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re: OT: anyone doing any investing in Cryptocurrency?

Posted on 12/14/17 at 12:24 pm to
Posted by AUCE05
Member since Dec 2009
42584 posts
Posted on 12/14/17 at 12:24 pm to
I see you are in the TG chat room
Posted by Fear The Thumb
Coastal, AL
Member since Nov 2012
3368 posts
Posted on 12/14/17 at 2:54 pm to
From what I have been researching it seems the cryptocurrency bubble will burst soon.
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17110 posts
Posted on 12/14/17 at 2:59 pm to
Indeed. And so are you
Posted by WareagleKK
Milton, GA (ur welcome for Lawson)
Member since May 2012
2749 posts
Posted on 12/14/17 at 3:00 pm to
quote:

From what I have been researching it seems the cryptocurrency bubble will burst soon.



No question it will. I don't think it will "never" recover back to the numbers we're seeing now though. I think it will just be a much slower climb than the craziness we've been seeing the past month.

Again, this is/was just a way to make a few thousand bucks, easy, really quick.
Posted by AUCE05
Member since Dec 2009
42584 posts
Posted on 12/14/17 at 3:09 pm to
Yes. Binance is all new to me tho.
Posted by auzach91
Marietta, GA
Member since Jan 2009
40295 posts
Posted on 12/14/17 at 9:34 pm to
Yep. Glad I got in on it. Now I’m holding everything I got. Fine with what I’ve made and if i lose what I have in I still leave with a profit. If it booms I get even more.
Posted by AUtigR24
Happy Hour
Member since Apr 2011
19755 posts
Posted on 12/14/17 at 10:17 pm to
If any of you are interested my buddy started a social group on facebook for discussion / advice / market analysis it's called CCT (Crypto Coin Trader). He actually had John McCaffee on the other day and interviewed him. Super jealous.....
Posted by kung fu kenny
Birmingham
Member since Sep 2017
1759 posts
Posted on 12/15/17 at 7:44 am to
Amazon is going to accept BTC soon. And when it does, the price will rocket to Mars. Better get in now while it’s still at the moon.
Posted by Pavoloco83
Acworth Ga. too many damn dawgs
Member since Nov 2013
15347 posts
Posted on 12/15/17 at 8:49 am to
Cryptocurrency is very popular.

IN frickING GERMANY.
Posted by NC1406
Member since Jul 2013
672 posts
Posted on 12/15/17 at 9:35 pm to
Trading is a small portion of my recurring income. Usually do it with other people's money. I missed the cyrto craze. My youngest son claims to have developed a trading program that produced a 17k gain in crytos before he cashed out. Hope he remembers the days of watching my earlier trades. One trend is not always your friend. I will smile about that as he vacations in Australia in a few months on his down time.
Posted by NC1406
Member since Jul 2013
672 posts
Posted on 12/15/17 at 9:43 pm to
The CBOE opened trading on the new currency. I suggest you buy long term puts.

This is unpaid advice. Do as you please. I hold no responsibility ??
This post was edited on 12/15/17 at 10:01 pm
Posted by Rhino5
Atlanta
Member since Nov 2014
28909 posts
Posted on 12/15/17 at 10:35 pm to
I'm going in gold mining stocks. Looks to be the bottom.
Posted by NC1406
Member since Jul 2013
672 posts
Posted on 12/15/17 at 10:41 pm to
Companies that are operating in the Permian Basin are up this year. Long term that's a buy. But I would go cash for a short time. The matter is due to hit the fan.
Posted by Rhino5
Atlanta
Member since Nov 2014
28909 posts
Posted on 12/15/17 at 10:52 pm to
Gold stocks, miners, seems to go in large waves, 10 years or so.
This post was edited on 12/16/17 at 6:52 am
Posted by AUsteriskPride
Albuquerque, NM
Member since Feb 2011
18385 posts
Posted on 12/15/17 at 11:40 pm to
I'll stick to the stock market.
Posted by Pavoloco83
Acworth Ga. too many damn dawgs
Member since Nov 2013
15347 posts
Posted on 12/19/17 at 8:21 am to
Yeah, the AU bagman network is converting to bitcoin.
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17110 posts
Posted on 12/19/17 at 8:38 am to
Smart move. Harder to trace.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49189 posts
Posted on 12/19/17 at 9:22 am to
quote:

Amazon is going to accept BTC soon. And when it does, the price will rocket to Mars. Better get in now while it’s still at the moon.



Pardon my ignorance but how will that cause a huge jump? Is Bitcoin a commodity or a currency?
Posted by LandofDixie
Member since Jul 2012
2825 posts
Posted on 12/19/17 at 10:33 am to
quote:

Is Bitcoin a commodity or a currency?

That’s the problem, no one knows anymore.

I think bitcoin as a technology is falling by the wayside to coins that have vastly improved transaction times/minimal fees, and are doing cool things with the block chain technology. Bitcoin may adapt, or it may be looked at like how we look at Altavista and Yahoo in comparison to Google. I’m personally hedging on other coins being far more functional.

I can tell you that when my barber and coworkers are talking about getting in on “the bitcoin”, you know you’re in a bubble. Could pop in a day or a couple years, but I have no clue what that’s going to mean for other currencies.
This post was edited on 12/19/17 at 10:41 am
Posted by AUCE05
Member since Dec 2009
42584 posts
Posted on 12/19/17 at 9:28 pm to
Damn frenzy tonight on coinbase
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