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mce 12-17-2020 03:53 AM

I was right about BITCOIN
 
100K USD soon!

Let's put it this way, Central Banks have been fucking whole populations raw for far too long....

You can only get away with saying "TRUST ME" for so long, ya feel me?

Sergio 12-17-2020 04:26 AM


nikki99 12-17-2020 06:59 AM

100k soon!!!!! :thumbsup

Paul&John 12-17-2020 08:32 AM

that video never gets old

djroof 12-17-2020 10:18 AM

Quote:

Originally Posted by Paul&John (Post 22790782)
that video never gets old

hahahaha yes :1orglaugh:1orglaugh

jscott 12-17-2020 10:28 AM

Central banks debasing fiat currency - Anything (esp Bitcoin) go up

Gold is not divisible, portable, spendable or provable scarce - Bitcoin better store of value

Responsible companies adding Bitcoin to their reserves - https://bitcointreasuries.org - rock on Bitcoin

It's logic & common sense

mce 12-17-2020 10:53 PM

Quote:

Originally Posted by jscott (Post 22790852)
Central banks debasing fiat currency - Anything (esp Bitcoin) go up

Gold is not divisible, portable, spendable or provable scarce - Bitcoin better store of value

Responsible companies adding Bitcoin to their reserves - https://bitcointreasuries.org - rock on Bitcoin

It's logic & common sense

Preach, brutha, PREACH!

https://i.imgur.com/RzOPQlT.jpg

jscott 12-17-2020 11:09 PM

i forgot to say most important part.....

AAAAAAMEN!!! :1orglaugh

mce 12-20-2020 12:40 AM

Quote:

Originally Posted by jscott (Post 22791192)
i forgot to say most important part.....

AAAAAAMEN!!! :1orglaugh

:thumbsup:thumbsup:thumbsup

PornDiscounts-V 12-20-2020 10:42 AM

Next good time to buy, after the Santa bubble bursts.

jscott 12-20-2020 11:18 AM

Quote:

Originally Posted by PornDiscounts-V (Post 22792443)
Next good time to buy, after the Santa bubble bursts.

according to Bitcoins history, everytime was a good time to buy. Before bubbles, after bubbles, regulation announcements, country bannings, literally, EVERY time (in 11 years since creation), was good buy, all in profit :thumbsup :thumbsup

anondev 12-20-2020 01:10 PM

Quote:

Originally Posted by jscott (Post 22792464)
according to Bitcoins history, everytime was a good time to buy. Before bubbles, after bubbles, regulation announcements, country bannings, literally, EVERY time (in 11 years since creation), was good buy, all in profit :thumbsup :thumbsup

Hello, how are you, my friend? How is your hard job to stay every day there and promote non usable Bitcoin Core with average $13 fee per transaction for idiots who don't know that when they will buy it they must pay at least $13 fee to move it each time... and fee will be higher later :-)

Btw, how are you Bitcoin BTC bags? Did you already move them to some exchange and sold to new idiots or still waiting for higher levels?

Idigmygirls 12-20-2020 01:10 PM

Quote:

Originally Posted by jscott (Post 22790852)
Central banks debasing fiat currency - Anything (esp Bitcoin) go up

Gold is not divisible, portable, spendable or provable scarce - Bitcoin better store of value

Responsible companies adding Bitcoin to their reserves - https://bitcointreasuries.org - rock on Bitcoin

It's logic & common sense

Gold has some huge advantages over Bitcoin, so I personally believe it is very important to own both. I own a lot of Bitcoin, but I own even more gold.

Bitcoin cannot be used at all on many occasions where you'd need it. If the power is out, if the internet goes down, if the internet is attacked - all of these are real potential problems in a crisis, and in a crisis, that's when you'll need something to use as money.

Bitcoin - and I'll keep saying this until it has happened - Bitcoin value will drop to zero when Quantum Supremacy is achieved. Once I can access the blockchain in zero time whenever i want, there is ZERO protection for Bitcoin. I know that there are quantum encryption discussions all the time about how Bitcoin *could* be made resistant, but without getting into it all here, those arguments are wishful thinking. It *may* be possible, if everyone that has Bitcoin agrees and acts with urgency and speed, but we've seen how easy it is to get everyone to act in the same way for the same purpose...

