Why demand is so out of whack with supply will be a case study in B-school for the next generation.
I think the run on Bitcoin will be triggered by a hack, or something. Get the thought out there that this crytocurrency could be stolen or worse, faked out by its own block chain software, and its value will go poof.
Are there capital gains you have to pay, once you sell? Â
were trying to take it public or whatever the proper term is. While it's hitting a roadblock it appears that it is nearing that stage and probably a cause for the surge. They are billionaires because of it. However, Steam is no longer accepting it as payment because of its volatility which I could see it as taking a hit.
thats not life changing money. Some people specultae it could go to 100k, 500k, 1M by 2020. Hold onto it.
Please tell me why it might go to $1 mil? It's a unit of exchange not backed by any government. It produces no value added product and provides no service other than as an exchange.
It's far too late to buy into. To me, it has all the signs of a pyramid scheme. That being said, like the previous poster said, if you have 1 or 2 bitcoin that you got before the price skyrocketed, than you might as well ride this thing out and see just how much money you can get out of it.
sell it at 20k... this shit is gonna drop real fast Â
were trying to take it public or whatever the proper term is. While it's hitting a roadblock it appears that it is nearing that stage and probably a cause for the surge. They are billionaires because of it. However, Steam is no longer accepting it as payment because of its volatility which I could see it as taking a hit.
What? How can you possibly take a digital currency public?
The crash, I think, is inevitable. Who even accepts bitcoins right now?
It should not ever be ignored. Cryptocurrency how no inherent value that one can assess as greater than or less than its stated value.
It is speculation, pure and simple. You think its going up? Fine. Buy it, but don't pretend you know anything about it that can point to its future value.
All Im saying is 18K, 20K thats a nice chunk, it is Â
But give yourself a shot at earning a lot more. Especially if you own just 1 bitcoin. It could crash, sure but 20k can't change your life or lifestyle. I'm going to hold just to see where it goes. Do your own research!
is that people "think" it gives them anonymity, when in actuality it's the opposite.
Once your identity is revealed (which is not too difficult to do and there are companies actively revealing identities for their clients), literally every transaction made with the currency is exposed for anyone on the internet to see through Bitcoin's public ledger.
I'm a math guy, not a Bitcoin expert, so my interest has been in how the math works with the system. I think people don't realize that once their identity is revealed every "hidden" transaction becomes exposed worldwide.
I think the risk here is that someone soon writes an article exposing this privacy risk and the currency gets dumped.
RE: All Im saying is 18K, 20K thats a nice chunk, it is Â
But give yourself a shot at earning a lot more. Especially if you own just 1 bitcoin. It could crash, sure but 20k can't change your life or lifestyle. I'm going to hold just to see where it goes. Do your own research!
What research? There’s no research you can do to justify owning it. Ride the wave of the craze if you like, but it’s just outright gambling. If you would lay down $20K on the Giants, then Bitcoin is for you.
is that people "think" it gives them anonymity, when in actuality it's the opposite.
Once your identity is revealed (which is not too difficult to do and there are companies actively revealing identities for their clients), literally every transaction made with the currency is exposed for anyone on the internet to see through Bitcoin's public ledger.
I'm a math guy, not a Bitcoin expert, so my interest has been in how the math works with the system. I think people don't realize that once their identity is revealed every "hidden" transaction becomes exposed worldwide.
I think the risk here is that someone soon writes an article exposing this privacy risk and the currency gets dumped.
I have a pile of money just sitting in the bank and people keep telling me to buy bitcoins when I ask how should I invest. From the comments here, it seems a bit risky and I'm relatively conservative when it comes to money.
I have a pile of money just sitting in the bank and people keep telling me to buy bitcoins when I ask how should I invest. From the comments here, it seems a bit risky and I'm relatively conservative when it comes to money.
That ship sailed
However litecoin and xrp are still very cheap
However if you have extra money..
Consider buying 2-3 bitcoins and sitting on them, quick.
Download the coinbase app today to get started
You can literally buy $50 of bitcoin and invest with that Â
I bought $100 worth of Litecoin last night for the hell of it on the Coinbase app. I'll probably double it then see what happens. I could piss that away at the bar in one night. What the hell.
RE: RE: All Im saying is 18K, 20K thats a nice chunk, it is Â
But give yourself a shot at earning a lot more. Especially if you own just 1 bitcoin. It could crash, sure but 20k can't change your life or lifestyle. I'm going to hold just to see where it goes. Do your own research!
What research? There’s no research you can do to justify owning it. Ride the wave of the craze if you like, but it’s just outright gambling. If you would lay down $20K on the Giants, then Bitcoin is for you.
Not telling anyone to plunk down $20K now, my investment was much less. I got it much earlier and I'm willing to just see where it goes.
