Bitcoin sinks to new 13-month low - NO Politics!

[John Price]

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.

Click to read more...

 

[John Price]

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.

 

[John Price]

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

that's loser talk

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

who cares about the future

 

[BigMac1212]

 

[John Price]

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

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 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 ****

 

[John Price]

Bitcoin Price Hits 13-Month Low as Crypto Market Slumps - CoinDesk

 

[John Price]

Even noted Cryptocurrency advocate Gardner McKay said

Just saying I don't really see a long term path for the sector at the moment. Crypto's continue to fork and devalue. Companies are investing in their own blockchain solutions. Many coins have no real use and were simply means of funding a project.

I get the whole long term investment piece. I'm saying I don't like the direction crypto is heading. Just my own 2c.

it's dead

 

[member 157595]

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

that's loser talk

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

who cares about the future

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.

 

[John Price]

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.

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".

 

[member 157595]

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.

 

[John Price]

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.

Fine by me. Even longer for @The Crypto Guy to see any meaningful return on investment

 

[Hammettf2b]

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.

In normal circumstances. We know nothing when it comes to made up currency.

 

[Kevs Security]

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

 

[Fixed to Ruin]

One year ago...

Today...

 

[cupcrazyman]

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.

 

[Ted Hoffman]

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.

 

[Son Goku]

Glad I never invested in this

 

[John Price]

@The Crypto Guy must have lost internet access due to this continual slide

 

[Fixed to Ruin]

 

[John Price]

buttcoin

 

[ScottishCanuck]

You're getting far too much pleasure out of someone losing money.

 

[Fixed to Ruin]

Cryptos in free fall mode right now.

 

[Jiminy Cricket]

LITERALLY BANKRUPT ​

 

[John Price]

You're getting far too much pleasure out of someone losing money.

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?

 

[John Price]

Bitcoin, bank fraud and bloodshed: New York woman pleads guilty to supporting ISIS terror group