Official saddo financial thread

[brocktonblockbust]

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

[walrus]

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

[walrus]

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

[walrus]

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

[brocktonblockbust]

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

[walrus]

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

[brocktonblockbust]

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

[walrus]

https://www.marketwatch.com/story/on...ion-2017-12-18

U can't be this price prediction

[brocktonblockbust]

Bottom line Futures will kill it

[brocktonblockbust]

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).

[brocktonblockbust]

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.

[brocktonblockbust]

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.

[walrus]

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

[walrus]

Ps possible crash today

[walrus]

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