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 » Wed Jan 30, 2019

Bitcoinist: BITCOIN PRICE - FINANCIAL ADVISORS TARGETING $17,571 IN DEC 2023
https://bitcoinist.com/bitcoin-price-financial-advisors-targeting-17571-in-dec-2023/
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Jan 30, 2019

Bitcoinist: BITCOIN TAXES: 61% OF HOLDERS WON’T REPORT LOSSES TO IRS.
https://bitcoinist.com/bitcoin-taxes-report-losses-irs/
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Jan 30, 2019

News BTC: Coinbase CEO: Full Promise Of Bitcoin (BTC) Yet To Be Realized, Still in Very Early Stage.
https://www.newsbtc.com/2019/01/28/coinbase-ceo-promise-bitcoin-yet-to-be-realized/
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Jan 30, 2019

Gentlemen prefer Engelhard.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Mon Feb 04, 2019

Cointelegraph: Kraken Buys UK Exchange Crypto Facilities for at Least $100 Million
https://cointelegraph.com/news/kraken-buys-uk-exchange-crypto-facilities-for-at-least-100-million
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jcz1
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Re: Bitcoins - fad or trend?

Postby jcz1 » Mon Feb 04, 2019

This seems like poor business planning:

Crypto Exchange Says It Can't Repay $190 Million to Clients After Founder Dies With Only Password

https://gizmodo.com/crypto-exchange-say ... 1832309454

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Mon Feb 04, 2019

That is extremely poor business planning, and also a very poor selection by the investors.

Everybody knows, or should know, that you hold your Bitcoin off the exchange in a cold-storage wallet. That isn't breaking news, Silver Doge, myself, and the media have been preaching this for mantra for a long time.

Keeping your private keys "private" is your responsibility. Too bad for the investors, but it is just another example of how money doesn't equate with intelligence (or simple common sense). There is no FDIC with Bitcoin.

This is a quote from the article:

“This is a tough lesson learned,” Calgary customer Elvis Cavalic told CBC, adding that he had been unable to withdraw $15,000 in holdings in October 2018.

“I would probably avoid [cryptocurrency] in the future,” Cavalic said. “They’ve left us completely in the dark. I’m kind of preparing for the worst.”


"Kind of preparing"? This is "game over man". I pity you fools.

It is a good day for Bitcoin. 26,500 Bitcoins are probably lost forever, so every other "safely guarded" Bitcoin becomes more precious and valuable.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Sat Feb 09, 2019

Bix Weir: Crypto Traders Bleeding Red!

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Feb 20, 2019

The new Samsung Galaxy S10 has a Bitcoin wallet (crypto) onboard!
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Feb 20, 2019

Wonder if it comes with a PayPal app installed too? <snicker>
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Re: Bitcoins - fad or trend?

Postby Silversaving » Wed Feb 20, 2019

Bucketeer wrote:The new Samsung Galaxy S10 has a Bitcoin wallet (crypto) onboard!


Nice try IRS!
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Re: Bitcoins - fad or trend?

Postby tdtwedt » Thu Feb 21, 2019

Once hailed as unhackable, blockchains are now getting hacked

More and more security holes are appearing in cryptocurrency and smart contract platforms, and some are fundamental to the way they were built.


https://www.technologyreview.com/s/6129 ... ng-hacked/

:pop:
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Re: Bitcoins - fad or trend?

Postby jcz1 » Thu Feb 21, 2019

The domain in the link in the post above just says tech review, but the full name is MIT Tech Review, so there is some weight behind it. From the About Us:

Founded at the Massachusetts Institute of Technology in 1899, MIT Technology Review derives its authority from the world's foremost technology institution and from our editors' deep technical knowledge, capacity to see technologies in their broadest context, and unequaled access to leading innovators and researchers. Accuracy and independence are our highest priorities: our coverage is independent of any influence, including our ownership by MIT

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Thu Feb 21, 2019

It hasn't happened to Bitcoin, and money can be counterfeited.

Actually, that discussion belongs in Alt-coins topic.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Thu Feb 21, 2019

Now that Samsung is acknowledging Bitcoin, I wonder who the next big player will be?

Interesting too. Samsung has their own payment system, I guess it works as well as Google Wallet (a noted failure).

Maybe the lack of decentralization?
Last edited by Bucketeer on Thu Feb 21, 2019, edited 1 time in total.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Thu Feb 21, 2019

Apple and Goldman Sachs have teamed-up to introduce a credit card specifically for use on the iPhone.

No wonder Apple is starting to come apart at the seams.

What would Jobs do? Sad

https://www.wsj.com/articles/apple-goldman-sachs-team-up-on-credit-card-paired-with-iphone-11550750400
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Fri Feb 22, 2019

NewsBTC: CME Bitcoin Futures See Record Volumes, Crucial Signal For Rising Institutional Demand.
https://www.newsbtc.com/2019/02/22/record-daily-bitcoin-futures-volume/
When new products that offer physically settled contracts hit the market, they will be paying out in BTC which will drive massive momentum for crypto markets.

Get ready HODLers!
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Fri Feb 22, 2019

Gentlemen prefer Engelhard.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Fri Feb 22, 2019

CCN: Samsung Blockchain Wallet Will Tutor You to Store Your Bitcoin, Ethereum on Galaxy S10.
https://www.ccn.com/samsung-galaxy-s10-blockchain-crypto-wallet
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Sat Feb 23, 2019

EWN: Whether You Bought Bitcoin (BTC) at $1,800 or $3,000 Won’t Matter in 5 Years: Crypto Analyst.
https://ethereumworldnews.com/bought-bitcoin-1800-3000-wont-matter-five-years-crypto-analyst/
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