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      12-14-2018, 04:33 PM   #925
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Originally Posted by e90m305 View Post
I have a friend who bought ICX for 70 cents or so around ICO and sold at around 12.00. He made millions and never has to work again. This guy is late 20s.
Really. You want us to believe this "friend" bought a few hundred thousand dollars worth of ICX on ICO date...mmmkay.
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      12-15-2018, 12:18 PM   #926
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Originally Posted by Joekerr View Post
Really. You want us to believe this "friend" bought a few hundred thousand dollars worth of ICX on ICO date...mmmkay.
Jesus, whats so hard to believe? wtf you people need receipts for everything?

Wish i was more educated on this in 2006 when i graduated HS. I woulda been insanely rich by now, i had 20k in my savings in 2009, and coulda put in 5k to make hundreds of millions when BTC was cents...

Let that sink in, people put in 1-3k in 2010 before it took off, and got millions out of it..
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      12-15-2018, 06:14 PM   #927
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Originally Posted by F30dud View Post
Jesus, whats so hard to believe? wtf you people need receipts for everything?

Wish i was more educated on this in 2006 when i graduated HS. I woulda been insanely rich by now, i had 20k in my savings in 2009, and coulda put in 5k to make hundreds of millions when BTC was cents...

Let that sink in, people put in 1-3k in 2010 before it took off, and got millions out of it..
If people put in 1-3k in 2010 before BTC took off and sold a few years later yes, you are right.
But this guy is talking about a completely unknown ICX at the time that he bought for $0.70 and sold for $12. To make millions he had to invest 20k or more, and that is hard to believe.
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      12-15-2018, 06:57 PM   #928
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Originally Posted by Joekerr View Post
Really. You want us to believe this "friend" bought a few hundred thousand dollars worth of ICX on ICO date...mmmkay.
I don't want you to believe shit. I'm just telling you what happened. And my God you sound dumb. Where did I say he spent hundreds of thousands of dollars? Why did you say that? He put exactly $22k in post ICO for ICX and cashed out not right at the top, but near. The ICO price was 11 cents BTW. Anyone could look that up, clearly you didn't. I said .70 cents so why did you say ICO?

I even posted the prices he bought and sold at and yet your math is still this bad? What an embarrassment.

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      12-15-2018, 07:02 PM   #929
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Originally Posted by Datka View Post
But this guy is talking about a completely unknown ICX at the time that he bought for $0.70 and sold for $12. To make millions he had to invest 20k or more, and that is hard to believe.
ICX was huge in Asia, especially South Korea. Definitely not an unknown.
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      12-17-2018, 12:21 AM   #930
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Originally Posted by Datka View Post
If people put in 1-3k in 2010 before BTC took off and sold a few years later yes, you are right.
But this guy is talking about a completely unknown ICX at the time that he bought for $0.70 and sold for $12. To make millions he had to invest 20k or more, and that is hard to believe.
Edit. I ment $200K, NOT $20K
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      12-17-2018, 08:08 AM   #931
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Quote:
Originally Posted by e90m305 View Post
I have a friend who bought ICX for 70 cents or so around ICO and sold at around 12.00. He made millions and never has to work again. This guy is late 20s.
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Originally Posted by Joekerr View Post
Really. You want us to believe this "friend" bought a few hundred thousand dollars worth of ICX on ICO date...mmmkay.

Quote:
Originally Posted by e90m305 View Post
I don't want you to believe shit. I'm just telling you what happened. And my God you sound dumb. Where did I say he spent hundreds of thousands of dollars? Why did you say that? He put exactly $22k in post ICO for ICX and cashed out not right at the top, but near. The ICO price was 11 cents BTW. Anyone could look that up, clearly you didn't. I said .70 cents so why did you say ICO?

I even posted the prices he bought and sold at and yet your math is still this bad? What an embarrassment.
Sigh....ok, here we go, back to basic elementary math, which you clearly haven't mastered yet. I fear for anyone who takes advice from you, but I suppose if they are dumb enough to listen, they deserve what they get.

