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  1. johnarb

    Rookie questions

    It went from $3000 to high $1500's but not $4K to $2K, yet. It's been hitting all time high almost everyday this week. I bought bitcoin when it was much lower but no way I would buy it at this price. [I still think it goes to $10K but not this soon or this fast] If you really want to own...
  2. johnarb

    Why Bitcoin Is Worthless: The Definitive Guide

    you mad, bro?
  3. johnarb

    Poll: When Will Bitcoin hit $2000?

    Wow, that's very nice of you, vanzandt. As it so happens, I've "taken" (in the form of recent spending) a sizable chunk of the original inve$tment. The wife and I are planning a vacation which will take care of the re$t. Just a comment on the "bubbles popping", this is true of all the inflated...
  4. johnarb

    Poll: When Will Bitcoin hit $2000?

    The problem is there's too much liquidity (guvinment printing of fiat currencies) and they are looking for places to "invest" in. They getting tired of the low returns of the bankrupt guvinment bonds worldwide. Now they found cryptos. Yup, could be just a start. Why not? Real estate and stock...
  5. johnarb

    Icy Ohhhhhhh

    https://www.smartre.io/presale ICO + real estate + accepts Credit Cards = speculationHeaven!
  6. johnarb

    When Will Bitcoin Hit $3,000?

    It's a bit jumpy right now. It was $4012 on gdax less than 5 minutes ago, but now below 4K again. Doesn't matter anyway as there's no poll for hitting $4000, only $5000 :banghead:
  7. johnarb

    When Will Bitcoin Hit $3,000?

    What would be so funny about it?
  8. johnarb

    When Will Bitcoin Hit $3,000?

    Time for a new POLL !!! We're above $3,440 per bitcoin on gdax! When will bitcoin hit $4000? :wtf:
  9. johnarb

    In case you guys missed it...

    bitcoin all time high tonight. sell the rumor, buy the news :finger:
  10. johnarb

    Lots of Trades

    There are no PDT rules on cryptos trading that I'm aware of at Poloniex or Bittrex so you can trade a hundred times round trips a day. Both sites have a maximum daily amount to withdraw unless you provide identity verification (KYC/AML). I just withdraw cryptos and never had to verify, and if...
  11. johnarb

    What causes price moves in cryptocurrencies?

    Pekelo, are you trading cryptos now? :D Some people just don't want to understand or learn and that's ok, the world still goes on and they can stay ignorant and keep saying scam, worthless, fanatics, etc.
  12. johnarb

    August 1 may cause a bitcoin crash

    A little bit of update, and I think a validation of the "the market is always right" even in cryptos. Bitcoin price has been going down the past couple of weeks (as measured in $ value) due to the risk of the bitcoin fork (actually, fork is going to happen but the risk of bitcoin splits is the...
  13. johnarb

    My Experience using Bitcoin for a Real Purchase

    We've been shopping at Whole Foods for over 7 years. It's a good place and you can find good deals on some items, but for most of the items, they are higher than other retailers and if they are exactly the same product we usually buy them at Costco or Sprouts or even Target. For meat, chicken...
  14. johnarb

    My Experience using Bitcoin for a Real Purchase

    The last 3 or 4 posts are basically saying the same thing, bitcoin as a currency is not better than a CC or cash. I'm not going to debate that, as I don't think it's worth arguing over and over. Bottom line is that bitcoin is a currency, and for some use cases, it's the only form of payment...
  15. johnarb

    August 1 may cause a bitcoin crash

    Risks of bitcoin fork(s). Google is your best bet. I'm not qualified to explain it.
  16. johnarb

    August 1 may cause a bitcoin crash

    It's possible. I hope not. Been holding for years, so will ride it out.
  17. johnarb

    My Experience using Bitcoin for a Real Purchase

    Nothing to see for you. Too hard to understand. Visa has complexities in the background that you don't care to know. I'm not a normal bitcoin user as I understand the background processing. Ignorance is nice and you're proud of it.
  18. johnarb

    My Experience using Bitcoin for a Real Purchase

    Why are we referencing "american education"? It appears I'm not clear and English is not my native language so I suppose the message is not coming across. Yes, that amount of bitcoin equals the $225 based on the exchange rate at the time and gyft doesn't charge any other fees. What was getting...
  19. johnarb

    My Experience using Bitcoin for a Real Purchase

    I think you misunderstood. I meant less than .1 bitcoin cost for $225 is insane!!! Not that it cost me $250. The exact transaction was 0.089509 bitcoin (bitcoin was higher than $2500 at the time). I was trying to suggest it should not have been instant as other transactions I make with...
  20. johnarb

    My Experience using Bitcoin for a Real Purchase

    It used to be many posts on a daily basis calling for a bursting of the tulip mania bubble called bitcoin. Bitcoin movement has been relatively quiet, $2500/bitcoin +- 100 the past couple of weeks. I decided to spend $225 worth of bitcoin on Whole Foods gift card at gyft . com to see how...
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