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Anybody: Bitcoin/Crypto?
By CJS
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2018 Apr 5, 12:28pm
7,536 views 341 comments
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I'm heavy into the crypto game this year is any else?
« First « Previous Comments 302 - 341 of 341 Last »
303
WookieMan
ignore (5) 2019 Jul 17, 7:29pm ↑ like (0) ↓ dislike (0) quote
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WookieMan
ignore (5) 2019 Jul 17, 7:29pm ↑ like (0) ↓ dislike (0) quote
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WookieMan says
Newbie123 sayshttps://finance.yahoo.com/amphtml/news/congressmen-bitcoin-unstoppable-libra-not-160423528.html
“Congressman: bitcoin is unstoppable”
I agree, how do you stop a decentralized cryptocurrency? The only way would be to shut down the internet.....as if that will happen anytime soon. :)
51% attack. Explain HOW it CANNOT happen?
304
Newbie123
ignore (0) 2019 Jul 17, 8:15pm ↑ like (0) ↓ dislike (0) quote
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I am watching the entire hearing on Libra and Calibra. My bet is they will succeed and establish Libra/Calibra which is incredible bullish for crypto currencies.
305
Newbie123
ignore (0) 2019 Jul 18, 8:22am ↑ like (0) ↓ dislike (0) quote
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This is probably educational for nocoiners/bitcoin haters
It outlines the benefits and features of bitcoin.
It outlines the benefits and features of bitcoin.
307
Newbie123
ignore (0) 2019 Jul 18, 9:54am ↑ like (0) ↓ dislike (0) quote
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I am glad you watched it. You really seem very interested in the space and the crypto developments. Great! Yes, I agree as well. She outlined how Libra and bitcoin are different.
308
Onvacation
ignore (6) 2019 Jul 18, 9:57am ↑ like (0) ↓ dislike (0) quote
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Newbie123 says
I enjoy a good trainwreck.
You really seem very interested in the space and the crypto developments.
I enjoy a good trainwreck.
309
Newbie123
ignore (0) 2019 Jul 18, 9:59am ↑ like (0) ↓ dislike (0) quote
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Does that mean you think bitcoin is going to zero? What’s your timeframe? I don’t expect you to answer the questions. You never do.
Here something interesting:
“There was $2 trillion of US dollars laundered last year.
That is more than 6.5X the entire crypto market cap”
Here something interesting:
“There was $2 trillion of US dollars laundered last year.
That is more than 6.5X the entire crypto market cap”
310
Onvacation
ignore (6) 2019 Jul 18, 10:03am ↑ like (0) ↓ dislike (0) quote
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Newbie123 says
No. Like I said before, some people will hold bitcoin no matter what. Ever hear the term HODL?Newbie123 says
Does that mean you think bitcoin is going to zero?
No. Like I said before, some people will hold bitcoin no matter what. Ever hear the term HODL?Newbie123 says
I don’t expect you to answer the questions. You never do.
311
Newbie123
ignore (0) 2019 Jul 18, 10:05am ↑ like (0) ↓ dislike (0) quote
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Onvacation,
So, you define it as a train wreck but you don’t think it will go to zero? So if it goes to 50k it’s still a train wreck for you? Are you sure train wreck is the right term for it then?
Don’t bother answering the question. I know you won’t.
So, you define it as a train wreck but you don’t think it will go to zero? So if it goes to 50k it’s still a train wreck for you? Are you sure train wreck is the right term for it then?
Don’t bother answering the question. I know you won’t.
312
Onvacation
ignore (6) 2019 Jul 18, 10:08am ↑ like (0) ↓ dislike (0) quote
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Newbie123 says
Bitcoin has no intrinsic value and little extrinsic value beyond laundering money. The fanboys won't let it go to zero. There are still people holding out for $10k for their "rare" beeny baby.
So, you define it as a train wreck but you don’t think it will go to zero?
Bitcoin has no intrinsic value and little extrinsic value beyond laundering money. The fanboys won't let it go to zero. There are still people holding out for $10k for their "rare" beeny baby.
313
Onvacation
ignore (6) 2019 Jul 18, 10:12am ↑ like (0) ↓ dislike (0) quote
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Newbie123 says
No.
It is a well thought out scam. They got the lingo associating it to gold. They set up artificial scarcity over decades.
Ultimately what is bitcoin but a string of 0s and 1s?
Are you sure train wreck is the right term for it then?
No.
It is a well thought out scam. They got the lingo associating it to gold. They set up artificial scarcity over decades.
Ultimately what is bitcoin but a string of 0s and 1s?
