Author Topic: BitCoin’s fourth big crash is now in progress  (Read 654 times)

ArnoldW2

  • Trusted Member
  • Guru
  • ******
  • Posts: 496
    • View Profile
BitCoin’s fourth big crash is now in progress
« on: December 29, 2017, 07:52:53 pm »
I was looking at some graphs of Bitcoin, and I noticed that the price of Bitcoin has crashed three times -- in a big way.

I believe that BitCoin’s fourth big crash is now in progress.  Now is absolutely NOT the time to buy BitCoin.

Here is a summary of the crash history, based on a graph at
    https://99bitcoins.com/price-chart-history/

                  Crash History of BitCoin
Date
   
Price ($)
       
   Comment
2011-06-09     
29.58
    Top
2011-11-18     
2.04
    Crash 1 - Bottom
2013-04-09     
213.72
    Top
2013-04-16     
65.39
    Crash 2 - Bottom
2013-07-09     
69.05
    Crash 2 - Bottom Again
2013-11-29     
1,132.26
    Top
2015-01-14     
198.59
    Crash 3 - Bottom
2017-12-18     
19,498.63
    Top

As I write this, the price of BitCoin is down roughly 25% from the latest top.

Similar, but not identical numbers can be derived from the graphs at two other web sites:
     https://www.buybitcoinworldwide.com/price/
     https://charts.bitcoin.com/chart/price/

I don’t know why the three graphs are different (if only a little).  My best guess is that three different organizations did their own price measurements in different ways.

Note 1:
Between the peaks of 2013-04-09 and 2013-11-29, the graphs showed something that stock market analysts call a “double bottom”.  After the first bottom on 2013-04-16, the price of BitCoin looked like it was recovering nicely, but it later fell back to the bottom again, which is why the phrase “Bottom Again” occurs in the Comment column.

Note 2:
The three web sites mentioned above allow you to adjust the graph so you can zoom in on time intervals of less than a month.  Without that zoom capability, there would be no way to extract the data in the table above.

Note 3:
The BitCoin.com chart is a bit flaky.  Every time I zoomed in our out, the numbers from the graph changed, if only a little.  I conclude that the math skills of the web site writers are not quite what they should be.  The numbers from the other two sites didn’t change.

Crypto

  • Occasional User
  • ***
  • Posts: 17
    • View Profile
That's not a crash it's a fluctuation
« Reply #1 on: December 30, 2017, 07:10:36 am »
That's not a crash It's a fluctuation

Crash implies something that comes back down to earth and never rises again.

What you are seeing is just the natural process of digital currencies being integrated into the world economic system.

For instance I still run into a lot of people who have not even heard of Bitcoin. But as time goes by more and more people jump on it. The current population of the world is around 7.6 Billion if Bitcoin starts at 1 million users it will have to double (2 million, 4 million ...) 13 times before it reaches the entire worlds population. Each time it doubles because of some new news story or stories trigger it will dramatically increase in price followed by what some people call a crash as profit taking and panic takes place followed by even higher prices as more new people get into it.

Eventually it will stabilize as most of the world has heard of it and used it.

A currency that has a fixed amount like Bitcoin will actually then be more stable than currency like Federal Reserve Notes.

This will be a big problem for Fiat currency producers like the Private Federal Reserve Bank because over the years people will begin to understand that inflation is not prices going up but actually Federal Reserve Note Dollars losing value because more of them are being created.


ArnoldW2

  • Trusted Member
  • Guru
  • ******
  • Posts: 496
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #2 on: December 30, 2017, 07:13:50 pm »
Crypto wrote:

Quote
That's not a crash It's a fluctuation.
Crash implies something that comes back down to earth and never rises again.

True for an airplane.

But any large and sudden drop in the stock market (or other investment) has been called a "crash" for a very long time.

The stock market did eventually recover from the disaster of 1929, so I suppose it seems like only a fluctuation to you.  But it sure seemed like a "crash" to the people who lived through it.  There were people who committed suicide after their losses impoverished them.

Back in 2010, I knew a guy who was underwater on FOUR mortgages.  I wonder what he would say if you told him his situation was only a "fluctuation".

There's a fairly good chance that BitCoin's boom and bust cycle will continue two or three more cycles, but that is far from certain.

