Crypto Currency Bubble

[Babylon]

Cash out some of it. No one really knows when its gonna crash, everyone thinks they do. Just pat yourself on the back for getting in early & don't squander it by getting greedy or blowing your load too early.

[Babylon]

Cash out some of it. No one really knows when its gonna crash, everyone thinks they do. Just pat yourself on the back for getting in early & don't squander it by getting greedy or blowing your load too early.

[NOBLE]

$20,000? That's crazy! It seems like only a month ago when it surpassed $3,000. I don't think it's too crazy an idea to think that with more adoption of bitcoin use, the price may come down. Usually that's how supply and demand works. But I think the type of adoption you really need to look out for is with the major banks. Here in Canada, for example, a lot of the major banks are already experimenting with blockchain technology, the same tech behind bitcoin. They have created a cryptocurrency to be used only between banks rather than for people in general, but the idea is to introduce it as an official digital alternative to cash in the future. I think once you have most major banks doing this and they have came up with a viable alternative, that is when bitcoin will crash. They like the security of bitcoin (which is why it's value is going through the roof) but they don't like the fact it's decentralized (or the fact they can't control it) so they will make their own alternatives.

[NOBLE]

$20,000? That's crazy! It seems like only a month ago when it surpassed $3,000. I don't think it's too crazy an idea to think that with more adoption of bitcoin use, the price may come down. Usually that's how supply and demand works. But I think the type of adoption you really need to look out for is with the major banks. Here in Canada, for example, a lot of the major banks are already experimenting with blockchain technology, the same tech behind bitcoin. They have created a cryptocurrency to be used only between banks rather than for people in general, but the idea is to introduce it as an official digital alternative to cash in the future. I think once you have most major banks doing this and they have came up with a viable alternative, that is when bitcoin will crash. They like the security of bitcoin (which is why it's value is going through the roof) but they don't like the fact it's decentralized (or the fact they can't control it) so they will make their own alternatives.

[Shodan]

Quick calculation:

In March 2010, the price of a bitcoin was $0.003. [I won't take inflation into account.]

The current price of a bitcoin is $10559.45, according to Google.

[10559.45/0.0003] = 35198166. In other words, for each dollar you invested in Bitcoin in March 2010, you would have over 35 million dollars today.

If I ever get a time machine...

[Shodan]

Quick calculation:

In March 2010, the price of a bitcoin was $0.003. [I won't take inflation into account.]

The current price of a bitcoin is $10559.45, according to Google.

[10559.45/0.0003] = 35198166. In other words, for each dollar you invested in Bitcoin in March 2010, you would have over 35 million dollars today.

If I ever get a time machine...

[Godbody]

So I decided to invest in Ripple over a month ago. It was worth 27 cents at the time. I invested 3 figures and just pulled most of it out today, after failing to take it out a week ago (it hit an all time high). My 3 figure investment gave me a high 4 figure return

I'm not going to throw numbers around but just know you can definitely live the American Dream through Crypto. I'd say it's at the end of its rope or the bubble will burst, but if you're smart you'll invest in cryptos that actually serve a purpose. Bitcoin is a store of value and serves no purpose, whereas Ripple serves the purpose of facilitating and simplifying money transfers

Pulled out 80% of my Ripple upon hearing they teamed up with MoneyGram, which brought it's value up by 15%

Took an L in Bitcoin but thankfully the 3 digit number I invested into Bitcoin meant shit compared to Ripple when $1 got me over 3 Ripple at the time

Keep an eye on TRON. It's been going down dramatically, if it goes down again today/tomorrow I might just buy.

[Godbody]

So I decided to invest in Ripple over a month ago. It was worth 27 cents at the time. I invested 3 figures and just pulled most of it out today, after failing to take it out a week ago (it hit an all time high). My 3 figure investment gave me a high 4 figure return

I'm not going to throw numbers around but just know you can definitely live the American Dream through Crypto. I'd say it's at the end of its rope or the bubble will burst, but if you're smart you'll invest in cryptos that actually serve a purpose. Bitcoin is a store of value and serves no purpose, whereas Ripple serves the purpose of facilitating and simplifying money transfers

Pulled out 80% of my Ripple upon hearing they teamed up with MoneyGram, which brought it's value up by 15%

Took an L in Bitcoin but thankfully the 3 digit number I invested into Bitcoin meant shit compared to Ripple when $1 got me over 3 Ripple at the time

Keep an eye on TRON. It's been going down dramatically, if it goes down again today/tomorrow I might just buy.

