Takeiteasy
Space Marshal
Yes very true and I was so chuffed when I saw I doubled my money for free. Now though it's like "if only I held out" but like you say I got free money and don't have to risk a crash and losing my £60.
Video: Speculative bubbles of the past and bitcoin
- Thread starter Montoya
- Start date
@Montoya, BRE-X! Seriously? You don't look old enough now, to have been anything more than like12 when Bre-x was a thing! And you made the only mention of Barrick Gold I've heard in a very long time.
But! You're I think your analysis is absolutely right. You could add Nortel stock too those illustrations too. Nortel is like the godfather of the tech bubble to me. Telephony manufacturer turned web application developer in 1998. In the next 4 years they built up stock value to 124 Canadian, riding on the tech bubble. Then in 7 days in August 2002 the stock fell to $0.47. The loudest POP! in Canadian history.
But! You're I think your analysis is absolutely right. You could add Nortel stock too those illustrations too. Nortel is like the godfather of the tech bubble to me. Telephony manufacturer turned web application developer in 1998. In the next 4 years they built up stock value to 124 Canadian, riding on the tech bubble. Then in 7 days in August 2002 the stock fell to $0.47. The loudest POP! in Canadian history.
Radegast74
Space Marshal
@Montoya, our glorious leader was certainly right about this going mainstream:
From today's "reality-based media":
https://www.nytimes.com/2017/12/21/technology/bitcoin-blockchain-stock-market.html
To me, the final sign before the bubble bursts is when you start hearing "You just can't lose money doing this!" You want to sell all your holdings either before or immediately when you hear that.
From today's "reality-based media":
https://www.nytimes.com/2017/12/21/technology/bitcoin-blockchain-stock-market.html
To me, the final sign before the bubble bursts is when you start hearing "You just can't lose money doing this!" You want to sell all your holdings either before or immediately when you hear that.
The secret to my youthful looks is moisturizing with Derek Smart tears.
You are correct, I forgot about NT!
Its a sad story, they were the kings of telecom. Too many bad investments, buying overpriced crap caught up to them.
Great Video Boss Montoya.
One thing I would add to Montoya telling you to cash your profits our regularly is - NEVER SELL IT ALL always keep some lying around, that way you really can take advantage of the possibility of bitcoin going to 1 million in the future. Even if you just keep 0.1 that's all the ships and beer you can drink in 5 years whilst your waiting for SQ42 to come out :D
One thing I would add to Montoya telling you to cash your profits our regularly is - NEVER SELL IT ALL always keep some lying around, that way you really can take advantage of the possibility of bitcoin going to 1 million in the future. Even if you just keep 0.1 that's all the ships and beer you can drink in 5 years whilst your waiting for SQ42 to come out :D
That bitcoin ride last night was rediculas i think i made a bit profit thought following the wave. I would have made more if i had just stated at 180 usd in litecoin all the way up to the now 291 usd in litecoin. instead i was buying and selling to try to catch the highs and lows due to the volitility
Aaaand our Glorious Leader was right again.... https://gizmodo.com/bitcoin-crashed-and-took-the-whole-market-down-with-it-1821529613
I am never wrong, and if I am, its because I purposely chose to be wrong to give somebody the pleasure of correcting me! :D
It's not over yet pay no attention to the news till everything has settled out. atm bt c is almost back up to 15k from 10k this morning.(it was at 15k for most of yesterday) we will see where it goes from here as what the past has shown us is after a large relief like this usually all crypto shoots back up.
I am hoping to go and buy just $10 of ripple and let it sit for a few months.
For me, this is 'free' money since it's from the Etherum and Litecoin investment I had going so even if I lose it all, I'm not hurt since its from capital gains I got from last one.
For me, this is 'free' money since it's from the Etherum and Litecoin investment I had going so even if I lose it all, I'm not hurt since its from capital gains I got from last one.
Grimm_Reaper
Space Marshal
Now that the correction is taking place, its going surge back up. Just a matter of when to invest
It's never to late to invest i kept telling myself the same thing each time bitcoin hit a milestone.
We said the same thing during the dot com bubble.
Thing is, you don't know its a bubble until its over.
That's why i only invest money that i would survive if i lost. If you invest more than you have then you're already making a mistake. Have to take risks sometimes in your life or you will miss out on good stuff. As another good man said you win some you lose some. After that dip from last week i'm back where i started because i payed attention to the dip the whole day and bought back in at the right time just before the recovery i actually almost had a profit if i would have just had a little more faith.