The ramifications of blockchain technology?

Anything that doesn't fit anywhere else.

Moderators: Blip, The_Metatron

Re: The ramifications of blockchain technology?

#221  Postby Thommo » May 22, 2019 7:32 am

Cito di Pense wrote:
jamest wrote:Maybe even this year.


The big waffle is "maybe". Check back in a year. If there isn't another year, don't check back.


You can add that to this one:
jamest wrote:I'm anticipating a high of 50-150K after the next bull run, which I think will begin within the next year and peak around 18 months later.


Although how much effort fact checking this on-paper profit he hasn't actually realised, in a currency he's trying to explain is worthless is worthwhile is another question.
User avatar
Thommo
 
Posts: 26278

Print view this post

Ads by Google


Re: The ramifications of blockchain technology?

#222  Postby Cito di Pense » May 22, 2019 8:08 am

Thommo wrote:
Cito di Pense wrote:
jamest wrote:Maybe even this year.


The big waffle is "maybe". Check back in a year. If there isn't another year, don't check back.


You can add that to this one:
jamest wrote:I'm anticipating a high of 50-150K after the next bull run, which I think will begin within the next year and peak around 18 months later.


Although how much effort fact checking this on-paper profit he hasn't actually realised, in a currency he's trying to explain is worthless is worthwhile is another question.


The way to become a billionaire is to start with 1000 bucks and double your money each year for twenty years. It's like playing craps and rolling seven 7s seven times in a row. Fiat currency? Fix It Again, Tony!
Хлопнут без некролога. -- Серге́й Па́влович Королёв

Translation by Elbert Hubbard: Do not take life too seriously. You're not going to get out of it alive.
User avatar
Cito di Pense
 
Name: Amir Bagatelle
Posts: 28477
Age: 22
Male

Country: The Heartland
Mongolia (mn)
Print view this post

Re: The ramifications of blockchain technology?

#223  Postby Macdoc » May 22, 2019 10:39 pm

Image
Travel photos > https://500px.com/macdoc/galleries
EO Wilson in On Human Nature wrote:
We are not compelled to believe in biological uniformity in order to affirm human freedom and dignity.
User avatar
Macdoc
 
Posts: 15828
Age: 72
Male

Country: Canada/Australia
Australia (au)
Print view this post

Re: The ramifications of blockchain technology?

#224  Postby jamest » May 23, 2019 10:17 pm

Thommo wrote:
Cito di Pense wrote:
jamest wrote:Maybe even this year.


The big waffle is "maybe". Check back in a year. If there isn't another year, don't check back.


You can add that to this one:
jamest wrote:I'm anticipating a high of 50-150K after the next bull run, which I think will begin within the next year and peak around 18 months later.


Although how much effort fact checking this on-paper profit he hasn't actually realised, in a currency he's trying to explain is worthless is worthwhile is another question.

Regards the first issue, the demise of the current economical status quo is certain. The only 'maybe' is whether it happens this year or in the next handful of years.

Regards the second issue, Btc has doubled+ in price since I acquired it 3 months ago and is actually threatening to rise above 10K for a 300% rise, even short-term. The future is looking positive for all sorts of reasons, not least Fidelity getting on board within the next few weeks. And let's not forget about the halving event, which happens for bitcoin about a year from now.

Unless governments shit themselves and seek to sanction liberal investing, I'm still quite confident that the prediction I made a few months back will occur, so only time will serve as my judge. Certainly, I rebuke your scorn at this present time, as you know fuck all about this particular space. And I do mean fuck all.
Il messaggero non e importante.
Ora non e importante.
Il resultato futuro e importante.
Quindi, persisto.
jamest
THREAD STARTER
 
Posts: 17858
Male

Country: England
Jolly Roger (arr)
Print view this post

Re: The ramifications of blockchain technology?

#225  Postby jamest » May 23, 2019 11:38 pm

Oh, the third point, which I failed to address, is that yes Btc is currently valued in terms of US dollars, the value of which will eventually implode upon itself, thus making the value of Btc skyrocket as everyone gets the fuck out of fiat, quick. (Precious metals will skyrocket too)

I'm not here arguing that Btc IS the new fundamental currency of the world. I'm here arguing that it will become so, probably within a decade. At the most, two.