Most arguments against quantum computing issues with bitcoin involve concerns about an individual wallet being compromised, but the real issue is that the entire blockchain itself is vulnerable, and there's just no getting around that one. So Bitcoin has a terminal event that means it won't be able to exist forever. Gold will.

I'm a huge believer in Bitcoin and I think it has many years left where the value will go to the moon! But Gold is really cheap right now, and there will come a time in the near future where Gold becomes the fiat hedge once again. When that happens, I believe gold charts will look like BTC charts do today - they will go vertical. Imagine an ounce of gold trading at $30,000 like BTC will shortly. You can get in to Gold below $2000 right now.

Again, BTC is awesome for the next few years. Easy to buy and important to own. Gold will have its day too. Fiat is doomed.

jscott 12-20-2020 01:20 PM

Quote:

Originally Posted by anondev (Post 22792521)
Hello, how are you, my friend? How is your hard job to stay every day there and promote non usable Bitcoin Core with average $13 fee per transaction for idiots who don't know that when they will buy it they must pay at least $13 fee to move it each time... and fee will be higher later :-)

Btw, how are you Bitcoin BTC bags? Did you already move them to some exchange and sold to new idiots or still waiting for higher levels?

1. you're not my friend, ok my friend?

2. cry about fee, stfu and use Lightning, pennies to move any amount, you loser

discuss more, scum? lets go? every text you type reveals how retarded you are. Dont stop learning & thinking, ok bud

edit: anondev is scammy af. check other threads

jscott 12-20-2020 01:40 PM

Quote:

Originally Posted by Idigmygirls (Post 22792522)
Gold has some huge advantages over Bitcoin, so I personally believe it is very important to own both. I own a lot of Bitcoin, but I own even more gold.

Bitcoin cannot be used at all on many occasions where you'd need it. If the power is out, if the internet goes down, if the internet is attacked - all of these are real potential problems in a crisis, and in a crisis, that's when you'll need something to use as money.

Bitcoin - and I'll keep saying this until it has happened - Bitcoin value will drop to zero when Quantum Supremacy is achieved. Once I can access the blockchain in zero time whenever i want, there is ZERO protection for Bitcoin. I know that there are quantum encryption discussions all the time about how Bitcoin *could* be made resistant, but without getting into it all here, those arguments are wishful thinking. It *may* be possible, if everyone that has Bitcoin agrees and acts with urgency and speed, but we've seen how easy it is to get everyone to act in the same way for the same purpose...

Most arguments against quantum computing issues with bitcoin involve concerns about an individual wallet being compromised, but the real issue is that the entire blockchain itself is vulnerable, and there's just no getting around that one. So Bitcoin has a terminal event that means it won't be able to exist forever. Gold will.

I'm a huge believer in Bitcoin and I think it has many years left where the value will go to the moon! But Gold is really cheap right now, and there will come a time in the near future where Gold becomes the fiat hedge once again. When that happens, I believe gold charts will look like BTC charts do today - they will go vertical. Imagine an ounce of gold trading at $30,000 like BTC will shortly. You can get in to Gold below $2000 right now.

Again, BTC is awesome for the next few years. Easy to buy and important to own. Gold will have its day too. Fiat is doomed.

You can get into gold below $2k right now, have you bought physical gold? Do you realize how inconvenient it is? And if you do, can you easily verify it is real, not fake gold?

anondev 12-20-2020 01:54 PM

Quote:

Originally Posted by jscott (Post 22792528)
discuss more, scum? lets go? every text you type reveals how retarded you are. Dont stop learning & thinking, ok bud

you don't have any real arguments against my words that why are you only insulting? :thumbsup:thumbsup:thumbsup how primitive you are my scum friend

Quote:

