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discuss 10x Your Money In Domains Or Crypto Currency?

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Silentptnr

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A lot of domain investors also invest in crypto currency it seems as of late. I usually feel pretty confident that a domain I carefully acquire today will be a 10x+ my investment including holding time. If say, I were to buy bitcoin today, is it feasible that i would get 10x my money?
 
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its really hard to compare crypto and domains. I personally invest in both...and while crypto provides liquidity domains produce larger ROI with the right name. I feel everyone should be in both they are both great digital assets and getting into crypto allows you to buy smarter domains.
 
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I sold half yesterday and cashed out.

Maybe my buy orders are too low, or maybe I'll get 4x more bitcoin from having sold 7k-9.5k In case I'm wrong, I still ride with 6 that aren't for sale and investments in some good alts.

Once you’ve sold a stock, or something like this, it takes tremendous discipline to buy it back higher. Most can’t do it, and will instead sit there watching it zoom up and out of sight, unable to allow themselves to buy back in at higher than what they sold at.
 
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My wife and I made a decision Sept of 2016 to invest a healthy amount in BTC.
I sold "my half" she held hers.... either way we are extremely happy with the roi.
With other Alt coins in our holdings, including etherium, ripple etc the future looks good.

As stated in the first page of this thread.
 
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The ones you sold are an independent event and shouldn’t be affected by whatever else you have going on. What I wrote above is true for most people - they can’t bring themselves to buy back at a price higher than what they sold at. BTC could get to 50k and you’ll have half the coins only not the full you had.
 
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The ones you sold are an independent event and shouldn’t be affected by whatever else you have going on. What I wrote above is true for most people - they can’t bring themselves to buy back at a price higher than what they sold at. BTC could get to 50k and you’ll have half the coins only not the full you had.

6 coins?
What on earth are you talking about?
 
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it has been artificially pumped. Time will tell how it plays out. Maybe my buy orders are too low, or maybe I'll get 4x more bitcoin from having sold 7k-9.5k. In case I'm wrong, I still ride with 6 that aren't for sale and investments in some good alts.

@Richard Blair spoke about 6 coins...
I'm @SirDrago Just to clear this up and with all due respect our investment was far greater than 12 BTC.
 
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I can not buy bitcoins where I can buy domains anytime

I tried to buy and opened many accounts and sent documents but nothing is working for me.
Same here...bro.lets keep trying.lol
 
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The ones you sold are an independent event and shouldn’t be affected by whatever else you have going on. What I wrote above is true for most people - they can’t bring themselves to buy back at a price higher than what they sold at. BTC could get to 50k and you’ll have half the coins only not the full you had.

To Richard Blair and SirDrago:

You’re out Tom.
 
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In the past few days, I am getting many vague whois inquiries from disposable type, or fresh emails for crypto currency type domains, like is this domain for sale, if so what is your price, when it clearly goes to a landing page with link.

It would be nice to see some major registers start to accept, and payout in bitcoin. While away on business I actually walked into a pizza shop that had a bitcoin ATM inside of it, the downside was they had set the % much to high at 12%.

The spreads are so wide, I hate losing money like that, even though I still choose t use my CC to spend, and just collect coins, I wonder if it would be good to start a thread here for people who want to buy, and sell?

Also one thing newbies really need to understand when transferring is the sat/b fee, you really want to get this down, otherwise you will be wondering what happend.

The interesting thing is bitcoin would actually thrive on chaos, or in times of choas, I would assume that is why the current regime, and the way they operate the country make it more desirable for some.
 
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The spreads are so wide, I hate losing money like that, even though I still choose t use my CC to spend, and just collect coins, I wonder if it would be good to start a thread here for people who want to buy, and sell?

I try to get Bitcoin for the names I sell. If I run it through NS, then I can withdraw in Bitcoin, but direct sales seem to be negotiated in fiat ( mainy dollars ). Where someone is prepared to pay using Bitcoin, they seem to want reseller prices. :)
 
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Anyone here use the electrum wallet, any pros/cons?
 
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As I posted earlier today, I accepted an over ten grand payment in BTC a couple days ago from a client. That is now worth over twelve grand.

Today, even with BTC at $11K, I am accepting a payment for a couple hundred dollars.

