1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[Ghost Utmost]

All this shyt is bullshyt including USD.

We believe in it so it works.

People used to use seashells for money.

People in prison use stamps. Used to be cigs.

So it's literally anything.

The real question is: how much is really in the account? This is the essence of the bubble. The real estate bubble popped cause someone THOUGHT they had a half million dollar house. Same house was a quarter mil two years before. So it wasnt *actually* worth half a mil. Your ass thought you had a come up cause you thought it would be three quarter mil soon. Dude who sold it to you actually made off with the bag. Your bag.

Have fun. Get out at the right time. Thatv $8K bitcoin is only $8K cause you *think* it will become $10K. So you pay the 8.

But things that have actual value are stuff you can eat and build with. The rest is speculation.

The bubble is made of speculators.

 

[Rarely-Wrong Liggins]

Crypto speculation has a few things going for it at the moment; the currency is in it's infancy, the natural fear of investment that plagues the average person, the "learning curve" needed to enter the market (if it's not click and get it's hard in the mind of the average American), the concept is quite complex (tell the average person to go read up on BitCoin, it would likely turn them off to investing), and the layperson doesn't understand the purpose of it beyond you can buy drugs and ninjas online. All of this has kept out the masses and the government/corporations looking to make a quick buck off of those masses. BitCoin is picking up steam in the media again and people are taking notice. Once grandma has a BitCoin wallet someone from a banking conglomerate will be there to "manage" it for her and once the banks are involved......yikes. Like most "too good to be true" income generators if you're not in on the ground floor, or at least the third floor, you're fukked. When it hits the mainstream, party over. If you're going to get in on this trend this is pretty much your last chance if you want to make a decent profit.

 

[Doomsday]

All this shyt is bullshyt including USD.

We believe in it so it works.

People used to use seashells for money.

People in prison use stamps. Used to be cigs.

So it's literally anything.

The real question is: how much is really in the account? This is the essence of the bubble. The real estate bubble popped cause someone THOUGHT they had a half million dollar house. Same house was a quarter mil two years before. So it wasnt *actually* worth half a mil. Your ass thought you had a come up cause you thought it would be three quarter mil soon. Dude who sold it to you actually made off with the bag. Your bag.

Have fun. Get out at the right time. Thatv $8K bitcoin is only $8K cause you *think* it will become $10K. So you pay the 8.

But things that have actual value are stuff you can eat and build with. The rest is speculation.

The bubble is made of speculators.

Matthew Mcconaughey in the beginning of Wolf Of Wallstreet exposed the whole game but no one paid attention. It's all just bullshyt hype.

 

[BLΔCK⁂W⊙LF]

I kick myself everyday for not investing back in 2010

How many bitcoins you sitting on breh?

There are many more investment opportunities to be had now outside of bitcoin... You should definitely study and learn, I gave out some great books that covers all you need to know to get started in the previous thread on this topic.

All this shyt is bullshyt including USD.

We believe in it so it works.

People used to use seashells for money.

People in prison use stamps. Used to be cigs.

So it's literally anything.

The real question is: how much is really in the account? This is the essence of the bubble. The real estate bubble popped cause someone THOUGHT they had a half million dollar house. Same house was a quarter mil two years before. So it wasnt *actually* worth half a mil. Your ass thought you had a come up cause you thought it would be three quarter mil soon. Dude who sold it to you actually made off with the bag. Your bag.

Have fun. Get out at the right time. Thatv $8K bitcoin is only $8K cause you *think* it will become $10K. So you pay the 8.

But things that have actual value are stuff you can eat and build with. The rest is speculation.

The bubble is made of speculators.

Well yeah, it is overvalued to an extreme imo, so it will ultimately crash. But if you have the funds and know how to trade effectively, you can still reap some profits before the bubble pops.

 

[#1 pick]

Crypto speculation has a few things going for it at the moment; the currency is in it's infancy, the natural fear of investment that plagues the average person, the "learning curve" needed to enter the market (if it's not click and get it's hard in the mind of the average American), the concept is quite complex (tell the average person to go read up on BitCoin, it would likely turn them off to investing), and the layperson doesn't understand the purpose of it beyond you can buy drugs and ninjas online. All of this has kept out the masses and the government/corporations looking to make a quick buck off of those masses. BitCoin is picking up steam in the media again and people are taking notice. Once grandma has a BitCoin wallet someone from a banking conglomerate will be there to "manage" it for her and once the banks are involved......yikes. Like most "too good to be true" income generators if you're not in on the ground floor, or at least the third floor, you're fukked. When it hits the mainstream, party over. If you're going to get in on this trend this is pretty much your last chance if you want to make a decent profit.

