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Kenya Should Ban Bitcoins As Well

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Candlesticks		#11 Posted : Monday, February 17, 2014 8:45:45 AM
Rank: New-farer Joined: 12/16/2013 Posts: 49 Location: Nairobi		What beats the most... is it a currency,,,,a security or a payment system. As a Payment system< PERFECT!! as a security and Currency major FLOP !! Read More Here http://themarkettrends.w...curity-a-payment-system/ "'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
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mnunuzi		#12 Posted : Monday, February 17, 2014 9:43:07 AM
Rank: New-farer Joined: 11/15/2013 Posts: 34		sparkly wrote: mnunuzi wrote: Bitcoin would kill our finance sector, it crashed 80% in seconds. from circa $600 to $108. Now imagine a client who had saved 100million in form of bitcoins, with no hedge... So why should it be banned in Kenya? I don't see how it kills our finance sector if it is not part of the finance sector. Maybe you work in a Bank and you are afraid of losing your job if BC goes mainstream. Its down 77% in two weeks (950-220). You don't see anything wrong with that? I don't work for any bank. There is an upside to financial regulation, otherwise it would be insane to have a substantial amount of your savings in Bitcoin. Scenario? "Monday your cousin from US is sending you $100,000 worth of Bitcoins, account for delays, two weeks later you finally manage to exchange your Bitcoins for real cash, then the banker shocks you with a $33,000 check", now magnify to billions, see where it would place us.
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reymarkperry		#13 Posted : Monday, May 12, 2014 12:51:53 PM
Rank: Hello Joined: 5/5/2014 Posts: 2		@Blythe1984: If you still can’t wrap your head around bitcoin, here is an infographic to help you understand its concept better: http://bitcoindaily.com/...ly-bitcoin-infographics/
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mnandii		#14 Posted : Monday, September 07, 2015 12:54:49 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		Hmnh! 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.
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hisah		#15 Posted : Monday, September 07, 2015 2:22:19 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		hisah wrote: mnunuzi wrote: http://www.zerohedge.com/news/2014-02-10/bitcoin-flash-crashes-drops-80-seconds Just had a look at the bitcoin 5yr chart. SMH... Many guys will be caught naked. Two upthrust in 2013 (Apr and Dec) indicate that the price will nosedive below 100 handle. It seems incredible right now, but this is coming! And it will be one mighty fall... Whoa! When I made this observation on BTC back in Feb 14 2014 the price was @423. Currently it's trading @241. I still maintain the observation that it will head towards 100. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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washiku		#16 Posted : Monday, September 07, 2015 5:08:39 PM
Rank: Chief Joined: 5/9/2007 Posts: 13,095		simonkabz wrote: sl8r wrote: Mpesa and bitcoin are pretty much VERY similar. The only difference is that Bitcoin is not and accepted as a currency, hence the fluctuations amongst other things. If was much easier to transact using bitcoin than it is using mpesa, then that is the death of Mpesa Bitcoin equivalent to mpesa? aiii Kabz, kumbe unakuanga huku? A needy child's education depends on you. Click here to assist
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murchr		#17 Posted : Monday, September 07, 2015 5:22:29 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		All bubbles burst. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Boris Boyka		#18 Posted : Monday, September 07, 2015 5:35:14 PM
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here		murchr wrote: All bubbles burst. Is Real estate a bubble? Has it burst? Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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murchr		#19 Posted : Tuesday, September 08, 2015 7:41:49 AM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Boris Boyka wrote: murchr wrote: All bubbles burst. Is Real estate a bubble? Has it burst? No "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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mic_mic		#20 Posted : Tuesday, September 08, 2015 7:04:30 PM
Rank: Member Joined: 12/30/2012 Posts: 545 Location: NBI		Letme (kindly) educate some of you who have no idea what they are talking about Soma, jierevushe 10 differences between Mpesa and Bitcoin https://pesaafrica.wordp...or-images-of-each-other/ BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
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