bitcoin, the blockchain, and cryptocurrency

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Whitey McTeeth
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Re: bitcoin, the blockchain, and cryptocurrency

Post by Whitey McTeeth »

That is basically how I interpret everything anymore.
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Bi_3
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Re: bitcoin, the blockchain, and cryptocurrency

Post by Bi_3 »

Whitey McTeeth wrote:That is basically how I interpret everything anymore.
I understand the math behind the blockchain better than I understand this.
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Re: bitcoin, the blockchain, and cryptocurrency

Post by simple schoolboy »

Day trading coins is a thing now? How does one factor in the long transaction times?
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BurtReynolds
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Re: bitcoin, the blockchain, and cryptocurrency

Post by BurtReynolds »

simple schoolboy wrote:Day trading coins is a thing now? How does one factor in the long transaction times?
The exchanges are instant. I guess they do the transactions later?
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Re: bitcoin, the blockchain, and cryptocurrency

Post by BurtReynolds »

You have to transfer your currency to the exchange to use them. Which creates a problem for the user: either you can lose lots of time waiting on your money to transfer to the exchange so you can sell it, or you keep your money on the exchange and risk the exchange getting hacked or disappearing.
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Re: bitcoin, the blockchain, and cryptocurrency

Post by washing machine »

This is the most I've ever understood about bitcoin in one article.

https://www.theatlantic.com/business/ar ... ld/547187/
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Re: bitcoin, the blockchain, and cryptocurrency

Post by Sgt. Crackpot »

Burt, is now a good time to get in on this?
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BurtReynolds
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Re: bitcoin, the blockchain, and cryptocurrency

Post by BurtReynolds »

Sgt. Crackpot wrote:Burt, is now a good time to get in on this?
I don't know. Certainly a better time than last month. See if it hangs around 7-8k for a bit.
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washing machine
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Re: bitcoin, the blockchain, and cryptocurrency

Post by washing machine »

It’s probably a good time to get it in on SQ stock and other fintech that utilizes crypto transactions.
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96583UP
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Re: bitcoin, the blockchain, and cryptocurrency

Post by 96583UP »

BTC @ $6300.

Major US credit card companies blocking BTC purchases.

China bans cryptocurrency exchanges.

India plans to make cryptocurrency illegal.

:|
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Re: bitcoin, the blockchain, and cryptocurrency

Post by BurtReynolds »

odd that crypto and stocks are both tanking at the same time. You'd think there would be an inverse relationship. Probably just a coincidence.
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Re: bitcoin, the blockchain, and cryptocurrency

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Image
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Re: bitcoin, the blockchain, and cryptocurrency

Post by washing machine »

Image
dimejinky99 wrote:I could destroy any ai chatbot you put in front of me. Easily.
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Re: bitcoin, the blockchain, and cryptocurrency

Post by Sgt. Crackpot »

Heh, not billionaires anymore. It happened quicker than I thought. Get out while they still have value, Burt.
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Re: bitcoin, the blockchain, and cryptocurrency

Post by 96583UP »

and back up to $8900

it's almost like the price has nothing to do with its value
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Re: bitcoin, the blockchain, and cryptocurrency

Post by BurtReynolds »

the orchestrated media FUD has stopped, and the orchestrated media FOMO is in.

I'm hoping we see another dip to around 7k, which means that will absolutely not happen.
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Re: bitcoin, the blockchain, and cryptocurrency

Post by 96583UP »

maybe after another notable exchange theft happens it will all be on sale
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Re: bitcoin, the blockchain, and cryptocurrency

Post by BurtReynolds »

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Re: bitcoin, the blockchain, and cryptocurrency

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Re: bitcoin, the blockchain, and cryptocurrency

Post by BurtReynolds »



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