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Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 2:40 am
by 96583UP
anyone get down with Ripple?
PC Digest voted it #1 way to transfer money to warlords in shithole countries
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 2:48 am
by BurtReynolds
I don't even think the company that made Ripple uses Ripple or ever plans to use Ripple. It's completely useless except to make a lot of money.
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 2:51 am
by 96583UP
so i should buy some is what you're saying
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 3:00 am
by BurtReynolds
you can basically pick one of these at random and wait. It's completely divorced from reality.
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 3:15 am
by 96583UP
can ripple be used to make good things, like internet news articles
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 4:17 am
by Kaius
How many can I buy for 1 bitcoin?
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Mon January 15, 2018 2:01 am
by 96583UP
i read that 4 percent of all crypto holders own 95 percent of the crypto
so in stock parlance, essentially only 5% of the stock is floated...?
does the quoted price even matter then?
if those 4% step in to the market and begin liquidating their shares, BTC will plummet. just unloading another 5% would double the available shares, which could halve the price.
i certainly hope no banks out there are letting these whales borrow against their BTC
i'd probably give someone a loan of $1 for every $10000 of BTC as collateral based on this volatility
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Tue January 16, 2018 11:06 pm
by Bi_3
Ouchies.
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Wed January 17, 2018 1:45 am
by BurtReynolds
The good news is that bitconnect finally died. Though it did take a lot of people's money with it.
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Wed January 17, 2018 12:01 pm
by Sgt. Crackpot
Cue simpsons investment rollercoaster scene, ending in the poor house.
Burt, need me to start you a GoFundMe?
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sat January 20, 2018 11:14 pm
by BurtReynolds
thank you government shutdown

Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sun January 21, 2018 8:56 am
by Jorge
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sun January 21, 2018 11:52 am
by BurtReynolds
he's a brilliant man.
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sat January 27, 2018 1:04 am
by BurtReynolds
Maybe I've just been insanely lucky (and I certainly have been), but I havent lost any money in this crash. In fact, I'm up a bit. I haven't shorted anything, I've just been trading the volatility all the way down. I keep expecting to get caught with my pants down, but I haven't yet. Have I discovered the secret?
Anyway, it looks like we're near a floor. It's tried to dip below 10k, but gets bought up again. Might touch 7k-8k again but I don't think it will stay there long.
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sat January 27, 2018 6:29 am
by washing machine
No-fee cryptocurrency trading starts on the Robinhood app next month.
https://www.etftrends.com/2018/01/no-fe ... o-trading/
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sat January 27, 2018 11:58 am
by BurtReynolds
good coinbase fees are too damn high!
Parent of the decade
https://www.talkofweb.com/dad-homeschoo ... ocurrency/
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sun January 28, 2018 3:16 am
by BurtReynolds
There has been an ongoing controversy around something called Tether for a few months now, many claim its a total fraud. If it really is, then it could seriously crash the market I think.
https://cointelegraph.com/news/somethin ... -to-rumors
Tether is a dollar-backed token that many people and exchanges use to trade, rather than cash, to avoid taxes or having to switch to exchanges like coinbase that can trade USD. But they keep printing millions more Tether, and refuse audits to see if they actually have dollars to back them. Pretty sure its a scam.
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Tue January 30, 2018 12:07 am
by Bi_3
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Tue January 30, 2018 12:09 am
by BurtReynolds
Re: bitcoin, the blockchain, and cryptocurrency
Posted: Tue January 30, 2018 1:07 am
by 96583UP
baller move