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Old 11-11-2017, 11:03 PM   Topic Starter
luv luv is offline
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What is it? How does it work? Why would I invest? What's the guarantee of return?

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Old 11-11-2017, 11:09 PM   #2
Eleazar Eleazar is offline
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Old 11-11-2017, 11:33 PM   #3
Hammock Parties Hammock Parties is offline
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Old 11-11-2017, 11:34 PM   #4
jd1020 jd1020 is offline
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Cryptocurrency is the death of reasonably priced computer parts. **** it.
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Old 11-11-2017, 11:41 PM   #5
Discuss Thrower Discuss Thrower is online now
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Old 11-11-2017, 11:43 PM   #6
Demonpenz Demonpenz is offline
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You buy some it costs you some money just to have it then it goes up and down until the bubble bursts or hackers get your coins.
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Old 11-12-2017, 08:22 AM   #7
lewdog lewdog is offline
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Old 11-12-2017, 09:53 AM   #8
Eleazar Eleazar is offline
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"What's the guaranteed return?"




"Investing" isn't for everyone.
exactly
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Old 11-12-2017, 08:30 AM   #9
Deberg_1990 Deberg_1990 is offline
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What is it? How does it work? Why would I invest? What's the guarantee of return?

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The guaranteed rate of return is 26% a year.

your welcome.
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Old 11-12-2017, 08:42 AM   #10
58-4ever 58-4ever is offline
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The guaranteed rate of return is 26% a year.

your welcome.
*you're

There is another good thread about this. IMO, Cryptocurrency is a bubble, but a bubble that is about 3 years away from popping.
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Old 11-12-2017, 09:18 AM   #11
Ming the Merciless Ming the Merciless is offline
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Unless you are mining it in a rented apartment, where your landlord pays the electric bill...theres no guaranteed return.

It's really REALLY risky.

Your 'safest' bet is probably to buy a little of the 4 big ones (BERL). Bitcoin, ethereum, ripple, litecoin. Weight toward bitcoin and ether. Buy a little every month and store it off line, on paper...in your safe deposit box.

Plan on holding it for years and it possibly going to zero. Don't invest more than you can afford to lose.

I believe in altcoin...the biggest problem with it is that the altcoin that 'wins' might not even exist right now.

Of all of them I like ether and litecoin, personally....from the little I understand them. I would avoid buying in too much to bitcoin at today's prices....but who knows...it could go higher
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Old 11-12-2017, 09:30 AM   #12
Rausch Rausch is offline
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Unless you are mining it in a rented apartment, where your landlord pays the electric bill...theres no guaranteed return.
IIRC (and I probably don't, I know somewhere between little and ****ing nothing) the whole mining aspect of bitcoin is pretty much done. You either buy and hold or don't bother at this point...
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Old 11-12-2017, 12:32 PM   #13
Ming the Merciless Ming the Merciless is offline
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IIRC (and I probably don't, I know somewhere between little and ****ing nothing) the whole mining aspect of bitcoin is pretty much done. You either buy and hold or don't bother at this point...
I agree regarding bitcoin, but you can mine other coins effectively still...especially if you get free electric lol
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Old 11-12-2017, 12:34 PM   #14
Rausch Rausch is offline
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I agree regarding bitcoin, but you can mine other coins effectively still...especially if you get free electric lol
Bitcoin has tangible value.

Other coins are speculation.

I think we should make that obvious here...
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Old 11-12-2017, 12:35 PM   #15
Ming the Merciless Ming the Merciless is offline
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Bitcoin has tangible value.

Other coins are speculation.

I think we should make that obvious here...
That's false..on both counts really

Bitcoins are not tangible..

All coins are speculative

There's several other coins with market caps in the billions

Like ethereum , ripple and litecoin

Another altcoin could very easily usurp bitcoin as the main coin...in fact many think bitcoin is over valued at 100 billion mc. Some really smart people think its true value could be 10x less currently and have published papers regarding this.

Remember Alta vista search engine? Google came much later...etc

Pretending bitcoin is safe is unwise...as is pretending it's not speculative.

In fact it is MUCH more safe to invest in multiple coins than 1 single coin (like the top 3-4 coins...ie BERL)
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