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Bitcoin currency of the future?

Goodfoot said:
Isn't Coinbase a moot point if you've moved your Bitcoin to a hardware wallet such as Trezor or Nano?
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Well as even Das whatever admitted this kind of shadiness could bring the whole industry down. Coinbase was the biggest selling app in the app store. Normal, everyday people using it.
 
this is how ridiculous it is getting.

A Tea Company's Stock Doubled When It Added 'Blockchain' to Its Name


This is a fuckin beverage company that added "blockchain" to its name and stocks soared. lol.

But the combination of hype and a general lack of knowledge about what's being invested in seems to have some investors latching onto anything with the words 'Bitcoin' or 'blockchain' in it. Or at least that's the only plausible explanation for why a beverage company saw its shares rise by almost 300 percent after a name change from Long Island Iced Tea Corp. to Long Blockchain Corp.

https://www.vice.com/en_ca/article/...-doubled-when-it-added-blockchain-to-its-name

one of many:

The stock, which had traded on over-the-counter markets, surged as much as 17,000%since it began trading in September. Trading will be suspended until Jan. 3.

RIOT blockchain is another. Biotech who changed name and soared. 3 right there I have followed.
 
Luminaire said:
Coinbase has 4.5 / 5 stars on the App store... with 377,970 reviews.

So I mean, they aren't perfect. But my 377 THOUSAND > your 360 crypto insider hipsters.
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You are as bad as that Das guy. At least he recognizes the shadiness. You don't. Which reviews are more likely to be by people who understand crypto and not bots? You are defending a con.

I was looking through recent reviews. past weeks or so. it doesnt have a 4.5 rating in that time frame. It is from the majority of people who used it before knowing it was a con.

Search reviews by recent. Go through them. Do it.


https://play.google.com/store/apps/details?id=com.coinbase.android&hl=en
 
JonesBones said:
You are as bad as that Das guy. At least he recognizes the shadiness. You don't. Which reviews are more likely to be by people who understand crypto and not bots? You are defending a con.
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It's you and Der Fraudsbar that are hyper emotional lol.

I'm pretty middle of the road.

Is crypto / blockchain exciting new tech with some potential? Yes.
Is investing in crypto currently in a bubble? Yes.

Is Coinbase horribly incapable of supporting it's userbase? Yes.
Are they inherently corrupt and trying to steal your money? No.
 
Luminaire said:
It's you and Der Fraudsbar that are hyper emotional lol.

I'm pretty middle of the road.

Is crypto / blockchain exciting new tech with some potential? Yes.
Is investing in crypto currently in a bubble? Yes.

Is Coinbase horribly incapable of supporting it's userbase? Yes.
Are they inherently corrupt and trying to steal your money? No.
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They are investigating insider trading of themselves. lol. whatever man.

a company that takes tons of money but cannot support the service that money was paid for. that is a con. this is money we are talking about here. what the fuck is wrong with you? You are defending a con. People with money in there are livid and have every right to be.


jfpqc.jpg



Oh, and they also make up their own prices. Selling shit way higher than other exchanges


https://thebitcoin.pub/t/why-is-coinbase-more-expensive-than-other-exchanges/6515


9c7ba4e8844c53031539461b1b4423161ca9225f.PNG
 
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Coinbase messing everyone around. I bought at 14 because I knew it would screw me if it went any lower. Now it’s saying 78 hours or some nonsense to transfer my coins to an exchange.

Anyone recommend a better way to buy coins?
 
JonesBones said:
this is how ridiculous it is getting.

A Tea Company's Stock Doubled When It Added 'Blockchain' to Its Name


This is a fuckin beverage company that added "blockchain" to its name and stocks soared. lol.

But the combination of hype and a general lack of knowledge about what's being invested in seems to have some investors latching onto anything with the words 'Bitcoin' or 'blockchain' in it. Or at least that's the only plausible explanation for why a beverage company saw its shares rise by almost 300 percent after a name change from Long Island Iced Tea Corp. to Long Blockchain Corp.

https://www.vice.com/en_ca/article/...-doubled-when-it-added-blockchain-to-its-name

one of many:

The stock, which had traded on over-the-counter markets, surged as much as 17,000%since it began trading in September. Trading will be suspended until Jan. 3.

RIOT blockchain is another. Biotech who changed name and soared. 3 right there I have followed.
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Well to be fair thats the Market. And it is a stupid beast. When the movie Frozen was going wild, you'd have noticed businesses with Frozen or Freeze in their names went up. Its just stupid human nature. They probably happily cashed in and changed their name back. Irrational exuburance is par for the course. :)
 
Yall take this shit too seriously. With the current crypto infrastructure (which i may add could fail at anytime), its possible to use crypto to make money without even really "investing" into one coin. Risk levels 100% but as long as you put in money you dont care about its not a big deal. Treat it like a video game and if coinbase service is still around in 1 year you can be a multi-millionaire without truley "investing" in a coin.