Originally Posted by jscott (Post 22792528)
edit: anondev is scammy af. check other threads

hey, guys, check all my trade history and our previous conversation with this scam bag holder of non usable coin :-) There are a lot of evidence in other threads with links and proofs about high fees and about how jscott promote here his non usable shit for stupid newbies (check his sig btw first). He do this only because he has a lot of high fee coins to sell to you on high price :2 cents::2 cents::2 cents: :-) :thumbsup:thumbsup:thumbsup

Because of that he ignore my question about his bags :-)


Quote:

Originally Posted by jscott (Post 22792528)
2. cry about fee, stfu and use Lightning, pennies to move any amount, you loser

Oh, my friend, don't lie. Lightning is not working solution and never will be... and user must know that he must keep his lightning channel open and online and if he will lose connection it's possible that he will lose money... Anyway nobody use this shit, so it's a good perspective to use it almost alone.... and the most important: to begin using it user should first open the channel onchain. This mean that user forced to pay.... HIGH FEE bitcoin transaction >$13 right now, and when he will close the channel he also forced to pay 13$ fee (right now) it will be more.

And don't forget to say that use should wait up to week, before his transaction will be confirmed. Or he always can pay $100 fee (only today, later it will be more) to include it at next block and wait only amazing 10-60 minutes

Idigmygirls 12-20-2020 01:57 PM

Quote:

Originally Posted by jscott (Post 22792534)
You can get into gold below $2k right now, have you bought physical gold? Do you realize how inconvenient it is? And if you do, can you easily verify it is real, not fake gold?

Physical gold is not inconvenient. In fact, some of the coins are just works of art!

And yes, it is trivial to verify that the gold is genuine - particularly if you hold it in the vault of a proper physical gold broker with proper insurance. I don't actually buy much gold to hold like at home lol. You buy coins directly from the mint (I buy directly from Canadian mint) and drop ship to various bank vaults. Our mint also has brokers, so it's easy to drop in, buy a couple of coins if that's your preference.

It's as convenient as holding a few quarters - though like I say, for me, because I buy in very large volume, I have it stored in bank vaults and in brokerage vaults - all insured.

But tell me, how will you transact your bitcoin in a power outage? How convenient is that? What about when your ISP is hacked and you can't get online. Or what about after an EMP attack? Where's your Bitcoin then?

Don't get me wrong, I own a lot of Bitcoin. But all eggs in one basket - particularly when you can easily see the attacks on the blockchain that are inevitably coming - how is that smart?

Idigmygirls 12-20-2020 02:03 PM

Quote:

Originally Posted by anondev (Post 22792521)
Hello, how are you, my friend? How is your hard job to stay every day there and promote non usable Bitcoin Core with average $13 fee per transaction for idiots who don't know that when they will buy it they must pay at least $13 fee to move it each time... and fee will be higher later :-)

Btw, how are you Bitcoin BTC bags? Did you already move them to some exchange and sold to new idiots or still waiting for higher levels?

Not that I want to jump into the middle of a pissing contest here, but I will say that the fees for Bitcoin are irrelevant. Look at my discussion about gold v Bitcoin.

The fees I pay to buy each ounce of gold run in the range of ~$5. So if gold was at $20,000 per ounce, I'd be paying $50. You don't own gold to use as a currency, you own it to store your wealth and protect against inflation.

Similarly, Bitcoin is not designed to be a currency coin, it is a store-of-wealth coin. You buy and hodl until you need to access funds, and then you sell for fiat or another crypto.

If you want to use a coin as cash, there are obviously better options, but if you want to buy and keep your wealth protected from runaway money printing, you buy and hodl BTC.

anondev 12-20-2020 02:10 PM

Idigmygirls are you really trying to prove something to scammer right now who promote non usable Bitcoin only because he has a lot of them and wants to sell it to stupid newbies? :1orglaugh

Lol, any conversation about Bitcoin Core should begin with information that to move bitcoin on-blockchain user must sit for a week/month and wait for transaction confirmation if he is not ready to pay >$13 fee (today price, it will be more) to speed this process.... and make it as fast as only 1-2 days :-)

p.s. about you thoughts. no, because Bitcoin can be a store of wealth and currency at the same time. But it's not about centralized Bitcoin Core with high fees :-) It's digital asset, lol. There are better digital alternative for all of this :-) Don't listen narratives about "only bitcoin core" lol :)

