• Forums
  • Best Betting Sites
  • Sportsbook Promos
  • Best Sports Betting Apps
  • NFL Betting Forum
  • NBA Betting Forum
  • MLB Betting Forum
  • NHL Betting Forum
  • NCAAF Betting Forum
  • NCAAB Betting Forum
  • Soccer Betting Forum
  • Tennis Betting Forum
  • General Discussion
  • Help Forum
  • Guidelines
  • FAQ
  • Forum Updates
    Covers Logo
    Covers App
    Faster picks. Smarter bets.
    All in the NEW Covers App
    Download on the App Store Download on the Google Play Store
    • Sports
      • NFL
        • Back
        • NFL
        • NFL Home
        • Scores & Matchups
        • Prop Projections
        • NFL Picks
        • Weather
        • Injuries
      • NCAAF
        • Back
        • NCAAF
        • NCAAF Home
        • Scores & Matchups
        • Prop Projections
        • NCAAF Picks
        • Weather
        • Injuries
      • NBA
        • Back
        • NBA
        • NBA Home
        • Scores & Matchups
        • Prop Projections
        • NBA Picks
        • Injuries
      • NCAAB
        • Back
        • NCAAB
        • NCAAB Home
        • Scores & Matchups
        • NCAAB Picks
        • Injuries
      • MLB
        • Back
        • MLB
        • MLB Home
        • Scores & Matchups
        • Prop Projections
        • MLB Picks
        • Weather
        • Injuries
      • NHL
        • Back
        • NHL
        • NHL Home
        • Scores & Matchups
        • Prop Projections
        • NHL Picks
        • Injuries
      • Soccer
      • UFC
      • WNBA
        • Back
        • WNBA
        • WNBA Home
        • Scores & Matchups
        • WNBA Picks
        • Injuries
      • CFL
        • Back
        • CFL
        • CFL Home
        • Scores & Matchups
        • CFL Picks
      • Golf
        • Back
        • Golf
        • Golf Home
        • Golf Odds
        • Masters Odds
        • PGA Championship Odds
        • US Open Odds
        • British Open Odds
        • Ryder Cup Odds
        • Golf Picks
    • Odds
      • All Odds
      • NFL
      • NCAAF
      • NBA
      • NCAAB
      • MLB
      • NHL
      • Golf
      • Soccer Odds
        • Back
        • Soccer Odds
        • MLS Odds
        • Champions League Odds
        • Premier League Odds
      • UFC
      • WNBA
      • CFL
      • Election Odds
      • Futures
        • Back
        • Futures
        • NFL
        • NBA
        • MLB
        • NHL
        • NCAAB
        • NCAAF
      • Sports Odds History
    • Picks
      • All Picks
      • NFL
      • NBA
      • NHL
      • MLB
      • NCAAF
      • NCAAB
      • Golf
      • WNBA
      • CFL
      • User Picks
      • Team User Picks
      • Consensus Picks
        • Back
        • Consensus Picks
        • All Consensus Picks
        • NFL
        • NBA
        • NHL
        • MLB
        • NCAAF
        • NCAAB
        • CFL
        • WNBA
        • Consensus FAQ
        • Public Money
    • Prop Projections
      • NFL
      • NBA
      • MLB
      • NHL
    • Betting
      • US Betting Sites
      • Canada Betting Sites
      • Sportsbook Reviews
      • States
        • Back
        • States
        • US Legal Tracker
        • Revenue Tracker
        • Arizona
        • Arkansas
        • California
        • Colorado
        • Connecticut
        • DC
        • Florida
        • Georgia
        • Illinois
        • Indiana
        • Iowa
        • Kansas
        • Kentucky
        • Louisiana
        • Maine
        • Maryland
        • Massachusetts
        • Michigan
        • Mississippi
        • Missouri
        • Nevada
        • New Hampshire
        • New Jersey
        • New York
        • North Carolina
        • Ohio
        • Oregon
        • Pennsylvania
        • Tennessee
        • Texas
        • Vermont
        • Virginia
        • West Virginia
        • Wyoming
      • Provinces
        • Back
        • Provinces
        • Alberta
        • British Columbia
        • Manitoba
        • New Brunswick
        • Newfoundland and Labrador
        • Northwest Territories
        • Nova Scotia
        • Nunavut
        • Ontario
        • Prince Edward Island
        • Quebec (English)
        • Quebec (francais)
        • Saskatchewan
        • Yukon
      • By Sport
        • Back
        • By Sport
        • Baseball
        • Basketball
        • Boxing
        • College Football
        • F1
        • Football
        • Super Bowl
        • Golf
        • Hockey
        • Horse Racing
        • March Madness
        • Soccer
        • UFC
        • World Cup
      • Betting Apps
        • Back
        • Betting Apps
        • Best Sports Betting Apps USA
        • Ontario Sports Betting Apps
      • Rest of World
        • Back
        • Rest of World
        • UK Betting Offers
          • Back
          • UK Betting Offers
          • UK Betting Sites
          • bet365 Bonus Code UK
          • 888Sport Promo Code UK
          • William Hill Sign up Offer
          • Betway Sign up Offer
          • BetVictor Bonus Code UK
      • Betting Guides
        • Back
