The bitcoin madness will end soon. Imminent crash.

[X.Playa]

In 2010 this crypto currency was valued at $0.8 mere 80 cents. 7 years later just last month November it almost reached $8100 as of December 15 it reached $17,000. Its insane.

It will tumble down and crash and it would be the end of any crypto currency.

[AwRastaale]

Ninyo you don't even understand the bases of the fiat currency, do you think anyone would even consider your Bitcoin views?

Horta dollar-ka iyo Shilling-ka so baro and the foundations.

BTC and cryptocurrency are not about that alone. The technology, blockchains, is the driving force and the underlying factor that's giving its value.

It is going to replace the fiat currency same way fiat replaced metal-based currencies and the ancient times when people used shells and bones.

Central banks could hold bitcoin and ether for the first time in 2018, cryptocurrency CEO says

Central banks will begin holding bitcoin and Ethereum next year, Peter Smith, CEO of Blockchain said
Smith also said that central banks will begin to issue their own cryptocurrency

Dubai Sets Its Sights On Becoming The World's First Blockchain-Powered Government

Forbes: https://www.forbes.com/sites/suparnadut ... 4ea07a454b

Japan and blockchain tech are a match made in heaven

Blockchain is about a whole lot more than cryptocurrencies. But it was inevitable that digital tokens would dominate a discussion at Tech in Asia Tokyo 2017 on the impact that blockchain tech is having on Japan’s financial services industry.

It makes sense. While blockchain is seen to have significant potential applications across a wide variety of contexts – and not just within finance – bitcoin and other cryptocurrencies have been the most tangible encounter with the technology for most people.

And Japan is one country that has shown particular enthusiasm for this new paradigm. The government in Tokyo passed a law recognizing bitcoin as legal tender back in April; while just last week, regulators in the country endorsed 11 companies to operate cryptocurrency exchanges.

https://www.techinasia.com/japan-financ ... n-adoption

Please learn the basics and fiat currency has collapsed always throughout its existence whether we talk about the depressions, Zimbabwe economy, the Japanese crisis, the SL fiasco...

Please read a little and educate yourself.

I recommend The Ascent of Money by Niall Ferguson, which lists and details economic collapses throughout history thanks to fiat currency controlled by few Jewish families/banks.

Right now countries are racing to unlock and harness the powers of blockchain as a technology and innovation.

In terms of markets;

I would put Korea first, followed by Japan, the US, China...

Korea clocks the highest volume and market cap week after week smashing prices. They are the biggest buyers of Bitcoin. Their prices are higher than the global average. Their main exchange, Bithumb is a monster always in the top three, too often #1.

Let me give you current prices:

global average (US exchanges/Chinese):

Bitcoin Cash: $3,440.31

Bithumb (Korea), Bitcoin Cash: $4,368.13

Bitcoin (global): $16,625.00

Bithumb: $19,944.40

You have to know what you talking about than just make a vogue statement.


Ras Bitcoin, God bless Cryptocurrency and decentralised world

[X.Playa]

AwOromo basic economic 101 any bubble eventually will burst. I don't need all your copy and paste.

[Gaashaanle1000]

AwOromo basic economic 101 any bubble eventually will burst. I don't need all your copy and paste.

It will crash, but people are still rich today because of it.

Also I think we are entering a new era of electric currency and cryptocurrencies are the future. Bitcoin will move aside for another coin that will most likely eventually take over the financial sector. Until then you can still get rich from this bandwagon, it is not too late believe it or not.

Just have to be a little bit smarter now.

[Mustafee101]

Ever since Bitcoin cash entered Coinbase, Bitcoin cash seems to be sucking away some of the earnings away from Bitcoin! As usual the losers are the newbies.

[X.Playa]

AwOromo basic economic 101 any bubble eventually will burst. I don't need all your copy and paste.

It will crash, but people are still rich today because of it.

Also I think we are entering a new era of electric currency and cryptocurrencies are the future. Bitcoin will move aside for another coin that will most likely eventually take over the financial sector. Until then you can still get rich from this bandwagon, it is not too late believe it or not.

Just have to be a little bit smarter now.

Early buyers yes not all the people. Basic economics if you have winners you must have losers, So its not as exactly as you put it . The entire reasons we have these crypto currencies was to get rid of speculations and driving the price up and profiteering. The objective was a stable currency, where good and service can be exchanged and the currency itself be redeemed any time needed . Crypto lost it in all these , its nothing but a get rich quick scheme.

I know a one or two things about economics i did my Major on economics, i don't think i need your advice or Aw Oromos copy and paste and links. Economics, history and general intellectual knowledge is my bread and butter. My prediction is the bubble will burst and other crypto currencies value will rise. In economics investors are like vultures , vultures always descend on a carcass ( where they think they will make a kill and money easily) once they consume it or are scared off , they fly around , looking for another bonanza , they cant be looking for too long finally they will descend on another sector ( just like the vulture once tired of flying around has to land and rest somewhere) in crypto speculation they have to invest in their competitor like IOTA and such.

[X.Playa]

Ever since Bitcoin cash entered Coinbase, Bitcoin cash seems to be sucking away some of the earnings away from Bitcoin! As usual the losers are the newbies.

Bitcoin and Bitcoin Cash are the same group , they are complimentary not competitors , the later had to be created to speed up the transactions , any Bitcoin transactions takes 6 seconds while other banking or visa transactions does 10k in seconds . Nevertheless Bitcoin has a coin value of 17,000 while Bitcoin cash share is only 220, they are not competing at all.

[X.Playa]

Ninyo you don't even understand the bases of the fiat currency, do you think anyone would even consider your Bitcoin views?

