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Thread: RIP Bitcoin

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  1. #1
    Thailand Expat YourDaddy's Avatar
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    Quote Originally Posted by Mr Earl View Post
    Now I gotta figure out a TenX wallet
    That's the problem. Who can be arsed with this shit. One of the reasons gold never went mainstream.

  2. #2
    I am in Jail
    Mr Earl's Avatar
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    Quote Originally Posted by YourDaddy View Post
    That's the problem. Who can be arsed with this shit. One of the reasons gold never went mainstream.
    Turns out my hardwallet can be configured for an etherium based coin, and some good android ones too, easy peasy!

  3. #3
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    see, the governments can send KGB or MI6 or CIA or NSA to steal all your precious bitcoins, even in your precious wallets and make them "void" by shutting down all exchanges for cash

    so much secure and independent

    QED

  4. #4
    Excommunicated baldrick's Avatar
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    Quote Originally Posted by Dragonfly View Post
    even in your precious wallets and make them "void" by shutting down all exchanges for cash
    you are one shouty bullsh1t artist - and you think people believe you make 6 figures a month .....bwahahahahahahahahahahaha - were you talking euros or usdollars , you space cadet

    every single statement of yours on this thread has just highlighted that you have not the slighest clue as to what is happening here - knowing from elsewhere how flakey your comphrehension and logical skills are , your continued posting in this thread will be for reasons that are likely similar to your reasons for posting in other threads - delusional ideas about how you are percieved on this forum

  5. #5
    Thailand Expat terry57's Avatar
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    Bitcoin has just gone mad today.

    I hope for you guys its keeps powering on, myself would be taking some profit at this stage.

  6. #6
    R.I.P. Luigi's Avatar
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    Quote Originally Posted by terry57 View Post
    Bitcoin has just gone mad today.

    I hope for you guys its keeps powering on, myself would be taking some profit at this stage.
    Funny you say that.

    Ol' matey that got in 2 days after me and immediately went into a dip.... ..... has kinda shat the gear and just said he's pulling his initial investment (180k baht) once it doubles.

    Has around 500k baht in his safe and was too nervous to chuck it all in. The missus let him put 180k in.


    Anyway, I'm going balls in. In the process of putting 1m baht in and sticking it in a cold wallet. Will plug it in and pull it out at either 10 mill baht or 700k. Whichever comes first.



    Come on Bitty-Baby.

  7. #7
    Thailand Expat terry57's Avatar
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    ^ ^

    You Go Lu-Lu.

    If ya lose it all ya can always get another Tefling job eh.

    Or sell ya arsehole. Whatever.

  8. #8
    Thailand Expat terry57's Avatar
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    ^^

    One would have to be one brave fuker to jump in the game now eh Arry.

  9. #9
    R.I.P. Luigi's Avatar
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    Quote Originally Posted by terry57 View Post
    ^^

    One would have to be one brave fuker to jump in the game now eh Arry.
    Great time to buy.

    Ol' matey's shit himself and is pulling out at 12.5k baht.

    Only got in at 11k or so last week. I told him to too. Worrying about every dip n slip.


    If you can't handle 50% loss, you can't handle 500% returns.

  10. #10
    Thailand Expat harrybarracuda's Avatar
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    It seems Bitcoin is unsustainable.

    https://digiconomist.net/bitcoin-energy-consumption

  11. #11
    Thailand Expat terry57's Avatar
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    Id have a lot more faith in Bitcoin if it was rising sensibly but this thru the stratosphere shite is gonna end in tears for quite a few punters.

  12. #12
    Thailand Expat raycarey's Avatar
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    for those of you who are already in, consider the information below carefully:

    The CBOE will begin issuing Bitcoin futures contracts on Dec. 10 that will let sophisticated investors bet against the asset more easily than ever before. This new instrument, along with similar upcoming offerings from the CME and others, could pave the way for a serious bitcoin correction.


    • Before now, the only way to short bitcoin was through Grayscale Investment's Bitcoin Investment Trust, which Dusaniwsky called "extraordinarily expensive" and hard to trade because of the limited number of shares.

    Trading futures will be different because traders won't have to ever own actual bitcoin, which are by design very limited in supply. These contracts will allow more people than ever before to cheaply and to easily buy and in particular, sell large quantities of bitcoin





    https://www.axios.com/wall-street-ca...515725873.html

  13. #13
    R.I.P. Luigi's Avatar
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    Is that good or bad?

