cryptocurrency forum (bitcoin and more)

This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.
Members do not see this ad.
If my life turns out to be groundhog day, I will remember to buy bitcoin in 2011 next time around. Oh well for this time around, I have everything I need, so I can't complain
 
BidingMyTime said:
If my life turns out to be groundhog day, I will remember to buy bitcoin in 2011 next time around. Oh well for this time around, I have everything I need, so I can't complain
Click to expand...
still not too late. can drop $1-2k on bitcoin right now and let it sit for 6 months. guaranteed profit. you're bound to make at least a few hundred dollars doing that, you can hold me to that 6 months from now

just a note. i bought bitcoin at 8600 probably a month ago. and i'm STILL up at 8990. you gotta buy at the right times because bitcoin stabilizes itself upwards
 
It is testing the 8000 level again


Sent from my iPhone using Tapatalk
 
BMBiology said:
It is testing the 8000 level again


Sent from my iPhone using Tapatalk
Click to expand...

My expert TA indicates rock solid support at zero for the buy-the-dippers....Just sayin'.

DYRMIWAV4AAtfjk.jpg
 
Amphetamine Salts said:
still not too late. can drop $1-2k on bitcoin right now and let it sit for 6 months. guaranteed profit. you're bound to make at least a few hundred dollars doing that, you can hold me to that 6 months from now

just a note. i bought bitcoin at 8600 probably a month ago. and i'm STILL up at 8990. you gotta buy at the right times because bitcoin stabilizes itself upwards
Click to expand...
I would wait till BTC hits around 1000 USD. The floor is still awhile aways
 
Gotta wonder how many rubes bought on credit cards when it went over 10K. A lot of weak hands out there and a big chunk is held by a very few with a zero cost basis. These early birds have no incentive to buy more and every motive to sell all the way down.
 
Amphetamine Salts said:
still not too late. can drop $1-2k on bitcoin right now and let it sit for 6 months. guaranteed profit. you're bound to make at least a few hundred dollars doing that, you can hold me to that 6 months from now

just a note. i bought bitcoin at 8600 probably a month ago. and i'm STILL up at 8990. you gotta buy at the right times because bitcoin stabilizes itself upwards
Click to expand...

Aren't you a pharmacist? A few hundred dollars is nothing.
 
Made a clean .2 Eth on the BNB spike today, as well as a 10% on LTC, now putting into ZRX, FUN and some to hold for now.

Got my Fed Tax Return to deposit tomorrow and it's all looking so tasty....
 
Schwimmy said:
Made a clean .2 Eth on the BNB spike today, as well as a 10% on LTC, now putting into ZRX, FUN and some to hold for now.

Got my Fed Tax Return to deposit tomorrow and it's all looking so tasty....
Click to expand...

Do ever post your losses on here? Or do the cryptos you choose always go up? How many of these are outright scams?

And by the way Cryptos=Beanie Babies.
 
Unchained said:
Do ever post your losses on here? Or do the cryptos you choose always go up? How many of these are outright scams?

And by the way Cryptos=Beanie Babies.
Click to expand...

You’re an antivaxxer. Any opinion you have is irrelevant.

But yes, I’ve seen that poster talk about losses.


Sent from my iPhone using SDN mobile
 
Dr. Galazkiewicz said:
Bogleism is another beanie baby craze that will end in tears.
Click to expand...

The "buying index funds" "craze" has been going since the 1970s. And those investments are going into real companies that produce real profits. Could you argue that they are overpriced? Of course. Are they beanie babies? No. That's just stupid.
 
Dr. Galazkiewicz said:
Bogleism is another beanie baby craze that will end in tears.
Click to expand...

You're going to have to explain that one. Oh and the market crashing is not the response.

Everyone knows this market is going to crash horribly but it will return also. I'll take a 50 to 60% crash if it means my final years working will have excellent returns with all the money added.
 
Last edited:
WVUPharm2007 said:
The "buying index funds" "craze" has been going since the 1970s. And those investments are going into real companies that produce real profits. Could you argue that they are overpriced? Of course. Are they beanie babies? No. That's just stupid.
Click to expand...

Oh those aren't real profits. Those financially engineered EPS via debt fueled buybacks. Epic buybacks. It's one thing if a company wants to buy back its stock thru earnings, another if it's floating debt to do it.

It's all about the debt, little chickies. Debt that has piled up for decades on the government and corporate levels rolling over and over at lower interest rates. Personal consumer debt is another beast--student loans, subprime, and real estate again.

When the reckoning arrives the Bogleheads will rue the day they ever bought Vanguard index funds for these stupid ETFs have allowed these companies to get away with murder, impairing their balance sheets to get executive options in the money. What this stupid bogle philosophy has done is make a generation of investors price insensitive.
 
