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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
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Old 08-20-2021, 05:53 PM   #3226
cj2wr cj2wr is offline
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Didn’t know you can buy crypto with a credit card?
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Old 08-21-2021, 03:35 AM   #3227
eDave eDave is offline
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Didn’t know you can buy crypto with a credit card?
Whoever might be contemplating this, just make sure you know what the hell you are doing before you start doing that. A card interest payment far exceeds bitcoin and related coin gains many months at a time. I'd suggest cashing a 401K over that. Especially now while it's cheap to do so. All this is depends on you being a HODL'r vs Trader.

If you are borrowing to trade, borrow from the ecosystem. I have crypto offered up for load to margin traders or whoever. Decent passive income there at about .085 per day (though it goes to 1 during a bull run like we are seeing now).

Just don't be foolish and don't be greedy. Greed breeds foolishness. Buying an investment on credit requires room to take that hit if it doesn't work out.

I don't like this option availability. Especially for the kids who see credit as free money. I was that kid once. Didn't work out.
Last edited by eDave; 08-21-2021 at 03:46 AM..
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Old 08-21-2021, 07:24 AM   #3228
Hog's Gone Fishin Hog's Gone Fishin is offline
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Whoever might be contemplating this, just make sure you know what the hell you are doing before you start doing that. A card interest payment far exceeds bitcoin and related coin gains many months at a time. I'd suggest cashing a 401K over that. Especially now while it's cheap to do so. All this is depends on you being a HODL'r vs Trader.

If you are borrowing to trade, borrow from the ecosystem. I have crypto offered up for load to margin traders or whoever. Decent passive income there at about .085 per day (though it goes to 1 during a bull run like we are seeing now).

Just don't be foolish and don't be greedy. Greed breeds foolishness. Buying an investment on credit requires room to take that hit if it doesn't work out.

I don't like this option availability. Especially for the kids who see credit as free money. I was that kid once. Didn't work out.
How does 0% interest far exceed gains on a bitcoin.
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Old 08-21-2021, 09:25 AM   #3229
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I dont know about you guys and Im admittedly not the greatest at TA but that BTC chart is looking bullish af, 100k by end of year is more likely than not in my opinion.
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Old 08-21-2021, 09:47 AM   #3230
ChiefRocka ChiefRocka is offline
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Old 08-21-2021, 10:33 AM   #3231
George Liquor George Liquor is online now
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Old 08-21-2021, 11:01 AM   #3232
MTG#10 MTG#10 is offline
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Coincidentally, I have a very large position in UWMC as well.
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Old 08-21-2021, 11:37 AM   #3233
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Really close to 50k, I bet it's gonna pullback a decent amount here soon when it hits that resistance.
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Old 08-21-2021, 03:36 PM   #3234
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How does 0% interest far exceed gains on a bitcoin.
Yea. That was a dumb post.
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Old 08-22-2021, 10:48 AM   #3235
eDave eDave is offline
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Cardano surpassed ATH this morning.
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Old 08-22-2021, 11:47 AM   #3236
Hog's Gone Fishin Hog's Gone Fishin is offline
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Cardano surpassed ATH this morning.
I've got some Cardano. How should it be played? Let it ride a little higher and sell or just keep it long term???
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Old 08-22-2021, 12:03 PM   #3237
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I've got some Cardano. How should it be played? Let it ride a little higher and sell or just keep it long term???
Smart contracts go live on Sept. 12. We are running up to that. Next is scalability and governance initiatives. Those two are big. I like it long term. Probably a pullback after smart contracts go live.
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Old 08-22-2021, 12:11 PM   #3238
Hog's Gone Fishin Hog's Gone Fishin is offline
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Smart contracts go live on Sept. 11. We are running up to that. Next is scalability and governance initiatives. Those two are big.
Do you own any Polygon?
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Old 08-22-2021, 12:14 PM   #3239
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Do you own any Polygon?
Just ADA right now. Staked. Staking gets me, on average, 165 ADA every 5 days as well as whatever the price does. That's 5ish% just for having it.

I'm long term and real bullish about it. I believe ADA will boost Emerging Market investments as well.
Last edited by eDave; 08-22-2021 at 12:23 PM..
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Old 08-22-2021, 12:24 PM   #3240
Hog's Gone Fishin Hog's Gone Fishin is offline
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Just ADA right now. Staked. Staking gets me, on average, 165 ADA every 5 days as well as whatever the price does. That's 5ish%.

I'm long term and real bullish about it. I believe ADA will boost emerging market investments as well.
165 every 5 days. Holy shit, that adds up fast. I need to stake mine I guess but can't figure out how on Coinbase. I don't see a staking button. LOL
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