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Old 10-04-17, 10:00 PM
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Originally Posted by Turbo3000 View Post
Down $80 since yesterday. You act like it is just gaining thousands every day. It goes up and down. Just not sure about your hopeful numbers and timeline.
You haven't done your research. Apple's market cap is 800 billion and btc should be much larger than that and it will be. That right there will make each bitcoin 45-50k. It went from $1 to $1000 in under 3 years - so 100k is nothing.

I don't act like it's gaining thousands everyday. It's more than quadrupled since start of the year and I should of gone with my gut and put all my btc into ethereum instead - it went from $10 to $400 in a matter of months and I'd be driving a tesla now.
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Old 10-05-17, 03:06 AM
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Restrictions and regulations. No matter how valuable it becomes. It won't be the same Bitcoin you know it as today. This is the part where you are very naive. To believe that any government won't cash in on this, restrict the fuck out of it, tax the shit out of it, and freeze anything they suspect is even questionable. There will be 400 roadblocks in your path.
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Old 10-06-17, 01:22 AM
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Restrictions and regulations. No matter how valuable it becomes. It won't be the same Bitcoin you know it as today. This is the part where you are very naive. To believe that any government won't cash in on this, restrict the fuck out of it, tax the shit out of it, and freeze anything they suspect is even questionable. There will be 400 roadblocks in your path.

Here's the thing bitcoin will remain the same it's peer to peer no one can stop someone from sending bitcoins to you or me
The only restrictions can be on exchanges which can monitor you, etc. China didn't ban people from using bitcoin- just the exchanges got shut down.
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Old 10-12-17, 09:03 AM
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Bitcoin hits a new record high above $5,200
The price of bitcoin hit an all-time high of $5,231.28
This was above the cryptocurrency's previous all-time high of $5,013.91 hit on September 2
Speculation that China could reverse the ban of cryptocurrency exchanges is driving sentiment

https://www.cnbc.com/2017/10/12/bitc...bove-5000.html
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Old 10-13-17, 03:39 AM
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Can't stop won't stop.

Bitcoin Price Briefly Hits $5,920 Before Minor Correction; Factors For Another Rally

https://www.cryptocoinsnews.com/bitc...another-rally/
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Old 10-13-17, 02:39 PM
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Can't stop won't stop.

Bitcoin Price Briefly Hits $5,920 Before Minor Correction; Factors For Another Rally

https://www.cryptocoinsnews.com/bitc...another-rally/

It is about to fork, so you have to have a physical wallet with your keys, if you don't you may just lose it all when it forks.

Lol. The shit above is why it is so confusing and won't ever go mainstream.
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Old 10-13-17, 02:45 PM
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Yup, they are going to force some kind of identification process restrictions. I'm not doubting it's value but Bitcoin as you know it will be completely different in the next few years. The key is knowing when to pull out and sell before the restrictions bust the bubble.
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Old 10-13-17, 03:12 PM
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It is about to fork, so you have to have a physical wallet with your keys, if you don't you may just lose it all when it forks.

Lol. The shit above is why it is so confusing and won't ever go mainstream.
Lmao calm down people talked shit about the internet too it was too confusing at first.
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Old 10-13-17, 03:13 PM
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Lmao calm down people talked shit about the internet too it was too confusing at first.
True
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Old 10-13-17, 03:14 PM
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True
U respond quick here but not to my texts lol
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Old 10-13-17, 03:15 PM
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U respond quick here but not to my texts lol
Shut UP lol


I'm busy
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Old 10-13-17, 03:26 PM
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Lmao calm down people talked shit about the internet too it was too confusing at first.
Not really.

I just moved mine from coinbase to electrum. Your average person can't do that shit and they don't want to do it.

It is overly complicated and fees are taken at every step.
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Old 10-13-17, 04:49 PM
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Not really.

I just moved mine from coinbase to electrum. Your average person can't do that shit and they don't want to do it.

It is overly complicated and fees are taken at every step.
Lmao. Sending bitcoins is as easy as sending an email.
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Old 10-13-17, 06:35 PM
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Lmao. Sending bitcoins is as easy as sending an email.

Jesus. I'm was talking about transferring from a middle man (CB) to a more secure wallet....I picked a mobile wallet over the more expensive physical wallet due to my BTC balance being low. You can lose your shit when it forks if your keys are being held by a third party.

Read that shit above...

It is too complicated for most people 40+.
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Old 10-13-17, 10:58 PM
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Jesus. I'm was talking about transferring from a middle man (CB) to a more secure wallet....I picked a mobile wallet over the more expensive physical wallet due to my BTC balance being low. You can lose your shit when it forks if your keys are being held by a third party.

Read that shit above...

It is too complicated for most people 40+.
All digital currency that Coinbase holds online is fully insured. This means that if Coinbase were to suffer a breach of its online storage, the insurance policy would pay out to cover any customer funds lost as a result.

The insurance policy covers any losses resulting from a breach of Coinbase’s physical security, cyber security, or by employee theft.

