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I picked up some FTM during this dip. It's about 3% of my holdings but I feel good about it.
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The ASR Cryptocurrency thread
- Thread starter Pearljam5000
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Yes I heard from a friend's friend a few month's back that work's for a large bank in Australia that believe's it will be huge . These gaming crypto's are out of control I think Enjin is about to catch up with Sand and MANA.
I wonder of Bitcoin is going to paint a similar picture to last run and dump on us for a Christmas present lol. I probably should not laugh poor attitude and I will be poor if it goes for a cliff dive . Oh well 20% of Australian's will be sad .At least we will be able to drown our self pity together lol
No I hold alts.
Haven’t read the thread but $20k to invest in gold or bitcoin?
Sorry I'm not a financial advisor . So can't advise you. I have done well since this thread was started with quite a few alt coins. Sandbox in particular. Check the full stories on you tube .
Please point to the person at the top of the Bitcoin pyramid.
Perhaps you could point to a company that controls and unfairly manipulates it?
What about and evil inventor exploiting people for their own personal gain?
This is true of every stock.
Could you point to when Bitcoin collapsed to zero, and never recovered if the person held it a few more years?
To anyone complaining about the energy use or that it's used by criminals:
Please think about what currency backed the biggest weapon of mass murder of all time, and the energy required to support the military of the most powerful empire in the history of mankind.
Please think about what currency backed the biggest weapon of mass murder of all time, and the energy required to support the military of the most powerful empire in the history of mankind.
Pdxwayne
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No, but I'm not concerned with short-term fluctuations caused by news events. Just like any good stock, if the mid to long-term story is still the same, it's a hold.
Pah, that's nothing compared to stock broker and former chairman of NASDAQ Bernie Madoff's $65 billion investment fraud, without a cryptocurrency in sight. Greed is agnostic to currency.
Three Men Arrested in $722 Million Cryptocurrency Fraud Scheme
www.justice.gov
Pdxwayne
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I was just answering a request.
; )
Anyway, since you mentioned Bernie, you made me curious about recovering money. From this article last December, Bernie's victims were getting almost 80% of money invested back. That is incredible.
Madoff victims get more money back | Investment Executive
Latest payout brings investor recovery from massive Ponzi scheme to over 80%
www.investmentexecutive.com
I don't think those victims of bitcoin scam were as lucky....
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/KN27CKKPIZIBPOL24QTORAPQSQ.jpg)
Bitcoin heads for worst week in months as Mt Gox payouts loom
Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have booked profits from a long rally and been spooked by an expectation that creditors of collapsed crypto exchange Mt Gox might liquidate their payments.
Mt. Gox Creditors to Get Billions in Bitcoin After Plan Approved
The Japanese trustee for the defunct cryptocurrency exchange Mt. Gox said creditors have approved a plan that will eventually lead to the distribution of more than $9 billion in Bitcoin.
www.bloomberg.com
Neither was the whole global population who have suffered financially for years due to the systemic fraud, greed and conmanship of the banking sector causing the 2008 financial crisis. Not only that, it was the banks who were bailed out at the expense of taxpayers.
Pdxwayne
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Like you said, greed. Let's see how this crypto thing turns out.
Pdxwayne
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Well, if you consider ~20% of coins return is lucky...Bitcoin heads for worst week in months as Mt Gox payouts loom
Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have booked profits from a long rally and been spooked by an expectation that creditors of collapsed crypto exchange Mt Gox might liquidate their payments.www.reuters.com
Mt. Gox Creditors to Get Billions in Bitcoin After Plan Approved
The Japanese trustee for the defunct cryptocurrency exchange Mt. Gox said creditors have approved a plan that will eventually lead to the distribution of more than $9 billion in Bitcoin.
.....
The trustee held a trove of 141,686 Bitcoins, as well as cash and Bitcoin Cash coins as of September 2019, according to prior documents. Tokyo-based Mt. Gox suspended all trading and went offline in February 2014 after losing about 850,000 Bitcoin....
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It pales in comparison to the original coin count...but 20% of them which have appreciated by 15,000% since then ain't bad.
Pdxwayne
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Haha, I guess in that way they are lucky. Did not have a chance to sell too early.
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