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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

    35.6%
  2. Passing Fad

    64.4%
  1. saitou

    saitou J Only Fan
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    shitcoins go down faster, but if crypto rallies i think they will go up faster as well.

    if you don't think there's another crypto rally this year, why buy any coin? just sit it out.
     
  2. Invisible Fan

    Invisible Fan Insider Newsletter™ 2X Diamond Member

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    Maybe I haven't done the math but I'm ok with slippage and taxes if there are opportunities to rebalance from BTC to alts. BTC seems to pop violently before everything else follows
     
  3. KingCheetah

    KingCheetah Contributing Member

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  4. LosPollosHermanos

    LosPollosHermanos Pay tucker
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    Seent it your too late

    @Commodore how you holding up? Down 200Gs over the last month
     
  5. Commodore

    Commodore Contributing Member

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    these diamond hands are just fine

    [​IMG]
     
    #5285 Commodore, Jun 22, 2021
    Last edited: Jun 23, 2021
    LosPollosHermanos and DonnyMost like this.
  6. Space Ghost

    Space Ghost Contributing Member

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    More accurate than TA

    [​IMG]
     
  7. DonnyMost

    DonnyMost clean your room bucko
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    All of these videos are so damn cringe.
     
    Space Ghost likes this.
  8. Space Ghost

    Space Ghost Contributing Member

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  9. KingCheetah

    KingCheetah Contributing Member

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  10. saitou

    saitou J Only Fan
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    Down almost $2k since his tweet...
     
    Space Ghost likes this.
  11. Commodore

    Commodore Contributing Member

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    buy and hold bitcoin to protect yourself against inflation



     
    #5292 Commodore, Jun 25, 2021
    Last edited: Jun 25, 2021
  12. saitou

    saitou J Only Fan
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    Good. Bitcoin is helping reduce inflation of other items by acting as a liquidity sponge. May actually be good for the rest of the economy.
     
    Ziggy likes this.
  13. Xerobull

    Xerobull Salve Dicit Mater Tua
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  14. Commodore

    Commodore Contributing Member

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    protect yourself from inflation and maniacs like Jerome Powell

    convert your wealth to bitcoin. Whatever share you can claim can never be diluted.

     
  15. Invisible Fan

    Invisible Fan Insider Newsletter™ 2X Diamond Member

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    There's some new developments on blockfi, where if you got coins locked up there, I'd do some research on whether to keep them there. Call it FUD, due diligence or whatever
     
  16. The Real Shady

    The Real Shady Contributing Member

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    Seems like regulators are just going after their interest accounts stating they have to register them as securities in order to pay interest. So I would think that the funds should be safe, and they will have to eventually stop paying interest until it gets sorted out. I have some there, but will see what happens.
     
  17. KingCheetah

    KingCheetah Contributing Member

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    TF is CoinFlip -- you can go buy bitcoin with cash at an ATM, but you can't withdraw money from these things?
     
  18. Commodore

    Commodore Contributing Member

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  19. Andre0087

    Andre0087 Member

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    Yea, ok.
     
    CCity Zero and LosPollosHermanos like this.

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