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mutatis
New Member
๐จ๏ธ 671
๐๐ป 492
July 2013
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Bitcoin
Nov 27, 2013 21:40:48 GMT 1
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mutatis
New Member
๐จ๏ธ 671
๐๐ป 492
July 2013
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Bitcoin
Nov 27, 2013 21:54:35 GMT 1
Bitcoin, by mutatis on Nov 27, 2013 21:54:35 GMT 1, Apologies to t3c for reposting
Apologies to t3c for reposting
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bitcoin
Nov 27, 2013 22:16:20 GMT 1
Bitcoin, by Deleted on Nov 27, 2013 22:16:20 GMT 1, Marc Schiller from Wooster Collective is involved in this
Marc Schiller from Wooster Collective is involved in this
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jim
New Member
๐จ๏ธ 97
๐๐ป 60
October 2013
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Bitcoin
Nov 27, 2013 23:48:30 GMT 1
Bitcoin, by jim on Nov 27, 2013 23:48:30 GMT 1, HAHAHAHAHAHAHAHAHAH.
Most expensive lemonade ever tipped over a computer.
HAHAHAHAHAHAHAHAHAH.
Most expensive lemonade ever tipped over a computer.
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illicey
New Member
๐จ๏ธ 80
๐๐ป 128
January 2013
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Bitcoin
Nov 28, 2013 1:36:46 GMT 1
via mobile
Bitcoin, by illicey on Nov 28, 2013 1:36:46 GMT 1, All I know is I brought 300 bitcoins at 4.5 usd in dec 2011. I sold them at about 6 usd in addition to buying some party condiments. Very much regretting this now. - not my favourite thread!
All I know is I brought 300 bitcoins at 4.5 usd in dec 2011. I sold them at about 6 usd in addition to buying some party condiments. Very much regretting this now. - not my favourite thread!
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alexdb
New Member
๐จ๏ธ 823
๐๐ป 683
February 2012
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Bitcoin
Nov 28, 2013 11:37:42 GMT 1
Bitcoin, by alexdb on Nov 28, 2013 11:37:42 GMT 1, T3C, what I meant is that once this bitcoin becomes a monetary currency (and my understanding that is the purpose, right?), the value will decrease since a monetary currency is relatively fixed and has a marginal bandwidth.
However, currently, yes the price may rise, but also may fall since it is just speculation. There is no real technical analysis or economic analysis for this fluctuation. The chinese may go crazy, but I have lived for a couple of years in China, and stock trading was mostly done by the elderly. And chinese love to gamble and perhaps they see this just as a gamble and not a serious investment.
Personally I dont see this as an investment, I see it as fun and yes, you can make some money out of it.
T3C, what I meant is that once this bitcoin becomes a monetary currency (and my understanding that is the purpose, right?), the value will decrease since a monetary currency is relatively fixed and has a marginal bandwidth.
However, currently, yes the price may rise, but also may fall since it is just speculation. There is no real technical analysis or economic analysis for this fluctuation. The chinese may go crazy, but I have lived for a couple of years in China, and stock trading was mostly done by the elderly. And chinese love to gamble and perhaps they see this just as a gamble and not a serious investment.
Personally I dont see this as an investment, I see it as fun and yes, you can make some money out of it.
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love
Junior Member
๐จ๏ธ 1,649
๐๐ป 391
October 2009
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Bitcoin
Jan 28, 2014 20:29:22 GMT 1
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bitcoin
Jan 29, 2014 15:38:18 GMT 1
Bitcoin, by Deleted on Jan 29, 2014 15:38:18 GMT 1, There is a lot of stuff about Bitcoins in the news and online but very little info about how to use bitcoins for selling and more importantly how to turn Bitcoins into cold hard cash?
There is a lot of stuff about Bitcoins in the news and online but very little info about how to use bitcoins for selling and more importantly how to turn Bitcoins into cold hard cash?
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bitcoin
Jan 29, 2014 15:41:05 GMT 1
via mobile
Bitcoin, by Deleted on Jan 29, 2014 15:41:05 GMT 1, I thought Bitcoins were mainly used to buy drugs and other illegal stuff on the Dark Web.
