English & Afrikaans Forums
Total Topics: 20 781
Total Replies: 222 706
Total Views: 82 044 127
topics: 10 607
replies: 120 943
views: 38 700 424
In this section we advise you, and provide assistance to others on various industry topics.

Bitcoin is going to the moon

replies: 137
views: 3360
page 3 of 3
06 Jul 2018 @ 16:48:50 pm
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

This Bitcoin thing is BIG....
I said it before... Bitcoin is only the “carrot” in front of this crypto cart.

Bitcoin itself actually uses stupid simple technology when we are comparing it to all the other crypto currencies available in the market.

But for the sake of the billions of very simple people in this world, it is just easy enough to refer to one word. BITCOIN - and this is the latest hype word.

Other crypto currencies like Stellar (XLM) will take institutional money into places we can not imagine...

Well done Australia.

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
17 Jul 2018 @ 22:20:19 pm
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

Bitcoin is running like SHAD at Isipingo beach tonight.
This 2018 Q3 & Q4 is looking very exciting, never mind 2019 or 2020.
Well I would have wanted a few more low months just to accumulate a little more.

But Let’s go sunshine... Let’s go...

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
06 Aug 2018 @ 17:58:26 pm
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

So far Bitcoin is behaving like Rhodium in 2008. After going up from $1 000 to nearly $10 000 in 2008 we look 10 years later and it is just moved through the $2 000 level again after a brief period in 2010 that it also went through $2 000.

Lets hope for those who banked on BTC it is not going to be the same 10 years from now. So far we are seeing lower lows being formed after each up tick.

 

Bitcoin over the last 12 months.

 

👍
0
💔
0
😮
0
🙂
0
07 Aug 2018 @ 09:06:50 am
Fred
Saturn Member
100% Profile Strength
Posts: 2143
Joined: 09 Mar 2016
Experience: 51 years

At the moment Bitcoin and similiar entities try to be two things at the same time: currency and a pyramid scheme making huge profits or losses.  I am not familiar with the reasons for creating these, but I would guess it would have been the former.  The excessive fluctuatuation, I think, will continue until such time as people going for the latter reason, leave the schemes because of their inability to profit from it.  Then these entities will become currency which I think will serve a very good purpose. Then you will be able to park a thousand rand and in a year, two or even ten, it will still have the same buying power as opposed to the Rand which will probably have devaluated by a large margin.  And international commerce will be able to be done with certainty.  At the moment, if you negotiate on a price for an article bought from overseas, you probably agree to this is US dollars.  By the time you have to pay for it in say six months time, the value of the Rand might have dropped ten or even twenty percent, which means you have to pay much more that you had bargained for. If you agreed on the other hand, to pay in a stable international currency like Bitcoin, you probably already would have had a lot of your cash in that currency instead of in Rand, as this will surely become the currency of choice for just about everyone, and you will not be caught with your pants down. It is difficult to hold foreign currency at the moment because governments have to protect their national currencies, but with a bona fide international currency, this might not be possible of even desirable from a govermnet's point of view.

Het is beter rijk te leven dan rijk te sterven
👍
0
💔
0
😮
0
🙂
0
10 Aug 2018 @ 17:25:54 pm
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Dis darem maar vrek baie geld wat verloor is sedert die Des/Jan enerme styging van Bitcoin.

Volledige artikel is op www.mybroadband.co.za

👍
0
💔
0
😮
0
🙂
1
10 Aug 2018 @ 20:31:51 pm
HM
Neptune Member
85% Profile Strength
Posts: 3535
Joined: 06 Jan 2009
Experience: 46 years

Looks like bad news for investors in Bitcoin??

