Where are the guys who said the crypto crash was just a tax time thing?

Amazon khol5c
Jun 10, 2018 66 Comments

How you guys doing today?

comments

Want to comment? LOG IN or SIGN UP
TOP 66 Comments
  • Amazon Jexx
    Crypto did go way up right after tax time. It then went back down later. Different things. Like any global market there are a lot of components to this.
    Oh - and as to how I’m doing? Well, crypto is still up from where it started in 2017 by around 600%. Not shabby and vastly better than any other speculative investment I’ve had. So doing great!
    Jun 10, 2018 0
  • Cisco Avr1UsK
    This is a great time to invest in crypto.
    Jun 10, 2018 14
    • Citibank / Eng id 10 t
      I seem to have addressed both possibilities so I’ll just assume you’re an idiot.
      Jun 10, 2018
    • New HuPl82
      There are more than two genders unless you have been living under a rock
      Jun 10, 2018
    • PeerStreet / Other
      Ju63vNQa

      PeerStreet Other

      PRE
      Amazon
      Ju63vNQamore
      Citibank you are a cis gendered bigot, how dare you try to enforce your binary gender view onto others - people like you make me sick.

      It’s 2018 and we still have people like you who believe in binary genders - so shameful.
      Jun 11, 2018
    • Citibank / Eng id 10 t
      Yawn.
      Jun 11, 2018
    • Sick burn!
      Jun 11, 2018
  • Amazon
    3headed🐒

    Amazon

    PRE
    Microsoft
    3headed🐒more
    And where is Block$$$ now? It's easy to comment/pump/predict when all coins are going up... He is another McAfee!
    Jun 10, 2018 5
    • New bkjt
      What would you have them do or say now? You want to be comforted? Chances are they have been holding crypto since the very beginning and is up substantially. It’s just the nature of these things, their portfolio is probably down a lot but I’m pretty sure they’re not hurting in the least bit.
      Jun 10, 2018
    • Amazon
      3headed🐒

      Amazon

      PRE
      Microsoft
      3headed🐒more
      I'm not a kid and don't need comforted. My point is it was easy to be vocal in that Nov-Jan time frame.. even the worst coin reached their ATH..

      He will come back again when BTC back in the game... A very smart pumper..
      Jun 10, 2018
    • New bkjt
      They way you phrase your comments just sounds like you’ve lost on some investments. When the whole world market is excited in these assets during their run, I dont think Blocks’s comments make a damn difference. Blind isn’t a very popular platform to affect serious pumps by just one person.
      Jun 10, 2018
    • Amazon
      3headed🐒

      Amazon

      PRE
      Microsoft
      3headed🐒more
      I'm in sideline since late January... So still on the + side...

      And his comments did create light pump back in the days and it helped his takes.. I saw a plenty of discord & telegram groups talking about him...
      Jun 10, 2018
    • New DuQvV7
      Everyone is a genius is a bull market.

      You should have seen my 21-year old ass in the dotcom boom (bubble). Making money on every single trade and thinking I was the second coming of Buffet.
      Jun 11, 2018
  • Amazon khol5c
    OP
    🌷
    Jun 10, 2018 18
    • Wells Fargo qUyB01
      Interesting what exchange did u use in the USA? Was the transfer instant and was the exchange rate pretty much the spot rate?
      Jun 10, 2018
    • Amazon Jexx
      I use GDAX (Coinbase’s advanced interface that has way lower fees, but requires you to first transfer in money from your bank) and Bittrex. But a good and knowledgeable friend generally recommends Gemini. I keep crypto around, and haven’t had to purchase any in ages.
      If you want to find someone local you can use localbitcoin.com and avoid transfer rates.
      Jun 10, 2018
    • Amazon Jexx
      And I’m not sure what you mean by the exchange rate in this context.
      Jun 10, 2018
    • Amazon khol5c
      OP
      By exchange rate here means how many rupee's/rubles/sheckels or whatever did you get for your USD when all was said and done
      Jun 10, 2018
    • Amazon Jexx
      The vast majority of the time that I have moved money to foreign exchanges, it has been specifically to trade for tokens or crypto‘s that are available on that exchange and not in my normal one.
      I know others who have just paid for things in crypto- ordering $10,000 of material from Singapore? Pay in BTC and then the local vendor deals with it.
      For just small amounts of $$, if you keep BTC around you should be able to use it locally on localbitcoins.com to exchange. I haven’t don’t that but know many who have.
      Jun 10, 2018
  • Google Googleplex
    Even after such a crash, seems still a risky investment, need to be very cautious. I won’t be surprised if it crashes even further.
    Jun 10, 2018 4
    • Amazon khol5c
      OP
      It hit 1000 in December 2013, crashed, and took three years to get back to 1000. I think a bunch of current crypto traders don't realize it can go negative for years.

