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Author Topic: A message from Wallstreet  (Read 3368 times)
Xosihc (OP)
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April 18, 2013, 02:34:02 AM
 #21

I also think 3D printing is going to be a really big thing. But I don't know what I could do with that knowledge.
(not like I have sums to invest anyway)
In 10 years I can show people this post and say "See!? I was right!" :p

When you say "i don't know what I can do with that knowledge"

If you are coming from an investment standpoint. Meaning you think it's going to be real big and you don't know how to capitalize on it. You can always invest in 3d printing stocks: SSYS, DDD, XONE.

It doesn't take that much to open an e-trade account and buy in.

Not sure if that's related to where you were going with that or not.
Luckybit
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April 18, 2013, 03:14:41 AM
 #22

Lets say I have $500, how can I buy those stocks on E-trade when back in the day when I wanted to get involved in Forex and E-Trade they wanted something like $1000 minimum just to get involved? I didn't have the money to even start. Then you have the various tax issues to deal with.
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April 18, 2013, 03:40:37 AM
 #23

I also think 3D printing is going to be a really big thing. But I don't know what I could do with that knowledge.
(not like I have sums to invest anyway)
In 10 years I can show people this post and say "See!? I was right!" :p

You can start a blog and explain everything about 3D printing. What is 3D printing? What you can do with 3D printing? What do you need? Where you can get what you need? And in 10 years, you could be big. You could be a reference about it, you could earn a bit of money and invest on the right player because you will know everything about 3D printing et cetera.

Of course, this is a lot of work and need passion about it. But money is not an excuse.

Nobody cares you were right, only what you do count.

Sorry for that, I'm drunk but I think what I tell you.

Yes, you are right. I guess I'm not passionate enough about 3D-printing then, because I cant see me spending nights with it (like I'm doing reading about Bitcoints right now and did about other things before).
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April 18, 2013, 05:51:35 AM
 #24

Finally someone talking some sense, these BTC fanatics see conspiracies behind everything, its like the 12 rules of 'Bitcoinery"

http://www.ritholtz.com/blog/2013/04/the-10-rules-of-goldbuggery/

Also 3D printing is never going to be used for anything but making some non-functional design and  demo pieces, its too slow, too expensive and the parts are too fragile to ever replace conventional CNC machine tool work in metal or plastic.  I blame the hyper around it on Sigulataritarian and other techno-religious types.

 
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Wekkel
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yes


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April 18, 2013, 06:03:10 AM
 #25


Also 3D printing is never going to be used for anything but .....

Be carefull with the word 'never'.

evolve
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April 18, 2013, 06:18:17 AM
 #26

Lets say I have $500, how can I buy those stocks on E-trade when back in the day when I wanted to get involved in Forex and E-Trade they wanted something like $1000 minimum just to get involved? I didn't have the money to even start. Then you have the various tax issues to deal with.

Sharebuilder accounts are free with no minimum.
UKMark
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April 18, 2013, 11:27:32 AM
 #27

Call me skeptical but since this post was made, it's been in the WSJ twice....  Undecided

http://online.wsj.com/article/SB10001424127887324345804578426692340390104.html?

http://online.wsj.com/article/PR-CO-20130417-908270.html?

Xosihc (OP)
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April 18, 2013, 04:12:40 PM
 #28


Well.. I still think there is a difference between the news outlets talking about it - and the guys at wall street listening to it.
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April 18, 2013, 05:52:00 PM
 #29

The notion that wallstreet is behind these “pump and dumps” is retarded. At its peak the bitcoin market cap was what $2.5 billion maybe $3 billion. Wow!!! The size of a mid-cap stock! Jee-wiz!! I could probably name 500 companies that none of you have heard of, that have a larger market cap than bitcoins. In the investment world a $2.5 billion market cap is nothing. The reality is, bitcoins act like a thinly traded penny stock. If a hedge fund manager really wanted to do a pump and dump, they would just use a small stock. The entry/exit is 1000000x easier than bitcoins.

Right.

Bitcoin's "market cap" isn't that big. About 7 million early Bitcoins never show up in transactions. (See Shamir's paper.) Some are lost, generated by early users when the difficulty and value were both very low. Some are being hoarded. We can't tell which. The active float is about 4 million Bitcoins, worth about $400 million today.  (Twice that last week, half that two days ago.)

This isn't a big market by financial standards.  It's really tough to exit. Right now, you could sell about 500 Bitcoins on Mt. Gox without moving the price too much.

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