BITCOIN

deejaybee

Hi again,

I opened up a Coinbase account yesterday early evening ( including uploading passport ) and this morning i still cannot buy.

I dont know whether its because the document verification takes a certain amount of time ?  If i click on "buy/sell" i get the pop up requesting driving license / passport etc upload, but i have already done this, i am concerned that if i upload passport again, it will confuse things even more.  I can log in and out fine, and have verified debit card.

Anyone had similar issues ?

Scottex99

steampowered said:

Scottex99 said:

Nobody took me up on this before, lets have a bet. BTC is closer to $100k than $0. You pick the timeframe and the amount. £1/£10/£100/£1000, whatever you want. Loser pays the other's charity.

Let's at least make it fun for me to prove you wrong, which I will. Or better yet, Bitcoin will 

If you are so confident that you know what will happen to the price of bitcoin, why don't you put your money where your mouth is and short it? 

Read the thread, I'm about as long as it gets

Scottex99

benbay001 said:

Scottex99 said:

I'd never say never but at this stage with big corps getting in and JPM, Citi etc etc all having a look I'd say highly unlikely now.

Wait, what? JPM and Citi are holding crypto?

Lol, and it all starts making sense....

Do you think we just make stuff up? Everyone with half a brain has/is going to try to buy BTC

Scottex99

HansOndabush said:

Bitcoin could go to any price $100K, $1m, anything which still would not prove it isn't just a bubble and might go to $0

Hahaha, well thats pretty fckn boring and we need a timescale to have this bet too.
By 01/01/2023 if BTC hasn't gone to $0, you pay my charity £1k, I do the same for you if it does

Scottex99

deejaybee said:

Hi again,

I opened up a Coinbase account yesterday early evening ( including uploading passport ) and this morning i still cannot buy.

I dont know whether its because the document verification takes a certain amount of time ?  If i click on "buy/sell" i get the pop up requesting driving license / passport etc upload, but i have already done this, i am concerned that if i upload passport again, it will confuse things even more.  I can log in and out fine, and have verified debit card.

Anyone had similar issues ?

Maybe just a timing thing? I'll DM you another option

benbay001

Scottex99 said:

benbay001 said:

Scottex99 said:

I'd never say never but at this stage with big corps getting in and JPM, Citi etc etc all having a look I'd say highly unlikely now.

Wait, what? JPM and Citi are holding crypto?

Lol, and it all starts making sense....

Do you think we just make stuff up? Everyone with half a brain has/is going to try to buy BTC

Nope, i just wanted a link to an article that spelt out that actually, JPM and Citi arent buying crypto, but are actually simply offering crypto as an investment vehicle to clients. A whole world of difference.
No different really than them offering clients soy bean futures. It doesnt mean they are bullish on the futures of soybeans.

Scottex99 said:

HansOndabush said:

Bitcoin could go to any price $100K, $1m, anything which still would not prove it isn't just a bubble and might go to $0

Hahaha, well thats pretty fckn boring and we need a timescale to have this bet too.
By 01/01/2023 if BTC hasn't gone to $0, you pay my charity £1k, I do the same for you if it does

Make the date 2033, and the target price no higher than it is today. Id take that.

Scottex99

benbay001 said:

Scottex99 said:

benbay001 said:

Scottex99 said:

I'd never say never but at this stage with big corps getting in and JPM, Citi etc etc all having a look I'd say highly unlikely now.

Wait, what? JPM and Citi are holding crypto?

Lol, and it all starts making sense....

Do you think we just make stuff up? Everyone with half a brain has/is going to try to buy BTC

Nope, i just wanted a link to an article that spelt out that actually, JPM and Citi arent buying crypto, but are actually simply offering crypto as an investment vehicle to clients. A whole world of difference.
No different really than them offering clients soy bean futures. It doesnt mean they are bullish on the futures of soybeans.

Scottex99 said:

HansOndabush said:

Bitcoin could go to any price $100K, $1m, anything which still would not prove it isn't just a bubble and might go to $0

Hahaha, well thats pretty fckn boring and we need a timescale to have this bet too.
By 01/01/2023 if BTC hasn't gone to $0, you pay my charity £1k, I do the same for you if it does

Make the date 2033, and the target price no higher than it is today. Id take that.

