Wazua
»
Investor
»
Offshore
»
Bitcoin: Does it have a future ?
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
This will be the most active thread in Wazua history. You can take this to the bank. Cryptocurrency mania will render some threads that were once popular obsolete in months time. Watch this space. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
murchr wrote:Below 10K today, a hot knife on butter. Let it fall even further. We're seeking low entry unlike yule jamaa wa passive aggressive behaviour ananunua stock fulani 18.50/- akingoja soko imupane auze 12.50/- Typical grandiosity! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
CRYPTOCURRENCY CRASH SEES SUICIDE HOTLINE APPEAR ON REDDIT FORUM, AS BITCOIN PRICE CONTINUES SLIDE"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
.
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
 Hapa investor anahitaji roho ya chuma John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
Swenani wrote:Mukiri wrote:Swenani wrote:Mukiri wrote:Swenani wrote:Mukiri wrote:Horton wrote:Stiffler wrote:Spikes wrote:Swenani wrote:Mukiri wrote:karasinga wrote:feels like selling my all to buy this thing funny!  if the wave count is right we might see > 22k print and a break >14927 will confirm the new bullish trend. disclaimer Already made my transition. All stocks and monies held. I'm also in the process of selling a house I used to rent out. I completely understand you You remind me of Deci You can't compare Deci with cryptocurrency. ..Is like comparing darkness with light. Loll
This crypto manenos is gonna make alot of people broke. I'm with you on that @Horton. Just like conventional taxi drivers who got disrupted by Uber. A currency is only as good as its backing government is. If it goes the Mugabe route, then the fiat loses value. Imagine a currency backed by worldwide acceptance. No government. And there someone is hanging onto valueless shillings. People will go broke indeed! I know what crypto is doing to Stock market. Capital flight. Stock brokers iko shida unless they adapt. No more Chase bank manenos. You are your own bank! No more exorbitant fees and commissions to send money anywhere in the world Uko na jokes. Bitcoin is not and can never be a currency.Payment system....maybe....but the way people are behaving BTC is neither a currency or a payment system. It is a product like gold/land That is where you go wrong my fren! Blockchain is the DECENTRALIZED system and crypto, which includes Bitcoin is the currency. A currency is what two people agree it is. Let me give you a (gutter) example you can relate well with. Back when I was like you, I threw a party. Somebody left some slippers in my place. I wonder what that person wore home! I digress. Some damsel visited later and liked the slippers, and was willing to offer cat for them. Let as just say, at that point in time, those slippers became currency Donge? Blockchain is a TECHNOLOGY not a decentralized system while bitcoin is a fraud. In my view, block chain can be useful in property ownership and not as a currency Blockchain is NOT a currency. Bitcoin was a major milestone. Its both a decentralized system and currency. Mpesa goes through Safaricom servers and is based on fiat, Kshs. Now imagine an Mpesa platform peer-to-peer (no control) using Mpesa Shilling (For imagination purposes, replace the Mpesa Shilling with Kenya, as it is the readily acceptable currency locally) I'm convinced your are in bitcoins without knowing what exactly it is. 1.I didn't say block chain is a currency,I said it is a technology which can be useful in property ownership. 2.Mpesa is a payment system not a currency,bitcoin would have been a payment system too which is not-refer to my comment of depositing 10K in your mpesa or debit account and withdrawing 15K or 1K after 2weeks,that's what bitcoin is. 3.In a payment system,except from the applicable transaction charges,the value or your currency doesn't appreciate/depreciate with time unlike bitcoin 4.Mukiri is holding the coins as an asset,he has no intention of storing the value of his coins or using them to buy sugar and milk but he expects to make money from the coins when he sells,which makes bitcoin a speculative asset which can easily be categorized as a speculative bubble. Read my post again and try use your imagination. If it doesn't register how Bitcoin became a milestone by being both a decentralized system and currency, I suggest you watch a documentary called Magic money. If all else fails, stop wasting your time here I fully agree with your number 4, and have written about it here before. We are in a transitional phase. Just like the dot com bubble before its imminent crash. Read your bubble history, it will tell you that bubbles are not necessarily bad. They give rise to products that change the course of life. Rail road bubble, dot com bubble, now crypto-currency bubble et al Will it crash? YES! But we are far off from there. Make your money now. Keep taking profits. At the end of the day, when the dust settles, your Bitcoin will be used for sugar and milk. By the way wewe ni Mluhya ya wapi?
