Who's going in on CryptoCurrencies? XRP - Bitcoin

CCarter

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"Some of them even have working websites..." LOLz

No but seriously now: "The Greater Fool Theory"

And don't think I am not paying attention - CCarter was AGAIN the first person to talk about something then someone turns around ands re-states it at their OWN idea, wtf.

Today's case: FedNow - the Federal reserve - the #1 center bank in the world, is coming out with a solution that bypasses banks and all this crypto-crap WITHIN THIS THREAD, a month later the "XRP Expert" is quoting "central banks are coming out with their own digital currency" - WHAT?

What's so ironic about that quote is it directly states “Not only you don’t need crypto, you don’t even need Venmo. You don’t even need a bank account. You don’t even need a check.” (Direct link: https://www.buildersociety.com/thre...currencies-xrp-bitcoin.5018/page-8#post-56340)

What? What in god's name is going on here? How about you follow the logic of YOUR OWN QUOTES!

Anyways, let's get down to business:


"Cryptocurrencies basically have no value and they don't produce anything," he told CNBC's Becky Quick in a 'Squawk Box' interview. "In terms of value: zero."
"I don't have any cryptocurrency and I never will," added Buffett, who was interviewed two days after he released his annual shareholder letter.
Buffett has been a long-time critic of the world's largest digital coin. He called bitcoin "probably rat poison squared," ahead of the 2018 Berkshire Hathaway annual shareholder meeting. A "mirage," "not a currency," and "tulips" are among the descriptors Buffett has used for bitcoin, according to CNBC's Warren Buffett Archive.

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Berkshire Vice Chairman Charlie Munger has called it a "turd," and said that trading cryptocurrencies is "just dementia."​

Source: Warren Buffett: Cryptocurrency 'has no value' – 'I don't own any and never will'

"If you wanna gamble somebody else will come along and pay more money tomorrow, that's one kind of game," Buffett told Yahoo Finance in 2018. "That is not investing."

Another source: 4 Reasons Warren Buffett Can't Stomach Bitcoin

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More in-depth:


"Rat Poison Squared" - Warren Buffett.

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"Anti-social", "Stupid", "Immoral"

"Bitcoin is almost as bad as trading baby brains. What! How have I never seen this interview before. "Combination of dementia"

"There are some thing beneath you that you just don't do, and this is one"

"So it's more expensive rat poison"

These are actual quotes from Warren Buffet and Charlie Munger. They have NEVER reversed these quotes or their position on buttcoin or Cryptocurrency.

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If you people stopped for half a second to look at what is actually coming out of Warren Buffett's mouth instead of your Wordpress default themed "buttcoin news-site/blog" you would realize Warren has been saying the same thing. He brought up a great point how the only way you can value buttcoin is by hoping some other idiot buys it when you sell it at some point. At least with stocks you have dividend payouts, can control corporations and governances when you control enough shares.

A Japanese monk coder in a cave created buttcoin... Are you people stupid? The Japanese monk in a cave story is from Miyamoto Musashi - the greatest swordsman who ever lived. He lived his last years of his life in a cave where he wrote "Go Rin No Sho" (The Book of Five Rings).

ALL you have to do is go to the search within BuilderSociety.com and type in "Miyamoto Musashi" in the search - scroll and see who is the one person quoting that guy the most on this forum... Fuck.

If you guys really think you guys are going to become millionaires, billionaires, and trillionaires by "investing" in something that a vaping CBD oil digital gangster who was pushing Forex, an MLM, or some e-cigarette vaping products last year recommends to you, come on guys.

You guys want success, but want easy success, you want to bypass the "hard work" part of becoming wealthy. You don't want to hear that Elon Musk sleeps at his office and works 18-24 hours days. You don't want to hear how all the people that actually create real serious wealth spend years away from their families. I'm not in the office on Saturdays and Sundays and Holidays coding on SERPWoo just because. I know that to take anything to the next level will require a ton of work, sacrifice with a ton of ups and downs in the road towards success.

