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Author Topic: I invested $3,000 in IOTA today.  (Read 2906 times)
Matt
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« on: December 03, 2017, 09:16:03 PM »

On Friday, I gave a friend $1,000 to get me some IOTA - knowing it would go to up, I told him I would give him 10% for his time, since I had plans to be with the kids this weekend.

IOTA then slowly started to rise...it was $1.20 on Friday, going up to $1.45 by the time of the Overeem fight yesterday.  Then Sunday morning it hit $1.78.  I was very upset that my friend happened to get sick, so he hadn't invested my $1,000 yet.

So I texted another friend who had previously bought IOTA and e-transfered him $3,000 just now.

I do expect IOTA to hit $7 or more.  It could even hit $40.  I hope I can figure out how to buy some myself.  If so, I would like to invest $10,000 or more.

Last year, $14,000 in ETHEREUM is now worth $1 million.  So I am confident about IOTA.  I do think an investment of $10,000 will hit $250,000 or more.
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gib
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« Reply #1 on: December 03, 2017, 11:35:33 PM »

I would suggest sticking only to bitcoin. But good luck!
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muscleman-2017
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« Reply #2 on: December 04, 2017, 12:06:27 AM »

If you want a cheap crypto with really solid specs and huge growth potential, my tip is STRATIS.
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Matt
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« Reply #3 on: December 04, 2017, 12:09:00 AM »

If you want a cheap crypto with really solid specs and huge growth potential, my tip is STRATIS.

I will check that out now.  Any other recommendations, let me know.  I have not heard of STRATIS, but I am always interested in different coins and tokens.

https://coinmarketcap.com
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gib
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« Reply #4 on: December 04, 2017, 12:22:31 AM »

If you want a cheap crypto with really solid specs and huge growth potential, my tip is STRATIS.

Thatís in ico right? I would be damn careful.

Now where is Mr Anabolic when you need him. Mr Anabolic please provide your comments on icos. Here I think we are likely to be alligned!
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dj181
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« Reply #5 on: December 04, 2017, 12:23:56 AM »

I, I, I, I, I, I
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Matt
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« Reply #6 on: December 04, 2017, 12:25:57 AM »

I, I, I, I, I, I

Are you angry because I defended Dropping Loads?

I then asked him why you were being mean to him, and you said it was because he was being mean to you, and then I stopped defending Dropping Loads, and let you two discuss it amongst yourselves.

"Unnnh, about to cum.  Unnnh, dropping loads." - Peter North
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dj181
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« Reply #7 on: December 04, 2017, 12:32:10 AM »

Are you angry because I defended Dropping Loads?

I then asked him why you were being mean to him, and you said it was because he was being mean to you, and then I stopped defending Dropping Loads, and let you two discuss it amongst yourselves.

"Unnnh, about to cum.  Unnnh, dropping loads." - Peter North

Drippng piss

Not angry but think its funny that you always make it all about you

But yes i do hate your fucking name and i bet you middle name is dyke right?

Are you sure you arent 5 9.11673883894093 lulz
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Matt
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« Reply #8 on: December 04, 2017, 02:09:24 AM »

Drippng piss

Not angry but think its funny that you always make it all about you

But yes i do hate your fucking name and i bet you middle name is dyke right?

Are you sure you arent 5 9.11673883894093 lulz

Lol, I prefer Dropping Loads.  "Unnnh, dropping loads."

Peter North must have had a lot of difficulty memorizing these scripts.

I am only over 5'9 in the morning.

In any case, IOTA has DOUBLED since Friday.  Had I invested this $3,000 on Friday, I would have $6,000 now.  Bah!

So this post, while about me, can also benefit you.

Do you have $500 to invest?  I wouldn't be surprised if it is worth $20,000 by this time next year.
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dj181
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« Reply #9 on: December 04, 2017, 02:14:05 AM »

Lol, I prefer Dropping Loads.  "Unnnh, dropping loads."

Peter North must have had a lot of difficulty memorizing these scripts.

I am only over 5'9 in the morning.

In any case, IOTA has DOUBLED since Friday.  Had I invested this $3,000 on Friday, I would have $6,000 now.  Bah!

So this post, while about me, can also benefit you.

Do you have $500 to invest?  I wouldn't be surprised if it is worth $20,000 by this time next year.

Would rather put that money on gear
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el numero uno
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« Reply #10 on: December 04, 2017, 03:10:00 AM »

On Friday, I gave a friend $1,000 to get me some IOTA - knowing it would go to up, I told him I would give him 10% for his time, since I had plans to be with the kids this weekend.

