Money Bitcoin Take? - Page 107

This thread reminds me of my real estate seminars. They told us everyone not in it would be trying to steal our dreams.

Those of us in this thing have to drown out the naysayers.
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Originally Posted by MahiMike:
This thread reminds me of my real estate seminars. They told us everyone not in it would be trying to steal our dreams.

Those of us in this thing have to drown out the naysayers.

Want to join my Amway team?
Posted via Mobile Device
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Originally Posted by vailpass:
He didn't write that, Forbes did.

I understand that. He is one of a few people that only come in to post negative articles. What’s the point? Why so much hate?
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Originally Posted by Fat Elvis:
That said: For all of us crypto-naysayers, if you look at the date of the OP, ChiefRocka has probably made an absolute killing in crypto currencies from being such an early adopter.

A tip of the hat for seeing something pretty big long before most people.

Pyramid schemes typically work out very well for the very first people in. Everyone else gets screwed when it falls apart.
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I’m thinking about selling what I have and walking away but then I remember the history of the cryptos over the last year. Huge highs and lows.

I’d be pissed if it bounces back up to a grand per ether and I sell it now.

All house money and I’m buying a new house so maybe it’s time to sell and put the cash into the house.
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Originally Posted by FD:
Pyramid schemes typically work out very well for the very first people in. Everyone else gets screwed when it falls apart.

I for one am shocked that this get-rich-quick scheme didn’t work out
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Kinda funny how people are talking about crypto like it’s dead.

It’s “died” like 20 times and came back stronger every time.
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Originally Posted by BossChief:
Kinda funny how people are talking about crypto like it’s dead.

It’s “died” like 20 times and came back stronger every time.

https://youtu.be/XbZ8zDpX2Mg
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I am still in it. I invest about 30 dollars a month. Maybe one day I will have a couple thou. I got Etherium, Litecoin, Verge and Ripple
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I got a wallet full of potcoins
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Originally Posted by ChiefRocka:
Dont be snarky.

My point was you dont physically hold most of your cash, a third party bank does. You cant pull the plug on crypto, its an ignorant statement by folks who haven’t a clue. Money is what societal consensus deems it to be throughout history. Crypto is the best form of money we’ve ever had. The trend is your friend.

This is true. BoA is freezing accounts of dual citizens or people with no SSN. Have to go to court and get access. There is always a way to screw someone out of their money.
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Originally Posted by Valiant:
This is true. BoA is freezing accounts of dual citizens or people with no SSN. Have to go to court and get access. There is always a way to screw someone out of their money.

I can't believe people still bank with BoA. I walked away 20 years ago due to their high fees.
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Paul Krugman recently published in his NY Times column a skeptical opinion piece on Bitcoin: https://nyti.ms/2NYYSdw

About 90 years ago, an Anglican priest enumerated 7 social sins (https://en.wikipedia.org/wiki/Seven_Social_Sins):
1. Wealth without work.
2. Pleasure without conscience.
3. Knowledge without character.
4. Commerce without morality.
5. Science without humanity.
6. Religion without sacrifice.
7, Politics without principle.
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Originally Posted by DanT:
Paul Krugman recently published in his NY Times column a skeptical opinion piece on Bitcoin: https://nyti.ms/2NYYSdw

About 90 years ago, an Anglican priest enumerated 7 social sins (https://en.wikipedia.org/wiki/Seven_Social_Sins):
1. Wealth without work.
2. Pleasure without conscience.
3. Knowledge without character.
4. Commerce without morality.
5. Science without humanity.
6. Religion without sacrifice.
7, Politics without principle.

#1 is called passive income and is considered to be the best type of income. Making $ while you sleep.
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Originally Posted by DanT:
Paul Krugman recently published in his NY Times column a skeptical opinion piece on Bitcoin: https://nyti.ms/2NYYSdw

About 90 years ago, an Anglican priest enumerated 7 social sins (https://en.wikipedia.org/wiki/Seven_Social_Sins):
1. Wealth without work.
2. Pleasure without conscience.
3. Knowledge without character.
4. Commerce without morality.
5. Science without humanity.
6. Religion without sacrifice.
7, Politics without principle.

This is reason enough for me to remain bullish on crypto's future long-term. It's going to take time for mass adoption, but once it comes - watch out.
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