Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
|
|
June 15, 2018, 11:22:08 AM |
|
What do you think about Bitcoin not breaking the support 5500€ / 6800$? I'm not very confident that this will be the bottom, there was not enough panic selling and FUD imo! Maybe we'll see a break of the support first, then a bull run for new highs can start. I figure that BTC price and Alts etc are going to Yo/Yo at best between 5k and 6k for the next 9 months especially if mt. gox keeps kicking out $125 million of BTC dump the 10th of every month until the surplus of 1.40 billion is gone just the way it is that and the fact IF there is a run, seems exchanges always go down or are hacked ..thus driving prices down further buckle up boys and girls it is gonna suck big time (again, better minds then me prove I'm wrong...please...please...) brad
|
|
|
|
|
|
|
|
|
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
RivAngE
Full Member
Offline
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
|
|
June 15, 2018, 11:30:14 AM |
|
At least they got BCH right They don't seem to know of BTCP though! Other than that, it has the exact same opinion with me! :O It's positive on ARK and ETN, which are my main holdings along with XRP. For XRP they stay neutral. Also the Bitshares (BTS), Verge (XVG) and Litecoin (LTC) comments are on point! The only one I've found to be in dissagreement with my opinion is the Blockport (BPT) which is a semi-decentrilized-social exchange where the user holds the private keys and you get paid for being followed in social trading (having users copy your trades). Maybe because it's currently in closed beta it's mentioned as shitcoin, but as long as they deliver, this is going to be helpful to the whole crypto market because it has the potential be a good and safe exchange. Oh and it's based on ARK's ecosystem!
|
|
|
|
FractalUniverse
|
|
June 15, 2018, 11:51:01 AM |
|
Hi I’m new here . Who the fuck is this roach geezer . What a complete asshole. Why does everyone put up with his shit? Edit:weeeee
our legendary troll. did you just create new account for asking this here? or are you him?
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2506
Merit: 12091
BTC + Crossfit, living life.
|
|
June 15, 2018, 12:26:25 PM |
|
Hi I’m new here . Who the fuck is this roach geezer . What a complete asshole. Why does everyone put up with his shit? Edit:weeeee
our legendary troll. did you just create new account for asking this here? or are you him? the 1 troll that becomes funny and almost can't be missed anymore @every time of the day he can post its like a day job to be involved in here trolling BTC and wishing to own some
|
|
|
|
Torque
Legendary
Offline
Activity: 3556
Merit: 5041
|
|
June 15, 2018, 12:28:01 PM |
|
This is how stupid Vinny Lingham is: https://twitter.com/VinnyLingham/status/1006899091127746565Never mind the fact that HODL is precisely what gives the exchange value that Bitcoin has today (and every other asset on the planet). And it reduces price volatility. If everyone bought bitcoin simply to turn around and spend it minutes later, effectively having a bitcoin savings net sum of zero, it'd probably have an exchange market value of around $2/btc and that would never change. Not to mention you lose 2% (broker fee) right off the bat just from going through the hassle of buying it, which has to be made back to use as a net zero currency.
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
June 15, 2018, 01:18:56 PM |
|
This is how stupid Vinny Lingham is: https://twitter.com/VinnyLingham/status/1006899091127746565Never mind the fact that HODL is precisely what gives the exchange value that Bitcoin has today (and every other asset on the planet). And it reduces price volatility. If everyone bought bitcoin simply to turn around and spend it minutes later, effectively having a bitcoin savings net sum of zero, it'd probably have an exchange market value of around $2/btc and that would never change. Not to mention you lose 2% (broker fee) right off the bat just from going through the hassle of buying it, which has to be made back to use as a net zero currency. Meh, I'm not a big fan of the idea of hodling so that you can sell later. For me I wish people would convert and spend rather than buy, hodl, sell. The idea of holding means you're resisting the temptation of selling. But if bitcoin is your main currency...why would you ever consider buying some fiat?
|
|
|
|
greensheep
Member
Offline
Activity: 278
Merit: 44
|
|
June 15, 2018, 01:19:38 PM |
|
Uhoh... Hold onto your pantaloons, people. Possible choppy waters ahead. Are we in for dump Sunday/weekend again? BLuh
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
June 15, 2018, 01:37:57 PM |
|
... if bitcoin is your main currency...why would you ever consider buying some fiat?
Probably because Bitcoin is not a main currency. Yet. It can be. At least that's the way I treated it which allowed me to have almost 95% of my money in bitcoins. I was able to live on bitcoin in Germany where it's damned hard. If you can't live on bitcoin in the US you're not trying.
|
|
|
|
|
Torque
Legendary
Offline
Activity: 3556
Merit: 5041
|
|
June 15, 2018, 01:54:20 PM |
|
For me I wish people would convert and spend rather than buy, hodl, sell.
The idea of holding means you're resisting the temptation of selling. But if bitcoin is your main currency...why would you ever consider buying some fiat?
Well a lot more people would do that instead of converting back to fiat if you could easily pay your taxes, pay your mortgage, pay bills, buy houses, cars, groceries, etc. with bitcoin. But currently (esp in the U.S.) you can't. And possibly not ever, at least in most first world countries. And in the U.S., the IRS wants to steal their share of any gains you might have.
|
|
|
|
Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
|
|
June 15, 2018, 01:54:39 PM |
|
Wall Observer BTC/USD - Bitcoin price movement tracking & discussion So relevant.
|
|
|
|
mOgliE
Legendary
Offline
Activity: 1344
Merit: 1251
|
|
June 15, 2018, 01:54:56 PM |
|
Meh, I'm not a big fan of the idea of hodling so that you can sell later.
