comment by Busby (U19985)
posted 1 hour, 36 minutes ago
Hmmm, Bitcoin it more if a commodity now. It’s also not the only decentralised crypto, there are loads.
The tech has loads of potential, personally I think banks will use blockchain themselves, I’m in it purely as an investment. But it sounds like you don’t have a clue what you’re talking about.
----------------------------------------------------------------------
If you think loads are decentralised you're better off selling everything you have now before you do your self some damage.
That's a genuine bit of advice.
comment by moreinjuredthanowen (U9641)
posted 59 minutes ago
These are all tulips and ponzi schemes propped up by nothing at all but demand.
As long as people are only playing and not putting anything but disposable income in who am I to judge.
Anyone holding bitcoin when it inevitably crashes is going to be even more badly burned than last time. It's all about demand though and panic will come.just as quick as the demand is
These are purely playthings with no intrinsic value but enforce rarity (people hope) and no backing. Theres a killing to be made by those playing the game.and fortunes to be lost by people with more.moeny than sense.
The funny thing is madoff is only recently dead but his antics are soon forgotten. The trust people have in the creators of cryptocurrencies is amazing. These are the really smart people who have made their.money and it wont be in their type.of product.
It's less than 5 years since onecoin debacle lol.
----------------------------------------------------------------------
What's fiat currency propped up by?
Why would you get burnt if you just held your BTC?
Anybody who didn't panic or understands BTC is now doing much better than somebody who held their life savings in a bank account.
From people much more clever than I, Etherium has the potential to be a game changer.
Also NFTs in general are probably not going anywhere anytime soon, we may start to see them used in things like college education in the states for example.
comment by Kung Fu Cantona 🙏🏼 🇵🇸 (U18082)
posted 1 hour, 53 minutes ago
A lot of sh*tcoin investors here.
BTC is the only way to go and the only decentralised crypto. Everything else is a waste of money/gambling.
----------------------------------------------------------------------
I love Bitcoin but it doesn't/will never come close to being a usable currency for 99% of the planet. It's way too slow and way too expensive to transact but as a store of value it's great.
As for many other crypto's, sure the vast majority will prove to be ''sh*tcoins'' over time but equally many won't.
A couple of years ago or so i mentioned Theta on these boards when it was trading for less than 10cents. It currently sits >$13, has it's third US patent secured and the software is already implemented in millions of TV's, phones and gaming consoles (Samsung/Sony) worldwide.
As well as being able to do everything that Ethereum can do (at an absolute fraction of the cost!) Theta is about expanding the internet (bandwidth) which makes it a game changer.
I've no doubt that most here will be aware of it by the end of the year.
comment by Tiddles (U17634)
posted 9 minutes ago
From people much more clever than I, Etherium has the potential to be a game changer.
Also NFTs in general are probably not going anywhere anytime soon, we may start to see them used in things like college education in the states for example.
----------------------------------------------------------------------
Also the potential to copyright music. Lot's of incentive
comment by South Side (U20009)
posted 2 hours, 33 minutes ago
comment by Tiddles (U17634)
posted 9 minutes ago
From people much more clever than I, Etherium has the potential to be a game changer.
Also NFTs in general are probably not going anywhere anytime soon, we may start to see them used in things like college education in the states for example.
----------------------------------------------------------------------
Also the potential to copyright music. Lot's of incentive
----------------------------------------------------------------------
Yep, also possibilities around housing and living in cities etc.
I think NFTs in particular are here to stay and there will be a bit of a major shake up around our economic system over the next 20-30 years.
I could've bought etherium for 7 dollars on ebay a few years back. I even told my dad to buy some but he wasn't into the coins. Anyway shoot me I have no coins
Bitcoin is limited to 21 million unique chains.
Its that simple. 21million x 60,000 = 1.26 trillion dollars.
Sounds great doesn't it.
it was 210billion when it was 10grand a coin.
thats a trillion dollar increase in what 7months?
in any man's money thats a bubble
anyone who say bought some in 2015 at 200 quid or whatever and held it through the first bubble at 15k. is a gambler but not as big a gambler as anyone who bought it at 20k and saw it drop by 66%.
thats all fine, someone who'd held it this long and is say looking at 60k a coin and things its only going up is nuts.
