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.TUX. ![]() |
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Originally posted by chris123
Well it's not backed by anything like a central bank -so who knows. That'll be the (privately owned) Central Banks that have robbed you, i and many more for decades bud due to their inflationary currency backed by nothing other than their word? You honestly call that backing? Cryptos are deflationary and are backed by people. Real people, like you and i. People who wish to trade 'peer to peer' ie you to me without the need for every single transaction going via a bank (why should it?)........and the ridiculous costs incurred. Still a good time to buy.
TRILLIONS are transacted daily. Edited by .TUX. (05 Sep 2018 10.17pm)
Buy Litecoin. |
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Originally posted by .TUX.
That'll be the (privately owned) Central Banks that have robbed you, i and many more for decades bud due to their inflationary currency backed by nothing other than their word? You honestly call that backing? Cryptos are deflationary and are backed by people. Real people, like you and i. People who wish to trade 'peer to peer' ie you to me without the need for every single transaction going via a bank (why should it?)........and the ridiculous costs incurred. Still a good time to buy.
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Tom-the-eagle ![]() |
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Bitcoin has dropped over 8% today
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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Tux, aren't you starting to feel like you're selling Betamax here? Perhaps the time for crypto isn't quite now. The big boys just don't want it to happen....for obvious reasons. Edited by Stirlingsays (06 Sep 2018 4.25pm)
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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Originally posted by Tom-the-eagle
Bitcoin has dropped over 8% today Still a good time to avoid like the plague then.
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Tom-the-eagle ![]() |
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Originally posted by chris123
Still a good time to avoid like the plague then.
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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Originally posted by Tom-the-eagle
Seems Goldman Sachs may agree.
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Tom-the-eagle ![]() |
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Originally posted by chris123
Seems Goldman Sachs may agree.
I like it when I can dish out pearls of financial wisdom on the HOL and the large institutions agree with me.
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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Originally posted by Tom-the-eagle
I like it when I can dish out pearls of financial wisdom on the HOL and the large institutions agree with me. Regulatory uncertainty and you where just enough it seems.
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The devil doesn't exist. But if he did his business card would read 'Goldman Sachs'.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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pefwin ![]() |
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Cryptocurrencies collapse after report Goldman is rolling back trading desk plans
"Everything is air-droppable at least once." "When the going gets tough, the tough call for close air support." |
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pefwin ![]() |
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Originally posted by Stirlingsays
The devil doesn't exist. But if he did his business card would read 'Goldman Sachs'. inventors of the CDS.
"Everything is air-droppable at least once." "When the going gets tough, the tough call for close air support." |
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