And if it all fails you only invested your throw away money anyways. You know, money you would spend on garbage like drugs, alcohol, or pizza.
 
Binh Dover said:
Yall take this shit too seriously. With the current crypto infrastructure (which i may add could fail at anytime), its possible to use crypto to make money without even really "investing" into one coin. Risk levels 100% but as long as you put in money you dont care about its not a big deal. Treat it like a video game and if coinbase service is still around in 1 year you can be a multi-millionaire without truley "investing" in a coin.

And if it all fails you only invested your throw away money anyways. You know, money you would spend on garbage like drugs, alcohol, or pizza.
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lol. good point. All my money in the market I have would have spent on stupid shit anyway. Even if I end up down, I will still be saving money.

But the idea of my brokerage not letting me sell high or buy low is infuriating. Timing is very important.

Speaking of the market. This is the chart for the 3rd largest shipping company behind UPS and FedEx. Rumors are Home Depot are gonna buy it before Amazon does. Can you imagine Amazon with their own shipping company? It is out of control. They have gotten into pharmacy and foods lately too. It lays waste to everything in its path.

xpo.jpg
 
I see what you're saying JB. Coinbase as an exchange is shady AF. I've noticed what you're saying about CB prices vs other exchanges. I suppose the biggest concern w/CB is that they seem to turning off buy/sell very frequently. I don't think they'd engage in any sort of exit scam just based on their size and profile exposure. But i would agree, its bad juju to keep your crypto with them. Personally i'm moving my coin to the Nano that i just got.
 
Binh Dover said:
Yall take this shit too seriously. With the current crypto infrastructure (which i may add could fail at anytime), its possible to use crypto to make money without even really "investing" into one coin. Risk levels 100% but as long as you put in money you dont care about its not a big deal. Treat it like a video game and if coinbase service is still around in 1 year you can be a multi-millionaire without truley "investing" in a coin.

And if it all fails you only invested your throw away money anyways. You know, money you would spend on garbage like drugs, alcohol, or pizza.
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While I've spent more on bad food, I at least got to pick the bad food.

What I have on coinbase is nothing I need to live but that doesn't mean I don't care about it. Coinbase basically accepting the money and then locking it up isn't ideal.. As I could have bought bad food or gone shithouse with it. This is money being discussed here, of course people take it serious. The "take this shit too seriously" talk should be taken to the UFC forums.

Also, video games offer a whole lot more control for your money.
 
I bought 160 bag of weed earlier today. I could have almost bought an apple stock for that. Or a few Coca Cola. Or a dozen Ford.

The Clinch said:
While I've spent more on bad food, I at least got to pick the bad food.

What I have on coinbase is nothing I need to live but that doesn't mean I don't care about it. Coinbase basically accepting the money and then locking it up isn't ideal.. As I could have bought bad food or gone shithouse with it. This is money being discussed here, of course people take it serious. The "take this shit too seriously" talk should be taken to the UFC forums.

Also, video games offer a whole lot more control for your money.
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Yeah, that is crippling to many people who arent as fortunate as you or put in much more money.

I've mentioned this many times but I will again: many successful investors recommend using no more than 10% of your portfolio on pure gambling. To have fun with. To get that fix. We need that fix. We are fuckin gamblers many of us are. Even Tony Robbins. So use that 10% to get that fix. I myself have fucked around with blockchain stocks. It has been a rollercoaster ride. It is fun to just be on it. I am getting burned on a blockchain stock as we speak. bought it at 5 yesterday and below 4 today but now slightly up.
 
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lol every crypto is red on the market cap, is this a crash or has this happened before? Never seen this since I've been watching them. Gotta suck for people who invested a lot of money. Thank god I just did it for shits and giggles.
 
Zazen said:
lol every crypto is red on the market cap, is this a crash or has this happened before? Never seen this since I've been watching them. Gotta suck for people who invested a lot of money. Thank god I just did it for shits and giggles.
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Not much of a crash, considering the big three already basically reclaimed like 70% of their major drop from 8est this morning.
 
Zazen said:
lol every crypto is red on the market cap, is this a crash or has this happened before? Never seen this since I've been watching them. Gotta suck for people who invested a lot of money. Thank god I just did it for shits and giggles.
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It’s a crash that is going to bounce back higher than ever. It’s a reoccurring pattern. It’s the best time to buy
 
Bitcoin is funny, you're investing in literally nothing and are surprised when the bubble bursts. People who invested in it deserve to lose their money, they were asking to lose their money.
 
the crash cant be that bad, the 150 or at the time 1% ofa bitcoin i bought then trasnfered to binaiance and pslit up on cryptos is still up to 250 dollars. if this is a bad crash i cant wait to see what happens once in in before the next big surge this time.
 
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