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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...



[Reply]
eDave 12:29 PM 01-05-2021
https://www.cnbc.com/2021/01/05/jpmo...with-gold.html

Valuations

Bitcoin $520 billion
Visa $517 billion
JPMorgan $381 billion
MasterCard $346 billion
PayPal $271 billion
BofA $260 billion
Citi $127 billion
Wells Fargo $123 billion
Morgan Stan. $122 billion
Square $97 billion
AmEx $95 billion
Goldman $93 billion
Ethereum $83 billion

— Jon Erlichman (@JonErlichman) December 30, 2020

[Reply]
BWillie 02:13 PM 01-05-2021
Originally Posted by eDave:
  • JPMorgan said bitcoin could rally as high as $146,000 in the long term as it competes with gold as an “alternative” currency.
  • Bitcoin’s volatility would need to drop substantially before it can match gold in terms of market value, the bank’s strategists said in a note Monday.
  • JPMorgan CEO Jamie Dimon once called bitcoin a “fraud” and said he is more interested in blockchain technology than crypto.
https://www.cnbc.com/2021/01/05/jpmo...with-gold.html

via GIPHY


[Reply]
MahiMike 02:20 PM 01-05-2021
Originally Posted by BWillie:
Worst decision I ever made was NOT putting everything I own in BTC when it was $600.

2nd worst decision I ever made was not selling one of my properties and putting it all on bitcoin when it dropped to 3.3k once I actually had knowledge about crypto.

Fomo
I think we all can say this now. I told my wife when I 1st got in at $2500 that I wanted to buy $50K worth. Instead I spread it out among other stuff...

oh well. At least I'm in the game.
[Reply]
MIAdragon 02:39 PM 01-05-2021
Originally Posted by MahiMike:
I think we all can say this now. I told my wife when I 1st got in at $2500 that I wanted to buy $50K worth. Instead I spread it out among other stuff...

oh well. At least I'm in the game.
I’ve got you in the “I’m an idiot” contest. One of my biz partners asked if we could shift something in the 50k range when BC was in the 6-700 range. I told him “I’d rather wipe my ass and flush that money”. He enjoys sending random figures on where that’d be from time to time.
[Reply]
TinyEvel 03:15 PM 01-05-2021
Meh. In 1997 I spent $4500 on Evel Knievel collectibles.

If I had spent that on Amazon stock instead (and held it) it would be worth something like 4 million today.
[Reply]
Ninerfan11 03:28 PM 01-05-2021
Originally Posted by ChiefRocka:
Big news folks

Today the OCC published Interpretive Letter 1174, which explains banks may use new technologies, including independent node verification networks (INVNs) and stablecoins, to perform bank-permissible functions, such as payment activities. Said simply, a bank may use stablecoins (cryptocurrencies designed to minimize the price volatility) to facilitate payment transactions for customers.

In doing so, a bank may issue stablecoins, exchange stablecoins for fiat currency, as well as validate, store, and record payments transactions by serving as a node on a blockchain (INVN).
How is that good for crypto? Wouldn't that be a direct competitor?
[Reply]
BossChief 11:18 PM 01-05-2021
Pushing 36k
[Reply]
Ninerfan11 11:51 PM 01-05-2021
You hear that fellas? That's Technocratic Marxism coming down the pike fast. Buy bitcoin, buy guns, and buy gold (or just more bitcoin).

This pump we got tonight was courtesy of the American political clownshow, good luck all.
[Reply]
teedubya 12:04 AM 01-06-2021
BTC is about to pass Alibaba on the market cap charts... all of crypto is about to pass $1T.

I'm glad I got in way back in the day. It's one time when being anti-government paid off big time.
[Reply]
BWillie 03:18 AM 01-06-2021
ATH's on the daily for BTC
[Reply]
Ninerfan11 03:29 AM 01-06-2021
ETH gonna pump next methinks. So close to ATH
[Reply]
Stanley Nickels 01-06-2021, 06:18 AM
This message has been deleted by Stanley Nickels.
crispystl 07:12 AM 01-06-2021
Originally Posted by Ninerfan11:
ETH gonna pump next methinks. So close to ATH

I’ve been waiting like a snake in the grass for months for ETH to pump.


Sent from my iPhone using Tapatalk
[Reply]
Ninerfan11 06:05 PM 01-06-2021
37K, guard your wealth, guard your guns.
[Reply]
George Liquor 06:50 PM 01-06-2021
Should I hop on the ethereum train?
[Reply]
diqlix 06:54 PM 01-06-2021
Bitcoin is going to crash soon, isn’t it?
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