 

The Happy Campers.
👍
0
💔
0
😮
0
🙂
0
11 Aug 2018 @ 13:13:17 pm
Brommer
Pluto Member
77% Profile Strength
Posts: 4809
Joined: 13 Sep 2013
Experience: 29 years

Ja wel iemand het wel geld gemaak ;-) Daar is altyd, MAAR ALTYD, IEMAND WAT WEN, EN IEMAND WAT VERLOOR.. DIs skaal is daar en hy doen sy ding.. Jy kan nie GELD MAAK en IEMAND ANDERS VERLOOR NIKS... IEMAND WEN GROOT, EN IEMAND VERLOOR GROOT


👍
0
💔
0
😮
0
🙂
0
11 Aug 2018 @ 19:33:54 pm
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

When it is down you buy, when it is up you sell.   Simple. 

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
11 Aug 2018 @ 19:48:15 pm
Leon
Luhman 16 Member
96% Profile Strength
Posts: 13034
Joined: 12 Jun 2007
Experience: 55 years

I don't have money to play with non stop. When I do I use it to go camping (Priceless)

Sonder Jesus is ek niks! ! ! !
👍
0
💔
0
😮
0
🙂
0
11 Aug 2018 @ 21:23:27 pm
HM
Neptune Member
85% Profile Strength
Posts: 3535
Joined: 06 Jan 2009
Experience: 46 years

When it is down you buy, when it is up you sell.   Simple. 

One will have to hold on to those coins for quite a while to make a sizeable profit. But then, when you are young you can take risk and recover from losses. 

The Happy Campers.
👍
0
💔
0
😮
0
🙂
0
12 Aug 2018 @ 08:01:28 am
Fred
Saturn Member
100% Profile Strength
Posts: 2143
Joined: 09 Mar 2016
Experience: 51 years

When it is down you buy, when it is up you sell. Simple.  The problem, like with shares, is, there is no indication when they have reaches a lowest point nor when they reach a highest point. It is just a guess, lucky for half, unlucky for the other half.  Not so simple!  If it was, nobody would have made any profit not suffered any losses.  The price would have stayed constant.

Het is beter rijk te leven dan rijk te sterven
👍
0
💔
0
😮
0
🙂
0
22 Aug 2018 @ 23:15:02 pm
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

When you in doubt, don't get involved in any investments.  But when you sure that it provides a real world use case, then buy extra shares, try buy a lot extra. 

Always try and buy shares during each dip, you can simply download the Coinmarketcap.com APP to track the various cycles.

I personally have not been able to always buy down at the dip.  In fact, I bought some BTC at $20k in December 2017 and i am still not fussed about it at all. 

Dollar cost averaging is my friend and we are so early that by 2020 this little mis judgment will be laughable in the end. 

All the 2010 to 2017 investors are regarded as "fringe investors" or known as those who got in long before the "early adopters".  Early Adopters are those who only get in between 2018 and 2020 or so.

After this comes mass adoption, when the rest of the world partakes in a technology they cannot do without. This is similar to how email replaced letters that had to be posted at a place called a post office, when last did you visit one if those things?

Kids today will probably never ever post a letter ever again as their main form of communication between their own friends. 

Similarly in the future, they will not pay with actual cash or even go into an actual bank itself, just like they don't visit a post office to send mail these days.  All transactions will be done via a digital currency and directly from their own cell phone.

Sovereign National currencies are all going to collapse in the coming years, mark these  words.... from the example of the Zimbabwe Dollar to the recent examples happening in Turkey, Venezuela and Argentina.   

Like it or not but the South Africa Rand and even the much latter on, the US Dollar will be gone one day.

I am 45 years old and lived through the creation and introduction of the personal computer and later enjoyed the internet boom of the 1990's and then watched how smart phones replaced fixed line telephones and now smart phones are even replacing the actual TV. 

Soon your smart phone will also become your own bank account and replace your actual bank you currently bank with, just like the post office has been replaced.

Here is a little video that I watched tonight...  it came out today actually.

I thought someone else might find it interesting, it's a bit boring in the beginning, but it quickly talks about various patents lodged by massive corporations including the NYSE and Rothschilds that forms a platform for a solid new financial system. 

Hopefully this provides some information about how the richest people in the world have already invested in this new financial system.  It should provide some light on just how early we are still here in this new financial system that is currently being created around us.

If anything, tell you kids or grandchildren to learn and understand this new financial technology.  Creating a career for them within this sector seems very promising I would presume. 

