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Offlineegoslap
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Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich!
    #24398423 - 06/12/17 12:15 AM (6 years, 7 months ago)

This is brilliant, bitcoins broken $3000 a coin today!  :cool:

I'm predicting it will break $10,000 within 3 years.

I'm not going to be kicking myself again next time, indeed I'm not this time as I just sold and profited a small sum.  My initial investment was over tripled although only a small investment this time.

Lets get on board with this one Shroomery.  I'm predicting this current bubble will level off or crash over the coming year and this is going to be the time to buy in.

Lets all start saving and when it levels buy in and hold to the next bubble which should hit over 10k a coin.

Some analysts are even saying its going to settle at 100k a coin within 25 years.  Thats retirement and the pension sorted!

Even if you only have $100 to spare you should still invest the rewards are big.  Try and aim to buy at least 1 coin when this levels off though!  Buy in price could drop back to around 1k over the next year. 

I'm keeping an eye on it everyday and will make an alert for when I think its time to buy in.

Lets make the Shroomery rich!


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InvisibleNothingsChanged
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: egoslap]
    #24398449 - 06/12/17 12:50 AM (6 years, 7 months ago)

:takingnotes:


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Invisibledemiu5
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: NothingsChanged] * 2
    #24398947 - 06/12/17 08:45 AM (6 years, 7 months ago)

enron



if something seems too good to be true........


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Offlineegoslap
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: demiu5]
    #24399297 - 06/12/17 11:33 AM (6 years, 7 months ago)

Quote:

demiu5 said:
if something seems too good to be true........




Investments are too good to be true?  I will quote you in 3 years when we pocket our 10k investment.  You can kick yourself in your own balls.


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Invisibledemiu5
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: egoslap]
    #24399305 - 06/12/17 11:36 AM (6 years, 7 months ago)

Quote:

egoslap said:
Quote:

demiu5 said:
if something seems too good to be true........




Investments are too good to be true?  I will quote you in 3 years when we pocket our 10k investment.  You can kick yourself in your own balls.






there won't be any kicking, as i have no interest in participating, massive profits or massive failures


investments, inherently aren't "too good to be true", but most rides such as bitcoin (or enron), when there is no tangible good/result is highly volatile and generally prone to failure/collapse


if you are treating it as a short-term investment, that's all well and good.  long-term investing in bitcoin, well......


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Invisiblesh4d0ws
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: egoslap]
    #24399666 - 06/12/17 02:15 PM (6 years, 7 months ago)

There is a lot of coins out there that are far cheaper and can offer larger gains because the ratio of gain to coins bought is so much higher.

Most people barely have a couple hundred to spend let alone enough to buy a full coin. I bought into Ethereum at $7 a coin and made a very large sum of money from $2000.

Tezos is coming out soon and should be considered for anyone who's willing to invest. This one is going to be big.


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Edited by sh4d0ws (06/12/17 02:16 PM)


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OfflineLogicaL ChaosM
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: egoslap]
    #24401495 - 06/13/17 07:09 AM (6 years, 7 months ago)

My ego's about to get SLAPPED.

I heard it dropped down to $2,500 just recently.

Still worth investing thou. Its going up and up and up then crash HARD. Then up and up....


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InvisibleAsante
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: LogicaL Chaos] * 2
    #24404250 - 06/14/17 05:45 AM (6 years, 7 months ago)

I contemplated getting in on them when they were six dollars and I decided against it.

Imagine I had thrown $6000 at it. I'd be a triple millionaire.



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Invisiblehowsyournaggerdoin
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: Asante] * 1
    #24404676 - 06/14/17 09:07 AM (6 years, 7 months ago)

hindsight is 20/20


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OfflineLogicaL ChaosM
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: Asante]
    #24405439 - 06/14/17 02:23 PM (6 years, 7 months ago)

Truth hurts sometimes.

Asante the millionaire....imagine that :omgz:


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InvisibleAsante
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: Asante] * 1
    #24406917 - 06/15/17 02:29 AM (6 years, 7 months ago)

My Nkondi keeps saying I'll come into money but he omits to say when :grin:

But yeah, totally 20/20..

Imagine hopping from microsoft stock to apple stock to rhodium to google to bitcoin :strangelove:


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InvisibleCyrus19
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: egoslap]
    #24408057 - 06/15/17 02:53 PM (6 years, 7 months ago)

Quote:

egoslap said:
Quote:

demiu5 said:
if something seems too good to be true........




Investments are too good to be true?  I will quote you in 3 years when we pocket our 10k investment.  You can kick yourself in your own balls.



Bitcoin isn't an investment its gambling


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Invisiblegeorge castanzaM
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: Asante]
    #24408851 - 06/15/17 08:14 PM (6 years, 7 months ago)

Quote:

Asante said:
I contemplated getting in on them when they were six dollars and I decided against it.