But most of you want to skip the sacrifice part.

It's a game of musical chairs, it'll go up, and hopefully you sell before it drops - but how do YOU know when the top is?

Let's say you want to build muscle - is there any serious way to build muscle without lifting heavy weights and eating? No. But some magic pill comes along and magically you are going to build muscles without tearing them down and eating protein to replace the muscle? HOW? What in the world is your new "muscle" going to be made out of then? No magic pill is going to have you gaining muscles without putting work in at the gym and in the kitchen.

Same with losing weight - increase energy expended and reduce calories, THAT IS IT! But then a magic pill comes around and - people are buying it but people are also stupid. In the scenarios with the muscle building pill popper and the weight loss pill solution it's the same thing, they want it "easy", no sacrifice, just the end results. Exact same thing happening with this buttcoin euphoria.

At the end of the day, no matter what you do, if you want something you have to make sacrifices for that thing.

If you want to build muscle you have to lift heavy heavy weights, not for 3 sets but 20 sets, then eat a ton of protein and carbs to repair the muscles - daily, PERIOD.

If you want to lose weight you have to reduce your calorie intake and increase the energy your body expends.

If you want serious wealth you'll have to work harder, smarter, and put in more work than the competition.

These are all things you guys know inherently and instinctively. Deep down you know these truths.

You can play your game of musical chairs, but how do YOU know when the music will stop spinning? Cause at the end of the day if you don't cash out before the next idiot comes along you'll be stuck holding the turd bag.

And don't let these vaping CBD digital gangsters fool you anymore, Warren Buffett and Charlie Munger are Anti-Cryptocurrency PERIOD. You can't dispute the fucking videos guys. It's from their own mouths.

Unless you see a direct video of this reversal in an interview with a respectable news station or respectable individuals DO NOT BELIEVE THESE CBD oil pushing digital gangsters!

There is literally video of Warren Buffett stating his position! I have a feeling he hates it more than I do since every dumbass reporter that interviews him bring this crap up.
 

EyesExist

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You're posting old videos to support your outdated statements

Some of these people have come out since and recanted their statement.

Especially since Covid19

Warren invested in BOA after they published some info about getting into Cryptos as well. You think he ws unaware of this? And either way.. Buffet's no longer the leading earner in the world b/c he is outdated.

He also didn't believe in Amazon...... Also failed on Elon Musk/Tesla................... OOOOF

@CCarter ............ you're out of touch on this stuff. No offense but you're basically selling ideas that are comparable to 'This AOL CD with internet is the greatest thing ever ... dont believe in these cable models and hi-power wifi... they aren't real. Look at this long boring video from 1997 I found explaining how what's happening today can't be happening, sayinjg the internet can never be this fast"

Governments for major countries and even Banks are having to deal with Cryptos because of demand and amount of use already happening........ and you think your idea somehow supercedes what they've found in real-time, denying the coins 'usefulness'

Keep writing.......................... this post is MONTHS old and the only thing every person who's come to me about this post, since it's start, has............................. MADE REAL MONEY off the coins. While you're still in denial months later.


Tell me how that AOL CD works out buddy.
 
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CCarter

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But you are the one bringing up Buffet...

It's no coincidence that Warren Buffet did his investment into Banks after they announced they were aligned with XRP .

If he's old news and not relevant why do you keep bringing him up?

All the central banks are going AROUND cryptocurrency - you seem to be denying YOUR OWN QUOTES, you quoted what I'm rebutting:

“Not only you don’t need crypto, you don’t even need Venmo. You don’t even need a bank account. You don’t even need a check.”

Do you not see YOUR quote of "don't need crypto"?

Everything I post is a rebuttal to your posts that are inferring that Buffet is in crypto and the central banks are using crypto. I only post rebuttals. BUT NOW that I have posted actually videos all of a sudden "Buffet is irrelevant." Like I stated before as long as people don't believe "Buffet is in crypto" I'm good.

