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re: I hope ya'll got into Bitcoin at $19,000
Posted on 12/22/17 at 1:06 pm to LSUSUPERSTAR
Posted on 12/22/17 at 1:06 pm to LSUSUPERSTAR
quote:
This is basically for the rich folks that got in right when they were able to start shorting it. Magically there is a correction in less than 2 weeks from being able to do it. Rich people getting richer on the backs of the plebes.
this sequence of events was very predictable.
the dumb money is getting shaken out right now. its a good and bad thing imo.
dont need someone that just got wrecked running to their powerful authority friends
0
Posted on 12/22/17 at 1:07 pm to Broke
Coinbase went down for 2 hours today.
Imagine coming to grips with the need to slit your own throat, and someone taking the knife away from you
Imagine coming to grips with the need to slit your own throat, and someone taking the knife away from you
Posted on 12/22/17 at 1:07 pm to Broke
Damn it's at 12K right now? At least it's at 18k today. I invested early today when it was 9K and it's already at 14K today.
Posted on 12/22/17 at 1:08 pm to Breesus
Are you on drugs son?
Posted on 12/22/17 at 1:11 pm to Thib-a-doe Tiger
quote:
Coinbase went down for 2 hours today.
Imagine coming to grips with the need to slit your own throat, and someone taking the knife away from you
Posted on 12/22/17 at 1:12 pm to Breesus
quote:
Damn it's at 12K right now? At least it's at 18k today. I invested early today when it was 9K and it's already at 14K today.
I like that one
Posted on 12/22/17 at 1:12 pm to Breesus
In response to the “can I shop at target with it” arguments. There will be a time in the near future thanks to the combination of ethereum and omisego where you will be able to walk into a store, pay with what every currency you choose, and it will immediately be converted into whatever currency the retailer chooses. Or you can go to an atm and cash out any of these coins immediately for cash.
Posted on 12/22/17 at 1:13 pm to Deactived
quote:
Oh theyve 'lost' millions this week. They are pretty care free though. I would be shitting myself
As would I. Jesus Christ.
If I was "dumb" enough to ride Bitcoin to $10k+, and it was never-have-to-work-again money already, I think I'd take profits such that BTC represented no more than 5% of my net worth.
Posted on 12/22/17 at 1:14 pm to 25 Point Lead
Soooo, 38k in he short term minimum, right?
Posted on 12/22/17 at 1:14 pm to bee Rye
quote:
Or you can go to an atm and cash out any of these coins immediately for cash.
there is already a debit card you can use that converts BTC to USC
Posted on 12/22/17 at 1:14 pm to Broke
There is nothing wrong with laying down a couple hundred dollars or whatever you can afford on a couple of coins and just letting it ride. People that are taking out second mortgages on their homes to invest are the ones that are going full retard with it.
Posted on 12/22/17 at 1:14 pm to slackster
quote:
If I was "dumb" enough to ride Bitcoin to $10k+, and it was never-have-to-work-again money already, I think I'd take profits such that BTC represented no more than 5% of my net worth.
No doubt
Posted on 12/22/17 at 1:15 pm to Thib-a-doe Tiger
quote:
Soooo, 38k in he short term minimum, right?
You tell me as you've been the reactionary one on here
Posted on 12/22/17 at 1:15 pm to bee Rye
quote:
day, I am down to only being up 1200%
Ya I've still been in the green every day this month except one.
Looks like we'll finish in the green again today at this rate
Posted on 12/22/17 at 1:15 pm to bee Rye
quote:
There will be a time in the near future thanks to the combination of ethereum and omisego where you will be able to walk into a store, pay with what every currency you choose, and it will immediately be converted into whatever currency the retailer chooses. Or you can go to an atm and cash out any of these coins immediately for cash.
Care to guess what currency the retailer will choose?
Posted on 12/22/17 at 1:16 pm to bee Rye
quote:
There will be a time in the near future thanks to the combination of ethereum and omisego where you will be able to walk into a store, pay with what every currency you choose, and it will immediately be converted into whatever currency the retailer chooses
yeah okay. The stores took a decade to start to adopt chip readers and those only function correctly 30% of the time usually due to store malfunction and you think there will be a viable auto crypto exchange in the near future? Posted on 12/22/17 at 1:16 pm to SlowFlowPro
quote:i am talking about cashing in doge or some other shite coin. The plasma network will take care of it all. Crypto will be no different then the money in your bank account, which in my eyes is no different anyway, as it’s just a digital ledger until I cash it out just like my bitcoin is
there is already a debit card you can use that converts BTC to USC
Posted on 12/22/17 at 1:16 pm to 25 Point Lead
That crash was over 40%. I think big money will continue to play the masses as long as they can. Buy the dips, unload and short
People will make money, some people will be cleaned out.
People will make money, some people will be cleaned out.
Posted on 12/22/17 at 1:18 pm to Thib-a-doe Tiger
quote:
That crash was over 40%. I think big money will continue to play the masses as long as they can. Buy the dips, unload and short
That's been the rule of thumb for a while with all cryptos. Hell, it's actually the reason I joined this board from following the eth thread on the money talk board.
Like any volatile investment, play it safe with the profits you make and don't bet more than you're willing to lose. At this point, many on Money Talk should be playing with just a portion of house money.
This post was edited on 12/22/17 at 1:22 pm
Posted on 12/22/17 at 1:18 pm to Breesus
quote:its like you are totally unaware of how fast advancements have been happening in the technological age.
yeah okay. The stores took a decade to start to adopt chip readers and those only function correctly 30% of the time usually due to store malfunction and you think there will be a viable auto crypto exchange in the near future?
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