Horta dollar-ka iyo Shilling-ka so baro and the foundations.

BTC and cryptocurrency are not about that alone. The technology, blockchains, is the driving force and the underlying factor that's giving its value.

It is going to replace the fiat currency same way fiat replaced metal-based currencies and the ancient times when people used shells and bones.

Central banks could hold bitcoin and ether for the first time in 2018, cryptocurrency CEO says

Central banks will begin holding bitcoin and Ethereum next year, Peter Smith, CEO of Blockchain said
Smith also said that central banks will begin to issue their own cryptocurrency

Dubai Sets Its Sights On Becoming The World's First Blockchain-Powered Government

Forbes: https://www.forbes.com/sites/suparnadut ... 4ea07a454b

Japan and blockchain tech are a match made in heaven

Blockchain is about a whole lot more than cryptocurrencies. But it was inevitable that digital tokens would dominate a discussion at Tech in Asia Tokyo 2017 on the impact that blockchain tech is having on Japan’s financial services industry.

It makes sense. While blockchain is seen to have significant potential applications across a wide variety of contexts – and not just within finance – bitcoin and other cryptocurrencies have been the most tangible encounter with the technology for most people.

And Japan is one country that has shown particular enthusiasm for this new paradigm. The government in Tokyo passed a law recognizing bitcoin as legal tender back in April; while just last week, regulators in the country endorsed 11 companies to operate cryptocurrency exchanges.

https://www.techinasia.com/japan-financ ... n-adoption

Please learn the basics and fiat currency has collapsed always throughout its existence whether we talk about the depressions, Zimbabwe economy, the Japanese crisis, the SL fiasco...

Please read a little and educate yourself.

I recommend The Ascent of Money by Niall Ferguson, which lists and details economic collapses throughout history thanks to fiat currency controlled by few Jewish families/banks.

Right now countries are racing to unlock and harness the powers of blockchain as a technology and innovation.

In terms of markets;

I would put Korea first, followed by Japan, the US, China...

Korea clocks the highest volume and market cap week after week smashing prices. They are the biggest buyers of Bitcoin. Their prices are higher than the global average. Their main exchange, Bithumb is a monster always in the top three, too often #1.

Let me give you current prices:

global average (US exchanges/Chinese):

Bitcoin Cash: $3,440.31

Bithumb (Korea), Bitcoin Cash: $4,368.13

Bitcoin (global): $16,625.00

Bithumb: $19,944.40

You have to know what you talking about than just make a vogue statement.


Ras Bitcoin, God bless Cryptocurrency and decentralised world

Aw Oromo when i replied to your amateurish post earlier i was going to work i just skimmed through it. I know you have zero substance , you as usual trying to challenge me, thats all , its a habit of yours if i pointed west you come running claiming Eldorado is in the east.

Never tire your small Oromo head with all these economic theories and literature. I have done the pre-digestions for dummies like you, i have been an economic student since 1998 when this very forum was created, back then you were probably an Oromo infant in some god forsaken dirty village in Ethiopia.

There are only two schools within capitalism system, the classical school of all classic economist from Adam Smith, Ricardo to john Maynard Keynes in the 1930s . The other school is the school of the rich and their paid agents , a reactionary school and economic thoughts paid for by the rich and the father of that school is Friedrich Hayek a voodoo priest , the last voodoo priest of that school was the Jew Milton.

That discourse is within capitalism , the father and the antithesis of that school is the prophet and the greatest political economist Karl Marx.

once you are well read enough to discuses both , then come and debate , don't give me a copy and paste links , i can straight out of the top of my head debate you without using any links ( unless asked) , because unlike you I don't pretend i have read the literature , i did my home work for 20 years and still read and learn more as i go. I can tell you how economic theories are used to run the world , but that is too complicated for a novice.

The entire coming 10 days iam off work cooking my two digirin for Christmas instead of the western Turkey, i have plenty of time to educate you if you are willing.

[AwRastaale]

You're clueless.

When you over come your fiat challenges, I will consider your crypto views.

Since 1988 you were busy with the imaginary book. If you were an economic student you would know the window of opportunity and long publish the said never coming book. It reminds me of the SL ictiraaf.

Crypto is a technology more than just BTC, ETH and LTC. The technology will usher in the new phase of humanity and their business ecosystem.

Economic crash has been part of humanity since the days of Adam and Eve not that a Buddhist worshipping pregnant statue believes those things.

I love beating down the kufaar.

[Basra-]

I have 1000 coins of bitcoin....how can I sell them?

[Basra-]

I have 1000 coins of bitcoin....how can I sell them?

[X.Playa]

You're clueless.

When you over come your fiat challenges, I will consider your crypto views.

Since 1988 you were busy with the imaginary book. If you were an economic student you would know the window of opportunity and long publish the said never coming book. It reminds me of the SL ictiraaf.

Crypto is a technology more than just BTC, ETH and LTC. The technology will usher in the new phase of humanity and their business ecosystem.

Economic crash has been part of humanity since the days of Adam and Eve not that a Buddhist worshipping pregnant statue believes those things.

I love beating down the kufaar.

Even if you were intellectually raped you still continue your clitoris rattling.

Give it up Aw Oromo stick to your photo shop career.

[Ben Dover]

I sincerely hope you motherfuckers are buying the dip. This is a normal correction, we have had an insane year.

If you were waiting for a market slowdown this is your chance.

[Basra-]

Intellectually raped huh? Hhmmmmm.....

[X.Playa]

Today alon it lost $7,000. Punk Aw Oromo always been an argumentative bitch act like Mrs know it all.