1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

What do people think about Bitcoin?

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

?

What is the fate of Bitcoin?

  1. Currency of the future

    34.8%
  2. Passing Fad

    65.2%
  1. saitou

    saitou J Only Fan

    Joined:
    Jul 20, 2003
    Messages:
    3,490
    Likes Received:
    1,503
    shitcoins go down faster, but if crypto rallies i think they will go up faster as well.

    if you don't think there's another crypto rally this year, why buy any coin? just sit it out.
     
  2. Invisible Fan

    Invisible Fan Member

    Joined:
    Dec 5, 2001
    Messages:
    45,954
    Likes Received:
    28,046
    Maybe I haven't done the math but I'm ok with slippage and taxes if there are opportunities to rebalance from BTC to alts. BTC seems to pop violently before everything else follows
     
  3. KingCheetah

    KingCheetah Atomic Playboy
    Supporting Member

    Joined:
    Jun 3, 2002
    Messages:
    59,079
    Likes Received:
    52,746
  4. LosPollosHermanos

    Supporting Member

    Joined:
    Aug 25, 2009
    Messages:
    29,968
    Likes Received:
    13,986
    Seent it your too late

    @Commodore how you holding up? Down 200Gs over the last month
     
  5. Commodore

    Commodore Member

    Joined:
    Dec 15, 2007
    Messages:
    33,556
    Likes Received:
    17,513
    these diamond hands are just fine

    [​IMG]
     
    #5285 Commodore, Jun 22, 2021
    Last edited: Jun 23, 2021
    LosPollosHermanos and DonnyMost like this.
  6. Space Ghost

    Space Ghost Member

    Joined:
    Feb 14, 1999
    Messages:
    18,110
    Likes Received:
    8,554
    More accurate than TA

    [​IMG]
     
  7. DonnyMost

    DonnyMost Member
    Supporting Member

    Joined:
    May 18, 2003
    Messages:
    48,949
    Likes Received:
    19,862
    All of these videos are so damn cringe.
     
    Space Ghost likes this.
  8. Space Ghost

    Space Ghost Member

    Joined:
    Feb 14, 1999
    Messages:
    18,110
    Likes Received:
    8,554
  9. KingCheetah

    KingCheetah Atomic Playboy
    Supporting Member

    Joined:
    Jun 3, 2002
    Messages:
    59,079
    Likes Received:
    52,746
  10. KingCheetah

    KingCheetah Atomic Playboy
    Supporting Member

    Joined:
    Jun 3, 2002
    Messages:
    59,079
    Likes Received:
    52,746
  11. saitou

    saitou J Only Fan

    Joined:
    Jul 20, 2003
    Messages:
    3,490
    Likes Received:
    1,503


    Down almost $2k since his tweet...
     
    Space Ghost likes this.
  12. Commodore

    Commodore Member

    Joined:
    Dec 15, 2007
    Messages:
    33,556
    Likes Received:
    17,513
    buy and hold bitcoin to protect yourself against inflation



     
    #5292 Commodore, Jun 25, 2021
    Last edited: Jun 25, 2021
  13. saitou

    saitou J Only Fan

    Joined:
    Jul 20, 2003
    Messages:
    3,490
    Likes Received:
    1,503
    Good. Bitcoin is helping reduce inflation of other items by acting as a liquidity sponge. May actually be good for the rest of the economy.
     
    Ziggy likes this.
  14. Xerobull

    Xerobull ...and I'm all out of bubblegum
    Supporting Member

    Joined:
    Jun 18, 2003
    Messages:
    36,808
    Likes Received:
    35,655
  15. Commodore

    Commodore Member

    Joined:
    Dec 15, 2007
    Messages:
    33,556
    Likes Received:
    17,513
    protect yourself from inflation and maniacs like Jerome Powell

    convert your wealth to bitcoin. Whatever share you can claim can never be diluted.

     
  16. Invisible Fan

    Invisible Fan Member

    Joined:
    Dec 5, 2001
    Messages:
    45,954
    Likes Received:
    28,046
    There's some new developments on blockfi, where if you got coins locked up there, I'd do some research on whether to keep them there. Call it FUD, due diligence or whatever
     
  17. The Real Shady

    Joined:
    Jun 8, 2000
    Messages:
    17,173
    Likes Received:
    3,972
    Seems like regulators are just going after their interest accounts stating they have to register them as securities in order to pay interest. So I would think that the funds should be safe, and they will have to eventually stop paying interest until it gets sorted out. I have some there, but will see what happens.
     
  18. KingCheetah

    KingCheetah Atomic Playboy
    Supporting Member

    Joined:
    Jun 3, 2002
    Messages:
    59,079
    Likes Received:
    52,746
    TF is CoinFlip -- you can go buy bitcoin with cash at an ATM, but you can't withdraw money from these things?
     
  19. Commodore

    Commodore Member

    Joined:
    Dec 15, 2007
    Messages:
    33,556
    Likes Received:
    17,513
  20. Andre0087

    Andre0087 Member

    Joined:
    Jan 16, 2012
    Messages:
    9,988
    Likes Received:
    13,640
    Yea, ok.
     
    CCity Zero and LosPollosHermanos like this.

Share This Page