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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

    34.8%
  2. Passing Fad

    65.2%
  1. rezdawg

    rezdawg Member

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    Watch me sit to see what happens while it hits 80% gains tomorrow.
     
  2. Yung-T

    Yung-T Member

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    I bought at 0,02 and now it's nearly at 0.6, these are the times where you ask yourself why you're such a p****y and didn't take on a major loan.

    Fully knew ADA would moon, f***.

    I'll go all-in crypto next year, it's unbelievable how much money we are leaving on the table by being chickens.
     
    sammy and rezdawg like this.
  3. mulletman

    mulletman Member

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    I put in a limit order of below .020 when it was at 0.21. Then it went up to 0.27, and I upped my limit order to 0.21. Ended just doing a market order at 0.33. Maybe in a few days, I’ll be saying I should have just waited until it was below 0.2, but right now I’m kicking myself for not buying in at 0.21 and wondering if I should buy more at 0.53
     
  4. The Real Shady

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    I'm feeling might be more like next week.
     
  5. Yung-T

    Yung-T Member

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    Let's not get ahead of ourselves. :D
    Think some people checked the ADA and XVG transactions these past few days and it looks like a controlled pump&dump facilitated by a few entities, already consolidating a bit and went from 0.6 to 0.47$ or 2933 satoshi to 2225.
     
  6. rezdawg

    rezdawg Member

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    Ok, I caved and bought just a little ADA at $0.48....still expecting it to drop so I can buy more, but needed to hedge my bet in case it goes up.
     
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  7. LongTimeFan

    LongTimeFan Member

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    $XVG went 6x this week.. crazy
     
  8. Yung-T

    Yung-T Member

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    John McAfee shilled it hard this week and said all privacy coins will go berzerk in 2018.
    I'll invest, but it's said that the dev team isn't really good and they apparently already failed twice or something to release one of their most important protocols.

    Still probably a great short-term coin, the market atm doesn't give a F about technical details.
     
  9. DudeWah

    DudeWah Member

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    I had a lot of verge when it was $.002

    I sold it all a few months ago because I got bored of its lack of price movement.

    Missed out on going 30x with my money. :D

    If the privacy coin fear of missing out begins, I suggest everyone to pick up pivx.
     
  10. tallanvor

    tallanvor Member

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  11. The Real Shady

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    Good call so far.
     
  12. moestavern19

    moestavern19 Member

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    BitCoin diving a bit.
     
  13. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Anything McAfee shills tends to scare me. A few years ago people thought he had completely lost his mind. lol.
     
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  14. oelman44

    oelman44 Member

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    Per Tizzle's recommendations, did some research on ADA and came away with the idea that it's similar to Etherium, but with better technology/scaling/timing. Will be selling be trading at least half of my ETH for ADA, if not more. Also seems like IOTA may be a pretty good investment as well, has no transactional fees.

    BitCoin is the biggest name since it was the first, but for those holding for a "currency of the future", may want to get some invested in the best tech

     
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  15. oelman44

    oelman44 Member

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    Also noticed people's opinions on crypto's are one extreme or the other - it's a worthless bubble, or it's 100% the currency of the future. Why not some of both? Yes, it may be skyrocketing in value off of hype more than practicability right now, but that doesn't mean you still can't make a nice chunk of profit from it? Don't get the people that won't even sniff the idea of ever investing a penny into crypto's.
     
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  16. Commodore

    Commodore Member

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  17. rezdawg

    rezdawg Member

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    There is definitely a bubble that will burst... But there will still be a good handful of cryptos that "make it". Many of them have different purposes, so there is room for a decent number to survive and be long lasting. That's where the importance of diversification comes into play. All of us with money in crypto, following it daily, etc... Are probably much better off in a decade compared to the average dude that doesn't care for it. We are ahead of the game, relatively speaking...and for that, I'm happy.
     
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  18. DudeWah

    DudeWah Member

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    Vertcoin finally moving. Stratis too.
     
  19. rezdawg

    rezdawg Member

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    ETH really bores me....Im thinking of selling what I have and getting ADA with that money. I hate getting rid of crypto, but dont think the future of ETH excites me much compared to others.
     
  20. moestavern19

    moestavern19 Member

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    True. Yet it has gone from $40 to $700 in 9 months riding the cryptomania wave. Have to wonder how long that lasts when CB starts to list more and more.
     
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