I don't follow that logic. Isn't each crypto currency completely independent? That's like saying if another country was created and issued their own currency, the currencies of all other countries would fall. #bitcoin$bitcomp
Usually what happens with currencies with market caps this high and coin-to-dollar conversions this unpredictable are "corrections." When Icarus flew too close to the sun he burned himself, when bitcoin hit a price its own users felt was too high, the value crashed. It's common for things like this to happen, but on the other hand look at the unbelievable upside #bitcoin, #litecoin, and other such currencies have had. If people play a risky game like this there are going to be huge returns, but don't forget about the large downsides as well. $BITCOMP
I don't like that legitimate businesses are getting in on the #bitcoin bandwagon. The entire concept was built to enable criminals to evade arrest and conviction. It enables drug dealers, arms dealers, sex traffickers and child pornographers to operate freely.
Isn't #Gold always a sure thing? I mean the price may fluctuate up and down but I'd say nothing is more secure than gold. Much more so than paper #currency or #Digital Currency like #bitcoin.
My concern with #DigitalCurrency is that anything is hackable. And when there is no paper trail, you are simply out of luck. That's why I'll never invest in #bitcoin. Look at all those people who lost their #bitcoins when Mt. Gox went under. #Gold and liquid #cash are always a safer investment.
Fascinating ideas here. But wouldn't criminals prefer more convenient, untraceable forms of currency over #cash or #gold? For example #bitcoin or other digital currency?
I'm not familiar with Ethereum. I just think the future of digital currency lies with things like #ApplePay. I don't trust #bitcoin ever since Mont Gox went bankrupt and so many people lost their bitcoins. And bitcoins are too easily used by criminals/terrorists and I don't support that. There should be a paper trail that authorities can track (with a warrant) if needed.
Is Bitcoin Under-Owned?
I don't follow that logic. Isn't each crypto currency completely independent? That's like saying if another country was created and issued their own currency, the currencies of all other countries would fall. #bitcoin $bitcomp
Cryptocurrency: Sharp Rebounds Continue But Risks Remain
Usually what happens with currencies with market caps this high and coin-to-dollar conversions this unpredictable are "corrections." When Icarus flew too close to the sun he burned himself, when bitcoin hit a price its own users felt was too high, the value crashed. It's common for things like this to happen, but on the other hand look at the unbelievable upside #bitcoin, #litecoin, and other such currencies have had. If people play a risky game like this there are going to be huge returns, but don't forget about the large downsides as well. $BITCOMP
Behold, The Bitcoin Rush Is Here
I don't like that legitimate businesses are getting in on the #bitcoin bandwagon. The entire concept was built to enable criminals to evade arrest and conviction. It enables drug dealers, arms dealers, sex traffickers and child pornographers to operate freely.
Projecting The Price Of Bitcoin
What makes one #CrypoCurrency better than another? I'm familiar with #bitcoin, but not the others. $BCOMP $BCOIN
Huge ETH Rally, Quick Rebalancing
Hi Ari
My main concern about #bitcoin is the fork that is brewing, how do you see it ending, could be a big obstacle for the future of bitcoin? $BITCOMP
Thanks
Why Gold Is A Sure Thing In 2017 (SPONSORED POST)
Isn't #Gold always a sure thing? I mean the price may fluctuate up and down but I'd say nothing is more secure than gold. Much more so than paper #currency or #Digital Currency like #bitcoin.
Will Japan's Declaration Of Bitcoin As Legal Tender Accelerate Cryptocurrency Mainstream Adoption?
Has this been confirmed about #bitcoin yet? $BCOIN $BITCOMP
How High Can The Price Of Bitcoin Rise?
I lost faith in #bitcoin after Mt Gox went bankrupt. I don't see any FDIC insurance coming any time soon.
The Needed Acception Of Cryptocurrency Today
My concern with #DigitalCurrency is that anything is hackable. And when there is no paper trail, you are simply out of luck. That's why I'll never invest in #bitcoin. Look at all those people who lost their #bitcoins when Mt. Gox went under. #Gold and liquid #cash are always a safer investment.
Is Bitcoin’s ETF GBTC A Buy Opportunity At This Point?
A #BitcoinEtf is for people who want to buy and hold #bitcoins like a stock. You can learn more here:
www.investopedia.com/.../...s-how-do-they-work.asp
#bitcoin $BITCOMP
War On Cash Turns To $20, $50, And $100 Bills
Fascinating ideas here. But wouldn't criminals prefer more convenient, untraceable forms of currency over #cash or #gold? For example #bitcoin or other digital currency?
The Second Big Test For Bitcoin
I'm not familiar with Ethereum. I just think the future of digital currency lies with things like #ApplePay. I don't trust #bitcoin ever since Mont Gox went bankrupt and so many people lost their bitcoins. And bitcoins are too easily used by criminals/terrorists and I don't support that. There should be a paper trail that authorities can track (with a warrant) if needed.
The Second Big Test For Bitcoin
While I think there is a future for digital currencies, I'm still convinced #bitcoin is a fad. $BCOIN $BCOMP
Keep An Eye On ‘Bitcoin’ As The Next ‘Financial Crisis’ Starts
1st add in China as well and this graphic looks stunning.
2nd #bitcoin will soon have a gamete of digital currencies adding to its own sort of dilution.
If it can be man made without a hard asset then it can be manipulated, gamed, and diluted. $bcomp.
Keep Gold Bug Dogma on a Leash
It's the same when you try to disagree with Apple Fan Boys, or #Bitcoin fanatics. Some people just can't have a level headed discussion.