And if we are talking about gold as store of wealth: you can buy gold without fee from hands and then transfer it to you home for zero fee. lol. Bitcoin Core do not have such option at all :) You always forced to pay high fee and wait days for transfer. Amazing digital gold :)

jscott 12-20-2020 05:53 PM

This guy is an altcoin shill, probably works for one of the various bcash fake bitcoins. There are people trying to push fake shit to ppl so be careful

ruff 12-20-2020 06:11 PM

Quote:

Originally Posted by anondev (Post 22792521)
Hello, how are you, my friend? How is your hard job to stay every day there and promote non usable Bitcoin Core with average $13 fee per transaction for idiots who don't know that when they will buy it they must pay at least $13 fee to move it each time... and fee will be higher later :-)

Btw, how are you Bitcoin BTC bags? Did you already move them to some exchange and sold to new idiots or still waiting for higher levels?

You don't know shit from shinola do you?

ruff 12-20-2020 06:22 PM

Quote:

Originally Posted by Idigmygirls (Post 22792550)
Physical gold is not inconvenient. In fact, some of the coins are just works of art!

And yes, it is trivial to verify that the gold is genuine - particularly if you hold it in the vault of a proper physical gold broker with proper insurance. I don't actually buy much gold to hold like at home lol. You buy coins directly from the mint (I buy directly from Canadian mint) and drop ship to various bank vaults. Our mint also has brokers, so it's easy to drop in, buy a couple of coins if that's your preference.

It's as convenient as holding a few quarters - though like I say, for me, because I buy in very large volume, I have it stored in bank vaults and in brokerage vaults - all insured.

But tell me, how will you transact your bitcoin in a power outage? How convenient is that? What about when your ISP is hacked and you can't get online. Or what about after an EMP attack? Where's your Bitcoin then?

Don't get me wrong, I own a lot of Bitcoin. But all eggs in one basket - particularly when you can easily see the attacks on the blockchain that are inevitably coming - how is that smart?

If someone is holding your gold, you have potential problems. If everything goes to shit, it might be as hard to access as BTC in a power outage. Not to mention the paper trail. BTC is an alternate store of value that is easily movable and I have it with me in a hardware wallet. Crossing borders with gold is a non-starter. It all comes down to preferences. The price of gold has never differed significantly and no one knows where all the gold is or will come from. Like diamonds, there may be more than is comfortable out there. BTC is finite by design, thus value increases with availability or lack of. I won't be worrying about quantum computing in this lifetime. That issue is easily solvable.

Idigmygirls 12-20-2020 06:47 PM

Quote:

Originally Posted by ruff (Post 22792639)
I won't be worrying about quantum computing in this lifetime. That issue is easily solvable.

I'm so sorry to hear that. How long did they give you to live?

Of course, I mostly agree with your position. I own a LOT of BTC, but I have also diversified and own a LOT of gold. I own gold at very reputable gold brokerages, as well as in private safety deposit boxes. I'm really not worried about my ability to retrieve it - even in the event of an EMP attack or the like.

As for quantum supremacy, you will be shocked at how quickly it comes. I'm a theoretical physicist and I follow these developments. Breakthroughs in recent months on stability of qbits and photon entanglement are about to lead to advancements in quantum computing by several orders of magnitude. My best guess is that we are fewer than 5 years away from a computer that can decrypt the BTC blockchain instantly. Instant decryption of the Blockchain will fully disrupt how Bitcoin operates. Indeed, all miners other than quantum minors would be out of business - and I guess within 24 hours of that, all BTC will be hacked.

That said, we are still years away, so its very safe at the moment, and about to rise to $50k

NaughtyRob 12-20-2020 08:12 PM

People did not believe in it when it was .30 cents and they still don't. Its going up up up with no sign of stopping. I sure wish I bought even $100 back when it was dirt cheap. :-(

Idigmygirls 12-20-2020 08:27 PM

Quote:

Originally Posted by NaughtyRob (Post 22792678)
People did not believe in it when it was .30 cents and they still don't. Its going up up up with no sign of stopping. I sure wish I bought even $100 back when it was dirt cheap. :-(

If only we had a time machine lol

My story of regret with Bitcoin is that I set up a system to allow my company to accept and earn Bitcoin back when it was pretty cheap ~$700. We earned about 7 Bitcoins and held onto them while it climbed to $2000. At that point I wanted to cash some out, but it turns out the employee lost the private key to our wallet (or so I was told - I can't say for sure...)

