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Re: Bitcoin News & Discussion

Posted: Sat May 08, 2021 12:00 am
by Nbats7979
I'm still unsure about this one issue. Please enlighten me. If bitcoin is infinitely divisible how can it ever be scarce. Please don't quote the 21 number mining in the answer. Thanks.

At one time tulips were worth a fortune. No this is not different. Yes it is going to zero. Thanks for watching.

Re: Bitcoin News & Discussion

Posted: Sat May 08, 2021 3:30 am
by Pava
Nbats7979 wrote: Sat May 08, 2021 12:00 am I'm still unsure about this one issue. Please enlighten me. If bitcoin is infinitely divisible how can it ever be scarce. Please don't quote the 21 number mining in the answer. Thanks.

At one time tulips were worth a fortune. No this is not different. Yes it is going to zero. Thanks for watching.
Cabbage Patch dolls are 2K-3K now...but they will be 10-20 times more expensive next year...1983

Re: Bitcoin News & Discussion

Posted: Sat May 08, 2021 3:52 am
by Nbats7979
What problem does crypto solve?

A higher price doesn't make it more valuable

Korean dancing girls.

Lets make things better. A termoplastic molding mask. thin skeleton. double layer fabric over the top. just an idea I'm working on

Re: Bitcoin News & Discussion

Posted: Sat May 08, 2021 4:00 am
by Nbats7979
Pava wrote: Sat May 08, 2021 3:30 am Cabbage Patch dolls are 2K-3K now...but they will be 10-20 times more expensive next year...1983
And... you didn't answer my very specific question

Re: Bitcoin News & Discussion

Posted: Sat May 08, 2021 1:27 pm
by Pava
Nbats7979 wrote: Sat May 08, 2021 4:00 am And... you didn't answer my very specific question
Generally speaking...I wasn't going to

Re: Bitcoin News & Discussion

Posted: Mon May 10, 2021 8:09 pm
by mlawson71
Speaking of Korea:
Financial authorities in South Korea are demanding customer data from all local banks. The reason for this is for the authorities to locate and ultimately identify all crypto exchanges in the country. The Korean Herald reports that many of the nation’s financial regulators are currently summoning major banks so that they can give away vital data on the banks’ businesses with South Korean crypto exchanges. These authorities are even seeking corporate accounts, going as far as evaluating the banks’ monitoring methodologies.

Re: Bitcoin News & Discussion

Posted: Fri May 14, 2021 12:33 pm
by RplusT
I'm wondering that he based the decision on something that was known before his investment of 1.5 Billion. Or did he get cold feet, anticipating another significant drop.


Re: Bitcoin News & Discussion

Posted: Fri May 14, 2021 9:04 pm
by mlawson71
I wonder if they'll choose Dogecoin instead, considering what a fan Musk is.