        • Betting Guides
        • All Guides
        • Glossary
        • Betting Calculators
          • Back
          • Betting Calculators
          • Odds Converter
          • Parlay Calculator
        • Futures Betting Guide
        • Moneyline Betting Guide
        • Over/Under Betting Guide
        • Parlay Betting Guide
        • Point Spread Betting Guide
        • Prop Betting Guide
        • Sports Betting Guides
          • Back
          • Sports Betting Guides
          • How To Bet On Sports Guide
          • NFL Betting Guide
          • NHL Betting Guide
          • NBA Betting Guide
          • MLB Betting Guide
          • NCAAB Betting Guide
          • NCAAF Betting Guide
          • Golf Betting Guide
          • Tennis Betting Guide
        • Teaser Betting Guide
      • Betting News
        • Back
        • Betting News
        • All News
        • Industry News
        • Podcasts
        • Covers Videos
        • Covers Writers
        • Offers & Boosts
    • Promos
      • Sportsbook Promos
      • Canada Sportsbook Promos
      • Bonuses By Sportsbook
        • Back
        • Bonuses By Sportsbook
        • bet365 Bonus Code
        • BET99 Promo Code
        • BetMGM Bonus Code
        • BetRivers Bonus Code
        • Caesars Sportsbook Promo
        • DraftKings Promo Code
        • Fanatics Sportsbook Promo
        • FanDuel Promo Code
        • Hard Rock Bet Promo Code
        • Sports Interaction Promo
        • Stake Promo Code
        • theScore Bet Promo Code
        • TonyBet Promo Code
      • Bonuses By Region
        • Back
        • Bonuses By Region
        • Arkansas Promos
        • Arizona Promos
        • Colorado Promos
        • Connecticut Promos
        • DC Promos
        • Illinois Promos
        • Indiana Promos
        • Iowa Promos
        • Kansas Promos
        • Kentucky Promos
        • Louisiana Promos
        • Maine Promos
        • Maryland Promos
        • Massachusetts Promos
        • Michigan Promos
        • Missouri Promos
        • New Jersey Promos
        • New York Promos
        • North Carolina Promos
        • Ohio Promos
        • Pennsylvania Promos
        • Tennessee Promos
        • Vermont Promos
        • Virginia Promos
        • West Virginia Promos
        • Wyoming Promos
    • Forum & Contests
      • All Forums
      • NFL Betting Forum
      • MLB Betting Forum
      • NCAAB Betting Forum
      • NCAAF Betting Forum
      • NBA Betting Forum
      • NHL Betting Forum
      • Soccer Betting Forum
      • Contests
        • Back
        • Contests
        • Contests Home
        • Streak Survivor
        • King of Covers
        • My Contests
    • Casino
      • Sweepstakes Casino
        • Back
        • Sweepstakes Casino
        • Sweepstakes Casino
        • Sweepstakes No-Deposit Bonuses
        • Sweepstakes Promos
          • Back
          • Sweepstakes Promos
          • Card Crush
          • Casino.click
          • Chanced Casino
          • Crown Coins Casino
          • FreeSpin Casino
          • LoneStar
          • McLuck
          • Mega Bonanza Casino
          • PlayFame
          • Pulsz
          • Stake.us
      • US Casinos
        • Back
        • US Casinos
        • US Online Casinos
        • US Online Casino Bonuses
        • Casino Promos
          • Back
          • Casino Promos
          • bet365 Casino Promo Code
          • BetRivers Casino Promo
          • Borgata Casino Bonus Code
          • Caesars Casino Bonus Code
          • DraftKings Casino Promo
          • Fanatics Casino Promo
          • FanDuel Casino Promo Code
          • Golden Nugget Casino Promo
          • Hard Rock Bet Casino Promo
          • Hollywood Casino Promo Code
      • Canada Casinos
        • Back
        • Canada Casinos
        • Canada Online Casinos
        • Provinces
          • Back
          • Provinces
          • Alberta Online Casino
          • BC Online Casino
          • Ontario Online Casinos
        • Casino Promos
          • Back
          • Casino Promos
          • BC.GAME Bonus Code
          • Cloudbet Promo Code
          • RainBet Promo Code
          • Roobet Promo Code
          • Shuffle Promo Code
          • Thrill Promo Code
    • Prediction Markets
      • Prediction Markets
      • Prediction Market Apps
      • Prediction Market Promos
      • Kalshi Promo Code
      • Kalshi Referral Code
      • Polymarket Promo Code
      • Polymarket Referral Code
      • DraftKings Predictions Promo Code
      • Novig Promo Code
      • ProphetX Promo Code
      • Underdog Promo Code
      • Betr Promo Code
      • OG Promo Code
      • Fanatics Markets Promo Code
      • Plus500 Promo Code
      • Gemini Predictions Promo Code
    • NFL Week 2
      NFL Week 2
      • NFL Odds
      • NFL Picks
      • NFL Moneyline Picks
      • NFL AI Predictions
      • NFL Underdogs
      • NFL Prediction Markets
      • NFL Betting Sites
    Covers Account
    Log in Create account
    Join free Log in
    All Forums | General Discussion

