E12Hammer 6:13 Sat Dec 9
Bitcoin
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Whats it all about, whats all the fuss.
How does the ordinary man on the street get rich with Bitcoins?
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Replies - Newest Posts First ( Show In Chronological Order)
Hermit Road
10:13 Tue Jul 4
Re: Bitcoin
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Here's the original.
Seems like the death of BTC was once again announced prematurely. BlackRock and others looking at creating spot ETFs which is going to see huge growth.
In answer the you Queens Road, don't buy any, it's the purest form of capitalism. If you have had an epiphany though and really want to trade then PayPal, Etoro are easy ways. I'd go for Etoro myself for ease of use.
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Auntie Thermite
9:36 Tue Dec 13
Re: Bitcoin
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Fallen FTX founder SBF fights extradition from Bahamas as he appears in court... after blaming downfall on depression and anti-Semitism in Congressional testimony
https://www.dailymail.co.uk/news/article-11532899/SEC-charges-shamed-Sam-Bankman-Fried-defrauding-FTX-equity-investors-1-8BILLION.html
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ted fenton
5:45 Mon Nov 28
Re: Bitcoin
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Cryptocurrency co-founder Tiantian Kullander dies 'unexpectedly' aged 30 - weeks after another digital money millionaire drowned on Puerto Rico beach
The co-founder of a cryptocurrency company has died 'unexpectedly' at the age of 30.
Tiantian Kullander, who co-founded the digital asset company Amber Group, passed away in his sleep, a spokesman for his firm said.
The father-of-one, named in the Forbes prestigious 30-under-30 list in 2019, died 'unexpectedly' on November 23. No further details were provided surrounding the cause of death.
https://www.dailymail.co.uk/news/article-11476977/Cryptocurrency-founder-Tiantian-Kullander-dies-unexpectedly-aged-30.html
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DagenhamDave
7:38 Sun Nov 20
Re: Bitcoin
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PwoperNaughtyButNot 8:50 Sat Nov 19
Private ledger as a solution to CBDC... No thanks.
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SurfaceAgentX2Zero
12:08 Sun Nov 20
Re: Bitcoin
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mashed in maryland 12:25 Sat Nov 19
Thanks, mate. Well explained, and yes I do understand that. I think, though that perceived value has come to be based on something other than the original premise. The perception may be right or wrong. But there is a strong whiff of South Sea Bubble and tulips.
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Vexed
9:28 Sat Nov 19
Re: Bitcoin
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Monero is great but there's not as much profit in it, us there's always the chance it'll get dropped by all CEXs, 'cos terrorism'.
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PwoperNaughtyButNot
8:50 Sat Nov 19
Re: Bitcoin
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DagenhamDave 8:41 Sat Nov 19
Re: Bitcoin
When CBDCs take hold people will be climbing all over each other to get some bitcoin.
XRP
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DagenhamDave
8:42 Sat Nov 19
Re: Bitcoin
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Vexed 5:02 Fri Nov 18
Exactly
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DagenhamDave
8:41 Sat Nov 19
Re: Bitcoin
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When CBDCs take hold people will be climbing all over each other to get some bitcoin.
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Vexed
8:29 Sat Nov 19
Re: Bitcoin
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radox 7:22 Fri Nov 18
AVAX < $10
ATOM < $8
DAG < $0.035
FLUX < $0.35
FTM < $0.12
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mashed in maryland
12:28 Sat Nov 19
Re: Bitcoin
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Hermit Road 5:25 Fri Nov 18
The thing that a lot of people don't understand is that with Bitcoin literally everything is public. If you send me some BTC we can both see exactly how much is in each other's wallets and where it came from etc. Staggering the amount of folk who talk about it as some rebellion against big gov and surveillance etc who are oblivious to this
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mashed in maryland
12:25 Sat Nov 19
Re: Bitcoin
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SurfaceAgentX2Zero 3:56 Fri Nov 18
The argument, in short, is that money is only worth what everyone agrees it is. In Bitcoin's case, its "proof of work", ie the work carried out to process a transaction, and that there's a finite amount. In a world where governments print money at will, they're seen as an alternative.
Enough "big money" seems to agree on Bitcoin & Eth enough to put billions into them.
I'm not a Bitcoin maxi btw just explaining the argument
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goose
8:25 Fri Nov 18
Re: Bitcoin
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I did the max chart from day 1 of BTC. You’re right there was a very brief peak in Dec 17 but it was back under $10k within a month (be interesting to know what drove that). But otherwise the only sustained growth is covid onwards.
And yeh I still wouldn’t go anywhere near Netflix because of the model. Long term they still need to continually grow subscriptions.
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Hermit Road
8:07 Fri Nov 18
Re: Bitcoin
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“ on a chart all i see is BTC being around $5-$8k pre covid. then covid hit and the world decided to be day traders and jumped on the BTC bandwagon driving the price up.......... and now it appears to be heading back towards pre-covid levels.”
Broaden that chart out a bit.
December 2017 it was$20k, a year later is was $3k.
I get it, you don’t want it but that’s always how money is made, because some people buy things before others want to buy them. In fact when I suggested Netflix was a buy after its massive fall I think you may have been one of the people suggesting it wasn’t a good buy. I could be wrong on that though and can’t be arsed to check so apologies if I am.
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radox
7:22 Fri Nov 18
Re: Bitcoin
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I'm with you on this. What's your buy back in Mark?
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Alan
6:51 Fri Nov 18
Re: Bitcoin
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It's gradually becoming the only way to pay for IPTV services.
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Vexed
6:47 Fri Nov 18
Re: Bitcoin
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I think you either have a technical mindset and get it or you don't.
I reckon it's going to go down a bit more yet, so I'm waiting to buy back in, make another easy 10-20x in the next bull. Nightmare innit.
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goose
6:41 Fri Nov 18
Re: Bitcoin
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genuine question Hermit - what's gonna drive that demand? why do i wanna invest my money in a currency that cant be used in 99% of places and isn't regulated?
on a chart all i see is BTC being around $5-$8k pre covid. then covid hit and the world decided to be day traders and jumped on the BTC bandwagon driving the price up.......... and now it appears to be heading back towards pre-covid levels.
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Hermit Road
6:29 Fri Nov 18
Re: Bitcoin
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Because demand for it increases. Which is how it recovered all the previous times it happened.
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