BITCOIN as an alternative to regular currency

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Lutruwita
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Joined: Sun Apr 26, 2015 12:54 pm

Zenyatta wrote:
Wed Nov 28, 2018 2:13 am
I don't think we've hit bottom yet. I predicted the bust and guessed a bottom of between $1 000-$2 000 for Bitcoin way back when in this thread. It remained stable for longer than I thought though, holding at $6K for quite a while before plunging again. Let's see... 8-)
Mate, I can assure you that you have next to NFI.
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Euler
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Ethereum now 92.5% below all-time high.
Zenyatta
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Aarondewit wrote:
Wed Nov 28, 2018 4:53 am
Zenyatta wrote:
Wed Nov 28, 2018 2:13 am
I don't think we've hit bottom yet. I predicted the bust and guessed a bottom of between $1 000-$2 000 for Bitcoin way back when in this thread. It remained stable for longer than I thought though, holding at $6K for quite a while before plunging again. Let's see... 8-)
Mate, I can assure you that you have next to NFI.
Things seem to be going exactly the way I predicted mate...
https://edition.cnn.com/2018/12/07/inve ... index.html
denialthomus2
Posts: 1
Joined: Sat Dec 22, 2018 9:19 am

Hello,

Elective monetary forms will be types of trade that people and associations may use rather than ordinary monetary standards, for example, pounds, dollars, and euros, or close by them. They can be made by nearly anybody, including people, companies and country states. The key point is that a more extensive network needs to see an incentive in the money, which means it'll secure esteem.

Such monetary forms have created for a wide assortment of reasons, incorporating into a reaction to money related emergencies, to encourage wrongdoing and as answers for nearby, social as well as natural issues.

In spite of the fact that they're as yet a to some degree specialty thought, certain monetary standards, for example, Bitcoin are outstanding and acknowledged by organizations around the globe.

Thanks!
DeepWire9
Posts: 6
Joined: Thu Feb 21, 2019 8:09 am

Guys, what do you think about cryptocurrency subsidence? I sit in a drawdown throughout the year and everyone is constantly talking about growth, although nothing happens
eightbo
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Location: Malta / Australia

Classic confirmation bias in action. People like the idea of having picked a winner.

I suspect that if blockchain does catch on in a big way, it will take longer than most holders like to envision.
fahivechh
Posts: 6
Joined: Fri Feb 21, 2020 3:44 pm

Bitcoin is not an alternative to currency and never has been. Bitcoin is a good way to buy something without paying taxes, and something in a dark market. You can also trade it, but it’s better to use other cryptocurrencies for this, plus you can also use bots as from my list - best crypto trading bot (if I get a commission from them if that :D :D :D )
weemac
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Just spotted Bitcoin cash price fell 35% in the space of 2 hours this morning. I wonder why the sudden move.
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Euler
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So much for it being a hedge on 'normal' assets!
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Euler
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21:30

-28.77%

$5.6k

Curiously, Bitcoin, indexes, Gold, Oil all down.
weemac
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A ban is to be introduced from Jan 6th for retail traders on trading CFDs or spread bets on Cryptos as they are "ill-suited for retail traders due to the possibility of sudden and unexpected losses". (Source: FCA)

The nanny state extends its grip. Again.
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The Silk Run
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Migrate to Gaming. NOT included in the UK governments wide ranging reviews, and consultations !!!
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superfrank
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Image

Bitcoin up 5 fold since Covid lows in March.

I read that Lily Allen was once offered 200,000 bitcoin to play a gig. She turned it down!
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Euler
Posts: 24700
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Location: Bet Angel HQ

It's interesting, as Bitcoin more or less shares the same problems as conventional assets, probably worse. FOMO in full effect at the moment.

Widestream acceptance is growing though, so that will drive it short term.
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gutuami
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a new high
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