Bitcoin to hit $500,000 mark by 2030?
Poll
 | 12 votes (21.42%) | ||
| | 5 votes (8.92%) | ||
| | 3 votes (5.35%) | ||
| | 3 votes (5.35%) | ||
| | 15 votes (26.78%) | ||
| | 15 votes (26.78%) | ||
| | 3 votes (5.35%) |
56 members have voted
Quote: BTLWII don't own any ripple
I drank all the Ripple I ever bought
Good stuff.. There's nothing like a
Ripple hangover, it's monumental.
SOARED 56% IN ONE DAY (yesterday)
BECOMES 2ND LARGEST CRYPTOCURRENCY BY MARKET CAPITALIZATION
RIPPLE.......................RIPPLE..........................RIPPLE,,,,,,,,,,,,,,,,,,,,,,,,,RIPPLE,,,,,,,,,,,,,,,,,,,,,,,RIPPLE,,,,,,,,,,,,,,,,,,,,,,,,,,,,,RIPPLE................................RIPPLE,,,.....
https://www.cnbc.com/2017/12/29/ripple-soars-becomes-second-biggest-cryptocurrency-by-market-cap.html
Quote: lilredroosterLOOK OUT - HERE COMES.......................................RIPPLE........................RIPPLE.........................RIPPLE...................................................RIPPLE
SOARED 56% IN ONE DAY (yesterday)
BECOMES 2ND LARGEST CRYPTOCURRENCY BY MARKET CAPITALIZATION
RIPPLE.......................RIPPLE..........................RIPPLE,,,,,,,,,,,,,,,,,,,,,,,,,RIPPLE,,,,,,,,,,,,,,,,,,,,,,,RIPPLE,,,,,,,,,,,,,,,,,,,,,,,,,,,,,RIPPLE................................RIPPLE,,,.....
https://www.cnbc.com/2017/12/29/ripple-soars-becomes-second-biggest-cryptocurrency-by-market-cap.html
Yup, yesterday was a pretty nice day with Ripple. It's gone up about 100% in 1 week. I bought it at $0.24 :)
Also looks like I was wrong on BTC. Looks like it's being stagnant around $12k-$14k range. Then again, I can see that, since there are other coins that are superior to BTC (faster transaction, less cost, and other stuffs).
Quote: WizardBitcoin down 33% in five days. I have a bet that it will be below $10,000 at 12:01 AM Jan 1. Looks like I have some hope to finally win a Bitcoin bet.
Have you tried to buy out?
Quote: MaxPenhttps://www.zerohedge.com/news/2017-12-30/australian-banks-reportedly-freeze-accounts-bitcoin-users
If any of you can immediately see that this is a pretty good use case of why Bitcoin is needed, you're really on your way to "getting it".
A central banking authority that A) watches all of your transactions and B) gets to decide who you transact with. Uh, no thanks.
and why shouldn't they be able to gamble on it?
they gamble on just about everything else
wall street has been offering these crazy ass derivatives for decades
who are they to sneer at it?
Quote: RSFalse. The right move is to HODL. Always HODL.
lol... i guess that is subjective to your overall investment goal and strategy. Depending what your risk tolorance is and what % of your portfolio you invested in it. If you don't need the money and you are just letting it all ride because you either A)believe it is a very secure and excellent investment or B)like to gamble and see where it can take you or C) like both. I can appreciate going for it but at the end of the day, the smart investor will always take the profit and ride with house money.... or hedge where appropriate.
Quote: RSFalse. The right move is to HODL. Always HODL.
Quote: WatchMeWinlol... i guess that is subjective to your overall investment goal and strategy. Depending what your risk tolorance is and what % of your portfolio you invested in it. If you don't need the money and you are just letting it all ride because you either A)believe it is a very secure and excellent investment or B)like to gamble and see where it can take you or C) like both. I can appreciate going for it but at the end of the day, the smart investor will always take the profit and ride with house money.... or hedge where appropriate.
Well, yeah, I'm not really saying to always hodl, but the gains have been so small on it, it's not worth pulling anything out yet. I got in at 23.5 cents and it's about 13% of my portfolio.
IMO, there's so much money in riding the ups and downs, getting a 700% gain on a coin isn't really that much. Look at what some of the coins were worth 1 year or even 6 months ago. I'm not cashing out with small profits, especially since I'm well diversified (IMO). Now, if you have a huge amount of your portfolio in a single coin, then I don't think it really matters if you cash out or not, since (IMO), you're just doing it wrong.
Quote: RSFalse. The right move is to HODL. Always HODL.
HODL is something you do in your
car on the way home when you have
to take a crap. Doing it with dodo
currency is dum dum..
Quote: EvenBobHODL is something you do in your
car on the way home when you have
to take a crap. Doing it with dodo
currency is dum dum..
???
Quote: RSgetting a 700% gain on a coin isn't really that much
to you. but in South Korean the frenzy is so strong a lot of them are putting their life savings into it. Put the equivalent of $100K U.S. and walk away with $800K.
Not too shabby.
But do they trade efficiently?