Crypto wrote:
Quote
A currency that has a fixed amount like Bitcoin will actually then be more stable than currency like Federal Reserve Notes.

This will be a big problem for Fiat currency producers like the Private Federal Reserve Bank because over the years people will begin to understand that inflation is not prices going up but actually Federal Reserve Note Dollars losing value because more of them are being created.

For now, crypto-currencies are, from the point of view of government central banks, a sideshow.  Once crypto-currencies become threatening, governments and central banks will react.  Possible reactions include:
1.  Outlaw BitCoin and other open source currencies
2.  Create their own crypto-currencies

Here are links to some articles about that.

    https://news.bitcoin.com/fedcoin-u-s-issue-e-currency

    https://www.washingtonpost.com/opinions/bitcoin-is-big-but-fedcoin-is-bigger/2017/12/18/53e2e79a-e1b8-11e7-89e8-edec16379010_story.html

    https://wallstreetinsightsandindictments.com/2017/12/play-bitcoin-better-than-the-crowd-when-you-know-the-truth/

I doubt that crypto-currency prices will stabilize anytime soon, if ever.  The new crypto-currency futures pretty much guarantee instability for the foreseeable future.  Here are some articles about that.

    https://moneymorning.com/investing/in-2018-this-will-be-better-than-bitcoin/

    https://www.marketwatch.com/story/this-is-your-brain-on-bitcoin-2017-12-04

    http://charleshughsmith.blogspot.com/2017/12/regulating-cryptocurrencies-and-why-it.html

    http://charleshughsmith.blogspot.com/2017/12/is-one-reason-why-status-quo-disdains.html

Most people have no idea how inflation really works.  They don't know enough math to understand.  Even if BitCoin prices stabilize (a big IF), it will be a long time before people begin to notice BitCoin holding its value better that government fiat currencies, and they won't understand why.

Karl Denninger, on his web site, wrote:
America is, for the most part, an innumerate nation.  If the people were not innumerate there would have been an utterly vicious reaction by now and not one single politician -- or Federal Reserve president -- would still be in office.


unix

  • Trusted Member
  • Wise Sage
  • ******
  • Posts: 3709
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #4 on: December 30, 2017, 10:09:36 pm »
that's something I've said in the past.

about precious metals.

LOL

I can't believe they are still not going anywhere.  Well, at least they are not crashing.
Brawndo. It's got what plants crave.

Crypto

  • Occasional User
  • ***
  • Posts: 17
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #5 on: December 31, 2017, 12:25:31 pm »

I would call the 1929 events a crash. Because the bubble deflated quickly and recovery took over 12 years. But look what triggered it, you could buy stocks with only 10 percent down and the remaining 90 was lent to you by the broker. Worked great for a while when more people were interested in buying and prices were rising. But then when people started to cash in and there were more sellers than buyers the prices started falling then the brokers started calling in the loans and people did not have the money to cover that and the bottom fell out in a nasty crash.

If something goes back and forth with huge swings over 4 times in a year each time coming back higher than the last time than something else is going on. It means more and more new buyers and sellers are coming on board. This is an easy prediction to make. Eventually this will level off

Right outside New Orleans in a suburb called Chalmette there is a battlefield That you can walk on. It was there in January of 1815 that Andrew Jackson and the Americans defeated the British in the battle of New Orleans. What is interesting and relevant about this is that the battle was fought 3 weeks!!! after the Peace Treaty of Ghent that ended the war was signed in Brussels Belgium. It took that long for the news to travel. Today I can sit on that battlefield pull out my pocket cellphone computer and ping a server in Brussels and get a response back in less than 250 milliseconds, less than one quarter of a second.

The often cited Tulip mania goes back to 1637, even slower times. While there are still great lessons to be learned from those times and incidents remember we are in a vastly different world with virtually instantly communication, software that can analyze billions of factors per second and automatically buy and sell. 
So what looks like a classic mania bubble might just be wider volatility from automation.

Those links that you highlight show just how clueless many people are about Bitcoin. One guy calls it a line of code.
 others say it has no value at all.
I guess you could say that unless the ability to make an anonymous payment to anyone anywhere in the world has no value. 

And really they are missing the big picture they don't even mention block chain which is the big story here.
With it's smart contracts, ability to secure deeds,and all kinds of paperwork. Bitcoin is only the first major application of Blockchain technology. It is actually digital cash and a payment system it's not a beanie baby fad that will suddenly disappear.

