Bitcoin, will you join the pyramid scheme and get rich?

[QuietB]

Sell your parents and the kids too, there's no ceiling to something that's jumped since the 3rd of January, 2017

I'd sell them for some Lehman Brothers shares

 

[Laphroaig]

I'd sell them for some Lehman Brothers shares

How about some Poseidon?

 

[QuietB]

How about some Poseidon?

Ill take 2

 

[Geelong Dynasty]

I got rich and bought a new Ford

Sent from my iPhone using Tapatalk

 

[maryjames]

Only if I put $100 down in 2010 it be worth 75 million today.

 

[bontshow]

Thread delivers

 

[Down at K Park]

Everything is being smashed atm. Good time to get in once it bottoms out and it rises again.

 

[Geelong Dynasty]

 

[Laphroaig]

Everything is being smashed atm. Good time to get in once it bottoms out and it rises again.

That's just what Wall Street Brokers were saying in in 1929. Just before they started jumping out of windows.

 

[GudOnya]

Quick guys, take out a second mortgage to take advantage of the upcoming rebound!

http://www.news.com.au/finance/mone...s/news-story/3775fe60f78da3c9bd53cedf3ef0f23b

 

[skipjack]

Regarding yesterday

At the time of writing, ripple was down nearly 50 per cent on the previous day, ethereum had lost nearly 34 per cent of its value, bitcoin cash was down nearly 37 per cent and bitcoin was down 27 per cent to just under $US10,200.

 

[Laphroaig]

Regarding yesterday

At the time of writing, ripple was down nearly 50 per cent on the previous day, ethereum had lost nearly 34 per cent of its value, bitcoin cash was down nearly 37 per cent and bitcoin was down 27 per cent to just under $US10,200.

POP!!!

 

[David Schwarz]

Quick guys, take out a second mortgage to take advantage of the upcoming rebound!

http://www.news.com.au/finance/mone...s/news-story/3775fe60f78da3c9bd53cedf3ef0f23b

Cryptocalypse would be a brilliant title for an Ancient Egypt zombie movie

 

[JoseMourinho]

And that is why I said to only take a punt and not bet the house on it. It has no business backing it and forex is involved with all australian investors.

 

[HairyO]

Regarding yesterday

At the time of writing, ripple was down nearly 50 per cent on the previous day, ethereum had lost nearly 34 per cent of its value, bitcoin cash was down nearly 37 per cent and bitcoin was down 27 per cent to just under $US10,200.

A mere blip. Im on the MaryJane train.

 

[skipjack]

But no guys, it's just a temporary set back. Dump your other investments and invest in a product that has no reasonable sustainable growth expected other than mum and dad investors hearing about the new "easy money / can't lose" thing.

A mere blip. Im on the MaryJane train.

1. I'm not saying crypto isn't here to stay. It will be used. (Whether those that will use it most are criminals, tax dodgers and super high level businesses or the general public, I don't know.)

2. A blip. Ok. There are two scenarios - you were clever or well informed and got in when it cost $11 and you are so far up a blip doesn't matter. If so well played. If not, you are ignoring that this is a very, very new enterprise whose monumental growth over the past few months was made purely on the "I don't want to miss out" factor. Growth wasn't due to any of the usual factors that drive an investment price up. You saw those same people jump ship just as quickly today when cryptos lost up to 35% in a day...

In short, as a technology it's here to stay. As a current investment? Pure speculation / guessing / gambling. Which is fine. I like to gamble. But I wouldn't want anything other than my spare change in it. I missed the boat. Trying to guess which is the next boat to jump on screams of dot.com investing.

 

[David Schwarz]

In short, as a technology it's here to stay. As a current investment? Pure speculation / guessing / gambling. Which is fine. I like to gamble. But I wouldn't want anything other than my spare change in it. I missed the boat. Trying to guess which is the next boat to jump on screams of dot.com investing.

Moral of the story: Play blackjack - it’s more fun

 

[ArcherOfLoaf]

The currency of the future sounding like 1991.

 

[QuietB]

Moral of the story: Play blackjack - it’s more fun

Except Crown are the biggest pack of campaigners that ever existed. Worse losers than Joel Selwood

 

[HairyO]

MaryJane got a portfolio update?

Been awful quiet last few days.

 

[Packedlunch]

MaryJane got a portfolio update?

Been awful quiet last few days.

Been busy building his empire!

 

[Chief]

Hey guys!

Get on this revolutionary coin!

The sky's the limit!

https://www.bigfooty.com/forum/forums/crypto-currency-mining-mine-beancoin-4-free.59/

 

[LETSGOKANGAS]

It's got a currency, you can trade it, it's a coin.

Sweet man.

 

[DapperJong]

Sweet man.

Uh huh

 

[TallyHawk]

Everything is being smashed atm. Good time to get in once it bottoms out and it rises again.

I’m worried you put all of your Ford redundancy into this scheme.