I thought Bitcoins were mainly used to buy drugs and other illegal stuff on the Dark Web.
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maxf
New Member
๐จ๏ธ 470
๐๐ป 331
October 2012
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Bitcoin
Jan 29, 2014 15:41:42 GMT 1
Bitcoin, by maxf on Jan 29, 2014 15:41:42 GMT 1, Thats the issue - the market is incredibly immature and unregulated. Try converting them back to cash and you suddenly find yourself dealing with small brokerages with low trade limits. Depends how many you have as to whether thats an issue though I guess.
Wish I'd bought a load when a friend excitedly told me about this 'new currency' which was a 'sure fire bet' - I'd have a few original Banksy pieces now!
Thats the issue - the market is incredibly immature and unregulated. Try converting them back to cash and you suddenly find yourself dealing with small brokerages with low trade limits. Depends how many you have as to whether thats an issue though I guess.
Wish I'd bought a load when a friend excitedly told me about this 'new currency' which was a 'sure fire bet' - I'd have a few original Banksy pieces now!
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bitcoin
Jan 29, 2014 15:45:11 GMT 1
Bitcoin, by Deleted on Jan 29, 2014 15:45:11 GMT 1, I can see people usin g Bitcoin because there are very few Paypal alternatives.
I can see people usin g Bitcoin because there are very few Paypal alternatives.
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love
Junior Member
๐จ๏ธ 1,649
๐๐ป 391
October 2009
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Bitcoin
Jan 29, 2014 17:38:43 GMT 1
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eschiff
Junior Member
๐จ๏ธ 2,064
๐๐ป 1,000
January 2010
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Bitcoin
Jan 29, 2014 17:41:32 GMT 1
Bitcoin, by eschiff on Jan 29, 2014 17:41:32 GMT 1, it seems like this thread is just all about the money!!! 
it seems like this thread is just all about the money!!! |
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love
Junior Member
๐จ๏ธ 1,649
๐๐ป 391
October 2009
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Bitcoin
Jan 29, 2014 19:13:26 GMT 1
Bitcoin, by love on Jan 29, 2014 19:13:26 GMT 1, it seems like this thread is just all about the money!!!
it seems like this thread is just all about the money!!! Yes, Bitcoin is all about $$$,... Not the only thread these days... |
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Bitcoin
Sept 18, 2017 15:12:30 GMT 1
Bitcoin, by Sliding on the Walls on Sept 18, 2017 15:12:30 GMT 1, I thought I'd start a thread about Bitcoin and other crypto currencies, seeing as the past couple of weeks have been pretty interesting.
First of all, China's central bank banned ICOs which had an effect on Bitcoin. There were rumors China would try and ban crypto currencies all together. This caused it to drop to a 90 day low.
Last week JP Morgan's Jamie Dimon went on record saying that it is a fraud, a pyramid scheme, worse than tulip bulbs and will blow up.
There are rumors that JP Morgan have since invested a lot into bitcoin, implying the statements were released in the hope of lowering its value in order to buy in at a low price.
Today, Bitcoin has surged to over $4,000 but it is still off the $4,522 all time high.
What are people's thoughts?
Do you have any stories, any crypto currencies you think might follow in Bitcoin's footsteps? Perhaps this thread could be the place to share information.
I know there is another thread called 'If you had $10,000 to spend' which kind of turned into a thread about bitcoin etc... but I didn't want to keep hi-jacking that thread and I apologize if there is already a crypto thread which I have overlooked.
I thought I'd start a thread about Bitcoin and other crypto currencies, seeing as the past couple of weeks have been pretty interesting.
First of all, China's central bank banned ICOs which had an effect on Bitcoin. There were rumors China would try and ban crypto currencies all together. This caused it to drop to a 90 day low.
Last week JP Morgan's Jamie Dimon went on record saying that it is a fraud, a pyramid scheme, worse than tulip bulbs and will blow up.
