I thought this was important enough to warrant a separate thread. NOTE - I do NOT own or mine any cryptocurrency.
Bitcoin beware
-
I prefer dead Presidents - no issues there...
-
Coinbase has been just hammered with server traffic these last couple of days. The mainstream appeal of it is making it go nuts. I am sure Big Banks will be pumping the value soon enough causing more issues then selling off and watch the currency tank.
-
I see they just drop a couple thousand
-
I know zip about cryptocurrency, including how they're traded, but wonder if you can sell them short.
-
Word is that about a third of issued bitcoin is 'lost' in computers, or accounts where people have lost access or passwords to them. Just as @ericastar76 documented.
One problem with crypto-currencies is the lack of regulation in the markets, you see PLENTY of people doing the pump and dump scams in chat rooms.
Everyone knows the latest and greatest deals. pump the price up. Just like boiler room penny stock scams of the 80's and 90's.Before putting your toes in the hot water, be educated, I've done well, but had some guidance along the way. Been following for a year, a late adopter in the big scheme of things, but have done okay.
-
Let it pump on up. Remember I have 71 litecoin. I bought at 40ish. I had 100.3 litecoin and I tried to chase the bitcoin beast. So I cashed out 30 of my precious litecoin and tossed it into bitcoin. But then it went down and I panic sold. When it was all over I had basicly pissed 30 litecoin away. Right now those 30 litecoin are worth over 9000.00. Yea. I know. I'm sick. But we can't cry over spilt milk. So i am not touching my 71 litecoin.. which is worth over 20,000.00. So I still consider my first purchase of 100.3 as my cost.. that was close to 4800.00. So after I put my initial money back I would still be at $15,000.00 worth of profit. And im still all in.
But I still have the red ass for screwing away 30 litecoin.
-
And I remember my passwords .. I will even help others to remember their passwords. Just private message me your passwords and I promise your coins will be safe.. lol
-
And I remember my passwords .. I will even help others to remember their passwords. Just private message me your passwords and I promise your coins will be safe.. lol
If you need help managing all the passwords for your 'clients' let me know. I'm available for consulting. Will even create online wallets for them.
I
-
Ahhh, the days of having a bot-net at my disposal... just think of all the computers I could scan and the potential coins I could...
*only kidding folks... only kidding!
-
-
I hope all these guys riding this wave understand, THE MARKET ALWAYS CORRECTS ITSELF ! its not about knowing when to invest, its about knowing when to get out !
-
I hope all these guys riding this wave understand, THE MARKET ALWAYS CORRECTS ITSELF ! its not about knowing when to invest, its about knowing when to get out !
Or knowing enough to stay out.
I don't gamble at all. Last time I did it was my first marriage - rolled the dice and lost my shirt, house, 2 cars and 2 kids!
-
Or knowing enough to stay out.
I don't gamble at all. Last time I did it was my first marriage - rolled the dice and lost my shirt, house, 2 cars and 2 kids!not sure why I,m laughing right now Mitch, it probably wasn't too funny at the time ! But it,s kinda got me chuckling hearing you putting it that way !lol
-
not sure why I,m laughing right now Mitch, it probably wasn't too funny at the time ! But it,s kinda got me chuckling hearing you putting it that way !lol
Yep we can all laugh now - but to be brutally honest it was the best thing that could happen because I ended up with an absolute angel.
Hopefully someday your will get to meet my wife - AKA Mary Poppins -
I made a bitcoin investment early this year on my broker’s advice (the freakin guy is never wrong) and that investment is up 42% right now. Looks like I’ll be able to hit the road again this Spring - my bullshit soon coming to a town near you .... again
-
Yep we can all laugh now - but to be brutally honest it was the best thing that could happen because I ended up with an absolute angel.
Hopefully someday your will get to meet my wife - AKA Mary PoppinsI agree 100% , only to add that Mitch is sooooo “over chicked”
That it’s scary for Mary !
I’ve met this wonderful individual.Sent from my iPhone using Polaris Slingshot Forum mobile app
