Bitcoins - fad or trend?

Discussion of all things crypto and blockchain.
jcz1
Posts: 5117
Joined: Sat May 28, 2011
Location: USA

Re: Bitcoins - fad or trend?

Postby jcz1 » Sat Dec 08, 2018

If the article is all about blockchain, why does the headline (picture) mention bitcoin?

Did you read what I quoted? "When I asked him whether interest had declined with price..." He's asking a blockchain guy about the decline in bitcoin's price. The answer isn't anything close to "these are two different things, why are you asking me that?"

The picture and the question are conflating the two "topics." Sad.

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Sat Dec 08, 2018

Your observation is correct about the photo vs the article contents. It seemed like easy troll bait. :lol:
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Sun Dec 09, 2018

NewsBTC: Morgan Creek Digital Makes $1 Million “Buffett Bet 2.0” Crypto Wager.
https://www.newsbtc.com/2018/12/06/morgan-creek-digital-makes-1-million-buffett-bet-2-0-crypto-wager/

NewsBTC: Bitcoin Can’t Fall To $0 Nor Enter A “Death Spiral” — Mining Rules Deem It So.
https://www.newsbtc.com/2018/12/07/bitcoin-cant-fall-to-0-nor-enter-a-death-spiral-mining-rules-deem-it-so/

NewsBTC: Report: Crypto Market To Consist Of 66% Bitcoin in 2019.
https://www.newsbtc.com/2018/12/06/report-crypto-market-to-consist-of-66-bitcoin-in-2019/

NewsBTC: From $4,350 to $117: Is Bitcoin Cash (BCH) Entering Death Spiral?
https://www.newsbtc.com/2018/12/06/from-4350-to-117-is-bitcoin-cash-bch-entering-death-spiral/

The Epoch Times: Bitcoin Mining and the Beauty of Capitalism.
https://www.theepochtimes.com/bitcoin-mining-and-the-beauty-of-capitalism_2725263.html
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

cornel
Posts: 1
Joined: Mon Dec 10, 2018
Contact:

Re: Bitcoins - fad or trend?

Postby cornel » Wed Dec 12, 2018

tdtwedt wrote:Crypto Devastation Forces Miners To Literally Dump Mining Rigs

Meanwhile, the 2018 bear crypto market is forcing many miners to operate at a loss, "now it’s more economic to turn it off and take it off from the rack to reduce cost on electricity and opex," tweeted Dovey Wan.


https://www.zerohedge.com/news/2018-11- ... -dump-rigs


Sad to see these these miners go - it’s harsh… Maybe this is a good time to get your Bitcoin and turn them into gold, silver or other precious metals? I guess this will be a safer, long term bet, hopefully with some upside potential and more stability.

cmiller17363
Gold Supporter
Posts: 935
Joined: Thu Jul 13, 2017

Re: Bitcoins - fad or trend?

Postby cmiller17363 » Wed Dec 12, 2018

The upside potential with bitcoin right now is immense imo. Gold and silver are safe and stable, but safety and stability are rarely associated with huge gains. Bitcoin isnt dead. And mining difficulty will reconcile with the price. Currently, the price is out running the difficulty adjustments. Just like it was out running them in the last quarter of 2017.
ImageImageImage

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Thu Dec 13, 2018

.
Escaping the Global Banking Cartel by Andreas Antonopoulos.

Presented on November 10th 2018 as part of the 'Internet of Money' tour near Seattle, Washington.

.
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

cmiller17363
Gold Supporter
Posts: 935
Joined: Thu Jul 13, 2017

Re: Bitcoins - fad or trend?

Postby cmiller17363 » Fri Dec 14, 2018

https://www.marketwatch.com/story/bitco ... 2018-12-14

But if there’s one person who can beat the bankers, the New York-based entrepreneur knows the man for the job. “I’m better at this kind of stuff than those millionaires,” he said. “They don’t know how to work the system, they’re nerds. I’m more than that.”
ImageImageImage

XFactor
Posts: 519
Joined: Mon Sep 06, 2010

Re: Bitcoins - fad or trend?

Postby XFactor » Mon Dec 17, 2018

Ok. So 1 year has passed since my last crypto confession. Father Satoshi please forgive me for my sins. I spent money on crypto. Learned a lot. I shall take advantage of the coming accumulation phase and hopefully make bags fatter. I wont be over emotional and I promise to be nice to Silver Doge. In Satoshi's name we pray. Amen :lol:

User avatar
Tractor Man
Gold Supporter
Posts: 1416
Joined: Sat Nov 19, 2011
Location: Out standing in my field.

