Posted on 03/13/2017 11:14:44 AM PDT by amorphous
No, I’ve got all money in a Unobtanium mining stock.
Wish now I'd held on to a few, but I put the last up for sale above $28 last night and this morning they were all sold.
As always in trading, and I don't care if it's stocks, commodities, or whatever you're trading, you're kicking yourself coming and going.
Yeah, an invisible currency, that is fully independent of government. And government seems to tolerate it being free and unregulated and have no problem with this.
Sure, I believe that./s
Now there's a great investment! ;)
It got into dihydrogen monoxide years ago. Use it every day. Even have it delivered to the house!
My portfolio is heavy with di-lithium crystals.
Email from exchange: “A withdrawal of $X,XXX.00 USD has been initiated”.
Mine comes by pipeline, before going through the RO unit.
I am going from memory, but etherium looked like a very ambitious and interesting project. I think any focus on “etherium as a currency” is misplaced, since IIRC the primary focus of etherium was as a decentralized, distributed data, contract, and code platform.
If anyone familiar with the project can chime in: why is the focus now on etherium as a currency? Wasn’t the whole project geared towards generic storage? I remember that one of the goals was for etherium to serve as a platform for webapp code such that the code was executed by nodes of the network (and would therefore be free from tampering, and would not have a single point-of-failure). Was this wrong?
I am no crypto currency expert, but I think Bitcoin might be a good store of value, if not investment, but it is not a “currency” until the taxation issues are addressed, Specifically the capital gains issue when there are such programs out there to ‘mix’ bitcoins to cloud the purchase date so as to make capital gains calculations impossible, but again, I am no expert.
One cannot help be impressed by Bitcoins performance lately, especially considering the Winklevos twin ETF denial Friday.
Buy high and sell cheap is my motto. It takes all of the stress out of investing.
IMO it should be declared/treated as a commodity, but who can argue with the IRS?!
LOL, yeah, if only you knew where those points were! I sold a few along as the price climbed but still left a lot on the table. I've also kicked myself for not selling with the price was up, only to watch it fall.
A person just has to be happy with a profit and not get greedy, and forget about the bad trades - I guess.
There's a heck of a lot more to being a good trader than most people realize.
I hear there will be a run on dihydrogen monoxide.
The Chinese are crazy for that stuff!!
Oh, yeah. Quite a few.
This is the first time I've heard of “Ethereum.”
I know about “smart contracts,” but I had no idea there were funded start up companies actively working on the application software.
Ethereum is a cool name, but I'm not sure I want my money denominated in a currency called “Ether.”
My money already disappears into thin air every month!
There is no question that “Block Chain” technology is very exciting.
But, the security issues are still huge.
I just read the Ethereum bio on Wiki.
After Ethereum had its online crowd sourced $150 million IPO (paid in bitcoins), someone hacked their software and “kidnapped” $50 million for a month!
Not quite ready for prime time.
Of course. I do trade. I know the ecstasy and the despair of trading.
I've mined BTC, XMR, BCN, LTC, ETH, ETC, FCN, and ZEC. Currently, ETH and XMR are the most profitable. It's helps that the miners give off "free" heat in the winter and the trading supplements the mining. And except for free drinks and good looking hostesses, it beats poking quarters into one-armed bandits at the casino.
I didn't see the denial as a bad thing. Paper gold and silver has really messed up the true price of those two commodities, as the fraudulent manipulation of their price is pretty apparent.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.