Who's brave/stupid enough to invest their life savings into Bitcoin? - page 26.

campycoin

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Daily Bitcoins for your Paypal/Skrill

Quote from: moriartybitcoin on July 27, 2014, 11:52:42 AM

I just invested $400,000 into Bitcoin

proof: 1DDWEQM11uMUKiqpGEWvBT2at3CjCw3Vra

More lies from the liar and thief

Doctor (not a Doctor)
Michael (his name is not Michael)
Moriarty (His name is not Moriarty)
PhD (No PhD, just another lie)
from Stanford (clearly no PhD from Stanford)

Invested $400,000? To invest money, doesn't it need to be your own? If I stole $100,000 and then put it into my bank, did I invest that money?

Michael... ? Where did you get $400,000 in bitcoin? Here you claim that is the bitlaunder.com payout address.

So, you run a laundering site where customers send you coin, you clean them and send them back. That is not investing you scammy shit head.

Not to mention that sometimes you keep the customers money as has been proven on http://antilyze.com

Then when you realize your mistake and agree to return the coins....

You send only 0.01btc and keep the other 126.99 btc you owe. That, my lying friend, is called GRAND THEFT and is a FELONY. Claiming that you invested that money is STUPID and even more proof that you run SCAM sites and are a THIEF.

When can Ricky James expect his money returned?

Dogtanian

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Quote from: chopstick on July 27, 2014, 09:54:22 AM

I personally believe that the price will increase by at least a factor of 100 over the next 2 years. Therefore, investing all your life savings would be a very wise decision.

Lol. That's your personal belief not based on anything at all, therefore someone would be silly to invest just because someone on the internet said they should. Maybe someone personally believes that he's got a dog that will start shitting out money so it's a good idea people should invest in it.

BTCevo

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Quote from: cbeast on July 27, 2014, 10:07:15 PM

I'm in my fifties. I have no retirement. I am not an heir. I have gone all in with other industries and lost everything. I recovered, but I have never seen anything like Bitcoin. I fell in love immediately in March 2011. All of my savings have gone into Bitcoin since 2011 and I am "letting it ride". I'm selling my house and buying more bitcoins. You would be crazy not to. This isn't the 1929 stock market. This isn't MySpace. Bitcoin is a fundamentally new technology that was twenty years in development and has network effect. You can have your altcoins, but you trade them with Bitcoins, Baby!

Is selling the house to buy bitcoin not a tad bit risky? I mean where will you live? Shocked

justusranvier

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Quote from: CasinoBit on July 27, 2014, 09:25:08 AM

Investing your life savings into Bitcoin is borderline retarded and indicative of a low financial intelligence.

Or it's a moral and political statement, something more significant than merely a financial investment.

campycoin

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Quote from: franky1 on July 27, 2014, 12:15:45 PM

Quote from: moriartybitcoin on July 27, 2014, 11:52:42 AM

I just invested $400,000 into Bitcoin

proof: 1DDWEQM11uMUKiqpGEWvBT2at3CjCw3Vra

but thats over 600 coins received over a long time, not a over 600 coin hold.. so yea nice try

proof would be to sign a message using an address holding coin,

Franky-

That is Moriarty's payout address for his bitlaunder.com site. Meaning, not only did he receive those coins over a period of time, but those are customers coins and they are supposed to go back to the customer. That is clearly not "investing." Worse however, is that some of those coins, he simply kept... as in the case currently documented on hhtp://antilyze.com.

Seen below, he admits this being his "BitLaunder Payout Address" and in this email claims the customer got them back.

When I questioned him on the reason there was no such transaction for 123btc or anything close.... he then said that the coins were kept because they were "stolen or hacked from elsewhere." Then I told him he was wrong, that they were clean coins from a clean customer and he then researched that. He concluded (as seen below) that the coins were clean, as was the customer and agreed to return them. However, to this point he has still NEVER returned the $80,000 in bitcoin he stole.

He instead posts on forums that he invested this money? His name is not even Michael Moriarty. He is no Doctor and holds no PhD. He is a liar, that's clear. A scam artist, even clearer. Pathetic, is a fact, and a no good piece of trash, can not be disputed.

cbeast

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Let's talk governance, lipstick, and pigs.

