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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Thursday 12-28-17 Part 2 of 2
Spectra: While both banks and Travelex (the world’s largest currency exchange operator) have reduced their fees by 17% and 37% respectively since 2012, they remain pricier than other alternatives.
If you have to exchange currency through a bank you’re still likely to pay, on average, 6.73% more than if you used a no-fee credit or debit card. At Travelex, on average, you will be paying 10.17% more, CardHub reports.
Read more: The Best Places To Exchange Currency | Investopedia
https://www.investopedia.com/articles/personal-finance/082114/best-places-exchange-currency.asp#ixzz52aA6hZ8D Follow us: Investopedia on Facebook
futuremoney: @Jeff985 like I say, you will be laughed at..
Jeff985: thanks Spectra? futuremoney I am sure you are right, the Elites don't take the little guy seriously
Spectra: your welcome :)
futuremoney: @Jeff985 elites??
futuremoney: @Jeff985 you will be talking to Tellers, who have been told thi is a scam and to report anyone asoc. with it. They might even try to get you to tell them where you bought it so they can prosecute them!
Spectra: They are not elite ..Think of your self as a elite.....
Baxter: man.... the bitcoin prices are really falling....
Jeff985: I mean the money controllers, I hope there are some security guards at these places. I don't want to be robbed
Spectra: Calling them elite makes them drool..
futuremoney: @Baxter bound to happen
Baxter: bitcoin is down about 6 grand...
futuremoney: @Jeff985 why would they rob you at the bank??
Spectra: Do you know why bitcoin is down i do
Spectra: Because the filthy rich are trying to tank it..
Spectra: But they will not suceed...in killing bit coin--lol
Jeff985: I guess walking into the bank
Jo: @Spectra It went up too fast may just be a healthy correction
futuremoney: @Jeff985 I thought you sai you wouldn't takeyour currency into the bank??
Baxter: spectra... so when it gets down to stupid money.... better buy some i guess
Spectra: yes buy it while its down absolutly
Jeff985: future - I just feel uneasy about the whole process
futuremoney: @Jeff985 join the club...been in this 7 years and Ive heard it all...and it is BS
Spectra: They cannot do anything to stop bit coin now ...Pandora's box has been opened..
futuremoney: @Spectra hopefully you will get out before it crashes..
Jeff985: i have listened for a couple of years. Just bought some last week. had been buying gold & silver
Spectra: @Jeff985 No need to feel uneasy unless you sold the farm hopefully you didn't do a thing like that!
Jeff985: i can afford to lose what I have bought, have the precious metals,
Spectra: @Jeff985 ok then just watch things then
Spectra: @Jeff985 there will not be a 1800 number like they told you
Jeff985: I do think gold & silver will take off in 2018, that is why cryptos are crashing, going to gold standard, cryptos do better later
Spectra: @Jeff985 that would open up a whole big fraud and robberry sheme a 1800 number
Spectra: @Jeff985 that wont happen...
futuremoney: @Jeff985 cryptos are crashing because they have no real value..Its driven only by popularity and speculation
Jeff985: thanks spectra i won't wait for 800#, will go to bank soon with your dinar
Spectra: @futuremoney actually it takes money to mine crypto's you are wrong
Spectra: @futuremoney it cost more to make a crypto coin than a usa dollar...get the facts straight im not lying
Spectra: @futuremoney research that...
futuremoney: @Spectra mine??
Jo: @futuremoney Their is "Speculation" on the Dinar and its not raising
Spectra: @futuremoney yes cryto coins cost money therefore they do have a value..
futuremoney: @Jo true, but there is a real economy behind it
Spectra: @futuremoney to make it cost alot of money
futuremoney: @Spectra the cost of makin something is not what is behind the value of a currecy, its the assets etc of the country behind it
Jeff985: thanks guys, I will check back here again later. You all have a lot of good information.Bye for now
futuremoney: @Spectra like I say, I wish you the best of luck..
Spectra: @futuremoney i was born lucky no need to wish that to me..
Spectra: @futuremoney i never loose
Spectra: @futuremoney The real definition of a currency is a tool for trade ...
Spectra: @futuremoney The actual monatary value will be determined by the people who use it..
Spectra: @futuremoney not what backs it up ..
Spectra: @futuremoney so then if people buy them they have a value in trade..
Spectra: @futuremoney That was the old ways hundreds of years ago --lol
Spectra: John McAfee challenges Jamie Dimon's bitcoin skepticism McAfee challenged Dimon's assertion that bitcoin is a "fraud" that will eventually blow up. Miners invest "massive" amounts of supercomputing power and electricity in creating bitcoins, McAfee on CNBC's "Fast Money."
