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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

    35.8%
  2. Passing Fad

    64.2%
  1. Yung-T

    Yung-T Member

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    The commodore comments in this thread have made it painfully obvious that he doesn't seem to follow the market and doesn't know what the alternatives can do.

    Also, even some of the biggest btc maximalists have stated that it is by its very own nature a terrible currency and will likely always only be a store of value plus some other features (smart contract platform for example) if side chains work.

    Without real regulation and safety bodies, cryptos will never be a viable currency on a worldwide-scale. The "uncensorable", "unregulated" etc buzzwords all sound nice at first, but you notice how shitty that approach is really quick.

    Want to transfer a large amount of crypto but accidentally sent to the wrong address or made a typo? Too bad, there's no regulatory institution to save you and the money is gone.
    Wallet hacked and lost funds? Too bad, no insurance and way to get it back.

    People like to **** on something like xrp because it is centralized and not a true crypto by definition, but that approach is the only good way to make a payment crypto work in the real world. People can **** on their governments and banks all they want, but as soon as they lose money because of mistakes or bad actors, they are the first to run to their bank and lawyer to help them get the funds back.

    We need centralized insitutions and regulations as a safety net, you have to be real about that and can't just drop buzzwords.
     
    dmoneybangbang and Major like this.
  2. jbasket

    jbasket Member

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    That's a 3x, you are aware, right? What in the world is going to spark that.
     
  3. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    24 hours until 1 dollar ADA now. Time to go all in :eek:
     
    DudeWah likes this.
  4. Amir's Johnson

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  5. Dr of Dunk

    Dr of Dunk Clutch Crew

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    ^^ Awesome -- Chinese Motor Works.
     
  6. el gnomo

    el gnomo Member

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    [​IMG]
     
  7. RocketsLegend

    RocketsLegend Member

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    Did you miss the 8 percent gain couple days ago?
     
  8. moestavern19

    moestavern19 Member

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    PUMPED AND DUMPED PAJEET IS WREKT
     
    el gnomo likes this.
  9. RocketsLegend

    RocketsLegend Member

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    You don't wait 3 days for a pump and dump
     
  10. el gnomo

    el gnomo Member

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    Breh it was 33 cents when you posted about it on 2/24, and it's 33 cents now. Pajeet confirmed wrekt.
     
  11. RocketsLegend

    RocketsLegend Member

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    you missed the gains brah
     
  12. Major

    Major Member

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    Most cryptos move up or down 8% in any given day. Those groups you pay for are scamming you out of money. Could be the same people that scammed you into doing election work for Russia.
     
    jbasket, Xenon, RedRedemption and 3 others like this.
  13. RocketsLegend

    RocketsLegend Member

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    You mean the way they tricked liberal god Michael Moore?

     
  14. RocketsLegend

    RocketsLegend Member

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    and btw you still have to do your own due diligence. None of the signals are guarantee
     
  15. LongTimeFan

    LongTimeFan Contributing Member

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    ^ why is this in here? I thought it was going to be a Bitcoin related burn. Keep the trash with the trailer parks in D&D.
     
    kevC, RedRedemption and el gnomo like this.
  16. Major

    Major Member

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    Yes, exactly. They were able to fool him, so think about just how easy it is for them to fool you? We know you are getting scammed by bitcoin newsletters. We know you were fooled into openly commiting mail fraud (and trying to get others to help you!) with Google addresses - possibly connected to the Russian election fraud. Even Michael Moore would be smart enough to avoid those things. It's pretty clear you're the perfect patsy for even more sophisticated Russian troll operations.
     
  17. RedRedemption

    RedRedemption Contributing Member

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  18. RocketsLegend

    RocketsLegend Member

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    Bitcoin newsletters? They were newsletters written by a reputable investing group and at the end of the day, they were very informative.

    The Google address is local SEO strategy. I can't go into details but it was very profitable for me at the time. No one was "scammed".
     
  19. Sajan

    Sajan Member

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  20. Space Ghost

    Space Ghost Contributing Member

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    Anyone else buying Tron in the dip?
     

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