You can continue to laugh and scorn, and yes Btc has had its ups and downs, but within a decade the technology associated with cryptocurrency has improved massively and the price of Btc has been generally astronomical compared to its initial price. Indeed:

At the very beginning, Bitcoin naturally started out quite slow. After the mining of the first Genesis block of Bitcoin in January 2010, it started taking baby steps. On 5th January, 2010, its first course towards exchange dollar was published at 1 USD being equal to 1309.03.

Around this time, 1000 Bitcoins were trading at about 0.3S which pegs the price of each Bitcoin at 0.00003. In the same year, Bitcoin was used to purchase Papa John’s pizza. 10,000 BTC were used to purchase something worth 25 US dollars, which pegs the value of each Bitcoin at 0.0025 cents.


https://www.btcwires.com/round-the-bloc ... n-history/

So, 9+ years ago bitcoin was at $0.00003, and now it's a shade under $8000, and yet Thommo can't believe I'm predicting that Btc could rise to about 100K in about 2 years.

Some people just have trouble reading the numbers, obviously. :nono:
Last edited by jamest on May 24, 2019 12:48 am, edited 1 time in total.
Il messaggero non e importante.
Ora non e importante.
Il resultato futuro e importante.
Quindi, persisto.
jamest
THREAD STARTER
 
Posts: 17858
Male

Country: England
Jolly Roger (arr)
Print view this post

Re: The ramifications of blockchain technology?

#226  Postby jamest » May 24, 2019 12:04 am

Again, this isn't a discussion about God/philosophy/etc.. I'm only here to try and help you muppets survive the oncoming economic armageddon.

You still have time, but not much, to get your fuckin' investments out of any stock/share related scheme underpinned by fiat. I have done so myself, to the tune of five figures, so I'm walking the walk. If you have a pension (as I did), or are directly invested in the stock market, or are entrusting your bank to 'look after' significant savings with an interest rate less than the rate of inflation, then you need to mobilise your arses fairly soon, because if you don't you're going to lose the bulk of your wealth within the next handful of years. I shit you not.

If you want to play it safe, invest in gold/silver. If you want to ride a rocket, buy bitcoin.
Il messaggero non e importante.
Ora non e importante.
Il resultato futuro e importante.
Quindi, persisto.
jamest
THREAD STARTER
 
Posts: 17858
Male

Country: England
Jolly Roger (arr)
Print view this post

Re: The ramifications of blockchain technology?

#227  Postby jamest » May 24, 2019 12:42 am

jamest wrote:I recommend that you all watch this video, it's excellent, about the fall of the dollar.

https://youtu.be/fjhLp8AHAYc

... I'd also recommend that you suscribe to Cambridge House as they have many such presentations to watch.

I'd like to hear how many of you here actually took the time to watch this? Seriously, have ANY of you watched it?

If you haven't watched it, then do so, ALL of it. It's not about God (I promise). It's essentially about how you're about to be shafted by your government. It's only about 40 minutes. Do it, please. For your own sake.
Il messaggero non e importante.
Ora non e importante.
Il resultato futuro e importante.
Quindi, persisto.
jamest
THREAD STARTER
 
Posts: 17858
Male

Country: England
Jolly Roger (arr)
Print view this post

Ads by Google


Re: The ramifications of blockchain technology?

#228  Postby Fallible » May 24, 2019 5:10 pm

Just saw in my diary today, our first client booked in with me next week addicted to buying bitcoin.
Sorry that you think you had it rough in the first world.
You ought to get out a map sooner than later.
Knowledge has turned into a trap; you have to slow down.
Get out of your head and spend less time alone.
User avatar
Fallible
RS Donator
 
Name: Alice Pooper
Posts: 49264
Age: 46
Female

Country: Engerland na na
Canada (ca)
Print view this post

Re: The ramifications of blockchain technology?

#229  Postby Scot Dutchy » May 24, 2019 5:14 pm

His name was not James btw. :lol:
Myths in islam Women and islam Musilm opinion polls


"Religion is excellent stuff for keeping common people quiet.” — Napoleon Bonaparte
User avatar
Scot Dutchy
 
Posts: 43014
Age: 70
Male

Country: Nederland
European Union (eur)
Print view this post

Re: The ramifications of blockchain technology?

