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Old 02-16-2017, 07:44 PM   #51
stickman
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Originally Posted by 16ncs View Post
The real money is going to be in the Iraqi Dinar.....soon.
Can I get an explanation on why that would be?
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Old 02-16-2017, 07:47 PM   #52
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The real money is going to be in the Iraqi Dinar.....soon.
Haha that would sure be nice. Only bought like $125 us in it but that's like 250k dinar so if it ever works out it would sure be a nice payday. But I know people who spent way way more than I did.
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Old 02-16-2017, 08:04 PM   #53
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Originally Posted by Gummi Bear View Post
If you find the concept interesting, listening to Andreas describe how it works, is really incredible. He's The Godfather of Bitcoin, and makes his living from supporting and using it.

I listen to podcasts in the truck, it's my version of books on tape.


"It has been my experience that folks who have no vices, have very few virtues" - Abraham Lincoln
Andreas makes his living making small rocks out of big rocks.
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Old 02-16-2017, 08:05 PM   #54
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Can I get an explanation on why that would be?
10+ years ago that was the speculation and tons of folks bought Dinar
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Old 02-16-2017, 08:32 PM   #55
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Originally Posted by MarkV View Post
Haha that would sure be nice. Only bought like $125 us in it but that's like 250k dinar so if it ever works out it would sure be a nice payday. But I know people who spent way way more than I did.
I have a buddy who literally spent his retirement on Dinar.

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Old 02-16-2017, 10:46 PM   #56
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I got a separate savings account just for trading in and out of bitcoin by wire. I used Coinbase for my crypto currency wallet. It was legit. I almost couldn't believe it. Never bought any other crypto currencies except bitcoin. You can't buy all you want either, only so many can be bought by one person.

The reason bitcoin goes up when there is an IMF crisis is because like Cypress, there was a run on the banks and the austerity measures allowed the IMF to give haircuts to their bank accounts right of the top. Some 30% straight to them from bank accounts. It's a desperate thing to do when a country is in major debt and is highly leveraged. Don't think it can't happen in the US.

Another theory is that Cypress was chosen because of allot of corrupt Russian money kept there.

Some experts say bitcoin may go to $10,000 per US$, I wouldn't count on it. I'm into land and rentals now, but bitcoin was a fun experience. I sold allot st 1,200 then it dropped to 2-300 for a few years and when it recently hit 1,100 during Brexit, I sold most and got into land.
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Old 03-05-2017, 07:39 AM   #57
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Bitcoin is a temporary bubble. Avoid at all costs. It is only useful for 3 kinds of folks:
1. The tax evaders
2. Those involved in non-legal activities
3. The greedy

https://themerkle.com/bitcoin-scam-s...ning-coinvert/

Last edited by bermise; 03-05-2017 at 08:26 AM..
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Old 03-05-2017, 08:00 AM   #58
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0
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Old 03-05-2017, 08:48 AM   #59
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Originally Posted by bermise View Post
Bitcoin is a temporary bubble. Avoid at all costs. It is only useful for 3 kinds of folks:
1. The tax evaders
2. Those involved in non-legal activities
3. The greedy

https://themerkle.com/bitcoin-scam-s...ning-coinvert/
#3 fits most of us... we all are a little greedy I'd say.
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Old 05-19-2017, 03:51 PM   #60
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Originally Posted by MarkV View Post
Haha that would sure be nice. Only bought like $125 us in it but that's like 250k dinar so if it ever works out it would sure be a nice payday. But I know people who spent way way more than I did.
Quote:
Originally Posted by DarrellS View Post
I have a buddy who literally spent his retirement on Dinar.

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How's the Dinar looking now?

Bitcoin is way up there around 1,700 now.
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Old 05-19-2017, 03:52 PM   #61
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...missed out
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Old 05-19-2017, 04:23 PM   #62
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Only hackers use bit coins !!!
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Old 05-19-2017, 05:00 PM   #63
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I keep hearing about so many folks that got in on Dinari, including my mom. She apparently bought a bunch. You guys really think it will happen?
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Old 05-19-2017, 06:12 PM   #64
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Just looked up th Wikipedia and it sounds to be about the same as elf gold or golden goose eggs!
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Old 05-19-2017, 06:55 PM   #65
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This is interesting but I'll definitely pass.
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Old 05-19-2017, 06:56 PM   #66
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Originally Posted by Texas Tracker View Post
No not weed stocks but the new units that will test for THC in your system. That is were the money will be made.
That is what I'm betting on. Human testing is looking good but probably about a year away. I'm only up about 535% on it and the device is still in beta. Wish I would have bought a lot more than I did. I usually don't trade many penny stocks but this one I couldn't pass on.

