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Cryptocurrency

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    #71
    Originally posted by diseasex View Post
    No once it bursts all the alt coins will burst even worse
    Fear you might be right. Nevertheless a number of things have changed since Dec 2013, the time of the last major burst. Bitcoin was the only in/out with fiat currency. I can imagine Ripple will benefit well from a bitcoin collapse.
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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      #72
      Originally posted by scooterscot View Post
      Fear you might be right. Nevertheless a number of things have changed since Dec 2013, the time of the last major burst. Bitcoin was the only in/out with fiat currency. I can imagine Ripple will benefit well from a bitcoin collapse.
      Or history will repeat itself from 2013 simply?

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        #73
        Originally posted by diseasex View Post
        A text file worth more than gold

        I'm watching it with interest but will not enter. Not my cup of tea, don't understand it well enough
        Is it really any different when the BoE presses the QE button on the computer? Or indeed the FED pumping out billions of dollars a month?

        Also consider Japan's movement on Bitcoin. They're really going for it in a big way now..
        "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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          #74
          Originally posted by diseasex View Post
          A text file worth more than gold

          I'm watching it with interest but will not enter. Not my cup of tea, don't understand it well enough
          Wasnt there a thing a few years ago where someone chucked his HD away accidentally and then spent yonks down the dump looking for it because his bitcoin wallet was on there?
          Rhyddid i lofnod psychocandy!!!!

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            #75
            Originally posted by scooterscot View Post
            Is it really any different when the BoE presses the QE button on the computer? Or indeed the FED pumping out billions of dollars a month?

            Also consider Japan's movement on Bitcoin. They're really going for it in a big way now..
            Yes it's different. You don't get paid in bitcoin and you don't pay in shop with bitcoin, you also don't pay taxes in bitcoin. Therefore the circulation is limited to exchange and few shops that accept it as alternative. Thats the difference.

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              #76
              Originally posted by diseasex View Post
              Yes it's different. You don't get paid in bitcoin and you don't pay in shop with bitcoin, you also don't pay taxes in bitcoin. Therefore the circulation is limited to exchange and few shops that accept it as alternative. Thats the difference.
              there are services out there that you can utilise to use your BTC in the "real world"

              for instance I'm currently buying new bathrooms from Amazon using btc

              Comment


                #77
                Originally posted by diseasex View Post
                Yes it's different. You don't get paid in bitcoin and you don't pay in shop with bitcoin, you also don't pay taxes in bitcoin. Therefore the circulation is limited to exchange and few shops that accept it as alternative. Thats the difference.

                You use Amazon? 15% off everything if you use BC instead of fiat. https://purse.io

                You drink coffee? Buy it at Starbucks with BC. https://coffee.foldapp.com

                Without the research you don't understand what's behind the increase.

                PS: I'm sure I read about Dash and Amazon coming to an agreement...

                People there's easy dosh to made here. I've already outdone my turnover from last year. MAD.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                  #78
                  Originally posted by scooterscot View Post
                  Bitstamp is a licensed European based exchange. Good support by e-mail and telephone. You will need to go through an ident process with them.

                  Registered with Bitstamp but they only do BTC and XRP.
                  Last edited by Drei; 11 May 2017, 13:15.

                  Comment


                    #79
                    Originally posted by scooterscot View Post
                    You use Amazon? 15% off everything if you use BC instead of fiat. https://purse.io

                    You drink coffee? Buy it at Starbucks with BC. https://coffee.foldapp.com

                    Without the research you don't understand what's behind the increase.

                    PS: I'm sure I read about Dash and Amazon coming to an agreement...

                    People there's easy dosh to made here. I've already outdone my turnover from last year. MAD.
                    Again , the time to buy it was maybe at 300$,not now. I have a friend who invested £200k then. He's probably sitting on cash if wasnt robbed (lost contact with him as he went to Australia). he understood it, had data for it, was looking at some numbers and said "thats the thing". Well I don't see what he saw then. I'm staying away from what I don't understand.

                    Comment


                      #80
                      Originally posted by Drei View Post
                      Registered with Bitstamp but they only do BTC and XRP.
                      Yes. And with both of those you can trade on https://bittrex.com/Market/Index?MarketName=BTC-XLM

                      If you want to change quickly and don't mind paying a fee, then those services will change for you in <10 minutes

                      https://shapeshift.io

                      https://changelly.com
                      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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