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Started By
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re: At $9600 per, Bitcoin is expected to hit the $10,000 mark today.
Posted on 11/27/17 at 5:29 pm to starsandstripes
Posted on 11/27/17 at 5:29 pm to starsandstripes
quote:You would do well to study the whole crypto currency/block chain revolution. It’s so much bigger than the Silver/Gold run for the hills viewpoint.
Bitcoin is not real. Gold is real. Silver is real
0
Posted on 11/27/17 at 5:33 pm to shel311
quote:If I'm him, I wouldn't have even said that. Granted, i don't know his level of anonymity on this site. If there was even a chance someone knew who I was, not chance in hell I say my investment is worth $1million+
Greater than three digits but fewer than four.
1. So somewhere between $960k and $9.6mil.
2. What would be the harm in saying the actual number?
Posted on 11/27/17 at 5:37 pm to Centinel
quote:What most skeptics don't understand is the technology behind crypto currencies. They think people are just investing in fake coins when there is a purpose for the technology. That purpose differs from coin to coin
Agreed. It of course has it's inherent value as a cryptocurrency, but what I'm looking forward to is all the other uses for the blockchain. I think ETH will be the better long-term investment for that reason.
Posted on 11/27/17 at 5:40 pm to starsandstripes
quote:
Bitcoin is not real. Gold is real. Silver is real.
How real is gold really? What you going to do with gold bar when you are starving to death. I'm certainly not giving up my canned peas for some gold shavings.
Posted on 11/27/17 at 6:38 pm to MrSpock
I actually saw a bitcoin atm today
Posted on 11/27/17 at 6:39 pm to starsandstripes
quote:
Bitcoin is not real. Gold is real. Silver is real. Bitcoin is going to crash so hard and when it does it's going to crash in the span of about an hour. Better sell it now.
I feel like I’m having the retail vs online shopping arguement all over again.
Posted on 11/27/17 at 7:10 pm to ItNeverRains
As with any technology that disrupts the everyday norms, there is strong pushback at first
Posted on 11/27/17 at 7:13 pm to ItNeverRains
quote:
I feel like I’m having the retail vs online shopping arguement all over again.
Online retail still provided you with something tangible
Posted on 11/27/17 at 7:21 pm to TigerTatorTots
quote:
As with any technology that disrupts the everyday norms, there is strong pushback at first
it makes people uncomfortable to accept something that isnt status quo becoming mainstream.
so they use scare tactics like "its dangerous" or "its not real" or "there is nothing tangible" to not only feel better about not understanding it themselves but to also force others to avoid doing so as well
Posted on 11/27/17 at 7:27 pm to Cosmo
quote:
Online retail still provided you with something tangible
Bitcoin can provide you with lots of things that are tangible.
Like Bitcoin, there is no physical store. Yet it is about to make shopping malls a thing of the past.
Posted on 11/27/17 at 7:28 pm to MrSpock
quote:
How real is gold really? What you going to do with gold bar when you are starving to death. I'm certainly not giving up my canned peas for some gold shavings.
More real than Bitcoin. A lot more.
Posted on 11/27/17 at 7:30 pm to OceanMan
Gold is only valuable because women are vain.
Posted on 11/27/17 at 7:32 pm to ItNeverRains
quote:
Yet it is about to make shopping malls a thing of the past.
Amazon is fighting to set up stores and you are saying the future is killing retail shopping?
Posted on 11/27/17 at 7:33 pm to starsandstripes
quote:
Bitcoin is not real. Gold is real. Silver is real.
I'm way too stupid to understand bitcoin/cryptcurrencies, BUT...
it strikes me as very strange that a lot of people who rail against the Fed/its digital printing press and used to be in the hard assets goldbug alt economic camp have moved on to something even more...abstract/intangible.
I suppose there will come a point, perhaps when granny boomer dies off, that crypto becomes widely accepted. Until then, it just seems like an investment to me, not something that will be used daily. Also, big banking isn't going down without a fight.
Posted on 11/27/17 at 7:34 pm to Bunk Moreland
quote:
Also, big banking isn't going down without a fight.
Big banking are some of the biggest investors in crypto
Posted on 11/27/17 at 7:34 pm to Bunk Moreland
quote:
abstract/intangible.
Even better, it can be hacked and recreated.
Posted on 11/27/17 at 7:38 pm to fightin tigers
quote:
Amazon
will accept a cyrpto currency someday
Posted on 11/27/17 at 7:39 pm to rocket31
quote:
will accept a cyrpto currency someday
No doubt.
Posted on 11/27/17 at 7:44 pm to fightin tigers
quote:
Amazon is fighting to set up stores and you are saying the future is killing retail shopping?
Yes. When one store kills 50, that is the end of a retail era. Stay tuned.
Posted on 11/27/17 at 7:45 pm to Deactived
quote:
Big banking are some of the biggest investors in crypto
ya, i personally did work with fidelity this past summer about blockchain tech.
inb4: i dont believe you
my response: k
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