• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Official Cryptocurrency Thread (2 Viewers)

pikachu975

Premium Member
Joined
May 31, 2015
Messages
2,739
Location
NSW
Gender
Male
HSC
2017
Yeah the introduction of futures for bitcoin makes for an interesting few weeks.
It's just skyrocketing due to the media but it's one of the worst cryptocurrency right now since it takes long to send and has such large fees. It's the blockchain that was behind it that is the main part of it and most people see bitcoin as an investment due to the media rather than a currency.
 

HoldingOn

Active Member
Joined
Dec 18, 2016
Messages
318
Location
The Cosmos
Gender
Male
HSC
2018
It's just skyrocketing due to the media but it's one of the worst cryptocurrency right now since it takes long to send and has such large fees. It's the blockchain that was behind it that is the main part of it and most people see bitcoin as an investment due to the media rather than a currency.
Yeah but as large investors short futures the price will tank
 
Last edited:

JT145

ON is my homeboy
Joined
Mar 4, 2012
Messages
1,678
Gender
Female
HSC
2016
"we're going to the moon"- ON 2017
 

obliviousninja

(╯°□°)╯━︵ ┻━┻ - - - -
Joined
Apr 7, 2012
Messages
6,624
Location
Sydney Girls
Gender
Female
HSC
2013
Uni Grad
2017
I got off BTC December 12 when it was 23k. Felt like shit for a week, lol. Feeling better now lol.

Keeping ETH for now, but probs not too much longer.
Bought back into BTC today. I suspect the re-correction is over.
 

Graney

Horse liberty
Joined
Jul 17, 2007
Messages
4,434
Location
Bereie
Gender
Male
HSC
2005
Uses of bitcoin:

* The world’s slowest and most expensive payment system
* Store of value that loses 30% of it’s value in a day, and $40 usd (and rising) every time you touch it
* Hoping a bigger idiot will pay more than you for it one day

...
 

Fizzy_Cyst

Owner @ Sigma Science + Phys Goat
Joined
Jan 14, 2011
Messages
1,212
Location
Parramatta, NSW
Gender
Male
HSC
2001
Uni Grad
2005
Uses of bitcoin:

* The world’s slowest and most expensive payment system
* Store of value that loses 30% of it’s value in a day, and $40 usd (and rising) every time you touch it
* Hoping a bigger idiot will pay more than you for it one day

...
Just salty you didn’t get on it back in January :tongue:

bitcoin is the new pokemon cards
Along with selling hotdogs to an overweight American father at every event he attended, Rayquaza put my kids through college.
 
Last edited:

Users Who Are Viewing This Thread (Users: 0, Guests: 2)

Top