rosac
Junior Member
🗨️ 1,894
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July 2015
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Bitcoin
Feb 3, 2018 21:29:09 GMT 1
via mobile
Bitcoin, by rosac on Feb 3, 2018 21:29:09 GMT 1, Sub 8k today- plenty of peeps done there money here. I think further falls are imminent but a bounce will occur at some point. One for the brave this One!
One for the stupid more like
Sub 8k today- plenty of peeps done there money here. I think further falls are imminent but a bounce will occur at some point. One for the brave this One! One for the stupid more like |
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bbperez1
New Member
🗨️ 754
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April 2017
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Bitcoin
Feb 4, 2018 10:50:37 GMT 1
via mobile
Bitcoin, by bbperez1 on Feb 4, 2018 10:50:37 GMT 1, I look forward to seeing this thread in 6mo when btc is at 25k or more and everyone shitting on it.
I look forward to seeing this thread in 6mo when btc is at 25k or more and everyone shitting on it.
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bbperez1
New Member
🗨️ 754
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April 2017
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Bitcoin
Feb 4, 2018 10:51:43 GMT 1
via mobile
Bitcoin, by bbperez1 on Feb 4, 2018 10:51:43 GMT 1, Sub 8k today- plenty of peeps done there money here. I think further falls are imminent but a bounce will occur at some point. One for the brave this One!
I think it’ll hit 5k usd more or less and bounce back up hard. And it’ll be in the 20k Range by summer
Sub 8k today- plenty of peeps done there money here. I think further falls are imminent but a bounce will occur at some point. One for the brave this One! I think it’ll hit 5k usd more or less and bounce back up hard. And it’ll be in the 20k Range by summer |
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bbperez1
New Member
🗨️ 754
👍🏻 601
April 2017
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Bitcoin
Feb 4, 2018 10:53:54 GMT 1
via mobile
Bitcoin, by bbperez1 on Feb 4, 2018 10:53:54 GMT 1, So now that the futures contracts have ended I’m sure we’ll see the pump. Btc is already trending upwards of 11k I believe BTC will remain below the 15k mark in the next 3 months while Ethereum will trade upwards of 2k. That's my short term prediction.
ETH has done well.. but I don’t believe in it’s application. It’s basically an ingredient which helps other currencies flourish. And the supply is too high. On the other hand I think btc and it’s limited supply will continue to shift into the hands of a select few and be hodled
So now that the futures contracts have ended I’m sure we’ll see the pump. Btc is already trending upwards of 11k I believe BTC will remain below the 15k mark in the next 3 months while Ethereum will trade upwards of 2k. That's my short term prediction. ETH has done well.. but I don’t believe in it’s application. It’s basically an ingredient which helps other currencies flourish. And the supply is too high. On the other hand I think btc and it’s limited supply will continue to shift into the hands of a select few and be hodled |
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rebate
Junior Member
🗨️ 1,050
👍🏻 961
January 2018
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Bitcoin, by rebate on Feb 4, 2018 12:04:04 GMT 1, I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it.
I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it. Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. |
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lv90210
Junior Member
🗨️ 2,030
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January 2018
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Bitcoin
Feb 4, 2018 12:46:18 GMT 1
via mobile
Bitcoin, by lv90210 on Feb 4, 2018 12:46:18 GMT 1, I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it. Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want.
Santander came out yesterday and said they are partnering with Ripple, this is the coin people should be buying. It’s actually does something.
I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it. Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Santander came out yesterday and said they are partnering with Ripple, this is the coin people should be buying. It’s actually does something. |
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FЯ
Full Member
🗨️ 8,264
👍🏻 9,252
May 2013
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Bitcoin, by FЯ on Feb 4, 2018 12:48:51 GMT 1, Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Santander came out yesterday and said they are partnering with Ripple, this is the coin people should be buying. It’s actually does something.
Are they using the currency or using the ripple system?
Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Santander came out yesterday and said they are partnering with Ripple, this is the coin people should be buying. It’s actually does something. Are they using the currency or using the ripple system? |
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gd79
Junior Member
🗨️ 1,132
👍🏻 1,221
September 2015
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Bitcoin
Feb 4, 2018 12:52:00 GMT 1
via mobile
Bitcoin, by gd79 on Feb 4, 2018 12:52:00 GMT 1, I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it.
