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Started By
Message
2
Posted on 11/21/22 at 1:45 pm to SlidellCajun
quote:One is the highest appreciating asset in the history of the world!
What is the difference?
Posted on 11/21/22 at 2:19 pm to FnTigers
quote:
One is the highest appreciating asset in the history of the world!
Go deeper-
And what causes the appreciation?
Posted on 11/21/22 at 3:36 pm to SlidellCajun
quote:
Beanie babies Tulips Pokiemon Bitcoin What is the difference?
Sounds like you have some learning to do…surely you’ve done extensive bitcoin research to reach your conclusions?
This post was edited on 11/21/22 at 3:39 pm
Posted on 11/21/22 at 3:41 pm to SlidellCajun
quote:
And what causes the appreciation?
Network validation, security and trust.
Posted on 11/21/22 at 4:21 pm to DeathValley85
Forgive him. Slidell is ~70 yrs old
Posted on 11/21/22 at 10:24 pm to DeathValley85
quote:
Sounds like you have some learning to do…surely you’ve done extensive bitcoin research to reach your conclusions?
I know that I don’t accept it as currency and no I deal with does either
Do you accept it?
Posted on 11/21/22 at 10:44 pm to SlidellCajun
quote:
I know that I don’t accept it as currency and no I deal with does either
I bet that's false. Visa is partnered with many crypto debit and credit cards these days.
I can't believe after all of this time you still clueless when it comes to crypto.
Posted on 11/22/22 at 5:34 am to tenderfoot tigah
I bought 1 share of COIN a year or so ago just to sort of follow crypto.
So far it has gone down.
Insiders are buying, but I’ve not doubled down.
I don’t understand the mechanics of how it all works so I’m hesitant to get over my skis.
So far it has gone down.
Insiders are buying, but I’ve not doubled down.
I don’t understand the mechanics of how it all works so I’m hesitant to get over my skis.
Posted on 11/22/22 at 8:07 am to makersmark1
Just ask if you have any questions. We have tons of very smart crypto investors on this board.
Slidell was explained to many times and he still says ridiculous stuff. That's why my post was directed at him.
170 companies that take crypto payments
Slidell was explained to many times and he still says ridiculous stuff. That's why my post was directed at him.
170 companies that take crypto payments
This post was edited on 11/22/22 at 8:17 am
Posted on 11/22/22 at 8:20 am to SlidellCajun
quote:
I know that I don’t accept it as currency and no I deal with does either
https://twitter.com/Blockworks_/status/1594676000000212992?s=20&t=d9yjGpT8X0q34yU8ZI9bZA
Posted on 11/22/22 at 8:42 am to makersmark1
quote:
I don’t understand the mechanics of how it all works so I’m hesitant to get over my skis.
Now is time to start doing more research before the next bull run. Not saying it won’t go lower , but You will wish you had bought at these prices
Posted on 11/22/22 at 8:43 am to SlidellCajun
quote:
I know that I don’t accept it as currency and no I deal with does either
Do you accept it?
Plenty of companies do. Keep in mind that most of America can't even tap their cards to pay like many other places in the world. It will catch on but it will take time
Posted on 11/22/22 at 8:49 am to jmarto1
quote:
tap their cards to pay
NFC is catching on quite a bit these days, but I'm assuming NFC with a pin is what you mean?
Everyone should look into buying a RFID blocking wallet. In theory, thieves can not even touch you and steal your money.
This post was edited on 11/22/22 at 8:53 am
Posted on 11/22/22 at 8:50 am to tenderfoot tigah
quote:
Visa was partnered with many crypto debit and credit cards these days.
Half of the exchanges they were partnered with already went belly up
Visa itself is just making a percentage on every exchange paid in actual USD/EUR etc.. they never handle any of the cryto assets themselves. That is handled by the "bank", or in this case the exchanges that are still standing.
Think SBF is still using his Visa??
This post was edited on 11/22/22 at 8:53 am
Posted on 11/22/22 at 8:56 am to tenderfoot tigah
quote:
but I'm assuming NFC with a pin is what you mean?
In the great USA, NFC without a pin is the more common approach. Tap to pay is on basically every credit card machine including gas pumps.
Unlike in EU where you are usually required to put in your pin. However most consumers in the US don't care about the added protections since you know regulations protect them against fraud.
Posted on 11/22/22 at 12:43 pm to Ron Cheramie
COIN is an exchange.
If crypto comes back, why would it not be a broad way to play it?
If crypto comes back, why would it not be a broad way to play it?
Posted on 11/22/22 at 1:39 pm to makersmark1
Yes it would have a lot of upside if crypto bull market returns. However we don't know when that point will be and COIN would have to stay solvent during an unknown bear market duration in which they are hemorrhaging money.
This post was edited on 11/22/22 at 10:55 pm
Posted on 11/22/22 at 9:30 pm to TigerTatorTots
I’m super bullish on COIN longterm. They’ve played the slow and steady game and are paving the way in terms of regulations. People shite on them because their regular platform has such a terrible UI, but that is pretty easily fixable. CB pro was great IMO, but they are unfortunately sub setting that.
And in terms of solvency I don’t see much of a risk there. Ironically they’ve really dodged a bullet by losing/withdrawing their lending program. The timing makes me wonder if there was already some smoke out there that caused them to drop it.
Coinbase drops plans to launch interest product after CEO's SEC comments
And in terms of solvency I don’t see much of a risk there. Ironically they’ve really dodged a bullet by losing/withdrawing their lending program. The timing makes me wonder if there was already some smoke out there that caused them to drop it.
Coinbase drops plans to launch interest product after CEO's SEC comments
Posted on 11/23/22 at 10:46 am to tenderfoot tigah
quote:
Slidell was explained to many times and he still says ridiculous stuff. That's why my post was directed at him.
I’ve explained over and over that is is terrible business to accept a currency that fluctuates like bitcoin. Why would any business accept a currency that can be worth appreciably less than the sale price of an item sold within seconds?
And why is it that whenever a person sells their bitcoin, they sell it in exchange for the USD?
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