discuss The crypto market is going crazy!

Only liquid assets have very little speculation IMO, there is no guarantees in any investment, but when a market is locked because there is no inventory available to freely purchase, it is pretty low to medium yield.

Examples: Event-concert and ect tickets, once sold out at the box office, people always have to pay a premium to get tickets to the shows.

The big children's Christmas Toy every year, Cabbage Patch dolls, Tickle me Elmo and ect, Once sold out at the stores, every year, year in and year out, end up selling on the secondary market at premium pricing.

I have done both of the above through the years, It takes a lot of capital, but the return is 800%+

BaileyUK said:

and your balance is ZERO.

With age and due diligence, I think we will get to look back and say the money-market needed a new awareness of the 'Computer-revolution' taking a new hold, nothing wrong with that. A new economics, I don't think so - just wishful thinking by the gullible more like

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You are living under the rock and many years behind. Hope you wake up some day to see the light of the day.

Windoms said:

A state has to store money thatll be available at all times. Its wealth. Nothing beats gold. Gold is the only option. You have war, you lose, your currency and investments are destroyed, gold stays and keeps its value.
@MarketingStrategies.com trade is not speculation.

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Gold is good. Trade is not investing.

You acquire assets that will produce wealth. You invest. Trade is investing.

Windoms said:

You acquire assets that will produce wealth. You invest. Trade is investing.

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ok

Or maybe its my english.
Im assuming trade is the same as trading.
And that investing is the same as investment.

Fiat money comes into existence through someone mortgaging their future labor or otherwise as an IOU.

Money is debt.

That said, money can be destroyed as quickly as it can be created from nothing.

It's not just the Federal Reserve responsible for money creation, retail banks are too.

The USD is backed by the people who rely on it. It is blood of the global financial system. It is also backed by the might of the US military.

The money revolution will continue to wake people up and introduce them to fundamentally more sound money in crypto.

It's a bit like how email offered an alternative way to communicate the written word to someone instead of mailing letters. The postal service continues to this day. Crypto won't get rid of retail or central banks but it will grow exponentially.

We are early adopters right now, like domains circa 1998!

Kate said:

Speculating is not the same as investing.

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If I buy a LL .com am I investing or speculating? Who’s to say?

You are doing both, Investing and speculating, But one thing you would know, you will be able to sell that LL.COM , rather you take a loss or gain, you will be able to sell it.

we never know what dividends we can pull when initially investing in anything up and coming or already established for that matter.

Keith said:

If I buy a LL .com am I investing or speculating? Who’s to say?

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I think it depends on the quality of the research one does to appraise its asset value and the actual price he pays to acquire it.

Ace3coiner said:

You are living under the rock and many years behind. Hope you wake up some day to see the light of the day.

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Heh..I don't see the post you quote, where they said "A new economics, I don't think so - just wishful thinking by the gullible more like"

New currencies happen all the time. I said above, gold never failed, only abandoned or perverted.

There's history to follow, like this:


Of the 599 failed paper currencies, researchers found:

-- 30 percent, or 184, ended with monetary unions, dissolution or other reforms, like the creation of the euro in 1999;

-- 15 percent, or 94, ended via acts of independence (such as former colonial states gaining their independence and renaming or issuing new currency);

-- 27 percent, or 156, were devastated by hyper-inflation caused by over-issuance of paper money by governments and central banks (sound familiar?); and

-- 28 percent, or 165, were destroyed by war -- deemed invalid through military occupation and/or liberation (think Confederate dollars).

And there is this: Most paper "fiat" currencies last 38-39 years -- the U.S. went off the gold standard completely in 1971, or about 43 years ago.

People love to debate what caused the roman empire to collapse. Maybe more than one thing, but mostly, MAYBE even wholly, this:

This isn't even in school textbooks as far as I know! seem familiar?

I think someone would be "gullible" to think this time is different.

.X. said:

My wife and i, In 1995, Purchased 5K worth of gold, we bought it at 386.11 an ounce. they gave me a slip of paper showing my investment, and told me i could take the piece of paper and cash my gold in when i wanted to. I said, hell no,you need to give me my actual gold

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Your story put a smile on my face. I keep my gold under my bed in a safe, With any luck i'll never need to use it

Keith said:

If I buy a LL .com am I investing or speculating? Who’s to say?

