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. Xenon

    Xenon Member

    Joined:
    May 28, 2002
    Messages:
    2,403
    Likes Received:
    754
    Holy crap. Bitcoin rises above 30k finally and just smashes right through to well over 32k. We are definitely in crazy town again with this stuff. Doge is up 80% today. LOL.
     
  2. Air Langhi

    Air Langhi Contributing Member

    Joined:
    Aug 26, 2000
    Messages:
    21,934
    Likes Received:
    6,684
    Since the start of this thread BTC is up 30x wish I put like 100k back then or at least 10k.
     
  3. Xerobull

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

    Joined:
    Jun 18, 2003
    Messages:
    36,756
    Likes Received:
    35,597
    Ive been aware of BTC since it was $60 a pop. Wish I would have bought then but $60 was more dear to me at that point.

    I have several BTC millionaire friends who are just hodling away. It’s sort of like sitting on the equity in your house- it’s not doing anything for you. I encouraged them to sell at 20k a couple years ago but they refused. Big gamble that paid off, I guess.

    I still think, long term, it’s a house of cards. FTC could outlaw it, quantum computing could (and eventually will) break the encryption.
     
  4. KingCheetah

    KingCheetah Atomic Playboy
    Supporting Member

    Joined:
    Jun 3, 2002
    Messages:
    59,079
    Likes Received:
    52,746
    Dogetown and Zcash Boys.
     
    Ubiquitin likes this.
  5. tallanvor

    tallanvor Member

    Joined:
    Oct 9, 2007
    Messages:
    18,642
    Likes Received:
    11,665
    'Finally over 30k'?

    It took 17 days to go from 20k to 30k
     
  6. KingCheetah

    KingCheetah Atomic Playboy
    Supporting Member

    Joined:
    Jun 3, 2002
    Messages:
    59,079
    Likes Received:
    52,746
    One percent of the world's electricity is now being used to mine bitcoin.
     
    Ubiquitin likes this.
  7. Yung-T

    Yung-T Member

    Joined:
    Apr 16, 2009
    Messages:
    24,403
    Likes Received:
    7,052
    [​IMG]
     
  8. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    46,608
    Likes Received:
    33,586
    Laggard. DogeCoin was up over 150% at one point today, I think. Legit.

    https://www.cbeci.org/
     
  9. Mr. Brightside

    Joined:
    Mar 27, 2005
    Messages:
    18,964
    Likes Received:
    2,147
    The fact that very few are mentioning BTC in the media or in real life makes me think this thing can run to 40-50K in a span of a few weeks. I would imagine some folks are using their stimulus as a lottery ticket fueling the move.
     
  10. Ziggy

    Ziggy QUEEN ANON

    Joined:
    Jun 11, 1999
    Messages:
    37,264
    Likes Received:
    13,730
    Any of yall into fine art?

     
  11. KingCheetah

    KingCheetah Atomic Playboy
    Supporting Member

    Joined:
    Jun 3, 2002
    Messages:
    59,079
    Likes Received:
    52,746
    Someone moved 1000 decade (or so) old coins worth 330 million on the 12 year anniversary -- apparently they had never been touched prior. I assume that means the keys just sat in a box after they were originally mined correct?
     
    Ubiquitin likes this.
  12. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    46,608
    Likes Received:
    33,586
    Lol. ETH momentarily lost its mind today. Wow.


    Well, they sat at the same address. Large chunks like this were moved last year, too.
     
    Ubiquitin and KingCheetah like this.
  13. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    46,608
    Likes Received:
    33,586
    [​IMG]
     
    Ubiquitin likes this.
  14. tallanvor

    tallanvor Member

    Joined:
    Oct 9, 2007
    Messages:
    18,642
    Likes Received:
    11,665
    6 days to go from 30k to 40k
     
  15. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    46,608
    Likes Received:
    33,586
    lol. Saw this online :
    [​IMG]
     
    dmoneybangbang, Yung-T and Ziggy like this.
  16. Ziggy

    Ziggy QUEEN ANON

    Joined:
    Jun 11, 1999
    Messages:
    37,264
    Likes Received:
    13,730
    I feel like it'll consolidate under 40 for a while. Hope I'm WRONG though!
     
  17. Xerobull

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

    Joined:
    Jun 18, 2003
    Messages:
    36,756
    Likes Received:
    35,597
    Come on, Siacoin
     
  18. TWS1986

    TWS1986 SPX '05, UH' 19

    Joined:
    May 11, 2020
    Messages:
    4,061
    Likes Received:
    4,242
    all about the ghetto kama sutra.
     
  19. Ziggy

    Ziggy QUEEN ANON

    Joined:
    Jun 11, 1999
    Messages:
    37,264
    Likes Received:
    13,730
  20. Ubiquitin

    Ubiquitin Member
    Supporting Member

    Joined:
    Jul 7, 2001
    Messages:
    19,179
    Likes Received:
    14,199
    I would be impressed for the people who bought and held since 2008 when you could buy a pizza for a few bit coins.
     

Share This Page