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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?

The natural evolution of money is Bitcoin

https://twitter.com/thebtctherapist/...035052024?s=46

Last edited by ChiefRocka; 11-13-2024 at 06:11 AM..
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Old 12-29-2017, 10:40 PM   #1081
Fat Elvis Fat Elvis is offline
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FWIW, the Ripple CEO is a Topeka native.....
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Old 12-29-2017, 10:41 PM   #1082
Jewish Rabbi Jewish Rabbi is offline
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Originally Posted by Taco John View Post
Bitcoin will always be around as a hobby horse for people, but it's a sinking ship because they have a fixed supply that will encourage bouts of inflation and subsequent deflation, and the high fees will eventually be the straw that broke the camels back. When you have to pay $40 bucks just to get $200 in bitcoins, you learn real quick, "**** bitcoin."

Ethereum, Cardano... and a privacy coin of some type. Maybe Verge. Something with a ton of supply. These will eventually be more popular than bitcoin, IMO.
Bitcoin does have a scaling issue, but with the lightning network coming (soon?) the transfer fees will work themselves out.

Part of the problem with transfer fees right now are all the spam transactions from Bitcoin haters to try to drive down the price.
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Old 12-29-2017, 11:07 PM   #1083
TigeRRUppeRRcut TigeRRUppeRRcut is offline
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Kidnapped Crypto Exchange Executive Reportedly Paid $1 Million Ransom in Bitcoin

https://gizmodo.com/kidnapped-crypto...d-1-1821658250

Hide yo kids, hike yo bitcoins cause they kidnapping everybody out there
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Old 12-29-2017, 11:30 PM   #1084
Taco John Taco John is offline
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Quote:
Originally Posted by Jewish Rabbi View Post
Bitcoin does have a scaling issue, but with the lightning network coming (soon?) the transfer fees will work themselves out.

Part of the problem with transfer fees right now are all the spam transactions from Bitcoin haters to try to drive down the price.
I heard that the first lightning network transaction happened tonight. That's very interesting.

Don't take me wrong. I don't think Bitcoin will ever go away. I just think it will be a savings account coin, and not a "buy and spend" coin.
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Old 12-29-2017, 11:47 PM   #1085
Taco John Taco John is offline
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Ripple has legs, but it's not a "get rich quick" coin. It's a "invest for steady long term returns coin." Right now it's flirting with a $100B market cap (which is remarkable because it was at $43b just 3 days ago). But even if it got to a trillion dollar market cap, you're only looking at a $50.00 Ripple. To get to a $2500 price on XRP, it would need to have a ridiculous $100 trillion market cap. Not going to happen.

XRP is designed to be a liquidity coin that can be shuttled around by banks at fast speeds and super low fees. Bitcoin and XRP can co-exist. They'll just be used for different purposes (along with a tapestry of other coins that will all serve a purpose - there will not be "one coin to rule them all.")
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Old 12-30-2017, 12:08 AM   #1086
BossChief BossChief is offline
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Where’s the best place to buy ripple?
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Old 12-30-2017, 12:11 AM   #1087
Ecto-I Ecto-I is offline
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Quote:
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Where’s the best place to buy ripple?
I bought via Bitstamp. Tried to open a Kraken account but it turned out being such a headache.
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Old 12-30-2017, 01:21 AM   #1088
Taco John Taco John is offline
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Quote:
Originally Posted by BossChief View Post
Where’s the best place to buy ripple?
Bithumb and Binance are the two platforms with the most Ripple action. I have never used Bithumb, but I love Binance. It's great.
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Old 12-30-2017, 11:11 AM   #1089
Sofa King Sofa King is offline
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Is it worth buying ripple at the current prices?
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Old 12-30-2017, 11:26 AM   #1090
Jethopper Jethopper is offline
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next fib level past 11500 is 9850 usd. A very good buy point for BTC.
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Old 12-30-2017, 11:33 AM   #1091
RunKC RunKC is offline
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Quote:
Originally Posted by BossChief View Post
Where’s the best place to buy ripple?
I bought BTC on coinbase, then transferred it with no fees to binance using GDAX and bought XRP
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Old 12-30-2017, 03:28 PM   #1092
BWillie BWillie is offline
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Originally Posted by Taco John View Post
Bithumb and Binance are the two platforms with the most Ripple action. I have never used Bithumb, but I love Binance. It's great.
I don't use binance, don't know about it except it's a 6 month old exchange. Hard for me to trust some of these exchanges. What info is there to show they are trustworthy?
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Old 01-02-2018, 04:02 PM   #1093
RunKC RunKC is offline
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What do you guys think of Syscoin?

One of the coins with the smallest max supply. Think I should get in at .80? Surely the low max supply will help take off like all the others right?
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Old 01-02-2018, 04:10 PM   #1094
Jewish Rabbi Jewish Rabbi is offline
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What do you guys think of Syscoin?

One of the coins with the smallest max supply. Think I should get in at .80? Surely the low max supply will help take off like all the others right?
I know nothing about it. What does it do? What value does it provide? How is it different from every other coin?

If you are simply buying because it has a low max supply, you are feeding into the speculative bubble. A lot of alts are going to get hurt badly at some point here.
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Old 01-03-2018, 09:16 AM   #1095
RunKC RunKC is offline
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XRP is 2.62 and rising!
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