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Revisit of cryptocurrency

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posted on Dec, 8 2017 @ 09:54 PM
I know that this subject has been discussed on here many times before but I want to revisit it. I was recently asked what I wanted from my family for this holiday season and at first I thought tacky sweaters. Then I thought more about the question because my mom suggested cryptocurrency. Now I have some invested into it but why not have more. I think I may choose lightcoin but I wanted your opinion on the matter and do you believe such a request is worth it. I would hate for them to loose money on this but I could easily hide it from them as I handle their stocks amd such. In the past 48 hours my mother has gained $1624 on lightcoin alone. My dad well alot more. I was thinking of asking for ten coins. Should I do it or is there a better alternative in the crypto world?

edit on 2/19/2013 by Allaroundyou because: (no reason given)

posted on Dec, 8 2017 @ 10:04 PM
a reply to: Allaroundyou

If your relatives are game for coins, that would be just as good as the mostly disposable stuff we usually get.

I bought Ripple, Stellar Lumens, Reddcoin 2 months ago. All are up and Stellar is up 1000%.

posted on Dec, 8 2017 @ 10:55 PM
a reply to: seasonal
You know I just feel like there is a grand scheme or reason why regular working folks like ourselves are being granted an opportunity to increase our net worth so to speak with these easy buy ins.

Almost as if somebody is giving us rope to hang ourselves with later. I went from totally being on board with plopping down a couple of thousand to abruptly feeling like this entire endeavor is serving some sinister purpose. And it happened in a span of like three days.

I think the Jerusalem thing did it for me. I mean, I knew it was coming the moment Trump was our President. But with crypto just generating gains like mana from the heaven.... it feels too good to be true is all I am saying.

Almost like our souls are on the line or something, and the free will choice to go there is baited with an immediate pleasure.

You guys just all be careful. Its not even the potential financial losses that worry me. I fear there is fine print attached that is not disclosed until a bad time happens.

posted on Dec, 8 2017 @ 11:23 PM
a reply to: worldstarcountry You make a very good point. I was very nervous about getting into this at first. So I waited a bit to see if it gained speed. It has and I know that will come to a fall at some point. I just hope that I am wise enough to see it coming before hand and count my wins after. Time will tell though. In the past I was offered a bitcoin at about $400 and I turned it down thinking that was a stupid # investment. Every days I regret that decision. I am hoping now that I can make up for that dumb decision.

posted on Dec, 8 2017 @ 11:47 PM
a reply to: Allaroundyou
Lets forget about the monetary value of it for a moment. Think about what it represents. It is a digital payment method that is being hyped up. It is being designed to attract as many humans as possible to the lure of easy gains. I think the conspiracy is to expose people to become familiar with it before we are forced to accept it as the new way of life.

If all transaction move to the new way of life, what happens t those of us who do not wish to participate in that way of life? Say those who are concerned it could come down to a choice of life or death someday...

What happens to those of us who say no, but there is no alternative provided? Are we sentenced to death due to irrelevance? And if so, how could that literally not be the fulfillment of another prophecy?

I would guess 99% of people have their personal tracking devices i.e. their cellular phones in their hand or up to their head. If blockchain becomes the default economic exchange mechanism by law globally, then technically, wouldn it be the case that no man shall buy nor sell, save for those who carry the mark of the beast on their right hand or forehead?

Rev. 13:15The second beast was given power to give breath to the image of the first beast, so that the image could speak and cause all who refused to worship the image to be killed. (Sophia the Robot, could being granted citizenship be that breath of life? Attack the citizen, be killed right? Saudi Arabia and all)
Rev 13:16 It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, (the cell watch we all voluntarily keep in our hands or on our head (bluetooth counts as on your head)
Rev 13:17 so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name. (are crypto's the beginning of this ???)

Some of the earlier verses, like 10-14 also describe what could be equated to recreations of machines which as we know can now appear as human. I look at the bible as an encrypted accounting of science and history that has been butchered in translation by those who week to reign with power over others through control of knowledge.

I apologize for taking this thread there, I know you were looking to keep the discussion financial, but you dropped it in General discussion, so I am discussing it in general with what I am starting to feel in my gut.
edit on 12-8-2017 by worldstarcountry because: (no reason given)

posted on Dec, 9 2017 @ 12:22 AM
a reply to: worldstarcountry I am not upset that you did that. I know the word very well and will not argue against those. You make a good point. But if this is a way of making money to ensure your family lives on would you not take it? Now I am not married and have no children that I know of. But if I did this wouldn't be a bad idea to invest in even if for a start up. Knowing when to buy in and cash out is the game. So let's all play it. As of right now the coin I want looks good. And at some point that may triple if not more. I want to retire soon and want a good investment to have to keep things going. Why not go with crypto to keep them growing. My oil has dropped ALOT thank you Oklahoma but I should have seen that coming. I will hold out for now in hopes of things changing. So crypto is the way I shall go.

edit on 2/19/2013 by Allaroundyou because: (no reason given)

posted on Dec, 9 2017 @ 12:33 AM
a reply to: Allaroundyou
Best of luck to you! Maybe some of us are just incapable of leaving the stone age I guess.

posted on Dec, 9 2017 @ 12:55 AM
a reply to: worldstarcountry

Damned if you do, damned if you don't scenario really. What's the alternative? Stuff it into the market you already know is controlled or the one where you can have control?

