Bitcoin currency of the future?

[SwamiLeoni]

It is 100% gambling. Tony Robbins and Mark Cuban got it right. Any money you put in crypto should be money you can afford to lose. You must assume it to be a loss from the start.

Robbins said he invests 10% max of his portfolio for high risk investments. like crypto. which he doesnt invest in but fits in the 10% gambling category.

Everything I’ve read about high stakes investment has said the same thing you mentioned. There’s a sea of red right now and that 10% would be a good time to get in. It wasn’t as bad as yesterday, but it’s not a bad time.

 

[xcvbn]

The market is full of more cons than ever but it is a good time to get into? My fuckin God. I thought the truth might finally sink in but I guess not. Hope you lose everything cuz you deserve to.

The only difference between crypto and traditional stocks is things move much more quickly- up or down. Typical investors never have much say or control it's just about getting in and out at the right times.

And why are you so angry? If you missed out or got burned, it's going to be okay. Just hang in there little buddy.

 

[Ken Fresno]

It is 100% gambling. Tony Robbins and Mark Cuban got it right. Any money you put in crypto should be money you can afford to lose. You must assume it to be a loss from the start.

Robbins said he invests 10% max of his portfolio for high risk investments. like crypto. which he doesnt invest in but fits in the 10% gambling category.

This is a Craps thread and you're a Pai Gow player. If you can't handle the gamble, GTFO

And which Tony Robbins seminar did you get that advice at, you miserable bastard.

 

[SwamiLeoni]

70 pages chalk full of arguing about cryptos future. We should be discussing tech and why we like it. Here, I’ll start. This guy built a REQ iOS prototype and I think it’s amazing. One reason why I’m heavily invested in REQ. I feel like REQ will have massive returns in 2018. It's got a working product (unlike Cardano) it's got a fantastic use-case and they meet their road map dates. Currently sitting at $.29.

But don't take my word for it, do your own research!

 

[Tamriel Terror]

70 pages chalk full of arguing about cryptos future. We should be discussing tech and why we like it. Here, I’ll start. This guy built a REQ iOS prototype and I think it’s amazing. One reason why I’m heavily invested in REQ. I feel like REQ will have massive returns in 2018. It's got a working product (unlike Cardano) it's got a fantastic use-case and they meet their road map dates. Currently sitting at $.29.

But don't take my word for it, do your own research!

Yea I saw quite a few people talking about REQ. I only have like $250 in it, but I keep hearing about how alot of people think it will explode in 2018. I may end up putting some more $$$ into it.

 

[Der Eisbär]

It is 100% gambling. Tony Robbins and Mark Cuban got it right. Any money you put in crypto should be money you can afford to lose. You must assume it to be a loss from the start.

Robbins said he invests 10% max of his portfolio for high risk investments. like crypto. which he doesnt invest in but fits in the 10% gambling category.

Any investment is a gamble you fuckin goon.

On one side you have JonesBones... a raving lunatic criticizing everything about Crypto's

On the other side you have Der Eisbar... a raving lunatic promoting everything about Crypto's

And then you have Swami, lending balanced measured insights with more experience than both of them... listen to Swami is my point.






PS. Don't forget Zazen, he's boasting 300% returns on $27 investments and just wants everyone to be really nice to him.

I am a firm believer in the block-chain and other emerging tech related to it like tangle. This is a cryptocurrency thread. Fuck off.

 

[SwamiLeoni]

Yea I saw quite a few people talking about REQ. I only have like $250 in it, but I keep hearing about how alot of people think it will explode in 2018. I may end up putting some more $$$ into it.

I'm bullish on it. The fact that it's easy to use and the tokens increase in value as they're burned for using the network is a plus for me. I try to only hold a specific amount of coins so I don't have to juggle so many different exchanges. REQ is a coin I'm 75% confident in. QASH is a coin that I'm floating at 60%. Much bigger risk IMO. But if the World Book is a success, it may take off.

Another coin I see big gains for in 2018 is NEO. I still feel like it's a steal at sub $70.

 

[Tamriel Terror]

I'm bullish on it. The fact that it's easy to use and the tokens increase in value as they're burned for using the network is a plus for me. I try to only hold a specific amount of coins so I don't have to juggle so many different exchanges. REQ is a coin I'm 75% confident in. QASH is a coin that I'm floating at 60%. Much bigger risk IMO. But if the World Book is a success, it may take off.

Another coin I see big gains for in 2018 is NEO. I still feel like it's a steal at sub $70.

Yea I also have some in NEO (around $470), so around 6.65 coins worth.

 

[SwamiLeoni]

Yea I also have some in NEO (around $470), so around 6.65 coins worth.

Should be a Top 10 coin IMO.

 

[JonesBones]

The only difference between crypto and traditional stocks is things move much more quickly- up or down. Typical investors never have much say or control it's just about getting in and out at the right times.

And why are you so angry? If you missed out or got burned, it's going to be okay. Just hang in there little buddy.

The difference is that Apple and Tesla aren't gonna fuckin collapse tomorrow. They are real companies that create things.

lol at me missing out. I'm making real money, not this pixie dust you guys put in coinbase and kraken.