Either way, I'm sure I would have sold at least a couple at that low price, but I'm pretty sure I'd have held 4 or 5. That's a neat $100k that is "lost"

Sergio 12-21-2020 06:43 AM

It will be very funny when it starts to fall again. The fall is always faster for him than growth ;)

ruff 12-21-2020 07:28 AM

Quote:

Originally Posted by Idigmygirls (Post 22792651)
I'm so sorry to hear that. How long did they give you to live?

Of course, I mostly agree with your position. I own a LOT of BTC, but I have also diversified and own a LOT of gold. I own gold at very reputable gold brokerages, as well as in private safety deposit boxes. I'm really not worried about my ability to retrieve it - even in the event of an EMP attack or the like.

As for quantum supremacy, you will be shocked at how quickly it comes. I'm a theoretical physicist and I follow these developments. Breakthroughs in recent months on stability of qbits and photon entanglement are about to lead to advancements in quantum computing by several orders of magnitude. My best guess is that we are fewer than 5 years away from a computer that can decrypt the BTC blockchain instantly. Instant decryption of the Blockchain will fully disrupt how Bitcoin operates. Indeed, all miners other than quantum minors would be out of business - and I guess within 24 hours of that, all BTC will be hacked.

That said, we are still years away, so its very safe at the moment, and about to rise to $50k

Being a theoretical physicist, you should be aware of the limitations of quantum computing. By the time it could crack the BTC blockchain, code changes will put it out of reach. As a theoretical cryptologist, I stand by my theory. I also stand in the kitchen eating breakfast.

mce 12-23-2020 10:12 PM

By some estimates, BTC's long term value is $400,000

nikki99 12-24-2020 04:33 AM

Quote:

Originally Posted by mce (Post 22794368)
By some estimates, BTC's long term value is $400,000

:eyecrazy :eyecrazy :eyecrazy

pxi776 12-24-2020 09:21 AM

coinbase and other crypto sites are modern banks,

the big banks are experiencing huge competition, and they will have to add bitcoin to their websites or get left behind

fuck banks

bitcoin is the future and the new monetary standard

blackmonsters 12-24-2020 09:47 AM

Nowhere I shop accepts Bitcoin.

If I had $1Million of Bitcoin, it's like I had an AT&T gift card for $1Million.

:2 cents:

Klen 12-24-2020 09:53 AM

Quote:

Originally Posted by blackmonsters (Post 22794584)
Nowhere I shop accepts Bitcoin.

If I had $1Million of Bitcoin, it's like I had an AT&T gift card for $1Million.

:2 cents:

You are wrong on so many levels - you can use services which have attached card to BTC account, and you can also withdraw money to your bank account, which you cant do with at&t gift card.

Richard J Greer 12-24-2020 09:58 PM

I also knew this information

nikki99 12-25-2020 02:54 AM

24,000 just now

Relic 12-25-2020 06:50 AM

Quote:

Originally Posted by Idigmygirls (Post 22792522)
I own a lot of Bitcoin

Making a list, checking it twice.

jscott 12-25-2020 10:20 PM

Quote:

Originally Posted by blackmonsters (Post 22794584)
Nowhere I shop accepts Bitcoin.
If I had $1Million of Bitcoin, it's like I had an AT&T gift card for $1Million.
:2 cents:

Don't give up on learning :)

nikki99 12-26-2020 05:51 AM

Quote:

Originally Posted by jscott (Post 22795135)
Don't give up on learning :)

I think even Santiago de Chike has one cash point machine for bitcoin
I never used it but is somewhere in the city.

