wazua Thu, Apr 2, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages<12345>
Kenya Should Ban Bitcoins As Well
Options
Previous Topic · Next Topic
mic_mic
#21 Posted : Tuesday, September 08, 2015 7:09:44 PM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
Please, before proclaiming bitcoins should be banned, go and do some research before rushing to wild claims.

Yes,bitcoins price may fall to $100, but that says nothing. It has fallen before, and went back again. Saying it will fall to $100, is saying nothing. Markets move in cycles, sometimes UP and sometimes DOWN. Bear, Bull. If you are smart, you will BUY when it dips in price because it is the most UNDER valued asset.

Bitcoin is a scarce digital asset that can be used as money/currency and is inseparable from its decentralized network - the blockchain. It is nothing like you have ever seen,so, I am not surprised many of you here do not understand it, or are out rightly confused.

BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
Back to top
BLOG
  |
T-Bag
#22 Posted : Thursday, December 14, 2017 2:32:42 PM
Rank: Member

Joined: 9/25/2008
Posts: 510
BTCUSD 17,000
I AM trust in GOD, I AM belief in THYSELF
Back to top
  |
Mukiri
#23 Posted : Thursday, December 14, 2017 5:23:11 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
hisah wrote:
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.

Hi Hisah. When new to stocks I was such a devotee of yours. Cracks began to show with ARM. The above was the nail in the coffin.

However, I do believe you to be a sharp mind, when unbiased. Will there be a 'bubble' burst? Yes. But I believe we have abit of time before we get there

Proverbs 19:21
Back to top
  |
whiteowl
#24 Posted : Friday, December 15, 2017 5:43:22 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
How do you ban a currency that's not controlled by any central bank?Laughing out loudly
Back to top
  |
Swenani
#25 Posted : Saturday, December 16, 2017 10:44:26 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
whiteowl wrote:
How do you ban a currency that's not controlled by any central bank?Laughing out loudly


BTC enthusiasts have failed to answer me one question. Is BTC;
1. a payment system like Mpesa, visa, etc
2. A currency like USD, KES,
3. Investment product like stocks
5. Property like land, gold etc?
6....
7...

What is BTC and why is the value of BTC skyrocketing this much?

If Obiero did it, Who Am I?
Back to top
WWW
  |
maka
#26 Posted : Saturday, December 16, 2017 11:24:45 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Swenani wrote:
whiteowl wrote:
How do you ban a currency that's not controlled by any central bank?Laughing out loudly


BTC enthusiasts have failed to answer me one question. Is BTC;
1. a payment system like Mpesa, visa, etc
2. A currency like USD, KES,
3. Investment product like stocks
5. Property like land, gold etc?
6....
7...

What is BTC and why is the value of BTC skyrocketing this much?



I dont know about BTC... What I do know about is Ripple and I have in the last few weeks studied extensively on it... when i brought it up on the other thread it was at 0.24 its currently at 0.75 it will hit 10 USD plus on the future... Its usage makes more use as compared to the others...

https://en.m.wikipedia.org/wiki/Ripple_(payment_protocol)


possunt quia posse videntur
Back to top
  |
maka
#27 Posted : Saturday, December 16, 2017 11:54:30 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Back to top
  |
Speculz
#28 Posted : Sunday, December 17, 2017 9:22:34 AM
Rank: Member

Joined: 5/6/2011
Posts: 391
Location: Nairobi
maka wrote:
https://www.google.com/amp/s/www.ripplecoinnews.com/ripple-xrp-price-predictions/amp


Are you buying? If yes, from iqoption?
"You can't have everything. Where would you put it?" - Stephen Wright
Back to top
  |
maka
#29 Posted : Sunday, December 17, 2017 12:05:25 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Speculz wrote:
maka wrote:
https://www.google.com/amp/s/www.ripplecoinnews.com/ripple-xrp-price-predictions/amp


Are you buying? If yes, from iqoption?


Yes...
possunt quia posse videntur
Back to top
  |
Mukiri
#30 Posted : Sunday, December 17, 2017 4:44:10 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Swenani wrote:
whiteowl wrote:
How do you ban a currency that's not controlled by any central bank?Laughing out loudly


BTC enthusiasts have failed to answer me one question. Is BTC;
1. a payment system like Mpesa, visa, etc
2. A currency like USD, KES,
3. Investment product like stocks
5. Property like land, gold etc?
6....
7...

What is BTC and why is the value of BTC skyrocketing this much?


Answers the way I see it

1. Eventually. With the advent of Atomic swaps, exchange of money will be peer to peer, bypassing the need for exchanges. Ask yourself, what is money? Your 100, 1000 shillings, what is it really? Its only an accounting system that says you have so many units of something that someone else does or doesn't have


2. Yes. Eventually it will be 'Money'. Just like cowrie shells were, once mass adoption takes place. Slow but sure we'll get there. Currently there are countries you can pay tax and fines in BTC, you can buy cars and other goods from Japan in BTC. Other goods and service providers also accept crypto.

3. Yes. We are currently here. Its all about acceptance and capital injection. The more the acceptance the higher the price becomes. Forces of demand and supply. When things settle down, status quo might or might not remain

4. Your number 4 has a problem, no?

5. Maybe, maybe not. BTC is very volatile. Today worth one thing, tomorrow another. As a store of value, you'd be taking quite the risk

Proverbs 19:21
Back to top
  |
5 Pages<12345>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.