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Bengus81

(6,931 posts)

4. Bitcoins and crapto currency are a joke

Tue Aug 14, 2018, 03:12 PM

Aug 2018

Like I always ask,if you had a car you needed to sell for $18,000 would you take three Bitcoins or would you demand a cashiers check before you signed the title over?

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54 replies

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Highlight:

Bitcoin, Ether Sink as 'Sense of Panic' Grips Crypto Investors [View all] ansible Aug 2018 OP

They should all invest in tulips. ZZenith Aug 2018 #1

"Most cryptocurrencies have been overvalued for a very long time," Javaman Aug 2018 #2

My dollar is still worth a dollar. Inflation is not very high. Why would I want wasupaloopa Aug 2018 #3

How are you going to buy heroin online if you don't have any cryptocurrency? jmowreader Aug 2018 #16

Bitcoins and crapto currency are a joke Bengus81 Aug 2018 #4

Like I said... Blue_Tires Aug 2018 #5

They also expose themselves to money laundering JonLP24 Aug 2018 #47

womp womp TeamPooka Aug 2018 #6

Sure has been great for the Video card industry........ Bengus81 Aug 2018 #7

Whenever I think I've seen the silliest bubble yet.... paleotn Aug 2018 #8

Time for the top of the pyramid to take their profits and run? Mc Mike Aug 2018 #9

That was 7-8 months ago when Bitcoins hit $20k for a short period..... Bengus81 Aug 2018 #18

This chain is like reading about "horseless" buggies angrychair Aug 2018 #10

"...some are positioning themselves to address issues we don't even know we have yet." OilemFirchen Aug 2018 #11

Lol angrychair Aug 2018 #12

Glad someone stood up... woundedkarma Aug 2018 #13

Like Betamax. I get it too, without any color needed at all. LanternWaste Aug 2018 #19

The technology concepts ("blockchain") do have uses beyond crypto currency. Shipwack Aug 2018 #15

Yeah... no. OilemFirchen Aug 2018 #17

Technically that just isn't true angrychair Aug 2018 #20

"...some are positioning themselves to address issues we don't even know we have yet." OilemFirchen Aug 2018 #21

I see your point your making angrychair Aug 2018 #23

Big problems with blockchain EndGOPPropaganda Aug 2018 #33

Oh fuck no! hunter Aug 2018 #22

Umm, stuffed ballots, disappearing ballots... JCMach1 Aug 2018 #25

Sorry that's just not the way it works angrychair Aug 2018 #30

Time delays? What if state actors overwhelm proof of work? EndGOPPropaganda Aug 2018 #34

No, it doesn't angrychair Aug 2018 #38

Several weaknesses EndGOPPropaganda Aug 2018 #44

Oh, please, do explain it to me... hunter Aug 2018 #39

First, I've never been hostile or disrespectful angrychair Aug 2018 #43

I applaud you for trying to bring the Luddites in from the cold CabalPowered Aug 2018 #40

You tried your best... wroberts189 Aug 2018 #28

What if state actors overwhelm consensus algorithm? EndGOPPropaganda Aug 2018 #35

Only POW models are prone to a 51% attack CabalPowered Aug 2018 #41

This is the "dump" of "pump and dump" PSPS Aug 2018 #14

Let's not overreact EndGOPPropaganda Aug 2018 #36

Back up to $6500+ as of a few mons ago BadGimp Aug 2018 #24

You are correct JCMach1 Aug 2018 #26

Yeah suprising is't it? wroberts189 Aug 2018 #29

When I first heard about Bitcoin and other crypt currencies, PoindexterOglethorpe Aug 2018 #27

I still can't wrap my mind around cryptocurrency get the red out Aug 2018 #31

Yes, but that is true of all currency jberryhill Aug 2018 #37

Not quite..... Adrahil Aug 2018 #49

There is no currency which is based on inherent value jberryhill Aug 2018 #50

Of course... Adrahil Aug 2018 #51

A dollar has value because I can pay my taxes with it mathematic Aug 2018 #54

John Oliver did a good bit on it: meadowlander Aug 2018 #42

Thanks for this... wroberts189 Aug 2018 #46

Fools and their crypto C_U_L8R Aug 2018 #32

All Top 10 Cryptocurrencies in Green, Bitcoin Breaks $6,500 -(article two hours ago). wroberts189 Aug 2018 #45

BTC is being clearly manipulated by big money around the world. I wouldn't touch it. johnnyrocket Aug 2018 #48

Computers seem to be inherently insecure. empedocles Aug 2018 #52

This message was self-deleted by its author CabalPowered Aug 2018 #53