Crypto Challenge.

petros

The Central Scrutinizer
Nov 21, 2008
109,491
11,492
113
Low Earth Orbit
Why not invest a thou or two if it is that sure ?
I did. This account was strictly for a bet.

I'm at around $9500 from $500.

This is one crypto is from my account.

$97 Invested up $804 for a coo $905 total.

It's on a bull run.

1000013233.jpg
 

IdRatherBeSkiing

Satelitte Radio Addict
May 28, 2007
14,626
2,378
113
Toronto, ON
This is much the same as putting all your money on hot numbers at a roulette or craps table. As long as your number or colour or dice roll is coming in your portfolio goes up and up. When it doesn't, then it doesn't. Both the roulette table and craps table and the crypto market have the same soundness of investment behind them. So enjoy your run. The only difference with a craps table sometimes you have a hot blonde beside you to blow on your dice.
 

petros

The Central Scrutinizer
Nov 21, 2008
109,491
11,492
113
Low Earth Orbit
This is much the same as putting all your money on hot numbers at a roulette or craps table. As long as your number or colour or dice roll is coming in your portfolio goes up and up. When it doesn't, then it doesn't. Both the roulette table and craps table and the crypto market have the same soundness of investment behind them. So enjoy your run. The only difference with a craps table sometimes you have a hot blonde beside you to blow on your dice.
You can't cash out on roulette when you see 14 red not going to happen then take your cash or reinvest moments before the Coupier calls 00 green and rakes the table. 35:1 at random is random but a predictable 1:∞ is a whole new game.

I can walk into my credit union and buy crypto currencies or manger it myself on wealth simple as an example. CRA tracks your data so don't expect to walk away with a shitty mere 35:1 in cash like a casino.

Give it a try. Start with $10 United States of America Federal Reserve USDC crypto bought through your financial institution that you can deposit back whenever you want.

Shit, even the damn USDC can make you 2 pts in a day if you pay attention.

There are several flavours of backed crypto to choose from.

Start with 10 USDC on CUDOS for one week. If you don't earn. I'll make up the difference.

Here's what I pulled off on $26 with that one in the "challenge account"

It's on a bull run. See above for my personal.

1000013242.jpg

1000013243.jpg

I can sell to fiat CAD anytime.
 

TheShadow

Electoral Member
Apr 24, 2020
868
399
63
Grand Bend
I took some money and bought a whole bunch of silver bars.

Not as exciting to watch but I'm going to find a shadow box and frame them and put it on the wall as art.
 
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petros

The Central Scrutinizer
Nov 21, 2008
109,491
11,492
113
Low Earth Orbit
ALI
With a price increase of 9.30% in the last 7 days, Artificial Liquid Intelligence (ALI) is outperforming the global cryptocurrency market which is up 0.00%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
 

bob the dog

Council Member
Aug 14, 2020
1,173
921
113
$10 billion in first quarter profits for the Canadian banks. Imagine if the money were being reinvested into the economy.
 

petros

The Central Scrutinizer
Nov 21, 2008
109,491
11,492
113
Low Earth Orbit
$10 billion in first quarter profits for the Canadian banks. Imagine if the money were being reinvested into the economy.
Buy XRP... Ripple is going to knock SWIFT out of bank transfer game with quantum blockchain. No more 8 days to clear a cheque over $10K. Instant!
 

bob the dog

Council Member
Aug 14, 2020
1,173
921
113
Buy XRP... Ripple is going to knock SWIFT out of bank transfer game with quantum blockchain. No more 8 days to clear a cheque over $10K. Instant!
Is it SWIFT or the banks that use their system that discourage global trade in the financial industry? Canadian banks still have a 48 hour hold on clearing that they can use to their advantage to control share price through failed trades along with other strategies.

I still can't buy or hold shares from any other country other than Canada or the U.S.A.. Crypto is challenging that system so they need to control it.

I see you are doing well and wish you continued success.
 
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petros

The Central Scrutinizer
Nov 21, 2008
109,491
11,492
113
Low Earth Orbit
Is it SWIFT or the banks that use their system that discourage global trade in the financial industry? Canadian banks still have a 48 hour hold on clearing that they can use to their advantage to control share price through failed trades along with other strategies.

I still can't buy or hold shares from any other country other than Canada or the U.S.A.. Crypto is challenging that system so they need to control it.

I see you are doing well and wish you continued success.
Column A and Column B

People also ask

Why do SWIFT payments take so long?

One of the main reasons for delays to international wire transfers are the fraud prevention processes and procedures put in place by banks. The SWIFT network requires transfers to pass through up to three correspondent banks before arriving at their destination.

Ripple is instant.
 

petros

The Central Scrutinizer
Nov 21, 2008
109,491
11,492
113
Low Earth Orbit
If you invested $1000 into bitcoin yesterday you woke up to $1059 in your account today.

With another split coming and mining to end there are still fortunes to be made.
 
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Twin_Moose

Hall of Fame Member
Apr 17, 2017
21,437
5,826
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Twin Moose Creek
If you invested $1000 into bitcoin yesterday you woke up to $1059 in your account today.

With another split coming and mining to end there are still fortunes to be made.
Got to keep the digital currency alive and stable to get rid of the paper currency and the under the table economy