|
|
|
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
|
behold a potential reversal  It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
karasinga wrote:behold a potential reversal A close in East African Time is at GMT+3 For a layman's language when the day closes the other side of the world. ..you add 3hrs in our local time. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
obiero wrote:Angelica _ann wrote:Wondergirl wrote:Spikes wrote:Wondergirl wrote:Spikes wrote:obiero wrote:Horton wrote:Its like catching a falling knife Madness Wacha tutafute pesa when we come back to nse be prepared for hostile takeover of KQ...Hapa cryptocurrency kuna doh...just a dozen of Wazuans in cryptocurrency have the capability of acquiring Kenya's national airline, the Pride of Africa . @Spikes, Which broker are you using? I here some may not be very good. @Wondergirl the system is decentralized, you register at the exchange and deposit funds direct. The blockchain technology is a great threat to brokers who have been eating up our money. Some exchanges accept fiat currency others accept crypto coins...You must do due diligence first though. @Spikes, you are my due diligence  . Please advise. i want @ mukiri & @maka to be my due diligence @maka @mukiri @obiero would never be caught buying such crap @obiero There was a time I paid a price for not wanting to get my hands dirty. Made good profits though. Dunia being mviringo, I now find myself gladly undertaking KYM chores. As long as the motivation is sufficient
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
|
Spikes wrote:This will be the most active thread in Wazua history. You can take this to the bank.
Cryptocurrency mania will render some threads that were once popular obsolete in months time.
Watch this space. Are we looking at creating active threads or gaining wealth. Such a clown
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
karasinga wrote:behold a potential reversal  Thank you. Upside movement will ONLY mean a price correction for Bitcoin. ALTs like @Maka's XRP will suffer more, as money is diverted into Bitcoin. Other coins will only recover when the King is sated and stable. That will take abit of time
|
|
|
Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
|
Mukiri wrote:karasinga wrote:behold a potential reversal Thank you. Upside movement will ONLY mean a price correction for Bitcoin. ALTs like @Maka's XRP will suffer more, as money is diverted into Bitcoin. Other coins will only recover when the King is sated and stable. That will take abit of time This dependency of altcoins on the performance of Bitcoins isn't healthy. Now the things that claim to be better than bitcoin are tethered to same damn thing they wanna replace
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
Below $10000 and Looking down.
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
Stiffler wrote:Mukiri wrote:karasinga wrote:behold a potential reversal Thank you. Upside movement will ONLY mean a price correction for Bitcoin. ALTs like @Maka's XRP will suffer more, as money is diverted into Bitcoin. Other coins will only recover when the King is sated and stable. That will take abit of time This dependency of altcoins on the performance of Bitcoins isn't healthy. Now the things that claim to be better than bitcoin are tethered to same damn thing they wanna replace It is what it is.
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
Have a look at your fellow investors Quote:Bitconnect was a website that was heavily advertised throughout social media platforms such as: Facebook, Youtube, and Twitter. This website allowed people to put their money in a "Trading Robot", which supposedly was able to produce returns better than the average daytrader.
This trading robot at the beginning was making returns of "1% daily", which others advertised to their friends. Friends put their money into Bitconnect, under the impression that the bot would make them money, would convince others to join the bot.
Then when Bitconnect had around ~$3B USD worth of capital, their website suddenly shut down. They announced that they were shutting down their lending platform and any balances on the website would be refunded in a currency: "Bitconnect Tokens". Bitconnect Tokens were tied to the value of how the trading bot was doing. But since the trading bot had just been shut down/never existed, Bitconnect tokens effectively had 0 value. People started to realize this, they sold off their share, resulting in the value of Bitconnect Tokens dropping 90% in less than an hour. Many people lost everything they put on the website, causing mass selling of assets.
Worth noting that the "trading robot" never existed, and it was essentially a ponzi scheme.     If Obiero did it, Who Am I?
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
|
Swenani wrote:Have a look at your fellow investors Quote:Bitconnect was a website that was heavily advertised throughout social media platforms such as: Facebook, Youtube, and Twitter. This website allowed people to put their money in a "Trading Robot", which supposedly was able to produce returns better than the average daytrader.
This trading robot at the beginning was making returns of "1% daily", which others advertised to their friends. Friends put their money into Bitconnect, under the impression that the bot would make them money, would convince others to join the bot.
Then when Bitconnect had around ~$3B USD worth of capital, their website suddenly shut down. They announced that they were shutting down their lending platform and any balances on the website would be refunded in a currency: "Bitconnect Tokens". Bitconnect Tokens were tied to the value of how the trading bot was doing. But since the trading bot had just been shut down/never existed, Bitconnect tokens effectively had 0 value. People started to realize this, they sold off their share, resulting in the value of Bitconnect Tokens dropping 90% in less than an hour. Many people lost everything they put on the website, causing mass selling of assets.
