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

    35.0%
  2. Passing Fad

    65.0%
  1. Xenon

    Xenon Contributing Member

    Joined:
    May 28, 2002
    Messages:
    2,301
    Likes Received:
    618
    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:
    21,622
    Likes Received:
    6,257
    Since the start of this thread BTC is up 30x wish I put like 100k back then or at least 10k.
     
  3. Xerobull

    Xerobull You son of a b!tch! I'm in!

    Joined:
    Jun 18, 2003
    Messages:
    33,357
    Likes Received:
    30,909
    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 Contributing Member

    Joined:
    Jun 3, 2002
    Messages:
    56,144
    Likes Received:
    47,988
    Dogetown and Zcash Boys.
     
    Ubiquitin likes this.
  5. tallanvor

    tallanvor Contributing Member

    Joined:
    Oct 9, 2007
    Messages:
    17,032
    Likes Received:
    8,727
    'Finally over 30k'?

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

    KingCheetah Contributing Member

    Joined:
    Jun 3, 2002
    Messages:
    56,144
    Likes Received:
    47,988
    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:
    7,048
    [​IMG]
     
  8. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,162
    Likes Received:
    31,126
    Laggard. DogeCoin was up over 150% at one point today, I think. Legit.

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

    Mr. Brightside Contributing Member

    Joined:
    Mar 27, 2005
    Messages:
    18,950
    Likes Received:
    2,137
    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:
    36,768
    Likes Received:
    13,157
    Any of yall into fine art?

     
  11. KingCheetah

    KingCheetah Contributing Member

    Joined:
    Jun 3, 2002
    Messages:
    56,144
    Likes Received:
    47,988
    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:
    45,162
    Likes Received:
    31,126
    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:
    45,162
    Likes Received:
    31,126
    [​IMG]
     
    Ubiquitin likes this.
  14. tallanvor

    tallanvor Contributing Member

    Joined:
    Oct 9, 2007
    Messages:
    17,032
    Likes Received:
    8,727
    6 days to go from 30k to 40k
     
  15. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,162
    Likes Received:
    31,126
    lol. Saw this online :
    [​IMG]
     
    dmoneybangbang, Yung-T and Ziggy like this.
  16. Ziggy

    Ziggy QUEEN ANON

    Joined:
    Jun 11, 1999
    Messages:
    36,768
    Likes Received:
    13,157
    I feel like it'll consolidate under 40 for a while. Hope I'm WRONG though!
     
  17. Xerobull

    Xerobull You son of a b!tch! I'm in!

    Joined:
    Jun 18, 2003
    Messages:
    33,357
    Likes Received:
    30,909
    Come on, Siacoin
     
  18. TWS1986

    TWS1986 SPX '05, UH' 19

    Joined:
    May 11, 2020
    Messages:
    4,061
    Likes Received:
    4,240
    all about the ghetto kama sutra.
     
  19. Ziggy

    Ziggy QUEEN ANON

    Joined:
    Jun 11, 1999
    Messages:
    36,768
    Likes Received:
    13,157
  20. Ubiquitin

    Ubiquitin Contributing Member
    Supporting Member

    Joined:
    Jul 7, 2001
    Messages:
    17,427
    Likes Received:
    11,912
    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

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now