Check Out Our Shop
Page 58 of 747 FirstFirst ... 53 54 55 56 57 58 59 60 61 62 63 ... LastLast
Results 1,426 to 1,450 of 18667

Thread: Bitcoin....who's gotten into it?

  1. 03-23-2018, 03:29 PM #1426
    skaredshtles's Avatar
    skaredshtles
    skaredshtles is online now Registered User
    Join Date
    Dec 2016
    Location
    In a van... down by the river
    Posts
    15,276
    Can we agree that this shit is stupid?

    https://www.cnbc.com/2018/03/23/coll...n-bitcoin.html

    Reply With Quote Reply With Quote
  2. 03-23-2018, 03:46 PM #1427
    reckless toboggan's Avatar
    reckless toboggan
    reckless toboggan is offline Registered User
    Join Date
    Dec 2011
    Posts
    5,531
    Quote Originally Posted by skaredshtles View Post
    It smells alot like snake oil poured over a pyramid scheme...
    This is the most accurate description I've heard so far.
    Quote Originally Posted by XXX-er View Post
    the situation strikes me as WAY too much drama at this point
    Reply With Quote Reply With Quote
  3. 03-23-2018, 03:54 PM #1428
    skaredshtles's Avatar
    skaredshtles
    skaredshtles is online now Registered User
    Join Date
    Dec 2016
    Location
    In a van... down by the river
    Posts
    15,276
    Quote Originally Posted by stalefish3169 View Post
    I think this article from one of BTC's great ambassadors is pretty captivating.

    https://medium.com/@aantonop/bitcoin...n-d5b93a37da6e
    I read it... and all I can say is, "Meh."

    Got anything else that I might find compelling?

    For the record: College degree in Finance & Economics (never used it) and 25+ years in Information Technology... so I have some background.
    Reply With Quote Reply With Quote
  4. 03-23-2018, 06:56 PM #1429
    Skidog
    Skidog is offline Banned
    Join Date
    May 2007
    Location
    Sandy, Utah
    Posts
    14,407
    Quote Originally Posted by skaredshtles View Post
    I read it... and all I can say is, "Meh."

    Got anything else that I might find compelling?

    For the record: College degree in Finance & Economics (never used it) and 25+ years in Information Technology... so I have some background.
    You won't find anything compelling. It's 2 sides. The proponents that believe it's the bee's knees, and the buffets of the world that believe otherwise.

    The hodl folks will say the buffets are wrong cause you know they're the "evil" and all that's wrong with the world of finance. The buffets argue the idea that it's all worth nothing. Who's got the wealth currently and has had for some time? I'll stick with them for now.

    Sent from my XT1650 using TGR Forums mobile app
    Reply With Quote Reply With Quote
  5. 03-29-2018, 07:59 AM #1430
    stalefish3169's Avatar
    stalefish3169
    stalefish3169 is offline Registered User
    Join Date
    Dec 2008
    Location
    PDX
    Posts
    5,321
    It's still not zero. [emoji12]

    Sent from my Pixel 2 XL using TGR Forums mobile app
    Reply With Quote Reply With Quote
  6. 03-29-2018, 02:48 PM #1431
    Skidog
    Skidog is offline Banned
    Join Date
    May 2007
    Location
    Sandy, Utah
    Posts
    14,407
    Lol HODL

    Sent from my XT1650 using TGR Forums mobile app
    Reply With Quote Reply With Quote
  7. 03-29-2018, 03:52 PM #1432
    summit's Avatar
    summit
    summit is offline *NOT* an expert
    Join Date
    Oct 2003
    Location
    9,300ft
    Posts
    23,146
    SkiDog it is perfectly normal for currencies to fluctuate 13% in a day... oh wait... no its not... unless there is a really good reason... I'm sure there is some reasoning for BTC valuation changes? (trying to keep a straight face while typing that)
    Quote Originally Posted by blurred
    skiing is hiking all day so that you can ski on shitty gear for 5 minutes.
    Reply With Quote Reply With Quote
  8. 03-29-2018, 04:52 PM #1433
    stalefish3169's Avatar
    stalefish3169
    stalefish3169 is offline Registered User
    Join Date
    Dec 2008
    Location
    PDX
    Posts
    5,321
    Quote Originally Posted by Summit View Post
    SkiDog it is perfectly normal for currencies to fluctuate 13% in a day... oh wait... no its not... unless there is a really good reason... I'm sure there is some reasoning for BTC valuation changes? (trying to keep a straight face while typing that)
    https://www.youtube.com/watch?v=1WN8...ature=youtu.be

    Sent from my Pixel 2 XL using TGR Forums mobile app
    Reply With Quote Reply With Quote
  9. 03-29-2018, 06:27 PM #1434
    Skidog
    Skidog is offline Banned
    Join Date
    May 2007
    Location
    Sandy, Utah
    Posts
    14,407
    Quote Originally Posted by stalefish3169 View Post
    https://www.youtube.com/watch?v=1WN8...ature=youtu.be

    Sent from my Pixel 2 XL using TGR Forums mobile app
    Fanbois gonna fanboi.

