RUTGERS95 890 Posted January 23, 2021 4 hours ago, Sniper said: Yeah, like it never happened before with Bitcoin, right? A famous quote, "Those who fail to learn Learn From History, are Doomed to Repeat it". For every person who made money on Bitcoin, there's probably 10 that got screwed. Not everyone gets sucked into get rich quick schemes. Good luck with your journey on becoming a millionaire with Bitcoin. I chose to become a millionaire the old fashion way, by working hard, saving from every paycheck and investing wisely. I won't lose what I have, depending on which way the wind blows. And it wasn't on get rich quick schemes. Here's some educational reading for you: https://medium.com/finance-republic/i-just-lost-a-bunch-of-money-on-bitcoin-heres-how-i-m-dealing-134ff802115e https://www.investing.com/analysis/why-most-people-will-lose-money-in-bitcoin-200269300 https://www.independent.co.uk/news/business/analysis-and-features/bitcoin-latest-updates-who-lost-money-price-investment-crytocurrency-exchange-a8124406.html https://www.theguardian.com/technology/2019/jan/11/experience-i-lost-1m-on-bitcoin https://www.quora.com/How-many-admit-they-lost-money-with-Bitcoin?share=1 https://medium.com/@whatbitcoindid/5-easy-ways-to-lose-money-trading-bitcoin-and-crypto-a417bfd67340 https://money.cnn.com/2018/09/11/investing/bitcoin-crash-victim/index.html https://www.forbes.com/sites/cbovaird/2020/03/12/bitcoin-lost-roughly-50-of-its-value-in-a-day/?sh=5a8257f3056a https://www.creditkarma.com/insights/i/investors-lost-1-7-billion-bitcoin-but-dont-plan-to-deduct There's tons more, just ask if you want any additional... The Bitcoin groupies remind me of the Qanon groupies. No level of facts or logic will change their minds. Go ask a "Q" follower how well that worked out this past year. Really?.. you've been pumping it up like crazy. Is that what people called it in the Fall/Winter of 2018... Winning? Or was that the chant in Dec. 2017? In all fairness, this can be said of almost any stock and is eerily similar to the dot com discussions. I like ETH, it is truly different than btc Quote Share this post Link to post Share on other sites
Cheflife15 455 Posted January 23, 2021 9 hours ago, Barms said: Obviously me and Rutgers follow the same guys. Hey sniper: If I you create a Coinbase account I will send you 1/2 a bitcoin just so I can stop you from warning us about the crashes. If you own some will you just stop it? I would send you a whole one but a half a one is up 100% in a month. Just stop man. You can dunk on us all you want when we are defeated but as of now it’s SO MUCH WINNING so just stop. It’s like I know a buddy of mine I’ve been telling him to buy for like 5 years and he keeps telling me about money laundering and terrorist financing and I’m like it’s 50x in your face and your still preaching to me Just give up. I don’t know why it bothers me so much but you just can’t help yourself to comment negative about the coin Look at the scoreboard man. I’m not telling you to buy. If it’s not your gig that’s fine but stop it with the “oh oh looks like it’s gonna crash” You can send me some Did you verify yourself on coinbase? Seems like I'm giving alot of info to an app. Quote Share this post Link to post Share on other sites
father-of-three 242 Posted January 23, 2021 11 hours ago, Barms said: Obviously me and Rutgers follow the same guys. Hey sniper: If I you create a Coinbase account I will send you 1/2 a bitcoin just so I can stop you from warning us about the crashes. If you own some will you just stop it? I would send you a whole one but a half a one is up 100% in a month. Just stop man. You can dunk on us all you want when we are defeated but as of now it’s SO MUCH WINNING so just stop. It’s like I know a buddy of mine I’ve been telling him to buy for like 5 years and he keeps telling me about money laundering and terrorist financing and I’m like it’s 50x in your face and your still preaching to me Just give up. I don’t know why it bothers me so much but you just can’t help yourself to comment negative about the coin Look at the scoreboard man. I’m not telling you to buy. If it’s not your gig that’s fine but stop it with the “oh oh looks like it’s gonna crash” Question: I have a coinbase account and some bitcoin purchased through paypal. I did both for more of investment than purchasing with it. PayPal seems like more of just for investing. Does it make sense to keep both? Quote Share this post Link to post Share on other sites
