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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

    35.4%
  2. Passing Fad

    64.6%
  1. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    I like it except I feel like their will be judgment and conflict lmao.
     
  2. Commodore

    Commodore Contributing Member

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    Uncoupled from a proof-of-work consensus mechanism (and the hashing power that goes along with it), blockchain is just a crappy, inefficient database.
     
  3. Space Ghost

    Space Ghost Contributing Member

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    I am not sure if you understand crypto. Bitcoin will not survive if it does not evolve. The only thing special about Bitcoin is first to market. Its a flawed protocol which 'alts' are trying to improve on the initial concept. Bitcoins biggest problem is the massive amount of power required to maintain the network.
     
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  4. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    You are entitled to that view. I’m not saying that you aren’t a smart person, you very well may be very smart but I think you may be too arrogant on that assertion.

    An overwhelming amount of brilliant people in the world seem to think blockchain was a major innovation.

    I’m not an expert by any means but I think you have over simplified what blockchain technology does quite a bit.
     
  5. Fantasma Negro

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    ENG played with my emotions, bought that **** at 5.45 after a late tip to buy at 4. It jumped up to 6.35 and then immediately dropped to 5.30, so **** it I bought more. The **** jumped back to 6.07 now its playing between 5.27 and 5.50. I think I'm gonna buy more
     
  6. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    @ADA I love you :):):) LMAO
     
  7. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    Hey yall remember when @SirIvyLeague said cardano was an explosion waiting to happen?

    our boy was right lmao.
     
  8. sammy

    sammy Contributing Member

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    ADA doubled for me. Ripple tripled. But I didn’t buy enough in hindsight.
     
  9. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    wish I would've put in more also but I put in a very good amount and hindsight is cancer in this game. can't get too greedy :)

    just keep hitting singles. If we go for the homerun too much then we will strike out.

    I'm happy with my gains. ADA doubled my investment too. I got in at 48 cents. I hold more ADA than any other coin because I believe that the team is brilliant after watching the documentary. Still holding by the way, I think this is a long term hold.
     
  10. CCity Zero

    CCity Zero Member

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    Yeah, this is kind of what I was mentioning, the power use is insane.
     
  11. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    Cardano met resistance at 1 dollar :eek:

    lots of people usually like to sell off at dem round numbers.

    Im holding for at least another year. Seems to be a long hold type coin because they are still a work in progress.

    We shall see
     
  12. CCity Zero

    CCity Zero Member

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    Damn nice on ADA, I was in it for a bit at 70 but went hard on xlm/trx... If I could have had a shot at 48... Hahah def would have stayed. You think long-term could be really good?
     
  13. CCity Zero

    CCity Zero Member

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    Gotcha didn't see this before my reply, I'm going to do similar on trx/xlm hold a long time, hopefully pays off...
     
  14. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    Dude nice. You chose perfect ones to get in on for today.

    Trx and xlm went hard. Im not in trx (although I liked the idea, just cant buy too many coins)

    I have a modest amount in Xlm and it has been on a blistering pace. I do believe in that coin and they already have established partnerships.

    Ada hit a dollar then dropped. Its def still a good hold but idk how good it is to buy in for a minute.

    The coin itself is very much still a work in progress but I think that is has tons of potential though.
     
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  15. CCity Zero

    CCity Zero Member

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    Yeah, I know what you mean... But like Mathrocker said can't get too greedy. Haha I tried to build on my shares before mini dip (only risked 400).. Didn't work out well thankfully got 8 more doing it but it could have been bad, hahha, I'm glad I didn't do what I heard others doing risking insane stack and then coming back in at 1/2 that... Just not worth it.
     
  16. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    Always hold bro! Thats my motto. As long as you dont invest more than you can afford than the risk/reward profile is worth it IMO.

    You never know when one of these coins will moon.
     
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  17. CCity Zero

    CCity Zero Member

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    Nice man! Yeah if there is a small correction I might try to get in, but if not I hope it makes you a ton down the road. I was following it today really nice day overall.
     
  18. CCity Zero

    CCity Zero Member

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    You're absolutely right, man. These coins are insane.
     
  19. Yung-T

    Yung-T Member

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    The whole crypto space knew at this point. :p
    I've been telling people to get in since 0.02, hope a lot took my advice. Love this project so much and excited for the future. If their product launch is a success, this could completely destroy ETH etc.
     
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  20. CCity Zero

    CCity Zero Member

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    Yeah, I wish I got in on ADA... But by time I was finally listening it was up.. So xlm/trx are looking decent for me (and few others we discussed) but. Still trying to find another coin as a backup, have you ever tried any of the ICOs? Thanks again for all your help!

    Hoping you're killing it, 2018 is looking up :)
     

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