Bitcoin explosion and ALT coins thread

[THC]

Why even bother putting money if it's going be $5? Is your goal to reach $10 so you can buy a meal or something? Lol

I'm going to keep adding small amounts to 5 different things.... I get paid very very little, trying to save to back to an expensive city, and my sons mother is about to come at me hard with legal shit.

 

[THC]

Or is it gonna crash more?

DAMN man i should have invtestd in 2013 when my old coworker told me. He hasnt had to work for years now fml

I bought $38 worth of bitcoin 3-5 years ago (can't remember) to but a sample of LSD off the dark web. But I couldn't remember where I bought and still have no idea. I could be worth $125 now but we'll never know.

 

[Drain Bamage]

I bought $38 worth of bitcoin 3-5 years ago (can't remember) to but a sample of LSD off the dark web. But I couldn't remember where I bought and still have no idea. I could be worth $125 now but we'll never know.

I'm talking about back in 2012-2013. My buddy invested like I think $5k in bitcoin and now he's a millionaire i believe. Guy didnt even go to college lmao...


Hey do you guys think its possible bitcoin could cause inflation / devalue the dollar if too many people get rich off it?

 

[therealdope]

[QUOTE="Drain Bamage, post: 163175708, member: 526601"
Hey do you guys think its possible bitcoin could cause inflation / devalue the dollar if too many people get rich off it?[/QUOTE]

Wouldn't bitcoin millionaires cashing out create a demand for dollars since someone cashing out of BTC would need hard currency top buy things?

 

[MIKOM]

you mean bank backed vehicles to help make using bitcoing mainstream?

Yes. Onramps for the mind for those unused to tokenization (like the change from writing checks to paying by debit card tap).
Ease of swap from the a government or bank token to the BTC token (much simpler to go from token to token than cash to token) and there will be bank based custodial services for bitcoin also.... this is just the start.

 

[rj144]

[QUOTE="Drain Bamage, post: 163175708, member: 526601"
Hey do you guys think its possible bitcoin could cause inflation / devalue the dollar if too many people get rich off it?

Wouldn't bitcoin millionaires cashing out create a demand for dollars since someone cashing out of BTC would need hard currency top buy things?[/QUOTE]

Random derail, but I see you also have Cyberrubberduck's quote in your signature. He was debating me in that thread. What a tool that guy is.

 

[therealdope]

Random derail, but I see you also have Cyberrubberduck's quote in your signature. He was debating me in that thread. What a tool that guy is.

yup, that's the thread. You know, you could learn a thing or two about classical mechanics from Cyberduck!!

 

[Wreckless]

I'm going to keep adding small amounts to 5 different things.... I get paid very very little, trying to save back to an expensive city, and my sons mother is about to come at me hard with legal shit.

I feel like an asshole for my comment now lol.

But yea, Bitcoin and Ethereum seem to be the best ones to invest into. I'm still new to this but it seems like most people don't really invest in the smaller coins because of their high probability to fail.

 

[Wreckless]

I want to invest more but both Ethereum and Bitcoin or on the rise dammit. Waiting for a dip.

 

[Dark One]

You basically won a slot machine jackpot. So keep the money or put it back in the machine?

 

[BitFlip]

I've invested all my bitcoins in drugs.

 

[THC]

I feel like an asshole for my comment now lol.

But yea, Bitcoin and Ethereum seem to be the best ones to invest into. I'm still new to this but it seems like most people don't really invest in the smaller coins because of their high probability to fail.

You good homie I didn't take it too harshly. $5 ain't gonna do shit but going to keep adding when possible. I put $50 on BC, $5 on Ethereum (def putting more here asap), and $5ea in Tesla, AT&T, and some gold trust. Going to try hard to locate the fraction of BC I purchased a few years ago.

I'm very new to this as well and my last boss tried to get me to invest a few years ago. I REALLY want to invest in gold/silver.

 

[rj144]

I just keep on extracting to 200% return. I've been doing it 2 to 4 times a day for the last week and a half or so.

I got my total investment out plus about 20%ish already. And, I still have 200% of my total investment in there.

 

[Wreckless]

You good homie I didn't take it too harshly. $5 ain't gonna do shit but going to keep adding when possible. I put $50 on BC, $5 on Ethereum (def putting more here asap), and $5ea in Tesla, AT&T, and some gold trust. Going to try hard to locate the fraction of BC I purchased a few years ago.

I'm very new to this as well and my last boss tried to get me to invest a few years ago. I REALLY want to invest in gold/silver.

I wish I would have invested years ago as well.

Good luck with your investments. Hopefully we all get a profit out of this.

 

[therealdope]

Here is my dumb FOMO story.

I was a user of NeXT computers and when Steve Jobs came back to Apple one of the first things he did was buy NeXT computers. I had $5000 and wanted to invest it in Apple but my broker buddy talked me out of it based on the shit talking that Michael Dell was laying on Apple.

Apple 1997 stock price (adjusted for splits): $0.16
Apple stock price now: $131.

That $5000 investment would have been worth $4.1m today.

This is (sadly) a true story.

 

[Henry Swanson]

Here is my dumb FOMO story.

I was a user of NeXT computers and when Steve Jobs came back to Apple one of the first things he did was buy NeXT computers. I had $5000 and wanted to invest it in Apple but my broker buddy talked me out of it based on the shit talking that Michael Dell was laying on Apple.

Apple 1997 stock price (adjusted for splits): $0.16
Apple stock price now: $131.

That $5000 investment would have been worth $4.1m today.

This is (sadly) a true story.

My cousin wanted to put his graduation money(around 2k) towards Apple stock back in 2001 but but his dad told him not to.

 

[therealdope]

My cousin wanted to put his graduation money(around 2k) towards Apple stock back in 2001 but but his dad told him not to.

I hope he killed his dad.

 

[THC]

I wish I would have invested years ago as well.

Good luck with your investments. Hopefully we all get a profit out of this.

Thanks! You too man. We'll celebrate once we hit 1 bitcoin.

What I need to know when is the best time to invest more into something you've already got? If you wait until it hits a low, wouldn't everything you already have invested be less valuable? Sorry if that's confusing this Delta8 hit me hard.

 

[Wreckless]

Thanks! You too man. We'll celebrate once we hit 1 bitcoin.

What I need to know when is the best time to invest more into something you've already got? If you wait until it hits a low, wouldn't everything you already have invested be less valuable? Sorry if that's confusing this Delta8 hit me hard.

The best time to invest is when the value of the crypto drops. Because when the value of that crypto rises again what you invested will be worth much more.

If you invest when the value is high, then there's a good chance that the value drops again which will make you lose money if you want to sell it.

But when it comes to bitcoin, even though there's been ups and down, in the end it has been steadily rising. So if you're looking to invest for the long term than it doesn't matter as much what the value of bitcoin is right now because there's a good chance 2-3 years from now it will be worth more. Same with Ethereum.

But that's just pure speculation. This whole thing could blow up and might end up being worth nothing. So it all depends on how you see it.

 

[Cool Hand Luke]

I just keep on extracting to 200% return. I've been doing it 2 to 4 times a day for the last week and a half or so.

I got my total investment out plus about 20%ish already. And, I still have 200% of my total investment in there.

I finally sold all my doge, half at 0.0055 or so and the other at a penny. its been under a penny for a few days now so i'm hoping i made the right call.

i'm not certain what to do with my bitcoin - i'm sitting at nearly 5x profit and i feel like we are so close to the next peak