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Just LOL @ the entire world buying Bitcoin.
12-07-2017, 08:42 PM
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#61
12-07-2017, 08:55 PM
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#62
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Originally Posted By 25AccountsSon⏩
At least i get my 200% yearly return paid to me in cash.20.....dollars....per week 5% gain per week
bitcoin up by over 2,000 since yesterday 17.88% gain per day
yeah bro $20 per week bro get all kinds of GAINZ neega BOY I'LL SMACK THE PIZZ OUT OF YOU, IGNANT BISH
bitcoin up by over 2,000 since yesterday 17.88% gain per day
yeah bro $20 per week bro get all kinds of GAINZ neega BOY I'LL SMACK THE PIZZ OUT OF YOU, IGNANT BISH
feels good man
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12-07-2017, 08:58 PM
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#63
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lol at me for having 1k in it at 5k usd and not even giving a fuk. Nek minute looks at coinbase and it's worth 20k lmao. Completely irrational behaviour of the market which is to be expected but it works for me.
12-07-2017, 09:01 PM
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#64
12-07-2017, 09:05 PM
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#65
- S0Jack3d
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how long before they start selling bitcoin at walmart
Disclaimer: All of my posts are for ENTERTAINMENT PURPOSES ONLY. All opinions expressed by the the poster known as "s0jack3d" are the fictional opinions of a fictional character. All opinions expressed by "s0jack3d" are pure hyperbole & satire. My posts should not be misconstrued to be the personal beleifs of any individual in any way, shape, or form. These posts are not meant to be taken literally. s0jack3d is a fictional character created for the purpose of writing a future novel.
12-07-2017, 09:11 PM
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#66
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Bit coin futures next monday. RIP in peace bitcoin.
Currently there have even been heavy restriction from some places on withdrawing bitcoins. Thus it is buy buy buy and the price has skyrocketed. Give investors a way to short bitcoin and price will come back to reality.
Currently there have even been heavy restriction from some places on withdrawing bitcoins. Thus it is buy buy buy and the price has skyrocketed. Give investors a way to short bitcoin and price will come back to reality.
12-07-2017, 09:25 PM
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#67
- WhAtNoWbChSs
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Originally Posted By Skezo⏩
Whats the ticker and what exchange. I want to short.Bit coin futures next monday. RIP in peace bitcoin.
Currently there have even been heavy restriction from some places on withdrawing bitcoins. Thus it is buy buy buy and the price has skyrocketed. Give investors a way to short bitcoin and price will come back to reality.
Currently there have even been heavy restriction from some places on withdrawing bitcoins. Thus it is buy buy buy and the price has skyrocketed. Give investors a way to short bitcoin and price will come back to reality.
You can walk outside and listen to all kinds of talk, get told you're a god or a total bastard. The iron always kicks you the real deal. It's the great reference point, the all-knowing perspective giver. I have found it to be my greatest friend. It never freaks out on me, never runs. Friends may come and go. But 200 pounds is always 200 pounds.
12-07-2017, 09:39 PM
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#68
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Originally Posted By Skezo⏩
This. Main reason why I'm staying out of bitcoin. Congrats to whoever profited on today's ridiculous bull run but I think it comes back to reality once futures hit nasdaqBit coin futures next monday. RIP in peace bitcoin.
Currently there have even been heavy restriction from some places on withdrawing bitcoins. Thus it is buy buy buy and the price has skyrocketed. Give investors a way to short bitcoin and price will come back to reality.
Currently there have even been heavy restriction from some places on withdrawing bitcoins. Thus it is buy buy buy and the price has skyrocketed. Give investors a way to short bitcoin and price will come back to reality.
12-07-2017, 09:48 PM
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#69
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Originally Posted By WhAtNoWbChSs⏩
no you wont, i guarentee itWhats the ticker and what exchange. I want to short.
always amusing hearing from the "cant wait to short it" cels
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12-07-2017, 10:43 PM
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#70
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Originally Posted By HMFIC_BROWSIN⏩
This. What you fukkheads don't get is that first is always best in tech.Because it was first and has had the most time to grow at this point. Ethereum is arguably way better technology, as is litecoin. but no one seems to give a fuk.
*posted from Commodore 64 using 56k dial up Internet
mo e
12-08-2017, 04:54 AM
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#71
- DanyBambino
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Steam says FUK U BITCOIN
As of today, Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in the value of Bitcoin.
