Bitcoin Breaks the $11000 Mark

Discussion in 'Lounge' started by uhub, Nov 29, 2017.

Thread Status:
Not open for further replies.
  1. SynthAnon

    SynthAnon Member

    Joined:
    Nov 29, 2017
    Messages:
    26
    Likes Received:
    12
    You were the one who randomly jumped into the thread acting like everyone was confusing bitcoins and blockchains when people were specifically referencing the bitcoin...

    Got in on Bitbay a month ago. Pretty happy with my double up
     
  2. twoheart

    twoheart Audiosexual

    Joined:
    Nov 21, 2015
    Messages:
    977
    Likes Received:
    502
    Location:
    Share many
    The question is not a single shot and hit. Question is, what one is able to achieve in the long run, say 30 years.
    One hit wonders are nothing in investments.
    It's the same as if one says, "Got in on Roulette a day ago. Pretty happy with my double up betting on 'impair'".
    I've heard countless people swank with their investments one day, but the next year I didn't hear anything about the 'big win'. I've seen people getting bankrupt because of their big infallible deal in an IPO. Time will prove capabilities (or their absence).
    I wish everyone just the best. Good luck and prosper ;)
     
    • Like Like x 1
    • Dislike Dislike x 1
    • List
  3. SynthAnon

    SynthAnon Member

    Joined:
    Nov 29, 2017
    Messages:
    26
    Likes Received:
    12
    It's the same as Roulette he says :rofl:
    [​IMG]
     
    • Like Like x 4
    • Dislike Dislike x 1
    • List
  4. jayxflash

    jayxflash Guest

    Not the bitcoin itself, the blockchain technology.

    One can't kill the blockchain tech but bitcoin can be shaken really good, it's a currency after all.

    And yet, instead of telling me "hey dude, no one on this thread is confusing bitcoin with blockchain" you reaction is on the lines of "hey dude, bitcoin is blockchain, I am confusing bitcoin and blockchain".

    I'm out. Peace!
     
  5. SynthAnon

    SynthAnon Member

    Joined:
    Nov 29, 2017
    Messages:
    26
    Likes Received:
    12
    You're projecting again. Like when you joined the thread complaining about something no one here had done.
     
  6. DoubleSharp

    DoubleSharp Producer

    Joined:
    Oct 20, 2015
    Messages:
    190
    Likes Received:
    133
    I like the way loads of people are "Down with the banks!" yet seem to be completely willing to join the glut.

    Crypto currency is certainly going to have interesting affect on nations fiat currency...

    I guess that's good or bad depending on your personal opinion regarding the 'sovereignty' of your elected representatives and democracy.

    Very interesting point.

    I would say it is arguable that if the Nixon Shock hadn't happened, computers would never have come down in price or had the investment plowed in to it. It is a miracle/accident that mere plebs like ourselves have access to this stuff.

    Nevertheless, it doesn't really change all that much.

    "When the last tree has been cut down, the last fish caught, the last river poisoned, only then will we realize that one cannot eat Bitcoin."
     
  7. saltwater

    saltwater Guest

    no, i disagree, call me a dullard but i made a lot of money just the last week, this is not a bubble at all.
    Do not listen to jp Morgan and the like, ofc they all say that, but its not a bubble. it all makes perfect sense.
    i predict over 45k in the next years
     
  8. Psychoacoustic

    Psychoacoustic Kapellmeister

    Joined:
    Sep 9, 2015
    Messages:
    124
    Likes Received:
    56
    Anyone wish to buy some Dutch Tulips?
     
  9. Rhodes

    Rhodes Audiosexual

    Joined:
    Feb 4, 2015
    Messages:
    918
    Likes Received:
    526
    Bitcoin ? ... just use them, and the rest will come automatically...
    investing in it is a gamble.

    @Psychoacoustic
    There are cooler Dutch plants than Tulips to invest in, and get rich faster :chilling:
     
  10. Pipotron3000

    Pipotron3000 Rock Star

    Joined:
    Mar 13, 2013
    Messages:
    969
    Likes Received:
    432
    What is funny for now is Bitcoin being indexed ... in american dollars :rofl:
    So WHAT is the real value ? Just nothing ... like dollars.

    Bitcoin is raising BECAUSE ALL other currencies are falling. Do you think ppl are going to buy more dollars ? No way. The Empire is falling.
    Euros ? No way. UK 50 article limit is march 2019. And european elections are just after :bleh:
    Sterling ? Falling. Russia rouble ? Falling. China yuan ? Falling...and on and on.

    Central banks are going to kill every currency on Earth. And Bitcoin being indexed on those currencies...you see ?

    On my side, i'm on gold standard ... and guns. Bitcoin may be, just for fun and speculation. Until Bitcoin (or like) will be on GOLD STANDARD.
    "Big reset" is coming...
     
    • Like Like x 1
    • Funny Funny x 1
    • List
  11. RMorgan

    RMorgan Rock Star

    Joined:
    May 17, 2014
    Messages:
    510
    Likes Received:
    357
    I think bitcoin is going down sooner or later. Sure, the technology behind it is brilliant and extremely promising, but better cryptocurrencies will come in the near future.

