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Bitcoin: Does it have a future ?
Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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I don't trade in cryptocurrencies but watching from a distance. https://www.bloomberg.co...&utm_source=twitter
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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rwitre wrote: 12-month high clocked. BTC at $8800
Great way to start the coming week
Meanwhile....“Retail is still buying Bitcoin. Yale Endowment, moved into Bitcoin, Stanford Endowment, Moved into Bitcoin and Howard’s endowment has moved into Bitcoin. These are real names and real thoughtful investors.”...
Onward march continues.
Soon everyone will realise that Bitcoin is inevitable. Every investor, gambler, fund manager, sovereign bond, government, warlord, drug dealer, pirate, common Joe...they'll all want a piece. And there are only 21 million coins. Decentralized. Portable. Fungible. Non-repudiable. Scarce. Now trading at $13600 a piece.
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Rank: Member Joined: 4/15/2008 Posts: 238
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@rwitre without a doubt cyptos are here to stay but this dizzying amount, BITCOIN is probably out of range for the majority. The thing here for me is, How to build a good portfolio of cryptos Given that there are over 100 cryptos including BITPESA, Which ones are the affordable and promising cryptos in 2019? Do it today! Tomorrow is promise to no-one.
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Rank: Member Joined: 7/8/2013 Posts: 126
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Apart from localbitcoins, which is the other local platform that is reliable and I can buy other coins apart from bitcoin?
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Rank: Member Joined: 6/6/2016 Posts: 167 Location: Nairobi
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slight pull back from $14k mark but $15k is imminent. After that we should see all time high. Naysayers on this board (and they are many) will be in disbelief. Boarding is finished, gates are closed, the jet is on the runway. Awaiting final orders for takeoff. Using airline lingo that a one Obiero is very conversant with.. cough cough KQ
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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rwitre wrote:rwitre wrote: 12-month high clocked. BTC at $8800
Great way to start the coming week
Meanwhile....“Retail is still buying Bitcoin. Yale Endowment, moved into Bitcoin, Stanford Endowment, Moved into Bitcoin and Howard’s endowment has moved into Bitcoin. These are real names and real thoughtful investors.”...
Onward march continues.
Soon everyone will realise that Bitcoin is inevitable. Every investor, gambler, fund manager, sovereign bond, government, warlord, drug dealer, pirate, common Joe...they'll all want a piece. And there are only 21 million coins. Decentralized. Portable. Fungible. Non-repudiable. Scarce. Now trading at $13600 a piece. If you sit in on a poker game and don’t see a sucker, get up. You’re the sucker. Life is short. Live passionately.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Lightning growth continuesQuote:
Bitcoin (BTC) wallet Electrum will soon host support for the Lightning Network (LN), Russian cryptocurrency news outlet Forklog reported on Telegram July 5.
In a social media update, the publication said founder Thomas Voegtlin had revealed the upcoming release at the ongoing BIP001 conference in Odessa, Ukraine.
Electrum, one of the oldest bitcoin wallets on the market since 2011, said LN functionality would come as part of an impending major upgrade.
The most recent version of the wallet came earlier this week.
Electrum will be one of the first major wallets to bring LN to the mainstream, the technology itself still remaining in an experimental phase.
A so-called ‘off-chain’ scaling mechanism, Lightning allows users to send each other bitcoin almost instantaneously, paying hardly any transaction fee.
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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snifadog wrote:slight pull back from $14k mark but $15k is imminent. After that we should see all time high. Naysayers on this board (and they are many) will be in disbelief. Boarding is finished, gates are closed, the jet is on the runway. Awaiting final orders for takeoff. Using airline lingo that a one Obiero is very conversant with.. cough cough KQ Guys read that the price is $4k in January and never boarded. Now it's $11k and they are confused saying 'had i bought'. When we get to $50k+ it wouldn't matter if your bought at $8k or $11k. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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omhangla wrote:Apart from localbitcoins, which is the other local platform that is reliable and I can buy other coins apart from bitcoin? Considering liquidity (volumes) and security. LBC remains the best solution as it acts as escrow and the traders pick the payment options convenient for them. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius (co-founder and partner at Mobius Capital Partners)Quote:
Speaking in an interview on Bloomberg TV, Mobius, who has previously delivered critical statements on cryptocurrency, now said it was impossible to ignore.
“I’m not a buyer, but I realize it’s something we have to account for,” he summarized.
As a veteran of U.S. finance, Mobius remains broadly on the fence about crypto, a stance nonetheless noticeably more positive than that of figures such as Warren Buffett and JPMorgan Chase CEO, Jamie Dimon.
Nevertheless, Mobius repeated controversial arguments about bitcoin and other cryptocurrencies, notably their alleged role in illicit activity such as the drugs trade.
As Cointelegrpah reported, research continues to disprove such assumptions, data suggesting that cash remains bad actors’ medium of choice.
He further claimed that cryptocurrency required belief in order to function, something true of centralized fiat currency but not, for example, bitcoin, which runs on the certainty of a mathematical formula.
Minds are changing. Bitcoin is inevitable.Interview on Bloomberg Daybreak: Middle East.
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