I believe in BTC and do not hesitate to accept it.

For the past five years or so, anyone wanting to pay me for my services, or for anything else, in BTC, I have accepted, and HELD! (HODL, lol)

---

As far as merchants, there are processors who will allow them to accept BTC and lock in for them receipt of a certain dollar sum. These processors assume the risk of BTC fluctuations so that the merchant does not need to.
 
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.LY was also popular previously...
My friend even sold instant.ly for $32K to some startup...
Within few years this startup was closed... And nothing new and special here, it happens regularly with many startups...

instant.ly as the service was acquired by surveysampling, hence the move.
 
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Well I got into Crypto late 2013, by late 2015 I had accumulated around 2 BTC by getting paid in BTC for small online tasks. At the time 1 BTC was worth $300-$400. I could've saved a lot more if I hadn't invested in scammy altcoin ICO's, I lost a lot of coins this way, probably around 2 BTC. Today 1 BTC is worth $11,000, that's nearly x30 increase in 2 years :xf.grin:. Have to say though, never thought Bitcoin would reach that high, not even in my wildest dreams. My hope was that it would reach $1500 some day years into the future :xf.laugh:.
I heard there are predictions that it could reach $40k by end of 2018 :xf.love:
 
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What do you guys think of rumours of eth to $1k, these pushes remind me a lot of the pattern of what most of us came to know of chips in 2015, and how they went from a floor of 800 or so, to a floor of $2500, and now back to a floor of $2500.

There was a very active 4L buyer here called Domainzy, most would remember, he recommended to me to buy eth at $12, there is a reason we haven’t seen him around in a while, as he was loading up.

I think a lot of this is technical, and a lot of it is portfolio shifting. People have made tremendous profits in the stock market this year, year end selling is huge, many can afford to take a risk and invest into crypto currencies. There is maybe 4 I really trust btc eth xrp and ltc.

To us as domainers we can see a function for crypto currency, but I have a lot of friends who are professionals, and they are hesitant, they know if they keep their coins on a mobile they can be hacked, they are scared of losing their cold storage device, it isn’t a efficient system in that respect. I can imagine there are many coins that simply are locked out forever. Many also cannot get over the sat/b rates, and having to up them for quicker transactions.

What I do tend to hear a lot of us that a small percent own the majority of the coins, I don’t know if it is true, but I would assume over time that gets sold off, to rich oil Barron’s in the Middle East, dictators in the Africa’s, titans in Russia etc... it’s just not us, Bitcoin thrives more in economies with unstable governments, and inflationary economies which there are many. I know China is trying to curb this randomness, but that is the only real downside, what can the government do to interfere wit this 800 lb gorilla.

To be honest, I think we are at a plateau right now, and people are calling for higher highs, but I can’t see it happening unless a company like amazon comes on board. We know eBay won’t, but it will take an amazon to move the pendulum.

Given there can only be 21M bitcoins ever, this is a small sample, based against a worldwide population. I understand both sides of the argument, at the end of the day bitcoin is really nothing more than a set of binary numbers, then again the paper that dollars are printed on are pretty much the same thing, just paper.
 
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Given there can only be 21M bitcoins ever? is that a true statement? if that is the case surely it will continue to rise.
 
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It is true that there may never be more than 21m btc but it will be 2140 before we approach that.

However, it is like a Calculus limit approaching zero - well before that date there will be many other limits approached that should skyrocket the price.

For example, by January 2018, 80% of all bitcoin will have been mined.
https://themerkle.com/80-of-all-bitcoins-will-have-been-mined-in-a-year-from-now/
 
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What do you guys think of rumours of eth to $1k

I understand both sides of the argument, at the end of the day bitcoin is really nothing more than a set of binary numbers, then again the paper that dollars are printed on are pretty much the same thing, just paper.

BTC is the Original and Best and will be the leader percentage wise but ethereum should do well too. Take a look at how btc is pushing $12k now but ethereum still below its all time high.

Good point ever since the dollar went off the gold standard what is behind it anyway?
 
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BTC is the Original and Best and will be the leader percentage wise but ethereum should do well too. Take a look at how btc is pushing $12k now but ethereum still below its all time high.