[Seul]

I heard Ethereum, is really good too.

I've done a little research on it, but I think the conspiracy theorist can probably explain it better.

[Seul]

I heard Ethereum, is really good too.

I've done a little research on it, but I think the conspiracy theorist can probably explain it better.

[Godbody]

There's no conspiracy here. I invested into Ripple because I'm smart and as usual I'm onto something before the masses

Ripple is to facilitate money transfers, controlled supply in circulation, and when I read up on it supposedly American Express and Santander Bank were going to work with Ripple. Investing was a no brainer for me. I had people in my ear telling me to put all my money in Bitcoin, Litecoin..a whole bunch of bullshit that's crashing while Ripple remains strong.

With Bitcoin you have to mine the supply, people spend endless resources mining it. Some even have bitcoin mining centers where they let their hardware do all the work for them. The problem is Bitcoin is worth thousands so I saw no value in it for me to invest and make little, if any, return. Especially because it takes a lot of resources just to get a fraction of a coin. Ripple is somewhat centralized (government backed) so it made sense to me that Ripple would stand the test of time while other cryptos came and went.

If you have a brain and you use common sense it's easy to see which cryptos are here to stay and which ones are bullshit.

[Godbody]

There's no conspiracy here. I invested into Ripple because I'm smart and as usual I'm onto something before the masses

Ripple is to facilitate money transfers, controlled supply in circulation, and when I read up on it supposedly American Express and Santander Bank were going to work with Ripple. Investing was a no brainer for me. I had people in my ear telling me to put all my money in Bitcoin, Litecoin..a whole bunch of bullshit that's crashing while Ripple remains strong.

With Bitcoin you have to mine the supply, people spend endless resources mining it. Some even have bitcoin mining centers where they let their hardware do all the work for them. The problem is Bitcoin is worth thousands so I saw no value in it for me to invest and make little, if any, return. Especially because it takes a lot of resources just to get a fraction of a coin. Ripple is somewhat centralized (government backed) so it made sense to me that Ripple would stand the test of time while other cryptos came and went.

If you have a brain and you use common sense it's easy to see which cryptos are here to stay and which ones are bullshit.

Ethereum Raiblocks (XRB) is meant to be good too, i just don't fucking understand how to invest in this shit... like idk what website you use or how to do it, shits confusing.. some1 explain? Ethereum Raiblocks (XRB) is meant to be the one to get, check it out ya'll.

Ethereum Raiblocks (XRB) is meant to be good too, i just don't fucking understand how to invest in this shit... like idk what website you use or how to do it, shits confusing.. some1 explain? Ethereum Raiblocks (XRB) is meant to be the one to get, check it out ya'll.

[Louie Dawgs]

Investing in bitcoin is dumb, it's possible that you will make money, but it's just as possible that you will lose a shit ton.

[Louie Dawgs]

Investing in bitcoin is dumb, it's possible that you will make money, but it's just as possible that you will lose a shit ton.

[Extended Cuts]

I invested in btconnect a few months ago, letting it ride for 2 years, if the site doesn't RIP it could be worth 2 mill in 2 years, I'll be a millionaire before this shits done.

it's crazy if I keep all my bitcoin sense 2010 I would be a millionaire 100 times over.

[Extended Cuts]

I invested in btconnect a few months ago, letting it ride for 2 years, if the site doesn't RIP it could be worth 2 mill in 2 years, I'll be a millionaire before this shits done.

it's crazy if I keep all my bitcoin sense 2010 I would be a millionaire 100 times over.

[Babylon]

Originally Posted by Louie Dawgs

Investing in bitcoin is dumb, it's possible that you will make money, but it's just as possible that you will lose a shit ton.

That's kinda the entire premise of stock trading as well, you'll hit a wall make a mistake or lose some money inevitably if youre in the game long enough, but if you know when to pull out and what amount to pull out just create a safety net and always have more than you initially put in. It's entirely possible to cash in on BTC, just takes timing & apt decision making

[Babylon]

Originally Posted by Louie Dawgs

Investing in bitcoin is dumb, it's possible that you will make money, but it's just as possible that you will lose a shit ton.

That's kinda the entire premise of stock trading as well, you'll hit a wall make a mistake or lose some money inevitably if youre in the game long enough, but if you know when to pull out and what amount to pull out just create a safety net and always have more than you initially put in. It's entirely possible to cash in on BTC, just takes timing & apt decision making