Thread: RIP Bitcoin

binance hacked - or upgrading - so no access - I was about to make some big plays too...

Originally Posted by Dragonfly

gee, BTC above 7,500

not much change in the overall picture, though (3 month chart):

KIN coin going through the roof this morning. Binance can't handle all the traffic.

Wolf of Wall Street FUD:

Originally Posted by jabir

You still haven't figured it out, eh? More good news, regulation!

I take it you didn't understand what the article was saying, and what it means in regulatory terms

Originally Posted by Plan B

Going full on ban will drive it underground so I think they'll be treading lightly for the short term.

underground is fine, as long as the general public is not exposed to that trash

if you want to play monopoly with monopoly currencies, no problem,

at the end, it's all a silly game with silly rules for geeks

^&^^

He's wrong about most of it. Government cannot regulate Bitcoin, exchanges can be regulated.
What he fails to recognize is the peer to peer transaction aspects. This won't stop.

People don't want government to control and evaluate currency.

Originally Posted by Mr Earl

^&^^

He's wrong about most of it. Government cannot regulate Bitcoin, exchanges can be regulated.
What he fails to recognize is the peer to peer transaction aspects. This won't stop.

People don't want government to control and evaluate currency.

earl, ive never seen the facility to trade peer to peer... if so who and where.cheers.

It is all around the world!

https://localbitcoins.com/?ch=3wj8

unless you start seeing small trade shops in the street handling cash transactions for Bitcoins only, it's not going to be more than a game for hardcore anarchists

Originally Posted by Dragonfly

underground is fine, as long as the general public is not exposed to that trash

if you want to play monopoly with monopoly currencies, no problem,

at the end, it's all a silly game with silly rules for geeks

Just as well you weren't around when they invented money, could never work.

Originally Posted by Dragonfly

unless you start seeing small trade shops in the street handling cash transactions for Bitcoins only, it's not going to be more than a game for hardcore anarchists

Yeah, just like they take bank cards, personal checks and Wechat.

Originally Posted by jabir

Just as well you weren't around when they invented money, could never work.

god, that takes the lead in the absurd world you live in

thank god we didn't discover Gold when crypto was created

Originally Posted by Dragonfly

unless you start seeing small trade shops in the street handling cash transactions for Bitcoins only, it's not going to be more than a game for hardcore anarchists

The world fiat financial system is not going to change overnight, but it is changing.
Bitcoin is not going away.
As Bitcoin survives each new attack, it gets stronger and evolves.

What many fail to recognize is that Bitcoin is the internet of money. Many other crypto-currencies are piggy-backed along for the ride.


2018 will be a landmark year for Bitcoin as it gets some serious recognition.

Bitcoin is trust-less, meaning it doesn't require any belief or trust to exist. This is a game changer, and is why it won't go away.

thanks earl.

FUDLING

Originally Posted by Mr Earl

Bitcoin is trust-less,

indeed, the reason why it's doomed from the start

the foundation of money is based on trust, Gold or Silver can achieve that with its "intrinsic" value

Crypto ? a bunch of geeks who make up the rule as they go along

Originally Posted by Dragonfly

indeed, the reason why it's doomed from the start

the foundation of money is based on trust, Gold or Silver can achieve that with its "intrinsic" value

This is where you're completely wrong.

The highly secure virtually un-hackable cryptography, located on a globally distributed ledger, means trust is no longer necessary.
The entire network is inherently honest and accountable.
Like I already said many times. Bitcoin is an entirely new phenomena for humanity. It will force government and banks around the world to become honest.

Anyone interested, the ICX rebound should be a monster!

Now 139 bt...

No more noodles, dogfood!

Originally Posted by Dragonfly

it's all a silly game

Similar to futures trading

Who was holding E Coin last night?

gonna be interesting when (if ) binance come back online.

it will never come back online