Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Reload this Page Money Bitcoin Take?
Register FAQDonate Members List Calendar

Reply
Page 117 of 261 « First 1767107113114115116 117 118119120121127167217 Last »
 
Thread Tools Display Modes
Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
Veteran
 
ChiefRocka's Avatar
 
Join Date: Feb 2012
Location: DE
Casino cash: $9755019
Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
Posts: 3,819
ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
     Reply With Quote
Old 06-04-2019, 09:56 AM   #1741
Bowser Bowser is offline
sorta mod-ish
 
Bowser's Avatar
 

Join Date: Jan 2004
Location: KC North
Casino cash: $1671616
^ That's why I haven't pulled the crypto trigger just yet, in a nutshell. My buddy is still urging me to get on the XRP train, though.
Posts: 103,920
Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.
     Reply With Quote
Old 06-04-2019, 11:38 AM   #1742
BWillie BWillie is offline
The End of All Your Dreams
 
BWillie's Avatar
 

Join Date: Apr 2006
Casino cash: $511241
Quote:
Originally Posted by Eleazar View Post
Bitcoin's Rally Masks Uncomfortable Fact: Almost Nobody Uses It

By Olga Kharif | Bloomberg
May 30, 2019, 7:00 PM CDT



Bitcoin has a lingering problem that few people are talking about amid the renewed exuberance of the recent price surge. Hardly anyone is using the world’s largest cryptocurrency for anything beyond speculation.

Data from New York-based blockchain researcher Chainalysis Inc. show that only 1.3% of economic transactions came from merchants in the first four months of 2019, little changed over the boom and bust cycles of the prior two years.

Even though marque companies such as AT&T Inc. now let customers pay with cryptocurrencies, the problem is that few speculators want to use the digital coins to pay for wireless services when the digital asset’s price might surge another 50% in a matter of weeks.

That’s become the main dilemma with the cryptocurrency: Bitcoin needs the hype to attract mass appeal to be considered a viable electronic alternative to money but it has developed a culture of “holders” who advocate accumulation rather than spending.

"Bitcoin economic activity continues to be dominated by exchange trading," Kim Grauer, senior economist at Chainalysis, said in an email.

...

https://www.bloomberg.com/news/artic...nobody-uses-it
Well yeah, Bitcoin is a store of value. And there is a great, great reason why people use it. That I'm not going to get into here, but I bet you can just figure it out on your own. People with money like decentralization and (pseudo) anonymity.
Posts: 49,158
BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.BWillie is obviously part of the inner Circle.
     Reply With Quote
Old 06-04-2019, 01:27 PM   #1743
Eleazar Eleazar is offline
Beyond the Rapids
 
Eleazar's Avatar
 

Join Date: May 2003
Location: Langley, VA
Casino cash: $-370000
Quote:
Originally Posted by BWillie View Post
Well yeah, Bitcoin is a store of value. And there is a great, great reason why people use it. That I'm not going to get into here, but I bet you can just figure it out on your own. People with money like decentralization and (pseudo) anonymity.
A store of value has to be able to hold value, or only fools will store value in it. That's the point of the article. It has no use other than speculation.
Posts: 80,659
Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.
     Reply With Quote
Old 06-04-2019, 01:35 PM   #1744
Fat Elvis Fat Elvis is offline
Sexiest Athlete
 
Fat Elvis's Avatar
 

Join Date: Apr 2001
Casino cash: $-388075
Quote:
Originally Posted by BWillie View Post
Well yeah, Bitcoin is a store of value. And there is a great, great reason why people use it. That I'm not going to get into here, but I bet you can just figure it out on your own. People with money like decentralization and (pseudo) anonymity.
If Paul Solotshi Calder Le Roux is the real Satoshi Nakamoto, it goes a long way in explaining the "great, great reason" why people "use it."
Posts: 12,685
Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.
     Reply With Quote
Old 06-04-2019, 05:44 PM   #1745
ChiefRocka ChiefRocka is offline
Veteran
 
ChiefRocka's Avatar
 

Join Date: Feb 2012
Location: DE
Casino cash: $9755019
Quote:
Originally Posted by Eleazar View Post
A store of value has to be able to hold value, or only fools will store value in it. That's the point of the article. It has no use other than speculation.




