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Any Bitcoin nerds???

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kingsskier
Posts: 6212 - Karma: 2,101
Big changes coming up for Bitcoin in the near future.
Anyone have any speculation on the segwit attempt and if BIP148 will take hold? Will there be a chain split if it fails? What do you think will happen to the value of Bitcoin? Will it effect Litecoin or Ethereum if it takes or fails?
When UASF took hold for Litecoin, it jumped up quite a bit. But that was a less common cryptocurrency and had a low value.
I currently own ~2 bitcoin and ~10 Ether.
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Jul 12 2017 8:22AM
6 0
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milk_man
Posts: 5214 - Karma: 6,494
Dustin.I don't care if you are reading books about finance right now, I'm talking about your attitude and simply made a point that caution and humility will serve you well in the future. I didn't mention market caps, current prices, or magical internet money. If you're in college right now, you've invested in one of the best bull markets in history. Entertain the idea that your perspective is narrow.


You said you can see that I'm not much of an investor because I called out someone's lack of knowledge on cryptocurrencies. I never said that cryptos are forever and perfect, I never even made a claim about them. I can talk all day about their faults. Literally the only point I was making is that that one dude obviously hasn't studied it. lol
Jan 30 2018 4:39PM
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mtbakerpow
Posts: 1105 - Karma: 927
BBC news just now posting this.hmmm


Jan 30 2018 5:02PM
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DirtYStylE
Posts: 3635 - Karma: 8,774
Dustin.I don't care if you are reading books about finance right now, I'm talking about your attitude and simply made a point that caution and humility will serve you well in the future. I didn't mention market caps, current prices, or magical internet money. If you're in college right now, you've invested in one of the best bull markets in history. Entertain the idea that your perspective is narrow.


mmmm personal attacks


In other news, Robinhood is now hosting Bitcoin and Ethereum investing. More currencies to follow... Did I mention that Robinhood has zero transaction fees?a
Jan 31 2018 11:47AM
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Dustin.
Posts: 13839 - Karma: 7,704
DirtYStylEmmmm personal attacks


In other news, Robinhood is now hosting Bitcoin and Ethereum investing. More currencies to follow... Did I mention that Robinhood has zero transaction fees?a


I don't see any personal attacks, didn't write any. It's ridiculous that simply mentioning the idea of vulnerability in this sector is met with hostility.
Jan 31 2018 6:55PM
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milk_man
Posts: 5214 - Karma: 6,494
mtbakerpowBBC news just now posting this.hmmm




https://www.facebook.com/zuck/posts/10104380170714571

Probably because Zuck is gonna start a collab with a cryptocurrency ;) Nah just kidding, it could be possible though. He's definitely looking into it though, and he probably understands it more than a lot of people already. But the fact that he's looking into "how best to use them in our services" is pretty exciting
Jan 31 2018 11:03PM
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skierman
Posts: 8064 - Karma: 4,799
HAHAHAHA! ITS STILL FALLING LIKE A TURD! GIMME ALL YOUR MONEY YOU STUPID CHILDREN!!!
Feb 2 2018 10:37AM
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milk_man
Posts: 5214 - Karma: 6,494
Even with the death of crypto, I'm still up ~4.3%
Feb 5 2018 11:36AM
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TRVP_ANGEL
Posts: 12420 - Karma: 114,469
hello? kingskiier? you gud bro? 1-800-273-TALK if you feel the need to talk to someone
Feb 5 2018 11:43AM
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Iliveinutah
Posts: 1250 - Karma: 5,147
TRVP_ANGELhello? kingskiier? you gud bro? 1-800-273-TALK if you feel the need to talk to someone


came here to say the same thing...
but foreal I'm in it too. this sucks. WE MUST WEATHER THE STORM.
Feb 5 2018 1:28PM
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SuckMySkis
Posts: 202 - Karma: 734
Bitcoin rn is going down... im yelling timbeeer
Feb 5 2018 2:06PM
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.MASSHOLE.
Posts: 7408 - Karma: 11,040
Irrational market is irrational.

I'm shocked I tell you.
Feb 5 2018 2:49PM
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Dustin.
Posts: 13839 - Karma: 7,704
milk_manEven with the death of crypto, I'm still up ~4.3%


That is well below average unfortunately. You didn't sell when it skyrocketed?
Feb 5 2018 5:58PM
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Dustin.
Posts: 13839 - Karma: 7,704
TRVP_ANGELhello? kingskiier? you gud bro? 1-800-273-TALK if you feel the need to talk to someone


He got in when it was cheap a long time ago and sold when the price went full retard a few weeks ago.
Feb 5 2018 5:59PM
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milk_man
Posts: 5214 - Karma: 6,494
Dustin.That is well below average unfortunately. You didn't sell when it skyrocketed?