If you're going to invest in weed stocks, invest in law enforcement equipment and consumables.

Last edited by BigL; 05-19-2017 at 07:05 PM..
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Old 05-19-2017, 07:13 PM   #67
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Whatsa bitcoin?
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Old 05-19-2017, 07:16 PM   #68
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😳😝😝😝
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Old 05-19-2017, 07:46 PM   #69
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Originally Posted by Burnadell View Post
Congratulations. Sounds like you hit a home run.

Can you provide an explanation of what they are and how one buys and sells them. Also, I'm not certain that I understand why the closing of banks in Cypress and Brexit would cause the value of bitcoins to skyrocket. Can you please explain the correlation.

Burnadell I hope that ain't your picture in your avatar. I want to meet you at bownanza😜
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Old 05-19-2017, 09:04 PM   #70
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Burnadell I hope that ain't your picture in your avatar. I want to meet you at bownanza��
Nah...that's not really me. It's my nephew!

Git your arse to 'nanza next year...or you're a wuss!!!
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Old 05-20-2017, 03:15 PM   #71
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A $10,000 investment in bitcoin in 2011 would be worth $201,000,000 currently. Ofcourse, I don't own any...


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Old 05-20-2017, 03:29 PM   #72
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nada here but it was interesting to follow early on!
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Old 05-20-2017, 04:53 PM   #73
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Originally Posted by BigL View Post
That is what I'm betting on. Human testing is looking good but probably about a year away. I'm only up about 535% on it and the device is still in beta. Wish I would have bought a lot more than I did. I usually don't trade many penny stocks but this one I couldn't pass on.

If you're going to invest in weed stocks, invest in law enforcement equipment and consumables.
What's the company name that makes these?
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Old 05-20-2017, 04:56 PM   #74
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Originally Posted by mrddye View Post
A $10,000 investment in bitcoin in 2011 would be worth $201,000,000 currently. Ofcourse, I don't own any...


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How do you know this? Is there a chart of prices?
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Old 05-20-2017, 06:06 PM   #75
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Originally Posted by RiverRat1 View Post
How do you know this? Is there a chart of prices?




Im not sure if you are on twitter or I would post a link to some of the charts and articles. And sorry 2010. Couldn't remember the exact date.


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Old 06-29-2017, 02:36 PM   #76
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Originally Posted by RiverRat1 View Post
Bitcoin is way up there around 1,700 now.
$2500 now. I think Im going to buy some and a few of the other currencies. I got some change laying around I need to do a high risk high reward investment with.

Any other experiences or comments would be appreciated.
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Old 06-29-2017, 02:57 PM   #77
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Originally Posted by rtp View Post
$2500 now. I think Im going to buy some and a few of the other currencies. I got some change laying around I need to do a high risk high reward investment with.

Any other experiences or comments would be appreciated.
Question: It's higher than it's ever been. Is now really a good time to buy in?
Question 2: Do you see an event on the horizon that will cause it to go up even more soon?
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Old 06-29-2017, 02:57 PM   #78
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Originally Posted by rtp View Post
$2500 now. I think Im going to buy some and a few of the other currencies. I got some change laying around I need to do a high risk high reward investment with.

Any other experiences or comments would be appreciated.
I'd also look at ethereum or litecoin. Ethereum just had a flash crash recently dropping from above $300 to .10 then back to above $300 in a day. A lot of people got called out and lost a lot of money because of margin calls and now can't get back in for the cheap cost basis. I'm always surprised at people making high risk bets with margin.
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Old 06-29-2017, 03:01 PM   #79
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Originally Posted by jmeghunts View Post
Question: It's higher than it's ever been. Is now really a good time to buy in?
Question 2: Do you see an event on the horizon that will cause it to go up even more soon?
No I dont. Im not jumping in all at once. Im going to just start buying some blocks over a given time period. If there is a dump in the price I will buy at an accelerated rate.
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Old 06-29-2017, 03:04 PM   #80
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Originally Posted by BigL View Post
I'd also look at ethereum or litecoin. Ethereum just had a flash crash recently dropping from above $300 to .10 then back to above $300 in a day. A lot of people got called out and lost a lot of money because of margin calls and now can't get back in for the cheap cost basis. I'm always surprised at people making high risk bets with margin.

I dont either. That high leveraged betting will get you in trouble big time. I will be purchasing both of the others for sure. Those are the three Im going to buy. Like I said, this is just some play money to make a high risk, high reward play with. I have nearly all my money in equities and real estate. Safe, boring a fairly predictable on the returns to expect.
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Old 06-29-2017, 03:14 PM   #81
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Every since I released another set of viri yesterday that locks up harddrives for ransom, I own the most!
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Old 06-29-2017, 03:23 PM   #82
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Good luck if/when you buy! May you find a bottom!

