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Bitcoin: Does it have a future ?
Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:BITCOIN: THE GREATEST BUBBLE OF ALL TIMEQuote:Whenever a brand-new technology emerges, it often attracts a lot of investor interest. We saw it with the internet in the late 1990s. We’re seeing it today with Bitcoin. Both have been described as bubbles. The internet survived, and thrived.
Will cryptocurrencies follow the same path? Read this free report to find out. Quote:As the bear market heats up, governments will attempt to get in on or simply overturn the cryptocurrency bandwagon. Russia and Venezuela have announced plans to issue cryptocurrencies, and the Bank of England is exploring setting up a sterling-based cryptocurrency. As EWI has discussed previously, governments are always the last to act on a financial trend; their involvement usually means the trend is near exhaustion if not past it. The reputed environmental impact of bitcoin mining will probably serve as another excuse for heavy-handed government involvement. 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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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Spikes wrote:Mukiri wrote:karasinga wrote:Spikes wrote:karasinga wrote:karasinga wrote:behold a potential reversal if not in, wait to open position during the pullback if in add positions during the pullback.. bulls are in town.Let me see if I can be a long term trader for the first time. disclaimer Please @Karasinga elaborate on the pullback. I want to eat this time round for every wave count. IMHO, I meant Something like this remember anything can happen. best wishes There is talk of a bull trap. To swim or not to swim, is the question? Do due diligence! Cedric, you really don't have to comment every post... I was addressing @Karasinga. I know its impossible to ask you not to trouble people every 5 minutes with your posts, but please avoid mine. Thank you
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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mnandii wrote:Quote:Whenever a brand-new technology emerges, it often attracts a lot of investor interest. We saw it with the internet in the late 1990s. We’re seeing it today with Bitcoin. Both have been described as bubbles. The internet survived, and thrived.
Will cryptocurrencies follow the same path? Read this free report to find out. However, of all the internet bubble companies, only Amazon survived...the rest are history. That was because Amazon was based on real consumer needs. How badly does the common man need a new currency where he can remain anonymous (allegedly). Bitcoin may survive, but will be used by drug dealers, african dictators etc exclusively. Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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KulaRaha wrote:mnandii wrote:Quote:Whenever a brand-new technology emerges, it often attracts a lot of investor interest. We saw it with the internet in the late 1990s. We’re seeing it today with Bitcoin. Both have been described as bubbles. The internet survived, and thrived.
Will cryptocurrencies follow the same path? Read this free report to find out. However, of all the internet bubble companies, only Amazon survived...the rest are history. That was because Amazon was based on real consumer needs. How badly does the common man need a new currency where he can remain anonymous (allegedly). Bitcoin may survive, but will be used by drug dealers, african dictators etc exclusively. Internet Company Versus Internet Technology. The technology thrived. 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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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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mnandii wrote:KulaRaha wrote:mnandii wrote:Quote:Whenever a brand-new technology emerges, it often attracts a lot of investor interest. We saw it with the internet in the late 1990s. We’re seeing it today with Bitcoin. Both have been described as bubbles. The internet survived, and thrived.
Will cryptocurrencies follow the same path? Read this free report to find out. However, of all the internet bubble companies, only Amazon survived...the rest are history. That was because Amazon was based on real consumer needs. How badly does the common man need a new currency where he can remain anonymous (allegedly). Bitcoin may survive, but will be used by drug dealers, african dictators etc exclusively. Internet Company Versus Internet Technology. The technology thrived. A very shady concept indeed.. What stops you or me from launching our own coin, we call it Kencoin and price it at USD 11,500. WITCHCRAFT HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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iris wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Spikes wrote:iris wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. If KQ is a crap stock then Bitcoin is the village mad man. Without any direction, one minute going towards the mountain and on another to the valley. Ishindwe na itokemee. Riswaa HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:iris wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. If KQ is a crap stock then Bitcoin is the village mad man. Without any direction, one minute going towards the mountain and on another to the valley. Ishindwe na itokemee. Riswaa John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Spikes wrote:obiero wrote:Spikes wrote:iris wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. If KQ is a crap stock then Bitcoin is the village mad man. Without any direction, one minute going towards the mountain and on another to the valley. Ishindwe na itokemee. Riswaa Let me leave this here https://www.businessdail...67626-wb9cfiz/index.html HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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mnandii wrote:KulaRaha wrote:mnandii wrote:Quote:Whenever a brand-new technology emerges, it often attracts a lot of investor interest. We saw it with the internet in the late 1990s. We’re seeing it today with Bitcoin. Both have been described as bubbles. The internet survived, and thrived.
