Thread: RIP Bitcoin

Originally Posted by Mr Earl

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.

Originally Posted by YourDaddy

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!

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

Is that good or bad?

Originally Posted by terry57

^^

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.

Originally Posted by Luigi

Is that good or bad?

focus on this part...

Originally Posted by raycarey

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.

Fuck.

Anyone fancy 2 BTC, 800k baht and a blowjob off butterfly.

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.

I'm only joking.

Will look again the end of 2018.

^

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.

Originally Posted by baldrick

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

Originally Posted by baldrick

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

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

Originally Posted by Dragonfly

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

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.

Originally Posted by buriramboy

I can see it losing 50% in 24h

what do you mean 24h ? more like 10 min

Just waiting for a major crash before I buy some Bitcoin for pennies...

Originally Posted by redhaze

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

That's exactly what I was thinking but wasn't able to articulate.

I saw an old report that one of the luxury car manufacturers (Lamborghini I think) had started accepting Bitcoin. There's no way one of the buyer or seller in that deal doesn't end up kicking themselves. And until John J. Smith is using Bitcoin to buy the family Toyota what the fuck good is it.

^ Maybe you just like to wallow in your own ignorance...

https://99bitcoins.com/who-accepts-b...take-bitcoins/

That list you posted just proves the point, Earl.

^^Yes but Ant is right. I doubt too many people would use Bitcoin to buy anything right now and then not hate or love the decision to have done so the next day when the price of a coin has fluctuated wildly. If the price was rock-steady or only fluctuated by a very small percentage typically, fair enough. But to use it now to buy a Subway Sandwich or a car?. No thanks.

From what so many people are saying, the whole thing has gone completely off track to what its original purpose was. It's turned from being a cyber currency into a commodity.

Brazzers doesn't accept bitcoins, so fuck that.

On the bright side according to Earl’s list ‘Naughty America’ does.

Just be careful it could end up being a very expensive wank. Or a cheap one.

^ Bitcoin is clearly evolving, just like what we saw in the early days of the internet.

Spending options are evolving right now.

This TenX card is pretty interesting, as it will handle a multiple number of different cryptocoins

https://www.tenx.tech/paytoken.html