Bitcoin

Discussion in 'The Duck Hunters Forum' started by buck_master_2001, May 19, 2017.

  1. buck_master_2001

    buck_master_2001 Elite Refuge Member

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    I know we have some financial gurus on here. What's the deal with Bitcoin? A guy at work keeps talking about the money he's made on it. I see it's up over 300% in the past year. Soooooo what's the deal with this?
     
  2. 10GAGENUT

    10GAGENUT Elite Refuge Member Sponsor Flyway Manager

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  3. pintail2222

    pintail2222 Elite Refuge Member

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    I've never traded it but I look at it as a hedge like GLD and SLV for a portfolio.

    It trades as a "currency" - XBT - so you trade it as a pair against another currency. Most volume is against the USD.
     
  4. TheDuckSlayer

    TheDuckSlayer Elite Refuge Member

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    I don't go online to buy my sex slaves, drugs, and illegal guns (I like to sample before I buy) so I couldn't tell you the first thing about bitcoin, sorry.
     
  5. Flathead Fowler

    Flathead Fowler Senior Refuge Member

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    Made my first investment in 2013 and have never looked back. Blockchain technology will go down as one of the biggest inventions since the internet....
     
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  6. 10GAGENUT

    10GAGENUT Elite Refuge Member Sponsor Flyway Manager

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  7. bang you'r dead

    bang you'r dead Canada Forum Mod. Eh! Moderator Flyway Manager

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    When you look at the amount of people who are now using TOR, bitcoin, and the dark web, you realize how much of the internet is being used for illicit purposes. When done properly, you can be as anonymous as you like. Most people don't realize how much of the internet today is rooted in technology developed by the porn industry. In 1990 , the first e-commerce site was a porn site, way before ebay or paypal or anything else. Streaming video technology, webcams, BBS systems, faster routers and bandwidth are all porn invented technology. Bitcoin as well.
     
  8. seiowa

    seiowa Elite Refuge Member

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    Agree with these guys. I don't buy nearly enough Ukrainian teenagers or vials of chloroform to know much about bitcoins. I've known my connect long enough now he takes a personal check now anyway.
     
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  9. Ducker 4 Ever

    Ducker 4 Ever Elite Refuge Member

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  10. pintail2222

    pintail2222 Elite Refuge Member

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    But when given the USD from Iran in cold hard cash they jump at the chance!

    The Obama administration made two additional cash payments totaling $1.3 billion, after delivering $400 million to Iran by plane in January, to resolve a failed arms deal, administration officials told lawmakers Tuesday.

    https://www.google.com/amp/s/amp.cn...ran-cash-payments-congress-hearing/index.html

    Burn your filthy lucre!
     
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