You honestly think that giant banks are offering BTC to clients and not taking a position in it themselves? The fastest growing asset of all time? The hardest form of decentralised money that that there is? Cool.

I dont mind coming back here to gloat at any time but i'd draw the line at 12 years from now. 

I'll make it easier then, BTC goes under $20k ever again, someone just @ me here and I'll give a grand to charity. I'll probably do similar at $100k too, just for fun

Scottex99

Happy to hear any decent suggestions, I'll do some googling when BTC is at $95k

HansOndabush

Scottex99 said:

benbay001 said:

Scottex99 said:

benbay001 said:

Scottex99 said:

I'd never say never but at this stage with big corps getting in and JPM, Citi etc etc all having a look I'd say highly unlikely now.

Wait, what? JPM and Citi are holding crypto?

Lol, and it all starts making sense....

Do you think we just make stuff up? Everyone with half a brain has/is going to try to buy BTC

Nope, i just wanted a link to an article that spelt out that actually, JPM and Citi arent buying crypto, but are actually simply offering crypto as an investment vehicle to clients. A whole world of difference.
No different really than them offering clients soy bean futures. It doesnt mean they are bullish on the futures of soybeans.

Scottex99 said:

HansOndabush said:

Bitcoin could go to any price $100K, $1m, anything which still would not prove it isn't just a bubble and might go to $0

Hahaha, well thats pretty fckn boring and we need a timescale to have this bet too.
By 01/01/2023 if BTC hasn't gone to $0, you pay my charity £1k, I do the same for you if it does

Make the date 2033, and the target price no higher than it is today. Id take that.

You honestly think that giant banks are offering BTC to clients and not taking a position in it themselves? The fastest growing asset of all time? The hardest form of decentralised money that that there is? Cool

Hard money is gold and silver. Hint 'hard i.e. not a paper IOU or some number in the ether. Look up the original definition of hard money; you will also find the definition includes 'stable' such that you can transact with for goods and services. Bitcoin does not meet that criteria. I can show you a gold sovereign in my hand, that is hard money; you can't show me a Bitcoin in your hand, only some number on a computer.
Bitcoin is being touted as hard money and a store of value, neither of which are strictly true. 

Scottex99

HansOndabush said:

Scottex99 said:

benbay001 said:

Scottex99 said:

benbay001 said:

Scottex99 said:

I'd never say never but at this stage with big corps getting in and JPM, Citi etc etc all having a look I'd say highly unlikely now.

Wait, what? JPM and Citi are holding crypto?

Lol, and it all starts making sense....

Do you think we just make stuff up? Everyone with half a brain has/is going to try to buy BTC

Nope, i just wanted a link to an article that spelt out that actually, JPM and Citi arent buying crypto, but are actually simply offering crypto as an investment vehicle to clients. A whole world of difference.
No different really than them offering clients soy bean futures. It doesnt mean they are bullish on the futures of soybeans.

Scottex99 said:

HansOndabush said:

Bitcoin could go to any price $100K, $1m, anything which still would not prove it isn't just a bubble and might go to $0

Hahaha, well thats pretty fckn boring and we need a timescale to have this bet too.
By 01/01/2023 if BTC hasn't gone to $0, you pay my charity £1k, I do the same for you if it does

Make the date 2033, and the target price no higher than it is today. Id take that.

You honestly think that giant banks are offering BTC to clients and not taking a position in it themselves? The fastest growing asset of all time? The hardest form of decentralised money that that there is? Cool

Hard money is gold and silver. Hint 'hard i.e. not a paper IOU or some number in the ether. Look up the original definition of hard money; you will also find the definition includes 'stable' such that you can transact with for goods and services. Bitcoin does not meet that criteria. I can show you a gold sovereign in my hand, that is hard money; you can't show me a Bitcoin in your hand, only some number on a computer.
Bitcoin is being touted as hard money and a store of value, neither of which are strictly true. 

You're a lost cause mate, all of this has been answered about 40 times in this thread alone.

Your argument is it has no fundamental value, it may go to $100k or $1m but it's certainly going to 0, you're just not sure exactly when? 

We get it, you're never going to get involved, you don't need to keep telling us. Just let us crack on and you can sit on the sidelines wondering what is happening. 

HFSP