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Started By
Message
re: I hope ya'll got into Bitcoin at $19,000
Posted on 12/22/17 at 3:52 pm to Wooly
Posted on 12/22/17 at 3:52 pm to Wooly
quote:
Hope it goes to zero. I’m sick of my clients asking about it.
WHat the frick is wrong with you? I don't know shite about you, but from the context of your post, isn't it your fricking job to answer such questions?
1
Posted on 12/22/17 at 3:53 pm to X123F45
You'll convert to U.S.dollars won't you? This is funny to me.
Posted on 12/22/17 at 3:54 pm to rocket31
I mean that seriously. It's like Bale's character in The Big Short - you can be right and early and nearly lose your shirt.
Alternatively, how would you characterize success for Bitcoin? I'm not talking about an exchange rate, but actual every day success and impact.
Alternatively, how would you characterize success for Bitcoin? I'm not talking about an exchange rate, but actual every day success and impact.
Posted on 12/22/17 at 3:54 pm to JPinLondon
(no message)
This post was edited on 1/1/18 at 12:23 am
Posted on 12/22/17 at 3:55 pm to Broke
quote:
You'll convert to U.S.dollars won't you? This is funny to me.
USD, trx, and actual fricking gold
Posted on 12/22/17 at 3:55 pm to slackster
quote:
Alternatively, how would you characterize success for Bitcoin? I'm not talking about an exchange rate, but actual every day success and impact.
When it becomes widely accepted for goods and services is my watermark
Posted on 12/22/17 at 3:56 pm to X123F45
quote:
USD, trx, and actual fricking gold
It's hilarious at how many investors are looking to dump their "money" for money they know will be safe in the long run
Posted on 12/22/17 at 3:58 pm to Broke
TRX is a future investment.
Gold is for the fricking laughs
Gold is for the fricking laughs
Posted on 12/22/17 at 3:59 pm to Broke
quote:
Absolutely not. Our firms would shite a brick if they knew we were even discussing this stuff. It's a compliance nightmare.
So a client says "what is this bitcoin thing?" or "should I buy bitcoins?"
and by responding to that question, there is a compliance nightmare? Wow.
Posted on 12/22/17 at 3:59 pm to Broke
quote:
When it becomes widely accepted for goods and services is my watermark
That's mine too, with the caveat of it being kept in bitcoin. I'm skeptical of bitcoin's future as a currency. Always have been.
Posted on 12/22/17 at 4:01 pm to JPinLondon
quote:
So a client says "what is this bitcoin thing?" or "should I buy bitcoins?"
and by responding to that question, there is a compliance nightmare? Wow.
This post was edited on 1/1/18 at 12:22 am
Posted on 12/22/17 at 4:02 pm to JPinLondon
quote:
by responding to that question, there is a compliance nightmare? Wow.
If you don't know what bitcoin is you've got no business telling a client what you think it is, and if you can't value it, how can you recommend a client buy it or sell it?
This post was edited on 12/22/17 at 4:03 pm
Posted on 12/22/17 at 4:04 pm to stout
Its gambling based on ponzi.
Like commodity wagers in oil or soy there are entities for whom.the market is integral to their biz. Criminals.
Tax evaders.
There no point to it all.
Ponzi gamble.
Like commodity wagers in oil or soy there are entities for whom.the market is integral to their biz. Criminals.
Tax evaders.
There no point to it all.
Ponzi gamble.
This post was edited on 12/22/17 at 4:05 pm
Posted on 12/22/17 at 4:08 pm to slackster
Bitcoin spurred a movement for the "people" and away from the SEC
Its success should not be judged by the obsolete industry it is attempting to replace.
Its success should not be judged by the obsolete industry it is attempting to replace.
Posted on 12/22/17 at 4:08 pm to CelticDog
I wonder how the Iraqi Dinar is doing? I used to get a lot of those questions.
Posted on 12/22/17 at 4:10 pm to Broke
quote:
Yes. I've only had one person ever ask. I told him that we are an investment firm. We are highly regulated for investor protection. Something bitcoin isn't by design
Same here. We actually issued a white paper on crypto currencies for clients who are interested, but it's clearly speculative and unregulated, and we don't dabble with anything unregulated.
This post was edited on 12/22/17 at 4:11 pm
Posted on 12/22/17 at 4:11 pm to Broke
Well one reason that it never really went down was that there was no real Market to sell. It was only pressure in the upward sense that people were wanting to buy and so that kept pushing it up. Once you could start doing things with Futures that put some downward pressure on it up couple of 3 weeks ago and you see what's happened since then. At least that's what I heard two elderly black women saying behind me at the 7-Eleven.
Posted on 12/22/17 at 4:13 pm to Broke
Make it 452%.
Evening run is beginning. Dies off around 11:20.
Evening run is beginning. Dies off around 11:20.
Posted on 12/22/17 at 4:14 pm to rocket31
quote:
Bitcoin spurred a movement for the "people" and away from the SEC
Its success should not be judged by the obsolete industry it is attempting to replace.
, what does bitcoin have to do with the SEC? I thought this was a central bank response? Posted on 12/22/17 at 4:16 pm to CelticDog
quote:
Its gambling based on ponzi.
Like commodity wagers in oil or soy there are entities for whom.the market is integral to their biz. Criminals.
Tax evaders.
There no point to it all.
Ponzi gamble.
So are all non finite currencies?
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