    I'll bet lots of you bought higher than it is now. Not much choice but to HODL eh?

    Sent from my XT1650 using TGR Forums mobile app
    Reply With Quote Reply With Quote
  10. 03-30-2018, 06:54 AM #1435
    Whiteroom_Guardian's Avatar
    Whiteroom_Guardian
    Whiteroom_Guardian is online now ____________________
    Join Date
    May 2008
    Location
    On a genuine ol' fashioned authentic steam powered aereoplane
    Posts
    17,325
    https://www.reddit.com/r/Bitcoin/com...ds_it_you_too/
    Reply With Quote Reply With Quote
  11. 03-30-2018, 11:53 AM #1436
    Skidog
    Skidog is offline Banned
    Join Date
    May 2007
    Location
    Sandy, Utah
    Posts
    14,407
    "and I'm free....free falling"

    RIP Tom Petty.

    Sent from my XT1650 using TGR Forums mobile app
    Reply With Quote Reply With Quote
  12. 03-30-2018, 02:02 PM #1437
    neckdeep's Avatar
    neckdeep
    neckdeep is offline but...head first
    Join Date
    Nov 2008
    Location
    Greater Drictor Wydaho
    Posts
    5,637
    Click image for larger version.  Name: download (12).jpg  Views: 77  Size: 316.8 KB  ID: 230444
    Reply With Quote Reply With Quote
  13. 03-30-2018, 02:10 PM #1438
    stalefish3169's Avatar
    stalefish3169
    stalefish3169 is offline Registered User
    Join Date
    Dec 2008
    Location
    PDX
    Posts
    5,321
    Quote Originally Posted by neckdeep View Post
    Click image for larger version.  Name: download (12).jpg  Views: 77  Size: 316.8 KB  ID: 230444
    TA is practically useless for crypto due to many external factors, but thanks for doing your part to keep the Jamie Dimon status quo going.

    Sent from my Pixel 2 XL using TGR Forums mobile app
    Reply With Quote Reply With Quote
  14. 03-30-2018, 02:13 PM #1439
    neckdeep's Avatar
    neckdeep
    neckdeep is offline but...head first
    Join Date
    Nov 2008
    Location
    Greater Drictor Wydaho
    Posts
    5,637
    Click image for larger version.  Name: comment_eTKOVlUlREDcr5V9jUq7UBXW1bGE8Znu.jpg  Views: 70  Size: 104.2 KB  ID: 230445
    Reply With Quote Reply With Quote
  15. 03-30-2018, 02:41 PM #1440
    Bromontana
    Bromontana is offline observing free range rude
    Join Date
    Aug 2012
    Location
    below the Broads Fork Twins
    Posts
    5,771
    Erhm
    Last edited by Bromontana; 01-31-2020 at 05:30 PM.
    Reply With Quote Reply With Quote
  16. 03-30-2018, 02:42 PM #1441
    4matic's Avatar
    4matic
    4matic is offline Registered User
    Join Date
    Mar 2006
    Posts
    20,181
    Quote Originally Posted by stalefish3169 View Post
    TA is practically useless for crypto due to many external factors, but thanks for doing your part to keep the Jamie Dimon status quo going.

    Sent from my Pixel 2 XL using TGR Forums mobile app
    Peter Brandt would disagree:

    The last time $BTC violated a parabola (Nov 2013) it required an 80% correction and 42 months before new highs were posted. An 80% correction this time would target sub-$4,000





    Reply With Quote Reply With Quote
  17. 03-30-2018, 05:23 PM #1442
    Art Shirk
    Art Shirk is offline Good-lookin' wool
    Join Date
    Oct 2005
    Posts
    11,810

    Bitcoin....who's gotten into it?

    Quote Originally Posted by Bromontañe View Post
    1% moraine insurance. Screw utility, just think about what happens to price if ownership continues to grow?

    starts about 10mins
    It’s only schmuck insurance when you have tons to begin with and you can afford to throw a bunch of money at a fad. It’s even less so the more expensive it gets. This guy forgot what it’s like to be normal. Of course a billionaire can run that risk analysis. I wonder why he hasn’t sunk a million dollars in a penny stock though.

    And then to turn around and shit on the system that makes him the billions to afford schmuck insurance in the first place really drives home his detachment. Or maybe it’s just his mobile wardrobe consultant that’s giving me that vibe.

    It looks like the evangelists have switched from “it’s a great investment and here’s why” to “what do you have to lose?”