Re: Bitcoins - fad or trend?

Postby Tractor Man » Mon Dec 17, 2018

XFactor wrote:Ok. So 1 year has passed since my last crypto confession. Father Satoshi please forgive me for my sins. I spent money on crypto. Learned a lot. I shall take advantage of the coming accumulation phase and hopefully make bags fatter. I wont be over emotional and I promise to be nice to Silver Doge. In Satoshi's name we pray. Amen :lol:


:lol: :lol: :lol:
The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence. Charles Bukowski
Doubt is not a pleasant condition, but certainty is absurd. Voltaire

Image Image Image

cmiller17363
Gold Supporter
Posts: 935
Joined: Thu Jul 13, 2017

Re: Bitcoins - fad or trend?

Postby cmiller17363 » Tue Dec 18, 2018

https://www.forbes.com/sites/michaeldel ... 9fd5825a80

Bitcoin is now free from the internet. The entire planet is now able to join the bitcoin economy via satellite. We are one step closer to Andreas Antonopoulos's vision of clay huts sending and receiving bitcoin in the middle of Africa.
ImageImageImage

cmiller17363
Gold Supporter
Posts: 935
Joined: Thu Jul 13, 2017

Re: Bitcoins - fad or trend?

Postby cmiller17363 » Tue Dec 18, 2018

https://1ml.com/

In case anyone wants to keep up with the growth of the Lightning Network.
ImageImageImage

User avatar
tdtwedt
Gold Supporter
Posts: 9026
Joined: Sat Nov 01, 2014
Location: South Mississippi

Re: Bitcoins - fad or trend?

Postby tdtwedt » Wed Dec 19, 2018

Blythe Masters Quits As CEO Of Fin Blockchain Startup

Image

https://www.zerohedge.com/news/2018-12- ... in-startup

:pop:
There are more ways than one to skin a cat.

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Sun Dec 23, 2018

Santa Clause rally?
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

User avatar
tdtwedt
Gold Supporter
Posts: 9026
Joined: Sat Nov 01, 2014
Location: South Mississippi

Re: Bitcoins - fad or trend?

Postby tdtwedt » Mon Dec 24, 2018

Crypto Pump-and-Dump Groups Become "Widespread" As Market Remains Largely Unregulated

The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper - conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico - concluded that “regulators should be very concerned that price manipulation via pump and dump schemes is so widespread.”


https://www.zerohedge.com/news/2018-12- ... nregulated
There are more ways than one to skin a cat.

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Mon Dec 24, 2018

Dunno how I missed this one from Ameritrade. If I can buy Bitcoin futures or options in my Roth IRA there, I'll be rooting for $700 Bitcoin.

Use your back arrow to return to BS


Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Mon Dec 24, 2018

tdtwedt wrote:Crypto Pump-and-Dump Groups Become "Widespread" As Market Remains Largely Unregulated

The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper - conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico - concluded that “regulators should be very concerned that price manipulation via pump and dump schemes is so widespread.”


https://www.zerohedge.com/news/2018-12- ... nregulated


What took these guys so long? We've been talking about this for 2 years here.

It's widespread on the stock markets, and those are regulated (lol).
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

jcz1
Posts: 5117
Joined: Sat May 28, 2011
Location: USA

Re: Bitcoins - fad or trend?

Postby jcz1 » Mon Dec 24, 2018

Bucketeer wrote:Santa Clause rally?


Shouldn't such a rally at least last until xmas? Maybe that was a dead cat bounce instead.

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Dec 26, 2018

323.jpg
323.jpg (41.37 KiB) Viewed 431 times
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Sat Dec 29, 2018

Last edited by Bucketeer on Sat Dec 29, 2018, edited 1 time in total.
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd

User avatar
Bucketeer
Bearish Supporter
Posts: 4067
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Bitcoins - fad or trend?

Postby Bucketeer » Sat Dec 29, 2018

CoinDesk: Bitcoin Price Suddenly Spikes $300 to Avoid Retest of 2018 Low.
https://www.coindesk.com/bitcoin-has-last-chance-to-avoid-ending-2018-on-a-low-note
Gentlemen prefer Engelhard.
Bitcoin: 1QC9tcPcA5R82CHr61BrkPgdh4fVmcCsgd


Return to “Bitcoin/Crypto/Blockchain”

Who is online

Users browsing this forum: No registered users and 2 guests