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Showing 6 of 6 results by valkener
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
valkener
on 15/05/2018, 19:22:49 UTC
Quote
TLDR: Consensus has become a cesspool of ICO scams.

Have you looked at the agenda? There aren't any ICO's there. Not saying the conference is good. I'd say there's a lack of good speakers (such as Andreas).
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
valkener
on 01/05/2018, 12:23:08 UTC
Of course there is absolutely no investment that is 100% risk free, but real estate is "safe enough".

Real estate as an investment is ok if:

1. You own it outright, or are actively working to own it outright

2. It pays you back (e.g., renter or leaser income)

3. It has some appreciation

Otherwise, it definitely isn't an "asset" unless it meets those criteria. It is a liability. I cringe when I hear people talk about their home as an "asset", especially when it's not paid off and they have zero intention of ever selling it.

That's simply not true and depends highly on how much equity you have in the house. In fact, not living in the house and having to sell it makes you pay a lot more capital gains taxes compared to selling a house you're actually living in (or have lived within a certain amount of years). Of course it depends on the neighborhood and location, but generally Americans have a lot of their wealth stored in their home and that's not a bad thing. It's generally much safer to live in the house that you are paying off (the benefits are greater) but renting can also be great as long as you're able to find good renters, which can be very difficult. It's still an asset if you have paid off a decent amount and don't live in an undesirable location.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
valkener
on 29/03/2018, 12:44:42 UTC
I don't usually post here but in my opinion the current downtrend and stagnation is because of the mt. gox coins. It's like a looming sword hanging over bitcoin. I didn't buy into most FUD like China ban, Korea ban, etc. but personally when I read that Kobayashi sold thousands of coins, and could possibly sell many, many more it was the first time I actually got worried for bitcoin. If I was an investor, and thinking of investing a million or two, into bitcoin, this news would absolutely change my mind. Not only is it very plausible that those coins can be sold in the near future, but the impact is very clear.

I don't think the crash from the ATH was caused by Kobayashi, but I think the current stagnation and continuing down-trend certainly was. It has made people much more cautious and the only way out of this is if the court in Japan would release a statement that these coins will 100% not be sold but returned to the original owners in some fashion (as they should be). I know there was a statement that, until September, there will be no further sell-off but as an investor, 6 months are too soon for me to risk any significant amount just to have bitcoin dumped by a whale, or more appropriately, the mother of all whales. I am hoping this is not discouraging, I hope to be wrong and believe this can be turned around but to be honest right now I don't know how.
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Board Speculation
Re: GBTC Bitcoin Investment Trust Observer
by
valkener
on 01/02/2018, 13:30:06 UTC
I think most people use their ira/roth ira on fidelity to buy GBTC. I don't think they can buy COINXBT on fidelity if it's an IRA? At least I cannot see it and I only have Stocks/ETF available. So the big part of GBTC are IRA's.
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Topic
Board Mining (Altcoins)
Re: [ANN]: cpuminer-opt v3.8.0, open source optimized multi-algo CPU miner
by
valkener
on 30/01/2018, 23:09:49 UTC
hello, I have an i5 2500S that should have AES-NI. does this mean your cpuminer-opt is better than the cpuminer-multi? I'm just looking for the best scrypt miner for this intel i5 2500S processor. I've gotten up to 200 h/s on xmr-stak but that is cryptonight. would appreciate for some input
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Topic
Board Altcoin Discussion
Re: IOTA - buy some more?
by
valkener
on 05/12/2017, 21:49:26 UTC
Shill me on IOTA please, why should I buy?

More like where? withdrawals suspended on binance