Paul&John 12-26-2020 08:35 AM

yeah 25k$. One step closer to 100k$!

ruff 12-26-2020 02:39 PM

When it is 100k, this will look like a bargain price. Also recommending polkadot, chainlink and ptoy for long term hodling.

Pink24 12-26-2020 03:08 PM

Quote:

Originally Posted by blackmonsters (Post 22794584)
Nowhere I shop accepts Bitcoin.

If I had $1Million of Bitcoin, it's like I had an AT&T gift card for $1Million.

:2 cents:

Bitcoin arrives at 16,000 ATM's accross the UK.

https://www.thisismoney.co.uk/money/...chines-UK.html

Cashzone is proberbly the largest ATM company in the UK.

Idigmygirls 12-26-2020 03:42 PM

Quote:

Originally Posted by ruff (Post 22795271)
When it is 100k, this will look like a bargain price. Also recommending polkadot, chainlink and ptoy for long term hodling.

And when it's $250k, even 100k will look like a bargain :)

I keep buying more, and then a few days later wonder why I didn't buy even more a few days ago :1orglaugh:1orglaugh

adultchatpay 12-29-2020 06:35 PM

Quote:

Originally Posted by mce (Post 22794368)
By some estimates, BTC's long term value is $400,000

:pimp:pimp

JOH 12-29-2020 11:47 PM

BITCOINS, I have about 500, bought 10years ago, I thought they were a Fad! I guess they are worth something? Maybe I will keep them for awhile.

Alex BongaCash 12-30-2020 04:29 AM

Quote:

Originally Posted by JOH (Post 22796694)
BITCOINS, I have about 500, bought 10years ago, I thought they were a Fad! I guess they are worth something? Maybe I will keep them for awhile.

You really lucky then :winkwink:

celandina 12-30-2020 06:42 AM

Read... :thumbsup

https://www.quora.com/

Quote:

Bitcoin: from $20,000, in December 2017, to $7,000.
Ethereum: from $1,450, in January 2018, to $380.
Ripple: from $3.90, in January 2018, to $0.50.
Bitcoin cash: from $4,400, in December 2017, to $660.
Litecoin: from $380, in December 2017, to $120.

ruff 12-30-2020 08:00 AM

Quote:

Originally Posted by JOH (Post 22796694)
BITCOINS, I have about 500, bought 10years ago, I thought they were a Fad! I guess they are worth something? Maybe I will keep them for awhile.

It looks like you're worth around $14 million before taxes. I'd keep a low profile if I were you! Enjoy your windfall. I wish I had bought even more myself.

Idigmygirls 12-30-2020 01:28 PM

Quote:

Originally Posted by ruff (Post 22796841)
It looks like you're worth around $14 million before taxes. I'd keep a low profile if I were you! Enjoy your windfall. I wish I had bought even more myself.

Don't feed the trolls :repuke

Idigmygirls 12-31-2020 06:48 PM

Why did I ever get it in my head that cost averaging for BTC purchases was the way to go?

Every day I add more, and every day I wish I had just added today's purchase to yesterday's so I could have made that additional profit :1orglaugh

My thinking is that if/when there is a stock market crash, BTC will drop along with it; but, since new stimulus money is coming; and since the new administration will push for much more stimulus; and since gold is relatively difficult for people to invest in (relative to BTC that is); and since BTC and gold are really the things that investors think about when it comes to inflation hedges; therefore, BTC is much more likely to explode to the upside in momo trades until it actually does hit ~$100,000 short term than it is to fall substantially.

I think I'll just keep adding to my position every day as I have been....

just a punk 01-01-2021 05:54 AM

Quote:

Originally Posted by Sergio (Post 22790718)

:1orglaugh :1orglaugh :1orglaugh

P.S. I told you here about 3 years ago (Bitcoin was $6K) - buy as much as you can and wait for a few years.

jscott 01-01-2021 09:39 AM

Quote:

Originally Posted by celandina (Post 22796788)
Read... :thumbsup

Since you seem to know a lot about Bitcoin (price? :1orglaugh ) what do you think about Bitcoin's yearly lows? discuss

Also, what do the altcoins you mentioned have to do with Bitcoin thread?


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