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The Bitcoin Bubble

ElBarrio

ElBarrio

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Watcher said:
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.
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It's only a real profit if you have access to the spending power. ENRON made millions for people, but when it was time to pay people their so-called profits...there was NO REAL MONEY THERE. People claimed they were so rich and how great the investment was. The more people who hyped ENRON, the more money people gave to ENRON (continuing the illusion), and I as I stated, end of day, those rich people foreclosed on their houses and their cars got repoed.
 
Watcher

Watcher

Rising Star
Platinum Member
ElBarrio said:
It's only a real profit if you have access to the spending power. ENRON made millions for people, but when it was time to pay people their so-called profits...there was NO REAL MONEY THERE. People claimed they were so rich and how great the investment was. The more people who hyped ENRON, the more money people gave to ENRON (continuing the illusion), and I as I stated, end of day, those rich people foreclosed on their houses and their cars got repoed.
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People already cashed out
 
gene cisco

gene cisco

Not A BGOL Eunuch
BGOL Investor
Watcher said:
People already cashed out
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Man listen. It's hard to even bother with people anymore. We know of car dealerships that take bitcoin. You can buy property and luxury items with bitcoin. You can buy a lot of shit. Only reason a person will need cash is to pay taxes.

You want a hellcat? You can buy one with bitcoin without having to worry about getting fiat. Oh. What's that? You made the right calls and want a villa? Can cop that too. Game is crazy these days.

Sure, the bitcoins you spend on that hellcat now might be worth $200,000 in June, but the point is you can spend the shit. Feds in Utah fought hard as fuck so they can cash out seized bitcoin and folks still talking like they don't know the game. :smh:
 
gw1933

gw1933

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Registered
Even if Bitcoin popped this very second, Crypto is still here and it aint going nowhere....

What kills me are the sheep who only know about Bitcoin and nothing else pertaining to crypto (like other coins, blockchain technology, etc.)....That usually means this whole thing is a trend to them, and they deserve to lose every dollar that put in that bitch.
 
G

guyver

Rising Star
Platinum Member
LegalMoney said:
Bwahahahhahhhhahh!!!!

....

Hahahhahahhahahaahha!!!!

Keep thinking that pimping.... Just sold some Bitcoin from margin trading profits at $17k.

Man Ripple already made cats hundreds of thousands lol
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At this point, I think dude is just trolling and should be ignored. It's one thing to say the current highs will not last forever or tell people to take their profits and reinvest in things outside of crypto, but he just seems to be talking with little to no knowledge.
 
ElBarrio

ElBarrio

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guyver said:
At this point, I think dude is just trolling and should be ignored. It's one thing to say the current highs will not last forever or tell people to take their profits and reinvest in things outside of crypto, but he just seems to be talking with little to no knowledge.
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That's exactly what I am saying. It's a bubble, and you need to be able to take your money out before it pops and invest in real things like property, pay back your college loans etc. However, nobody on the Forum speaks about that.

I hear the claims, but I don't see the links to places that accept bitcoin. If you can buy a villa show me the website. if you can pay your college loans show me the University accepting bitcoin. If you can pay your mortgage, or electric bill let me know bc those are the DAILY costs that are killing us the most.
 
ElBarrio

ElBarrio

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JamesATL said:
35b86sh.jpg


i sold mine last year, how else u think i bought that tesla last year
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So you're saying tesla accepts bitcoin? Yikes...one more reason to worry about the companies management.
 
G

guyver

Rising Star
Platinum Member
ElBarrio said:
That's exactly what I am saying. It's a bubble, and you need to be able to take your money out before it pops and invest in real things like property, pay back your college loans etc. However, nobody on the Forum speaks about that.

I hear the claims, but I don't see the links to places that accept bitcoin. If you can buy a villa show me the website. if you can pay your college loans show me the University accepting bitcoin. If you can pay your mortgage, or electric bill let me know bc those are the DAILY costs that are killing us the most.
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https://cointelegraph.com/news/5-cities-that-let-you-buy-real-estate-with-bitcoin
 
G

guyver

Rising Star
Platinum Member
ElBarrio said:
That's exactly what I am saying. It's a bubble, and you need to be able to take your money out before it pops and invest in real things like property, pay back your college loans etc. However, nobody on the Forum speaks about that.