Doug_W: @Spectra try this then
Spectra: John McAfee makes the case for why bitcoin is headed to $500K John McAfee claims bitcoin is headed to $500K 5:47 PM ET Wed, 13 Sept 2017 | 04:18
John McAfee on Wednesday challenged JPMorgan CEO Jamie Dimon's skepticism of bitcoin. Dimon on Tuesday called bitcoin a "fraud" that will eventually blow up. McAfee, whose company MGT Capital Investments mines the cryptocurrency, said he respects Dimon and people in his position "are not idiots," but he challenged Dimon's criticism.
"You called bitcoin a fraud," McAfee told CNBC's "Fast Money" on Wednesday. "I'm a bitcoin miner. We create bitcoins. It costs over $1,000 per coin to create a bitcoin. What does it cost to create a U.S. dollar? Which one is the fraud?
Because it costs whatever the paper costs, but it costs me and other miners over $1,000 per coin. It's called proof of work." Miners invest "massive" amounts of supercomputing power and electricity in creating bitcoins, McAfee said.
Surely then, there is value in creating a bitcoin, he added. Bitcoin has faced scrutiny because it is highly volatile. The cryptocurrency was last trading Wednesday evening at more than $3,870. "And the fact that bitcoin is consistently growing in its use and its value has to say something," McAfee said.
"Sure it will rise and fall as all new technologies are. But at the same time, it is certainly not a fraud." McAfee made a lewd bet on Twitter earlier this summer that bitcoin would reach $500,000 within three years.
On Wednesday, he said people called bitcoin a bubble that was bursting at one point, and then it smashed their expectations. Plus, the long-term trend of bitcoin has been consistently up, McAfee added.
McAfee is known for his pioneering McAfee Security antivirus software products, now part of Intel, as well as his extreme comments to the media and run-ins with the law. In July, McAfee settled a lawsuit with Intel over his right to use his name on other products. He agreed not to use his name, trademark his name or
futuremoney: @Doug_W 500,00 LOLOLOL
Hennessy: Didn't know you were invested in crypto as well
Spectra: Well why not
Hennessy: I'm ok been away from dinar land for some weeks now
Hennessy: I don't see why not, I am as well
Spectra: right only do what you can afford
Hennessy: I got tired of all the bs and contradiction news articles of Iraq and spent the last 3 weeks only on crypto
Spectra: @Hennessy me too too much Kurds not enough action in my opinion..
Spectra: @Hennessy i mean i wish everyone good will even the kurds but ..The whole fiasco is not really my concern ..I am here for the Iraq dinar...
Spectra: @Hennessy my only interest is in the out come of it..
Hennessy: There's nothing we can do with our dinar investment, no matter how much we argue or pray, it will or will not happen when it's time, but at least for crypto we have some control
Spectra: @Hennessy True ..i agree
Spectra: @Hennessy All the talk in the world will not change a single thing about Iraq..
Hennessy: I've invested too much on dinar and I feel helpless no matter what I do, just gonna sit on what I have now and not invest anymore and I've been focusing all my time on crypto
Spectra: @Hennessy smart get away from the stress ..
Hennessy: People call it a fraud, then how can they obtain the profits I made in the bank lol
Hennessy: Explain the profit*
Spectra: @Hennessy very funny..you tell them ..i hear you loud and clear.
Spectra: @Hennessy well they are either scared to try it or just plain lazy... Face it takes a bit of research..
Hennessy: Oh yes I had to research and study for about a month before I was brave enough to make my first investment
Spectra: @Hennessy very good idea..
tman23: McAfee is a bitcoin miner.........LOL...... There is a fruitcake........and certainly bitcoin works well for the drug cartels who have been after him ............ Keep pushing the bitcoin story of profits 99% of the people speaking on how much they made are likely 100% full of ****........
Hennessy: @tman23 so Im making funny money
blackgold: McAfee Security antivirus software is a virus. Real hackers laugh when they see that garbage on your computer,lol that gives them a back door right into your computer. Its probably McAfee who creates most of the viruses you have to deal with. who the heck would create a virus and for what purpose. You are being scamed all around.
blackgold: Best security is don't put any banling info on your computer that you surf with
blackgold: banking ^
Spectra: or cell phone
blackgold: any banking shoud be done on a separate computer and then immediately disconnected from the net
blackgold: @Spectra right
blackgold: i mean true
blackgold: or cell phone
Spectra: for sure
blackgold: But i believe crypto currencies are the future
Spectra: it sure looks that way
Spectra: like it or not they are here to stay
blackgold: people don't understand that credit cards are a form of Crypto and some even give you cash back
blackgold: Its electronic
Spectra: true never thought of it like that
Tebow: @Spectra until the government shuts it down
blackgold: same crap different name
Tebow: Bitcoin is made up money
Tebow: unregulated and not backed
futuremoney: @Tebow already lost 2/3 its value
blackgold: Some people are so naive they don't know that the first crypto was created so certain factions in our government can launder money that was untraceable
Tebow: falling like a rock
Spectra: @blackgold super interesting
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