Bitcoin to 500k by 2030

[Turbo3000]

China is banning all cyber currency... Bitcoin is on its death bed

News article please. And I think you are wrong about the death bed.

[Bouncer]

........

[Turbo3000]

Insider trading and hackers. Not a good look this week.

[Bouncer]

LoL

[Turbo3000]

Let it keep dropping more just buy on the dips. Just gonna buy .05 or .1 btc as it drops

What happens when a dip is permanent? You talk about Bitcoin as if the only direction is up. Be smart with the coins you have and don't forget they still have the potential to be worth absolutely nothing.

[TrapsBrah]

lol

Bitcoin drops big after dramatic gains ahead of futures launch

LONDON/NEW YORK (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

https://www.reuters.com/article/us-m...-idUSKBN1E20HS

Let it keep dropping more just buy on the dips. Just gonna buy .05 or .1 btc as it drops

[Bouncer]

lol

Bitcoin drops big after dramatic gains ahead of futures launch

LONDON/NEW YORK (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

https://www.reuters.com/article/us-m...-idUSKBN1E20HS

[TrapsBrah]

Unlike gold, Bitcoin is a construct of pure math. But exactly like gold and Picasso paintings, its value is driven by pure supply and demand. It is nothing like a pyramid scheme.

Bitcoin represents a completely level and fair playing field, because the economics of adoption and growth cannot be controlled by anyone. Math is eternal. It is certainly a lot more durable and trustworthy than governments. Bitcoin is the future of money. Yet, governments needn’t fear it. Gradually, governments are recognizing that widespread use of cryptocurrency presents a far bigger opportunity than a threat.

Ellery Davies co-chairs CRYPSA, produces The Bitcoin Event, edits A Wild Duck and is keynote at this year’s Digital Currency Summit in Johannesburg.

[TrapsBrah]

No better than a ponzi or pyramid scheme

Don't touch it

That's like saying gold and silver are schemes. Bitcoin is banking without banks. Your fiat system is the real pyramid scheme. Printing endless paper money and exchanging it in a primitive fashion.

[Bouncer]

I'll quote myself here. Bitcoin is SOARING since Traps made this thread. Props to traps, he won.

you could have said the same thing about the housing market in late 2006 before it all came tumbling down.

[Mr I]

No better than a ponzi or pyramid scheme

Don't touch it

[TrapsBrah]

He won? He made claims of millions of dollars. We are at 10k, let's not get crazy.

I mentioned 10k several times and you were like no way. 500k+ is long term.

[TrapsBrah]

He won? He made claims of millions of dollars. We are at 10k, let's not get crazy.

It's accelerating far faster than even I thought I fucked up by selling 1 btc at 7500. We broke 19k on coinbase today now price is down a bit. At this rate 100k next year seems like a possibility.

[Turbo3000]

I'll quote myself here. Bitcoin is SOARING since Traps made this thread. Props to traps, he won.

He won? He made claims of millions of dollars. We are at 10k, let's not get crazy.

[Keiser]

Guys, 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.

I'll quote myself here. Bitcoin is SOARING since Traps made this thread. Props to traps, he won.