Hmm no. I'm in a lot of alts right now, not very easy to get out quickly
Feb 9 2018 9:27AM
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skierman
Posts: 8064 - Karma: 4,799
skiermanLOL I feel like John Paulson and ya'll gonna be broke.


OMG WHEN YOU POSTED THIS TWO MONTHS AGO BITCOIN WAS AT $18,000

JOHN PAULSON WAS KNOWN BY SHORT STOCKING THE HOUSING MARKET WHEN IT BLOATED AND CRASHED.

AS OF TODAY BITCOIN IS AT $8,500, A FUCKING MASSIVE DROP FROM 2 MONTHS AGO. OK IT AINT A HOUSING CRISIS BUT THE TEARS OF YOUR MILLENNIAL CRISIS IS GREAT FOR ME ON TOP OF THE MASSIVE PROFIT EARNED FROM SHORTING THIS OBVIOUS FUCKING BUBBLE! FUCK YOU ALL!

I'm buying satellite radio.
Feb 12 2018 11:59PM
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iH8pow
Posts: 1728 - Karma: 7,211
Local exotic car rental is now accepting bitcoin, ripple, ethereum and monero. You frequently get the cash discount price when you buy precious metal bullion with bitcoin. Those people must only imagine it going up in value. And a litecoin credit/debit cars is supposed to be on the horizoncoming Feb. 26th. Yea the price fluctuates a lot right now but if you offer me 20 litecoin to buy my motorcycle, i’m not gonna say no. Most of us can agree in maybe 5 years 90% of the coins could be gone/worthless but the ones that stick will moon. Just keep diverse holdings and keep up on the technology and news and redistribute your holdings as it goes
Feb 14 2018 3:39PM
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mtbakerpow
Posts: 1105 - Karma: 927
Like I said before, still not a safe enough investment for me. Doubt it will be something I’d recommend or reconsider no matter what happens within 5 years^
Feb 14 2018 6:10PM
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Dustin.
Posts: 13839 - Karma: 7,704
theLiquorLocal exotic car rental is now accepting bitcoin, ripple, ethereum and monero. You frequently get the cash discount price when you buy precious metal bullion with bitcoin. Those people must only imagine it going up in value. And a litecoin credit/debit cars is supposed to be on the horizoncoming Feb. 26th. Yea the price fluctuates a lot right now but if you offer me 20 litecoin to buy my motorcycle, i’m not gonna say no. Most of us can agree in maybe 5 years 90% of the coins could be gone/worthless but the ones that stick will moon. Just keep diverse holdings and keep up on the technology and news and redistribute your holdings as it goes


What you are describing here is almost identical to roulette.
Feb 14 2018 6:42PM
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skierman
Posts: 8064 - Karma: 4,799
Dustin.What you are describing here is almost identical to roulette.


NO MAN SAFE INVESTMENT! TOTALLY INVEST AND BECOME BITCOIN ILLIONAIRE!
Feb 16 2018 7:33PM
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kingsskier
Posts: 6212 - Karma: 2,101
TRVP_ANGELhello? kingskiier? you gud bro? 1-800-273-TALK if you feel the need to talk to someone


LOL I havent been on this thread in a minute. You clearly didnt follow the thread too close. I cashed out a couple days after Christmas. I turned my less than $5k investments into a new car that I bought without a loan, plus a large boost to my savings account. I did buy back into Ripple a while ago and am sitting well with that too.
I will always promote the suicide hotline referred for anyone who needs it, but its not needed here.
Mar 12 2018 3:25PM
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zues
Posts: 6434 - Karma: -5,332
let this virtual currency crash so i'll feel better about myself. PLEASE!!!!
Mar 12 2018 4:42PM
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zues
Posts: 6434 - Karma: -5,332
man i wish i held onto these coins instead of getting drugs delivered to my PO box... DAMNIT
Mar 12 2018 4:43PM
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TRVP_ANGEL
Posts: 12420 - Karma: 114,469
kingsskierLOL I havent been on this thread in a minute. You clearly didnt follow the thread too close. I cashed out a couple days after Christmas. I turned my less than $5k investments into a new car that I bought without a loan, plus a large boost to my savings account. I did buy back into Ripple a while ago and am sitting well with that too.
I will always promote the suicide hotline referred for anyone who needs it, but its not needed here.


alright now im calling the hotline
Mar 12 2018 4:52PM
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zues
Posts: 6434 - Karma: -5,332
kingsskierLOL I havent been on this thread in a minute. You clearly didnt follow the thread too close. I cashed out a couple days after Christmas. I turned my less than $5k investments into a new car that I bought without a loan, plus a large boost to my savings account. I did buy back into Ripple a while ago and am sitting well with that too.
I will always promote the suicide hotline referred for anyone who needs it, but its not needed here.


