(01-09-2021, 11:13 PM)grampahol Wrote: I finally bought a whopping $20 in 4 different cryptocurrencies on the first of the month. $5 each through PayPal.. I'm now a 30aire..actually a $30.21aire.. $10 in 9 days?  I may just buy $10 every month for awhile and see how it goes.. Soon as I'm a gazillionaire I'll buy the bengals and fire Hobson..

(01-09-2021, 11:13 PM)grampahol Wrote: I finally bought a whopping $20 in 4 different cryptocurrencies on the first of the month. $5 each through PayPal.. I'm now a 30aire..actually a $30.21aire.. $10 in 9 days?  I may just buy $10 every month for awhile and see how it goes.. Soon as I'm a gazillionaire I'll buy the bengals and fire Hobson..

(01-23-2021, 12:43 PM)grampahol Wrote: Hey, still $4.72 ahead since my first $20 investment.. The second I'm a gazillion bucks ahead I'm selling it all. I'm never going to gamble my life savings on it or anything, but I can afford to lose all $20 at this point.. 

(01-17-2018, 12:32 PM)Au165 Wrote: The internet and .com bubble were "sketchy" too at first but after the initial collapse of all the pop up companies it now is every day life. The technology behind bitcoin and most cryptos in general is solid and and getting better. You will see block chain and similar technologies used going forward in other avenues of our every day life eventually. Where bitcoin and other cryptos fall apart as a currency is their volatility. You can't have a currency that is so volatile otherwise no one will use it or accept it. It has become more of a wealth container to most which actually damages the use of it in a functional manner. 

What made Bitconnect different is they created a coin as an escape plan for their ponzi scheme investing business. They promised people crazy returns on their bitcoins they loaned them because of a "proprietary" trading bot that would use their coins to play the ups and downs in the bitcoin market making everyone money. Well as most can see from that explanation it is the script of basically every ponzi scheme in the world. The coin was simply the way they paid people out from their scam and so by doing that they were able to double dip selling the coins and taking the investments. One red flag you should always look at when dealing in crypto is coins that are "preminned" meaning the company can release them freely into the market, that was the case here. Bitcoin and many other coins require people to mine the coins in order to control the influx of coins into the market. This decentralized process of creating currency is actually one of the tenets of crypto being a good currency in the future.


The reality is there are coins that have tangible uses and are still in line with the original vision of decentralized transaction tools. These are the things I tend to invest in because they have actual used even outside of being every day currency, but many many many coins have no use and are inf act scams. Buyer beware, treat all of them as investments your willing to lose though as an unregulated market can always get sideways quick.

(05-19-2021, 01:39 PM)kalibengal Wrote: Thank you for explaining further...I still have alot of doubt in the Crypto investments just because after reading a book on it and then seeing how guys like Elon Musk can have such a dramatic effect on it..makes it scary. I still do not completely understand the "mining of coins" etc. Im not a software guy, Im a Civil Engineer.   

(01-11-2021, 02:26 PM)XenoMorph Wrote: invest in a side retirement plan....  Incase buying funny money doesnt pan out

(05-23-2021, 09:39 AM)grampahol Wrote: .and the spelling of box will begin with a C and end with an N.. a few Fs in it too..lol

(05-24-2021, 10:24 AM)fredtoast Wrote: So you are going to be cremated and put your ashes in a "coffee can".

(05-24-2021, 01:02 PM)grampahol Wrote: I'm fine if they send my dead carcass to the Hormel food plant.. Personally I prefer to be tossed in the ocean and eventually recycled at a Mrs Pauls fishstick plant.. I have a box of my dad's ashes and bone fragments..Too much for a small coffee can..
You know what the term for cremation remains are called? Cremains! Sounds too much like a hearty breakfast cereal..
Try a delicious bowl of cremains for breakfast! 

(05-24-2021, 05:12 PM)XenoMorph Wrote: heard Maine was thinking about allowing Viking style Pyre's for funerals

(05-26-2021, 06:34 PM)grampahol Wrote:
I bet that makes the neighborhood smell great..burning human flesh!  Smells like teen spirit!  

By the way..my crypto is back up to $65.. WOOHOO! I'm a thirtyaire! 
A friend offered to give me 10 bitcoins back when they were about a buck each.. Dumbass me turned it down. He's either a multi millionaire now or forgot his password..That would plain suck wouldn't it? .

(01-23-2021, 01:17 PM)KillerGoose Wrote:
Better to make a small profit than to lose a small fortune. You could always set up an automatic buy somewhere if you wanted. You could have it buy, say, $5 of Bitcoin per week/per month and it just automatically takes care of it for you. Or, just roll with your $20. Happy moons!

... arrive there with a large fortune!

(05-30-2021, 11:30 AM)jfkbengals Wrote:
For anyone interested, I found a fool proof way to leave Las Vegas with a small fortune...





... arrive there with a large fortune!