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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
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Old 01-05-2021, 12:29 PM   #2116
eDave eDave is offline
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  • JPMorgan said bitcoin could rally as high as $146,000 in the long term as it competes with gold as an “alternative” currency.
  • Bitcoin’s volatility would need to drop substantially before it can match gold in terms of market value, the bank’s strategists said in a note Monday.
  • JPMorgan CEO Jamie Dimon once called bitcoin a “fraud” and said he is more interested in blockchain technology than crypto.
https://www.cnbc.com/2021/01/05/jpmo...with-gold.html
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Old 01-05-2021, 02:13 PM   #2117
BWillie BWillie is offline
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Originally Posted by eDave View Post
  • JPMorgan said bitcoin could rally as high as $146,000 in the long term as it competes with gold as an “alternative” currency.
  • Bitcoin’s volatility would need to drop substantially before it can match gold in terms of market value, the bank’s strategists said in a note Monday.
  • JPMorgan CEO Jamie Dimon once called bitcoin a “fraud” and said he is more interested in blockchain technology than crypto.
https://www.cnbc.com/2021/01/05/jpmo...with-gold.html

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Old 01-05-2021, 02:20 PM   #2118
MahiMike MahiMike is offline
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Originally Posted by BWillie View Post
Worst decision I ever made was NOT putting everything I own in BTC when it was $600.

2nd worst decision I ever made was not selling one of my properties and putting it all on bitcoin when it dropped to 3.3k once I actually had knowledge about crypto.

Fomo
I think we all can say this now. I told my wife when I 1st got in at $2500 that I wanted to buy $50K worth. Instead I spread it out among other stuff...

oh well. At least I'm in the game.
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Old 01-05-2021, 02:39 PM   #2119
MIAdragon MIAdragon is offline
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I think we all can say this now. I told my wife when I 1st got in at $2500 that I wanted to buy $50K worth. Instead I spread it out among other stuff...

oh well. At least I'm in the game.
I’ve got you in the “I’m an idiot” contest. One of my biz partners asked if we could shift something in the 50k range when BC was in the 6-700 range. I told him “I’d rather wipe my ass and flush that money”. He enjoys sending random figures on where that’d be from time to time.
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Old 01-05-2021, 03:15 PM   #2120
TinyEvel TinyEvel is offline
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Meh. In 1997 I spent $4500 on Evel Knievel collectibles.

If I had spent that on Amazon stock instead (and held it) it would be worth something like 4 million today.
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Old 01-05-2021, 03:28 PM   #2121
Ninerfan11 Ninerfan11 is offline
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Originally Posted by ChiefRocka View Post
Big news folks

Today the OCC published Interpretive Letter 1174, which explains banks may use new technologies, including independent node verification networks (INVNs) and stablecoins, to perform bank-permissible functions, such as payment activities. Said simply, a bank may use stablecoins (cryptocurrencies designed to minimize the price volatility) to facilitate payment transactions for customers.

In doing so, a bank may issue stablecoins, exchange stablecoins for fiat currency, as well as validate, store, and record payments transactions by serving as a node on a blockchain (INVN).
How is that good for crypto? Wouldn't that be a direct competitor?
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Old 01-05-2021, 11:18 PM   #2122
BossChief BossChief is offline
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Old 01-05-2021, 11:51 PM   #2123
Ninerfan11 Ninerfan11 is offline
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You hear that fellas? That's Technocratic Marxism coming down the pike fast. Buy bitcoin, buy guns, and buy gold (or just more bitcoin).

This pump we got tonight was courtesy of the American political clownshow, good luck all.
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Old 01-06-2021, 12:04 AM   #2124
teedubya teedubya is offline
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BTC is about to pass Alibaba on the market cap charts... all of crypto is about to pass $1T.

I'm glad I got in way back in the day. It's one time when being anti-government paid off big time.
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Old 01-06-2021, 03:18 AM   #2125
BWillie BWillie is offline
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ATH's on the daily for BTC
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Old 01-06-2021, 03:29 AM   #2126
Ninerfan11 Ninerfan11 is offline
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ETH gonna pump next methinks. So close to ATH
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Old 01-06-2021, 06:18 AM
Stanley Nickels
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Old 01-06-2021, 07:12 AM   #2127
crispystl crispystl is offline
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ETH gonna pump next methinks. So close to ATH

I’ve been waiting like a snake in the grass for months for ETH to pump.


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Old 01-06-2021, 06:05 PM   #2128
Ninerfan11 Ninerfan11 is offline
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37K, guard your wealth, guard your guns.
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Old 01-06-2021, 06:50 PM   #2129
bdj23 bdj23 is offline
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Should I hop on the ethereum train?
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Old 01-06-2021, 06:54 PM   #2130
diqlix diqlix is offline
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Bitcoin is going to crash soon, isn’t it?
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