Author Topic: BTC - Rise from $800 - I told you so (Read 8644 times)

muscleman-2013 · « **on:** December 21, 2016, 04:00:44 AM »

the future is bright for people with vision

Mr Anabolic · « **Reply #1 on:** December 21, 2016, 04:19:12 AM »

Don't worry, the IRS is on it.

ProudVirgin69 · « **Reply #2 on:** December 21, 2016, 07:53:10 AM »

muscleman-2013 · « **Reply #3 on:** December 21, 2016, 11:56:14 PM »

we live in an age of visionaries

btc $860

and it's only going to keep getting better

muscleman-2013 · « **Reply #4 on:** December 27, 2016, 04:49:39 AM »

the next 8 years are full of potential for visionaries

ratherbebig · « **Reply #5 on:** December 27, 2016, 04:57:27 AM »

ronnie coleman!!

_aj_ · « **Reply #6 on:** December 27, 2016, 05:51:00 AM »

It's value is based on its scarcity and its scarcity is based on a degenerative "mining" algorithm that was written by Satoshi originally. People smarter than me have looked at the algo and determined that it is legit, but even a tiny weakness could be exploited to effectively blow the scarcity-value all to hell and any investment in BTC would be lost.

Even being in the biz (or maybe BECAUSE I am in the biz), I am still skeptical of BTC as anything other than a very short term anonymous storage of value. I am in and immediately out as necessary.

Yamcha · « **Reply #7 on:** December 27, 2016, 05:54:23 AM »

Pedophile money

FitnessFrenzy · « **Reply #8 on:** December 27, 2016, 06:04:00 AM »

I find Bitcoin to be fascinating, even though I never invested in it. It has an advantage over many of the other crypto currencies because of its widespread use.

Irongrip400 · « **Reply #9 on:** December 27, 2016, 06:27:09 AM »

How do you even use it? It's not like you can go to the store and buy bread with it, right?

Board_SHERIF · « **Reply #10 on:** December 27, 2016, 06:50:32 AM »

Quote from: _aj_ on December 27, 2016, 05:51:00 AM

It's value is based on its scarcity and its scarcity is based on a degenerative "mining" algorithm that was written by Satoshi originally. People smarter than me have looked at the algo and determined that it is legit, but even a tiny weakness could be exploited to effectively blow the scarcity-value all to hell and any investment in BTC would be lost.

Even being in the biz (or maybe BECAUSE I am in the biz), I am still skeptical of BTC as anything other than a very short term anonymous storage of value. I am in and immediately out as necessary.

how does it hold it value? based on 01010101 instead of gold etc?

_aj_ · « **Reply #11 on:** December 27, 2016, 09:54:57 AM »

Quote from: Board_SHERIF on December 27, 2016, 06:50:32 AM

how does it hold it value? based on 01010101 instead of gold etc?

The laws of supply and demand. As long as supply is low and there is demand, the price curve adjusts. Upset either and you'll get wild fluctuations in price.

muscleman-2013 · « **Reply #12 on:** January 02, 2017, 03:45:00 AM »

here's to all you stupid goyim retards that mock me BTC $1000

i know life is hard for some of you guys that couldn't pass basic math

but you really need to learn to listen to your intellectual betters

TheShape. · « **Reply #13 on:** January 02, 2017, 05:43:24 AM »

But did you yourself buy Bitcoin?

Mr Anabolic · « **Reply #14 on:** January 02, 2017, 05:44:12 AM »

Quote from: muscleman-2013 on January 02, 2017, 03:45:00 AM

here's to all you stupid goyim retards that mock me

i know life is hard for some of you guys that couldn't pass basic math

but you really need to learn to listen to your intellectual betters

http://www.getbig.com/boards/index.php?topic=623777.msg8672547#msg8672547

http://www.getbig.com/boards/index.php?topic=623993.msg8676145#msg8676145

Chinese just implemented capital controls over bitcoin. US government will do the same thing.

BTW, My local grocery store does not take bitcoin... neither does any other store I shop at. Bitcoin is nothing more than a tech nerds wet dream. Better cash them all in now before the price crashes again.

muscleman-2013 · « **Reply #15 on:** January 03, 2017, 11:04:57 PM »

Quote from: TheShape. on January 02, 2017, 05:43:24 AM

But did you yourself buy Bitcoin?

yes sir i deeeed

muscleman-2013 · « **Reply #16 on:** January 03, 2017, 11:05:56 PM »

Quote from: Mr Anabolic on January 02, 2017, 05:44:12 AM

Chinese just implemented capital controls over bitcoin. US government will do the same thing.

BTW, My local grocery store does not take bitcoin... neither does any other store I shop at. Bitcoin is nothing more than a tech nerds wet dream. Better cash them all in now before the price crashes again.

cool story - meanwhile i can sell my btc for

1,069 USD right now

Mr Anabolic · « **Reply #17 on:** January 04, 2017, 04:48:41 AM »

Quote from: muscleman-2013 on January 03, 2017, 11:05:56 PM

cool story - meanwhile i can sell my btc for

1,069 USD right now

You could, but you won't because of your arrogance and greed. It will crash again in 2017 and you will be a bag holder.

El Diablo Blanco · « **Reply #18 on:** January 04, 2017, 06:27:55 AM »

Goyim? Fucking heeb

Yamcha · « **Reply #19 on:** January 04, 2017, 06:46:41 AM »

Quote from: El Diablo Blanco on January 04, 2017, 06:27:55 AM

Goyim? Fucking heeb

*Shilling intensifies*

muscleman-2013 · « **Reply #20 on:** January 04, 2017, 12:54:00 PM »

Quote from: Mr Anabolic on January 04, 2017, 04:48:41 AM

You could, but you won't because of your arrogance and greed. It will crash again in 2017 and you will be a bag holder.

i have already sold some

then re-bought lower after slight correction in the last 12 hrs

current price 1106.00

El Diablo Blanco · « **Reply #21 on:** January 04, 2017, 01:14:38 PM »

Quote from: _aj_ on December 27, 2016, 05:51:00 AM

It's value is based on its scarcity and its scarcity is based on a degenerative "mining" algorithm that was written by Satoshi originally. People smarter than me have looked at the algo and determined that it is legit, but even a tiny weakness could be exploited to effectively blow the scarcity-value all to hell and any investment in BTC would be lost.

Even being in the biz (or maybe BECAUSE I am in the biz), I am still skeptical of BTC as anything other than a very short term anonymous storage of value. I am in and immediately out as necessary.

It's not hard to crack but just takes a lot of computing power and time. Those that got in early made real cash then the limit kicked in. I believe in a few more years all of the bitcoin will be mined and none left to gather. Now the computing cost vs what you get isn't worth it. A bunch of data center guys with unused machines were able to clean up years ago.

Mr Anabolic · « **Reply #22 on:** January 04, 2017, 02:42:36 PM »

Quote from: muscleman-2013 on January 04, 2017, 12:54:00 PM

i have already sold some

then re-bought lower after slight correction in the last 12 hrs

current price 1106.00

Ridiculous. Parabola/panic buying NEVER ends well.

muscleman-2013 · « **Reply #23 on:** January 04, 2017, 10:45:20 PM »

Quote from: Mr Anabolic on January 04, 2017, 02:42:36 PM

Ridiculous. Parabola/panic buying NEVER ends well.

Current price $1,166.44

I am holding

Tapeworm · « **Reply #24 on:** January 05, 2017, 12:34:43 AM »

As soon as you define its value in terms of traditional currency it's a dead end idea. The whole point was for bitcoin to be an online thing. Once people decide it's worth x dollars then we all just might as well use dollars online.