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This is pretty easily defined by time horizon If you buy a LL.com or any other asset class

Sell Period 0-6 Months speculating
Sell Period 6 Months-Beyond investing

This is pretty straight forward if you buy a LL.com today on namejet you can sell the name for $250k loss or profit within the a short time frame

Whilst fundamental analysis shows LL.com grows x-xx% year-on-year

Two different methodology's governed by time

MSN-Domains said:

Whilst fundamental analysis shows LL.com grows x-xx% year-on-year

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It's safer to say that is has been growing the last N years at x%. Doesn't mean it will keep growing.

Asfas1000 said:

It's safer to say that is has been growing the last N years at x%. Doesn't mean it will keep growing.

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It was a hypothetical example

Asfas1000 said:

I think it depends on the quality of the research one does to appraise its asset value and the actual price he pays to acquire it.

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Bingo.

When you invest in crypto it’s all about doing research and buying in at the right price, same as stocks.

Btw, most seem to think of crypto as currency, which in almost every case is wrong. Think of crypto as stock because that’s what it is.

BALTIMORE (AP) -- Earlier today a joint task force of IRS, SEC and local law enforcement raided the offices of Ecalc Crypto Trust as part of a nationwide crackdown on unlicensed financial services. The Trust has operated openly since 1993 as a safe haven for tax evaders and money launderers. Authorities targeted Ecalc after an NSA wikileak showed that the company diverted client funds from BTC to equity stakes in distressed dividend yielding multinational corporations and section 8 real estate. Message boards lit up immediately after the raid as outraged clients complained about being invested in real businesses. Company founder Ecalc remains free. He issued a rambling statement about picks, shovels, widows, orphans and type in traffic. Transcripts are available. Agents filled two vans with evidence, returnable bottles and Clara Barton Peller Where’s the Beef memorabilia.

MadAboutDomains said:

I'm confused. All signs I look for show that crypto is going down the toilet. All the graphs are steadily declining.

Google trends shows that the big hype is all but gone:
https://trends.google.com/trends/explore?date=2017-01-01 2018-09-22&q=Cryptocurrency

@Keith please can you show us some positive signs? I remember watching loads of videos to do with Crypto and the blockchain 2 years ago, they were talking about these new monetary platforms centred around the blockchain... where are they and what is the big impact that they've been having?

Sedo just finished up their crypto domains auction and it was a damp squib.

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Interesting how USA ranks a low #12 on the google trends list when it's #1 in the world financial markets.

MSN-Domains said:

Your story put a smile on my face. I keep my gold under my bed in a safe, With any luck i'll never need to use it

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I hope you keep a gun nearby too, I wouldn't be saying this on a public forum, especially one like domains where they can find your address in 2 seconds

creataweb said:

I hope you keep a gun nearby too, I wouldn't be saying this on a public forum, especially one like domains where they can find your address in 2 seconds

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It's 2018 who wants gold? Do you even know what gold looks like? Least of all does anybody understand it's use, 90% of the folks on this forum want a (protocol) code that is "going to the moon"

Maybe 20 years ago you could be concerned. I'm pretty sure any modern day thief would identify a apple product more valuable than gold

MSN-Domains said:

It's 2018 who wants gold?

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Is it as coins or blocks? Which side of the bed?

Cheers

PS: Got any Apple products?

Keith said:

Bingo.

When you invest in crypto it’s all about doing research and buying in at the right price, same as stocks.

Btw, most seem to think of crypto as currency, which in almost every case is wrong. Think of crypto as stock because that’s what it is.

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It's possible to sell/buy domains and web hosting with bitcoin. If you search you will find freelancer sites that work with btc. You can find jobs or can hire freelancers for your online projects. Crypto is currency. It's just not popular in real (offline) life.

Crypto is rather electronic money like credit cards/online bank transfers as you need electronic devices to use. Paper money or gold coins in pocket doesn't need anything electronic. This difference leads confusion -especially among old fashion people- on currency regardless of fiat or crypto. If you comprehend better the difference between physical money and electronic money, you can understand crypto currency concept better.

Today

BaileyUK said:

haha, so you've reinvented money, an alternative to a economics based value system - what a load of sh*t

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It's not like even the Federal Reserve can tell us what the actual value of a dollar is. Doing the magic presto of money creation out of thin air (banks) doesn't seem all that much of a different concept. I actually even started calling the dollar "credits" for a while, for the sake of accuracy.

BTC, ETH or LTC... may not be future currency but blockchain is future technology.