#230  Postby Thommo » May 24, 2019 5:18 pm

jamest wrote:
Thommo wrote:
Cito di Pense wrote:
jamest wrote:Maybe even this year.


The big waffle is "maybe". Check back in a year. If there isn't another year, don't check back.


You can add that to this one:
jamest wrote:I'm anticipating a high of 50-150K after the next bull run, which I think will begin within the next year and peak around 18 months later.


Although how much effort fact checking this on-paper profit he hasn't actually realised, in a currency he's trying to explain is worthless is worthwhile is another question.

Regards the first issue, the demise of the current economical status quo is certain.


At your request I wasn't talking to you. It makes no sense to try and solicit some kind of attention from me in those circumstances.
User avatar
Thommo
 
Posts: 26278

Print view this post

Re: The ramifications of blockchain technology?

#231  Postby Scot Dutchy » May 24, 2019 5:26 pm

James is just hoping he is far enough up the tree to make a profit.
Myths in islam Women and islam Musilm opinion polls


"Religion is excellent stuff for keeping common people quiet.” — Napoleon Bonaparte
User avatar
Scot Dutchy
 
Posts: 43014
Age: 70
Male

Country: Nederland
European Union (eur)
Print view this post

Re: The ramifications of blockchain technology?

#232  Postby jamest » May 24, 2019 10:23 pm

I'm already up amongst the bananas, squire.
Il messaggero non e importante.
Ora non e importante.
Il resultato futuro e importante.
Quindi, persisto.
jamest
THREAD STARTER
 
Posts: 17858
Male

Country: England
Jolly Roger (arr)
Print view this post

Re: The ramifications of blockchain technology?

#233  Postby jamest » May 24, 2019 10:27 pm

Thommo wrote:
jamest wrote:
Thommo wrote:
Cito di Pense wrote:

The big waffle is "maybe". Check back in a year. If there isn't another year, don't check back.


You can add that to this one:
jamest wrote:I'm anticipating a high of 50-150K after the next bull run, which I think will begin within the next year and peak around 18 months later.


Although how much effort fact checking this on-paper profit he hasn't actually realised, in a currency he's trying to explain is worthless is worthwhile is another question.

Regards the first issue, the demise of the current economical status quo is certain.


At your request I wasn't talking to you. It makes no sense to try and solicit some kind of attention from me in those circumstances.

I'm just using your words to make my points, like a wall I can kick my ball against. I'm not arsed whether you respond or not, but if you choose to make remarks in a thread I have started, then expect to be hit by the odd ball or two.
Il messaggero non e importante.
Ora non e importante.
Il resultato futuro e importante.
Quindi, persisto.
jamest
THREAD STARTER
 
Posts: 17858
Male

Country: England
Jolly Roger (arr)
Print view this post

Re: The ramifications of blockchain technology?

#234  Postby jamest » May 24, 2019 10:30 pm

Fallible wrote:Just saw in my diary today, our first client booked in with me next week addicted to buying bitcoin.

Then soon he'll be able to pay for the top psychologists in the UK, but what he really needs to do is study trading to understand why there are bad times to buy.
Il messaggero non e importante.
Ora non e importante.
Il resultato futuro e importante.
Quindi, persisto.
jamest
THREAD STARTER
 
Posts: 17858
Male

Country: England
Jolly Roger (arr)
Print view this post

Re: The ramifications of blockchain technology?

#235  Postby Macdoc » May 25, 2019 12:15 am

as you know fuck all about this particular space. And I do mean fuck all.


Jamest my associate brokered $150k in bitcoin today.. I know as I did the transfer ... and I've been watching this particular form of speculating fot years.....I'm still smarting from my kid's mining project ( electrical bills )..you are very new to this and it shows. :coffee:

have a

Image
Travel photos > https://500px.com/macdoc/galleries
EO Wilson in On Human Nature wrote:
We are not compelled to believe in biological uniformity in order to affirm human freedom and dignity.
User avatar
Macdoc
 
Posts: 15828
Age: 72
Male

Country: Canada/Australia
Australia (au)
Print view this post

Ads by Google


Re: The ramifications of blockchain technology?

