Paashaas
Legendary
Offline
Activity: 3554
Merit: 4663
|
|
May 15, 2019, 06:08:19 PM |
|
|
|
|
|
Icygreen
Legendary
Offline
Activity: 1463
Merit: 1135
|
|
May 15, 2019, 06:16:14 PM |
|
Haha, look who wants your bitcoin, just got this email from coinbase. Paypal won't allow you to buy BTC but they'll gladly relieve you of yours. SMH
|
|
|
|
kenzawak
|
|
May 15, 2019, 06:21:19 PM |
|
Soon... they'll all want one.
|
|
|
|
|
Toxic2040
Legendary
Offline
Activity: 1806
Merit: 4169
|
|
May 15, 2019, 06:32:25 PM |
|
Good morning all. Sorry..there has been far too much gentlemen happening for me to be bothered posting lately. Deal with it. ---------- #dyor 1h 4h D 52 week smoothed MA W #stronghands
|
|
|
|
fabiorem
|
|
May 15, 2019, 06:33:44 PM |
|
You found one possible value for bitcoin, if its adopted as currency.
|
|
|
|
|
lightfoot
Legendary
Offline
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
|
|
May 15, 2019, 06:35:55 PM |
|
Looks like we're stuck at 8,000. Boring.....
|
|
|
|
ssmc2
Legendary
Offline
Activity: 2002
Merit: 1040
|
|
May 15, 2019, 06:36:29 PM |
|
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
I'm wondering why we stuck on this price level and then I realized that we reached a massive resistance zone with at least 5 areas from the past on the weekly chart. Probably we need here much more FOMO and half-nacked climbing girls then before to get through to 10k!
|
|
|
|
Toxic2040
Legendary
Offline
Activity: 1806
Merit: 4169
|
|
May 15, 2019, 06:41:26 PM |
|
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
An OG with 50k coins will have more power than most countries do now. ~150 of them will have half the world's wealth. By far the most people will not have any money at all. Bitcoin will bring about a new feudal technocracy. But first, complete chaos.
That very well may be, but how exactly would you exert that wealth without spending precious bitcoin and thereby, reducing your bitcoin stash? Bitcoin lending? Why would some lend a deflationary asset? Borrowing cash against your btc stash? That can turn ugly at 80% drawdown. Bitcoin interest-a ridiculous idea that is not even practical without someone rehypothicating bitcoin, which should be a bad habit. I am close to 100% certain that blockFi will kick the bucket at one point or another. You could do lending crypto to crypto with a smart contract with assets put on the line as collateral but of course this would need to be all cleared by the government as binding before anyone would risk it. Yes, my point is that you cannot do anything without spending or somehow lending it out, so OGs will have difficulty influencing much, unless some secondary markets develop. They could buy stock in Volkswagen as they own Lamborghini and that shits going to spike. That might be a safe bet actually 😉 LOL..so that 2008 superspike in Volkswagen stock was maybe a premonition of things to come? JK https://www.reuters.com/article/us-volkswagen/short-sellers-make-vw-the-worlds-priciest-firm-idUSTRE49R3I920081028bitcoin was the second time in my life that i tried to invest in something. first time was ... well... the dotcom bubble. i had $10k to invest, went to my bank and told i want to invest in tech companies. my banker gave me a list of stocks he would recommend. i invested $9k in internet stocks and told him i want to put $1k in something as far away from internet stocks as possible. he did not like that idea and tried to talk me out of it. i insisted and picked volkswagen. wasn´t a hot stock at that time, the banker shook his head. a few days later the dot com bubble bursts and within just a few days my portfolio went down from $10k to $1k (the VW shares did not move a bit), all tech stock i had was worth only pennies. i bought the very very top of a multiyear bubble. man, i got so mad. i swore to myself i would fucking hold that those vw shares until they 10folded, so i would come out clean. everyone told me it was a stupid idea because stocks of car companies never 10fold. 8 years later (!) the vw shares made a sudden 10fold and i sold right away. the banker never looked into my eyes again and i had learned a big lesson. when i bought my first bitcoin it again was at the very top of a bubble. bitcoin started a 90% nose dive one day after i bought. i still own the dot com bubble stock. still worth only pennies. in harsh contrast to the btc i bought.
