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Bitcoin: Does it have a future ?
Fortits101
#1 Posted : Wednesday, August 28, 2019 8:28:27 PM
Rank: New-farer


Joined: 5/22/2019
Posts: 12
There have been a few Bitcoin mentions on some threads.

But, in my humble opinion, I think it deserves a dedicated thread.

Is there a future for this 'currency' or is it just a mirage offering a glimmer of hope for those in financial murk?

Governments could lose control of individual state economies and people could live outside conventional financial and taxation systems, Cryptocurrency Exchanges. Banks could shut. In a capitalist society where everything has a fixed price, the cost of resistance could be high: Bitcoin's Young Turks seem set on a collision course with some powerful people who have a lot to lose.

"These people – states and established financial institutions – will move against Bitcoin because Bitcoin strikes at the root of current power structures,
chiaroscuro
#2 Posted : Thursday, August 29, 2019 7:40:15 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,130
Location: Nairobi
Doombringer
#3 Posted : Thursday, December 12, 2019 9:56:58 PM
Rank: New-farer


Joined: 2/19/2019
Posts: 32
Location: France
Yeah, mate, it have. I think it will be one of cryptocurrencies but it will lose top-1 place in the future, as bitcoin has a lot of cons, so everyone cannot use it.
mnandii
#4 Posted : Friday, January 10, 2020 9:08:19 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,255
A scenario where Bitcoin falls below $6300 still exists. So beware.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#5 Posted : Tuesday, May 19, 2020 11:59:43 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,255
Be LONG Bitcoin.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#6 Posted : Thursday, May 21, 2020 9:21:21 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,255
mnandii wrote:
Be LONG Bitcoin.




Wave [ii] in BITCOIN likely over at 8948. Look UP. Targets are 11,900 to 13,700.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
ARAPCHARLEE
#7 Posted : Thursday, May 21, 2020 10:46:15 PM
Rank: New-farer


Joined: 4/28/2019
Posts: 79
Location: Talai
mnandii wrote:
mnandii wrote:
Be LONG Bitcoin.




Wave [ii] in BITCOIN likely over at 8948. Look UP. Targets are 11,900 to 13,700.


Mnandii.. Please also add here.. a lot of store iko hapa.. just to link

http://www.wazua.co.ke/f...3805&p=57#post880647
mnandii
#8 Posted : Friday, June 12, 2020 7:04:39 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,255


BITCOIN is at a crossroads.

If it crosses back up above $10,000 then it will have much further UP to go with initial target being $13,000.

If, however, it falls below $8600 then it will likely fall lower still.

My preferred count is bullish whereby we are about to start a long strong extended wave 3.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#9 Posted : Friday, June 12, 2020 7:07:52 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,255
ARAPCHARLEE wrote:
mnandii wrote:
[quote=mnandii]Be LONG Bitcoin.




Wave [ii] in BITCOIN likely over at 8948. Look UP. Targets are 11,900 to 13,700.


Mnandii.. Please also add here.. a lot of store iko hapa.. just to link

http://www.wazua.co.ke/f...805&p=57#post880647[/quote]


Ohh!

There are two different threads with same title?
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#10 Posted : Monday, October 05, 2020 6:51:12 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,255


Bitcoin likely to fall to $9160s soon.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
VituVingiSana
#11 Posted : Tuesday, October 06, 2020 6:00:58 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,250
Location: Nairobi
John McAfee, antivirus software pioneer, charged with tax evasion in US

https://www.theguardian....tter#Echobox=1601951860
"...millions earned promoting cryptocurrencies"
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Jon Jones
#12 Posted : Thursday, October 08, 2020 12:47:54 AM
Rank: Member


Joined: 9/11/2015
Posts: 183
Location: Thika
$10,200 is the line in the sand. If Bitcoin closes the week below that figure, expect things to get uglier in a hurry. Until then, I maintain a bullish bias.
Since men have learned to shoot without missing, I have learned to fly without perching
Jon Jones
#13 Posted : Tuesday, October 20, 2020 6:48:36 PM
Rank: Member


Joined: 9/11/2015
Posts: 183
Location: Thika
mnandii wrote:


Bitcoin likely to fall to $9160s soon.


Nilikwambia Elliott ni mkate Laughing out loudly Laughing out loudly Laughing out loudly

The easiest way to make money is to bet against you every time Laughing out loudly Laughing out loudly
Since men have learned to shoot without missing, I have learned to fly without perching
Jon Jones
#14 Posted : Tuesday, October 20, 2020 6:50:09 PM
Rank: Member


Joined: 9/11/2015
Posts: 183
Location: Thika
Jon Jones wrote:
$10,200 is the line in the sand. If Bitcoin closes the week below that figure, expect things to get uglier in a hurry. Until then, I maintain a bullish bias.



Bitcoin never fell below $10,200. Currently cruising at almost $12,000. Very nice ride.
Since men have learned to shoot without missing, I have learned to fly without perching
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