There are rumors that JP Morgan have since invested a lot into bitcoin, implying the statements were released in the hope of lowering its value in order to buy in at a low price.
Today, Bitcoin has surged to over $4,000 but it is still off the $4,522 all time high.
What are people's thoughts?
Do you have any stories, any crypto currencies you think might follow in Bitcoin's footsteps? Perhaps this thread could be the place to share information.
I know there is another thread called 'If you had $10,000 to spend' which kind of turned into a thread about bitcoin etc... but I didn't want to keep hi-jacking that thread and I apologize if there is already a crypto thread which I have overlooked.
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kharupt
New Member
๐จ๏ธ 93
๐๐ป 99
June 2017
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Bitcoin
Sept 18, 2017 15:26:08 GMT 1
via mobile
Bitcoin, by kharupt on Sept 18, 2017 15:26:08 GMT 1, I feel like all of this bad press is to lower btc's price. When low enough those institutions buys in bulk like JP Morgan. A bit like the anti hype in this forum. 
Bitcoin's all time high is actually $4,928. I'd keep an eye out for litecoin and ethereum. I have NEM and OMG. They look to be solid altcoins.
I feel like all of this bad press is to lower btc's price. When low enough those institutions buys in bulk like JP Morgan. A bit like the anti hype in this forum. Bitcoin's all time high is actually $4,928. I'd keep an eye out for litecoin and ethereum. I have NEM and OMG. They look to be solid altcoins. |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bitcoin
Sept 18, 2017 15:34:20 GMT 1
Bitcoin, by Deleted on Sept 18, 2017 15:34:20 GMT 1, If you bought one BC on Friday you'd be 25% richer right about now.....
JP are heavy backers of ETH.....
Forget the latest Sweetooth pencil case set, you want to be buying crypto......
If you bought one BC on Friday you'd be 25% richer right about now.....
JP are heavy backers of ETH.....
Forget the latest Sweetooth pencil case set, you want to be buying crypto......
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bitcoin
Sept 18, 2017 20:29:01 GMT 1
via mobile
Bitcoin, by Deleted on Sept 18, 2017 20:29:01 GMT 1, Sparky, your obvious talent is wasted here, get yourself onto Walledoff threads to sort some lesser witted posters out.
Sparky, your obvious talent is wasted here, get yourself onto Walledoff threads to sort some lesser witted posters out.
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Bitcoin
Sept 18, 2017 21:16:09 GMT 1
via mobile
Bitcoin, by Sliding on the Walls on Sept 18, 2017 21:16:09 GMT 1, What are people's thoughts? Do you have any stories, any crypto currencies you think might follow in Bitcoin's footsteps? Perhaps this thread could be the place to share information. Looking for hot tips on an art forum is dumb. Your question doesn't even have context, which means your investment won't have structure or risk management. Be careful I literally make my living off uninformed investors like you.
