It's not a pyramid scheme...it's just a standard speculative bubble. I'm not sure where you can short them but now wouldn't be a bad time to do it.TenuredVulture wrote:Can you short sell them? Because it seems a little like a pyramid scheme.
JUburton wrote:If your'e that financially responsible, you're exactly the kind of person who should be using credit cards to maintain your credit score and for the rewards. Why not get a basic BoA card that does 1% on everything, 2% groceries, 3% gas? It's an easy free couple hundred a year.Bill McNeal wrote:Houshphandzadeh wrote:thanks everybody. gonna sleep on it but I think I'm gonna pull the trigger. should save me a lot of money in the long run
Make sure you hide, freeze in a block of ice, cancel, or just don't use your credit cards anymore. I haven't used a credit card in 4 years or so. Pay for everything in cash, it was pretty hard to get used to doing, but after a while, it's just what we do now. We've paid everything off and now we don't owe anyone anything, our only bills are rent, utilities, cell phone and car insurance. We keep making the payments we were making but to ourselves, so now it goes into a vacation savings or whatever.
I use a credit card for literally everything possible and pay it off every month. I'm probably about to put a shitload of stuff on one for apartment furniture/wares.
phatj wrote:Bitcoins were invented as a secure, internet-based digital currency, not affiliated with any country.
They're supposedly actually usable to buy things at some places but such places are so few and far between that their only real value at the moment is as a speculative investment.
ReadingPhilly wrote:Frequent cc user myself. How do people accumulate so much debt on them? I've never missed a payment, though it's rarely more than a few hundred each month.
Yeah this is mostly what they're for now, really.Napalm wrote:phatj wrote:Bitcoins were invented as a secure, internet-based digital currency, not affiliated with any country.
They're supposedly actually usable to buy things at some places but such places are so few and far between that their only real value at the moment is as a speculative investment.
bitcoins are used to buy drugs on the internet black market, a little place called silk road. it actually works, my friend ordered some hash oil, among other things, from there
Houshphandzadeh wrote:thanks everybody. gonna sleep on it but I think I'm gonna pull the trigger. should save me a lot of money in the long run
CalvinBall wrote:z ipper wrote:i've become a big cc advocate, used responsibly of course. the rewards are insane. we make so much back in a year on gas, groceries and other shit and still haven't had to pay them dime one. problem is most people just can't handle it.
asked this earlier-which one are you using? would love to know what you think the best deal is as i look to get one to simply pay back loans that i am already paying off.
Houshphandzadeh wrote:ok
z ipper wrote:CalvinBall wrote:z ipper wrote:i've become a big cc advocate, used responsibly of course. the rewards are insane. we make so much back in a year on gas, groceries and other shit and still haven't had to pay them dime one. problem is most people just can't handle it.
asked this earlier-which one are you using? would love to know what you think the best deal is as i look to get one to simply pay back loans that i am already paying off.
i use chase freedom. had a good sign up bonus back then. use creditkarma.com to find a card that suits your needs. tons of good cards out there with a sign up bonus, 0% intro apr for 15 months, rewards/cash back and no annual fee.
how bad is your loan interest? paying it with a cc is pretty risky.