End of the day, we can't control the world, only ours and have to make the best decisions based on all the facts we can find. I've no problem putting some of my savings on the line.

posted on Dec, 9 2017 @ 12:58 AM
a reply to: JinMI
again, my concern is not monetary. This stinks of prophetic warning is what I am saying. This could be the free will choice that decides the fate of our souls or something. I am doing fine without it, I will just keep pretending I never heard of it.

Most people I know do not even know the term or are aware of its existence.

posted on Dec, 9 2017 @ 02:03 AM
I have been investing since the early 80s and I have seen my share of ups and downs. One thing that has always been a recurring theme is when a particular market or investment becomes ubiquitous like the tech bubble something is wrong.

If your friends and family are all talking about it then ask yourself why and if that is a good thing. I always buy into sell offs and sell into strength. I guess I am a contrarian. You never make real money following the crowd.

posted on Dec, 9 2017 @ 11:35 AM

originally posted by: Allaroundyou
Should I do it or is there a better alternative in the crypto world?

As long as you clearly understand you're "gambling" when you buy crypto, it's fine.

You could go to the local casino and play the slot machines too.

Sometimes you'll get back more than you put in, other times less.

Some people love the excitement of the gamble.

You're not buying value, you're paying for excitement.

posted on Dec, 9 2017 @ 11:37 AM

originally posted by: Metallicus
If your friends and family are all talking about it then ask yourself why and if that is a good thing.


Pretty soon you'll see Fonzi hocking cryptos to people on TV instead of reverse mortgages.

posted on Dec, 9 2017 @ 02:31 PM

originally posted by: Allaroundyou
a reply to: worldstarcountry You make a very good point. I was very nervous about getting into this at first. So I waited a bit to see if it gained speed. It has and I know that will come to a fall at some point. I just hope that I am wise enough to see it coming ...

well now, at least you're "aware" that you need "wisdom" to "see it coming"

The bible tells us the same thing:

He goeth after her straightway, as an ox goeth to the slaughter, or as a fool to the correction of the stocks; -- KJV, Proverbs 7:22

If the "fool" holds his position until the "correction of the stocks", then by implication, the "wise" person gets out before that stock market correction.

How did the bible know 2000 years ago about the "stock market" ?

It's a timeless book. And it has the "wisdom" for all ages within it.

Note carefully the "numbering" of the verse in Proverbs. It's 22/7 which is PI. That tells us that this "correction" is a cyclical phenomena, it's a circle, it repeats, as it happened in the past, so it will happen again in the future.

So, to know when the correction will occur, you need to look at the past corrections, and observe the pattern.

You see, "understanding", according to scripture, is knowledge about "why" things happen.

But, "wisdom" is knowledge about the "timing", about "when" things will happen.

Wisdom is the principal thing; therefore get wisdom: and with all thy getting get understanding. -- KJV, Proverbs 4:7

That's why the 3 magi are referred to as the three wise men that knew that Jesus had come. They knew how to "tell time", by looking at the stars in the heavens, and identifying the precise moment for the birth. That's why we call them "wise men."

You already have the "understanding" that the crypto "crash" is coming. What you need is the "wisdom" to determine "when."

You will see the signs. All it takes is to recognize them when they appear.

In 2006 one of the major news channels did a TV interview with a real estate speculator in Florida. The man said it was easy to make money, and he didn't understand why people were not doing what he did. All you needed was a heart beat, and you could make a fortune. Real Estate prices were rising so fast, that as soon as you bought a property, you'd get equity in that property that enabled you to take out another loan to buy yet another property, and build up your porftolio. Getting rich was a piece of cake. That was the year of the Real Estate "peak" in the US.

So, watch for those TV interviews. They will appear again. With people saying how easy it is to make money in crypto, you only need to be "breathing." Then, get out.

edit on 9-12-2017 by AMPTAH because: (no reason given)

posted on Dec, 10 2017 @ 03:36 AM
a reply to: AMPTAH
That is some truly deep ish. I may not be religious, but I eventually realized there is in fact great knowledge and wisdom to learn from it (the bible).

So with that comparison, I would say some point in 2018 things will get completely clucked. Seems to me like all signs point to yes.

posted on Dec, 10 2017 @ 04:03 AM
All cryptocurrencies will, like Bitcoin, become slaves to the speculation, thus unable to function as a stable means of exchange. The conspiracy about cryptocurrencies is who is making all this money out of nothing?
edit on 10/12/2017 by paraphi because: (no reason given)

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