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» Just LOL @ the entire world buying Bitcoin.
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post 1536921491 12-08-2017, 12:09 PM
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#151
  1. Sinan09400
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  1. Sinan09400
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Lol at buying something which isnt material. Internet goes down and you lose everything
post 1536921711 12-08-2017, 12:11 PM
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#152
  1. xLGx
  2. anaBAWLik
  1. xLGx
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Originally Posted By Sinan09400
Lol at buying something which isnt material. Internet goes down and you lose everything
lol okay just never invest in crypto, stocks, or anything and enjoy life postretirement with no money you babboon
CountryMike Appreciation Crew
post 1536921951 12-08-2017, 12:14 PM
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#153
  1. Frank Drebin
  2. Cutting
  1. Frank Drebin
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Originally Posted By xLGx
lol okay just never invest in crypto, stocks, or anything and enjoy life postretirement with no money you babboon
Stocks are essentially "real". They are virtual shares of the company.

Crypto was and still is being invented out of thin air. 1300 crypto currencies and counting.
post 1536922061 12-08-2017, 12:15 PM
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#154
  1. psychosylocibin
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  1. psychosylocibin
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in B4 cryptocurrency becomes the de facto primary currency and the USD falls, which means I socked money into my 401k for nothing.



just lol at saving for retirement
just lol at my 6 figure job


while phukking computerscienceCEL 16 years have way more net worth than me.
-Max Squat drops from 415 to 200 after going 1 degree past 90 degree knee bend crew.
post 1536922401 12-08-2017, 12:19 PM
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#155
  1. MarinoMike
  2. 1 Mile 2 Mile 3 Mile FOUR
  1. MarinoMike
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Originally Posted By psychosylocibin
in B4 cryptocurrency becomes the de facto primary currency and the USD falls, which means I socked money into my 401k for nothing.



just lol at saving for retirement
just lol at my 6 figure job


while phukking computerscienceCEL 16 years have way more net worth than me.
Here's a great post by a guy who has absolutely no idea how many countries governments are propped up and tied to the USD. Hell dude, BTC is even priced in USD!!!! USD not going no where.
6'5 220
i can bench press 135 pounds on a good day
post 1536922471 12-08-2017, 12:20 PM
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#156
  1. VegasLifter26
  2. MAGA
  1. VegasLifter26
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my dad is a banker and even he doesnt know what bitcoin is
(these are my opinions i am not a licensed broker by trade)
post 1536923281 12-08-2017, 12:30 PM
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#157
  1. LFAesthetics
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  1. LFAesthetics
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Originally Posted By DanyBambino
Can any bitcoin misc exper brah explain me how this currency is worth more than dollars if it doesnt consitute a measure of wealth of any kind?

Miring hard the fall, if I could I short sell that bich to make a kilin
its measure of wealth is it's demand, its no different than any finite resource, the new yeezys sell for hundreds, but is there really any value in them other than a few dollars worth of suede, or whatever the fuk they're made with?
Originally Posted By Frank
I don't mean to be rude or obtuse but what advantage does a ledger have for me vs my CC statement? I honestly see no benefits in crypto. I for one appreciate inflation of fiat currency. Without inflation, people would be afraid to spend money and the economy would essentially halt.
the power of crypto to me, is not in BTC with its slow protocol and processing, but the ability to send someone money free of a central clearing house and "instantly" is appealing to me,

for example, today Venmo is a common way for kids and young people to send each other money without needing the bank for a cash withdrawal or *shudder* writing a check... crypto for a cash transfer system is a nice system for that. It's also a nice system for paying for things without waiting for "processing" done by the banks, course there is also the drawback of the one way ticket of block chain and reversals etc. but that's another problem that can be solved.

and truthfully above all I'm more excited about other tokenized dApps than I am about BTC. BTC has its use as a store of value, LTC has it's use as the more efficient network for p2p payments. its really the other dApps that could change the world with their distributed ledgers for various things such as ID verification or cloud storage/computing some of these ideas are already working in reality in other altcoins.

but BTC cannot crash and burn until some of these projects come to fruition because of people are scared of the unknown.
post 1536923581 12-08-2017, 12:33 PM
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#158
  1. papi89
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Even my nephew laughs about how he's worth more than me because he owns bitcoin. He's 5
☆☆☆MISC BOXING CREW☆☆☆

++ Positive Crew ++
post 1536924271 12-08-2017, 12:40 PM
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#159
  1. pojo18
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Originally Posted By VegasLifter26
my dad is a banker and even he doesnt know what bitcoin is
your dad is a strong norwood 3
Reps to all BJJ/grappling/MMA bros.
post 1536925771 12-08-2017, 12:57 PM
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#160
  1. zilaniz
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  1. zilaniz
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Originally Posted By FA*******
No one buys Bitcoin with any intent of ever spending it. They only buy it to sit on it and watch it go up.

And why does it go up, because people buy it. Why do they buy it, because it goes up...

This is all a bubble driven by nothing, but I srsly don't see how it will break at this point. When it DOES break though, everyone's just going to simultaneously try to cash out and run for the exits. The drop is going to be pretty fukkin dramatic.
Not True. I have bought stuff from NewEgg and puffitup.com with bitcoin. Also a lot of philly devils lettuce delivery services take bitcoin, so I've been smoking for free this past few months on bitcoin profits

cope
o
p
e
post 1536926381 12-08-2017, 01:03 PM
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#161
  1. jinda628
  2. Lol ty.
  1. jinda628
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Originally Posted By Frank
If cryptocurrency was main stream today, can you tell me how my life would improve as a regular consumer vs fiat?
This is an easy to understand explanation of how the blockchain and cryptocurrency works. The video is a year old and focused on BTC but the principle behind should be the same as other platform utilizing the blockchain tech.

Steam - jinda28
Origin - jinda628
XBLive - jinda628
Btag - blood#1648 / blood#1816
post 1536926811 12-08-2017, 01:08 PM
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#162
  1. W1LLW
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Lold at bubble of peace and prospérity
Kobe Forever
Black Crew
Bucks N 6
post 1536933851 12-08-2017, 02:18 PM
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#163
  1. 21stCenturyKid
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Bitcoin is touted as an "electronic cash system" according the official whitepaper; yet retailers such as Steam have opted out.

It's had many years to take over the retail space, with 0 success.

The only real practicality of Bitcoin is the fact I've been able to buy mind-expanding narcotics over the Onion Network, but other than this convenience (which will be getting phased out in favor for privacy coins like XMR) Bitcoin has absolutelyfailedat it's intended purpose.
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