Announcement

Collapse
No announcement yet.

Bitcoin the tulip or lord of money.

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Originally posted by commanding View Post


    not arguing.....rather serious query........a person had half million dollars in gold certificates in US IN 1920 stashed under his bed,....then along comes FDR. who eliminates public right to trade currency notes for gold bullion.
    that govt action robs citizen of his gold in essence, right? There is always a. govt. Same with savings in real estate or any form ....almost. govts can and do nationalize business, land, structures, companies,,....see Cuba, china etc.



    intrinsic value being portable thus small and lightweight like gold or diamonds = superior to gold backed currency. (Gold coins, silver coins)

    my belief is bitcoin does not solve most issues with govt currency

    so i agree with banker....There is no safe store of value.
    some methods safer than others. Gold, silver, real estate....real property with intrinsic value. Ammo. Certain amounts of guns, food. Etc.
    I agree, there is no safe store of value. At any point big government will come along and take what's yours for the greater good.

    I can see this happening with bitcoin. No independent currency with a finite limit will be allowed to gain major traction in the world. If and when BC becomes stable and a means of every day transaction, it will be the enemy of the government and central banks. A ban on BC would not surprise me in the least.

    Comment


    • #17
      Hungarian raid on the private pension.

      There is always room for another metal. Problem being someone else can invent one like Bitcoin. Can't see it being banned now its regulated.

      The system will never go back to gold standard. Having two accounting systems one fixed one floating. I dred the thought.
      People would go bonkers. I have forex accounts. Nightmares each of them
      Just look at hamstrung Greece fixed in the Euro. Its healthier to have a floating currency and your own ability to ease monetary conditions with interest rate.

      People still like cash. India had to force GST & Indians love cash. Its wasn't easy but they did it.
      It acted as a subsidy for small business and consumers.. lost. But the Govt needed the tax in the end.
      Tracking reserve bank crypto money may be interesting for Govts for taxes and statistics. How big a computer would that need?

      Down to $13000 low then a bounce for Bitcoin.

      Comment


      • #18
        5 1/2 hours till Chicago debut.

        The doubters suspect shorting will occur.

        Comment


        • #19
          Well that didn't happen. Yet.
          Expected a whale to short it and unveil the secret hack to destroy bitcoin.

          40% clearing fee on future trades and only Goldmans Sachs will do it for reliable clients. Still no faith in non fiat crypto currency.

          Its still alive Igor.
          Same with Etherium..also up.

          Comment


          • #20
            Originally posted by N-rg View Post
            No, i see a slowly increasing amount as necessary against deflation and natural loss of coins.

            Other currencies have an infinite amount and give a dividend of 1 to 6% a year to prevent this, which i think is the better solution.

            Btw many years ago in 2013 i think i first came in contact with crypto currencies.
            Back then i could mine a single Bitcoin in one or two weeks or so.

            And what did i do? I mined fucking Dogecoins because i was dumb -.-
            Eventually i deleted the wallet becaus back then they were as useless as today
            Mate...wtf, find that shit: https://www.cnbc.com/2018/01/04/cryp...1-billion.html

            Comment


            • #21
              Originally posted by Soldat_Américain View Post
              Welp.......

              But hey i have 0.09 Ether now

              Comment


              • #22
                Warren Buffet who doesn't invest in this type did say if he could find a five year bond, presumably that the current cryptocurrency platform would not exist. He'd buy it.

                Dimon keeps taking shots at Bitcoin. Apologises for negative statements. Then adds he doesn't think about it. Noted already he's invested in Ethereum.

                Like any good pirate would He's also been hoarding silver.
                http://www.hangthebankers.com/jp-mor...-silver-hoard/

                Comment


                • #23
                  Ah Warren Buffet

                  Comment


                  • #24
                    http://www.news.com.au/finance/money...d51adca46fa29d

                    Bitcoin plummets as South Korea announces plans to ban cryptocurrency trading

                    Not calling it the end, as insanity has no pattern, but this shit was never going to fly with big brother.

                    Korea and bitcoin was like the Japanese are to tentacle rape.

                    Comment


                    • #25
                      $230,394,026,699 USD
                      https://coinmarketcap.com/currencies/bitcoin/

                      $121,148,391,450 USD
                      https://coinmarketcap.com/currencies/ethereum/

                      Bitcoin market cap from two different sites this morning... hahaha..???

                      Ethereum
                      $0.121T
                      https://www.coindesk.com/ethereum-price/

                      $121,148,391,450 USD
                      https://coinmarketcap.com/currencies/ethereum/

                      Comment


                      • #26
                        Originally posted by primer View Post
                        $230,394,026,699 USD
                        https://coinmarketcap.com/currencies/bitcoin/

                        $121,148,391,450 USD
                        https://coinmarketcap.com/currencies/ethereum/

                        Bitcoin market cap from two different sites this morning... hahaha..???

                        Ethereum
                        $0.121T
                        https://www.coindesk.com/ethereum-price/

                        $121,148,391,450 USD
                        https://coinmarketcap.com/currencies/ethereum/
                        I don't understand your post : you are showing bitcoin and ethereum.

                        Comment


                        • #27


                          Bitcoin is slowly dying



                          And that should make sense, as every other coin is technically ahead of Bitcoin.
                          Btc is now the unflexible conglomerate of coins.

                          Its just that most people have just gained interest in Bitcoin, while the more adept crowd is already moving on

                          Comment


                          • #28
                            Originally posted by Bitogno View Post

                            I don't understand your post : you are showing bitcoin and ethereum.
                            Bitcoins cap is 100 billion difference between two trading sites. Both sites are presumably connected to the same Bitcoin electronic currency system.

                            Comment


                            • #29
                              Originally posted by primer View Post

                              Bitcoins cap is 100 billion difference between two trading sites. Both sites are presumably connected to the same Bitcoin electronic currency system.
                              You put 4 links :
                              1 about bitcoins from Coinmarketcap :
                              https://coinmarketcap.com/currencies/bitcoin/

                              3 about Ethereum :
                              https://coinmarketcap.com/currencies/ethereum/
                              https://www.coindesk.com/ethereum-price/
                              https://coinmarketcap.com/currencies/ethereum/

                              The 100 billion difference you are showing is between bitcoin and ethereum market capialisation.

                              Comment


                              • #30
                                I concede that I was confused.

                                Its literally a horse race. Though you can switch horse during the race.
                                https://coinmarketcap.com/

                                There is 1426 of them as of this morning
                                1426
                                Rechecked it.
                                Last edited by primer; 13-01-2018, 09:44 AM.

                                Comment

                                Working...
                                X