BitCoin
Quote: billryanWhat a bizarre response.
Why bizarre?
You are trying to convince forum members of the toxicity of dealing with defi and crypto.
A comparison of the toxicity of traditional banking and finance seems in order.
Just one "traditional finance scam" like Bernie Madoff, should convince anyone that pointing to scams is worthless. They will happen anywhere there is finance.
Seizure might simply consist of rendering you incapable of 'cashing out' which is tricky to do short of burning bits of your brain out.Quote: rxwineDo they really need to be able to seize the bitcoin to make your life miserable? Could they just put a permanent debt over your head. Kind of OJ simpson. If you ever show having assets anywhere they confiscate it to meet their former demand. Even if you never give up the passords they keep coming for any available assets.
(I believe Nicole Simpsons family has a civil legal claim against Oj's assets, or something like, but certain things they can't take)
If they can seize bits of hardware, or plant a back door on your device, they may acquire your private keys. Then they really can seize your BTC
Quote: OnceDearSeizure might simply consist of rendering you incapable of 'cashing out' which is tricky to do short of burning bits of your brain out.
If they can seize bits of hardware, or plant a back door on your device, they may acquire your private keys. Then they really can seize your BTC
Whatever the case, the idea that one might be able to stay firm, and go "Ha Ha" you can't do anything to me" seems unlikely.
Quote: darkozWhy bizarre?
You are trying to convince forum members of the toxicity of dealing with defi and crypto.
A comparison of the toxicity of traditional banking and finance seems in order.
Just one "traditional finance scam" like Bernie Madoff, should convince anyone that pointing to scams is worthless. They will happen anywhere there is finance.
In the madoff case, the system worked in the end. Madoff went to prison where he died a horrible death and the investors got most of their initial investments back. That is the benefit of investing in a regulated industry.
No such regulations exist in the crypto field and the people who got hacked are on their own and shit out of luck.
I'm beginning to understand how Anne Sullivan must have felt.
Quote: billryanIn the madoff case, the system worked in the end. Madoff went to prison where he died a horrible death and the investors got most of their initial investments back. That is the benefit of investing in a regulated industry.
No such regulations exist in the crypto field and the people who got hacked are on their own and shit out of luck.
I'm beginning to understand how Anne Sullivan must have felt.
Well, if you consider a thirty plus year scam where regulatory bodies like the SEC failed to catch it and many lives were ruined for years, some died, and millions in expected profits were wiped out causing bankruptcy for many and millions spent on law enforcement investigations and trials...
To be an example of "the system working" then sure.
I'm starting to understand how Ghandi felt!
Quote: darkozWell, if you consider a thirty plus year scam where regulatory bodies like the SEC failed to catch it and many lives were ruined for years, some died, and millions in expected profits were wiped out causing bankruptcy for many and millions spent on law enforcement investigations and trials...
To be an example of "the system working" then sure.
I'm starting to understand how Ghandi felt!
How were many lives ruined for years? Madoff never missed a single promised payout until the very end. When he began missing payments, he was shut down almost immediately.
I'm beginning to realize you have no idea how the SEC or FINRA works. What did the SEC fail to catch for years?
Quote: billryanHow were many lives ruined for years? Madoff never missed a single promised payout until the very end. When he began missing payments, he was shut down almost immediately.
I'm beginning to realize you have no idea how the SEC or FINRA works. What did the SEC fail to catch for years?
I love the story about how Thorp figured out Madoff was a scam.
Quote: billryanWhat did the SEC fail to catch for years?
Are you serious?
https://www.sec.gov/news/testimony/2009/ts091009rk-jw.htm
https://www.nytimes.com/2009/09/03/business/03madoff.html
No, I'm not watching that. It seems really strange they feel the need to get involved with this thing people like to compare with Beanie Babies 🤷♀️Quote: billryanYou might ask the people who had their 1.2 billion dollars in assets seized.
I'm sure you are all watching the debate in the senate where a few politicians are trying to hold up the trillion dollar infrastructure bill over the new cryptocurrency reporting rules.
I have read some of the articles about people who have had crypto seized. Even the FBI or whoever it was, said how difficult it is, but people are making mistakes. At this time, I don't think they could access and seize BTC that has been properly secured. I'm no expert, but you would have to explain how they would even know someone had BTC if they bought it from a private seller and simply generated a recovery seed and then memorize the recovery words and never have them written down or stored on an exchange or anything physical, let alone take it from you, even if they did know?
