Guest TabbyBoy Posted June 23, 2018 Posted June 23, 2018 Some people have foresight too. Mine certainly isn't 20/20, but I'll put all my cards on the table and say that BTC and ETH will be worth even less in 6 months from now and there'll be a new kid on the block next year. I'm happy to ride the waves until then which isn''t as easy with LEGO. People who don't listen or research have limited success... funny that. Quote
Guest TabbyBoy Posted June 23, 2018 Posted June 23, 2018 1 hour ago, Migration said: Gold I'd say rare Earth metals as they'll be in huge demand once electric cars and Quantum PCs take off. Don't discount silver either, it could skyrocket at any time. It doesn't have to be rare, just in high demand. Quote
Ed Mack Posted June 23, 2018 Posted June 23, 2018 19 minutes ago, TabbyBoy said: Some people have foresight too. Mine certainly isn't 20/20, but I'll put all my cards on the table and say that BTC and ETH will be worth even less in 6 months from now and there'll be a new kid on the block next year. I'm happy to ride the waves until then which isn''t as easy with LEGO. People who don't listen or research have limited success... funny that. Quote
lodibricks Posted June 23, 2018 Posted June 23, 2018 2 hours ago, hippielego said: youre such an *******. like hey i lost 10k on the dice roll. Yeah theyre ICO obvi theyre not gold. i gotta find everything early like you right? Did you stick that saturn V up your ass yet, cause you obvi wanted to. Are you drunk posting today, Hippie? I don't really see anything wrong with what Tabby's sharing. He's admitting loss along with the gains and there's much more bragging on LEGO scores & sales than this. I've seen Tabby hinting at times to buy & sell and has been fairly accurate in the past (wish I listened), so I'm finding the shared tips more valuable. Quote
Val-E Posted June 23, 2018 Posted June 23, 2018 Insulting a fellow BPer publicly seems a bit low too, whether you agree with them or not. Maybe time for a mod to mop up the aisle? 1 Quote
Val-E Posted June 23, 2018 Posted June 23, 2018 1 hour ago, hippielego said: You mean the Saturn V joke. That's objectively funny. We're all gonna be ok. No I don´t but I am not getting dragged into this either! Quote
Ed Mack Posted June 23, 2018 Posted June 23, 2018 1 hour ago, Val-E said: Insulting a fellow BPer publicly seems a bit low too, whether you agree with them or not. Maybe time for a mod to mop up the aisle? You seem like a nice person. Can you please tell me what a bitcoin is? Quote
Val-E Posted June 23, 2018 Posted June 23, 2018 8 minutes ago, Ed Mack said: You seem like a nice person. Can you please tell me what a bitcoin is? About 6700 USD worth of bubble bath? 1 Quote
Ed Mack Posted June 23, 2018 Posted June 23, 2018 1 minute ago, Val-E said: About 6700 USD worth of bubble bath? So are you saying it's like money down the drain? Quote
Val-E Posted June 23, 2018 Posted June 23, 2018 22 minutes ago, Ed Mack said: So are you saying it's like money down the drain? If you know what you are doing and you are lucky, you´ll probably still make money on it but one could say the same about any Las Vegas casino. Day trading BTC seems like parting out Lego - a lot of hard work and stress for marginal gains once you factor in the time involved. Quote
Ed Mack Posted June 23, 2018 Posted June 23, 2018 18 minutes ago, Val-E said: If you know what you are doing and you are lucky, you´ll probably still make money on it but one could say the same about any Las Vegas casino. Day trading BTC seems like parting out Lego - a lot of hard work and stress for marginal gains once you factor in the time involved. LOL...You just described most people who own a small business. Quote
Val-E Posted June 23, 2018 Posted June 23, 2018 2 minutes ago, Ed Mack said: LOL...You just described most people who own a small business. Well, maybe those who still run a business after the first year. Lots don´t know what they are doing and/or have no luck and the business goes down the plug like the bubble bath. For me the Xmas spike of BTC was similar to that of Gingerbread House - it went up a lot and quickly but no one could really explain why. Eventually we found the reason and the price settled back down again in both cases. Both BTC and GBH are still overvalued in my opinion but those who get them for next to nothing are still happy. 1 Quote
