BITCOIN as an alternative to regular currency

[LinusP]

https://www.bloomberg.com/news/articles ... blockchain

[Zenyatta]

Price of Bitcoin moving around faster than a low-grade horse race, incredible. Down to 13K in a day.

https://motherboard.vice.com/en_us/arti ... of-bitcoin

"A connected sex toy syncs with every ebb and flow of the cryptocurrency market."

"Bitcast is a service that tracks the real-time value of Bitcoin, Ethereum, and Litecoin in US dollars, on a chart that syncs with a line of internet-connected Lovense sex toys. When the value goes up, the vibrations intensify. When it goes down, the vibes back off."

[Euler]

https://www.bloomberg.com/news/articles ... blockchain

Carbon copy of the dot com boom

[megarain]

Thought about paying someone £35 in BTC this morning.

Last week, £155 to same person, cost £4.00 transaction fee.

They want £24.33, this morning, to pay same person, £35.

Thx, but, no.

[megarain]

We have reviewed the overnight funding charges that we apply to client positions on our cryptocurrency markets – Bitcoin, Bitcoin Cash, Bitcoin Gold and Ether.

We will therefore be updating our overnight funding rate to 0.068% for all cryptocurrency markets (25% per annum). Clients with short positions will now receive the overnight funding rate, rather than pay it. In addition, a 7.5% per-annum IG admin fee will also apply.

What does this mean for my cryptocurrency positions?

• If you are long, you will pay an overnight funding charge of 0.089% a day (32.5% per annum).

• If you are short, you will receive an overnight funding charge of 0.048% a day (17.5% per annum).


///

Thievingindex.com ... they pay 17%, but charge 32%

[weemac]

So not only do you pay $13k for a coin, but you pay another $4k for the privilege of holding it for a year?

This whole story just gets better and better.

[Euler]

Off 30% today, who knows where the floor is.

[steven1976]

https://m.facebook.com/story.php?story_ ... 5217242674

Im sure we all have a mate like this on FB the past couple of weeks

[Kafkaesque]

https://m.facebook.com/story.php?story_ ... 5217242674

Im sure we all have a mate like this on FB the past couple of weeks

Well, it's kinda hard to take anyone, who would mention bitcoin and gluten-free bread in the same sentence, all that serious in the first place, now isn't it

[steven1976]

I think it was a bit of a piss take.

[Euler]

It was funny, but uncannily realistic

[Kafkaesque]

I think it was a bit of a piss take.

Fair enough, makes me feel ever so slightly better I'm among the few holdouts not using Facebook so couldn't watch the video.

[ruthlessimon]

I'm among the few holdouts not using Facebook so couldn't watch the video.

Ditto, been facebook clean for 3yrs

[ShaunWhite]

I'm among the few holdouts not using Facebook so couldn't watch the video.

Ditto, been facebook clean for 3yrs

I've never used Fleecebook, Chatnumpty or Instagranny either. Never understood why anyone would what to know where I am, what I'm doing, or what I'm eating.

"Look at me I'm watching Star Wars"

[megarain]

Xmas Special

btc-xmas-special.jpg