No need
What are people's thoughts? Do you have any stories, any crypto currencies you think might follow in Bitcoin's footsteps? Perhaps this thread could be the place to share information. Looking for hot tips on an art forum is dumb. Your question doesn't even have context, which means your investment won't have structure or risk management. Be careful I literally make my living off uninformed investors like you. No need |
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RoboJ
Artist
Junior Member
๐จ๏ธ 1,202
๐๐ป 1,332
July 2015
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Bitcoin
Sept 18, 2017 21:31:22 GMT 1
via mobile
Bitcoin, by RoboJ on Sept 18, 2017 21:31:22 GMT 1, Crypto has taken a hammering which is odd because the whole point of it being decentralised was so decision such as the one China just made are supposed to have no effect. This just shows that those with Bitcoin are largely made up of mainstream investors now rather than those who believe in the fundamentals of Bitcoin. I have a small amount of ethereum. If you think the price of a banksy jumps quick, try crypto! Although it plummets just as fast too haha
Crypto has taken a hammering which is odd because the whole point of it being decentralised was so decision such as the one China just made are supposed to have no effect. This just shows that those with Bitcoin are largely made up of mainstream investors now rather than those who believe in the fundamentals of Bitcoin. I have a small amount of ethereum. If you think the price of a banksy jumps quick, try crypto! Although it plummets just as fast too haha
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highflyer
Junior Member
๐จ๏ธ 1,350
๐๐ป 671
July 2014
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Bitcoin
Sept 18, 2017 21:51:08 GMT 1
via mobile
Bitcoin, by highflyer on Sept 18, 2017 21:51:08 GMT 1, I thought I'd start a thread about Bitcoin and other crypto currencies, seeing as the past couple of weeks have been pretty interesting. First of all, China's central bank banned ICOs which had an effect on Bitcoin. There were rumors China would try and ban crypto currencies all together. This caused it to drop to a 90 day low. Last week JP Morgan's Jamie Dimon went on record saying that it is a fraud, a pyramid scheme, worse than tulip bulbs and will blow up. There are rumors that JP Morgan have since invested a lot into bitcoin, implying the statements were released in the hope of lowering its value in order to buy in at a low price. Today,ย Bitcoin has surged to over $4,000 but it is still off the $4,522 all time high. What are people's thoughts? Do you have any stories, any crypto currencies you think might follow in Bitcoin's footsteps? Perhaps this thread could be the place to share information. I know there is another thread called 'If you had $10,000 to spend' which kind of turned into a thread about bitcoin etc... but I didn't want to keep hi-jacking that thread and I apologize if there is already a crypto thread which I have overlooked.
Bitcoin went over $5,000.
Jamie Dimon should be locked up.
I thought I'd start a thread about Bitcoin and other crypto currencies, seeing as the past couple of weeks have been pretty interesting. First of all, China's central bank banned ICOs which had an effect on Bitcoin. There were rumors China would try and ban crypto currencies all together. This caused it to drop to a 90 day low. Last week JP Morgan's Jamie Dimon went on record saying that it is a fraud, a pyramid scheme, worse than tulip bulbs and will blow up. There are rumors that JP Morgan have since invested a lot into bitcoin, implying the statements were released in the hope of lowering its value in order to buy in at a low price. Today,ย Bitcoin has surged to over $4,000 but it is still off the $4,522 all time high. What are people's thoughts? Do you have any stories, any crypto currencies you think might follow in Bitcoin's footsteps? Perhaps this thread could be the place to share information. I know there is another thread called 'If you had $10,000 to spend' which kind of turned into a thread about bitcoin etc... but I didn't want to keep hi-jacking that thread and I apologize if there is already a crypto thread which I have overlooked. Bitcoin went over $5,000. Jamie Dimon should be locked up. |
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ferg
Junior Member
๐จ๏ธ 1,351
๐๐ป 1,301
January 2013
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Bitcoin
Sept 19, 2017 9:57:03 GMT 1
Bitcoin, by ferg on Sept 19, 2017 9:57:03 GMT 1, I thought I'd start a thread about Bitcoin and other crypto currencies, seeing as the past couple of weeks have been pretty interesting. First of all, China's central bank banned ICOs which had an effect on Bitcoin. There were rumors China would try and ban crypto currencies all together. This caused it to drop to a 90 day low. Last week JP Morgan's Jamie Dimon went on record saying that it is a fraud, a pyramid scheme, worse than tulip bulbs and will blow up. There are rumors that JP Morgan have since invested a lot into bitcoin, implying the statements were released in the hope of lowering its value in order to buy in at a low price. Today, Bitcoin has surged to over $4,000 but it is still off the $4,522 all time high. What are people's thoughts? Do you have any stories, any crypto currencies you think might follow in Bitcoin's footsteps? Perhaps this thread could be the place to share information. I know there is another thread called 'If you had $10,000 to spend' which kind of turned into a thread about bitcoin etc... but I didn't want to keep hi-jacking that thread and I apologize if there is already a crypto thread which I have overlooked.
