nothing like BTC other than block chain technology
Posted on 5/23/17 at 11:32 am to sportsaddit68
quote:
Is WikiTiger on a Yacht out in the Pacific?
No Yacht on $72m.
Posted on 5/23/17 at 11:34 am to Bawser
There's too much ignorance in your post for a well rounded response. If you're doing well then continue your journey in the blistfull ignorance you're living in. Let us lowlifes have fun.
Posted on 5/23/17 at 11:35 am to SlowFlowPro
Indeed. I mean the big banks are interested in the tech for a reason. It'll be interesting to see if they completely adopt into it or go thier own way.
Posted on 5/23/17 at 11:36 am to rocket31
quote:
I liquidated 75% of my supply yesterday.
I trade the rest for now, constantly evaluating the market. I can not predict what I'll do with them in the future, I don't think we can honestly say at this moment the true value of any coin, hence the current volatility
Thank you! That is the point I have been trying to make for however many pages we are at now. Wiki would never advise this, he actually believes in the science and technology behind it. Just look through this thread, many people are seeing some people making money and asking how they can buy with no clue what they are buying into it, with the exception of SFP who seems to be buying them for future use. Everyone else is looking to get rich quick. A fool and his money...
Posted on 5/23/17 at 11:36 am to rocket31
quote:
It'll be interesting to see if they completely adopt into it or go thier own way.
It will be a little of both.
Posted on 5/23/17 at 11:38 am to Mo Jeaux
"just the tip"
Posted on 5/23/17 at 12:43 pm to Tempratt
quote:$100 is worth 72 million today. Wiki bought thousands of dollars worth.
No Yacht on $72m.
Do the math
Posted on 5/23/17 at 1:14 pm to OnTheBrink
quote:
with the exception of SFP who seems to be buying them for future use. Everyone else is looking to get rich quick. A fool and his money
Not really. I'm sitting on it long term and the people I know that are in it are also doing the same. Eth is in it's infancy stage so it's a long term thing right now for anyone that's paying attention.
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