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onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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April 8th, 2020 at 10:54:17 PM permalink
Quote: rainman

Nothing wrong with crypto, nothing wrong with a little humor at your expense no offense.


I'd not want you suspended. I want you to live with ZK and get bedbugs.
In the land of the blind, the man with one eye is the care taker. Hold my beer.
rainman
rainman
Joined: Mar 28, 2012
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April 8th, 2020 at 11:13:28 PM permalink
Quote: onenickelmiracle

I'd not want you suspended. I want you to live with ZK and get bedbugs.



lol, now your talking. Me and the king in some bedbug infested dump.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 209
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April 9th, 2020 at 1:17:05 AM permalink
Quote: rainman

lol, now your talking. Me and the king in some bedbug infested dump.

I totally ripped myself off so many times by selling, then trying to get back into the fake craptocurrencies they have there. I think every time I got in and out, $50 gone at least. The last time I bought, the price was $40 over the stated average, every time I sell, way less. It's nuts.. I could have put in limit orders, but I didn't realize it was that bad. The system is kind of inefficient for limit orders, you put them in and they are not kept in view, it's a mess, and then you don't know if the order is being filled or the market has moved so much already. I can see the graphs showing some waves as things move, but nowhere close to the prices paid or sold. I saw $7280, my order was bought at $7307, and the same when selling, it comes out higher. It's inexplicable to me, seems shady af. It'll be such a pain in the butt to even prove being robbed blind. I really think it's fraudulent with all my heart. Would make sense for them to rip people off without regulating agencies being involved and them self-policing. Beginning to think them running this off interest is bs.

It's a complete joke for them to even say it's BTC, BCH, or anything, you are not really buying the craptocurrencies, they will not give you them. It's like they're selling you the moon or Venus. I can't believe I fell for this scam. Any profits are lowered and any losses are increased by them somehow intentionally giving you the worst possible price they can it seems. It's pretty bad when you can't even believe your eyes, as soon as you buy, you see you're already down $20-$50 sometimes when it's only supposed to be $4 a BTC. It's honestly sick and I definitely got mad as hell.
In the land of the blind, the man with one eye is the care taker. Hold my beer.
rainman
rainman
Joined: Mar 28, 2012
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April 9th, 2020 at 11:40:32 AM permalink
Trades on any platform are not processed instantly your actually waiting in line & the price is
constantly fluctuating. As far as high fee's I wouldn't know as I'm not using Hood or trade Crypto.

Most platforms have free stock & ETF trades except penny stocks & I bet the Crypto has excessive fee's no matter
who your using.
Suited89
Suited89
Joined: Dec 23, 2019
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April 9th, 2020 at 12:31:09 PM permalink
In as much as most people think Bitcoin is an 'intangible', consider the daily price as equal to the amount of electricity (based upon computing costs) necessary to produce 1 Bitcoin. In short work MUST be performed, and that work has a cost.

Suited89
some people need to reimagine their thinking
CasinoResearch
CasinoResearch
Joined: Mar 29, 2020
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April 9th, 2020 at 1:12:40 PM permalink
Very interesting take I have never seen before. I'd be interested to see what type of costs are associated when multiplying the fractions of a cent by a ridiculous amount of times.
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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April 9th, 2020 at 2:13:08 PM permalink
Quote: billryan

Speaking only for myself, I buy stock in companies that make products I use.
Harley, Tesla, ATT, Disney, WWE, some cable companies and their spinoffs.
I tend to stay away from companies who wander far from their original status.
If a company started as a telephone provider but is now manufacturing refrigerators, I tend to stay away.
I'm a Ronco style investor. I set it and forget it.

i forget the technical term for this, it presumes that any consumer making decisions for his own purchases will be representative of the market and no worse a judge than some market analyst. The 'shoemaker, stick to your last' aspect is a great, but sensible, contrast to the conglomerate acquisition binge that investors used to favor.
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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April 9th, 2020 at 2:16:42 PM permalink
Quote: Suited89

In as much as most people think Bitcoin is an 'intangible', consider the daily price as equal to the amount of electricity (based upon computing costs) necessary to produce 1 Bitcoin. In short work MUST be performed, and that work has a cost.

I thought bitcoins were already mined and that most such mining used stolen cpu cycles often from infected servers unaware that they have been compromised.

So is STOLEN electricity a product cost????????
billryan
billryan
Joined: Nov 2, 2009
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April 9th, 2020 at 2:44:55 PM permalink
Quote: FleaStiff

i forget the technical term for this, it presumes that any consumer making decisions for his own purchases will be representative of the market and no worse a judge than some market analyst. The 'shoemaker, stick to your last' aspect is a great, but sensible, contrast to the conglomerate acquisition binge that investors used to favor.



In some cases, being a consumer of these stocks can tip you off to situations. I used to own stock in JCPenny and ordered a dozen or so polo shirts each year. When I received some shirts that were markedly inferior to their old products, it gave me a heads up something wasn't right.
About 30 years ago, one of my friends was a rising star at a defense company. He headed a project that had something to do with the next generation swift boats for the Navy. The company went on a buying binge and the next project his team worked on was heads for aluminum golf clubs. They never got it right and the company lost a fortune. His star sunk as fast as it rose, all because some suit thought a company whose bread and butter was building weapons should expand to sporting goods.
Remember when someone thought Harley and AMF were a good match for each other.
Last edited by: billryan on Apr 9, 2020
DRich
DRich
Joined: Jul 6, 2012
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Thanks for this post from:
AxelWolf
April 9th, 2020 at 2:48:02 PM permalink
Quote: billryan

In some cases, being a consumer of these stocks can tip you off to situations. I used to own stock in JCPenny and ordered a dozen or so polo shirts each year. When I received some shirts that were markedly inferior to their old products, it gave me a heads up something wasn't right.



I am a big believer in investing in companies whose products I use and like.
Living longer does not always infer +EV

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