Edit to add: It doesn't matter what the US does, they don't and can't control BTC worldwide. Sure, they can affect the price.
Quote: AxelWolfNo, I'm not watching that. It seems really strange they feel the need to get involved with this thing people like to compare with Beanie Babies 🤷♀️
I have read some of the articles about people who have had crypto seized. Even the FBI or whoever it was, said how difficult it is, but people are making mistakes. At this time, I don't think they could access and seize BTC that has been properly secured. I'm no expert, but you would have to explain how they would even know someone had BTC if they bought it from a private seller and simply generated a recovery seed and then memorize the recovery words and never have them written down or stored on an exchange or anything physical, let alone take it from you, even if they did know?
Edit to add: It doesn't matter what the US does, they don't and can't control BTC worldwide. Sure, they can affect the price.
That is why I asked if you have been following what is going on in Congress. Under the bill just passed by the Senate, the private seller would have to report who he sold it to and for how much. Failure to do so would be a felony. This applies if you buy, sell or mine. Essentially, in terms you'll understand- a 1099 type form will be required for every transaction. Here is the rub, though. The new law seeks to make it retroactive. If it passes, and it certainly is well on its way, there will be a paper trail for each coin and the US can "lock down" any coin if it can't be shown that the proper taxes were paid. It is a dumb law, not well thought out but it is on it's way to becoming the law and money in the bill will allow the IRS to set up a division dedicated to collecting taxes on crypto.
Quote: billryanhttps://www.msn.com/en-us/money/markets/one-of-the-world-s-biggest-crypto-exchanges-agrees-to-pay-100-million-and-block-us-users-as-part-of-a-legal-settlement/ar-AANcucR?ocid=msedgntp
That is why everyone should use my company, Coinbase. Am I allowed to refer to it as my company if I own a share of stock in it?
Yep, you guys have been posting up tons of negative articles and stuff about BTC, as have many others, some going back years, and yet, here we are at 45k. I can't think of any other stock or investment that could have so much going against it and still be as strong as it is. That might actually tell you something.Quote: billryanhttps://www.msn.com/en-us/money/markets/one-of-the-world-s-biggest-crypto-exchanges-agrees-to-pay-100-million-and-block-us-users-as-part-of-a-legal-settlement/ar-AANcucR?ocid=msedgntp
Oh, kind of like bitcoin.Quote: billryanEver hear of a little stock called Tesla? Elon and his various companies have been slammed for years and the people who believed in him saw their investments rise to the stratosphere. Three years ago, the "smart money" had him running out of cash and shorted the hell out of it. Instead it hit $2,000 a share.
Had you invest 1k in bitcoin 10 years ago you would have over 2.5 million today. Only around 120k if you invested in Tesla
1 Bitcoin equals
47,630.00 United States Dollar
Quote: AxelWolfOh, kind of like bitcoin.
Had you invest 1k in bitcoin 10 years ago you would have over 2.5 million today. Only around 120k if you invested in Tesla
1 Bitcoin equals
47,630.00 United States Dollar
and today..
$46,855.97 down a couple percent.
Schadenfreude for Bob, I actually managed to sell my tranche at the YTD low point. Fortunately only a couple of thousand pounds worth.
By any stretch of the imagination, this is one heck of a rollercoaster, up 50% in 3 weeks.
The pundits are generally being proved so, so wrong. Back when it was 30,000, the signals were all "Strong sell" and the narrative was that we were heading to 15,000 or less. Now at $47k, the pundits are saying "Onwards to $100k and the signals show as 'Strong Buy'
So..... Hodl it is. But not for the 3 week term, but for the rest of the year at least. I'm too cautious to invest a very meaningful part of my wealth in it. It's really too much of a gamble. Plus, I still feel bad about the environmental issues.
Mostly, I just dread the day where I try to sell and I have to explain where I got them. $:o)
I listen to EvenBob and do the opposite $:o)Quote: billryanI don't know what experts you listen to but my guy called for a rubber band rebound to $43,000, and I posted it here at the time BC was around $32,000
No. Actually, I look in on https://www.tradingview.com/symbols/BTCUSD/
Always lots of conflicting pundits there, to be taken with a sack of salt.
Quote: OnceDearI listen to EvenBob and do the opposite $:o)
No. Actually, I look in on https://www.tradingview.com/symbols/BTCUSD/
Always lots of conflicting pundits there, to be taken with a sack of salt.
I'd think finding " experts" on cryptocurrency is bit of an oxymoron. When I consult a legal expert, he has training, years of experience and can draw on hundreds if not thousands of years of research.