BTC chart is forming a textbook descending triangle. I'm not giving advice here just saying what I'm doing... I'm waiting for it to break this trend and either close a couple of days above the upper line or see when support is going to give.

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When I buy it will probably be the GBTC - which is an ETF for Bitcoin. I can trade that in my existing accounts easily. But just like above the technical indicators aren't showing me signs of strength right now so I'll sit on the sidelines for now. Good luck with your trades.

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Name:  GBCT_MACD.jpg
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Name:  GBTC_RSI.jpg
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Old 06-29-2017, 03:24 PM   #83
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Quote:
Originally Posted by Chew View Post
Here's mine.




Oh wait...you said BIT. Never mind.
Hahaha!
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Old 06-29-2017, 03:27 PM   #84
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Quote:
Originally Posted by BigL View Post
Good luck if/when you buy! May you find a bottom!

BTC chart is forming a textbook descending triangle. I'm not giving advice here just saying what I'm doing... I'm waiting for it to break this trend and either close a couple of days above the upper line or see when support is going to give.

Attachment 860414


When I buy it will probably be the GBTC - which is an ETF for Bitcoin. I can trade that in my existing accounts easily. But just like above the technical indicators aren't showing me signs of strength right now so I'll sit on the sidelines for now. Good luck with your trades.

Attachment 860417

Attachment 860418

Attachment 860419
Thank you for the info. You know this stuff much better than I do, so very much appreciated.
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Old 06-29-2017, 03:29 PM   #85
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I have some tokens left over from Chuck E Cheese
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Old 06-29-2017, 03:30 PM   #86
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Originally Posted by rtp View Post
I dont either. That high leveraged betting will get you in trouble big time. I will be purchasing both of the others for sure. Those are the three Im going to buy. Like I said, this is just some play money to make a high risk, high reward play with. I have nearly all my money in equities and real estate. Safe, boring a fairly predictable on the returns to expect.
Yea I'm good with speculation money taking a gamble. It makes the stock market fun taking those gambles. I take a lot of gambles also but most of my trades are large caps with decent dividends. Those won't make me rich but will make me consistent returns.

I was just reading about the flash crash of ETC and a lot of people who thought they were doing the right thing by setting stop loss trades to get out when it broke a range didn't realize how quickly it can blow past those and then your trade is way less than you had it set to trigger. People learning a lesson the hard way.
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Old 06-29-2017, 03:34 PM   #87
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...
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Old 06-29-2017, 03:39 PM   #88
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A bitcoin is like the love child between an invisible Beanie Baby and a tech nerd with a pocket full of money.
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Old 06-29-2017, 03:41 PM   #89
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I have some tokens left over from Chuck E Cheese
Worth about a whistle and spider ring. Very large ROI!
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Old 06-29-2017, 03:46 PM   #90
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Thank you for the info. You know this stuff much better than I do, so very much appreciated.
YW. Just remember you're taking free trading advice from strangers on an internet forum.

For these kind of trades there's no fundamentals to judge the trade. Just gut feel to jump in or maybe use some technical indicators and trade the trend. I find that I personally do better when I use technical indicators for jumping in. I may miss a bottom or two and may miss a top or two for getting out but my win percentage is higher. I understand the charts and it works for me. Find what you know and what works for you.
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Old 06-29-2017, 03:47 PM   #91
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What do you think of Monero? Last time is was looking in to cyrptocurrency, it was the one that interested me the most.
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Old 06-29-2017, 03:54 PM   #92
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What would 25 x "Black Friday Sale", Drake Fleece-Lined pullovers go for now-a-days? They're kinda like digital currency - they only exist on the internet!
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Old 06-29-2017, 04:01 PM   #93
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Had an opportunity to buy into them when they were around $10 ea but didnt really understand them. Come to think of it I still dont really understand them but I clearly botched that call.
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Old 06-29-2017, 04:11 PM   #94
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What do you think of Monero? Last time is was looking in to cyrptocurrency, it was the one that interested me the most.
Don't know anything about them.
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Old 06-29-2017, 04:16 PM   #95
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I just looked at bitcoin on wikipedia and I got no clue *** they are
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Old 08-07-2017, 12:03 PM   #96
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bitcoin @ $3375.02 today. anyone else got into cryptocurrency ?
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Old 08-07-2017, 12:18 PM   #97
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Had an opportunity to buy into them when they were around $10 ea but didnt really understand them. Come to think of it I still dont really understand them but I clearly botched that call.
I started this thread and I still don't understand them.
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