ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
23 February 2018, 02:38 PM | #481 | |
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That’s almost impossible to do with cash. You’d have to record serial numbers of each bill spent each time. Nearly impossible. But the bitcoin transactions are complete, permanent and fully public. Anyone can search them. |
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23 February 2018, 09:38 PM | #482 | |
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Cryptocurrency, who has it?
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People who truly wish to hide their transactions from the public and ensure anonymity will use bitcoin tumbling/mixing. Not hard Sent from my iPhone using Tapatalk |
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24 February 2018, 01:40 AM | #483 |
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Or Monero, Dash, or one of the other privacy coins in the article or possibly one of many not included in the article.
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13 March 2018, 04:13 AM | #484 |
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I started buying crypto only two years ago, mostly Litecoin. But I recently found an interesting article about how to buy coins on bittrex, now it seems to be easier than I thought. BTC still remains on top and I think it could be a good opportunity for investing too.
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17 March 2018, 02:14 AM | #485 |
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I’ve been surprised at the lack of posts in this thread over the last few weeks. Market drop shake anyone out? I remain long-term bullish on a few coins and tokens, but way too much junk took way too much money from people in a very short time frame.
It will take awhile to recover but I suspect bitcoin and Ethereum will lead the way back up. Meanwhile for the few here that are interested, we’re trying to grow our site forum use a little faster now that tech issues have been addressed. Be wary of hardware wallets from third party sources due to the recent hacks discussed in that article. OTOH, we’re cool. :) |
18 March 2018, 07:40 AM | #486 | |
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Apologies if it violated an advertising rule. Wasn’t my intent. Thanks. Meanwhile, bitcoin continues to slide. I blame scam ICO’s and outright pure scams for setting off regulation talk. It is sorely needed at this point though. Is anyone buying at these levels? Tax season has me sitting on the sidelines until at least May. |
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18 March 2018, 01:43 PM | #487 |
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I for one am happy I went with my research and gut vs. FOMO.
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18 March 2018, 01:58 PM | #488 |
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I don’t see how something that has absolutely no residual or breakup value can continue to be invested in and people not to consider it speculation. This isn’t investing.
There is a lack of credible information and the people that hold these things are like boats in the water when the tsunami hits (as those who bought in late dec / early Jan). |
18 March 2018, 11:04 PM | #489 |
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I've always connected with something Warren Buffett advised years ago; If you can't completely understand the product or service, don't invest in it. He used his investment in Gillette as an example,{paraphrasing}: "I can hold my shaving razor in my hand, I need it nearly everyday, it works like its designed to work." I've used this consideration every time I buy a stock or invest. It has served me well.
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18 March 2018, 11:13 PM | #490 |
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I've got a buddy here that he and his wife went in hard recently in cryptos. Like bought during the frenzy when Bitcoin was peaking. He tried to talk me into it. Honestly he couldn't explain it and what he did made no sense to me. I fortunately passed.
He is getting his a#$ handed to him now and it is hard to watch. He is so deep in that he can't really pull out and is trying to pump himself up that it is all going to bounce back. He is even putting in more to different new "currencies" to hope that he gets in on the ground on a new "Bitcoin." Painful to watch. I've discouraged him but he is so deep in it is a touchy subject. Hard for me to say, "Dude, it is a Ponzi scheme and you are getting $*&%ed." Angers me the scammers who are making these new currencies, pumping and dumping them while guys like my friend who is a hard working man and a great husband and father get hosed. Ponzi scheme. There I said it. |
18 March 2018, 11:27 PM | #491 | |
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If you wind it, they will run. 25 or 6 to 4. |
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18 March 2018, 11:41 PM | #492 |
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I am not sure about that. He has paid off his house and banked his daughter's college tuition already. Smart. That is safe and sound. He put into cryptos during the hype to shave off some years of having to work. With these losses he might not be fishing full time as fast as he planned.
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19 March 2018, 12:05 AM | #493 | |
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if you are gambling there are better options than jamming money into a parabolic chart. learning lesson perhaps.
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19 March 2018, 02:57 AM | #494 | ||
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Having said all of that, anyone interested shouldn’t throw out the baby with the bath water. There are some hard-working tech products out there built on their own blockchains with the associated crypto inseparable from their network product. Some of those will go on to major success. But too many people threw away way too much money at the BS projects that will never be. I’m in favor of regulation to protect investors from their own ignorance, but a lot of the crypto world hates the idea. |
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19 March 2018, 03:06 AM | #495 |
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it's easy to be right when the market is down.. i was up quite a but and am down a bit now but it's only money that is speculative anyways.