314
Newbie123
ignore (0) 2019 Jul 18, 10:14am ↑ like (0) ↓ dislike (0) quote
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So you enjoy a train wreck that you don’t expect to go to zero.
Thats enjoyable for me to know this,
while watching the price to go higher. It sounds like it must bother you when bitcoin prices go up over time?
What do you invest in?
I bet you won’t answer that question.
Thats enjoyable for me to know this,
while watching the price to go higher. It sounds like it must bother you when bitcoin prices go up over time?
What do you invest in?
I bet you won’t answer that question.
315
Onvacation
ignore (6) 2019 Jul 18, 10:16am ↑ like (0) ↓ dislike (0) quote
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Newbie123 says
Mutual funds, silver, and rare coins ( more of a hobby).
How much do you have in bitcoin?
What do you invest in?
Mutual funds, silver, and rare coins ( more of a hobby).
How much do you have in bitcoin?
317
Newbie123
ignore (0) 2019 Jul 18, 10:32am ↑ like (0) ↓ dislike (0) quote
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There we go! Silver and rare coins! You would love bitcoin then (once you understand it).
If it’s a scam (it was a train wreck briefly) then who is behind it, defrauding people? Don’t you need a scammer behind it for it to be a scam?
And why did nobody mention that it’s a scam in the congressional hearing?
If it’s a scam (it was a train wreck briefly) then who is behind it, defrauding people? Don’t you need a scammer behind it for it to be a scam?
And why did nobody mention that it’s a scam in the congressional hearing?
319
Newbie123
ignore (0) 2019 Jul 18, 10:50am ↑ like (0) ↓ dislike (0) quote
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Won’t answer as there is no good reason/benefit in doing so. You can ask 50times a day. What I would do is provide a screenshot of my alts when I sell them. I have told nobody where I have the hardware wallets and how much BTC I have. Do you think I openly share this on the inet?
320
Newbie123
ignore (0) 2019 Jul 18, 10:50am ↑ like (0) ↓ dislike (0) quote
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No answer on the scam question? How can it be a scam if nobody is actually scamming others?
321
Newbie123
ignore (0) 2019 Jul 18, 11:05am ↑ like (0) ↓ dislike (0) quote
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It’s easy to call something a scam. But it’s not easy to prove that there is a scammer behind it.
Let’s see if he ever answers the question. My bet is he will just switch and say, it’s a Ponzi scheme. Without mentioning who is at the top of the ponzi.
It was briefly a trainwreck, earlier today.
If that’s the best you bitcoin haters can do....
Let’s see if he ever answers the question. My bet is he will just switch and say, it’s a Ponzi scheme. Without mentioning who is at the top of the ponzi.
It was briefly a trainwreck, earlier today.
If that’s the best you bitcoin haters can do....
323
Onvacation
ignore (6) 2019 Jul 18, 3:11pm ↑ like (0) ↓ dislike (0) quote
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Newbie123 says
If you don't know who's getting scammed it might be you and the HODLers
How can it be a scam if nobody is actually scamming others?
If you don't know who's getting scammed it might be you and the HODLers
324
CBOEtrader
ignore (6) 2019 Jul 18, 3:29pm ↑ like (0) ↓ dislike (0) quote
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CBOEtrader
ignore (6) 2019 Jul 18, 3:29pm ↑ like (0) ↓ dislike (0) quote
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Why are you still engaging? I blocked that oddball . His input is useless
325
Newbie123
ignore (0) 2019 Jul 18, 4:07pm ↑ like (0) ↓ dislike (0) quote
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I love your sense of humor.
So, let’s figure this scam out together. Me, as a bitcoin buyer, I am the one getting scammed along with all HODL’ers. The scammer is the seller (and all other sellers) who sells it to me (and the HODL’ers). So when I sell, I become the scammer? Is that the story here?
So, let’s figure this scam out together. Me, as a bitcoin buyer, I am the one getting scammed along with all HODL’ers. The scammer is the seller (and all other sellers) who sells it to me (and the HODL’ers). So when I sell, I become the scammer? Is that the story here?
326
Newbie123
ignore (0) 2019 Jul 18, 4:11pm ↑ like (0) ↓ dislike (0) quote
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I think you are right CBOtrader, I’ll set him on ignore and the wookie.
327
WookieMan
ignore (5) 2019 Jul 18, 6:05pm ↑ like (1) ↓ dislike (0) quote
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WookieMan
ignore (5) 2019 Jul 18, 6:05pm ↑ like (1) ↓ dislike (0) quote
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Newbie123 says
Awwww, can’t handle the truth. Good call in December of ‘17. Solution, ignore someone. lol.
