LOL ok man.
The Bitcoin Bubble
- Thread starter malaki
- Start date
Don't do it.
Stop spreading falsehoods
Stop it.
You must work at wall street.
It's not if it's when and it already is a world currency which is why governments already have bitcoin reserves and people who sell gold now accept bitcoin.
I am not saying hold forever don't cash out etc.
I am saying that bitcoin is here to stay and will be relevant moving forward
Ppl still don't even get it yet once they do?
That's not what you were saying at all nah not gonna pivot it into a warning
No miracles just sound investments and if you had invested when this thread was made you absolutely would have done what you said couldn't be done.
I meant 2FA with google Authenticator
You have $415,000? Because that's how much you need to short it on CME.
Curious if you are bellsbreaker from the main crypto currency thread.
When people 65 plus, and those who don't even like to use a computer start talking about bitcoin, it is time to start planning an exit strategy.
damn... thats insane, there are other ways to short bitcoin tho...
got this from investopedia
Margin Trading
One of the easiest ways to short bitcoin is through a cryptocurrency margin trading platform. Many exchanges allow this type of trading, with margin trades allowing for investors to "borrow" money from a broker in order to make a trade. It's important to remember that there may be a leverage factor, which could either increase your profits or your losses. Many Bitcoin exchanges allow margin trading at this stage, with BitMex, AVAtrade, and Plus500 as some popular options.
Futures Market
Bitcoin, like other assets, has a futures market. In a futures trade, a buyer agrees to purchase a security with a contract which specifies when and at what price the security will be sold. If you buy a futures contract, you're likely to feel that the price of the security will rise; this ensures that you can get a good deal on the security later on. However, if you sell a futures contract, it suggests a bearish mindset and a prediction that bitcoin will decline in price. According to the Merkle, "selling futures contracts is an excellent way to short bitcoin." Futures markets are somewhat more difficult to find, but OrderBook.net has been known as a place to buy and sell bitcoin futures.
Binary Options Trading
Call and put options also allow people to short bitcoin. If you wish to short the currency, you'd execute a put order, probably with an escrow service. This means that you would be aiming to be able to sell the currency at today's price, even if the price drops later on. Binary options are available through a number of offshore exchanges, but the costs (and risks) are high.
Prediction Markets
Prediction markets are another way to consider shorting bitcoin. They have not been around in the cryptocurrency world for long, but they can nonetheless be an asset for shorting currencies like bitcoin. These markets allow for investors to create an event make a wager based on the outcome. You could, therefore, predict that bitcoin would decline by a certain margin or percentage, and if anyone takes you up on the bet, you'd stand to profit if it comes to pass. Predictious is one example of a prediction market for bitcoin.
Short-Selling Bitcoin Assets
While this might not appeal to all investors, those interested in buying and selling actual bitcoin could short-sell the currency directly. Sell off tokens at a price that you are comfortable with, wait until the price drops, and then buy tokens again. Of course, if the price does not adjust as you expect, you could also either lose money or lose bitcoin assets in the process.
Read more: 5 Ways to Short Bitcoin | Investopedia https://www.investopedia.com/news/short-bitcoin/#ixzz519VpMkC2
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Trade station
You could just margin trade, but given the issues with exchanges I wouldn't try it. Flash crashes have killed peoples accounts. If you are lucky (like with gdax/coinbase) the exchange will give you the crypto back. However, not every exchange does that.
No. It just means some fucking humanoid idiot cac who barely knows how to tie its shoes will be on the news like
"I lost my retirement!!" So in order to protect these creatures from themselves, they will make it harder for joe humanoid to get in the game so only the rich can eat. So-called 'qualified investors' will probably be the only ones allowed to enter crypto in 2019. At least in the United States. Understand all people ain't as incompetent and full of excuses like those in the U.S.
Mot sure, there are a lot of dumb fucks out there. Sadly out community is usually the last in and first hurt. In some areas of the U.S we have a negative net worth.No. It just means some fucking humanoid idiot cac who barely knows how to tie its shoes will be on the news like
So-called 'qualified investors' will probably be the only ones allowed to enter crypto in 2019. At least in the United States. Understand all people ain't as incompetent and full of excuses like those in the U.S.