    Crypto currency in a death spiral..

    «First Previous 678 ... 101112 Next Last»
    Rostos
    I_Need_A_Detox
    Qwan61
    vanzack
    TheGoldenGoose
    ...
    Participants:
    Search model icon
    Views: 13837
    Posts: 287
    «First Previous 678 ... 101112 Next Last»
     
    Rostos
    Rostos
    Hall of Fame
    Participation Meter
    Joined: Feb, 2009
    Posts: 27785
    Posted: Feb. 23, 2018 - 10:12 PM ET #126

    Quote Originally Posted by I_Need_A_Detox:

    How do you invest in an ICO without BTC or ETH? I’ll wait for your answer.

    WHAT? Is that a serious question?

    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by I_Need_A_Detox:

    How do you invest in an ICO without BTC or ETH? I’ll wait for your answer.

    WHAT? Is that a serious question?

     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 23, 2018 - 10:16 PM ET #127

    Yeah, answer it. 
    Reply
    Quote Post
    0
    Report User
    Yeah, answer it. 
     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 23, 2018 - 10:21 PM ET #128

    Sad to watch you google it, only to find out that I’m right, after taking such a hard stance. You can walk out the back door of this discussion in shame. Thanks for participating. 

    Reply
    Quote Post
    0
    Report User
    Sad to watch you google it, only to find out that I’m right, after taking such a hard stance. You can walk out the back door of this discussion in shame. Thanks for participating. 

     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 23, 2018 - 10:37 PM ET #129

    Well, you could say something like NEO if you wanted to invest in an ICO being built of their platform. But then you’d have to explain how to go from fiat to NEO without using BTC or ETH. 

    It’s ok, it happens to the best of us. Next time just ask questions when the topic is a subject you’re clearly clueless on. 

    Reply
    Quote Post
    0
    Report User
    Well, you could say something like NEO if you wanted to invest in an ICO being built of their platform. But then you’d have to explain how to go from fiat to NEO without using BTC or ETH. 

