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bitcoins

stangmx13 said:
someone hears about 50Cent finding $7M in BTC and everyone wants in on it :laughing
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He also made a deal to endorse Vitamin Water back before anyone had heard of it and asked to get paid in company equity. Supposedly wound up making 500 million dollars on that endorsement deal.
 
2018 I think is going to be the year if crypto dies because of government regulation or thrives because of government regulation.
 
Blankpage said:
I'm starting to think I shouldn't be looking for buy recommendations from the barf :x
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Pfft. I mentioned the recent crash several days in advance and offered you guys action on IOST which increased 145% this week. :x spoiled bishes :p
 
A time of correction is good for the market. I think we will see a big pump mid to end of February, complete guess on my part. But this lull seems to be a normal part of the cycle in the crypto world. I'm not sure why everyone says the sky is falling.
 
jiffy said:
I'm not sure why everyone says the sky is falling.
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One thing that is different from other corrections in the past is the fear of strict regulation/banning from governments.


I think if we see massive world wide bans on trading the whole market will collapse, if we see regulation I think the fear will slowly subside and see a major bullrun.

This is all long term though, probably in 6 months to a year. Of course, also my opinion.
 
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Entoptic said:
The insults continue. For some reason you think I'm losing money and then jab me for it. Remind me to make a joke at your misfortune when it happens. :twofinger
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Its more a case of good natured ribbing than any intended insult. It was only a week ago you were boasting of buying a motorcycle from your profits and indicating someone else was some sort of loser for not being able to do the same.
You argue with the skeptics claiming they don't understand this new money making machine then it proves you wrong and the skeptics right. You know that runs the risk of an I told you so.

Anyhow I don't gain any pleasure from anyone losses, good luck with whatever you do. I find the investing topic interesting but there's no free lunch, thats all the majority seem to be saying.
 
Volcomism said:
Pfft. I mentioned the recent crash several days in advance and offered you guys action on IOST which increased 145% this week. :x spoiled bishes :p
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I could get behind your more logical approach to this crypto craze. Still not enough of a believer to pull the trigger though.
 
Blankpage said:
I could get behind your more logical approach to this crypto craze. Still not enough of a believer to pull the trigger though.
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There are a few solid cryptocurrencies out there. VEN, IOST, ADA, ICX and ETH. They all have products being built on them by enterprises and even governments. Due to the hype and complete emotional response of the entire public, whales manipulate the market in keeping the values of these coins lower than they are to swallow it all up. It's a coordinated game of pump and dump.

Day traders should stick to the shit coins because they can increase/fall up to 300% in a day for no reason at all. Just set up a bunch of alarms and ride the waves of the whales. You might get lucky, you might not.

I personally just follow Chinese news and am in some small groups that have large Asian investors in them. I just translate and follow - seeing as they've been right 90% of the time. Sometimes being a puppet works :)

Nevertheless. Futures close today and the last time this happened - everything took a nose dive. I see it happening already and the futures don't close for another 4.5 hours. So sell everything you got and then wait til this thing bottoms out.
 
I recommend getting in and buying just to learn the lingo and what it’s about. I paid to go to school and look at this the same way. I’m not trying to get rich, I’m just learning the process and the tools at a cost.

I’m in for hundreds of dollars, not thousands. I bet more on the craps tables in Vegas last week. :laughing

Educate yourself through experience instead of only second hand info.
 
Rather than compare bitcoins to stocks, I think a more apt comparison is to compare bitcoins to junk bonds...
 
Climber said:
Rather than compare bitcoins to stocks, I think a more apt comparison is to compare bitcoins to junk bonds...
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Nope. Junk bonds are obligations made by corporations that are higher risk than AAA bonds, BB or lower. They actually have a very good history of repayment at that level and are fairly stable in price. Bitcoin is bitcoin. Either the wave of the future or a passing fad. It's a fairly unique technical solution to a problem that may or may not exist.
 
I've been out of the loop on underground black markets but Bitcoin was very useful for what it was when the original silk road was up years ago. Even if it's just a fad in the mainstream, there will always be a use for cryptos in that regard.... although bitcoin was $4 at the time we were using it around 2011
 
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