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re: Can someone explain to me buying ethereum/Bitcoin
Posted on 11/29/17 at 5:40 am to hsfolk
Posted on 11/29/17 at 5:40 am to hsfolk
quote:
it has shot up exponentially in a short amount of time
Yes but this, although having all the symptoms of every speculative bubble in the history of mankind, isn't a speculative bubble.
Someone pinkie swore it wasn't.
0
Posted on 11/29/17 at 6:09 am to DVinBR
quote:
remember, buying bitcoin makes you the greater fool, don't be the greatest fool
Cant wait to bump this one next December.
Posted on 11/29/17 at 8:14 am to TigerSaint1
My buddy that is deep into the cryto stuff told me to only use the Asian exchanges due to volume and he doesn't trust the US
have any of y'all done this? or is my buddy just paranoid?
have any of y'all done this? or is my buddy just paranoid?
Posted on 11/29/17 at 8:49 am to Salmon
Paranoid.
Although I'm not sure how the government will track Asian exchanges. One thing I'm confident in is the US taxing the shite out of all these crypto gains.
Although I'm not sure how the government will track Asian exchanges. One thing I'm confident in is the US taxing the shite out of all these crypto gains.
Posted on 11/29/17 at 9:07 am to TigerSaint1
Another issue is, bitcoin is supposed to be a regularly used currency like the dollar but hardly anyone actually uses bitcoin the way it is supposed to be used
Posted on 11/29/17 at 9:24 am to DVinBR
So the price is directly reflective of the purchase volume increase?
Posted on 11/29/17 at 9:25 am to DVinBR
quote:
Another issue is, bitcoin is supposed to be a regularly used currency like the dollar but hardly anyone actually uses bitcoin the way it is supposed to be used
is that what some redneck on facebook told you?
Posted on 11/29/17 at 9:56 am to rocket31
Go look at the joke of transaction volume of bitcoin, and it’s hardly changed even though the value has skyrocketed
Posted on 11/29/17 at 8:25 pm to DVinBR
quote:
Another issue is, bitcoin is supposed to be a regularly used currency like the dollar but hardly anyone actually uses bitcoin the way it is supposed to be used
Who says it’s supposed to be a regularly used currency?
I honestly just believe you have no idea what it is, don’t want to know, and have taken a stance. Good luck to you
Posted on 11/29/17 at 8:49 pm to DVinBR
Lol DVinBR...you took the time to downvote me, but not respond. Pretty well confirms my post
Posted on 11/29/17 at 9:44 pm to TigerBite
wasn't me 
fyi i've been looking at bitcoin mostly since 2014 (first learned about it in 2011, it was strictly used for trading drugs anonymously on the deep web, mined a bit of it in 2014 because i actually had the hardware to do it and more places were accepting it and a profound interest in what it was about), so i have next to no risk in it, i know plenty about it and what i do know is that hardly anyone is using it properly as a cryptoCURRENCY which is causing a bubble that will explode like a nuke, where it will explode that's what i don't know
sure you can say im missing out but i just say oh well
fyi i've been looking at bitcoin mostly since 2014 (first learned about it in 2011, it was strictly used for trading drugs anonymously on the deep web, mined a bit of it in 2014 because i actually had the hardware to do it and more places were accepting it and a profound interest in what it was about), so i have next to no risk in it, i know plenty about it and what i do know is that hardly anyone is using it properly as a cryptoCURRENCY which is causing a bubble that will explode like a nuke, where it will explode that's what i don't know
sure you can say im missing out but i just say oh well
This post was edited on 11/29/17 at 10:05 pm
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