Bitcoin and Crypto

@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

They all do but they don’t like to advertise it ?

EFTPOS no work ?
 
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

Thats why I use my Crypto to earn me worthless fiat currency, I then trade my worthless fiat currency for a Pie
 
@hobbo1 said in [Bitcoin](/post/1276548) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

They all do but they don’t like to advertise it ?

EFTPOS no work ?

Cash is king. Tax man can flog off
 
@Aesopian said in [Bitcoin](/post/1276560) said:
@hobbo1 said in [Bitcoin](/post/1276548) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

They all do but they don’t like to advertise it ?

EFTPOS no work ?

Cash is king. Tax man can flog off

100%

Cash is more prevalent than its ever been
I’ll even haggle the dentist for a cash deal ?
 
@hobbo1 said in [Bitcoin](/post/1276565) said:
@Aesopian said in [Bitcoin](/post/1276560) said:
@hobbo1 said in [Bitcoin](/post/1276548) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

They all do but they don’t like to advertise it ?

EFTPOS no work ?

Cash is king. Tax man can flog off

100%

Cash is more prevalent than its ever been
I’ll even haggle the dentist for a cash deal ?

If your card declines after he is done , your whole set of munchers r being taken out ??
 
@TheDaBoss said in [Bitcoin](/post/1276566) said:
@hobbo1 said in [Bitcoin](/post/1276565) said:
@Aesopian said in [Bitcoin](/post/1276560) said:
@hobbo1 said in [Bitcoin](/post/1276548) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

They all do but they don’t like to advertise it ?

EFTPOS no work ?

Cash is king. Tax man can flog off

100%

Cash is more prevalent than its ever been
I’ll even haggle the dentist for a cash deal ?

If your card declines after he is done , your whole set of munchers r being taken out ??

Mate he’s just a Tradie that puts his hands down your throat ?
 
@Hangonaminute said in [Bitcoin](/post/1276550) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

Thats why I use my Crypto to earn me worthless fiat currency, I then trade my worthless fiat currency for a Pie

If you're buying a pie with it, it's not worthless.
 
@Cultured_Bogan said in [Bitcoin](/post/1276571) said:
@Hangonaminute said in [Bitcoin](/post/1276550) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

Thats why I use my Crypto to earn me worthless fiat currency, I then trade my worthless fiat currency for a Pie

If you're buying a pie with it, it's not worthless.

It's loses value over time and there's an unlimited supply of it, absolutely it's worthless, that's why I spend it instead of save it
 
I don’t understand the attraction of a currency which has no realistic value? I suppose it’s like real estate in that sense.
 
@hobbo1 said in [Bitcoin](/post/1276565) said:
@Aesopian said in [Bitcoin](/post/1276560) said:
@hobbo1 said in [Bitcoin](/post/1276548) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

They all do but they don’t like to advertise it ?

EFTPOS no work ?

Cash is king. Tax man can flog off

100%

Cash is more prevalent than its ever been
I’ll even haggle the dentist for a cash deal ?

Yeah but offering half a denari ...do you throw in a bag of rocks for the stoning
 
@hobbo1 said in [Bitcoin](/post/1276568) said:
@TheDaBoss said in [Bitcoin](/post/1276566) said:
@hobbo1 said in [Bitcoin](/post/1276565) said:
@Aesopian said in [Bitcoin](/post/1276560) said:
@hobbo1 said in [Bitcoin](/post/1276548) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

They all do but they don’t like to advertise it ?

EFTPOS no work ?

Cash is king. Tax man can flog off

100%

Cash is more prevalent than its ever been
I’ll even haggle the dentist for a cash deal ?

If your card declines after he is done , your whole set of munchers r being taken out ??

Mate he’s just a Tradie that puts his hands down your throat ?

You sure your not a Proctologist then .....lololololololol
 
@Hangonaminute said in [Bitcoin](/post/1276851) said:
@Cultured_Bogan said in [Bitcoin](/post/1276571) said:
@Hangonaminute said in [Bitcoin](/post/1276550) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

Thats why I use my Crypto to earn me worthless fiat currency, I then trade my worthless fiat currency for a Pie

If you're buying a pie with it, it's not worthless.

It's loses value over time and there's an unlimited supply of it, absolutely it's worthless, that's why I spend it instead of save it

If it's worthless you can't buy anything with it. That's the very definition of worthless. Worth nothing.
 