Dr. Galazkiewicz said:
Oh those aren't real profits. Those financially engineered EPS via debt fueled buybacks. Epic buybacks. It's one thing if a company wants to buy back its stock thru earnings, another if it's floating debt to do it.

It's all about the debt, little chickies. Debt that has piled up for decades on the government and corporate levels rolling over and over at lower interest rates. Personal consumer debt is another beast--student loans, subprime, and real estate again.

When the reckoning arrives the Bogleheads will rue the day they ever bought Vanguard index funds for these stupid ETFs have allowed these companies to get away with murder, impairing their balance sheets to get executive options in the money. What this stupid bogle philosophy has done is make a generation of investors price insensitive.
Click to expand...

Ok, so you just don't know what you are talking about. Got it.
 
Dr. Galazkiewicz said:
Oh those aren't real profits. Those financially engineered EPS via debt fueled buybacks. Epic buybacks. It's one thing if a company wants to buy back its stock thru earnings, another if it's floating debt to do it.

It's all about the debt, little chickies. Debt that has piled up for decades on the government and corporate levels rolling over and over at lower interest rates. Personal consumer debt is another beast--student loans, subprime, and real estate again.

When the reckoning arrives the Bogleheads will rue the day they ever bought Vanguard index funds for these stupid ETFs have allowed these companies to get away with murder, impairing their balance sheets to get executive options in the money. What this stupid bogle philosophy has done is make a generation of investors price insensitive.
Click to expand...

I wouldn't respond to this guy, all he does is troll finance topics.

What's your return rate during this bull market? When did you get out? How much did you lose out on during that period?

Like I've already said, everyone knows this market will crash but it will return just like it always does.
 
WVUPharm2007 said:
Ok, so you just don't know what you are talking about. Got it.
Click to expand...

What happens if rates rise? Marketable debt is above 15T now. For a decade the avg rate on that was 2%. Now a big chunk of that debt that was financed at zero % the last decade ( 1 year and under paper) now has to roll over at 2%. Ouch! And massive supply is coming down the pike. And foreign creditors are buying any longer and the central banks want to tighten and boomers are retiring 10K+ per day. Look at what SS/Medicare expense was ten years ago YTD and compare to today. This is just US. There's Europe, Japan , and the prime motiles themselves, China, once safely segregated behind capital controls, but now wants to export inflation to the world after decades of deflation.
 
Dr. Galazkiewicz said:
What happens if rates rise? Marketable debt is above 15T now. For a decade the avg rate on that was 2%. Now a big chunk of that debt that was financed at zero % the last decade ( 1 year and under paper) now has to roll over at 2%. Ouch! And massive supply is coming down the pike. And foreign creditors are buying any longer and the central banks want to tighten and boomers are retiring 10K+ per day. Look at what SS/Medicare expense was ten years ago YTD and compare to today. This is just US. There's Europe, Japan , and the prime motiles themselves, China, once safely segregated behind capital controls, but now wants to export inflation to the world after decades of deflation.
Click to expand...

Inflation would be nice. It would mean real wages actually increased.....

...and you are yet to explain why this means index funds are "beanie babies."
 
WVUPharm2007 said:
Inflation would be nice. It would mean real wages actually increased.....

...and you are yet to explain why this means index funds are "beanie babies."
Click to expand...

I think you mispoke. Inflation might bump wages nominally. In real terms you have to use a proper deflator and that's a whole other kettle of beans to stir.
 
No, I mean that people have more discretionary money (which require an increase in real wages) and that they are spending it...leading to increased demand...leading to increased prices...aka inflation. Inflation won't happen if people aren't spending. No matter what the central banks do to an extent. I'm just saying that it would be nice if people actually had more money. It's one of the lingering problems of the Great Recession, unfortunately.
 
WVUPharm2007 said:
No, I mean that people have more discretionary money (which require an increase in real wages) and that they are spending it...leading to increased demand...leading to increased prices...aka inflation. Inflation won't happen if people aren't spending. No matter what the central banks do to an extent. I'm just saying that it would be nice if people actually had more money. It's one of the lingering problems of the Great Recession, unfortunately.
Click to expand...

I suggest Chris Hamilton's blog Economica. He lays out the structural deflationary headwinds the world faces until 2050. It's bleak. Without central bank balance sheet expansion...
 
Dr. Galazkiewicz said:
I suggest Chris Hamilton's blog Economica. He lays out the structural deflationary headwinds the world faces until 2050. It's bleak. Without central bank balance sheet expansion...
Click to expand...

