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Legend [19882]
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Question for the Crypto currency crowd
Feb 21, 2022, 1:47 PM
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Is now a good opportunity to buy Bitcoin?
Big drop on Ukraine invasion news might be a good entry point for new investors...?
Your thoughts? TIA
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All-In [26886]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 1:48 PM
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Hall of Famer [24169]
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Tell 'em u7c coot, no one knows losing better than you
Feb 21, 2022, 7:52 PM
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Orange Blooded [3169]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 1:48 PM
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Anyone who relies on Tigernet for investment advice deserves to lose his shirt!
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Legend [15501]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 2:08 PM
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I don't know about that. I've had a few really bad tips and investments from my brokers, too. More good than bad, but there have been some real duds, too.
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Orange Blooded [3123]
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Legend [19882]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 2:15 PM
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Thanks for the serious reply & info.
I did notice that article was from 6 months ago, so do you think that indicates the latest bull run is now ending. In September 2021 this Russian invasion also wasn't on the radar, so now I'm thinking there could be a bigger slide down.... probably feeling more "wait & see" at this point in time.
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Orange Blooded [3123]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 2:18 PM
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It’s possible, but most cryptobros don’t believe there will be an invasion. It’s really more about the stock market leveling out. Once we see it settle Bitcoin will go parabolic, according to most experts.
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Legend [19882]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 2:41 PM
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It seems with the continuing destabilization that a Russian invasion is becoming more imminent now according to current statements by Putin himself. Even if it can somehow be averted though, the disruption in Europe would still be a huge consequence going forward.
I'm less optimistic than your cryptobros about the invasion. 
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Orange Blooded [3123]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 2:52 PM
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We’re betting on Putin getting into a room with sippy cup Brandon or our viceskank and beating them like a rented mule, hammering out a deal. Putin doesn’t have the money or time to occupy all of Ukraine against their will.
I could be wrong. The only thing I’m worried about is waiting until after the olympics because he’s a big fan of the olympics. And if he invades, all bets are off. Because we might be dumb enough to attack and then China would destroy us. At that point it might be worth leaving the US and could destabilize every type of market and commodity out there.
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Orange Blooded [4968]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 9:14 PM
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Sorry to jump into you guys Convo but how do you see China destroying the US? We could destroy their military like we did to Irag in 99 if we wanted to. It would take longer though because of the sheer size of their military.
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1st Rounder [645]
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Re: Question for the Crypto currency crowd
Feb 22, 2022, 7:37 AM
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Outside of total nuclear destruction of the planet, the Chinese would walk through this country like a picnic outing. We're a sitting "soft target" and the CCP knows it all too well.
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Orange Blooded [4968]
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Re: Question for the Crypto currency crowd
Feb 22, 2022, 10:57 PM
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How so? Their Air Force & Navy don't hold a candle to ours. We can electronically jam their communications, radar, and and avionics. It'll be like a WW2 force against every advanced technology we've got. If they defeat us it will be because Milley & Company with the consent of POTUS etc. want it.
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110%er [8437]
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Orange Blooded [3123]
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Quiet, geetch
Feb 21, 2022, 3:05 PM
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People with money are discussing investments. No one has to take any advice, and we all know that already. Some people like learning and hearing opinions.
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110%er [8437]
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Re: Quiet, geetch
Feb 21, 2022, 3:28 PM
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Sure I’ll listen to the guy who obsessively posts at least once every 33 minutes and knows how to google. If someone tells you they have any idea where any crypto is going they are lying to you; you can take that to the bank. Crypto is straight up gambling.
BTW I own a very small amount of bitcoin and ethereum just for fun; it’s against my nature to put any real money in something that volatile.
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Orange Blooded [3123]
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There are many brilliant people heavily invested in crypto
Feb 21, 2022, 3:32 PM
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A couple of them are buying the Broncos right now. Seems like they think it’s a solid bet. Unless they’re just guys who “know how to google” also.