I hear the claims, but I don't see the links to places that accept bitcoin. If you can buy a villa show me the website. if you can pay your college loans show me the University accepting bitcoin. If you can pay your mortgage, or electric bill let me know bc those are the DAILY costs that are killing us the most.
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https://cointelegraph.com/news/bitcoin-users-can-now-pay-electricity-bills-with-bitcoin-in-japan
 
M

Mrfreddygoodbud

Rising Star
BGOL Investor
brickdome said:
I was going to argue with him but fuck it u right duke u right nobody in the world is cashing out :/
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its just a joke at this point, dudes buyin lambos in newport beach and he sayin nobody cashin out..

damn near all of japan accepts bitcoin and he thinkin its some kind of joke..

its not even worth debating at this point...
 
ElBarrio

ElBarrio

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Mrfreddygoodbud said:
its just a joke at this point, dudes buyin lambos in newport beach and he sayin nobody cashin out..

damn near all of japan accepts bitcoin and he thinkin its some kind of joke..

its not even worth debating at this point...
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Do you live in Japan? Does anyone on this board live in Japan and had success cashing out? There's no debate bc you have no solid evidence to counter with. I know you want the get rich quick thing to be a reality, and for now it seems like the gas in the bubble got everyone hype.

My intent is not to debate, in fact it's to warn people against their own greed. I would advise people to show is evidence that your 'jackpot" is really paying your bills and or helping you free yourself from economic slavery.
 
ElBarrio

ElBarrio

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If there's nothing to be worried about all the supporters, tell us how much you've invested thus far. All you ballers, show and prove that you put your money where your (twitter fingers) mouth is.
 
M

Mrfreddygoodbud

Rising Star
BGOL Investor
ElBarrio said:
Do you live in Japan? Does anyone on this board live in Japan and had success cashing out? There's no debate bc you have no solid evidence to counter with. I know you want the get rich quick thing to be a reality, and for now it seems like the gas in the bubble got everyone hype.

My intent is not to debate, in fact it's to warn people against their own greed. I would advise people to show is evidence that your 'jackpot" is really paying your bills and or helping you free yourself from economic slavery.
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do you have to live in japan to purchase shit from japan,

you do realize you can do a lot with the internet these days right,

including buyin shit from other countries...

hey look its all good, all throughout history there were doers and naysayers...nothing as changed..

there are gonna be those that will be glad they invested, and there will be those that will be kickin themselves worryin about the sky falling.....

pssst here are two little secrets

its not too late to get in on ripple...
and the sky is not falling
 
Dr. Truth

Dr. Truth

QUACK!
BGOL Investor
ElBarrio said:
Do you live in Japan? Does anyone on this board live in Japan and had success cashing out? There's no debate bc you have no solid evidence to counter with. I know you want the get rich quick thing to be a reality, and for now it seems like the gas in the bubble got everyone hype.

My intent is not to debate, in fact it's to warn people against their own greed. I would advise people to show is evidence that your 'jackpot" is really paying your bills and or helping you free yourself from economic slavery.
Click to expand...
You come off like the bitter guy mad he missed the initial wave and you're trying to justify it by calling everything a scam.. gtfoh
 
G

guyver

Rising Star
Platinum Member
ElBarrio said:
Do you live in Japan? Does anyone on this board live in Japan and had success cashing out? There's no debate bc you have no solid evidence to counter with. I know you want the get rich quick thing to be a reality, and for now it seems like the gas in the bubble got everyone hype.

My intent is not to debate, in fact it's to warn people against their own greed. I would advise people to show is evidence that your 'jackpot" is really paying your bills and or helping you free yourself from economic slavery.
Click to expand...

You got let it go. You're wrong. The person who posted the Tesla cashed out and some else bought a BMW. I've cashed out enough to pay some of my expenses. One of the links shows bitcoin was accepted to buy real estate in the U.S. as you requested.

