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Did $5,000 per Bitcoin convince you to join in?

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hall4cy

Active Member
Oct 22, 2007
324
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28
Dallas, TX
I might be late to the party. but I recently joined in on the cryptocurrency trend. Doing some mining, bitconnect, and chain group investing with some discretionary income to see where it goes. Anyone else in the same boat? Fun discussion point none-the-less. I have been averaging 2% returns daily so far on 1 week of returns.
 
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More like "camo currency." Now you see it, now you don't!

Remember that first time that one guy bought that one pizza from that one other guy with that one kind of currency?
 
Would rather just buy some currency than invest in mining schemes. Like the idea never sure about the timing.
 
Hey, that is why you go I am going in with a few bucks and see how it goes. I have done a lot worse on a night at the bar. It's getting hard not to start to take a 100 billion dollar cap seriously at this point.
 
hall4cy said:
Hey, that is why you go I am going in with a few bucks and see how it goes. I have done a lot worse on a night at the bar. It's getting hard not to start to take a 100 billion dollar cap seriously at this point.
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In principle, and from a philosophical standpoint, I love the idea and think it is necessary. From an investment standpoint, long term, I feel like you are kind of betting on something that is a threat to all of the central banks and governments in the world. Just seems kinda dicey to me if **** gets real.
 
hall4cy said:
I might be late to the party. but I recently joined in on the cryptocurrency trend. Doing some mining, bitconnect, and chain group investing with some discretionary income to see where it goes. Anyone else in the same boat? Fun discussion point none-the-less. I have been averaging 2% returns daily so far on 1 week of returns.
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You think bitcoin is dicey, you should get into altcoins and ICO’s......that whole market is a rabbit hole.

If you want to do some mining, get yourself a good GPU, and start mining on NiceHash and you can make an extra $50-60 per month. Enough to make ROI in the GPU in less than seven months, pretty nice if you’re into PC gaming.
 
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Cyclonepride said:
In principle, and from a philosophical standpoint, I love the idea and think it is necessary. From an investment standpoint, long term, I feel like you are kind of betting on something that is a threat to all of the central banks and governments in the world. Just seems kinda dicey to me if **** gets real.
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I read somewhere that if bitcoin can take just 5% of the gold investment market, it would sit at $25,000/bitcoin.

http://www.businessinsider.com/bitcoin-price-soar-20000-tom-lee-fundstrat-gold-2017-7
 
jpete24 said:
You think bitcoin is dicey, you should get into altcoins and ICO’s......that whole market is a rabbit hole.

If you want to do some mining, get yourself a good GPU, and start mining on NiceHash and you can make an extra $50-60 per month. Enough to make ROI in the GPU in less than seven months, pretty nice if you’re into PC gaming.
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I have been trading the other currencies as well with some bots. From everything i have read, i think this is just getting started in mainstream use. I worked for Fidelity the last few years and we were starting to create apps for bitcoin, so the big boys are paying attention.
 
hall4cy said:
I have been trading the other currencies as well with some bots. From everything i have read, i think this is just getting started in mainstream use. I worked for Fidelity the last few years and we were starting to create apps for bitcoin, so the big boys are paying attention.
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What bots you using?
 
I have a buddy who got into it big early and has quite the stash. Not sure how much mining he still does but he said he had half of what he had stolen so I guess that is a thing. I looked into it but decided the initial investment and not being that techie that it wasn't for me.
 
Pay far more attention to Blockchain than to the currencies. Blockchain is the real gem in all of this.
 
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