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  #301  
Old 09-04-2018, 03:36 PM
AuburnKid AuburnKid is offline
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its happening guys, patience
Can I send my excess bitcoin that our wonderful MLB cappers made for me from Bookmaker to 5dimes and other cripto 'books? I like to have at least 5 funded for some of the tiny prop bets with their $100 limits. Late in season at 0-12 the Browns were
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Will the Browns go 0-16 +400 limit $100 to win $400.
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  #302  
Old 09-12-2018, 05:18 PM
BLUE LOU BOYLE BLUE LOU BOYLE is offline
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Crypto’s 80% Plunge Is Now Worse Than the Dot-Com Crash
Michael Patterson
September 12 2018, 12:02 PM

(Bloomberg) -- The Great Crypto Crash of 2018 looks more and more like one for the record books.

As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent. The tumble has now surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline after the dot-com bubble burst in 2000.

Like their predecessors during the Internet-stock boom almost two decades ago, cryptocurrency investors who bet big on a seemingly revolutionary technology are suffering a painful reality check, particularly those in many secondary tokens, so-called alt-coins.

“It just shows what a massive, speculative bubble the whole crypto thing was -- as many of us at the time warned,” said Neil Wilson, chief market analyst in London for Markets.com, a foreign-exchange trading platform. “It’s a very likely a winner takes all market -- Bitcoin currently most likely.”

Wednesday’s losses were led by Ether, the second-largest virtual currency. It fell 6 percent to $171.15 at 7:50 a.m. in New York, extending this month’s retreat to 40 percent. Bitcoin was little changed, while the MVIS CryptoCompare index fell 3.8 percent. The value of all virtual currencies tracked by CoinMarketCap.com sank to $187 billion, a 10-month low.

Digital Gold

The virtual-currency mania of 2017 -- fueled by hopes that Bitcoin would become “digital gold” and that blockchain-powered tokens would reshape industries from finance to food -- has quickly given way to concerns about excessive hype, security flaws, market manipulation, tighter regulation and slower-than-anticipated adoption by Wall Street.

Crypto bulls dismiss negative comparisons to the dot-com era by pointing to the Nasdaq Composite’s recovery to fresh highs 15 years later, and to the internet’s enormous impact on society. They also note that Bitcoin has rebounded from past crashes of similar magnitude.

But even if the optimists prove right and cryptocurrencies eventually transform the world, this year’s selloff has underscored that progress is unlikely to be smooth.

One silver lining of the crypto slump is that ramifications for the global economy are likely to be minimal. While the market has lost more than $640 billion of value since peaking in January, that’s a far cry from the trillions erased from Nasdaq Composite stocks during the dot-com bust.

The crypto industry’s links with the traditional financial system also remain weak. That’s been a disappointment for bulls, but it’s good news for everyone else at a time when digital assets are tumbling.

“Until you can pay your taxes in cryptos, it’s just a pointless investment vehicle,” said Markets.com’s Wilson. “Some people will make loads of money but most won’t.”
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  #303  
Old 09-13-2018, 06:58 AM
Big Pimpin Big Pimpin is offline
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Lol. Such a scam
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  #304  
Old 09-24-2018, 05:42 PM
Roofies Roofies is offline
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Bitcoin lows to highs after bear market.
2012-2013 $5-$1100
2014-2017 $200-$20,000
2018-? $6000-?

"if you don't like me at $6k you dont deserve me at $100k"

just sayin
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  #305  
Old 09-25-2018, 11:26 AM
colloid colloid is offline
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good thread
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  #306  
Old 10-16-2018, 05:39 PM
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Bakkt CEO: We're About To See A Cryptocurrency Revolution - Bitcoinist.com

this company is OWNED by the NEW YORK STOCK EXCHANGE people

Fidelity Says It Will Trade Bitcoin for Hedge Funds - WSJ

Fidelity has 2 trillion under management.

if there still are any bitcoin skeptics I feel for you.
you will be on the outside looking in on the largest redistribution of wealth in our lifetimes. its not going to happen overnight but if you have the means right now, buy one full bitcoin.
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  #307  
Old 10-19-2018, 11:30 PM
Xone Xone is offline
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Originally Posted by Big Pimpin View Post
Lol. Such a scam
Now Fidelity and the NYSE are in on the "scam" LOL at the blindness of some people! You think Fidelity, Ameritrade, Intercontinental Exchange, and many other big names are risking their entire reputation and business on aiding in scam? They have to spend a lot of money to start these trading operations. Even if they figure they could make more money through trading and custodial fees than it will cost them in startup costs, if you assume it's all a scam then bitcoin price will go to zero and the business venture will fail quickly. You think Fidelity is risking the $7 trillion under management for something that even has the slightest potential of being a scam or even something that will fizzle out and die in a few years?

