Not everything is a fraud.Topper wrote:Reads like a pump and dump
bitcoin
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Re: bitcoin
Re: bitcoin
One bitcoin now $18,000 CAD.
I'm thinking more like hold and score.Topper wrote:Reads like a pump and dump
- 5thhorseman
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Re: bitcoin
Holy fuck, is this thread still alive? It's on griz-life-support if anything!
Thanks for the recommendation! I owe you one! Now, please tell me if NFLX is going any higher.griz wrote:Thankfully I'm not too bright and jumped onboard this summer.
Re: bitcoin
nah 5th, this bitcoin shit is going up and up, but it has to reach it's max soon amiright?
Can the Canucks just win a Cup within the next 5 years.
- 5thhorseman
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Re: bitcoin
What you should be asking is whether you understand it. And if you don't, then you're gambling rather than investing. How much money can you afford to gamble?SKYO wrote:nah 5th, this bitcoin shit is going up and up, but it has to reach it's max soon amiright?
Re: bitcoin
Lol5thhorseman wrote:Holy fuck, is this thread still alive? It's on griz-life-support if anything!
Honestly, just starting to learn trading bitcoin. Never did stocks. Dabbled in forex years ago.5thhorseman wrote:Thanks for the recommendation! I owe you one! Now, please tell me if NFLX is going any higher.
Did you get some bitcoin?
Traditional wisdom. And it still applies but good luck "understanding" cryptocurrency deeply. Very volatile too. Much like gambling as you say. Never invest more than you can afford to loose, never put all your eggs into one basket, do your own research.5thhorseman wrote:What you should be asking is whether you understand it. And if you don't, then you're gambling rather than investing. How much money can you afford to gamble?SKYO wrote:nah 5th, this bitcoin shit is going up and up, but it has to reach it's max soon amiright?
Bitcoin was $1K about a year ago and it just passed $20K. Some say we can expect this to continue for a couple of years. John Mcaffee claims it'll reach huge levels by 2020. Same kind of revolutionary opportunity that comes along once in a while like the dot com boom.
Re: bitcoin
John McAffee LOL
Look up his murderous home in San Pedro and Corazol drug lab. Belizean adventures lol.
Look up his murderous home in San Pedro and Corazol drug lab. Belizean adventures lol.
Over the Internet, you can pretend to be anyone or anything.
I'm amazed that so many people choose to be complete twats.
I'm amazed that so many people choose to be complete twats.
- 5thhorseman
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Re: bitcoin
Not yet, but it is interesting reading. I can see it growing in value as the trading network and user base expands, but I wonder if there might be a clampdown someday due to the organised crime element.griz wrote:Did you get some bitcoin?
Still got to research some more, but it's also possible to make 2x, 5x, or 10x your money on stocks, so bitcoin is not the be all and end all.
Re: bitcoin
When you hear that some criminals have used bitcoin, keep in mind that some criminals have also used USD/CAD.5thhorseman wrote:Not yet, but it is interesting reading. I can see it growing in value as the trading network and user base expands, but I wonder if there might be a clampdown someday due to the organised crime element.griz wrote:Did you get some bitcoin?
Definitely. The more ways to earn the better! CME is starting bitcoin futures in a week or two and that should open it up to a LOT more people.5thhorseman wrote:Still got to research some more, but it's also possible to make 2x, 5x, or 10x your money on stocks, so bitcoin is not the be all and end all.
John McAffee, Trump, Boeser and Bitcoin rocks!
Re: bitcoin
Interesting look at bitcoin and the power consumption needed to keep it going.
https://arstechnica.com/tech-policy/201 ... explained/
Comments section actually is interesting for once...
https://arstechnica.com/tech-policy/201 ... explained/
Comments section actually is interesting for once...
Doc: "BTW, Donny was right, you're smug."
Re: bitcoin
Whatever you do, always give 100 %!
Except when donating blood.
Except when donating blood.
Re: bitcoin
Current price: $3565....
Somebody made a shitload of money. I'm guessing many more lost a shitload.
Doc: "BTW, Donny was right, you're smug."
- 5thhorseman
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Re: bitcoin
Yeah, don't invest in something you don't even remotely understand. Wonder if griz got out in time.
Re: bitcoin
I wonder if short selling was a possibility?
Over the Internet, you can pretend to be anyone or anything.
I'm amazed that so many people choose to be complete twats.
I'm amazed that so many people choose to be complete twats.
- 5thhorseman
- MVP
- Posts: 935
- Joined: Thu Jan 07, 2010 11:04 am
Re: bitcoin
I got sucked into a pump and dump early on in my investing career. Only a few grand lost; seemed a lot at the time but now it's small change for the lesson I learned.