What platform do you use to trade? when did you buy? 5 grand investment to buy a new car... what kind of car? i should have turned $400 in to 1 million. But who gives a fuck right?
Mar 12 2018 5:12PM
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kingsskier
Posts: 6212 - Karma: 2,101
zuesWhat platform do you use to trade? when did you buy? 5 grand investment to buy a new car... what kind of car? i should have turned $400 in to 1 million. But who gives a fuck right?


I use many platforms for crypto to crypto trading but I wire transfer out to fiat from coinbase.
I bought in before and some shortly after creating this thread. Last June/July.
As for the car, I bought a 2018 CLA250.
Mar 12 2018 5:56PM
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milk_man
Posts: 5214 - Karma: 6,494
I'm a finance major and the things that most people in finance academia have to say about cryptocurrency is absolutely obnoxious. Like that it has nothing behind it... Then they admit that it has blockchain behind it, but their uneducated idea of what blockchain really is blinds them to the value of it and cryptocurrency as a whole
Mar 12 2018 7:42PM
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Lonely
Posts: 6601 - Karma: 59,670
Considering buying back in since prices are low. Cashed out before the bubble and mad a couple hundred bucks. Could have been a lot more had I waited til december
Mar 12 2018 9:04PM
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zues
Posts: 6434 - Karma: -5,332
kingsskierI use many platforms for crypto to crypto trading but I wire transfer out to fiat from coinbase.
I bought in before and some shortly after creating this thread. Last June/July.
As for the car, I bought a 2018 CLA250.


Yea I had bitcoin in 2011 when they were $3. FUCK MY LIFFFFEEEE. don't get me wrong, i made some money but no where near what i should have made.

Sell them they're fucking worthless and when ppl figure out blockchain is 10 billion dollar idea and bitcoin is worthless bitcoin will fall

Block chain is the future of business and bitcoin isn't
Mar 13 2018 9:09AM
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kingsskier
Posts: 6212 - Karma: 2,101
zuesBlock chain is the future of business and bitcoin isn't

This is true. Blockchain is the great idea in all of this. Bitcoin is just the best to market it. Individualized blockchain trading is the future, not one universal coin using blockchain.
Mar 13 2018 10:17AM
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zues
Posts: 6434 - Karma: -5,332
kingsskierThis is true. Blockchain is the great idea in all of this. Bitcoin is just the best to market it. Individualized blockchain trading is the future, not one universal coin using blockchain.


companies are already adapting it as a tool for purchasing and selling their product to business partners. really quite a good idea and a lot of money in it.
Mar 13 2018 10:26AM
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DirtYStylE
Posts: 3635 - Karma: 8,774
zuesBlock chain is the future of business and bitcoin isn't


Bitcoin is still the undisputed king in crypto. I don't see that changing anytime soon. There are just too many uneducated people that are investing into whatever will give good returns regardless of the tech behind the coin. This will change (if bitcoin dosen't update their tech)
Mar 13 2018 1:44PM
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zues
Posts: 6434 - Karma: -5,332
DirtYStylEBitcoin is still the undisputed king in crypto. I don't see that changing anytime soon. There are just too many uneducated people that are investing into whatever will give good returns regardless of the tech behind the coin. This will change (if bitcoin dosen't update their tech)


I agree... it's become a commodity but it has no real value besides the price ppl are willing to pay for it, which i believe ultimately will be 0$ right now its all speculatory because its a brand new concept to most people. You have all these people who just simply want to get rich who are investing because they see the prices skyrocketing. ultimately it's blockchain that holds the value in my opinion.
Mar 13 2018 3:13PM
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iH8pow
Posts: 1728 - Karma: 7,211
I’m dead my portfolio was bleeding hard. Hard to say it’s gonna be $0 though. Look at all the countries teetering on default and it’s just a matter of time before the U.S. is there which will be global economic chaos. Like precious metals (although far more) it’s price may fluctuate but it will never be zero and I’m more comfortable holding than dollars. I could see that 95% of altcoins may be worthless in a few years and that is healthy for blockchain, but some have real value. Right now I’m liking litecoin, ripple, and some supply chain like origintrail, ambrosus, cargox and other erc20s. Dent is very intriguing in regards to cellular data purchasing but who knows how that’ll go.

