Crowd sourced investing:AndyC wrote:This has nothing to do with doomsday scenarios, guys - it's investing
http://mashable.com/2017/05/31/twitch-p ... tockstream
Crypto-currencies
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TexasJohnBoy
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Re: Crypto-currencies
http://mashable.com/2017/05/31/twitch-p ... tockstream
TSRA Member since 5/30/15; NRA Member since 10/31/14
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talltex
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Re: Crypto-currencies
Been a nice run for Etherium the last 2 weeks, and having major corporate entities such as Microsoft and Apple signing onto the block chain platform gives it additional legitimacy. Chinese and other Eurasian markets poised to allow trading could keep pushing it up. It's still extremely volatile as traders move in and out causing big swings on a daily basis but keeps moving back up after each round of selling.AndyC wrote:This has nothing to do with doomsday scenarios, guys - it's investing
"I looked out under the sun and saw that the race is not always to the swift, nor the battle to the strong" Ecclesiastes 9:11
"The race may not always go to the swift or the battle to the strong, but that's the way the smart money bets" Damon Runyon
"The race may not always go to the swift or the battle to the strong, but that's the way the smart money bets" Damon Runyon
Re: Crypto-currencies
If you can afford a pound of gold right now, you can afford a great many pounds of bacon.RossA wrote:If the a problem arises, and society has gone to ****, I would rather trade for your pound of bacon than for your pound of gold. I don't care what conventional wisdom says, after everything goes downhill, gold and silver won't be worth much if you can't eat it, drink it, wear it, medicate with it, defend yourself with it, etc.
Just my opinion.
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talltex
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Re: Crypto-currencies
ETH has continued to climb steadily over this last week. Was at $250 last night and at $262 earlier this morning. The total market cap for all crypto has gone from $30 billion 60 days ago to over $100 billion yesterday. Putting a little bit into some of the lesser known cryptos is pure speculation but can payoff big-- Ripple was selling at .006 cents 3 months ago and is about .28 now--$100 would have bought 16,000 @ .006 and would be worth $4500.00 now. My concern now is the sudden proliferation of unproven block chain cryptos trying to jump into the market before they have any proof of concept or legitimacy. I think a lot of them will fail to gain any traction.AndyC wrote:I'm vested mostly in Ethereum myself, with a few different tokens which have actual services running already. I'm interested in throwing a couple hundred dollars here and there into others, too.
"I looked out under the sun and saw that the race is not always to the swift, nor the battle to the strong" Ecclesiastes 9:11
"The race may not always go to the swift or the battle to the strong, but that's the way the smart money bets" Damon Runyon
"The race may not always go to the swift or the battle to the strong, but that's the way the smart money bets" Damon Runyon
Re: Crypto-currencies
Read Texas author Cormac McCarthy's Road. Won the 2007 Pullitzer for fiction for it's gritty dark portrayal of global cooling in a nuclear winter. Yeah bullets and food in the right containers. Takes place maybe 10 years after the apocalypse. Yes, we all have enough to last us 3 months, but what then.
He also wrote No Country for Old Men.
Both made into movies.
He also wrote No Country for Old Men.
Both made into movies.
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talltex
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Re: Crypto-currencies
Off-topic but one of my favorite authors. Have read everything he's written and highly recommend the "Border Trilogy" which is 3 separate books which cover many years in the lives of a number of related characters. It is also available in a combined edition with all three in one (very long) edition. One of the trilogy--"All the Pretty Horses" was made into a movie also and worth watching.philip964 wrote:Read Texas author Cormac McCarthy's Road. Won the 2007 Pullitzer for fiction for it's gritty dark portrayal of global cooling in a nuclear winter. Yeah bullets and food in the right containers. Takes place maybe 10 years after the apocalypse. Yes, we all have enough to last us 3 months, but what then.
He also wrote No Country for Old Men.
Both made into movies.
"I looked out under the sun and saw that the race is not always to the swift, nor the battle to the strong" Ecclesiastes 9:11
"The race may not always go to the swift or the battle to the strong, but that's the way the smart money bets" Damon Runyon
"The race may not always go to the swift or the battle to the strong, but that's the way the smart money bets" Damon Runyon
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Liberty
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Re: Crypto-currencies
This thread this summer got me to thinking. Why not invest a little in cybercurrency? I did. Not a significant portion of my portfolio, Just a few hundred dollars. It's been fun watching this grow so fast. It's more exciting than a casino and a lot more profitable. This isn't the first time that this forum prodded me on to make a good decision. Bitcoin has tripled in value.
Liberty''s Blog
"Today, we need a nation of Minutemen, citizens who are not only prepared to take arms, but citizens who regard the preservation of freedom as the basic purpose of their daily life and who are willing to consciously work and sacrifice for that freedom." John F. Kennedy
"Today, we need a nation of Minutemen, citizens who are not only prepared to take arms, but citizens who regard the preservation of freedom as the basic purpose of their daily life and who are willing to consciously work and sacrifice for that freedom." John F. Kennedy
Re: Crypto-currencies
Good for you! The day the OP started this thread Bitcoin closed at $2326.10 It reached a high of $11,365 today before coming back down to around $10K. Insane return.Liberty wrote:This thread this summer got me to thinking. Why not invest a little in cybercurrency? I did. Not a significant portion of my portfolio, Just a few hundred dollars. It's been fun watching this grow so fast. It's more exciting than a casino and a lot more profitable. This isn't the first time that this forum prodded me on to make a good decision. Bitcoin has tripled in value.
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ScottDLS
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Re: Crypto-currencies
Yeah...YOU CAN’T EAT GOLD, mannnnnnnnn......ELB wrote:There's nothing more behind gold and silver than there is behind any currency. People just agree to assign value to it. Or not. Bullets and bacon have some intrinsic use that can give them value.
Bullets, fuel, and non hybrid seeds will be the coin of the realm when the dead walk again (zombie apocalypse TWD style). Now who’s skull is Neegan gonna bash in next...
4/13/1996 Completed CHL Class, 4/16/1996 Fingerprints, Affidavits, and Application Mailed, 10/4/1996 Received CHL, renewed 1998, 2002, 2006, 2011, 2016...). "ATF... Uhhh...heh...heh....Alcohol, tobacco, and GUNS!! Cool!!!!"
Re: Crypto-currencies
I think that an increasing amount of this latest runup represents hedges by people living in nations with shaky currencies who are practically or legally prohibited from more traditional hedges like real estate or precious metals.
Any currency, including gold, is worth only as much as people believe that it is worth. We very easily forget that money is a purely psychological phenomenon.
Any currency, including gold, is worth only as much as people believe that it is worth. We very easily forget that money is a purely psychological phenomenon.
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CleverNickname
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Re: Crypto-currencies
John McAfee says 1 BTC will be worth $1M by the end of 2020, or he will do something on live TV which I'm not allowed to descibe here due to the board's conduct code.AndyC wrote:My investment has doubled in that time - sure, it swings up and down but I'm hodling for the longer term. As for Bitcoin - one respected analyst thinks it could hit $40k easily.