    Sent from my iPhone using TGR Forums
    Reply With Quote Reply With Quote
  18. 03-30-2018, 05:38 PM #1443
    summit's Avatar
    summit
    summit is offline *NOT* an expert
    Join Date
    Oct 2003
    Location
    9,300ft
    Posts
    23,146
    Quote Originally Posted by Art Shirk View Post
    It’s only schmuck insurance when you have tons to begin with and you can afford to throw a bunch of money at a fad. It’s even less so the more expensive it gets. This guy forgot what it’s like to be normal. Of course a billionaire can run that risk analysis. I wonder why he hasn’t sunk a million dollars in a penny stock though.

    And then to turn around and shit on the system that makes him the billions to afford schmuck insurance in the first place really drives home his detachment. Or maybe it’s just his mobile wardrobe consultant that’s giving me that vibe.

    It looks like the evangelists have switched from “it’s a great investment and here’s why” to “what do you have to lose?”

    Sent from my iPhone using TGR Forums
    Well stated
    Quote Originally Posted by blurred
    skiing is hiking all day so that you can ski on shitty gear for 5 minutes.
    Reply With Quote Reply With Quote
  19. 03-30-2018, 06:08 PM #1444
    Skidog
    Skidog is offline Banned
    Join Date
    May 2007
    Location
    Sandy, Utah
    Posts
    14,407
    Quote Originally Posted by Summit View Post
    Well stated
    +2 ...

    Sent from my XT1650 using TGR Forums mobile app
    Reply With Quote Reply With Quote
  20. 03-31-2018, 03:27 AM #1445
    Bobby Stainless's Avatar
    Bobby Stainless
    Bobby Stainless is offline Rustler of Jimmies
    Join Date
    Jul 2014
    Location
    TennesseeJed
    Posts
    10,987
    Bromo. So buy at 4000?
    "I don't pretend to have all the answers, and I think there's something to be said for that" -One For The Road

    Brain dead and made of money.
    Reply With Quote Reply With Quote
  21. 03-31-2018, 06:47 AM #1446
    Skidog
    Skidog is offline Banned
    Join Date
    May 2007
    Location
    Sandy, Utah
    Posts
    14,407
    Quote Originally Posted by Bobby Stainless View Post
    Bromo. So buy at 4000?
    Sure if you like losing money I bet it goes lower.

    Sent from my XT1650 using TGR Forums mobile app
    Reply With Quote Reply With Quote
  22. 03-31-2018, 08:03 AM #1447
    Bobby Stainless's Avatar
    Bobby Stainless
    Bobby Stainless is offline Rustler of Jimmies
    Join Date
    Jul 2014
    Location
    TennesseeJed
    Posts
    10,987
    Negative. I want to take my winnings from the last time I played and let it ride.
    "I don't pretend to have all the answers, and I think there's something to be said for that" -One For The Road

    Brain dead and made of money.
    Reply With Quote Reply With Quote
  23. 03-31-2018, 08:20 AM #1448
    Skidog
    Skidog is offline Banned
    Join Date
    May 2007
    Location
    Sandy, Utah
    Posts
    14,407
    Quote Originally Posted by Bobby Stainless View Post
    Negative. I want to take my winnings from the last time I played and let it ride.
    Always the consummate gambler.

    Sent from my XT1650 using TGR Forums mobile app
    Reply With Quote Reply With Quote
  24. 03-31-2018, 09:01 AM #1449
    Bromontana
    Bromontana is offline observing free range rude
    Join Date
    Aug 2012
    Location
    below the Broads Fork Twins
    Posts
    5,771
    Eh
    Last edited by Bromontana; 01-31-2020 at 05:30 PM.
    Reply With Quote Reply With Quote
  25. 03-31-2018, 10:58 AM #1450
    stalefish3169's Avatar
    stalefish3169
    stalefish3169 is offline Registered User
    Join Date
    Dec 2008
    Location
    PDX
    Posts
    5,321
    Quote Originally Posted by 4matic View Post
    Peter Brandt would disagree:

    The last time $BTC violated a parabola (Nov 2013) it required an 80% correction and 42 months before new highs were posted. An 80% correction this time would target sub-$4,000





    I intentionally inserted the word practically before I said it was useless. TA has its merits, but it performs poorly in crypto due to so much market immaturity, manipulation, and constantly changing regulatory status. Additionally it could be argued that the Mt Gox hack was largely responsible for the extended 2014 bear market.

    This current correction was necessary. It became very apparent that the crypto infrastructure wasn't ready for primetime in December. Exchanges couldn't handle the volume, networks were overloaded, regulation was still largely uncertain. Scam projects are folding.

    Much of the crazy gains have been invested into upgrades. Platforms and staff have expanded. Lightning network development and similar advancements are expanding rapidly. Regulation is getting put in place, largely absent of certain death for crypto. Big money is filling their bags during this dip. When the next bull run comes, crypto is going to be here to stay and will become mainstream... similarly to Tim Draper claiming they will laugh at you at Starbucks in 5 years for trying to pay with fiat. TA will probably be more useful around that time.

    Sent from my Pixel 2 XL using TGR Forums mobile app
    Reply With Quote Reply With Quote
« Mega jillions | If only there was something we could do... »

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules