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Thread: Bitcoin Cracks $5000

  1. #421

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    Quote Originally Posted by kahless View Post
    Sensitive are we, since I clearly never even inferred anything like that.

    Maybe you were too young to remember when the irrational part of the dot com bubble burst. The days when everyone and their brother was buying domain names thinking they would be worth a fortune. Domains were over valued but that did not last long and the flow of money to ridiculous business plans stopped, the bubble burst. Many lost money on their investment, lost jobs and companies closed.
    No, I'm not too young to remember the dotcom bubble..

    My point is bitcoin has gone through this several times before, this isn't some indication that bitcoin is going to burst and go away, it's just natural volatility as the price rises.
    "He's talkin' to his gut like it's a person!!" -me
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    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."



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  3. #422

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    $15,770

    On the rise.

  4. #423

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    Quote Originally Posted by dannno View Post
    No, I'm not too young to remember the dotcom bubble..

    My point is bitcoin has gone through this several times before, this isn't some indication that bitcoin is going to burst and go away, it's just natural volatility as the price rises.
    Domaining and the internet did not go away when the irrational period ended, neither will Bitcoin. Just saying the period is reminiscent of that. Is this the irrational period of Bitcoin and it will level out with a more realistic value, it almost seems like it but neither one of us really knows.

  5. #424

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    $16,855
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  6. #425

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    Quote Originally Posted by dannno View Post
    $16,855
    Y'all know about the bitfinex Tether scam, right?

    eta: Soooo....when does this thread switch to reporting 'bitcoin futures' instead of bitcoin? CNBC already reports the futures figures instead of the exchange figures.
    Last edited by devil21; 12-11-2017 at 04:11 AM.
    "Let it not be said that we did nothing." - Ron Paul

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  7. #426

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    Quote Originally Posted by devil21 View Post
    Y'all know about the bitfinex Tether scam, right?
    people holding tether will be rekted...

    Bitcoin unaffected. If any, price of bitcoin will increase even more. Tether holders selling at any cost for the most liquid crypto.

    Bitcoin shines compared to bad money.

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