bitcoin trading.

sabretoothtigger

I pay instantly with BTC all the time but sure it should be improved and the protocol isnt static so I'd agree it either innovates or another product replaces it.

Maybe thats what happens, if overall the entire enterprise isnt competitive vs alternatives it wont be any surprise. People expected this five years ago when it was on the news in 2013 I remember that expectation but its continued.

As a currency its already a thing, there isnt any flawless currency so thats not a big deal. Look up Jim Rickards who dislikes BTC or any crypto but acknowledges its use of currency, I'll see if I find a screencap of his main points.
The thing I disagree is when people say investment, at best its just speculation. Unless somebody here owned a share of a BTC enterprise or royalty share at least then thats an investment, just a plain wallet balance isnt any say. People who want to say they invested should at least hold a POS or proof of stake coin which is a form of blockchain which still uses wallets for confirmation of each transaction and shares fees. That makes more sense to me then POW or mining network where its become more business like since 2013

ExremelyCautiousSocialist

sabretoothtigger wrote: »

I pay instantly with BTC all the time but sure it should be improved and the protocol isnt static so I'd agree it either innovates or another product replaces it.

Maybe thats what happens, if overall the entire enterprise isnt competitive vs alternatives it wont be any surprise. People expected this five years ago when it was on the news in 2013 I remember that expectation but its continued.

As a currency its already a thing, there isnt any flawless currency so thats not a big deal. Look up Jim Rickards who dislikes BTC or any crypto but acknowledges its use of currency, I'll see if I find a screencap of his main points.
The thing I disagree is when people say investment, at best its just speculation. Unless somebody here owned a share of a BTC enterprise or royalty share at least then thats an investment, just a plain wallet balance isnt any say. People who want to say they invested should at least hold a POS or proof of stake coin which is a form of blockchain which still uses wallets for confirmation of each transaction and shares fees. That makes more sense to me then POW or mining network where its become more business like since 2013

Speculation is fine. Any profit i've made still paid for stuff the same.

fun4everyone

JohnRo wrote: »

Case closed then... same old, same old.

One day the ignorant on here will realise what they are missing and will try and pretend they understood all along.

ExremelyCautiousSocialist

fun4everyone wrote: »

One day the ignorant on here will realise what they are missing and will try and pretend they understood all along.

They'll also claim it 100% completely unpredictable.



Back in 1995 most people thought the internet was a fad:

https://www.youtube.com/watch?v=x3tlVE_QXm4&feature=youtu.be&t=26

Aegis

fun4everyone wrote: »

One day the ignorant on here will realise what they are missing and will try and pretend they understood all along.

ExremelyCautiousSocialist wrote: »

They'll also claim it 100% completely unpredictable.



Back in 1995 most people thought the internet was a fad:

https://www.youtube.com/watch?v=x3tlVE_QXm4&feature=youtu.be&t=26

Playing up on the Fear of Missing Out isn't the same thing as making a rational case for why something should have a certain value. That's what's still missing from the bitcoin phenomenon - an actual demonstration of where the future value is supposed to come from other than a hope that one day bitcoin (as opposed to any number of alternative cryptos) will be adopted as a de facto currency by huge numbers of people and the scarcity will make it valuable. If you don't buy into that argument, it's just a greater fool speculation, nothing more.

BITCOINMEMBER

I'm thinking to trade wit h coinbase I know it's the best one.anyone knows about the fee?

ColdIron

You're not living up to your user name very well then

eskbanker

ColdIron wrote: »

You're not living up to your user name very well then

Well, not all of it anyway....

ColdIron

8 meaningless posts in half an hour? There's a dreadful inevitability about cocuru

sveltocome

I think bitcoin will test the fibo resistance (where the neckline also is now) and bounce back down to renew the local low. But I dont think it will go much down cuz we have still the impulse structure up (if you trust Elliot I really do) and I believe after the retest of the support on my chart btc usd'll go up again. Otherwise I'll wait untill it breaks up the neckline and buy there.