I'm in my fifties. I have no retirement. I am not an heir. I have gone all in with other industries and lost everything. I recovered, but I have never seen anything like Bitcoin. I fell in love immediately in March 2011. All of my savings have gone into Bitcoin since 2011 and I am "letting it ride". I'm selling my house and buying more bitcoins. You would be crazy not to. This isn't the 1929 stock market. This isn't MySpace. Bitcoin is a fundamentally new technology that was twenty years in development and has network effect. You can have your altcoins, but you trade them with Bitcoins, Baby!

beetcoin

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i'm getting more and more bearish by the day.. it's been cool for about 8 months now. if someone has had more than 50% of their assets in bitcoin for these past 8 months, and it hasn't gone anywhere, it would be really tough to justify holding most of your wealth in bitcoins.

oceans

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I would invest maybe half my savings into bitcoin, but not all my money. Im talking savings here as well, not daily money. I could afford to lose my whole savings but if something happened
I would be stuck. I dont think its time to invest everything you have on bitcoin.

novacn

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All in means all fail, just invest what you can lose.

smoothie

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LEALANA Bitcoin Grim Reaper

Ive only invested what I could afford to lose and even then it was more than enough to do well.

bg002h

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I outlived my lifetime membership:)

Quote from: chopstick on July 27, 2014, 09:54:22 AM

I personally believe that the price will increase by at least a factor of 100 over the next 2 years. Therefore, investing all your life savings would be a very wise decision.

I'm not sure about the numbers, but the concept is valid. I never intended to end up with basically everything in Bitcoin. I can afford to lose it all though. I'm young enough and have a stable, reasonably well paying career to look forward to.

validium

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Decentralized thinking

Quote from: findftp on July 27, 2014, 12:27:43 PM

Quote from: haploid23 on July 27, 2014, 12:26:22 PM

Quote from: Baitty on July 27, 2014, 07:54:18 AM

Who's brave/stupid enough to invest their life savings into Bitcoin?

In this case, brave = foolish.

I'm pro-btc and all, but going all in when price is not stable is nothing but foolish. This is the kind of stuff that can put you homeless if price moves in the wrong direction.

Do you pay your home from your life savings?

^^ This

findftp

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Delusional crypto obsessionist

Quote from: haploid23 on July 27, 2014, 12:26:22 PM

Quote from: Baitty on July 27, 2014, 07:54:18 AM

Who's brave/stupid enough to invest their life savings into Bitcoin?

In this case, brave = foolish.

I'm pro-btc and all, but going all in when price is not stable is nothing but foolish. This is the kind of stuff that can put you homeless if price moves in the wrong direction.

Do you pay your home from your life savings?

Malin Keshar

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for trading its ok since its easier to trade bitcoin than stocks or forex. And bitcoin won't go to 0 next week, we are not in 2012 anymore. I personally think we are safe until 2016 at least(next halving), regarding to bitcoin existence.

But have all in bitcoin and in hodl mode is stupid, because there is no warranty about the survival of bitcoin in the long run.

haploid23

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Quote from: Baitty on July 27, 2014, 07:54:18 AM

Who's brave/stupid enough to invest their life savings into Bitcoin?

In this case, brave = foolish.

I'm pro-btc and all, but going all in when price is not stable is nothing but foolish. This is the kind of stuff that can put you homeless if price moves in the wrong direction.

Bit_Happy

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A Great Time to Start Something!

Quote from: SunBin on July 27, 2014, 08:15:23 AM

There are those who already invested all their time into bitcoin.

+1 Hour
If you have extra time (and not much money) you can get started with BTC for very low risk.

validium

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Decentralized thinking

Quote from: franky1 on July 27, 2014, 12:15:45 PM

Quote from: moriartybitcoin on July 27, 2014, 11:52:42 AM

I just invested $400,000 into Bitcoin

proof: 1DDWEQM11uMUKiqpGEWvBT2at3CjCw3Vra

but thats over 600 coins received over a long time, not a over 600 coin hold.. so yea nice try

proof would be to sign a message using an address holding coin,

Yah prove it moriarty and sign the address.

findftp

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Delusional crypto obsessionist

Quote from: Possum577 on July 27, 2014, 11:33:09 AM

Quote from: Baitty on July 27, 2014, 10:37:35 AM

Quote from: ?? on ??

Would it be safer than storing your wealth in the bank? I mean how often does a bank shut down? the value of bitcoin could go to 0 any minute!

That's a good comparison. I don't know whether it's 'safer' but I would prefer losing my money due to my own decision rather than having it taken by a multi millionaire company.

In the US every bank account is insured up to $100,000 to $500,000. If the bank goes down due to faulty or fraudulent decisions by the bank most consumers would be protected.

US savings are several trillions, the insurance fund only 40 billion. You do the math.

findftp

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Delusional crypto obsessionist

Quote from: Baitty on July 27, 2014, 07:54:18 AM

Reading a story from a few years ago where someone invested all their life savings into Bitcoin and started to live off Bitcoin. that guy was a lucky guy as now the price as more than tripled to when he invested in it. Anyone else brave enough to do this?

If you only invest 100 dollars today, it *will* be your life savings in 5 years.
So better question is: would you prevent your investment to be your life savings? Will you become scared when bitcoin becomes 95% of your life savings?

franky1

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Quote from: moriartybitcoin on July 27, 2014, 11:52:42 AM

I just invested $400,000 into Bitcoin

proof: 1DDWEQM11uMUKiqpGEWvBT2at3CjCw3Vra

but thats over 600 coins received over a long time, not a over 600 coin hold.. so yea nice try

proof would be to sign a message using an address holding coin,

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