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Message

re: I hope ya'll got into Bitcoin at $19,000

Posted on 12/22/17 at 1:20 pm to
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 12/22/17 at 1:20 pm to
Man shut the frick up stout. You and broke are just as annoying as crypto pumpers. We get it, it’s a bubble.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 12/22/17 at 1:21 pm to
quote:


There is nothing wrong with laying down a couple hundred dollars or whatever you can afford on a couple of coins and just letting it ride. People that are taking out second mortgages on their homes to invest are the ones that are going full retard with it


Some of the people in the crypto thread are gonna be divorced soon.

Getting cards to max out without any financial safety net behind it
Posted by 25 Point Lead
Member since Nov 2017
575 posts
Posted on 12/22/17 at 1:22 pm to
quote:

Getting cards to max out without any financial safety net behind it


Well that's just idiotic
Posted by stout
Porte du Lafitte
Member since Sep 2006
175928 posts
Posted on 12/22/17 at 1:22 pm to
quote:

and those only function correctly 30% of the time


One of my cards is really thick and made of metal. Chip readers hate it

But to this point...

quote:

and you think there will be a viable auto crypto exchange in the near future?


Again, it won't matter because eventually there will only be a few crytpos left and they will all be too volatile to ever be used as a steady currency.

I am not sure the investment in system upgrades for a store like say Target to accept fairy money that they just immediately convert to USD will be worth it as long as crypto remains the niche it is.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65283 posts
Posted on 12/22/17 at 1:22 pm to
In other words it's still not widely accepted for goods and services. Unless those goods are drugs and those services are hitman related

Ya'll need to feel like this is something that will change the world. But sadly it won't
Posted by stout
Porte du Lafitte
Member since Sep 2006
175928 posts
Posted on 12/22/17 at 1:24 pm to
Your hate for a stranger on the internet (me) is fricking sad and shows you have serious mental and self esteem issues. Do you wanna to talk about it? We can get you help. Just reach out and let us know.
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
75083 posts
Posted on 12/22/17 at 1:24 pm to
quote:

There will be a time in the near future thanks to the combination of ethereum and omisego where you will be able to walk into a store, pay with what every currency you choose, and it will immediately be converted into whatever currency the


Define, please.
Posted by slackster
Houston
Member since Mar 2009
90101 posts
Posted on 12/22/17 at 1:24 pm to
I've been watching a ton of videos and reading articles on blockchain technology, and while I think it's fascinating, I have a very hard time imagining how more than one crypto currency has a shot of making it out.

Also, I don't see the correlation to the future of blockcoin technology and Bitcoin/Ethereum/Litecoin/etc. What good is Bitcoin if I want to use blockchain technology to streamline medical records, for instance?
Posted by bee Rye
New orleans
Member since Jan 2006
34200 posts
Posted on 12/22/17 at 1:26 pm to
quote:

Define, please.
2-4 years
Posted by bee Rye
New orleans
Member since Jan 2006
34200 posts
Posted on 12/22/17 at 1:27 pm to
quote:

What good is Bitcoin if I want to use blockchain technology to streamline medical records, for instance?
those technologies will be on the ethereum Blockchain, PTOY is working on that
Posted by slackster
Houston
Member since Mar 2009
90101 posts
Posted on 12/22/17 at 1:28 pm to
quote:

those technologies will be on the ethereum Blockchain, PTOY is working on that


Sounds like you're behind ethereum - do you believe only one crypto ultimately survives?
Posted by Brazos
Member since Oct 2013
20557 posts
Posted on 12/22/17 at 1:29 pm to
If people are doing that then shame on them. I'm looking at it as a form of entertainment, kinda like going to the casino every now and then. I'm just hoping for the best.
Posted by stout
Porte du Lafitte
Member since Sep 2006
175928 posts
Posted on 12/22/17 at 1:29 pm to
quote:

those technologies will be on the ethereum Blockchain, PTOY is working on that



He is saying the blockchain can be utilized for the medical records purpose without the coin function.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 12/22/17 at 1:31 pm to
How many “it’s a bubble!!!!! posts are you going to make? A couple times, got it it’s discussion. Every other post and it’s an obsession looking for validation.

This post was edited on 12/22/17 at 1:33 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
175928 posts
Posted on 12/22/17 at 1:34 pm to
I made one on the MB during discussion and one here during discussion so two I guess. Do you want me to make more? I can if you think I need to for validation and that would make you feel validated that you are correct.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 12/22/17 at 1:36 pm to
Don’t forget to add your disclaimer that you own some
Posted by slackster
Houston
Member since Mar 2009
90101 posts
Posted on 12/22/17 at 1:37 pm to
quote:

He is saying the blockchain can be utilized for the medical records purpose without the coin function.


You have to pay the miners or else there is no incentive to process transactions on the chain, but yeah, why use ethereum when you can start your own?

Also, despite my best efforts to grasp the technology, I'm still not sure how the blockchain would be useful for everyday life. Currency I understand, but other functions are hard to grasp. How would private/public keys work for medical records, for instance?
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14331 posts
Posted on 12/22/17 at 1:38 pm to
quote:

Broke

Can you imagine how much money you would have made over the last 4 years if for every negative post you made about bitcoin, you purchased 0.1 bitcoins? My god...

ETA: that may be my strategy moving forward. Instead of buy on the dips, buy on the Broke posts..
This post was edited on 12/22/17 at 1:40 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
175928 posts
Posted on 12/22/17 at 1:39 pm to
I don't own any currently actually :(

Do you want me to stop discussing crypto? It seems to make you really angry that I discuss things on a message board and I hate for you to be angry going into Christmas. I am here for you if that's what it takes.
Posted by stout
Porte du Lafitte
Member since Sep 2006
175928 posts
Posted on 12/22/17 at 1:40 pm to
quote:


You have to pay the miners or else there is no incentive to process transactions on the chain


At some point it seems like the process could be moved to massive servers owned by the block chain companies so no need for miners.
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