Search content
Sort by
Showing 20 of 86 results by Jr65
Well said. This is the same old story lol. I wonder how long it takes for people to understand it.
equity investmnet is usually for 2-5 years ...so instead of everybody looking at the "GET RICH QUICK" scheme not panning out within 4 weeks
nigga please .....you gotta smoke ya crack and biatch slap ya whores ....by jizzle my fizzle crypto investments dont need no minding
Nice post, Donald Sterling.
It seems every time I find something that looks promising, I'm just a sucker waiting to give someone else a payout. I have been following advice a gentleman offered to "hodl" my bitcoin, from $984 all the way down to now $436. Imor've just been fooling myself, telling myself "Don't worry hon, it will go back up! It always has!" I've been spending my time reading the forums and hoping. My friends called me crazy when I told them it's a sure thing. The shame is just as bad as the lost money. So I quit. You guys win. Coins sold. 
Don't give up, Veronica! You will win the next round. Feel better soon!
Every time I see this topic come up in my recent topics list I think: how nice of OP to give us one final warning. How considerate of him!
You're welcome.
So, seems being bearish pays off. Where are the people screaming 'to da moon' 1 week ago? I hope they didn't trust too much money (again) by panic-buying. I won't make any prediction but I think we can see last 12-month low soon.
Also I'm starting to be very very suspicios of BTC being able to go beyond 700 this year.
And the key as within everyone: don't freaking sell unless you need money for the things at the base of Maslow's pyramid. Do that, and we'll have a supply shortage getting us to everywhere you want.
Hell, with only 10mil coins or so in circulation (very optimistic assumption), a guy with one coin has a fair share of power.
Also I'm starting to be very very suspicios of BTC being able to go beyond 700 this year.
And the key as within everyone: don't freaking sell unless you need money for the things at the base of Maslow's pyramid. Do that, and we'll have a supply shortage getting us to everywhere you want.
Hell, with only 10mil coins or so in circulation (very optimistic assumption), a guy with one coin has a fair share of power.
Great reference to Abraham "Maslow's Hierarchy of Needs!"
Do you promise this is the Final Warning for Long-term holders?
We don't get to look forward to any more?
We don't get to look forward to any more?
I promise. No more "final final final warnings" new threads to come.
I read most of the thread Jr65 started with the inflammatory subject and decided to plagiarize it. I will not post a single block of text but apologies in advance for grammar and typos.
Bitcoin was intended to be decentralized and peer-to-peer.
Bitcoin end is nigh
Disclosure, I completely got out of bitcoin back in January. Dont plan to re-enter. Providing my perspective for others to consider. Im sure long term holders will say good riddance, more cheap coins for us, and HODL! Id encourage anyone who is digging in harder and harder to really step back and take stock of the overall situation.
I got in because I loved the concept of bitcoin and recognized the inevitability of it. A digital nongovernmental peer-to-peer currency will happen. I just dont think bitcoin will be it. Many have pointed out its likely to be a footnote like Napster is to music distribution. I agree.
Bitcoin was intended to be decentralized and peer-to-peer.
- Mining is no longer decentralized or peer-to-peer. Individuals for the most part are done. From here on in it will consolidate more and more with fewer and fewer players backed by big investors (Private Equity, Hedge funds, Banks)
- Scalability of bitcoin seems dubious and there does not appear to be a robust development plan to re-architect fundamental issues with the protocol. Just patches and fixes. Blockchain is currently 16.5 GB in size and will easily be 50 GB within a year. http://stormcloudsgathering.com/bitcoin-what-youre-not-being-told
- Businesses are uneasy about adopting bitcoin because it is too unpredictable and unstable. May go up or down hundreds of dollars in a moments notice.
- Over the past 6 months Ive noticed very tight computer driven arbitrage happening between Bitstamp, BTC-e, and Huobi. The total market cap and daily volume is nowhere near big enough to resist manipulation. Since its not government backed or regulated, well the best of the best are free to manipulate it as much as possible. I can only imagine how the different camps manipulating it are battling it out.