#236  Postby OlivierK » May 25, 2019 5:13 am

Scot Dutchy wrote:James is just hoping he is far enough up the tree to make a profit.

jamest wrote:I'm already up amongst the bananas, squire.

You can pick most bananas standing on the ground :scratch:

Image

(And, as a nitpick from somebody who lives in a banana growing region, bananas don't grow on trees.)
The banana plant is the largest herbaceous flowering plant. All the above-ground parts of a banana plant grow from a structure usually called a "corm". Plants are normally tall and fairly sturdy, and are often mistaken for trees, but what appears to be a trunk is actually a "false stem" or pseudostem.

https://en.wikipedia.org/wiki/Banana
User avatar
OlivierK
 
Posts: 8853
Age: 53
Male

Australia (au)
Print view this post

Re: The ramifications of blockchain technology?

#237  Postby Fallible » May 25, 2019 6:38 am

jamest wrote:
Fallible wrote:Just saw in my diary today, our first client booked in with me next week addicted to buying bitcoin.

Then soon he'll be able to pay for the top psychologists in the UK, but what he really needs to do is study trading to understand why there are bad times to buy.


The whole reason he or she is accessing therapy is because their addiction has left them on the bones of their arse, Einstein. The last thing they need to do is spend any more time on the focus of their addiction. But without disclosing too much, this person, without any shadow of a doubt, has forgotten more than you will ever know about crypto currency. Can I ask, are you being intentionally stupid or what?
Sorry that you think you had it rough in the first world.
You ought to get out a map sooner than later.
Knowledge has turned into a trap; you have to slow down.
Get out of your head and spend less time alone.
User avatar
Fallible
RS Donator
 
Name: Alice Pooper
Posts: 49264
Age: 46
Female

Country: Engerland na na
Canada (ca)
Print view this post

Re: The ramifications of blockchain technology?

#238  Postby Hermit » May 25, 2019 6:53 am

jamest wrote:I'm only here to try and help you muppets survive the oncoming economic armageddon.

When economic armageddon arrives cryptocurrencies will be worth no more than the paper they are printed on. I mentioned this before, most recently here, but you insist on ignoring inconvenient facts.
God is the mysterious veil under which we hide our ignorance of the cause. - Léo Errera


God created the universe
God just exists
User avatar
Hermit
 
Posts: 2533
Age: 66
Male

Country: Here
Print view this post

Re: The ramifications of blockchain technology?

#239  Postby Scot Dutchy » May 25, 2019 4:32 pm

jamest wrote:I'm already up amongst the bananas, squire.


Who is saying it is a banana tree? You think so but who am I to set you right. A date palm would be a better bet. Ever seen dates falling? It is a bloody mess.
Myths in islam Women and islam Musilm opinion polls


"Religion is excellent stuff for keeping common people quiet.” — Napoleon Bonaparte
User avatar
Scot Dutchy
 
Posts: 43014
Age: 70
Male

Country: Nederland
European Union (eur)
Print view this post

Re: The ramifications of blockchain technology?

#240  Postby jamest » May 25, 2019 9:52 pm

OlivierK wrote:
Scot Dutchy wrote:James is just hoping he is far enough up the tree to make a profit.

jamest wrote:I'm already up amongst the bananas, squire.

You can pick most bananas standing on the ground :scratch:

Image

(And, as a nitpick from somebody who lives in a banana growing region, bananas don't grow on trees.)
The banana plant is the largest herbaceous flowering plant. All the above-ground parts of a banana plant grow from a structure usually called a "corm". Plants are normally tall and fairly sturdy, and are often mistaken for trees, but what appears to be a trunk is actually a "false stem" or pseudostem.

https://en.wikipedia.org/wiki/Banana

You learn something new about bananas every day. :shifty:
Il messaggero non e importante.
Ora non e importante.
Il resultato futuro e importante.
Quindi, persisto.
jamest
THREAD STARTER
 
Posts: 17858
Male

Country: England
Jolly Roger (arr)
Print view this post

PreviousNext

Return to General Discussion

Who is online

Users viewing this topic: No registered users and 1 guest