Why demand is so out of whack with supply will be a case study in B-school for the next generation.
I think the run on Bitcoin will be triggered by a hack, or something. Get the thought out there that this crytocurrency could be stolen or worse, faked out by its own block chain software, and its value will go poof.
I have no idea why it's happening so I'm not touching it.
I've never sold Bitcoin, only bought.
It's too unstable now.
I have plenty of wiggle room so I can wait until it settles a bit.
pigs get fed but hogs get slaughtered
Please tell me why it might go to $1 mil? It's a unit of exchange not backed by any government. It produces no value added product and provides no service other than as an exchange.
Get my base dollars out and then I can play with the gravy.
What? How can you possibly take a digital currency public?
The crash, I think, is inevitable. Who even accepts bitcoins right now?
Fortune - ( New Window )
Acceptance is expanding.
ARKW is a good one. top holdings are bitcoin, amazon, twitter, tesla, netflix, google....
you can take advantage of the runup with less risk, and its liquid so you can get out. if bitcoin goes sour it'll be impossible to sell.
Get my base dollars out and then I can play with the gravy.
I'd recommend this ^^^.
It is speculation, pure and simple. You think its going up? Fine. Buy it, but don't pretend you know anything about it that can point to its future value.
Once your identity is revealed (which is not too difficult to do and there are companies actively revealing identities for their clients), literally every transaction made with the currency is exposed for anyone on the internet to see through Bitcoin's public ledger.
I'm a math guy, not a Bitcoin expert, so my interest has been in how the math works with the system. I think people don't realize that once their identity is revealed every "hidden" transaction becomes exposed worldwide.
I think the risk here is that someone soon writes an article exposing this privacy risk and the currency gets dumped.
What research? There’s no research you can do to justify owning it. Ride the wave of the craze if you like, but it’s just outright gambling. If you would lay down $20K on the Giants, then Bitcoin is for you.
Acceptance is expanding.
A lot of merchants that accepted it have dropped.
More importantly: there is absolutely zero reason any consumer would want to use Bitcoin to make legitimate purchases.
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Microsoft and Tesla, to name two.
Acceptance is expanding.
A lot of merchants that accepted it have dropped.
More importantly: there is absolutely zero reason any consumer would want to use Bitcoin to make legitimate purchases.
It buys you more than the dollar
It buys you more than the dollar
WTF does that mean? I can buy anything with dollars. There are few things I can buy with Bitcoin without first converting them to dollars.
It buys you more than the dollar
And that changes by the minute.
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It buys you more than the dollar
WTF does that mean? I can buy anything with dollars. There are few things I can buy with Bitcoin without first converting them to dollars.
And if you invested properly you would have many many more dollars
Once your identity is revealed (which is not too difficult to do and there are companies actively revealing identities for their clients), literally every transaction made with the currency is exposed for anyone on the internet to see through Bitcoin's public ledger.
I'm a math guy, not a Bitcoin expert, so my interest has been in how the math works with the system. I think people don't realize that once their identity is revealed every "hidden" transaction becomes exposed worldwide.
I think the risk here is that someone soon writes an article exposing this privacy risk and the currency gets dumped.
Nomero is the new bitcoin
Says who? So was Enron.
Bitcoin... man I owned 700 bitcoins back in 2012 and used them all to buy drugs from china.
I'd be really wealthy if I kept them.. but knowing me I would have lost the coins via broken hardware or forgotten passwords
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Says who? So was Enron.
McCaffe says if it doesn't hit 1 million by 2020 he will eat his own dick on tv
5 k profit
That ship sailed
However litecoin and xrp are still very cheap
However if you have extra money..
Consider buying 2-3 bitcoins and sitting on them, quick.
Download the coinbase app today to get started
Quote:
But give yourself a shot at earning a lot more. Especially if you own just 1 bitcoin. It could crash, sure but 20k can't change your life or lifestyle. I'm going to hold just to see where it goes. Do your own research!
What research? There’s no research you can do to justify owning it. Ride the wave of the craze if you like, but it’s just outright gambling. If you would lay down $20K on the Giants, then Bitcoin is for you.
Not telling anyone to plunk down $20K now, my investment was much less. I got it much earlier and I'm willing to just see where it goes.
5 k profit
And if you bought at 10AM today you'd be down between 25-30%.
But it's time to sell a chunk of my Bitcoin.
We're back to $17,400.
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In comment 13729115 mattlawson said:
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Says who? So was Enron.
McCaffe says if it doesn't hit 1 million by 2020 he will eat his own dick on tv
Well all I can say to the man is "Chow down!"
Angry they didn't buy in when it was .30 cents- $1.00 I guess
I'm angry too lol, but still happy for those who gained wealth off it.