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-   -   Bitcoin Price is Headed to $25,000 Despite Recent Setbacks: Researcher on CNBC - Bitcoin news (https://gfy.com/showthread.php?t=1279471)

ry0t 09-17-2017 05:15 AM

Bitcoin Price is Headed to $25,000 Despite Recent Setbacks: Researcher on CNBC - Bitcoin news
 
Bitcoin Price is Headed to $25,000 Despite Recent Setbacks: Researcher on CNBC - Bitcoin and Cryptocurrency News, Investment and Strategy provided by Bittox.com

nikki99 09-18-2017 06:43 AM

nice :thumbsup

onwebcam 09-18-2017 07:06 AM

If you actually watch the video he says the blockchain is the value and the "visa of the chain" doesn't really hold the value. You don't own a part of the blockchain holding bitcoin. You own a symbol of the blockchain. Grant it people have to use the coin to use the blockchain but he contradicts himself there.

Also the fraud transaction statement doesn't fly. If someone cons you out of bitcoin your bitcoin is gone forever. Zero chance of recovery. He actually meant counterfeiting.

Puting the two of those together he mentions it would cost you $30 billion to duplicate.. Again a false statement. It's being duplicated in altcoins/ICO's almost daily. Large corporations are building their own blockchains as well.

The future is in blockchain ownership. Bitcoin is the .com of crypto.


https://www.cnbc.com/video/2017/09/1...hit-25000.html

BlackCrayon 09-18-2017 07:32 AM

Quote:

Originally Posted by onwebcam (Post 22004369)
If you actually watch the video he says the blockchain is the value and the "visa of the chain" doesn't really hold the value. You don't own a part of the blockchain holding bitcoin. You own a symbol of the blockchain. Grant it people have to use the coin to use the blockchain but he contradicts himself there.

Also the fraud transaction statement doesn't fly. If someone cons you out of bitcoin your bitcoin is gone forever. Zero chance of recovery. He actually meant counterfeiting.

Puting the two of those together he mentions it would cost you $30 billion to duplicate.. Again a false statement. It's being duplicated in altcoins/ICO's almost daily. Large corporations are building their own blockchains as well.

The future is in blockchain ownership. Bitcoin is the .com of crypto.


https://www.cnbc.com/video/2017/09/1...hit-25000.html

.com is the top extension and only getting stronger. these new gtlds are dying out already. lots of people dropping them and even .brands are abandoning them.

onwebcam 09-18-2017 07:37 AM

Quote:

Originally Posted by BlackCrayon (Post 22004427)
.com is the top extension and only getting stronger. these new gtlds are dying out already. lots of people dropping them and even .brands are abandoning them.

Domains have their uniqueness. I'll expand on that later because I have a busy day ahead but in that short statement you can see where I'll be heading.


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