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All-TigerNet [13035]
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They are also rich enough to afford to take big risks
Feb 21, 2022, 3:44 PM
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Obviously nobody should invest any money in crypto that they can't afford to lose.
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All-In [26886]
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That's pretty much a rule for any sort of investing that's
Feb 21, 2022, 3:48 PM
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not aligned for long term growth.
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Orange Blooded [3123]
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Re: They are also rich enough to afford to take big risks
Feb 21, 2022, 3:56 PM
[ in reply to They are also rich enough to afford to take big risks ] |
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They just realize there’s risk in everything but the biggest rewards are in crypto. And with the dollar declining in value every year since leaving the gold standard, and inflation being out of control, a decent growth of 5% a year in any other investment means you’re really losing a lot of money.
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110%er [8437]
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You’re not one of em
Feb 21, 2022, 3:56 PM
[ in reply to There are many brilliant people heavily invested in crypto ] |
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There’s big difference between being brilliant and having inside info that others don’t have. You would think a conspiracy theory guy like you would see the potential in manipulating a financial instrument that has no basis in fundamentals or any tangible asset. If these people really know something about a currency you’re not gonna find out about it on a message board in time to take advantage of it.
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All-In [26886]
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BTC is now fungible through many different avenues for
Feb 21, 2022, 3:59 PM
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liquidity, from pizza to gold. Most other currencies are only used for online, non-fungible purposes. Unless that changes, it will continue to have value both as a decentralized currency and as an actual alternative to cash.
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Orange Blooded [3123]
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Re: You’re not one of em
Feb 21, 2022, 4:00 PM
[ in reply to You’re not one of em ] |
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They know it goes up more than it goes down. Most crypto serves a purpose, and it’s basis is in algorithms and blockchain, which are real things. The US dollar’s value, on the other hand, is based on literally nothing. It can be printed and has no cap. In crypto there is always a cap. There will never be more than 21 million Bitcoin, which makes it a scarce commodity. When there are 100 quadrillion dollars in circulation in 5 years, you’ll figure it out. No conspiracies. Just facts.
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All-In [26886]
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IMO, the biggest argument for it is the p2p nature that
Feb 21, 2022, 4:03 PM
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removes intermediary financial institutions. When we're increasingly seeing these "middle men" bow to political objectives and locking down private transactions for what is essentially arbitrary reasons, there is no other alternative but crypto for digital transactions.
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110%er [8437]
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Re: You’re not one of em
Feb 21, 2022, 4:15 PM
[ in reply to Re: You’re not one of em ] |
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US dollar is valued by the strength of our economy (and goes up and down in value based on its relative strength to other economies), Stocks are valued by the fundamentals of companies, bonds are valued by again the entity it represents and various other risk factors… the only thing that cryptos have is scarcity. You know what else is scarce, four leaf clovers. I wonder how many I would need to gather up to buy a Tesla. It’s a function of supply and demand; just being scarce doesn’t make a thing valuable. That’s what makes crypto so valuable the demand is completely manufactured and is not based on any real intrinsic value. As long as the demand remains propped up by whomever is doing it you’re golden, when the house of cards falls well…. I did make a huge mistake here and that was engaging with you people. Y’all go back to your message board Economics class rooms I’ll leave you to it.
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Hall of Famer [24682]
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Yep... Who has the suitcase EMP on Wall Street?***
Feb 21, 2022, 4:19 PM
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Orange Blooded [3123]
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Re: You’re not one of em
Feb 21, 2022, 4:25 PM
[ in reply to Re: You’re not one of em ] |
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Foolish. They have security. And many of them are related to actual projects like metaverse. You just don’t understand blockchain and security. That’s all. If you store it properly it cannot be taken. That makes it valuable. The dollar has lost value every year and will continue to do so. More now than ever before. And now that the world knows our military is a joke and we cannot pay our debts there is a greater chance of a dollar being worthless than crypto.