  14. #14
    Thailand Expat raycarey's Avatar
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    Quote Originally Posted by Luigi View Post
    Is that good or bad?
    focus on this part...

    Quote Originally Posted by raycarey View Post
    Dec. 10 that will let sophisticated investors bet against the asset more easily than ever before
    IOW, starting on sunday there are going to be some very smart people with deep pockets on the other side of the bitcoin trade.....and anything that has gone up 1500% is low hanging fruit for these guys.

    foretold is forewarned.

  15. #15
    R.I.P. Luigi's Avatar
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    Fuck.

  16. #16
    R.I.P. Luigi's Avatar
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    Anyone fancy 2 BTC, 800k baht and a blowjob off butterfly.

  17. #17
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    Hang tough, Bitcoin has already survived some big attacks.

    Maybe these fuck commodities brokers will have a go but they will fail, because they too will underestimate the network effect of the most powerful global distributed network the planet has ever seen.

    When the price drops is when small-fry like myself are buying it up.

  18. #18
    R.I.P. Luigi's Avatar
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    I'm only joking.

    Will look again the end of 2018.

  19. #19
    Thailand Expat terry57's Avatar
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    ^

    That's the way Lu-Lu,

    Just let it be till the end of 18 and reacess.

    The next 12 months will see it settle.

    Just treat it like going to the Casino eh, Ya aint got ya whole life tied up in it.

  20. #20
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    Quote Originally Posted by baldrick View Post
    you are one shouty bullsh1t artist - and you think people believe you make 6 figures a month .....bwahahahahahahahahahahaha - were you talking euros or usdollars , you space cadet
    it's all in Zimbabwe dollars of course

    listen plumber chav, you think you got it big by making 10,000 USD in 2 months, most Hedge Funds do that in less than 5 min

    Quote Originally Posted by baldrick View Post
    every single statement of yours on this thread has just highlighted that you have not the slighest clue as to what is happening here - knowing from elsewhere how flakey your comphrehension and logical skills are , your continued posting in this thread will be for reasons that are likely similar to your reasons for posting in other threads - delusional ideas about how you are percieved on this forum
    touchy aren't you

    listen, it's obvious you are completely delusional with that thing, and it's completely over your head. Not only you can't solve quadratic algebra but you have no fucking clue about the whole logic behind the whole crypto thing. The whole idea is to make it "myths" and "obscure" so idiot fookers like you can fall for it

  21. #21
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    ok this is is just in, some rumors that it's a AI thing doing the drive up of the prices, and that the original designer has a backdoor to those algos and playing it for fame and money,

    I know a lot of about backdoors, so that wouldn't surprise me at all

    could explain why Baldrick is so in love with Bitcoins

  22. #22
    Excommunicated baldrick's Avatar
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    Quote Originally Posted by Dragonfly View Post
    could explain why Baldrick is so in love with Bitcoins
    yes - I just bought 1000 BTC on your recommendation - I will be sending them to pattaya piles shortly - contact him for your commission

  23. #23
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    Personally speaking I wouldn't be buying at these levels or anywhere near them unless just looking for a quick in and out as this is going to crash hard anytime soon now. I can see it losing 50% in 24h as when the selling starts in will turn into panic selling and a bloodbath.

  24. #24
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    Quote Originally Posted by buriramboy View Post
    I can see it losing 50% in 24h
    what do you mean 24h ? more like 10 min

  25. #25
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    Quote Originally Posted by Luigi View Post
    Ol' matey that got in 2 days after me and immediately went into a dip.... ..... has kinda shat the gear and just said he's pulling his initial investment (180k baht) once it doubles.
    Funny how doubling his money is a "compromise" to him.

    Sounds like he's totally surprised that money isn't (always) free. These people keep piling in and let's see what happens.


    Quote Originally Posted by terry57 View Post
    One would have to be one brave fuker to jump in the game now eh Arry.
    It certainly defies the concept of buy low sell high doesn't it? I think people are trying to convince themselves that this is a low, but man why would that honestly be the case? Who even uses Bitcoin? Yeah, it'll change the world someday, blockchain, decentralized, blah blah. Ok got it. Who uses it? Who will use it tomorrow? Or next year?

    These prices aren't about Bitcoin. It is about dollars, and trying to make them. Bitcoin can't even possibly do what it claims until prices stabalize. Who would use a currency that buys double the stuff it did in the morning? Or half? Makes no sense, to me that's a problem with how its valued
    Last edited by redhaze; 09-12-2017 at 04:04 AM.

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