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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. Dr of Dunk

    Dr of Dunk Clutch Crew

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    That's awesome. Does nothing for people who buy off your recommendations, though. lol.
     
    theimpossibles1 likes this.
  2. theimpossibles1

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    Your friend sounds like a wise dude. Could you ask him what his current investments are?
     
  3. Space Ghost

    Space Ghost Contributing Member

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    Thats easy. Tron and ICX.
     
    moestavern19 likes this.
  4. theimpossibles1

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    Cool story bro, but for real @zcarenow I would like to know.
     
    #4164 theimpossibles1, Feb 9, 2018
    Last edited: Feb 9, 2018
  5. Yung-T

    Yung-T Member

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  6. Yung-T

    Yung-T Member

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    Btw, because we had some people not reacting on the discord at all after joining and being asked multiple times:

    We use CF handles there to ensure this stays an honest CF discord, so please state your CF name after joining, otherwise we'll have to kick you.
     
  7. Bob Barker 007

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  8. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    They done "heart attacked" a Bitcoin policy maker a week after he talked about regulating it.

    enjoy!
     
  9. RocketsLegend

    RocketsLegend Member

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    Steller bounced at support. 4K soon.
     
  10. RocketsLegend

    RocketsLegend Member

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    Buy ADA and thank me in one week
     
    Daddy Long Legs likes this.
  11. jbasket

    jbasket Member

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    Why is that?
     
  12. RocketsLegend

    RocketsLegend Member

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    I follow two large signal groups and both of them called ADA. So far they've been right on the money with their picks. One group said ADA will reach 1 dollar in 5 days.
     
  13. Commodore

    Commodore Contributing Member

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    Bitcoin's widespread adoption is inevitable, because the finite supply will make it the most superior store of value the world has ever seen.




     
  14. Space Ghost

    Space Ghost Contributing Member

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    Most who believes in the future of crypto/blockchain agrees there will be a mass adoption of Bitcoin. However many of us do not believe it will be the go to choice of daily transactions.

    The problem with the store of value logic is that there can be unlimited versions of Bitcoin. There is only one version of precious metals.

    All in all, the market is too premature. With Venezuela and now Iran developing their own currencies to by pass sanctions, this shows how powerful the use of crypto can become.
     
  15. Commodore

    Commodore Contributing Member

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    no state currency can replicate Bitcoin's monetary policy, and that's the only feature that matters
     
  16. Space Ghost

    Space Ghost Contributing Member

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    You took this completely out of context.

    Bitcoin has a few fundamental problems, some which are rarely discussed. Bitcoin was designed to be a currency, not a store of value. Thus it being called Bitcoin, not Bitgold or some other implied word. The Bitcoin evangelicals are finally coming around to call it a store of value instead of a currency.

    Crypto evangelicals understand that crypto/blockchain will revolutionize how global economics will be handled. It goes beyond currencies and store of value. Crypto finally gives a global competition to state run governance.
     
  17. Major

    Major Member

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    LOL. Someone needs to re-learn their history a bunch. Just because someone tweet's something doesn't mean it's true.

    (hint: lots of other things changed in Switzerland around 1990 also)
     
  18. Commodore

    Commodore Contributing Member

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    like what?

    Uncensorable transactions, immutable ledger, and (most important) finite supply.

    Bitcoin (and only bitcoin) has these properties, and that's all it needs to be successful.

    Only a matter of time before mass adoption.
     
  19. Major

    Major Member

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    Why "only Bitcoin"? Doesn't Bitcoin Cash have all these properties? What about Litecoin? And any number of other cryptos?

    And that's not "all it needs to be successful". That's laughably stupid. If it costs $1000/transaction, then having uncensorable transactions, an immutable ledger, and finite supply is all worthless.
     
  20. moestavern19

    moestavern19 Member

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    BRUH.

    Satoshi's vision.

    BOOM.
     

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