bitcoin and the forking..... lol ( say the title out loud)

in #bitcoin7 years ago

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Bitcoin and Ethereum are here to stay. Most people who are enthusiastic about
cryptocurrency appear to agree that Bitcoin and its newer rival Ethereum have staying
power.

Which means that when you invest/buy bitcoins or ether you are not going to lose your
money. those days of losing your money are well over. Back in 2009 to 2011 you could say
it was a punt to have bitcoins but not anymore.

So here is my prediction on the 1st of august debate.( you can all laugh later
if i get it wrong)

If you invest in bitcoin on the 1st of august, expect the ride of your life. The market
will rise and fall hugely. People are going to win big and they are going to lose big.
Only invest on the 1st of august if you have massive balls. I mean it, people are going
to invest at the wrong time and be on the losing part of the trade. Me personally I'm
only investing £100 if i win i win, if I lose then it's only £100

1-2 weeks after the 1st of aug we will then see what the battle damage is. If i am
brutally honest, i don't think there is going to be any lasting effects. we may see a
few miners leave and go and mine something else. But i can't see much else happening. to
many people have to much money tied up in bitcoin for it to fail now. Also if the
rothschild investment company is getting involved you know we are doing somthing right.

http://www.econotimes.com/Rothschild-Investment-Corporation-invests-in-bitcoin-via-Bitcoin-Investment-Trust-816275

Long term

A year from now, we are going to be laughing about this episode of "what's bitcoin going
to do next". don't worry to much about it, just follow the following rules and you will
be fine.

  1. buy bitcoins
  2. mine bitcoins ( cloud mining if you have to )
  3. spend those bitcoins

As mass adoption happens, the price of bitcoins will go up up and up. We are currently
talking about £3000 being the current ceiling in bitcoin. 5 - 10 years from now lets just say it's
going to be a lot higher then that.

remember people the above does not constitute financial advice. You should invest your money with
what your happy to invest with. I just like to think I know what i'm talking about. there will be people that
read this and tell me i'm talking out of my arse.......... well fair enough, that's there opinion on the subject.

looking forward to seeing what my comments look like.

Niall

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Thanks for sharing bro.
Bitcoin governance is filled with too much politics. When it was time for dash to scale up. It was really simple.

i think it's because bitcoin is designed not to be played with in the coding that so many issues are happening with it. my issue is with this new coding going into the mainframe of the code, will they slip in there the ability to increase money supply at a moments notice or will they make it so that certain miners have more control then others, only time will tell. there is a reason why rothschild investment company has got involved NOW. if the big boys are getting in then some big is going to happen.

You can bet the Rothschild number one goal is to bust the 21,000,000 BTC limit.

either that or they want control of the currency. Ripple was suppose to be the banking blockchain. But not enough people wanted it, they have to come where the action is.

Yeah, Ripple has had a nice run but in the end it's attached to the same central bank counterfeiters and corpo fascists that led to the creation of crypto in the first place. The point is to run away from them as fast as possible into BTC, the Original Gangsta crypto...

but only if bitcoin stay's the same as it was ment to be. ie an escape from fiat money

This post received a 2.3% upvote from @randowhale thanks to @niallsemple! For more information, click here!

Hey guys what do you think about this? do you think this is possible? is it a good option now that the fork is comming?

https://steemit.com/cryptocurrency/@jorgedr0id/double-of-your-bitcoins-cex-io-offers-bitcoin-split-service

Oh very good voted and followed