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Bitcoin Explained in short story

February 12th, 2018, 9:55

Group of monkeys were living close to one village

One day a business man came to that village willing to buy all of those monkeys, he announced that he is paying a 100$ for each one of those monkeys

Villagers thought the business man is really CRAZY.. but they after few days everybody went out trying to capture those monkeys and they found that the business man
is really PAYING them.

After one week, the business man announced again that he needs more monkeys and willing to pay 200$ this time. damn it villagers couldn`t sleep they ALL went capturing
as much as possible from those monkeys.

After 1 month the business man announced that he is going to another village to tell them the same and will be back after 1 month to buy all the monkeys for a 1000$

and he will leave his ASSISTANT to take care of those monkeys which he bought from the villagers till he comes back from his short trip.

villagers found that there is NO MORE monkeys to capture, some people captured few and waiting for the business man to come back. then the story began here

the ASSISTANT SECRETLY sold those monkeys to the villagers again for 700$ so that they can sell it again later to the business man for 1000$.

some people sold their property/gold whatever they had to get into this good profiting Quick business.

after some time the business man did not show & the ASSISTANT disappeared also leaving the villagers with their monkeys

This is the Bitcoin short story where FEW people will get RICH and the other MOST will FALL (bankruptcy).

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how bad is the story guys?
:wink:

Re: Bitcoin Explained in short story

February 12th, 2018, 11:29

You're just mad you didn't buy in back when it was only $0.10/coin. I understand.

Back when it was $70/coin I joked with my wife that we should sell our house and invest the money all into Bitcoin. Had I done it, I'd have been able to cash out with tens of millions of dollars now.

Re: Bitcoin Explained in short story

February 12th, 2018, 13:15

+1 data-medics Absolutely I agree

I need a time machine. to get more for getting cheaper :lol:

Re: Bitcoin Explained in short story

February 12th, 2018, 20:02

hyuce wrote:+1 data-medics Absolutely I agree

I need a time machine. to get more for getting cheaper :lol:


Well if you have some extra bitcoins that you don't need just send them to me !

:D :D :D :D

Re: Bitcoin Explained in short story

February 13th, 2018, 3:33

Well, i never Gamble or Invest in something which doesn`t exist...
here i see a lot of Crazy people who invest in Mining PC`s (10,16 GPU`s) thousands of $$$$ and after sometime will Vanish (am talking about those here in my story)

Re: Bitcoin Explained in short story

February 13th, 2018, 18:09

einstein9 wrote:Well, i never Gamble or Invest in something which doesn`t exist...
here i see a lot of Crazy people who invest in Mining PC`s (10,16 GPU`s) thousands of $$$$ and after sometime will Vanish (am talking about those here in my story)


If people didn't place some value on their data ACE wouldn't be able to sell PC-3000 for $6000 - $10 000 and you wouldn't be able to charge $600 - $3000 to recover "data"... That same "data" is so abstract as a bitcoin. What makes bitcoin valuable is that people want them, desire to have them and they are "rare". Same as for the data that you recover. You can charge because people are willing to pay for that "data", same data that is valuable for them, same way as bitcoins are valuable to someone.

At the end of the day it doesn't have anything to do with your story, it's just a question of how valuable a thing is to someone.

Re: Bitcoin Explained in short story

May 16th, 2018, 17:01

I am a proud 100$ investor.

Re: Bitcoin Explained in short story

May 17th, 2018, 16:24

MasterHDD wrote:I am a proud 100$ investor.


Hope that you did invest your $100 when each Bitcoin costed $1 USD !!!

Re: Bitcoin Explained in short story

May 17th, 2018, 16:35

How to make money :

1.jpg


2.jpg


The sad thing is that people who do have luck with money tend to have bad luck with womans...

:roll: :roll: :roll:

Re: Bitcoin Explained in short story

May 17th, 2018, 16:43

If you were to sell 20 BTC at 17/12/2017 you would get ....

$399240 USD paying only .... $33.76 USD so you would get $399206,24 USD is profit without doing a single thing.

3.jpg


How many PC-3000 units should one buy with those BitCoins ?

:lol: :lol: :lol:

Re: Bitcoin Explained in short story

May 17th, 2018, 17:33

what a dramatic story if sold all of them.


Spildit wrote:How to make money :

1.jpg


2.jpg


The sad thing is that people who do have luck with money tend to have bad luck with womans...

:roll: :roll: :roll:

Re: Bitcoin Explained in short story

May 17th, 2018, 17:58

It's like the cat in the box.... Might be dead or alive ! You chose !

:lol: :lol: :lol:

Re: Bitcoin Explained in short story

May 17th, 2018, 19:21

I was talking bitcoin with a freind and he said he doesnt trust it, and better to work and invest in real estate.

I countered.. didn't you lose over 60% of yours when you got divorced??

Touché !

Re: Bitcoin Explained in short story

June 4th, 2018, 10:47

Get rekt, as the kids would say. That's actually pretty funny, HaQue. lol

Re: Bitcoin Explained in short story

July 3rd, 2018, 11:53

Does it make sense if I buy bitcoins now or not?

Re: Bitcoin Explained in short story

July 3rd, 2018, 13:32

Hayrell77 wrote:Does it make sense if I buy bitcoins now or not?


It would some days ago when the bitcoin price drop considerable ...

It would be way better to buy them when they costed less than $1 USD ....

If you buy now 2 things can happen, either in 10 years the prices will go way high and you will make some $$$ or the prices will drop and you will loose considerable $$$ ...

Re: Bitcoin Explained in short story

July 3rd, 2018, 21:30

There are over 1600 tokens\coins. Why would you limit yourself to bitcoin? One I have went 214% in 24hrs, so really the question is "Does it make sense if I buy crypto currency now or not?"
Of course the answer depends on if you have any funds you can spare, funds that if you lost them would not impact you negatively too much, if your country and tax laws etc permit you to do it. etc.. etc..
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