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
|
May 15, 2019, 07:00:23 PM |
|
BTC breaking out.
|
|
|
|
BitcoinGirl.Club
Legendary
Offline
Activity: 2926
Merit: 2778
Bitcoingirl 2 is downloading 💓
|
|
May 15, 2019, 07:00:34 PM Last edit: May 15, 2023, 12:38:53 PM by BitcoinGirl.Club Merited by El duderino_ (1) |
|
LOL BitcoinCashClassic BitcoinCashCash: BitcoinCashCashCash BitcoinCashCashClassicClassic BitcoinCashCashCashSV BitcoinCashCashClassicClassicSV
|
|
|
|
Biodom
Legendary
Offline
Activity: 3906
Merit: 4382
|
|
May 15, 2019, 07:02:06 PM |
|
An OG with 50k coins will have more power than most countries do now. ~150 of them will have half the world's wealth. By far the most people will not have any money at all. Bitcoin will bring about a new feudal technocracy. But first, complete chaos.
That very well may be, but how exactly would you exert that wealth without spending precious bitcoin and thereby, reducing your bitcoin stash? Bitcoin lending? Why would some lend a deflationary asset? Borrowing cash against your btc stash? That can turn ugly at 80% drawdown. Bitcoin interest-a ridiculous idea that is not even practical without someone rehypothicating bitcoin, which should be a bad habit. I am close to 100% certain that blockFi will kick the bucket at one point or another. You could do lending crypto to crypto with a smart contract with assets put on the line as collateral but of course this would need to be all cleared by the government as binding before anyone would risk it. Yes, my point is that you cannot do anything without spending or somehow lending it out, so OGs will have difficulty influencing much, unless some secondary markets develop. They could buy stock in Volkswagen as they own Lamborghini and that shits going to spike. That might be a safe bet actually 😉 LOL..so that 2008 superspike in Volkswagen stock was maybe a premonition of things to come? JK https://www.reuters.com/article/us-volkswagen/short-sellers-make-vw-the-worlds-priciest-firm-idUSTRE49R3I920081028bitcoin was the second time in my life that i tried to invest in something. first time was ... well... the dotcom bubble. i had $10k to invest, went to my bank and told i want to invest in tech companies. my banker gave me a list of stocks he would recommend. i invested $9k in internet stocks and told him i want to put $1k in something as far away from internet stocks as possible. he did not like that idea and tried to talk me out of it. i insisted and picked volkswagen. wasn´t a hot stock at that time, the banker shook his head. a few days later the dot com bubble bursts and within just a few days my portfolio went down from $10k to $1k (the VW shares did not move a bit), all tech stock i had was worth only pennies. i bought the very very top of a multiyear bubble. man, i got so mad. i swore to myself i would fucking hold that those vw shares until they 10folded, so i would come out clean. everyone told me it was a stupid idea because stocks of car companies never 10fold. 8 years later (!) the vw shares made a sudden 10fold and i sold right away. the banker never looked into my eyes again and i had learned a big lesson. when i bought my first bitcoin it again was at the very top of a bubble. bitcoin started a 90% nose dive one day after i bought. i still own the dot com bubble stock. still worth only pennies. in harsh contrast to the btc i bought. What a cool story, thanks... I first made quite well on internet stocks (being an investment newbie back then), then lost almost EVERYTHING, apart from money I cashed out during 1997-2001 on family expenses and a house downpayment. Had to rebuild my stocks back from a low number, mostly in retirement accounts, but, hey, I got a house out of it back then. The propensity for "risky" bets reared it's head again with btc, lol.
|
|
|
|
BitcoinGirl.Club
Legendary
Offline
Activity: 2926
Merit: 2778
Bitcoingirl 2 is downloading 💓
|
|
May 15, 2019, 07:02:14 PM |
|
BTC breaking out.
$8,247!!!
|
|
|
|
Biodom
Legendary
Offline
Activity: 3906
Merit: 4382
|
|
May 15, 2019, 07:03:11 PM |
|
BTC breaking out.
$8,247!!!kawabangaaa!
|
|
|
|
fillippone
Legendary
Online
Activity: 2310
Merit: 16551
Fully fledged Merit Cycler - Golden Feather 22-23
|
|
May 15, 2019, 07:04:55 PM Last edit: May 16, 2023, 09:14:26 AM by fillippone |
|
SBTC is actually a real BTC fork: Superbitcoin (SBTC) https://forkdrop.io/super-bitcoin
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
May 15, 2019, 07:06:44 PM |
|
|
|
|
|
|
|