I thought I'd start a thread about Bitcoin and other crypto currencies, seeing as the past couple of weeks have been pretty interesting. First of all, China's central bank banned ICOs which had an effect on Bitcoin. There were rumors China would try and ban crypto currencies all together. This caused it to drop to a 90 day low. Last week JP Morgan's Jamie Dimon went on record saying that it is a fraud, a pyramid scheme, worse than tulip bulbs and will blow up. There are rumors that JP Morgan have since invested a lot into bitcoin, implying the statements were released in the hope of lowering its value in order to buy in at a low price. Today, Bitcoin has surged to over $4,000 but it is still off the $4,522 all time high. What are people's thoughts? Do you have any stories, any crypto currencies you think might follow in Bitcoin's footsteps? Perhaps this thread could be the place to share information. I know there is another thread called 'If you had $10,000 to spend' which kind of turned into a thread about bitcoin etc... but I didn't want to keep hi-jacking that thread and I apologize if there is already a crypto thread which I have overlooked. What's this got to do with art ? Nothing - go elsewhere |
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Bitcoin
Sept 19, 2017 10:30:52 GMT 1
Bitcoin, by Sliding on the Walls on Sept 19, 2017 10:30:52 GMT 1, What's this got to do with art ? Nothing - go elsewhere
This is the TECH section you cretin. If you don't want to participate then ride your high horse elsewhere.
Some people are so narrow minded! Just because it's an art forum doesn't make you the art police 
What's this got to do with art ? Nothing - go elsewhere This is the TECH section you cretin. If you don't want to participate then ride your high horse elsewhere. Some people are so narrow minded! Just because it's an art forum doesn't make you the art police |
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ferg
Junior Member
๐จ๏ธ 1,351
๐๐ป 1,301
January 2013
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Bitcoin
Sept 19, 2017 10:32:53 GMT 1
Bitcoin, by ferg on Sept 19, 2017 10:32:53 GMT 1, What's this got to do with art ? Nothing - go elsewhere This is the TECH section you cretin. If you don't want to participate then ride your high horse elsewhere. Some people are so narrow minded! Just because it's an art forum doesn't make you the art police
What's this got to do with art ? Nothing - go elsewhere This is the TECH section you cretin. If you don't want to participate then ride your high horse elsewhere. Some people are so narrow minded! Just because it's an art forum doesn't make you the art police Your blocked idiot |
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Bitcoin
Sept 19, 2017 10:45:19 GMT 1
Bitcoin, by Sliding on the Walls on Sept 19, 2017 10:45:19 GMT 1, *you're
*you're
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highflyer
Junior Member
๐จ๏ธ 1,350
๐๐ป 671
July 2014
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Bitcoin
Sept 19, 2017 11:57:47 GMT 1
via mobile
Bitcoin, by highflyer on Sept 19, 2017 11:57:47 GMT 1, Crypto has taken a hammering which is odd because the whole point of it being decentralised was so decision such as the one China just made are supposed to have no effect. This just shows that those with Bitcoin are largely made up of mainstream investors now rather than those who believe in the fundamentals of Bitcoin. I have a small amount of ethereum. If you think the price of a banksy jumps quick, try crypto! Although it plummets just as fast too haha  Yes so very odd that the price dropped, it's almost as if market makers used news to drive price down after millions of uninformed investors FOMO bought BTC. In a market with fixed supply, rapid increases in demand drive price exponentially higher. This momentum can not be maintained indefinitely and so as demand wains price falls. The time to buy BTC for this cycle was over a year ago, the risk reward right now is appalling over medium timeframes. 99% of BTC trades have happened under $1300 if you are investing money now then you are at best trying to catch the tail end of a bull run and you will get REKT.
That's a lovely chart. I enjoyed your peice on the Bitcoin cycle. Are you suggesting Bitcoin is not in its infancy in terms of global adoption?
Why would anybody be trying to catch the tail end of a bull run? Unless they were selling. And at best!?