As for FIAT, well I never said betting on global currencies was a low risk proposition either. there is a MASSIVE difference between a us dollar backed by the us government and a bitcoin.
the point is when inevitably trouble hits who will step in for bitcoin? the friendly neighbourhood hackers and gamestop investors?
if you invest is weak government currencies that can be devalued or subject to rampant inflation its just as risky as bitcoin.
But lets not pretend bitcoin is not a massive bubble that people should be delighted to cash in on in this 7 month period. The morons driving it to 60,000 might drive it further but the cliff will be just as steep.
So imo gamble what you can afford to lose. the people throwing money in at 60k deserve to lose their shirts.
aka elon musk. a lot of people i hope have cashed in and are living the life as a result.
Just why i referred to tulips. https://en.wikipedia.org/wiki/Tulip_mania
its just an interesting side note to this.
comment by moreinjuredthanowen (U9641)
posted 4 hours, 20 minutes ago
Bitcoin is limited to 21 million unique chains.
Its that simple. 21million x 60,000 = 1.26 trillion dollars.
Sounds great doesn't it.
it was 210billion when it was 10grand a coin.
thats a trillion dollar increase in what 7months?
in any man's money thats a bubble
anyone who say bought some in 2015 at 200 quid or whatever and held it through the first bubble at 15k. is a gambler but not as big a gambler as anyone who bought it at 20k and saw it drop by 66%.
thats all fine, someone who'd held it this long and is say looking at 60k a coin and things its only going up is nuts.
As for FIAT, well I never said betting on global currencies was a low risk proposition either. there is a MASSIVE difference between a us dollar backed by the us government and a bitcoin.
the point is when inevitably trouble hits who will step in for bitcoin? the friendly neighbourhood hackers and gamestop investors?
if you invest is weak government currencies that can be devalued or subject to rampant inflation its just as risky as bitcoin.
But lets not pretend bitcoin is not a massive bubble that people should be delighted to cash in on in this 7 month period. The morons driving it to 60,000 might drive it further but the cliff will be just as steep.
So imo gamble what you can afford to lose. the people throwing money in at 60k deserve to lose their shirts.
aka elon musk. a lot of people i hope have cashed in and are living the life as a result.
Just why i referred to tulips. https://en.wikipedia.org/wiki/Tulip_mania
its just an interesting side note to this.
----------------------------------------------------------------------
As with every single FIAT currency in the history of mankind, the latest concoction (the petro-dollar) died in 2008 and has been kept on life-support (more printing) ever since.
I'm not too sure which you're p*ssed off with tbh, the fact that you're being screwed on a daily basis with FIAT or the fact that along with many other ''morons'' you never done enough homework to know any better.
Educate yourself
comment by moreinjuredthanowen (U9641)
posted 5 hours, 8 minutes ago
Bitcoin is limited to 21 million unique chains.
Its that simple. 21million x 60,000 = 1.26 trillion dollars.
Sounds great doesn't it.
it was 210billion when it was 10grand a coin.
thats a trillion dollar increase in what 7months?
in any man's money thats a bubble
anyone who say bought some in 2015 at 200 quid or whatever and held it through the first bubble at 15k. is a gambler but not as big a gambler as anyone who bought it at 20k and saw it drop by 66%.
thats all fine, someone who'd held it this long and is say looking at 60k a coin and things its only going up is nuts.
As for FIAT, well I never said betting on global currencies was a low risk proposition either. there is a MASSIVE difference between a us dollar backed by the us government and a bitcoin.
the point is when inevitably trouble hits who will step in for bitcoin? the friendly neighbourhood hackers and gamestop investors?
if you invest is weak government currencies that can be devalued or subject to rampant inflation its just as risky as bitcoin.
But lets not pretend bitcoin is not a massive bubble that people should be delighted to cash in on in this 7 month period. The morons driving it to 60,000 might drive it further but the cliff will be just as steep.
So imo gamble what you can afford to lose. the people throwing money in at 60k deserve to lose their shirts.
aka elon musk. a lot of people i hope have cashed in and are living the life as a result.
Just why i referred to tulips. https://en.wikipedia.org/wiki/Tulip_mania
its just an interesting side note to this.
----------------------------------------------------------------------
The only bubble here is the one functioning as your brain
Sign in if you want to comment
Dogecoin
Page 2 of 2
posted on 17/4/21
comment by Busby (U19985)
posted 1 hour, 36 minutes ago
Hmmm, Bitcoin it more if a commodity now. It’s also not the only decentralised crypto, there are loads.