Afterall, this is the new Financial System and learning anything financial can only benefit them.

XRP will be replacing the current inter-bank  cross border payment system, we know this system currently as SWIFT. 

This SWIFT system has been around for over 40 years and it is completely out of date, expensive to maintain and has too many intermediaries (hands handling the actual transactions). 

This new XRP system is what most major banks worldwide have now already adopted and it will launch during Q4 2018. 

It will provide instant transactions in transferring funds from one country to another.  The current SWIFT system can take up to 5 to 10 days, but 3 days is the norm depending on the country and if you lucky. 

XRP transfers will be as quick as sending an email from South Africa to UK for example, but instead of an email it will be funds being sent directly to the person you wish to send money to, just like sending an email.

 

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
23 Sep 2018 @ 00:35:39 am
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

I really respect Mike Maloney.

I have been following this man for years now and have learnt so much from him. 

I hope you find something interesting in this interview. 

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
23 Sep 2018 @ 08:28:27 am
Fred
Saturn Member
100% Profile Strength
Posts: 2143
Joined: 09 Mar 2016
Experience: 51 years

My point still is that Bitcoin is either an international monetary unit or a piramid scheme. It cannot be both at the same time. At the moment it is the latter and while being thus some people will make money and some will loose it but nobody will regard it as as valuta. A piramid scheme depends on more and more people investing allowing the first-ins to take money away from the johnny-come-latelies. There is no magic money that appears from thin air.  What one gains is what another looses. These dry up eventually and then the scheme collapses.

To be an internationally accepted monetary unit, it needs to keep stable.  Until such time only people hoping to make a buck will be interested.  Once or if it becomes stable, such people, like you Gonny, will no longer be interested to the same degree but you will probably still use it for the stability- which it does not have now- it gives to your nest egg.  At the moment you are investing money you can afford to loose but hope to increase, not your total liquid asset, as you crtainly do not want to take a chance of loosing this.  Once it becomes stable on the other hand, it would be wise to do this rather than keeping it in Rand or whatever which in our case, is inclined to loose value.  I do hope this will happen as it would be to the benefit of all mankind.

You clearly are an intelligent person hoping for the magic ride to continue but who knows it will not, so I am sure you know what I have said is true.  I do not begrudge you trying to make a buck- we all do, but eventually this is opportunity is going to dry up and I hope this is not before you retrieve your losses.

And with this I am ending by unpopular lectures on crypto currency.

Het is beter rijk te leven dan rijk te sterven
👍
0
💔
0
😮
0
🙂
0
23 Sep 2018 @ 10:28:22 am
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

Thanks Fred I appreciate your reply and point of view on this topic.

I sometimes don't know if anyone is actually following or understanding this crazy topic.

But as long as I share my knowledge I feel complete. 

Please note: When I refer to Bitcoin, I am generally talking about all cryptocurrencies.  Bitcoin is but the carrot in front of this crypto cart and many (not all) cryptocurrencies are about to be regarded as a new ASSET CLASS.

Our world has not see a new asset class since the invention of the stock exchange and/or Government Bonds etc...  that's well over 100 years ago, so this is the main reason so many people just can't understand this new monetary system. 

The Elite took out Gadaffi, Sudam Hussein and anyone else who challenged their monetary system.   The question should be why are the Elite supporting this new money system... or rather why have they not tried to shut it down.

Perhaps is it time for them to hide or transfer their own wealth into a new system they created where no one can confiscate their wealth?

Yes Fred, Bitcoin is an International monetary unit.

All Cryptocurrencies are currently down at the moment, only because "Market Makers" are currently driving the price down as they buy more each month. 

Market Makers are investors who place their buy orders below the current market value, essentially driving the price down while weak hands sell out.

Once all weak hands have been flushed out the system leaving only experienced investors or investors who understand and believe in the new economy. Then only will the price increase or even stabilize again. 

This is going to take many years of volatility perhaps10 or 15 year of volatility only because most people are stupid, most people are weak and so many people are slow to fully adopt and adjust. 

