Discussion in 'The Impact of Hair Loss' started by macaroni, Jun 17, 2017.
Maybe some of u should get some balls and buy some coin.
Are you investing in bitcoin while the value drops?
Do you think its finished or do you think its a dip?
I think within 18 months the entire market cap will be five times higher than currently, and within 2-3 months we'll be back pushing all time highs.
I haven't specifically bought Bitcoin and probably wouldn't for the forseeable future but I did buy coins on the dip, some of which are already up close to 100%.
Do you think it will peak and collapse or do you think it will go from strength to strength?
I suspect that while adoption metrics continue to show very high growth (exchange user numbers, volume, wallet growth etc) it will continue to maintain a strong medium term bull-market, although in terms of market cap 99% of the % gains have already arrived. Last year we had over 5000% growth across the board and many coins going up over 10000%, this year the market would be lucky to do 400%. In terms of what its actually worth as an alternative asset class based on utility referring to comparative analysis of the financial instruments it potentially disrupts, coins that focus on currency and a store of value specifically probably have 5-6x before they're approaching full value in the medium term. A lot of external potential in disruption from the blockchain in individual use cases that are likely to have massive growth into the future but the market as a whole is getting closer to its endgame for the time being until in the longer term issues in the real economy cause an incentive to seek them as a genuine fiat replacement. I don't see that happening for at least 15-20 years however.
These peaks and collapses are a feature of parabolic market growth, if it's growing parabolically the short term crashes to the same extent are to be expected. Simply put I think it won't begin to hit serious roadblocks for growth until the market is up to around the 3 trillion mark (which could happen in 12-18 months), currently at about 500b. At around 2-2.5t I think it would be wise to cash out a significant amount, say 50% as the risk/reward benefits over other asset classes diminishes over time as the market cap gets too high.
Have you channelled your inclination for analysis and understanding into something really creative?
What's your profession?...or are you still a student?
I noticed Missy Peregrym (what a name lol) while watching the Canadian show Van Helsing, she's gorgeous. Turns out she was in "Rookie Blue" as well, and also noted for her sexiness there:
Finished finance + liberal arts degree 3 months ago. Getting another transplant in late April, with the current crypto gains not too concerned chilling with that for now and after that issue is out the way looking for work. Still not sure what exactly, + most of my mates don't start work until March-April so I've been keen to chill at least as long as they did. Should really look for part-time work in the short term.
LOL I sold a third of my crypto when bitcoin was down to ~$6,500.
I failed again this weekend. The auto shop told me that the total repairs on my car clock in at ~$US 1,450.
I had a mate who I recommended BTC to at around 7.5k USD, he held on upto 20k, then sold at around $6800 on the way down while abusing me on Facebook for not telling him to get out. Hopefully that bridge isn't totally burnt but I do find noob investors getting rekt fairly hilarious.
Liberal arts can't compromise with finance.
I'm sure they've inherited a more magalistic inclination for you,than just make a living from a job.
You aren't alone.
buy high sell low
What do you think about the first state crypto?
"The pre-sale of the “petro,” which will represent a barrel of crude from a specific division in the country’s Orinoco oil belt, started Tuesday morning. Investors were offered $60 “tokens” at discounted rates that they can exchange for petros during what is being dubbed an “initial coin offering,” or ICO, in March."
It's fucking hilarious, a reasonably smart move on behalf of Maduro to raise some money for nothing, but a joke nonetheless.
Who's in TAU/TRAC?
At least my stocks be mooning atm (as much as stocks can possibly do so)
Will you be buying AirBnB when it goes public?
Haven't looked into it, but typically I'm hugely sceptical of relatively established Silicon valley ventures going public. Sitting on only a few long term holds right now, mainly ASX.