ravenb99 Posted June 23, 2018 Posted June 23, 2018 I heard the mop was off today. Haven't been to a Cali beach in awhile but back home in FL and I wouldn't want to clean on a day like this either. 1 1 Quote
enotoga Posted June 23, 2018 Posted June 23, 2018 (edited) I learned through 1987, 2001, and 2008 that it pays to focus on cash flow. It doesn't matter what the business is, if it's not generating tons of cash, it will collapse. I'm feeling very fortunate that I sold my last Bitcoin at $15,000 - that was pure luck and caution. Cryptos seem to have a lot in common with the legalized Cannabis industry. A whole lotta people are trying to capitalize on something that has all the value of a weed. I'm not saying there aren't some great ideas in Crypto, but the banks and corporations are developing their own blockchain solutions. It's sorta like growing your own weed, no? I don't mean to be a bummer. It's just that I've been watching the total crypto market cap drop from $800,000,000,000 in December to where it is today at $259,000,000,000. When this happened in 2001 a lot of hopeful speculators asked "How low can it go????". The answer was ZERO. Edited June 23, 2018 by enotoga 1 Quote
Guest TabbyBoy Posted June 24, 2018 Posted June 24, 2018 22 hours ago, Val-E said: Insulting a fellow BPer publicly seems a bit low too, whether you agree with them or not. Maybe time for a mod to mop up the aisle? Unfortunately they type among us, however it's just water off a duck's back to me. Quote
Guest TabbyBoy Posted June 24, 2018 Posted June 24, 2018 17 hours ago, enotoga said: I learned through 1987, 2001, and 2008 that it pays to focus on cash flow. It doesn't matter what the business is, if it's not generating tons of cash, it will collapse. I'm feeling very fortunate that I sold my last Bitcoin at $15,000 - that was pure luck and caution. Cryptos seem to have a lot in common with the legalized Cannabis industry. A whole lotta people are trying to capitalize on something that has all the value of a weed. I'm not saying there aren't some great ideas in Crypto, but the banks and corporations are developing their own blockchain solutions. It's sorta like growing your own weed, no? I don't mean to be a bummer. It's just that I've been watching the total crypto market cap drop from $800,000,000,000 in December to where it is today at $259,000,000,000. When this happened in 2001 a lot of hopeful speculators asked "How low can it go????". The answer was ZERO. Correct, the answer is ZERO as none of it is backed by anything tangible or anything of real value or purpose. By 2020, this will be consigned to history, where it belongs. Banking and payment systems are unlikely to change from what they are now. I've made my pile and it's just playing money until it all goes to zero, which it will within 2 years. May I predict that BTC will be below $2500 by year end and ETH will be below €250? There's also money to be made shorting these too. Quote
Guest TabbyBoy Posted June 27, 2018 Posted June 27, 2018 No doubt you've all noticed that it's really tanking now. I was hoping that ETH would be back over €400 by now, but I'm 90% bailing as soon as it reaches $400 (IF it ever does!) and calling it a day. I'll keep 10% on my Ledger Nano for the very long term as it owes me nothing,. I'd say it's now game over and it'll all be history within a year or so. Those that get into it now are foolish IMHO as too many cooks have spoilt the broth, just like with LEGO. Quote
Guest TabbyBoy Posted June 29, 2018 Posted June 29, 2018 On 6/27/2018 at 12:12 PM, TabbyBoy said: No doubt you've all noticed that it's really tanking now. I was hoping that ETH would be back over €400 by now, but I'm 90% bailing as soon as it reaches $400 (IF it ever does!) and calling it a day. I'll keep 10% on my Ledger Nano for the very long term as it owes me nothing,. I'd say it's now game over and it'll all be history within a year or so. Those that get into it now are foolish IMHO as too many cooks have spoilt the broth, just like with LEGO. I don't know if many of you are checking crypto news and forums as the end could be within months or even weeks. It's one bombshell after another these days and the latest I've read (with a pinch of salt) is that banks in China, Japan, South Korea and USA will soon be forced to freeze all crypto exchange accounts until their respective governments bring in regulation. I'm glad I converted the vast majority of mine to fiat when I did. There's a lot of manipulation these days and nobody knows what the truth is, but I'm sure that prices are going to be driven down until some bastard buys the lot dirt cheap - or, it goes to zero! Expect the biggest freefall to date any day now and zero before year end. I dumped half of my remaining holdings last night - good move so far. Believe what you will, but only a misinformed fool would buy now or invest in a scam ICO. I don't think we'll need this thread by Xmas ? *** LEGO WINS HANDS DOWN *** Quote
