Tomcat Posted November 17, 2013 Share Posted November 17, 2013 I notice that Bitcoin is getting a lot of press now. It went from 60c to around 400$ . Many Ladyboy sites take it now as payment as do plenty of other places does anyone here use it yet. Maybe in 5 years it will be all we use to pay for Hotels etc 2 Quote Link to comment
pdogg Posted November 18, 2013 Share Posted November 18, 2013 I haven't used it. Personally, I would be very leery of speculating in Bitcoin but I really don't know much about it. Quote Link to comment
Tomcat Posted November 18, 2013 Author Share Posted November 18, 2013 As a currency its here to stay i think that much . The idea is to stop fiat currencies like the $ being the be all and end all in world trade. Also Bitcoin incurs no transaction charge.. My guess is that within 2 years all Sex sites will accept this as payment and in five years it will be the major method. Ladyboy Ladyboy and all its sister sites already take it from memory Quote Link to comment
pdogg Posted November 18, 2013 Share Posted November 18, 2013 It's up to $619! US Senate committee on Homeland Security is having Bitcoin hearings today. Quote Link to comment
Tomcat Posted November 19, 2013 Author Share Posted November 19, 2013 On RT TV channel Bitcoin is a big subject and reported on every day . Max Keiser cant stop talking about it. Some analysts predicting the price will rise to $10,000 . Both China and Russia seem to be big fans. Also Keiser is a clever fellow and most of his predictions seem to have been correct. He was on wall st for years but now seems to be an anti establishment figure on the RT Channel. Im surprised he hasnt been sued as he is pretty blunt in attacking Politicians RT is one of the fastest growing news channels in the EU Quote Link to comment
strocube Posted November 19, 2013 Share Posted November 19, 2013 I like Abby Martin from RT. What a total babe. I'd do her, even if she doesn't have a cock. 1 Quote Link to comment
Tomcat Posted November 20, 2013 Author Share Posted November 20, 2013 Its Sophie Sheradnaze for me...what a Sweetie. I watch all her shows just to drool...Actually its a good show . The channel is backed by the Russian Govt in some shape or form and offers another view .. im surprised in the UK it hasnt been taken off the air as Max Keiser has defamed just about everyone and is pretty acerbic to say the least ... but makes good viewing anyway heres Sophie with a guest talking Bitcoin http://rt.com/shows/sophieco/bitcoin-banks-cash-development-625/ 1 Quote Link to comment
strocube Posted November 21, 2013 Share Posted November 21, 2013 She's a cutie, for sure. Also very interested in Bitcoin. Thanks for that:) Quote Link to comment
Tomcat Posted November 24, 2013 Author Share Posted November 24, 2013 http://www.coindesk.com/litecoin-spikes-200m-market-capitalization/ The other contender is Litecoin.. its only $4 now.. maybe due to the time lag of big investors getting over bitcoin.. I suppose $500 worth maybe a small investment , better than the racetrack Bitcoin technology was a faster uptake than the Iphone so these currencies are here for good now China has already backed Bitcoin so if they endorse Litecoin it will rise Quote Link to comment
strocube Posted November 30, 2013 Share Posted November 30, 2013 Been kinda keeping an eye on this Bitcoin thing. Looks like another bubble to me. Check it out: http://chycho.blogspot.ca/2013/11/the-bitcoin-bubble-or-is-it-two-charts.html Quote Link to comment
Tomcat Posted December 1, 2013 Author Share Posted December 1, 2013 ha ha ...Its the Chinese offshore investors ploughing in. Around a 1000$ now. Sell sell sell... But its like Napster , someone has to be first and the market will sort itself out and eventually the survivor will stand and there no doubt about this in my mind. Maybe Litecoin will be the ultimate winner . ill read up a bit more and maybe buy some before it bubbles up I think Altcoin and paycoin are in the running but Litecoin has advantages that the others dont The Banks hate it as transactions are free.. peer to peer 1 Quote Link to comment
Tomcat Posted December 1, 2013 Author Share Posted December 1, 2013 Also the founder of Bitcoin , a Japanese guy, dissappeard under mysterious circumstances in 2011 Quote Link to comment
Tomcat Posted December 14, 2013 Author Share Posted December 14, 2013 Litecoin has gone from $4 to $30.Also see Ron Paul stated that Bitcoin could be the down fall of the Dollar. A hedge fund guy was on TV the other days and stated that its feasible for BITCOIN to reach 1 Million per coin within 10 years... go figure But i think a few under the mattress wont hurt.. just so i wont kick myself if it does happen. Just like some guys believe in God as an insurance.. just in case there is life after death Quote Link to comment
