Originally posted by TrapsBrah
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Bitcoin to 500k by 2030
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https://www.nbcnews.com/business/bus...m_npd_nn_fb_ma
It's a "fraud," "an index of money laundering," and "an Enron in the making." Are they talking about Bitcoin or the latest Mafia bust?
The "digital gold" has seen its price shoot up this year alone by about 500 percent to $5,700. But in the past few weeks, several major money movers have come out against the hot cryptocurrency.
Now, Saudi billionaire investor Prince Alwaleed bin Talal has thrown in his skeptical two cents, joining a crowd of establishment investment professionals that include JPMorgan Chase CEO Jamie Dimon and BlackRock investment group CEO Larry Fink.
"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision of any central bank," Alwaleed told CNBC Monday.
"I just don't believe in this Bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making," Alwaleed said.
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Bitcoin smashes past $7,000 for the first time
Bitcoin soared past the $7,000 mark for the first time Thursday
The virtual currency reached an all-time high of $7,355.35 at about 7:16 a.m. ET
CME Group said it would introduce bitcoin futures contracts Tuesday
https://www.cnbc.com/2017/11/02/bitc...h-of-6900.html
I'm about ready to sell 1 btc in case It drops and buy back at a lower price.
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Originally posted by FrankTheTank55 View PostSo Traps, do you have bitcoin saved up or do you just fund your wallet to before you want to pay for something? Have you made any money from this? Why not get a cash advance on your credit card and buy bitcoin?
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going up like a rocket... until it falls back down to earth and smashes into the fucking ground you flat earthed fuck. :D
seriously though. if you sold all your bitcoin that you own right now how much would you profit traps? couple grand? more?
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Originally posted by Bouncer View Postgoing up like a rocket... until it falls back down to earth and smashes into the fucking ground you flat earthed fuck. :D
seriously though. if you sold all your bitcoin that you own right now how much would you profit traps? couple grand? more?
I have made a big $30 on my bitcoin. :weights:
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Bitcoin compromise collapses, leaving future growth in doubt
https://arstechnica.com/tech-policy/...owth-in-doubt/
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Bitcoin mania will end in tears
https://www.huffingtonpost.com/entry...b0545e64bf9149
Bitcoin loses over a fifth of its value in less than 24 hours
https://www.reuters.com/article/us-g...-idUSKBN1DU1Z3
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Bitcoin Price Defies Critics, Crosses $11,000 Again
https://www.investopedia.com/news/bi...s-11000-again/
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Originally posted by Bouncer View PostBitcoin mania will end in tears
https://www.huffingtonpost.com/entry...b0545e64bf9149
Bitcoin loses over a fifth of its value in less than 24 hours
https://www.reuters.com/article/us-g...-idUSKBN1DU1Z3
You only post negative things about bitcoin the price will fluctuate and the only ones that are gonna be shaken out by these drops are people that are new to bitcoin.
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Originally posted by TrapsBrah View PostYou only post negative things about bitcoin the price will fluctuate and the only ones that are gonna be shaken out by these drops are people that are new to bitcoin.
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Originally posted by M00chie69 View PostGuys, you gotta admit that this is one of the very few things Traps has been right about. Reading through this thread from post #1 he has been right on the money concerning bitcoin. The skeptics look like fools right now. Doesn't mean that won't change in the future, the skeptics may come out on top but from this point right now October 21, 2017 Traps is on top as are those who believed in Bitcoin from day 1. It's made MANY people VERY rich.
I know a guy, his name is Trace Mayer (Look him up). I met him at a business/location independent entrepreneur event in Berlin back around 2011 time frame and he was big on bitcoin at that time and honestly I think it was less than a dollar or even less that 50 cents and he had stockpiled it. I thought the guy was a dork and kinda silly at the time. Last I hear this guy has his own private jet now.
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