Will cryptocurrencies follow the same path? Read this free report to find out. However, of all the internet bubble companies, only Amazon survived...the rest are history. That was because Amazon was based on real consumer needs. How badly does the common man need a new currency where he can remain anonymous (allegedly). Bitcoin may survive, but will be used by drug dealers, african dictators etc exclusively. Internet Company Versus Internet Technology. The technology thrived. Currencies have been thriving for centuries before bitcoin... Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. If KQ is a crap stock then Bitcoin is the village mad man. Without any direction, one minute going towards the mountain and on another to the valley. Ishindwe na itokemee. Riswaa Let me leave this here https://www.businessdail...7626-wb9cfiz/index.html[/quote] Even KQ skidded, in the worst days of its trading history, from all time high of kes 126 to kes 2.10 recently. If we factor in consolidation it is precisely a drop from grace of kes 126/- to grass of {2.10/4}=kes 0.525 John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. If KQ is a crap stock then Bitcoin is the village mad man. Without any direction, one minute going towards the mountain and on another to the valley. Ishindwe na itokemee. Riswaa Let me leave this here https://www.businessdail...7626-wb9cfiz/index.html[/quote] Even KQ skidded, in the worst days of its trading history, from all time high of kes 126 to kes 2.10 recently. If we factor in consolidation it is precisely a drop from grace of kes 126/- to grass of kes 0.525/- {2.10/4} Cheap drugs. Why would anyone divide the restructuring price of KQ by four yet it was already consolidated HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. If KQ is a crap stock then Bitcoin is the village mad man. Without any direction, one minute going towards the mountain and on another to the valley. Ishindwe na itokemee. Riswaa Let me leave this here https://www.businessdail...7626-wb9cfiz/index.html[/quote] Even KQ skidded, in the worst days of its trading history, from all time high of kes 126 to kes 2.10 recently. If we factor in consolidation it is precisely a drop from grace of kes 126/- to grass of kes 0.525/- {2.10/4} Cheap drugs. Why would anyone divide the restructuring price of KQ by four yet it was already consolidated It's as though four old shares traded for kes 2.10 giving rise to one share =kes 0.525 . Remember Open Offer has not yet take place. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. If KQ is a crap stock then Bitcoin is the village mad man. Without any direction, one minute going towards the mountain and on another to the valley. Ishindwe na itokemee. Riswaa Let me leave this here https://www.businessdail...7626-wb9cfiz/index.html[/quote] Even KQ skidded, in the worst days of its trading history, from all time high of kes 126 to kes 2.10 recently. If we factor in consolidation it is precisely a drop from grace of kes 126/- to grass of kes 0.525/- {2.10/4} Cheap drugs. Why would anyone divide the restructuring price of KQ by four yet it was already consolidated It's as though four old shares traded for kes 2.10 giving rise to one share =kes 0.525 . Remember Open Offer has not yet take place. You are in my prayers HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:How could it not, with such an excited Spikes? How many posts have you made on this page alone? Not to worry, it provides a break from KQ Absolutely! A great break from a crap/gorilla stock. If KQ is a crap stock then Bitcoin is the village mad man. Without any direction, one minute going towards the mountain and on another to the valley. Ishindwe na itokemee. Riswaa Let me leave this here https://www.businessdail...7626-wb9cfiz/index.html[/quote] Even KQ skidded, in the worst days of its trading history, from all time high of kes 126 to kes 2.10 recently. If we factor in consolidation it is precisely a drop from grace of kes 126/- to grass of {2.10/4}=kes 0.525 I can now conclude authoritatively that KQ registered lowest of all time low price of all stocks listed on nse. Here is a contradiction:even penny stocks like MSC and HARF have never recorded such low prices. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mnandii wrote:KulaRaha wrote:mnandii wrote:Quote:Whenever a brand-new technology emerges, it often attracts a lot of investor interest. We saw it with the internet in the late 1990s. We’re seeing it today with Bitcoin. Both have been described as bubbles. The internet survived, and thrived.
Will cryptocurrencies follow the same path? Read this free report to find out. However, of all the internet bubble companies, only Amazon survived...the rest are history. That was because Amazon was based on real consumer needs. How badly does the common man need a new currency where he can remain anonymous (allegedly). Bitcoin may survive, but will be used by drug dealers, african dictators etc exclusively. Internet Company Versus Internet Technology. The technology thrived. Do you know what the Internet is? Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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sparkly wrote:mnandii wrote:KulaRaha wrote:mnandii wrote:Quote:Whenever a brand-new technology emerges, it often attracts a lot of investor interest. We saw it with the internet in the late 1990s. We’re seeing it today with Bitcoin. Both have been described as bubbles. The internet survived, and thrived.
Will cryptocurrencies follow the same path? Read this free report to find out. However, of all the internet bubble companies, only Amazon survived...the rest are history. That was because Amazon was based on real consumer needs. How badly does the common man need a new currency where he can remain anonymous (allegedly). Bitcoin may survive, but will be used by drug dealers, african dictators etc exclusively. Internet Company Versus Internet Technology. The technology thrived. Do you know what the Internet is? Swala nyeti! It was called the "dotcom" bubble for a reason. The internet - just like blockchain is the technology. The dotcom companies (pet.com, Aol) died just like bitconnect and other cryptos will. "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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Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
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On a serious note though. These cryptos are really running hammock. At the rate they are comming up and ICOs left and right... Damn..! Tempted to put up mine own ICO/ Coin. For white paper, I will simply copy paste ...
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Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi
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Stiffler wrote:On a serious note though. These cryptos are really running hammock. At the rate they are comming up and ICOs left and right... Damn..! Tempted to put up mine own ICO/ Coin. For white paper, I will simply copy paste ...
Hammock? Good Lord in heaven...
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