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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #111  
Old 06-02-2019
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Default Re: Crypto Blowing Up

its okay, I already sold at the bottom and made a loss and paid taxes on it LOL
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  #112  
Old 06-02-2019
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by Canadianleaf View Post
its okay, I already sold at the bottom and made a loss and paid taxes on it LOL
lol it feels like you're trying to get tax collectors off your @$$
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  #113  
Old 06-02-2019
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Default Re: Crypto Blowing Up

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Originally Posted by phaz0rz View Post
lol it feels like you're trying to get tax collectors off your @$$
The CRA (Canada Revenue Agency) are no joke... Don't mess with the tax man.
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  #114  
Old 06-21-2019
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Default Re: Crypto Blowing Up

i enjoy using cryptospaniards.com to practice my strategies.......


I hate being in the situation of saying....if i bought here and sold here I would have this much..........hindsight imagination trading doesnt show real results......


so i go to that website and use fantasy money and practice my strategy on trades to see how effective it is..........then I will see if the results really show my intelligence.
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  #115  
Old 06-21-2019
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Default Re: Crypto Blowing Up

i used 1million of fantasy money,

so far I made 36k in profit within 5 days......so my picks and predictions are proving to be pretty damn good.
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  #116  
Old 06-21-2019
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Talking Re: Crypto Blowing Up

Quote:
Originally Posted by H4ck View Post
i used 1million of fantasy money,

so far I made 36k in profit within 5 days......so my picks and predictions are proving to be pretty damn good.
So it's time to play with the real money not the monopoly ones
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  #117  
Old 06-21-2019
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Quote:
Originally Posted by Pedroalva View Post
So it's time to play with the real money not the monopoly ones
yeah,and get a chance to lose real money !!!

Quote:
Originally Posted by tablain View Post
Its quite hype in last 1 week and drop is certain.
So be careful guys.
Look at gold,before/after the China/trump talk.

never below 9k,can you guarantee with blood?

beauty is in the eyes of the beholder.
as long as enough users believe it is a store of value,I can use it to get a chicken,a leg of lamb,see a doctor,fix the plumbing of my house.
some day when a major castatrophe hits this planet,we would have a hard time to convince any seller that gold,cash,stamps,diamond,cryto,t bills would be good enough to exchange his chicken which lay eggs,aspirin,tobacco,diesel,water,even chewing gum or shampoo.
I think the most worthless item in the world is diamond!
I take it back,diamond has industrial use,may be collectibles is worthless like Mickey Mouse,Minnie Mouse !
There is a father who built a portfolio of cabbage dolls for his children college fund

november 87,00?????????

It could go up some more,Mnuchin does not want to aid state and non profit programs and want some of its money back from the Fed,Biden will be launching huge infrastructure bill,Wall Street is forecasting a negative GDP for 2021,all this spells weak dollar.
Taxes under Biden will go up too,if you are in high income bracket.
I watch Gold,I dont do Bitcoin,I can no longer afford to buy more gold

There is a guy from Hoover Institution interviewed by Barrons this week recommended bitcoins,he thinks as this COV19 situation drags on,more institutions will accept bitcoins,think of it as digital gold.
He said the fact thatPaypal can be used for bitcoin is not that relevant,as buyers are not using it to buy coffee at Starbuck but as an alternative to gold,and there is a scarcity built into it,unlike the paper money pumped out by central banks around the world.

Quote:
Originally Posted by Soundofsilence View Post
Does that mean, I should buy now ?
You are in India,arent Indian big on 24K gold?
Give me some of your gold

Biden is expected to announce huge infrastructure plan to lift the economy ,Yellen of course is the Tiny Tim dancing around tulip garden,US $ has been weakening in recent months and not getting any better,all that will lift gold,silver,platinum ,so is inflation rising .As our dollar weakens,imports will cost more and God know how much we import each day,month and year and if not whole goods,then parts and components need t o meet infrastructure needs.

21,344 in future market

not a good sign when both Bitcoin and Gold go up,US $ DOWN

gold is going up,Bitcoin is going up,dollar is going down,we will be paying more for food and staples.

why did you delete my post?
You could have save yourself some money .

Does Bitcoin a medium of exchange,where can I use bitcoin?
is it a store of value?how so?

Quote:
Originally Posted by Soundofsilence View Post
1. Yes
2. Where people/company/store/e-commerce or anyone accepts bitcoin as a mode of payment.
3. No

Then what is bitcoin ?

Watch "The rise and rise of bitcoin" documentary for basic understanding.

Personal advice : by reading about bitcoin you won't be able to understand what it is clearly but if you watch high quality content about it like the above documentary then you'll begin to develop basic infrastructure in the mind which will be useful to understand the deeper concepts of bitcoin after further reading.

Start with videos and end with reading and unless you're able to explain to newbie what bitcoin is, simply don't invest money.

Not because it's not safe but because you may get poor quality sleep wondering what will happen to my money.

