The real story about Bitcoin isn’t its 50% decline, but that the biggest financial mania in history is likely over. What’s most amazing is how the scheme's promoters convinced the mainstream financial media, Wall Street banks, and elected government officials to embrace it.
Who needs it? I mean besides outlaws trying to stay below the radar and hackers/crypto thieves?
Add to that the ease at which it is vulnerable to user error in misplaced wallets, lost passwords, exchanges cratering, etc.
I doubt it's over, though, and I fully expect to see a resurgence when the time is right.
I am very pleased at the thought of something of so little intrinsic value, that required such enormous amounts of energy to exist, is becoming less and less of a impediment.
I remember that well. A neighbor invested significantly in a money manager that rolled the dice on low volatility. He sued the manager for a near total loss. Anyway he recovered under the assumption that he knew little, and gave no authority for the speculation. Made the local newspaper.
I remember that well. A neighbor invested significantly in a money manager that rolled the dice on low volatility. He sued the manager for a near total loss. Anyway he recovered under the assumption that he knew little, and gave no authority for the speculation. Made the local newspaper.
Hey GoI, have you set up a training program for your grandson yet? Just kidding, Back in the early summer of 2016 we were vacationing at the Jersey Shore ( LBI ). My grandson, almost 2, and I were always the first ones up. We would let him stay up to watch some of the US Olympic Trails. One morning as I was making coffee, he started talking about a women's 100M hurdle race where a woman fell. I told him I ran hurdles and that had happened to me. He replied, "Papa, when I get older, I run hurdles too." My heart melted.
Have my 3rd grandchild on the way, a girl. This will be my daughter's first. My son has a boy and a girl.
I remember that well. A neighbor invested significantly in a money manager that rolled the dice on low volatility. He sued the manager for a near total loss. Anyway he recovered under the assumption that he knew little, and gave no authority for the speculation. Made the local newspaper.
Why would any investor allow a money manager the ability to bankrupt their portfolio? A money manager is out to make a buck. He or she is not looking out for you. They are out to make a dollar. Learn how to invest and invest only in index funds.
I remember that well. A neighbor invested significantly in a money manager that rolled the dice on low volatility. He sued the manager for a near total loss. Anyway he recovered under the assumption that he knew little, and gave no authority for the speculation. Made the local newspaper.
Why would any investor allow a money manager the ability to bankrupt their portfolio? A money manager is out to make a buck. He or she is not looking out for you. They are out to make a dollar. Learn how to invest and invest only in index funds.
There are millions of investors, a many of them very wealthy, that just do not want to manage their own money. In this care, the investment advisor was taking liberties, in a very foolish way.
I remember that well. A neighbor invested significantly in a money manager that rolled the dice on low volatility. He sued the manager for a near total loss. Anyway he recovered under the assumption that he knew little, and gave no authority for the speculation. Made the local newspaper.
Hey GoI, have you set up a training program for your grandson yet? Just kidding, Back in the early summer of 2016 we were vacationing at the Jersey Shore ( LBI ). My grandson, almost 2, and I were always the first ones up. We would let him stay up to watch some of the US Olympic Trails. One morning as I was making coffee, he started talking about a women's 100M hurdle race where a woman fell. I told him I ran hurdles and that had happened to me. He replied, "Papa, when I get older, I run hurdles too." My heart melted.
Have my 3rd grandchild on the way, a girl. This will be my daughter's first. My son has a boy and a girl.
Funny story. Perhaps you recall both Gail Devers and Lolo Jones eating the last hurdle while leading the Olympics. If I recall correctly Devers could have been both 100m and 100mh Gold medalist.
The spring after we moved to Boise my son went out for track at middle school, here 8th grade, ran the 300m hurdles. Not sure why he chose that event. Then he told the coach about my past, I soon found myself as the volunteer pole vault coach. I did one workout in college with our steeplechaser, and quickly found out not for me. At UTRGV I taught a track and field activity class and bit the hurdle, and it was on the 30” setting.
Our daughter and son-in-law have been married for 17 years. My grandson is their first, and seems like a good little guy. At seven months pretty active cus. I was over there today, we ate lunch together of lemon yogurt and apple. Our son is single, we are hopeful but nothing yet. My son-in-law’s father and aunt are here now, so sharing the babysitting, I think. I was going three days for three hours, and now two days. The daughter and son-in-law are on the other side of town, so an hour drive round trip. My wife has volunteered us for anytime if they want to come our direction. That has happened once so far.
This post was edited 13 minutes after it was posted.
btw, i tried to respond to this post but was banned because i quoted you ... in your quote you mentioned a particular type of investment (which i made no comment on) yet I was banned. it is not the first time i have been banned. I was previously banned for mentioning this particular type of investment so i avoid mentioning it now... I was never expecting to be banned for quoting someone who mentioned it.
no idea why some of you are allowed to mention it over and over but a quote of your post gets me banned.
this site is ridiculous... like this administration