Oh brother.

7 of those reasons are general security issues like reusing passwords. The other 2 are crypto common sense. Don't leave your crypto on an exchange and keep you private keys secure. Do that and you are fine.

No idea what expensive exchange transactions you are talking about. Yes exchanges charge fees, just like TD Ameritrade and Fidelity do. Coinbase's fees are in the .5% range. In general. Not that you need to use an exchange. You don't.

And Bitcoin is not untraceable. The Feds do it all the time. It's a poor choice for criminals. There are other crypto's designed for privacy.

In the Boston suburbs it looks like 7% mortgage rates are finally causing cracks in the housing market. For the last 3+ years there has been zero inventory below $750K in several 2nd tier towns near Boston. I know because I've been looking. Over the last few months a handful or properties have shown up. Followed by price reductions. Typically $10-15K which is pretty laughable for a $700K home. I expect more to come.

My best guess is that we are still at the beginning of whatever this is that we are headed into. So who knows how much larger the crack are going to get.

My guess for the villages market is that price appreciation is over for now. The 2008 housing crash was pretty severe so I'd predict similar price behavior this time in the villages. As in not much price reductions.

But who the hell knows.

The Shadow knows but he aint saying nothing to nobody.:jester:

Same... Plus, I'll receive a huge infusion of cash when I do sell the house in MD...

Sorry, but there was not a housing "crash" in the villages in 2008. It was very mild and far from severe. Just a slight slowdown because several villages were under construction. St James,
Penneycamp, Buttonwood, Duval, Hemmingway and all the way out to Amelia and Hadley.

Oh Brother is right.

The bottom line: Tracing crypto-transactions to catch criminals requires immense resources, years of doggedness and lots of luck – and prosecutorial success rarely happens.

https://www.banking.senate.gov/imo/m...%203-17-22.pdf

Must read if you are considering crypto for the first time. Matt Damon is right. It is only for the bold and daring. Not for people who want the simplicity and security of a traditional bank or brokerage account.

10 Axioms That Crypto-Shills Don’t Want You to Know

Yes, that's what I said. Not much price reductions.

There are a couple of secret service agents doing time who would disagree with you.

And how's that traditional brokerage account of yours doing?

Yes. By all means. Encourage your fellow Village retirees to pour their savings into Bitcoin.


SEC rejects spot bitcoin ETFs because of fake and manipulated volume

If you have found success then I congratulate you. But the losses from 69k to 20k is much greater that from 0k to 20k. And it is a highly manipulated asset that only the most savvy traders could take advantage of.

And if I recall the last thread on bitcoin was when BTC was 35k.

I'm a potential buyer in TV aiming to schedule a lifestyle visit in late spring 2023. Agreed that TV is very unique however I'm betting prices will stagnate or fall during the next 12 months. The current economic data I review is gloomy...it appears America is entering a slow grinding recession that may grow nasty legs. I'm thinking this one will slowly empty the pocketbooks of the people.

Hope you get to do that soon. Take care.

I would expect plenty of Naples / fort Myers’s start looking here. They need immediate housing

A realtor here told me the sellers have no sense of reality in pricing. Been to a few open houses with only one person showing up. Many higher end homes need at least 100k price cut

My memory must be going bad. I can't seem to recall doing that. Can you help me out by posting a link?

You can add that to your post about how well your traditional brokerage account is doing.

2008 was 14 years ago, I bet The Developer learned a lot - they will better manage release of inventory to keep prices high. Remember, prices are a factor of supply and demand - and Developer controls a lot of supply.