BITCOIN as an alternative to regular currency

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weemac
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Joined: Mon Sep 16, 2013 8:16 pm

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.
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Euler
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Location: Bet Angel HQ

Off 30% today, who knows where the floor is.
steven1976
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https://m.facebook.com/story.php?story_ ... 5217242674

Im sure we all have a mate like this on FB the past couple of weeks
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Kafkaesque
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steven1976 wrote:
Fri Dec 22, 2017 2:39 pm
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 :lol:
steven1976
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I think it was a bit of a piss take.
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Euler
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It was funny, but uncannily realistic
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Kafkaesque
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steven1976 wrote:
Fri Dec 22, 2017 3:36 pm
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.
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ruthlessimon
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Kafkaesque wrote:
Fri Dec 22, 2017 3:59 pm
I'm among the few holdouts not using Facebook so couldn't watch the video.
Ditto, been facebook clean for 3yrs :D
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ShaunWhite
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ruthlessimon wrote:
Fri Dec 22, 2017 4:02 pm
Kafkaesque wrote:
Fri Dec 22, 2017 3:59 pm
I'm among the few holdouts not using Facebook so couldn't watch the video.
Ditto, been facebook clean for 3yrs :D
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"
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megarain
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Xmas Special
btc-xmas-special.jpg
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Zenyatta
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Bitcoin seems like its crashing. Look at the famous attached graph of a 'bubble' or 'hype cycle'. Bitcoin price chart seems to match it exactly - we've moved from the peak of the mania phase to the 'blow off' phase, and we've just come out of the 'bull trap'.

Look at the small price move back upwards just after the crash starts (denial), fooling naïve speculators into thinking that's it's going back up- 'the bull trap' (return to normal), only for it to nosedive once again soon after.... :twisted:

https://www.coindesk.com/price/
hype_cycle.jpg
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ShaunWhite
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From a couple of days ago....
Exmo Bitcoin exchange manager kidnapped in Kiev

http://www.bbc.com/news/business-42505261
Trading96
Posts: 470
Joined: Thu Mar 16, 2017 4:47 pm

Zenyatta wrote:
Sat Dec 30, 2017 2:41 am
Bitcoin seems like its crashing. Look at the famous attached graph of a 'bubble' or 'hype cycle'. Bitcoin price chart seems to match it exactly - we've moved from the peak of the mania phase to the 'blow off' phase, and we've just come out of the 'bull trap'.

Look at the small price move back upwards just after the crash starts (denial), fooling naïve speculators into thinking that's it's going back up- 'the bull trap' (return to normal), only for it to nosedive once again soon after.... :twisted:

https://www.coindesk.com/price/

hype_cycle.jpg
That's the thing you've got so many people buying the dip that it may take a very long time for it to crash fully. Add to that if bitcoin recovers to the 20k usd mark then the FOMO is gonna be huge. As it will appear invincible.
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Euler
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Charlie Munger isn't exactly a fan

https://www.youtube.com/watch?v=6AXg6K-pguE
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Euler
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When things don't make any sense (Ripple)

http://awealthofcommonsense.com/2018/01 ... any-sense/
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