In the past few months we've seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process transactions on the Bitcoin network. For example, transaction fees that are charged to the customer by the Bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week (compared to roughly $0.20 when we initially enabled Bitcoin). Unfortunately, Valve has no control over the amount of the fee. These fees result in unreasonably high costs for purchasing games when paying with Bitcoin. The high transaction fees cause even greater problems when the value of Bitcoin itself drops dramatically.
Historically, the value of Bitcoin has been volatile, but the degree of volatility has become extreme in the last few months, losing as much as 25% in value over a period of days. This creates a problem for customers trying to purchase games with Bitcoin. When checking out on Steam, a customer will transfer x amount of Bitcoin for the cost of the game, plus y amount of Bitcoin to cover the transaction fee charged by the Bitcoin network. The value of Bitcoin is only guaranteed for a certain period of time so if the transaction doesn’t complete within that window of time, then the amount of Bitcoin needed to cover the transaction can change. The amount it can change has been increasing recently to a point where it can be significantly different.
The normal resolution for this is to either refund the original payment to the user, or ask the user to transfer additional funds to cover the remaining balance. In both these cases, the user is hit with the Bitcoin network transaction fee again. This year, we’ve seen increasing number of customers get into this state. With the transaction fee being so high right now, it is not feasible to refund or ask the customer to transfer the missing balance (which itself runs the risk of underpayment again, depending on how much the value of Bitcoin changes while the Bitcoin network processes the additional transfer).
At this point, it has become untenable to support Bitcoin as a payment option. We may re-evaluate whether Bitcoin makes sense for us and for the Steam community at a later date.
We will continue working to resolve any pending issues for customers who are impacted by existing underpayments or transaction fees.
As of today, Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in the value of Bitcoin.
In the past few months we've seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process transactions on the Bitcoin network. For example, transaction fees that are charged to the customer by the Bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week (compared to roughly $0.20 when we initially enabled Bitcoin). Unfortunately, Valve has no control over the amount of the fee. These fees result in unreasonably high costs for purchasing games when paying with Bitcoin. The high transaction fees cause even greater problems when the value of Bitcoin itself drops dramatically.
Historically, the value of Bitcoin has been volatile, but the degree of volatility has become extreme in the last few months, losing as much as 25% in value over a period of days. This creates a problem for customers trying to purchase games with Bitcoin. When checking out on Steam, a customer will transfer x amount of Bitcoin for the cost of the game, plus y amount of Bitcoin to cover the transaction fee charged by the Bitcoin network. The value of Bitcoin is only guaranteed for a certain period of time so if the transaction doesn’t complete within that window of time, then the amount of Bitcoin needed to cover the transaction can change. The amount it can change has been increasing recently to a point where it can be significantly different.
The normal resolution for this is to either refund the original payment to the user, or ask the user to transfer additional funds to cover the remaining balance. In both these cases, the user is hit with the Bitcoin network transaction fee again. This year, we’ve seen increasing number of customers get into this state. With the transaction fee being so high right now, it is not feasible to refund or ask the customer to transfer the missing balance (which itself runs the risk of underpayment again, depending on how much the value of Bitcoin changes while the Bitcoin network processes the additional transfer).
At this point, it has become untenable to support Bitcoin as a payment option. We may re-evaluate whether Bitcoin makes sense for us and for the Steam community at a later date.
We will continue working to resolve any pending issues for customers who are impacted by existing underpayments or transaction fees.
12-08-2017, 05:10 AM
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#72
JPMorgan CEO Dimon was calling the market a bubble more overvalued than the tulip bulb craze in the 17th Century. “It won’t end well,” he said Barclays banking conference. “Someone is going to get killed.”
OP sell when you are feeling safe and if you have made a profit. When bitcoin starts to drop in price eventually - Those who purchased recently and new to crypto currencies will start losing their **** and start selling even if its at a 50% loss. And bitcoin will definitely crash. No doubt. This sort of price increase is not sustainable.
OP sell when you are feeling safe and if you have made a profit. When bitcoin starts to drop in price eventually - Those who purchased recently and new to crypto currencies will start losing their **** and start selling even if its at a 50% loss. And bitcoin will definitely crash. No doubt. This sort of price increase is not sustainable.
12-08-2017, 05:17 AM
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#73
- Frank Drebin
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https://arstechnica.com/tech-policy/...nts=1&start=40
The skyrocketing value of Bitcoin is leading to soaring energy consumption. According to one widely cited website that tracks the subject, the Bitcoin network is consuming power at an annual rate of 32TWh—about as much as Denmark. By the site's calculations, each Bitcoin transaction consumes 250kWh, enough to power homes for nine days.