Crypto has taken a hammering which is odd because the whole point of it being decentralised was so decision such as the one China just made are supposed to have no effect. This just shows that those with Bitcoin are largely made up of mainstream investors now rather than those who believe in the fundamentals of Bitcoin. I have a small amount of ethereum. If you think the price of a banksy jumps quick, try crypto! Although it plummets just as fast too haha Yes so very odd that the price dropped, it's almost as if market makers used news to drive price down after millions of uninformed investors FOMO bought BTC. In a market with fixed supply, rapid increases in demand drive price exponentially higher. This momentum can not be maintained indefinitely and so as demand wains price falls. The time to buy BTC for this cycle was over a year ago, the risk reward right now is appalling over medium timeframes. 99% of BTC trades have happened under $1300 if you are investing money now then you are at best trying to catch the tail end of a bull run and you will get REKT. That's a lovely chart. I enjoyed your peice on the Bitcoin cycle. Are you suggesting Bitcoin is not in its infancy in terms of global adoption? Why would anybody be trying to catch the tail end of a bull run? Unless they were selling. And at best!? |
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Bitcoin
Sept 19, 2017 12:36:18 GMT 1
Bitcoin, by Sliding on the Walls on Sept 19, 2017 12:36:18 GMT 1, Sparky999 despite your initial vainglorious comment, I can see that you do have an interest in participating.
It would be interesting to see if the hype that you quite rightly mention is as large as you may think. I was talking to a casino manager last week and I asked if they had considered accepting Bitcoin as a form of payment, he didn't know what I was talking about.
We may find that the wave which you mention is merely a ripple right now.
Sparky999 despite your initial vainglorious comment, I can see that you do have an interest in participating.
It would be interesting to see if the hype that you quite rightly mention is as large as you may think. I was talking to a casino manager last week and I asked if they had considered accepting Bitcoin as a form of payment, he didn't know what I was talking about.
We may find that the wave which you mention is merely a ripple right now.
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highflyer
Junior Member
๐จ๏ธ 1,350
๐๐ป 671
July 2014
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Bitcoin
Sept 19, 2017 12:51:23 GMT 1
via mobile
Bitcoin, by highflyer on Sept 19, 2017 12:51:23 GMT 1, That's a lovely chart. I enjoyed your peice on the Bitcoin cycle. Are you suggesting Bitcoin is not in its infancy in terms of global adoption? Why would anybody be trying to catch the tail end of a bull run? Unless they were selling. And at best!? No that's actually exactly what I'm suggesting. People's expectations are way ahead of reality at the moment. People are buying bitcoin with no real understanding of what they are buying, why they are buying it, or with any time frame context to the investment. They are buying it because they heard their friends made money. They are buying hype. Bitcoin (with a capital B) is a protocol, it's a technology. A really f**kingbeautiful technology at that. Tech adoption comes in waves. We are in a wave right now, this wave may keep going higher or it may crash back down without making a new high over $5k. My point is you buy at the bottom of the wave not near or at the top of it - that's where you sell.
No sh#t sherlock regarding your "waves". I wish "people" knew that you are supposed to buy when it's low and not when it's high. But people are so stupid aren't they? Buying something and not knowing why. Luckily, you're smarter than people. Phew.
That's a lovely chart. I enjoyed your peice on the Bitcoin cycle. Are you suggesting Bitcoin is not in its infancy in terms of global adoption? Why would anybody be trying to catch the tail end of a bull run? Unless they were selling. And at best!? No that's actually exactly what I'm suggesting. People's expectations are way ahead of reality at the moment. People are buying bitcoin with no real understanding of what they are buying, why they are buying it, or with any time frame context to the investment. They are buying it because they heard their friends made money. They are buying hype. Bitcoin (with a capital B) is a protocol, it's a technology. A really f**kingbeautiful technology at that. Tech adoption comes in waves. We are in a wave right now, this wave may keep going higher or it may crash back down without making a new high over $5k. My point is you buy at the bottom of the wave not near or at the top of it - that's where you sell. No sh#t sherlock regarding your "waves". I wish "people" knew that you are supposed to buy when it's low and not when it's high. But people are so stupid aren't they? Buying something and not knowing why. Luckily, you're smarter than people. Phew. |
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