Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (136900)	11/28/2017 10:25:27 AM
From: Horgad	Read Replies (1) \| Respond to of 217523

As long as it continues to work as a means of exchange for black market type transactions, it isn't going anywhere. Yes, anybody can start another one, but I think in this case the first will always be valued the highest...its all about momentum and liquidity. If/when some governments start to feel it is competing against their own fiat currencies, it may be in trouble, but even then the governments have to figure out how to control it. Not an easy task I think. Myself I wouldn't touch it, but I have been wrong before on major trends. My guess would be that governments eventually create traceable, taxable, infinitely expandable, cashless e-currency versions of their own currencies and then wage war in a major way on any currencies outside of their control. And then yes Bitcoin collapses...

To: elmatador who wrote (136900)	11/28/2017 11:07:18 AM
From: gg cox	1 Recommendation Recommended By dvdw© Read Replies (2) \| Respond to of 217523

I sold .2000 bitcoin yesterday and took me a full 4 hours to complete with bank cash deposit thru localbitcoins. This ,,with rising bit coin price , and very optimistic expectations of US $ 10,000 . When extreme negativity hits “”””1. 800 get me out”” will not work so well ,,as buyer will let timed trade expire creating 1 800 bagholdersgalor . My security was “ weak” and I was warned of an attempted hack from Germany ...suggested to up security levels and change password . Bitcoin $ 50,000 or bitcoin 0 ,,flip a coin... if it keeps rising over$10,000 I will get rid of the rest which was bought when 1 = $800 US a few years back ,, as experiment. (g)

To: elmatador who wrote (136900)	11/28/2017 2:45:35 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217523

bitcoin may or mayn't collapse blockchain shall live and thrive, and not altogether good for everyone at all times some technologies are inherently dangerous, especially during the growth / buildout phase watch & brief

To: elmatador who wrote (136900)	12/13/2017 8:41:48 AM
From: gg cox	3 Recommendations Recommended By dvdw© elmatador Horgad Read Replies (1) \| Respond to of 217523

Brilliant on bitcoin.

To: elmatador who wrote (136900)	2/20/2018 4:34:40 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217523

re <<Bitcoin will collapse>> your usual absolutist statement, am still waiting but in the meantime it lives bloomberg.com Bitcoin Rises as South Korea Talks ‘Active’ Support for Trading More stories by Eric LamFebruary 20, 2018, 8:17 PM GMT+8 Bitcoin’s stunning rebound continued on Tuesday, with the world’s largest digital token extending February’s gains after South Korean regulators signaled they will actively support what they called “normal” cryptocurrency trading. In a further shift from earlier rhetoric -- which hinted at an outright ban of cryptocurrency exchanges -- Choe Heungsik, governor of South Korea’s Financial Supervisory Service, told reporters he wants to see normalized trading of digital assets, and said the FSS is making efforts to do that. Bitcoin rose 3.8 percent to $11,502 at 7:15 a.m. in New York, heading for a one-month high, according to prices compiled by Bloomberg. The move takes Bitcoin to almost double its recent intraday low of $5,922 on Feb. 6, while rival coins also advanced, with Litecoin jumping 9.7 percent. Cryptocurrencies had plunged across the board through much of January amid mounting concern regulators would crack down on the burgeoning industry, but they’ve found an apparent bottom after some well-received Senate testimony from U.S. officials and a more conciliatory tone in South Korea. “South Korea did not ban Bitcoin,” said Arthur Hayes, Chief Executive Officer of BitMEX, a Seychelles-based peer-to-peer crypto-coin trading platform. “We’ve now gone up almost double in the last few weeks, and I think a lot of this is people coming around to the fact that Bitcoin trading isn’t going anywhere.” Establishing a real-name account system and money-laundering guidelines will be among efforts to normalize crypto trading, according to Choe. “People are seeing governments are not out to ban crypto trading,” Hayes said. — With assistance by Colin Simpson