No. It just means some fucking humanoid idiot cac who barely knows how to tie its shoes will be on the news like
So-called 'qualified investors' will probably be the only ones allowed to enter crypto in 2019. At least in the United States. Understand all people ain't as incompetent and full of excuses like those in the U.S.
wha cha sayin how will 'they make it harder for joe humanoid to get in the game"?
what kind of laws or requirements are you implying will be implemented to "save us" from our choices...
I think its pretty much too late to do anything drastic.... like banning us usa folk from using crypto currency exchanges...
No, it won't be a ban. It will be something like I said. Exchanges dealing with fiat/crypto will only be allowed to deal with 'qualified investors'. The 'Cryptocurrency Protection Act of 2019.' I'm telling you. Once these goofy cacs are all over the news crying about their losses, these crooked politicians will be all over it.
See. It won't just be cacs getting wiped out because of panic selling the dips. They will also just lose their fucking bitcoins. And god fucking forbid grandma starts trying to play the alt coin game.
Ain't nothing like white tears to get laws passed. Coinbase already has limits. Won't be shit to implement a $5k a year limit for the random humanoid. Meanwhile, the big players won't have limits and the rich get richer. The SEC guy said the other day that bitcoin is something someone who makes $100k a year shouldn't be dealing with.
Plus, Russia already has that qualified investor fuckery in the works. And internationally, folks don't like fucking with us 'free' U.S. citizens.No, it won't be a ban. It will be something like I said. Exchanges dealing with fiat/crypto will only be allowed to deal with 'qualified investors'. The 'Cryptocurrency Protection Act of 2019.' I'm telling you. Once these goofy cacs are all over the news crying about their losses, these crooked politicians will be all over it.
See. It won't just be cacs getting wiped out because of panic selling the dips. They will also just lose their fucking bitcoins. And god fucking forbid grandma starts trying to play the alt coin game.
Coinbase already has limits. Won't be shit to implement a $5k a year limit for the random humanoid. Meanwhile, the big players won't have limits and the rich get richer. The SEC guy said the other day that bitcoin is something someone who makes $100k a year shouldn't be dealing with.
well there will be some regulations in the coming years but I dont see anything too drastic yet...
I think the opposite will happen when they see pookie from the hood opening up multiple bank accounts in japan,
thats when they will put the hammer down on these exchanges or any other venue pookie is using to profit under their noses...
right now its jethro and brad making a killin, but let leroy and tyrone start buyin homes in beverly hills and yachting in palermo....
They don't give two fucks about pookie from the hood. They care about these rich cacs hiding billions overseas. Do you think the U.S. was running around forcing foreign banks to tell U.S. customers to fuck themselves because black people were getting money?
As you know, this crypto game is mostly white and Americans still can't get in on ICOs. Folks across the world treat Americans like we got the plague. 
Unfortunately, black people in the hood are going to get taken advantage of by fools something ugly, but the powers-that-be only will care about white tears. This will be the new lotto. Arabs going to put bitcoin atms up and rape people for a premium. Shit. If I didn't feel I could make more money in the game, I'd throw a bitcoin ATM up in one of these popular barbershops up here. Take all the hot money.
You just wait until these crazy cacs are crashing coinbase because they panic selling the huge dips.
There will be black folks in the hood doing the same, but no one will care.They don't give two fucks about pookie from the hood. They care about these rich cacs hiding billions overseas. Do you think the U.S. was running around forcing foreign banks to tell U.S. customers to fuck themselves because black people were getting money?
Unfortunately, black people in the hood are going to get taken advantage of by fools something ugly, but the powers-that-be only will care about white tears. This will be the new lotto. Arabs going to put bitcoin atms up and rape people for a premium. Shit. If I didn't feel I could make more money in the game, I'd throw a bitcoin ATM up in one of these popular barbershops up here. Take all the hot money.
You just wait until these crazy cacs are crashing coinbase because they panic selling the huge dips.
sheeet thats what you think... I was suprised how many bruhs are into crypto currency and have been so for a minute...
of course it will never really catch on to the point where all the young heads are into it, most cats I talk to, are already convinced that the whales have taken over and its a matter of time bitcoin comes crashing down...
