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Do you think Bitcoin is Fad or nextbeanie babies?

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Do you think Bitcoin is fad or next beanie babies crash?

Poll ended Fri Nov 03, 2017 23:32  »  Voted by 24 members  »  Single-choice
16
67%
8
33%

#1 by sweetpie3000 » Wed Aug 02, 2017 19:17

Would you guys invest your money in Bitcoin right now? Everyone expected this is the next digital gold rush?

It's the internet money?

Do you think Bitcoin is the next beanie babies? In the 1990 beanie babies is the hottest investment all over the USA. People pay outgerous price each bear up to 5k dollars each? A few years later these dolls are only worth 5 bucks on eBay?

Do you think Bitcoin will crash and burn like beanie babies in the 1990?
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#2 by Charez » Wed Aug 02, 2017 19:35

Too much ? ? ?
it's like yourself you are not sure what you are saying
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#3 by sweetpie3000 » Wed Aug 02, 2017 19:37

CroqueMitaine wrote: Too much ? ? ?
it's like yourself you are not sure what you are saying


Bitcoin can be the next beanie babies. I hope you guys didn't put your entire savings in Bitcoin
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#4 by LORD_HADES00 » Wed Aug 02, 2017 19:38

i have $1000 in my paypal balance ,would you recommend me to invest in bitcoin?what is the best site to buy?
Last edited by LORD_HADES00 » Wed Aug 02, 2017 19:48 » edited 1 time in total
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#5 by Charez » Wed Aug 02, 2017 19:47

sweetpie3000 wrote:
CroqueMitaine wrote: Too much ? ? ?
it's like yourself you are not sure what you are saying


Bitcoin can be the next beanie babies. I hope you guys didn't put your entire savings in Bitcoin

I don't know what is a beanie baby and I am not going to search for.
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#6 by Charez » Wed Aug 02, 2017 19:53

LORD_HADES00 wrote: i have $1000 in my paypal balance ,would you recommend me to invest in bitcoin?what is the best site to buy?

Bitcoin should not be considered as an investment opportunity but as an alternative currency
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#7 by sweetpie3000 » Wed Aug 02, 2017 20:08

This is beanie babies documentary

Bankrupt By Beanies - YouTube


More beanie babies

The Beanie Baby Bubble...And Burst | shift | msnbc - YouTube


Bitcoin is the next Beanies Babies?
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#8 by Arvind9 » Wed Aug 02, 2017 21:44

Anything that is traded on an exchange will fluctuate,people are investing in Bitcoins for short gains so it will remain in a range for sometime,in 2007 begning of the big recession there was a global meltdown markets lost 60-70% of their value many people lost everything many committed suicide but today markets are at all time high,its normal but not for people with no experience to get into it,even I have shares some have not even got back 50% after the 2007 fall,I think its best to invest in stages 15-20% if you put everything at once you will end up being a Beanie baby :D :lol:
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#9 by tasman1 » Wed Aug 02, 2017 21:53

I eat ice cream now
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#10 by terrysville » Thu Aug 03, 2017 06:24

You're just correct. Most people think it's an investment rather than a currency :lol: :lol:
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#11 by Charez » Thu Aug 03, 2017 07:54

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#12 by Arvind9 » Thu Aug 03, 2017 08:45

Biticoins are being traded on exchanges ,even in our country the government is considering comming out with a ETF which would mean Bitcoins will be traded on the exchange people did not make it an investment, governments have made it legal to trade,because its being traded its so volatile
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#13 by valerie » Thu Aug 03, 2017 09:34

Most people that bought beanie babies did not buy them to profit in any way.
They bought them because they were cute and a very inexpensive hobby.

The standard beanie babies sold for only $5.99 to $6.99.

There were and are some that sold for more due to either the lower number
produced or some other factors that resulted in rarity.

I guess in one way you could equate it to bitcoin since there are people that
buy for the present use and those that buy with hopes of making a profit.
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#14 by sweetpie3000 » Thu Aug 03, 2017 10:36

valerie wrote: Most people that bought beanie babies did not buy them to profit in any way.
They bought them because they were cute and a very inexpensive hobby.

The standard beanie babies sold for only $5.99 to $6.99.

There were and are some that sold for more due to either the lower number
produced or some other factors that resulted in rarity.

I guess in one way you could equate it to bitcoin since there are people that
buy for the present use and those that buy with hopes of making a profit.


Most people took beanie babies serious take it to real business!!! People buy beanie babies in flea market. Sell it on ebay.
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#15 by Charez » Thu Aug 03, 2017 11:12

real business!!!
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#16 by valerie » Thu Aug 03, 2017 18:38

sweetpie3000 wrote:
valerie wrote: Most people that bought beanie babies did not buy them to profit in any way.
They bought them because they were cute and a very inexpensive hobby.

The standard beanie babies sold for only $5.99 to $6.99.

There were and are some that sold for more due to either the lower number
produced or some other factors that resulted in rarity.

I guess in one way you could equate it to bitcoin since there are people that
buy for the present use and those that buy with hopes of making a profit.


Most people took beanie babies serious take it to real business!!! People buy beanie babies in flea market. Sell it on ebay.

I disagree with you.

