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Dec 28 2018 02:42pm
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Dec 28 2018 02:43pm
bitcoin at 3800 xd
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Dec 28 2018 02:46pm
Bitcoin still can't provide value over conventional currency.

Bitcoin and all cryptos are only valuable in illegal transactions. for all other purposes they're less valuable than money, intrinsically.

20k btc is honestly so fucking funny to think about at current prices.
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Dec 28 2018 03:57pm
Quote (thesnipa @ Dec 28 2018 01:46pm)
Bitcoin still can't provide value over conventional currency.

Bitcoin and all cryptos are only valuable in illegal transactions. for all other purposes they're less valuable than money, intrinsically.

20k btc is honestly so fucking funny to think about at current prices.


I feel like the United States Dollar / British Pound and physical assets like gold and silver are very strong vs bitcoin right now, that may change at some point (or another cryptocurrency may be as important as USD or £ Sterling at some point).
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Dec 28 2018 05:37pm
Quote (thesnipa @ Dec 28 2018 12:46pm)
Bitcoin still can't provide value over conventional currency.

Bitcoin and all cryptos are only valuable in illegal transactions. for all other purposes they're less valuable than money, intrinsically.

20k btc is honestly so fucking funny to think about at current prices.


Quote (M240B @ Dec 28 2018 01:57pm)
I feel like the United States Dollar / British Pound and physical assets like gold and silver are very strong vs bitcoin right now, that may change at some point (or another cryptocurrency may be as important as USD or £ Sterling at some point).



The US dollar is worthless
It isn’t backed by an actual anything
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Dec 28 2018 05:41pm
Quote (hunter_1 @ Dec 28 2018 04:37pm)
The US dollar is worthless
It isn’t backed by an actual anything


It still takes up a lot of the monetary system worldwide currently.
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Dec 28 2018 05:43pm
Quote (M240B @ Dec 28 2018 03:41pm)
It still takes up a lot of the monetary system worldwide currently.



What does this mean?
To take up a lot of monetary
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Dec 28 2018 05:45pm
I'd buy stocks before coins. Stock market is down right now by the way
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Dec 28 2018 05:48pm
Quote (hunter_1 @ Dec 28 2018 04:43pm)
What does this mean?
To take up a lot of monetary


mon·e·tar·y

/ˈmänəˌterē/

adjective

relating to money or currency.
"documents with little or no monetary value"
synonyms: financial, fiscal, pecuniary, money, cash, economic, budgetary
"her sharp monetary instincts got us through the recession in very good shape"

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Dec 28 2018 05:51pm
Quote (M240B @ Dec 28 2018 03:48pm)
mon·e·tar·y

/ˈmänəˌterē/

adjective

relating to money or currency.
"documents with little or no monetary value"
synonyms: financial, fiscal, pecuniary, money, cash, economic, budgetary
"her sharp monetary instincts got us through the recession in very good shape"



What is the usd backed by?
Any particular mineral or good?

And also
The definition is great :rofl: what a joke

This post was edited by hunter_1 on Dec 28 2018 05:52pm
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