And when you bring him up again cause you seem forgetful, I'm going to re-post about it again, since he has NEVER taken back his stances against buttcoin.
 

EyesExist

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I hear you. Go ahead and invest in the bank in the Bahams then, who have the "Sand Dollars' waiting

Cryptos are here to stay long enough to make a lot of money. A LOT .

You think Paypal's CEO just made that announcement missing what banks are doing?

Just relax. Enjoy the now and stop living in your head, in the future TOO FAR.

Crytpos has how many years now? You think that money will just Vanish?
 

EyesExist

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US Gov't official says Gov't needs to rally businesses to use cryptos and do more mining in the US. He fear China is getting too far ahead to catch up.

Ratcliffe is said to have raised the fact that over half of the global cryptocurrency mining power is based in China, and that the People's Bank of China is already developing its national digital currency.

news - https://www.coindesk.com/us-intelli...-with-sec-over-chinas-crypto-dominance-report

When the bombshell news drops here during the holidays.. just remember you heard the prediction here on BuSo first when you tell all your stories of "I shoudla/woulda coulda"


Paypal's def coming to an end soon. Mark my words... FinTech is definitely a big honeypot waiting for the right bear to come in and devour a huge market . They are suspending peopel for doing crypto trading after allowing people options to do so

I could see ELon Musk popping out with something in FinTech soon to close the gap on Bezos but this is super fantasy thinking

According to U.S.-based Reddit user TheCoolDoc, PayPal sent them a message stating that it had permanently limited their account “due to potential risk.” The user said they had made at least 10 crypto transactions within a week, purchasing during dips and selling when the price was high, and PayPal had asked for an explanation for each transaction.

story - https://cointelegraph.com/news/paypal-suspends-user-for-crypto-trading-using-paypal-s-own-service

“The system flagged my account thinking I was selling items worth $10,000 in one week when I hadn't done so in the last 6 years I've held a PayPal account,” the user said. “I submitted the stuff for review with my photo ID and wrote ‘PayPal Crypto’ for each crypto transaction because what else could I say?
 
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EyesExist

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It was a nice run. Hope everyone pulled out.

Crypto are now leveling out at a new sustainable high I expect. However, still smarter to pull out while you have more profit so when it does bottom out you can buy more.

Not a professional adviser of any sort just thinking, isnt this what a smarter person would do to maximize profit potential?
 

EyesExist

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XRP, daily is flucuating , 4-5cents

100k coins .... = 4k-5k profit daily if you catch the troughs and crests

cost of trades = ?? check your wallet provider

Using an alert tool like https://cryptocurrencyalerting.com , makes everything easily possible

free tips for those that choose to enjoy the times.
 

secretagentdad

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Are there any notable cryptos or block chains or some shit that pay interest on transactions?
Curious if anyone opened that can of worms to try and make a market.

Follow up to that.

Pay interest on qualified balances deposited as some sort of collateral fund for managing counter-party risk and enabling a market?

Follow up on that.

Has anyone incorporated saas credits in any interesting ways?
 
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TheCurator

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All of the little kittens sold at the first sign of a pullback and now only the true Coin Gods remain to ride these new highs bareback like Hercules on Pegasus or like me on their moms, up to the halls of Valhalla, where we'll drink the blood of cowards from a fake virtual chalice freshly minted in BTC.


"Too many of us spend our entire lives too timid to imagine, to scared to truly dream-- coward, pussy ass bitches that accept whatever dumb bullshit life hands them. You're not one of those people are you? No, of course not. You, my friend, Dream to Imagine a better life. You, my friend, Dream to Imagine a world where you get as much head as you want and eat the juiciest rib eye steaks. You, my friend, deserve to own Bitcoin."

Everybody who is safe and comfortable on the shore loves to point and laugh at the boats they missed. It's human nature.

"But... what if there's a storm? What if they don't find any treasure? What if they catch scurvy?"

You can sail a thousand profitable voyages while they stand on the shore just waiting for that one time when your ship sinks so they can say they told you so and act like they were right all along.