Imagine I had thrown $6000 at it. I'd be a triple millionaire.








I've debated with myself over this a few times, last time I was thinking hard on it btc was @300


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OfflinegeokillsA
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: george castanza] * 1
    #24417245 - 06/19/17 09:36 AM (6 years, 7 months ago)

Frankly, if you have money sitting around doing nothing, that you don't need, it makes perfect sense to allocate a small portion of your assets to bitcoin and/or ether.  These are the first viable new means for currency in a thousand years.  I have no doubt the volatility will be gut wrenching, which is why I don't even try to trade these things.  Just stash some away as part of your asset diversification strategy.  Reward is proportional to risk.  If you aren't going to take the risk, you aren't going to be rewarded.

Of course, if you are struggling to get by, living paycheck to paycheck and saddled with debt, pay off your debts before you do anything else.


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OfflineKryptos
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: geokills]
    #24417532 - 06/19/17 11:44 AM (6 years, 7 months ago)

Having bought at 2K and watched the latest roller coaster, I'm not certain about bitcoin. From a cryptocurrency standpoint, it seems like Ether might be the way to go, opportunity-wise. That being said, this is a volatile market, so sticking with the big names might be worth it.

I still think this is a viable investment, though I do see a short term price collapse possibility. Graph now looks a lot like the graph back in late 2013.

I'm thinking that the next collapse will hit non-bitcoin cryptocurrencies hardest. Bitcoin has the branding, the name recognition. All these new currencies do not.

I think bitcoin is a viable long-term investment. It has generally been growing over the last few years, and even with the huge price corrections in 2013, you would have still made money if you jumped on at the top. It doesn't seem like it will fold anytime soon.


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OfflineLogicaL ChaosM
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: geokills]
    #24418528 - 06/19/17 05:53 PM (6 years, 7 months ago)

Sound advice as always.

Youre so smart and wise :datass:


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InvisibleStonehenge
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: LogicaL Chaos]
    #24456640 - 07/04/17 11:43 AM (6 years, 6 months ago)

They are buying like mad in korea, in japan, in china when able, in india and other places. The reasons are often because the local currency is in long term decline, because of currency controls forbidding people from sending money abroad, or to hide cash from the tax man, among other reasons. Those reasons will not go away any time soon and we are still in the early part of the rollout.

Speculators might think a crash is coming and sell, the price dips a little then shoots back up as people see a buying opportunity. Its not just speculators any more, not just darknet buyers, though they made up the early adoptors. Its more and more common people who just want some money they can spend or send any way they wish.

The mexican peso for example has declined every year for decades agains the dollar. BTC has gone way up as has ether. China has major capital controls, india banned cash a while ago and forces everyone to use a national id card for all purchases and other things. Or... they can put their cash into btc and do as they please while giving the finger to govt.

As I've discussed before, the big dog who takes a commanding lead in a new industry tends to keep that lead and extend it. BTC capitalization is so far ahead of the pack it isn't funny, only ether and possibly one or two others have long term survivability and likely only as niche currencies. VHS squashed beta even though beta had technical advantages. VHS only died when revolutionary advances came along which left vhs in the dust like cd's and dvd's. Then it was cost, storage vs tossing out the old vhs player and getting a new cheap one on your next computer or stand alone device.

It would take a major flaw in the btc structure to bring it down. Like if the miners got so greedy and jacked up fees to the sky, they did that and it was not good but now its back down. Or if there was a fork which people did not trust, that could bring it down. But the race is btc's to lose, what the also rans do means not so much.

Big companies looking to work with coin will want the industry leader. BTC has a 42B market capitalization and only ether looks to be a competitor. But as we saw with vhs vs beta, once you are dominant and well known, companies go with the leader which puts even more pressure on #2, 3, and 4. I own some ether just over 1k worth but my money is in bitcoin.


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OfflineEarthsweeties
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: Stonehenge]
    #24457225 - 07/04/17 03:44 PM (6 years, 6 months ago)

Will there come a time when all the people stashing them want to sell though?  And the price tumbles...

Another interesting factor. When Silk Road got taken down, a huge number of bitcoins were seized were they not? Could this be used by the FBI to manipulate the price?  Or has that volume of btc faded in significance?


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Offlinetomnl
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: Earthsweeties]
    #24457341 - 07/04/17 04:27 PM (6 years, 6 months ago)

FBI sold those already to an investor. I dont have time to search the links but you will find about it when u search.

Greets Tomnl


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Offlineegoslap
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Re: Bitcoin Breaks $3000 a coin! Predictions? Lets make Shroomery rich! [Re: Stonehenge]
    #24458521 - 07/05/17 06:42 AM (6 years, 6 months ago)

Yes and if you consider inflation (which is how paper currency loses its purchasing power over time) into these equations then bitcoins beating all paper currency since its not debt based barter and thus is not subject to the inflation loss of your local paper currency.


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