1. #1

  2. #2
    5mike5
    NA$CAR PSYCHIC
    5mike5's Avatar SBR PRO
    Join Date: 09-21-11
    Posts: 51,014
    Betpoints: 29156

    not a shock

    gonna get alot worse too

  3. #3
    cloverfield
    cloverfield's Avatar Become A Pro!
    Join Date: 12-24-10
    Posts: 860
    Betpoints: 4727

    does this often.

    10 days ago it went from $1050 down to $850 and then the next day it was at $1150.

    China said that banks can't use it yet but that it's legal for people to use it online. It's just how bitcoin works.

    I remember when it went from $200 down to $80 and people were freaking out bigtime.

  4. #4
    dealer wins
    dealer wins's Avatar Become A Pro!
    Join Date: 02-03-09
    Posts: 816
    Betpoints: 11819

    Bitcoin, the same as using dogshit as a currency!!

  5. #5
    relaaxx
    relaaxx's Avatar SBR PRO
    Join Date: 06-15-06
    Posts: 3,271
    Betpoints: 14146

    people will buy anything they think someone else wants,anything.

  6. #6
    bettingstation
    bettingstation's Avatar Become A Pro!
    Join Date: 03-25-13
    Posts: 1,084
    Betpoints: 1201

    expecting this scenario... sooner it will gone and banned...)) cheers...

  7. #7
    SteveRyan
    SteveRyan's Avatar Become A Pro!
    Join Date: 11-15-11
    Posts: 1,654
    Betpoints: 2995

    A friend of mines husband works (worked!) with a guy who bought a few thousand dollars worth of bitcoins several years ago. He recently quit his job and moved to South America.

    I guess his investment ended up being worth millions.

    Can't believe I didn't jump on this ship when it was sailing by. Ugh...

  8. #8
    bettingstation
    bettingstation's Avatar Become A Pro!
    Join Date: 03-25-13
    Posts: 1,084
    Betpoints: 1201

    Quote Originally Posted by SteveRyan View Post
    A friend of mines husband works (worked!) with a guy who bought a few thousand dollars worth of bitcoins several years ago. He recently quit his job and moved to South America.

    I guess his investment ended up being worth millions.

    Can't believe I didn't jump on this ship when it was sailing by. Ugh...
    good for your friend, its like a pyramiding... the last persons who bought it will suffer...

  9. #9
    indio
    .
    indio's Avatar Become A Pro!
    Join Date: 06-03-11
    Posts: 751
    Betpoints: 3954

    Quote Originally Posted by bettingstation View Post
    expecting this scenario... sooner it will gone and banned...)) cheers...
    How can something not under the control of any government or central bank be banned? Are you really as stupid as it seems?

    What does that even mean? Banned? By who?

    Amazing how brainwashed clueless sheep can be.

  10. #10
    dink
    dink's Avatar Become A Pro!
    Join Date: 09-11-13
    Posts: 665
    Betpoints: 190

    Not a shock

    Gonna get alot worse too

  11. #11
    PD77
    Bitches!
    PD77's Avatar SBR PRO
    Join Date: 12-11-09
    Posts: 2,365
    Betpoints: 2326

    "Created by an unknown hacker or hackers known as Satoshi Nakamoto,"

    This tells you exactly how credible the article is. No doubt BTC are currently very volatile but they were not created by hackers and I wouldn't go as far as saying they are crashing.

  12. #12
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    All the suckers going to get in now and sharps get out

  13. #13
    bettingstation
    bettingstation's Avatar Become A Pro!
    Join Date: 03-25-13
    Posts: 1,084
    Betpoints: 1201

    Quote Originally Posted by indio View Post
    How can something not under the control of any government or central bank be banned? Are you really as stupid as it seems?

    What does that even mean? Banned? By who?

    Amazing how brainwashed clueless sheep can be.
    if the govt confirmed that this is illegal....

  14. #14
    capone1899
    capone1899's Avatar Become A Pro!
    Join Date: 06-16-11
    Posts: 1,054
    Betpoints: 122

    Say it aint so. Something that continues to skyrocket for no reason is going down.........would have never guessed it.
    Points Awarded:

    OnkelChris gave capone1899 2 Betpoint(s) for this post.


