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Old 10-14-2017, 03:15 PM   #1
PikaPoka
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:2cents Bitcoin 14.500USD

See you in 2018

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Old 10-14-2017, 03:19 PM   #2
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Old 10-14-2017, 03:27 PM   #3
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if one bitcoin is 25,000-50,000 usd, will they stop printing paper money for btc?
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Old 10-14-2017, 03:32 PM   #4
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Old 10-14-2017, 03:38 PM   #5
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I think Bitcoin is worth a high-risk small investment bet even at this stage. In 20 years time I doubt very much it will be anything close to what it is now. Probably either little more than zero or considerably more than $100,000. The former is more likely, but the latter a good outside bet.

It's a bit like buying a lottery ticket for $1,000 knowing there are probably only 10 tickets and the winning ticket is worth a million dollars.
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Old 10-14-2017, 03:42 PM   #6
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25k yes bill gates said it
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Old 10-14-2017, 04:08 PM   #7
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What will one USD buy when one BTC is worth 25k USD?
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Old 10-15-2017, 03:33 PM   #8
Paul Markham
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Bitcoin surprised me.
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Old 10-15-2017, 03:50 PM   #9
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What will one USD buy when one BTC is worth 25k USD?
One USD will buy you a twinkie. One BTC will buy you a decent car.
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Old 10-15-2017, 04:21 PM   #10
Matt 26z
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BTC collapses when the US government puts the same account regulations on it as banks.
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Old 10-15-2017, 05:04 PM   #11
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I think Bitcoin is worth a high-risk small investment bet even at this stage. In 20 years time I doubt very much it will be anything close to what it is now. Probably either little more than zero or considerably more than $100,000. The former is more likely, but the latter a good outside bet.

It's a bit like buying a lottery ticket for $1,000 knowing there are probably only 10 tickets and the winning ticket is worth a million dollars.
there is no doubt that bitcoin is overheated through speculations and anonymous use of it.

the value is actually in the fact of the limitation and that the processing power is too small to hack it.

but what happens when the first quantum processors are here ?

the speed of them will be million times faster as the fastest computers exiting.
in less than a week such a computer would be able to hack the codes of all existing bitcoins in the world.

and bitcoin is either secured with productivity nor with gold or any other guarantees.
it just have value because people believe in it. in some indopacific islands they still pay with sea shells - and as long the people accept that as a currency it will work.

the biggest problem on bitcoin is that the concept is too easy to copy.
even when bitcoin is limited who says that 1000 other crypt-currencies will follow (there are already a few) and what do they represent?

money - whatever money it is - must be the equivalent to the goods you can buy with.
if there is more money than goods it will lose value.

the good thing on that is that this generation can learn and view the complete thousands of years evolution of money within a decade. and hopefully they will understand better what money is after the big bang.
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Old 10-15-2017, 05:15 PM   #12
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The us government could shut them down simply because they feel like it..." We had a bad hair day and decided to shut down exchangers...tough cheese"...
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Old 10-15-2017, 05:44 PM   #13
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BTC collapses when the US government puts the same account regulations on it as banks.
Fuck the government. Fuck the banks.
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Old 10-16-2017, 03:25 AM   #14
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I am learning Cryptocurrencies, here in Prague.

I have some BTC, ETH and LTC. Yesterday was like watching a Trampoline gymnast. UP, down, UP.

Where are your favorite sites to buy/sell/trade?

I use Coinbase.

I also use BitCoin ATMs here in Prague. Some sell multiple coins.

I am adding others.
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Old 12-07-2017, 01:54 AM   #15
PikaPoka
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Ok, I didn't know 2018 will come so early :P
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Old 12-07-2017, 02:44 AM   #16
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This is actually very interesting subject. I'm interested in mining, but not sure yet.
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Old 12-07-2017, 03:03 AM   #17
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What's the best bitcoin exchange in EU?
is localbitcoins.com okay?
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Old 12-07-2017, 03:20 AM   #18
PikaPoka
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What's the best bitcoin exchange in EU?
is localbitcoins.com okay?
Yes, but keep in mind here you exchange with other people. No platform is involved.
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Old 12-07-2017, 03:35 AM   #19
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Ok, I didn't know 2018 will come so early :P
Haha nice one
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Old 12-07-2017, 03:49 AM   #20
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BTC collapses when the US government puts the same account regulations on it as banks.
haha

... oh wait, you weren't kidding?
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Old 12-07-2017, 08:42 AM   #21
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crazy! going up $1000+ per day for the last few days...
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Old 12-07-2017, 05:21 PM   #22
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haha

... oh wait, you weren't kidding?
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