Posted by
Message
Odinson
LSU Fan
Asgard
Member since Apr 2014
1943 posts

re: Bitcoin - shave and a haircut
Pretty simple but I've been only doing few K at a time each week to not raise any large flags. Alts-BTC-USD/GDAX-Chase
This post was edited on 10/13 at 9:27 pm


Replies (0)
Replies (0)
00
Jones
New Orleans Saints Fan
Member since Oct 2005
72247 posts

re: Bitcoin - shave and a haircut
Very easy to put sell orders in. 75k can be eaten up in a matter of seconds

Depends on the exchange. Bittrex for example charges 0.25% on your transaction

Easier than online gambling. These websites aren't doing anything illegal like the gambling ones. They are insured if that means anything to you


LSURep864
LSU Fan
Greenville,SC
Member since Nov 2007
6443 posts

re: Bitcoin - shave and a haircut
Bump


LSUregit
LSU Fan
Member since Dec 2013
1007 posts

re: Bitcoin - shave and a haircut
12.2 K and rising


TigerTatorTots
New Orleans Pelicans Fan
The Safeshore
Member since Jul 2009
74269 posts

re: Bitcoin - shave and a haircut
I love these threads


Replies (0)
Replies (0)
20
Captain Crackysack
Member since Oct 2017
620 posts

re: Bitcoin - shave and a haircut
So it's great and all that everyone is making a quick buck, but everyone in this thread is classifying Bitcoin as an investment vehicle and not a currency. If your goal is to go USD>BTC >wait for appreciation>USD then your just hoping that more and more people find out about Bitcoin and decide to invest in order to drive the price up. And once people either stop deciding to invest or institutional money takes their gains and leaves, whoever is left holding BTC is fricked because nobody actually wants to use the shite as a currency.


ATLdawg25
Georgia Fan
Atlanta, GA
Member since Oct 2014
3967 posts

re: Bitcoin - shave and a haircut
In one sentence, can someone tell me what the value of bitcoin is tied to?

Also if the value continues going up, wouldn’t that prevent it from becoming a widely accepted currency? No one would ever spend it like they would a dollar.

Not trying to downplay the rise. I just truly don’t understand.


LSURep864
LSU Fan
Greenville,SC
Member since Nov 2007
6443 posts

re: Bitcoin - shave and a haircut
Bitcoin is currently is a more useful, secure store of value than gold. Not a very useful currency. There are solutions coming that will scale Bitcoin to Visa levels of transaction volume. The phone companies didn't think the internet would eat their business either. Sears didn't think the internet would eat their business, Newspapers didn't think the internet would eat their business.

Banks currently think the internet isn't going to eat their business. They are wrong. Just like the former industries and companies mentioned.
This post was edited on 12/6 at 9:50 am


weagle99
Valparaiso Fan
Member since Nov 2011
24760 posts
 Online 

re: Bitcoin - shave and a haircut
quote:

Bitcoin isn't even the best crypto to own long term.


What do you think is the best long term? Noob looking to learn here
This post was edited on 12/6 at 10:11 am


Replies (0)
Replies (0)
00
weagle99
Valparaiso Fan
Member since Nov 2011
24760 posts
 Online 

re: Bitcoin - shave and a haircut
quote:

Banks currently think the internet isn't going to eat their business. They are wrong.


You are overlooking the political power of banks to force changes in law.


rocket31
Toledo Fan
Member since Jan 2008
33478 posts

re: Bitcoin - shave and a haircut
quote:

You are overlooking the political power of banks to force changes in law.


like what?



Replies (0)
Replies (0)
01
DVinBR
New Orleans Saints Fan
Member since Jan 2013
4025 posts

re: Bitcoin - shave and a haircut
Quit denying the fact that bitcoin is a purely speculative bubble that will go off like a nuke


Replies (0)
Replies (0)
21
rocket31
Toledo Fan
Member since Jan 2008
33478 posts

re: Bitcoin - shave and a haircut
quote:

$5775

Moonballing my god


posted on October

hold me brahs i cant take these gains


rocket31
Toledo Fan
Member since Jan 2008
33478 posts

re: Bitcoin - shave and a haircut
i just reread through this thread again

needs to be in the archives, an instant classic


Replies (0)
Replies (0)
31
Page 1 2 3 4 5 6
Jump to page
first pageprev pagePage 6 of 6next pagelast page
refresh

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram