Wazua
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Bitcoin: Does it have a future ?
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Mukiri wrote:Horton wrote:Stiffler wrote:Spikes wrote:Swenani wrote:Mukiri wrote:[quote=karasinga] 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 Let me leave this here https://www.businessdail...html-rxcrr3z/index.html[/quote] Love for quick cash will finish people be it pyramid schemes, quail eggs, sports betting, drug mulling socialites. going to Saudi Arabia... Whereas GOK should not dictate where people "invest" their money. it should put in place measures to protect the public profiteers. In other words nobody should purport to be a cryptos professional or take other people's money to "invest" in cryptos. Sadly, our toothless government takes no action as Kenyans are being led to the slaughter by global thugs. Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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sparkly wrote:obiero wrote:Mukiri wrote:Horton wrote:Stiffler wrote:Spikes wrote:Swenani wrote:Mukiri wrote:[quote=karasinga] 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 Let me leave this here https://www.businessdail...html-rxcrr3z/index.html[/quote] Love for quick cash will finish people be it pyramid schemes, quail eggs, sports betting, drug mulling socialites. going to Saudi Arabia... Whereas GOK should not dictate where people "invest" their money. it should put in place measures to protect the public profiteers. In other words nobody should purport to be a cryptos professional or take other people's money to "invest" in cryptos. Sadly, our toothless government takes no action as Kenyans are being led to the slaughter by global thugs. I'm not supporting your school of thought but your last line has made my morning. You're humorous my bro.  John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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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 If Obiero did it, Who Am I?
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Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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sparkly wrote:Let me leave this here https://www.businessdail...html-rxcrr3z/index.html[/quote] Love for quick cash will finish people be it pyramid schemes, quail eggs, sports betting, drug mulling socialites. going to Saudi Arabia... Whereas GOK should not dictate where people "invest" their money. it should put in place measures to protect the public profiteers. In other words nobody should purport to be a cryptos professional or take other people's money to "invest" in cryptos. Sadly, our toothless government takes no action as Kenyans are being led to the slaughter by global thugs. You have 70 years on average on this earth so why not have some excitement. Have some risk capital set aside 5-10% of your portfolio throw it into new ventures technologies. Put some in the South sea bubble, give it to charity, throw parties for your pals. As Keynes used to say "in the long run we are all dead". If the monk at CBK and his committee of retirees called the MPC cared they would make the NSE more exciting. I'm sure after the south sea bubble there was a person who said the govt should not allow people to speculate on shares of joint stock companies.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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wukan wrote:sparkly wrote:Let me leave this here https://www.businessdail...html-rxcrr3z/index.html[/quote] Love for quick cash will finish people be it pyramid schemes, quail eggs, sports betting, drug mulling socialites. going to Saudi Arabia... Whereas GOK should not dictate where people "invest" their money. it should put in place measures to protect the public profiteers. In other words nobody should purport to be a cryptos professional or take other people's money to "invest" in cryptos. Sadly, our toothless government takes no action as Kenyans are being led to the slaughter by global thugs. You have 70 years on average on this earth so why not have some excitement. Have some risk capital set aside 5-10% of your portfolio throw it into new ventures technologies. Put some in the South sea bubble, give it to charity, throw parties for your pals. As Keynes used to say "in the long run we are all dead". If the monk at CBK and his committee of retirees called the MPC cared they would make the NSE more exciting. I'm sure after the south sea bubble there was a person who said the govt should not allow people to speculate on shares of joint stock companies. Regulation is a power of government, donated to the government by civilized societies. That said, call me risk averse but I cannot put my money in a sector or product that is not regulated. As it is, crypto trading is not subject to a code of conduct and there is no legal recourse if the crypo promoter, trader, broker,advisor or exchange goes rogue. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,240 Location: nairobi
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sparkly wrote:obiero 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 Let me leave this here https://www.businessdail...html-rxcrr3z/index.html
Love for quick cash will finish people be it pyramid schemes, quail eggs, sports betting, drug mulling socialites. going to Saudi Arabia... Whereas GOK should not dictate where people "invest" their money. it should put in place measures to protect the public profiteers. In other words nobody should purport to be a cryptos professional or take other people's money to "invest" in cryptos. Sadly, our toothless government takes no action as Kenyans are being led to the slaughter by global thugs. This may not end well
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Rank: Member Joined: 5/27/2016 Posts: 274 Location: Pub
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Quote:Let me leave this here https://www.businessdail...html-rxcrr3z/index.html[/quote] Love for quick cash will finish people be it pyramid schemes, quail eggs, sports betting, drug mulling socialites. going to Saudi Arabia... Whereas GOK should not dictate where people "invest" their money. it should put in place measures to protect the public profiteers. In other words nobody should purport to be a cryptos professional or take other people's money to "invest" in cryptos. Sadly, our toothless government takes no action as Kenyans are being led to the slaughter by global thugs. Banks hate crypto, and they hate it badly... its a fact. People all over are moving loads of cash from banks to crypto. This is an itch in the *ss for banks. The best test for a crypto bubble is when the banks finally accept the movement and join it, When that day arrives ensure youfully cashed out. The examples are all over: In Australia, the other day top 4 banks are banning accounts of major crypto exchanges. In Dec there were rumours of KCB banning some accounts collecting deposits for cryptos, i wonder why the the story went chini ya maji. A pal over christmas in the US told me how he got a call from BOA (Bank of America) questioning his standing orders and threatening to freeze his account, because he normally wires monthly salary to crypto. Crypto ATMs in Hongkong stopped working. Visa punished Wavecrest licence the other day, as withdrawals increased in this bull... some credits cards are Kapput!! time to order new cards. I expect Kenyan banks to be harsh as we move on. Blockchain is the future, decentralized is the future hate it or love it. The technology will change and improve our country. Some will end up screwed, but the most will benefit and make so much. I still wonder why guys are rigid with the stock market, yet they have a first hand experience and better knowledge of shares & owning companies. Instead of focusing on bitcoins and waiting it to rise, you just need to invest in a blockchain technology companies i.e Orchid which is bound to change internet anonymity in countries that monitor sites, internet etc using blockchain technology. Its is more less the same as buying safaricom shares. I work so I can afford the amount of alcohol required to continue going to work
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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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?
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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wukan wrote:sparkly wrote:Let me leave this here https://www.businessdail...html-rxcrr3z/index.html[/quote] Love for quick cash will finish people be it pyramid schemes, quail eggs, sports betting, drug mulling socialites. going to Saudi Arabia... Whereas GOK should not dictate where people "invest" their money. it should put in place measures to protect the public profiteers. In other words nobody should purport to be a cryptos professional or take other people's money to "invest" in cryptos. Sadly, our toothless government takes no action as Kenyans are being led to the slaughter by global thugs. You have 70 years on average on this earth so why not have some excitement. Have some risk capital set aside 5-10% of your portfolio throw it into new ventures technologies. Put some in the South sea bubble, give it to charity, throw parties for your pals. As Keynes used to say "in the long run we are all dead". If the monk at CBK and his committee of retirees called the MPC cared they would make the NSE more exciting. I'm sure after the south sea bubble there was a person who said the govt should not allow people to speculate on shares of joint stock companies. In a recent survey apparently the majority of crypto traders are retirees. 40+. Crypto is the new midlife crisis. Where the lambo and bevvy is not out of grasp
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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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? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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