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re: I hope ya'll got into Bitcoin at $19,000
Posted on 12/22/17 at 1:41 pm to slackster
Posted on 12/22/17 at 1:41 pm to slackster
quote:
Also, I don't see the correlation to the future of blockcoin technology and Bitcoin/Ethereum/Litecoin/etc. What good is Bitcoin if I want to use blockchain technology to streamline medical records, for instance?
the network does't just run itself
1
Posted on 12/22/17 at 1:43 pm to stout
quote:
I don't own any currently actually
Lol
Posted on 12/22/17 at 1:45 pm to Broke
quote:
I meant it would be bumped at some point, not necessarily in a short period of time. Then it will fall and I'll make another snarky thread mocking the believers. Then it will go up and it will get bumped again. It's the bitcoin circle of life
Ya which is why it seems prime for scalping. Wait til it drops over 10% in an hour, sell once that goes up 10%, wait until the next big drop and do it all again. It is like taking candy from a baby if you look at the charts.
Posted on 12/22/17 at 1:46 pm to 13SaintTiger
The man is comfy with his profits and got out. That's a smart money decision by someone not attached.
Posted on 12/22/17 at 1:46 pm to slackster
quote:
Also, despite my best efforts to grasp the technology, I'm still not sure how the blockchain would be useful for everyday life.
You're a smart guy
Watch a ETH YouTube video explaining the tech. Than watch an Iota YouTube video.
Judge then but just because you can't grasp it doesn't mean it's not valuable.
I've said for nearly a year this was an investment opportunity of our lifetimes and it continues to pass everyone by just because they don't wanna take ten minutes to learn about it
Posted on 12/22/17 at 1:47 pm to Broke
quote:
The man is comfy with his profits and got out. That's a smart money decision by someone not attached.
That’s not why I laughed.
Posted on 12/22/17 at 1:51 pm to 13SaintTiger
13,309.10 as of 2:51PM EST today.-these things are so volatile.
Posted on 12/22/17 at 1:52 pm to Broke
quote:
The man is comfy with his profits and got out. That's a smart money decision by someone not attached.
I'm also playing the other side of it shorting the companies like RIOT and LFIN the past few days after they announced they were getting into blockchain as their stocks crashed after the initial overreaction of their announcement.
I'm also hoping to get some Nvidia options cheaper today because they are taking a dip over the overreaction of BTC dropping today. Not sure if it will amount to much on that front yet. AN hour left to go and not as much of a drop as I was hoping for.
Lol on me, though!
This post was edited on 12/22/17 at 1:54 pm
Posted on 12/22/17 at 1:52 pm to rocket31
Also. If you think all this is absolutely bogus.
A simple $100 investment in the top 7 coins would be over $40k today
A simple $100 investment in the top 7 coins would be over $40k today
This post was edited on 12/22/17 at 1:56 pm
Posted on 12/22/17 at 1:53 pm to rocket31
It has no intrinsic value to a majority of people. It's a speculation play. This won't work just because you want/need it to work.
Posted on 12/22/17 at 1:54 pm to rocket31
I did $50 in cheap coins that might have a future. Will wait and see if they make any big rise in money. If they don’t, I lost $50. Who gives a frick. If they do? I’ll have stacks on stacks on stacks.
Posted on 12/22/17 at 1:55 pm to rocket31
quote:
Also. If you think all this is absolutely bogus.
A simple $100 investment in the top 7 coins would be over $40k today
You realize that just because a few guys shoot dice on a street corner, it doesn't mean it's life changing
Posted on 12/22/17 at 1:57 pm to rocket31
quote:
I've said for nearly a year this was an investment opportunity of our lifetimes and it continues to pass everyone by just because they don't wanna take ten minutes to learn about it
There are reports that $200 billion was lost today but it really wasn't. As someone earlier said, there is big money driving this down while shorting it on the other side. It's a wealth transfer essentially. That's not saying regular people won't make money off of it but calling it the investment opportunity of a lifetime is a bit of hyperbole that can be dangerous as there will be a lot of people that lose everything over it because they buy the hype too much.
Posted on 12/22/17 at 1:59 pm to rocket31
Did you do that research and notepad? Serious question.
Posted on 12/22/17 at 2:00 pm to stout
Rocket tell me how bitcoin can change my life in a positive way. I'll allow you to convince me
Posted on 12/22/17 at 2:03 pm to stout
I've always said to take profits.
Nothing else exists in 2017 where you could throw a dart at a board and wake up a year later and be up 4000%
I don't think we will get many other opportunities such as that one
Nothing else exists in 2017 where you could throw a dart at a board and wake up a year later and be up 4000%
I don't think we will get many other opportunities such as that one
Posted on 12/22/17 at 2:06 pm to stout
That was from Reddit a week ago. Not mine
Posted on 12/22/17 at 2:08 pm to rocket31
The issue is the greed and that is what will bite people not being as practical as you when it all crashes down. That's why the hyperbole can be dangerous.
ETA: I lived through the dot com and mortgage crisis. Those were the "investment opportunities of a lifetime" too FWIW. There will always be another one.
Do some research on the The Tulip and Bulb Craze
ETA: I lived through the dot com and mortgage crisis. Those were the "investment opportunities of a lifetime" too FWIW. There will always be another one.
Do some research on the The Tulip and Bulb Craze
This post was edited on 12/22/17 at 2:11 pm
Posted on 12/22/17 at 2:09 pm to rocket31
Do you only see value as a speculation play? I want to know how I can be positively impacted? I want you to change my mind. It's more fun being on the money side of this
Posted on 12/22/17 at 2:21 pm to Carson123987
quote:
the network does't just run itself
Of course, but why should I believe multiple blockchains are necessary? More importantly, why would it be one of the current ones?
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