    It’s ok, it happens to the best of us. Next time just ask questions when the topic is a subject you’re clearly clueless on. 

     
    Qwan61
    Qwan61
    Veteran
    Participation Meter
    Joined: Mar, 2016
    Posts: 1882
    Posted: Feb. 23, 2018 - 11:37 PM ET #130

    Quote Originally Posted by vanzack:

    QUOTE Originally Posted by I_Need_A_Detox: You need Bitcoin or Ethereum to buy other cryptos on 90% of the exchanges. I think NEO and Qtum might also be used on some Asian exchanges. All ICO’s take payments in ETH or BTC. BTC is the backbone of the crypto universe. When I explain this to friends, I call fiat currency A, bitcoin B, and all other crypto C. There are very few A to C linkages - but there is ALWAYS and A to B, and a B to C.

     

    To get to C then you must be selling B. This is what the data is telling you is going on and that is partly way BTC is under pressure.

     

    For the umpteenth millionth time, THE DATA SHOW(not my opinion) is that BTC market share is decreasing and should do

    so it is simply a dinosaur waiting for extinction.

     

    .

     

     

     

    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by vanzack:

    QUOTE Originally Posted by I_Need_A_Detox: You need Bitcoin or Ethereum to buy other cryptos on 90% of the exchanges. I think NEO and Qtum might also be used on some Asian exchanges. All ICO’s take payments in ETH or BTC. BTC is the backbone of the crypto universe. When I explain this to friends, I call fiat currency A, bitcoin B, and all other crypto C. There are very few A to C linkages - but there is ALWAYS and A to B, and a B to C.

     

    To get to C then you must be selling B. This is what the data is telling you is going on and that is partly way BTC is under pressure.

     

    For the umpteenth millionth time, THE DATA SHOW(not my opinion) is that BTC market share is decreasing and should do

    so it is simply a dinosaur waiting for extinction.

     

    .

     

     

     

     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 23, 2018 - 11:45 PM ET #131

    Feb 26, 2017 BTC dominance was 86.10% and the price of BTC was $1,146.40. 

    Feb 23, 2018 BTC dominance is 38.8% and the price of BTC is $10,556.50. 

    So what the hell are you talking about? 

    Reply
    Quote Post
    0
    Report User
    Feb 26, 2017 BTC dominance was 86.10% and the price of BTC was $1,146.40. 

    Feb 23, 2018 BTC dominance is 38.8% and the price of BTC is $10,556.50. 

    So what the hell are you talking about? 

     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 24, 2018 - 12:01 AM ET #132

    And BTC has been gaining some dominance back as of late. One could make the argument that because BTC dominance is so low, right now is a great time to invest in it. But as we have seen from the past year, just because BTC might lose dominance, that surely doesn’t mean that the price will drop, BTC is a bad investment, or that BTC is a “dinosaur”. 

    BTC is the king. ETH is making a little run at it but it’s still about $100 billion away. 
    Reply
    Quote Post
    0
    Report User
    And BTC has been gaining some dominance back as of late. One could make the argument that because BTC dominance is so low, right now is a great time to invest in it. But as we have seen from the past year, just because BTC might lose dominance, that surely doesn’t mean that the price will drop, BTC is a bad investment, or that BTC is a “dinosaur”. 

    BTC is the king. ETH is making a little run at it but it’s still about $100 billion away. 
     
    vanzack
    vanzack
    Legend
    Participation Meter
    Joined: Nov, 2001
    Posts: 60107
    Posted: Feb. 24, 2018 - 6:59 AM ET #133

    Quote Originally Posted by Rostos:

    QUOTE Originally Posted by I_Need_A_Detox: How do you invest in an ICO without BTC or ETH? I’ll wait for your answer. WHAT? Is that a serious question?

    This is the problem with Rostos.

    This is how he debates.  I learned this lesson years ago.

    He will never answer your question.

    Support your local animal shelter. I am on twitter.
    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by Rostos:

    QUOTE Originally Posted by I_Need_A_Detox: How do you invest in an ICO without BTC or ETH? I’ll wait for your answer. WHAT? Is that a serious question?

