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04-13-2018, 09:47 PM | #51 |
I need a beer
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04-13-2018, 11:23 PM | #52 | |
Living The Dream
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20k by the end of the year is doable since it's only April and eight months to go. But that would mean more than doubling its' current evaluation. If that happens WHOOSH all of a sudden (again) then that would be surprising. Instead I suspect a slow creeping up over time then a natural mini-whoosh around the Holidays.
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04-14-2018, 12:49 AM | #53 | |
So Fucking Banned
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Bitcoin is new, it's finite yet not even done yet being fully created. "A smart investor" --- a SMART investor would rip into bitcoin and make massive gains on every rise and fall. Good you got out Bitcoin is not for everyone. |
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04-14-2018, 09:28 AM | #54 |
So Fucking Banned
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I love how everyone knows exactly what a smart investor would do, but no one ever does it
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04-14-2018, 01:10 PM | #55 |
I have a plan
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I get all my investment advice from the GFY genius bar. These guys (girls and my transgender friends) are so fucking smart! What I've learned so far? Buy low and sell high and make a profit then whine about it for a while. Then, with your new cred, advise others. It's a win-win for everyone.
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04-14-2018, 01:20 PM | #56 | |
Living The Dream
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04-15-2018, 03:23 AM | #57 |
So Fucking Banned
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I take all my advices from GFY. Seems like very strong supporters here
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04-15-2018, 09:45 AM | #58 |
Living The Dream
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Going up up up!!
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04-15-2018, 12:06 PM | #59 |
Geo Cities
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How did little Johnny loose all his money? He took financial advise form a online forum called GoFuckYourself
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04-15-2018, 01:09 PM | #60 |
Living The Dream
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That would make a great Lifetime movie. LOL
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04-15-2018, 03:18 PM | #61 |
So Fucking Banned
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I have changed my opinion.
I am punting on $20k by Oct 2018 and $28k by end of year |
04-15-2018, 03:29 PM | #62 |
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It's impossible to predict. The only thing I feel confident about is Videocoin. What other crypto would cancel an ICO because they got enough cash from institutional investors? It shows the big boys believe in it (and they're smarter investors than me) and that it's not a cash grab.
Bitcoin? Who knows. It has no compelling use case other than crime and tax evasion. |
04-15-2018, 03:38 PM | #63 |
So Fucking Banned
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04-15-2018, 03:40 PM | #64 |
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04-15-2018, 04:41 PM | #65 | |
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There are two benefits to Bitcoin: 1. Anonymity 2. Limited supply Even if #1 is closed by Governments #2 would still apply. L imited supply often = $$$$$.
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04-15-2018, 05:15 PM | #66 | |
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That's why I'm into utility tokens, like Videocoin and Ethereum, which carry an intrinsic value: You can exchange them for some form of distributed computing power. Blockchain is an amazing technology that enables decentralized, trustless contract settlement. However, by itself, there's not any inherent use for it. Even fiat has an inherent use/intrinsic value--it's legal tender for all debts private and public. If I owe you money and try to give you fiat to cancel the debt, you legally can't tell me no. If I owe you money, bitcoin is useless if you won't accept it. I have to convert it to fiat. |
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04-15-2018, 05:35 PM | #67 | |
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This is why Bitcoin is worth 20x or so what Ethereum is worth. That should tell you something. In other words, no one ever went broke underestimating the intelligence of the average person. Having said all that, 'value" is what we place on it. What you said in the beginning could be applied to gold as well. Gold is just a metal, after all. But it is its' scarcity, difficulty to mine/acquire and shiny brilliance that makes us humans attach value TO IT. It has no inherent value except for certain scientific uses etc. My point? Once enough people/institutions/governments adopt block chain technology Bitcoin - and perhaps a handful of others - will become "legitimate". In the next decade or so everything will be digital anyway. Crypto will be just another option to pay or investment to buy on an exchange.
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04-16-2018, 06:02 AM | #68 |
Nick Baer
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BTC is $7,900.
Please get it back above $17,000 (mid-Dec 2017) so I can get my $200 out, and pay off the cc that I used to purchase.
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04-16-2018, 08:44 AM | #69 |
I have a plan
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04-16-2018, 08:54 AM | #70 |
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I'd rather remain bitcoinless ...
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04-16-2018, 10:16 AM | #71 |
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I'll give you $200 for whatever Bitcoin you have left.
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04-17-2018, 08:08 AM | #72 |
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Still going up! Slowly but surely....
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04-17-2018, 08:14 AM | #73 | |
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On a fundamental level you're obviously right; 'value' is what we place on it. But compare Bitcoin, Boeing stock, and gold: They have different intrinsic properties. Boeing stock entitles me to voting rights and dividends in a multinational corporation. Gold is used to make jewelry, electronics, and a variety of other things. Bitcoin enables instant, anonymous online payment, across borders. The problem is that governments have a vested interest in NOT allowing that. The #1 reason you'd want to use bitcoin (beyond speculation) is because you are doing something illegal and don't want the government to know about it. Governments can shut down fiat-crypto exchanges any time they want (india just did it), and if they do, the only way you can trade fiat-crypto is by meeting shady people in person and exchanging cash. Fuck everything about that. That's why for investment I prefer the utility tokens. They have a value beyond enabling something governments don't want. Some day I think we'll be hosting our websites on decentralized cloud infrastructure backed by blockchain. Shit will be lit. |
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04-17-2018, 08:32 AM | #74 |
Supermodel
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we need it at 20k as a start
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04-17-2018, 08:39 AM | #75 | |
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India can ban anything they want but as long as Indians have a VPN they can buy/sell whatever they want. (Or maybe India is so broke ass that no one there has PayPal or the ability to open bank accounts outside India.) For any Government to successfully kill a Bitcoin (or any crypto) with the goal of eliminating "illegal activity" they would ALSO have to ban cash. Otherwise it's pointless.
