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Anybody: Bitcoin/Crypto?

By CJS follow CJS   2018 Apr 5, 12:28pm 8,848 views   225 comments   watch   nsfw   quote   share    


I'm heavy into the crypto game this year is any else?

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186   Onvacation   ignore (6)   2019 Jul 18, 10:03am     ↓ dislike (0)   quote   flag      

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.
187   Onvacation   ignore (6)   2019 Jul 18, 10:08am     ↓ dislike (0)   quote   flag      

Newbie123 says
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.
188   Onvacation   ignore (6)   2019 Jul 18, 10:12am     ↓ dislike (0)   quote   flag      

Newbie123 says
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?
189   Onvacation   ignore (6)   2019 Jul 18, 10:16am     ↓ dislike (0)   quote   flag      

Newbie123 says
What do you invest in?

Mutual funds, silver, and rare coins ( more of a hobby).
How much do you have in bitcoin?
190   Onvacation   ignore (6)   2019 Jul 18, 10:18am     ↓ dislike (0)   quote   flag      

Onvacation says
How much do you have in bitcoin?

In dollars or satoshis?
191   Onvacation   ignore (6)   2019 Jul 18, 10:36am     ↓ dislike (0)   quote   flag      

Onvacation says
Onvacation says
How much do you have in bitcoin?

In dollars or satoshis?
193   Onvacation   ignore (6)   2019 Jul 18, 3:11pm     ↓ dislike (0)   quote   flag      

Newbie123 says
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
194   CBOEtrader   ignore (6)   2019 Jul 18, 3:29pm     ↓ dislike (0)   quote   flag      

Why are you still engaging? I blocked that oddball . His input is useless
195   WookieMan   ignore (5)   2019 Jul 18, 6:05pm     ↓ dislike (0)   quote   flag      

Newbie123 says
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)
196   NoCoupForYou   ignore (2)   2019 Jul 18, 6:21pm     ↓ dislike (0)   quote   flag      

Onvacation says
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.
197   FuckCCP89   ignore (6)   2019 Oct 26, 5:01pm     ↓ dislike (0)   quote   flag      

Newbie123 says
Dang, it’s been three month since I posted here.


Why?
198   Onvacation   ignore (6)   2019 Oct 27, 8:32am     ↓ dislike (0)   quote   flag      

Newbie123 says
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?
199   mell   ignore (6)   2019 Oct 27, 9:23am     ↓ dislike (0)   quote   flag      

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.
200   WookieMan   ignore (5)   2019 Nov 21, 8:32pm     ↓ dislike (0)   quote   flag      

Newbie123 says
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......
201   FuckCCP89   ignore (6)   2019 Nov 21, 8:44pm     ↓ dislike (0)   quote   flag      

WookieMan says
Newbie123 says
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......


TIME TO LOAD UP!
202   mell   ignore (6)   2019 Nov 21, 8:50pm     ↓ dislike (0)   quote   flag      

Lol this run is over for a while.
203   FuckCCP89   ignore (6)   2019 Nov 21, 11:04pm     ↓ dislike (0)   quote   flag      

mell says
Lol this run is over for a while.


You're bitter because you don't understand the technology!
204   FuckCCP89   ignore (6)   2020 Feb 14, 6:23pm     ↓ dislike (0)   quote   flag      

Newbie123 says
Bitcoin looks pretty good. The halving is coming up. We'll see where we at six month from now.


Still no screenshots? Get lost then.
205   FuckCCP89   ignore (6)   2020 Feb 14, 6:29pm     ↓ dislike (0)   quote   flag      

Newbie123 says
happy to post some screenshots of my Altcoins and Bitcoins....but let me sell them first and show you what I made and what my cost basis was.


Translation: this fucker ^^^^ hasn't made a single red penny from the shit he's peddling, LOL.
206   Onvacation   ignore (6)   2020 Feb 14, 7:39pm     ↓ dislike (0)   quote   flag      

Newbie123 says
But this isnt a get rich quick thing.

Yep.
It's a greater fool thing.
207   just_adhom_preaching   ignore (6)   2020 Feb 14, 9:58pm     ↓ dislike (0)   quote   flag      

Was wondering where she's been.
208   Onvacation   ignore (6)   2020 Jul 28, 5:43am     ↓ dislike (0)   quote   flag      

Bitcoin, like all fiat currencies is only worth anything because people are willing to pay for it. But bitcoin is not a currency which is defined as, "Money in any form when in actual use as a medium of exchange, especially circulating paper money."

Bitcoin doesn't circulate. It is created and maintained by an extremely expensive process of a ledger that contains information on who is the "owner" of the bits. It will never be a valid currency as it cannot be easily exchanged and will always have a transfer fee.

There are a lot of ignorant people who think they own the "new gold" and a small group of people that actually make money off of these fools.

If you don't know who the fool is in this system of artificial scarcity, it might be you.

HODLZ
209   Eric Holder   ignore (1)   2020 Jul 28, 8:20am     ↓ dislike (0)   quote   flag      

Newbie123 says
all the predictions by the bitcoin-haters and no-coiners that Bitcoin will go to zero


Links or GTFO.
210   Eric Holder   ignore (1)   2020 Jul 30, 6:23pm     ↓ dislike (0)   quote   flag      

Newbie123 says
Eric Holder says
Newbie123 says
all the predictions by the bitcoin-haters and no-coiners that Bitcoin will go to zero


Links or GTFO.