also, this volatility it nothing new at all. i havent been in as long as some other people but i have no issues waiting for the next bull-run... probably wont even sell then. |
19 March 2018, 03:14 AM | #496 | |
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19 March 2018, 03:45 AM | #497 |
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a lot of people confuse "greater fool" theory with ponzie schemes.
crypto is neither and G your friend sounds like he knows what he is doing.. we cant all get in on the bottom floor and weak hands are a traders Achilles heel. as posted above though 95% of crypto is quite laughably garbage for those that can sift through and decipher what is actually going on. a very good way to spend the next 25 minutes for any of the uninitiated: https://www.dailymotion.com/video/x6g5s4z |
19 March 2018, 10:39 AM | #498 | |
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From this article which waxes a little philosophical about bitcoin/ https://www.coindesk.com/programming...e-see-bitcoin/ Just adding info, not quoting you in disagreement. Thought I’d clarify. |
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20 March 2018, 09:35 PM | #499 | |
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Great read. Very insightful. |
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20 March 2018, 11:56 PM | #500 | |
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Thanks for sharing. I agree that it does get a bit poetic at the end...like almost any Kool-Aid drinking exercise does. It confirms the reasons Warren Buffet eschews crypto currency. Fear of the unknown. I think when any new approach is as commonplace to future generations as we currently use a $ bill, or £ note, or €, ¥, ₽ - then it will surely be replaced some other model for exchanging value for goods and services. You’ll know BC has gone mainstream when some future iOS update adds this: To this: Sent from my iPhone using Tapatalk
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22 April 2018, 01:09 PM | #501 |
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Don’t close the door on crypto just yet. It’s making a comeback. Bitcoin is still up 8k from year ago this time. Monero was only at 30 bucks this time last year too. My favorite new coin this year is Masari coin. Their are just so many of them now though it’s crazy. I’m still Waiting for Rolex coin to come out lol.
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22 April 2018, 02:53 PM | #502 |
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Bitcoin and crypto currencies are here to stay. It’s still an unregulated market so you will run into a lot scammers. Just be extra careful before you invest. But do your own research and understand the underlying blockchain technology before you dismiss it completely. It has great potential in industries such as banking, logistics, identity, etc. I see more and more legitimate businesses starting to accept Bitcoin. Our very own David and Tony now accept it as payment. So if you want to buy your new Rolex with bitcoins, you can certainly do that.
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22 April 2018, 11:23 PM | #503 |
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But there is too much
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22 April 2018, 11:42 PM | #504 |
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If BC and the others are currency, then we shouldn’t need to understand blockchain any deeper than we understand the Federal Reserve and/or the IMF to use a credit card or cash.
If it’s and investment (a’la currency traders) then it’s a horse of a different color since the futures market and any risk of BC exchange fraud are key to understand. For those reasons it feel like a conflicted story as tha futures trading deflated the hype balloon quite effectively. Sent from my iPhone using Tapatalk Pro
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28 April 2018, 01:04 AM | #505 |
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Jumped into the crypto pool recently with a purchase of CashBet Coin. Their ICO is closing soon. Online forums are pretty favorable about it.
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28 April 2018, 02:59 AM | #506 | |
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Be cautious and GL. |
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28 April 2018, 02:11 PM | #507 |
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Thanks. Can't help but about the irony of reading that at this here online forum.......
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28 April 2018, 11:43 PM | #508 |
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Blockchain is great, the currency is not... there’s too much availability of alternatives... too much supply. The original Bitcoin was exciting becaus ther was a perceived supply limit. Not everyone has one
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29 April 2018, 02:34 AM | #509 |
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I myself had gotten into cryptos back in 2012, when I was only 16! Funny to think that I got into bitcoin because of a video game!!! All those times my mom was yelling at me I just laugh now because I was and still am able to do many things people my age aren't able to. It's been a fun to ride the waves up, and not so much down.. But it happens. I just started investing into "alt" coins in 2016 and have found a few that really catch my eye. I'm not entirely against the coins that aren't so "private" because I have no issue paying taxes and have nothing to hide. I'd rather be honest upfront rather than getting screwed later in the future. Something many coin holders disagree with... :P
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29 April 2018, 06:02 AM | #510 |
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you can liken crypto to the watch industry.
sometimes branding supersedes form or functionality. I dont see the amount of alternatives as an issue if you know the advantages and providence of those various "alternatives" unfortunately with the way social media works now it is quite easy to create a percieved popular opinion and broadcast it, while stifling any well founded opposition with circular logic and paid schills. if you find the Rolex of the bunch and know it, a decision to jump in should not be affected by all the poor imitations that crop up trying to take advantage the lack of knowledge in a new market. I do agree that blockchain is innovative past the crypto realm as a distributed database of sorts, but these ipo's are something even I stay away from. of course, as always, invest cautiously.. this is a largely unregulated market. |
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