03-01-2021, 11:49 AM
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#2761
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Franchise Player
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Quote:
Originally Posted by Krovikan
This is an overly aggressive post, with claims with no substance, welcome to my ignore list.
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Except it is correct? You made the claim, with no substance , that it was 'Hard' to sell/
You can literally sell the price of a Tesla in Bitcoin in seconds and withdrawal to your bank the next day.
Lots of exchanges have Visa and MC's attached to them as well so you can sell and withdraw as cash/buy at a store
Why do you think it is 'Hard' to sell Bitcoins? Hell, even my locally run corner convenience store has a Bitcoin ATM (These take outrageous fees - Do Not Use)
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The Following 2 Users Say Thank You to Jason14h For This Useful Post:
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03-01-2021, 12:05 PM
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#2762
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Powerplay Quarterback
Join Date: Mar 2006
Location: In my office...is it 5:00 yet???
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HITI earnings after close today and earnings call tomorrow
Going to be interesting to see if this one starts moving, with earnings expected to exceed targets by a fair margin
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03-01-2021, 12:43 PM
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#2763
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Franchise Player
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Quote:
Originally Posted by Krovikan
This is an overly aggressive post, with claims with no substance, welcome to my ignore list.
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Someone asked for advice and you gave them misinformation...claims and no substance was your post actually.
I sold ETH at 1AM last Tuesday night and it took me 30 seconds. It is in fact not hard to sell coins these days. My bank has hours and downtime...bitfinex doesn't.
I apologize for hurting feelings but while we can debate the merits of Crypto perpetuating myths about it aren't helpful to anyone looking to invest.
Kevin O'leary just put 3% of his portfolio into BTC and ETH for what its worth
__________________
GFG
Last edited by dino7c; 03-01-2021 at 12:47 PM.
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03-01-2021, 12:52 PM
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#2764
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Not to comment on crypto, but I'm not sure doing what Kevin O'leary does is necessarily a strategy for success...
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03-01-2021, 01:05 PM
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#2765
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Franchise Player
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Quote:
Originally Posted by Fuzz
Not to comment on crypto, but I'm not sure doing what Kevin O'leary does is necessarily a strategy for success...
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Point is more whales buying...3% of his portfolio is a massive amount of money. He does have a lot of followers too.
__________________
GFG
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03-01-2021, 01:28 PM
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#2766
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Celebrated Square Root Day
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Quote:
Originally Posted by HitterD
HITI earnings after close today and earnings call tomorrow
Going to be interesting to see if this one starts moving, with earnings expected to exceed targets by a fair margin
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I just FOMO'd a few hundred dollars in play money into this upon reading your post, with zero follow up reading or research.
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03-01-2021, 01:30 PM
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#2767
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Celebrated Square Root Day
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Quote:
Originally Posted by Fuzz
Not to comment on crypto, but I'm not sure doing what Kevin O'leary does is necessarily a strategy for success...
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Quote:
Originally Posted by dino7c
Point is more whales buying...3% of his portfolio is a massive amount of money. He does have a lot of followers too.
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Is Kevin O'Leary known for making bad moves or something? I don't really follow him, but thought he was one of the better investors out there?
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03-01-2021, 01:38 PM
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#2768
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First Line Centre
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Anybody own KORE mining before their split?
It's kind of confusing about the 1/2 amount of Karus Gold shares worth $0 and the 1/4 amount of Karus Gold warrants, also worth $0... expiring March 15.
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03-01-2021, 01:44 PM
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#2769
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Franchise Player
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Quote:
Originally Posted by dino7c
I hold BTC, ETH, and ADA
I have held BTC since early 2017 when it was $1500 and people in the other thread were mocking me for buying whole coins at that price. I would be shocked if BTC isn't over 100k this year, ADA over $10, and Either over $5k. Still in a bull cycle if you look at the historic 4 year cycles.
Have to warn you though lots of people will be butt hurt when you make money.
IMO ADA is the best buy right now...BTC at 100k is only 2x, ADA should 8x at least
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This is why you get so much flack - just moronic.
No one begrudges others making money. The fact that some people aren't full-on fan boys like you, does not mean they are rooting against others' success.
But you do you.
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03-01-2021, 01:47 PM
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#2770
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First Line Centre
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Can we keep the Crypto talk in the Crypto thread?
I'm getting flashbacks of all my BTC and ETH disappearing on that BS QuadrigaCX scam.
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The Following 6 Users Say Thank You to TSXCman For This Useful Post:
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03-01-2021, 01:58 PM
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#2771
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Celebrated Square Root Day
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Quote:
Originally Posted by HitterD
HITI earnings after close today and earnings call tomorrow
Going to be interesting to see if this one starts moving, with earnings expected to exceed targets by a fair margin
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When is the earnings call scheduled for?
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03-01-2021, 02:00 PM
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#2772
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Powerplay Quarterback
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Quote:
Originally Posted by Jason14h
Except it is correct? You made the claim, with no substance , that it was 'Hard' to sell/
You can literally sell the price of a Tesla in Bitcoin in seconds and withdrawal to your bank the next day.
