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Bitcoin above $8100 USD right now.

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Postby slamminshaun on 11 Jan 2018 21:37

Re: Bitcoin above $8100 USD right now.

TechJunkie wrote: You'll go nuts for a bunch of numbers on a hard drive in a data center that aren't backed by anything other than a willful collective hallucination -- as long as the government doesn't control it.


LOL!!! Yep, the Slammer is going nuts for it!

slamminshaun wrote:Bottom line, Bitcoin may fail at some point


TechJunkie wrote:Are you amusing yourself by trolling some Internet stranger or are you putting your money where your mouth is? Are you investing in Bitcoin right now?


LOL!!!! The Slammer is obviously "all in".....

slamminshaun wrote:However, unlike TechJunkie, the Slammer will admit that he totally missed the Bitcoin thing. Even His Clairvoyance didn't see that one coming.
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Postby TechJunkie on 11 Jan 2018 21:52

Re: Bitcoin above $8100 USD right now.

So everything you have been saying to me has been trolling. And you tried to get into an argument over the meaning of the word "failed". Awesome.

So anyway. What's going to happen next is that BTC will fall to probably less than $500.
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Postby JMT on 11 Jan 2018 22:09

Re: Bitcoin above $8100 USD right now.

:lol:

One day you might finally get it right.
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Postby TechJunkie on 11 Jan 2018 22:44

Re: Bitcoin above $8100 USD right now.

Are you betting against me? Or is Pod the only one here actually investing in Bitcoin?

Since having an argument about the meaning of the word "failed" would be asinine, here's a thought on initial coin offerings:

Quartz Magazine:

[An initial coin offering is] somewhat like crowdfunding. Say you’ve started a bar, and you want to fund it by issuing these tokens. A token is worth one beer, but your bar will only ever serve a set number of beers. If people think it will be a really hot bar, the value of the tokens trades for up to $100 or $200. People are raising hundreds of millions of dollars this way, with pretty thin business plans.


Robert Shiller, Nobel Prize-winning author of the book Irrational Exuberance:

Yeah, that’s a classic bubble. I’ll have to read about that. There are a lot of cryptocurrencies but they don’t have as good a story as bitcoin. Maybe there’s a new narrative. Maybe this is a more viral story.


more...


Bonus Bitcoin nugget:



Crypto, crypto
Crypto, currency
Stack a couple bit coins!
Money, money
Money, money
Hold up on my Nakamoto
Hold up on my Nakamoto
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Postby pod on 12 Jan 2018 02:32

Re: Bitcoin above $8100 USD right now.

Reminder of the ultimate shitcoin. If someone gets a Lambo out of it, I'll eat my shoe.


https://goatse.cx/
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Postby slamminshaun on 12 Jan 2018 07:43

Re: Bitcoin above $8100 USD right now.

TechJunkie wrote:So everything you have been saying to me has been trolling. And you tried to get into an argument over the meaning of the word "failed". Awesome.


There's nothing to argue. 7 years ago, you said Bitcoin was the latest virtual currency venture to fail...

TechJunkie wrote: BitCoin is the latest in a long string of failed micropayment and virtual currency ventures


LOL!! Does that mean the Slammer is "nuts for Bitcoin"? Not even close....

slamminshaun wrote:Bottom line, Bitcoin may fail at some point, but it wasn't the "latest failure" in 2011 as Tech confidently and erroneously asserted.
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Postby TechJunkie on 12 Jan 2018 08:32

Re: Bitcoin above $8100 USD right now.

It did fail. It’s useless. People continued to put money into it after that, and I’m beginning to understand why. Irrational Exuberance explains a lot about what happened. Bitcoin investment is driven by a cool story with an anti-government theme built right into it.
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Postby pod on 12 Jan 2018 08:46

Re: Bitcoin above $8100 USD right now.

GPU mining still has a place with XMR.
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Postby pod on 12 Jan 2018 08:47

Re: Bitcoin above $8100 USD right now.

"How cold is it?"

cold2.jpg
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Postby pod on 12 Jan 2018 10:42

Re: Bitcoin above $8100 USD right now.

Shaun, did his know the sun set at 1:45 today up here?
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