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Is anyone in the BITCOIN market?


Lambofan35
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Coinbase is such garbage. liquidity sucks. When big events happen pretty much account is frozen from buying /selling until smoke clears. Wtf.

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Can somebody explain to me these coins in a language a 5 year old would understand? :lol2:

 

Best thing is just to google bitcoin and crypto currencies in general. There is a ton of fascinating info that can take you right down the rabbit hole.

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Can somebody explain to me these coins in a language a 5 year old would understand? :lol2:

 

They make no sense really. New technology trading like a stock in a market no one knows nothing about. Get in. Make some money get out.

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Thank you guys, I am even more consfused now, I will stick with digging holes and filling them with concrete LOL.

 

Still the best way to make real money IMHO.

 

Only challenge is how to do it quickly. :icon_mrgreen:

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2. Anybody watching Btc and eth?!?!

Yeah, their newly developing almost inverse relationship to each other has me slightly confused.

Ether just doesn´t seem to be able to really get going as of last.

 

However, made a nice 300% ROI with Antshares/Neo within last two weeks.

Should have bought WAY more.

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Yeah, their newly developing almost inverse relationship to each other has me slightly confused.

Ether just doesn´t seem to be able to really get going as of last.

 

 

 

HUH? btc has cracked $4000... BTC back above $300...

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You mean Ether, yeah, but BTC is making all time highs almost weekly, ether is still strugling way below it´s all time high.

When BTC rises Ether used to rise too, that´s not really happening anymore but when btc falls it does pull ether down.

So their relationship is has decoupled on the way up and recouples on the way down.

 

However, made a nice 300% ROI with Antshares/Neo within last two weeks.

400%

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4,200..... I need to be paying more attention, after the fork split I didn't realize I had an equivalent number of bitcoin cash now

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Yeah, BCH was free cash, however I´m not touching BTC, or BCH, risk reward ratio just isn´t there for me

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4,200..... I need to be paying more attention, after the fork split I didn't realize I had an equivalent number of bitcoin cash now

 

4350

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  • 3 weeks later...

Thoughts on litecoin? Up over 1700% YTD and set records today at $92 and the most ever volume. They also successfully tested the Lightning Network today to instantly and fee free transfer litecoins.

 

 

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  • 1 month later...

when i talked about getting in to mining, I think it was around 3, pre-split. i am now nervous on about a crash.

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I'm not a fan of bitcoin........ No real rules and regulations. Not backed by fixed "assets" or faith and credit of a nation. In 1873 the world experienced a financial crisis. The gold rush out west. Caused a panic as most states still had their own money and it was backed by silver. So it caused a mass amount of people trying to exchange their silver backed money for gold. In Europe. France and Britain in war with the Russian Empire, Crimean War. So there too had people running too the banks for gold. It caused some countries citizens to create there own bitcoin type currency. In Holland it was the Tulip bulb. I'm condensing too save typing. A good read is Tulip mania and the delusions of crowds............ That will sum up my opinion on pet rocks and bitcoins!

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2weeks ago my friend dug up a old email.

 

$12

 

We were going to buy 1000 each

 

$12,000

 

At that time I was making $0 and burning through $140,000 carrying my house and all the bullshit. Burned up 3.5-3.7M when I jumped out of the mansion. Who knew?

 

Ouch.

 

 

Happy for the ppl making $$$ in that market

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I'm not a fan of bitcoin........ No real rules and regulations. Not backed by fixed "assets" or faith and credit of a nation. In 1873 the world experienced a financial crisis. The gold rush out west. Caused a panic as most states still had their own money and it was backed by silver. So it caused a mass amount of people trying to exchange their silver backed money for gold. In Europe. France and Britain in war with the Russian Empire, Crimean War. So there too had people running too the banks for gold. It caused some countries citizens to create there own bitcoin type currency. In Holland it was the Tulip bulb. I'm condensing too save typing. A good read is Tulip mania and the delusions of crowds............ That will sum up my opinion on pet rocks and bitcoins!

 

 

While i don't dispute anything you've said at all, and I assume that any money i have in crypto currency is already lost, there are a few issues which are different nowadays.

 

1: FIAT currencies are no longer underwritten by the Gold Standard, and in turn have no real value anymore either

2: the world is now far more international and there needs to be more fluidity than exists through current means

3: a large portion of people in the world have the internet at their fingertips on their smartphone, they need/want/desire a means of financial system that is based around their lives. Gold for example cannot be easily traded or sold at the drop of a hat, the market closes at night, they need to go to a gold merchant etc. Crypto's fill this need for them.

4: there is an ever increasing population of people (many of who'm are younger) who are disillusioned with the establishment, who specifically like the lack of government control, because what has the government done for them? I know all generations have had this perspective, and we suffer from juvenoia

 

so as i say above, i dont disagree with your points, I threw some money in the ring just because i like that the Govt dont control it. I like that if my country were to collapse (like Greece, Zimbabwe or Venezuela did) I have a vehicle to transfer wealth out of the collapsed economy that may still hold wealth against other currencies etc. I also own gold and have money in foreign currencies for this reason too. The Crypto Currencies we know today may not be around in the future, and I'm sure 95% of them are pump and dump scams, but i'm 100% convinced that some form of crypto currency will be in all of our futures, and will become the norm. in years to come.

 

 

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