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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
A few months ago I finally feel like I understood Bitcoin... the Canada bank debacle got me thinking hard about it, thought about buying some, my gut told me no.
Glad I didn't.
I can see the value of the blockchain and money outside of the Western banking system.
Seems as though the speculators have caused a lot of volatility.
If it's to serve as an alternative method of saving earnings seem to me a little more stability is needed.
Originally Posted by Judman
PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
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Joined: May 2009
Posts: 5,628
Campfire Tracker
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Campfire Tracker
Joined: May 2009
Posts: 5,628 |
Those that can’t /won’t see the value of decentralization and block chain technology are missing the boat. I wont throw sticks at you for not getting involved so just shut the fuq up about those of us that are able to see the value. Block chain technology is legit. Crypto is not. Thanks. That holds so much value to me.
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Joined: Jan 2016
Posts: 95,532
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,532 |
A few months ago I finally feel like I understood Bitcoin... the Canada bank debacle got me thinking hard about it, thought about buying some, my gut told me no.
Glad I didn't.
I can see the value of the blockchain and money outside of the Western banking system.
Seems as though the speculators have caused a lot of volatility.
If it's to serve as an alternative method of saving earnings seem to me a little more stability is needed. Plus, the economy will collapse under the Dims. When it does, how low does Bitcoin go? I dont know, but I know a lot lower.
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Oct 2012
Posts: 7,605
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2012
Posts: 7,605 |
I just bought some more. Bitcoin is never going away folks. You got any other investment tips? Buy in the dip, dipshit. I put 3% of my investments in crypto and like I said it ain’t going nowhere. Well it dipped a sheitload more, so you should buy the dip again. 😁 Only one way to settle this – who has more Porsches?  Nice little weekend gain if you picked up any under 18 K. 🤣 Picked up a coin at 17.8 over the weekend. Better sell that mf'er quick, it's taking a sheit again. Hurry up, buy some more. 😁
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Joined: Sep 2003
Posts: 23,384
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,384 |
I will get some at some point. Almost bought at 40k for fear of missing out. Now it will purely be a speculative play.
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Joined: May 2015
Posts: 2,092
Campfire Regular
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Campfire Regular
Joined: May 2015
Posts: 2,092 |
Seems odd that 600 billion dollars leaves the Bitcoin market, and gold stays at $1840.
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
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Joined: Feb 2010
Posts: 2,815
Campfire Regular
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Campfire Regular
Joined: Feb 2010
Posts: 2,815 |
Rich folks post here and tell everyone how to become rich.
Lol
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Joined: Oct 2012
Posts: 7,605
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2012
Posts: 7,605 |
Only down another 1260.00 today, but it's early.
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Joined: Jun 2002
Posts: 131,452
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,452 |
Only down another 1260.00 today, but it's early. 
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Joined: Oct 2021
Posts: 10,681
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2021
Posts: 10,681 |
Digital currency is a fact of life and is here to stay.
The SEC ( not the southeastern conference) is composing the playbook as we speak.
The big international banks are involved and using crypto.
Ain’t going away.
Just beware, very beware of using Crypto Bridge Services that facilitates swapping over from one type to another. There be dragons, Boys.
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Joined: Mar 2010
Posts: 24,086
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,086 |
Love your comedy act on here ol Toot. Didn't you predict a big stock market come back in May. lol Digital currency is a fact of life and is here to stay.
The SEC ( not the southeastern conference) is composing the playbook as we speak.
The big international banks are involved and using crypto.
Ain’t going away.
Just beware, very beware of using Crypto Bridge Services that facilitates swapping over from one type to another. There be dragons, Boys.
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Joined: Oct 2012
Posts: 7,605
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2012
Posts: 7,605 |
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Joined: Nov 2004
Posts: 9,962
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2004
Posts: 9,962 |
I have a friend from high school that went all in about 8 years ago and begged me to do the same. He's worth over 200 million now and I'm not. Wife said go for it but I hesitated figuring my thumb drive would break or computer would crash I didn't realize at tge time you could print the codes on paper and put them in the safe. My bad luck with tech scared me off.
Bb
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Joined: Jan 2001
Posts: 29,790
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 29,790 |
Man! And I was thinking my Total Stock Fund had taken a hit.
1Minute
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Joined: Jan 2004
Posts: 11,379
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
Posts: 11,379 |
For posterity’s sake. ![[Linked Image from i.postimg.cc]](https://i.postimg.cc/KzK1N33M/3-E252-BEB-C6-FF-464-F-A197-F1177491-C660.jpg)
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Joined: Dec 2013
Posts: 23,685
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,685 |
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Joined: Sep 2021
Posts: 3,992
Campfire Tracker
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Campfire Tracker
Joined: Sep 2021
Posts: 3,992 |
Cryptocurrency is a tool and not an investment or a true value-based currency. Yes folks have made money buying and holding cryptocurrency but it is now a massively volatile market. If you decide to invest in it at this point in time be prepared to be either really happy or really sad. With the economy headed south, my bet would be the crypto market will follow suit.
One thing is certain, while there are more than 12,000 cryptocurrencies, the main players are here to stay and we will see more integration into markets as the technology matures and is more widely accepted.
Si Vis Pacem, Para Bellum
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Joined: Oct 2012
Posts: 7,605
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2012
Posts: 7,605 |
For posterity’s sake. Now, show us the last 18 months 😁
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Joined: Jun 2002
Posts: 131,452
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,452 |
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Joined: Oct 2012
Posts: 7,605
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2012
Posts: 7,605 |
15,000 and dropping, dumb mf'ers.
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546 members (1OntarioJim, 204guy, 01Foreman400, 12344mag, 007FJ, 1_deuce, 62 invisible),
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guests, and
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robots. |
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Key:
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Global Mod,
Mod
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Forums81
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Most Online11,491
Jul 7th, 2023
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