Official saddo financial thread

[walrus]

FYI I took profits and will now sit on the sidelines as Bitcoin is going crazy at the moment

[walrus]

I just want to reiterate I do not recommend Bitcoin unless you really look at it and know what u are getting into. Yes, you can make a lot of money quickly but from what I see there is little rhime or reason for these price increases. I guess volume but it's tricky to follow volume, thank you.

[walrus]

Ok Bitcoin is back up you should all put all ur money into it. I also got some litecoin you can do that as well

[brocktonblockbust]

nasdaq bitcoin futures like I said yesterday come out Jan. 20 is going to fucking DESTROY bitcoin.

[walrus]

nasdaq bitcoin futures like I said yesterday come out Jan. 20 is going to fucking DESTROY bitcoin.

Dude do u have any clue what ur talking about

[brocktonblockbust]

https://www.youtube.com/edit?o=U&video_id=q6ny-_WOeZE

[walrus]

Nasdaq trading Bitcoin futures may help give it value you unless they start manipulating it

[walrus]

Bitcoin over 11,000, I made a transaction but it takes time to process. It needs to come in before it crashes again or I'll be on miles couch

[brocktonblockbust]

To prosper, holders of bitcoin have to spend/deposit BTC into exchanges/other service, while most of those service webmasters are anonymous. There is no sound reason for them to dare to ask people to give BTC/money to them while persuading people to believe "anonymous is the convention of Bitcoin World.

Convention? Now

[walrus]

To prosper, holders of bitcoin have to spend/deposit BTC into exchanges/other service, while most of those service webmasters are anonymous. There is no sound reason for them to dare to ask people to give BTC/money to them while persuading people to believe "anonymous is the convention of Bitcoin World.

Convention? Now

The blockchain transactions are anonymous but the exchanges aren't. I'm not really concerned about that it's just an exciting thing to play with

[Master]

https://www.msn.com/en-gb/money/news...cid=spartanntp

[walrus]

https://www.msn.com/en-gb/money/news...cid=spartanntp

Master it's scary. This has been repeated though not with so much value many times. People set up elaborate wallets to store Bitcoin and then loose access (keys) making the coin impossible to retrieve. I'm talking to one guy who lost ten bitcoins doing just that, that's over 100,000 buckaroonys. Bitcoin is now hovering around 12,000 (just under) probably having another dip coming up.

[walrus]

@Master there is another crypto called litecoin that has done quite well. A friend of mine got some when it first came out and bought a computer for 275 dollars worth of litecoin. That 275 of litecoin is worth 30,000 today so my friend always points out his 30,000 dollar computer to people who come over, he doesn't allow anyone to touch it

[Dannl99]

So eventually this bubble will burst... how do you know when to get out?

[walrus]

So eventually this bubble will burst... how do you know when to get out?

Dude I wish I knew. I do lean towards crypto being a bubble. Honestly the only way to truly avoid it is to stay out of it. Others say if Bitcoin does become a truly accepted currency it will be over 100,000 a coin. You can find all kinds of crazy predictions including the bubble one. You asked when do you know when to get out, truth being you can never find the top or bottom of these financial things until it has come and gone. I'm being prudent with it, it's making money now. If you are interested read up on it, see what you think, one Bitcoin at this moment (it can change quickly) is 11,800. You can purchase fractions of it or mine it if you have the technology to do it