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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
BrianBitcoinBull@btcholder#Litecoin looks like it is beginning to pull back into buying Territory. I love the fact they have already adopted Segwit as can be seen by several exchanges picking them up. Will be interesting to see how much of a correction we see in the BTC and the ALT Coins but Litecoin if it is $15-18 it looks like a screaming buy to me given Bitcoins political issues.
BrianBitcoinBullI have no problem with regards to putting my money where my mouth is. #Litecoin is a screaming buy and hold at $25. If it drops down to $15-18 then its a back the truck up moment. If you think Crypto is stupid and dumb and in a Tulip Bubble. Then put your money where your mouth is and find a proxy to short it. Otherwise go be a clown somewhere else. I want this on record and I do think there will be much Volatility in the market come August 1st with BIP 184 as most ALT Coin Exchanges revolve around the Bitcoin to trade.
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BrianBitcoinBullI want this on record for #Bitcoin#Ethereum and all the ALT coins. If you think this is a major bubble, stupid, dumb and Tulip Mania then put you money where you mouth is and go out and short it!!! There are plenty of proxys. If you are long as I have been then put your money where you mouth is as well!!! I can't tell you how many people said to me at $500 Bitcoin its expensive I will get in at $300 then the same person told me at $1400 I will get in under $1,000 etc. Now $2,300 it's too expensive once it goes under $2,000. LOL. I also can't tell you how many people tell me they are huge Bitcoin supporters but own none. I've shared my shirt designs before to spread the word and get a whole $2.94 Royalty per sale and people are like I'm a buy one for $15 to rock but I own zero Crypto, I can't figure out how to set up a wallet but "Dude I support the Cause!!!". It just boggles my mind. Each time those people give that price target that they set themselves and it goes down to it they say "its crashing" then get cold feet. For the majority of people buying one even #Litecoin on something simple like Coinbase for $25-30 it seems to be like people who say they are going to go on a Diet and Lose Weight, etc. They just talk about it and never do it.
BrianBitcoinBullGood article but more the same of people like Peter Schiff complaining about the same thing with #Bitcoin since 2010-11. Could we have a pullback of course it went up 100% in a month. Adoption rates are growing and the network is actually getting slow because of politics Bitcoin scaling issue. Some Gold bugs will say that proves it not feasible. But it actually proves at about $1.50 price to get to the front of the line Bitcoin is way more popular than anyone ever envisioned. The politics will play a major role in Bip 148 which happen in August. It could put major downward pressure on the entire Crypto market. I personally put my money where my mouth is and will am continuing to accumulate #Litecoin sporadically. They got their scaling issue out of the way with Segwit and are beginning implementing the Lightening Network which is exciting. If there is a major disruption with BIP 148 and it spills over to ALT Coins which it likely will given its the funding currency. There might be some major buying opportunities.
@BallistariusAny thoughts from the BTC holders and others on the BTC UASF impact in august on LTC and ETH? On the one side mabye some may move to ETH / LTC if it doesn't work out well but on the other hand it could be bad for the entire crypto sector including ETH and the altcoins? I can't make up my mind on this topic and curious about others opinions in this matter. #ethereum#bitcoin#Litecoin
BrianBitcoinBull#Litecoin is on a run as two more exchanges look to add the Crypto on Monday
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BrianBitcoinBullIs #Bitcoin about to double? As a speculator part of me thinks this BIP 148 thing is to shake out weak hands while the Miners who are unwilling to give up are good thing are accumulating. Like the US Debt ceiling and all the other Political B.S out there. A huge part of me things the Miners and Roger Ver will choose to punt and accept Segwit rather than destroying themselves. Just my honest opinion. I have said it many times, even with my user name I am 10x more Bullish on #Litecoin. It's a better network with less politics.
BrianBitcoinBull@zentrarian ETH has a lot of Dirty Laundry and things that are unclear. Hype and momentum is on its side so it will likely go higher. No problem taking a free ride. Much like you I accumulated all mine originally in the $10-15 range. Sold most which looks like a mistake now at $222 to put everything into #Litecoin. Which I personally believe is the most honest Crypto out there. I actually like the fact people think its boring coin until 3 days ago. Not going back to bailout early investors like ETH did or change their name multiple times like #DASH to cover up mistake after mistake. Like we talk about in the mining industry people do matter in the Crypto space. With all that said I have speculative positions in many areas. Just something to think consider because there is massive hype and a ton of ICOs that are going to end up being scams and paid promoters out there on YouTube pimping themselves out for coins.
BrianBitcoinBull@Newton Anyone who has mined Crypto knows it barely profitable. That is why people like Genesis sell the Hashpower to customers for Cloud Mining rather than just mine the coins and sell those themselves. Don't think its out of the goodness of their heart. Iceland is an excellent place to run a Crypto mine because of the cold weather which cools the hot machines and the low cost abundant Geothermoal energy. But make no mistake Crypto mining is a tough business that is why Roger Ver has been arguing for #Bitcoin Unlimited and threatening a Hard Fork so that miners control the fee structure. While it is super interesting that guys like Frank Geustra are getting involved in the space its not glamorous. Like I said before for #Ethereum#Litecoin#Dash and the other Cryptos the money in the space is being made by the exchanges on transaction fees. I love the Small caps but #Hive is not something I would touch unless you are speculating the Crypto crowd will bid up the price initially just because it has to do with Crypto and nothing to do with the business. Which is a real possibility. Kinda like the Marjuana stocks.
BrianBitcoinBull#Bitcoin and Block Chain technology is either going to go down as one of the biggest waste of time, money, resources, & brainpower ever!!!!! When you consider the actual energy and computing power to mine, developers, promoters and users!!! Or this is going to change the World Forever!!!! Time and time again I put my money on the latter? Why? Because as a Speculator I seen for years people 100x smarter than me have put major time for free and crazy excitement if you talk to any of these Nerds. The potential is literally capped at the MOON!!!! The downside is literally whatever money and energy I or you put into it. Hate it or love it, its honestly a LOL interesting paradox whichever side you are on. Is the Glass Half Full or Half Empty??? HAHAHA
BrianBitcoinBull@Tommy good luck with $Hive. If you are pumping it to dump it then well played my friend. We are in an Alt Coin Bubble no doubt. The interesting thing is ppl have to go through 3-4 Coins/Tokens to exit out into FIAT currency. I predict essentially the biggest of all short squeezes with #Bitcoin, #Ethereum#Litecoin and possible one to two other going parabolic during the event. Especially with Bitcoin as many are taking theirs off the exchanges and putting them into hard wallets with BIP 148 coming.
BrianBitcoinBull@btcholder think its definitely true what Charlie Lee said with regards to #ethereum. You have lots of irrational exuberance from people who don't even know what they are buying. I still argue #Litecoin if you put out a credit report for each Crypto. Its not even close, its the cleanest one out there.