Anyone buying bitcoins? - Page 5 - PeachParts Mercedes-Benz Forum

tjts1 · #61 01-20-2018, 03:58 AM

Quote:

Originally Posted by tbomachines

I wish I had 50k to play with. I threw all my money into xrp at about 80 cents so I can't complain about winning big on a measly amount. Although xrp has gone really soft the last couple days...

sloride · #62 01-20-2018, 10:18 AM

Quote:

Originally Posted by lorainfurniture

I doubt it will ever become a currency unless something major changes in the system. It currently can only process 3-7 transactions a second. For perspective visa does 1500/ second.

I look at it more like digital gold. It’s something that you buy and hold for a long time in hopes of it appreciating or combating inflation.

Just don’t invest more than you are willing to lose.

Combating inflation with an instrument that swings 30% up and down in a few months. I'll stick with combatting inflation at a craps table, a lot more fun there.

tbomachines · #63 01-20-2018, 01:22 PM

Quote:

Originally Posted by tjts1

I made a crap ton on it, so I'll save the last laugh...

lorainfurniture · #64 01-20-2018, 02:07 PM

Quote:

Originally Posted by tbomachines

I made a crap ton on it, so I'll save the last laugh...

I’ve made quite a bit also. I officially have every penny of my initial investment back, I have 14 btc miners, 2 litecoin. All paid for with profits. I also have a five figure cash gain sitting in my bank account. All that and I still have ALOT of LTC, and some BTC.

I’m currently grossing $425 / day on my miners.

Lolololololololooooollll

chasinthesun · #65 01-21-2018, 06:29 AM

Its not investment dollars ,its not currency ,when it goes under no one will be investigating it legally, a tide will be coming soon ,a rip tide .Some things are too good to be true ,this one is built to fail.The rest is just a built up curiousity until that tide.

lorainfurniture · #66 01-21-2018, 08:54 AM

Quote:

Originally Posted by chasinthesun

Its not investment dollars ,its not currency ,when it goes under no one will be investigating it legally, a tide will be coming soon ,a rip tide .Some things are too good to be true ,this one is built to fail.The rest is just a built up curiousity until that tide.

I would agree with about 10% of your statement. I think 75% of all the coins out there are fraudulent. This will come to an end soon.

Bitcoin is here to stay. It’s a store of value. The people who invested early got a huge reward. Heck, I invested 1 year ago and I’m doing just dandy.

chasinthesun · #67 01-22-2018, 01:49 PM

Part of the sell is complete cooperation by the bitcoin community,Enron was the same ,investors were told to buy,buy,buy ,everyones doing it ,look at how Im doing ,then.....

lorainfurniture · #68 01-22-2018, 01:56 PM

That’s why it’s important to be smart about investments. If the whole crypto market evaporated tomorrow, I still made really good money. I feel sorry for the chumps that mortgaged their home and bought in the frenzy. There will be plenty of losers in this market, usually the idiots who have no business there anyway.

chasinthesun · #69 01-23-2018, 10:41 AM

So dive in but only your big toe? Its either good or bad ,the in( )between is marketing.

lorainfurniture · #70 01-23-2018, 11:08 AM

Quote:

Originally Posted by chasinthesun

So dive in but only your big toe? Its either good or bad ,the in( )between is marketing.

Only invest what you are willing to lose. This is the golden rule for all high risk- high reward investments.

chasinthesun · #71 01-23-2018, 09:06 PM

Refresh when tide rolls out.Safe money doesnt play tricks ,this trick is its not money.

lorainfurniture · #72 01-24-2018, 08:28 AM

Quote:

Originally Posted by chasinthesun

Refresh when tide rolls out.Safe money doesnt play tricks ,this trick is its not money.

I’ll update you again in 6 months.

“I took zero risks” - said no rich man ever.

chasinthesun · #73 01-24-2018, 09:47 AM

Same with a ponzi scheme ,winning is the best advertising ,who knew it would be so easy ,for it to work alot of new information has to be presented fast and it then spreads by word of mouth ,get on board talk also ,it plays low then builds for false hope .Sounds similiar.