if gmt would put his head into reading into every coin on www.coinmarketcap.com he would be generating more tips than anyone
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Bitcoin Talk
- Thread starter englishrick
- Start date
I am really interested in dapps..quantam and eos and iota are all interesting for this..look at crypto kitties .. fuuuuukin hell
fuuuk...4000 lol...seems like ages
while banks hang back, startups with names like Salt Lending, Nebeus, CoinLoan and EthLend are diving into the breach. Some lend — or plan to lend — directly, while others help borrowers get financing from third parties. Terms can be onerous compared with traditional loans. But the market is potentially huge.
http://www.telegraph.co.uk/business...ted-having-no-lender-last-resort-bnp-paribas/
http://www.telegraph.co.uk/business...ted-having-no-lender-last-resort-bnp-paribas/
If the NSA has a part in this; Bitcoin can hardly be considered decentralizing. They may have just changed where the center is.
Anonimity is clearly BS as I have been seeing lots of Bitcoin asset seizures related to illegal dark web activity.
I guess we will find out soon. How many Americans are paying Taxes on their crypto gains? Gains are gains.
What I mean is if Bitcoin wallets start getting seized by the IRS we will know for sure the NSA is deeply involved.
The man will get his money. He always does.
Al Capone anyone?
Douglas.Curtis
Autistic Diplomat in Training
LOL Bitcoin is a PUBLIC ledger coin. The only people continually saying bitcoin is anon are the media and the ignorant. Every single transaction is recorded, along with the source IP address, and it's all publicly available for anyone to see.
Look to Zcash or Monero for anon money movement.
Sure, and you'll see a nearly instant devaluation of bitcoin, as people move their assets into a more stable, Non-NSA coin.
Bitcoin is the first crypto coin, it will most likely not survive as long as people expect. Something better has/will come along and replace it. I wouldn't get hung up on it.
Burgundy Frost
New member
Is the rise in value of bitcoin due to speculation?
Chappi
Well-known member
Absolutely. They will say that the stock market is in a bubble(true) they will say that the dollar is in a bubble(true) the will compare bitcoin to gold as a safe asset. They will say that there are only a set amount of bitcoins. But it’s all speculation. Doesn’t mean it can’t go to 40,000$
When people that don't normally invest in an asset (Bitcoin), begin investing in a highly speculative investment--the price will always be artificially high (amateur hour on parade).
I read a few days ago that some people are taking out 2nd mortgages to invest in Bitcoin. If it were me, I would be investigating "out of the money Put Options" in anticipation of a "market correction" (due to the "artificial high" caused be amateur investors paying too much).
And when (not if) the Bitcoin market corrects itself (pushing the price to the lower "real price"), an "out of the money Put" will jump from pennies to dollars (hundreds? thousands?, yep...some will).
But imo, there are other alternative investments available that behave similarly and are worthy of my money.
I read a few days ago that some people are taking out 2nd mortgages to invest in Bitcoin. If it were me, I would be investigating "out of the money Put Options" in anticipation of a "market correction" (due to the "artificial high" caused be amateur investors paying too much).
And when (not if) the Bitcoin market corrects itself (pushing the price to the lower "real price"), an "out of the money Put" will jump from pennies to dollars (hundreds? thousands?, yep...some will).
But imo, there are other alternative investments available that behave similarly and are worthy of my money.
Douglas.Curtis
Autistic Diplomat in Training
The last time "Joe Public" began getting involved with bitcoin, the price went to what... $8kUSD? Then it dropped back (IIRC) to around $400, slightly higher than before the insanity. (Those numbers may be incorrect, the point is there though)
Bitcoin was at $6k, watch it correct to between $7k and $10k eventually. Could be higher if all this wall street insanity keeps it pumped a few years.
Bitcoin was at $6k, watch it correct to between $7k and $10k eventually. Could be higher if all this wall street insanity keeps it pumped a few years.
Here is one: https://www.deribit.com/
It has BOTH "futures" and "options".
I am sure if there is one, then there will be more out there.
I would do this, investigate "stock options" at other websites (lots out there) so you can understand the terminology, procedures and the "game". Then use that site's demo account to "learn" and practice trading without losing a "bit"--before going "live".
Their FAQ--
DeluxeBerry
Member
lol no it only went to $1200 never went remotely near 8k.
Douglas.Curtis
Autistic Diplomat in Training
That's right, $1200. My memory is not the greatest, ty. lol I do have a bookmark in a browser with a bitcoin price of around $400 after that.
It looks like the transaction fees are costing too much for daily merchant transactions. In my opinion, the bitcoin development team has been much more relaxed than other coins. This could actually hurt them for a while... no?
Wow,
Nice small correction going on.
As predicted, alt coins are down against BTC and overall valuation has decreased. Might just get on board with chappi and buy a slice at around the 10 to 12k mark if it ever gets there.
Nice small correction going on.
As predicted, alt coins are down against BTC and overall valuation has decreased. Might just get on board with chappi and buy a slice at around the 10 to 12k mark if it ever gets there.
I'm not bothering it's hardly worth moving funds for a ponzi like this. I left my investment where it was & made 5 points this week. Free christmas & all. @ all the stages I could have got in on it's never made the returns of precious metal.
I've got more metal than I can carry & was thinking of some crypto but I won't bother with it now I know what it is, it's worthless to me. I don't need to chnge my lifestyle for some crypto & headache about moving it & money.
I bought a light when LTC was @ 300 instead of getting in & that lamp has already turned a profit where the coin wouldn't have moved my status..
I've got more metal than I can carry & was thinking of some crypto but I won't bother with it now I know what it is, it's worthless to me. I don't need to chnge my lifestyle for some crypto & headache about moving it & money.
I bought a light when LTC was @ 300 instead of getting in & that lamp has already turned a profit where the coin wouldn't have moved my status..
