Bitcoin sinks to new 13-month low

Discussion in 'The Lounge' started by HFBCommenter, Nov 19, 2018.

  1. Roman Fell #JYPNation

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    Guess no one here is shedding a tear over @The Crypto Guy and his misfortune. Maybe you shouldn't have converted your IRA to Bitcoin.
     
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  2. Roman Fell #JYPNation

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    Crypto"currencies" are all pyramid schemes.

    They serve no real purpose unless you are a scumbag doing scumbag things. They are exceptionally bad on the environment and energy usage. And they prey on young people and less than knowledgeable "investors".

    f*** them all. Find a new use for blockchain that actually solves a problem instead of creating more. The technology has some potential, but it's current use is a shit show.
     
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  3. Roman Fell #JYPNation

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    lmao the crypto guy trying to say "this was always a long term investment"

    that's loser talk :laugh:

    translation: i'm dirt poor now but IN THE FUTURE IN 10 YEARS I'LL HAVE THAT MONEY BACK

    who cares about the future
     
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  4. BigMac1212 Sleep is for scrubs

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  5. Roman Fell #JYPNation

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    The problem with bitcoin was it was all a trendy fad and had no serious long term effects

    People just heard about it on the news and invested everything into it hoping to get rich quick :laugh:

    Then it all busts and now these people lost a ton of money on a meaningless fad currency which will bust very soon. don't tell me about "long term" there isn't any :laugh: all this cryptocurrency garbage is a fad from people who just want to get rich quick. Everyone knows about it now. You aren't getting rich off this **** :laugh:
     
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  6. Roman Fell #JYPNation

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  7. Roman Fell #JYPNation

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    Even noted Cryptocurrency advocate Gardner McKay said

    :laugh:

    it's dead
     
  8. OmniCube another good friend's heart explodes

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    Not defending crypto because I am not interested in putting any scratch into those securities, but 10 years is a very short time for an investment portfolio.
     
  9. Roman Fell #JYPNation

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    Bitcoin falls below $5,000

    The fall brought the total value of all Bitcoin in existence to below $87bn.

    On Thursday, 15 November, Bitcoin Cash - an offshoot of Bitcoin - split into two different crypto-currencies, which are now in competition with each other.

    And some observers have blamed this for creating turmoil in the crypto-currency markets, with many of the digital assets experiencing falls.

    Bitcoin exchange Kraken said in a blog post that it regarded one of the two new Bitcoin Cash crypto-currencies - Bitcoin SV - as "an extremely risky investment".
     
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  10. OmniCube another good friend's heart explodes

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    I'm not a cryptocurrency investor so there's no skin off my back if it bombs.

    I'm just saying that 10 years is a really short time in the investment game.
     
  11. Roman Fell #JYPNation

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    Fine by me. Even longer for @The Crypto Guy to see any meaningful return on investment :laugh:
     
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  12. Hammettf2b oldmanyellsatcloud.jpg

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    In normal circumstances. We know nothing when it comes to made up currency.
     
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  13. Kevs Security inmateMack/CanesMack/LeafMack/elMacko

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    Good 2 know since I invested in bitcoin not long ago. Well I shall gamble my money back, it's a lesser risk than crypto currencies anyway

    -Mack
     
  14. Fixed to Ruin Come wit it now!

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    One year ago...

    [​IMG]

    Today...
    [​IMG]
     
  15. cupcrazyman Stupid Sexy Flanders

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  16. Mud the ACAS St. Louis Blues: 2019 Stanley Cup Champions

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    Sweet, now I can go find the guy who took the other side of my "below $6K before it gets back to $12K" bet back in February, then doubled down on it with my "below $5K before it gets back to $10K" offer in June.
     
  17. Son Goku henlo u stinky egg

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    Glad I never invested in this
     
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  18. Roman Fell #JYPNation

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    @The Crypto Guy must have lost internet access due to this continual slide :laugh:
     
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  19. Fixed to Ruin Come wit it now!

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  20. Roman Fell #JYPNation

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    buttcoin :laugh:
     
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  21. ScottishCanuck Registered User

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    You're getting far too much pleasure out of someone losing money.
     
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  22. Fixed to Ruin Come wit it now!

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    Cryptos in free fall mode right now.
     
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  23. Jiminy Cricket #TeamMeat

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    :yo::yo::yo: LITERALLY BANKRUPT :yo::yo::yo:
     
  24. Roman Fell #JYPNation

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    You don't understand, @The Crypto Guy acts so arrogant to everyone so when his beloved crypto fails it's hilarious. Maybe he shouldn't have talked so much crap. You see how he still hasn't commented in this thread yet despite multiple tags? :laugh:
     
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  25. Roman Fell #JYPNation

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