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Thread: Bitcoin....who's gotten into it?
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12-14-2017, 08:40 AM #426
I still don't understand how central banks and sovereign treasury departments sign off on this. At the end of the day, crypto currencies will be legal tender on Peter Thiel's oil rig, but that's about it.
Or it gets heavily regulated.Charlie, here comes the deuce. And when you speak of me, speak well.
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12-14-2017, 09:10 AM #427
I guess I can understand some people's views on this. Look at how many crypto currencies there are, over 1300 https://coinmarketcap.com/all/views/all/
Anyone can create their own, look here is AppleCoin which has a total maket cap of $14 LOL, literally fourteen dollars: https://coinmarketcap.com/currencies/applecoin-apw/
Regardless who's everyone using, Coinbase? Bitstamp? Seems Bitstamp lets you trade in most all cryptos?
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12-14-2017, 09:48 AM #428Registered User
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12-14-2017, 10:00 AM #429Registered User
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Yeah, when I saw people breeding cats on the Ethereum network, I got more bullish. It's kind of how the internet works
I started buying NEO after China cracked down on cryptos in the fall (wish I had when it was AntShares and I was thinking of it over the summer). China has a huge problem with capital flight, but they're also not going to be left behind the rest of Asia in financial development. My guess is that they get more regulations in place and start loosening restrictions sometime next year. That's my gamble on NEO. It has some important differences from ETH, but most people just know it as "Chinese Ethereum." And when it comes to technology, China biases toward home-grown products.
As for BCH, I'm happy I have some from the fork, but I'm not sure I'd buy more. Though rumor is that Coinbase is going to add more coins in 2018, and BCH is likely to be one of them. And if things go on Coinbase (while the market is still wildly irrational), they'll go up.
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12-14-2017, 10:17 AM #430
I'll throw this out here - so couple years ago a co-worker gave me some bitcoin on a "paper wallet" - has public/private key, cool little holigram and barcode square thingy.
It was like $1 when he gave it to me - now its like $50. How can I E A S I L Y spend this thing? Googled "25 top places that take bitcoin" nothing really.....looks like I could possibly use it to buy an Amazon Gift card through a 3rd party? What else? Or should I just put it back in my desk drawer and maybe it will be $100 next time I look.?
Sincerely Crypto Jong.
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12-14-2017, 10:20 AM #431"The world is a very puzzling place. If you're not willing to be puzzled you just become a replica of someone else's mind." Chomsky
"This system make of us slaves. Without dignity. Without depth. No? With a devil in our pocket. This incredible money in our pocket. This money. This shit. This nothing. This paper who have nothing inside." Jodorowsky
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12-14-2017, 10:31 AM #432
But I'm hungry now dammit....
yeah leaning towards back into the drawer as too lazy to download and figure out to use a wallet for $~$50
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12-14-2017, 10:53 AM #433
Everyone’s a genius in a bull market.
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12-14-2017, 10:57 AM #434
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12-14-2017, 11:06 AM #435Banned
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https://www.google.com/amp/s/www.coi...-effort-china/
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12-14-2017, 02:03 PM #436
Denny's (that Denny's) getting in on the crypto market. Pitcoin. Buy! Buy! Buy!
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12-14-2017, 02:41 PM #437
(Far too few) peeps have contemplated what the whole "block chain" could actually be utilised for in this current world of capitalism.
As it has shown, it holds interest. But for what? At some point the general consensus was that it could "advance the democracy" by rearranging the concepts of trade, from centralised to more P-to-P. And now what has happened? It has turned into a speculative instrument that is utilised by the very machine that has been fought to begin with.
What was that saying? "Revolution eats its own"?
The floggings will continue until morale improves.
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12-14-2017, 05:01 PM #438
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12-14-2017, 07:49 PM #439observing free range rude
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Im in Neo via binance now, mostly because of the good chart. Have a gemini account I'm going to use to buy some BTC tomorrow. Being an actual licensed broker with the Winklevossi in the mix is a plus, and it's a regulated u.s. broker for btc/eth.
Sold my eth after a trip from 530 to 745.
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12-14-2017, 08:27 PM #440
Feds: New York woman laundered bitcoin to aide Islamic Statehttp://www.kiro7.com/news/national/feds-new-york-woman-laundered-bitcoin-to-aide-islamic-state/664196837
“I have a responsibility to not be intimidated and bullied by low life losers who abuse what little power is granted to them as ski patrollers.”
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12-14-2017, 09:19 PM #441
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12-14-2017, 09:34 PM #442Registered User
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12-14-2017, 10:21 PM #443observing free range rude
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Saw a note by a hedge fund manager today saying it's the perfect candidate for a short squeeze. I thought before recently that futures would open up a wave of short selling, but it sounds like supply won't be that easy to come by to make that happen. Which flips the institutional 'easiest path to riches' of simply going along with a squeeze. Anyhow, dude is very bullish for the next six months, then likely sell off as it has in the past.
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12-15-2017, 05:42 AM #444
Seemed like a good time to throw some more money at this. Putting everything on my Nano S and revisiting next year.
"I don't pretend to have all the answers, and I think there's something to be said for that" -One For The Road
Brain dead and made of money.
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12-15-2017, 10:25 AM #445
How can it be a currency when it has no stability?
How can amazon or anyone sell you something in BTC unless they can immediately convert it to a more stable currency?
Or, how can you buy something if the price is fluctuating in real time? Between adding your item to the shopping cart and checking out, does the price change?. . .
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12-15-2017, 12:32 PM #446
Is there some way to do a Big Short of Bitcoin? I'm in, if there is.
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12-15-2017, 12:38 PM #447
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12-15-2017, 12:40 PM #448
Wanna bet?
Cash on the table, of course.
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12-15-2017, 12:51 PM #449
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12-15-2017, 01:10 PM #450observing free range rude
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