BIT COIN (S)

[COYBL25]

This is potentially the silliest thing I've seen in this thread. Massive misunderstanding of how that region works.

I'm sure if @Ashtonian was still here, he'd have managed to post something much more stupid

This thread was made for him.

* He'd have ended up living in a box at the back of Seel St, if he'd got involved with this.

 

[COYBL25]

Nothing, no one is going to touch it.

Its like the 1920's again, when will people learn from the mistakes of the past??

One word mate : GREED.

 

[Bruce Wayne]

Nothing, no one is going to touch it.

Its like the 1920's again, when will people learn from the mistakes of the past??

This time tomorrow we'll be millionaires Rodney.

 

[Moomin]

This time tomorrow we'll be millionaires Rodney.

And the day after we will be billionaires.

 

[Azzurri]

Who said anything about brazenly ?

I’m sure they’ve got fronts and businesses on the border

So the North Korean government have businesses on the border, which people are shot on sight for going anywhere near, and are using these businesses to fraudulently buy bitcoins while pretending to be South Korean?


Bed time for me.

 

[COYBL25]

And the day after we will be billionaires.

And the day after that, we'll be on our arses lol

 

[degsy]

This time tomorrow we'll be millionaires Rodney.

And the day after we will be billionaires.

And this time tomorrow we'll be broke
Edit; well not @Kev The Rat obvs, he'll get out in time

 

[Efcjake]

Remember bitcoin is divisible by 8 - you don’t need to buy a full bitcoin to get on board this train!

Right but it means your smallest unit of value is equivalent to approximately $2000. How do you get your change back from your cup of coffee?

 

[BernieH]

It's by no means the death knell, but it is an insight into the hyper-deflation problems with BitCoin at the moment and why a correction is inevitable. If you can't buy anything with it (and a HUGE amount of hype is coming from the video game / streamer industry at the moment, with their impressionable followers) what value does it have as a currency?

Certainly looks like it is playing a dangerous game with your money. If the biggest platform in the gaming industry doesn't want to touch it, I can imagine that having a knock on effect.

 

[abelard]

Certainly looks like it is playing a dangerous game with your money. If the biggest platform in the gaming industry doesn't want to touch it, I can imagine that having a knock on effect.

you would think so, but virgin libertarians are the driving intellectual force behind this, and if Donald Trump is anything to go by, they'll blame Steam, not Bitcoin, even after the latter collapses

 

[abelard]

I would also like to note that for all my skepticism about Bitcoin, I am 100% all in on Petros, the REAL cryptocurrency of the future! And I would encourage all of you to do likewise.

I plan to sell when the Petro hits 100 kajillionty dollars

Enter the 'petro': Venezuela to launch oil-backed cryptocurrency
https://www.reuters.com/article/us-...aunch-oil-backed-cryptocurrency-idUSKBN1DX0SQ

 

[Bruce Wayne]

I would also like to note that for all my skepticism about Bitcoin, I am 100% all in on Petros, the REAL cryptocurrency of the future! And I would encourage all of you to do likewise.

I plan to sell when the Petro hits 100 kajillionty dollars

Enter the 'petro': Venezuela to launch oil-backed cryptocurrency
https://www.reuters.com/article/us-...aunch-oil-backed-cryptocurrency-idUSKBN1DX0SQ

 

[Kev The Rat]

For those keeping track, this is how long it has taken the
cryptocurrency to cross the key psychological levels:

BTC:


$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days
$10000-$11000: 1 day
$11000-$12000: 6 days
$12,000-$13,000: 17 hours
$13,000-$14,000: 4 hours
$14,000-$15,000: 10 hours

 

[Efcjake]

For those keeping track, this is how long it has taken the
cryptocurrency to cross the key psychological levels:

BTC:


$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days
$10000-$11000: 1 day
$11000-$12000: 6 days
$12,000-$13,000: 17 hours
$13,000-$14,000: 4 hours
$14,000-$15,000: 10 hours

Two things there Kev. What's a "key psychological level(s)"?

Two, what has been driving the growth in value and why do you believe that growth is sustainable?

 

[Efcjake]

For those keeping track, this is how long it has taken the
cryptocurrency to cross the key psychological levels:

BTC:


$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days
$10000-$11000: 1 day
$11000-$12000: 6 days
$12,000-$13,000: 17 hours
$13,000-$14,000: 4 hours
$14,000-$15,000: 10 hours

Hmmm, looks like a bit of a slowdown there; 10 hours for the last $1000 jump in value but only 4 hours for the one before that.