Take the time man, I’ve got wrong shit I’ve posted on this site. Cool part is I’m a man and can admit when I’m wrong. (You can log back in now - lol)
I think you are right CBOtrader, I’ll set him on ignore and the wookie.
Awwww, can’t handle the truth. Good call in December of ‘17. Solution, ignore someone. lol.
Take the time man, I’ve got wrong shit I’ve posted on this site. Cool part is I’m a man and can admit when I’m wrong. (You can log back in now - lol)
328
NoCoupForYou
ignore (5) 2019 Jul 18, 6:21pm ↑ like (0) ↓ dislike (0) quote
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NoCoupForYou
ignore (5) 2019 Jul 18, 6:21pm ↑ like (0) ↓ dislike (0) quote
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Onvacation says
The transaction costs are obscene. Nor is it immune to government intervention/seizure or, increasingly, hackers:
https://www.theguardian.com/technology/2019/jul/12/tokyo-cryptocurrency-exchange-hack-bitpoint-bitcoin
And this wasn't the first multi-million hack of crypto.
They call it a currency but it costs fees to use. It's price fluctuates so wildly that it is hard to calculate exchange rates. And it is slow compared to REAL currency or credit cards.
The transaction costs are obscene. Nor is it immune to government intervention/seizure or, increasingly, hackers:
https://www.theguardian.com/technology/2019/jul/12/tokyo-cryptocurrency-exchange-hack-bitpoint-bitcoin
And this wasn't the first multi-million hack of crypto.
329
Newbie123
ignore (0) 2019 Jul 18, 6:57pm ↑ like (0) ↓ dislike (0) quote
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Honkpilled,
Transaction costs are very low. For certain cryptos it’s near zero. Did you not listen to David Marcus talking about Libra at the congressional hearing? Libra for instance will be free peer to peer and very low cost otherwise.or look at xrp. you can transact xrp at nearly zero cost.
As far as security goes, yes there are exchange hacks. You would be silly to keep your crypto funds on an exchange. You simply hold your crypto on a hardware wallet. If you keep your private keys on a hardware wallet nobody can seize it or hack into it (its a cold storage/offline).
Governments can’t do anything against bitcoin. You heard the congressmen (or not) / it was mentioned several times. Bitcoin is fully decentralized. No chance to bring the network down. It’s brilliant. Why do you think bitcoin ran without interruption for ten years?
Transaction costs are very low. For certain cryptos it’s near zero. Did you not listen to David Marcus talking about Libra at the congressional hearing? Libra for instance will be free peer to peer and very low cost otherwise.or look at xrp. you can transact xrp at nearly zero cost.
As far as security goes, yes there are exchange hacks. You would be silly to keep your crypto funds on an exchange. You simply hold your crypto on a hardware wallet. If you keep your private keys on a hardware wallet nobody can seize it or hack into it (its a cold storage/offline).
Governments can’t do anything against bitcoin. You heard the congressmen (or not) / it was mentioned several times. Bitcoin is fully decentralized. No chance to bring the network down. It’s brilliant. Why do you think bitcoin ran without interruption for ten years?
330
Newbie123
ignore (0) 2019 Jul 19, 7:17pm ↑ like (0) ↓ dislike (0) quote
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https://www.ccn.com/news/bitcoin-futures-exchange-bakkt-readies-late-second-quarter-launch/2019/07/19/%3famp
Bakkt is supposedly starting this quarter!
“Bakkt could be a huge catalyst for institutional participation in the crypto market.”
“Bakkt hosted an institutional summit this week at the NYSE, whose parent company ICE is behind the bitcoin futures exchange. Based on the anecdotes from that event, things are looking quite bullish for bitcoin in the latter part of this year.”
Bakkt is supposedly starting this quarter!
“Bakkt could be a huge catalyst for institutional participation in the crypto market.”
“Bakkt hosted an institutional summit this week at the NYSE, whose parent company ICE is behind the bitcoin futures exchange. Based on the anecdotes from that event, things are looking quite bullish for bitcoin in the latter part of this year.”
