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What do people think about Bitcoin?

Discussion in 'BBS Hangout' started by Spooner, Jan 25, 2014.

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What is the fate of Bitcoin?

  1. Currency of the future

    35.0%
  2. Passing Fad

    65.0%
  1. GanjaRocket

    GanjaRocket Member

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    Coinbase has some more features for security.. and you can do instant deposit with USD you hold in their USD Wallet.

    But circle is always insrant deposit.. why did you decide on coinbase? Just curious
     
  2. DonkeyMagic

    DonkeyMagic Contributing Member
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    somebody missed their meds today
     
  3. GanjaRocket

    GanjaRocket Member

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    You're so funny hurhurdur :confused:

    You should be a comedian
     
    1 person likes this.
  4. fallenphoenix

    fallenphoenix Contributing Member

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    I'm pretty sure my neighbor in college tried to get me in on that. Never talked to him again after that. Anyone involved in pyramid schemes are either naive or just scum.
     
  5. GanjaRocket

    GanjaRocket Member

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    Good thing for them (like the feds ponzi) is that most people are naive
     
  6. Mr. Clutch

    Mr. Clutch Contributing Member

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    Have you tried the Plexus or Paycation?
     
  7. Mr. Clutch

    Mr. Clutch Contributing Member

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    It wasn't a grammar critique.

    I'm saying those things mean the opposite.
     
  8. GanjaRocket

    GanjaRocket Member

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    No lol I assume those are ponzi mlm products?
     
  9. Mr. Clutch

    Mr. Clutch Contributing Member

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    I've seen people selling them on FB but wasn't sure.
     
  10. GanjaRocket

    GanjaRocket Member

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    It's both though.. just like fiat currency.

    A legitimate entity that scams ppl legitimately but some ppl find use for it and screw other ppl with it.. who genuinely think they are benefitting but really they are getting screwed.

    Like fiat
     
  11. Mr. Clutch

    Mr. Clutch Contributing Member

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    What was the name of the wallet scheme?
     
  12. Mr. Brightside

    Mr. Brightside Contributing Member

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    I saw a guy with a nice Mercedes with an big Organo Gold sticker on the side of it. Must be a legit MLM since he is making bank.
     
  13. Major

    Major Member

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    So, to clarify, it's "probably" the last chance to get in on the ground floor, even though ground floor has no particular definition, and you don't have any idea when the buying will actually commence, but it clearly will when people "get it".
     
  14. GanjaRocket

    GanjaRocket Member

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    Pretty much, considering factors of price history over time in context with factors of world events and awareness

    It's really about what you know and how confident you are that you know what you know
     
  15. Mr. Clutch

    Mr. Clutch Contributing Member

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    Are you gonna starta crypto currency ponzi?
     
  16. GlenDice

    GlenDice Member

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    I had to wait 5 days just to get my account approved by circle.
     
  17. GanjaRocket

    GanjaRocket Member

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    and to add.. since most people only "know" what theyre told and actually dont know what they actually know (relating to socioeconomics and global power struggles) while living in a world of unknown knowns and unknown unknowns its pretty obvious why there is such a mass confusion regarding crypto. Add in the media war over your brain and its quite simple.

    thats.. like, an oxymoron brah

    seems like they are pretty stringent on AML and KYC... afterall, Goldman Sachs is in their backpocket
     
  18. Mr. Clutch

    Mr. Clutch Contributing Member

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    What is an unknown known?

    Something we don't know we know?


    Need examples.
     
  19. Invisible Fan

    Invisible Fan Contributing Member

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    It's like when you pray to God to win the lottery.
     
  20. GanjaRocket

    GanjaRocket Member

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    <iframe width="420" height="315" src="https://www.youtube.com/embed/XbZ8zDpX2Mg" frameborder="0" allowfullscreen></iframe>

    imagine being there when it went from 29 to 3... before this was an established force..

    imagine being one of the people who stuck around after the crash. thats some vision and foresight based on fundamental truths.. going from ~1200 to ~250 is relatively nothing.

    the ecosystem/infrastructure is so well-developed now, back then it was zilch. and ppl still had the guts and brains to stick it out

    if bitcoin was ever going to die, it was back then. Its a trojan hydra. cant be stopped (thanks trace mayer for that reference)
     

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