    This is the problem with Rostos.

    This is how he debates.  I learned this lesson years ago.

    He will never answer your question.

     
    Rostos
    Rostos
    Hall of Fame
    Participation Meter
    Joined: Feb, 2009
    Posts: 27785
    Posted: Feb. 24, 2018 - 8:21 AM ET #134

    Quote Originally Posted by I_Need_A_Detox:

    Yeah, answer it.

    Hang on. 

    That is my argument exactly. This has added to the imaginary value for Bitcoin due to the injection of funds for from the ICO's.

    Again, it is nothing more than a "because we say so".

     

    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by I_Need_A_Detox:

    Yeah, answer it.

    Hang on. 

    That is my argument exactly. This has added to the imaginary value for Bitcoin due to the injection of funds for from the ICO's.

    Again, it is nothing more than a "because we say so".

     

     
    vanzack
    vanzack
    Legend
    Participation Meter
    Joined: Nov, 2001
    Posts: 60107
    Posted: Feb. 24, 2018 - 8:33 AM ET #135

    Quote Originally Posted by Rostos:

    QUOTE Originally Posted by I_Need_A_Detox: Yeah, answer it. Hang on.  That is my argument exactly. This has added to the imaginary value for Bitcoin due to the injection of funds for from the ICO's. Again, it is nothing more than a "because we say so".

    You are funny Rostos.

    First you take this position:  "Bitcoin only has value if there is something I want that I HAVE TO USE IT"

    Then Detox points out that in order to buy ICO's and most Alt Coins - you need bitcoin - and you ignore your first position and say that in this case it adds "imaginary value to bitcoin due to having to spend for ICOs"

    Jeesh.  Ridiculous.

    Support your local animal shelter. I am on twitter.
    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by Rostos:

    QUOTE Originally Posted by I_Need_A_Detox: Yeah, answer it. Hang on.  That is my argument exactly. This has added to the imaginary value for Bitcoin due to the injection of funds for from the ICO's. Again, it is nothing more than a "because we say so".

    You are funny Rostos.

    First you take this position:  "Bitcoin only has value if there is something I want that I HAVE TO USE IT"

    Then Detox points out that in order to buy ICO's and most Alt Coins - you need bitcoin - and you ignore your first position and say that in this case it adds "imaginary value to bitcoin due to having to spend for ICOs"

    Jeesh.  Ridiculous.

     
    vanzack
    vanzack
    Legend
    Participation Meter
    Joined: Nov, 2001
    Posts: 60107
    Posted: Feb. 24, 2018 - 8:36 AM ET #136

    And you will never answer this question....

    What ICO can you buy without BTC or Eth? 

    Support your local animal shelter. I am on twitter.
    Reply
    Quote Post
    0
    Report User

    And you will never answer this question....

    What ICO can you buy without BTC or Eth? 

     
    TheGoldenGoose
    TheGoldenGoose
    Legend
    Participation Meter
    Joined: Jan, 2003
    Posts: 32362
    Posted: Feb. 24, 2018 - 12:07 PM ET #137

    Both van & Detox...

    Answer a couple of questions please for the Forum.

    van claims to have bought his first bitcoin at $30.  When did you sell it?  Obviously you have mined more and are still invested so what is now your total average holding investment cost at this exact time? 

    How about you Detox?  When did you first buy into bitcoin?  How much have you profited on sales?  How much are you currently holding and at what average? 

    Do you both plan to hold this forever or at what ceiling will you sell?






    ~~~~~ZOSO~~~~~
    Reply
    Quote Post
    0
    Report User
    Both van & Detox...

    Answer a couple of questions please for the Forum.

    van claims to have bought his first bitcoin at $30.  When did you sell it?  Obviously you have mined more and are still invested so what is now your total average holding investment cost at this exact time? 

    How about you Detox?  When did you first buy into bitcoin?  How much have you profited on sales?  How much are you currently holding and at what average? 

    Do you both plan to hold this forever or at what ceiling will you sell?






