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Go Back   Striper Talk Striped Bass Fishing, Surfcasting, Boating Striper Chat - Discuss stuff other than fishing ~ The Scuppers and Political talk The Scuppers

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Old 03-01-2014, 10:52 AM   #31
Fly Rod
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I will put my money in the stock market...
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Old 03-01-2014, 02:12 PM   #32
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I have been interested enough to invest easily at least 20 hours into reading and research on this crypto, digital currency. Every time I think I may be getting onboard with throwing a small amount of USD at it, I read something that turns me away, usually by uncovering a further lack of protection from something that can override the software so that I can not access bitcoins in "my" electronic wallet. While I understand the difference from being a virtual currency, it is still close enough to be of the same cloth. And virtual is not real. Some smart people will do well, while some smart people will lose it all. Too illiquid from an investment point. Not enough true investors (mutual funds, PMs, or banks) involved to have liquidity. They aren't able to invest in bitcoin. Even hedge funds wouldn't invest to any meaningful degree. It just isn't ready to play in the big leagues due to not having enough development in protection, liquidity, regulation, or acceptance.
I am doing fine with my returns this year utilizing classical economics training and analytics from twenty years as a financial advisor in my previous life......
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Old 03-02-2014, 12:07 PM   #33
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I pillaged like a drunk viking in 2008 when everything went to #^&#^&#^&#^&

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Old 03-05-2014, 08:11 AM   #34
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Seems the problem is holding onto your Bitcoins.....
Flexcoin, an electronic wallet provider, or bank for bitcoin, was hacked and robbed of over $500,000 of bitcoins from its own account..... Flexcoin also ceased its operations this morning.

Personally, there isn't enough upside in the world for me to invest in something that can be stolen from me in so many ways before I know what has happened.....
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Old 03-05-2014, 09:15 AM   #35
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http://www.dailymail.co.uk/sciencete...-breaches.html

Or cold storage , paper wallet or a comp not hooked up to the internet




http://online.wsj.com/news/articles/...232488216.html

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Old 03-10-2014, 10:52 AM   #36
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http://www.reddit.com/r/Bitcoin/comm...investors_get/

Here ya go TT , ponzicoin ! Hilarious reading about the people who lost money !
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Old 03-10-2014, 03:21 PM   #37
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You can get it on DVD...
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OMG... We based the design of our couch forts on the interior of the ship on that show.
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You know a show is good when the entire series fits on one VHS tape or DVD.

~Fix the Bait~ ~Pogies Forever~

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Old 03-10-2014, 08:08 PM   #38
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You know a show is good when the entire series fits on one VHS tape or DVD.
You better check that attitude when you talk to the legions of "Firefly" fans......
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Old 03-25-2014, 01:54 PM   #39
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HAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHA

http://www.businessinsider.com/irs-b...release-2014-3
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Old 03-25-2014, 03:53 PM   #40
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HAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHA

http://www.businessinsider.com/irs-b...release-2014-3
Enjoy the tax season bit coin peeps. Lol
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Old 03-25-2014, 04:22 PM   #41
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LOL
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Old 03-25-2014, 04:23 PM   #42
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If it's too good to be true, then it probably is.
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Old 03-25-2014, 07:32 PM   #43
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If you use bitcoins to buy drugs on silkroad what is your tax liability?
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Old 03-25-2014, 08:37 PM   #44
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I'm not into bit coins at all but leave it to the IRS to tax something that is fictitious..
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Old 03-25-2014, 09:19 PM   #45
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I'm not into bit coins at all but leave it to the IRS to tax something that is fictitious..
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Any less fictitious as the housing market?

-spence
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Old 03-25-2014, 10:23 PM   #46
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Any less fictitious as the housing market?

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Old 03-25-2014, 11:01 PM   #47
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Any less fictitious as the housing market?

-spence
And fictitious inflation rates. Fictitious unemployment rates. Fictitious campaign promises. Fictitious reasons for regulations. Fictitious differences between fictitious politicians creating fictitious government granting fictitious rights. In many respects, fictitious lives. We are living in an age of the grand fiction. One of the few things human we count on being real is our sports. Sort of.

It's got to be a beyotch calculating the value of the bit coin at the time of purchase or sale since it's value fluctuates so violently. Do you think this is an attempt to get rid of it?
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Old 12-15-2017, 05:30 PM   #48
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I give it 6 months before you see low double digits.

-spence
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I called 10k that year lol , maybe it took 4 more but hey its almost 20k now

Last edited by cheferson; 12-15-2017 at 05:36 PM..
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