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Nzoner's Game Room>Bitcoin Take?
ChiefRocka 11:41 AM 02-15-2013
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...



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Fat Elvis 11:43 PM 07-18-2018
Originally Posted by BWillie:
It's kind of nice to make some money the last few days. Losing $200,000+ since the end of 2017 was beginning to take it's toll. We need more of this good news or my cat ain't gonna be able to eat.
You remind of those guys who come out of a casino and say they just won $500...uh, didn't you go in with $2,000? Yeah, but see, I now have $500 that I won at the casino.....
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Fat Elvis 11:45 PM 07-18-2018
Originally Posted by BWillie:
It's kind of nice to make some money the last few days. Losing $200,000+ since the end of 2017 was beginning to take it's toll. We need more of this good news or my cat ain't gonna be able to eat I'm going to have to eat my cat.
FYP
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SuperBowl4 11:46 PM 07-18-2018
Crypto is BS they can pull the plug on your digital currency/digts anytime. If you can't hold it physically is not really yours.
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ChiefRocka 04:34 AM 07-19-2018
Originally Posted by SuperBowl4:
Crypto is BS they can pull the plug on your digital currency/digts anytime. If you can't hold it physically is not really yours.
Including your checking/savings/401k
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lewdog 05:53 AM 07-19-2018
Originally Posted by ChiefRocka:
Including your checking/savings/401k
There’s FDIC insurance on Bitcoin?
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MahiMike 08:59 AM 07-19-2018
Originally Posted by SuperBowl4:
Crypto is BS they can pull the plug on your digital currency/digts anytime. If you can't hold it physically is not really yours.
Sounds like a banker.
[Reply]
BWillie 09:28 AM 07-19-2018
Originally Posted by Fat Elvis:
You remind of those guys who come out of a casino and say they just won $500...uh, didn't you go in with $2,000? Yeah, but see, I now have $500 that I won at the casino.....
:-)You remind me of my family when they ask me about my poker. They always ask me, how much have you won? Then they are like, ohh well how much did you lose (like I'm not including it or something)? I don't even know how much I've lost, probably Ten Million dollars I've lost. All I know is how much money I won over the course of a session. Start with $2,000, end with $3,000. You made $1,000. If you end with $1500 then you've lost $500. Eureka!

Depending on what dates I've acquired bitcoin, It's either gone up in value you (you know, meaning I've made money), or it's gone down in value (you know, meaning I've lost money). Try to follow along. If I acquired most of my bitcoin when it was $700 to $1,500. We still doin' alright. I won't be losing money until it hits $1,800 or so.

When this shit hits 50k you guys are going to be all FOMO. You'll see damn it. You'll see! I keep telling myself this at least.
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BWillie 09:31 AM 07-19-2018
Originally Posted by ChiefRocka:
Including your checking/savings/401k
I'm fascinated with whoever first successfully got people to participate in banking. They must have been one great salesman.

Local townsman, lend me your ears! To everyone keeping your money under your mattresses, I have a better idea. How about you give me all your money, I'll hold onto it for you and loan it out to other people who may or may not pay me back, and I'LL make money off of your money while you get nothing. You'll probably get it back, eventually. Sound like a deal?
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SuperBowl4 09:53 AM 07-19-2018
Originally Posted by MahiMike:
Sounds like a banker.
Does anybody really know who started Bitcoin? Probably some banker?
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BWillie 09:55 AM 07-19-2018
Originally Posted by SuperBowl4:
Does anybody really know who started Bitcoin? Probably some banker?
I am Satoshi Nakamoto.
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Fat Elvis 10:47 AM 07-19-2018
Originally Posted by BWillie:
:-)You remind me of my family when they ask me about my poker. They always ask me, how much have you won? Then they are like, ohh well how much did you lose (like I'm not including it or something)? I don't even know how much I've lost, probably Ten Million dollars I've lost. All I know is how much money I won over the course of a session. Start with $2,000, end with $3,000. You made $1,000. If you end with $1500 then you've lost $500. Eureka!

Depending on what dates I've acquired bitcoin, It's either gone up in value you (you know, meaning I've made money), or it's gone down in value (you know, meaning I've lost money). Try to follow along. If I acquired most of my bitcoin when it was $700 to $1,500. We still doin' alright. I won't be losing money until it hits $1,800 or so.

When this shit hits 50k you guys are going to be all FOMO. You'll see damn it. You'll see! I keep telling myself this at least.
So you still up around 90K or thereabouts? That would be my guess....
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ChiefRocka 06:27 PM 07-19-2018
Originally Posted by lewdog:
There’s FDIC insurance on Bitcoin?
No, who said that? There might be one day though when its six figures.
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MahiMike 07:13 PM 07-19-2018
I'm watching a seminar with Teeka Tiwari and Glen Beck. Teeka called for $10K BTC last year when it was tanking. He's saying $40K-$65K by end of the year.
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lewdog 07:17 PM 07-19-2018
Originally Posted by ChiefRocka:
No, who said that? There might be one day though when its six figures.
They said "Crypto is BS they can pull the plug on your digital currency/digts anytime. If you can't hold it physically is not really yours."

You Said "Including your checking/savings/401k."

I said "There’s FDIC insurance on Bitcoin?"


Do you get it now? Those things have some security with them, Bitcoin does not.
[Reply]
lewdog 07:18 PM 07-19-2018
Originally Posted by MahiMike:
I'm watching a seminar with Teeka Tiwari and Glen Beck. Teeka called for $10K BTC last year when it was tanking. He's saying $40K-$65K by end of the year.
:-)

Here we go again. Paging BossChief for the daily update of predictions. It was $100k by 2018 I thought?
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