Crypto Currency

Discussion in 'West Mall' started by AC, Mar 25, 2020.

  1. AC

    AC 2,500+ Posts

    It hedges inflation for goods/services. It also hedges a deflationary stock market & real estate crash.
     
  2. AC

    AC 2,500+ Posts

    Driver 8,

    NRG VP wanted a CC with us about mining off their power plants effluent steam. The capex on that will be enormous, so that’s likely a 2 year project.
    Had CC’s with a west Texas operator and San Antonio operator. Both have stranded gas. The one in SA is 4 Mega Watts / Day! It’s going to take a while. I’m finding it easier in smaller markets. Downtown Houston market is hard to penetrate!
     
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  3. iatrogenic

    iatrogenic 2,500+ Posts

    I hope you are getting Non Disclosure's signed before you speak with them.
     
  4. AC

    AC 2,500+ Posts

    Bitcoin Is Still Your Liferaft!

    I’m posting this hoping some of you reads it. Inflation is really monetary devaluation. It’s going to get worse. It’s all planned and the life raft or escape hatch is Bitcoin!
     
  5. Monahorns

    Monahorns 5,000+ Posts

    AC, with China banning bitcoin do you think there is still activity in China with it or will the government be able to end it all?
     
  6. Driver 8

    Driver 8 Maybe

    China "banned" bitcoin before so this ban just means they couldn't do it the first time
     
    • Like Like x 1
  7. Monahorns

    Monahorns 5,000+ Posts

    I saw that statement in a headline. If you are right and I hope you are, that means it is unstoppable.
     
  8. AC

    AC 2,500+ Posts

    Driver 8 is absolutely right. China hates Bitcoin, they have "made it illegal" in many ways, many dozens of times. It never works. The first time I know of China making Bitcoin illegal was 2012 or 2013. This goes way back. Turkey's President claims he is at war with Bitcoin. Bitcoin is worth $386,000+ Turkish Lira per coin.
     
  9. AC

    AC 2,500+ Posts

    Bitcoin hit $60K this morning! Won’t be long till it takes out the ATH of $64 829!
    SEC will soon approve the first Bitcoin ETF!
    Wonder what that will do to price?
     
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  10. nashhorn

    nashhorn 5,000+ Posts

    Figured you'd be posting today. hello AC
     
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  11. AC

    AC 2,500+ Posts

    2 ETF’s for Bitcoin go live Monday. I would buy the real thing and store it offline. But 150 million investors have to invest inside their 401K. So the ETF opens it up for all of them. Next week should be good!
     
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