Current Events > I don't get how crypto is the way of the future

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darkprince45 01/19/18 10:39:15 PM #1:	Like I get bitcoin, but there's just so many popping all the time it's just stupid. Like the way of the future is a currency that has a type of currency called doge coin? That would be like hey don't use your 100 dollar bill, I have this 100 with Steve buscemi on it. Buscemi bucks --- Cubs, Rockies, Grizzlies, Patriots. <cite>darkprince45 posted [p:894404222] in I don't ge... [t:76221375]...</cite> <quote>Like I get bitcoin, but there's just so many popping all the time it's just stupid. Like the way of the future is a currency that has a type of currency called doge coin? That would be like hey don't use your 100 dollar bill, I have this 100 with Steve buscemi on it. Buscemi bucks</quote> ... Copied to Clipboard!
ItsYourFault 01/19/18 10:40:51 PM #2:	id use Buscemi bucks <cite>ItsYourFault posted [p:894404317] in I don't ge... [t:76221375]...</cite> <quote>id use Buscemi bucks</quote> ... Copied to Clipboard!
MabusIncarnate 01/19/18 10:41:27 PM #3:	It essentially combines stock and currency. It's something you can use to buy stuff with, but it's value is like owning a stock as it goes up or down in value. --- Ten million dollars on a losing campaign Twenty million starving and writhing in pain <cite>MabusIncarnate posted [p:894404355] in I don't ge... [t:76221375]...</cite> <quote>It essentially combines stock and currency. It's something you can use to buy stuff with, but it's value is like owning a stock as it goes up or down in value.</quote> ... Copied to Clipboard!
chrono625 01/19/18 10:41:36 PM #4:	Cryptos future isn't as a currency, exactly. It's actually the block chain tech that has actual value. --- http://i.imgur.com/Rqk1DYV.gif - Super Bowl XXI/XXV/XLII/XLVI Champions - NY Giants Eli Manning SB tracker: 2/2 Superbowls 2/2 SBMVP's <cite>chrono625 posted [p:894404365] in I don't ge... [t:76221375]...</cite> <quote>Cryptos future isn't as a currency, exactly. It's actually the block chain tech that has actual value.</quote> ... Copied to Clipboard!
Kazi1212 01/19/18 10:44:38 PM #5:	Its a Ponzi scheme. The more people get other people to buy it, it increases in value, then those that got on the band wagon earlier sell it off leaving the late comers with the bag. Rinse repeat --- I don't know my gimmick <cite>Kazi1212 posted [p:894404520] in I don't ge... [t:76221375]...</cite> <quote>Its a Ponzi scheme. The more people get other people to buy it, it increases in value, then those that got on the band wagon earlier sell it off leaving the late comers with the bag. Rinse repeat</quote> ... Copied to Clipboard!
I Like Toast 01/19/18 10:47:11 PM #6:	it's not, transaction fees on bitcoin are significantly higher than with visa/amex/etc. As long as that is true, it will never be the future. It has other major issues as well, but right now it's market is illegal activities and using it as a ponzi scheme to make money by convincing others it has more value than it does. MabusIncarnate posted... It essentially combines stock and currency. it's like if you combined the worst parts of stocks and currency. the volatility of a risky stock with nothing to back it but someone's word in currency --- If you do things right, people won't be sure you've done anything at all <cite>I Like Toast posted [p:894404662] in I don't ge... [t:76221375]...</cite> <quote>it's not, transaction fees on bitcoin are significantly higher than with visa/amex/etc. As long as that is true, it will never be the future. It has other major issues as well, but right now it's market is illegal activities and using it as a ponzi scheme to make money by convincing others it has more value than it does. <cite>MabusIncarnate posted...</cite> <quote>It essentially combines stock and currency.</quote> it's like if you combined the worst parts of stocks and currency. the volatility of a risky stock with nothing to back it but someone's word in currency</quote> ... Copied to Clipboard!
FightingGames 01/19/18 10:52:34 PM #7:	again, people need to look beyond the outdated BTC to see the value of crypto transactions on the blockchain can currently achieve near instantaneous confirmation speed (1.7 seconds for RaiBlock) with no fees and greater scaling capacity than what credit cards can offer blockchain technology can also offer applications like secured online voting, decentralized stock exchange, distributed and shared computing, and VPN services --- https://my.mixtape.moe/xmsgxb.jpg <cite>FightingGames posted [p:894404973] in I don't ge... [t:76221375]...</cite> <quote>again, people need to look beyond the outdated BTC to see the value of crypto transactions on the blockchain can currently achieve near instantaneous confirmation speed (1.7 seconds for RaiBlock) with no fees and greater scaling capacity than what credit cards can offer blockchain technology can also offer applications like secured online voting, decentralized stock exchange, distributed and shared computing, and VPN services</quote> ... Copied to Clipboard!