Your guess is as good as mine. No basis for either. 6 months is anyone's guess. In 6 years it'll be forgotten and worthless.
I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it. Your guess is as good as mine. No basis for either. 6 months is anyone's guess. In 6 years it'll be forgotten and worthless. |
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gd79
Junior Member
🗨️ 1,132
👍🏻 1,221
September 2015
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Bitcoin
Feb 4, 2018 13:16:38 GMT 1
via mobile
Bitcoin, by gd79 on Feb 4, 2018 13:16:38 GMT 1, Santander came out yesterday and said they are partnering with Ripple, this is the coin people should be buying. It’s actually does something. Are they using the currency or using the ripple system?
The system. Santander tend to be quite smart with IT, ahead of most banks.
Santander came out yesterday and said they are partnering with Ripple, this is the coin people should be buying. It’s actually does something. Are they using the currency or using the ripple system? The system. Santander tend to be quite smart with IT, ahead of most banks. |
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Pysgod
Junior Member
🗨️ 1,677
👍🏻 1,347
December 2016
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Bitcoin, by Pysgod on Feb 4, 2018 13:21:22 GMT 1, LV and FR you look so macho together lol bet your greedy gang group chat looks like a right tough bunch 
LV and FR you look so macho together lol bet your greedy gang group chat looks like a right tough bunch |
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gd79
Junior Member
🗨️ 1,132
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September 2015
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Bitcoin
Feb 4, 2018 13:33:36 GMT 1
via mobile
Bitcoin, by gd79 on Feb 4, 2018 13:33:36 GMT 1, Are they using the currency or using the ripple system? The system. Santander tend to be quite smart with IT, ahead of most banks.
Keep in mind that high street banks will never, ever touch crypto. No chance of actual currency transfers. The risk of being involved with tax evasion and/or money laundering is too high. Banks need clear evidence of legitimate source of funds
Indeed, even if you make a few Bob on crypto, highly you'd be able to use it for a mortgage. Plus the tax man has intimate access to all your bank account details, and will claim his cut.
Are they using the currency or using the ripple system? The system. Santander tend to be quite smart with IT, ahead of most banks. Keep in mind that high street banks will never, ever touch crypto. No chance of actual currency transfers. The risk of being involved with tax evasion and/or money laundering is too high. Banks need clear evidence of legitimate source of funds Indeed, even if you make a few Bob on crypto, highly you'd be able to use it for a mortgage. Plus the tax man has intimate access to all your bank account details, and will claim his cut. |
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Dive Jedi
Junior Member
🗨️ 6,194
👍🏻 9,453
October 2015
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Bitcoin, by Dive Jedi on Feb 4, 2018 13:35:47 GMT 1, LV and FR you look so macho together lol bet your greedy gang group chat looks like a right tough bunch
LV and FR you look so macho together lol bet your greedy gang group chat looks like a right tough bunch Wouldn't it be fun to have a UAA meet up once, so you can actually see all these tough guys.... |
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Bitcoin
Feb 4, 2018 13:47:35 GMT 1
via mobile
Bitcoin, by rikkirattoe on Feb 4, 2018 13:47:35 GMT 1, I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it. Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want.
Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different.
Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries.
I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it. Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. |
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Dive Jedi
Junior Member
🗨️ 6,194
👍🏻 9,453
October 2015
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Bitcoin, by Dive Jedi on Feb 4, 2018 13:54:24 GMT 1, Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Value is based on perception. Gold, silver, diamonds etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. Immerse yourself in this technology,familiarize yourself with the tech behind many of the popular companies being talked about and prepare to have your mind blown away.
Sure she will be thrilled....
Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Value is based on perception. Gold, silver, diamonds etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. Immerse yourself in this technology,familiarize yourself with the tech behind many of the popular companies being talked about and prepare to have your mind blown away. Good luck with that bitcoin engagement ring then. Sure she will be thrilled.... |
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Bitcoin
Feb 4, 2018 13:57:54 GMT 1
via mobile
Bitcoin, by rikkirattoe on Feb 4, 2018 13:57:54 GMT 1, Value is based on perception. Gold, silver, diamonds etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. Immerse yourself in this technology,familiarize yourself with the tech behind many of the popular companies being talked about and prepare to have your mind blown away. Good luck with that bitcoin engagement ring then. Sure she will be thrilled....
