IT BEGINS !!

Discussion in 'Digital Currencies' started by SilverSale, Dec 22, 2019.

  1. heartastack

    heartastack Well-Known Member Silver Stacker

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    Pretty much!
     
  2. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Schitt's calls on silver price have historically been very schitt.
    No surprises they are schitt on BTC too.
     
  3. nicotineandcaffeine

    nicotineandcaffeine Active Member

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    lol put something physical into a blockchain. Just use excel.

    Except none of it was real. No profits or losses were ever realized.

    An example of a bubble with losers is 1980 silver.

    Bitcoin is something altogether different and undefined. Some wildly volatile ups and downs of price discovery over decades.

    Not sure what's wrong with having both gold and bitcoin.
     
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  4. Goldmiester

    Goldmiester Active Member

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  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    That's interesting. Just from watching eth it seems to have something going on.

    Now the stimulus needs to do its thing, drag the markets up and cryptos with it.
    Let's go!
     
  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Another double
     
  7. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Double post
     
  8. Goldmiester

    Goldmiester Active Member

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    Just saw this article, sounds awful but I’m at a loss to see how investors didn't see the warning signs.

    https://t.co/t0XMGvpSWt
     
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  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Theres alot of FOMO and investing euphoria out there.
    1928 all over again!
     
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  10. Goldmiester

    Goldmiester Active Member

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    Dropped around $10k in the last week. I guess it finally made its move.
     
  11. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    It's doing something that's for sure haha.
     
  12. STKR

    STKR Well-Known Member Silver Stacker

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  13. Goldmiester

    Goldmiester Active Member

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    precious roar and STKR like this.
  14. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Yes that's all third party risk for something with supposedly no third party risk.
    Cryptos have many downfalls that give me pause and that's just one.
    Just the fact they rely on an electrical grid running perfectly and internet are a huge indicator of future failure right there.
    Then you need the exchanges and tons of other crap.

    It's all risk with cryptos. Theres nothing more centralized and with more third party risk than cryptos, I dont care what the bulls say.
    They are probably one of the most risky in my view.

    Tyere are far too many potential downfalls for it to ever be money, same with anything digital.
     
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  15. LiverBird

    LiverBird Well-Known Member Silver Stacker

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    That mentality doesn't leave one with many options to choose from in the world of investing.
     
  16. precious roar

    precious roar Active Member

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    Very interesting. I always thought Tether is a scam but never really thought about the carry-on problems with BTC etc.
     
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  17. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    It's all the same but cryptos arent immune to problems.
    I've had many times my card wouldnt work or the computers were down and only cash is accepted at stores. Standing there with carts full of food and the card wont work.
    On digital money you might as well be broke, same effect as no money to spend.
    You'll be at the mercy of something or someone at all times and it's happened to me enough times to only use cash for the last 10 years or more.
    Always makes you feel like a bum when they hand your card back and say sorry says declined.
    It doesnt keep me from investing or buying cryptos but always on my mind.
    It should be on everyone's mind.
     
  18. Goldmiester

    Goldmiester Active Member

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    Same. Tether is dodgy as hell but this article illustrated it's influence on BTC which is huge.
     
  19. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Metals and real estate are all a man could ever need
     
  20. LiverBird

    LiverBird Well-Known Member Silver Stacker

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    Meh, not really. Screams of an article trying to create FUD.
     
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