Worth noting that the "trading robot" never existed, and it was essentially a ponzi scheme. The only difference between these jokers and the wazua bitcoin clown is that they are real loosers with actual cash invested in Bitcoin. I pray for them and their families
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
deleted If Obiero did it, Who Am I?
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
obiero wrote:Swenani wrote:Have a look at your fellow investors Quote:Bitconnect was a website that was heavily advertised throughout social media platforms such as: Facebook, Youtube, and Twitter. This website allowed people to put their money in a "Trading Robot", which supposedly was able to produce returns better than the average daytrader.
This trading robot at the beginning was making returns of "1% daily", which others advertised to their friends. Friends put their money into Bitconnect, under the impression that the bot would make them money, would convince others to join the bot.
Then when Bitconnect had around ~$3B USD worth of capital, their website suddenly shut down. They announced that they were shutting down their lending platform and any balances on the website would be refunded in a currency: "Bitconnect Tokens". Bitconnect Tokens were tied to the value of how the trading bot was doing. But since the trading bot had just been shut down/never existed, Bitconnect tokens effectively had 0 value. People started to realize this, they sold off their share, resulting in the value of Bitconnect Tokens dropping 90% in less than an hour. Many people lost everything they put on the website, causing mass selling of assets.
Worth noting that the "trading robot" never existed, and it was essentially a ponzi scheme. The only difference between these jokers and the wazua bitcoin clown is that they are real loosers with actual cash invested in Bitcoin. I pray for them and their families Bugger has spoken atleast. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
I always warn people on doing due diligence. Once you have mastered the skills necessary to separate wheat from chaff you can't complain . Cryptocurrency is here to stay. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
|
obiero wrote:Swenani wrote:Have a look at your fellow investors Quote:Bitconnect was a website that was heavily advertised throughout social media platforms such as: Facebook, Youtube, and Twitter. This website allowed people to put their money in a "Trading Robot", which supposedly was able to produce returns better than the average daytrader.
This trading robot at the beginning was making returns of "1% daily", which others advertised to their friends. Friends put their money into Bitconnect, under the impression that the bot would make them money, would convince others to join the bot.
Then when Bitconnect had around ~$3B USD worth of capital, their website suddenly shut down. They announced that they were shutting down their lending platform and any balances on the website would be refunded in a currency: "Bitconnect Tokens". Bitconnect Tokens were tied to the value of how the trading bot was doing. But since the trading bot had just been shut down/never existed, Bitconnect tokens effectively had 0 value. People started to realize this, they sold off their share, resulting in the value of Bitconnect Tokens dropping 90% in less than an hour. Many people lost everything they put on the website, causing mass selling of assets.
Worth noting that the "trading robot" never existed, and it was essentially a ponzi scheme. The only difference between these jokers and the wazua bitcoin clown is that they are real loosers with actual cash invested in Bitcoin. I pray for them and their families You really hate Cryptos ......
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
|
Stiffler wrote:obiero wrote:Swenani wrote:Have a look at your fellow investors Quote:Bitconnect was a website that was heavily advertised throughout social media platforms such as: Facebook, Youtube, and Twitter. This website allowed people to put their money in a "Trading Robot", which supposedly was able to produce returns better than the average daytrader.
This trading robot at the beginning was making returns of "1% daily", which others advertised to their friends. Friends put their money into Bitconnect, under the impression that the bot would make them money, would convince others to join the bot.
Then when Bitconnect had around ~$3B USD worth of capital, their website suddenly shut down. They announced that they were shutting down their lending platform and any balances on the website would be refunded in a currency: "Bitconnect Tokens". Bitconnect Tokens were tied to the value of how the trading bot was doing. But since the trading bot had just been shut down/never existed, Bitconnect tokens effectively had 0 value. People started to realize this, they sold off their share, resulting in the value of Bitconnect Tokens dropping 90% in less than an hour. Many people lost everything they put on the website, causing mass selling of assets.
Worth noting that the "trading robot" never existed, and it was essentially a ponzi scheme. The only difference between these jokers and the wazua bitcoin clown is that they are real loosers with actual cash invested in Bitcoin. I pray for them and their families You really hate Cryptos ...... I have no problem with Cryptocurrency but people who peddle it.. What product does it sell to earn a profit? People say that it's like gold or platinum but those have utility value.. These exchanges are frauds that have very little mainstream attention even in their place of origin
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Wazua
»
Investor
»
Offshore
»
Bitcoin: Does it have a future ?
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.
|