Plus they don't understand the internet and the new world of iot where every device is a router. How do you block that? Saying the Government will make blockchain illegal as if they just have to pass a law and it is done. So how is the government going to stop me from transferring digital cash from my digital wallet to your digital wallet whenever I want.

People don't have to understand inflation. They just have to observe that when they set aside 6 months of expenses in dollar form eventually this turns into 3 months of expenses and less. There will be stable digital currencies that will keep that 6 months value over time and even increase in value.

Bitcoin is open source, anyone can download it and create their own currency which many have done. There are many clones some with some interesting twists.
It will have to improve a lot to stay on top.
Visa can process 45,000 transactions per second but Bitcoin currently only does a few per second. There is one called NEO Which claims the ability to do over 1,000,000 transactions per second.

This is another easy prediction - none of this is going away there will be a handful of digital currencies That rise to the top they probably will fulfill different needs one will have the fastest transaction time with instant turnover and another might be in demand for it's rock solid price stability. It's clear that most of the action will be in the Ethereum type platforms with it's support of Smart Contracts.

Government Bitcoin will be a joke. the might be able to force the people who work for them and contractors to use that. But the whole point of it's invention was decentralization and going back to centralization defeats the whole point and then they will have the ability to monitor all your spending and even stop transactions. " we stopped you from buying that ice cream because we think it will be unhealthy for you. The wider population will never go along for that.


unix

  • Trusted Member
  • Wise Sage
  • ******
  • Posts: 3709
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #6 on: December 31, 2017, 01:53:09 pm »
Quote
I would call the 1929 events a crash

Actually, I would disagree with you here even though a lot of what you said makes sense. It was a badly needed corrective crash, a correction. Not everyone lost their shirt. Fortunes were made. 25% were out of work but 75% weren't.

Anyway.

I am a a pessimist. I think today's bubbles will collapse as well, and in a needed way. Real estate bubble, this bitcoin stuff and maybe even the very FRN itself.

sigh

The SOP seems to be inflate the hell out of it, get out of it and make some money while the peasants get stuck with losses. Meaning us. If the gov does not control bitcoin, who does? and who can crash it? I am just really skeptical.


Brawndo. It's got what plants crave.

ArnoldW2

  • Trusted Member
  • Guru
  • ******
  • Posts: 496
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #7 on: December 31, 2017, 05:11:48 pm »
Crypto wrote:

Quote
They don't understand the internet and the new world of iot where every device is a router. How do you block that? Saying the Government will make blockchain illegal as if they just have to pass a law and it is done. So how is the government going to stop me from transferring digital cash from my digital wallet to your digital wallet whenever I want.

Government Bitcoin will be a joke. the might be able to force the people who work for them and contractors to use that. But the whole point of it's invention was decentralization and going back to centralization defeats the whole point and then they will have the ability to monitor all your spending and even stop transactions. "we stopped you from buying that ice cream because we think it will be unhealthy for you."  The wider population will never go along for that.

Twenty years ago, lots of people were writing that the internet would be a tool of freedom forever and that it would make all censorship impossible forever.  Today, China's internet censorship mostly works, and China has already turned the internet into a 1984 style surveillance system.  And almost all the other governments in the world (including the U.S. government) are working to do the same.

I'm sure that governments and central banks are already trying to figure out ways to use blockchain tech to track 100% of all financial transactions:  All food purchases, clothing purchases, medical care purchases, etc.  Every crypto-dollar will have a blockchain with a complete history of every person who ever owned it and for how long, easily accessed by "authorized" people.  All under the excuse of tracking "illicit" transactions, of course.  It will be a level of surveillance beyond anything George Orwell imagined.

To claim that government crypto-currencies will be a joke is like claiming government censorship and surveillance of the internet are jokes.  Yes, hackers have proven that it's possible to overcome these things, but most people don't have the computer skills to do that, and they never will.  That's why, eventually, we will live in a world where only hackers can spend money as they please and all other people will have to settle for government approved purchases.

The U.S. government is slowly killing the freedom of the people to spend their money as they please.  It's a death by thousands of tiny cuts over decades of time.  If the government tried to kill freedom too quickly, the people would object.  But there's always an excuse to kill a tiny bit of freedom, especially under the pretense of "protecting" the people.  If governments have the necessary combination of patience and persistence, the people will allow freedom to slowly die.  History proves that again and again.

