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Bitcoins/Cryptocurrency

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  • Wildsound
    Wildsound Posts: 365 Forumite
    Fifth Anniversary 100 Posts Photogenic
    Bitcoin is completely decentralised.
    1% that are not suffer from never being able to be entirely decentralised which is the entire point. Bitcoin will revolutionize the entire planet and there is nothing anybody can do to stop it. It's going to become the worlds reserve.
    You will regret it in the years to come.

    When the powers that shouldn't be take a hold of the technology and the concept (which they probably already have), you can kiss goodbye to any idea of decentralisation. Quite the opposite. 5G, everything becoming "smart" objects. Just imagine if it could all link in together under one "(de)centralised" system of control!
  • Linton
    Linton Posts: 18,188 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    Governments can control currencies quite easily by requiring that all taxes be paid in "coins of the realm" and all government payments to be similarly restricted. That is why single national currencies appeared in the first place.
  • capital0ne
    capital0ne Posts: 872 Forumite
    500 Posts Second Anniversary
    Malthusian wrote: »
    Either it clearly does, or the thousands of criminals who use it for transferring money around want to be caught. Which do you think is correct?
    I believe Mr Zuckerberg is going to be dealing in his own version of bitcoins - say no more!
  • capital0ne wrote: »
    Zuckerberg is going to be dealing in his own version of bitcoins


    End result is likely brings more people into Bitcoin.:T
  • WillGates
    WillGates Posts: 39 Forumite
    Bitcoin over $9000 now!
  • ColdIron
    ColdIron Posts: 9,881 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    WillGates wrote: »
    Bitcoin and Ethereum at it again.
    Up over 100% this year.
    Will we see a new all time high?
    WillGates wrote: »
    Sunday surge to $8700
    WillGates wrote: »
    Up over 100% since beginning of April.
    WillGates wrote: »
    Bitcoin over $9000 now!

    Can we expect a blow by blow account during the inevitable price drops? You know, an objective and dispassionate commentary? Of course not, you're a ramper. But you know that we know that don't you ;)
  • fun4everyone
    fun4everyone Posts: 2,369 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 16 June 2019 at 8:30PM
    ColdIron wrote: »
    Can we expect a blow by blow account during the inevitable price drops? You know, an objective and dispassionate commentary? Of course not, you're a ramper. But you know that we know that don't you ;)

    And you are ignorant about Bitcoin, but you already know that don't you?

    Best performing asset of the last decade. You can dismiss, hate and be as ignorant all you want. A lot of people feel threatened by Bitcoin, even if it is that they will end up looking stupid on forums.
    You will regret not buying now in the years to come.

    It is going to end up as the worlds reserve and it will beat golds market cap in <10 years.
  • ColdIron
    ColdIron Posts: 9,881 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    Look. I'd had a lovely supper, and all I said to my wife was, 'That piece of halibut was good enough for Jehovah.' :p
  • Ash_Pole
    Ash_Pole Posts: 342 Forumite
    Part of the Furniture 100 Posts Name Dropper
    It is going to end up as the worlds reserve and it will beat golds market cap in <10 years.

    To achieve this it will have to hit over $370,000. Good luck.
  • ColdIron wrote: »
    Of course not, you're a ramper. But you know that we know that don't you ;)


    Many people into crypto believe Bitcoin to be a productive step for society. Price is one measure of validation.
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