Basic, basic, basic math:

You said he made millions (plural) - see bolded first post. That means more than $1M but we don't know how much more. Let's say supposed "friend" made $4M. That, just for reference sake, means there is six zeros after the number 4.

You then said he sold it at about $12 to make that money. So what is $4M divided by $12? Well, it would be 333,333 coins.

Then, you told us what he bought the coins for - which was $0.70 (or 70 cents as you stated initially, also bolded for your simple mind in the first post).

Now here is a real brain teaser for you...get out your calculator for this one. If he paid $0.70 for each coin, and he had 333,333 in his possession to sell, how much did he have to pay initially?

I'll save you the head scratching moment - a little over $233K.

Which is why I said he had to invest hundreds of thousands - and I don't believe it.

I'm not about to look up any ICO prices, I don't care. But if you want to sound even remotely credible, I suggest you modify your story with alternative facts that make it sound like it might have been possible.

And you keep investing in crypto - I sincerely hope it works out for you, because your chances of making a fortune by honest work seems very grim based on the apparent intelligence in your posts.
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he's Canadian. By international law we all must worship him and all other products of the country.
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      12-17-2018, 02:41 PM   #932
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^^ yep.... Got him.
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      12-17-2018, 02:54 PM   #933
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Quote:
Originally Posted by e90m305 View Post
I don't want you to believe shit. I'm just telling you what happened. And my God you sound dumb. Where did I say he spent hundreds of thousands of dollars? Why did you say that? He put exactly $22k in post ICO for ICX and cashed out not right at the top, but near. The ICO price was 11 cents BTW. Anyone could look that up, clearly you didn't. I said .70 cents so why did you say ICO?

I even posted the prices he bought and sold at and yet your math is still this bad? What an embarrassment.
Stop posting.
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      12-17-2018, 02:57 PM   #934
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Quote:
Originally Posted by e90m305 View Post
I don't want you to believe shit. I'm just telling you what happened. And my God you sound dumb. Where did I say he spent hundreds of thousands of dollars? Why did you say that? He put exactly $22k in post ICO for ICX and cashed out not right at the top, but near. The ICO price was 11 cents BTW. Anyone could look that up, clearly you didn't. I said .70 cents so why did you say ICO?

I even posted the prices he bought and sold at and yet your math is still this bad? What an embarrassment.
If he bought 22k worth lets figure that out;

$22,000 at .70/coin = 31,428 coins(plus some change)

31,428 coins x $12(selling price) = $377,136

That is not millions nor even 1 million.
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      12-17-2018, 04:21 PM   #935
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Originally Posted by Joekerr View Post
And you keep investing in crypto - I sincerely hope it works out for you, because your chances of making a fortune by honest work seems very grim based on the apparent intelligence in your posts.
I never once said I invested in Crypto (I haven't). Nowhere did I say that. I said my close friend did and I saw his portfolio and all of the ICO's he invested in, in late 2017. I gave you an example of one of them, which was Icon (ICX). He put in $22k at around .70 cents and sold around 12ish dollars. HE MADE MILLIONS in crypto, yes. Did I say ICX was the only investment he made? Of course not, I just gave you an example of one of the ones I remember. I gave you specific buy/sell numbers on that investment because that's the one I remember and the math is very simple on that one. My friend is a crypto millionaire. I am not.

If you'd like I'll ask him to send me screenshots of his portfolio and all of his buy/sells. Do you want to go there? Jesus man all I did was post an innocent comment on one investment in my friend's portfolio and you went all the way here by posting a 1st grade math lesson?
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      12-17-2018, 04:24 PM   #936
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Originally Posted by IllSic_Design View Post
If he bought 22k worth lets figure that out;

$22,000 at .70/coin = 31,428 coins(plus some change)

31,428 coins x $12(selling price) = $377,136

That is not millions nor even 1 million.
Thanks for the basic 1st grade math. ICX was one of his investments. Not the only one.
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      12-17-2018, 04:24 PM   #937
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Don't sweat it, man. There are some on this thread who are very anti-crypto currency, and it really causes them to flip their lid when they see that some people have, in fact, done well on crypto. They are also generally the same people that take joy in seeing people lose money on crypto. Misery loves company, or some shit like that.
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      12-17-2018, 04:30 PM   #938
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Originally Posted by e90m305 View Post
Thanks for the basic 1st grade math. ICX was one of his investments. Not the only one.
Well you only mentioned him buying ICX and making millions off of it, you didn't say he invested into anything else.....