Apparently Bitcoin found the bottom between $5700 and $6300 in this 2018 downturn cycle and the market has very little weak hands left to flush out.

Perfect timing... because apparently or rather with high probability during October 2018 the Chicago Board Option Exchange (a massive Stock Exchange in USA) and many other Exchanges will open Bitcoin and other cryptocurrencies as a new ASSET CLASS for their customers to invest in. 

This is NOT how a PYRAMID SCHEME gets launched.. small time scammers play with pyramid schemes...

Stock Exchanges play with ASSET CLASSES and Bitcoin and a few other cryptocurrencies are soon going to be listed for sale by them. 

Once this opens on exchanges around the world... then only can things like Eskom Pension Schemes and other big investment schemes legally invest or access this new Asset Class and cryptocurrency market. 

This will bring Trillions to this market and I think it will look good for those who invested early. 

I hope this helps someone further understand this crazy topic...

Have a great Sunday. 

 

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
23 Sep 2018 @ 21:24:33 pm
Chris Boucher
Moon Member
100% Profile Strength
Posts: 702
Joined: 30 Apr 2015
Experience: 33 years

I know nothing about Bitcoin or other crypto currencies. And I do not want to learn about such things at my age. I hope those who invested in it will eventually get at least get their investment back - but even better, I wish them fortunes to be made. Call me a 'banggat', but I will rather stick to the investment tools familiar to me - and hope I will not feel like kicking my own 'banggat' in future.

👍
0
💔
0
😮
0
🙂
0
23 Sep 2018 @ 23:32:57 pm
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Like Chris says = "banggat" Normally statements like these below lure people into buying something to make a lot of money. Me I will wish holders good luck as they wait for BTC to go up from $6 600 to $500 000

Turning $1 000 into $220 000 is making serious money.

👍
0
💔
0
😮
0
🙂
0
02 Oct 2018 @ 16:17:53 pm
Fred
Saturn Member
100% Profile Strength
Posts: 2143
Joined: 09 Mar 2016
Experience: 51 years

Perhaps the new trend of Stablecoins will eventually become an international currency of value as opposed to the present yoyo schemes.  Obviously it will not appeal to people out to make a quick buck off other investers, but it might get nearer the stablility needed for a unit to be accepted as real currency.  Let's watch and learn.ablecoins

Het is beter rijk te leven dan rijk te sterven
👍
0
💔
0
😮
0
🙂
0
02 Nov 2018 @ 22:49:24 pm
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

I provide this latest video from the Texas Bitcoin Conference held on 27 October 2018.

It provides information about some of the biggest companies in the world getting very serious about Bitcoin and how they have already positioned themselves during 2018 getting ready for 2019 and beyond.

Information covered includes, Fidelity Investments (the 4th largest Asset Manager) now offers crypto investment services to its high profile clients, Apple Inc. co-finds a new crypto currency firm, Amazon Web Services partners with QTUM, Alibaba and IBM has the most Block-chain patents in the world, IBM partners with Stellar Lumens, Yale University in USA invests $400 Million into a crypto fund, Twitter thinks Bitcoin is the currency of the future, Richard Branson of Virgin says Bitcoin and Block-chain is an economic revolution, Goldman Sachs introduces a crypto finance company and the owner of the New York Stock Exchange is launching a Bitcoin Exchange.

I hope you find this information interesting and I hope it makes at least one of you wealthy in the end. I know this technology thing is a little bit crazy, but I will forward you this information a little bit at a time to help you better understand this new financial system.

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
02 Nov 2018 @ 23:05:59 pm
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

Like Chris says = "banggat" Normally statements like these below lure people into buying something to make a lot of money. Me I will wish holders good luck as they wait for BTC to go up from $6 600 to $500 000

Turning $1 000 into $220 000 is making serious money.

Well he has 7 years of experience in this industry, more than what all of us have here combined.

If you smart you may just take some of this information seriously. If companies as large as Amazon and Apple or even big banks like Goldman Sachs takes this Bitcoin thing seriously, well then so will I.

