The ramifications of blockchain technology?

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Re: The ramifications of blockchain technology?

#121  Postby LucidFlight » Mar 05, 2019 12:49 pm

BlackBart wrote:
Hermit wrote:Delusion indeed. To think cryptocurrencies will afford protection from the collapse of the world's fiat currencies is as amusing as the confidence that a sun umbrella will ward off the effects of global warming. In the event of a global economic collapse Jamest will be tossed about helplessly like everybody else, but leave him to it. it makes him feel better about the prospect of its coming until it actually happens. That is worth something, don't you think?


Sooo... The the fiat currencies are going to collapse, but, strangely, the healthy world data network required for cryptocurrencies to operate on will still be intact? :what:

As long as you have a VPN you should be OK.
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Re: The ramifications of blockchain technology?

#122  Postby jamest » Mar 05, 2019 1:09 pm

felltoearth wrote:
jamest wrote:
If this was March 2015 you'd have been saying exactly the same things (as above). Looked what happened 2+ years later.

Do you have any idea what a person with real investment knowledge would say to this statement? This is exactly what a gambler would say. You’re out of your depth, once again.

No, I'm informing you that the fact that cryptocurrency has plunged in value by almost 90% in the last 14+ months is nothing new. The same thing has happened before, so you cannot extrapolate from the 2018-19 charts that crypto is going to zero.

If I were a gambler who knew nothing about the history of crypto nor the ever-improving fundamentals underpinning it and the ever-increasing adoption of it and just glanced at today's charts, I'd probably say "fuck that" too, just like you lot.

I'm not a gambler. I've put a lot of time into educating myself on the matter, still am, including fiat related investments. It is my opinion that investing in crypto now gives the investor a very good chance of becoming rich within the next few years. It is also my opinion that anyone invested in fiat-related assets, including of course pensions, will suffer major losses to their investments within the next 5 years, similar to 2008 (though I suspect much worse).
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Re: The ramifications of blockchain technology?

#123  Postby jamest » Mar 05, 2019 1:23 pm

Go and read about the ever improving technology/speed and increasing adoption of blockchain and crypto, ladies and gents. It's something which is creeping ever more into our lives and is destined to upturn the whole fucking table. Even the internet as we know it is being slowly revolutionised. For example, even google/chrome should be worried:

https://www.ccn.com/blockchains-killer- ... -downloads
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Re: The ramifications of blockchain technology?

#124  Postby Ironclad » Mar 08, 2019 9:51 am

What happened to James?
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Re: The ramifications of blockchain technology?

#126  Postby Macdoc » Mar 08, 2019 12:41 pm

Jamest
Go and read about the ever improving technology/speed and increasing adoption of blockchain and crypto, ladies and gents. It's something which is creeping ever more into our lives and is destined to upturn the whole fucking table. Even the internet as we know it is being slowly revolutionised. For example, even google/chrome should be worried:
https://www.ccn.com/blockchains-killer- ... -downloads


have been following it for a while Jamest and Bitcoin speculation has naught to do with block chain use. :roll:

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Re: The ramifications of blockchain technology?

#127  Postby jamest » Mar 14, 2019 10:05 pm

Macdoc wrote:Jamest
Go and read about the ever improving technology/speed and increasing adoption of blockchain and crypto, ladies and gents. It's something which is creeping ever more into our lives and is destined to upturn the whole fucking table. Even the internet as we know it is being slowly revolutionised. For example, even google/chrome should be worried:
https://www.ccn.com/blockchains-killer- ... -downloads


have been following it for a while Jamest and Bitcoin speculation has naught to do with block chain use. :roll:

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You cannot use some blockchains (or Dapps) without using the crypto specific to them. There's significantly different purposes for some of the blockchains/Dapps and hence the reason why there's so many different cryptos - it isn't just about A sending money to B. Although this was/is the initial purpose for Bitcoin it is unique amongst all crypto as being considered to be the crypto store of value, not unlike a precious metal. Hence, people are investing in it for the same reasons that they would buy gold/silver/etc. - as a hedge against fiat money and the general financial situation as a whole (crashing). For that same reason I've actually purchased gold and silver recently as I don't want all of my eggs within the crypto basket - the precious metals act as a hedge against both fiat and crypto.

Even if you don't like crypto, given the dire state of things I'd advise those of you who haven't yet done so to invest a significant portion of your wealth (if you have any, that is) in the precious metals. Not ETFs etc. though, actual gold/silver. Don't give those brokers your money for if the shit does hit the fan half of them will be taking a nosedive into the abyss, along with your money.

Eta: if you do invest in gold/silver be aware that certain coins are still deemed legal tender here in the UK (I believe that's the case elsewhere too) and are thus exempt from VAT (buying tax) and CGT (selling tax). Gold soverigns and Britannias, for instance. Silver Britannias are also CGT exempt but you'll probably have to buy them outside the UK to evade the VAT. I got mine from Ireland. You can have them delivered or pay a small fee to house them in a secure vault.
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Re: The ramifications of blockchain technology?

#128  Postby Scot Dutchy » Mar 14, 2019 10:35 pm

I just got scammed by a bitcoin salesman. FFS.
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Re: The ramifications of blockchain technology?

#129  Postby jamest » Mar 15, 2019 12:33 am

How?
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Re: The ramifications of blockchain technology?

#130  Postby Macdoc » Mar 15, 2019 1:50 am

Jamest get a job as shill for a Bitcoin mob. You are starting to sound like a time share pitchman. :roll:
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Re: The ramifications of blockchain technology?

#131  Postby jamest » Mar 15, 2019 2:07 am

Pitchmen get paid.
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Re: The ramifications of blockchain technology?

#132  Postby Scot Dutchy » Mar 15, 2019 6:42 am

jamest wrote:How?


Offering x amount if I joined the club. Nothing complicated. Just fill in the form and I get €11,000. Yeah I came in on the last turnip cart. :lol:
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Re: The ramifications of blockchain technology?

#133  Postby jamest » Mar 15, 2019 10:46 pm

Scot Dutchy wrote:
jamest wrote:How?


Offering x amount if I joined the club. Nothing complicated. Just fill in the form and I get €11,000. Yeah I came in on the last turnip cart. :lol:

Then you weren't scammed. You just imagined that you were about to be so.

Yes, the crypto world is full of scumbags, but let me remind you that the world of fiat is no different.
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