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Post subject: Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 2:40 am
NEVER STOP JAMMING!
Joined: Sun September 15, 2013 5:50 am Posts: 22393
anyone get down with Ripple?
PC Digest voted it #1 way to transfer money to warlords in shithole countries
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Post subject: Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 2:51 am
NEVER STOP JAMMING!
Joined: Sun September 15, 2013 5:50 am Posts: 22393
so i should buy some is what you're saying
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Post subject: Re: bitcoin, the blockchain, and cryptocurrency
Posted: Fri January 12, 2018 3:15 am
NEVER STOP JAMMING!
Joined: Sun September 15, 2013 5:50 am Posts: 22393
can ripple be used to make good things, like internet news articles
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Post subject: Re: bitcoin, the blockchain, and cryptocurrency
Posted: Mon January 15, 2018 2:01 am
NEVER STOP JAMMING!
Joined: Sun September 15, 2013 5:50 am Posts: 22393
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
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Post subject: Re: bitcoin, the blockchain, and cryptocurrency
Posted: Tue January 16, 2018 11:06 pm
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14268
Ouchies.
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Post subject: Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sat January 27, 2018 1:04 am
An enigma of a man shaped hole in the wall between reality and the soul of the devil.
Joined: Tue January 01, 2013 5:13 pm Posts: 39824 Location: 6000 feet beyond man and time.
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.
Post subject: Re: bitcoin, the blockchain, and cryptocurrency
Posted: Sun January 28, 2018 3:16 am
An enigma of a man shaped hole in the wall between reality and the soul of the devil.
Joined: Tue January 01, 2013 5:13 pm Posts: 39824 Location: 6000 feet beyond man and time.
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.
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.
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Post subject: Re: bitcoin, the blockchain, and cryptocurrency
Posted: Tue January 30, 2018 1:07 am
NEVER STOP JAMMING!
Joined: Sun September 15, 2013 5:50 am Posts: 22393
baller move
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