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Nearly $2 billion has been wiped off bitcoin's value in three days all because of a fork
CNBC ^ | Friday, March 17, 2017 | Arjun Kharpal

Posted on 03/18/2017 2:08:03 PM PDT by Jyotishi

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To: Mr. Jeeves; Strac6

“But this is exactly what happens when you accept Federal Reserve Notes in payment for goods or services. :)”

And yet I’ve never yet been screwed a single time using this stuff for currency, other than slow inflation.


41 posted on 03/18/2017 10:55:20 PM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: catnipman

But you lost about 10% of your value almost instantly, for no external reasos, as shown in the core article
this thread.

Why even play in such an arena?


42 posted on 03/19/2017 12:27:06 AM PDT by Strac6 ("We sleep safe in our beds only because rough men stand ready to visit violence on the enemy.")
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To: Vaquero

When I lived in Switzerland we used to love to watch Alf on tv in English. Then, a year or so ago, I was walking out of a medical plaza in Hollywood, and the man next to me spoke. THAT VOICE COULD ONLY HAVE BEEN THE VOICE OF THE OLD MAN WHO LIVED WITH ALF. Yep, it was him. Such a funny blast from the past.


43 posted on 03/19/2017 12:39:59 AM PDT by Yaelle
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To: BlueDragon

On any one of the exchanges. Coinbase will do that as part of their merchant programs.


44 posted on 03/19/2017 4:50:05 AM PDT by Vermont Lt (Brace. Brace. Brace. Heads down. Do not look up.)
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To: fella

A solar emp would only take out half of the earth. You would have to take out the entire world to shut it down.

An argument could be made that ANY currency is useless then. Except for maybe silver which could be used to build motors to get us going again.


45 posted on 03/19/2017 4:53:06 AM PDT by Vermont Lt (Brace. Brace. Brace. Heads down. Do not look up.)
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To: Nifster

You do not know what you are talking about.


46 posted on 03/19/2017 4:54:17 AM PDT by Vermont Lt (Brace. Brace. Brace. Heads down. Do not look up.)
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To: Paladin2

True but walking around with a drum in your pants isn’t comfortable. ;-)


47 posted on 03/19/2017 5:02:07 AM PDT by mad_as_he$$
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To: metmom
I have no idea what gives it its value.

It is backed by the same element that backs the US dollar. Gullibility. At least the US Dollar is lying on the furniture of empire. How many aircraft carriers do the supporters of bitcoin have. As with all of the madnesses of crowds, the nimble will do well.

48 posted on 03/19/2017 5:27:24 AM PDT by Stentor (A day without illegals is like a day without food poisoning.--Salamander)
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To: Dilbert San Diego

It’s Greek to me!


49 posted on 03/19/2017 5:52:49 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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