It's cool to debate/give warnings, but educate yourself on the subject. Don't try to change your argument to win. That is why I believe you are trolling and you could careless about helping save anyone from a volatile investment.





http://www.altcointoday.com/top-4-travel-agencies-accepting-bitcoin-payments/
 
ElBarrio

ElBarrio

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Registered
Dr. Truth said:
You come off like the bitter guy mad he missed the initial wave and you're trying to justify it by calling everything a scam.. gtfoh
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Dr Truth, My criticism comes from a place of defensiveness. I dont want to see our people scammed by international b.s. Clearly a crypto currency could be effective if it's dont the right way. Thus far, I'm still gathering evidence and testimony (which none of you have provided thus far).

NONE of you see this as a potential scam? You feel good promoting it to your brothers, despite having very little knowledge on economics and infrastructure? You have NO WORRIES? Would you advise the black community to invest all of their money into this scheme?

Why don't you share knowledge and understanding on this Forum, instead of speculation. Share with us your personal experience and provide the board with evidence so that we can make our own decisions about crypto-currency/bitcoin and others
 
Dr. Truth

Dr. Truth

QUACK!
BGOL Investor
ElBarrio said:
Still waiting for the evidence that you invested and have gained from it.....
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ElBarrio said:
Dr Truth, My criticism comes from a place of defensiveness. I dont want to see our people scammed by international b.s. Clearly a crypto currency could be effective if it's dont the right way. Thus far, I'm still gathering evidence and testimony (which none of you have provided thus far).

NONE of you see this as a potential scam? You feel good promoting it to your brothers, despite having very little knowledge on economics and infrastructure? You have NO WORRIES? Would you advise the black community to invest all of their money into this scheme?

Why don't you share knowledge and understanding on this Forum, instead of speculation. Share with us your personal experience and provide the board with evidence so that we can make our own decisions about crypto-currency/bitcoin and others
Click to expand...
Do you not see the 500+ page education thread? Only an idiot would put their life savings in that's their problem. I've only put in $1000 right now and my coinbase account shows over $3000 . Im letting it sit. It's not as big a deal as you're making it. We are making money whether it's hundreds, thousands or hundreds of thousands. These are facts.

https://www.forbes.com/sites/bishopjordan/2017/07/07/bitcoin-millionaire/
 
DaAssWatcher

DaAssWatcher

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BGOL Investor
ElBarrio

ElBarrio

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Registered
Clearly you dont believe in it that much if you only put in $1000. And again, are you urging the black community to invest heavily into bitcoin and/or crypto currencies? If not, why not invest more than $1000? Do you have ANY concerns whatseoever?

Just FYI, Bernie Madoff's clients made millions in profits and they were all happy, gloating in fact. Until the sht hit the fan, and those so-called profits were gone. The so-called checks and balances were there. The more people invested the more they could pay out in small amounts, making people feel better that they saw some money...but when they wanted all their money, it was gone.

I dont see this addressed in 500 pages of thread, but I guess no one is concerned.
 
ElBarrio

ElBarrio

Rising Star
Registered
Good luck to all. Again, warn you of the negative possibilities, and I would urge all forum users to keep your money diversified for insurance. I would also take as much profits from bitcoin and use it to pay your real life bills (if thats even possible since you dont live in Japan).

Beware of people who defy the questioning of such a system. Educate yourself, especially in economics. Research schemes from the past and make your own judgement.
 
Famous1

Famous1

Rising Star
Platinum Member
ElBarrio said:
Dr Truth, My criticism comes from a place of defensiveness. I dont want to see our people scammed by international b.s. Clearly a crypto currency could be effective if it's dont the right way. Thus far, I'm still gathering evidence and testimony (which none of you have provided thus far).

NONE of you see this as a potential scam? You feel good promoting it to your brothers, despite having very little knowledge on economics and infrastructure? You have NO WORRIES? Would you advise the black community to invest all of their money into this scheme?

Why don't you share knowledge and understanding on this Forum, instead of speculation. Share with us your personal experience and provide the board with evidence so that we can make our own decisions about crypto-currency/bitcoin and others
Click to expand...
Set up a coinbase account and I'll send you $25 dollars worth of bitcoin. Use $10 of it to get a shift card and just let the rest sit there.... deal?
 
