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 Bitcoin Thread v1, and other cryptocurrencies

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archangel22
post Oct 22 2016, 11:44 AM

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Hi,
Bitcoin noob here. biggrin.gif

After reading lots abt bitcoin, I really wonder whats gonna happen once bitcoin has been fully adopted globally.

An I dont like the early creation of other altcoins. I mean, they're basically startup whos immediately doing IPO. Others like Ltc, doges, and the like are basically bitcoin ripoff.

as far as i understand, i think pple shld not even trading any altcoins until bitcoin is fully adopted.

Sorry if sound ranting, just be careful if youre trading altcoins (even Ethereum or Dash etc). its purely stock-market IPOs for startups. Stok prices are pegged to Bitcoin, hence the ponzi schemes.
archangel22
post Jan 9 2017, 10:34 AM

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QUOTE(wengherng @ Jan 8 2017, 11:17 PM)
Indeed.
Though, I admit I am more of a "hodler" than a trader......so far I've only been buying, not selling (especially since the dip now).
I have high hopes for BTC!
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ive tried trading. if you want to know how current stock market high frequency trading feels like, try to do intraday trading in btc. you'll feel like a machine. the more you seek profit/gains, you become more like machine. no eat, sleep, social etc. awake 24hrs bcse the whole world is trading btc.

the thing with trading is that it's almost impossible to time the up and down, whatever your position is, almost for sure you're losing either as realised loss or opportunity cost. short term wise it's gonna be a headache. long term seems no sure, but those who has invested since btc was worth $1 is still have a chance to keep getting their wealth intact, until the time value become less $1. hoping for btc to drop back to $1 is like hoping a cryptocurrency owner to convert back to fiat.

imho laugh.gif
archangel22
post Mar 6 2017, 09:57 PM

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QUOTE(kmarc @ Mar 6 2017, 09:30 PM)
That's the beauty of cryotocurrencies! Convenient without conversion rate with minimal charges. However, I won't be the best person to ask this as I'm buying for investment. I have not sold any bitcoin yet. wink.gif
You quoted his phone number. How's he going to delete it?  tongue.gif
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Yes the convenient conversion and appreciation in value makes it so attractive, at least for me.

Waiting for more bitcoin ATMs, so perhaps I dont have to go to currency exchanges anymore, everytime I wanna go travel overseas.

I'll def try it when I go Sg or japan. smile.gif

 

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