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re: At $9600 per, Bitcoin is expected to hit the $10,000 mark today.
Posted on 11/29/17 at 11:01 am to 25 Point Lead
Posted on 11/29/17 at 11:01 am to 25 Point Lead
well its a bubble for sure, no matter what anyone says
the question is how much money is there to be made on the way up?
i sold out of BTC too early but my other alts are doing well (LTC, ETH, IOTA) so no regrets bro
if you made money its a win in my eyes
the question is how much money is there to be made on the way up?
i sold out of BTC too early but my other alts are doing well (LTC, ETH, IOTA) so no regrets bro
if you made money its a win in my eyes
2
Posted on 11/29/17 at 11:02 am to rocket31
What's it up to now?
Posted on 11/29/17 at 11:03 am to Bama and Beer
10700 on my exchange
this is one of most volatile days that i can remember
this is one of most volatile days that i can remember
Posted on 11/29/17 at 11:09 am to rocket31
quote:
well its a bubble for sure, no matter what anyone says the question is how much money is there to be made on the way up? i sold out of BTC too early but my other alts are doing well (LTC, ETH, IOTA) so no regrets bro if you made money its a win in my eyes
In your opinion what is non bubble market cap on the crypto market?
Posted on 11/29/17 at 11:09 am to rocket31
Ya, BTC is going crazy today. My LTC and ETH are much more stable.
About to buy a couple hundred worth of IOTA using some of my ETH profits.
ETA: Oh, and please tell me all you folks are using MFA on your exchange or coinbase accounts?
About to buy a couple hundred worth of IOTA using some of my ETH profits.
ETA: Oh, and please tell me all you folks are using MFA on your exchange or coinbase accounts?
This post was edited on 11/29/17 at 11:12 am
Posted on 11/29/17 at 11:11 am to rocket31
So when will people actually use BTC as a currency and not as a way to make money, what will it’s value be?
Right now, all I see are people staring at charts unloading and repurchasing over and over?
When does stability and use as a currency come into play?
Been acting like this for years. Just think of all those poor souls who purchased bread with their BTC a year ago.
Right now, all I see are people staring at charts unloading and repurchasing over and over?
When does stability and use as a currency come into play?
Been acting like this for years. Just think of all those poor souls who purchased bread with their BTC a year ago.
This post was edited on 11/29/17 at 11:12 am
Posted on 11/29/17 at 11:12 am to ItNeverRains
quote:3 Trillion.
In your opinion what is non bubble market cap on the crypto market?
BTC alone will hit $40,000 next year.
Posted on 11/29/17 at 11:14 am to JayDeerTay84
quote:When it becomes the defacto worldwide currency not controlled by any central fiat based bank.
When does stability and use as a currency come into play?
Posted on 11/29/17 at 11:16 am to ItNeverRains
i wish i knew
bubble or not, healthy markets eventually go bear.
with that said i'd say that blockchain has such a good chance of becoming a key element in digital finance for potentially billions of people, that im quite willing to buy some even when they're overpriced in the short term.
so imo were in bubble but the long-term prospects are still great.
bubble or not, healthy markets eventually go bear.
with that said i'd say that blockchain has such a good chance of becoming a key element in digital finance for potentially billions of people, that im quite willing to buy some even when they're overpriced in the short term.
so imo were in bubble but the long-term prospects are still great.
Posted on 11/29/17 at 11:16 am to Bullfrog
quote:
When it becomes the defacto worldwide currency not controlled by any central fiat based bank.
And how does that happen? What is the purpose of no regulation?
Not all regulation is bad.
For a global currency, we would have to have built utopia. No more countries like NK or Iran, etc.
Posted on 11/29/17 at 11:21 am to JayDeerTay84
quote:
And how does that happen? What is the purpose of no regulation?
You should probably start with cryptography, then move on to block chains once you have a good grasp of cryptography.
Once you understand those two things, you'll have your answer.
Posted on 11/29/17 at 11:26 am to JayDeerTay84
It’s not no regulation, it’s self or internal regulation because of technology
Do you check health department reports before you go eat at a new restaurant or Yelp? Health Dept. is becoming irrelevant.
Also look for the spread of the use of the Uber rating system. Currently, your poor rating may have you not getting a ride.
As that system spreads, your poor reputation will stop people from doing business with you. Or you’ll pay a lot more until your behavior improves.
Do you check health department reports before you go eat at a new restaurant or Yelp? Health Dept. is becoming irrelevant.
Also look for the spread of the use of the Uber rating system. Currently, your poor rating may have you not getting a ride.
As that system spreads, your poor reputation will stop people from doing business with you. Or you’ll pay a lot more until your behavior improves.
Posted on 11/29/17 at 11:29 am to Bullfrog
good point.
ill add that there is regulation within the space. the days of scam ICOs are coming to an end. atm, if you get ripped off by an ICO, thats your own damn fault imo
ill add that there is regulation within the space. the days of scam ICOs are coming to an end. atm, if you get ripped off by an ICO, thats your own damn fault imo
Posted on 11/29/17 at 11:30 am to rocket31
quote:
with that said i'd say that blockchain has such a good chance of becoming a key element in digital finance for potentially billions of people, that im quite willing to buy some even when they're overpriced in the short term.
it will extend far beyond just financial and transaction services. especially true for ethereum.
i like bullfrog's electricity analogy. the tech behind all of this will be a gamechanger
Posted on 11/29/17 at 11:33 am to Carson123987
quote:
it will extend far beyond just financial and transaction services. especially true for ethereum.
Bingo. Which is why I have the majority of my money in ETH. We actually have a few attorneys here where I work seriously digging in to ETH because of the ability to use it for contractual purposes.
Posted on 11/29/17 at 11:38 am to rocket31
quote:
with that said i'd say that blockchain has such a good chance of becoming a key element in digital finance for potentially billions of people
When I see statements like this about tech I always think Sony Betamax, Netscape, CompuServe.
Posted on 11/29/17 at 11:39 am to Centinel
Best marketplace to purchase? I know coinbase has the big 3 but is there a good one out there that will allow me to play with some of the smaller IOTA type currencies?
Posted on 11/29/17 at 11:39 am to Carson123987
quote:
it will extend far beyond just financial and transaction services. especially true for ethereum.
indeed, the digital finance stuff is just scratching the surface of the potential
Posted on 11/29/17 at 11:42 am to rocket31
quote:
Tweet from coinbase
"We are experiencing all time high traffic at the moment. - 8x the peak we saw in June.
Posted on 11/29/17 at 11:43 am to EA6B
quote:
When I see statements like this about tech I always think Sony Betamax, Netscape, CompuServe.
You're looking at it the wrong way.
block chain = viewing movies at home
block chain = internet
What you are talking about are services running off the technology. Your example would be more accurate if you were comparing some of the more obscure crypocurrencies against betamax, netscape, etc.
Not all cryptocurrencies will prove to be successful. But the underlying tech of block chain will be.
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