Dr. Truth

Dr. Truth

QUACK!
BGOL Investor
ElBarrio said:
Clearly you dont believe in it that much if you only put in $1000. And again, are you urging the black community to invest heavily into bitcoin and/or crypto currencies? If not, why not invest more than $1000? Do you have ANY concerns whatseoever?

Just FYI, Bernie Madoff's clients made millions in profits and they were all happy, gloating in fact. Until the sht hit the fan, and those so-called profits were gone. The so-called checks and balances were there. The more people invested the more they could pay out in small amounts, making people feel better that they saw some money...but when they wanted all their money, it was gone.

I dont see this addressed in 500 pages of thread, but I guess no one is concerned.
Click to expand...
You're a troll I'm convinced I'm not telling anybody to do shit. I don't give a fuck what anybody does with their money. Please just go away, you're an obvious troll.
 
Famous1

Famous1

Rising Star
Platinum Member
ElBarrio said:
Good luck to all. Again, warn you of the negative possibilities, and I would urge all forum users to keep your money diversified for insurance. I would also take as much profits from bitcoin and use it to pay your real life bills (if thats even possible since you dont live in Japan).

Beware of people who defy the questioning of such a system. Educate yourself, especially in economics. Research schemes from the past and make your own judgement.
Click to expand...
A full list of bitcoin debit cards ... you do know how debit cards work right?

https://steemit.com/bitcoin/@bitcoinshirtz/a-full-list-of-bitcoin-debit-cards-for-2017
 
largebillsonlyplease

largebillsonlyplease

Large
BGOL Legend
ElBarrio said:
That's exactly what I am saying. It's a bubble, and you need to be able to take your money out before it pops and invest in real things like property, pay back your college loans etc. However, nobody on the Forum speaks about that.

I hear the claims, but I don't see the links to places that accept bitcoin. If you can buy a villa show me the website. if you can pay your college loans show me the University accepting bitcoin. If you can pay your mortgage, or electric bill let me know bc those are the DAILY costs that are killing us the most.
Click to expand...

You look for it yourself.

But we def dont need to fight to convince you to take advantage of a once in a lifetime opportunity that's stupid

You do your thing the way you like to

I'll be worth more than the cats you read about in financial investments magazines in under 17 months

I've literally made niggas hundreds of thousands of dollars minimum that's being conservative

But one again that is all good
 
largebillsonlyplease

largebillsonlyplease

Large
BGOL Legend
ElBarrio said:
Do you live in Japan? Does anyone on this board live in Japan and had success cashing out? There's no debate bc you have no solid evidence to counter with. I know you want the get rich quick thing to be a reality, and for now it seems like the gas in the bubble got everyone hype.

My intent is not to debate, in fact it's to warn people against their own greed. I would advise people to show is evidence that your 'jackpot" is really paying your bills and or helping you free yourself from economic slavery.
Click to expand...


No lol.
Cats have cashed out and paid off all their debt this year.
Nobody is about to upload private documents to prove it to you
If you want to see a screen shot of my portfolio and eat a little humble pie we can arrange that
 
largebillsonlyplease

largebillsonlyplease

Large
BGOL Legend
ElBarrio said:
Clearly you dont believe in it that much if you only put in $1000. And again, are you urging the black community to invest heavily into bitcoin and/or crypto currencies? If not, why not invest more than $1000? Do you have ANY concerns whatseoever?

Just FYI, Bernie Madoff's clients made millions in profits and they were all happy, gloating in fact. Until the sht hit the fan, and those so-called profits were gone. The so-called checks and balances were there. The more people invested the more they could pay out in small amounts, making people feel better that they saw some money...but when they wanted all their money, it was gone.

I dont see this addressed in 500 pages of thread, but I guess no one is concerned.
Click to expand...

That's called a ponzi scheme
There are good coins and bad coins
You need to do research on them and invest

I've had 10 coins now do 10,000% gains this year and this is before the money has even come in
 
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