Bitcoins - fad or trend?

Discussion of all things crypto and blockchain.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Tue Nov 26, 2019

tdtwedt wrote:Bitcoin Fixes This: PayPal Cuts Payouts To Over 100,000 Pornhub 'Models'

Bitcoin is being championed as the solution to a new payment crisis affecting the adult entertainment website Pornhub. In a blog post on Nov. 14, Pornhub revealed that payment processor PayPal had abruptly stopped servicing its models.


Image

https://www.zerohedge.com/crypto/bitcoi ... hub-models

:pop:


This is another example of banks and credit card companies "weaponizing" their product, not unlike the US government weaponizing the dollar. Weaponizing is self destructive, and alternatives will flourish. Go Bitcoin and dump the dollar!
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Tue Nov 26, 2019

YouTube: Bakkt Is BAD for BITCOIN! Exposing the Wall St. Attack. (Food for thought).
.


I'm going to be following this - if delivery is in USD, Bakkt is a sham.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Thu Nov 28, 2019

ZH: Bitcoin ATM Firm Partners With Largest Shopping Mall Operator In US.
https://www.zerohedge.com/crypto/bitcoin-atm-firm-partners-largest-shopping-mall-operator-us
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Fri Nov 29, 2019

Coindesk: Keep Calm and HODL On? 3 Reasons to Look Past Bitcoin’s Price Rout.
https://www.coindesk.com/keep-calm-and-hodl-on-3-reasons-to-look-past-bitcoins-price-rout
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Dec 04, 2019

YouTube: Bitcoin Allowed to Jump as "Crypto Cabal" Enters US Senate!! (Bix Weir)
.
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silverpv
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Re: Bitcoins - fad or trend?

Postby silverpv » Fri Dec 06, 2019

Are you guys still buying? I’ve been contributing a little every month or so when it gets to under $7k

cmiller17363
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Re: Bitcoins - fad or trend?

Postby cmiller17363 » Fri Dec 06, 2019

I'm buying here and there. I gave up on timing bottoms so now I just buy the dip.
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Rik Bitter
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Re: Bitcoins - fad or trend?

Postby Rik Bitter » Fri Dec 06, 2019

Yep. I made a 1 year plan back in May, and I'm sticking to it and ignoring all the noise. For better or worse I'm in for the next 6 months minimum.
***Looking for YPS prototypes/test run/commission pieces***
especially the 2oz Bullion Stacker Hex
Also any pieces with serial #17 & 18s. Please contact me if you have any of these for sale.


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SilverDoge
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Re: Bitcoins - fad or trend?

Postby SilverDoge » Fri Dec 06, 2019

silverpv wrote:Are you guys still buying? I’ve been contributing a little every month or so when it gets to under $7k


Yes. I'm happy with my holdings, but will add during uniquely timed drops. I am bullish over the next 1-2 years. I believe we will go past the $20k ATH on this next halving cycle (likely after May 2020) before the next peak. We might still have another shakeout down to $5k or lower before the next halving though. Be prepared.
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silverpv
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Re: Bitcoins - fad or trend?

Postby silverpv » Fri Dec 06, 2019

SilverDoge wrote:
silverpv wrote:Are you guys still buying? I’ve been contributing a little every month or so when it gets to under $7k


Yes. I'm happy with my holdings, but will add during uniquely timed drops. I am bullish over the next 1-2 years. I believe we will go past the $20k ATH on this next halving cycle (likely after May 2020) before the next peak. We might still have another shakeout down to $5k or lower before the next halving though. Be prepared.


Why do you think we’ll get beyond the previous ATH? I am not certain it will, but I don’t have a strong opinion as to why. I don’t see people going to BTC now that govt around the world is going after the on/off ramps

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SilverDoge
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Re: Bitcoins - fad or trend?

Postby SilverDoge » Fri Dec 06, 2019

silverpv wrote:
SilverDoge wrote:
silverpv wrote:Are you guys still buying? I’ve been contributing a little every month or so when it gets to under $7k


Yes. I'm happy with my holdings, but will add during uniquely timed drops. I am bullish over the next 1-2 years. I believe we will go past the $20k ATH on this next halving cycle (likely after May 2020) before the next peak. We might still have another shakeout down to $5k or lower before the next halving though. Be prepared.


