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Old 11-11-2017, 11:03 PM  
luv luv is offline
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Cryptocurrency

What is it? How does it work? Why would I invest? What's the guarantee of return?

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Old 11-11-2017, 11:09 PM   #2
Eleazar Eleazar is offline
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Old 11-11-2017, 11:33 PM   #3
Hammock Parties Hammock Parties is offline
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Old 11-11-2017, 11:34 PM   #4
jd1020 jd1020 is offline
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Cryptocurrency is the death of reasonably priced computer parts. **** it.
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Old 11-11-2017, 11:41 PM   #5
Discuss Thrower Discuss Thrower is online now
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Old 11-11-2017, 11:43 PM   #6
Demonpenz Demonpenz is offline
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You buy some it costs you some money just to have it then it goes up and down until the bubble bursts or hackers get your coins.
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Old 11-12-2017, 08:22 AM   #7
lewdog lewdog is offline
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Old 11-12-2017, 08:30 AM   #8
Deberg_1990 Deberg_1990 is offline
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Quote:
Originally Posted by luv View Post
What is it? How does it work? Why would I invest? What's the guarantee of return?

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The guaranteed rate of return is 26% a year.

your welcome.
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Old 11-12-2017, 08:42 AM   #9
58-4ever 58-4ever is offline
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Originally Posted by Deberg_1990 View Post
The guaranteed rate of return is 26% a year.

your welcome.
*you're

There is another good thread about this. IMO, Cryptocurrency is a bubble, but a bubble that is about 3 years away from popping.
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Old 11-12-2017, 09:18 AM   #10
Pawnmower Pawnmower is offline
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Unless you are mining it in a rented apartment, where your landlord pays the electric bill...theres no guaranteed return.

It's really REALLY risky.

Your 'safest' bet is probably to buy a little of the 4 big ones (BERL). Bitcoin, ethereum, ripple, litecoin. Weight toward bitcoin and ether. Buy a little every month and store it off line, on paper...in your safe deposit box.

Plan on holding it for years and it possibly going to zero. Don't invest more than you can afford to lose.

I believe in altcoin...the biggest problem with it is that the altcoin that 'wins' might not even exist right now.

Of all of them I like ether and litecoin, personally....from the little I understand them. I would avoid buying in too much to bitcoin at today's prices....but who knows...it could go higher
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Old 11-12-2017, 09:30 AM   #11
Rausch Rausch is offline
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Originally Posted by Pawnmower View Post
Unless you are mining it in a rented apartment, where your landlord pays the electric bill...theres no guaranteed return.
IIRC (and I probably don't, I know somewhere between little and ****ing nothing) the whole mining aspect of bitcoin is pretty much done. You either buy and hold or don't bother at this point...
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Old 11-12-2017, 09:37 AM   #12
BlackHelicopters BlackHelicopters is offline
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Old 11-12-2017, 09:38 AM   #13
Rausch Rausch is offline
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Originally Posted by theelusiveeightrop View Post
Q
Being ignorant of something is a Q now?...
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"He had no teeth, and he was slobbering all over himself. I'm thinking, 'You can have your money back, just get me out of here. Let me go be an accountant." I can't tell you how badly I wanted out of there."
Denver rookie QB John Elway, on Jack Lambert, after Lambert and the Steelers knocked Elway out of his first game as a pro (1983).
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I wish I always ended up at gay bars.
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Old 11-12-2017, 09:53 AM   #14
Eleazar Eleazar is offline
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Originally Posted by lewdog View Post
"What's the guaranteed return?"




"Investing" isn't for everyone.
exactly
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Old 11-12-2017, 10:20 AM   #15
MahiMike MahiMike is online now
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There it is. The official bubbling point.
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