The tech has loads of potential, personally I think banks will use blockchain themselves, I’m in it purely as an investment. But it sounds like you don’t have a clue what you’re talking about.
----------------------------------------------------------------------
If you think loads are decentralised you're better off selling everything you have now before you do your self some damage.
That's a genuine bit of advice.
posted on 17/4/21
comment by moreinjuredthanowen (U9641)
posted 59 minutes ago
These are all tulips and ponzi schemes propped up by nothing at all but demand.
As long as people are only playing and not putting anything but disposable income in who am I to judge.
Anyone holding bitcoin when it inevitably crashes is going to be even more badly burned than last time. It's all about demand though and panic will come.just as quick as the demand is
These are purely playthings with no intrinsic value but enforce rarity (people hope) and no backing. Theres a killing to be made by those playing the game.and fortunes to be lost by people with more.moeny than sense.
The funny thing is madoff is only recently dead but his antics are soon forgotten. The trust people have in the creators of cryptocurrencies is amazing. These are the really smart people who have made their.money and it wont be in their type.of product.
It's less than 5 years since onecoin debacle lol.
----------------------------------------------------------------------
What's fiat currency propped up by?
Why would you get burnt if you just held your BTC?
Anybody who didn't panic or understands BTC is now doing much better than somebody who held their life savings in a bank account.
posted on 17/4/21
From people much more clever than I, Etherium has the potential to be a game changer.
Also NFTs in general are probably not going anywhere anytime soon, we may start to see them used in things like college education in the states for example.
posted on 17/4/21
comment by Kung Fu Cantona 🙏🏼 🇵🇸 (U18082)
posted 1 hour, 53 minutes ago
A lot of sh*tcoin investors here.
BTC is the only way to go and the only decentralised crypto. Everything else is a waste of money/gambling.
----------------------------------------------------------------------
I love Bitcoin but it doesn't/will never come close to being a usable currency for 99% of the planet. It's way too slow and way too expensive to transact but as a store of value it's great.
As for many other crypto's, sure the vast majority will prove to be ''sh*tcoins'' over time but equally many won't.
A couple of years ago or so i mentioned Theta on these boards when it was trading for less than 10cents. It currently sits >$13, has it's third US patent secured and the software is already implemented in millions of TV's, phones and gaming consoles (Samsung/Sony) worldwide.
As well as being able to do everything that Ethereum can do (at an absolute fraction of the cost!) Theta is about expanding the internet (bandwidth) which makes it a game changer.
I've no doubt that most here will be aware of it by the end of the year.
posted on 17/4/21
comment by Tiddles (U17634)
posted 9 minutes ago
From people much more clever than I, Etherium has the potential to be a game changer.
Also NFTs in general are probably not going anywhere anytime soon, we may start to see them used in things like college education in the states for example.
----------------------------------------------------------------------
Also the potential to copyright music. Lot's of incentive
posted on 18/4/21
comment by South Side (U20009)
posted 2 hours, 33 minutes ago
comment by Tiddles (U17634)
posted 9 minutes ago
From people much more clever than I, Etherium has the potential to be a game changer.
Also NFTs in general are probably not going anywhere anytime soon, we may start to see them used in things like college education in the states for example.
----------------------------------------------------------------------
Also the potential to copyright music. Lot's of incentive
----------------------------------------------------------------------
Yep, also possibilities around housing and living in cities etc.
I think NFTs in particular are here to stay and there will be a bit of a major shake up around our economic system over the next 20-30 years.
posted on 18/4/21
I could've bought etherium for 7 dollars on ebay a few years back. I even told my dad to buy some but he wasn't into the coins. Anyway shoot me I have no coins
posted on 18/4/21
Cudda, Shudda, Wudda.
posted on 18/4/21
Bitcoin is limited to 21 million unique chains.
Its that simple. 21million x 60,000 = 1.26 trillion dollars.
Sounds great doesn't it.
it was 210billion when it was 10grand a coin.
thats a trillion dollar increase in what 7months?
in any man's money thats a bubble
anyone who say bought some in 2015 at 200 quid or whatever and held it through the first bubble at 15k. is a gambler but not as big a gambler as anyone who bought it at 20k and saw it drop by 66%.
thats all fine, someone who'd held it this long and is say looking at 60k a coin and things its only going up is nuts.