The Gorn

  • I absolutely DESPISE improvised sulfur-charcoal-salt peter cannons made out of hollow tree branches filled with diamonds as projectiles.
  • Trusted Member
  • Wise Sage
  • ******
  • Posts: 22157
  • Gorn Classic, user of Gornix
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #8 on: December 31, 2017, 05:21:28 pm »
Crypto wrote:

Quote
They don't understand the internet and the new world of iot where every device is a router. How do you block that? Saying the Government will make blockchain illegal as if they just have to pass a law and it is done. So how is the government going to stop me from transferring digital cash from my digital wallet to your digital wallet whenever I want.

Government Bitcoin will be a joke. the might be able to force the people who work for them and contractors to use that. But the whole point of it's invention was decentralization and going back to centralization defeats the whole point and then they will have the ability to monitor all your spending and even stop transactions. "we stopped you from buying that ice cream because we think it will be unhealthy for you."  The wider population will never go along for that.

Twenty years ago, lots of people were writing that the internet would be a tool of freedom forever and that it would make all censorship impossible forever.  Today, China's internet censorship mostly works, and China has already turned the internet into a 1984 style surveillance system.  And almost all the other governments in the world (including the U.S. government) are working to do the same.

I'm sure that governments and central banks are already trying to figure out ways to use blockchain tech to track 100% of all financial transactions:  All food purchases, clothing purchases, medical care purchases, etc.  Every crypto-dollar will have a blockchain with a complete history of every person who ever owned it and for how long, easily accessed by "authorized" people.  All under the excuse of tracking "illicit" transactions, of course.  It will be a level of surveillance beyond anything George Orwell imagined.

To claim that government crypto-currencies will be a joke is like claiming government censorship and surveillance of the internet are jokes.  Yes, hackers have proven that it's possible to overcome these things, but most people don't have the computer skills to do that, and they never will.  That's why, eventually, we will live in a world where only hackers can spend money as they please and all other people will have to settle for government approved purchases.

The U.S. government is slowly killing the freedom of the people to spend their money as they please.  It's a death by thousands of tiny cuts over decades of time.  If the government tried to kill freedom too quickly, the people would object.  But there's always an excuse to kill a tiny bit of freedom, especially under the pretense of "protecting" the people.  If governments have the necessary combination of patience and persistence, the people will allow freedom to slowly die.  History proves that again and again.

ArnoldW2 is providing extremely good realistic counterpoint and reality checks to newbie user Crypto's  posturing that he possesses secret arcane knowledge.

Quote
They don't understand the internet and the new world of iot where every device is a router.

Christ Almighty, what an HN-worthy platitude. The government is compartmentalized into a million segments. There are entire buildings of people working for the gov who DO know what a router is.

Bitcoin is another fiat currency. Its value is only tied to investor's confidence in it. Confidence shatters, which doesn't take a lot, and there goes the value of the bubble.

Just like the dollar. Except that the US dollar has a country of 300 million, the rule of law, the strongest military on earth, and the most control-capable government on earth to prop up that value.

Bitcoin has nothing. It's stateless and there isn't even a key person or group or entity that its value is based upon.

Sic: You only own $1 million in bitcoin on a computer screen... not even on paper. You can't easily spend it because merchants don't want to deal with it.  You can't liquidate it unless you do so in small amounts.

Lastly Bitcoin has no history compared to world currencies. It has a track record of a nanosecond compared to the dollar.

Making claims about a new paradigm being "proven" with Bitcoin is pure mental masturbation. Absolutely nobody, no matter how brilliant, can predict bitcoin's or other crypto currency's eventual fate. Not Stephen Hawking, not a supercomputer or AI neural network... nobody and nothing knows.
Gornix is protected by the GPL. *

* Gorn Public License. Duplication by inferior sentient species prohibited.

The Gorn

  • I absolutely DESPISE improvised sulfur-charcoal-salt peter cannons made out of hollow tree branches filled with diamonds as projectiles.
  • Trusted Member
  • Wise Sage
  • ******
  • Posts: 22157
  • Gorn Classic, user of Gornix
    • View Profile
Is user Crypto Wealthy from Bitcoin?
« Reply #9 on: December 31, 2017, 05:24:01 pm »
If so, great for you, and an uncloak would be appropriate. If you have enough wealth you should not care who knows about you.

