Bitcoin

[uls]

Like Calata's calcoin? ... Calata plans to convert shares to cryptocurrency amid delisting ...

coins/tokens are the new way to raise capital

or scam people

anyone can invent their own "coin" and have an ICO (initial coin offering)

since "coins" are so hot these days there's no shortage of investors

[uls]

OB let's join the coin craze

gawa tayo ng coin

let's call it TaeCoin

[BlancNoir]

Personally, i stay away from something i do not understand like derivatives cryptocc.

Also, i think bitcoin is a bubble. What will happen after all the coins are mined?

If they create altcoins, then btc will definitely lose its value since there are new alternatives. The niche is gone.

Kung nag invest ka at kumita ka, then good for you.

If mag iinvest ka pa lang, wag nalang.

If invested ka, benta mo na while you can.

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[uls]

when all 21 million bitcoins are mined then they just exist out there in circulation

whether the world uses bitcoin for daily transactions we'll find out later

bitcoin proponents are saying bitcoin will become the currency of the future

salaries will be paid in bitcoin, everybody will buy and sell stuff using bitcoin

but there are so many alternative coins out there

litecoin, ethereum, monero are most popular after bitcoin

altcoins are competing with bitcoin for the world's attention

some time in the future, one crypto will become most widely used in transactions and it will be king

if you invested in the right crypto, you'll be rich

the value of other cryptos will fall to zero wiping out the investment of those who bet on them

[uls]

the thing about bitcoin is it takes a lot of time to settle transactions

try selling something and accepting bitcoin as payment

since bitcoin is decentralized, it takes a looong time for the many computers around the world to verify the transaction

and there's transaction cost

that's why there are hardforks

some bitcoin people see a problem with useability so they broke away from bitcoin and made their own version

in order to make bitcoin useable transactions have to be fast

[usong725]

^ try mo poloniex.com or kraken.com

sa polo, purely coins lang yung trading.

sa kraken, pwede USD at EU aside sa trading ng coins.

mas marami alt coins sa polo kaysa kraken

more on gamble yung pag trade ng coins.

check mo yung in demand na altcoin, trade mo btc mo to altcoin. Then trade back to btc pag nag increase kahit 10%

minsan pag sobra in demand yung altcoin, seconds to minutes lang pwede ka mag earn malaki. pwede din lugi kaagad.

meron ako BTC, ETH, XRP at DASH. Hold muna tapos benta na pag increase. Hopefully mag $xxxx, $xxx at $xx din yung ETH, DASH at XRP.

Yung mga nag invest sa BTC nuong June, x3 na investment nila ngayon. kung nuong May, mga 5x na ngayon

[BlancNoir]

Yung mga nag invest sa BTC nuong June, x3 na investment nila ngayon. kung nuong May, mga 5x na ngayon

Hindsight is always 20/20

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[usong725]

go big or go home

[uls]

looks like the bitcoin community realizes disagreement within the community is bad for bitcoin

they called of a planned hardfork called segwit2x

[BlancNoir]

looks like the bitcoin community realizes disagreement within the community is bad for bitcoin

they called of a planned hardfork called segwit2x

So it really is a bubble.

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[StockEngine]

Japan made bitcoin a legal currency - now it's more popular than ever | CNBC Reports - YouTube

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[uls]

The price of bitcoin falls and the price of bitcoin cash rises

Since segwit2x was called off, bitcoin's original slow transaction problem wasn't solved

Bitcoin cash, created in August this year after a fork, has faster transaction speed

So we're seeing money coming out of bitcoin and going into bitcoin cash

Since bitcoin cash is more suitable as a transactional currency than bitcoin

[Verbl Kint]

I hope it goes down even further to about $6400 levels (as I mentioned in a previous post). That would be the time to buy for me. However, it looks like it is holding steady just below $7000 as of 5pm UTC.

It will probably take the whole weekend to wash out all this segwit craziness, including the sudden BCH rise. Just looking at today's charts, it seems there are a lot of whales floating around and artificially snapping on each sudden decline in price, although the volatility has mostly been limited to the $6800 to $7000 range so far, but a long day is still ahead.

[uls]

So it really is a bubble.

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bitcoin has been around for years but it's only recently that it attracted the attention of regular folks

it's only now they're hearing about bitcoin, about people who bought bitcoin when it was under $1000, under $500, or even under $100

they're hearing about those brand new millionaires

regular people who don't know anything about bitcoin are experiencing FOMO (fear of missing out)

so they're jumping in hoping to get rich quick like those who invested early

that flood of money into bitcoin sent its price up vertical



FOMO is a powerful force

[BlancNoir]

bitcoin has been around for years but it's only recently that it attracted the attention of regular folks

it's only now they're hearing about bitcoin, about people who bought bitcoin when it was under $1000, under $500, or even under $100

they're hearing about those brand new millionaires

regular people who don't know anything about bitcoin are experiencing FOMO (fear of missing out)

so they're jumping in hoping to get rich quick like those who invested early

that flood of money into bitcoin sent its price up vertical



FOMO is a powerful force

Those mofos are experiencing fomo. Lol corny. Hahaha

Anyway, it's human psyche and it is a very powerful tool.

I first heard about bitcoin last 2014 when it was trading at about 1,800+ then it crashed to about 400+ ata.

Then people who missed out in 2014, wanted in now kaya pumped up na sobra yung price. And the people who bought just now, sila yung kawawa kapag nag crash na. I say "kapag" kasi it's not a matter of if, but when.

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[StockEngine]

will it reach 10,000 usd? ☻

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[uls]

^^

there are still many people who want to get into bitcoin

as long as new money keeps going in, the price will keep going up

[StockEngine]

8000usd 🤔🤔🤔

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[Ketib]

8000usd 🤔🤔🤔

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Planning to leave my work here abroad and attend training in Taiwan this January. Would it be practical? My wife told me regarding this bitcoin. Training is centered investing online, actually i have no idea about forex trading.

[StockEngine]

if you look.. i postd btc going to 10000usd...

Mike Novogratz Doubles Down on $10,000 Bitcoin - CoinDesk

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