Recently, you woulda gotten similar results betting Vikings or Patriots ATS last 6 games.
A sextuple in 6 weeks
Why does this gambling thread get more love?
man, i sent some scraps from my blockchain to localbitcoins last night. still hasnt gone thru. wtf?
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Chaps' 2017-18 NFL $$ Thread
Looks like Bulgaria is sitting on $3 Billion in bitcoin it confiscated from a crime syndicate.
Right now the market cap of bitcoin is $400 Billion. Everything I have read the reason for the meteoric rise is because there are no sellers, just holders and traders. Presumably, this is because the market is illiquid. I mean, its kind of like what happened with a lot of dot.coms in the 90s, you can only sell a small fraction of what you own, because the real cash market does not exist. Is any bank going to cash out 1,000 bitcoins for you at these prices? These exchanges don't have the cash reserves to handle any type of significant cashout.
I'll admit, I know nothing about the bitcoin trade. Honestly, I don't want to know anything about it. One analyst correctly said it's impossible to value bitcoin because they have no value, as they are not backed by anything other than technical charts.
I guess if the US and China really want to ruin Bitcoin, it would be pretty easy, just make them illegal to trade given their ties to crime syndicates. Someone might ask how can that happen, in China it would be pretty easy, traders would just start vanishing. In the US, a few Silkroad type stings and that would be the end.
Monday will be an interesting day thats for sure
So it might be wise to purchase coins that help process transactions? Any suggestions?
I remember circa 1998, geez almost 20 years ago when I thought I was going to be a multi-millionaire by trading dot.com stocks. I was in my first apartment and watching CNBC and I saw an analyst and he was fielding questions. He was older in his 50s and someone like me called him up and asked about CMGI. CMGI was called an "internet incubator" as was worth like $100 B literally. The caller said something of the effect "Is CMGI worth $200 a share or is it over-valued?"
He calmly looked into the camera and said "I cannot value companies that have no real earnings" and took the next question with nothing further on CMGI. A couple years later CMGI effectively dissolved. I believe Bitcoin will meet the same fate, it has no intrinsic value because as a currency it's not backed by anything. There is a reason why a dollar is worth so much more than a PESO, it is measurable.
A lot of people are going to get destroyed on bitcoin, but a few will make a ton of money. I think daytrading this 'currency' is so dangerous, its worse than E-Toys back in the day. One day people will wake up and see a 90% erosion and start hanging themselves.
Ad hominem insults and the continual obsession with Larry.
Looks like this site is still a bunch of grown men focusing their ill-equipped minds on things they claim aren't worth their time.
This is like the digital version of the back of the comic book store where cocky dorks are playing WarHammer for bragging rights.
Larry is correct imo
if this thread teaches us nothing else, it has taught us that gringostar is absolutely furious that brandon broke his boyfriends heart.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
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