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  #641  
Old 01-26-2018, 02:11 PM
HippoNipple HippoNipple is offline
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I am also intrigued by the potential for blockchain technology but the current method of using it for currencies doesn't have my interest. I have a hard time betting against central banks getting their way. If it does stick around and there is no getting around it why wouldn't countries just create their own forcing everyone to flock to the new currency backed by a country like the US? I am on board with the idea of a digital currency if done right though.

For now I'm investing around it because I'm aggressive enough as it is with my investments but I'm excited to see where it goes.
Last edited by HippoNipple; 01-26-2018 at 02:16 PM..
  #642  
Old 01-26-2018, 02:49 PM
Eslade Eslade is offline
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Quote:
Originally Posted by HippoNipple [You must be logged in to view images. Log in or Register.]
I am also intrigued by the potential for blockchain technology but the current method of using it for currencies doesn't have my interest. I have a hard time betting against central banks getting their way. If it does stick around and there is no getting around it why wouldn't countries just create their own forcing everyone to flock to the new currency backed by a country like the US? I am on board with the idea of a digital currency if done right though.

For now I'm investing around it because I'm aggressive enough as it is with my investments but I'm excited to see where it goes.
https://www.reuters.com/article/us-v...-idUSKBN1DX0SQ Venezuela likes the cut of your Jib.
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  #643  
Old 01-26-2018, 02:56 PM
Chronoburn Chronoburn is offline
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All in on Garlicoin
  #644  
Old 01-28-2018, 12:11 AM
Grimjaw Grimjaw is offline
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Quote:
Originally Posted by hokuten99 [You must be logged in to view images. Log in or Register.]
risky move having less diversification but fuck i really feel like blockchain technology is the future.
The future is here!! The government of Canada is now using the Ethereum Blockchain
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  #645  
Old 01-28-2018, 01:06 PM
Pokesan Pokesan is offline
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Bank of Canada boss says bitcoin is GAMBLING and NOT an investment

https://www.express.co.uk/finance/ci...-Canada-dollar

Quote:
But Mr Poloz issued a stark warning to cryptocurrency investors. He said: “A lot of words have been used but I think the main thing is, buyers should be aware it is much closer to gambling than investing.”
Quote:
He said bitcoin has no intrinsic value, therefore it would not be classed as an asset and is instead “speculative or gambling”.
Quote:
Mr Poloz also outlined his plans for the Bank of Canada’s own digital currency. He said: “All the major banks have active research agendas on this.”
Quote:
But Mr Poloz said he does not think bitcoin will be part of a digital currency of central banks.
  #646  
Old 01-28-2018, 04:50 PM
Izmael Izmael is offline
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I'm sure somebody somewhere cares about Mr Poloz's views on cryptocurrency.
  #647  
Old 01-29-2018, 01:09 AM
Meep Meep is offline
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Does Mr Poloz want to explain the fractional reserve banking system and why that's bad for everyone? Thought not.
  #648  
Old 01-29-2018, 01:11 AM
Pokesan Pokesan is offline
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Originally Posted by Meep [You must be logged in to view images. Log in or Register.]
Does Mr Poloz want to explain the fractional reserve banking system and why that's bad for everyone? Thought not.
fractional reserve(western banking) is better than fictional reserve(crypto pump via tether)
  #649  
Old 01-29-2018, 02:34 AM
silo32 silo32 is offline
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good video of some guy using some e wallet and lost 30k his entire life savings, he was frekaing

glad i cashed out and am posting this from my castle
  #650  
Old 01-29-2018, 01:32 PM
hokuten99 hokuten99 is offline
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#hodlgang
#hodlgang
#hodlgang
#hodlgang
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