I wish I has someone telling me to invest in Amazon or Google back in 2000.

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
03 Nov 2018 @ 07:59:13 am
Fred
Saturn Member
100% Profile Strength
Posts: 2143
Joined: 09 Mar 2016
Experience: 51 years

As long as the intention is to make money out of Bitcoin, it remains a piramid scheme.  When the price stablelises, which I think is a definite possibility, it will become an international currency which will ensure your asset keeps its value.  I don't thing too much credence should be put on statements like turning R1000 into R220,000.  Value does not just appear from thin air.  If someone gains, another poor bugger looses and people willing to invest and loose will in time become less and less until such time they disappear and crypto will become stable.

Het is beter rijk te leven dan rijk te sterven
👍
0
💔
0
😮
0
🙂
0
17 Nov 2018 @ 11:12:13 am
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Ooch!!!!! Not a time to be buying more if you ask me.

 

👍
0
💔
0
😮
0
🙂
0
25 Nov 2018 @ 11:52:59 am
CaravanParks.com
Administrator
100% Profile Strength
Posts: 2593
Joined: 01 Jan 1999
Experience: 46 years

Discounted prices at the moment, especially for those who have been Dollar Cost Averaging like I have over the last many months.  For those who got in at a higher price, learn how to Dollar Cost Average.

I will be buying more Bitcoin (BTC) at these massively discounted prices, this would ultimately increase my Satoshi Value in the end.

Bitcoin “retains” or “holds” the actual Satoshi value even when it is going down against the Rand or Dollar. All the other crypto currencies can massively increase or decrease your Satoshi values when trading them against Bitcoin. Bitcoin is the base Satoshi Value and once you wrap your head around this new medium of value called “Satoshi”, then things will get easier to fully understand.

This is not financial advice and Crypto currencies are very different to the traditional markets.

Traditional markets are pegged against the Rand or Dollar per share price.

Crypto Currencies are pegged against the Satoshi Value and not really the Dollar or Rand Value when looking towards the future. This will only become apparent to everyone when the Rand ends up like the Zimbabwean Dollar or Venezuelan Bolivar.

This current dip provides us the ability to massively increase our Satoshi Value, especially while the Rand is “relatively strong” compared to what is potentially happening to the Rand in the future.

No one should be thinking about exiting or selling any BTC at the moment, unless you are shorting the market. So looking at the Rand value now is actually misleading. BTC it has obviously not matured yet. We should be thinking about entering into the BTC market and accumulate as many Satoshi’s as possible at these lows. Only weak hands will sell now.

We should be learning and then keeping track of the Bitcoin world adoption “S-curve chart” - Google it, this is a massively important chart.

Currencies around the world will fail over time due to their pending hyper inflation and lack of good governance and the World Banks ultimate plan. Buying BTC before our sovereign currency fails is obviously our primary plan here. South Africa is somewhat... OK, compared to other countries – LOL. But you should do your own research about the state of our Rand and what the ultimate goal is for everyone to have this future one world currency called Bitcoin.

If you think you are going to buy BTC today and be rich tomorrow, then you missing the point completely here. My first point of profit taking is only in 2022 or so and then again in 2025 and then in 2030 I provide money for my kids. ONLY when they are old enough to know the value of money.

The Retail Market (the me and you – people) panic sell at the bottom and The Institutional Market (those big Fund Managers) are buying up all the panic selling at this very moment. Cleaver money stays in and accumulates more and more, especially when the price are lower than our previous purchase price.

I admit, I wish I only started accumulating BTC as from TODAY, instead of mid last year. But what I have learnt over the last many months is actually invaluable to me now, so I guess it has a balance somehow. You get to read something in a few minutes that took me months to understand and passing this information on to you gives me pleasure, otherwise why do I actually bother taking five days typing this long response to all of you on these CaravanParks.com Forums.