Probably very few do.
Quote: RS???
Really, I have to explain it? HODL means
'hold', that's what you do with your bowels
on the way home. It's not something you
do with dumbo dopey fake money.
Quote: EvenBobReally, I have to explain it? HODL means
'hold', It's not something you
do with dumbo dopey fake money.
why not?
wall street suits have been doing it with dumbo fake stuff for generations
quite a few of them have made a fake fortune
Quote: lilredroosterto you. but in South Korean the frenzy is so strong a lot of them are putting their life savings into it. Put the equivalent of $100K U.S. and walk away with $800K.
Not too shabby.
But do they trade efficiently?
Probably very few do.
Well yeah, if a large portion of your money is in one coin, sure....but I also think putting that much into a single crypto is pretty stupid, at least for most people in most situations. If you're gonna put your life savings into just one or two coins, do whatever ya want.
Quote: EvenBobReally, I have to explain it? HODL means
'hold', that's what you do with your bowels
on the way home. It's not something you
do with dumbo dopey fake money.
Do you know what you're talking about or just saying stupid s*** to hit 40k posts?
Quote: RSDo you know what you're talking about or just saying stupid s*** to hit 40k posts?
Do I know about holding onto fake
currency? You betcha, did it for
20 years. Buy an antique or
collectible and it goes up in value,
maybe. What to do, what to do.
Many people hold and hold and
hold, and the highest value comes
and goes goes goes. I always sold
at a profit when I could because
it was fake currency, you never knew
what the future held. I know so
many people that lost their asses in
so many categories because of greed.
You can justify all this fake currency
that's the rage, and it's still fake. The
future usually isn't kind to these things.
Quote: EvenBobDo I know about holding onto fake
currency? You betcha, did it for
20 years. Buy an antique or
collectible and it goes up in value,
maybe. What to do, what to do.
Many people hold and hold and
hold, and the highest value comes
and goes goes goes. I always sold
at a profit when I could because
it was fake currency, you never knew
what the future held. I know so
many people that lost their asses in
so many categories because of greed.
You can justify all this fake currency
that's the rage, and it's still fake. The
future usually isn't kind to these things.
That's my take, too. It started around 1k beginning of the year. 1000%+ gain on an investment in 1 year
is time to get at least your investment out. I'd sell it all, but then I was too chicken to put the money up a year ago, so what do I know? If you have it to throw away, so be it, but you've already won.
Quote: beachbumbabs
is time to get at least your investment out.
Never underestimate the monumental
greed that runs many (most?) peoples
lives. They will hold onto something in
a kind of paralysis. They want to sell,
but what if it goes up after they do?
A good profit isn't enough, they want
ALL the profit possible.
You see this mentality in the casino
every time you go. A ploppie will get
$400 ahead on a slot, and sit there and
keep playing because he wants $800.
So of course he leaves with nothing.
I will always take a profit and quit, that's
what makes me a good gambler. I control
every aspect of it and it controls none of
me.
LMAO. Thank you for my best laugh so far this year.Quote: EvenBobI will always take a profit and quit, that's
what makes me a good gambler. I control
every aspect of it and it controls none of
me.
Is it to soon to nominate post of the year?
Quote: OnceDearLMAO. Thank you for my best laugh so far this year.
Is it to soon to nominate post of the year?
So you know my habits better than I
do. Wow. I don't know you at all.
Are you a man or a woman, I can't
tell from your pic.
http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
Kind of lends credence to my developing theory that Bitcoin is an agency creation for nefarious purposes.😜
https://www.nytimes.com/2018/01/02/business/dealbook/2018-business-trump.html
https://www.washingtonpost.com/news/...=.4f57ce6ae8eb
Quote: lilredroosterBitcoin just jumped up because Peter Thiel a major Wall Street figure and manager of a venture capital firm just loaded up on Bitcoin.
https://www.nytimes.com/2018/01/02/business/dealbook/2018-business-trump.html
Isn't that one of the biggest problems with the entire crypto space? Marc Cuban hurt the stock by putting out a negative tweet a few months back and now Thiel simply purchasing made it jump. One person should not be able to manipulate the market so greatly.
My UNEDUCATED opinion is that crypto currencies will destroy many many lives and economies in due time. We are literally seeing alt coins and mining operations being set up daily.
The US dollars, up to the early 1970's, was backed by gold and now by people's faith in the government. There is nothing, tangible or otherwise, giving credibility to Bitcoin. It's backed by investor greed and nothing more.
Huge stock market winners of the past, such as WMT, MSFT, etc. had products, innovation, amongst other things which cannot be found in Bitcoin.
Just as in a classic Pyramid scheme, the first people in have made their money (as evidenced by a simple glance at it's price chart) and the last ones in are going to be left holding the bag.
I'll take an established stock that pays a 2% dividend, thank you very much.
Quote: bobbartopSomething today about South Korea banning cryptos.
I saw that on the news a few days ago.
Quote: GWAEI saw that on the news a few days ago.