Engagement rings are a perception of value too.
Diamonds would cost very little if the companies that controlled them released their entire supply into the market.
Oh honey you care about me cuz you spent a lot of money on this ring for me.
In poorer countries...
Oh honey you care about me cuz you gave my father a goat.
Value is based on perception. Gold, silver, diamonds etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. Immerse yourself in this technology,familiarize yourself with the tech behind many of the popular companies being talked about and prepare to have your mind blown away. Good luck with that bitcoin engagement ring then. Sure she will be thrilled.... Engagement rings are a perception of value too. Diamonds would cost very little if the companies that controlled them released their entire supply into the market. Oh honey you care about me cuz you spent a lot of money on this ring for me. In poorer countries... Oh honey you care about me cuz you gave my father a goat. |
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gd79
Junior Member
🗨️ 1,132
👍🏻 1,221
September 2015
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Bitcoin
Feb 4, 2018 14:01:41 GMT 1
via mobile
Bitcoin, by gd79 on Feb 4, 2018 14:01:41 GMT 1, Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries.
That's like saying Netscape navigator is all powerful because it was the grandfather of web browsers, and now the internet has covered amazing technological ground
Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. That's like saying Netscape navigator is all powerful because it was the grandfather of web browsers, and now the internet has covered amazing technological ground |
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Bitcoin
Feb 4, 2018 14:05:30 GMT 1
via mobile
Bitcoin, by rikkirattoe on Feb 4, 2018 14:05:30 GMT 1, Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. That's like saying Netscape navigator is all powerful because it was the grandfather of web browsers, and now the internet has covered amazing technological ground
Not really though because an exchange market never formed around Netscape.
Will alt coins break free from Bitcoin's influence some day? I don't think anybody has the answer to that question. As of right now though, BTC still controls most of where the market goes
Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. That's like saying Netscape navigator is all powerful because it was the grandfather of web browsers, and now the internet has covered amazing technological ground Not really though because an exchange market never formed around Netscape. Will alt coins break free from Bitcoin's influence some day? I don't think anybody has the answer to that question. As of right now though, BTC still controls most of where the market goes |
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gd79
Junior Member
🗨️ 1,132
👍🏻 1,221
September 2015
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Bitcoin
Feb 4, 2018 14:24:53 GMT 1
via mobile
Bitcoin, by gd79 on Feb 4, 2018 14:24:53 GMT 1, That's like saying Netscape navigator is all powerful because it was the grandfather of web browsers, and now the internet has covered amazing technological ground Not really though because an exchange market never formed around Netscape. Will alt coins break free from Bitcoin's influence some day? I don't think anybody has the answer to that question. As of right now though, BTC still controls most of where the market goes
The point is that blockchain technology can flourish even if BTC goes to zero. The success of the former does not guarantee the success of the latter in any way. It probably undermines it, as more efficient rivals proliferate... As is happening
That's like saying Netscape navigator is all powerful because it was the grandfather of web browsers, and now the internet has covered amazing technological ground Not really though because an exchange market never formed around Netscape. Will alt coins break free from Bitcoin's influence some day? I don't think anybody has the answer to that question. As of right now though, BTC still controls most of where the market goes The point is that blockchain technology can flourish even if BTC goes to zero. The success of the former does not guarantee the success of the latter in any way. It probably undermines it, as more efficient rivals proliferate... As is happening |
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Bitcoin
Feb 4, 2018 14:35:37 GMT 1
via mobile
Bitcoin, by rikkirattoe on Feb 4, 2018 14:35:37 GMT 1, Not really though because an exchange market never formed around Netscape. Will alt coins break free from Bitcoin's influence some day? I don't think anybody has the answer to that question. As of right now though, BTC still controls most of where the market goes The point is that blockchain technology can flourish even if BTC goes to zero. The success of the former does not guarantee the success of the latter in any way. It probably undermines it, as more efficient rivals proliferate... As is happening
I definitely agree with that however you've got a crypto market that many suggest is going to (by low estimations) quadruple during this calendar year and Bitcoin is still the entry point for people getting into the technology. Once we see these alt coin trends break free from Bitcoins influence, that could be an indication that its value perception is lost and it might be time to sell your BTC before it crashes. However, does Lightning Network come save it before that happens?
