View Full Version : Bitcoin revisited


nightfighter
08-14-2017, 06:59 AM
Broke through $4000....... Still intrigued. Still haven't found a way to invest in it. Price has skyrocketed over past four months and it has designated into two classes of Bitcoin. Old threads here reveal some interesting predictions. I will find a way to get involved, even if to a very limited scale. It could have legs in ten years....

JohnR
08-14-2017, 08:06 AM
Broke through $4000....... Still intrigued. Still haven't found a way to invest in it. Price has skyrocketed over past four months and it has designated into two classes of Bitcoin. Old threads here reveal some interesting predictions. I will find a way to get involved, even if to a very limited scale. It could have legs in ten years....


It could also be confiscated as it is used to support sterile transactions of terrorists, organized crime (spyware/malware), and foreign interference peddling

Clammer
08-14-2017, 03:53 PM
Ross I was with someone a month ago who had told me that they had invested in them & it was doing very good ...didn,t dig into it @ this age ,But if you want me to I can reach out to see how he got to invest ><><>

nightfighter
08-14-2017, 03:59 PM
Please

piemma
08-15-2017, 04:33 AM
After over 35 years selling into financial services, I can only relate that all the bank guys I know are staying away from it. Too easy for fraudulent transaction/criminal activity to take place.

JohnR
08-15-2017, 07:33 AM
After over 35 years selling into financial services, I can only relate that all the bank guys I know are staying away from it. Too easy for fraudulent transaction/criminal activity to take place.

Wait, anonymous money? Nobody would ever do anything illegal with that ; ) - Ooops, gotta go launder my laundry ; )

Yes, Bitcoin is often used for illegal activities. Start here:

https://www.google.com/search?q=bitcoin+fbi&source=lnt&tbs=qdr:m&sa=X&ved=0ahUKEwi62LG1n9nVAhUK8CYKHdGiD1kQpwUIIA&biw=1196&bih=500

cheferson
08-31-2017, 06:36 PM
Told all of you over 4 years ago lmao ! Where's spence 😭😂?!?! Bet you a vs lol ! Spence said double digits ,worthless 👌🏼! anonomous , not at all
! Every transaction is logged in the blockchain . Nightfighter Bitcoin and crypto currencies are easy to invest in . My gf's boss pays her 5 and 9 Yr old in Bitcoin for chores , lol ! Look up Gbtc 👀If your lazy
Posted from my iPhone/Mobile device

cheferson
08-31-2017, 06:55 PM
They print millions of dollars everyday! Basically taking money out of everyone's pocket . Sheep dollars
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cheferson
08-31-2017, 07:04 PM
http://money.cnn.com/2017/01/31/investing/deutsche-bank-us-fine-russia-money-laundering/index.html

Way more dirty money in the banking system
http://money.cnn.com/2017/01/31/investing/deutsche-bank-us-fine-russia-money-laundering/index.html
10 billion dollars laundered , over 600 million in fines
Posted from my iPhone/Mobile device

nightfighter
09-01-2017, 06:57 AM
Told all of you over 4 years ago lmao ! Where's spence 😭😂?!?! Bet you a vs lol ! Spence said double digits ,worthless 👌🏼! anonomous , not at all
! Every transaction is logged in the blockchain . Nightfighter Bitcoin and crypto currencies are easy to invest in . My gf's boss pays her 5 and 9 Yr old in Bitcoin for chores , lol ! Look up Gbtc 👀If your lazy
Posted from my iPhone/Mobile device


GBTC is a viable option if you get by the 2% mgt fee they charge for doing nothing.... Of course that pales in comparison to the >85% premium one has to pay..... Investors in bitcoin have made some life changing gains over the past year plus. But as a classically trained economist/investment advisor, there are some very red flags flying....
Chef, can you tell me you would ever consider paying 85% premium for anything? Just presenting the other side of the risk coin.

cheferson
09-01-2017, 08:00 AM
Gbtc is way over priced for the amount they actually hold, I agree 100% . Thing is Gbtc is the easiest in for the average Joe . Soon as more options are available , it will tank .

Just buy actual Bitcoin in person or from an exchange like Coinbase .
Posted from my iPhone/Mobile device

nightfighter
09-01-2017, 09:08 AM
GBTC down 23.88% on the day at 0952 EST.....

cheferson
09-01-2017, 09:37 AM
GBTC down 23.88% on the day at 0952 EST.....

Lol , saw that ! Only down 17% now . I imagine lots of early adopters and investors to take profit as the price closes in on 5 k .

Check out ethereum , Monero and litecoin
Posted from my iPhone/Mobile device

Nebe
09-01-2017, 09:40 AM
People made a killing collecting and selling beanie babies and Pokémon cards too.

The higher the risk, the higher the reward or the loss.
Posted from my iPhone/Mobile device

cheferson
09-01-2017, 10:06 AM
Could have bought gbtc this am at 767 and be at 880 an hour later .
Posted from my iPhone/Mobile device

cheferson
09-01-2017, 12:52 PM
http://www.marketwatch.com/story/the-wall-street-investor-who-sank-valeant-thinks-a-bitcoin-fund-is-the-most-dangerous-2017-08-31?siteid=yhoof2&yptr=yahoo
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nightfighter
09-07-2017, 08:52 AM
and this....

http://www.marketwatch.com/story/this-is-the-dumbest-bitcoin-bet-you-can-make-2017-09-07