Third coin to break 4 digits!

I divested all cryptos but if i was only going to toss in a few hundred i would buy 100% iota.

What bought about the divestment?

Sudden medical costs and increasing doubt about the market.
It is a bubble for sure and i can leave now with zero risk, my country has share franking so i can move into stocks and more real estate with ease.
I can retire right now if i wasn't sure i would be depressed within a week and eat myself to death like pizza the hut in space balls.

Ah, I see, well congrats on all your gains and hope things go well in the future too!

I doubt i will be alive in 5 years but we will see.

Hope everything is alright, and that your prediction doesn't come to fruition.

I agree with Christopher. Just ignore the small advertising he does to his Crypto Academy, whats important in the content of the message. The real scam is the current fiat debt-based system. Fiat currency is collapsing, slowly, very slowly, but it is collapsing. Bitcoin and the crypto currencies are the future. Those of us who are the early adopters are getting rewarded and many of us have seen profit from this already. This is just starting, 19k 20k BTC price is still cheap compared to whats going to be in 1 or 2 years from now, also you can invest in alt coins too (such as litecoin, ethereum, etc) which are cheaper and still gain profits from them. There is still time to jump in the crypto train.

Please watch the video from a neutral point of view and ignore the politics, just understand the content.

What's going on (may I ask)?

This post was edited by JohnMiller92 on Dec 18 2017 08:28am

I watched the video.

If he believes so strongly in the crash of fiat, why is his class priced in fiat and not a crypto? If he believes fiat is on the way out why would he accept currency he thinks is going to zero? Fiat isn't dying, if it was prices would be expressed in terms of crypto and not dollars. Instead of saying BTC is rising, people would be saying the dollar is crashing but at that point fiat would already be dead.

USD, the yuan etc. are fiat but they are backed by incredibly powerful governments that require taxes in their currency. Cryptos are only worth what someone else is willing to pay. BTC is more of an asset than a currency but has no use. Gold platinum etc. all have uses beyond a value store.

Interest rates arent at 0, they are low but why should there be a high return on a low risk investment? Inflation wasnt the killer for the great depression, it was deflation.

This post was edited by nobrow on Dec 18 2017 11:27am