Not really though because an exchange market never formed around Netscape. Will alt coins break free from Bitcoin's influence some day? I don't think anybody has the answer to that question. As of right now though, BTC still controls most of where the market goes The point is that blockchain technology can flourish even if BTC goes to zero. The success of the former does not guarantee the success of the latter in any way. It probably undermines it, as more efficient rivals proliferate... As is happening I definitely agree with that however you've got a crypto market that many suggest is going to (by low estimations) quadruple during this calendar year and Bitcoin is still the entry point for people getting into the technology. Once we see these alt coin trends break free from Bitcoins influence, that could be an indication that its value perception is lost and it might be time to sell your BTC before it crashes. However, does Lightning Network come save it before that happens? |
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rebate
Junior Member
🗨️ 1,050
👍🏻 961
January 2018
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Bitcoin, by rebate on Feb 4, 2018 15:17:43 GMT 1, Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries.
gold. silver, diamonds etc have been accepted investments and wanted goods for milenia. They are in some way stable products and the desire for them is well proven. Prices fluctuate, but people always want the base product.
Bitcoin is the disease inside the bulbs but without the actual bulbs.
Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. Thats not exactly true now is it. The likes of gold etc have been stable market goods for a LONG time. They are a tangible asset that the rich run to when other investments are dying. They form the constituent parts of a market that make a part of most economies. They also exist, so if the price crashes, you still have your asset. Shares a re a little different obviously, but they are still tied to something tangable. Ie the company and their service/product. Bitcoin has no product, it has no base in reality at all. Thats why i say only sentiment drives it. gold. silver, diamonds etc have been accepted investments and wanted goods for milenia. They are in some way stable products and the desire for them is well proven. Prices fluctuate, but people always want the base product. Bitcoin is the disease inside the bulbs but without the actual bulbs. |
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Bitcoin
Feb 4, 2018 15:26:47 GMT 1
via mobile
Bitcoin, by rikkirattoe on Feb 4, 2018 15:26:47 GMT 1, Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. Thats not exactly true now is it. The likes of gold etc have been stable market goods for a LONG time. They are a tangible asset that the rich run to when other investments are dying. They form the constituent parts of a market that make a part of most economies. They also exist, so if the price crashes, you still have your asset. Shares a re a little different obviously, but they are still tied to something tangable. Ie the company and their service/product. Bitcoin has no product, it has no base in reality at all. Thats why i say only sentiment drives it. gold. silver, diamonds etc have been accepted investments and wanted goods for milenia. They are in some way stable products and the desire for them is well proven. Prices fluctuate, but people always want the base product. Bitcoin is the disease inside the bulbs but without the actual bulbs.
I'd imagine it simply comes down to a philosophical battle between an old way of thinking vs a new way of thinking.
Much of this will depend on humanity's desire to move away from having a middle man (banks) charging unnecessary transaction fees and to overthrow what some may view as an unacceptable control over a current faulty world economy.
Regardless of where Bitcoin goes, like we've referenced earlier, blockchain technology is here to stay and will save people and businesses a ridiculous amount of money moving forward.
Value is based on perception. Gold, silver, diamonds, stocks, banksys, etc... are no different. Bitcoin is the gold standard aka the grandfather of blockchain technology, of which companies are covering amazing technological ground in many different industries. Thats not exactly true now is it. The likes of gold etc have been stable market goods for a LONG time. They are a tangible asset that the rich run to when other investments are dying. They form the constituent parts of a market that make a part of most economies. They also exist, so if the price crashes, you still have your asset. Shares a re a little different obviously, but they are still tied to something tangable. Ie the company and their service/product. Bitcoin has no product, it has no base in reality at all. Thats why i say only sentiment drives it. gold. silver, diamonds etc have been accepted investments and wanted goods for milenia. They are in some way stable products and the desire for them is well proven. Prices fluctuate, but people always want the base product. Bitcoin is the disease inside the bulbs but without the actual bulbs. I'd imagine it simply comes down to a philosophical battle between an old way of thinking vs a new way of thinking. Much of this will depend on humanity's desire to move away from having a middle man (banks) charging unnecessary transaction fees and to overthrow what some may view as an unacceptable control over a current faulty world economy. Regardless of where Bitcoin goes, like we've referenced earlier, blockchain technology is here to stay and will save people and businesses a ridiculous amount of money moving forward. |
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Bitcoin
Feb 4, 2018 15:49:38 GMT 1
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Bitcoin, by rikkirattoe on Feb 4, 2018 15:49:38 GMT 1, While were on the topic of real world use cryptocurrency. Litecoin right now has some pretty serious rumors hanging over their heads with Lite Pay that just got launched. Facebook, Amazon, Starbucks and even rumored through Adyen integration on eBay.
