"It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting | |
JOHN User ID: 73276454 Canada 12/13/2017 01:54 AM Report Abusive Post Report Copyright Violation | Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting My best freind in less than 90 days made so much that he payed the max yearly payment amount allowed with his mortgage and applied it to the principle in the amount of 23K The money he used was sitting in a savings account earning 2.XX% Had he used a equity line of credit he could have payed it back and put in 10's of thousands of equity into his home in the same time period. I am not suggesting anyone do this We practiced mock trading and spent three weeks learning before we leaped. Lesson is HOLD. So servicing a debt while holding might not be the right choice for you and then again you are the best person qualified to make that determination for yourself. |
hankie
Everything User ID: 75555467 United States 12/13/2017 01:57 AM Report Abusive Post Report Copyright Violation | Re: "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting So the federal reserve is the ones who are running this? Sounds as if it is, 1929 crash and it was a mania on the stock market then they crashed it and took over a lot of companies and corporations. Bitcoin is a fiat coin whether it bit or paper still the o and 1s by 10 to the power of a 10 or more, it rigged to crash. Sorry I got a headache These are the times that tries men's and women's souls! May we come though it victorious! |
Anonymous Coward User ID: 75402404 United States 12/13/2017 02:03 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73317202 United States 12/13/2017 02:05 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Goneviral "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)] You know what is amazing This is exactly word for word what Dave R amsey said on his show this afternoon and wasnputting it off as his own words Sounds like a script is going around to scare people away from an asset that will end up toppling the fiat system |
Anonymous Coward User ID: 72584879 United States 12/13/2017 02:12 AM Report Abusive Post Report Copyright Violation | 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 don't think we are anywhere near the mania phase yet.....this run up still has a lot of leg.....when the computer challenged want to buy bitcoins, then you can be sure it done.... Quoting: Anonymous Coward 73364948 Mania Phase. I swear to God I read that as Mariana trench. Life is weird. Bitcoin is a shit sandwich however. Money from nothing is something only the US government, and the Swiss bank can pull off. Good luck winning against those odds. Not the Swiss, great people, would hurt a fly. The US Military though.....they have been known to break some shit! I will put my trust in the open-sourced code over the closed-off Federal Reserve and corrupted US gov ANY DAY, or at the very least until the two have been cleansed. This is why BTC is going up, bc I am not alone. The concept is sound. However the Bitcoin blockchain is not the future. It is old technology and will be replaced with other cryptos. Make damn sure you're out of it before that happens. |
Anonymous Coward User ID: 73652036 United States 12/13/2017 02:46 AM Report Abusive Post Report Copyright Violation | |