IOTA then slowly started to rise...it was $1.20 on Friday, going up to $1.45 by the time of the Overeem fight yesterday.  Then Sunday morning it hit $1.78.  I was very upset that my friend happened to get sick, so he hadn't invested my $1,000 yet.

So I texted another friend who had previously bought IOTA and e-transfered him $3,000 just now.

I do expect IOTA to hit $7 or more.  It could even hit $40.  I hope I can figure out how to buy some myself.  If so, I would like to invest $10,000 or more.

Last year, $14,000 in ETHEREUM is now worth $1 million.  So I am confident about IOTA.  I do think an investment of $10,000 will hit $250,000 or more.

Not to be a dick but this doesn't sound like an investment to me.

You are just hoping for the price to increase 2400% anually for no real reason.

That's called speculation.



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muscleman-2017
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« Reply #11 on: December 04, 2017, 03:10:55 AM »

Thatís in ico right? I would be damn careful.


Yep.


https://medium.com/@nathan.burgess1/why-stratis-may-be-the-next-big-thing-4629c0038c73
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dj181
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« Reply #12 on: December 04, 2017, 03:13:04 AM »

a fool and his money are soon parted
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ratherbebig
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« Reply #13 on: December 04, 2017, 03:23:57 AM »

a fool and his money are soon parted

especially if he has a lot of ex-wives
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Matt
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« Reply #14 on: December 04, 2017, 03:25:25 AM »

a fool and his money are soon parted

Around $15,000 investment in ETHEREUM last year is worth $1 million today.

I think what I will do is invest $10,000, then cash back my $10,000 once it doubles.  Then just let it sit around.

That way, bubble or not, I will not lose any money, since I will only be investing my interest/profit.

Coins may be a massive speculative bubble, but I don't think they will crash yet.  Give it time.  In the meantime, there is money to be made.  And I honestly think $500 in coins can go up to $10,000 or even $20,000.

As for gear - you can always buy gear with some of the interest.  That being said, there are risks with everything, but I do think cryptocurrency is going to get much, much bigger.

$150 invested in ETHEREUM last year would be worth $10,000 today.

My advice is to invest before the crash.  Even after the crash, Bitcoin will be worth a lot of money.
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Matt
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« Reply #15 on: December 04, 2017, 03:27:16 AM »

especially if he has a lot of ex-wives


ROFL, yes, I pay child support out the ass - and both wanted advances for Christmas.  No big deal, and the kids will be happy.

But my coin investments have helped that massively.

I honestly think $15,000 invested this year can be worth more than $100,000 within 12-18 months.  That money then goes to the kids, but I have found family to be worth it. Smiley
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muscleman-2017
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« Reply #16 on: December 04, 2017, 03:39:20 AM »

In the early days, I made 1000 percent profit in a short period of time. 

Then when the bubble burst I played it badly and lost it all.

Now, I have learned a lot from my mistakes, and make very good profits.

BTW don't be surprised if BTC goes to 100K

Around $15,000 investment in ETHEREUM last year is worth $1 million today.

I think what I will do is invest $10,000, then cash back my $10,000 once it doubles.  Then just let it sit around.

That way, bubble or not, I will not lose any money, since I will only be investing my interest/profit.

Coins may be a massive speculative bubble, but I don't think they will crash yet.  Give it time.  In the meantime, there is money to be made.  And I honestly think $500 in coins can go up to $10,000 or even $20,000.

As for gear - you can always buy gear with some of the interest.  That being said, there are risks with everything, but I do think cryptocurrency is going to get much, much bigger.

$150 invested in ETHEREUM last year would be worth $10,000 today.

My advice is to invest before the crash.  Even after the crash, Bitcoin will be worth a lot of money.
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Mr Anabolic
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« Reply #17 on: December 04, 2017, 04:02:35 AM »

Governments will soon ban all these cryptos.  One day you'll try to go to an exchange website and all you'll see an FBI warning.  Same thing happened to online gambling sites.  

Cash in all your profits NOW.  Don't forget to claim it on your taxes, if not the IRS and other government tax agencies will be coming after you.
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muscleman-2017
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« Reply #18 on: December 04, 2017, 04:09:25 AM »

Governments will soon ban all these cryptos. One day you'll try to go to an exchange website and all you'll see an FBI warning.  

Been there, done that  Grin

HAVING SAID THAT...

there are several trading sites that are FULLY COMPLIANT WITH US FINANCIAL LAW so no you will not see a FBI warning on those.
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gib
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« Reply #19 on: December 04, 2017, 04:14:54 AM »

Governments will soon ban all these cryptos.  One day you'll try to go to an exchange website and all you'll see an FBI warning.  Same thing happened to online gambling sites.  