For me I wish people would convert and spend rather than buy, hodl, sell.
The idea of holding means you're resisting the temptation of selling. But if bitcoin is your main currency...why would you ever consider buying some fiat?
Yeah but... Is anyone actually using btc as a main curreny yet? I mean even without talking about the fact that my salary isn't in btc, that I can't pay my taxes in btc and so on... Who the hell would accept to use a currency where 1mBTC can buy you a 2 breads the monday, 8 the friday and 1 the next week? As long as the price won't be stable nobody will use it as a main currency.
|
|
|
|
Torque
Legendary
Offline
Activity: 3556
Merit: 5041
|
|
June 15, 2018, 01:56:18 PM |
|
As long as the price won't be is stable nobody will use it as a main currency go through the hassle and expense of ever buying any to simply use it as a daily currency.
FTFY
|
|
|
|
realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
|
|
June 15, 2018, 01:58:56 PM |
|
Wall Observer BTC/USD - Bitcoin price movement tracking & discussion So relevant. I assumed you did not want to discuss losing all your money at Bitmexico.
|
|
|
|
realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
|
|
June 15, 2018, 02:09:26 PM |
|
Evil Jewish plagiarist Einstein said "racism is a disease of white people", yet new memoirs reveal Einstein hated Chinese people and also signed on to the Hooton plan to exterminate white Europeans (not to be confused with the Kalergi plan, another Jewish plan to exterminate white Europeans): http://dailystormer.name/kike-hoaxster-einstein-hated-the-chinks-diaries-reveal/
|
|
|
|
ssmc2
Legendary
Offline
Activity: 2002
Merit: 1040
|
|
June 15, 2018, 02:13:08 PM Merited by JayJuanGee (1) |
|
What do you think about Bitcoin not breaking the support 5500€ / 6800$? I'm not very confident that this will be the bottom, there was not enough panic selling and FUD imo! Maybe we'll see a break of the support first, then a bull run for new highs can start. I figure that BTC price and Alts etc are going to Yo/Yo at best between 5k and 6k for the next 9 months especially if mt. gox keeps kicking out $125 million of BTC dump the 10th of every month until the surplus of 1.40 billion is gone just the way it is that and the fact IF there is a run, seems exchanges always go down or are hacked ..thus driving prices down further buckle up boys and girls it is gonna suck big time (again, better minds then me prove I'm wrong...please...please...) brad No way we fluctuate in a 1k range for 9 months. We're either going to flash crash below 6k soon then begin a slow trek up or begin that slow trek right now until the impetus for the next bull run.
|
|
|
|
Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
|
|
June 15, 2018, 02:13:36 PM |
|
Wall Observer BTC/USD - Bitcoin price movement tracking & discussion So relevant. I assumed you did not want to discuss losing all your money at Bitmexico. You got the first (and probably the last) merit from me.
|
|
|
|
d_eddie
Legendary
Offline
Activity: 2492
Merit: 2940
|
|
June 15, 2018, 02:16:58 PM |
|
Woof! Woof!
Wall Observer BTC/USD - Bitcoin price movement tracking & discussion So relevant. Quoting doesn't help, either. It's just like spreading more dog food in the garden. First come dogs, then roaches.
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
June 15, 2018, 02:19:35 PM Last edit: June 15, 2018, 02:33:13 PM by Elwar |
|
For me I wish people would convert and spend rather than buy, hodl, sell.
The idea of holding means you're resisting the temptation of selling. But if bitcoin is your main currency...why would you ever consider buying some fiat?
Well a lot more people would do that instead of converting back to fiat if you could easily pay your taxes, pay your mortgage, pay bills, buy houses, cars, groceries, etc. with bitcoin. But currently (esp in the U.S.) you can't. And possibly not ever, at least in most first world countries. And in the U.S., the IRS wants to steal their share of any gains you might have. Most peoples' taxes are taken out of their paycheck. With BitWage you can get your paycheck direct deposited to a bitcoin address without your company ever knowing you are getting paid in bitcoin. In Europe I was able to pay bills, rent (until I talked my landlord into taking BTC directly), etc. with bitwala. Not sure if there is a similar service in the US but a quick google search gives welto.io, coinbills.com and coinsfer.com. Buy houses? Something done how often? Every 5 years maybe? Buy a used car with bitcoin or go to the very few auto dealers in the US that accept BTC (again, what...every 5 years? are you holding fiat so you can buy a car?). When I wanted a car in Germany I went to a localbitcoins guy and got the cash to pay for the car. Groceries? Whole Foods, Walmart, Target(do they have groceries?). Gas? Walmart. Restaurant? Buffalo Wild Wings. Everything else? Amazon. I just know the couple of times I visited the US since converting to bitcoin it was sooooo easy. Or are you waiting to only use bitcoin when the store you go to has a QR code? Or perhaps they need to make it easier? Trust me, when you only have bitcoin to spend. You'll find ways to pay for just about everything. (Oh nos! I have to buy a gift card! That's not bitcoin! It allows you to have bitcoin as your main currency and not rely on banks or holding fiat that loses value over time, take the 3% discount through gift cards already).
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2506
Merit: 12091
BTC + Crossfit, living life.
|
|
June 15, 2018, 02:25:33 PM |
|
for me momently i save my new capital/incomes/gaines in BTC and play poker for BTC thats allready a start food and other things are for later
|
|
|
|
|