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Thread: Bitcoins are officially donkdown

  1. #4441
    Plutonium big dick's Avatar
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    why is the price of bitcoin 14k on coinbase and 13.5 on blockchain?

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    Quote Originally Posted by big dick View Post
    why is the price of bitcoin 14k on coinbase and 13.5 on blockchain?


     
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      big dick: merry xmas dish. Sorry for the reds nothing personal just politics

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    Quote Originally Posted by big dick View Post
    why is the price of bitcoin 14k on coinbase and 13.5 on blockchain?
    There are 50+ exchanges were Bitcoin trades at. The main ones in the USA are coinbase/gdax and gemini. Popular Asian one is bitfinex and European one is bitstamp. They all have different prices for Bitcoin. Blockchain.info, by default, uses the price of Bitcoin found at bitstamp. Same with Mycelium app and a few others. So block chain is giving you the bitstamp price which is a lot lower than the current coinbase price.

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    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by big dick View Post
    why is the price of bitcoin 14k on coinbase and 13.5 on blockchain?
    There are 50+ exchanges were Bitcoin trades at. The main ones in the USA are coinbase/gdax and gemini. Popular Asian one is bitfinex and European one is bitstamp. They all have different prices for Bitcoin. Blockchain.info, by default, uses the price of Bitcoin found at bitstamp. Same with Mycelium app and a few others. So block chain is giving you the bitstamp price which is a lot lower than the current coinbase price.
    Thanks

  6. #4446
    Plutonium sonatine's Avatar
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    Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.

    Each purported use case — from payments to legal documents, from escrow to voting systems—amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. What if there isn’t actually any use for a distributed ledger at all? What if, ten years after it was invented, the reason nobody has adopted a distributed ledger at scale is because nobody wants it?
    -Kai Stinchcombe


    not saying i subscribe to that entirely but its a great fucking point.



    full article:

    https://hackernoon.com/ten-years-in-...in-ee98c180100


    probably this will look like another cliff stohl 'lol internet' article in a decade but seriously its been a decade and bitcoins are still donkdown.
    Last edited by sonatine; 12-27-2017 at 08:28 AM.
    "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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    Quote Originally Posted by sonatine View Post
    Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.
    this is the interesting part of the whole crypto thing...the question is, what is that worth? id venture to guess it's worth a decent amount...

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    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by GambleBotsChafedPenis View Post
    this is the interesting part of the whole crypto thing...the question is, what is that worth? id venture to guess it's worth a decent amount...
    Hard to put a price tag on great shareware.

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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by GambleBotsChafedPenis View Post

    this is the interesting part of the whole crypto thing...the question is, what is that worth? id venture to guess it's worth a decent amount...
    Hard to put a price tag on great shareware.
    absolutely, especially if it lets you get your illegal vice on...

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    Plutonium sonatine's Avatar
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    its a wrap, warren buffett himself just bodied bitcoin. air is leaving the balloon on coinbase all day.



    https://www.marketwatch.com/story/he...omo-2017-12-26
    "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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    How do you maintain this pace? You haven't stopped proclaiming the death of bitcoin, you've been doing it for 6 years...........sonatine dies of a stroke>bitcoin is donkdown...
    "Druff would suck his own dick if it were long enough"- Brandon "drexel" Gerson

    "ann coulter literally has more common sense than pfa."-Sonatine

    "Real grinders supports poker fraud"- Ray Davis


    "DRILLED HER GOOD"- HONGKONGER

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    Plutonium lol wow's Avatar
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    Sonatine is going to die of Parkinson's so show some respect nerd

  13. #4453
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    Quote Originally Posted by sonatine View Post
    its a wrap, warren buffett himself just bodied bitcoin. air is leaving the balloon on coinbase all day.



    https://www.marketwatch.com/story/he...omo-2017-12-26

    Im pretty sure Buffet made some negative comments about bitcoin quite a while ago; im not sure exactly how long ago, but in any case i know this isn't the first time.
    The era of investors hanging on to and salivating over every word that comes out of his mouth is not exactly like it used to be imo. Im not saying the guy doesn't know what he is talking about or anything like that because he is clearly God, but if you're waiting for Bitcoin to tank because WB says so, thats probably not going to happen like it would have if this was years in the past.

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    Quote Originally Posted by Mintjewlips View Post
    How do you maintain this pace? You haven't stopped proclaiming the death of bitcoin, you've been doing it for 6 years...........sonatine dies of a stroke>bitcoin is donkdown...
    He is bitter that he missed the biggest bull market in history. He was too scared to get in because he lost his ass during the dot com boom and probably got raped during the housing bubble.

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    Plutonium lol wow's Avatar
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    Please don't give him that much credit he's just super lazy and wanted to rub it in gook faces if it tanked WHICH I RESPECT

     
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      sonatine: I SEE YOU NEW YORK CITY

  16. #4456
    Plutonium sonatine's Avatar
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    https://www.reuters.com/article/uk-s...-idUSKBN1EM05K



    south korea basically tightening the noose on a corpse.
    "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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    Quote Originally Posted by sonatine View Post
    https://www.reuters.com/article/uk-s...-idUSKBN1EM05K



    south korea basically tightening the noose on a corpse.

    OK, old news rehashed as new, sorry to tell ya, secondly BTC will bounce back big the when Goldman can trade futures and short it they will dump the pump and profit on both sides, rinse repeat.


    I am heavy in XRP for a while now but not selling, good first quarter of 2018 could mean even bigger 6 fig profits

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    Are you worried about high fees and slow transaction speed?

  19. #4459
    Plutonium sonatine's Avatar
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    Quote Originally Posted by big dick View Post
    Are you worried about high fees and slow transaction speed?

    its totally possible that we're not at a tipping point yet, and that the majority of current 'investors' pouring money in would barely understand what you were talking about.

    i honestly think it can hit 60k once the smoke clears in january.

    i also think there will be suicides when china sets the hook.
    "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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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by big dick View Post
    Are you worried about high fees and slow transaction speed?

    its totally possible that we're not at a tipping point yet, and that the majority of current 'investors' pouring money in would barely understand what you were talking about.

    i honestly think it can hit 60k once the smoke clears in january.

    i also think there will be suicides when china sets the hook.
    Oh god, if sonatine thinks it is going to 60k it is probably time to be cautious.

     
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      Mintjewlips: LOL

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