If not, you're just wasting our time with hollow asperger's fueled techie elitism.
Gornix is protected by the GPL. *

* Gorn Public License. Duplication by inferior sentient species prohibited.

ilconsiglliere

  • CCF Winner's Circle - Supporter
  • Wise Sage
  • *
  • Posts: 2959
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #10 on: January 01, 2018, 06:36:31 am »
I don't think its crashing, its just a fluctuation. Here is why I believe this - Wall Street has found their next bubble to inflate. There is no way its going to collapse this early in the bubble cycle. We are not at the very beginning of the bubble because the mania has not yet become peaked, we are on the upslope right now. Its already moving along but we are nowhere near the top of it. Wall Street hasn't finished raking the public over the coals to get their $$.

I think right now we are roughly in the phase of the dot come of around 1995 - the Internet was out there and browsers are starting to appear. The media is just starting to mention the Web and the hype is building. They did the exact same thing with the real estate.

See this graph - my opinion is that we are in the awareness phase and in that we are in the first sell off. The mania has not yet full taken:



With that being said I think there is money to made here if you play it smart. Realize that youngins don't remember the dot com at all and only vaguely remember the real estate. For the youngins the web has always been here and they believe that these asset bubbles/mania are all new. Just like they don't realize people lived for thousands of years without the internet. They think they are smart/better and know more than their elders. Little do they know that older people have seen this all before. Same hustle, different asset class.

Frankly I don't care about the technical details about bitcoin. Let the aspie techno dork guys worry about the implementation. What I care about is making $$ off of it. Realize that Wall Street is a giant insiders game. I worked there for a while, its a big hustle where the public gets ripped off. Watch this scene from the movie Wall Street:

https://www.youtube.com/watch?v=oDD1tW59Mjg

Bitcoin/crypto currencies are no different than the phantom dot com companies that had ridiculous valuations for businesses that had no product, no customers and no profit. I remember the hype well - "its going to change everything", "its going to revolutionize ABC", "its a new paradigm", blah, blah, blah. Sure there were some companies that emerged from the dot com - Amazon, Ebay, etc... but there were thousands of others that died on the vine.

The company's products weren't the primary focus for Wall Street - the primary focus of Wall Street was the IPO, getting their profits, riding it to the top, getting more profits and than shorting the hell out of it on the way down and making more profits.

All the while the public was told to buy and hold. Don't panic, don't sell while Wall Street is unloading the stocks.

My opinion is that Bitcoin/crypto is the same EXACT DEAL. Witness that other crypto's are starting to appear, hedge funds, ETFs & mutual funds are all filing documents for approval. Think about this - this is Wall Street's wet dream come true - creating an asset class out of THIN AIR. This is even better than the dot com, at least with that they had offices and computers. With this, there is NOTHING. Its just a digital number in a computer somewhere. Thats why I said ANYONE could create a crypto currency - Gorn Coins :) . Wait, there is going to be a lot more crypto currencies, bet on it.

You have to be smart though - we are in the beginning phase of the mania and it has a ways to go. They key is to make your money and get out.

The Gorn

  • I absolutely DESPISE improvised sulfur-charcoal-salt peter cannons made out of hollow tree branches filled with diamonds as projectiles.
  • Trusted Member
  • Wise Sage
  • ******
  • Posts: 22157
  • Gorn Classic, user of Gornix
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #11 on: January 01, 2018, 07:56:42 am »
^ This sounds like the most accurate assessment of crypto currency opportunity to date. The general public and naive investers are getting a raging boner over the tech issues and the newness.  This isn't an Age of Aquarius of currency. This is end game capitalism and there's gunna be a few big winners and lots and lots of losers.

Gorn coins (GTC) from Mount Gorn, the most reputable GTC exchange imaginable running on a used Raspberry Pi and a dial up connection:



(This is a new character from the hit streamed series The Gorn in the High Castle about a Star Trek/Nazi crossover alternative reality,)
« Last Edit: January 01, 2018, 10:02:44 am by Blockchain Gorn »
Gornix is protected by the GPL. *

* Gorn Public License. Duplication by inferior sentient species prohibited.

ilconsiglliere

  • CCF Winner's Circle - Supporter
  • Wise Sage
  • *
  • Posts: 2959
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #12 on: January 01, 2018, 11:01:00 am »
^Herr Obergruppenfuhrer you are quite correct. IT dorks never see the forest through the trees. They didn't see it during the dot com and they don't see it now. They aren't getting it that the value is not in the technical implementation but rather its a new fiat currency that Wall Street can drive through the ceiling.

