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"It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting

 
Anonymous Coward
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12/12/2017 01:55 AM
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"It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
"We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," said Borg, president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. Borg is also director of the Alabama Securities Commission.


"This is not something a guy who's making $100,000 a year, who's got a mortgage and two kids in college ought to be invested in."

"You're on this mania curve. At some point in time there's got to be a leveling off. Cryptocurrency is here to stay. Blockchain is here to stay. Whether it is bitcoin or not, I don't know,"

Innovation in technology always outruns regulations: Joseph Borg
[link to www.cnbc.com (secure)]
Eyeball Replacement

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12/12/2017 01:56 AM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Wow.


That is all.
In the eye of the storm ...
Anonymous Coward
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12/12/2017 02:00 AM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
SUSTAINABLE GROWTH!!!!!!!
Anonymous Coward
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12/12/2017 02:13 AM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
they are afraid, good!
Anonymous Coward (OP)
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12/12/2017 08:19 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
"We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," said Borg, president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. Borg is also director of the Alabama Securities Commission.


"This is not something a guy who's making $100,000 a year, who's got a mortgage and two kids in college ought to be invested in."

"You're on this mania curve. At some point in time there's got to be a leveling off. Cryptocurrency is here to stay. Blockchain is here to stay. Whether it is bitcoin or not, I don't know,"
Innovation in technology always outruns regulations: Joseph Borg

[link to www.cnbc.com (secure)]
 Quoting: Goneviral


Wow.


That is all.
 Quoting: Eyeball Replacement


SUSTAINABLE GROWTH!!!!!!!
 Quoting: Anonymous Coward 75636000


POP! as the chinese weasel DUMPS BITCOIN?
Big Duke6

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12/12/2017 08:24 PM

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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Financial Darwinism ... same as it ever was. At least these fools won't be left with an embarrasing garage full of water filters.
Anonymous Coward
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12/12/2017 08:26 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
I was surprised when the local MSM started reporting on the buying mania of crypto's this week. I think this may become the next financial crisis once things get dumped. I could have made a ton of profit off it, but I am still unsure of crypto's.
Anonymous Coward (OP)
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12/12/2017 08:28 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Financial Darwinism ... same as it ever was. At least these fools won't be left with an embarrasing garage full of water filters.
 Quoting: Big Duke6


YA..REMEMBER AMWAY WATER FILTRATION?

with china holding 70 percent of bitcoin and mining operations when they decide to dump..it will crash.

Bitcoin’s Fate Hinges on Huge Chinese Miners

[link to www.bloomberg.com (secure)]
Anonymous Coward
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12/12/2017 08:29 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Didnt ol robo say that a few days back,yep,second mortgage for a bc!
I saw my elderly friend lose his entire retirement in the stock bubble of 2001.
Please folks ,dont be a fool.its too late to get in!
Sell now and run before its too late!
Anonymous Coward
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12/12/2017 08:31 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
In other words, everything's proceeding according to plan.
Rockwell
Rockwell

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12/12/2017 08:31 PM

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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Rape the people with pied piper bitcoin. Then buy the gold.
"All great truths begin as blasphemies." - George Bernard Shaw
Anonymous Coward (OP)
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12/12/2017 08:33 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
here ya go... 2013...790 bucks..now?
[link to www.titanbtc.com (secure)]

Titan Bitcoin 1 BTC - Physical Titan Coin Loaded With One Bitcoin
US $32,000.00
[link to www.ebay.com (secure)]
DRGONZO

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12/12/2017 08:35 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
ZeroHedge is averaging about 5-6 FUD articles a day now.

Last week they were just re-writing previous FUD articles and re-posting them.

most people in the Crypto sphere have caught on to this and ignore ZH
Anonymous Coward (OP)
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12/12/2017 08:39 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
U.S. GOVERNMENT NASTYGRAM SHUTS DOWN ONE-MAN BITCOIN MINT

Just before Thanksgiving, he says, he received a letter from the Financial Crimes Enforcement Network, or FINCEN, the arm of the Treasury Department that dictates how the nation's anti-money-laundering and financial crime regulations are interpreted. According to FINCEN, Caldwell needs to rethink his business. "They considered my activity to be money transmitting," Caldwell says. And if you want to transmit money, you must first jump through a lot of state and federal regulatory hoops Caldwell hasn't jumped through.
[link to www.wired.com (secure)]
Anonymous Coward (OP)
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12/12/2017 08:42 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
ZeroHedge is averaging about 5-6 FUD articles a day now.

Last week they were just re-writing previous FUD articles and re-posting them.

most people in the Crypto sphere have caught on to this and ignore ZH
 Quoting: DRGONZO


CNBC INTERVIEWS REGULATOR THAT DISCLOSES ISSUES WITH SECOND MORTGAGES VIDEO...