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110%er [8437]
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I just took a big ole sheet in a mason jar
Feb 21, 2022, 5:02 PM
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And then plopped it in the safe. Since no one can take it I guess it’s now full of both corn kernels and value; that street corn was good last night. Where can I go to look up its exchange rate?
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Legend [19882]
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Re: I just took a big ole sheet in a mason jar
Feb 21, 2022, 5:14 PM
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Actually CORN is up 3.50 and sits at $652.75 as we speak.
Depending on how much corn you have in your diet, maybe you should consider putting your jar on the market! 
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110%er [8437]
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Re: I just took a big ole sheet in a mason jar
Feb 21, 2022, 6:55 PM
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Thanks great idea! I think I might have invented the world’s first craaptocurrency. I’m in talks with the university of south Columbia to see if they’ll accept it as a payment type at their ticket office. If we can come to terms I’ll be up an running; fingers crossed.
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All-In [26886]
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Orange Blooded [3123]
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Re: I just took a big ole sheet in a mason jar
Feb 21, 2022, 5:25 PM
[ in reply to I just took a big ole sheet in a mason jar ] |
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No OnE cAn CrAcK a SaFe. When your terds can create a metaverse, come on back. Until then that thing will be worth about as much as a dollar will be in about 10 years.
You’ll have better luck convincing people that it’s a candy bar than you will trying to convince them that you understand crypto.
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110%er [8437]
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Can you do me a huge favor Weslichick?
Feb 21, 2022, 7:00 PM
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If you’ll sign my jar I think it will materially increase the value of my craaptocurrency. Also I’m gonna double dip, takes some pictures with my trust ole Polaroid, and turn it into an NFT.
In other news, when you inevitably do something to get this account banned what name are you gonna use for your next incarnation? I recommend combining the two handles and use maybe Wesli-chop or maybe the more appropriate pork-chick. Now, carry on with your inexorable march towards banishment.
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Orange Blooded [3123]
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Re: Can you do me a huge favor Weslichick?
Feb 21, 2022, 7:58 PM
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Unsure who you are referring to, but sounds like he/she is living in your head rent free.
But to answer your question… no I will not sign your fecal jar. Best of luck on your venture. Just checked and my crypto investments are up 346% over the past couple of years. Not bad.
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All-In [26886]
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Message removed by Author
Feb 21, 2022, 8:01 PM
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Message removed by Author
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110%er [8437]
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Well since everything he says is fantasy
Feb 21, 2022, 8:27 PM
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He’s prolly planning to convert it to Vibranium futures and trade them for cash on the Wakndan mercantile exchange.
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Orange Blooded [3123]
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Re: So here is my question that I never had answered.
Feb 21, 2022, 8:35 PM
[ in reply to Message removed by Author ] |
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Great question. I don’t keep my stuff on exchanges actively and hold my own keys. If I need to sell I have accounts with about a dozen exchanges that have daily limits between 5k-50k. I couldn’t liquidate everything in a single day, but could over 2-3 days, which is actually still less time than what it would take to liquidate stock through most portals. I view crypto as a long term investment, though. So not sure I’ll ever liquidate everything all at once anyway.
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All-In [26886]
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Yeah. A few days is fine. And I guess most folks fit into
Feb 21, 2022, 8:40 PM
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that range too so it's not a problem except for the cryptollionaires. Depending what you got in for it seems like a solid bet. 99% of these other coins coming up won't survive the pump/dump scheming, and enough people now are learning about crypto (thanks, Canada) and should hold off the market from any major dip.
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Orange Blooded [2140]
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Re: Can you do me a huge favor Weslichick?
Feb 21, 2022, 8:04 PM
[ in reply to Can you do me a huge favor Weslichick? ] |
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Man this material is good! The movie Tommy Boy was fantastic and is one of my all time favs but y'all needed to be on their creative team. Good smack talk goin on!