Cheflife15 455 Posted January 25, 2021 On 1/23/2021 at 6:50 AM, RUTGERS95 said: In all fairness, this can be said of almost any stock and is eerily similar to the dot com discussions. I like ETH, it is truly different than btc Eth is up 15 percent today. Quote Share this post Link to post Share on other sites
Sniper 6,372 Posted January 26, 2021 So, who became rich with Game Stop? Jump in, the water's fine! Quote Share this post Link to post Share on other sites
Cheflife15 455 Posted January 26, 2021 On 1/24/2021 at 8:36 PM, Cheflife15 said: Eth is up 15 percent today. And now its down 10 lol cryto is wild Quote Share this post Link to post Share on other sites
Sniper 6,372 Posted January 26, 2021 On 1/24/2021 at 8:36 PM, Cheflife15 said: Eth is up 15 percent today. 4 minutes ago, Cheflife15 said: And now its down 10 lol cryto is wild Enjoy the ride: Quote Share this post Link to post Share on other sites
JackDaWack 2,895 Posted January 26, 2021 49 minutes ago, Sniper said: So, who became rich with Game Stop? Jump in, the water's fine! Social media destroys anything it gets it hands on. Quote Share this post Link to post Share on other sites
Displaced Texan 11,731 Posted January 26, 2021 1 hour ago, Sniper said: So, who became rich with Game Stop? Jump in, the water's fine! Yeah, a month or so ago I thought about buying into GME. I talked myself out of it. Kicking myself. Quote Share this post Link to post Share on other sites
father-of-three 242 Posted January 26, 2021 1 hour ago, Cheflife15 said: And now its down 10 lol cryto is wild I was going to respond earler, but you beat yourself to that one, seeing the recent drop. Crypto definitely has pingpong like characteristics. Quote Share this post Link to post Share on other sites
RUTGERS95 890 Posted January 26, 2021 well much of the low remaining is options expiration this week so it's expected. That said, 4 billion worth of options has to go somewhere Quote Share this post Link to post Share on other sites
JackDaWack 2,895 Posted January 26, 2021 40 minutes ago, Displaced Texan said: Yeah, a month or so ago I thought about buying into GME. I talked myself out of it. Kicking myself. Dont, that shits gonna crash harder than a narco addict. 1 Quote Share this post Link to post Share on other sites
JackDaWack 2,895 Posted January 26, 2021 Just now, RUTGERS95 said: well much of the low remaining is options expiration this week so it's expected. That said, 4 billion worth of options has to go somewhere I have a feeling the stock is gonna stay high just to fuck the people with options, and they will sell off the high overpriced stock sometime in the coming weeks. Quote Share this post Link to post Share on other sites
Displaced Texan 11,731 Posted January 26, 2021 Oh hell no, not now. Early Jan it was $18 or so, I considered jumping in then. It’s been a bit crazy, but GME is currently $114. I should have got in that early Jan, and popped smoke around $100. Quote Share this post Link to post Share on other sites
RUTGERS95 890 Posted January 26, 2021 1 minute ago, JackDaWack said: I have a feeling the stock is gonna stay high just to fuck the people with options, and they will sell off the high overpriced stock sometime in the coming weeks. there has also been a whale unloading 2010 coins. These prices won't last, we'll be up soon enough on btc and remember, I'm an ETH guy! Quote Share this post Link to post Share on other sites
Sniper 6,372 Posted January 26, 2021 3 hours ago, JackDaWack said: Social media destroys anything it gets it hands on. Yeah, those Robinhood kids screw up everything.. Quote Share this post Link to post Share on other sites
eyeinstine 241 Posted January 26, 2021 4 hours ago, Displaced Texan said: Yeah, a month or so ago I thought about buying into GME. I talked myself out of it. Kicking myself. What the holy hell?? Whats the cause of that insane climb? I didnt read into much, but the 1 week chart is nuts... Quote Share this post Link to post Share on other sites
Displaced Texan 11,731 Posted January 26, 2021 Personally, I think it’s crack. I would have taken the gains though. Even with 28% STCG tax. I should have pulled the trigger, but shoulda woulda coulda. Quote Share this post Link to post Share on other sites