Good point ever since the dollar went off the gold standard what is behind it anyway?
Where else can you make 33 percent in 3 days. I saw on my local news next week they are doing a segment of what is bitcoin, and how to buy it.

I tend not to watch it, much like the stock market, it just makes you do silly things. Obviously miners tend to sell their goods to pay for operations etc..., but I don’t know anyone else who is actively selling now after $10k. Everyone wants to see what happens with it, boom or bust, they don’t want to be the person who sold at $10k, when it sits at $40k. As mentioned previously the psychological factor of paying more tha you sold to renter is a tough hurdle to jump for most.

As domainers are best play here is to acquire via domain sales if we can.

Got a $2k offer on a bitcoin roulette related domain today, hopefully they have some to pay with, and if we can keep adding via this mean we sort of hedge our risk of getting stung not as hard at the same time, if it crashes.
 
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What do you guys think of rumours of eth to $1k, these pushes remind me a lot of the pattern of what most of us came to know of chips in 2015, and how they went from a floor of 800 or so, to a floor of $2500, and now back to a floor of $2500.

There was a very active 4L buyer here called Domainzy, most would remember, he recommended to me to buy eth at $12, there is a reason we haven’t seen him around in a while, as he was loading up.

I think a lot of this is technical, and a lot of it is portfolio shifting. People have made tremendous profits in the stock market this year, year end selling is huge, many can afford to take a risk and invest into crypto currencies. There is maybe 4 I really trust btc eth xrp and ltc.

To us as domainers we can see a function for crypto currency, but I have a lot of friends who are professionals, and they are hesitant, they know if they keep their coins on a mobile they can be hacked, they are scared of losing their cold storage device, it isn’t a efficient system in that respect. I can imagine there are many coins that simply are locked out forever. Many also cannot get over the sat/b rates, and having to up them for quicker transactions.

What I do tend to hear a lot of us that a small percent own the majority of the coins, I don’t know if it is true, but I would assume over time that gets sold off, to rich oil Barron’s in the Middle East, dictators in the Africa’s, titans in Russia etc... it’s just not us, Bitcoin thrives more in economies with unstable governments, and inflationary economies which there are many. I know China is trying to curb this randomness, but that is the only real downside, what can the government do to interfere wit this 800 lb gorilla.

To be honest, I think we are at a plateau right now, and people are calling for higher highs, but I can’t see it happening unless a company like amazon comes on board. We know eBay won’t, but it will take an amazon to move the pendulum.

Given there can only be 21M bitcoins ever, this is a small sample, based against a worldwide population. I understand both sides of the argument, at the end of the day bitcoin is really nothing more than a set of binary numbers, then again the paper that dollars are printed on are pretty much the same thing, just paper.

For anything to be considered an investment, there should be some solid reason behind the purchase of shares, or coins etc.

I still can not see the logic. Can anyone ?
 
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For anything to be considered an investment, there should be some solid reason behind the purchase of shares, or coins etc.

I still can not see the logic. Can anyone ?
Use, is the number one reason, along with a purpose. It has an audience of people who want an anonymous way to pay for whatever they want, and for however they want without someone watching over them.

For that privledge you need to invest into the coin, and the platform. You are hoping more people have this need, than the supply of coins causing a premium to be paid.
 
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Use, is the number one reason, along with a purpose. It has an audience of people who want an anonymous way to pay for whatever they want, and for however they want without someone watching over them.

I understand this, and perhaps it explains the rise of bitcoin from $1 or $10 to the thousands.

But at the current levels, who can say that the price will go further up, with any kind of certainty.
 
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its really hard to compare crypto and domains. I personally invest in both...and while crypto provides liquidity domains produce larger ROI with the right name. I feel everyone should be in both they are both great digital assets and getting into crypto allows you to buy smarter domains.
I understand this, and perhaps it explains the rise of bitcoin from $1 or $10 to the thousands.

But at the current levels, who can say that the price will go further up, with any kind of certainty.
Easy, no one. That's the nature of investing.
 
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Easy, no one. That's the nature of investing.

Ha ! And even that simple phrase can be wrong.
How can you be sure that noone else knows something important that you, or most people, don't ? (insider-knowledge).
 
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