 

[Tamriel Terror]

Should be a Top 10 coin IMO.

Its pretty amazing though that all it takes is one of the coins and we could have small fortunes.

In Binance I have money in (Tron, VeChain, Request Network, Power Ledger, Agrello, Ethos, Ark, and NEO). If only one of those blows up it'll be amazing for me.

 

[JonesBones]

How about you go fuck yourself you loser. Bitcoin was just 20,000 and it dropped to 16k. YOU BUY ON THE DIPS, DURRRRRRR. There's nothing in the least bit controversial about saying that. Fuck. Off.

"Its not a good time to get into cryptos" orly? Is that why the market just doubled its market cap from 300 to 600 billion in less than a month? Keep sitting on the sidelines talking ignorant bullshit while the rest of us make money. Why the fuck do you come into a crypto thread and spew your toxic anti crypto nonsense?

lol at buying during the dips. the biggest exchange doesnt let you buy during those dips you dope. lol. Or let you sell when it is high. They were just busted for manipulating the price. (which I already knew before it was made public) Great news for Bitcoin and crypto.

Again, read these topics. It has been like this for months. Ripping people off.

https://www.reddit.com/r/CoinBase/

Also you said tulips have no value. People actually sell tulips. You can get cash for them too.

This is your market:

 

[Gregolian]

The one thing in my reading that I like about these crypto currencies is you can buy fractions of a full "coin" essentially.

 

[JonesBones]

This is one of many stocks that jumped on the crypto train. This biotech company just announced they were blockchain and sky rocketed since. This isn't even the one the SEC halted but is just as fraudulent:

 

[Der Eisbär]

lol at buying during the dips. the biggest exchange doesnt let you buy during those dips you dope. lol. Or let you sell when it is high. They were just busted for manipulating the price. (which I already knew before it was made public) Great news for Bitcoin and crypto.

Again, read these topics. It has been like this for months. Ripping people off.

https://www.reddit.com/r/CoinBase/

Also you said tulips have no value. People actually sell tulips. You can get cash for them too.

This is your market:

Yeah, because coinbase is the only exchange or something right? One exchange has a problem handling volume and your response is "hurr durr! Cryptos are done for!! I TOLD you!!". If an exchange having problems was the basis for your argument against investing you would think you would mention mt gox being hacked and shut down. But then you would also be forced to recognize that the largest exchange in the world being hacked and millions being stolen didn't stop cryptos. Derp derp derp

 

[JonesBones]

I find it funny that the most shady stocks are crypto stocks. hmm....

 

[JonesBones]

Yeah, because coinbase is the only exchange or something right? One exchange has a problem handling volume and your response is "hurr durr! Cryptos are done for!! I TOLD you!!". If an exchange having problems was the basis for your argument against investing you would think you would mention mt gox being hacked and shut down. But then you would also be forced to recognize that the largest exchange in the world being hacked and millions being stolen didn't stop cryptos. Derp derp derp

It was the most popular app in the app store and is a con.

There is another issue. Security. Another strike against bitcoin. You are making my own arguments for me.

 

[rj144]

The difference is that Apple and Tesla aren't gonna fuckin collapse tomorrow. They are real companies that create things.

lol at me missing out. I'm making real money, not this pixie dust you guys put in coinbase and kraken.

If you're diversified among everything (stock, bonds, gold, silver, IRA, and cryptos), and you're diversified in cryptos itself (have many different cryptos), you have hedge after hedge built in to your portfolio. This is exactly what I've done (and I also have a pension) and I'm pretty safe in almost every scenario.

If you're 100% in stocks, you have to be diversified. But even then, look at 2007. And it's not likely, but huge companies can be gone tomorrow... look at Lehman Brothers. It collapsed in a few days and no one would have though that was possible a few weeks before that.

 

[JonesBones]

If you're diversified among everything (stock, bonds, gold, silver, IRA, and cryptos), and you're diversified in cryptos itself (have many different cryptos), you have hedge after hedge built in to your portfolio. This is exactly what I've done (and I also have a pension) and I'm pretty safe in almost every scenario.

If you're 100% in stocks, you have to be diversified. But even then, look at 2007. And it's not likely, but huge companies can be gone tomorrow... look at Lehman Brothers. It collapsed in a few days and no one would have though that was possible a few weeks before that.

Well this is another subject but Mark Cuban said diversification is for idiots. Because you are just spraying and praying. You don't know what you are actually good at. What your trading edge is.

I am a student of Taleb and he brings that up. How if you look back at the DOW or S and P decades ago, few companies remain.

 

[Der Eisbär]

It was the most popular app in the app store and is a con.

There is another issue. Security. Another strike against bitcoin. You are making my own arguments for me.

It's a con because why? Because you said so? How is it a con when they're in compliance with the IRS and US regulators and have one of the only licenses for trading in crypto? You literally have no idea what you're talking about. Their issue isn't that they're a con. Their issue is that they aren't scaling fast enough to keep up with the volume and uptick in traffic.

Bitcoin security isn't an issue. Exchange security can be an issue. You do understand that holding bitcoin on an exchange isn't the same as holding the bitcoin personally, right? They're actually two different things, you get that, right?