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Thread: Official saddo financial thread

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  1. #136
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    Default Re: Official saddo financial thread

    Dude you mine a Bitcoin for $19,000 US dollars in hope somebody buys it for more? You know you are screwed if nobody buys it right? @walrus

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    Default Re: Official saddo financial thread

    Quote Originally Posted by brocktonblockbust View Post
    Dude you mine a Bitcoin for $19,000 US dollars in hope somebody buys it for more? You know you are screwed if nobody buys it right? @walrus
    Dude I don't mine Bitcoin u fool #beanzwasright

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    Default Re: Official saddo financial thread

    Quote Originally Posted by brocktonblockbust View Post
    Not only do you need a good computer and a huge source of electricity but you have to have all the software required because you need so many different kinds of software to use in synchronicity
    Brock stfu u just read shit online and repeat it. Had you put 100 dollars in btc when I told you to it would be worth 860,000k today it's not my fault you didn't take my advice

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    Default Re: Official saddo financial thread

    https://mobile.nytimes.com/2017/10/2...ww.google.com/

    Here is a nyt report on floyds crypto. I've read that something he was involved with has been accused of being a scam

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    Default Re: Official saddo financial thread

    China stepped up pressure on cryptocurrencies, with a ban on initial coin offerings (ICOs) and the closure of domestic bitcoin exchanges.

    It is a fraud. Even ask Jamie dimon of JP Morgan

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    Default Re: Official saddo financial thread

    Quote Originally Posted by brocktonblockbust View Post
    China stepped up pressure on cryptocurrencies, with a ban on initial coin offerings (ICOs) and the closure of domestic bitcoin exchanges.

    It is a fraud. Even ask Jamie dimon of JP Morgan
    Ok but one J.P. Morgan analyst called Bitcoin the future and the china thing has already been factored into the btc price. ICO should be banned too many scams

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    Default Re: Official saddo financial thread

    Bitcoin is backed by nothing and it's just an idea floating in the air it is absolutely back by nothing

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    Default Re: Official saddo financial thread


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    Default Re: Official saddo financial thread

    Bottom line Futures will kill it

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    Default Re: Official saddo financial thread

    What the hell is it? FFS bitcoin is software that forms a decentralized, peer-to-peer payment system with no central authority like the Federal Reserve or U.S. Treasury. ....but at the moment, most investors aren’t really using it as currency to pay for things. Instead, they’re using it as a speculative investment to buy in the hope of turning a profit. Maybe a big profit. (And maybe a big loss).

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    Default Re: Official saddo financial thread

    Here’s how much bitcoin he has generated so far: 0.000000071589. At the current rate, it would take him about 1,200 years to mine one complete bitcoin. That gives you a sense of how complex it is to mine bitcoin, and how much processing power it takes: These computerized mining rigs throw off so much energy that they can heat your home.

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    Default Re: Official saddo financial thread

    You can’t touch a bitcoin because it’s essentially software. You may have seen images of gold coins with a “Ƀ” on them. Those are souvenirs that can’t be converted into actual bitcoin. But they’re better for illustrating news stories than the streams of numbers and letters that resemble the actual blockchain.

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    Default Re: Official saddo financial thread

    Quote Originally Posted by brocktonblockbust View Post
    You can’t touch a bitcoin because it’s essentially software. You may have seen images of gold coins with a “Ƀ” on them. Those are souvenirs that can’t be converted into actual bitcoin. But they’re better for illustrating news stories than the streams of numbers and letters that resemble the actual blockchain.
    Stop trying to run with the big dogs, u r gonna get hurt

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    Default Re: Official saddo financial thread

    Ps possible crash today

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    Default Re: Official saddo financial thread

    There is another crypto called Bitcoin cash, it just popped up on the exchange I'm on at 3,000usd in one hour it is up over 8,000usd I don't know what to say

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