      If it gets back to 15k I predict it won't be until 2023, and that it will go a lot lower first.

      It has no intrinsic value right now. To go up, somebody needs to start using it as a currency. Right now hardly anyone does.
      Jun 10, 2018
    • Google Googleplex
      Ya that’s a reasonable argument
      Jun 10, 2018
    • OpenTable Meliodas
      It’s not investing, it’s speculating.
      Jun 10, 2018
    • Amazon Yrallhrsht
      I hear ya but at a PE ratio pushing 300 I would say putting money in Amazon stock is also speculating!
      Jun 10, 2018
  • Amazon Yrallhrsht
    I bought into bitcoin in 2013 so while it gained and then lost a lot of value in the last 6 months...I'm still super happy and grateful for where it is. Also expect in 4-5 years, those holding crypto at current prices will feel the same. It's an investment, I don't think about it day to day or even month to month.
    Jun 10, 2018 1
    • Facebook public
      +1 but trading the volatility for some fun money is also well fun!
      Jun 10, 2018
  • Citibank / Eng id 10 t
    Here’s a question. Would regulation hep or hurt the value of crypto? It would lend it credibility just not sure what it would do to the value.
    Jun 10, 2018 8
    • Starbucks / Eng PUxL03
      How often do we use paper money nowadays? I sometimes go a whole month without touching a physical piece of money. I don’t think society using a form of cryptocurrency is that far a reach. Will it happen anytime soon , I doubt it, but I do see it happening eventually.

      I think the cryptocurrency world is in the equivalent of the 70–80s of the computer world. Things are clunky, not convenient, expensive, hard to use, and have limited use. A decade from now? I think things will be very interesting. Although there will be various crashes and setbacks as we get there. Just like there was in the computer and video game world
      Jun 10, 2018
    • Amazon khol5c
      OP
      Sure. That's the theory. It's a beautiful theory.

      Show me adoption.

      Lots of beautiful theories have been murdered by gangs of ugly facts.
      Jun 10, 2018
    • Starbucks / Eng PUxL03
      It’s all theories that’s my point. Just like in 1970 some people thought computers were useless and others thought they were the future. Like I said we are using less physical money not more of it...that’s a fact. Who is to say that one day the dollar it self won’t be a cryptocurrency by default? Although it would be hard to throw digital tokens at strippers. That could be a coin idea...stripper coin.
      Jun 10, 2018
    • Amazon Yrallhrsht
      If you throw actual coins at strippers and not paper money you're an asshole and I really want to go to a strip club with you because that would be hilarious to watch! 😆
      Jun 10, 2018
    • Cisco Avr1UsK
      Just like Gold is used for actual transactions ?
      Jun 10, 2018
  • Facebook zucky boi
    Bitconnectttttttttttt!!!!!!!!!++
    Jun 10, 2018 0
  • Citibank / Eng id 10 t
    It’s a range bound traders game for now. Roughly $6500 - $9500. Opportunity to make money but way too much uncertainly IMO. Could go under $5000 just as easily as it could go above $12000. Better odds than Vegas.
    Jun 10, 2018 0
  • Facebook public
    Up a few hundred percent and you are worried?
    Jun 10, 2018 2
    • Starbucks / Eng PUxL03
      I think the op is throwing a butthurt temper tantrum because they missed out on the 3 digit returns everyone else has realized 😂.
      Jun 10, 2018
    • Tableau / Eng
      WeldMaster

      Tableau Eng

      PRE
      Microsoft
      WeldMastermore
      PUx Everyone??
      Jun 13, 2018
  • Starbucks / Eng PUxL03
    Cashed out various percentages 4x. Still up 400% on what I left in the market.

    I make money on the volatility now. So the more it drops or jumps benefits me.
    Jun 10, 2018 0
  • Citibank / Eng id 10 t
    I read somewhere that over $1 billion in crypto has been stolen this year. Seems like a relatively large percentage of total crypto assets out there if true.
    Jun 10, 2018 0
  • EOS will do well after all the bugs are fixed
    Jun 10, 2018 0

Salary
Comparison

    Real time salary information from verified employees