Most crypto experts seem to be little more than lottery winners who now get to voice their opinions.
Absolutely agreed. Some of these guys just scribble on the charts and say a few magic incantations like Fibbonacci, Head and shoulders Pennant, resistance line. Some comment on these lines and forecast that 'If that level is breached, the next higher resistance level is .... but if it doesn't, expect the price to fall to... Talk about useless advice.Quote: billryanI'd think finding " experts" on cryptocurrency is bit of an oxymoron. When I consult a legal expert, he has training, years of experience and can draw on hundreds if not thousands of years of research.
Most crypto experts seem to be little more than lottery winners who now get to voice their opinions.
About as expert as the guy who stares at the table game display board and confidently advises you what to bet.
Funny how these so called experts can come up with polar opposite analysis of the same data.
I hear you on that.Quote: billryanI'd think finding " experts" on cryptocurrency is bit of an oxymoron. When I consult a legal expert, he has training, years of experience and can draw on hundreds if not thousands of years of research.
Most crypto experts seem to be little more than lottery winners who now get to voice their opinions.
But haven't you been posting articles and listening to so-called experts when it comes to all the negative things surrounding Bitcoin? Are they only experts when it is in line with your theories?
Some of these so-called experts are supposedly well-known financial experts on both sides of the coin, no pun intended.
So I'm personally disregarding anything the so-called experts say when they're talking about any individual coin. I feel that I'm invested in a new technology that is the blockchain. I think you would have a hard time finding an expert that would deny that this technology is the wave of the future. We've been specifically talking about Bitcoin on this thread, but what are your thoughts on ETH?
Quote: BTLWII had 4-5 BTC deposited earning yield - 4.7% APY in BTC - think traditional bank savings account but paid in kind.
I applied for a no-credit check - BTC collateral only loan for $25,000 USD.
More collateral gets you a lower interest payment rate on your loan.
$100k worth of BTC collateral gets me an APY of 1%
$75K worth of BTC gets me an APY of 6.95% (I choose this)
$50K worth of BTC gets me an APY of 8.95%
They took 2.30144948 BTC that I had deposited (and earning interest) as collateral. I'm left with 2.5 BTC earning interest, 2.3 BTC in collateral and $25,000 USD.
On the 11th of each month I owe $144.79 in interest. On 11-Jan-2022 I will owe the $25,000 loaned amount.
Total owed - $26,737.50
My $25K loan needs to be worth $26,737.50 or more by Jan 2022 or I made a dumb decision.
I was earning 4.7% APY (in BTC) on 2.30144948 BTC that is now moved to collateral and earning 0%. That's the "hard" part of figuring out the cost of the loan. It's costing me about .108 BTC that I could have earning in interest if I kept it in my yield account.
BTC Margin call at BTC price of $16,711
Liquidation at BTC price of $13,578
Collateral given - 2.3 BTC
Loan Received - $25,000 USDC
Interest Payments - $1013
Remaining Payments - $725
I used most of that USDC to buy Cardano (ADA). In a few days I'll be able to used some of that ADA to take out another $25,000 loan and close the first loan, returning my 2.3 BTC collateral.
Quote: AxelWolfI hear you on that.
But haven't you been posting articles and listening to so-called experts when it comes to all the negative things surrounding Bitcoin? Are they only experts when it is in line with your theories?
Some of these so-called experts are supposedly well-known financial experts on both sides of the coin, no pun intended.
So I'm personally disregarding anything the so-called experts say when they're talking about any individual coin. I feel that I'm invested in a new technology that is the blockchain. I think you would have a hard time finding an expert that would deny that this technology is the wave of the future. We've been specifically talking about Bitcoin on this thread, but what are your thoughts on ETH?
Two men whom I admire a lot, Mark Cuban and Elon Musk say ETH and dodgecoin(sp) have brighter futures than bitcoin.
I'm fortunate in that I just need to preserve my capital, so there is zero reason to speculate. My personal thought is that bitcoin will be another AOL or Myspace., but it won't affect me either way.
Quote: billryanTwo men whom I admire a lot, Mark Cuban and Elon Musk say ETH and dodgecoin(sp) have brighter futures than bitcoin.
I'm fortunate in that I just need to preserve my capital, so there is zero reason to speculate. My personal thought is that bitcoin will be another AOL or Myspace., but it won't affect me either way.
Why not circuit city or the Wiz?
