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Have Any Freepers Had Experience With BitCoin/CryptoCurrency?
12-13-2017 | Eagles Field

Posted on 12/13/2017 3:02:29 PM PST by Eagles Field

2018, I'm goin'in !


TOPICS: Business/Economy; Chit/Chat; Education; Miscellaneous
KEYWORDS: bitcoin; btc; cryptocurrency; economy; money
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To: Eagles Field

Buy high, sell low.


21 posted on 12/13/2017 3:20:07 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: x1stcav

Exactly the point.If Bitcoin is a valid currency, less than 1% of the population understands it, much less having the capacity to use it for commerce. Very few people understand how it it valued, stored or even used. Try reading the Wikipedia entry on Bitcoin and see if you really then understand it. Have to agree with Jamie Dimond. Keep away from it at this time.


22 posted on 12/13/2017 3:20:32 PM PST by allendale (.)
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To: MountainWalker

Good Grief. I was told the same while on vaca at OBX.

This is like a craps game and your the newbie hearing “20 on the ho” and dice flying.


23 posted on 12/13/2017 3:21:07 PM PST by eyedigress ((Old storm chaser from the west))
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To: x1stcav
Somebody explaining it to me said a bit coin is made of two specks of pixie dust and the wings of a butterfly. That made as much sense as anyone did who was trying to be serious.

Bitcoin is a way to hide transactions from governments and to set up a barter system with an agreed-upon marker. I figure if powerful people who manipulate everything are using it for their purposes, it won't disappear....until the gov wants its cut.

24 posted on 12/13/2017 3:21:09 PM PST by grania (Deplorable and Proud of It!)
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To: Eagles Field

I melted mine down.


25 posted on 12/13/2017 3:23:04 PM PST by Rio (Proud resident of the State of Jefferson)
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To: eyedigress
“20 on the ho”?

LMAO.

26 posted on 12/13/2017 3:24:59 PM PST by TADSLOS (Reset Underway!)
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To: Eagles Field
My accountant Fonzie is going to sell me a few.

I think it's pronounced "Fonzie." Maybe it's "Ponzi." Not sure.


27 posted on 12/13/2017 3:29:34 PM PST by Larry Lucido (Take Covfefe Ree Zig!)
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To: Eagles Field

Tulip mania!

I hear mortgage backed securities are making a comeback as well!


28 posted on 12/13/2017 3:31:06 PM PST by FreedomPoster (Islam delenda est)
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To: Eagles Field
gonna mortgage yer house?
29 posted on 12/13/2017 3:31:09 PM PST by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: Eagles Field

Rule # 1 of the Market

If they’re talking about it, you’re too late...


30 posted on 12/13/2017 3:31:16 PM PST by Paisan
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To: Eagles Field
Hacking robbing bitcoin 'wallets' is the in thing these days ... become a hacker today and get the bitcoins on the cheap, before the rush ...
31 posted on 12/13/2017 3:31:23 PM PST by PIF (They came for me and mine ... now it is your turn ...)
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To: EQAndyBuzz

“Funny, my MBA son called me today about opening up an account for him. He likes the company Ripple XRP and thinks they will be the next Bitcoin.”

My son-in-law is in the banking business. He and my daughter are managing my cryptocurrency portfolio because I have no idea what all this is about. I gave them money in October and it has more than doubled. This is what I own. I always say...you win some and you lose some. Always take a chance.

BlockV (VEE)
[link to blockv.io (secure)]

Ripple (XRP)
[link to ripple.com (secure)]
[link to en.wikipedia.org (secure)]

Ethereum (ETH)
[link to www.ethereum.org (secure)]

Cobinhood (COB)
[link to twitter.com (secure)]

Litecoin (LTC)
[link to litecoin.org (secure)]

Stellar Lumens (XLM)
[link to www.stellar.org (secure)]


32 posted on 12/13/2017 3:31:44 PM PST by toldyou (Even if the voices aren't real, they have some pretty good ideas.)
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To: Eagles Field

It was invented to allow drug dealers to hide their money from the IRS.


33 posted on 12/13/2017 3:31:52 PM PST by kaehurowing
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To: allendale
Diamond and other bankers have FOMO (fear of missing out) for every financial transaction. BC can be exchanged peer to peer without a central bank facilitating the transaction. This means the banks cannot charge for the transaction.

Diamond missed out bc he did not understand technology. I bet his bank is on hyper ledger working group now.

34 posted on 12/13/2017 3:32:56 PM PST by HonkyTonkMan
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To: Eagles Field

Read the finance board on 4chan for a while and you might change your mind.


35 posted on 12/13/2017 3:33:10 PM PST by calljack (Sometimes your worst nightmare is just a start.)
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To: Eagles Field

I’m a very conservative investor, so I’m looking at Confederate dollars as an alternative to Bitcoin.


36 posted on 12/13/2017 3:33:19 PM PST by Arm_Bears (Rope. Tree. Politician/Journalist. Some assembly required.)
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To: Eagles Field

I think you should wait until it goes a little higher, then bet the farm!


37 posted on 12/13/2017 3:33:29 PM PST by slouper (LWRC SPR 5.5 6)
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To: Eagles Field

Now is not the time, but if/when you do, keep your own wallet, don’t put it in Coinbase or anything similar.

The whole point of Bitcoin is to protect yourself from the predations of governments and banks.


38 posted on 12/13/2017 3:33:59 PM PST by E. Pluribus Unum (<img src="http://i.imgur.com/WukZwJP.gif" width=800>)
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To: kaehurowing

:It was invented to allow drug dealers to hide their money from the IRS.”

You must know NOTHING about it.


39 posted on 12/13/2017 3:34:08 PM PST by toldyou (Even if the voices aren't real, they have some pretty good ideas.)
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To: Aria

“In 2014 I had 40 bitcoins. Most stupidly I sold them.”

If you got real money for them, consider yourself fortunate. Lots of people are going to be swindled bigtime.


40 posted on 12/13/2017 3:35:19 PM PST by LouieFisk
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