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Author Topic: Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)  (Read 302057 times)
tikay
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« Reply #960 on: April 12, 2018, 12:37:06 PM »


What is the current Bitcoin price, please? The thread went deathly quiet, & I sort of lost touch.
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« Reply #961 on: April 12, 2018, 12:39:06 PM »

Bitcoin currently $7,461.69

Everyone just holding and crossing their fingers I guess...
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lucky_scrote
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« Reply #962 on: April 12, 2018, 12:46:38 PM »


What is the current Bitcoin price, please? The thread went deathly quiet, & I sort of lost touch.

Most people mostly care about the price and since the price went down to 7k and stayed there for a while, it seems that the subject has gone quite for the time being Smiley.
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« Reply #963 on: April 12, 2018, 01:39:59 PM »

what do you think would be the impact on the high stakes live MTT scene if Crypto a) stays at these levels or b) falls a way from here..over the remainder of the year?

i ask because the boom in HR fields, buy in, guarantees must have been fuelled to an extent by bitcoin going to $20k and the profits made from that if cashed.
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« Reply #964 on: April 12, 2018, 02:12:56 PM »

what do you think would be the impact on the high stakes live MTT scene if Crypto a) stays at these levels or b) falls a way from here..over the remainder of the year?

i ask because the boom in HR fields, buy in, guarantees must have been fuelled to an extent by bitcoin going to $20k and the profits made from that if cashed.

very good question, not just on the effect with regards to SHR's, but thepoker economy as a whole. I'd be interested in hearing peoples thoughts here.
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« Reply #965 on: April 12, 2018, 02:57:41 PM »

Anyone use Coinbase? They are making to fill in a form which essentially is asking what i'm using Coinbase for and where the money is coming from for the bitcoins that are going through the account. They don't allow transactions relating to gambling (i go through another exchange first before transferring to Coinbase) so I feel i'm kinda stuck.
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« Reply #966 on: April 12, 2018, 05:17:55 PM »

Bitcoin Cash Becomes the New Shirt Sponsor of Ayr United FC
https://themerkle.com/bitcoin-cash-becomes-the-new-shirt-sponsor-of-ayr-united-fc/
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« Reply #967 on: April 13, 2018, 11:34:33 AM »

I can't speak for the super high stakes, if there were an introduction of people who owned bitcoin way back when, then that would be the reason for a boom in those fields.

As for mid to high stakes, I can only imagine people who were just there to make money have likely dropped off and that if bitcoin were to not go up in price for a long time or drop off, then we would very likely see an increase in field sizes at mid to high stakes, as well as the quality of those fields improving.
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« Reply #968 on: April 17, 2018, 06:26:49 PM »

Barclays is thinking about setting up a crypto exchange.
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« Reply #969 on: May 03, 2018, 07:49:24 AM »


Dipped my toe back into the Crypto market again yesterday after nearly four months on the sideline

I am still struggling to see these more than a tradable commodity
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tikay
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« Reply #970 on: May 03, 2018, 09:01:40 AM »


Dipped my toe back into the Crypto market again yesterday after nearly four months on the sideline

I am still struggling to see these more than a tradable commodity


I'm well aware that the mere mention of Warren Buffet in this thread seems to prompt outburst of apoplexy & derision, but I still believe it makes sense to listen to someone who, if we are honest, we know is a lot brighter than most of us here. And yes, he can get it wrong, though probably less often than most.

Anyway, love him or hate him, he made some interesting views known recently, here;


https://www.cnbc.com/2018/05/01/warren-buffett-bitcoin-isnt-an-investment.html
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« Reply #971 on: May 03, 2018, 07:56:26 PM »

tbf, i think people that people get het up when his words are presented as having some extra weight. or are referenced ala 'well that settles the debate, he's rich and clever, we're not, so ner'

appeals to authority tend to shut down discussion and not add to them. sure we may think his views are worth listening to but if what he says is based on false assumptions, flawed premises and a lack of understanding then having his words constantly repeated and referenced as though they are unasailably wise and The Last Word on debate would most definately be annoying.

imagine trying to have a rational discussion on the age of dinosaur fossils with someone who insisted on a referencing a literal reading of the old testament.

it'd be like trying to have a discussion on the future of crypto with someone who thought warren buffett's latest pronouncement was the final say in a debate
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« Reply #972 on: May 03, 2018, 09:35:40 PM »

tbf, i think people that people get het up when his words are presented as having some extra weight. or are referenced ala 'well that settles the debate, he's rich and clever, we're not, so ner'

appeals to authority tend to shut down discussion and not add to them. sure we may think his views are worth listening to but if what he says is based on false assumptions, flawed premises and a lack of understanding then having his words constantly repeated and referenced as though they are unasailably wise and The Last Word on debate would most definately be annoying.

imagine trying to have a rational discussion on the age of dinosaur fossils with someone who insisted on a referencing a literal reading of the old testament.

it'd be like trying to have a discussion on the future of crypto with someone who thought warren buffett's latest pronouncement was the final say in a debate


Yes but it would be like God referencing a literal reading of the old testament. 
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« Reply #973 on: May 04, 2018, 08:37:24 AM »

Tikay as soon as I read that someone has said something is not an investment because it is not of intrinsic value is enough to make me shake my head. Buffet has been successful for a long time but it has been made clear that for a while we have been entering the data era. Data is going to be if not already the most influential and powerful "thing". It can be used to influence our spending habits, our political decisions and education.

Buffet understands investing in stocks, profit and loss and business better than anyone on the planet, but now that we have reached another revolution he has become a dinosaur. Fair play to him though, he has been right many times and proved people wrong very often, but the fact he doesn't see the value of bitcoin is staggering. It is the most under-rated technology that I've ever seen, and it's right in front of everyone's nose.

When very innovative things happen we begin with the hard core innovative and enthusiasts, then will follow smart people, then will follow people that listen to smart people, then will follow the hoards. Even very stubborn and stupid people end up being part of a revolution (see: the internet).
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« Reply #974 on: May 04, 2018, 08:57:31 AM »

...

When very innovative things happen we begin with the hard core innovative and enthusiasts, then will follow smart people, then will follow people that listen to smart people, then will follow the hoards. Even very stubborn and stupid people end up being part of a revolution (see: the internet).


The internet was monetized because of porn. When the porn industry starts investing in the blockchain - that's when everyone should pile in Cheesy
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