Chris Hamilton is author of the blogspot ECONOMICA : my funny motto He lives in Oregon with his family, after having worked for Nike and Adidas for nearly 20 years, including expat tours in Taiwan, S. Korea, and Germany. Following the global financial crisis, he had questions about our financial and economic system and found the conventional wisdom offered incomplete and inadequate. After a decade of research and investigation, Chris has made the case for an alternative narrative of what ails the global economy...although the solutions are far more elusive.
Click to expand...

Did a brief Google search. Website is on Blogspot. Has articles on economic tinfoil hat website Seeking Alpha. No signs of formal economics education.

This guy sounds rather dubious.
 
Dr. Galazkiewicz said:
I suggest Chris Hamilton's blog Economica. He lays out the structural deflationary headwinds the world faces until 2050. It's bleak. Without central bank balance sheet expansion...
Click to expand...

So..... Are you going to say how you're investing or not?

I assume it's because you don't want to look even more like a fool.

I just love doomsday people, they are wrong for years then for a short period of time, the market crashes and they proclaim themselves brilliant. So don't post your strategy and continue to lose out.
 
Amphetamine Salts said:
i graduate may 2018

bitcoin has dropped below 8600, i am officially in the red. it's gonna bounce back though. this always happens with bitcoin
Click to expand...

That's what they said about real estate until 2009. Then it changed an entire generations opinion concerning home ownership.
 
Scamming youtubers:




Sent from my iPhone using Tapatalk
 
wagrxm2000 said:
So..... Are you going to say how you're investing or not?

I assume it's because you don't want to look even more like a fool.

I just love doomsday people, they are wrong for years then for a short period of time, the market crashes and they proclaim themselves brilliant. So don't post your strategy and continue to lose out.
Click to expand...

Have you realized gains yet? If not then you haven't made anything. This is the major flaw in Bogleism. It entails riding a bear all the way down, rather than taking some chips off the table and waiting for valuations to normalize.
 
WVUPharm2007 said:
Did a brief Google search. Website is on Blogspot. Has articles on economic tinfoil hat website Seeking Alpha. No signs of formal economics education.

This guy sounds rather dubious.
Click to expand...

So if somebody isn't donning an Ivy League tweed pseudo-intellectual smoking jacket, he's not worth reading?
 
Dr. Galazkiewicz said:
Have you realized gains yet? If not then you haven't made anything. This is the major flaw in Bogleism. It entails riding a bear all the way down, rather than taking some chips off the table and waiting for valuations to normalize.
Click to expand...

Yeah I didn't think you'd tell us. I bet you missed out on the 20% gain last year.

Yes I have in everything outside my retirement accounts. I'm a trader of my left over money.

You do understand how taxes work and there are different 401ks/iras you can use right? You might want to look up what a ROTH is. You also might want to start explaining yourself more because you really don't seem to know what your talking about.
 
Last edited:
Dr. Galazkiewicz said:
So if somebody isn't donning an Ivy League tweed pseudo-intellectual smoking jacket, he's not worth reading?
Click to expand...

Imagine this was a guy with cancer who wants to go get treated by a Shaman in China and then when questioned he goes "So if somebody isn't donning a medical professional's license and in a pseudo-intellectual labcoat, it isn't worth trusting their medical advice?"

That dingbat with his tinfoil blog has no idea WTF he is talking about.
 
I pay taxes up front so I can have complete control of my assets.
wagrxm2000 said:
Yeah I didn't think you'd tell us. I bet you missed out on the 20% gain last year.

Yes I have in everything outside my retirement accounts. I'm a trader of my left over money.

You do understand how taxes work and there are different 401ks/iras you can use right? You might want to look up what a ROTH is. You also might want to start explaining yourself more because you really don't seem to know what your talking about.
Click to expand...

I did miss out. Missed out since 2009, but I will get it back and then some.
WVUPharm2007 said:
Imagine this was a guy with cancer who wants to go get treated by a Shaman in China and then when questioned he goes "So if somebody isn't donning a medical professional's license and in a pseudo-intellectual labcoat, it isn't worth trusting their medical advice?"

That dingbat with his tinfoil blog has no idea WTF he is talking about.
Click to expand...

You sip chardonnay with your pinkie raised?
 
Dr. Galazkiewicz said:
I pay taxes up front so I can have complete control of my assets.


I did miss out. Missed out since 2009, but I will get it back and then some.


You sip chardonnay with your pinkie raised?
Click to expand...

So basically because you didn't trust the boglehead way, you want everyone else to suffer so this time you can get in and enjoy the amazing returns.

Gotcha, you may leave now unless you want to explain how you plan on investing since you have yet to say how.
 
wagrxm2000 said:
So basically because you didn't trust the boglehead way, you want everyone else to suffer so this time you can get in and enjoy the amazing returns.