Most people that bought them, bought them because they were cute and simply found it an affordable
product to collect. This is exactly one big reason why it went under.

My mother collected them.
My sister collected them.
I collected them.

I did not start out collecting them. I was one that bought a few of them in the early days simply
because I visited a new gift shop in the town where I once lived. It was in the early to mid 90's.
There was one small basket of them and I saw a cat, picked it up, decided to buy it because it
looked like one of my cats. I then purchased two more, one for each of my daughters but it was
a different beanie. I don't recall what they were and I guess my daughters may still have them.

My mother and my sister including myself, all agreed that there was just too many to collect. My
sister had a very large aquarium that she no longer used for fish. At the start of her collection, the
beanies looked cute in the aquarium but it wasn't long and they were coming out the top. :lol: My
mother had various containers of them on display.

THAT really was the big issue, no matter what anyone says, I know for a fact it was.....too many
made, too fast. People ran out of space. I had a rather large curio cabinet full of beanie babies.
None of us was in it for profit. It was simply something fun, cute, and affordable to collect.

There was the resellers that bought them to profit immediately by jacking up the prices and selling
them at yard sales, eBay, flea markets, mall stores, etc.

In one way I was lucky I guess because when I lived in Daytona, I met a lady that had a beanie
baby store in the Daytona mall. She came over and bought all that I showed her which was a lot.

The funny thing is, I still had mostly bears and when my house was destroyed, they were destroyed
with it BUT......my mother passed away and one day my sister came over with a huge box to give
me...... YEP, it was a huge amount of her beanie baby collection.

So you see, today I have a curio cabinet that is full of various collectables but mostly, it contains
my mothers beanie babies. Some things have more significance than you might think....and it
is not always money related.
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#17 by sweetpie3000 » Thu Aug 03, 2017 22:37

valerie wrote:
sweetpie3000 wrote:
valerie wrote: Most people that bought beanie babies did not buy them to profit in any way.
They bought them because they were cute and a very inexpensive hobby.

The standard beanie babies sold for only $5.99 to $6.99.

There were and are some that sold for more due to either the lower number
produced or some other factors that resulted in rarity.

I guess in one way you could equate it to bitcoin since there are people that
buy for the present use and those that buy with hopes of making a profit.


Most people took beanie babies serious take it to real business!!! People buy beanie babies in flea market. Sell it on ebay.

I disagree with you.

Most people that bought them, bought them because they were cute and simply found it an affordable
product to collect. This is exactly one big reason why it went under.

My mother collected them.
My sister collected them.
I collected them.

I did not start out collecting them. I was one that bought a few of them in the early days simply
because I visited a new gift shop in the town where I once lived. It was in the early to mid 90's.
There was one small basket of them and I saw a cat, picked it up, decided to buy it because it
looked like one of my cats. I then purchased two more, one for each of my daughters but it was
a different beanie. I don't recall what they were and I guess my daughters may still have them.

My mother and my sister including myself, all agreed that there was just too many to collect. My
sister had a very large aquarium that she no longer used for fish. At the start of her collection, the
beanies looked cute in the aquarium but it wasn't long and they were coming out the top. :lol: My
mother had various containers of them on display.

THAT really was the big issue, no matter what anyone says, I know for a fact it was.....too many
made, too fast. People ran out of space. I had a rather large curio cabinet full of beanie babies.
None of us was in it for profit. It was simply something fun, cute, and affordable to collect.

There was the resellers that bought them to profit immediately by jacking up the prices and selling
them at yard sales, eBay, flea markets, mall stores, etc.

In one way I was lucky I guess because when I lived in Daytona, I met a lady that had a beanie
baby store in the Daytona mall. She came over and bought all that I showed her which was a lot.

The funny thing is, I still had mostly bears and when my house was destroyed, they were destroyed
with it BUT......my mother passed away and one day my sister came over with a huge box to give
me...... YEP, it was a huge amount of her beanie baby collection.

So you see, today I have a curio cabinet that is full of various collectables but mostly, it contains
my mothers beanie babies. Some things have more significance than you might think....and it
is not always money related.


But the majority people bought beanie babies as business. They sell it on ebay to make a profit?

Without Beanie babies I do not think e-bay will be business today without beanie babies sales popularity.
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#18 by DannyChiarelli » Thu Aug 03, 2017 22:59

Webkinz were the more recent collectable.

I bought a ton for my daughter years ago.
Come to think of it. Whenever Amazon
told me to buy more Webkinz I did. :lol:

Then came Monster High Dolls.
Last edited by DannyChiarelli » Thu Aug 03, 2017 23:04 » edited 1 time in total
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#19 by seaeagle » Thu Aug 03, 2017 23:32

valerie wrote:
My mother and my sister including myself, all agreed that there was just too many to collect. My
sister had a very large aquarium that she no longer used for fish. At the start of her collection, the
beanies looked cute in the aquarium but it wasn't long and they were coming out the top. :lol: My
mother had various containers of them on display.

THAT really was the big issue, no matter what anyone says, I know for a fact it was.....too many
made, too fast. People ran out of space. I had a rather large curio cabinet full of beanie babies.

Sounds like they could actually be tribbles in disguise: Scene from The Trouble With Tribbles - Star Trek - YouTube
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