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Do you own any crypto?
Posted by: Carnos Jax
Date: May 22, 2024 11:43PM
Poll
Do you own any crypto?
Only registered users are allowed to vote for this poll.
68 votes were received.
No 58
 
85%
Yes 10
 
15%



Do you own any crypto?
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Re: Do you own any crypto?
Posted by: SDGuy
Date: May 22, 2024 11:57PM
Does an old PGP key count?
I think I have one stored on a floppy disk somewhere...
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Re: Do you own any crypto?
Posted by: vision63
Date: May 23, 2024 12:37AM
I still don't know what it is. I know the Lakers play at Crypto.com Arena.
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Re: Do you own any crypto?
Posted by: Buzz
Date: May 23, 2024 12:56AM
No for us, but Baby Buzz bought a Bitcoin at $14K.
==
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Re: Do you own any crypto?
Posted by: NewtonMP2100
Date: May 23, 2024 05:18AM
.....family owns a crypt / mausoleum? where they bury family members......getting cramp in there as they are running out of space so they have to 'squeeze' the latest in there......



_____________________________________

I reject your reality and substitute my own!
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Re: Do you own any crypto?
Posted by: Fritz
Date: May 23, 2024 06:28AM
hoax that depletes energy grid and has caused crashes.
[wlos.com]



!#$@@$#!

Quod suus via crustulum saxum

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Re: Do you own any crypto?
Posted by: d4
Date: May 23, 2024 07:54AM
I don't personally know of anyone who's ever used "crypto" for anything other than online gambling.



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Re: Do you own any crypto?
Posted by: decay
Date: May 23, 2024 09:35AM
Seems very ponzi and insider to me, and depends on the power grid. when that goes down, poof!



---
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No.
Posted by: RAMd®d
Date: May 23, 2024 09:53AM
None.






I am that Masked Man.

All you can do, is all you can do.

There’s trouble — it's time to play the sound of my people.

Your boos mean nothing to me, I've seen what you cheer for.

Insisting on your rights without acknowledging your responsibilities isn’t freedom, it’s adolescence.

I've been to the edge of the map, and there be monsters.

We are a government of laws, not men.

Everybody counts or nobody counts.

When a good man is hurt,
all who would be called good
must suffer with him.

At the going down of the sun and in the morning
We will remember them.

You and I have memories longer than the road that stretches out ahead.

There is no safety for honest men except
by believing all possible evil of evil men.

We don’t do focus groups. They just ensure that you don’t offend anyone, and produce bland inoffensive products. —Sir Jonathan Ive

An armed society is a polite society.
And hope is a lousy defense.

You make me pull, I'll put you down.

I *love* SIGs. It's Glocks I hate.
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Re: Do you own any crypto?
Posted by: freeradical
Date: May 23, 2024 10:01AM
I've maintained crytpto equipment.

I've never owned any crypto, and I never will.


[cryptomuseum.com]
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Re: Do you own any crypto?
Posted by: Lew Zealand
Date: May 23, 2024 10:39AM
I did not buy a single share of Apple during its extended rise as I remember the dark days. Seemingly too well. No chance I'll buy crypto anything.
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Re: Do you own any crypto?
Posted by: Mactel
Date: May 23, 2024 01:43PM
I bought $200 years ago for @#$%& and giggles and it’s worth $2000 now. Just holding it until I need the cash.
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Re: Do you own any crypto?
Posted by: cbelt3
Date: May 23, 2024 02:21PM
Little bit
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Re: Do you own any crypto?
Posted by: Carnos Jax
Date: May 23, 2024 05:52PM
So what prompted me to post this poll is a comment made by some crypto supporters that suggested a surprising number of Americans own crypto. My impression, which jives with my experience with family and friends, was almost no one owns crypto, particularly after the FTX fiasco.

The results of this poll (12% owning crypto at the time of this post) are a little bit surprising to me, I didn't think it'd even be that much.

As a corollary to this thread, I wonder if crypto is a generational thing? Considering we're an older crowd, is it mostly younger people that own crypto?
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Re: Do you own any crypto?
Posted by: Gareth
Date: May 23, 2024 07:17PM
Quote
Mactel
I bought $200 years ago for @#$%& and giggles and it’s worth $2000 now. Just holding it until I need the cash.

I bought $100 for the same reason. It's worth $44 now... No reason for me to sell it, so I'll just hold it until it's worthless or worthy.



Edited 1 time(s). Last edit at 05/23/2024 07:17PM by Gareth.
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Re: Do you own any crypto?
Posted by: DavidS
Date: May 24, 2024 01:11PM
My son convinced me to buy some at its last peak back in 2021. It dropped quite a bit in the years since. I think it's now gone up about 25% now. I'm certainly not rich from it. Too confusing to deal with.



Edited 1 time(s). Last edit at 05/24/2024 01:12PM by DavidS.
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Re: Do you own any crypto?
Posted by: freeradical
Date: May 24, 2024 04:54PM
I want to believe...winking smiley
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Re: Do you own any crypto?
Posted by: Carnos Jax
Date: May 24, 2024 05:39PM
Quote
freeradical
I want to believe...winking smiley

Probably not for the right reasons. winking smiley
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Re: Do you own any crypto?
Posted by: Tiangou
Date: May 24, 2024 08:54PM
Quote
Carnos Jax
So what prompted me to post this poll is a comment made by some crypto supporters that suggested a surprising number of Americans own crypto. My impression, which jives with my experience with family and friends, was almost no one owns crypto, particularly after the FTX fiasco.

The results of this poll (12% owning crypto at the time of this post) are a little bit surprising to me, I didn't think it'd even be that much.

As a corollary to this thread, I wonder if crypto is a generational thing? Considering we're an older crowd, is it mostly younger people that own crypto?

It's not weird that a lot of us own some crypto.

It's weird that a significant number of people consider it an "investment" and not gambling. And that popular investment sites have run with that misinformation.

[www.investopedia.com]

Among all generations surveyed, millennials are more likely to invest in cryptocurrency. Of millennials surveyed, 64% indicated that they have investments, and 38% say that they have some kind of cryptocurrency investments. Of millennial investors, nearly 60% hold digital currencies. More specifically, 15% of millennials said that they own a non-fungible token (NFT), a digital asset relying on the same blockchain technology as cryptocurrencies.

Among millenials, older and wealthier individuals are more likely to invest in crypto. Of millennials earning at least $75,000 per year, 59% are digital currency holders, compared to 21% earning under $75,000. Millennial men are also about twice as likely to invest in cryptocurrency as millennial women.

"It makes sense that millennials are most likely to invest in cryptocurrency," said Whitney Hansen, a financial coach in Boise, Idaho. "They are far enough into their careers to have some disposable income for investments but have a long enough time horizon before retirement that they are willing to take on the higher risk."

Gen X (ages 42-57) is next most likely to invest in cryptocurrency, with 28% of Generation X respondents stating that they own cryptocurrency investments. Generation Z is close behind, with 23% owning cryptocurrencies. For both groups, cryptocurrencies are the second most common investment, after stocks and ahead of mutual funds. Generation X and Z also believe that cryptocurrency will offer the most significant investment returns over the next decade, followed by stocks...




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Re: Do you own any crypto?
Posted by: freeradical
Date: May 24, 2024 11:20PM
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Re: Do you own any crypto?
Posted by: PeterW
Date: May 25, 2024 06:59PM
Tulips.
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