[Finance] Bitcoin, ten fold in 1 year

[nicko31]

Thought I'd seen it all in the year 2000. The lot of people are going to get burnt at some point

 

[Bold Seagull]

Money for nothing and your chicks for free

 

[Icy Gull]

Money for nothing and your chicks for free

Are you in dire straits?

 

[beorhthelm]

fun isnt it? quite wonderous amounts of delusion from people coming into it that this the future of money etc, some think this is perfectly normal, not a bubble at all and it will go another 10x or get to 100k in few years. on the other hand, im holding my small amount until price is 40-50k

 

[Albion Dan]

To be honest I don’t think anyone knows how far it will go. Block chain technology and digital currency really will be the future and would only take a few big players to adopt it and the acquisition and usage technology simplify to see it go much further still. Could of course go the other way and one of the new players come through in the longer term.


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[vegster]

Thought I'd seen it all in the year 2000. The lot of people are going to get burnt at some point

View attachment 90761

What does it mean ?

 

[knocky1]

What does it mean ?

Spondoolicks, pure and simple.

 

[beorhthelm]

What does it mean ?

lots of nerds who bought bitcoin low (the bit to the left) could now sell high (the bit to the right) for a large profit.

 

[vegster]

lots of nerds who bought bitcoin low (the bit to the left) could now sell high (the bit to the right) for a large profit.

I only found out today that, in fact, I am a nerd.....I never bought Bitcoin though.. bugger, I'm not even a proper nerd

 

[Herr Tubthumper]

fun isnt it? quite wonderous amounts of delusion from people coming into it that this the future of money etc, some think this is perfectly normal, not a bubble at all and it will go another 10x or get to 100k in few years. on the other hand, im holding my small amount until price is 40-50k

I lost mine in the MontGx debacle. I’m now party to a Japanese court case which I haven’t got a clue about.

 

[Normski1989]

The big question is... when to cash out?

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[beorhthelm]

I lost mine in the MontGx debacle. I’m now party to a Japanese court case which I haven’t got a clue about.

gutting, though i recall they did recover some from he operators? wont be the last scandal, theres a lot of scammy projects especially with the ICOs running unregulated investments. some people will lose a lot from crypto currency, but others will gain a lot.

 

[nicko31]

Is this the biggest ponzi scheme in the history of the world?

 

[Blue Valkyrie]

Arn't bitcoins just worth what people will pay for them ?

As soon as someone points out that the emperor has no clothes, the mugs who got in late will lose the lot ?

 

[5ways]

Arn't bitcoins just worth what people will pay for them ?

As soon as someone points out that the emperor has no clothes, the mugs who got in late will lose the lot ?

I think so...

 

[WATFORD zero]

Might be time to get out

https://www.theguardian.com/technology/2017/oct/12/harry-redknapp-cryptocurrency-electroneum-twitter

 

[Bold Seagull]

Once we get the advert:

"Bitcoin...that will do nicely"

I'm in.

 

[Notters]

I'm watching Maidsafe. Their plan is, essentially, to replace the internet! https://maidsafe.net/

The problem with bitcoin is you have this every expanding large file (the blockchain) which records everything. Maidsafe does away with that whilst keeping the security.



They're also a British-based company, set up by university professors and the like.

 

[Exile]

Arn't bitcoins just worth what people will pay for them ?

Is that not true of absolutely everything?

 

[Normski1989]

Is that not true of absolutely everything?

My thoughts exactly.

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