Bitcoin discussion and news

Discussion in 'world politics, current affairs and news' started by camouflage, Dec 25, 2010.

  1. rutabowa

    rutabowa YUPPIES OUT

    Well thats embarassing. I've never clicked a link to an express story tho!

    Think it was "bitcoin crash" I searched. Anyway its not very interesting.
     
  2. NoXion

    NoXion Eat leaden death, demon...

    Actually I think there is something to be said for the role of search engine algorithms in shaping the information received by various actors in the cryptocurrency phenomenon. FWIW here's my results for "bitcoin crash":

    [​IMG]
     
  3. mauvais

    mauvais change has become unavoidable

    I search "1 BTC to GBP" for my own amusement and I get loads of Express stories, one Sun, one Telegraph. I try not to visit any of em.
     
  4. rutabowa

    rutabowa YUPPIES OUT

    So basically my search engine has quite a low opinion of me.
     
  5. Crispy

    Crispy The following psytrance is baṉned: All

    That's not McAfee the antivirus software, that's McAfee the madman.
     
  6. gosub

    gosub ~#

  7. planetgeli

    planetgeli There's no future in England's dreaming

    keybored likes this.
  8. kabbes

    kabbes "A top 400 poster"

  9. ricbake

    ricbake working out how

    People who are interested in / buy / sell bitcoin and other crypto "currencies" are all online and getting all their news instantly and trying to find the newest and most important story as early as possible. I wonder how easy it is to manipulate people like that?

    I wonder if the Express and Sun have any particular interest in these values
     
  10. gosub

    gosub ~#

    Express, Sun and values all in one sentence.
     
    keybored likes this.
  11. bimble

    bimble noisy but small

    Might be something to this - as in people who've bought btc may be more suggestible so a good demographic for advertisers.
     
  12. The Fornicator

    The Fornicator Well-Known Member

    I'm buzzing. Already booked a space flight and a couple of shifts with Stormy Daniels.
     
  13. ricbake

    ricbake working out how

    I do not subscribe to any idea that the Sun and Express have value!
     
  14. gosub

    gosub ~#

    If I running the space program, dealing with the likes of you I'd have demanded the money in Escrow and strict cancellation penalties
     
    NoXion likes this.
  15. The Fornicator

    The Fornicator Well-Known Member

    Hey look everyone, see how gosub is part of the gang. Hey gosup, your mum has droopy boobies.neer.
     
  16. Yossarian

    Yossarian free shrugs

    Bitcoin price: $18,000
    Bitcoin price: $16,000
    Bitcoin price: $13,300
    Bitcoin price: $8,500
    Bitcoin price: $5,000

    ???
     
    maomao, sealion, cupid_stunt and 3 others like this.
  17. The Fornicator

    The Fornicator Well-Known Member

    It's all good - perfectly normal volatility for a non-fruadulent ponzi scheme, just ask market expert Mr 'tulip bubble' Madoff.
     
  18. bimble

    bimble noisy but small

    Just out of curiosity The Fornicator can you imagine a value of bitcoin reached sometime this year at which point you'd think maybe this wasn't a brilliant investment after all?
     
    NoXion likes this.
  19. The Fornicator

    The Fornicator Well-Known Member

    As previously mentioned, BTC is not the whole game any longer. If Lightening works well it may recover ground, or it may not - is it Amazon or is it mySpace. The game is blockchain and crypto currency, this thread is 'BTC talk'.
     
  20. bimble

    bimble noisy but small

    I’ll take that as a ‘no’ then.
     
    NoXion likes this.
  21. kabbes

    kabbes "A top 400 poster"

    I can’t even tell if this is self-deprecating irony or not.
     
    joustmaster likes this.
  22. The Fornicator

    The Fornicator Well-Known Member

    Of course you can't, not with your head up your arse.
     
  23. kabbes

    kabbes "A top 400 poster"

    Marvellous.

    I take it January didn’t let you top-slice any profit in the end. Let’s see if February brings you closer to that 100k mark.
     
  24. The Fornicator

    The Fornicator Well-Known Member

    You can almost smell that middle class entitlement.
     
  25. kabbes

    kabbes "A top 400 poster"

    Is this the bit where you tell me about the school for my non-existent children again?
     
  26. The Fornicator

    The Fornicator Well-Known Member

    What chance me falling for daft deflection comments.
     
  27. Yossarian

    Yossarian free shrugs

    Going to be interesting to see what happens, is all I can say - one narrative says bitcoin is a planet-destroying Ponzi scheme that is going to result in a lot of Silicon Valley tech-bro types hilariously losing all their money, along with a lot of suckers who put their meager savings into buying a tenth of a bitcoin or whatever.

    Another says that blockchain is a transformative technology and people with the courage to hang on to their cryptocurrencies for long enough are going to end up as wealthy as early investors in Apple.

    My prediction is for something in the middle: Something related to blockchain probably will replace traditional currencies in the richer countries in our lifetime, but today's cryptocoins won't be worth any more than the seashells or whatever people used as currency a thousand years ago. Most of the Winklevii, etc. will probably land on their feet, those lower down the food chain won't be so lucky.
     
    Last edited: Feb 4, 2018
    The Fornicator, ricbake and gosub like this.
  28. gosub

    gosub ~#

    Well she is 74


    Worked in private jets for over 20years, seen a lot of you easy come easy go money types... Still get paid at the end of it.
     
    Last edited: Feb 4, 2018
    maomao and bimble like this.
  29. bimble

    bimble noisy but small

    Blockchain being a transformative technology that may change how all sorts of things get done has nothing to do with the future value of bitcoins though does it?
     
    paolo, BigTom, NoXion and 1 other person like this.
  30. teqniq

    teqniq DisMembered

    What is this if it is not deflection?

    Being middle-class is not a prerequisite for being sceptical. I do not fall into this category by a long stretch but I'm not seeing anything that inspires me with the confidence to buy into cryptocurrency.
     
    sealion and gosub like this.

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