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04-17-2018, 09:06 AM | #76 | |
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Bitcoin was originally meant to be SPENT. If it's not meant to be spent, what's its purpose? What differentiates it from any other Ponzi scheme? |
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04-17-2018, 09:15 AM | #77 |
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I'm able to spend bitcoin daily. Too bad America is so far behind in technology.
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04-17-2018, 10:04 AM | #78 | |
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You give me 100K. Next guy gives me 100K I give you 10K from the second guy..... And so on til everything gets fucked up. With Bitcoin you are purchasing a bit of technology, but a LIMITED piece (with Ponzei schemes there's no 'end' in sight, no limits). This 'thing' (Bitcoin) has an arbitrary value some humans place on it. "Hey I've only got X# of these things. I will sell one to you for $100." "OK, then I will hype it up and sell it to another guy for $110....got any more I can buy?" "Yes, but now it's $200 since I only have a limited supply..." And so on. Instead of "Ponzi" call it "futures" (which is why the Chicago Mercantile Exchange is trading Bitcoin). Like, the price of tomatoes. Who says they are worth $0.20? Throw in market influences and there you have it.
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04-17-2018, 10:28 AM | #79 |
Supermodel
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I did in USA but only on some places
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04-17-2018, 12:58 PM | #80 | |
So Fucking Banned
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Quote:
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04-17-2018, 01:26 PM | #81 |
Living The Dream
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I love it! A tomato bubble!! :D
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04-24-2018, 04:57 PM | #82 |
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Bitcoin approaching 10K....WooHoo!!
Halfway there.
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04-24-2018, 04:58 PM | #83 |
Too lazy to set a custom title
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04-25-2018, 11:17 AM | #84 |
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fuck yeah
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04-25-2018, 11:28 AM | #85 |
So Fucking Banned
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grats to anyone who BTFD down in the $6xxx's. Unload them now for instant badass profit, or bull thru waiting for better
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04-25-2018, 12:20 PM | #86 |
I have a plan
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Dum Dee Dum Dum Dum.
Take the elevator down, take the elevator up! |
04-25-2018, 12:42 PM | #87 |
Living The Dream
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Bitcoin is a long term investment. Buy and hold then sell years from now.
Short term is like day trading. Some can do it well, others get fucked. So choose wisely how you intend to "use" the Bitcoin opportunity.
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04-25-2018, 02:24 PM | #88 |
So Fucking Banned
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$300k+ by end 2020
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04-25-2018, 05:57 PM | #89 |
Supermodel
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now is going down , what we do?
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04-26-2018, 09:43 AM | #90 |
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04-26-2018, 10:05 AM | #91 |
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I sense another dip coming...re-visiting the 6K IMO...
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04-26-2018, 11:41 AM | #92 |
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04-27-2018, 05:53 AM | #93 |
So Fucking Banned
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04-27-2018, 06:04 AM | #94 |
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I think the bear market is not over and in the next few weeks we will revisit 6K or even lower...I could be wrong, but I seldom am...
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04-27-2018, 09:46 AM | #95 |
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Great so when it dips to 6K I buy another Bitcoin or ten. Got it.
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04-27-2018, 10:15 AM | #96 |
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you would be much better off buying EOS when the dip happens...it will rise much more than BTC will because it dips much more than BTC...
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04-27-2018, 11:26 AM | #97 | |
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Let it ride baby! Daddy needs a new pair of shoes - in 2025 or so. LOL
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04-27-2018, 11:28 AM | #98 |
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Question is ... at 20k, will you sell of hodl??
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04-27-2018, 12:18 PM | #99 | |
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people who got it late last year are eating it and these people were told by people like yourself that it can only go up will be worth 100k, etc,etc. in another post you mention you can spend bitcoin daily...but im sure you don't! who would? no on wants to spend bitcoin. They just want to make money off it. investing in bitcoin is like investing in an idea. digital currency. bitcoin doesn't do the job very well with transaction fees, long wait times and instability but i do like the idea of digital currency. if only there was one that was stable, fast, low to no fees and not treated like an investment..
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04-27-2018, 01:43 PM | #100 | |
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1. The people who got in a few months ago and got "burned" are only in a bad way if they sell. If they hold it will go up. The ones bitching are the ones who thought they would sink in 20k and turn it into 50k overnight. Boo Hoo for the get rich quick asshats. Investment - ANY investment - is about long term gains. Unless you want to gamble with day trading, etc. So Bitcoin is no different than a stock that will recover over time. At one point GM was down to $2.00 a share in 2008. What is it now?* 2. You will get your wish for a stable digital currency when the US introduces one some day (soon). *$37.65 as of this writing.
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