That's what took me out in 2012. shyt was cheap. I was all in. I had money and everything. Then they asked for form of payment other than CC or US checking and I was like fukk that. shyt, this shyt like 2 dollars, I rather buy stock.

 

[BLΔCK⁂W⊙LF]

That's what took me out in 2012. shyt was cheap. I was all in. I had money and everything. Then they asked for form of payment other than CC or US checking and I was like fukk that. shyt, this shyt like 2 dollars, I rather buy stock.

I know that hurt.

$500 for $2/share.

 

[MajorVitaman]

There are many more investment opportunities to be had now outside of bitcoin... You should definitely study and learn, I gave out some great books that covers all you need to know to get started in the previous thread on this topic.

you talking about the 6 certs bitcoin thread? which comment did you post the books and videos? i've been downloading information like crazy i just don't wanna get caught up in misinfo etc

 

[Mensch Fontana]

SO how do you cash out?

i have not seen one vendor that accepts it..


someone put me on

The funds when you sell go directly to your bank account. better invest before amazon hops on the bitcoin wave, this shyt is about to really pop off

 

[Cynic]

Bought Monero in the 40’s it’s at 120 now. Y’all gon miss the upcoming spike I swear

Got in on ethereum at $9.... and again at $60

 

[BLΔCK⁂W⊙LF]

you talking about the 6 certs bitcoin thread? which comment did you post the books and videos? i've been downloading information like crazy i just don't wanna get caught up in misinfo etc

Is it too late to invest in bitcoin?

As for videos, I am subscribed to various trading channels because that is what I like to do (swing/position trade mostly). They can give good advice sometimes. I watch mostly to keep my mind in that frame of thinking. I get more out of reading various books though.

Here is one guy I watch almost every day:



For trading, I'd get Fundamentals of Technical Analysis by Kirkpatrick. The book is really dry and academic, but it took me 3 months to get through from what I remember. Very informative, and some of those chapters I'd skip (like the historical chapters).

Japanese Candlesticks by Nison. Typical candlestick pattern recognition.

There is a chart pattern analysis book that I'd recommend but I would have to find it.

Most of trading is looking for patterns and capitalizing on those patterns. But if you don't have the capital, I wouldn't bother getting into it as the monetary gains are minimal if you cannot trade on a standard lot ($100,000 leveraged) maintaining a risk of 0.05%. Some people go in undercapitalized and end up getting margin called immediately.

The platform I utilize for FX is MT4 through Oanda.

 

[paperbag]

If you’re buying from Coinbase, you’re getting hustled in fees. You can tell who’s a rookie here lol.

What do you recommend?

 

[Zero]

RAM prices will never go down

 

[JordanWearinThe45]

That's what took me out in 2012. shyt was cheap. I was all in. I had money and everything. Then they asked for form of payment other than CC or US checking and I was like fukk that. shyt, this shyt like 2 dollars, I rather buy stock.

 

[Reece]

All this shyt is bullshyt including USD.

We believe in it so it works.

People used to use seashells for money.

People in prison use stamps. Used to be cigs.

So it's literally anything.

The real question is: how much is really in the account? This is the essence of the bubble. The real estate bubble popped cause someone THOUGHT they had a half million dollar house. Same house was a quarter mil two years before. So it wasnt *actually* worth half a mil. Your ass thought you had a come up cause you thought it would be three quarter mil soon. Dude who sold it to you actually made off with the bag. Your bag.

Have fun. Get out at the right time. Thatv $8K bitcoin is only $8K cause you *think* it will become $10K. So you pay the 8.

But things that have actual value are stuff you can eat and build with. The rest is speculation.

The bubble is made of speculators.

1995

“The internet is speculation guys. It’s a bubble. Don’t invest in that stupid techy stuff. Pick real companies like Ford or GM”

 

[KingBeez]

I remember sophomore year in high school (around 2011-2012) I was illegally streaming movies, and i would always see ads pop up for bitcoin saying that it was the currency of the future, and I’d get offers to buy bitcoin for really cheap ($20 USD) I always imagine if I took the risk of buying it, and how much richer I’d be