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

[stalefish3169]

http://image.mail.chaseb2b.com/lib/f...es_4-24-18.pdf


chase using the word BITCOIN to attract business

they wont accept BTC but they will take the cash from wallet liquidation


another charade



BTC created by US intel community

Sounds like you need to get some Monero man.

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[stalefish3169]

EOS at $16.90 (~ 0.0018120 Satoshi) and climbing fast. New USD ATH likely coming soon! It's been going bananas every Friday the last few weeks; up about 15% in 24 hours as of now.

Can't wait for the Everipedia airdrop FOMO! If you haven't checked out everipedia.org already, you should. It's upvoting functionality is a game changer over Wikipedia.

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[stalefish3169]

And EOS smashes into new ATH passing $18.22! Incredible run and just getting started.

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[stalefish3169]

Don't let ATH and HODLE turn into SFYL and SODLE.
Playing EOS is like holding holy hand grenades.
That shit is gonna blow up eventually.

Hit $570USD today.
Over a billion USD bought and sold just this last week in Btc.
Things going crazy.
The mining reward will halve soon.
It will probably come crashing down.

Thanks for the warning. 😜

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[swissiphic]

Stoked on EOS 4 sure! Up's are great but down's are expected. I'll never forget the TRON grenade. 0.5 years into the 7 year projected portfolio hodl strategy. Let the cards fall where they may.

[stalefish3169]

Stoked on EOS 4 sure! Up's are great but down's are expected. I'll never forget the TRON grenade. 0.5 years into the 7 year projected portfolio hodl strategy. Let the cards fall where they may.

Not saying EOS won't have huge swings. But EOS is the brainchild of someone with 2 previously successful blockchain projects with some of the highest transaction numbers out there. Block.one's tokens are vested for 10 years after launch with a percentage getting released each year. They have a long-term interest in seeing EOS succeed.

TRX had a plagiarized white paper. Don't own any TRX, but it is certainly not dead. It's still top 10 and new ATH could easily happen this year...just gotta wait for that Alibaba partnership!

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[stalefish3169]

- "highest transaction numbers out there" FUNNY HOW THAT IS GIVEN THAT NO ONE ACTUALLY USES IT.
- is also the brainchild of someone with 2 previously semi-successful blockchain related-projects that also effectively abandoned work on those projects.
- is/has been plagued with infighting and the notorious vapourware virus.
- had an official relationship with Brock Pierce (just google that).

This will be the vaporware story of 2018. What is most impressive is how it is alleged they sell and re-buy their own shares constantly to churn the green candles ... into red candles ... into green candles.
https://bitcointalk.org/index.php?topic=2000232.260

Scam.

You know what happened to Lot's wife?
If you are in the black (i.e. you are ahead in the game - and it sounds like you might be) , then get the fuck out of dodge and don't look back.
At least, that is what I would do.

Even the most solid crypto investments are just trading schemes. Even Bitcoin.

Really? EOS is a scam because some random on a forum called it one, and Warren, huge stock holder of BOA and Wells Fargo (who by the way was just fined 1 Billion dollars for MASSIVE fraud), Buffett doesn't like teh BTC?

And steemit.com is semi-successful? Being ranked the1329th website in the world on Alexa after 2 years of existence is a bit more than that I'd say. Especially since most people who visit probably don't even realize they're interacting with a blockchain, which needs to be the case before massive adoption.

Take a lap man.

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[Mustonen]

interacting with a blockchain,]

That sounds a fuck load fancier than it is. My daughter used my CC to buy $10 in jewels for her google game. I had to have a conversation with her about how they aren’t actually worth anything, it’s just a scam to make you think the shit jewels she’d already earned had some intrinsic value and cIrcular capitalization on said scam.

This is the adult equivalent. It’s like saying she interacted with the jewel economy. It’s still not actually anything that provides value or is given value by any entity with the power to do that (you know, by enforcing rules that govern a functional economy, etc. Like a government).

[Mustonen]

This is one dip I won't be buying on....down 20% atm...

Bitcoin Plunges After Hacking of Exchange in Hong Kong

Fun to read this... if you’d bought $10kworth you’d have been able to make a $300k profit if you’d sold in December of ‘17.

Doesn’t make any of it any more real.

[basinbeater]

I don't think wise investors seriously entertained the fake bitcoin pumps like Long Island, Riot, etc. Overstock is not a fraud but is totes risky.

You calling me not wise investor? (cause you might be right...) I played the riot game and made some car parts money, but don't really look at it any more. Seems to move with btc price as they mine. But yeah, pretty scammy. Rode the publicity wave.

[stalefish3169]

https://twitter.com/ercwl/status/990609330377457665

Oh yeah, that FUDster Eric has been doing a great job lately.

https://neonewstoday.com/general/eri...er-thread-neo/

Eric Wall would later retract his statement and apologize to the NEO community in a correction thread he posted on the 7th of March, stating that “As demonstrated by /u/metachris in this thread, the NEO blockchain *can* handle a simple network outage from a single node. I’ll, therefore, retract my statement on the nature of the failure and would like to apologize to my followers & the NEO community.”

