Humpty Dumpty (Bitcoin) had a great fall
By vanny
@vandana7 (98826)
India
January 17, 2018 2:14pm CST
Humpty Dumpty sat on a wall
Humpty Dumpty had a great fall
All terrorists and drug mafia
Human traffickers and politicians
Could not put
Humpty dumpty where it belonged
Ha ha ...
Good news, Bitcoin prices have fallen drastically.
Bad news, there will be regulations for cryptocurrencies soon enough. Putin cried hoarse about it. May be he sold his bitcoins before they reached unprecedented height.
Whatever...Bitcoins are something to get familiar with, because soon our currencies and transactions may go on the blockchains.
What do you know about bitcoins and cryptocurrencies?
14 people like this
13 responses
@vandana7 (98826)
• India
18 Jan 18
I feel the technology that bitcoins have introduced is here to stay, for money markets, even though bitcoins are little better than the monopoly currency. We may soon have to use the technology to safeguard privacy relating to monetary transactions, and also to improve the speed of operations, apart from reducing red tape between the countries. That is future. For now, bitcoins are on their way to their birthplace I think.
2 people like this
@Lignitecityabishek96 (7110)
• Cuddalore, India
18 Jan 18
Better avoid investing in Bitcoins .
2 people like this
@snowy22315 (169937)
• United States
17 Jan 18
Alittle bit..I have a bit of bitcoin nothing to get excited about. The rise couldn't go on forever!
2 people like this
@vandana7 (98826)
• India
18 Jan 18
Volatility in these currencies is amazing. Expected but amazing. You never know who needs bitcoins for whatever purpose. In fact, many people buy bitcoins only because it is the more acceptable cryptocurrency so they could exchange it easily with any other cryptocurrency as and when needed. Therefore, bitcoins became popular as coins that can be used to store as well.
1 person likes this
@vandana7 (98826)
• India
18 Jan 18
I think its fall is a good thing because other currencies were losing their sheen. That said, it has made currency managers aware that there are better ways to manage currencies. So expect the regular currencies to adopt the bitcoin ways, i.e., cryptography sooner or later.
2 people like this
@Danielclark691 (1066)
•
17 Jan 18
When it comes to Cryptocurrency loads of people have an opinion, but nobody actually knows EVERYTHING. These 'investors' trying to get other people involved are simply in the currency deep and are wishing to drive the price higher. Speculation with no tangible asset. It is a disaster waiting to happen. The next bubble.
2 people like this
@cupkitties (7421)
• United States
18 Jan 18
If you use a third party like Coinbase or Xapo (Just to name a few) your bitcoins are already being regulated in a way. Some of those companies require your social security number (this is to stay in compliance with the laws) so that you can be taxed. Bitcoins has taken a dive before. They will rise up again and repeat the cycle.
1 person likes this
@BelleStarr (61047)
• United States
17 Jan 18
I know nothing about them and hopefully, I won't ever have to learn.
1 person likes this
@RasmaSandra (73407)
• Daytona Beach, Florida
17 Jan 18
Not much at all but I am going to look into it because I also found out that you can share the ownership of Bitcoins.
1 person likes this
@andriaperry (116860)
• Anniston, Alabama
18 Jan 18
Sounds to good to be true, then it is, I expected this to crash and burn before it took off. I will stick to what is known as money and can be held in my hand.
2 people like this
@kobesbuddy (74553)
• East Tawas, Michigan
17 Jan 18
I've only heard the name bitcoins, but never looked into any information about them. Cryptocurrencies? Never heard of this one.
1 person likes this