Wall Street doesn't care about the technical implementation of the crypto currencies beyond the fact that they can create something out of thin air. This is modern day alchemy at its finest.

You guys know alchemy from the middle ages where they tried to turn lead into gold. Well with this they are literally NOTHING into an asset via bits and bytes. It doesn't get any better than that.

The hustle is on though, make no mistake. The media is just starting the hype cycle on it and people are starting to talk about it. It hasn't reached saturation yet by a long shot. The majority of the public still does not know what it is.

Once all kinds of tickers start to appear on the TV along with all kinds of endless blathering about endless IPOs and how people are becoming rich overnight than you know we are in the next phase. The cycle of this bubble may be quicker than the dot com and real estate. But I am not so sure about that because than Wall Street will miss out on the giant inflation of the bubble.

They certainly don't want to pull the rug out just yet and leave the public holding the bag like they usually do because they haven't finished taking everyone's money.

You can  make money off of this if you play it right. But you need to vigilant. Buy and hold is dead. You make your money and get out when you decide you have had enough. This is gambling pure and simple.

After the dot com imploded I was at this investment thing hosted by these Wall Street guys here in NJ and they said if an asset drops 10% you dump it. Than at least you persevere your gains and capital, you never ride it though the floor like a lot of people did during the dot con (its not a typo). I won't even say how much I lost during the dot con because I thought I knew more than I did.

Like that maniac Cramer says on tv: bears make money, bulls make money and pigs get slaughtered. You don't want to be the pig.

unix

  • Trusted Member
  • Wise Sage
  • ******
  • Posts: 3709
    • View Profile
Re: BitCoin’s fourth big crash is now in progress
« Reply #13 on: January 01, 2018, 12:11:19 pm »
Pretty much all that. A few will get fabulously wealthy with the rest of us stuck with worthless "bitcoins".
Brawndo. It's got what plants crave.

Crypto

  • Occasional User
  • ***
  • Posts: 17
    • View Profile
Thanks
« Reply #14 on: January 01, 2018, 02:02:25 pm »
Quote

Is user Crypto Wealthy from Bitcoin?

If so, great for you, and an uncloak would be appropriate. If you have enough wealth you should not care who knows about you.

If not, you're just wasting our time with hollow asperger's fueled techie elitism.

uncloaking in public

Not going to happen I found out about this from personal experience. If you have a big windfall from business or a lucrative successful IPO it is best keeping it as quiet as possible. People who are not in that position or feel it is never going to happen to them will smile in your face then stab you in the back with vicious jealous envy.

One thing that's great about a breakfast club group that I meet regularly with is that they have all been programmers at one time or another but all have started and developed companies, have cashed then in with IPOs or selling to a larger company and have done it all. If you have any kind of big success you will get a sincere congratulations.

We bounce ideas around like this all the time. But the attitude is "How can you make that work"

I don't understand why you would waste time looking for reasons why something won't work. That only results in making it easier for some 22 year old to become an instant millionaire because he just went ahead and found a way to make it work because he had no Competition.

Our philosophy is that we are doing society a favor by keeping those kinds of windfalls out of the hands of 22 year olds. Sudden Wealth like that is not good at that age. Plus we can put that money to better more constructive uses. So we check out and discuss as many of these new ideas and companies as possible.


Quote
ArnoldW2 is providing extremely good realistic counterpoint and reality checks to newbie user Crypto's  posturing that he possesses secret arcane knowledge.

The told me I was crazy to waste time here.
But look it already has benefits.

I wish however you could highlight with some symbol those reality checks I have trouble finding them.

One guy in the group who is 70 years old wants to see the reality checks.

Another guy liked your phrase
He wanted to put on his license plate

This car paid for with hollow asperger's fueled techie elitism.

I think it's a lamborghini

But that won't fit on a license plate.
So I told him I could have it printed on one of those magnetic strips and attach to the side of the car.

Thanks.

« Last Edit: January 01, 2018, 02:23:45 pm by Crypto »