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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
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Old 12-18-2018, 11:28 AM   #1666
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Glad I got put when I did. Dodged a bullet and made a nice profit.
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Old 12-18-2018, 11:58 AM   #1667
Pitt Gorilla Pitt Gorilla is offline
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Quote:
Originally Posted by Lex Luthor View Post
True story. I had a couple of modest investments in Ethereum and Ripple back when the prices were steadily going up for all crypto currencies. Then I read multiple posts by Taco John extolling the virtues of Ripple and other crypto currencies, and I thought about how Taco John is consistently and spectacularly WRONG about EVERYTHING, I decided to dump all of my crypto investements. I even posted about it at the time in this thread.

The moral of the story: Whatever Taco John thinks and does, you should always think and do the opposite. It’s a fool-proof strategy for investing and life. Taco John IS George Costanza.
you just don’t get it. Taco John gets it. You’re just blind. He’s not the leader we want;he’s the one we deserve. Sheep.
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Old 12-18-2018, 12:33 PM   #1668
BWillie BWillie is online now
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Originally Posted by 'Hamas' Jenkins View Post
Taco John did the exact opposite you needed to do in crpyto this year. During periods of crypto recession, you want to move your crypto portfolio to almost solely the big boys such as Bitcoin and Ethereum. They lost their value the least in the last year. While alot of alt coins burned up or lost way way more of their value compared to bitcoin.

I do expect Bitcoin to be back. I think Monero is a good coin as well for a successful alt due to it's privacy features but by far and large most alts are just a gimmick. What you saw was Bitcoin being manipulated in price once Wall Street guys got involved. The true price of bitcoin probably lies in between the price it was before the bull run and the top ($19,800). There is no reason to believe it won't become 10k again someday.
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Old 12-18-2018, 12:37 PM   #1669
'Hamas' Jenkins 'Hamas' Jenkins is offline
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Quote:
Originally Posted by BWillie View Post
Taco John did the exact opposite you needed to do in crpyto. During periods of crypto recession, you want to move your crypto portfolio to almost solely the big boys such as Bitcoin and Ethereum. They lost their value the least in the last year. While alot of alt coins burned up or lost way way more of their value compared to bitcoin.

I do expect Bitcoin to be back. I think Monero is a good coin as well for a successful alt due to it's privacy features but by far and large most alts are just a gimmick. What you saw was Bitcoin being manipulated in price one Wall Street guys got involved. The true price of bitcoin probably lies in between the price it was before the bull run and the top ($19,800). There is no reason to believe it won't become 10k again someday.
It was a classic speculative bubble. While some assets regain value, many are revealed as eminently worthless. The dot-com bubble is proof positive of that.
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Old 12-18-2018, 12:43 PM   #1670
FD FD is offline
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Quote:
Originally Posted by Lex Luthor View Post
True story. I had a couple of modest investments in Ethereum and Ripple back when the prices were steadily going up for all crypto currencies. Then I read multiple posts by Taco John extolling the virtues of Ripple and other crypto currencies, and I thought about how Taco John is consistently and spectacularly WRONG about EVERYTHING, I decided to dump all of my crypto investements. I even posted about it at the time in this thread.

The moral of the story: Whatever Taco John thinks and does, you should always think and do the opposite. It’s a fool-proof strategy for investing and life. Taco John IS George Costanza.
One of the reasons cypto made such a perfect bubble is that they are very hard to short. If it was possible to invest your money shorting every prediction Taco John made you could make a real good living off of that.
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Old 12-27-2018, 09:45 PM
Palko 4 ever
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Old 12-29-2018, 03:42 PM   #1671
ChiefRocka ChiefRocka is offline
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Bitcoin halving in 2020. Ethereum scaling in 2019. Prices will 15-20x from here.
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Old 12-29-2018, 03:50 PM   #1672
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Originally Posted by ChiefRocka View Post
Bitcoin halving in 2020. Ethereum scaling in 2019. Prices will 15-20x from here.
Please explain how halving means gains?
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Old 12-29-2018, 03:56 PM   #1673
Demonpenz Demonpenz is offline
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The fibers of bitcoin will be ripped and then bitcoin will be fed whey protein shakes and by logging off and restarting servers gains will be had.
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Old 12-29-2018, 04:18 PM   #1674
ChiefRocka ChiefRocka is offline
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Originally Posted by lewdog View Post
Please explain how halving means gains?
https://cryptocurrencyfacts.com/will...ce-of-bitcoin/
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Old 04-02-2019, 03:00 PM   #1675
BWillie BWillie is online now
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Forty Eight Hunski right now.

And Elon Musk is now the CEO of Dogecoin rofl rofl
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Old 04-02-2019, 05:06 PM   #1676
Eleazar Eleazar is offline
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Price changes 15% overnight for no particular reason. But yeah, this isn’t a speculation bubble
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Old 04-02-2019, 06:04 PM   #1677
BWillie BWillie is online now
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Price changes 15% overnight for no particular reason. But yeah, this isn’t a speculation bubble
**** yous imma be rich again.
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Old 04-02-2019, 09:04 PM   #1678
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**** yous imma be rich again.
I’m gonna go renew my Brazzers!
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Old 04-02-2019, 09:04 PM   #1679
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Price changes 15% overnight for no particular reason. But yeah, this isn’t a speculation bubble
Look at Spags bringing the negativity... Shocker.
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Old 04-02-2019, 09:08 PM   #1680
lewdog lewdog is offline
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Should I be buying on this "dip?"
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