Lloyds Banking Group Ban Bitcoin Purchases

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It is also banned by some credit card companies ... why did you think did the price drop so fast ?

Facebook -> Banned
Google -> Ban Coming
Other Ad Networks -> Ban Coming
Credit Cards -> Partially Banned

People are clueless when it comes to "how" and "where" their "Crypto Coin" profits are generated . Don't get me wrong , I made and still make profits from those markets , but I am realist about what "Crypto Coins" are :) . The profits are generated from stupid-money . If you cut the incoming stupid-money ... the profits will be harder to maintain . If no stupid-money enters anymore (literally none) the value of all coins will be 0$ .

When will that happen (maybe even if) ? Nobody knows .
 
And bitcoin is down to $7769.99 at the time of writing...
 
Yep this is just their credit cards and does not affect bank transfer or debit cards.
 
I believe it's a good thing. People running up credit card debts to buy crypto is bad for news all round.
 
Like almost all us cc companies as well. As said here you can use bank account or debit card
 
Yes of course people can still use debit cards, the point being that all of the "I want to get rich" public (like ALL of them) won't have any money except what they can get via their credit cards.

Which is now Zero - which is going to deflate the bubble even faster.

Mark my words it'll be $3000 by the end of next month.
 
ttmschine said:
Yes of course people can still use debit cards, the point being that all of the "I want to get rich" public (like ALL of them) won't have any money except what they can get via their credit cards.

Which is now Zero - which is going to deflate the bubble even faster.

Mark my words it'll be $3000 by the end of next month.
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Crypto ballers don't care, you just a hater bro. Just cos you got no coins, stop hating. Who cares if Bitcoin is slowly becoming banned from everywhere.
 
mickyfu said:
Won't even be able to buy into a sherbet dip soon with a bitcoin.
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Sherbet dips wow that takes me back, in the days when you could buy sweets before school, telephone boxes on the street and money was real lol!
 
Robm said:
That's what people said last week... and the week before. How many 'dips' should people buy into?
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You know what the best quality of Bitcoin is, and why HODL-ers always win? As long as there are people that believe in the cryptos they are bond to exist. To give you an example - Apple can go bankrupt and their shares will cost $0. Google can bankrupt and their shares will cost $0. Thats true for every single company out there. You can hold this stocks as much as you want - once the company go out of business they are completely and totally useless. Cryptos on the other hand exist regardless of the price. Bitcoin can dip to $1 tomorrow. So what? The blockchain is still there. In a year, or 2 or 5 the price will go up to 10-20-50k again. Because why the hell not? However if you sell ..well, if you look back a bit over a month there was always highs and downs, and always, always those who sell are the ones who are sorry. So HODL. So buy more. Eventually you will be fine, as long as you dont invest money you cannot afford to lose.
 
Um....ok. Why would you suggest not investing money you cannot afford to lose when your lengthy ramble pointed out how you can only win? Actually - no need to answer. I have taken your financial advice on board.
 
Iknowsomethings said:
You know what the best quality of Bitcoin is, and why HODL-ers always win? As long as there are people that believe in the cryptos they are bond to exist. To give you an example - Apple can go bankrupt and their shares will cost $0. Google can bankrupt and their shares will cost $0. Thats true for every single company out there. You can hold this stocks as much as you want - once the company go out of business they are completely and totally useless. Cryptos on the other hand exist regardless of the price. Bitcoin can dip to $1 tomorrow. So what? The blockchain is still there. In a year, or 2 or 5 the price will go up to 10-20-50k again. Because why the hell not? However if you sell ..well, if you look back a bit over a month there was always highs and downs, and always, always those who sell are the ones who are sorry. So HODL. So buy more. Eventually you will be fine, as long as you dont invest money you cannot afford to lose.
Click to expand...

Why do you need to worry about investing money you cant afford to lose if it's a 100% sure thing like you're claiming?

I think you've just given away your true feelings on the matter there.
 
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