As for FIAT, well I never said betting on global currencies was a low risk proposition either. there is a MASSIVE difference between a us dollar backed by the us government and a bitcoin.
the point is when inevitably trouble hits who will step in for bitcoin? the friendly neighbourhood hackers and gamestop investors?
if you invest is weak government currencies that can be devalued or subject to rampant inflation its just as risky as bitcoin.
But lets not pretend bitcoin is not a massive bubble that people should be delighted to cash in on in this 7 month period. The morons driving it to 60,000 might drive it further but the cliff will be just as steep.
So imo gamble what you can afford to lose. the people throwing money in at 60k deserve to lose their shirts.
aka elon musk. a lot of people i hope have cashed in and are living the life as a result.
Just why i referred to tulips. https://en.wikipedia.org/wiki/Tulip_mania
its just an interesting side note to this.
posted on 18/4/21
comment by moreinjuredthanowen (U9641)
posted 4 hours, 20 minutes ago
Bitcoin is limited to 21 million unique chains.
Its that simple. 21million x 60,000 = 1.26 trillion dollars.
Sounds great doesn't it.
it was 210billion when it was 10grand a coin.
thats a trillion dollar increase in what 7months?
in any man's money thats a bubble
anyone who say bought some in 2015 at 200 quid or whatever and held it through the first bubble at 15k. is a gambler but not as big a gambler as anyone who bought it at 20k and saw it drop by 66%.
thats all fine, someone who'd held it this long and is say looking at 60k a coin and things its only going up is nuts.
As for FIAT, well I never said betting on global currencies was a low risk proposition either. there is a MASSIVE difference between a us dollar backed by the us government and a bitcoin.
the point is when inevitably trouble hits who will step in for bitcoin? the friendly neighbourhood hackers and gamestop investors?
if you invest is weak government currencies that can be devalued or subject to rampant inflation its just as risky as bitcoin.
But lets not pretend bitcoin is not a massive bubble that people should be delighted to cash in on in this 7 month period. The morons driving it to 60,000 might drive it further but the cliff will be just as steep.
So imo gamble what you can afford to lose. the people throwing money in at 60k deserve to lose their shirts.
aka elon musk. a lot of people i hope have cashed in and are living the life as a result.
Just why i referred to tulips. https://en.wikipedia.org/wiki/Tulip_mania
its just an interesting side note to this.
----------------------------------------------------------------------
As with every single FIAT currency in the history of mankind, the latest concoction (the petro-dollar) died in 2008 and has been kept on life-support (more printing) ever since.
I'm not too sure which you're p*ssed off with tbh, the fact that you're being screwed on a daily basis with FIAT or the fact that along with many other ''morons'' you never done enough homework to know any better.
Educate yourself
posted on 18/4/21
comment by moreinjuredthanowen (U9641)
posted 5 hours, 8 minutes ago
Bitcoin is limited to 21 million unique chains.
Its that simple. 21million x 60,000 = 1.26 trillion dollars.
Sounds great doesn't it.
it was 210billion when it was 10grand a coin.
thats a trillion dollar increase in what 7months?
in any man's money thats a bubble
anyone who say bought some in 2015 at 200 quid or whatever and held it through the first bubble at 15k. is a gambler but not as big a gambler as anyone who bought it at 20k and saw it drop by 66%.
thats all fine, someone who'd held it this long and is say looking at 60k a coin and things its only going up is nuts.
As for FIAT, well I never said betting on global currencies was a low risk proposition either. there is a MASSIVE difference between a us dollar backed by the us government and a bitcoin.
the point is when inevitably trouble hits who will step in for bitcoin? the friendly neighbourhood hackers and gamestop investors?
if you invest is weak government currencies that can be devalued or subject to rampant inflation its just as risky as bitcoin.
But lets not pretend bitcoin is not a massive bubble that people should be delighted to cash in on in this 7 month period. The morons driving it to 60,000 might drive it further but the cliff will be just as steep.
So imo gamble what you can afford to lose. the people throwing money in at 60k deserve to lose their shirts.
aka elon musk. a lot of people i hope have cashed in and are living the life as a result.
Just why i referred to tulips. https://en.wikipedia.org/wiki/Tulip_mania
its just an interesting side note to this.
----------------------------------------------------------------------
The only bubble here is the one functioning as your brain
Page 2 of 2