Bitcoin, Ripple, Ethereum, Stellar Lumens and Lite Coin are going to be some of the bigger players in the end as far as I understand. Once you understand Bitcoin a little better, then only perhaps invest in some of these in the near future. - Remember these other ALT-Coins can massively increase or decrease your Satoshi Values, it is only Bitcoin that holds the actual Satoshi Base Value and all these other coins fluctuate against Bitcoin. Similar to how all currencies fluctuate against the Dollar today.

Each Crypto Currency provides different use cases. As far as I understand and you need to do your own research here.... The United Nations likes LiteCoin LTC as thier primary means of exchange between people, while Stellar Lumens XLM that is backed by IBM seems to be the Business to Business means of exchange, with Ethereum ETH doing the same thing as Stellar but backed by an alliance of companies. Ripple XRP seems to be the means of exchange for cross-border Bank to Bank transfers essentially replacing the 40 year old international SWIFT system. Bitcoin is your new GOLD Standard and becomes your “Store of Value” in Satoshis.

The object of this game is to increase your Satoshi Levels and/or Values. The beauty of this new financial system is that this new Bitcoin world currency inflates in value as more adoption takes place, while our current monetary system is fast losing its value. Think about the Gold Rush, now think of BTC being the new Digital Gold and LTC being the new Digital Silver.

It is said by financial experts that this world can never be placed back onto the old Gold Standard (prior to 1971/72 when President Nixon removed the Gold Standard). Some say the reason is because China holds far too much Gold and the USA can not accept that fact, others say it is way beyond that time period and this Digital World is far too exciting for the youngsters than that stupid Gold you have to store in a safe at home.... ask yourself this, how many youngsters have a safe or even access to Gold or Silver, then ask yourself how many of them have a SMART PHONE...

Your Rands in your pocket will as far as I understand one day be similar to the Zimbabwean Dollar. By this time Bitcoin would have massively out preformed the Rand along with so many other sovereign currencies around the world. YOU ARE STILL EARLY.

The Traditional Stock Markets have recently fallen for a reason, Apple, Face Book, Google, etc.

The rumour has it that these stocks are down because they have pulled their money out of these traditional markets to invest into the crypto currency space. Obviously, they are also investing into the Silver and Gold market. Silver is looking attractive recently (because it is also down, just like BTC). Silver is setting itself up for a rally soon, due to a silver shortage in the market, only because so many high end electronic components are made from silver, and they are used to help feed this new 4th Industrial Revolution.

"Find a job you love, then you will never have to work again!"
The CaravanParks.com Team
👍
0
💔
0
😮
0
🙂
0
25 Nov 2018 @ 13:51:38 pm
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

As much as I agree when investing in an asset that has merrit it is good using cost averaging. A golden rule is also to protect your capital as any investment can turn against you. The longer you wait the more painful it is.

The alternative for BTC is ETH. If we look at the graph below where it lost 90% of its value since the peak it shows there is no support for it. Down from $1400 to $114. A good clue it always when there is fear and normal assets drop. In such cases one will find when markets or currencies move down money moves into some other store of wealth. The problem with crypto is one can see they don't perform that function. They actually drop more and that is a danger sign.

I do know you follow the advice and reasons why to keep on buying. We had the same thing years ago about gold that should with reasons given go beyond $3000. Most probably never in decades will that happen. This seems to be still the view of your mentors. They could be right - only time will tell.

Further the actual price of silver and gold have not even moved up in 5 years. Thus al 3 assets have lost there shine if I look as the price movements.

👍
0
💔
0
😮
0
🙂
0
25 Nov 2018 @ 14:24:35 pm
Chris Boucher
Moon Member
100% Profile Strength
Posts: 702
Joined: 30 Apr 2015
Experience: 33 years

Danie - Ek weet dit is aanhalings wat jy hierbo aanhaal. En daaruit kan ek aflei wat jou sentimente is. Ek kan maar net sê dat ek 100% saamstem - veral die Classic Trading Rules wat jy hierbo noem. Vir die Bitcoin-aanhangers se onthalwe, wens ek hulle toe dat hul verwagtinge eendag sal realiseer. Maar o donkie - ek is skepties dat dit gaan gebeur. Ek hoop vir hulle onthalwe dat ek verkeerd is. Maar self sal ek op hierdie stadium nie met (die spreekwoordelike) tang oor 'n telefoondraad aan kripto-geldeenhede raak nie. Ek het te moeilik aan my paar sente op belegging gewerk.

