Posted on 04/14/2021 5:22:01 PM PDT by DoodleBob
We all have a crypto-friend who sounds like this guy. Gold back in 698BC was no different.
(Excerpt) Read more at youtu.be ...
The guy with the gold sounds like every predictor of economic collapse I've heard for decades.
Go 40 Bit 50 Eth the last 10 various sh!tcoins
Sure wish I would have listened when bitcoins were a couple a bucks each.
Digital currency makes a lot of sense from the statist point of view.
Don’t decide until it all crashes - from its own weight, or by edict.
Someone sent me a text the other day, copied from somebody’s twitter, that $1000 invested five years ago would be worth $275,000 in ethereum, $150,000 in bitcoin, $41,000 in shopify stock, $3000 in google stock and $2800 in facebook stock.
If YOU would like to be on a CRYPTO PING LIST, please pm me.
The Crypto Ping List covers the following:
Bitcoin
Ethereum
Other coins built on the Ethereum blockchain
mining
etc.
Thanks! For it - or ag'in it, it'll be a wild ride. ................................... PING!
#metoo!
But I don't want to have BTC hit $250k and think, I could have got in for $58k
The value of Bitcoin is in the computer protocol, supply and demand.
Bitcoin maximalist will say it’s a store of value like gold.
Given the price rise of Bitcoin since 2009 that’s very true.
All the inflation should have gone to gold and silver. Instead it went to Bitcoin and other cryptos/digital assets.
That’s hilarious. But really, you should buy some Bitcoin.
Coinbase’s first employee in 2013 was paid in bitcoin for three years
Picking winners is easy with hindsight. Absent a crystal ball, a diversified portfolio of assets will serve you well.
Thanks, but my doctor said it’s bad for my digestion.
Don’t feel so bad. I was talking to a co-worker in 2011 that introduced me to Bitcoin.
I was looking to invest 5k into something and he told me I should invest in Bitcoin. Proceeded to explain it to me, and I did not really understand it at the time.
The price of Bitcoin in 2011 was $3.50. I asked him if he did not mind how much did he get his pay for Bitcoin and he said all of it for under $1. He was buying it around .10 cents, and putting $200 every paycheck. He even told me had about 25 to 30k Bitcoins when I asked.
So I looked into it at the time and everyone on Wall Street and a lot of main business sources all said stay away from it. It’s a fad and illegal money. It will be shut down, etc.. So I went back and told him I was not going to do it because it was “too expensive” at $3.50. I did not even mention the other stuff.
Fast forward to 2013. One day out of the blue I see him get up and leave. He came by to see good bye (we were friends at work) and said I am out of here. Thinking he got laid off I said oh I am sorry, and he replied I am not. Then I said oh you got another job? He replied no I am done. I said what do you mean you are done? He said I am done working. I’m out. Now he was a young guy around 30 something married. So I asked are you sure you have enough to survive? He chuckled and said oh yeah I will be alright. Then he said to me remember I told you about Bitcoin, and I said yes? He said I did very well with it. Never saw or heard from him again.
If he still has it, then he is very wealthy today. What’s funny is I sort of dismissed it and did not even look back into it until about 2016 and 2017. It was late 2017 when I got fired up and been in it ever since. Initially from about April of 2018 until August I did not really do much, and then I went into a deep dive. Now it’s a hobby and I enjoy it.
I have two nephews and a niece who have recently been making some good money from investing in Bitcoin shares.
I’m considering investing in it myself.
Mark bitcoin
How do you turn Bitcoin into cash? Where do you sell it?
Yes, BTC is stealing bids from gold and silver. When bitcoin ETFs come on line later this fall Bitcoin will be stealing bids from stocks too.
That’s always been my question.
I don’t purchase or deal in anything/anywhere that accepts ‘bitcoin’.
I’m not financially smart enough to determine whether this is a pyramid or ponzi scheme, or a ‘bubble’.
I just know that I don’t trust it.
I doubt that many who are grounded in Reality - instead of in dreams of becoming wealthy with no real effort or contribution - do, either.
Whether to jump into bitcoin now may be a measure of what you think is coming with the election fraud investigations.
Cryptos are surging now because people are looking for someplace their value will not collapse, and they think Biden is going to hyperinflate. In January when it looked like Biden was going to get in is when the crypto surge happened. So long as we stay on this path, people will be moving to crypto, as well as gold, property, and any other solid asset.
If the election fraud cases coming up go the way Patrick Bryne thinks however based on the new evidence, and you get a new election ordered (not without precedent), with the fraud removed, and Trump were to get back in, cryptos will likely plummet and you could get in much lower as people try to get theri money to where Trump will make it produce stuff.
Food for thought. Right now you have a group dynamic driving things which could change like 2018, when it went from 20K to 3500.
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