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Controversial Social Issues Discussions concerning controversial social issues. Topics include politics, religion, culture, social and economic issues, etc. Respect required at all times.


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  #1  
Old 10-29-2017, 02:37 PM
CryptoNinja CryptoNinja is offline
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Bitcoin, money of the future?

I am a big believer in Bitcoin and other cryptocurrencies. Any of you guys here into crypto?
 
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  #2  
Old 10-29-2017, 10:51 PM
vaguar vaguar is offline
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Warren Buffet doesn't endorse it. So I won't either https://www.coindesk.com/real-bubble...bitcoin-doubt/
 
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Old 10-29-2017, 11:03 PM
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sanusense sanusense is online now
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When you talk about Bitcoins, there's always a risk factor attached to it. Bitcoin is not a safe investment, but it has given 300% of return in a year. However, many government doesn't approve this Cyrpto currency in their country.

Only couple of countries have accepted Bitcoins as a legal payment method. In most of the countries, they still lie in legal/illegal stage...So, not a safer option!
 
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Old 10-30-2017, 06:03 AM
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Zap Zap is offline
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Block chain technology is just as revolutionary as the internet is.
Eventually, everyone will be using cryptocurrencies and the block chain.
 
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  #5  
Old 10-30-2017, 12:22 PM
qwerty113 qwerty113 is offline
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I honestly think it is here to stay
 
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  #6  
Old 10-30-2017, 12:53 PM
AlexM85 AlexM85 is offline
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Bitcoin is highly volatile and many economists say that it's a bubble, so I don't have much confidence in it.
 
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  #7  
Old 10-30-2017, 04:54 PM
CryptoNinja CryptoNinja is offline
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I think, the more someone educates themselves about Bitcoin, the more they will start to belive it will change the world.
 
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  #8  
Old 11-01-2017, 07:59 AM
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Quote:
Originally Posted by AlexM85 View Post
Bitcoin is highly volatile and many economists say that it's a bubble, so I don't have much confidence in it.
As more and more people use it, bitcoin will become a lot less volatile.
 
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Old 11-22-2017, 07:07 AM
Lebar.123 Lebar.123 is offline
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Quote:
Originally Posted by Zap View Post
As more and more people use it, bitcoin will become a lot less volatile.
Nowadays it's really hard to use it in some countries and I don't think Bitcoin will become stable in our lifetime.

For now, Bitcoin can be a bit tricky and should be taken with a grain of salt.
 
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  #10  
Old 11-22-2017, 08:13 AM
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Quote:
Originally Posted by Lebar.123 View Post
Nowadays it's really hard to use it in some countries and I don't think Bitcoin will become stable in our lifetime.

For now, Bitcoin can be a bit tricky and should be taken with a grain of salt.
Mass adoption hasn't happened yet. But when it does, it will become more stable. And it WILL happen.
The CME is opening trading to Bitcoin futures contracts next month.
That, and a price of $10,000 will start the institutional Wall Street money flowing into it.
Then mass adoption will begin to take hold some time after that.

I understand your trepidation regarding bitcoin.
But keep in mind that people had the same opinions about cars, way back when they were called horseless carriages.
And people were slow to the party with the internet too, back in the days of BBSs.
They seem to have done alright.

Block chain technology is no different than those first cars or the BBSs that some of us used. Bitcoin (and block chain technology) has been around for 8 years.
Block chain technology is here to stay. It isn't going to fade away.
Bitcoin may not be it's king in 5 or 10 years but another token will take its place if the market so decides.

The question you should be asking yourself is...
Do I want to buy bitcoin under $10,000 or wait until it hits $50,000, or $100,000 and then buy it?
 
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Old 11-22-2017, 09:34 AM
CryptoNinja CryptoNinja is offline
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Someone recently said they would "never" buy Bitcoin. My response was that 20 years ago many people said that about computers. "Why would I ever want a computer?"

It's OK if you don't understand it now. But the people that will be buying Bitcoin in 10 years for the first time will, much like computers, wishing they had done it earlier.
 
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  #12  
Old 12-22-2017, 11:45 AM
ICOanimals ICOanimals is offline
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Bitcoin has been a hot topic for the past few years, creating a multi-billion-dollar market. It has ups and downs but I think we all need to try it.
 
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  #13  
Old 12-22-2017, 11:58 AM
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ScriptMan ScriptMan is online now
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With respect due all and an apology to my friend Zap The Dutch once though tulip bulbs were a sure fire investment. If you don't know how that ended you can look it up.

I own no coins and have no plans to so.
 
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  #14  
Old 12-22-2017, 12:07 PM
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LMD LMD is online now
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Quote:
Originally Posted by ICOanimals View Post
Bitcoin has been a hot topic for the past few years, creating a multi-billion-dollar market. It has ups and downs but I think we all need to try it.
What?? you've got to be kidding! No one in their right mind should invest in this thing today unless they'd be Ok losing money on the investment.

Just last Sunday it was near $20,000, and according a few sources I've looked at today, it's sits just a tad over $13,000.

So, if you bought one coin last week, you'd be at a loss of around $7000.
 
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  #15  
Old 12-22-2017, 12:14 PM
manojptl624 manojptl624 is offline
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Why are all Bitcoin liked so much? It may be harmful to keep it for a long time.
 
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  #16  
Old 12-25-2017, 12:11 AM
anandsoft anandsoft is offline
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Quote:
Originally Posted by Zap View Post
Block chain technology is just as revolutionary as the internet is.
Eventually, everyone will be using cryptocurrencies and the block chain.
Hi Zap, Why you think so (that it is as revolutionary as Internet)? What would be the driving force to adopt block chain on a larger scale by the people? Is there any NEED that is fulfilled by block chain technology.
 
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  #17  
Old 12-25-2017, 12:21 PM
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Registernuke Registernuke is offline
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In regards to the opening thread, I personally have not invested nor bought any type of cryptocurrencies. I am pretty much a conservative person and don't really take that many risks, especially when it comes to money and financing. Perhaps that is a reason why I am not a wealthy person, but I am okay and content with that.

With that being said, could it be the currency of the future? Maybe, but until it becomes mainstream I'll stick with what helps put food on the table at the moment.
 
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  #18  
Old 01-03-2018, 05:40 PM
Chupa Chupa is offline
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I think it's here to stay, but I'm waiting for it to crash so I can invest in it again XD.
 
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  #19  
Old 01-04-2018, 04:09 AM
Ben99 Ben99 is offline
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please tell me a trusted site for Bitcoin Earning
 
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  #20  
Old 01-04-2018, 06:50 AM
unihost unihost is offline
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Quote:
Originally Posted by Chupa View Post
I think it's here to stay, but I'm waiting for it to crash so I can invest in it again XD.
Are you ready to invest in it after a crash? Doesn't it mean that it is risky to buy it after all?
 
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