There's nothing wrong with your opinion. But don't act like Bitcoin is somehow a worse decision than investing in Circuit city or Sears Roebuck which is also a ghost of its former self
Quote: billryanTwo men whom I admire a lot, Mark Cuban and Elon Musk say ETH and dodgecoin(sp) have brighter futures than bitcoin.
I'm fortunate in that I just need to preserve my capital, so there is zero reason to speculate. My personal thought is that bitcoin will be another AOL or Myspace., but it won't affect me either way.
Wow, I have not heard anything positive about Dogecoin from anyone that I respect.
But you were pretty Negative Nancy on bitcoin when those guys were positive Polly.Quote: billryanTwo men whom I admire a lot, Mark Cuban and Elon Musk say ETH and dodgecoin(sp) have brighter futures than bitcoin.
I'm fortunate in that I just need to preserve my capital, so there is zero reason to speculate. My personal thought is that bitcoin will be another AOL or Myspace., but it won't affect me either way.
Yeah, it's as if Bill is trolling us.Quote: DRichWow, I have not heard anything positive about Dogecoin from anyone that I respect.
@Bill
Please explain why you think/they think Dogecoin has a brighter future than BTC? I probably would have bought some myself, just for the hell of it, but here is a fun fact, it doesn't seem to be available on any mainstream exchange like Coin Base, therefore, I didn't buy any. If it ever gets listed on the main steam exchanges I suppose that would cause it to go up.
Me being curious about what "I missed out on" I did a little investigation.
The coin that started out as a joke and the start of its big success was Elon tweeting about it. Why does it like that coin? IIRC it was something about him liking dogs and memes and that's about it. IIRC the tweets were being investigated by SEC.
As far as I can tell, the only reason the coin has done well is due to all the hype, its fans, the community, and the low price. BTC has a much bigger fan base, community, and hype.
From what I understand, there is not a limited supply of Dogecoin and it can be mined forever(kind of like a currency). I dont really know if that is a good or bad thing, but it doesn't seem like there will ever be a supply and demand variable to push the price up. From my understanding, one Anonymous person owns like 28% of Dogecoin.
I'm pretty certain if Bitcoin crashes so will Dogecoin.
I wonder why Elon's company choose to invest in BTC over Dogecoin and why his company doesn't accept DogeCoin?
It seems Mark Cuban has said in the past, that he acknowledges Doge Coin might not be the smartest investment.
Quote: AxelWolfYeah, it's as if Bill is trolling us.
I don't care what Bill thinks about Crypto coins. Honestly the only one that I think has a bright future is Etherum. Other coins that I am familiar with just don't have any utility.
Quote: DRichI don't care what Bill thinks about Crypto coins. Honestly the only one that I think has a bright future is Etherum. Other coins that I am familiar with just don't have any utility.
I also believe Ethereum will do better than all crypto % wise in the future. Bitcoin will hold its own but my money is in Ethereum.
Quote: AxelWolfYeah, it's as if Bill is trolling us.
@Bill
Please explain why you think/they think Dogecoin has a brighter future than BTC? I probably would have bought some myself, just for the hell of it, but here is a fun fact, it doesn't seem to be available on any mainstream exchange like Coin Base, therefore, I didn't buy any. If it ever gets listed on the main steam exchanges I suppose that would cause it to go up.
Me being curious about what "I missed out on" I did a little investigation.
The coin that started out as a joke and the start of its big success was Elon tweeting about it. Why does it like that coin? IIRC it was something about him liking dogs and memes and that's about it. IIRC the tweets were being investigated by SEC.
As far as I can tell, the only reason the coin has done well is due to all the hype, its fans, the community, and the low price. BTC has a much bigger fan base, community, and hype.
From what I understand, there is not a limited supply of Dogecoin and it can be mined forever(kind of like a currency). I dont really know if that is a good or bad thing, but it doesn't seem like there will ever be a supply and demand variable to push the price up. From my understanding, one Anonymous person owns like 28% of Dogecoin.
I'm pretty certain if Bitcoin crashes so will Dogecoin.
I wonder why Elon's company choose to invest in BTC over Dogecoin and why his company doesn't accept DogeCoin?
It seems Mark Cuban has said in the past, that he acknowledges Doge Coin might not be the smartest investment.
Dogecoin extends its one-month surge to 100% after Elon Musk agrees with Mark Cuban's bullish take on the crypto
Emily Graffeo
Mon, August 16, 2021, 7:23 AM·2 min read
Bitcoin and dogecoin cryptocurrency coins are pictured in Kyiv on 08 July, 2021.