Lol.
The no-coiners/bitcoin haters are getting aggressive. Seems like they don’t like BTC over 11k :)


So no links? Thought so.
211   Fortwaynemobile   ignore (3)   2020 Jul 30, 6:28pm     ↓ dislike (0)   quote   flag      

I’ve just been buying stocks.

I don’t invest into things I don’t understand, and I really don’t understand crypto currencies.
212   FuckCCP89   ignore (6)   2020 Jul 30, 10:00pm     ↓ dislike (0)   quote   flag      

Newbie123 says
all the predictions by the bitcoin-haters and no-coiners that Bitcoin will go to zero
Newbie123 says
Eric Holder says
Newbie123 says
Eric Holder says
Newbie123 says
all the predictions by the bitcoin-haters and no-coiners that Bitcoin will go to zero


Links or GTFO.


Lol.
The no-coiners/bitcoin haters are getting aggressive. Seems like they don’t like BTC over 11k :)


So no links? Thought so.


Links to what? Showing that bitcoin is at 11k? Can’t you google that?


No. Reading is fundamental.

It's right there at the top of the post. But I have no problem copying it once again here: "all the predictions by the bitcoin-haters and no-coiners that Bitcoin will go to zero".

So, where are the links to said predictions?

PS. GTFO is always an option and frankly, you should take it and stop embarrasing yourself.
213   just_adhom_preaching   ignore (6)   2020 Jul 31, 7:15am     ↓ dislike (0)   quote   flag      

Onvacation says
HODLZ


Could have bought silver lol...
214   HeadSet   ignore (2)   2020 Jul 31, 7:24am     ↓ dislike (0)   quote   flag      

Anybody: Bitcoin/Crypto?

You spelled "Klepto" wrong....
215   Onvacation   ignore (6)   2020 Jul 31, 7:25am     ↓ dislike (0)   quote   flag      

just_adhom_preaching says
Onvacation says
HODLZ


Could have bought silver lol...

I'm still amazed that the market cap of bitcoin is worth more than all of the investable silver in the world.
216   Onvacation   ignore (6)   2020 Jul 31, 8:31am     ↓ dislike (0)   quote   flag      

Of course silver just sits in a safe whereas crypto requires massive amounts of electricity just to keep it going.

We can always mine more silver but bitcoin is capped at a 21 million "coins". All bitcoins will be mined by 2040, after which the miners will survive by charging transaction fees.

Silver is shiny and has used. Bitcoin is bits and is the currency of the future that is getting ready for its moonshot. Buy now or be priced out forever.
217   just_adhom_preaching   ignore (6)   2020 Jul 31, 8:48am     ↓ dislike (0)   quote   flag      

Onvacation says
Buy now or be priced out forever.


Yeah, that sloooow transaction time is a killer.
218   WookieMan   ignore (5)   2020 Jul 31, 10:20pm     ↓ dislike (0)   quote   flag      

Newbie123 says
just_adhom_preaching says
Onvacation says
Buy now or be priced out forever.


Yeah, that sloooow transaction time is a killer.


Sry you missed out. Not too late though. Great times ahead for crypto....Will be fun to put it in your guys’ face too ;)

2 years and counting...
219   just_adhom_preaching   ignore (6)   2020 Aug 2, 12:34pm     ↓ dislike (0)   quote   flag      

I've been reading up on crypto, the IMF, ours and other governments stance on our current predicament and the rumored, 'great reset'.

Apparently the great reset is already in the works just most people don't know about it. We may in fact not even be forced onto Fedcoin for long if at all. We may be forced onto ripple so that the entire globe is interconnected and there is 100% 'transparency'... So they say. I don't like this one bit. US may not have much choice after all of this money printing.

Anyhow, reading between the lines it seems at that point bitcorn et al. will be banned under the guise of 'environmentalism'.
220   Onvacation   ignore (6)   2020 Aug 2, 12:59pm     ↓ dislike (0)   quote   flag      

just_adhom_preaching says
I've been reading up on crypto


Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market.


Whatever that means.
221   Onvacation   ignore (6)   2020 Aug 2, 1:00pm     ↓ dislike (0)   quote   flag      

BUY! THE! DIP!!!

or be the dip.
222   just_adhom_preaching   ignore (6)   2020 Aug 2, 1:08pm     ↓ dislike (0)   quote   flag      

Onvacation says
Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market.


Yeah, I saw that lol... There was a nearly equal size buy about a week prior. As if one person ran it up then dumped.
223   NoCoupForYou   ignore (2)   2020 Aug 2, 9:55pm     ↓ dislike (0)   quote   flag      

Newbie123 says

That tells me whenever bitcoin goes up I can imagine their hate and jealousy. The next few months/years will be fun!


Nobody is jealous of a currency that trades like an OTC Biotech stock.
224   Onvacation   ignore (6)   2020 Aug 3, 1:46am     ↓ dislike (0)   quote   flag      

Newbie123 says
bitcoin hits a new ATH.

Did you buy the dip? When's the moonshot?
225   Onvacation   ignore (6)   2020 Aug 3, 10:11am     ↓ dislike (0)   quote   flag      

For $12,000 you can buy 400 of these and a safe to put them in

or one of these

Full of these
011010010100101010100101010101010010101010100011101011101001010010101010100101010010101010100101001101000010110110010101111010101001010010100101001101001010010101010010101001010100010101010010101010100100101010100100101010101010101010101101010010011011001010101010101010010101001010110010101001010110100101010100101011001010101010101010100101010101010100100

I could be wrong about the currency of the future but I don't think it will be bitcoin or silver.

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