Crypto Currency - Who's into this?

Discussion in 'Lifestyle' started by Skins, Jul 5, 2017.

  1. tc_pattaya

    tc_pattaya Legendary Member

  2. Skins

    Skins Head Nigga in Charge Staff Member

    I'm surprised the banking cartels / big governments allow this crypto shit. I figured at some point they would come together and decide to take them out.
     
  3. tc_pattaya

    tc_pattaya Legendary Member

    At first, some governments said it wasn't really a currency and would never take off, then they tried to ignore it, and now they are trying to monitor and control it. Some see the open nature of the blockchain as a potential way to track all economic transactions, which is hard to do with cash. Bitcoin is designed so that the blockchain can be maintained on any home PC, they would have to shut down the Internet to get rid of it. The one thing they could do is ban exchange between fiat and crypto currencies, but I doubt they would do that.

     
    Skins likes this.
  4. the lockmaster

    the lockmaster Well-Known Member

  5. maxpower

    maxpower Well-Known Member

    Skins likes this.
  6. tc_pattaya

    tc_pattaya Legendary Member

    Skins likes this.
  7. jspill

    jspill Well-Known Member

    Skins and tc_pattaya like this.
  8. Skins

    Skins Head Nigga in Charge Staff Member

    Crazy shit. I said it in the WeChat thread. If they want you, they can find you. We're all being watched. Only way to stay off the grid is to chuck all your electronics into a lake and go live in a wooden hut somewhere.
     
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  9. Skins

    Skins Head Nigga in Charge Staff Member

    Really interesting stuff. I think there's still time to get into this before the general public embraces it. Then it could shoot through the roof.
     
  10. tc_pattaya

    tc_pattaya Legendary Member



    Came across this documentary on Netflix. It's a good overview of the history, technology and players involved. One of the interviewees is film maker Alex Winter aka Bill S Preston from Bill & Ted.

    http://m.imdb.com/title/tt5033790/
     
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  11. Skins

    Skins Head Nigga in Charge Staff Member

    I see bitcoin fell from $4,900 to $4,200. Might be a good time to dip my toes into this world. Currently researching opening up a wallet.
     
  12. tc_pattaya

    tc_pattaya Legendary Member

  13. Skins

    Skins Head Nigga in Charge Staff Member

    I'd like to see a strong correction so I can buy in then ride the next wave. :) I do think crypto currencies are here to stay. I just don't know which ones... Some of them will fail for sure. I'll probably just buy bitcoin and hold long term.
     
  14. jspill

    jspill Well-Known Member

    It takes 2 mins to open an exodus.io wallet. Do it right now bitcoin is $4040, OMG and QTUM are cheap too, I'd buy those. Everything dropped a bit with some fake news coming out of China this week, it will just go up again once that passes.
     
    Skins likes this.
  15. Skins

    Skins Head Nigga in Charge Staff Member

    Awesome thanks. Was just reading your article about the exodus wallet.
     
  16. the lockmaster

    the lockmaster Well-Known Member

    Damn. Just checked the price of OMG.

    2 months ago it was worth $0.50 usd

    Now it's over $11 usd
     
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  17. tc_pattaya

    tc_pattaya Legendary Member

  18. tc_pattaya

    tc_pattaya Legendary Member

    https://www.yahoo.com/news/jamie-dimon-thinks-bitcoin-fraud-233951191.html
     
  19. evo

    evo Well-Known Member

    What website do you recommend to buy Bitcoin for people in Thailand?

    I use and prefer Coinbase, but they don't work in Thailand.
     
  20. Mikefox

    Mikefox Well-Known Member

    Yes that was the documentary i watched, quite interesting
     
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