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- Bitcoin breaks $5,000
wtf it was like $2k a couple of weeks ago
every time i dont buy, it goes up i can f***ing guarantee if i buy now, it will go down and stay down or ill never be able to sell to anyonme |
StarsOfCCTV posted...
What instrument do I have to short this? Google bitcoin market sites, there are plenty.Darkman124 posted... Rika_Furude posted...i can f***ing guarantee if i buy now, it will go down and stay down The current market cap of all cryptos is about 0.160T. Gold's market cap is about 8T, the dot com bubble popped at 110T. Bitcoin hasn't even begun to peak. When nations and banks start scrambling to invest 100% into cryptos, that's when we'll be close. By then Bitcoin will be $1MM a coin. Cryptos are the new Internet and they're going to change the world. There's still plenty of time to be an early adopter. |
clearaflagrantj posted...
StarsOfCCTV posted...What instrument do I have to short this? in fact. just lol |
Hmm...I sold most of my BTC for Ark so I could get all those staking profits.
Oh well...BTC will drop over the next couple days and I'll buy in again. |
MrSinclair posted...
It will come back down and settle around $4800. BlazinBlue88 posted... Hmm...I sold most of my BTC for Ark so I could get all those staking profits. Disagree, $5,000 was a massive psychological sell wall, and now that it has been crushed I'd bet it becomes our new line of resistance. courier_nv posted... oh god you're for real In five years you'll be trying to buy Bitcoin and it will be $500,000 a coin and you'll be b****ing about how it's stupid and not fair. I bet plenty of people were claiming the Internet wouldn't be a big deal either. |
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Let's hope Litecoin gets there too
~snip (V)_(;,;)_(V) snip~
I'm just one man! Whoa! Well, I'm a one man band! http://i.imgur.com/p9Xvjvs.gif |
should've have put have my btc into alt coins lol but I'm still up slightly. still this is pretty nuts
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Asherlee10 posted...
What caused the hike? Drama over an upgrade to the btc code is fizzling away pls posted... It's a bubble. There's no inherent value to those tokens. If you want to invest money, buy index funds or real estate. This dude is literally calling btc a bubble then recommends REAL ESTATE. Jesus f***ing christ how are you actually this dense. |
Don't act like index funds or real estate is any safer to invest in than Bitcoin, everything is backed by people's demands that's where value comes from. Plus you can do more with Bitcoin than just invest it is practical and for some people it's a store of value that helps combat crazy inflation happening in their country.
#NotMyPresident #JusticeDemocrats #PathOfExile #WolfPAC #Bitcoin
#WeAre12 #12thMan #Seahawks #Belieber #UBI #PokemonGo #twitterfriends #MMA #PopularHashtags |
Damn_Underscore posted...
it literally has no use as an actual currency it does in some limited areas and places, but lots of people are speculating that countries are going to move to blockchain currencies in the next decade or so
He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor.
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courier_nv posted...
clearaflagrantj posted...I bet plenty of people were claiming the Internet wouldn't be a big deal either. The internet had an obvious purpose. Cryptocurrencies don't. |
at least the internet wasn't trying to devalue our money and bring down civilization as we know it
seriously whats gonna happen when bitcoin is trading for millions? thats what you guys want right?
Tell me the story about how people used to believe in the Bible - Future kid to their grandparents
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We're about to cross $5,300.
mortimerjames posted... at least the internet wasn't trying to devalue our money and bring down civilization as we know it No more f***ing government bailouts to companies, no more loaning out money made of thin air, this is a f***ing utopia in the making. A currency owned by the people, decentralized. |
mortimerjames posted...
seriously whats gonna happen when bitcoin is trading for millions? thats what you guys want right? Besides, there are 15.7 million millionaires in America alone. If each of Bitcoin's 21 million coins were worth a million, that would barely change the already glaring problem if wealth inequality. |
clearaflagrantj posted...
No more f***ing government bailouts to companies, no more loaning out money made of thin air, this is a f***ing utopia in the making. A currency owned by the people, decentralized. man this seems incredibly idyllic
He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor.
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Can I buy a piece of a coin? Seems complicated to buy
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The problem is that most of bitcoin's (and other crypto) value comes from speculation. That's because a Pacman-shaped size of the pie of investors (including myself), treat bitcoin as a stock rather than a currency. The shift in perception of bitcoin from the former to the latter is required for its value to increase by an order of magnitude.
No sig here
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- Boards
- Current Events
- Bitcoin breaks $5,000
- Boards
- Current Events
- Bitcoin breaks $5,000
clearaflagrantj posted...BignutzisBack posted...
Can I buy a piece of a coin? Seems complicated to buy
Go to Coinbase.com
Make an account
Link your bank account or credit card
Buy any amount of BTC you want. You can buy a fraction (i.e. 0.01BTC for $53).
