I’m going to say this just once regarding bitcoin.

Explore=implore. Damn you autocorrect☺️

Open Pit Gold Mining

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I don't invest in pyramid ponzi scheme.

The true intrinsic value of crypto is ZERO. Never forget that. Btw, the true intrinsic value of the paper money, plastic cards, etc. in your pocket right now is ZERO.

Looking for @ 4K ish re entry

I bought $200 3 days before it dropped last December. *cries in bitcoin*

it is extremely stupid.

Did the same december the 19th LTC for $600. Today loss is -86% and still crashing. Since august 1st, for 15 days, loss is already -50.5%. Soon I am going to owe money to LTC if it keeps crashing that fast. LOL.

OP is correct.

While you'll never make the gains that I did by getting in when it was in 2 digit figures, you'll make out like a bandit it you get in between $5900-$3600 and hold for about 9 months.

My friend says "be greedy when other people are fearful."

Judging by most of what I read on this forum there is a lot of regret and fear.

But as usual, Caveat Emptor! Never buy more than you can afford to lose.

Last Edited by John Nash on 08/14/2018 06:59 AM

The only reason Bitcoin rose to 20K is because one of the exchanges was printing out fake crypto currency to push up the price of bitcoin.

again..explain to me why a single bitcoin has ANY intrinsic value.

Oh, another "intrinsic value-tard"

Look, junior, I didn't get to be a multi-millionaire by listening to fools like you.

Get educated before you attempt to take me on, lightweight:

[link to fee.org (secure)]

If you don't understand it...don't invest in it.

I know enough to invest in it and I am holding long...

There was a clown trying to push Ripple here quite recently .
Since then its value has halved .
Prior to his posts , its value had also halved very quickly .
it never ceases to amaze me how gullible some are .
Bitcoin itself hit a high around 9 months ago of nearly 20 000 . Now it is lurking at just below 6000 .
QED

Fair enough statement but let me ask you: once you made those millions have you bought gold or precious metals/jewels as a way to have tangible wealth in case SHTF?

awwww.

yall got raked by al Waleed.

Most of us are sitting on quite a stash of PMs. Careful with gemstones unless you know what you are doing -- some amazingly good lab created gems out there. Have seen quite a few nice lab sapphires being sold in the Caribe as tanzanite -- you must know how to find the plechorism to distinguish tanzanite from iolite or lab sapphires. Also, know how to do stone grading, and the most valued shades within that colored stone category.

Oh, and there is NOTHING rare about diamonds, unless we are speaking of natural argyle pinks, or natural blues. DeBeers controls the market big time.

I resist all things block chain... best of luck with it

Bitcoin will be at 1k soon. There's a gap there that was never filled. That's how it works.

I could not agree more.

You guys have got to start believing in cryptocurrency - or more importantly, blockchain technology. It's not all about making a fast buck.

The blockchain cuts out the middleman (government and banks) and makes de-centralised, near instantaneous, financial and contractual peer-to-peer transactions possible.

We live in a digital age and need digital currency. If I want to send value from here in the UK to a friend in the USA why the fuck should I have to transact via my bank, an international settlement bank, and then your bank in order to get funds to you?

Why does it cost, why does it take so long?

Could you imagine having to do that with email???

As a bonus, if you get in now, there is potential for life-changing gains. The game is afoot, the financial landscape is changing and the big money is lining up to dive right in.