     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 24, 2018 - 12:22 PM ET #138

    I just started last November. Didn’t know anything about it. My friend made me buy Litecoin (around $80 I think) and Ripple (around $0.15 I think). In December Ripple went up to around $3.00 and Litecoin went up to $300. I sold them and have been researching and investing in other cryptos since. The market crashed and I have been adding a substantial amount of money ever since. 

    I’ve never owned bitcoin. But if I had to buy one and leave it in there I would buy bitcoins. 
    Reply
    Quote Post
    0
    Report User
    I just started last November. Didn’t know anything about it. My friend made me buy Litecoin (around $80 I think) and Ripple (around $0.15 I think). In December Ripple went up to around $3.00 and Litecoin went up to $300. I sold them and have been researching and investing in other cryptos since. The market crashed and I have been adding a substantial amount of money ever since. 

    I’ve never owned bitcoin. But if I had to buy one and leave it in there I would buy bitcoins. 
     
    vanzack
    vanzack
    Legend
    Participation Meter
    Joined: Nov, 2001
    Posts: 60107
    Posted: Feb. 24, 2018 - 12:22 PM ET #139

    Quote Originally Posted by TheGoldenGoose:

    Both van & Detox...Answer a couple of questions please for the Forum.van claims to have bought his first bitcoin at $30.  When did you sell it?  Obviously you have mined more and are still invested so what is now your total average holding investment cost at this exact time?  How about you Detox?  When did you first buy into bitcoin?  How much have you profited on sales?  How much are you currently holding and at what average?  Do you both plan to hold this forever or at what ceiling will you sell?

    Hey Goose - respectfully - I won't answer any of these questions because it really doesn't matter.  

    But if you go to this thread and notice the date, and just read the first post - that is the 30 price I was referring to....  https://www.covers.com/forum/ViewThread/101567609/bitcoins-for-gambling

    Support your local animal shelter. I am on twitter.
    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by TheGoldenGoose:

    Both van & Detox...Answer a couple of questions please for the Forum.van claims to have bought his first bitcoin at $30.  When did you sell it?  Obviously you have mined more and are still invested so what is now your total average holding investment cost at this exact time?  How about you Detox?  When did you first buy into bitcoin?  How much have you profited on sales?  How much are you currently holding and at what average?  Do you both plan to hold this forever or at what ceiling will you sell?

    Hey Goose - respectfully - I won't answer any of these questions because it really doesn't matter.  

    But if you go to this thread and notice the date, and just read the first post - that is the 30 price I was referring to....  https://www.covers.com/forum/ViewThread/101567609/bitcoins-for-gambling

     
    TheGoldenGoose
    TheGoldenGoose
    Legend
    Participation Meter
    Joined: Jan, 2003
    Posts: 32362
    Posted: Feb. 24, 2018 - 12:36 PM ET #140


    Fair enough both of you but what is the bitcoin EXIT STRATEGY?

    I think the Forum wants to know "Just how deep is this rabbit hole?"

    There has to be a ceiling in mind?  Does there not???

    Don't tell me year 2040.  Not believable. 

    ~~~~~ZOSO~~~~~
    Reply
    Quote Post
    0
    Report User

    Fair enough both of you but what is the bitcoin EXIT STRATEGY?

    I think the Forum wants to know "Just how deep is this rabbit hole?"

    There has to be a ceiling in mind?  Does there not???

    Don't tell me year 2040.  Not believable. 

     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 24, 2018 - 12:43 PM ET #141

    The overall market cap is currently around $430 billion. When it reaches $3-$5 trillion in the next couple of years I’ll consider getting out. 
    Reply
    Quote Post
    0
    Report User
    The overall market cap is currently around $430 billion. When it reaches $3-$5 trillion in the next couple of years I’ll consider getting out. 
     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 24, 2018 - 12:56 PM ET #142

    But the rabbit hole is very deep. I’d hate to sell when bitcoin is $75,000 and then watch it go to $500,000 so I’ll probably leave at least some money in for the foreseeable future. 

    A bitcoin can be broken down to .00000001. That is one Satoshi. As the price of bitcoin goes up people will become more familiar with Satoshis. 