- Russia, China, and other corrupt authoritarian/totalitarian governments will likely stifle anything that challenges their control of banking and the flow of money within their countries. Only those in the inner circle are allowed to launder...
- There are 650,000 stolen bitcoins out there that are likely being sold off on a regular basis providing steady downward pressure.
Bitcoin end is nigh
Disclosure, I completely got out of bitcoin back in January. Dont plan to re-enter. Providing my perspective for others to consider. Im sure long term holders will say good riddance, more cheap coins for us, and HODL! Id encourage anyone who is digging in harder and harder to really step back and take stock of the overall situation.
I got in because I loved the concept of bitcoin and recognized the inevitability of it. A digital nongovernmental peer-to-peer currency will happen. I just dont think bitcoin will be it. Many have pointed out its likely to be a footnote like Napster is to music distribution. I agree.
Thanks. Good job! Jr65
Dude, are you paying any attention? Wake up! The coins are going to be liquidated privately! No Japanese Bankruptcy Liquidator, who doesn't even know what BTC is, will take the time to spread sell orders over time at public exchanges. The Court needs money NOW! Courts do not front costs if they can avoid it and they can avoid it in this case because there are plenty of wealthy bottom-feeders in this Market. All the Court needs to know is that it will get paid. They don't give two shits about angry creditors and lowly customers even if they act like they do. This is not the Court's first rodeo. It is comprised of a bunch of bureaucratic robots who are after the most amount of money possible through the path of least resistance. (i.o.w., deep discounts for big one or two lots of money!!) There's a deal already in the making that will wipe out BTC wealth at epic proportions!
The continuing notion, on this forum, that a Japanese Bankruptcy Court has some inherent sense of fairness is just plain absurd. Bankruptcy is never fair!
The continuing notion, on this forum, that a Japanese Bankruptcy Court has some inherent sense of fairness is just plain absurd. Bankruptcy is never fair!
Did someone really just say that "Wall St. ($) was flooding in?" Wall St.? Chirp! Chirp! Crickets...and a few distant laughs! Not! Wall St. players invest with other peoples' money and if you think that they are going to start risking their careers and the financial lives of their clients for something as risky and new as BTC, you are insane. Way down the road, if BTC is still around and built out properly...maybe?!
Usually, liquidation will pay out as follows:
1. ALL, and I mean ALL, Court costs. (this will be a fortune!)
2. Employees (good faith, not Mark K. because he's going to jail!)
3. General creditors (i.e. banks)
4. Customers, users (who will get zero!)
Hope this answers your question.
1. ALL, and I mean ALL, Court costs. (this will be a fortune!)
2. Employees (good faith, not Mark K. because he's going to jail!)
3. General creditors (i.e. banks)
4. Customers, users (who will get zero!)
Hope this answers your question.
Having a jumbo mortgage, at London Interbank Offered Rate (plus 1%) with your head way above water, makes good sense. Tons of wealthy people have mortgages and put leverage to good use. I would bet dollars to dimes that the vast majority of people on the Forbes 400 have mortgages or wise debt in some form. I live next door to the biggest hockey star (worth 100 million, plus, plus!) in the world and he has two mortgages on one home. Mortgages are really one of the only ways that wealthy people can stay on the credit radar. It's important to have perfect credit when the right deals come calling. I'll give up four safe points any day of the week provided that my money is coming in at a much higher ROI. Have you ever heard of opportunity costs? Didn't think so.
THERE IS A BAIL-OUT ALREADY UNDERWAY AND NEAR COMPLETION! (totally behind the scenes!) The "bail-out" (more like "raid-out") is being done by people that do not have your interests at heart. No one is just going to bail out BTC because he/she/it feels sorry for its investors!! Go to your nearest bunker and hide if you're going to HODL BTC!