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Started By
Message
1
Posted on 9/3/18 at 1:07 pm to Tiguar
quote:
if youre buying crypto for 10y, buy btc
I'd argue the opposite.
quote:
If it's not here, then everything got blown up
Or a better technology (i.e. something in the everything) completely supplants BTC.
Posted on 9/3/18 at 1:42 pm to CE Tiger
quote:Looks weak. Like a fall from .00004202 SATS to .0003200-.0003600.
Get you some Chainlink
I’ll watch and try to get to the white paper.
This post was edited on 9/3/18 at 1:43 pm
Posted on 9/3/18 at 2:56 pm to Bullfrog
My goodness. People actually risk their money on this garbage? I am going to enjoy watching this. The wrestling of investing, lol.
Posted on 9/3/18 at 3:30 pm to Pawsome81
IBM and xlm announce product in direct competition with ripple
Posted on 9/3/18 at 7:12 pm to Douglas Quaid
at this point, I'll be shocked if btc is ever "completely supplanted".
There may be others that take a top spot and give you better gainz, but if you want a safe-ish bet for something to at least hold value, btc is your coin.
You could put 5k into chain link or eth or whatever and it could be $0 in 10 years.
BTC might, too, but far less likely.
There may be others that take a top spot and give you better gainz, but if you want a safe-ish bet for something to at least hold value, btc is your coin.
You could put 5k into chain link or eth or whatever and it could be $0 in 10 years.
BTC might, too, but far less likely.
This post was edited on 9/3/18 at 7:13 pm
Posted on 9/3/18 at 10:22 pm to Tiguar
Yeah, 10 years is a long time in crypto. Hell, I’m taking it day by day. I wouldn’t buy anything thinking it would be good for that long.
Posted on 9/3/18 at 10:24 pm to Pawsome81
You can enjoy watching us get rich. We can laugh all the way to the bank. I’ve already taken out my initial stake plus done and now playing with house money.
Posted on 9/4/18 at 8:25 am to Pawsome81
quote:
Pawsome81
Feel free to not click on the thread that doesn't pertain to you then?
Posted on 9/4/18 at 12:29 pm to Tiguar
bitcoin reminds me of altavista or Yahoo. still a place you go to get to google sometimes
Posted on 9/4/18 at 8:52 pm to Pawsome81
quote:No matter what you do in life, you’d better learn about this technology because it will grow to affect every part of your life.
People actually risk their money on this garbage?
History books will be using this period you are currently living in as an anchor point in time scales.
And Amazon just registered the following domain names:
AmazonEthereum.com
AmazonCryptocurrency.com
AmazonCryptocurrencies.com
This post was edited on 9/4/18 at 9:10 pm
Posted on 9/5/18 at 12:45 pm to Bullfrog
The registered those in 2017
Posted on 9/5/18 at 1:10 pm to greenwave
Even better.
Posted on 9/5/18 at 9:13 pm to Pawsome81
quote:
My goodness. People actually risk their money on this garbage? I am going to enjoy watching this. The wrestling of investing, lol.
You sound like the people who "LOL"'d when Bitcoin hit $1, then $100, then $1000.
It's definitely a risky investment, but the risky investments have the biggest payoffs if they happen to eventually succeed. The vast majority of people with substantial money in cryptos understand the level of risk.
If you can't grasp being comfortable with a certain level of risk in exchange for a potential huge upside, then you should start a financial education program.
Posted on 9/5/18 at 10:45 pm to Bullfrog
quote:The problem is that Amazon and other big tech companies may develop in the underlying technology, not the coins people are invested in, and even worse, maybe even as competitors to them. So in order to benefit from the investment, you’ll likely need to own the stock of the companies that are developing the technology.
Even better.
Posted on 9/5/18 at 10:56 pm to PEPE
quote:Problem isn’t there is no solid way to value the risk nor the underlying investment potential, since there are few or no objective fundamentals. This gets back to the problem of a “currency and its technology” being treated as a transitional investment when the investment runs counter to the purpose of the currency and its technology.
It's definitely a risky investment, but the risky investments have the biggest payoffs if they happen to eventually succeed. The vast majority of people with substantial money in cryptos understand the level of risk.
And I read the crypto subreddit, and seeing the sheer number of people who have taken out loans, moves the entirety of their investments from traditional assets to crypto, and bought crypto with credit cards (at least until banks and vendors stopped them), a lot of people with substantial money in crypto (at least relatively speaking), have clearly little understanding or care for the risk.
In fact, the number of posters here who have been saying for months “I’m just waiting for it to reach a certain price to lessen my losses or break even,” continue to invest in something with pessimism rather than something they believe will gain value, shows fundamentally irrational and fallacious decision-making.
Posted on 9/6/18 at 6:44 am to buckeye_vol
quote:
you’ll likely need to own the stock of the companies that are developing the technology.
I have this strategy in place as well it's just boring for the most part. your market leaders here are Accenture, IBM, Merck, square with Microsoft dabbling. other payment folks to follow so probably pick some of that all up for eventual operational efficiencies
Posted on 9/6/18 at 6:45 am to oklahogjr
Goldman has also dabbled in the space but I believe they recently said no trading desk for now.
Nasdaq is also going all in on trading
Nasdaq is also going all in on trading
Posted on 9/6/18 at 5:57 pm to oklahogjr
Man what’s crazy is when I bought bitcoin at $18,100 (I did sell at around 12k) but if I had took all my money and put it in tether, I’d still be down nothing and could have reinvested back into bitcoin at $6,500.
So theoretically some guys out there but 1 bitcoin at 18k, panicked and put it in tether.. then decided to buy it back at $6,800 they’d have 3 bitcoins instead of 1 with no extra investment
So theoretically some guys out there but 1 bitcoin at 18k, panicked and put it in tether.. then decided to buy it back at $6,800 they’d have 3 bitcoins instead of 1 with no extra investment
Posted on 9/6/18 at 10:09 pm to buckeye_vol
quote:All true.
The problem is that Amazon and other big tech companies may develop in the underlying technology, not the coins people are invested in
But Amazon’s business is to make it easy to do business with Amazon. They will set up to Atomic Swap any crypto currency to theirs and make the sale. They do have to work out account KYC.
The hackers will feast on IBM’s and similar lab tested crypto’s.
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