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  1. #1
    V.I.P. Big Hoss's Avatar
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    Re: Bitcoin??

    Just read a headline on-line that Bitcoin just plunged more than a $1,000.00 in 48 hours. Way too inconsistent if you ask me.
    “Iron sharpens iron; so a man sharpens the countenance of his brother.” (Proverbs 27:17) ...and borrowed from A L

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    V.I.P. xdude's Avatar
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    Re: Bitcoin??

    Quote Originally Posted by Big Hoss View Post
    Just read a headline on-line that Bitcoin just plunged more than a $1,000.00 in 48 hours. Way too inconsistent if you ask me.
    yeah check this out
    https://www.investing.com/currencies/btc-usd

    like I said bitcoin is a hookey thing .. but like most things , it is always a little hookey at first

    think of the Internet companies and home computers when they first came out .
    now do you remember pets.com or commodore computers, there will be a surviving crypto currency , but which .
    like I said there is a very limited amount of bitcoins flowing around
    and a lot of them parked in wallets..
    the Chinese are saving them , and then the country cracks down on them next thing you know there is a $1000 swing.
    or in this case , a software upgrade that failed.

    I would avoid silver and gold too..
    Silver they do not mine because there is so much of it in the world, they just mine other metals ( nickel copper etc,,) and silver is an impurity that they collect and make bricks out of...

    gold is more interesting, there is tons of gold being mined ,and then put on shelves and pallets.
    people pay to store it , by polish and that is about it ...but really why do we need this , and it only has value because some one is willing to buy it... look at the last 7 years and gold is back to 2010 levels ...

    couple of general rules , when Dems get into office , buy gold tobacco and gun stocks ...because repubs panic and stock pile...

    when the repubs get into office sell the same ...


    bitcoin was designed to ship money over the internet, not to be saved, an alternative currency or investment vehicle

  3. #3
    V.I.P. Ironguruera's Avatar
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    Bitcoin??

    Quote Originally Posted by Big Hoss View Post
    Just read a headline on-line that Bitcoin just plunged more than a $1,000.00 in 48 hours. Way too inconsistent if you ask me.
    There is a fork pending which is a good thing for bitcoin. It’s a friendly fork. I’m not saying sell the farm guys but I’m still confident it’s sound with the I️ntel eye have so far has been spot on each step of the way.

    It’s not the type of investment to buy and sit on forever. I️ plan on sitting on what I️ have until end of 2018.
    It’s makes $10 a day interest already so I’m content.
    Last edited by Ironguruera; 11-13-2017 at 03:50 PM.
    Blah blah blah Latina's ass...blah blah blah!

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