Lefty Posted December 15, 2013 Share Posted December 15, 2013 I haven't used it. Personally, I would be very leery of speculating in Bitcoin but I really don't know much about it. That's how it is with me too. I heard of some people making huge profits, but I kind of wonder if people just getting into it now can have the potential to do the same. Quote Link to comment
ArchieBunker Posted December 17, 2013 Share Posted December 17, 2013 It sounds like a Ralph Kramden get rich quick scheme to me. I mean how the hell will it usurp well established fiat currencies if the value will be in the 100's of thousands or higher?? What will we buy.00000001% of bit coins then go down to the nearest Whole Foods. It sounds like the reverse situation of The Weimar Republic or reverse of the modern day Zimbabwe. BTW is that cunt Mugabe STILL alive??? Why cant we persuade Kim Jung Un that HE is also his uncle...... Quote Link to comment
pacman Posted December 17, 2013 Share Posted December 17, 2013 BTW is that cunt Mugabe STILL alive??? Why cant we persuade Kim Jung Un that HE is also his uncle...... He was front & centre at Nelson Mandela's memorial service last week looking mighty pleased with himself. Not bad for a man about to turn 90. Quote Link to comment
Tomcat Posted December 17, 2013 Author Share Posted December 17, 2013 It sounds like a Ralph Kramden get rich quick scheme to me. Have you noticed the $ money printing thats been going on.. many are getting rich out of that big time. And at some stage that tap will be turned off BItcoin will have ups and downs but one thing is certain that one will triumph as a virtual currency. Many LB sites here take Bitcoin already and it growing exponentially. China has backed it 100%. I suppose we will have to wait and see. Quote Link to comment
ArchieBunker Posted December 17, 2013 Share Posted December 17, 2013 Yes I do notice this. It will be interesting to see what happens when the tap is turned off or at least turned down. Now, I hear many people who know more than I do and should know claim that DEFLATION and stagnation is more of a problem than inflation. As an armchair economist/observer that notion seems counterintuitive to me......... Quote Link to comment
Tomcat Posted December 17, 2013 Author Share Posted December 17, 2013 Actually when i said the Chinese backed Bitcoin i meant the people not the Govt. It seems like the Govt have banned it due to Chinese shunting there funds offshore VIA.. BCoin Winklevoss reckons Bitcoin will top out at $48,000 per coin . obviously its in its infancy and will eventually settle down or it could be Pioneers and Arrows and maybe Litecoin will prevail. he has ploughed $20 Million in of his own funds to get it going Also they will start minting Bitcoins soon in Guernsey i think Quote Link to comment
strocube Posted December 19, 2013 Share Posted December 19, 2013 This just in: http://www.npr.org/blogs/thetwo-way/2013/12/18/255207384/already-down-50-percent-will-bitcoins-bite-the-dust?ft=1&f=1001 1 Quote Link to comment
strocube Posted December 20, 2013 Share Posted December 20, 2013 More grist for the Bitcoin mill: http://disinfo.com/2013/12/bitcoin-crash-patent-falsehood-heres/ Quote Link to comment
Tomcat Posted December 20, 2013 Author Share Posted December 20, 2013 i agree with all that is said in the link and im not even an Economist.. it just makes more sense though . One of the virtual currencies will succeed and even some of the Investment Banks are thinking about this now in that they are thinking of launching their own currencies as well.... seems like they all want a slice ( they call it something else as Virt Currency has a bad ring to it according to them) sending money across the world should not cost anything and it wont in the near future . Max Keiser usually has a Bitcoin update on his show three times a week on RT channel...He was an early promoter Quote Link to comment
rxpharm Posted March 7, 2014 Share Posted March 7, 2014 A number of problems have hit bitcoin now, including the suspicious death of an American CEO of a bitcoin exchange in Singapore, the closing of bitcoin in Canada (small market though), and the crash of Mt Gox and a Vancouver based exchange makes things suspect. Quote Link to comment
Tomcat Posted March 7, 2014 Author Share Posted March 7, 2014 As they sat Rex , to make an Omelette you gotta crack a few eggs. I think its obvious that in the future this type of system will prevail in some form and i think BITCOIN could still succeed Maybe LITECOIN will take over or rise up Quote Link to comment
pdogg Posted March 8, 2014 Share Posted March 8, 2014 I think the Pattaya Beer Garden accepts or did accept Bitcoin (or OBitcoin). Will check it out in a few days and report back. Quote Link to comment
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.