Bitcoin mania rockets

biometrics said:
Those companies have real underlying value unlike bitcoin which is used for drug deals, money laundering and speculation.
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You know you are talking k@k now right?

Or is this still in character?
 
Ockie said:
Better close down the JSE, NYSE LSE then.
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I am aware of the fundamentals of the currency thank you, including how risky it is. If you are prepared to expose yourself to that type of risk the reward is relative.

I think my money would be better invested somewhere else like property or expanding my business instead of a volatile gamble that can be instaniously crushed over night by a change in law's.

Considering the birth place of this currency the more it is regulated the less valuable it will be to the biggest stock holder's.

I am by no means a investment guru but I have done well in business thus far following my gut and will continue to use that intuition.
 
Thor

When one of the BTC wallets or exchanges or whatever crashes and burns and wipes out your hodlings... PLEASE PLEASE PLEASE include us in your correspondence with them?!
 
Sinbad said:
Thor

When one of the BTC wallets or exchanges or whatever crashes and burns and wipes out your hodlings... PLEASE PLEASE PLEASE include us in your correspondence with them?!
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His private keys allow recovery. The internet needs to die in order for his holdings to be wiped out. Exchanges are obviously a different story but nobody should be holding there.
 
Sinbad said:
Thor

When one of the BTC wallets or exchanges or whatever crashes and burns and wipes out your hodlings... PLEASE PLEASE PLEASE include us in your correspondence with them?!
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That is why the general advice is to hold your own keys, dont leave it on the exchange.
 
Sinbad said:
Thor

When one of the BTC wallets or exchanges or whatever crashes and burns and wipes out your hodlings... PLEASE PLEASE PLEASE include us in your correspondence with them?!
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There won't be any humans left on earth, because only a nuclear global Armageddon can wipe out bitcoin, it's an internet protocol.
 
biometrics said:
You disagree?
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I get it, your the conservative type,

Never visit a casino, never take ANY risks,never play the lotto/powerball ect

There is a certain joy to it I gather.
Some might definitely agree with it, especially older generations, get a good job, work for 40 years, get your pension and live comfortably on it.

But some people, want to bet small and potentially do very well, roll the dice and see what happens.

Its like playing the roulette,
Sometimes you win, sometimes you don't,
If you prepared to live with that, then why not? Especially if its small amounts each time.

Nobody begging you to go nuts biometrics, and put your life saving on BTC, who would?

But as a experiment that got some small rewards, that got potential to be larger rewards, and relatively inexpensive to hold and see what goes down,
Its really not such a bad idea.

If you know where to draw the line, that is.

And this morons that run around screaming, its worthless drivel, I say,

You didn't understand PC's when they came out,internet, and even bittorrent.

Feel free to be left far far behind.
Its a experiment that got potential, to change how we think and use cash in the 21 century.

One where governments and giant corporations are on equal footing with Joe public.
 
eg2505 said:
I get it, your the conservative type,

Never visit a casino, never take ANY risks,never play the lotto/powerball ect

There is a certain joy to it I gather.
Some might definitely agree with it, especially older generations, get a good job, work for 40 years, get your pension and live comfortably on it.

But some people, want to bet small and potentially do very well, roll the dice and see what happens.

Its like playing the roulette,
Sometimes you win, sometimes you don't,
If you prepared to live with that, then why not? Especially if its small amounts each time.

Nobody begging you to go nuts biometrics, and put your life saving on BTC, who would?

But as a experiment that got some small rewards, that got potential to be larger rewards, and relatively inexpensive to hold and see what goes down,
Its really not such a bad idea.

If you know where to draw the line, that is.

And this morons that run around screaming, its worthless drivel, I say,

You didn't understand PC's when they came out,internet, and even bittorrent.

Feel free to be left far far behind.
Its a experiment that got potential, to change how we think and use cash in the 21 century.

One where governments and giant corporations are on equal footing with Joe public.
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I have started five companies in 27 years, so I bet big. I don't gamble though.
 
semaphore said:
So because its not an adopted protocol its not a protocol? :erm: You should perhaps go read how it works.
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Thor said it's an internet protocol implying it's a formal internet protocol. It's not. I've been coding for 35 years so I know the difference.

Jesus but bitcoin fans are touchy.
 
biometrics said:
I have started five companies in 27 years, so I bet big. I don't gamble though.
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Haha, semantic games with slightly differing words to describe activities based on probability. I've only ever heard blowhards make the distinction between betting and gambling, and it's usually when they're on a losing streak trying to convince themselves (and others) that they did the right thing.
 
garp said:
Haha, semantic games with slightly differing words to describe activities based on probability. I've only ever heard blowhards make the distinction between betting and gambling, and it's usually when they're on a losing streak trying to convince themselves (and others) that they did the right thing.
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The difference is using your skills vs rolling a dice.
 
biometrics said:
Thor said it's an internet protocol implying it's a formal internet protocol. It's not. I've been coding for 35 years so I know the difference.

Jesus but bitcoin fans are touchy.
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And you're unable to see the value of blockchain tech and where the future is heading?
 
Temujin said:
And you're unable to see the value of blockchain tech and where the future is heading?
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I never said anything bad about blockchain tech, feel free to check my post history.

I'm concerned about the bitcoin bubble and people losing money when it crashes.

Good god but bitcoin fans can be thick.
 
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