crypto currency discussion

[puckk]

This Lewis Glasgow rooster is about as good as any going around with his charts.

[grease lightnin]

I can’t read the numbers. What does it say the next support is on the trend line?

[bonzaii]

Bitcoin will never hit $0 because there are so many lost coins out there that will never be recovered.

[Chi_archie]

Bitcoin will never hit $0 because there are so many lost coins out there that will never be recovered.

what does that matter?

for something to have value you have to have a buyer. If no one wants to buy or support a platform for transactions.

what is it worth?

[Bsims]

I asked this question a few months back about Usage. Where are people using it besides gambling, dark web stuff and people operating on the fringes? What are the benefits for people using bitcoin mainstream? Why use bitcoin to buy something at overstock.com instead of credit card?

my question was back in December was more about Crypto's and their intrinsic value. Because most of those will absolutely hit zero at some point right? and is anyone making actual transactions for marketplace goods with Cardano or Neo?

or is all the money spent on them basically speculation that this particular coin will come out head and shoulders above the rest and make it to the mainstream as an accepted stable currency?

All good questions. I suspect the real answers indicate problems for crypto currencies. I've made good money off this recent craze but am now inclined to pull some back. I will certainly keep some of the major coins in hopes that the pessimists like me are wrong.

[Bsims]

Trading restarted on Binance

I've tried to access Binance all morning, site keeps timing out for me.

[mngambler]

I've tried to access Binance all morning, site keeps timing out for me.

They just got back online, works for me but if it doesn't work you can use their us.binance.com mirror site as well.

[grease lightnin]

what does that matter?

for something to have value you have to have a buyer. If no one wants to buy or support a platform for transactions.

what is it worth?

Yup. Something is only worth what someone is willing to pay for it.

Ask Lehman Bros

[shocka1212]

what does that matter?

for something to have value you have to have a buyer. If no one wants to buy or support a platform for transactions.

what is it worth?

oh theres people buying it... I bought it off people who didn't want theirs when it dipped to 6300 earlier this week in person to save on transaction fees.

[shocka1212]

sooo many crypto coin flakes

hilarious

[Chi_archie]

oh theres people buying it... I bought it off people who didn't want theirs when it dipped to 6300 earlier this week in person to save on transaction fees.

yes we know there is now. most of us are still buying it.

we are talking about a hypothetical potential zero at some point in the future.

think of it in terms of these questions.

1)Are there Crypto Coins that are on the market now or soon to be released that people are buying now?

2) do you think any of those coins will hit zero value and basically cease to exist?

[mngambler]

BTC has a beautiful looking chart, should push up to and past 9k again

[BeatTheJerk]

BTC has a beautiful looking chart, should push up to and past 9k again

I was hoping no one would say this being the superstitious gambling degenerate that I am.

[mngambler]

I was hoping no one would say this being the superstitious gambling degenerate that I am.

no worries bro, 9k is coming, superstitious or not

[BeatTheJerk]

no worries bro, 9k is coming, superstitious or not

Very well Positive Vibes then

[shocka1212]

yes we know there is now. most of us are still buying it.

we are talking about a hypothetical potential zero at some point in the future.

think of it in terms of these questions.

1)Are there Crypto Coins that are on the market now or soon to be released that people are buying now?

2) do you think any of those coins will hit zero value and basically cease to exist?

THINK AND HOW are the key... everyone saying $0 btc is going to happen.. but every single one of those people has yet to show how it will happen so take the FUD for what its worth (which is not much). I could break down a few charts on here to show how and why it won't, but after reading the last 15 pages of this thread, whats the point. Im buying BTC this week and will continue to do so on a weekly basis at the right times

[TPowell]

Hopefully we can ride this run out until I can get by 2x on ukg and restructure my portfolio.

[ans61201]

Hopefully we can ride this run out until I can get by 2x on ukg and restructure my portfolio.

Thanks

[eidolon]

If anyone says bitcoin will be worth $0 in the future has no clue what cryptocurrency is about.

[BeatTheJerk]

��*♂️

[raiders72001]

Actually, from a theoretical standpoint, stock market plunging can mean good things for btc and other crypto as a space if you think about it. People pulling out of the Stone Age investment that can be easily manipulated by banks and government(like there's a difference between those two reach around buddies) and then looking for something that isn't influenced and viola, in comes the decentralized currency that can be chopped 2728262 different ways and moved across the world within hours rather than walking into a bank and having to beg a middle aged personal banker(who is only there to open credit card accounts) to wire your funds.

great post.

[raiders72001]

I asked this question a few months back about Usage. Where are people using it besides gambling, dark web stuff and people operating on the fringes? What are the benefits for people using bitcoin mainstream? Why use bitcoin to buy something at overstock.com instead of credit card?


my question was back in December was more about Crypto's and their intrinsic value. Because most of those will absolutely hit zero at some point right? and is anyone making actual transactions for marketplace goods with Cardano or Neo?

or is all the money spent on them basically speculation that this particular coin will come out head and shoulders above the rest and make it to the mainstream as an accepted stable currency?

Cardano and NEO can be built on. You can create games such as Crypto-kitties on ETH. Monacoin in Japan is used as a way to tip people in the same way you can tip those on Youtube.

Paper and rocks can lose all value just as easy as cryptos.

[shocka1212]

Cardano and NEO can be built on. You can create games such as Crypto-kitties on ETH. Monacoin in Japan is used as a way to tip people in the same way you can tip those on Youtube.