@Cultured_Bogan said in [Bitcoin](/post/1276932) said:
@Hangonaminute said in [Bitcoin](/post/1276851) said:
@Cultured_Bogan said in [Bitcoin](/post/1276571) said:
@Hangonaminute said in [Bitcoin](/post/1276550) said:
@Cultured_Bogan said in [Bitcoin](/post/1276541) said:
@hobbo1 said in [Bitcoin](/post/1275093) said:
@TheDaBoss said in [Bitcoin](/post/1275091) said:
BITCONEEEEEEEEEECCCT

I’m yet to find a bakery that accepts Bitcoin .

It's hard enough finding a bakery in the mountains that accepts EFTPOS haha.

Thats why I use my Crypto to earn me worthless fiat currency, I then trade my worthless fiat currency for a Pie

If you're buying a pie with it, it's not worthless.

It's loses value over time and there's an unlimited supply of it, absolutely it's worthless, that's why I spend it instead of save it

If it's worthless you can't buy anything with it. That's the very definition of worthless. Worth nothing.

Priceless
 
@twentyforty said in [Bitcoin](/post/1276877) said:
I don’t understand the attraction of a currency which has no realistic value? I suppose it’s like real estate in that sense.

What do you mean by realistic value?
 
@Hangonaminute said in [Bitcoin](/post/1277155) said:
@twentyforty said in [Bitcoin](/post/1276877) said:
I don’t understand the attraction of a currency which has no realistic value? I suppose it’s like real estate in that sense.

What do you mean by realistic value?

Able to be readily traded for something of same value.
 
This crypto rally is very different from the 2017 rally (which was on the back of retail investors). This one is being led by institutions - hedge funds leading the way - along with high worth individuals such as Michael Saylor, Rauol Pal and others. We are even seeing some Sovereign investment from countries such as Turkey as they battle with a rapidly depreciating Fiat currency.

Crypto is here to stay and will become much easier to use when more Central Banks begin 'printing' their own digital currencies. This will provide 'on ramps' and 'off ramps' for cryptos such as Bitcoin and Ethereum. Whether we like it or not, we better get used to the idea.

My belief is that if you don't own any crypto yet, you perhaps should consider allocating a small portion of your liquid assets into it. There is still only a relatively small downside compared to an almost limitless upside. My choice is Bitcoin and Ethereum.
 
@twentyforty said in [Bitcoin](/post/1277176) said:
@Hangonaminute said in [Bitcoin](/post/1277155) said:
@twentyforty said in [Bitcoin](/post/1276877) said:
I don’t understand the attraction of a currency which has no realistic value? I suppose it’s like real estate in that sense.

What do you mean by realistic value?

Able to be readily traded for something of same value.

It is
 
@yeti said in [Bitcoin](/post/1277183) said:
This crypto rally is very different from the 2017 rally (which was on the back of retail investors). This one is being led by institutions - hedge funds leading the way - along with high worth individuals such as Michael Saylor, Rauol Pal and others. We are even seeing some Sovereign investment from countries such as Turkey as they battle with a rapidly depreciating Fiat currency.

Crypto is here to stay and will become much easier to use when more Central Banks begin 'printing' their own digital currencies. This will provide 'on ramps' and 'off ramps' for cryptos such as Bitcoin and Ethereum. Whether we like it or not, we better get used to the idea.

My belief is that if you don't own any crypto yet, you perhaps should consider allocating a small portion of your liquid assets into it. There is still only a relatively small downside compared to an almost limitless upside. My choice is Bitcoin and Ethereum.

Well it sounds like someone understands what's going on, you're absolutely right the corporate game theory has begun, big hedge fund firms have entered and others either follow or risk being at servere financial disadvantage or go out of business completely.

Banks as we know them are finished!!!
And most people have no idea about it
They either adopt Crypto and change the way they operate or become dinosaurs, it's been so mind blowing watching this play out just like people in the Crypto space said it would, back in 2014 when I first started learning about it.

People who don't follow what's happening in the Crypto world are going to be shocked to find out just how far and deep this technology will reach, the ones joking about not being able to buy a Pie with it (clearly demonstrate that they don't understand Crypto by even saying that) and are going to be left with Pie on their faces.
 
900 Bitcoin are mined everyday
Between Greyscale, PayPal and Square alone they're soaking up that supply.

In 3 years time the supply will be cut in half.

In 3 years time do you think Bitcoin will be more in demand or less?

What do you think happens to the most rarest asset on the planet and most purest and hardest from of money when it's supply gets cut in half and the demand doubles?

The FOMO is going to be spectacular
 
I understand your frustration when you are convinced of something and believe it would help so many people. However, one thing I have learned in my many years, is that the only thing you can do is inform and encourage and leave them to it. They will either look at it or not. That's all.
My son is right into crypto, but my daughter just doesn't want to know about it. That's ok. Its everyone's own personal journey.
Anyway, nice chatting with you. Keep up the good work!
 
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