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billryan
billryan
Joined: Nov 2, 2009
  • Threads: 192
  • Posts: 11746
September 15th, 2021 at 8:57:38 PM permalink
Quote: unJon

Quote: AxelWolf

Quote: billryan

What mkes you think demand will keep up? Isn't bitcoins share of the crypto market shrinking on a daily basis?

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    Are you saying because all the new alt coins?

    I don't know how that will affect things. New ones have been coming out for years, so far so good.

    The other day, I took a Lyft, the driver was a 60ish +-year-old grandmother. As we were chatting she asked what I thought of BTC and Crypto. I sad, I have some, but can't say for sure about that, or any investment. She told me she had mostly BTC, some ETH and she was touting some other sht coin. At one point, she cracked out her phone and popped onto Gemini to check out the current prices.

    My father who doesn't even own a smartphone, still watches old westerns, and I Love Lucy was asking me how he would go about buying some BTC.

    That's when you know BTC/Crypto has arrived.
  • link to original post



    Or thatís when you know itís a bubble.
  • link to original post





    That was my thought while reading this. It reminds me of 2007 when all my friends were buying second and third houses in Florida because real estate never goes down and a profitable flip was just six months away.
    Or taking a car service home from the airport and the driver asking why I wasn't leveraging my home.
    My speculating days are in the past. For those who like to speculate, I'd look at the newer cryptos. You might get lucky and make 10X your investment. You almost certainly won't with bitcoin.
    AxelWolf
    AxelWolf
    Joined: Oct 10, 2012
    • Threads: 151
    • Posts: 19815
    September 16th, 2021 at 12:19:02 AM permalink
    Quote: billryan

    Quote: unJon

    Quote: AxelWolf

    Quote: billryan

    What mkes you think demand will keep up? Isn't bitcoins share of the crypto market shrinking on a daily basis?

  • link to original post

    Are you saying because all the new alt coins?

    I don't know how that will affect things. New ones have been coming out for years, so far so good.

    The other day, I took a Lyft, the driver was a 60ish +-year-old grandmother. As we were chatting she asked what I thought of BTC and Crypto. I sad, I have some, but can't say for sure about that, or any investment. She told me she had mostly BTC, some ETH and she was touting some other sht coin. At one point, she cracked out her phone and popped onto Gemini to check out the current prices.

    My father who doesn't even own a smartphone, still watches old westerns, and I Love Lucy was asking me how he would go about buying some BTC.

    That's when you know BTC/Crypto has arrived.
  • link to original post



    Or thatís when you know itís a bubble.
  • link to original post





    That was my thought while reading this. It reminds me of 2007 when all my friends were buying second and third houses in Florida because real estate never goes down and a profitable flip was just six months away.
    Or taking a car service home from the airport and the driver asking why I wasn't leveraging my home.
    My speculating days are in the past. For those who like to speculate, I'd look at the newer cryptos. You might get lucky and make 10X your investment. You almost certainly won't with bitcoin.
  • link to original post

    And with newer cryptos comes more risk. I bought a fair share of altcoins, some up over 20x my investment. I didn't buy any significant amount of the ones that shot up that much, I am not under the illusion there isn't a bubble. I think we are sitting in one big bubble with the entire economy. For those who like to speculate invest in just about anything.
    ♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
    AxelWolf
    AxelWolf
    Joined: Oct 10, 2012
    • Threads: 151
    • Posts: 19815
    September 16th, 2021 at 12:22:40 AM permalink
    Quote: unJon

    Quote: AxelWolf

    Quote: billryan

    What mkes you think demand will keep up? Isn't bitcoins share of the crypto market shrinking on a daily basis?

  • link to original post

    Are you saying because all the new alt coins?

    I don't know how that will affect things. New ones have been coming out for years, so far so good.

    The other day, I took a Lyft, the driver was a 60ish +-year-old grandmother. As we were chatting she asked what I thought of BTC and Crypto. I sad, I have some, but can't say for sure about that, or any investment. She told me she had mostly BTC, some ETH and she was touting some other sht coin. At one point, she cracked out her phone and popped onto Gemini to check out the current prices.

    My father who doesn't even own a smartphone, still watches old westerns, and I Love Lucy was asking me how he would go about buying some BTC.

    That's when you know BTC/Crypto has arrived.
  • link to original post



    Or thatís when you know itís a bubble.
  • link to original post

    In the meantime....
    ♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
    jjjoooggg
    jjjoooggg
    Joined: Jul 13, 2012
    • Threads: 34
    • Posts: 1037
    September 20th, 2021 at 4:04:31 PM permalink
    The next bitcoin?

    https://www.google.com/amp/s/www.yahoo.com/amphtml/entertainment/covid-truthers-claim-unvaccinated-sperm-073500689.html
    Born in Texas and lived in Texas my whole life.

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