Cash in all your profits NOW.  Don't forget to claim it on your taxes, if not the IRS and other government tax agencies will be coming after you.

Actually what the US did is regulated the exchanges (just like with casinos). Those exchanges who meet the
requirements will thrive.

Further Wall St is jumping on board. And itís Wall St that controls the Govt. Think about it ...
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Rimstinger
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« Reply #20 on: December 04, 2017, 04:31:40 AM »

Actually what the US did is regulated the exchanges (just like with casinos). Those exchanges who meet the
requirements will thrive.

Further Jews Wall St is jumping on board. And itís the Jews Wall St that controls the Govt. Think about it ...

Fixed for accuracy
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Mr Anabolic
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« Reply #21 on: December 04, 2017, 04:57:31 AM »

Actually what the US did is regulated the exchanges (just like with casinos). Those exchanges who meet the
requirements will thrive.

Further Wall St is jumping on board. And itís Wall St that controls the Govt. Think about it ...

Too many things can go wrong... and they will.

The introduction of the bitcoin futures trading will be adding sellers to the market, not buyers.  Everyone who wanted to buy crypto has been able to do so, but the same cannot be said for those who wanted to short them.  Now they'll have the chance to that... that will put downward pressure on the cash price of crypto.

Don't be emotionally attached and foolish about this... take your profits now while you still can.  

---------------------------------------------------------------------
UK

The Telegraph reported just around the time of the big drop, UK "ministers are launching a crackdown on the virtual currency Bitcoin amid growing concern it is being used to launder money and dodge tax."

Taking a page out of the Chinese playbook, the UK Treasury has announced plans to regulate the Bitcoin that will force traders in so-called crypto-currencies to disclose their identities and report suspicious activity.

According to the Telegraph, while "until now, anybody buying and selling Bitcoins and other  digital currencies have been able to do so anonymously, making it attractive to criminals and tax avoiders. But the Treasury has now said it intends to begin regulating the virtual currency, which has a total value of £145 billion, to bring it in line with rules on anti-money laundering and counter-terrorism financial legislation."

John Mann, a member of the Treasury select committee, said he expected to hold an inquiry into the need for better regulation of Bitcoin and other alternative currencies in the new year.

He said: "These new forms of exchange are expanding rapidly and we've got to make sure we don't get left behind - that's particularly important in terms of money-laundering, terrorism or pure theft.

"I'm not convinced that the regulatory authorities are keeping up to speed. I would be surprised if the committee doesn't have an inquiry next year. "It would be timely to have a proper look at what this means. It may be that we want speed up our use of these kinds of thing in this country, but that makes it all the more important that we don't have a regulatory lag."

The proposed changes come amid increasing fears that Bitcoin is being used by gangs to launder the proceeds of crime while also attracting currency speculators - with the value of the coin soaring in the past 12 months.

In other words, the same reason why the IRS is cracking down on Coinbase clients in the US is also why UK and European regulators are joining China in cracking down on capital flight.

United States

The US Senate Judiciary Committee is currently tackling bill S.1241 that aims to criminalize the intentional concealment of ownership or control of a financial account. The bill also would amend the definition of Ďfinancial accountí and Ďfinancial institutioní to include digital currencies and digital exchanges, respectively. According to ranking committee member Senator Dianne Feinstein, the proposed bill is needed to modernize existing AML laws.

The bill would amend the definition of Ďfinancial institution,í in Section 53412(a) of title 31, United States Code, to include:

ďAn issuer, redeemer, or cashier of prepaid access devices, digital currency, or any digital exchanger or tumbler of digital currency.Ē

If passed, the bill would likely have far-reaching effects for users of digital currencies both in the US and abroad.

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Parker
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« Reply #22 on: December 04, 2017, 06:21:45 AM »

ROFL, yes, I pay child support out the ass - and both wanted advances for Christmas.  No big deal, and the kids will be happy.

But my coin investments have helped that massively.

I honestly think $15,000 invested this year can be worth more than $100,000 within 12-18 months.  That money then goes to the kids, but I have found family to be worth it. Smiley
The kids would be happy if they had a full time dad. Not someone who believes that child support advances for Christmas will make the kids happy.
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gib
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« Reply #23 on: December 04, 2017, 07:15:48 AM »

Fixed for accuracy

Hahahahaha. Yes well thatís true also Smiley. Jews control gold, diamonds and yes they want a piece of the bitcoin action that is clear!
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gib
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« Reply #24 on: December 04, 2017, 07:17:48 AM »

The kids would be happy if they had a full time dad. Not someone who believes that child support advances for Christmas will make the kids happy.

What a nasty and spiteful comment. Come on man - thats harsh. And maybe not fair - you donít known the full circumstances.
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