Intruders-Alert

My little Litecoin price has gone from $92.24 when I started this thread to $128.42 today. I am always a dollar short and a day late. Oh and Bitcoin is at $16,338.92. Just think about it for a minute... People in America are willing to pay over $16,000 for a coin that doesn't even exist. [space] ;IDunno: [space]

And today, 12/10/17, my Litecoin would be worth $154.42.

The old ladys Christmas shopping has put my ass in DEEP debt, can't afford to invest in any Bitcoin.
She says "don't worry, I have $401,000 at work.
I said "that's a 401K!!!"

I bet I was married to her sister.

Maybe i can save up a grand and drop it.
Maybe do it a couple times and see where it goes. I'm poor and get the feeling all the rich are gunna get richer. I could use some of that. Not for me.. But for my family.

How much of nothing would i need to buy to become a virtual millionaire?

BRONX INTRUDER wrote:Maybe i can save up a grand and drop it.
Maybe do it a couple times and see where it goes. I'm poor and get the feeling all the rich are gunna get richer. I could use some of that. Not for me.. But for my family.

How much of nothing would i need to buy to become a virtual millionaire?

The Dow has gone up 6K since the election. Barring a terrible war or catastrophic event, I see no reason why 50K, yes 50K, cannot be achieved. Doubled, that is, from where it is now! Don’t become virtual, get real!

I dont have these problems I got loads of money. Im trying to get rid of it but I would not touch Bitcoin with a barge pole.

BUYING THE BIT COIN IS BUYING A BAG OF AIR. IMAGINE THAT! ONE FOOL VYING TO POSSES A BAG OF AIR, AND MORE FOOLS CHASING AFTER IT WITH DOLLARS. ALWAYS LOOKING FOR A GREATER FOOL.

WHEN THE MUSIC STOPS WHO WANTS TO BE THE BIGGEST FOOL ....

Green dollar bills suck too. I hate money. But almost everyone else want it so it's what makes it have value.
So invest in Walmart instead? Is it cheaper than nothing or air (bitcoin)? Lol. I have no idea how any of this stuff works. I'll send you money and you put it somewhere to grow. Lol.

So it's true, money can't buy happiness.

navigator wrote:So it's true, money can't buy happiness.

Never forget...
Money don’t get everything it’s true
What it don’t get I can’t use

Buy a gift and give it to a poor child and see the happiness.

Money doesn't buy happiness, but it is better to cry in a Rolls Royce than on a bicycle.

BTW, I have been working the Toys for Tots program for the last 6 weeks, and I am convinced it is a good program for kids that wouldn't have anything otherwise.

Last year the guy that is running the program in our area got a call on Christmas Eve that a family had lost everything in a fire, he was out at 5 am delivering toys so the kids would have something on Christmas day.

Today a lady stopped by the table and donated $100 because a few years ago her family was really hurting and the program came through for them.

Hearing these stories makes standing out in the cold for 6+ hours, all of the hours spent sorting and storing the toys, much easier to take.

BRONX INTRUDER wrote:Green dollar bills suck too. I hate money. But almost everyone else want it so it's what makes it have value.
So invest in Walmart instead? Is it cheaper than nothing or air (bitcoin)? Lol. I have no idea how any of this stuff works. I'll send you money and you put it somewhere to grow. Lol.

Please do send me money!!! Please. You don’t know how this stuff works? Well, send me all your green dollar bills and I’ll show you! [emoji106]

https://newatlas.com/bitcoin-cryptocurr ... ion/52556/

Just ran across this....never considered this aspect of it

Take your bitcoins... Give me gold and silver...They don't disappear into thin air. Dave

jeffcoslacker wrote:https://newatlas.com/bitcoin-cryptocurr ... ion/52556/

Just ran across this....never considered this aspect of it

I have a question? Would the people that use the power it takes to transact a Bitcoin deal use that power for some other reason? I'll put it this way... the power my computer would use to help during the bitcoin deal would be used for something else anyway. So in the end instead of helping Bitcoin transact a deal I wasted all that power posting on IsA. [space] [space]

BlacktopTravelr wrote:My little Litecoin price has gone from $92.24 when I started this thread to $128.42 today. I am always a dollar short and a day late. Oh and Bitcoin is at $16,338.92. Just think about it for a minute... People in America are willing to pay over $16,000 for a coin that doesn't even exist. [space] ;IDunno: [space]

And today, 12/10/17, my Litecoin would be worth $154.42.

I put $100 on litecoin when it was $125, its over $250 right now. [emoji106]

Prodigal_Sun wrote: The fact my $1.00 is at $1.34 from one week ago is a side benefit

jeffcoslacker wrote: https://newatlas.com/bitcoin-cryptocurr ... ion/52556/

Just ran across this....never considered this aspect of it

[emoji2] Crazy ain't it? I mean... the things humans do.

Cuban wrote: I was reading an article recently speaking of the rising computational power needed for both mining and transactions. Or rather, the energy requirements of said computations. Already out of control, and quickly rising to unsustainable levels...

The article I was looking at referenced Denmark, and eventually the world... obviously gotta go up in smoke before that. [emoji2]

Cuban wrote:

Prodigal_Sun wrote: The fact my $1.00 is at $1.34 from one week ago is a side benefit

In the 90's I was broke to the point of being practically homeless, but my family has done alright. My old man has owned his own business for almost 50 years. He has a roughly 20,000 sqft warehouse in the middle of downtown. In an area that's been developing rapidly and almost aggressively lately. He also has a retail store in a building that's roughly half that size across the street. He's pushing 80, but he still works. With the longevity of our bloodline, barring any unforeseen circumstance he realistically has another 10-20 years of life left in him. I honestly have no idea what his net worth is, I could stand to inherit a couple of million dollars, or he could be so leveraged and up to his ears in debt that no one will get a red cent. My mother doesn't even know anything about his finances... Either way I need to have some idea of what to do with money so I don't end up with more than I know what to do with, or if I have to start from scratch. ;IDunno: This stuff is kind of fun, it's easy to get started in, it seems to be growing exponentially, and I still have plenty sitting in boring old bank accounts.

It's interesting the IRS is treating it as property. So if you hold onto it for more than a year you pay long-term capital gains tax on it. They are apparently leaning toward treating unclaimed revenue as off-shore or foreign held bank accounts. So far they have only demanded information of people who have made transactions of $20,000 or more of one type (buy,sell,etc.) in a year.

Litecoin went over $360 today, and is hovering around $350... It's crazy to think that I've "earned" more from putting my $100 on that than I did working last week, if I cashed it out as soon as it's available and it doesn't drop any more. ;IDunno:

:Edit:: You didn't think I just pulled my ScreenName out of a hat did you?

Cuban wrote:

jeffcoslacker wrote: https://newatlas.com/bitcoin-cryptocurr ... ion/52556/

Just ran across this....never considered this aspect of it

[emoji2] Crazy ain't it? I mean... the things humans do.

Cuban wrote: I was reading an article recently speaking of the rising computational power needed for both mining and transactions. Or rather, the energy requirements of said computations. Already out of control, and quickly rising to unsustainable levels...

The article I was looking at referenced Denmark, and eventually the world... obviously gotta go up in smoke before that. [emoji2]

I never read any of this thread...just ran across that article and remembered the bitcoin thread...dropped it. Sorry. [emoji2]

Not.