BTW; pro-crypto here, been dollar cost averaging the whole drop.
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      12-17-2018, 05:00 PM   #939
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Originally Posted by IllSic_Design View Post
Well you only mentioned him buying ICX and making millions off of it, you didn't say he invested into anything else.....


BTW; pro-crypto here, been dollar cost averaging the whole drop.
Fair point. I realize I wasn't quite clear/specific enough. This was my first post in this thread. Did not realize the animosity going on here. I'm not anti or pro crypto myself. I'm pretty much indifferent about it.
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      12-17-2018, 05:43 PM   #940
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Yeah there is a decent amount of animosity(or maybe jealousy) on here towards crypto... Maybe they are mad they didn't get in on the bull run and make good money like a lot did.
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      12-17-2018, 07:07 PM   #941
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Originally Posted by IllSic_Design View Post
aybe they are mad they didn't get in on the bull run and make good money like a lot did.
I wrote a long post about my experience then deleted it before posting yesterday...

I thought I'd chime in and say I'm very 'pro-crypto'. But I'm also very mad that I sold 400 bitcoin in 2012, then bought a a bunch of coins in early January 2018 (which I now hold).

People who held Bitcoin in 2017 were very lucky. People who sold this time last year were very smart.

I have higher hopes for 2019, but the conversation needs to shift back away from price, and away from 'coinX is better than coinY', and toward increasing adoption and ease of use; and learning from coinX's experience, and integrating the best features of coinX into coinY.

... until that happens, there's no fundamental reason why any coins should increase in value.
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      12-17-2018, 07:16 PM   #942
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Originally Posted by xQx View Post
I wrote a long post about my experience then deleted it before posting yesterday...

I thought I'd chime in and say I'm very 'pro-crypto'. But I'm also very mad that I sold 400 bitcoin in 2012, then bought a a bunch of coins in early January 2018 (which I now hold).

People who held Bitcoin in 2017 were very lucky. People who sold this time last year were very smart.

I have higher hopes for 2019, but the conversation needs to shift back away from price, and away from 'coinX is better than coinY', and toward increasing adoption and ease of use; and learning from coinX's experience, and integrating the best features of coinX into coinY.

... until that happens, there's no fundamental reason why any coins should increase in value.
Totally agree, all about adoption and cryptos which actually have a use-case.


cough XRP cough
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      12-17-2018, 07:49 PM   #943
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cough XRP cough
I couldn't agree more. XRP is a shining example of how this industry will disrupt others. They've got a great leadership team, a clear use-case and inherent advantages over their competition. If I were western union or SWIFT, I'd be worried.

The only reason I don't hold XRP is that there's no reason to store wealth in XRP - and thus there's no reason for the supply side of an intermediate currency to outstrip the demand side. (I'm not sure if I've said it here before; but if I simultaneously buy 1 million XRP with EUD and sell 1 million XRP with USD - in an efficient market, that has no effect on price).

.. If I could buy shares in Ripple; that'd be a different story.

... but let me tell you about XMR
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      12-17-2018, 11:22 PM   #944
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How can anyone be anti-crypto when BTC will be at $333,000 in two years?
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      12-18-2018, 07:16 AM   #945
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Originally Posted by P1et View Post
How can anyone be anti-crypto when BTC will be at $333,000 in two years?
The moment that nonsense went up in price last year around this time; I told everyone to get out asap... hmmm.... not many listened.
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      12-18-2018, 09:07 PM   #946
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Originally Posted by BayMoWe335 View Post
Stop posting.
Take your own advice.

Gotta wonder about a guy that is so against something that keeps posting in a topic about that very thing. Does it make your miserable life less miserable to do so?
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