I try to tell them there are other coins where they can make money off of...
nevertheless these hustlers aint stupid, when I was at the barbershop the other day, one cat said, how he wouldnt cash out bitcoin the conventional way...
he said he would buy products like iphones using his bitcoin and selling it on craigslist... he said he would never pay high fees for his cash...
dont sleep on these hustlers son...
but thats not my concern...
what I find amusing is how the ceo from chase is convinced bitcoin is a fraud..
but yet major u.s exchanges are trading its future...
bitcoin still has big bankers feeling some type of way huh...
No. It just means some fucking humanoid idiot cac who barely knows how to tie its shoes will be on the news like
So-called 'qualified investors' will probably be the only ones allowed to enter crypto in 2019. At least in the United States. Understand all people ain't as incompetent and full of excuses like those in the U.S.
It's already happening. Just wait until the bubble pops
https://www.cnbc.com/2017/12/11/people-are-taking-out-mortgages-to-buy-bitcoin-says-joseph-borg.html
"We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," said Borg, president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. Borg is also director of the Alabama Securities Commission.
"This is not something a guy who's making $100,000 a year, who's got a mortgage and two kids in college ought to be invested in."
Bitcoin has been soaring all year, starting out at $1,000 and rocketing above $19,000 on the Coinbase exchange last week. The price on Coinbase, which accounts for a third of bitcoin trading value, is often at a premium over other exchanges.
The cryptocurrency was trading at just under $16,700 on Coinbase at 2:21 p.m. New York time Monday.
"You're on this mania curve. At some point in time there's got to be a leveling off. Cryptocurrency is here to stay. Blockchain is here to stay. Whether it is bitcoin or not, I don't know," Borg said in an interview with "Power Lunch."
There aren't that many people in the hood in it. Shit. There aren't that many people outside the hood in it. If they don't even know about other coins, they barely in the game.
And yes, hustlers trying to play this money washing game will end up in cuffs. IRS is watching. There are tech savvy cats in the game who barely can hide their trails. I've seen cats talking about what they going to do and can only SMH. Go ask hustlers if BTC is anonymous and sit back and laugh at the response. Shit. It's like asking the average person. 9 times out of 10, you'll get the same answer. Some street cats going to have a rude awaking when they can't cash out because of 'source of funds' and don't know how to wash the money either.
And let's not act naive, cats think taxes are optional. Remember, Chase is the same bank that closes crypto accounts. Jimmie on that bullshit. As with other demos, rich won't always agree. Some bankers will make money in crypto, others will be stubborn til the end.
See. That's the shit I been talking about for months. I was referencing that quote in my other post. When he said that, it just confirmed what I think about this game in 2019. Not this year, give it a nice run before they come down on people for their 'protection.' Only 6 percent of the population make $100k. See where this is headed?
These people look at even folks making $100k a year like they are insects.
There aren't that many people in the hood in it. Shit. There aren't that many people outside the hood in it. If they don't even know about other coins, they barely in the game.
There are tech savvy cats in the game who barely can hide their trails. I've seen cats talking about what they going to do and can only SMH. Go ask hustlers if BTC is anonymous and sit back and laugh at the response. Shit. It's like asking the average person. 9 times out of 10, you'll get the same answer. Some street cats going to have a rude awaking when they can't cash out because of 'source of funds' and don't know how to wash the money either.
Remember, Chase is the same bank that closes crypto accounts. Jimmie on that bullshit. As with other demos, rich won't always agree. Some bankers will make money in crypto, others will be stubborn til the end.
yea the anonymity of bitcoin is the reason why I seec coins like verge doing very well in the near future...
as people become more familiar with bitcoin and its short comings...
^^^
I haven't and probably wont buy any, but Im routing for y'all brothers who are doing well. Im sticking to my traditional investments for the most part lol.
That's exactly what has happened for a lot of people on BGOL.
11 months ago ripple cost .006 per coin. People on this board invested hundreds and thousands. One ripple is now worth .47.
I missed out and only purchased $50 because all my money was tied up buying a house. That $50 investment is worth $3600 right now.
A lot of people already got rich.
[QUOTE="gene cisco, post: 18509904, member: 5416"]Only 6 percent of the population make $100k[/QUOTE] SOURCE ? JUST CURIOUS
I think there will be a dip right before this goes on CME on Sunday....Buy the Dip