A GOD will never fault humans for displaying human tendencies. Dream to Imagine. It doesn't matter if this wacky shit makes sense, it makes dollars. For every genius
little kitten sitting on the sidelines talking about how correct their takes are, there's 100 brainlets lining up to take out a second mortgage to go all-in again so they can trade up their new mansions for old castles while the little kittens beg mom for an extension on this month's rent. Sorry kiddo, she's busy at the moment. But hey... they had the correct take so they've got that going for them!

It's easy to talk when they have their shaky fingers firmly on the sell button waiting for any excuse to return to their lives of cowardice and mediocrity. At least they don't have to worry about what they'll tell their grandkids when they ask about me because their coinless asses will never get any fertile tail.

By the way - who gives a fuck what Boring Buffett thinks? His whole strategy is to buy shit that sucks and to hope that someday - before he keels over and croaks wearing $25 shoes - it won't suck quite as much. Why would you buy shit that sucks when you can buy nineteen thousand dollar memes instead?
 

EyesExist

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The ignorance peddlers are still missing the opportunity.

Everyday there is a 4-6cent gaps, right now.

$250+ profit per $3k invested, after buy&sell fees of 1%.

I won't argue but its' clear some people here are delusional, going on their 10th year trying to discredit Bitcoin which has more value than gold at this point and as a commodity become more valuable than any idea these same doubters has achieved.

With all respect.

If you're that smart, to me, Invent better.
 

EyesExist

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i already told people.. This is coming and it won't stop

This whole pandemic.. "The great economic reset" ...........

It's likely all about them installing the new format for digital currency worldwide


CasinoCoin.... 1800% return right now, once it hits .01cents, if you buy some coins
based on Ripple tech
Regulatory coins for the casino world.. IT WILL HAPPEN

All i ask.. for my due dillegence and hard work........... tip my creative, charitable endeavors $10k .........................

$100 turns into $180,000 if you play now.................

This aint financial advice but ............

However.. it's strange that if you follow my calls on this post so far, logic does work well


December 5th and 6th, CasinoCoin Spiked 500% .
Then went back to normal.
With a crypto alert, you could have harvested the benefits.

I expect this to do more considering the big deal they launched with some overlooked markets last month. They are quietly moving forward, sort of like XRP did.

Now if it hits .01cents, the ROI is pretty insane... Stay tuned.
 
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EyesExist

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Funny you mention that. i put money in yesterday and it just went up 2.3k% (250% roi) just around the time you typed this message. LOL

Talk about a GREAT DAY!
 
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Satvrn

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Funny you mention that. i put money in yesterday and it just went up 2.3k% (250% roi) just around the time you typed this message. LOL

Talk about a GREAT DAY!
106 USD trading volume.

How did you cash out?
 

EyesExist

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106 USD trading volume.

How did you cash out?

yesterday. BiTrue. There was an issue though when I tried to pull out.

BiTrue = not my favorite exchange. Lots of issues I see with their system. And they choose not to have sufficient support.

I wonder if they are skimming from everyone's profits, by stalling on trades for a %.

I took my profits however that I could get, traded to XRP then quickly moved the majority to CoinBase.

XRP then happened to shoot up.

Great week.
 
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EyesExist

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SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering​


https://www.sec.gov/news/press-release/2020-338


This gives me more interest in XRP /Ripple. For the SEC to target them. This means they fear something and there's a lot at stake.

Waiting for price to drop to bottom to buy in.

XRP will just go off shore / Europe or Dubai.
 

eliquid

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So... is XRP the future of transactions now still?
 

bash

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Centralization when it comes to crypto is not your friend. XRP was always destined to fail because the US ability to pretty much dominate the global banking industry.
 

CCarter

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"I think it's safe to say that no one here is going to be splitting the atom..."​
 

EyesExist

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1 - This is not 'shocking ' news . You think this billion dollar company isn't prepared?

