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Real estate folks, real estate :)
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Up, up, up, and away.....
That's how Bitcoin will be remembered :) |
Why does this all sound familiar .....
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BitConnect was shut down because it was a scam trading site, which traded in Bitcoins. Bitcoins are a currency, and trading in Bitcoins has NOT been halted. Bitcoins, and Bitcoin trading is chugging along just fine, and all sorts of people have more money now than they did before they started trading in various crypto-coins. So, the title of the thread is, well, 100% wrong. Expected, from someone who keep trotting out the "monkey story" and the "tulip story". :rolleyes: |
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What did he replace it with? |
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I didn’t read the article but just based on the comments I figured this to be the case. Just checked coin cap and trades are still happening. Yes the price is down but it’s yo-yo’d before.... I don’t have BTC but I have ETH and GNT. Even at the current prices I’ve more than doubled my money in about 7 months... |
You guys realize that Ponzi schemes were around long before crypto currencies, and cash was used for illegal activities back then too...
But that’s not a sensational thread title. |
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There are about 40-50 exchanges out there. Sell your bitcoin for USD - deposit into your account. Simple. Bitconnect was one exchange that dealt in crypto-lending among other things... Not sure why all the hate for Bitcoin - I think it's "sour grapes" along with some FOMO and some FUD all mixed together? It is what it is. Like any speculative instrument - risk vs. reward. Bitcoin? Its like Vegas - on meth. Just know what you're getting into and allocate $ accordingly. you could lose it all instantly. However fraud is rampant since the source of a lot of BTC, the hardware, the exchanges, etc.. are in unregulated countries like Russia and China. No repercussions for the scammers. I've purchased mining hardware on and off. There are probably 20 fake websites that will take your money and send you nothing for every 1 that is legit. Add to that the BTC community forums are literally full of jack-wagons that are pompous know-it-alls full of paranoia, snap judgements, and morons sprinkled with a few decent people in my experience. Its a real mine-field. I've been lucky so far by being super-careful and not risking any more than I am willing to lose without losing sleep. ...but geez. Chill. |
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Interesting data point. China has been doing this regularly since 2013. Put on your tinfoil hats: The cycle? Released "rumors" hit the news sites suggesting various bans - the price drops dramatically- then the Asian markets buy a ****-ton of crypto and the gov't denies they are going to do it. Price rises again. This cycle has generated hundreds of billions for Chinese investors. Coincidence? Follow the money. I believe in decentralized currency, but lack of regulation means there is zero consequence if this isn't coincidence. |
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I had a list of reasons for selling that car. Money was not on that list. |
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No FUD here.
Just a popcorn muncher waiting for the North Koreans to pounce... |
When markets crash I'm always glad that I invested all my $$ in restaurant meals. :)
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