Naturally, this is leading to concerns about sustainability. Eric Holthaus, a writer for Grist, projects that, at current growth rates, the Bitcoin network will "use as much electricity as the entire world does today" by early 2020. "This is an unsustainable trajectory," he writes.
In before this is countered with a price quote of BTC at an all time high.Naturally, this is leading to concerns about sustainability. Eric Holthaus, a writer for Grist, projects that, at current growth rates, the Bitcoin network will "use as much electricity as the entire world does today" by early 2020. "This is an unsustainable trajectory," he writes.
12-08-2017, 05:20 AM
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#74
- hewhodar3s
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- hewhodar3s
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It's the best get rich quick scheme we will ever see in our lives.
"Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan 'Press On' has solved and always will solve the problems of the human race."
12-08-2017, 05:36 AM
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#75
- HMFIC_BROWSIN
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- HMFIC_BROWSIN
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Originally Posted By BDSMBBW⏩
Jamie dimon said this when it was $4000 per btc. Jakes on him. Meanwhile overstock and square have been blessed with investment capital for having an open mind.JPMorgan CEO Dimon was calling the market a bubble more overvalued than the tulip bulb craze in the 17th Century. “It won’t end well,” he said Barclays banking conference. “Someone is going to get killed.”
OP sell when you are feeling safe and if you have made a profit. When bitcoin starts to drop in price eventually - Those who purchased recently and new to crypto currencies will start losing their **** and start selling even if its at a 50% loss. And bitcoin will definitely crash. No doubt. This sort of price increase is not sustainable.
OP sell when you are feeling safe and if you have made a profit. When bitcoin starts to drop in price eventually - Those who purchased recently and new to crypto currencies will start losing their **** and start selling even if its at a 50% loss. And bitcoin will definitely crash. No doubt. This sort of price increase is not sustainable.
12-08-2017, 05:48 AM
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#76
- Frank Drebin
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Originally Posted By hewhodar3s⏩
indeed.It's the best get rich quick scheme we will ever see in our lives.
Create currency.
Hoard said currency
Create demand for said currency
Profit
12-08-2017, 05:58 AM
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#77
- Hammersia
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Originally Posted By Admired⏩
Unless you sold some, you made nothing at all the past two days. And when someone big does sell you will lose the lot.No, OP your wrong. Your average person doesn't own one which is why bitcoin is still in its infant state. The money is coming from large financial institutions as wall street prepares to conduct futures contracts on bitcoin. This is nothing like the bubble of 2013, this is true growth backed by endless demand. Yes of course at some point there will be a price correction but that is apart of healthy growth for any asset. I nearly made $100k in the past 2 days from bitcoin. OP your just mad because you don't understand the theory and practicality behind blockchain and you haven't invested like you should have.
I will carry on working my sixty hour week making an honest living.
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12-08-2017, 06:23 AM
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#78
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Originally Posted By Hammersia⏩
Yes your right but it really doesn't matter when i've bought all 27 at around $600, it's all profit at this point even if it consolidates like crazy but there are so many strong support levels along the way with people itching to get in, so I don't see a crash being possible. A healthy correction is perfectly fine/normal though. I along with other holders aren't even considering selling until probably $100k or so. Why struggle and beat your head against the wall when you can make your money work for you? Just so you can be an honest hardworking citizen??? Please man. Don't act so high and mighty, I also work 12 hour days for 4 months at a time but it's something I enjoy anyway.Unless you sold some, you made nothing at all the past two days. And when someone big does sell you will lose the lot.
I will carry on working my sixty hour week making an honest living.
I will carry on working my sixty hour week making an honest living.
12-08-2017, 06:30 AM
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#79
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If this is bigger than the dotcom bubble then there is still a 10x profit to make. Bitcoin market cap is at 200-300 bn USD range while the Nasdaq bubble was at 2 trillion+
One of the things that I would really be happy to is to see as a bitcoin investor is bitcoin in a bigger "bubble" than the dotcom bubble
let them come
One of the things that I would really be happy to is to see as a bitcoin investor is bitcoin in a bigger "bubble" than the dotcom bubble
let them come
12-08-2017, 06:31 AM
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#80
- Techriding101
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Originally Posted By JackTheMiscer⏩
lol i was buying bitcoin for like $50 a piecei remember when bitcoin was only talked about for getting supplements on strange websites.
needed a bunch of them for my bike
about to email percy and get a refund
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12-08-2017, 06:38 AM
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#81
- LatinoSlayer91
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If you know it's a bubble why not ride the wave? You're too much of a puzzy boi?
