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BitCOIN After AUGUST 1st !!

Discussion in 'CryptoCurrency' started by JustAnotherPanel, Jul 31, 2017.

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  1. JustAnotherPanel

    JustAnotherPanel Jr. VIP Jr. VIP

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    What exactly will happen guys ?
    i hear many stories and many articles !
    Does anyone know what exactly will happen ?
     
  2. vinku

    vinku Jr. VIP Jr. VIP

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    for now Coinbase is keeping my 0,5 btc ;/ all transactions are Pending and started to be like Ponzi scheme
     
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  3. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Judgment Day.
     
  4. Ste Fishkin

    Ste Fishkin BANNED BANNED

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    RIP fake money.
     
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  5. vinku

    vinku Jr. VIP Jr. VIP

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    with this fake money I could sent payment to China in seconds with small fees when banks are taking $80 ;)
     
  6. itz_styx

    itz_styx Power Member

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    @vinku don't bother, some people don't get it yet..
     
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  7. vinku

    vinku Jr. VIP Jr. VIP

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    If BTC will survive the hard fork for next half year, I am going to make tattoo with my adress in QR Code and second with private key encrypted with my name in aes256 ;)
    It's perfect to have your money for "dark hour" directly on your body ;)
     
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  8. AceWallGromit

    AceWallGromit Regular Member

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    The same thing that will happen with Y2K...nothing.
     
  9. itz_styx

    itz_styx Power Member

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    i would wait with that once quantum computers are more developed, then aes256 might not be so good anymore hahaha
     
  10. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    I can send one for peanuts via Neteller, and don't have to worry if my balance has seriously decreased in value, been hacked or just magically disappeared, every morning I wake up.
     
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  11. vinku

    vinku Jr. VIP Jr. VIP

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    I remember the Y2K :D haha, I was watching TV with mother and waiting for world explosion but nothing happened except old clock got crazy ;)
     
  12. vinku

    vinku Jr. VIP Jr. VIP

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    for sure...we have 50 years for quantum computers, now they exist but they are working in different way, making computer to break aes256 is crazy thing like building elevator to the space ^^
     
  13. Ste Fishkin

    Ste Fishkin BANNED BANNED

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    Sending money (that might be worth nothing tomorrow or locked away by the wallet provider because they feel like it or stolen like mtgox) which has no buyer protection at all and cannot be spent in the real fuck world is stupid.

    I'd rather pay the $80.
     
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  14. vinku

    vinku Jr. VIP Jr. VIP

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    The course fluctuation is seriously the problem but it's going to stabilize in some time ;) according to wallet providers, you don't need to use them, I've made a mistake with coinbase but offline wallets are independent.
     
  15. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    My personal opinion is that scammers will eventually bring this over hyped shit crashing down. Yeah there is big money to be made, but also big money to be lost. Not just losing money via a bad trade, but untraceable theft.
     
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  16. Ste Fishkin

    Ste Fishkin BANNED BANNED

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    Bitcoin has never been stable unless you go back to when 1btc = nothing before the ex stock market pumpers and dumpers took an interest in it and began to market it.

    Who decided bitcoin would fork?
     
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  17. Ste Fishkin

    Ste Fishkin BANNED BANNED

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    We have a currency system that has worked for 1000's of years, why have hipsters decided to ruin it with QR codes and fancy words.
     
  18. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    And skinny Jeans.
     
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  19. vinku

    vinku Jr. VIP Jr. VIP

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    I don't think scammers will take it down, even if Coinbase would scam customers ;) The real problem comes with goverments. They can make agreement with central banks to stop any bitcoin transfers (blacklist exchange companies and their bank accounts). This would kill bitcoin if goverments are ready to close it and fight with ANY exchange company.
    This requires international agreements and cooperation with internet providers. However, how when Japan invested in BTC and now it's legal currency with 200 000 ATMs and accepted in stores?
     
  20. Ste Fishkin

    Ste Fishkin BANNED BANNED

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    I saw a guy in Southport town center this weekend holding 3 bitcoins while smoking a pipe.
     
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