The only reason someone would call Bitcoin is a scam is either a) they are incredibly ignorant, or b) they are trying to accumulate as much bitcoin as they can at low prices before bitcoin really becomes big. If that's the case, probably smart of you, but still not cool. But with a username like big pimpin, I think it's safe to assume you fall into category A.
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  #308  
Old 10-21-2018, 09:51 PM
Big Pimpin Big Pimpin is offline
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Originally Posted by Xone View Post
Now Fidelity and the NYSE are in on the "scam" LOL at the blindness of some people! You think Fidelity, Ameritrade, Intercontinental Exchange, and many other big names are risking their entire reputation and business on aiding in scam? They have to spend a lot of money to start these trading operations. Even if they figure they could make more money through trading and custodial fees than it will cost them in startup costs, if you assume it's all a scam then bitcoin price will go to zero and the business venture will fail quickly. You think Fidelity is risking the $7 trillion under management for something that even has the slightest potential of being a scam or even something that will fizzle out and die in a few years?

The only reason someone would call Bitcoin is a scam is either a) they are incredibly ignorant, or b) they are trying to accumulate as much bitcoin as they can at low prices before bitcoin really becomes big. If that's the case, probably smart of you, but still not cool. But with a username like big pimpin, I think it's safe to assume you fall into category A.

Bitcoin will never become big. Itís a ponzi
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  #309  
Old 10-22-2018, 10:09 AM
Jahred Jahred is online now
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Originally Posted by Big Pimpin View Post
Bitcoin will never become big. Itís a ponzi
Solid writeup
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  #310  
Old 10-22-2018, 07:39 PM
Xone Xone is offline
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Quote:
Originally Posted by Big Pimpin View Post
Bitcoin will never become big. Itís a ponzi
Maybe you're right. Here's a good article arguing your side

Why Bitcoin and Crypto Have No Future – Think Outside the Blox – Medium
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  #311  
Old 10-23-2018, 09:39 AM
Bozzie Bozzie is offline
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It falling from 20,000k to 6k should tell you all you need to know

Buying prime numbers..

SCAM
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Last edited by Bozzie; 10-23-2018 at 09:42 AM.
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  #312  
Old 10-23-2018, 08:15 PM
Xone Xone is offline
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It falling from 20,000k to 6k should tell you all you need to know

Buying prime numbers..

SCAM
LOL. Can't tell if you're being serious or not.

You must have thought Amazon was a scam when it dropped from $108 in Dec 1999 to $8 on April 2001. Good thing you avoided that scam too.
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  #313  
Old 10-29-2018, 03:55 PM
AuburnKid AuburnKid is offline
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....
You must have thought Amazon was a scam when it dropped from $108 in Dec 1999 to $8 on April 2001. Good thing you avoided that scam too.
There is this curse on my Amazon card. It says I should have paid full price for shipping and bought $99 of stock each year.
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  #314  
Old 10-31-2018, 10:00 PM
Bisket Bisket is offline
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Bitcoin Price Dips Beneath Level from One Year Ago
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  #315  
Old 11-02-2018, 02:27 PM
Big Pimpin Big Pimpin is offline
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Great investment that was
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  #316  
Old 11-02-2018, 08:23 PM
Roofies Roofies is offline
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Morgan Stanley: Bitcoin is a New Institutional Investment Class Morgan Stanley: Bitcoin is a New Institutional Investment Class via @cryptocoinsnews

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  #317  
Old 11-04-2018, 11:03 AM
BFDwager BFDwager is offline
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All of these "stupid" people buying land in the damn desert! Berns, Musk, Gilman.
Gotta go out on a limb, to get the fruit!

A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada - The New York Times
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