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Nzoner's Game Room>Bitcoin Take?
ChiefRocka 11:41 AM 02-15-2013
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...



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Jewish Rabbi 04:51 PM 06-17-2017
Anyone have a hardware wallet? I'm into some serious money right now and want to keep it more secure. Any recommendations?
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BlackHelicopters 05:07 PM 06-17-2017
Originally Posted by Jewish Rabbi:
What do you not understand?
Where the value comes from.
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BossChief 06:05 PM 06-17-2017
Originally Posted by theelusiveeightrop:
Where the value comes from.
Well, duh.

It says coin in the title.
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TambaBerry 06:06 PM 06-17-2017
Originally Posted by lewdog:
Well I'm ok with that. I similarly do own some penny stocks and said the same thing.

You're on an interesting ride, that's for sure!
I missed out on Bitcoin because I was a broke college student.
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Jewish Rabbi 07:08 PM 06-17-2017
Originally Posted by theelusiveeightrop:
Where the value comes from.
As with anything, value is defined by what someone is willing to pay for it.
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BlackHelicopters 07:12 PM 06-17-2017
Originally Posted by Jewish Rabbi:
As with anything, value is defined by what someone is willing to pay for it.
The setup just seems right for massive losses.
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ChiefRocka 08:04 PM 06-17-2017
Originally Posted by Jewish Rabbi:
Anyone have a hardware wallet? I'm into some serious money right now and want to keep it more secure. Any recommendations?
trezor
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Smed1065 12:47 AM 06-18-2017
Originally Posted by Demonpenz:
no idea what this means can you explain?
Buy on downside, not up. It went to 350 form round 400. I bought 100 @350. Sold 385 hoping for 400.

Penzed.
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Smed1065 12:57 AM 06-18-2017
Originally Posted by ChiefRocka:
trezor
Yes many. Cold wallet for Long-term. Short-term exchange but Coinbase sucks if run either way. 2fa all. 2FA should be required or a concern if not by the exchange/site. Its far from safe but damn invested $4000 2 years ago and the total after 2 years is more than my 401K after 10 years. Preach on CP.
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ChiefRocka 04:20 AM 06-18-2017
Originally Posted by Smed1065:
Yes many. Cold wallet for Long-term. Short-term exchange but Coinbase sucks if run either way. 2fa all. 2FA should be required or a concern if not by the exchange/site. Its far from safe but damn invested $4000 2 years ago and the total after 2 years is more than my 401K after 10 years. Preach on CP.
Funny money.
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Demonpenz 05:40 AM 06-18-2017
Originally Posted by Smed1065:
Buy on downside, not up. It went to 350 form round 400. I bought 100 @350. Sold 385 hoping for 400.

Penzed.
I bought high and the shit crashed next day hehe glad people are having fun with this expensive video game.
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BossChief 10:59 PM 06-21-2017
Originally Posted by Demonpenz:
I bought high and the shit crashed next day hehe glad people are having fun with this expensive video game.
So a decent way to look about that is the same product that you were willing to pay 350-400 for (because you felt it had the potential to multiply that number many times over) is now "on sale".

Look at the short and long term trends for these financial products and you will notice big swings in both directions and in many cases, a big dip is followed by a huge surge.

Buy low sell high

Can't get too discouraged after just a week of an investment.

For the same price you could get 2 for a few days ago, you can almost get 3 now.

If you still think it has potential to go to much higher peaks, bows the time to load up.

It's called dollar cost averaging.

You spend 400 on the first one and the next 2 you got for 300 each, so you're into each one at 333.

It goes back to 400, you made a nice profit. Sell high and let the market do its natural "correction" to drop some in price and do it again.

Try to get rich.
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Demonpenz 11:07 PM 06-21-2017
I am well versed in stocks and investing. I am just poking fun at the knuckleheads that bought this thinking they were going to cash in soon. On the flip side it does concern me when it is time to get my money out, oh well I am only in for 300 anyways. Pissed more money away at Jerrys Bait shop
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lewdog 06:27 AM 06-22-2017
Originally Posted by BossChief:



It's called dollar cost averaging.

You spend 400 on the first one and the next 2 you got for 300 each, so you're into each one at 333.
:-)

that's not dollar cost averaging.
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TambaBerry 06:31 AM 06-22-2017
Originally Posted by Demonpenz:
I am well versed in stocks and investing. I am just poking fun at the knuckleheads that bought this thinking they were going to cash in soon. On the flip side it does concern me when it is time to get my money out, oh well I am only in for 300 anyways. Pissed more money away at Jerrys Bait shop
If anyone thought they'd make. Quick buck in this is an idiot. I'm buying ethereum to hold for at least around 5 years
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