You're right, why would anyone want to store value in this asset
Posts: 3,819
ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
     Reply With Quote
Old 06-04-2019, 05:48 PM   #1746
-King- -King- is offline
▓▓▒▒▒▒▒▒▒▒▒▒▒▒▓▓
 
-King-'s Avatar
 

Join Date: Jan 2009
Casino cash: $555743
Quote:
Originally Posted by ChiefRocka View Post



You're right, why would anyone want to store value in this asset
But it's a currency first....
Posts: 64,489
-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.
     Reply With Quote
Old 06-04-2019, 05:54 PM   #1747
ChiefRocka ChiefRocka is offline
Veteran
 
ChiefRocka's Avatar
 

Join Date: Feb 2012
Location: DE
Casino cash: $9755019
Quote:
Originally Posted by -King- View Post
But it's a currency first....
Gold also
Last edited by ChiefRocka; 06-04-2019 at 06:00 PM..
Posts: 3,819
ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
     Reply With Quote
Old 06-04-2019, 05:59 PM   #1748
-King- -King- is offline
▓▓▒▒▒▒▒▒▒▒▒▒▒▒▓▓
 
-King-'s Avatar
 

Join Date: Jan 2009
Casino cash: $555743
Quote:
Originally Posted by ChiefRocka View Post
Nope
"Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries."


Coulda fooled me.
Posts: 64,489
-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.
     Reply With Quote
Old 06-04-2019, 07:43 PM   #1749
ChiefRocka ChiefRocka is offline
Veteran
 
ChiefRocka's Avatar
 

Join Date: Feb 2012
Location: DE
Casino cash: $9755019
Quote:
Originally Posted by -King- View Post
"Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries."


Coulda fooled me.
Looking like Bitcoin will prove to be a high value settlement network in its current implementation. Should consensus determine an increase in blocksize and some viable layer 2 solutions then sure, maybe someday it can serve as a daily currency but not today or the foreseeable future.
Posts: 3,819
ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
     Reply With Quote
Old 06-04-2019, 08:13 PM   #1750
Eleazar Eleazar is offline
Beyond the Rapids
 
Eleazar's Avatar
 

Join Date: May 2003
Location: Langley, VA
Casino cash: $-370000
Quote:
Originally Posted by ChiefRocka View Post



You're right, why would anyone want to store value in this asset
Got your savings or retirement funds stored in bitcoin?
Posts: 80,659
Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.
     Reply With Quote
Old 06-05-2019, 04:57 AM   #1751
ChiefRocka ChiefRocka is offline
Veteran
 
ChiefRocka's Avatar
 

Join Date: Feb 2012
Location: DE
Casino cash: $9755019
Quote:
Originally Posted by Eleazar View Post
Got your savings or retirement funds stored in bitcoin?
Mortgaged my house back in 2013
Posts: 3,819
ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
     Reply With Quote
Old 06-05-2019, 06:45 AM   #1752
Fat Elvis Fat Elvis is offline
Sexiest Athlete
 
Fat Elvis's Avatar
 

Join Date: Apr 2001
Casino cash: $-388075
Quote:
Originally Posted by ChiefRocka View Post
Mortgaged my house back in 2013
Nice call. You must have thousands of Bitcoin.
Posts: 12,685
Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.
     Reply With Quote
Old 06-05-2019, 06:49 AM   #1753
scho63 scho63 is offline
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
If you look at Bitcoin as an "asset" in today's market you are a fool.

If you look at it as a way to move money around the world anonymously, that's the real value today.

If it becomes so widely adapted as a "tanker" of stored value with LOW volatility, then it will be more widely looked at as an "asset".
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~


2018 2019 2020 20212022 2023 2024 Adopt a Chief - Clark Hunt and Brett Veach
"The men who drafted Patrick Mahomes"

Posts: 52,827
scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.
     Reply With Quote
Old 06-05-2019, 06:56 AM   #1754
loochy loochy is offline
Hey Loochy, I'm hooome!
 
loochy's Avatar
 

Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $210397
Quote:
Originally Posted by Fat Elvis View Post
You must have thousands of Bitcoin.
Maybe...and maybe not. Considering a single Bitcoin is worth about $7500 right now, it wouldn't take many to buy a house. Maybe he has a few Bitcoin.
Posts: 41,304
loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.
     Reply With Quote
Old 06-05-2019, 07:17 AM
ChiefRocka
This message has been deleted by ChiefRocka.
Old 06-05-2019, 07:18 AM   #1755
Eleazar Eleazar is offline
Beyond the Rapids
 
Eleazar's Avatar
 

Join Date: May 2003
Location: Langley, VA
Casino cash: $-370000
Quote:
Originally Posted by loochy View Post
Maybe...and maybe not. Considering a single Bitcoin is worth about $7500 right now, it wouldn't take many to buy a house. Maybe he has a few Bitcoin.
Probably a cool idea until you get to your closing or go to pay off your lender and find out BTC dropped 5% that morning and you need to cough up another $30,000
Posts: 80,659
Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.Eleazar is obviously part of the inner Circle.
     Reply With Quote
Reply
Page 117 of 261 « First 1767107113114115116 117 118119120121127167217 Last »

« Previous Thread | > Nzoner's Game Room < | Next Thread »

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump




All times are GMT -6. The time now is 03:49 PM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.