Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. Pekelo

    Pekelo

    No. BTC is Bitcoin core the failed currency, that charges $25+ per transaction.

    BCH is Bitcoin cash, that actually still works as a payment due to very low fee and fast confirmation. This is the true bitcoin as Satoshi described it in the white paper. Core believers are having a hard time acknowledging that they are betting on shit. Anybody who is in it for the technology should have switched to BCash, because that is how things advance.

    This evolution has shown:

    1. Bitcoin isn't unique.
    2. The Myspace analogy was perfect.
    3. Even BCash is just a step in the evolutionary process, because we already have better cryptos like Monero.
    4. This process never ends and the obsolete will be left behind, and will lose usage AND price.

    If you add all these together, there is no point in highly valuing ANY of the cryptos, because again >>> evolution...

    Evolve or die.
     
    #1041     Dec 26, 2017
  2. Cuddles

    Cuddles

    So in spirit then
     
    #1042     Dec 26, 2017
  3. Pekelo

    Pekelo

    The second rejection around 16.5K at the SMA line on the daily doesn't bode well for longs.
     
    #1043     Dec 27, 2017
  4. I told ya'll I was in at 19999

    Long and strong.
     
    #1044     Dec 27, 2017
  5. algofy

    algofy

    Bitcoin doesn’t give any fucks about SMAs, it does what it wants.
     
    #1045     Dec 27, 2017
  6. Pekelo

    Pekelo

    TA doesn't give a fuck about your opinion, it does what it always do... :)

    We already established that cryptos are easy to trade by TA. Be angry at your friends who told you this was a store of value...
     
    #1046     Dec 27, 2017
  7. volente_00

    volente_00

    Anyone trading BTC on the cme?
    If so what size and how are your fills?
     
    #1047     Dec 27, 2017
  8. dealmaker

    dealmaker

    Charlie Munger Interview - Munger Destroys Bitcoin

     
    #1048     Dec 27, 2017
    SoesWasBetter likes this.
  9. crypto is a vulgarity.
    the most amazing thing is the regulators didn't stop it.

    fukking morons, useless.\

    they cant stop crack, or crypto. why do we pay them?
     
    #1049     Dec 28, 2017
  10. dealmaker

    dealmaker

    The Rise of Bitcoin and Other Stupid Meme Currencies: The Daily Show

     
    #1050     Dec 28, 2017
    SoesWasBetter likes this.