Bitcoin
- Thread starter Ron Resnick
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Which is only 3,666.74 more dollars than its intrinsic value. Luckily hodlers have a high pain threshold
The link didn't work for me Bob, but I tracked it down. The graph is self-explanatory but since 1) I have a hard time balancing my checkbook and 2) I'm just trying not to get my butt kicked in the market right now, I will be the last person on the planet to buy bitcoin anytime soon.
Hmmm, strange that the link did not work. But it can happen sometimes, like for me some YouTube videos are not available in Canada, so I have to Google them from other sources. Anyway...
Bitcoin is only making the news because it's the Season Holidays.
I've only posted the link in good spirit of the humor Holidays because before it reaches $333,000 that'll be the day! It has 200% better chance to go fubar (caput), below zero than anything else on this planet, including a dozen volcanoes erupting @ the same time.
Bitcoin is humor, destruction for the gullible and weak and lost. It's a distraction like many unimportant news and many irrelevant and superficial life's values.
Again, I only posted that link because it is so funny what they put out today on the internet in the goal to lure the money out of people's pockets (bank accounts). That is all.
Who wants to play with thieves, scammers, hackers and all the bad gangs of cyber bandits out there! Just look @ the players, it says it all; like Tim Draper and John McAfee, etc.
Bitcoin is only making the news because it's the Season Holidays.
I've only posted the link in good spirit of the humor Holidays because before it reaches $333,000 that'll be the day! It has 200% better chance to go fubar (caput), below zero than anything else on this planet, including a dozen volcanoes erupting @ the same time.
Bitcoin is humor, destruction for the gullible and weak and lost. It's a distraction like many unimportant news and many irrelevant and superficial life's values.
Again, I only posted that link because it is so funny what they put out today on the internet in the goal to lure the money out of people's pockets (bank accounts). That is all.
Who wants to play with thieves, scammers, hackers and all the bad gangs of cyber bandits out there! Just look @ the players, it says it all; like Tim Draper and John McAfee, etc.
I still think Bitcoin is headed below 2,000. Psychological negativity will continue to increase in the first quarter of 2019 and financial markets will continue to suffer. IMHO, YMMV
Like Marty bitcoin is something I will never own. The thought however comes to mind about what will happen to Bitcoin should we enter a bear market
Bear market? The put call ratio for equities closed at .44 which is really low....bearish. If the market continues to rally Monday and it falls into the .30's that's a sell signal imho. US/China Trade talks begin a week from Monday and the Democratic House comes in January 3rd....lot's of volatility.
Good times ahead, lots on the table; leftovers and all that jazz.
And Winter (snow) just started ... seatbelts are on and airbags are ready for deployment.
And Winter (snow) just started ... seatbelts are on and airbags are ready for deployment.
https://www.technologyreview.com/s/...nhackable-blockchains-are-now-getting-hacked/
I can only imagine how much energy this whole mess is using, hacking a blockchain is going to require massive computing power.
Time to end this BS, it's an environmental and ethical disaster. The world's problems are obviously the result of corruption and environmental degradation, cryptocurrency gives you both at the same time!
I can only imagine how much energy this whole mess is using, hacking a blockchain is going to require massive computing power.
Time to end this BS, it's an environmental and ethical disaster. The world's problems are obviously the result of corruption and environmental degradation, cryptocurrency gives you both at the same time!
Everyone has known from the start this is possible. And it comes as no surprise that someone had enough computers to have a majority on the rinkadink ehtereum classic chain. Try it on Bitcoin... unhackable for the foreseeable future.
The only reason it’s on CoinBase is because those assholes figure it is marketing, people know the name Ethereum so maybe they’ll buy/sell the classic version. It’s just like how they put on Bitcoin Cash vaguely so people would buy it - and also ruined their deal with a major exchange for affecting prices.
This guy is my number one guru who I trust the most for everything investment Bitcoin related:
• https://www.ccn.com/john-mcafee-bitcoin-price-predictions/amp
...One of the worst con artists on the face of this planet. He should work in a circus, the world circus of finances and protection of investments. ...Him and a whole bunch more like him.
• https://www.ccn.com/john-mcafee-bitcoin-price-predictions/amp
...One of the worst con artists on the face of this planet. He should work in a circus, the world circus of finances and protection of investments. ...Him and a whole bunch more like him.
The wise man is speaking ...
• https://www.fool.ca/2019/02/23/bitc...this-is-what-i-think-warren-buffett-would-do/
• https://www.fool.ca/2019/02/23/bitc...this-is-what-i-think-warren-buffett-would-do/
This is an indictment of the Ponzi scheme known as Bitcoin. The head of the Bitcoin depository Quadrigacx died in India, and only he knew the password to system. $140M in value is "trapped" in the depository, with no way of getting it out.
Maybe some banking regulations aren't a bad idea.
https://www.google.com/amp/s/www.co...tificate-crypto-exchange-quadrigacx-death?amp
Maybe some banking regulations aren't a bad idea.
https://www.google.com/amp/s/www.co...tificate-crypto-exchange-quadrigacx-death?amp
Well, that doesn't speak for Bitcoin itself since it's not part of the blockchain itself. Regulations might make sense for custodians but the problem is that they try to just shove "double spend" laws on them, which are 100% pointless for Bitcoin.
I have followed that story since it was revealed on the news networks...Internet.
This young man's legacy is gone caput forever with his death, and along with it all the "poor soul's secured deposit boxes" behind his failed plan. It's just another example of the safety of cryptocurrency. ...Way of speech because $190 million (140) is safe for eternity in space. Lol
It's a good thing that we have music and films to distract us from reality ...
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Still looks corrective to me. Although it could retrace higher. But broke down today. If it goes back down to the floor...possibly very bearish for bitcoin and other markets. Stocks at record high sentiment levels again.
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