bitcoin

[griz]

Reads like a pump and dump

Not everything is a fraud.

[griz]

One bitcoin now $18,000 CAD.

Reads like a pump and dump

I'm thinking more like hold and score.

[5thhorseman]

Holy fuck, is this thread still alive? It's on griz-life-support if anything!

Thankfully I'm not too bright and jumped onboard this summer.

Thanks for the recommendation! I owe you one! Now, please tell me if NFLX is going any higher.

[SKYO]

nah 5th, this bitcoin shit is going up and up, but it has to reach it's max soon amiright?

[5thhorseman]

nah 5th, this bitcoin shit is going up and up, but it has to reach it's max soon amiright?

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?

[griz]

Holy fuck, is this thread still alive? It's on griz-life-support if anything!

Lol

Thanks for the recommendation! I owe you one! Now, please tell me if NFLX is going any higher.

Honestly, just starting to learn trading bitcoin. Never did stocks. Dabbled in forex years ago.

Did you get some bitcoin?

nah 5th, this bitcoin shit is going up and up, but it has to reach it's max soon amiright?

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?

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.

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.

[Topper]

John McAffee LOL

Look up his murderous home in San Pedro and Corazol drug lab. Belizean adventures lol.

[5thhorseman]

Did you get some 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.

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.

[griz]

Did you get some 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.

When you hear that some criminals have used bitcoin, keep in mind that some criminals have also used USD/CAD.

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.

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.

John McAffee, Trump, Boeser and Bitcoin rocks!

[Cornuck]

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...

[Per]

[Cornuck]

Reads like a pump and dump

Current price: $3565....

Somebody made a shitload of money. I'm guessing many more lost a shitload.

[5thhorseman]

Reads like a pump and dump

Current price: $3565....

Somebody made a shitload of money. I'm guessing many more lost a shitload.

Yeah, don't invest in something you don't even remotely understand. Wonder if griz got out in time.

[Topper]

I wonder if short selling was a possibility?

[5thhorseman]

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.