It was supposedly improperly reported at first. The first reports were that they were going to ban crypto. as a whole This caused a pretty healthy dip in the prices. Then the truth came out that they were only going to ban anonymous transaction. As a result of the corrected report, the prices apparently went back up beyond that from before the dip.
More outrageous fluctuations.
Quote: mrsuit31It was supposedly improperly reported at first. The first reports were that they were going to ban crypto. as a whole This caused a pretty healthy dip in the prices. Then the truth came out that they were only going to ban anonymous transaction. As a result of the corrected report, the prices apparently went back up beyond that from before the dip.
More outrageous fluctuations.
I am so ignorant when it comes to crypto. I didn't know there were others that werent anonymous. I thought they all were.
Quote: GWAEI am so ignorant when it comes to crypto. I didn't know there were others that werent anonymous. I thought they all were.
Nope! Bitcoin isn't even anonymous but you constantly hear people say it is.
Quote: rainmanNope! Bitcoin isn't even anonymous but you constantly hear people say it is.
Transactions are obviously logged in a public ledger, but have fun finding out who 1F1tAaz5x1HUXrCNLbtMDqjsk9o5GNn4xqX is without old fashioned detective work.
Quote: gamerfreakTransactions are obviously logged in a public ledger, but have fun finding out who 1F1tAaz5x1HUXrCNLbtMDqjsk9o5GNn4xqX is without old fashioned detective work.
Damn, that person is anonymous! Even the blockchain can't him....suspicious.
https://blockchain.info/search?search=1F1tAaz5x1HUXrCNLbtMDqjsk9o5GNn4xqX
Quote: RSDamn, that person is anonymous! Even the blockchain can't him....suspicious.
https://blockchain.info/search?search=1F1tAaz5x1HUXrCNLbtMDqjsk9o5GNn4xqX
Yea I made up the address so if I actually got one that existed I need a powerball ticket ASAP
Fear not. #HODL
Quote: RSCryptos goin' cray-cray right now.
Fear not. #HODL
BUY MOER!
Quote: RSWell, yeah, I'm not really saying to always hodl, but the gains have been so small on it, it's not worth pulling anything out yet. I got in at 23.5 cents and it's about 13% of my portfolio.
IMO, there's so much money in riding the ups and downs, getting a 700% gain on a coin isn't really that much. Look at what some of the coins were worth 1 year or even 6 months ago. I'm not cashing out with small profits, especially since I'm well diversified (IMO). Now, if you have a huge amount of your portfolio in a single coin, then I don't think it really matters if you cash out or not, since (IMO), you're just doing it wrong.
Sold half the other week as discussed. About to buy more very soon.
However, I bet it makes all the "I told you so" people happy. They get their day. My portfolio is down $160,000 from 3 days ago. Boo hoo, I'm only up $280,000 on my $50,000 into Crypto after 7 months. Yep you told me.
Hope you still have some Wizcoins out there. $9570 ATM. [edit accelerating downwards. . . $9420 . . .]Quote: WizardBitcoin is falling like a Lead Zeppelin today. Around $10,300 as I write this and falling about 100 points per hour. Always knew this bubble would pop, the only question was when.
Timing is everything, isn't it. No point being totally right at totally the wrong time.
Anyone seen that the BitConnect scam has shut up shop. Their 'BitconnectCoin' currency has fallen from a high of about $550 to less than $6, ( it was >$200 yesterday!). On their own exchange, That is no longer trading they show it's value as $203.
LMAO @ Bitconnect victims.
https://www.coingecko.com/en/price_charts/bitconnect/usd Click on 'max' button for the full, gory detail.
And even now there are still morons in the market that see that as a blip and drove the price up to $12.Quote: OnceDear'BitconnectCoin' currency has fallen from a high of about $550 to less than $6
There really is one born every minute.
A spectacle to behold.
Wizard you are only 17 days late on your bet.
It was a bloody masterstroke of ZK's to short sell them so close to the peak. I wonder if he closed out his position yet or is he waiting till they go much lower to maximise his profit. I hope he stays hydrated and didn't get too greedy.Quote: GWAE9433 atm, good thing you all listed to ZK and sold it at 15k
With his spot on analysis, his profit potential was almost limitless.
Well done ZK.* Can I borrow your yacht one day?
I wasn't stupid: I took my investment out of those risky bitcoins and bought BitConnect coins. [Didn't really]
Currently got an eye on these, which have halved in price after Christmas.
*Or did he not have the courage of his convictions
Quote: OnceDearHope you still have some Wizcoins out there. $9570 ATM. [edit accelerating downwards. . . $9420 . . .]
Timing is everything, isn't it. No point being totally right at totally the wrong time.
Anyone seen that the BitConnect scam has shut up shop. Their 'BitconnectCoin' currency has fallen from a high of about $550 to less than $6, ( it was >$200 yesterday!). On their own exchange, That is no longer trading they show it's value as $203.
LMAO @ Bitconnect victims.
https://www.coingecko.com/en/price_charts/bitconnect/usd Click on 'max' button for the full, gory detail.
Back to $14.02. Millions being made and lost every 15 seconds.