👍
0
💔
0
😮
0
🙂
0
25 Nov 2018 @ 19:54:17 pm
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Chris ek dink almal soek iets wat geld maak. Na jare van my eie lang termyn fondse bestuur lees ek baie hieroor. As mens kyk na dag handelaars wat opleiding gee in verhandeling en hul wil nie aan crypto vat dan is dit veiliger om nie ingetrek te word op beloftes en voorspellings. Diversifisering help baie en dit pas ek toe. Ja ek "cost average" myself en koop nou juis by in lokale en $ fondse met die sterker Rand.

Een v d goue reëls bly om in iets te belê wat vir jou 'n verhhogde inkomste lewer en nie net prys stygings nie. Dus dan waar crypto gly.

Solank mens weet dis naby aan dobbel met groot risiko. 

👍
0
💔
0
😮
0
🙂
0
06 Dec 2018 @ 11:56:24 am
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Not happy reading for some?

https://mybroadband.co.za/news/cryptocurrency/288618-bitcoin-falls-as-indicators-point-to-more-pain-in-2019.html

👍
0
💔
0
😮
0
🙂
0
08 Dec 2018 @ 14:21:00 pm
Fred
Saturn Member
100% Profile Strength
Posts: 2143
Joined: 09 Mar 2016
Experience: 51 years

Miskien, net  miskien,  is ons nou uiteindelik met crypto waar dit goeie werk kan doen, naamlik as internasionale geld-eenheid.  Dit lyk of dit sy karakter van piramieskema afskud. Baie mense het in die proses baie geld verloor en ek is jammer vir hulle, maar hulle moes verwag het dat iets wat alle eienskappe van 'n piramideskema is, niks anders kan wees nie.  Daar sal egter 'n klein aantal mense wees wat die geld wat die massas verloor het, gewen het.  Jy kry hulle oral  en in sommige gevalle pak die Reg hulle aan, maar ek dink nie dit gaan in hierdie geval gebeur nie.  Nou sal ons maar net moet wag om te sien of crypto werklik 'n geldeenheid gaan word.  Met die skokke wat opgedoen het, dink ek daar is 'n minder as 50%  kans hiervoor, en dat hulle gaan verdwyn, maar miskien is ek verkeerd- sal maar moet wag en sien.  Ek sien dis nou al $3400.

Het is beter rijk te leven dan rijk te sterven
👍
0
💔
0
😮
0
🙂
0
08 Dec 2018 @ 17:46:41 pm
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Ek gaan nou die dag terug waar een v d sogenaamde plekke wat transaksies aanbied te kenne gee hy WEET Bitcoin sal nog baie styg. Dit was 4 maande terug op $6200.

Nou op $3 439.

Fred ek dink Bitcoin kan werk maar nie waar mens dit skep uit niks en daar nie 'n bate agter die waarde is nie. 

Maar ja een v d wêreld se grootste banke het ook toe dit opskiet na $18 000 gesê hul glo dit sal aanhou styg tot $100 000 voor dit terug trek. Dis hoekom voorspellings nie as maatstaf gebruik kan word nie. 

👍
0
💔
0
😮
0
🙂
0
14 Dec 2018 @ 16:40:21 pm
Fred
Saturn Member
100% Profile Strength
Posts: 2143
Joined: 09 Mar 2016
Experience: 51 years

