BIT COIN (S)

[Efcjake]

haha!

Just for our daily recap:

• 16% increase in BitCoin value but
• Blocktrain firms are trading down after a late November spike
• Hyper-deflation in terms of what 1 BitCoin can actually purchase without being converted to the hated fiat currency

I have a feeling about this, not sure what though...

 

[Efcjake]

The failure of forks the failure of bitcoin cash. Whales realising that attempting to drag the market down are doomed to failure.

Kev?

 

[abelard]

well, apparently next week Chicago will open Bitcoin futures markets, allowing people to short it much more easily, and then the fun will really start

my favourite thing about all of this are the indexes set up for people who want to invest in Bitcoin but find actually buying or using it too cumbersome. as if that doesn't tell ya something...

 

[bobbydigital]

None of that says how the blockchain is improving those things that already exist.

Here’s a specific example for you to follow for the shipping industry.

https://public.dhe.ibm.com/common/ssi/ecm/xi/en/xi912347usen/XI912347USEN.PDF

You can take it or leave it, I’m not trying to sell you blockchain mate.

Just think there are way too many very big companies across a lot of different industries investing heavily in this for it to not become more and more widespread in the future.

 

[SerenityNigh]

Another reason why nobody is actually using it as a currency right there.

Bruce cleverly suggested as such earlier; would you engage in a mortgage in which you owed bitcoin?

 

[SerenityNigh]

By the way, if you have literally hundreds of thousands of dollars worth of bitcoin, shell out for a Financial Times subscription. They've covered cryptocurrencies every day for months now, not always mockingly.

Unless of course you already understanding everything better than they do...

Edit: This one is interesting too: https://ftalphaville.ft.com/2017/12...tell-us-about-the-state-of-modern-monopolies/

 

[SerenityNigh]

*13.6k

View attachment 42681

16% in a day. lol.

Sake! My house just lost another $200,000 USD!!!

 

[abelard]

can you pay for those with bitcoin yet? that might convince me...

 

[orly]

Sake! My house just lost another $200,000 USD!!!

Even worse mate, we've now gone from 16% to 18% growth in 20 minutes.

I reckon this is going to correct itself by Christmas.

 

[SerenityNigh]

Even worse mate, we've now gone from 16% to 18% growth in 20 minutes.

I reckon this is going to correct itself by Christmas.

A bitcoin price correction before Christmas will induce a corresponding Darwinian correction among investors

 

[SerenityNigh]

$13,990? FUUUUUUUU......

I'm selling my house

 

[orly]

A bitcoin price correction before Christmas will induce a corresponding Darwinian correction among investors

15.66 % !!!!!!

TO THE CLIFFS

 

[Kev The Rat]

well, apparently next week Chicago will open Bitcoin futures markets, allowing people to short it much more easily, and then the fun will really start

my favourite thing about all of this are the indexes set up for people who want to invest in Bitcoin but find actually buying or using it too cumbersome. as if that doesn't tell ya something...

Yes you’re right it’s all going to collapse

 

[Efcjake]

Here’s a specific example for you to follow for the shipping industry.

https://public.dhe.ibm.com/common/ssi/ecm/xi/en/xi912347usen/XI912347USEN.PDF

You can take it or leave it, I’m not trying to sell you blockchain mate.

Just think there are way too many very big companies across a lot of different industries investing heavily in this for it to not become more and more widespread in the future.

That specific example isn't anything revolutionary. I can tell you that the Canadian government has developed their own version of this software it's called eManifest and every government around the world that's part of the WTO is working on this without implementing blockchain technology.

None of it has shown me what the blockchain does yet.

 

[orly]

Yes you’re right it’s all going to collapse

Have some faith Kev! We want to see you get that 2 MILLION BIG ONES