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Bitcoin: Does it have a future ?
mamilli
#321 Posted : Monday, January 15, 2018 5:33:01 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Ryko wrote:
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.


Tell them bruh/sis,tell them.Quick cash or not this is one unstoppable,disruptive technology.Hii ni story ya 2009 bana,the current buzz is coz cryptos are about to go mainstream,when GOOGLE floats theirs,i can only imagine the stampede!.By end of feb,I'll plough in mita kaa moja,and take my cold wallet to cfcstanbic,then tukutane in 2022 inshallah.
Never lose your position in a bull market,BTFD.
obiero
#322 Posted : Monday, January 15, 2018 6:45:34 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,240
Location: nairobi
Mukiri wrote:
wukan wrote:
sparkly wrote:
obiero wrote:


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.smile smile

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 graspsmile

Lol

Spikes
#323 Posted : Monday, January 15, 2018 8:47:48 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mamilli wrote:
Ryko wrote:
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.


Tell them bruh/sis,tell them.Quick cash or not this is one unstoppable,disruptive technology.Hii ni story ya 2009 bana,the current buzz is coz cryptos are about to go mainstream,when GOOGLE floats theirs,i can only imagine the stampede!.By end of feb,I'll plough in mita kaa moja,and take my cold wallet to cfcstanbic,then tukutane in 2022 inshallah.


Unconfirmed sources have hinted that Facebook, Telegram and Twitter are about to explode their coins into the market....Plus Google you've mentioned above. ...Am sure some individuals will become dollar billionaires instantly. I agree with you a stampede will leave most naysayers naked as registering/signing up at the exchanges will take weeks even months for approval because of the backlog.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Spikes
#324 Posted : Tuesday, January 16, 2018 12:17:45 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Meltdown more powerful than before and it appears it'll take long for the coins to find a floor.

China crackdown on Bitcoin miners is the reason.

https://www.forbes.com
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Spikes
#325 Posted : Tuesday, January 16, 2018 12:34:16 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
South Korea's finance minister says talks are underway to consider a complete ban on bitcoin trading.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Spikes
#326 Posted : Tuesday, January 16, 2018 12:56:13 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
You can imagine the level of beta/volatility in unregulated market aka decentralized.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Mukiri
#327 Posted : Tuesday, January 16, 2018 3:35:11 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Planting time is neigh.. Start with fast rising coins, thereafter those that need encouragement and finally the late bloomers, before settling to coin of choice

Proverbs 19:21
maka
#328 Posted : Tuesday, January 16, 2018 3:41:18 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Mukiri wrote:
Planting time is neigh.. Start with fast rising coins, thereafter those that need encouragement and finally the late bloomers, before settling to coin of choice


Gosh all red today Laughing out loudly Laughing out loudly Laughing out loudly

Am in some chat room am just laughing made my afternoon...Laughing out loudly
possunt quia posse videntur
Mukiri
#329 Posted : Tuesday, January 16, 2018 3:55:24 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
maka wrote:
Mukiri wrote:
Planting time is neigh.. Start with fast rising coins, thereafter those that need encouragement and finally the late bloomers, before settling to coin of choice


Gosh all red today Laughing out loudly Laughing out loudly Laughing out loudly

Am in some chat room am just laughing made my afternoon...Laughing out loudly

Being a hodler, Im sure this doesn't faze you.

Since you want us to ask you which chatroom you are in...

Proverbs 19:21
Mukiri
#330 Posted : Tuesday, January 16, 2018 7:36:24 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
mamilli wrote:
@Mukiri,kindly check your gmail.

@Mamilli, Please check follow-up pare pare

Proverbs 19:21
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