Why do you think we’ll get beyond the previous ATH? I am not certain it will, but I don’t have a strong opinion as to why. I don’t see people going to BTC now that govt around the world is going after the on/off ramps


In May 2020 the stock to flow ratio of bitcoin will equal that of gold, and it will get even better four years later. The next currency crisis people will flock to safety assets; perhaps it will be fiat first, but that won't be the end game. One day, people holding gold ETFs, futures, or some other paper gold are going to realize they hold nothing. Same will go for "paper" bitcoin holders. The on/off ramps are important for mass adoption, but a lot of transactions still happen OTC. There will always be more crypto friendly governments that won't block the on/off ramps.
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silverpv
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Re: Bitcoins - fad or trend?

Postby silverpv » Sat Dec 07, 2019

SilverDoge wrote:
silverpv wrote:
SilverDoge wrote:
silverpv wrote:Are you guys still buying? I’ve been contributing a little every month or so when it gets to under $7k


Yes. I'm happy with my holdings, but will add during uniquely timed drops. I am bullish over the next 1-2 years. I believe we will go past the $20k ATH on this next halving cycle (likely after May 2020) before the next peak. We might still have another shakeout down to $5k or lower before the next halving though. Be prepared.


Why do you think we’ll get beyond the previous ATH? I am not certain it will, but I don’t have a strong opinion as to why. I don’t see people going to BTC now that govt around the world is going after the on/off ramps


In May 2020 the stock to flow ratio of bitcoin will equal that of gold, and it will get even better four years later. The next currency crisis people will flock to safety assets; perhaps it will be fiat first, but that won't be the end game. One day, people holding gold ETFs, futures, or some other paper gold are going to realize they hold nothing. Same will go for "paper" bitcoin holders. The on/off ramps are important for mass adoption, but a lot of transactions still happen OTC. There will always be more crypto friendly governments that won't block the on/off ramps.


:thumbup:

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Sat Dec 14, 2019

ZH: Bitcoin Is The Best Performing Asset Of The Past Decade... And Other Remarkable "Best" And "Worsts"
https://www.zerohedge.com/markets/best-performing-asset-past-decade-and-other-remarkable-best-and-worsts
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tdtwedt
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Re: Bitcoins - fad or trend?

Postby tdtwedt » Wed Dec 18, 2019

Bitcoin below 7K again.

:pop:
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SilverDoge
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Re: Bitcoins - fad or trend?

Postby SilverDoge » Thu Dec 19, 2019

2020 bitcoin preview... (funny too)

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Sun Dec 22, 2019

tdtwedt wrote:Bitcoin below 7K again.


We don't care. We see the future. Go back under your bridge.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Mon Dec 30, 2019

The good old days.
.
I'll be back in a couple of months. The video is about 1.5 hours. I walked the Silk Road in the "good old days". Reset the video to the beginning to watch it all. Happy New Years!
.


This is worth watching!
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Omicron13
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Re: Bitcoins - fad or trend?

Postby Omicron13 » Wed Jan 01, 2020

Thanks Bucketeer! The video gave me a better understanding of who this guy Ross Ulbricht really was.

Have a good 2020 and keep on stacking and hodling!

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Thu Jan 02, 2020

Omicron13 wrote:Thanks Bucketeer! The video gave me a better understanding of who this guy Ross Ulbricht really was.

Have a good 2020 and keep on stacking and hodling!


Bitcoin: 4 Big Competitive Advantages Over Altcoins In 2020
https://www.zerohedge.com/crypto/bitcoin-4-big-competitive-advantages-over-altcoins-2020

Just HODL.....don't worry about the price. You'll be rich.
Gentlemen prefer Engelhard.

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Thu Jan 02, 2020

Hey....my town now has a Bitcoin ATM. We have a population of 15K.

That's adoption, and you should consider getting on board.

Bitcoin will fluctuate, but it isn't gonna go to ZERO.

I told you in 01/2017 that Bitcoin was cheap at $1000 Now...$7400. :thumbup:
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