Thread: RIP Bitcoin

Earl stop being so evangelical.

People interested will research

And maybe you should look up the specifics of asic resistance

So, bitcoin is inviolablely protected against government, eh?

Bulgarian police have seized enough Bitcoins to pay off a fifth of the country's national debt after the value surged by 600% in half a year.
Officers are said to have confiscated hundreds of thousands of units of the virtual currency worth $500million from an organised crime gang in May, reported Daily Mail.
But the surging value of Bitcoin means that the haul of 213,519 is now worth a staggering $3.3billion.

Bulgaria has enough Bitcoin to pay off fifth of country's debt - NZ Herald

^ this is where the next evolution of online interaction will happen

People need to be renting a vps which would host mirrored encrypted storage. VPN. Tor bridge etc to which their smartphone connects.

Though protecting against rubber hose cryptographic attacks will always be a problem

Originally Posted by Maanaam

So, 0.1 BTC @ $1500 (circa, currently) is not ridiculous?

Did you read the thread or just the last page? I absolutely think its ridiculous. I was merely commenting on the concept of being able to buy fractals as being a cool feature for small investors

Originally Posted by jabir

Berkshire Hathaway: $294,385.34

In fairness, their b class stock can be had for a hair under $200 a share and it tracks the same price movements

Originally Posted by Headworx

Sold all holdings at a profit earlier this morning.

Haven't transferred the money back into my Thai bank account yet though, will watch it keenly and jump back in if/when the time seems right.

Sounds like you banked a tidy profit, congrats! I heard a quote somewhere the other week regarding investments that went something like, "one thing I never regretted was selling too early, its the late sells that will create sleepless nights."

Originally Posted by baldrick

^ this is where the next evolution of online interaction will happen

Originally Posted by baldrick

People need to be renting a vps which would host mirrored encrypted storage. VPN. Tor bridge etc to which their smartphone connects.

Though protecting against rubber hose cryptographic attacks will always be a problem

The futures market may help to address some of the security concerns since you won't need to own the coins themselves...of course some will consider the entire idea of not having "possession" of the actual BTC to be a form of blasphemy.

Yeah that's a whole different issue. Not sure how anyone can justify leaving their coins in the hands of an exchange after all the hacking of late...

Originally Posted by Luigi

Topping up to 1m baht this month and leaving it at that.

Will pull at either 10 mil or 650k. Whichever comes first.


Come on Bitty-Baby, Lulu wants a little beachside holiday condo.

Buying this in Dec. '18 I reckon.

Originally Posted by jabir

In fact, this might be what btc needs to really take off.

don't be silly, there is no underlying asset in that thing, a fucking crypto is not an asset, no asset, no fundamental value

it's vaporware, a tech hype, like announcing a new 3.0 software that does nothing more than 1.0 except cosmetic changes

Originally Posted by baldrick

^ this is where the next evolution of online interaction will happen

People need to be renting a vps which would host mirrored encrypted storage. VPN. Tor bridge etc to which their smartphone connects.

Though protecting against rubber hose cryptographic attacks will always be a problem

you really have no fucking clue, what a complete IT clown you make

you should get a job with Harry, at least you would get paid better and in a real currency, you silly crypto poseur

I will refer to one of my first comments on this thread where I said the Aussies are lapping this up.

Originally Posted by Dragonfly

don't be silly, there is no underlying asset in that thing, a fucking crypto is not an asset, no asset, no fundamental value

it's vaporware, a tech hype, like announcing a new 3.0 software that does nothing more than 1.0 except cosmetic changes

640k RAM ought to be enough for anyone.

13,700

13700 has the crash started? Was over 17k wasn't it?

Ask butterfly

I am waiting for him to advise me as to what type of rubber band should be fitted to a server

Theres a few reckless gamblers on here who havent got a clue whats fukkin going on.

Can one of you raving fuckin loonies give me odds on a Luigi pre Xmas balcony jump?

Bitcoin always pulls back before it goes to the moon again. That's the game of the few who control this "asset".

For those who are constantly refreshing the exchange site theres no need.

Just look for last poster on this thread. If you dont see Luigi's name for half hour youre in the shit

I reckon its a huge fuckin ponzy scheme thats gonna be cleaned out for all those at the top, for their Xmas holidays. I domt wanna spook anyone but the Maldives is full if you look.

Of course it's a ponzi scheme and anyone who didn't take all or at least some of their money off the table at the recent highs only have themselves to blame when the inevitable happens. It's just greed fueling this certainly not based on fundamentals.

Originally Posted by baldrick

Ask butterfly

I am waiting for him to advise me as to what type of rubber band should be fitted to a server

explain to us again how a $30 monthly colo and that ASIC chip is going to make you rich, you frigging chav

Originally Posted by jabir

640k RAM ought to be enough for anyone.

and it was for decades for those DOS users, you silly Gold fool

Originally Posted by Dragonfly

don't be silly, there is no underlying asset in that thing, a fucking crypto is not an asset, no asset, no fundamental value

it's vaporware, a tech hype, like announcing a new 3.0 software that does nothing more than 1.0 except cosmetic changes

He's not being silly. Recognition and regulation will pull in more punters, and thus fuel another spike, which is exactly what this pyramid needs: more new blood coming in.
It's a scam bigger than Ponzi ever imagined.

Originally Posted by buriramboy

13700 has the crash started? Was over 17k wasn't it?

Think it was over $19k 2 days ago.

Been around $14k all day after steadying out.

Originally Posted by Maanaam

He's not being silly. Recognition and regulation will pull in more punters, and thus fuel another spike, which is exactly what this pyramid needs: more new blood coming in.
It's a scam bigger than Ponzi ever imagined.

yes it's silly, once regulators realize this is an official scam, they will pull off the plug

Originally Posted by Dillinger

Theres a few reckless gamblers on here who havent got a clue whats fukkin going on.

Transfer in some money to a dodgy website along with scans of your ID's.
Lose it or make more back, that you might possibly be able to withdraw.

What's to understand?



I'm giving me money in it 12-24k months, unless it crashes down to around 600-700k baht in which case I'll pull it. Will pull it at 10m baht if it goes 10 fold and buy a holiday condo along the beach with it. Will be that or a blanket on Tezza's balcony for Lulu.