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jgakenhe wrote:
...you should only invest an amount which you're willing to lose
err, pedantic time,
people should consider how much can <b>afford</b> to lose (or risk) for the chance of a gain.
I have $110, I owe $100 rent, I might be very willing to throw $110 in the pot but I can only afford to loose $10. That's often the difference between people that still have a place to sleep, and those roughing it in the park.
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I'd only consider investing a maximum of my portfolio 5% in it for short-term investments. It is the unknown, but it's picking up steam and has a good chance to survive.
lopati: roaming wrote: That's often the difference between people that still have a place to sleep, and those roughing it in the park.
Agreed. One of my hobbies is YouTube; yes I know it's a waste of time. Some of the people I talk with on there make videos, online gambling, affliate marketing, and bit coin. They'll do anything not to work, but start begging when finances go awry.
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jgakenhe wrote: an amount which you're willing to lose.
Is that before or after it is lost?
Peter Wasser
"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." - Bertrand Russell
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Short-term investment only and with only a small of capital.
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I think it has great potential but it has a lot of growing an maturing to do first.
The market for it is very volatile, and thieves have stolen millions of dollars of it at a time, so security is an issue I think that they are working on (ongoing process for sure).
As others have said, only invest what you are willing to lose at time of investment.
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I just love fireworks!
They go whoosh - higher and higher into the sky; brilliantly painting the heavens.
When suddenly - their light goes out.
Soon after which they plunge headlong into hell.
(Popcorn, anyone?)
| Ravings en masse^ |
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| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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It is going to crash and burn.
Insecure, an overinflated bubble, demanding huge amounts of server storage and energy to maintain transactions, which are thew only proof anyone owns anything. Imagine it getting hacked. People wealth wiped out.
It is an interesting toy that has become silly.
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Munchies_Matt wrote: Imagine it getting hacked. People wealth wiped out.
Like what happened to the SWIFT system? 
There's more debt in the world than money, so some "wealth" will evaporate anyway.
Bastard Programmer from Hell 
If you can't read my code, try converting it here[^]
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Luckily people stopped hacking into banks and payment-systems, and all moved to BC 
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
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Everyone can start a blockchain. Not everyone will succeed.
'nuff said
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
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Hmmm, I've got an idea...
Eddy Vluggen wrote: Everyone can start a blockchain.
BobCoin
Let's turn those codeproject points into a currency that we can actually use.
Best Wishes,
-David Delaune
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Eddy Vluggen wrote: "Everyone can start a blockchain. Not everyone will succeed."
Bit bloody Wild West out there at the moment. SEC already pinged one scam CC IPO.
wasn't that long ago every man and his dog was out to setup an online bookstore, - that battle even took out a well established brick and mortar shop. There's still a few out there, but the one that had the biggest success had to become way more than bookstore to be #1. So will the eventual winner of the CC need to be something else as well? How many will get burned by this.
History always repeats and it sure looks like a "crypto-currency bubble" is forming - getting in is easy, it's avoiding greed and figuring out when to bail that matters.
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lopati: roaming wrote: figuring out when to bail that matters.
Wich will making the bubble burst a self fulfilling prophecy.
I have lived with several Zen masters - all of them were cats.
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true, true, but you know if it's not you that jumps first there will be somebody else, not maybe, but definitely. (And if you jump early: take some profit and/or perhaps your initial investment and go back in again with the balance.)
Signature ready for installation. Please Reboot now.
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I'm investing in the SaveTheLions block-chain.
«While I complain of being able to see only a shadow of the past, I may be insensitive to reality as it is now, since I'm not at a stage of development where I'm capable of seeing it.» Claude Levi-Strauss (Tristes Tropiques, 1955)
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Somehow I don't think my local church will accept those over hard, cold cash.
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I heard Sander is buying the first drink. Where are we meating?
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
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In all seriousness: you guys have a meeting and I'll buy the first round.
cheers
Chris Maunder
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