  15. #15
    Gonz312
    Keep It Simple Stupid
    Gonz312's Avatar SBR PRO
    Join Date: 01-22-11
    Posts: 1,467
    Betpoints: 8526

    Thev govt should stop trying so hard to shut it down and use the millions it confiscated as a down payment towards their ridiculous debt. Bitcoin is going to survive in some form or another anyway...kind of like internet gambling, the drug and weapon trade so on and so forth.

  16. #16
    lovetobet
    lovetobet's Avatar Become A Pro!
    Join Date: 10-06-08
    Posts: 1,294
    Betpoints: 2200

    Bitcoin isn't going anywhere because of what it is used for in the commerce sense. Volatile, absolutely, going away, not a chance.

  17. #17
    indio
    .
    indio's Avatar Become A Pro!
    Join Date: 06-03-11
    Posts: 751
    Betpoints: 3954

    Quote Originally Posted by bettingstation View Post
    if the govt confirmed that this is illegal....
    What government? It's a virtual currency used internationally on a free internet with no central authority, you know, no Zionists running it. If merchants and citizens want to trade products and/or services for bitcoins (or anything else), they can do it no matter what any "governments" of any countries say. Governments can shut down exchanges that trade bitcoins for Federal Reserve Notes or any other authoritarian central bank notes, but whatever international police that you think exists can't shut down bitcoin because it's completely out of its control, which is why freedom loving people created it in the first place.

    Thank goodness we still have people in this world who aren't scared little lambs who think governments can decide what you can and cannot do with your life, and your business, and your freedoms, and your right to trade products and services for something other than fiat interest bearing promissory notes run by a Jewish cartel.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: TitsArriba

  18. #18
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Stick to regular currencies men, anything going up this fast is a disaster waiting to happen.

  19. #19
    BigDeem5
    2013-2016 NBA: 461-378-24 +52.65u
    BigDeem5's Avatar Become A Pro!
    Join Date: 02-26-11
    Posts: 17,190
    Betpoints: 2158

    Bobbywaves is a paid shill

    Do not take whatever he says into consideration.

  20. #20
    cloverfield
    cloverfield's Avatar Become A Pro!
    Join Date: 12-24-10
    Posts: 860
    Betpoints: 4727

    $910 and climbing back

    no worries here fellas

  21. #21
    zacher
    Armed Rodgery
    zacher's Avatar Become A Pro!
    Join Date: 12-05-13
    Posts: 588
    Betpoints: 1499

    I don't have any monies tied up in bit coin but I can promise you it won't go anywhere.. value may bounce a bit but it won't be banned…if you dig into deep web (exclusively Tor) it is ran on it. You can buy or trade anything and I mean ANYTHING in bit coin… how those people on there are making any sort of real money behoves me but I have heard of people who have accumulated hundreds of thousands in bitcoins

  22. #22
    bettingstation
    bettingstation's Avatar Become A Pro!
    Join Date: 03-25-13
    Posts: 1,084
    Betpoints: 1201

    well, i can say goodluck... soon to have bad luck...

  23. #23
    PAULYPOKER
    I slipped Tricky Dick a hit of LSD!
    PAULYPOKER's Avatar Become A Pro!
    Join Date: 12-06-08
    Posts: 36,585

    When ever they pull the biggest scam artist of all time, outta the woodwork,known as greenspam to try an use lip service to change direction of BC,is laughable......

    The Elite bankster cartels are shittin in their boots........

  24. #24
    SteelRain
    SteelRain's Avatar Become A Pro!
    Join Date: 03-13-12
    Posts: 2,806
    Betpoints: 6789

    Quote Originally Posted by cloverfield View Post
    $910 and climbing back

    no worries here fellas
    Why is it? You realize that deflation is just as awful as inflation right?

    When bitcoins reach $150,000 I guess it will be "no worries" to you.

  25. #25
    Legions36
    Legions36's Avatar Become A Pro!
    Join Date: 12-17-10
    Posts: 3,032
    Betpoints: 7750

    Bitcoin is the sh-it. This week is also the sh-it. There are also other coins that are the sh-it. Crash...LOL? It's not just about Bitcoin anymore there is so much more than just that.
    I remember when didn't know about it before but I can tell u that there is nothing like it.

