The Frustration of Ideology: Investing in Cryptocurrency

a reply to: Mandroid7


And from what I see in your post has nothing to do with crypto. Or do you have knowledge of what crypto is and what it is doing?

A well rounded investment should have metals, real estate-passive income-stocks/bonds-and now crypto. If you don't like crypto, that is fine.

All the above listed investments are subject to emotional investments.

Do you buy KFC? This very well may be the beginning of the beginning.

KFC is not too chicken to take Bitcoin

a reply to: AMPTAHwww.cryptocentral.net...

originally posted by: projectvxn
This is exactly what I mean.

You display ignorance in your pontification make grandiose statements to your "experience" and believe your opinions equivalent to facts.

"Please go read up on this technology."

Was your arrogant, emotion-driven response to my first post.

If your insulting people that don't trust it yet, I know you are over invested.

Bitcoin isn't rocket surgery. We've all seen the videos.

a reply to: Mandroid7

Excuse me?

That is a legitimate request. Because if you had read up on this technology, you'd know that the development team behind bitcoin and nearly all cryptos are open, their source code is open, and their development is a matter of public record. That's why you got that reply. The one exception being Satoshi.

That is MORE than reasonable.

You've since been arguing a moot point from a position of ignorance.

If your insulting people that don't trust it yet, I know you are over invested.

A simple request is an insult to you? How old are you?

Do you always have such strong opinions on things you know nothing about?

You also shoot yourself in the foot when you don't help teach what the "real story" of bitcoin is.

You are indirectly pushing away potential investors.

New investors are the lifeblood of your industry.

This op could cost you money.

a reply to: Mandroid7

You also shoot yourself in the foot when you don't help teach what the "real story" of bitcoin is.

Well, tell us the real story wise one. You seem to have all the answers here.

This op could cost you money.

Are you accusing me of something? Is that what you've stooped to now?

Good lord you are sad.

a reply to: projectvxn

This is that over emotional thing I was speaking of.

You need to back it down a notch there bub.

a reply to: Mandroid7

You are annoying and you are surprised someone might express it?

You're a bag of tricks I tell ya.

This isnt very productive.

Let's talk about bitcoin shall we?

I know all about the nature of blockchain records.

How is it relevant to the convo? And how is my interpertation of it off?

Sorry on a phone

originally posted by: projectvxn
a reply to: Mandroid7

Ok, I see you're not here to have a discussion.

I really meant it when I said go read up on this technology. Details are important. You're just spitballing conspiracy bull# in the dark, and now you wanna get snarky?

Please see your way out of this thread. The adults are talking.

Ummm...says the guy that was going to go hunting everyone that doesn’t have his particular love of islam...

Remember that phase...?

I do...

Stop being such a wise ass tool...your just not any good at it...

As for us children...son...some of us have reservations...being as crypto’s get hacked like every other week...



YouSir

originally posted by: projectvxn
a reply to: Mandroid7

You are annoying and you are surprised someone might express it?

You're a bag of tricks I tell ya.

I am not doing my job, if I don't ask the tough questions.

Getting annoyed hurts less than crashed bank accounts.

a reply to: YouSir

Everything can be gotten to.

Every single Yahoo account was hacked - 3 billion in all

money.cnn.com...


The simple answer for crypto currency.

Any bitcoiners here?
Wanna learn me good?

Is there any value in bitcoin outside of the stock value?

a reply to: Mandroid7

I own zero bit coin.

I own alt coins.

And yes there is value in alt coins due to the utility of certain ones.

a reply to: seasonal

So the value can increase within the pool of each new coin based off added members?

Some, like bitcoin are public?

a reply to: Mandroid7

Added members?

Are you talking about new coins?

Public?

The coins are on exchanges, if I understand your statement.

Right now we are in the "wild west" of crypto. And there are a ton of sh)t coins out there. If a coins has no utility I don't look at it.

originally posted by: seasonal
a reply to: YouSir

Everything can be gotten to.

Every single Yahoo account was hacked - 3 billion in all

money.cnn.com...


The simple answer for crypto currency.

Ummm...good thing I don’t have a yahoo account...

I was to the point where I was going to start investing in crypto...these hacks kind of made me think twice...that and useless Coin base...

Edit to add:...until you drop that gizmo down the toilet...or have that stolen...remember...”everything can be gotten to”...




YouSir

a reply to: seasonal


Thanks, makes more sense now.
I've got the blockchain process down, am getting a better feel for the investment side.
I get the publicly traded stock side.


So are you trying to snatch up the fastest growing coins? Hope they go public?

a reply to: YouSir

The idea, in my mind anyway, is to buy your crypto coins and store them in the nano wallet. This removes them from the exchanges.

All this may seem very technical, it isn't. On a scale of 1 to 10 in the pain in the ass, it is a 3.

It could all crash tomorrow (wall street too) so I do not invest money that takes food or warmth from me.

a reply to: Mandroid7

I just (today) signed up for the Kucoin exchange. This exchange handles new coins, and by new I mean cheap compared to bittrex.

I do an absurd amount of research before I put a lousy $75 in a coin. But this approach has netted me 100's to 1000's% returns on coins (even after Cryptocalypse).
I buy the coins after the ICO but are still cheap-examples are Reddcoin @ .00133 cents and Stellar Lumens @ .015 cents. I have only been at it for about 90 days. But I also bought Ripple @ .21 cents, and this was my second most expensive coin I have bought to date.

Could it go belly up, yes. I do not invest more than 1% of my over all investment portfolio in this.


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