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If you had $1Million in cash and wanted to turn it into $10Million?

Discussion in 'Making Money' started by ngriffin360, Jul 20, 2018.

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  1. mickyfu

    mickyfu BANNED BANNED

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    Simple. It reached its high of 20k because every fool and his dog were throwing their money in it. A lot of fingers got brunt, and there are no fools left to fool anymore.
     
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  2. face200

    face200 BANNED BANNED

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    I exactly guess your answer.It will reach to 20k again and even higher in less than 1.5 year.
     
  3. mickyfu

    mickyfu BANNED BANNED

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    No it won't. Not a chance. And let me guess, your info or reasoning comes from where exactly?
     
  4. davids355

    davids355 Moderator Staff Member Moderator Jr. VIP

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    I’d probably go short on bitcoin. Then blame @mickyfu if it went wrong.
     
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  5. 7ZEUS7

    7ZEUS7 Regular Member

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    The bitcoin will be on the rise when there will interested buyers to buy the bitcoin
    Bitcoin is not a non productive asset
    So its price are gonna rise only when any other person is more excited to buy it hence people like you
     
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  6. loldrops

    loldrops Regular Member

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    If an uneducated investor is a fool then yes a lot of newbie people got burnt because of their ignorance on bitcoin. They didn't do their homework, they fell into a fear of missing out mentality and now they will pay for those mistakes. If bitcoin was going to say $100, would Bitmain be raising capitol another 400 million at a 12 billion evaluation with plans to raise even more to get to a 40 billion evaluation by September. They must be a bunch of idiots according to you if they are the largest manufacturer of mining equipment. Who can afford to keep their mining on at $100 per coin. They are not the only mining company in China rasing funds, Canaan is planning an IPO's at around 2$ billion. Do these companies see the short term price of bitcoin falling? Most likely, but there is a reason why investors are flocking to hand them billions in hopes of long term gains.
     
  7. gtothem

    gtothem Jr. VIP Jr. VIP

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    alot of people who would lose their million in this topic..

    And how the topic turns to bitcoin just shows how many dreamers and nonthinkers there is.

    Anyway, the real answer is real estate and/or tech startup pooling if you know your shit.

    tldr; you have 1 million already so its easy to get safe returns, not some super speculative volatile investment dream in some digital asset.
     
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  8. Billy Batts

    Billy Batts Jr. Executive VIP Jr. VIP

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  9. vinku

    vinku Jr. VIP Jr. VIP

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    I would open BTC casino website. It's enough for licence and whole system.
     
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  10. loldrops

    loldrops Regular Member

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    That's incredibly ignorant, there are quite a few tech pioneers who believe in a universal decentralized currency.
     
  11. mickyfu

    mickyfu BANNED BANNED

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    Oh look. All the pro investors are back. Became pro as fuck by watching Bitcoin shoot up due to major publicity media advertising and fools throwing their money at it. Now everyone is Mr Fucking Big Time. I have news for the lot of you. You know absolutely Jack fucking shit about trading. You are simply embarrassing yourselves with your "info".
     
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  12. Edvard Benk

    Edvard Benk Senior Member

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    YOLO it in 2 trades on forex.

    seriously? I'll dump it into S&P 500 and enjoy my guaranteed 5 grand a month lol
     
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  13. gtothem

    gtothem Jr. VIP Jr. VIP

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    No sovereign country is going to use a privately funded and massively manipulated currency that can be copy/pasted and renamed overnight. Everything is tied to banking and unless these copy/pasted coins reach the level of a global bank (good luck) nothing will come of them.

    The closest thing would be PayPal 2.0 but the only reason PayPal worked is because of their ties to the banking system.

    Blockchain technology is nice and the national banks may seamlessly move to that in the future, but the idea that countries will straight up ditch their currency is so dumb.
     
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  14. EmilioGC

    EmilioGC Junior Member

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    Or you can also use the paypal monkey generator, it's hard to get the key nowadays though... :(
     
  15. Cherry

    Cherry Supreme Member

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    Me, too! ;)
     
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  16. roberth07

    roberth07 Junior Member

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    I would buy instagram shares
     
  17. krishnaverma

    krishnaverma Jr. VIP Jr. VIP

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    Why did you stop ? Multiplier is jammed now ?
     
  18. underachieved

    underachieved Elite Member

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    Multiplier requires orphan tears in order to work..

    Hard to come by in USA
     
  19. Jo_nathan

    Jo_nathan Junior Member

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    Buy $1mil worth of $20 lotto tickets.
     
  20. Edvard Benk

    Edvard Benk Senior Member

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    adrenochrome.. *shudders*