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06-05-2019, 07:22 AM | #1756 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9745019
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Bitcoin isn't even exciting, Eth is where its at these days:
https://www.coindesk.com/bloomberg-t...ebt-instrument https://finance.yahoo.com/news/andre...235037894.html https://cryptoslate.com/microsoft-ve...ation-ethereum Last edited by ChiefRocka; 06-06-2019 at 07:37 AM.. |
Posts: 3,825
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06-05-2019, 07:23 AM | #1757 |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $60397
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Yes, but it raises just as fast as it drops so that could work in your favor as well. It's probably better than spending large sums in Vegas But yeah, I would definitely NOT use it as a primary investment strategy like that. By BTC funds are fun money / used to buy things on the internet.
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Posts: 41,386
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06-05-2019, 07:43 AM | #1758 |
Sexiest Athlete
Join Date: Apr 2001
Casino cash: $-538075
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Posts: 12,685
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06-05-2019, 07:52 AM | #1759 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9745019
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Posts: 3,825
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06-05-2019, 07:55 AM | #1760 |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $60397
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Posts: 41,386
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06-05-2019, 07:56 AM | #1761 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9745019
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Posts: 3,825
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06-16-2019, 08:27 AM | #1762 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $1181004
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Hookers & blow for everyone! Around $9300 now.
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Posts: 13,831
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06-20-2019, 02:29 PM | #1763 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $1181004
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Bitcoin broke $9500 today. $10k and all the publicity that will come with it could be just around the corner. Now the 8th largest currency in the world, 9th if you count gold as currency.
Bigger Than Russia – Bitcoin Now 8th Largest World Currency Christina Comben | Jun 19, 2019 | 16:00 The Rundown Which Countries Have the Biggest Monetary Base in the World? Bitcoin Monetary System Now 8th Largest World Currency Still think Bitcoin is a passing fad? Here’s a news flash for you. At $8,940, it’s bigger than Russia’s monetary base. That makes Bitcoin the eighth largest currency in the world. And the price keeps on climbing… Which Countries Have the Biggest Monetary Base in the World? The answer might surprise you. Check out the chart below by Crypto Voices. You’ll see that gold is still by far the largest monetary system in the world at almost $8 trillion. However, Bitcoin is hot on its heels. When it comes to a country’s monetary base, however, that is measured in terms of the total amount of currency in circulation or held in commercial deposits in the central bank, not in its gold reserves. With its $25 trillion dollar debt, it’s no surprise that despite being the world’s largest economy, the U.S. lags in fourth place behind Japan, China, and the Euro Zone when it comes to base money. You might wonder why oil-rich countries like Saudi Arabia and the United Arab Emirates don’t appear on this report. Is it because most of their wealth is held in oil and not in fiat? Crypto Voices says: "Don’t know their methodologies, but Saudi Arabia and Denmark, for example, are pegged currencies, so their base money is the USD and EUR, respectively, and shouldn’t be counted. The correct economic comparison is the monetary base value of each currency’s central bank." Bitcoin Monetary System Now 8th Largest World Currency If you don’t count gold and silver, Bitcoin is now the eight largest currency in the world. It comes in at 9th place after the two precious metals. How significant is this? Well, with a market cap currently at $162 billion and with some analysts predicting a BTC value of over $40k by the end of 2019, after just 10 years of being created, it’s a pretty big deal indeed. Bitcoin is already bigger than the base money of Russia, South Korea, Brazil, Canada, and Norway. With cryptocurrency adoption on the rise around the world, it won’t be long before it catches up with–and overtakes–the monetary base of India, Switzerland, the UK, and, yes, the United States as well. https://bitcoinist.com/bitcoin-russia-monetary-base/ |
Posts: 13,831
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06-21-2019, 11:41 AM | #1764 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Going to exceed $10k today. Definately will over the weekend. Weekends tend to see good gains.
Last edited by eDave; 06-21-2019 at 11:55 AM.. |
Posts: 53,803
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06-21-2019, 11:47 AM | #1765 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-229523
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9901 now
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Posts: 40,657
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06-21-2019, 12:44 PM | #1766 |
Buddy Christ is a Chiefs fan
Join Date: Nov 2008
Casino cash: $-110454
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__________________
"You know, they lay down with their ugly wives in front of their ugly children and just look at their loser lives and then they look at me and say, "I CAN'T PROCESS IT!" Well, no, and you never will. Stop trying. Just sit back and enjoy the show .... You know?" Carlos Irwin Estevez |
Posts: 10,962
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06-21-2019, 01:15 PM | #1767 |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $60397
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Posts: 41,386
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06-21-2019, 05:47 PM | #1768 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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$10,153
Edit: $10,225 Last edited by eDave; 06-21-2019 at 06:00 PM.. |
Posts: 53,803
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06-21-2019, 06:01 PM | #1769 |
The End of All Your Dreams
Join Date: Apr 2006
Casino cash: $361241
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We're rich again bros
Too the moon Haters gonna hate Only thing we have to fade is quantum computing. |
Posts: 49,348
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06-21-2019, 06:04 PM | #1770 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Facebook entered the game.
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Posts: 53,803
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