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Re: The danger of bitcoin [Re: ShootemupTex] #4103552
03/19/24 12:35 PM
03/19/24 12:35 PM
Joined: Oct 2000
Posts: 14,944
Right Behind You
W
William Offline
Booner
William  Offline
Booner
W
Joined: Oct 2000
Posts: 14,944
Right Behind You
Originally Posted by ShootemupTex
When BTC first came out, the only thing that kept me from putting money in it was the historical outcomes of people who tried to make their own currency. The government traditionally doesn't like competition. I figured it was a good way to end up with 9mm or 5.56 bullet in the nogg'n paid for by tax payers. I figured at best it would be a waste or money and time. I'm honestly surprised they have let go this long. But it is like gambling, there's a lot of bitcoin millionaires out there now. I don't think most of them have the sense to take that "wealth" and put it in something more stable like real estate or a business.



Dude...... I couldn't have typed my own response any better.


"The misery of being exploited by capitalists is nothing... compared to the misery of not being exploited at all."

Joan Robinson
Re: The danger of bitcoin [Re: Skinny] #4103579
03/19/24 01:17 PM
03/19/24 01:17 PM
Joined: Nov 2013
Posts: 10,429
coffee county
goodman_hunter Offline
Booner
goodman_hunter  Offline
Booner
Joined: Nov 2013
Posts: 10,429
coffee county
Originally Posted by Skinny
Originally Posted by bill
Originally Posted by Moose24
There is a show on Netflix called The New Americans : Gaming a Revolution that is interesting. Discussion about day traders and crypto currency. The allure to Crypto for some is the fact that it's a global digital "currency" that governments can't control. At least not at the moment. I don't really get it because it's not like I can walk into Piggly Wiggly and buy groceries with it. Seems more like a stock or commodity than currency.



Lots of online retailers take it , and other cryptocurrencies, now.

not just online. There are several national chain stores that will take it at the register.

i think most ghetto gas stations have a crypto atm


For without victory, there is no survival
Re: The danger of bitcoin [Re: goodman_hunter] #4103634
03/19/24 03:30 PM
03/19/24 03:30 PM
Joined: Mar 2002
Posts: 4,044
Port St Joe, FL
Moose24 Offline
10 point
Moose24  Offline
10 point
Joined: Mar 2002
Posts: 4,044
Port St Joe, FL
Originally Posted by goodman_hunter
Originally Posted by Skinny
Originally Posted by bill
Originally Posted by Moose24
There is a show on Netflix called The New Americans : Gaming a Revolution that is interesting. Discussion about day traders and crypto currency. The allure to Crypto for some is the fact that it's a global digital "currency" that governments can't control. At least not at the moment. I don't really get it because it's not like I can walk into Piggly Wiggly and buy groceries with it. Seems more like a stock or commodity than currency.



Lots of online retailers take it , and other cryptocurrencies, now.

not just online. There are several national chain stores that will take it at the register.

i think most ghetto gas stations have a crypto atm

I gotta get out more. 🙄


The Things You Remember in Life aren't Things at all.
Re: The danger of bitcoin [Re: Skinny] #4103807
03/19/24 08:27 PM
03/19/24 08:27 PM
Joined: Feb 2007
Posts: 19,143
colbert county
cartervj Offline
Old Mossy Horns
cartervj  Offline
Old Mossy Horns
Joined: Feb 2007
Posts: 19,143
colbert county
I wonder who got to buy at 9k. I’d bet someone did


“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
Re: The danger of bitcoin [Re: cartervj] #4103811
03/19/24 08:31 PM
03/19/24 08:31 PM
Joined: Nov 2011
Posts: 21,804
USA
R
Remington270 Offline
Freak of Nature
Remington270  Offline
Freak of Nature
R
Joined: Nov 2011
Posts: 21,804
USA
Originally Posted by cartervj
I wonder who got to buy at 9k. I’d bet someone did


Someone had to SELL at that price too. The same day when it was over $60k higher. Makes no sense.

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