Lots of exchanges have Visa and MC's attached to them as well so you can sell and withdraw as cash/buy at a store
Why do you think it is 'Hard' to sell Bitcoins? Hell, even my locally run corner convenience store has a Bitcoin ATM (These take outrageous fees - Do Not Use)
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I am not aware of withdrawal without the risk of massive fraud ie. Quadriga and loss of money, I also was not aware of being able to withdrawal to credit cards without massive fees and limitations.
I'm also curious about your statement "You can literally sell the price of a Tesla in Bitcoin in seconds and withdrawal to your bank the next day." because the Canadian government restricts transactions of 10k, historically I have seen transaction times of 5-business days on these type of transactions about exchanges.
Maybe I am wrong, and I'd be really interested in knowing how they did as the risk has kept me holding onto cryptocurrency that I would like to divest.
As for the post is right, right about what? that they weren't interested in a meaningful conversation and just wanted to attack a fellow forum user?
Last edited by Krovikan; 03-01-2021 at 02:51 PM.
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03-01-2021, 02:04 PM
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#2773
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Franchise Player
Join Date: Jun 2003
Location: N/A
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Well I’ll call that a good day!
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The Following 3 Users Say Thank You to MJK For This Useful Post:
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03-01-2021, 02:15 PM
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#2774
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Franchise Player
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Quote:
Originally Posted by Krovikan
I am not aware of the risk of massive fraud ie. Quadriga and loss of money, I also was not aware of being able to withdrawal to credit cards without massive fees and limitations.
I'm also curious about your statement "You can literally sell the price of a Tesla in Bitcoin in seconds and withdrawal to your bank the next day." because the Canadian government restricts transactions of 10k, historically I have seen transaction times of 5-business days on these type of transactions about exchanges.
Maybe I am wrong, and I'd be really interested in knowing how they did as the risk has kept me holding onto cryptocurrency that I would like to divest.
As for the post is right, right about what? that they weren't interested in a meaningful conversation and just wanted to attack a fellow forum user?
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I have withdrawn more than 10k multiple times so again I'm not sure where this info is coming from. Use a better exchange? I didn't attack you I attached the information that was wrong.
__________________
GFG
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03-01-2021, 02:25 PM
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#2775
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Franchise Player
Join Date: Mar 2005
Location: Van City - Main St.
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Quote:
Originally Posted by dino7c
You really think that many people will buy Tesla's with BTC? Also, that isn't cashing out its just transferring.
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Turning your investment into a depreciating asset is definitely cashing out.
The rise of bitcoin is largely due to people who have it cheering on it's rise.
If enough people were to sell out, they'd no longer care about it going up and therefore it wouldn't.
Now I have no idea if enough people will buy Tesla's with Bitcoin for that to be a concern, but it's certainly not transferring.
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03-01-2021, 02:31 PM
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#2776
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Franchise Player
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Quote:
Originally Posted by Winsor_Pilates
Turning your investment into a depreciating asset is definitely cashing out.
The rise of bitcoin is largely due to people who have it cheering on it's rise.
If enough people were to sell out, they'd no longer care about it going up and therefore it wouldn't.
Now I have no idea if enough people will buy Tesla's with Bitcoin for that to be a concern, but it's certainly not transferring.
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No they would be transferring their BTC from their BTC account into Tesla's BTC account. It wouldn't be cashed unless Tesla cashed it out.
__________________
GFG
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03-01-2021, 02:40 PM
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#2777
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Powerplay Quarterback
Join Date: Mar 2006
Location: In my office...is it 5:00 yet???
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Quote:
Originally Posted by jayswin
When is the earnings call scheduled for?
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Report to be released sometime tonight, earnings call best I can tell is 8:30 est tomorrow morning
I’m only in this one with a bit of fun money too (local company bias lol) but today’s 20% increase got me back to the green on where I bought in. Hoping to start seeing some steady increaes
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03-01-2021, 02:43 PM
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#2778
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Celebrated Square Root Day
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Do you have a limit sell on it? I was thinking of placing one, but then thought I'll just actively manage tomorrow morning and maybe place one a bit later, as I'm doing this blind anyways, lol.
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03-01-2021, 02:55 PM
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#2779
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Quote:
Originally Posted by jayswin
Is Kevin O'Leary known for making bad moves or something? I don't really follow him, but thought he was one of the better investors out there?
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His initial business sale was a borderline con job. He made billions on it, but also got sued for misleading investors. Nearly destroyed Mattel. Years ago my broker got me into some of his funds, which I had for a good 5 years, they never did anything(I may have even lost some, don't recall). It wasn't what I'd call brilliant performance, anyway. Then his failed leadership drive. So I don't really consider him someone who's moves I should follow. Not to comment on crypto in this, just in general.
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The Following 2 Users Say Thank You to Fuzz For This Useful Post:
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03-01-2021, 02:56 PM
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#2780
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Powerplay Quarterback
Join Date: Mar 2006
Location: In my office...is it 5:00 yet???
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Quote:
Originally Posted by jayswin
Do you have a limit sell on it? I was thinking of placing one, but then thought I'll just actively manage tomorrow morning and maybe place one a bit later, as I'm doing this blind anyways, lol.
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Assuming this was for me right? If so I’m thinking the same thing
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