Bitcoin het intussen nog $100 gedaal. Is dit nou die einde van hierdie virtuele geldeenhede of gaan dit stabiliseer en algemene aanvaarbaarheid bereik en dan 'n werklike bruikbare geldeenheid word??  Dis maar retoriese vrae want ek glo nie enigiemand het die antwoord nie.  Mense wat betrokke is, wil graag hê dit moet bly voortbestaan en hopelik waarde vermeerder.  Ek sien daar word ook nou pogings aangewend om van bekendes se reputasaie gebruik te maak om beleggers te probeer lok.  'n Mens kan wel redeneer dat dit nou op sy laagste is en dus 'n goeie belegging kan wees, maar sênou dit styg nie weer nie en stort heeltemal in duie?  Ek vermoed persoonlik bitter min beleggers gaan op die oomblik so dapper weer om nuwe geld hierop te waag.  As bitcoin en kie wel bly voortbestaan, dink ek dit sal nie weer dramaties styg nie en dan sal ernstige beleggers dalk begin om hulle geld daarin te parkeer met die oog op groter stabiliteit as tradisionele geldeenheide.  Begin dit egter weer wipplank ry, gaan dit sulke mense se belangstelling verloor en sommige mense gaan hulle vingers verbrand terwyl ander weer 'n vinnige bok gaan maak. 

As jy 'n buitestaander is soos ek en Danie, is dit 'n baie interessante proses om dop te hou.  As jy reeds hierin belê het, is dit benoude tye.  My simpatie met sulke mense.

Het is beter rijk te leven dan rijk te sterven
👍
0
💔
0
😮
0
🙂
0
14 Dec 2018 @ 21:32:49 pm
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Fred ja ons moet eers sien waar is die laagtepunt maar net soos alle nuwe dinge wat meeste mense gaande maak wil mens stabiliteit sien en dis nog nie waarneembaar nie. Sou mens sien dat die 200 dag bewegende gemiddelde oorgesteek word mag dit lang termyn beleggers kennis laat neem.

Ek verneem dat Samsung gaan ook 'n Crypto toep op hul fone laai wat aandui dat die aanvraag daar is. Crypto glo ek is hier om te bly.

Die prysbeweging is net soos die internet in sy begin stadium toe almal hul aandele moes koop en ons die groot val gesien na die paraboliese styging. Dis altyd die gevaar teken dat 'n "crash" dalk naby kan wees. Dis egter jammer dat soveel mense ingetrek word in iets wat mens net MOET koop tydens die paraboliese styging en dan die pyn wat volg.

Bitcoin amper $200 af in die afgelope week.

👍
0
💔
0
😮
0
🙂
0
5 days ago @ 09:08:03 am
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Gonnie it is great to see with the strategy you were using over time that by believing in BTC and being patient it is turning out very well for you. From the most recent low of about $3300 in Jan 2019 up to the current $11500. Still below the spike of Dec 2017.

👍
0
💔
0
😮
0
🙂
0
5 days ago @ 14:10:26 pm
Fred
Saturn Member
100% Profile Strength
Posts: 2143
Joined: 09 Mar 2016
Experience: 51 years

As ek Bitcoins gehad het, het ek nou uitgeklim voor dit weer in sy kanon in val, wat hy heel moontlik weer gaan doen.  Kan jy jou Bitcoins vir kontant inruil?

Het is beter rijk te leven dan rijk te sterven
👍
0
💔
0
😮
0
🙂
0
5 days ago @ 16:52:08 pm
Danie-SLK
Neptune Member
92% Profile Strength
Posts: 3960
Joined: 08 Sep 2009
Experience: 42 years

Fred ja mens dit verkoop soos enige ander geldeenheid of aandeel. Dan kom als net terug in jou $ of lokale rekening. As dit egter reeds in 'n $ rekening gehou word en vandaar af bedryf word dan sal mens dit buite die land wil hou.

👍
0
💔
0
😮
0
🙂
0
5 days ago @ 17:01:58 pm
HM
Neptune Member
85% Profile Strength
Posts: 3535
Joined: 06 Jan 2009
Experience: 46 years

Ek het gesien op die Sars werkblad dat inkomste uit Bitcoin verklaar moet word. 

Wonder hoeveel van die opbrengs is belastingvry?

The Happy Campers.
👍
0
💔
0
😮
0
🙂
0
page 3 of 3
Reply to Topic
Anonymous
Sign In Required
View First