**This post was edited on Mar 22nd 2018 at 1:24:41pm
Mar 22 2018 1:23PM
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oiucheekykunt
Posts: 185 - Karma: 451
Rparryeah I'm really grateful I got my gpu several years ago before the mining craze. Have the prices actually increased significantly?

yes it's ridiculous
Mar 22 2018 1:42PM
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Dustin.
Posts: 13839 - Karma: 7,704
milk_manI'm a finance major and the things that most people in finance academia have to say about cryptocurrency is absolutely obnoxious. Like that it has nothing behind it... Then they admit that it has blockchain behind it, but their uneducated idea of what blockchain really is blinds them to the value of it and cryptocurrency as a whole


Blockchain is a way to use cryptography, which is math. What do you think it has behind it?
Mar 23 2018 12:24AM
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Dustin.
Posts: 13839 - Karma: 7,704
zuesI agree... it's become a commodity but it has no real value besides the price ppl are willing to pay for it, which i believe ultimately will be 0$ right now its all speculatory because its a brand new concept to most people. You have all these people who just simply want to get rich who are investing because they see the prices skyrocketing. ultimately it's blockchain that holds the value in my opinion.


How could the use of blockchain possibly hold value? The first thing the guy who made Bitcoin did with his blockchain algorithms is make them open source, so literally any bank that's wants to add this idea to their app and back it by the US dollar can do so.
Mar 23 2018 12:26AM
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oiucheekykunt
Posts: 185 - Karma: 451
Dustin.How could the use of blockchain possibly hold value? The first thing the guy who made Bitcoin did with his blockchain algorithms is make them open source, so literally any bank that's wants to add this idea to their app and back it by the US dollar can do so.

think he ,means blockchain technology is a useful thing , not that it makes bitcoin valueable
Mar 23 2018 12:53AM
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milk_man
Posts: 5214 - Karma: 6,494
Dustin.Blockchain is a way to use cryptography, which is math. What do you think it has behind it?


Big infrastructure investments made by real people in ASIC miners and miners using GPUs
Mar 23 2018 9:12AM
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SSteezle
Posts: 9221 - Karma: 9,939
I'm mostly interested in bitcoin and lite coin, but currently only holding lite coin. if bitcoin goes to 5-6k, I'll invest more. I think it's the future currency
Mar 23 2018 2:06PM
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kingsskier
Posts: 6212 - Karma: 2,101
SourSteezleI'm mostly interested in bitcoin and lite coin, but currently only holding lite coin. if bitcoin goes to 5-6k, I'll invest more. I think it's the future currency


I disagree with the blanket statement of it being THE future currency (but my opinion is as worthless as anyone else). I think it will be a major player, but there will be multiple cryptos in play if cryptos are truly the future. That is why I like investing in the cryptos with specific target practices and markets. In my opinion, cryptos will be localized to specific markets. Bitcoins will be a player in it and may be the daily common man trade, but it wont be the only major player.
My 2 cents
Mar 23 2018 3:54PM
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zues
Posts: 6434 - Karma: -5,332
Dustin.How could the use of blockchain possibly hold value? The first thing the guy who made Bitcoin did with his blockchain algorithms is make them open source, so literally any bank that's wants to add this idea to their app and back it by the US dollar can do so.

Which is exactly why companies are employing people to build it for their businesses. its a billion dollar idea and soon a good amount of business will be using it. Thats fucking how. It's not a fake currency that is backed by speculation. It's a useful tool .
Mar 26 2018 4:54PM
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Dustin.
Posts: 13839 - Karma: 7,704
zuesWhich is exactly why companies are employing people to build it for their businesses. its a billion dollar idea and soon a good amount of business will be using it. Thats fucking how. It's not a fake currency that is backed by speculation. It's a useful tool .


