Bitcoin currency of the future?

Discussion in 'Mayberry Lounge' started by CauseImbetta, Jan 1, 2016.

  1. Fraz

    Fraz The Larry

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    I'm thinking of investing 10k into Bitcoin, how long before it turns into 1 million? If it's any longer than a month i'll be furious and just buy a bridge instead.
     
  2. ToxicShocker

    ToxicShocker Hamsterdam

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    Ladies and gentlemen, This is the investor who has been driving Bitcoin.
     
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  3. badascan

    badascan Pugnacious Audacious Moral Nihilist Platinum Member

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    How does one get into bitcoin? My apologies if it's been mentioned. Does anyone know a site that could guide me?
     
  4. lakersfan45

    lakersfan45 That's sardo! No mr, accent on the do!

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    Didn’t a bunch of people warn you about this and you responded like a child with their fingers in their ear lol.
     
  5. Der Eisbär

    Der Eisbär Banned Banned

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    Not.
     
  6. SwamiLeoni

    SwamiLeoni Silver Belt

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    Coinbase and Gemini are the two most widely used at the moment. You can also buy using the Cash or Abra app. I wouldn’t recommend using Abra because I think they make you keep your BTC in their system, but I’m not 100% sure. There are some decent guides on YouTube to get you started (stay away from Suppoman) but if you feel they’re shilling instead of helping move onto a video that’s only informative and not trying to sell you something.
     
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  7. SuwoopBangin

    SuwoopBangin Praise Be Unto The Based

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    getcrypto.info has all the information you need
    Apparently gemini increased their fees dramatically recently so I've been using coinbase but if you're trying to get started it's basically as easy as:
    Sign up for coinbase
    Link your bank account
    Buy bitcoin/eth/litecoin

    Then if you want to buy or trade altcoins you just sign up for an exchange like binance and send your coins from coinbase to the exchange. Voila.
     
    Last edited: Apr 10, 2018
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  8. CerebralKnievel

    CerebralKnievel Silver Belt

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    I find the New Yorker's articles generally to be grossly overly long and rambling, but of course had to share this as it's suitable to the thread:

    A Sidelined Wall Street Legend Bets on Bitcoin

    https://www.newyorker.com/magazine/2018/04/16/a-sidelined-wall-street-legend-bets-on-bitcoin

     
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  9. xcvbn

    xcvbn Silver Belt Platinum Member

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    Novogratz's largest, or most important, investment is in his old college roommate Joe Lubin's(Ethereum co-founder) business: Consensys. These guys have grown from a dozen or so employees to around 500 in just 2.5 years. They almost exclusively work with Ethereum and they're primarily why I'm 100% all-in on ETH+Ethereum-based tokens.

    Based in Switzerland, these are the people educating major corporations and governments on blockchain technology.
     
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  10. Der Eisbär

    Der Eisbär Banned Banned

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    Bull trap or market reversal guys?
     
  11. CerebralKnievel

    CerebralKnievel Silver Belt

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    My magic 8 ball from Walgreen's says Bull Trap.
     
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  12. Der Eisbär

    Der Eisbär Banned Banned

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    Bitcoin shattered its resistance but bounced off 8200.
     
  13. CerebralKnievel

    CerebralKnievel Silver Belt

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    I wouldnt expect much until it starts making gains for like a week straight. Also just seems too soon. If it resurges anytime soon I would think it would still be a few months to a year before it happens. But hell, what do I know?
     
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  14. Der Eisbär

    Der Eisbär Banned Banned

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    Yeah I dont think anyone was expecting this sudden surge. But buying begets more buying. Who knows what could happen.

    Check this shit out-
    https://www.cnbc.com/2018/04/13/how...ncies-are-fueling-americas-opioid-crisis.html


    <Huh2>
     
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  15. CerebralKnievel

    CerebralKnievel Silver Belt

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  16. Der Eisbär

    Der Eisbär Banned Banned

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    Yeah let's pretend like the multi trillion dollar international drug trade isnt fueled by traditional currency lmao
     
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  17. SwamiLeoni

    SwamiLeoni Silver Belt

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    I love reading peoples comments when an article comes out like ‘Overstocks CEO say is BTC will be worth XXX in 2025 and that’s why he’s accepting it”.

    I shit you not you get people saying “Wow, another company I won’t be using” or “Never buying from there again!”

    I’m really curious as to why they would never buy from someone who accepts BTC? Is it because they feel it’s directly funding the drug market/terrorism, is it because it’s bad for the earth? I’m just so confused by people sometimes. Fiat does WAY more harm than any cryptocurrency is doing. I doubt we’ll live long enough to ever see that change.
     
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  18. Der Eisbär

    Der Eisbär Banned Banned

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    People's capacity for tribal/reductionistic thinking always baffles me. As if the blood of hundreds of millions of people wasn't fueled by traditional currency. As if traditional currency hasn't fueled the raping of the environment. :rolleyes:
     
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  19. Michaelangelo

    Michaelangelo Genetic Jackhammer Platinum Member

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  20. CerebralKnievel

    CerebralKnievel Silver Belt

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    Not at all what they're saying. Subtitles are bullshit. A farce.
     
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