    Reply
    Quote Post
    0
    Report User
    But the rabbit hole is very deep. I’d hate to sell when bitcoin is $75,000 and then watch it go to $500,000 so I’ll probably leave at least some money in for the foreseeable future. 

    A bitcoin can be broken down to .00000001. That is one Satoshi. As the price of bitcoin goes up people will become more familiar with Satoshis. 

     
    vanzack
    vanzack
    Legend
    Participation Meter
    Joined: Nov, 2001
    Posts: 60107
    Posted: Feb. 24, 2018 - 4:08 PM ET #143

    I will tell you what I tell everyone....  I am never selling.

    I will be spending, not selling.

    I believe in 10 years I will not want to convert back to Fiat.

    peace_5

    Support your local animal shelter. I am on twitter.
    Reply
    Quote Post
    0
    Report User

    I will tell you what I tell everyone....  I am never selling.

    I will be spending, not selling.

    I believe in 10 years I will not want to convert back to Fiat.

    peace_5

     
    Rostos
    Rostos
    Hall of Fame
    Participation Meter
    Joined: Feb, 2009
    Posts: 27785
    Posted: Feb. 24, 2018 - 7:57 PM ET #144

    Quote Originally Posted by vanzack:

    QUOTE Originally Posted by Rostos: QUOTE Originally Posted by I_Need_A_Detox: Yeah, answer it. Hang on.  That is my argument exactly. This has added to the imaginary value for Bitcoin due to the injection of funds for from the ICO's. Again, it is nothing more than a "because we say so". You are funny Rostos. First you take this position:  "Bitcoin only has value if there is something I want that I HAVE TO USE IT" Then Detox points out that in order to buy ICO's and most Alt Coins - you need bitcoin - and you ignore your first position and say that in this case it adds "imaginary value to bitcoin due to having to spend for ICOs" Jeesh.  Ridiculous.

    That is ONLY from an ICO perspective (PRIMARY MARKET)

    If i wanted to but any crypto do i have to go through Bitcoin?

    The answer is NO

    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by vanzack:

    QUOTE Originally Posted by Rostos: QUOTE Originally Posted by I_Need_A_Detox: Yeah, answer it. Hang on.  That is my argument exactly. This has added to the imaginary value for Bitcoin due to the injection of funds for from the ICO's. Again, it is nothing more than a "because we say so". You are funny Rostos. First you take this position:  "Bitcoin only has value if there is something I want that I HAVE TO USE IT" Then Detox points out that in order to buy ICO's and most Alt Coins - you need bitcoin - and you ignore your first position and say that in this case it adds "imaginary value to bitcoin due to having to spend for ICOs" Jeesh.  Ridiculous.

    That is ONLY from an ICO perspective (PRIMARY MARKET)

    If i wanted to but any crypto do i have to go through Bitcoin?

    The answer is NO

     
    Kaufee
    Kaufee
    Captain
    Participation Meter
    Joined: Nov, 2007
    Posts: 5012
    Posted: Feb. 24, 2018 - 8:56 PM ET #145

    Quote Originally Posted by Rostos:

    That is ONLY from an ICO perspective (PRIMARY MARKET)

    If i wanted to but any crypto do i have to go through Bitcoin?

    The answer is NO


    Actually, you need it (or ETH) to buy almost all other alt coins 
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by Rostos:

    That is ONLY from an ICO perspective (PRIMARY MARKET)

    If i wanted to but any crypto do i have to go through Bitcoin?

    The answer is NO


    Actually, you need it (or ETH) to buy almost all other alt coins 
     
    Kaufee
    Kaufee
    Captain
    Participation Meter
    Joined: Nov, 2007
    Posts: 5012
    Posted: Feb. 24, 2018 - 8:58 PM ET #146

    Quote Originally Posted by Rostos:

    That is ONLY from an ICO perspective (PRIMARY MARKET)

    If i wanted to but any crypto do i have to go through Bitcoin?

    The answer is NO


    The answer is YES
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by Rostos:

    That is ONLY from an ICO perspective (PRIMARY MARKET)

    If i wanted to but any crypto do i have to go through Bitcoin?

    The answer is NO


    The answer is YES
     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 24, 2018 - 11:34 PM ET #147

    You can’t claim to understand money if you haven’t read this. 