2 - You're thinking 'checkers' not 'chess' . This case hasn't even been finalized and you guys are just doing what you normally do................ 'hating' on the coins, while there's still money being made

BooHoo.. shift your money to Bitcoin, keep earning.

3 - XRP/Ripple has fired back. Stop being simple-minded and let the case be settled. You might just be sleeping on the biggest opportunity yet: https://www.financemagnates.com/cry...lawsuit-attack-on-the-entire-crypto-industry/

Mark this post I made so we can look back at this one too....... as this post has had numerous 'i told you so' moments already for me............. for better or for worse

Coinbase said users’ XRP wallets will “remain available for receive and withdraw functionality after the trading suspension.”
Notably, the exchange said it will still support an upcoming airdrop of Spark tokens to XRP holders. XRP will still be supported by Coinbase Custody and in the self-custodial Coinbase Wallet.

Tech Don't Stop Home Girl!

And answer this? Was the money made this year ALREADY or no?
 
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eliquid

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1 - This is not 'shocking ' news . You think this billion dollar company isn't prepared?

2 - You're thinking 'checkers' not 'chess' . This case hasn't even been finalized and you guys are just doing what you normally do................ 'hating' on the coins, while there's still money being made

BooHoo.. shift your money to Bitcoin, keep earning.

3 - XRP/Ripple has fired back. Stop being simple-minded and let the case be settled. You might just be sleeping on the biggest opportunity yet: https://www.financemagnates.com/cry...lawsuit-attack-on-the-entire-crypto-industry/

Mark this post I made so we can look back at this one too....... as this post has had numerous 'i told you so' moments already for me............. for better or for worse



Tech Don't Stop Home Girl!

And answer this? Was the money made this year ALREADY or no?

I'm not for OR against it.

But you seem to be a bit butthurt over the comments, no? Lighten up dude.

I had a serious question if they were still going to be the future. This is no little matter if I were to be frank. A matter that could haunt them for quite some time.

1. Doesn't matter how prepared you are. If you lose, you lose. I could point out tons of similar examples of what I am trying to say here. Look at Trump and this voting fraud, you think he wasn't prepared? All the "preparedness" has equaled jack shit for him. If you get blocked, ignored, shut down... it doesn't matter how prepared you are. I've known tons of "prepared" cases that lost in the end.

2. Chess or checkers. Doesn't matter. Anyone can be "right" given enough time. Look at Nostradamus.. his predictions would all be correct and right given thousands of years. Me and others don't have thousands of years of though to watch XRP finally become a giant of money transfers and remittance, that you claimed they would be.

Earlier in this thread I pointed out Im in it to make money. Your stance was a lot longer, how great it is and how it will take over. My stance is still easy money though ( crypto trading ). XRP might take over the world in 200 years, but me and you wont be around to benefit on that event. We can only benefit in the short term, which is what I talked about earlier in this thread. If chess takes 200-1000 years to come true because of all the legal pushbacks, then checkers wins.. no?

3. I own lots of XRP actually. But I don't believe in holding it forever to when they are a giant in the financial world. Just because someone fires back means jack shit. Again, look at my example with Trump.

Money was made, but by speculators. Not long term holders this year.

Long term holders FOR THIS YEAR barely made anything. Jan 2021 XRP was trading at what, 19-20 cents USD. It's hovering 21-22 cents now. Not really anything to write home about. Those that got in at August actually lost money if they cashed in now as a "holder". They don't lose until they cash out, but we don't know the price is going back up, do we? No.

Holding long term this year because people believe it would be a giant or king of transfers basically wasted their time this year.

The people that won, were anyone that held it short term ( under a year ) and sold it.. those that were speculative.

I'm not trying to toot my horn, but Ive been buying and selling for a long time in other markets. Longer than some people have been on this forum ( I bought my first stock in 1999, and Im sure we have some sub 20 year olds on this board ).

Betting a company will be major just because larger companies started to integrate it, doesn't equal a safe bet.