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[iceman]

https://www.nytimes.com/2018/04/29/t...ian-spies.html

^^that might fuck with things a bit I'd say.

[basinbeater]

Yeah it was sweet. I ended up doing 750 miles total and many of them in the triple digit speed range. Car hauls ass for extended periods. Thursday night up at Billy Blancos.

[stalefish3169]

https://www.nytimes.com/2018/04/29/t...ian-spies.html

^^that might fuck with things a bit I'd say.

"The blockchain really does create the foundation for the future that's coming."

Guess dude didn't get the memo that Bitcoin is going to zero next week.

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[Mustonen]

It’s like a religious fervor....

The block chain creating a foundation for the future, even if true, doesn’t mean that bitcoin actually has intrinsic value, any more than magnetic tape media rising to the fore meant that old beta tapes would be worth anything in 5 years.

Not saying BTC is going to implode tomorrow, I have no idea, I’m just saying that you aren’t using your critical thinking skills.

[stalefish3169]

It’s like a religious fervor....

The block chain creating a foundation for the future, even if true, doesn’t mean that bitcoin actually has intrinsic value, any more than magnetic tape media rising to the fore meant that old beta tapes would be worth anything in 5 years.

Not saying BTC is going to implode tomorrow, I have no idea, I’m just saying that you aren’t using your critical thinking skills.

I'll just leave this here.

http://fortune.com/2018/04/28/st-lou...ular-currency/

The Federal Reserve Bank of St. Louis has provided some high-profile validation for a core premise of Bitcoin and other cryptocurrency. A blog post this week based on an earlier Fed research paper said that “bitcoin units have no intrinsic value” – but added that currencies “such as the U.S. dollar, the euro, and the Swiss france . . . have no intrinsic value either.”

The post, titled “Three Ways Bitcoin is Like Regular Currency,” doesn’t precisely endorse Bitcoin or cryptocurrency. In another recent report, the St. Louis Fed was critical of Bitcoin’s inefficiency. Cryptocurrency has also become rife with scams since its surge in value last year, and may constitute a global risk because it enables clandestine money laundering, capital flight, and tax evasion.

But the St. Louis Fed has provided a credible rebuttal to one of the most widespread and misguided criticisms of cryptocurrency: That, because it isn’t tied to a particular real-world commodity, it should have a monetary value of zero. As Fed researchers point out, since decoupling from the gold standard in the early 1970s, almost all global reserve currencies rely on nothing but trust to function as a media of value exchange.



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[Danno]

How much is that house worth? As much as someone will pay for it.

This argument is fucking stupid. Bitcoin may be the currency of the future, or it might not. But nothing has intrinsic value when it comes to market based evaluation, not even tangible items like cars or houses. If you are trying to come up with valuations, the only value that matters is what people will pay for it.

So bitcoin could be "permanent" or it could be the next tulip craze. But the same could have been said for all currencies.

[skaredshtles]

<snip>
This argument is fucking stupid.

You must be new to the internet?

[frorider]

I'll just leave this here.

http://fortune.com/2018/04/28/st-lou...ular-currency/

The Federal Reserve Bank of St. Louis has provided some high-profile validation for a core premise of Bitcoin and other cryptocurrency. A blog post this week based on an earlier Fed research paper said that “bitcoin units have no intrinsic value” – but added that currencies “such as the U.S. dollar, the euro, and the Swiss france . . . have no intrinsic value either.”

The post, titled “Three Ways Bitcoin is Like Regular Currency,” doesn’t precisely endorse Bitcoin or cryptocurrency. In another recent report, the St. Louis Fed was critical of Bitcoin’s inefficiency. Cryptocurrency has also become rife with scams since its surge in value last year, and may constitute a global risk because it enables clandestine money laundering, capital flight, and tax evasion.

But the St. Louis Fed has provided a credible rebuttal to one of the most widespread and misguided criticisms of cryptocurrency: That, because it isn’t tied to a particular real-world commodity, it should have a monetary value of zero. As Fed researchers point out, since decoupling from the gold standard in the early 1970s, almost all global reserve currencies rely on nothing but trust to function as a media of value exchange.



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Wonder why you left out the most salient paragraph?

In the case of the dollar, that’s mostly trust in the U.S. government and economy. For Bitcoin and other cryptocurrencies, it’s trust in computer code and, at least to some extent, developers.

The St Louis Fed post changes nothing. It states the obvious. Big deal.

[stalefish3169]

Wonder why you left out the most salient paragraph?

Because I was taking a dump at work and copy pasting on my phone. 💩



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[reckless toboggan]

Because I was taking a dump at work and copy pasting on my phone. [emoji90]



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In the third floor bathroom, no doubt.

[Skidog]

In the third floor bathroom, no doubt.

#blumpkin

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[frorider]

Because I was taking a dump at work and copy pasting on my phone. ��



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So you were depositing shitcoins.

[reckless toboggan]

#blumpkin

So you were depositing shitcoins.

Blumpcoin

[sfotex]

#bacoin