That's it
If I spend $106 what do you think it will br worth in 5 years?Balrog0 posted...clearaflagrantj posted...
No more f***ing government bailouts to companies, no more loaning out money made of thin air, this is a f***ing utopia in the making. A currency owned by the people, decentralized.
man this seems incredibly idyllic
It's the type of wishy-washy poppyc*** nonsense that cryptocurrency enthusiasts tell one another so that other people will keep buying and driving up the bubble.BignutzisBack posted...clearaflagrantj posted...
BignutzisBack posted...
Can I buy a piece of a coin? Seems complicated to buy
Go to Coinbase.com
Make an account
Link your bank account or credit card
Buy any amount of BTC you want. You can buy a fraction (i.e. 0.01BTC for $53).
That's it
If I spend $106 what do you think it will br worth in 5 years?
1BTC = $100K easily, that means $2,000 for you.Wtf is this 200 dollar weekly limit s***?BignutzisBack posted...How do I mine bitcoin?
Not worth it. Go mine another coin.BignutzisBack posted...How do I mine bitcoin?
@clearaflagrantj
Mining Btc is worthless because 1. You're competing with massive Chinese factories with specialized computers built specifically for mining, and 2. Your GPU will barely be able to offset the cost of electricity you'll ve using + wear and tear on your card.
As another poster said, mine something else. Vertcoin is a BTC clone that is meant to be mined by GPUs and it is gaining in popularity. I bought some, seems to be worth mining.
pls posted...Bitcoin will never be $100k
Mind if I put you in my sig?bitcoin will soar into the millions. in as early as 5 years bitcoin will be the new standard.@clearaflagrantj is it true that coinbase actually owns my bitcoin and that a "fork" could take it away?BignutzisBack posted...@clearaflagrantj is it true that coinbase actually owns my bitcoin and that a "fork" could take it away?
No, they do not own it. A fork will create a new coin, and you should receive equal of the new coin as you have bitcoin.
What's cool about bitcoin is that it has a set limit, unlike real currency, where the US can just keep printing money which results in devaluation of old currency. You can also take it offline, but that means you can lose it. The market cap of bitcoin isn't the true market cap because it is expected that 1-3 million bitcoin is lost forever.krazychao5 posted...
No, they do not own it. A fork will create a new coin, and you should receive equal of the new coin as you have bitcoin.
This is not true, if your crypto is on an exchange, you do not physically own the coin, you do not have the private key.
For example, if you owned Bitcoin before the BCH fork, Coinbase did not give you your BCH yet (they plan to starting January 2018). They could have even kept it if they wanted to. Bittrex did not give out the airdrop of GAS for NEO owners and has no intention on doing so.
If your BTC is not on your hardware wallet, paper wallet, or phone/desktop/cold storage wallet, you do not own it.
As of right now Coinbase hasn't given a clear answer on whether they support B2X or not, so it's risky to leave your Bitcoin on their exchange. I would advise pulling all BTC off ASAP.
So to answer this question:
BignutzisBack posted...@clearaflagrantj is it true that coinbase actually owns my bitcoin and that a "fork" could take it away?
Nobody knows for sure yet. Right now BTC nodes are mostly signaling for BTC, yet most miners intend to mine B2X. Coinbase could potentially convert all BTC into B2X and call it "Bitcoin," and considering the confusion that might take place in a contentious fork, some people might get burned.
This is one of the many cases why you should be in control of your own private keys, pull your BTC off the exchanges.clearaflagrantj posted...We're about to cross $5,300.
mortimerjames posted...at least the internet wasn't trying to devalue our money and bring down civilization as we know it
seriously whats gonna happen when bitcoin is trading for millions? thats what you guys want right?
No more f***ing government bailouts to companies, no more loaning out money made of thin air, this is a f***ing utopia in the making. A currency owned by the people, decentralized.
LmaoI'm honestly surprised to see so many ignorant people. All it takes is some googling, geeze.
If you don't think crypto has a future, you are, without a doubt, an idiot.Pineapples are in my head.
http://i158.photobucket.com/albums/t92/muttley1211/bug.gifemblem boy posted...Wait clear, how should I be pulling my stuff off coinbase?
Ideally on a cold storage offline computer or a hardware wallet like a Trezor or Ledger Nano S
You could put them all on a mobile wallet but it's not as safe.
https://bitcoin.org/en/choose-your-walletdo you know when the next fork will be? Is it safe to keep in coinbase until the fork approaches?is it worth buying from coinbase if there's a fork coming up? Is there a trusted exchange site that doesn't support forks?..*) .*)-Steam ID: itsjacobyo | http://i.imgur.com/FoV5u.gif
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