Off Topic > Off Topic
bitcoin dropped seven grand
Khorde:
--- Quote from: Master Matthew² on January 19, 2018, 01:48:33 PM ---And I told you that your question is irrelevant to the conversation.
You're trying to take control of this situation by having me answer you're loaded and mislead questions, so that you don't feel like your investment was a wasted one.
--- End quote ---
it's funny to see people be so critical of crypto and then use awful comparisons in order to justify their point.
no, to answer your question, i would not invest in myspace. myspace is long dead and not a bastion i want to seek.
crypto however is a thriving investment and hardly something close to being "dead".
I'm only asking you that question because clearly you don't understand how investments work or how to make money off of a volatile market. You just see headlines and "dips" and assume crypto is a bad investment.
my investment is (((((((not))))))))) wasted. I have made 11x what i initially invested 9 months ago. even if i took out my money now I'd still be at a tremendous gain. however because I know the nature of this game I'm remaining in for 5 years. after that 5 years you can point your fingers and laugh but until then, there is really no way of knowing with complete certainty that BTC or any crypto for that matter will be worthless by then.
Master Matthew²:
--- Quote from: Khorde on January 19, 2018, 01:54:15 PM ---it's funny to see people be so critical of crypto and then use awful comparisons in order to justify their point.
--- End quote ---
Do you know what a P/E Ratio is?
--- Quote from: Khorde on January 19, 2018, 01:54:15 PM ---no, to answer your question, i would not invest in myspace. myspace is long dead and not a bastion i want to seek.
--- End quote ---
Investing in something because it was once popular was your standpoint. That's loving dumb.
--- Quote from: Khorde on January 19, 2018, 01:54:15 PM ---crypto however is a thriving investment and hardly something close to being "dead".
--- End quote ---
No, but I wouldn't recommend anyone drop any money in bitcoin.
--- Quote from: Khorde on January 19, 2018, 01:54:15 PM ---I'm only asking you that question because clearly you don't understand how investments work or how to make money off of a volatile market. You just see headlines and "dips" and assume crypto is a bad investment.
--- End quote ---
You're the one who has no idea how investments work. Crypto is a bad investment because It's been showing signs of a correction for the longest time, I'd wait quite a while longer until I would consider investing.
--- Quote from: Khorde on January 19, 2018, 01:54:15 PM ---my investment is (((((((not))))))))) wasted. I have made 11x what i initially invested 9 months ago. even if i took out my money now I'd still be at a tremendous gain. however because I know the nature of this game I'm remaining in for 5 years. after that 5 years you can point your fingers and laugh but until then, there is really no way of knowing with complete certainty that BTC or any crypto for that matter will be worthless by then.
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Uhm yeah, I can tell you, if you stay in this for 5 more months, you're going to regret it.
Insert Name Here²:
--- Quote from: Khorde on January 19, 2018, 12:58:09 PM ---lol
ULTRA lol
O M E G A lol
--- End quote ---
Prove people wrong instead of just spamming "Lol" everywhere, all that does is lower your credibility even further
Imo cryptocurrency is in a simmilar situation to that of the .com bubble, where it's the bew "fad" and everyone and their grandma is doing it along withsl specific hardware is being made for it, but it will pop. Not an if or might, it's a straight "will."
Khorde:
--- Quote from: Master Matthew² on January 19, 2018, 02:01:27 PM ---Do you know what a P/E Ratio is?
Investing in something because it was once popular was your standpoint.
That's loving dumb.No, but I wouldn't recommend anyone drop any money in bitcoin.You're the one who has no idea how investments work.
Crypto is a bad investment because It's been showing signs of a correction for the longest time, I'd wait quite a while longer until I would consider investing.
Uhm yeah, I can tell you, if you stay in this for 5 more months, you're going to regret it.
--- End quote ---
1. yes, i have benefited from using p/e ration to my advantage
2. where did you derive that? was it the meme post about normalcigarettes?
3. nice opinion, i respect it but don't agree. I also disagree with you thinking I have no idea about investments. Obviously I have an inkling of thought about investments because I have made money off of it and continue to make money off of it.
4. literally every time BTC takes a drop everyone gets super critical and says "oh well, this is it gg cryptards" but as long as it has use and people are buying it, it will hold value.
5. see you in 5 months bud. :cookie:
--- Quote from: Insert Name Here² on January 19, 2018, 02:01:42 PM ---Prove people wrong instead of just spamming "Lol" everywhere, all that does is lower your credibility even further
Imo cryptocurrency is in a simmilar situation to that of the .com bubble, where it's the bew "fad" and everyone and their grandma is doing it along withsl specific hardware is being made for it, but it will pop. Not an if or might, it's a straight "will."
--- End quote ---
you mean like i did above?
and of course it will pop, but not now. every bubble pops.
Gamefandan:
--- Quote from: Master Matthew² on January 19, 2018, 02:01:27 PM ---Uhm yeah, I can tell you, if you stay in this for 5 more months, you're going to regret it.
--- End quote ---
I don’t know much about this stuff. But i do remember when btc was like ~100 dollars and how it fluctuated but always evened out at a higher value that it was “before”. Again, I don’t know much about this; but I feel that it’s not crazy to belive that btc will see more giant leaps in value in the coming years