  26. #26
    Legions36
    Legions36's Avatar Become A Pro!
    Join Date: 12-17-10
    Posts: 3,032
    Betpoints: 7750

    Oh if bitcoin is to much for you then look into litecoin its getting ready to take off.

  27. #27
    Koldazzice
    Koldazzice's Avatar SBR PRO
    Join Date: 11-08-11
    Posts: 2,392
    Betpoints: 4257

    I must admit I have made a nice chunk of change playing the bitcoin market - I do agree it is very volatile therefor I tred very lightly when buying back in making sure its a level I would be happy holding BTC if it should have a small crash.

    The reason for the volatility is only because its trying to find a footing and establish a price as with any stock that has a huge rise it must consolidate before going back up.

    To the people that call BTC a fraud or some hacker scam well they are just uninformed. It doesn't surprise me as in most things the people who know the least seem to be the 1st to talk and do the most talking. Doing your research before spewing out mouth diarrhea on a forum will make you look like less like a moron.

  28. #28
    PAULYPOKER
    I slipped Tricky Dick a hit of LSD!
    PAULYPOKER's Avatar Become A Pro!
    Join Date: 12-06-08
    Posts: 36,585

    Quote Originally Posted by Legions36 View Post
    Oh if bitcoin is to much for you then look into litecoin its getting ready to take off.
    only room for one DC........

    Litecoin is over before it starts.......

    But you could pump and dump it for awhile......

  29. #29
    bettingstation
    bettingstation's Avatar Become A Pro!
    Join Date: 03-25-13
    Posts: 1,084
    Betpoints: 1201

    well lets see in the future what will happen... just imagine last year less that 100 and now more than 1,000???

  30. #30
    Koldazzice
    Koldazzice's Avatar SBR PRO
    Join Date: 11-08-11
    Posts: 2,392
    Betpoints: 4257

    ltc you don't need a Asic to get a decent hash rate either. I have 2x 7970 GPU's that get me 1350ish hash so when I'm not gaming it farms out around 1 LTC a day - currently at $31.111 on BTC-E exchange.

  31. #31
    PAULYPOKER
    I slipped Tricky Dick a hit of LSD!
    PAULYPOKER's Avatar Become A Pro!
    Join Date: 12-06-08
    Posts: 36,585

    Quote Originally Posted by bettingstation View Post
    well lets see in the future what will happen... just imagine last year less that 100 and now more than 1,000???
    6 months ago it was less than 100.....

  32. #32
    zacher
    Armed Rodgery
    zacher's Avatar Become A Pro!
    Join Date: 12-05-13
    Posts: 588
    Betpoints: 1499

    Its not going anywhere. Prices will always swing but its not going anywhere. I wouldn't "play the market" either….to risky until it establishes itself and can be converted openly

  33. #33
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    China announced today its illegal to use in China as a currency to exchange
    Its in trouble

    China said you can only trade it online via exchanges..not good news

  34. #34
    bettingstation
    bettingstation's Avatar Become A Pro!
    Join Date: 03-25-13
    Posts: 1,084
    Betpoints: 1201

    Quote Originally Posted by jjgold View Post
    China announced today its illegal to use in China as a currency to exchange
    Its in trouble

    China said you can only trade it online via exchanges..not good news
    Now we know who is right... good job... jj....

  35. #35
    bettingstation
    bettingstation's Avatar Become A Pro!
    Join Date: 03-25-13
    Posts: 1,084
    Betpoints: 1201

    Quote Originally Posted by Koldazzice View Post
    I must admit I have made a nice chunk of change playing the bitcoin market - I do agree it is very volatile therefor I tred very lightly when buying back in making sure its a level I would be happy holding BTC if it should have a small crash.

    The reason for the volatility is only because its trying to find a footing and establish a price as with any stock that has a huge rise it must consolidate before going back up.

    To the people that call BTC a fraud or some hacker scam well they are just uninformed. It doesn't surprise me as in most things the people who know the least seem to be the 1st to talk and do the most talking. Doing your research before spewing out mouth diarrhea on a forum will make you look like less like a moron.
    Now you know who is moron....

1234 ... Last
Top