Right now it's sitting on about $160 a coin, way down from previous highs of around $360 back in December.
If u believe the rumors, seems like a great buy to me and it's a Clif High pick to soar as well. I'm also a big fan of another one of his picks Populous fwiw
While were on the topic of real world use cryptocurrency. Litecoin right now has some pretty serious rumors hanging over their heads with Lite Pay that just got launched. Facebook, Amazon, Starbucks and even rumored through Adyen integration on eBay.
Right now it's sitting on about $160 a coin, way down from previous highs of around $360 back in December.
If u believe the rumors, seems like a great buy to me and it's a Clif High pick to soar as well. I'm also a big fan of another one of his picks Populous fwiw
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darwin
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Bitcoin, by darwin on Feb 4, 2018 16:12:15 GMT 1, While were on the topic of real world use cryptocurrency. Litecoin right now has some pretty serious rumors hanging over their heads with Lite Pay that just got launched. Facebook, Amazon, Starbucks and even rumored through Adyen integration on eBay. Right now it's sitting on about $160 a coin, way down from previous highs of around $360 back in December. If u believe the rumors, seems like a great buy to me and it's a Clif High pick to soar as well. I'm also a big fan of another one of his picks Populous fwiw
Charlie Lee dumping his Litecoin at the ATH was a dick move, though.
I think the price of Litecoin would be much higher if he hadn't done that.
While were on the topic of real world use cryptocurrency. Litecoin right now has some pretty serious rumors hanging over their heads with Lite Pay that just got launched. Facebook, Amazon, Starbucks and even rumored through Adyen integration on eBay. Right now it's sitting on about $160 a coin, way down from previous highs of around $360 back in December. If u believe the rumors, seems like a great buy to me and it's a Clif High pick to soar as well. I'm also a big fan of another one of his picks Populous fwiw Charlie Lee dumping his Litecoin at the ATH was a dick move, though. I think the price of Litecoin would be much higher if he hadn't done that. |
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Bitcoin
Feb 4, 2018 18:26:17 GMT 1
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Bitcoin, by rikkirattoe on Feb 4, 2018 18:26:17 GMT 1, While were on the topic of real world use cryptocurrency. Litecoin right now has some pretty serious rumors hanging over their heads with Lite Pay that just got launched. Facebook, Amazon, Starbucks and even rumored through Adyen integration on eBay. Right now it's sitting on about $160 a coin, way down from previous highs of around $360 back in December. If u believe the rumors, seems like a great buy to me and it's a Clif High pick to soar as well. I'm also a big fan of another one of his picks Populous fwiw Charlie Lee dumping his Litecoin at the ATH was a dick move, though. I think the price of Litecoin would be much higher if he hadn't done that.
Yeah, that's been the reason for my hesitation in buying into LTC to this point. However I think there's enough meat with these rumors to overcome my reservations.
While were on the topic of real world use cryptocurrency. Litecoin right now has some pretty serious rumors hanging over their heads with Lite Pay that just got launched. Facebook, Amazon, Starbucks and even rumored through Adyen integration on eBay. Right now it's sitting on about $160 a coin, way down from previous highs of around $360 back in December. If u believe the rumors, seems like a great buy to me and it's a Clif High pick to soar as well. I'm also a big fan of another one of his picks Populous fwiw Charlie Lee dumping his Litecoin at the ATH was a dick move, though. I think the price of Litecoin would be much higher if he hadn't done that. Yeah, that's been the reason for my hesitation in buying into LTC to this point. However I think there's enough meat with these rumors to overcome my reservations. |
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bbperez1
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Bitcoin
Feb 4, 2018 19:13:33 GMT 1
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Bitcoin, by bbperez1 on Feb 4, 2018 19:13:33 GMT 1, I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it. Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want.
I’m gonna take a wild guess and say that you’re over the age of 40 because your “go to” example was IBM
And as far as unsubstantiated assumptions regarding price.. well.. there is data over the life of btc which shows huge pull backs and further gains.