Sauromosis Posted June 29, 2018 Posted June 29, 2018 @ravenb99 what does that have to do with Bitcoin? Please stay on topic. Quote
ravenb99 Posted June 29, 2018 Posted June 29, 2018 1 minute ago, sauromosis said: @ravenb99 what does that have to do with Bitcoin? Please stay on topic. sorry man, I built this right after so should be fine... 2 1 1 Quote
bigboy61 Posted June 29, 2018 Posted June 29, 2018 5 hours ago, TabbyBoy said: I don't know if many of you are checking crypto news and forums as the end could be within months or even weeks. It's one bombshell after another these days and the latest I've read (with a pinch of salt) is that banks in China, Japan, South Korea and USA will soon be forced to freeze all crypto exchange accounts until their respective governments bring in regulation. I'm glad I converted the vast majority of mine to fiat when I did. There's a lot of manipulation these days and nobody knows what the truth is, but I'm sure that prices are going to be driven down until some bastard buys the lot dirt cheap - or, it goes to zero! Expect the biggest freefall to date any day now and zero before year end. I dumped half of my remaining holdings last night - good move so far. Believe what you will, but only a misinformed fool would buy now or invest in a scam ICO. I don't think we'll need this thread by Xmas ? *** LEGO WINS HANDS DOWN *** Wow. Such doom and gloom. The thing is: this has happened before though (albeit hundreds and not thousands of dollars). I remember BTC being $1000 and then tanking way back. How is this any different? This happens in almost every market when something gets super hyped up. It must come down hard at some point. Quote
Guest TabbyBoy Posted June 30, 2018 Posted June 30, 2018 14 hours ago, bigboy61 said: Wow. Such doom and gloom. The thing is: this has happened before though (albeit hundreds and not thousands of dollars). I remember BTC being $1000 and then tanking way back. How is this any different? This happens in almost every market when something gets super hyped up. It must come down hard at some point. There's too many altcoins about now and too many scams, people are confused and losing confidence. Also regulation is strongly rumoured and will kill most off when it happens. Yes, it's come down hard and I don't think any positive event can make it rise as quickly as before. If the quick-buck is hard to make, it'll drive a lot of people away and demand will drop. ETH is up 6% over last 2 days, if it reaches 10%, I think there'll be another panic sell and it'll end up lower than before the rise. I"ve been trading on this theory for weeks. If it doesn't fall soon after, I'll keep the cash for the next crash as there'll be many more negative announcements. People have lost their shirts this time around as a lot were stupid enough to borrow and use credit cards. Quote
Val-E Posted June 30, 2018 Posted June 30, 2018 My prediction is BTC will slowly sink to its pre-hype value of 2.5K USD by end of summer/autumn. Basically Gingerbread House pattern. Quote
Legojona Posted June 30, 2018 Posted June 30, 2018 40 minutes ago, Val-E said: My prediction is BTC will slowly sink to its pre-hype value of 2.5K USD by end of summer/autumn. Basically Gingerbread House pattern. I'm much more optimistic than you guys. I predict it will rise till mid of the month and then stay between 8-12k till november. Then I expect a new peak value around 25k. Next to that, Ethereum will become the #1 coin by mid next year. Quote
Val-E Posted June 30, 2018 Posted June 30, 2018 (edited) 39 minutes ago, Legojona said: I'm much more optimistic than you guys. I predict it will rise till mid of the month and then stay between 8-12k till november. Then I expect a new peak value around 25k. Next to that, Ethereum will become the #1 coin by mid next year. BTC has the same chance of reaching 12k by November as 75932 does of equalling RE residuals. Edited June 30, 2018 by Val-E 2 Quote
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