Missed out on bitcoin? You can still earn some easy money.

Discussion in 'Lifestyle' started by Parrot, Dec 7, 2013.

  1. white is right

    white is right Hall of Famer

    Joined:
    Feb 16, 2006
    Messages:
    7,758
    The bubble has officially burst. I suspect it crashes like the Hindenburg, down to about 1K US, which was about the price before this bizarre frenzy......
     
  2. Freethinker

    Freethinker Master

    Joined:
    Oct 3, 2008
    Messages:
    3,529
    Location:
    Brooklyn, New York
    I don’t agree. Blockchain technology is not going anywhere. In fact, it’s only beginning to be adopted by companies and governments.

    How crypto currencies fair in the long run is debatable. Most will probably fail but some will emerge and garner wider spread adoption. Bitcoin, for example, is slow and antiquated tech at this point. However, it has widespread name recognition. Monero, while lesser known, has full privacy built in which is leading many to predict its inevitable rise in prominence. It’s also possible the next big coin has yet to be invented.

    Also keep in mind that many “altright” personalities have been shutout of the jewi$h financial system and online payment processors like PayPal and go fund me. They are all using cryptos now to fund their operations. If things get worse for us politically, it’s not hard to imagine the (((system))) shutting anyone with “wrong thoughts” out financially.

    “You don’t believe that 88 gorillion jew$ were gased by evil Nazis? No more credit card or bank account for you goyim.”
     
    Last edited: Feb 4, 2018
  3. Heretic

    Heretic Master

    Joined:
    May 1, 2015
    Messages:
    2,356
    Very well said. I haven't had much extra time to keep up with the emerging cryptos. You are the second person that I have heard mention Monero in "conversation" over the past week, so I'll have to look into it. IMO a good and stable crypto currency has to be...decentralized, fully private, highly secure, finite and fast (near instantaneous transactions).

    The number of Bitcoins is finite, so it cannot be artificially inflated, therefore the "bubbles" can only be so big unlike what happened in the housing market several years ago. It's really more like virtual gold at this point, until transaction speeds improve greatly. If you do a Google search on "Bitcoin Price" to see what the current price is, Google will also display three Fake News stories, each of them disinfo about Bitcoin, so take it with a grain of salt.
     

Share This Page