what do we think of bitcoin?

Discussion in 'Current Affairs & Debate' started by ameraal, Apr 24, 2020.

  1. ameraal

    ameraal la loi de murphy

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    there's a halving coming up in the next weeks and i've seen headlings say it could be a make or break moment. i don't feel informed enough at all to have a proper opinion on this but from what i do know, i hope it's the former.
     
  2. SDF

    SDF We're all Angles in Chainz

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    I actually do not understand this at all and it makes me feel very, very old
     
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  3. ameraal

    ameraal la loi de murphy

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    she does need to hire a better publicist.
     
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  4. big ron

    big ron Nude inspector

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    I am not convinced that fiat currencies are fragile enough for bitcoin to ever be more than a fringe investment. Its far to prone to hype l, its limited and the forks make it too volatile.
     
  5. RaspberrySwirl

    RaspberrySwirl Leftover

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    Same here, and I always skip whenever it comes up when I’m reading the news.
     
  6. big ron

    big ron Nude inspector

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    Ok boomers
     
  7. RaspberrySwirl

    RaspberrySwirl Leftover

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    It’s not an age thing; some of us gays don’t care for such nerdy issues.
     
  8. RaspberrySwirl

    RaspberrySwirl Leftover

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    Get back to us when we can buy expensive shoes and party drugs for those bitcoins of yours.
     
  9. ameraal

    ameraal la loi de murphy

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    understanding and adoption are the two main hurdles i think. i do think it's still comparatively small (bezos has more money than bitcoin's entire market cap!) and thus vulnerable but i believe that will change and gradually its volatility will improve.

    that said, i admire the technology and i like to think it's the future.
     
  10. Zu-Klara

    Zu-Klara ON THE TROT

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    I don't even really know what it IS, much less what you do with it
     
  11. Zu-Klara

    Zu-Klara ON THE TROT

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    Or expensive drugs and party shoes :disco:
     
  12. COB

    COB Pop it in here thanks

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    I think it's one of those things that's mainly popular with libertarians on the internet (much like Ayn Rand books and obsessively memorising age of consent laws in different countries).
     
  13. Mats

    Mats User

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    the ship's sailed for the general public. in its current form it's a currency for speculation and crime
     
  14. Phoenix

    Phoenix The Nest

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    I struggle keeping track of real money, I can’t imagine having to deal with imaginary currencies.
     
  15. Zu-Klara

    Zu-Klara ON THE TROT

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    Ayn Rand! :D:disco::side-eye:
     
  16. Lee

    Lee Ne me quitte pas

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    I luckily made about $5000 off it 2 years ago, but it’s been pretty flat since then. Anything I have left in it now is just profit so I’m happy to just see where it goes.
     
  17. RaspberrySwirl

    RaspberrySwirl Leftover

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    Maybe it’s because I know more lefties than libertarians but I love how it’s only the former that always mention Ayn Rand.
     
  18. ameraal

    ameraal la loi de murphy

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    oh no, that ayn rand stamp will haunt me forever now.
     
  19. ameraal

    ameraal la loi de murphy

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    i read atlas shrugged and didn't hate it. please don't cancel me :(
     
  20. RaspberrySwirl

    RaspberrySwirl Leftover

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    I wouldn’t, but I’m sure @COB will.
     
  21. ameraal

    ameraal la loi de murphy

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    :eyes:

    it's all in good fun.

    back to the halving! will it bop or will it flop?
     
  22. Zu-Klara

    Zu-Klara ON THE TROT

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    Didn't humble Ayn have a tendency to hit (as in physically attack) the admiring followers who came to her sordid soirées when she decided she'd had enough of them? This might not be true but I'm sure I read it somewhere and it's written on the internet now so it's definitely true :disco:
     
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  23. COB

    COB Pop it in here thanks

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    Fuck off.
     
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  24. Zu-Klara

    Zu-Klara ON THE TROT

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    :D OMG @COB is turning into a CHAT LOUNGE MONSTER! :shock:
     
  25. RaspberrySwirl

    RaspberrySwirl Leftover

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    Clearly not.
     
  26. Gangsta Nancy Lam

    Gangsta Nancy Lam mess

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    That's because libertarians can't read.
     
  27. big ron

    big ron Nude inspector

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    I only learnt about it because of the dark web and drugs. But smart people use Monero now for that sort of thing. Or at least they did last time I looked.
     
  28. Gangsta Nancy Lam

    Gangsta Nancy Lam mess

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  29. OutSynk

    OutSynk My name is Matilda.

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    Flopping at the moment but according to certain STATISTICS it might take longer this time to bop.
     
  30. OutSynk

    OutSynk My name is Matilda.

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    @ameraal to be BANNED from making new threads.:argh:
     
  31. Soldi

    Soldi America’s Fun Aunt

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    He’s not logged in since 9th June :D:(
     
  32. OutSynk

    OutSynk My name is Matilda.

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    Saving us from more lower case HORRORS.
     
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  33. OutSynk

    OutSynk My name is Matilda.

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  34. Cloud

    Cloud Heck

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    I wish I'd bought into it when I first heard about it. For a tenner, I would've been a millionaire now.

    Pointless getting into it this late IMO, but those could be words I end up eating again
     
  35. OutSynk

    OutSynk My name is Matilda.

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    Late? I don’t think cryptocurrency has even STARTED yet. Moonboys are predicting at least 100k for the next bull run. Although more money will probably be made with the alternative shitcoins which will go up with bitcoin but are much cheaper to buy.
     
    Last edited: Jul 16, 2020
  36. big ron

    big ron Nude inspector

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    Oh dear. Looks like it was Twitter that was compromised and the hackers just picked popular/crypto accounts, and it worked.

    I do love the whole world of bitcoin/dark web because its just so wild and unregulated.
     
  37. Suedey

    Suedey The name is Rosé. Champagne Rosé.

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    WTF is bitcoin
     

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