I look forward to seeing this thread in 6mo when btc is at 25k or more and everyones**tting on it. Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. I’m gonna take a wild guess and say that you’re over the age of 40 because your “go to” example was IBM And as far as unsubstantiated assumptions regarding price.. well.. there is data over the life of btc which shows huge pull backs and further gains. |
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gd79
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Bitcoin
Feb 4, 2018 19:22:24 GMT 1
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Bitcoin, by gd79 on Feb 4, 2018 19:22:24 GMT 1, Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. I’m gonna take a wild guess and say that you’re over the age of 40 because your “go to” example was IBM And as far as unsubstantiated assumptions regarding price.. well.. there is data over the life of btc which shows huge pull backs and further gains.
The youngsters always know more than anyone else...
I'm afraid the big problem is that blockchain in its current state is far less efficient than the status quo.
People mention unnecessary fees paid to banks... Try getting into crypto without paying multiple percentage points in fees. For most real money transactions, the cost is virtually nil. Equities, currencies, fixed income securities are all fee free for virtually all the value by volume.
Having a stable, regulated exchange for these products also corrects any errors and provides security to all.
BTC loses on every count. Ditto any other current crypto.
Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. I’m gonna take a wild guess and say that you’re over the age of 40 because your “go to” example was IBM And as far as unsubstantiated assumptions regarding price.. well.. there is data over the life of btc which shows huge pull backs and further gains. The youngsters always know more than anyone else... I'm afraid the big problem is that blockchain in its current state is far less efficient than the status quo. People mention unnecessary fees paid to banks... Try getting into crypto without paying multiple percentage points in fees. For most real money transactions, the cost is virtually nil. Equities, currencies, fixed income securities are all fee free for virtually all the value by volume. Having a stable, regulated exchange for these products also corrects any errors and provides security to all. BTC loses on every count. Ditto any other current crypto. |
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Bitcoin
Feb 4, 2018 21:03:45 GMT 1
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Bitcoin, by rikkirattoe on Feb 4, 2018 21:03:45 GMT 1, Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. I’m gonna take a wild guess and say that you’re over the age of 40 because your “go to” example was IBM And as far as unsubstantiated assumptions regarding price.. well.. there is data over the life of btc which shows huge pull backs and further gains.
There really isn't much value to talking crypto on an art forum message board unfortunately. There's a wealth of knowledge on the numerous reddit/telegraph/discord communities built around the general topic of crypto.
Its one of those things where you have nothing to base that assumption on. Its a pyramid scheme, where everyone in it knows its a pyramid scheme. Its not gold, shares, tangable assets etc etc where you can see an underlying product, and underlying need etc etc. Its running along based on nothing but sentiment and perceived gains. This leads those that are in to praise the daylights out of it, and those that arent to sit back and think hmmm, seems sketchy. So based on its lack of an underlying anything! its really hard to see what supports it, when sentiment doesnt really count. New things happen though, didnt IBM or someone say why bother getting into home computers, why would anyone need one. So who knows there wont suddenly be shift that makes it relevant. As far as any previously existing investment is concerned and the rules that support them, bitcoin doesnt add up. As far as pyramid schemes go, its a big un, but its like all the other versions that went before it at the core. When the new investment dries up, it dies on its arse at a rate of knots, only difference here, is you can get to your money anytime you want. I’m gonna take a wild guess and say that you’re over the age of 40 because your “go to” example was IBM And as far as unsubstantiated assumptions regarding price.. well.. there is data over the life of btc which shows huge pull backs and further gains. There really isn't much value to talking crypto on an art forum message board unfortunately. There's a wealth of knowledge on the numerous reddit/telegraph/discord communities built around the general topic of crypto. |
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Poster Bob
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Bitcoin
Feb 6, 2018 13:08:25 GMT 1
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Bitcoin, by Poster Bob on Feb 6, 2018 13:08:25 GMT 1, Where are the peacocks in full strut?
Where are the peacocks in full strut?
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gd79
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Bitcoin
Feb 6, 2018 13:45:57 GMT 1
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Bitcoin, by gd79 on Feb 6, 2018 13:45:57 GMT 1, Talking to each other. Reinforcing their opinion it can only go up.
Talking to each other. Reinforcing their opinion it can only go up.
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