Gotcha, you may leave now unless you want to explain how you plan on investing since you have yet to say how.
Click to expand...

I'm short.
 
Unchained said:
(1)Do ever post your losses on here? (2)Or do the cryptos you choose always go up? (3)How many of these are outright scams?
Click to expand...

(1) As noted by a more observant participant on this thread, the answer is yes. What's worse, this can be seen on the -same page- as your response. Congratulations, you're the equivalent of that pharmacy student in class who asks a question pertaining to information that was answered/highlighted/ in bold on the last fuggin' slide during lecture.

(2) Lots of the crypto's I'm in are down right now, but that doesn't mean I have to sell them, and if I'm not moving something I don't feel the need to write it down. This market is extremely mobile, and what I'm up on one day could be way down (or more up) the next.

(3) When is Jesus coming back? WtH kinda rhetorical question is that?

Anyone else here feeling like reporting posts that obviously are here to derail the discussion of cryptos (read: people who couldn't be bothered to read the first sentence of the thread)?

Anyways, new target buy-in $550 for Eth or I'll just enjoy the rest of my tax return.
 
Last edited:
guys. i highly recommend whoever is reading this now to buy bitcoin while you can. price is about 8500, this is the perfect time to stock the f**k up. i promise you if you drop a few hundred or even $1k on coin today you're gonna be glad that you did 6 months later, trust me
 
BMBiology said:
Scamming youtubers:




Sent from my iPhone using Tapatalk
Click to expand...


I just can't believe that anyone can watch this video and think gambling on crypto is a great idea. The people who create these are basically telling you that you are getting scammed. These millennials are so cute thinking they're smarter than all the old people and are convinced that they are sticking it to the man. You guys just HODL and it will come right back up. It's guaranteed!!
 
Unchained said:
I just can't believe that anyone can watch this video and think gambling on crypto is a great idea. The people who create these are basically telling you that you are getting scammed. These millennials are so cute thinking they're smarter than all the old people and are convinced that they are sticking it to the man. You guys just HODL and it will come right back up. It's guaranteed!!
Click to expand...
BitConnect was a known ponzi scheme in the cryptocurrency world and reputable members of the community have consistently brought up arguments AGAINST THAT SPECIFIC platform (and outing those YouTube scammers) to prevent people from investing in there for over the past year when it started booming. These voices are the reason BitConnect crashed and evidently ceased to exist.

You are picking ONE scam (yes, there are more, as there is with anything) out of a bunch of reputable forms of cryptocurrencies to fit your argument. Like anything else, these things require some amount of research and the ones bashing cryptocurrency have obviously done minimal background work on the technology and the different forms of them out there. For a bunch of pharmacists I expected at least a half-intellectual argument regardless whether you're in favor of it or not, instead of cherry picking the bad ones (hello bias sample size) to keep belittling/bashing the ones who are in favor of this space with no relevant information behind it. To put it in perspective, you are literally the equivalent to an anti-vaxxer.

This thread is toxic; posters come to fap in here dependent on how the market trends - now that's cute.
 
Amphetamine Salts said:
guys. i highly recommend whoever is reading this now to buy bitcoin while you can. price is about 8500, this is the perfect time to stock the f**k up. i promise you if you drop a few hundred or even $1k on coin today you're gonna be glad that you did 6 months later, trust me
Click to expand...

Powered by hope.


Sent from my iPhone using Tapatalk
 
bitcoin falling at 7.5k but obviously going to raise back up to 10k in time. keep holding
 
I have more faith in the flu shot than I do cryptocurrency. This ish is a pure Ponzi scheme. Keep hodling though cause it will go up. Until it goes down more. But you bought early so you're still up. Haven't we heard this before?
 
You must log in or register to reply here.

Similar threads

P
Walgreens announced more store to close in the UK and US
Replies
4
Views
1K
mentos
mentos
Mr.Smile12
[AJPE] The Role of Biomedical and Pharmaceutical Sciences in Pharmacy Education and Practice
Replies
0
Views
1K
Mr.Smile12
Mr.Smile12
Mr.Smile12
[AACP] AACP Statement on NIH Facilities and Administrative Costs Impact on Colleges and Schools of Pharmacy
Replies
1
Views
845
lord999
lord999
mrjbb
Applying to Pharmacy Schools and Becoming a Licensed Pharmacist with a Criminal Record
Replies
5
Views
1K
mrjbb
mrjbb
Caverject
Local Georgia Pharmacist wants to buy Greenland and rename it….
Replies
0
Views
2K
Caverject
Caverject
Top