Bitcoin about to Pop

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pErvinalia
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Re: Bitcoin about to Pop

Post by pErvinalia » Wed Nov 28, 2018 5:08 am

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Scot Dutchy
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Re: Bitcoin about to Pop

Post by Scot Dutchy » Fri Nov 30, 2018 10:35 am

More scam:

Floyd Mayweather and DJ Khaled pay SEC cryptocurrency penalties
Boxer Floyd Mayweather Jr and music producer DJ Khaled will pay thousands of dollars to settle charges that they violated US financial laws.

The two cases are the first the SEC has brought over touting violations involving initial coin offerings or ICOs, a relatively new investment vehicle associated with crypto-currencies.

An ICO allows people to invest in a company by buying "tokens" or "coins" that it issues.

Despite the new language, the SEC has warned investors that it views many of the offerings as investments governed by existing securities laws.
"Wat is het een gezellig boel hier".

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rainbow
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Re: Bitcoin about to Pop

Post by rainbow » Sat Dec 01, 2018 9:06 am

laklak wrote:
Wed Nov 28, 2018 3:32 am
A friend of mine uses a homeopathic dentist. I have NO fucking idea how that's supposed to work.
It sucks?
:biggrin:
Fala cara de cú!

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Re: Bitcoin about to Pop

Post by rainbow » Sat Dec 01, 2018 9:15 am

pErvinalia wrote:
Wed Nov 28, 2018 1:08 am
That's nice, but I was responding to his claim that the con was over - i.e. everyone knows it's a con. If everyone knows it's a con, then it should be dead pretty soon (like all the actual cryptocurrency cons - which you guys probably don't know about, given how you have no problem discussing a subject you clearly are ignorant of).
Very often cons do not start out as cons.
The original idea of a crypto-currency was not necessarily set up to con people. However when the tricksters discovered that they could make a quick buck out of the gullible, then it all changed.
There are people such as my SIL and his nerdy friends who invested more money than they could afford, and are quietly hoping it will recover. While they are still there, a market will exist for buying in dips and selling on rallies. Going to zero value will take some time, but in reality the party is over. There are just a few punch drunk stragglers.
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Scot Dutchy
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Re: Bitcoin about to Pop

Post by Scot Dutchy » Sat Dec 01, 2018 9:22 am

Yep it is hovering on $4000 and not going anywhere fast. There are plenty like your SIL. Got in and cant get out. Waiting for the next mug to come along.
"Wat is het een gezellig boel hier".

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Re: Bitcoin about to Pop

Post by rainbow » Mon Dec 03, 2018 5:48 am

Fewer mugs, I'm afraid.
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Re: Bitcoin about to Pop

Post by Scot Dutchy » Mon Dec 03, 2018 8:11 am

That is the problem and that many forget. There is not an endless supply of them.
"Wat is het een gezellig boel hier".

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Re: Bitcoin about to Pop

Post by rainbow » Mon Dec 03, 2018 12:49 pm

Scot Dutchy wrote:
Mon Dec 03, 2018 8:11 am
That is the problem and that many forget. There is not an endless supply of them.
Image
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Re: Bitcoin about to Pop

Post by Scot Dutchy » Mon Dec 03, 2018 1:34 pm

Expensive enough. Nice mug which is why I avoid Amsterdam like the plague.
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Re: Bitcoin about to Pop

Post by Jason » Mon Dec 03, 2018 4:44 pm

Dipped another $200 today... disaster or opportunity? :ask:
Hooray! Onward to greater synthethis!

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Re: Bitcoin about to Pop

Post by Scot Dutchy » Mon Dec 03, 2018 6:33 pm

Jason wrote:
Mon Dec 03, 2018 4:44 pm
Dipped another $200 today... disaster or opportunity? :ask:
A massive risk IMHO. I would not touch with a barge pole.
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Re: Bitcoin about to Pop

Post by Hermit » Tue Dec 04, 2018 12:29 am

Jason wrote:
Mon Dec 03, 2018 4:44 pm
Dipped another $200 today... disaster or opportunity? :ask:
Still closed higher than six days ago. I look at it as a micro dead cat bounce. Look at this chart after clicking on "All". The drop is only barely detectable.

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Re: Bitcoin about to Pop

Post by rainbow » Tue Dec 04, 2018 6:02 am

Hermit wrote:
Tue Dec 04, 2018 12:29 am
Jason wrote:
Mon Dec 03, 2018 4:44 pm
Dipped another $200 today... disaster or opportunity? :ask:
Still closed higher than six days ago. I look at it as a micro dead cat bounce. Look at this chart after clicking on "All". The drop is only barely detectable.
You are ignoring the huge gains that Bitcoin has made against the Venezuelan Bolivar.
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Re: Bitcoin about to Pop

Post by pErvinalia » Tue Dec 04, 2018 6:03 am

Yo Jason, maybe hold onto your gear?
Bitcoin's mining difficulty just recorded it's second largest drop ever.

As miners have been throwing in the towel and closing up shop, the mining difficulty has been adjusting as well.

More about miners throwing in the towel can be seen here:

https://steemit.com/bitcoin/@jrcornel/b ... -the-towel

Basically, as there are less miners competing to solve equations, the difficulty adjusts downward in order to keep roughly the same number of blocks produced each week.
Today, the difficulty dropped by over 15%, which is the second largest drop, ever!
https://steempeak.com/bitcoin/@jrcornel ... culty-ever
Sent from my penis using wankertalk.
"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"My penis is VERY small" - Cunt.

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Re: Bitcoin about to Pop

Post by rainbow » Tue Dec 04, 2018 6:24 am

pErvinalia wrote:
Tue Dec 04, 2018 6:03 am
Yo Jason, maybe hold onto your gear?
Bitcoin's mining difficulty just recorded it's second largest drop ever.

As miners have been throwing in the towel and closing up shop, the mining difficulty has been adjusting as well.

More about miners throwing in the towel can be seen here:

https://steemit.com/bitcoin/@jrcornel/b ... -the-towel

Basically, as there are less miners competing to solve equations, the difficulty adjusts downward in order to keep roughly the same number of blocks produced each week.
Today, the difficulty dropped by over 15%, which is the second largest drop, ever!
https://steempeak.com/bitcoin/@jrcornel ... culty-ever
Keep this in mind when people say bitcoin is dying...

Those saying that bitcoin is dead because miners are underwater don't fully understand how the process works.
No we're saying that its dying because people are realising that it is a scam. Nothing to do with the miners.
Fala cara de cú!

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