Coinbase holds less than 2% of customer funds online. The rest is held in offline storage.
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Old 10-14-17, 03:49 AM
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All digital currency that Coinbase holds online is fully insured. This means that if Coinbase were to suffer a breach of its online storage, the insurance policy would pay out to cover any customer funds lost as a result.

The insurance policy covers any losses resulting from a breach of Coinbase’s physical security, cyber security, or by employee theft.

Coinbase holds less than 2% of customer funds online. The rest is held in offline storage.

Yeah yeah. They are really going to do that. I'm not talking about a breach. The FORK coming soon.

Why do I feel that you don't even understand what I'm talking about? Check out the message boards and Reddit. It is going to fork soon. You aren't guaranteed anything if it forks and you don't have your keys. CB could search and find your funds, but don't hold your breath. You need your BTC in a secure wallet with access to the keys before the fork.

The bitcoin guy doesn't even know about the fork........
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Old 10-14-17, 05:06 AM
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Yeah yeah. They are really going to do that. I'm not talking about a breach. The FORK coming soon.

Why do I feel that you don't even understand what I'm talking about? Check out the message boards and Reddit. It is going to fork soon. You aren't guaranteed anything if it forks and you don't have your keys. CB could search and find your funds, but don't hold your breath. You need your BTC in a secure wallet with access to the keys before the fork.

The bitcoin guy doesn't even know about the fork........
The f0rk is a giant scare relax. Also get some sleep I know your up late watching the bitcoin charts and sipping on some Kratom ...
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Old 10-19-17, 11:57 AM
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Backroom battle imperils $230 million cryptocurrency venture
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Old 10-20-17, 09:51 PM
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Bitcoin breaks $6000 it's up $2200 in the last month alone.

Bitcoin Price Breaks $6,000, At All-Time High
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Old 10-21-17, 01:15 PM
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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.
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Old 10-21-17, 02:09 PM
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I never said anything about it's value. Traps is not wrong there. I said restrictions will be put in place as time goes on that will totally change what Bitcoin is today.
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Old 10-21-17, 02:14 PM
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Originally Posted by M00chie69 View Post
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'm right about more than just a few things lol.
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Old 10-23-17, 11:08 AM
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Big money stays away from booming bitcoin | Reuters
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Old 10-23-17, 12:54 PM
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So 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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Old 10-23-17, 01:12 PM
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So 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?
Paying 20% + interest on a gamble isn't the smartest decision.
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Old 10-23-17, 02:17 PM
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I'm right about more than just a few things lol.
Earth being flat
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Old 10-24-17, 12:28 PM
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https://www.nbcnews.com/business/bus...m_npd_nn_fb_ma

Quote:
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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Old 11-02-17, 12:33 PM
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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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Old 11-02-17, 12:35 PM
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So 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?
It's too expensive now so I'm holding what I have and day trading here and there.
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Old 11-02-17, 02:44 PM
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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.

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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Old 11-03-17, 05:09 AM
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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.

seriously though. if you sold all your bitcoin that you own right now how much would you profit traps? couple grand? more?
He is pretty vague, but I think he would net a profit around 10k or more. Just guessing on the info he has provided.

I have made a big $30 on my bitcoin.
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Old 11-03-17, 08:21 AM
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he pmd me. made a good chunk of change. i told him id be stressed out. could keep rising like crazy or could drop. to sell or not to sell..
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Old 11-03-17, 09:52 AM
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Yea I've seen his accounts...kids got some loot...good for him

All that cash and still got bigger titties than dolly parton
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Old 11-09-17, 01:42 PM
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Bitcoin compromise collapses, leaving future growth in doubt

https://arstechnica.com/tech-policy/...owth-in-doubt/
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Old 11-30-17, 05:05 PM
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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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Old 12-03-17, 11:18 AM
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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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Old 12-03-17, 11:19 AM
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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

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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Old 12-03-17, 11:50 AM
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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.
and you only post positive things about bitcoin. it's important to see the full picture instead of convincing yourself something is flawless. you have to look at the positives and negatives. never ever put all your eggs in 1 basket my brother. and you need to look into the history of any financial market if you believe only new people will panic. EVERYONE panics when they see financial loss. you will too if bitcoin hits a bad period and you see nothing but decline for months. don't bullshit yourself.
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Old 12-03-17, 08:49 PM
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Originally Posted by M00chie69 View Post
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.
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Old 12-04-17, 06:38 AM
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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.
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Old 12-07-17, 01:43 PM
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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.
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Old 12-07-17, 02:30 PM
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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.
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Old 12-08-17, 12:39 PM
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No better than a ponzi or pyramid scheme

Don't touch it
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Old 12-08-17, 01:17 PM
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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.
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Old 12-08-17, 07:43 PM
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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.
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Old 12-08-17, 07:47 PM
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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.
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Old 12-08-17, 07:54 PM
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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
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Old 12-08-17, 09:04 PM
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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
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Old 12-10-17, 06:25 AM
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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.
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Old 12-20-17, 06:18 PM
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LoL
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