Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
- Start date
Mist
Eeyore Enthusiast
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Someday scientists will figure out how to release all the wasted energy that was put into generating bitcoins by reversing the process.most investment vehicles have a value that's impacted by speculation. crypto is almost exclusively speculation. at least baseball cards can be burned for warmth in the winter
That's how infothermodynamics works, right?
BrutulTM
Good, bad, I'm the guy with the gun.
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It's a currency that no one uses. It's a giant craps table, that's it.
- 1
Ravishing
Uninspiring Title
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Ignorance and a shitty meme. Why post?
The BrutulTMs of the world see bitcoin through their rose colored glasses as being useless and unnecessary. But in a world where there are failing countries and currencies, Bitcoin is being used and does have great value.
You can buy things with it but if you're already invested in a strong currency (USD/Euro) you're going to be less inclined to use Bitcoin.
Brad
Trakanon Raider
- 198
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Fidelity investments, Bakkt ( from the same company that created the NY stock exchange), UTrust, upcoming ETF ruling, etc. Mass adoption is coming, no question about it.
Although I admit a lot of the coins are pointless and many were created cos "Why not?". However the crypto version of the dot com crash should eventually clear most of the thrash out.
The time to get in is now.
Although I admit a lot of the coins are pointless and many were created cos "Why not?". However the crypto version of the dot com crash should eventually clear most of the thrash out.
The time to get in is now.
Ravishing
Uninspiring Title
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Lol. This is going to get fun again. Round 2 of trolls and speculators going at each other.
My personal bet is if it gets to 20k I'm dumping my shares and will wait for it to fall again. I think 6k is a safe support level right now and possibly 12k next year once the halving occurs
OU Ariakas
Diet Dr. Pepper Enjoyer
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Tuco
I got Tuco'd!
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Ravishing
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It was also over 10 years ago when Bitcoin was released and we first started talking about it.
If only we all setup mining rigs at the time on our personal pcs, we could have been set for life.
I still remember when this happened:
Bitcoin - Wikipedia
If you didn't mine, the main exchange was Mt Gox which ended up going bankrupt and losing most of their coins (theft).
There have been more then a few bumps along the way and it's completely understandable why we're not all bazillionaires atm.
If only we all setup mining rigs at the time on our personal pcs, we could have been set for life.
I still remember when this happened:
Bitcoin - Wikipedia
If you didn't mine, the main exchange was Mt Gox which ended up going bankrupt and losing most of their coins (theft).
There have been more then a few bumps along the way and it's completely understandable why we're not all bazillionaires atm.
Ravishing
Uninspiring Title
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People expecting it to reach 50-100k in 2019 are just silly.
I do expect Bitcoin will continue to rise... like that image claims..
I also expect some falls.
I see 15K as very realistic in this bull market.
But as soon as resistance hits, it will stagnate again, or fall.
My prediction is big fluctuations between 10-15k then it'll settle at around 12k for a few months/yr. Once we get closer to the "halvening", we'll see a spike into 20k or higher.
The Halvening! Bitcoin Halving for Rocket Lovers
I do expect Bitcoin will continue to rise... like that image claims..
I also expect some falls.
I see 15K as very realistic in this bull market.
But as soon as resistance hits, it will stagnate again, or fall.
My prediction is big fluctuations between 10-15k then it'll settle at around 12k for a few months/yr. Once we get closer to the "halvening", we'll see a spike into 20k or higher.
The Halvening! Bitcoin Halving for Rocket Lovers
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I've heard people recommend cash.app to buy BTC because of the lower fees, (Coinbase fees are theft) but I've not personally used it. I think it's Jack's (twitter CEO) business so it should be safe.
Still using Electrum personally, but use Exodus for a couple of alts. Both are good for BTC.
Still using Electrum personally, but use Exodus for a couple of alts. Both are good for BTC.