STR/NurPhoto via Getty Images
Dogecoin spiked as much as 16% Monday to $0.351 after Elon Musk and Mark Cuban reiterated their bullish stances on the meme token over the weekend.
The price move brings dogecoin's one-month gain to roughly 100% as it outpaces larger coins like bitcoin and ether.
Dogecoin's continued climb also comes amid a broader cryptocurrency market rally.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
Dogecoin spiked as much as 16% to $0.351 Monday on after receiving praise from some of its most prominent celebrity fans over the weekend.
The meme cryptocurrency has now rallied roughly 100% in the last month, outpacing larger coins like bitcoin and ether.
Dogecoin's spike can be partly attributed to recent chatter from billionaire investor Mark Cuban and Tesla CEO Elon Musk. Cuban announced last week that his NBA team - the Dallas Mavericks - would offer special prices for customers choosing to pay with dogecoin in its summer sale.
The entrepreneur then told CNBC dogecoin is a medium that can be used for the acquisition of goods and services, saying "the community for doge is the strongest when it comes to using it as a medium of exchange."
On Saturday, in response to a CNBC article about Cuban's claims, Elon Musk tweeted : "I've been saying this for a while." The Tesla CEO has long supported dogecoin and the light-hearted, goofy community around it.
Dogecoin's gain also comes amid a broader cryptocurrency market rally. On Sunday, the total value of all cryptocurrencies topped $2 trillion for the first time since May, according to Coinmarketcap.
As 9:55 a.m. ET Monday, Dogecoin traded around $0.3219. It's the first time in nearly two months that the meme token has traded above 30 cents.
Thinking that a thirty cent anything has a better chance of being a better investment than a $45,000 thing is not particularly encouraging. Dogecoin can literally double based on something someone says. I don't believe BC can do that.
Quote: billryanIt seems Dogecoin's users actually use it as a medium of exchange and not a vessel of stored value.
Thinking that a thirty cent anything has a better chance of being a better investment than a $45,000 thing is not particularly encouraging. Dogecoin can literally double based on something someone says. I don't believe BC can do that.
That isn't in direct contradiction to earlier comments? Where you said the coin dropped by half all on the comment of one man Elon Musk?
Quote: darkozThat isn't in direct contradiction to earlier comments? Where you said the coin dropped by half all on the comment of one man Elon Musk?
Please show me where I said that?
In any event, a single bad event could certainly cause bitcoin or any cryptocurrency to drop by half, but no single event can cause bitcoins price to double.
Dogecoin is at a stage where it could easily double in price or be cut in half. Which comes first is pure speculation.
Explain?Quote: billryanIn any event, a single bad event could certainly cause bitcoin or any cryptocurrency to drop by half, but no single event can cause bitcoins price to double.
Dogecoin is at a stage where it could easily double in price or be cut in half. Which comes first is pure speculation.
But Bitcoin did double. It's doubled many times. Or does it only count for you if it doubles over 24 hours?
Quote: OnceDearExplain?
But Bitcoin did double. It's doubled many times. Or does it only count for you if it doubles over 24 hours?
It has now doubled to the point where it is too big. There isn't enough capital for it to double overnight. Doge is still small enough that it can easily double overnight, as it did last week. I can think of a hundred things that might cause dogecoin to go from thirty cents to a dollar. Can you give me one thing that would cause bitcoin to go from $40,000 to $100,000 s a result.
Quote: billryanIt has now doubled to the point where it is too big. There isn't enough capital for it to double overnight. Doge is still small enough that it can easily double overnight, as it did last week. I can think of a hundred things that might cause dogecoin to go from thirty cents to a dollar. Can you give me one thing that would cause bitcoin to go from $40,000 to $100,000 s a result.
Methinks that would be more than doubling.
That pesky math!
Quote: darkozMethinks that would be more than doubling.
That pesky math!
No, it was at $61,000. At a time when the markets are at all-time highs, BC is down 25% from its high.
Quote: billryanIt has now doubled to the point where it is too big. There isn't enough capital for it to double overnight. Doge is still small enough that it can easily double overnight, as it did last week. I can think of a hundred things that might cause dogecoin to go from thirty cents to a dollar. Can you give me one thing that would cause bitcoin to go from $40,000 to $100,000 s a result.
This quote of yours you say there is nothing that will make Bitcoin double.
Then ask for one thing that will make it go from $40,000 to $100,000
How is going from $40,000 to $100,000 doubling?
That's more than doubling.
