Bitcoins worth more than gold

[Petrol Head]

In any case acceptance is growing.

I’ve been hearing this for over a decade now and yet I’ve still to see a single shop on my local high street take Bitcoin.

This. And unlike other threatening tech, such as Uber vis-a-vis the taxi industry, the banking 'industry' is too world-encompassing and powerful to go down without a serious fight.

What about Tesla and the oil companies then?

Oil is used for a billion and one things in addition to making cars go. Plus Teslas are too expensive to become mainstream, at the moment anyway.

I was extremely sceptical and late to the party, but Team PH has made a motsa on Bitcoin and Eth lately. I get the feeling that COVID and associated global printing of stimulus money is the best thing that’s ever happened to btc and other alt coins.

There’s definitely a push underway to stifle crypto trading. Etoro today stopped leveraged trades on crypto and put brakes on traders closing crypto positions for reasons that are unclear. They’ve also disallowed shorting cryptos by traders in many counties.

Several Western governments have flat banned their nationals from trading crypto over the platform. Ripple and US citizens being a good recent example. Many traders switched across to Binance and other platforms today in protest.

Social traders seem to be rushing to baskets of crypto, Tesla, gold, oil and to a lesser extent, other leading Nasdaq companies - irrespective of their actual business fundamentals.

Interesting times.

[YaTingPom]

Ive been following btc for years but still to this very day dont know where to buy and sell btc in one website with confidence and that my wallet is not going to disappear forever in the next raid.

PM me.

(Not a scam)




((Probably is))

[Put it here]

Share the discussion here pom.

I pm'd a contributor travelling through mirocco a while back and it exploded in my face.

[Scranter]

January 9, 2021

1 BTC = $40,705 USD

[ផោមក្លិនស្អុយ]

This thread makes almost as much sense to me as the BSCW thread.

Seems to have little commentary and mostly a couple of guys fixated on price.

[Falling knife]

Im ready to buy in when it levels out around 3 thou soon.

Im gettin in this time as soon as i find a good exchange.

40 btc in my wallet is a nice pile.

[1984]

Yup, makes no sense. People posting new highs (boring!) But no analysis on it losing and then gaining 20+% in a matter of days.

[Analist]

Ive looked into crypto exchanges many times. All built on a facade of sucking in the punter.

The chain coins are gaming tokens used to game the suckers.

The sooner theyre banned worldwide the sooner the world will be rid of a chain coin masquerading as an investmment.

[napster22]

Ive looked into crypto exchanges many times. All built on a facade of sucking in the punter.

The chain coins are gaming tokens used to game the suckers.

The sooner theyre banned worldwide the sooner the world will be rid of a chain coin masquerading as an investmment.

they're going to ban napster soon

[Guest]

Ive looked into crypto exchanges many times. All built on a facade of sucking in the punter.

The chain coins are gaming tokens used to game the suckers.

The sooner theyre banned worldwide the sooner the world will be rid of a chain coin masquerading as an investmment.

While I appreciate the heady returns some here are claiming, the investment is far too risky for me and there is no way I would invest in something that is so innately illiquid and unregulated. It’s not an investment. It’s a gamble based on the ‘bigger fool theory’

There is a story at the moment of a lad who is offering $70m to a local council in the U.K. to be allowed to search through a municipal tip to search for a hard drive on which he claims he has $230m of Bitcoin stored.

[napster22]

Ive looked into crypto exchanges many times. All built on a facade of sucking in the punter.

The chain coins are gaming tokens used to game the suckers.

The sooner theyre banned worldwide the sooner the world will be rid of a chain coin masquerading as an investmment.

While I appreciate the heady returns some here are claiming, the investment is far too risky for me and there is no way I would invest in something that is so innately illiquid and unregulated. It’s not an investment. It’s a gamble based on the ‘bigger fool theory’

There is a story at the moment of a lad who is offering $70m to a local council in the U.K. to be allowed to search through a municipal tip to search for a hard drive on which he claims he has $230m of Bitcoin stored.

Take another look at bitcoin.

storing your value/wealth in dollars, currency, stocks, property, gold whatever else will leave you mired in regret.

this decade everything will be re-priced in bitcoin.

watch out.

betting against bitcoin, is like taking a bet against fire as a technology.

^ ^
(O).(O)
<\ B />
\_ _/
V V

[Everything?]

Is 8 decimal points adequate?

Customer : i will take .00000002 satoshi of the cherries.

Grocer : i dont have change for .00000005 satoshi

[Nippedster]

The usa pres is directing the fed agencies to regulate crypto.

The trump era of indifference and neglect has come to an end.

[napster22]

centralbank1: send me the bitcoin you owe me by tonight.

centralbank2: okay.