So, does anyone mess around with Bitcoin?
I confess I am less that knowledgeable or comfortable with the concept. But, I do follow it.
Today one Bitcoin is over $18,000
Is this the future?
I dont buy things with my phone so I guess that will tell you I drag my feet when it comes to something new.
Bitcoin
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RichardZ
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Pick 'Em
Bitcoin
"At the core of Liberalism is the spoiled child... miserable, as all spoiled children are. Unsatisfied, demanding, ill-disciplined despotic and useless. Liberalism is a philosophy of sniveling brats"...P. J. O'Rourke
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ToledoCat#3
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From the outside looking in, Bitcoin always looks like a scam to me -- the ultimate in fiat money. But, I could be wrong and it could be the future of money -- but it won't be for me . ;)
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ChemicalKat
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RichardZ
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Just today it bumped up $2300 to $23,000+
One banker said it would reach $400,000!!!
Bitcoin is now becoming part of big investment firm's portfolios.
Paypal accepts Bitcoin also.
One banker said it would reach $400,000!!!
Bitcoin is now becoming part of big investment firm's portfolios.
Paypal accepts Bitcoin also.
"At the core of Liberalism is the spoiled child... miserable, as all spoiled children are. Unsatisfied, demanding, ill-disciplined despotic and useless. Liberalism is a philosophy of sniveling brats"...P. J. O'Rourke
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NealyFan
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I still don’t fully understand it.
“It’s a tremendous challenge. The opportunity exists here today... for the greatest turnaround in college football history. And it’s not one to be taken lightly.” —- Bill Snyder
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RichardZ
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Me neither. But, then again I don't pay for my coffee at Starbucks with my phone. Listening to the business channel right now. Said Bitcoin is up 500% in the last two years.
"At the core of Liberalism is the spoiled child... miserable, as all spoiled children are. Unsatisfied, demanding, ill-disciplined despotic and useless. Liberalism is a philosophy of sniveling brats"...P. J. O'Rourke
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Zoltar
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This is the most important post you will read on this subject. If you are posting on a sports fan site looking for advice on bitcoin, BITCOIN IS NOT FOR YOU!
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- Section 12-2 • KITNooga
Win the dang day!
The Ultimare Ponzi Scheme. All you are doing in buying an imaginary coin that you hope to sell later to a bigger sucker.
Like a Ponzi but they have made this one legal. You actually own nothing, unlike gold or silver, or a share in a corp. where you actually own some thing.
Like a Ponzi but they have made this one legal. You actually own nothing, unlike gold or silver, or a share in a corp. where you actually own some thing.
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NealyFan
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The dollar is the same once we got off the gold standard.Mrylndcat wrote: ↑December 18th, 2020, 3:11 pmThe Ultimare Ponzi Scheme. All you are doing in buying an imaginary coin that you hope to sell later to a bigger sucker.
Like a Ponzi but they have made this one legal. You actually own nothing, unlike gold or silver, or a share in a corp. where you actually own some thing.
At the end of the day, currency is all about confidence and trust.
“It’s a tremendous challenge. The opportunity exists here today... for the greatest turnaround in college football history. And it’s not one to be taken lightly.” —- Bill Snyder
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ToledoCat#3
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Correcto, Nealy, bro.
A gold based currency is the only currency that one can have confidence in. The Chinese understand this fact, hence, the all-out accumulation of gold in their attempt to displace the USA as the global currency.
As an aside, a currency equal in confidence to gold can be had by a parity-priced market-basket of basic commodities. Kansas's last member of the Fed, Wayne Angel of Ottawa, said so in an interview during his tenure on the Fed.
A gold based currency is the only currency that one can have confidence in. The Chinese understand this fact, hence, the all-out accumulation of gold in their attempt to displace the USA as the global currency.
As an aside, a currency equal in confidence to gold can be had by a parity-priced market-basket of basic commodities. Kansas's last member of the Fed, Wayne Angel of Ottawa, said so in an interview during his tenure on the Fed.
