Investing types & Crypto Discussion $$$

[Master Matthew²]

people are spending thousands; how does it not have real world value?

i heard beanie babies are taking off

This pretty much, just because people are saying it's doing well, doesn't mean it is.

Bitcoin is on it's way to obscurity and death.

[Ad Bot]

[KickFlow]

i heard beanie babies are taking off

what are you talking about

[Planr]

Pulled my funds out in the nick of time. Gonna hold on to them while the prices continue to drop, then re-invest.

[Master Matthew²]

Pulled my funds out in the nick of time. Gonna hold on to them while the prices continue to drop, then re-invest.

I recommend reinvesting somewhere other than crypto currencies.
maybe some negative beta stock funds or something as soon as the DJIA starts coming down.

[Frankie²]

what are you talking about

read about beanie babies and how everything thought they were gonna make money on it because of pure speculation

I recommend reinvesting somewhere other than crypto currencies.
maybe some negative beta stock funds or something as soon as the DJIA starts coming down.

personally i recommend the defense industry

[KickFlow]

Isn't stocks just pure speculation as well? If we all knew that something would take off in value; we'd all be rich.


I've made thousand off this stuff & the technology behind it is actually pretty good. It's obviously way to early on in terms of large scale use but doesn't mean it's going to crash & burn now. Saying that it's gonna die is pure speculation as well. Nobody knows till it happens. Having a 15% drop in price is nothing unheard of when it comes to Crypto.

[Frankie²]

Isn't stocks just pure speculation as well? If we all knew that something would take off in value; we'd all be rich.

companies make a profit of goods or services and the value of the stock changes as the company does good or bad as opposed to crypto that makes money off what, speculation that it might be useful in a real world setting some day?
where does the money come from?

[Master Matthew²]

Isn't stocks just pure speculation as well? If we all knew that something would take off in value; we'd all be rich.


I've made thousand off this stuff & the technology behind it is actually pretty good. It's obviously way to early on in terms of large scale use but doesn't mean it's going to crash & burn now. Saying that it's gonna die is pure speculation as well. Nobody knows till it happens. Having a 15% drop in price is nothing unheard of when it comes to Crypto.

It's unheard of because Crypto currencies are so new, but it has all the same faults and signs as well as benefits that stocks and other market trends do.

Albeit it's not as easy to track, but even looking at this graph it's clear that bitcoin is going to take a large hit before it ends up coming back up, if ever like it was before.

[KickFlow]

companies make a profit of goods or services and the value of the stock changes as the company does good or bad as opposed to crypto that makes money off what, speculation that it might be useful in a real world setting some day?
where does the money come from?

iirc the point of crypto is to say bye to banks & stuff so money is no longer regulated. I'm not arguing the technology behind Crypto or why it's valuable but saying its peaked is speculation as well lol.

[Frankie²]

iirc the point of crypto is to say bye to banks & stuff so money is no longer regulated

yeah good luck lol

I'm not arguing the technology behind Crypto or why it's valuable but saying its peaked is speculation as well lol.

i guess you're right, but at its current course it isnt sustainable at all
everyone's putting money into the giant pot that is crypto and trying to get more out of it then they put in, which obviously doesn't make sense cause money cant come out of no where

[Juncoph]

personally i recommend the defense industry

[RedGajin]

yeah good luck loli guess you're right, but at its current course it isnt sustainable at all
everyone's putting money into the giant pot that is crypto and trying to get more out of it then they put in, which obviously doesn't make sense cause money cant come out of no where

im not heavily invested into the crypto market, but seriously a search into “how does crypto have value” or something similar will give you an answer at how this works

[Bisjac]

well the dollars dont disappear into the blockchain lol. yes we CAN get more out of it than we put in. every last person that put in.

[Mr. Bones]

is there an equivalent on the ios app store?

From what a friend told me no.

[SWAT One]

recommend the defense industry

I'm in defense and data security and I'm getting 15+ returns nowadays.