I got in at 9000 when that was considered an ALL time high and now it's hovering at 15,000
Sold all I put in and bam 60-70% return in one fukkin week
I know it's a bubble fool but it hasn't popped yet
I got in at 9000 when that was considered an ALL time high and now it's hovering at 15,000
Sold all I put in and bam 60-70% return in one fukkin week
I know it's a bubble fool but it hasn't popped yet
It is only when a man comes to terms with his own mortality, can he gain the freedom to appreciate life.
12-08-2017, 06:41 AM
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#82
- rainieravesouth
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Originally Posted By Admired⏩
No, OP your wrong. Your average person doesn't own one which is why bitcoin is still in its infant state. The money is coming from large financial institutions as wall street prepares to conduct futures contracts on bitcoin. This is nothing like the bubble of 2013, this is true growth backed by endless demand. Yes of course at some point there will be a price correction but that is apart of healthy growth for any asset. I nearly made $100k in the past 2 days from bitcoin. OP your just mad because you don't understand the theory and practicality behind blockchain and you haven't invested like you should have.
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12-08-2017, 06:45 AM
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#83
12-08-2017, 06:46 AM
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#84
- rainieravesouth
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Originally Posted By Admired⏩
ur doing it wrongDon't agree I take it?
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12-08-2017, 06:49 AM
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#85
12-08-2017, 06:50 AM
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#86
12-08-2017, 06:59 AM
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#87
1) Backed by nothing
2)Lessaccepted compared to several years ago as a currency
3) Futures deal blocked
4) People who don't know what a "broker" is and think the S&P 500 is a place in New York are talking to me about investing in BTC
5) More bubbly than an underwater fart
2)Lessaccepted compared to several years ago as a currency
3) Futures deal blocked
4) People who don't know what a "broker" is and think the S&P 500 is a place in New York are talking to me about investing in BTC
5) More bubbly than an underwater fart
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12-08-2017, 07:03 AM
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#88
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Originally Posted By mookone⏩
I'm happy for them, honestly. I just see it as a bubble, would you trust a currency that was created in 1998? I just don't see bit coin going main stream, or any other privately created Cryptos.lol you mad that people making money ?
Lots of money to be made in the meantime, if you can tolerate the risk. Not my cup of tea, especially at these levels. Best case scenario at this point is a 6 bagger, worst case is probably a 80%-90% loss.
12-08-2017, 07:04 AM
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#89
- pojo18
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Originally Posted By Vito-C⏩
nocoincel spotted1) Backed by nothing
2)Lessaccepted compared to several years ago as a currency
3) Futures deal blocked
4) People who don't know what a "broker" is and think the S&P 500 is a place in New York are talking to me about investing in BTC
5) More bubbly than an underwater fart
2)Lessaccepted compared to several years ago as a currency
3) Futures deal blocked
4) People who don't know what a "broker" is and think the S&P 500 is a place in New York are talking to me about investing in BTC
5) More bubbly than an underwater fart
futures haven't been blocked, and the US dollar is not backed by anything and hasn't been in years.
bitcoin is in a perpetual bubble, and it has popped many times before, but has always recovered and reached new all time highs.
don't be mad bro, trust me, there is A LOT more fuel in this current bubble, we will hit 40k minimum before it pops and could see as high as 100k. it's not too late for you.
edit: Idk how much you know about bitcoin history but for bitcoins current run to be equal to the 2013 bubble it experienced, it would have to be worth more than $60,000 TODAY. Again, this bubble has a lot of climbing to do before it pops
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12-08-2017, 07:08 AM
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#90
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Originally Posted By Frank
accurate analysis and I respect this opinion.I'm happy for them, honestly. I just see it as a bubble, would you trust a currency that was created in 1998? I just don't see bit coin going main stream, or any other privately created Cryptos.
Lots of money to be made in the meantime, if you can tolerate the risk. Not my cup of tea, especially at these levels. Best case scenario at this point is a 6 bagger, worst case is probably a 80%-90% loss.
Lots of money to be made in the meantime, if you can tolerate the risk. Not my cup of tea, especially at these levels. Best case scenario at this point is a 6 bagger, worst case is probably a 80%-90% loss.
Bitcoin very likely will go down as the "Myspace" of cryptocurrency. The first big name but certainly not the future industry leader.
A lot of people have and will get very rich off of bitcoin, books and movies will be made about this time in history. But I doubt 5-10 years from now bitcoin is the industry leader in the cryptocurrency space.
proceed with caution.
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