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CU Guru [1669]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 2:25 PM
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My opinion: Yes.
I’m not a big investor. I grew $2400 into 4k trading Bit last year. I reinvested that back into BitCoin at $51,000 (everything inside me was screaming to sell it at $60,000, but I held).
There is widespread sentiment that BC will end up settling in the 100,000 to 200,000 range within the year.
Be better than me: Don’t be greedy. Set your sell points and stick to them.
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All-In [26886]
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There is never a good or bad time to buy. Whether it is
Feb 21, 2022, 2:28 PM
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Ukraine or some wallet server gets hacked, Bitcoin prices are going to be erratic at any given point in time. Buy the ticket. Take the ride. That being said, you're a fool if you buy any other coin than BTC. For there to be any lasting value, it has to be commoditized, and BTC has the best chance at that; the rest are just get rich quick schemes and you don't want to be the one holding the bag.
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CU Guru [1157]
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Re: There is never a good or bad time to buy. Whether it is
Feb 21, 2022, 3:30 PM
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If I was buying / holding bitcoin what would concern me more is what is happening in Canada and not the Ukraine.
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Orange Blooded [3123]
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Re: There is never a good or bad time to buy. Whether it is
Feb 21, 2022, 3:36 PM
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Great point. And a great reason to always use a cold wallet.
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Hall of Famer [24682]
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Stack the safe... $2k at a time.***
Feb 21, 2022, 4:21 PM
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110%er [6319]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 5:22 PM
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Bitcoin and Ethereum are great buys rights now.
BTC to 100K and ETH to 10K are realistic possibilities over the next 2 years.
There are many bulls that predict them to go to astronomical prices over the next decade.
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110%er [6692]
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110%er [6319]
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Re: Question for the Crypto currency crowd
Feb 22, 2022, 6:38 AM
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I hope ETH keeps crashing. Can’t wait to buy more on the way down. Would love to have 10 ETH by the end of the year.
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All-In [31199]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 5:22 PM
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I have nothing as far as Crypto and never have figured out the right time to buy or sell. Good luck to you.
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All-In [26886]
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My buddy was talking to me about it years ago when it was
Feb 21, 2022, 7:55 PM
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around $300. There weren't nearly as many resources out there as there are today about how to get started, so I never got around to it.
But probably for the best. I would have cashed out when it hit around $9,000, and I figure never investing was better than the regret I would have had selling at 9 instead of whatever its at now.
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110%er [6692]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 8:19 PM
[ in reply to Re: Question for the Crypto currency crowd ] |
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I think it's going to get crushed. Everyone and their brother are in on it now. If your gardener and the b=bus boy and the restaurant are experts now, then it's time to be cautious.
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Team Captain [492]
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Re: Question for the Crypto currency crowd
Feb 21, 2022, 9:27 PM
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I would rather have the Broncos than cyryto ,
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Legend [19882]
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Re: Question for the Crypto currency crowd
Feb 22, 2022, 12:52 AM
[ in reply to Re: Question for the Crypto currency crowd ] |
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Not holding its value in the current crisis environment and some analysts are eyeing a return to $30,000 level or lower as worries over Russian invasion and looming Fed actions dominate the news.
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110%er [8080]
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I bought some when it was less than $1K several years ago
Feb 22, 2022, 7:26 AM
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Nowadays I just buy $25/month on Bitcoin and $25/month on Ethereum.
I tell my friends and family to buy at least a $100 worth and see what happens. Who knows?
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Orange Blooded [4446]
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Re: Question for the Crypto currency crowd
Feb 22, 2022, 7:49 AM
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I personally am not a believer in crypto. The rich guys are going to unload the worthless coins on the suckers one day and all you will have is a momento to put on your mantle??
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110%er [6319]
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Re: Question for the Crypto currency crowd
Feb 22, 2022, 9:05 AM
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Trevor Lawrence is a believer in crypto and I am a believer in him.
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