Rob Cesternino 01/20/18 3:53:12 AM #8:	Kazi1212 posted... Its a Ponzi scheme. The more people get other people to buy it, it increases in value, then those that got on the band wagon earlier sell it off leaving the late comers with the bag. Rinse repeat Just like gold and silver, which are ponzi schemes as well. --- Stop asking me if I'm Jessica Simpson. Jewish girls Survivor is the greatest show EVER. are hawt <cite>Rob Cesternino posted [p:894415999] in I don't ge... [t:76221375]...</cite> <quote><cite>Kazi1212 posted...</cite> <quote>Its a Ponzi scheme. The more people get other people to buy it, it increases in value, then those that got on the band wagon earlier sell it off leaving the late comers with the bag. Rinse repeat</quote> Just like gold and silver, which are ponzi schemes as well.</quote> ... Copied to Clipboard!
Drasilor 01/20/18 4:02:01 AM #9:	Blockchain tech is the future....uneducated pleb. --- #mypresidentistrump <cite>Drasilor posted [p:894416199] in I don't ge... [t:76221375]...</cite> <quote>Blockchain tech is the future....uneducated pleb.</quote> ... Copied to Clipboard!
pres_madagascar 01/20/18 4:03:12 AM #10:	ItsYourFault posted... id use Buscemi bucks This. --- http://i.imgur.com/23CCcZB.jpg http://i.imgur.com/32mwCo1.jpg http://i.imgur.com/oqklqKC.jpg <cite>pres_madagascar posted [p:894416224] in I don't ge... [t:76221375]...</cite> <quote><cite>ItsYourFault posted...</cite> <quote>id use Buscemi bucks</quote> This.</quote> ... Copied to Clipboard!
OwlRammer 01/21/18 4:43:34 AM #11:	how do I mine for buscemi bucks --- http://i.imgur.com/ji9KF3f.jpg http://i.imgur.com/p3G1Hvd.png http://puu.sh/ovZuS/97325c05b3.jpg http://puu.sh/ovZB2/eeee237f49.jpg <cite>OwlRammer posted [p:894479734] in I don't ge... [t:76221375]...</cite> <quote>how do I mine for buscemi bucks</quote> ... Copied to Clipboard!
iClockwork 01/21/18 4:44:42 AM #12:	It isn't. --- Sometimes people come along and they want to change things. I am one of those people and I will assist in furthering our country for the better. - Xsquader <cite>iClockwork posted [p:894479762] in I don't ge... [t:76221375]...</cite> <quote>It isn't.</quote> ... Copied to Clipboard!
Muffinz0rz 01/22/18 11:56:51 AM #13:	BUSCEMl BUCKS --- Not removing this until Pat Benatar is in Super Smash Bros. (Started 8/31/2010) FantaCE Football Squad: ELIMINATED. <cite>Muffinz0rz posted [p:894562563] in I don't ge... [t:76221375]...</cite> <quote>BUSCEMl BUCKS</quote> ... Copied to Clipboard!
Muffinz0rz 01/23/18 10:07:54 PM #14:	Muffinz0rz posted... BUSCEMl BUCKS --- Not removing this until Pat Benatar is in Super Smash Bros. (Started 8/31/2010) FantaCE Football Squad: ELIMINATED. <cite>Muffinz0rz posted [p:894674075] in I don't ge... [t:76221375]...</cite> <quote><cite>Muffinz0rz posted...</cite> <quote>BUSCEMl BUCKS</quote></quote> ... Copied to Clipboard!
COVxy 01/23/18 10:10:57 PM #15:	chrono625 posted... It's actually the block chain tech that has actual value. But even that is kinda tentative. I mean, yeah, cool, here's this slightly more secure technology, but also here's all this overhead cost. Is it worth it? Would it be overcomplicated for the majority of applications, making it extremely niche? --- =E[(x-E[x])(y-E[y])] <cite>COVxy posted [p:894674262] in I don't ge... [t:76221375]...</cite> <quote><cite>chrono625 posted...</cite> <quote>It's actually the block chain tech that has actual value.</quote> But even that is kinda tentative. I mean, yeah, cool, here's this slightly more secure technology, but also here's all this overhead cost. Is it worth it? Would it be overcomplicated for the majority of applications, making it extremely niche?</quote> ... Copied to Clipboard!
Muffinz0rz 01/24/18 11:51:06 AM #16:	COVxy posted... chrono625 posted... It's actually the block chain tech that has actual value. But even that is kinda tentative. I mean, yeah, cool, here's this slightly more secure technology, but also here's all this overhead cost. Is it worth it? Would it be overcomplicated for the majority of applications, making it extremely niche? They double as space-heaters so you can turn off your heat in the winter! --- Not removing this until Pat Benatar is in Super Smash Bros. (Started 8/31/2010) FantaCE Football Squad: ELIMINATED. <cite>Muffinz0rz posted [p:894704608] in I don't ge... [t:76221375]...</cite> <quote><cite>COVxy posted...</cite> <quote><cite>chrono625 posted...</cite> <quote>It's actually the block chain tech that has actual value.</quote> But even that is kinda tentative. I mean, yeah, cool, here's this slightly more secure technology, but also here's all this overhead cost. Is it worth it? Would it be overcomplicated for the majority of applications, making it extremely niche?</quote> They double as space-heaters so you can turn off your heat in the winter!</quote> ... Copied to Clipboard!
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Current Events > I don't get how crypto is the way of the future (+) Yeah! (+)

Current Events > I don't get how crypto is the way of the future