Displaced Texan 11,731 Posted January 26, 2021 HOLY CRAP!!! GME bounced off $244 in after hours trading. Down to $212 now. Quote Share this post Link to post Share on other sites
Sniper 6,372 Posted January 26, 2021 53 minutes ago, eyeinstine said: Whats the cause of that insane climb? All about the Pump and Dump: ..."Tesla CEO Elon Musk seemed to rally behind GameStop’s epic surge, tweeting out a link to the Reddit board that’s largely hyped the stock. Shares of GameStop were up more than 60% in after-hours trading on Tuesday following Musk’s tweet, which linked to the “wallstreetbets” Reddit page that has more than 2 million subscribers. The Tesla CEO tweeted “Gamestonk!!” 52 minutes ago, Displaced Texan said: I should have pulled the trigger, but shoulda woulda coulda. If it was easy, everyone would be doing it. 1 Quote Share this post Link to post Share on other sites
gleninjersey 2,139 Posted January 27, 2021 On 1/18/2021 at 6:03 PM, gleninjersey said: I've been eyeing AMC. It's been absolutely hammered and tettering on running out of cash. But with vaccine roll out and a little time it could be a nice turn around play. Or it could go belly up and equity investors get wiped out. Damn, this was just around $2 - $2.50 about two weeks ago. Now closing in on $5. Could be part of the short squeeze pop that several beaten down stocks are experiencing. Quote Share this post Link to post Share on other sites
Displaced Texan 11,731 Posted January 27, 2021 AMC is at $8 after hours. Damn Quote Share this post Link to post Share on other sites
Sniper 6,372 Posted January 27, 2021 1 hour ago, Displaced Texan said: AMC is at $8 after hours. Damn Those Robinhood kids are at it again.. Quote Share this post Link to post Share on other sites
Bklynracer 1,263 Posted January 27, 2021 Bought Blackbery not that long ago for around $7 up to 18-19, looks promising now that it cleared a patent hurdle and supposedly have really good security. Thought I read somewhere that the government only uses Blackberry phones because of there good security . Maybe you Tech guys now more. Quote Share this post Link to post Share on other sites
Displaced Texan 11,731 Posted January 27, 2021 I thought they sold off their mobile devices division. I thought all they do now was security software Quote Share this post Link to post Share on other sites
NJSigfan 218 Posted January 27, 2021 This morning Barron’s is reporting that the SEC is looking at GameStop for systematic inconsistencies in the trading of the stock. I guess a 700% jump in one month is not normal. Lol. They are looking at trading forums for signs of coordinated pump and dump discussions. in other news, futures are pointing sharply lower today so it’s looking like a rough day. Might make for some buying opportunities Quote Share this post Link to post Share on other sites
CMJeepster 2,777 Posted January 27, 2021 'I love you guys': Redditor betting on GameStop claimed to use profits to pay off student loans (yahoo.com) 1 Quote Share this post Link to post Share on other sites
father-of-three 242 Posted January 27, 2021 21 hours ago, Sniper said: Enjoy the ride: Whew! I'm sloooowly adjusting to this ride. Quite the polar opposite of today's "savings" accounts! Quote Share this post Link to post Share on other sites
JackDaWack 2,895 Posted January 27, 2021 16 hours ago, eyeinstine said: What the holy hell?? Whats the cause of that insane climb? I didnt read into much, but the 1 week chart is nuts... Its all fake. A bunch of retards in a reddit group decided to hype the stock as a way to fuckover big funds that were shorting the stock. A couple Funds called there options yesterday and lost billions of dollars. That, and they manipulated people to buy stock to shoot up their own investments. 1 Quote Share this post Link to post Share on other sites
Cheflife15 455 Posted January 27, 2021 3 minutes ago, JackDaWack said: Its all fake. A bunch of retards in a reddit group decided to hype the stock as a way to fuckover big funds that were shorting the stock. A couple Funds called there options yesterday and lost billions of dollars. That, and they manipulated people to buy stock to shoot up their own investments. Im ok with this. Some of those retards made tons of money. 1 Quote Share this post Link to post Share on other sites