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Old 12-06-2017, 03:12 PM
clevfan clevfan is offline
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Posts: 57,253
Default Cramer: Bitcoin is like 'Monopoly money' — you're better off gambling in Vegas
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Old 12-06-2017, 08:38 PM
nino brown nino brown is offline
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Join Date: Apr 2002
Posts: 11,360

there are more millionaires than btc will exist. what happens when portfolio manager says you need to have 7% of your assets in crypto? what happens when shitty stocks are liquidated for cryptos?

biggest xfer of wealth ever is lining up. if this guy says something, the opposite is true
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Old 12-06-2017, 10:11 PM
stevo stevo is offline
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Join Date: Jul 2002
Posts: 64,631

Have not watched his show in I don’t know how long but it had more sound effects than a morning drive time show last time I listened.
“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”
― Albert Einstein
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Old 12-06-2017, 10:22 PM
analyzer analyzer is offline
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Join Date: Jul 2006
Posts: 11,832

Bitcoin is a threat to the stock market, to a certain degree. People have a finite number of dollars to invest. They choose where to invest. Many are choosing crypto over NYSE right now.
"If life throws you curve balls, sit on it, and put it in the 2nd deck"..... yeah, well, that's nice, but I could never hit a damn curve ball.
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