It's a new way to utilize cryptography (math). It's not like Litecoin is going to make money when Wells Fargo makes a transaction written utilizing the ideas behind blockchain. A useful tool only MAKES MONEY when it's sold or provided as a unique service, not when it's given away for all to adapt to their own business models. Blockchain is very interesting stuff, I love to sit and think about some of the great stuff you could build with Ethereum. However this conversation is in regards to investment, and that is a very very difficult conversation for the crypto side in my opinion. Not impossible to hold value, but very tough to justify over other investment options. The value of the US dollar is backed by the continued ridiculous growth and production of the US economy. What are the cryptos you like backed by? How do they make money? If you can't answer that, it's not an investment. I'm not trying to be a dick dude, you don't have to get butthurt because you like it so much. I think it's cool stuff.
Mar 28 2018 2:03AM
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ski93
Posts: 1279 - Karma: 83
Shorted at 7800 with 10x leverage, felt good.
Mar 30 2018 6:53PM
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Dustin.
Posts: 13839 - Karma: 7,704
ski93Shorted at 7800 with 10x leverage, felt good.


How did you make that trade?
Mar 30 2018 7:46PM
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zues
Posts: 6434 - Karma: -5,332
Dustin.It's a new way to utilize cryptography (math). It's not like Litecoin is going to make money when Wells Fargo makes a transaction written utilizing the ideas behind blockchain. A useful tool only MAKES MONEY when it's sold or provided as a unique service, not when it's given away for all to adapt to their own business models. Blockchain is very interesting stuff, I love to sit and think about some of the great stuff you could build with Ethereum. However this conversation is in regards to investment, and that is a very very difficult conversation for the crypto side in my opinion. Not impossible to hold value, but very tough to justify over other investment options. The value of the US dollar is backed by the continued ridiculous growth and production of the US economy. What are the cryptos you like backed by? How do they make money? If you can't answer that, it's not an investment. I'm not trying to be a dick dude, you don't have to get butthurt because you like it so much. I think it's cool stuff.


You're not being a dick because you're not making sense. The idea of blockchain is already being transformed and designed to now be utilized in the Production and industrialization industry. it's not about crypto currency anymore its about Business 2 business transactions. It's not going to be blockchain it's going to be the idea of blockchain implemented in software for corporations to buy and sell their products seamlessly. Everyone can see what everyone else is doing on blockchain, thus economics 101 - supply and demand can take full effect. It's already being developed and utilized and the developers are making plenty of money. Blockchain is worth much more than bitcoin itself because it it's a service and not an invisible speculative "digital currency".
Apr 3 2018 1:28PM
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DirtYStylE
Posts: 3635 - Karma: 8,774
zuesEveryone can see what everyone else is doing on blockchain, thus economics 101 - supply and demand can take full effect.


This could actually be a pretty big deal for B2B. I haven't heard of this point before so its hard to say what the direct impact of this could be...

I would guess that the effect for the average consumer would probably be negligible. The first big thoughts I have about the B2B would be financial transparency, auditing, etc.. Although, if a company wants to make a suspicious/secret transaction, they can always use traditional means.
Apr 3 2018 1:55PM
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zues
Posts: 6434 - Karma: -5,332
DirtYStylEThis could actually be a pretty big deal for B2B. I haven't heard of this point before so its hard to say what the direct impact of this could be...

I would guess that the effect for the average consumer would probably be negligible. The first big thoughts I have about the B2B would be financial transparency, auditing, etc.. Although, if a company wants to make a suspicious/secret transaction, they can always use traditional means.


It's going to be a big deal for companies that choose to use it. I feel that once it catches on its going to be a big change in the Business world especially in the manufacturing industry.
Apr 3 2018 7:11PM
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DirtYStylE
Posts: 3635 - Karma: 8,774
zuesIt's going to be a big deal for companies that choose to use it. I feel that once it catches on its going to be a big change in the Business world especially in the manufacturing industry.


uh oh

Bank of America just admitted that crypto currency is a threat to their business model - article link
Apr 3 2018 7:55PM
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T.L.
Posts: 4729 - Karma: 3,008
Where my miners at? What are you mining with?
Apr 3 2018 8:47PM
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Dustin.
Posts: 13839 - Karma: 7,704
zuesYou're not being a dick because you're not making sense. The idea of blockchain is already being transformed and designed to now be utilized in the Production and industrialization industry. it's not about crypto currency anymore its about Business 2 business transactions. It's not going to be blockchain it's going to be the idea of blockchain implemented in software for corporations to buy and sell their products seamlessly. Everyone can see what everyone else is doing on blockchain, thus economics 101 - supply and demand can take full effect. It's already being developed and utilized and the developers are making plenty of money. Blockchain is worth much more than bitcoin itself because it it's a service and not an invisible speculative "digital currency".


Yes. So why do you disagree with me? That's what I said. And I also said that service can be created and provided by companies themselves. I'm not sure what you're point is.
Apr 3 2018 11:12PM
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