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Re: The Madness Is Back: Homeowners Take Out Mortgages To Buy Bitcoin, Cars And Wine 

By: micro in POPE IV | Recommend this post (2)
Mon, 07 Aug 17 5:08 AM | 70 view(s)
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Msg. 30641 of 47202
(This msg. is a reply to 30635 by capt_nemo)

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Rest assured Captain that I have not taken out a loan or mortgage on my house for bitcoin, worthless coin, whole coin, or any other coin....

I think it is safe to say that likely our resident frog has not either. De is now a transient and that leaves Professor and Mr. Wizard and Zim.....

All we can safely say for sure is those people who have done so are flat out crazy......


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The above is a reply to the following message:
The Madness Is Back: Homeowners Take Out Mortgages To Buy Bitcoin, Cars And Wine
By: capt_nemo
in POPE IV
Mon, 07 Aug 17 4:04 AM
Msg. 30635 of 47202

"One broker said a mortgage-free homeowner with a house valued at £10m had taken out a fixed-rate loan of just under £2m to buy bitcoin, the crypto currency that has seen huge volatility in recent months. Others have invested in classic cars or fine wine."

http://www.zerohedge.com/news/2017-08-06/madness-back-homeowners-take-out-mortgages-buy-bitcoin-cars-and-wine


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