    Shelling Out: The Origins of Money 

    https://nakamotoinstitute.org/shelling-out/
    Reply
    Quote Post
    0
    Report User
    You can’t claim to understand money if you haven’t read this. 

    Shelling Out: The Origins of Money 

    https://nakamotoinstitute.org/shelling-out/
     
    Rostos
    Rostos
    Hall of Fame
    Participation Meter
    Joined: Feb, 2009
    Posts: 27785
    Posted: Feb. 24, 2018 - 11:42 PM ET #148

    Quote Originally Posted by Kaufee:

    QUOTE Originally Posted by Rostos: That is ONLY from an ICO perspective (PRIMARY MARKET) If i wanted to but any crypto do i have to go through Bitcoin? The answer is NO Actually, you need it (or ETH) to buy almost all other alt coins

    But you dont need Bitcoin

    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by Kaufee:

    QUOTE Originally Posted by Rostos: That is ONLY from an ICO perspective (PRIMARY MARKET) If i wanted to but any crypto do i have to go through Bitcoin? The answer is NO Actually, you need it (or ETH) to buy almost all other alt coins

    But you dont need Bitcoin

     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 24, 2018 - 11:47 PM ET #149

    So what? What’s your point? 
    Reply
    Quote Post
    0
    Report User
    So what? What’s your point? 
     
     
    I_Need_A_Detox
    I_Need_A_Detox
    Banned
    Participation Meter
    Joined: Feb, 2011
    Posts: 27139
    Posted: Feb. 24, 2018 - 11:59 PM ET #150

    Tell me the route you would take to buy DGB on Cryptopia without using BTC? 

    Reply
    Quote Post
    0
    Report User
    Tell me the route you would take to buy DGB on Cryptopia without using BTC? 

    All Forums | General Discussion
    «First Previous 678 ... 101112 Next Last»

    Hot Forums IconHot Forum Topics

    • 🤢🥴💩_ Fubah's risky baseball bets _🥶😲🥵 449,018 Covers arrow
    • PART DEUX 247 Covers arrow
    • Friday 09/18/2026 759 Covers arrow
    • The Three-Day Money Train 4,079 Covers arrow
    • 🏈🏈🏈 Fubah2's risky CFB bets 258,455 Covers arrow
    • Trump's legacy? 25,442 Covers arrow
    • NCAA FOOTBALL. 151 21,360 Covers arrow
    • Week 3 Money 6,063 Covers arrow
    • NCAA WEEK 3 ***Click here for GREATNESS*** 7,008 Covers arrow
    • We have picked a terrible time to have the stupidest president ever 29,073 Covers arrow

    Warning - External Link

    Report User

    Thank you for reporting
    This content is abusive or harmful
    This post is spam
    An error has occurred
    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Delete Post

    Are you sure you would like to remove this post?

    Remove Thread

    Are you sure you would like to remove this thread?

    Scan Results

    Login/Register

    Happy to have you join the conversation. To do so, please login or create an account.
    Accounts are free and easy to create.

    Search


    Loading…

    Loading…

    About Us
    Contact Us
    Careers
    Our Team
    Brand
    Testimonials
    Betting Guides
    Sportsbook Reviews
    Betting News
    Podcasts
    Responsible Gambling
    Betting Sites
    US Betting Sites
    Canada Betting Sites
    Canada Casinos
    Best Betting Apps
    Contests
    Streak Survivor
    King of Covers
    Ultimate Race
    Office Pools
    The Covers community has
    810,221
    lifetime members worldwide
    Join our community today
    Covers 30 Years Logo Established in 1995,
    Covers is the world
    leader in sports
    betting information.
    21+
    Gambling problem? Call 1-800-GAMBLER
    Help Privacy Terms of Service Cookies Sitemap Forum
    YouTube logo
    Facebook logo
    Twitter logo
    Instagram logo
    LinkedIn logo
    Google News logo
    Covers is verified safe by:
    Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo PCI DSS logo Logo
    Copyright © 1995 - 2026 CS Media Ltd. All Rights Reserved.
    If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.