331
Newbie123
ignore (0) 2019 Jul 20, 9:03am ↑ like (0) ↓ dislike (0) quote
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Fidelity/Crypto
“If its application is successful, Fidelity Digital Assets (FDAS) would be cleared to add New York to the handful of states in which it currently operates its custody business for digital assets.”
https://www.theblockcrypto.com/2019/07/20/fidelitys-crypto-arm-has-officially-applied-to-operate-in-new-york-as-a-trust/
“Fidelity Digital Assets also now joins the likes of ICE’s pending crypto platform, Bakkt, which has also applied for a NY trust license to be a qualified custodian to store the bitcoin underpinning its futures contract. ”
“If its application is successful, Fidelity Digital Assets (FDAS) would be cleared to add New York to the handful of states in which it currently operates its custody business for digital assets.”
https://www.theblockcrypto.com/2019/07/20/fidelitys-crypto-arm-has-officially-applied-to-operate-in-new-york-as-a-trust/
“Fidelity Digital Assets also now joins the likes of ICE’s pending crypto platform, Bakkt, which has also applied for a NY trust license to be a qualified custodian to store the bitcoin underpinning its futures contract. ”
332
Newbie123
ignore (0) 2019 Jul 21, 4:07pm ↑ like (0) ↓ dislike (0) quote
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They could have given their rectum a break if they would have bought bitcoin instead. Gold can be a pain in the butt.
https://www.google.com/amp/s/m.timesofindia.com/city/visakhapatnam/4-hide-gold-in-rectum-held-at-city-airport/amp_articleshow/69881098.cms
https://www.google.com/amp/s/m.timesofindia.com/city/visakhapatnam/4-hide-gold-in-rectum-held-at-city-airport/amp_articleshow/69881098.cms
333
Newbie123
ignore (0) 2019 Oct 26, 4:46pm ↑ like (0) ↓ dislike (0) quote
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Dang, it’s been three month since I posted here. Hope you guys are dollar cost avg. in! once bitcoin hits another all time high alts go paaaaaaraaabolic very quickly. Now is the time to buy cheap cheap. Don’t be like the avg joe....that jump on the train when it already has skyrocketed.
335
Newbie123
ignore (0) 2019 Oct 26, 5:03pm ↑ like (0) ↓ dislike (0) quote
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I think there will be more activity once big daddy hits a new ATH. Being the only commenter gets boring quickly ;) talk to you all in a few months!
336
Onvacation
ignore (6) 2019 Oct 27, 8:32am ↑ like (0) ↓ dislike (0) quote
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Newbie123 says
When? It is less than half its all time high right now.
"Bitcoin’s path towards $1 million
On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.
He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 92.5 percent behind being on track. Bitcoin‘s price should have been $124,152 by now, according to dickline.info."
Do you think McAfee will actually eat his own dick? Or is it just a euphemism?
once bitcoin hits another all time high
When? It is less than half its all time high right now.
"Bitcoin’s path towards $1 million
On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.
He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 92.5 percent behind being on track. Bitcoin‘s price should have been $124,152 by now, according to dickline.info."
Do you think McAfee will actually eat his own dick? Or is it just a euphemism?
337
mell
ignore (4) 2019 Oct 27, 9:23am ↑ like (0) ↓ dislike (0) quote
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There's absolutely no info given as to why it should rise. It's all pure speculation. Not saying it's worthless either as supply is constrained but there's no real price discovery possible. It's here to stay but new highs are highly questionable. Seems more like a casino bet. If you get the swings right you can certainly make some.
338
WookieMan
ignore (5) 2019 Nov 21, 8:32pm ↑ like (1) ↓ dislike (0) quote
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WookieMan
ignore (5) 2019 Nov 21, 8:32pm ↑ like (1) ↓ dislike (0) quote
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Newbie123 says
Bouncing down......
I think there will be more activity once big daddy hits a new ATH. Being the only commenter gets boring quickly ;) talk to you all in a few months!
Bouncing down......
339
The_Weeping_Ayatollah
ignore (5) 2019 Nov 21, 8:44pm ↑ like (1) ↓ dislike (0) quote
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The_Weeping_Ayatollah
ignore (5) 2019 Nov 21, 8:44pm ↑ like (1) ↓ dislike (0) quote
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WookieMan says
TIME TO LOAD UP!
Newbie123 saysI think there will be more activity once big daddy hits a new ATH. Being the only commenter gets boring quickly ;) talk to you all in a few months!
Bouncing down......
TIME TO LOAD UP!
340
mell
ignore (4) 2019 Nov 21, 8:50pm ↑ like (1) ↓ dislike (0) quote
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Lol this run is over for a while.
341
The_Weeping_Ayatollah
ignore (5) 2019 Nov 21, 11:04pm ↑ like (1) ↓ dislike (0) quote
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The_Weeping_Ayatollah
ignore (5) 2019 Nov 21, 11:04pm ↑ like (1) ↓ dislike (0) quote
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mell says
You're bitter because you don't understand the technology!
Lol this run is over for a while.
You're bitter because you don't understand the technology!
« First « Previous Comments 302 - 341 of 341 Last »
Can’t beat it, can’t destroy it, can’t even send a letter for a hearing invitation. It’s here to stay and will likely continue its parabolic bull run.