Once you understand what bitcoin is, you'll feel safer then any financial institution and have sound sleep so remember golden rule "What is bitcoin must be absolutely clear before spending savings on bitcoin".
--
thanks for your sound advice.
then I have another question,I understand it is getting scarcer,so if anyone wants to buy now,he will pay a higher price,if it is a medium of exchange BUT not a store of value,am I overpaying for my bitcoin?

and why does Warren Buffet call it RAT POISON ?

wonder why? as gold is not plunging?

you know with the upcoming stimulus package,a lot of money would have to be raised and rate will be attractive enough to entice the buyers,could it be they are saving their money to buy US treasury instruments,and municipal bonds.
Muni bonds are tax free,so if the rate is 2 %,you are actually getting 4%

still dropping-$1473?

dear true cryto enthusiast-
People like agent are short sighted and ignorant of how this market works. As someone said - he reminds me of chicken little. Its easy to tell others the sky is falling and to sell and offer absurd and baseless advice when you yourself have nothing on the line.
-------------
I am standing by ready to buy all of you Mac breakfast ,as Bitcoin is now below my forecast of 38K and Wall Street 37K.
See you at $28K

Quote:
Originally Posted by SaiJin View Post
I don't consider them investment coins. But yea, they are stable since they are basically US dollars
then why not just hold US dollars?

Quote:
Originally Posted by slokor View Post
Hope everybody listened to Agent and sold their BTC when he told them to.
Oh wait...
LOL!
But seriously now - doing what he did is stupid so I will not repeat his stupidity no matter how high BTC climbs or sinks. It is pointless to look at any given moment in time when the proper way to evaluate it is as a continuum.
Agent - maybe apologize for the poor advice?
what apology?
It cant stay above $40K.

And you are ?????????

There is an article in Barrons this week on Grayscale ,why it is selling at such discount .
It is the largest Bitcoin holder.

You wanna be a good trader =leave your emotion behind

Bitcoins has not been doing too bad lately ,folks are turned off by world central banks locking up Russian Cental bank's foreign reserves.
It makes one wonder would they do the same with mine?better hold something else -grain,gold,cryptos,copper,palladium.

Last edited by TGMT²; 03-20-2022 at 11:39 PM. Reason: double posting
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  #118  
Old 06-21-2019
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by agent006140 View Post
yeah,and get a chance to lose real money !!!
it alright I was joking,who does not do what is said
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  #119  
Old 06-21-2019
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Default Re: Crypto Blowing Up

i am up 81k in fantasy money profit in 5 days........with crypto.........

apparently I know how to play the game very well.........
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  #120  
Old 06-21-2019
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Default Re: Crypto Blowing Up

Yes but not try with real money is just a game.. at least don't do it for agent
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  #121  
Old 06-21-2019
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Default Re: Crypto Blowing Up

I will start using my real money its obvious that I know what I am doing......
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  #122  
Old 06-21-2019
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Default Re: Crypto Blowing Up

Its quite hype in last 1 week and drop is certain.
So be careful guys.
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  #123  
Old 06-22-2019
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by H4ck View Post
i am up 81k in fantasy money profit in 5 days........with crypto.........

apparently I know how to play the game very well.........
Not really, you'd be up about 200k if you just bought bitcoin 5 days ago.
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  #124  
Old 06-22-2019
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Default Re: Crypto Blowing Up

I diversified between eth xrp and ltc I now am up 105k between all of these cryptos
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  #125  
Old 06-22-2019
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Default Re: Crypto Blowing Up

11k...

when they bring back the cryptocurrency section here and I see multiple threads on crypto on the recent threads page and a bunch of crypto experts come out of the woodwork im sellin'.
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  #126  
Old 06-22-2019
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by nate View Post
11k...

when they bring back the cryptocurrency section here and I see multiple threads on crypto on the recent threads page and a bunch of crypto experts come out of the woodwork im sellin'.
Hah bingo
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  #127  
Old 06-22-2019
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Default Re: Crypto Blowing Up

long live crypto!

lets take all the power away from the US government.
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  #128  
Old 06-22-2019
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Default Re: Crypto Blowing Up

Where's Empirestate when you need a moronic comment on crypto... LOL!
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  #129  
Old 06-22-2019
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by slokor View Post
Where's Empirestate when you need a moronic comment on crypto... LOL!
In a weird sort of way, I miss having Empirestate here. He kept things lively. Apparently he was banned some time ago for breaking forum rules.

Yea, Go Crypto! :D
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  #130  
Old 06-26-2019
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Default Re: Crypto Blowing Up

the sh1t has to be manipulated why is bitcoin rising so damn fast......
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  #131  
Old 06-26-2019
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Default Re: Crypto Blowing Up

I am up 252k in profit as we speak...........just in about 10 days worth of waiting........fantasy money
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  #132  
Old 06-26-2019
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Default Re: Crypto Blowing Up

It just hit £10k per BTC.

Increase from £9,200 at 1am this morning.
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