Are you denying the quote?
$600 Million Drained, Poly Network Defi Hack Eclipses 2021’s Defi Hacks
This week, the blockchain analysis and intelligence company Ciphertrace published a report that shows $474 million was lost to defi-related hacks and fraud. The findings highlight how defi hacks have hit record highs but the Poly Network hack on Tuesday takes the cake.
Around 9:00 a.m. (EDT) the Poly Network’s official Twitter account tweeted about the massive hack. “We are sorry to announce that Poly Network was attacked,” the Twitter account said and explained that the hacker was able to access funds on various chains.
I suspect everyone of those people who just lost over a half a billion dollars thought their accounts were nice and safe. I'm sure the regulating agencies will make them whole.
Quote: darkozThis quote of yours you say there is nothing that will make Bitcoin double.
Then ask for one thing that will make it go from $40,000 to $100,000
How is going from $40,000 to $100,000 doubling?
That's more than doubling.
Are you denying the quote?
What are you arguing about again?
Quote: OnceDearExplain?
But Bitcoin did double. It's doubled many times. Or does it only count for you if it doubles over 24 hours?
You start a class with 100 other people.
On Monday, Pick up a two and a half pound weight. Do one bicep curl and put in down. On Tuesday do the same with five pound weight. On Wednesday do it with a ten pound weight. On Thursday, curl the twenty pound weight. So far it was pretty easy, almost anyone could do it. On Friday comes a forty pound curl and suddenly there are a lot fewer people. Saturday comes and by the grace of God you somehow manage to curl eighty pounds. On Saturday, you walk in and look at the 160 pounds needed to finish and a bystander tells you you got this. You already doubled six times before this. Why is this one any different?
Quote: billryanYou start a class with 100 other people.
On Monday, Pick up a two and a half pound weight. Do one bicep curl and put in down. On Tuesday do the same with five pound weight. On Wednesday do it with a ten pound weight. On Thursday, curl the twenty pound weight. So far it was pretty easy, almost anyone could do it. On Friday comes a forty pound curl and suddenly there are a lot fewer people. Saturday comes and by the grace of God you somehow manage to curl eighty pounds. On Saturday, you walk in and look at the 160 pounds needed to finish and a bystander tells you you got this. You already doubled six times before this. Why is this one any different?
So basically you are arguing because Dogecoin is practically worthless at fifty cents it's a better investment?
Quote: billryanWhat are you arguing about again?
I'm arguing that your thoughts that going from $40,000 to $100,000 is doubling is not correct math.
You know it would be a better response if you just said you were typing fast, it's just a forum and you made a mistake.
You have come down very hard on people who have made a math error. There isn't anything wrong with an occasional booboo.
Just admit you got the math wrong.
Quote: darkozI'm arguing that your thoughts that going from $40,000 to $100,000 is doubling is not correct math.
You know it would be a better response if you just said you were typing fast, it's just a forum and you made a mistake.
You have come down very hard on people who have made a math error. There isn't anything wrong with an occasional booboo.
Just admit you got the math wrong.
Do you really think that I don't know that doubling 40,000 isn't 100,000? Do you think anyone else reading this thought that ? After being shown how wrong you were about what you said about Musk and Cuban, you need to focus on this?
I concede you your irrelevant point. Now you can hold you head up and know with pride you advanced your cause today.
Quote: darkozSo basically you are arguing because Dogecoin is practically worthless at fifty cents it's a better investment?
Where did I ever say it was a better investment. I really wish you'd stop putting words in my mouth. I stated that Mark Cuban and Elon Musk thought it was a better investment. For about the millionth time, In my opinion, buying crypto currency is not investing, it is speculating. I don't speculate. I have no need or desire to speculate.
Dogecoin has more room to grow. Cuban and Musk commented positively on it this week. That surprised me but I'm still not running out and buying any.
Quote: AxelWolfBut you were pretty Negative Nancy on bitcoin when those guys were positive Polly.
Utter bullcrap. I never commented on bitcoin or any cryptocurrency until it was around $60,000 and I all I said then was it seemed like a good time to cash out some profits.
It's bad enough when darkoz says I said something I didn't but when a friend does it, I have to wonder why?
Quote: billryanDo you really think that I don't know that doubling 40,000 isn't 100,000? Do you think anyone else reading this thought that ? After being shown how wrong you were about what you said about Musk and Cuban, you need to focus on this?
I concede you your irrelevant point. Now you can hold you head up and know with pride you advanced your cause today.
Someone had to do it!
