Bitcoins - fad or trend?

Discussion of all things crypto and blockchain.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Jan 30, 2019

Bitcoinist: BITCOIN PRICE - FINANCIAL ADVISORS TARGETING $17,571 IN DEC 2023
https://bitcoinist.com/bitcoin-price-financial-advisors-targeting-17571-in-dec-2023/
Gentlemen prefer Engelhard.
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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Jan 30, 2019

Bitcoinist: BITCOIN TAXES: 61% OF HOLDERS WON’T REPORT LOSSES TO IRS.
https://bitcoinist.com/bitcoin-taxes-report-losses-irs/
Gentlemen prefer Engelhard.
Bitcoin: PRApWhTMjV5KyyPpC6nAErYPzFmCaX3fs

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Jan 30, 2019

News BTC: Coinbase CEO: Full Promise Of Bitcoin (BTC) Yet To Be Realized, Still in Very Early Stage.
https://www.newsbtc.com/2019/01/28/coinbase-ceo-promise-bitcoin-yet-to-be-realized/
Gentlemen prefer Engelhard.
Bitcoin: PRApWhTMjV5KyyPpC6nAErYPzFmCaX3fs

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Wed Jan 30, 2019

Gentlemen prefer Engelhard.
Bitcoin: PRApWhTMjV5KyyPpC6nAErYPzFmCaX3fs

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Mon Feb 04, 2019

Cointelegraph: Kraken Buys UK Exchange Crypto Facilities for at Least $100 Million
https://cointelegraph.com/news/kraken-buys-uk-exchange-crypto-facilities-for-at-least-100-million
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jcz1
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Re: Bitcoins - fad or trend?

Postby jcz1 » Mon Feb 04, 2019

This seems like poor business planning:

Crypto Exchange Says It Can't Repay $190 Million to Clients After Founder Dies With Only Password

https://gizmodo.com/crypto-exchange-say ... 1832309454

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Mon Feb 04, 2019

That is extremely poor business planning, and also a very poor selection by the investors.

Everybody knows, or should know, that you hold your Bitcoin off the exchange in a cold-storage wallet. That isn't breaking news, Silver Doge, myself, and the media have been preaching this for mantra for a long time.

Keeping your private keys "private" is your responsibility. Too bad for the investors, but it is just another example of how money doesn't equate with intelligence (or simple common sense). There is no FDIC with Bitcoin.

This is a quote from the article:

“This is a tough lesson learned,” Calgary customer Elvis Cavalic told CBC, adding that he had been unable to withdraw $15,000 in holdings in October 2018.

“I would probably avoid [cryptocurrency] in the future,” Cavalic said. “They’ve left us completely in the dark. I’m kind of preparing for the worst.”


"Kind of preparing"? This is "game over man". I pity you fools.

It is a good day for Bitcoin. 26,500 Bitcoins are probably lost forever, so every other "safely guarded" Bitcoin becomes more precious and valuable.
Gentlemen prefer Engelhard.
Bitcoin: PRApWhTMjV5KyyPpC6nAErYPzFmCaX3fs

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Sat Feb 09, 2019

Bix Weir: Crypto Traders Bleeding Red!

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