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d2jsp Forums > Off-Topic > General Chat > Political & Religious Debate > Bitcoin Reaches Another All Time High > Is It Too Late? No It's Never Too Late.
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Member
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Nov 19 2017 03:55am
I prefer tangible goods
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Nov 19 2017 06:39am
Fuck Bitcoin.

Illegal discussion as well, reported
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Nov 19 2017 06:57am
Bitcoin is being pumped and will shortly be dropped
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Nov 19 2017 07:14am
Quote (datajunky @ Nov 19 2017 02:59am)
How, and by whom, and for what purpose?



Governments in desperate attempt to survive will not only regulate bitcoin but completely destroy it. Power does not yield
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Nov 19 2017 07:36am
No way. The absurd amount of debt in the economy will actualize as scarcity. Not everyone can cash in their claims to wealth at the same time. It just doesn't exist. And maybe unprecedented scenario such as this demands people invest in a digital asset, but I see no reason to put your money into an intangible speculative asset. I would rather have physical assets if I were looking to minimize my exposure to the dollar.

And there is nothing stopping you from making another 'digital currency', or even a thousand of them. Do you trust that bitcoin is always going to be the preferred asset?
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Nov 19 2017 09:28am
that will be taxed, and fraud will lead you to jail ^_^
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Nov 19 2017 11:07am
Quote (tric-isHUGE @ Nov 19 2017 07:36am)
No way. The absurd amount of debt in the economy will actualize as scarcity. Not everyone can cash in their claims to wealth at the same time. It just doesn't exist. And maybe unprecedented scenario such as this demands people invest in a digital asset, but I see no reason to put your money into an intangible speculative asset. I would rather have physical assets if I were looking to minimize my exposure to the dollar.

And there is nothing stopping you from making another 'digital currency', or even a thousand of them. Do you trust that bitcoin is always going to be the preferred asset?


I believe the rise of bitcoin is in a large part because of the rise in shitcoins. Most of the shitcoins are purchased with BTC, so a demand is being created. I don't believe BTC will remain the preferred coin, and governments will step in before it gets too large. It could very well burst before it gets there though.

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Nov 19 2017 11:18am
Nope, no bitcoin.
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Nov 19 2017 11:30am
I wish I had even gotten just a couple bitcoins back when they were virtually worthless. Like wasn't there that story about how someone paid 10,000 bitcoins to just have 2 pizzas delivered way back when?
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Nov 19 2017 03:17pm
Quote (Handcuffs @ Nov 19 2017 12:30pm)
I wish I had even gotten just a couple bitcoins back when they were virtually worthless. Like wasn't there that story about how someone paid 10,000 bitcoins to just have 2 pizzas delivered way back when?



That guy
:cry:
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