    What will eventually kill bitcoin is speculation. It was supposed to be used as a currency, not as investment. In reality, though, just a tiny fraction of bitcoin transactions are actually for commercial purposes...

    I guess somebody will have to find a way to protect crypocurrencies from speculation, otherwise it will always end up with a burst bubble.

    A truly effective decentralized and untraceable currency must be somehow immune to wallstreet type predators...These dudes are like locusts who feed from anything with potential for profitability.
     
    Last edited: Nov 30, 2017
  12. Pipotron3000

    Pipotron3000 Rock Star

    Joined:
    Mar 13, 2013
    Messages:
    969
    Likes Received:
    432
    Bitcoin lost 2000 in one night, going from 11 000 to 9.290 dollars.

    TODAY...

    You still think it is a good thing to put your money on ? Good luck...
     
    • Funny Funny x 1
    • Useful Useful x 1
    • List
  13. mrpsanter

    mrpsanter Audiosexual

    Joined:
    Mar 28, 2014
    Messages:
    1,419
    Likes Received:
    655
    Assuming your comment wasn't ironic, can you please elaborate?
     
  14. twoheart

    twoheart Audiosexual

    Joined:
    Nov 21, 2015
    Messages:
    977
    Likes Received:
    502
    Location:
    Share many
    Tulip bulbs were the first ever stock bubble in history
    https://en.wikipedia.org/wiki/Tulip_mania

    But today, thats for sure, the other plants are more effective, not only as an investment :)
     
    Last edited: Nov 30, 2017
  15. SynthAnon

    SynthAnon Member

    Joined:
    Nov 29, 2017
    Messages:
    26
    Likes Received:
    12
    Hush don't tell that to these goys. I love music, I love musicians. The people here are financial illiterates
     
    Last edited by a moderator: Dec 1, 2017
  16. SynthAnon

    SynthAnon Member

    Joined:
    Nov 29, 2017
    Messages:
    26
    Likes Received:
    12
    Really? Investing in a decentralized currency is a gamble? You know what central banks are right?
     
  17. SynthAnon

    SynthAnon Member

    Joined:
    Nov 29, 2017
    Messages:
    26
    Likes Received:
    12
    Coins in general have gone up in value 100k% since 2008. Good luck lmao
     
  18. Could I buy a guitar that is worth $1800 with bitcoin, or for that matter a piece of chocolate, and if I could, how would that conceivably work if it is a currency and it is now at a rate of (hypothetically) 11,000 to the dollar? Anyone?
     
    Last edited by a moderator: Dec 1, 2017
  19. twoheart

    twoheart Audiosexual

    Joined:
    Nov 21, 2015
    Messages:
    977
    Likes Received:
    502
    Location:
    Share many
    No, I don't think so. The majority may not be experienced with money, but they are at least no gamblers. Investing in Bitcoin at the moment is not just gambling but gambling with a very bad probability of a win. At the moment.
    The other "digital currencies" may be a good bet, but no one knows wich of the more than 800 digital currencies existing will survive.

    But it's needless to discuss any such matter with believers.
     
    Last edited: Dec 1, 2017
  20. Jeen

    Jeen Producer

    Joined:
    Jan 2, 2016
    Messages:
    224
    Likes Received:
    116
    you're right Blockchain is supervised by Blythe Masters of JPMorgan... the same women who supervised Credits default Swap :suicide:
    https://fr.wikipedia.org/wiki/Blythe_Masters
    Blockchain is not bitcoin ...Blockchain is made to kill bitcoin and fraude... Blockchain log metadata historic ..owners , dates , amounts ...
    https://www.coindesk.com/blockchain-worth-trouble-blythe-masters-say-yes-sibos/
    China have suspended bitcoin crypto currency ...but maybe will change its mind and re-hautorize it...
    https://cointelegraph.com/news/chinese-might-be-able-to-trade-bitcoin-again-soon..
    if you have bitcoin ...your lucky , but it's not a stable currency especialy if JPMorgan and co want kill it...
    Russia have owned gold 208 tonnes in 2015 , 199 tonnes in 2016 , 21 tones in october 2017 ... and China , Germany do the same
    BRICS want to make a gold-based currency ....it's not a good sign
    at the same time USA printing paper based on nothing and use this cash to speculate and pushing up wallstreet action market :facepalm:
    really compicated but interetsting subject :guru:
     
    • Like Like x 1
    • Agree Agree x 1
    • List
Loading...
Similar Threads - Bitcoin Breaks $11000 Forum Date
To all bitcoin lovers... Lounge Dec 8, 2017
Bitcoin Question for Real-debrid downloaders Mac / Hackintosh Jun 21, 2016
Do yourself a favor and check you pc of BitCoin minners Lounge Jan 30, 2016
How to Use Bitcoin Internet for Musician Apr 22, 2015
Was Bitcoin developed by the NSA as an espionage/data mining tool? Lounge Apr 15, 2014
Thread Status:
Not open for further replies.
Loading...