We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," said Borg, president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. Borg is also director of the Alabama Securities Commission.


[link to www.cnbc.com (secure)]

[link to www.cnbc.com (secure)]
MissCleo

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12/12/2017 08:43 PM

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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
"We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," said Borg, president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. Borg is also director of the Alabama Securities Commission.


"This is not something a guy who's making $100,000 a year, who's got a mortgage and two kids in college ought to be invested in."

"You're on this mania curve. At some point in time there's got to be a leveling off. Cryptocurrency is here to stay. Blockchain is here to stay. Whether it is bitcoin or not, I don't know," Borg said in an interview with "Power Lunch."
[link to www.zerohedge.com]
 Quoting: Goneviral


Wow.


That is all.
 Quoting: Eyeball Replacement


SUSTAINABLE GROWTH!!!!!!!
 Quoting: Anonymous Coward 75636000


POP! as the chinese weasel DUMPS BITCOIN?
 Quoting: Goneviral


this is so scary.
#521

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12/12/2017 08:47 PM

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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Titan Bitcoin 1 BTC - Physical Titan Coin Loaded With One Bitcoin
US $32,000.00
[link to www.ebay.com (secure)]
 Quoting: Goneviral


Probably a tungsten-filled fake. chuckle
teslawasriteuno
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12/12/2017 08:47 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
I really hate to break it to all the Crypto-ignorant, but Cryptos are not in a bubble. They are the pin that is popping the Fiat bubble as I write. It will become painfully obvious by middle of next year and all you Poo Pooer will be eating crow and jumping out windows.
Anonymous Coward
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12/12/2017 08:58 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Cameron and Tyler Winklevoss wealth has to come from somewhere, so people mortgaging their homes makes sense.

The heavy hitters will slowly sell out in very small numbers so not to cause panic.
Anonymous Coward
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12/12/2017 09:00 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
ZeroHedge is averaging about 5-6 FUD articles a day now.

Last week they were just re-writing previous FUD articles and re-posting them.

most people in the Crypto sphere have caught on to this and ignore ZH
 Quoting: DRGONZO


CNBC INTERVIEWS REGULATOR THAT DISCLOSES ISSUES WITH SECOND MORTGAGES VIDEO...

We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," said Borg, president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. Borg is also director of the Alabama Securities Commission.


[link to www.cnbc.com (secure)]

[link to www.cnbc.com (secure)]
 Quoting: Goneviral




Strong sell signal on btc wow desparation
Anonymous Coward
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12/12/2017 09:05 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
blahblah5
Anonymous Coward
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12/12/2017 09:09 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Financial Darwinism ... same as it ever was. At least these fools won't be left with an embarrasing garage full of water filters.
 Quoting: Big Duke6


lmao
Anonymous Coward
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12/12/2017 09:17 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Wow.


That is all.
 Quoting: Eyeball Replacement


This.

The time to buy was 5+ years ago.

Or even 1 year ago.

Tards gonna tard though.
Anonymous Coward
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12/12/2017 09:17 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
with china holding 70 percent of bitcoin and mining operations when they decide to dump..it will crash.

Bitcoin’s Fate Hinges on Huge Chinese Miners

[link to www.bloomberg.com (secure)]


According to the header at link, China is also "home to 90% of bitcoin trades."
Anonymous Coward
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12/12/2017 09:18 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Financial Darwinism ... same as it ever was. At least these fools won't be left with an embarrasing garage full of water filters.
 Quoting: Big Duke6


lmao
 Quoting: Anonymous Coward 34851405


At least those have a valuable use, now more than ever.
Fungi-69-
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12/12/2017 09:37 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
man if bitcoin crashes the bankers stand to make a lot of real asset gains huh? houses, cars, gold, silver, your children's futures, oopsies...
Anonymous Coward
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12/12/2017 09:40 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
"here to stay"

nice lie
Anonymous Coward
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12/12/2017 09:45 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Memo to tards. Never use your home as a piggy bank.bert-facepalm
X1811

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12/12/2017 09:47 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
Like my friend during the housing bubble who kept refinance his mortgage because it was (his words), “free money”.

:6flag8:
All characters and events in this forum --even those based on real people-- are entirely fictional. All celebrity comments are impersonated...poorly. The above post contains coarse language and due to the content it should not be viewed by anyone.
Anonymous Coward
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12/12/2017 09:50 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
man if bitcoin crashes the bankers stand to make a lot of real asset gains huh? houses, cars, gold, silver, your children's futures, oopsies...
 Quoting: Fungi-69- 75964861


"See, a de-centralized system cannot stand!" says the central banker!
Lesson learned is the moral!
Anonymous Coward
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12/12/2017 09:53 PM
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Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
bsflag





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