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12-17-2020, 12:36 AM | #2041 |
SuperBowl or bust
Join Date: Dec 2008
Location: BF Iowa
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22,400
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12-17-2020, 12:48 AM | #2042 |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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It is crazy that people will use $22,400 of Real money to buy a Virtual Coin that only exists on the internet.
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12-17-2020, 01:18 AM | #2043 |
Veteran
Join Date: Apr 2007
Location: JoCo
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I don’t personally dabble in crypto, but I’m not really sure why it’s crazy. It’s ultimately no different than most financial derivatives trading. The underlying asset isn’t what’s important, it’s the change in price.
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12-17-2020, 01:41 AM | #2044 |
MVP
Join Date: Sep 2019
Casino cash: $3770400
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People still think like this? .
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"although there is evidence of potential violations regarding the handling of classified information, no reasonable prosecutor would bring such a case" - James Comey |
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12-17-2020, 08:37 AM | #2045 |
What's up braj?
Join Date: Jun 2008
Location: Placencia, Belize
Casino cash: $33250
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Posts: 16,380
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12-17-2020, 08:38 AM | #2046 | |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $60397
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Quote:
real money? How is it real? Dollar is a fiat currency and has no actual value. Your precious dollar is quite "virtual" as well.
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Hey Loochy, I'm hoooome! |
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12-17-2020, 09:21 AM | #2047 |
Rookie
Join Date: Dec 2020
Casino cash: $10000400
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I'm really questioning the level of commitment of CP regarding this thread
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12-17-2020, 09:27 AM | #2048 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9745019
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I think a good analogy would be to think of an excel spreadsheet in the sky to which accounts are simply cells in that spreadsheet and banks control access to those cells as well as the overall supply of cash in that spreadsheet (printing more at will as they choose).
A blockchain backed crypto currency would be that same spreadsheet in the sky where any user has access to cells in that spreadsheet by creating a "wallet" and controlling the spending of cash from those cells by using a private key to unlock that cell. The supply of cash is predetermined based on consensus protocol backing that spreadsheet and is agreed upon by its users. They partake and secure the spreadsheet because of the rules or "formulas" controlling it. i.e We trust banks with our money. Blockchain is trustless in its native design. |
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12-17-2020, 09:54 AM | #2049 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-229523
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Quote:
Gee , I wish I'd bought 100 coins at $4. Story of everyones life. |
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12-17-2020, 10:06 AM | #2050 | |
Veteran
Join Date: Feb 2012
Location: DE
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Quote:
$100/hr crypto consult for anyone interested |
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12-17-2020, 10:14 AM | #2051 |
Woman should only make babies
Join Date: Nov 2003
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Casino cash: $1266136
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My gut says ltc gets to 160 in 4 months and xrp to .80 that is just my feeling
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12-17-2020, 10:16 AM | #2052 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $1266136
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Smart
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12-17-2020, 10:17 AM | #2053 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9745019
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12-17-2020, 08:25 PM | #2054 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $1266136
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I am willing to gamble.
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12-21-2020, 06:36 PM | #2055 |
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Join Date: Jan 2009
Casino cash: $405743
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Yeah ..... This was stupid as hell.
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