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  1. #1
    RTFM!! 2,500+ Posts allan's Avatar
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    Anyone into Cryto currency?

    Mean crypto.... coffee and keyboard had a go at each other.

    Had some good luck with bitcoin and XRP is moving for the first time in a while.

    Anyone here into this?
    Whatever

  2. #2
    Service Manager 1,000+ Posts
    Anyone into Cryto currency?

    n25an's Avatar
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    Re: Anyone into Cryto currency?

    its a test in patience... so you know I am into it...
    Sad To Say I Don't Have a Life
    I do this stuff on the weekends too

  3. #3
    RTFM!! 2,500+ Posts allan's Avatar
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    Re: Anyone into Cryto currency?

    Quote Originally Posted by n25an View Post
    its a test in patience... so you know I am into it...
    Hodl in wallet or trading with it?
    Whatever

  4. #4
    Service Manager 1,000+ Posts
    Anyone into Cryto currency?

    n25an's Avatar
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    Re: Anyone into Cryto currency?

    hodl bitcoin...
    and for the altcoins... a rising tide lifts all boats...
    Sad To Say I Don't Have a Life
    I do this stuff on the weekends too

  5. #5
    RTFM!! 2,500+ Posts allan's Avatar
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    Re: Anyone into Crypto currency?

    Have a look and check out Home - Mirror Trading International

    On average 7% growth per month or about 0.4% a day compounding. The bots the broker use are working overtime.
    Check on youtube for videos on this company.
    If you like ask me for a referral.


    Bitcoin expected to double in the next month...
    Whatever

  6. #6
    Service Manager 5,000+ Posts
    Anyone into Cryto currency?

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    Re: Anyone into Cryto currency?

    Bitcoin crossed a new record of $19.000.00 earlier this week.

    If you want to learn about cryptocurrencies, I recommend you follow

    Uneducated Economist - YouTube

    Although not the speaker's daily central focus, he does talk about Bitcoin and the implications of negative interest rates often.

    As an investment you are probably too late until the next cryptocurrency crash.

    Just a reminder, you cannot take a Bitcoin to the grocery store and buy anything with it.

  7. #7
    Service Manager 1,000+ Posts
    Anyone into Cryto currency?

    skynet's Avatar
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    Re: Anyone into Cryto currency?

    If you like tech its a fascinating subject.
    When you think you have made a procedure idiot proof your company employs a better idiot.

  8. #8
    RTFM!! 2,500+ Posts allan's Avatar
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    Re: Anyone into Cryto currency?

    Quote Originally Posted by SalesServiceGuy View Post
    Bitcoin crossed a new record of $19.000.00 earlier this week.

    If you want to learn about cryptocurrencies, I recommend you follow

    Uneducated Economist - YouTube

    Although not the speaker's daily central focus, he does talk about Bitcoin and the implications of negative interest rates often.

    As an investment you are probably too late until the next cryptocurrency crash.

    Just a reminder, you cannot take a Bitcoin to the grocery store and buy anything with it.

    True but you can sell for fiat money. Tax man should have a bit of an issue with this...
    Thanks for the channel recommendation will check it out.
    Whatever

  9. #9
    Service Manager 5,000+ Posts
    Anyone into Cryto currency?

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    Re: Anyone into Cryto currency?

    Bitcoin crashes 4%+ for $19,000 to $17,000.00 overnight.

  10. #10
    Service Manager 1,000+ Posts
    Anyone into Cryto currency?

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    Re: Anyone into Cryto currency?

    bitcoin is the bleeding edge of the wave... as it rises the alts stabilize at new highs... what is fractional as a rise in bitcoin can be quite substantial as a rise in altcoins...

    my understanding of why bitcoin prices keeps hitting a wall is the mt gox settlement...

    in many many years ago in the founding of bitcoin there was a company called mtgox a gaming company... that stole a whole bunch of bitcoins... eventually the guy was caught and his company was taken to the cleaners... and the settlement has been taken care off... one of the finer details of the settlement is that there is a supervising authority over the funds... this authority seems to like to dump a lot of bitcoins on the market every time... bitcoin hits $20000... and at that point cash out the payments to those involved in the suit.... little by little... this has been kind of a holding action against bitcoin price rise... and drives it down...
    once that settlement is completely cashed out... there really should be nothing holding bitcoin back... atleast thats my understanding of the situation...

    it is hoped that as wall street and the pension funds enter the bitcoin fray they will break this strangle hold on it because they would inject more money to pump than the mt gox settlement can pull out to cause a dump...

    I heard that a while back... when I was an avid tracker of bitcoin...

    now the question becomes why does bitcoin price rise...?
    bitcoin is the canary in the coal mine... whenever there is any economic uncertainty... people dump their money into bitcoin... you can tell what the world is thinking many times just by watching what bitcoin does... later on it might change but thats what it is for now...
    Sad To Say I Don't Have a Life
    I do this stuff on the weekends too

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