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Let's move on from election and talk crypto

klbcec

SuperCane
Gold Member
Nov 8, 2001
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What are thoughts on Bitcoin, ETH and Link? Seems like ETH could be huge in five years.

Anybody in these or have knowledge to share?
 
What are thoughts on Bitcoin, ETH and Link? Seems like ETH could be huge in five years.

Anybody in these or have knowledge to share?
Wouldn’t touch it with your bank account. Highly volatile and literally is chain data they have monetized. When someone someday says it’s not worth anything anymore, it’s not worth anything anymore. Scary thought!
 
What are thoughts on Bitcoin, ETH and Link? Seems like ETH could be huge in five years.

Anybody in these or have knowledge to share?
I was playing poker in Cherokee last November (of 2019...seems like a lifetime ago) and a nice kid, twenty something, was trying to explain bitcoin to me. I'm in my 60's. It must be generational as I still don't have a clue what I would be buying.
 
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What are thoughts on Bitcoin, ETH and Link? Seems like ETH could be huge in five years.

Anybody in these or have knowledge to share?
I just made my first purchases of Bitcoin and ETH on Nov 25th and made
many more since. Today I bought a 3rd coin called Balancer.
Did not know before that there are hundreds of types of Cryptos.
Joined a service today (cost money) that recommended it and others and gives
guidance on a portfolio - buys sells like a stock.
Account is in the five figures and with this run here up $2,000 to $3,000.
The only then that is going to slow it down soon is the Treasury is going to
add rules to it which will drop it at first but help in the long run.
Fortune 500 companies are buying it for various reasons which is causing this run.
JP Morgan bought 100 million after CEO less than 2 years ago said it was the stupidest thing.
If it goes down setup a Coinbase.com account and buy Bitcoin and Ethereum to get into it.
They will be a lot higher at end of 2021.
It has some crazy elements regarding protecting your account if you have a lot of money in it and I really have been educating myself and have a lot of literature to read about it, but by 2022 companies will be using it for transactions instead of using banks to save money.
 
Set up the mining machines. I had a chance to set up a few 2 years ago and have kicked myself in the ass for not doing it.
 
I just made my first purchases of Bitcoin and ETH on Nov 25th and made
many more since. Today I bought a 3rd coin called Balancer.
Did not know before that there are hundreds of types of Cryptos.
Joined a service today (cost money) that recommended it and others and gives
guidance on a portfolio - buys sells like a stock.
Account is in the five figures and with this run here up $2,000 to $3,000.
The only then that is going to slow it down soon is the Treasury is going to
add rules to it which will drop it at first but help in the long run.
Fortune 500 companies are buying it for various reasons which is causing this run.
JP Morgan bought 100 million after CEO less than 2 years ago said it was the stupidest thing.
If it goes down setup a Coinbase.com account and buy Bitcoin and Ethereum to get into it.
They will be a lot higher at end of 2021.
It has some crazy elements regarding protecting your account if you have a lot of money in it and I really have been educating myself and have a lot of literature to read about it, but by 2022 companies will be using it for transactions instead of using banks to save money.
If Fortune 500’s are buying it that’s a scary thought.
 
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I just made my first purchases of Bitcoin and ETH on Nov 25th and made
many more since. Today I bought a 3rd coin called Balancer.
Did not know before that there are hundreds of types of Cryptos.
Joined a service today (cost money) that recommended it and others and gives
guidance on a portfolio - buys sells like a stock.
Account is in the five figures and with this run here up $2,000 to $3,000.
The only then that is going to slow it down soon is the Treasury is going to
add rules to it which will drop it at first but help in the long run.
Fortune 500 companies are buying it for various reasons which is causing this run.
JP Morgan bought 100 million after CEO less than 2 years ago said it was the stupidest thing.
If it goes down setup a Coinbase.com account and buy Bitcoin and Ethereum to get into it.
They will be a lot higher at end of 2021.
It has some crazy elements regarding protecting your account if you have a lot of money in it and I really have been educating myself and have a lot of literature to read about it, but by 2022 companies will be using it for transactions instead of using banks to save money.
So what happens to the banks and the folks that have money in the banks?
 
So what happens to the banks and the folks that have money in the banks?
Nothing but the companies save fees.
They essentially get to pay lower fees for credit card processing and international fees they pay the banks. Guess the banks loose out unless they get in and start processing transactions with Crypto underneath the cash payment
 
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