Bitcoin

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Re: Bitcoin

Postby BadgerJelly on February 21st, 2018, 6:53 am 

Latrice » February 21st, 2018, 6:05 pm wrote:Hey, It seems to be established only in countries that have computers and internet. But it does have a uniform presence based on the USD (now at $793) , in Canada, Britain and Europe. And other counties, but these are the ones I'm following at the moment.


Huh? It's at $10900 not $793.

Will likely rise up to $40000-50000 over steadily before dropping again. I'm no expert though!! Just my generally impression of how things are going, but I'd expect it to be invested in more cautiously given the growth in public debate and scare mongering. Also, the other cryptocurrencies are lining up ... I am more interested in Bitcoin Gold long term, but yet to put money into anything because I'd don't have any to gamble with right now (and it is a kind of "gambling")
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Re: Bitcoin

Postby zetreque on March 13th, 2018, 3:04 am 

Trade money for electrons? Not me.

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Re: Bitcoin

Postby Admin1 on April 9th, 2018, 10:04 am 

BadgerJelly » 21 Feb 2018 10:53 wrote:
Latrice » February 21st, 2018, 6:05 pm wrote:Hey, It seems to be established only in countries that have computers and internet. But it does have a uniform presence based on the USD (now at $793) , in Canada, Britain and Europe. And other counties, but these are the ones I'm following at the moment.


Huh? It's at $10900 not $793.

Will likely rise up to $40000-50000 over steadily before dropping again. I'm no expert though!! Just my generally impression of how things are going, but I'd expect it to be invested in more cautiously given the growth in public debate and scare mongering. Also, the other cryptocurrencies are lining up ... I am more interested in Bitcoin Gold long term, but yet to put money into anything because I'd don't have any to gamble with right now (and it is a kind of "gambling")


Seems like the hype is dying down though. Without more global currency destabilization, not sure whats going to drive more general interest into crypto. Still, there won't be a dramatic bust anytime soon.
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Re: Bitcoin

Postby SciameriKen on April 9th, 2018, 10:59 am 

Admin1 » Mon Apr 09, 2018 2:04 pm wrote:Seems like the hype is dying down though. Without more global currency destabilization, not sure whats going to drive more general interest into crypto. Still, there won't be a dramatic bust anytime soon.


I'd agree the Hype is dying down for now - but in 2013 Bitcoin shot up from ~$30-100 dollars to $1000 -- it then settled between $200-500 for the next 3 years until this resurgence took it as high as $20,000. The blockchain technology has many potential applications - I think we haven't seen the last of bitcoin -- next resurgence could take it to unbelievable heights but whether that happens in 2 years or 5 years or more, who knows?
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