Paper and rocks can lose all value just as easy as cryptos.

the eth crypto kitties fiasco in early December was hilarious... the scaling issues eth has are the ones cardano looked to fix which is why I like it so much..

[mngambler]

Very well Positive Vibes then

topped out at $8,997 today based on Binance prices....sooo close, good solid growth though these last 3 days so that is a fairly positive sign

[shocka1212]

topped out at $8,997 today based on Binance prices....sooo close, good solid growth though these last 3 days so that is a fairly positive sign

Shitll be back at 16k by April

[mngambler]

Shitll be back at 16k by April

shocka, I know it's damn near impossible to predict but still fun for sh*ts and giggles so what do you have BTC and ETH at in Dec. of this year?

My dart throw...

BTC: $30,000 - $35,000
ETH: $4,000 - $4,500

[The Kraken]

THINK AND HOW are the key... everyone saying $0 btc is going to happen.. but every single one of those people has yet to show how it will happen so take the FUD for what its worth (which is not much). I could break down a few charts on here to show how and why it won't, but after reading the last 15 pages of this thread, whats the point. Im buying BTC this week and will continue to do so on a weekly basis at the right times

Where are all these people saying btc is going to $0? I've read a few articles but they're few and far between. I haven't seen anyone in this thread make that claim. Reality is BTC could hit $0. It's not fud, nor is it my opinion, just a fact and an important one to understand. Im not saying it will but I recognize it could.

The most credible source I've seen claim that btc is likely to hit $0 was the Goldman Sachs guy, their head of global investment research, he said he believes basically every coin that exists today will eventually reach $0 because they're too primitive.

[shocka1212]

Looking forward to reading your nonsense when bitcoin falls below 1000

don't hold your breath waiting.........

[shocka1212]

Bitcoin could easily go to $500 the people who think it has to rebound don't have brains.

You do not even know what a cfd is and that you can sell or buy btc for almost any amount you like
If you dont believe me try a google search and you will see that in 2 minutes , but you are probably too dumb for this as well lol

Love it so many losers in love with bitcoin providing liquidity for my trades , appreciate it a lot

hey guys, hope y'all are having a great weekend.

[shocka1212]

Where are all these people saying btc is going to $0? I've read a few articles but they're few and far between. I haven't seen anyone in this thread make that claim. Reality is BTC could hit $0. It's not fud, nor is it my opinion, just a fact and an important one to understand. Im not saying it will but I recognize it could.

The most credible source I've seen claim that btc is likely to hit $0 was the Goldman Sachs guy, their head of global investment research, he said he believes basically every coin that exists today will eventually reach $0 because they're too primitive.

Nouriel Roubini along with a few other clowns over at forbes and Reuters. Jamie Dimon, throwing fud around while JP Morgan secretly opening a block chain specific facility in the valley. Kind of sick of the "experts" just gas bagging all day and holding no water to any of their arguments because they have their hands around their backs reaching into the pile they are saying is dogshit. They don't like it because of the lack of liquidity (allegedly) while wearing and investing in gold.... what a bunch of hypocrites. You can tell them I said that too.

[mrpapageorgio]

Holy sh**, Ripple flew back past $1 in a hurry.

[raiders72001]

The storm is over. Coinbase is implementing Segwit. Fees will be lower. It's time to buy again.

[raiders72001]

Where are all these people saying btc is going to $0? I've read a few articles but they're few and far between. I haven't seen anyone in this thread make that claim. Reality is BTC could hit $0. It's not fud, nor is it my opinion, just a fact and an important one to understand. Im not saying it will but I recognize it could.

The most credible source I've seen claim that btc is likely to hit $0 was the Goldman Sachs guy, their head of global investment research, he said he believes basically every coin that exists today will eventually reach $0 because they're too primitive.

Cryptos curtail fraud by the banking community.

Big U.S. banks, including BkofAma Corp.,Goldman Sachs Group Inc., JPMorgan Chase & Co.,and Morgan Stanley, are likely to be "very afraid" of bitcoin

https://www.investopedia.com/news/wh...fraid-bitcoin/

Preiss believes that cryptocurrencies such as bitcoin have a certain attractiveness given the lack of transparency in the banking system. For example, he says, the Federal Reserve has refused to allow an independent audit of its massive $4.5 billion balance sheet.

[jayc88]

don't hold your breath waiting.........

where did i say it’s going straight to 1000 .?. Market goes up a bit and all of you greedy nerds jump right back on the train . You will all get buried and Bitcoin will take another deep plunge shortly after it hits 9000 - 10000. None of you have any idea how markets work, absolutely no idea about portfolio management and no idea about anything related to financials. You do not even know what a cfd is lol. Next week would be a great opportunity to get out of bitcoin investment with as little loss as possible, but I have a feeling most of these losers here will put even more money into it

[ans61201]

where did i say it’s going straight to 1000 .?. Market goes up a bit and all of you greedy nerds jump right back on the train . You will all get buried and Bitcoin will take another deep plunge shortly after it hits 9000 - 10000. None of you have any idea how markets work, absolutely no idea about portfolio management and no idea about anything related to financials. You do not even know what a cfd is lol. Next week would be a great opportunity to get out of bitcoin investment with as little loss as possible, but I have a feeling most of these losers here will put even more money into it

Man the loser you have to be to not only missed the boat several times over, cheer for others to lose money, and then come back and spend time on a forum talking about it lol. Again, there are reasons losers lose and winners win. Prime example