Bitcoin's 10 trillion dollar valuation is fast approaching

There are legitimate benefits, if some of them live up to their promises.

  1. You would not need paypal to start an online business.
  2. You would not need intermediaries for money transfer, and they’d be fast.
  3. You can be god damn private, with no trace of money flow, and this is a good thing. You don’t just need this for “drug dealers”.

That said, there’s not any yet that can handle the level of transactions that Visa can handle.
It will change, don’t know when.

Warren buffett says gold is stupid. You can use stocks & bonds as inflation hedge, since rising prices will translate to rising stock values.

I am not a gold bug. I own BP as a hedge plus it pays 6% dividends… I like real world stuff… Oil, real estate… no virtual crap for me…

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I should have bred some cryptokitties for you. Sale prices are tens of thousands now :slight_smile:

If you can figure how to turn cash into crypto with no trace. Then you have a genius money laundering machine…
That is something I would invest in…

With current prices going up, either in real estate or in stocks, inflation is gone beyond level. I guess either FED measurement does not reflect or they underplay its effect. They know economy is getting hot, that is the reason repeatedly hiking rates, reducing balance sheet, to bring it under control - but slowly.

Multi-Millions of cash is in crypto-currencies and multiple 125 Hedge-Funds and ETFs (ARKK,ARKW…etc) are playing with such currencies.

See the Yield Curve Spread is coming down which hits zero when FED raise next 4 hikes (one year). Recession is bound to happen within 6 months thereafter, exactly falls into 2019. It may take another 2 years to recover.

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Depends on how much you want to “launder” - i guess. The idea is current state of FIAT is temporary (which is hard to achieve), but there are ways to get some amount of crypto-stuff without leaving a trace. Dont’ expect it to be in the range of millions yet.

But what’s good is, there are ones that lets you transfer money without leaving trace. Think in NK you supported freedom protests, and it’d be invisible to anybody but you. There’s real benefit.

The current state is sad, though, but i am hopeful one or two will survive this nonsense.

Looks like bitcoin is up for an imminent collapse in price… can happen any moment now…

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What you want is a rapid housing price inflation and rapid stock price inflation, coupled with a slow inflation of living expenses. This is an investor’s dream.

The war inflation thesis is reasonable, but the ending of Cold War has too much an impact that China’s low labor cost and low environmental cost have provided us cheap stuff and most of the extra money all goes to housing and stocks.

With China’s cost going up, we may start seeing some real inflation, but it should be controlled since China’s rising cost can slow down

My mom just gave me a $5k red envelope for being a good kid. I told her I will invest that money into bitcoin… :rofl:

Take this from me: Put that money into ENG, and it’ll moon.
My science says so :slight_smile: (no it doesn’t, but i am certain it will “moon”). I am certain because everything does :slight_smile:

Um ok I will wait until bitcoin dropped to $1k, then will use the money to buy enigma if that coin still existed by then… :rofl:

Just a ponzi scheme. You should also get Etheremons :wink:

Find the lowest cap one and buy it and then forget about it. :wink: Guaranteed for 5000% return!

I bet you 10bucks it will 3x in two months.
Even though it is not clear if they will deliver, the team consists of mit graduates, and people go crazy over that kind of shit. You can make quick gamble money with high odds of winning.

If you lose 5k, would you be sad? How about if you made 15?

99.9% of coins are shit, clones of qch other and stuff. But volatility is nice, and you can have some fun.

That said i am sure 2montths is too long, it will moon by the time gdax even takes your deposits :slight_smile:

You know it is funny because it is true. Things with the bubbles. Hot potato.

It’s ok to play the game as long as you’re not the one stuck holding the potato :smiley: Thars money in dem hills!

Or you can make couple good shots(hard not to) and take principal out. Also being mindful about tax year for taking profits/losses.

Sounds like you’ve taken a few shots. What are your picks for altcoins?

Hi sumo, zcash, eng and blocknet.

No science, just gamble. Sumo already started mooning, but wouldnt be surprised if it crashes short term.
Eng i have very small portfolio, but eh

I dont have a lot of money, as i said, it is a gamble eith high odds, for short time.