I knew a girl once with a swing attached to her ceiling. You definitely
dont want too much of a swing to happen.

On Sat, Jan 9, 2021, 5:26 PM Matt Hoppes <mattli...@rivervalleyinternet.net>
wrote:

> Swings are fine. But I’ve seen bitcoin swing thousands of dollars. That’s
> not ok.
>
> On Jan 9, 2021, at 6:21 PM, Steve Jones <thatoneguyst...@gmail.com> wrote:
>
> 
> Its changed for sure, nobody talks about mining anymore, it's just alot of
> gambling, or investment if you're doing the stock.
> Even the coin return machines at stores are offering payment in bitcoin.
> But like everything, it's a secondary market, you're getting paid in
> credits for what is effectively their bitcoin, so the control the rate of
> return.
> A lot of people who think they're invested in bit coin are actually
> invested in the secondary markets.
> It seems it's still good to be in, as I understand it, unrest makes it
> grow so you could effectively invest, let it grow til you can pull your
> initial investment out and take all the risk you want til it collapses.
> I was reading a thing I didnt understand, but they said, based on info I
> dont comprehend, that it will go to 65k, then plummet
>
> On Sat, Jan 9, 2021, 5:00 PM Matt Hoppes <
> mattli...@rivervalleyinternet.net> wrote:
>
>> As of Monday we will be accepting Dogecoin....
>>
>> > On Jan 9, 2021, at 5:54 PM, Daniel Pautz <d...@webnx.com> wrote:
>> >
>> > :)  Wow  that topic could get as bad as the political thread a few
>> days ago.
>> >
>> > For a business overall?  To gain new clients / clients that love BTC /
>> hate the current money system / etc.   But for this business its not a big
>> deal.
>> >
>> > For Consumers?  There are tons of reason,  some people LOVE the
>> gamble,  but the old school people that have been doing this a long time
>> would say "because the current monetary system sucks and is controlled by
>> the man"      "because look at the state of things, there is going to be
>> soooo much inflation so why keep money in the dollar when its going to be
>> worth crap"   but many people that were trying to push this as a win win to
>> users and business's is the tiny fees.  Imagine the cost of 10k in credit
>> card processing fees?   Send someone a million dollars almost instantly,
>> etc.   Then you could get into the block chain side of it,  secure
>> contracts and other stuff.
>> >
>> > But then again you could also start the conversation of the feds sooner
>> or later regulating the crap out of it as its no longer a joke,  when
>> billions are being dumped into something the feds are going to take
>> notice.
>> >
>> >
>> > -----Original Message-----
>> > From: AF <af-boun...@af.afmug.com> On Behalf Of Matt Hoppes
>> > Sent: Saturday, January 09, 2021 3:34 PM
>> > To: AnimalFarm Microwave Users Group <af@af.afmug.com>
>> > Subject: Re: [AFMUG] I don’t understand bitcoin
>> >
>> > So then what’s the point?
>> >
>> >> On Jan 9, 2021, at 5:27 PM, Daniel Pautz <d...@webnx.com> wrote:
>> >>
>> >> As a vendor / merchant you would just need to setup one of the
>> systems that instantly cashes it out.  Don't treat it like a gamble (unless
>> you are into that / want to do that).
>> >>
>> >> Dan
>> >>
>> >> -----Original Message-----
>> >> From: AF <af-boun...@af.afmug.com> On Behalf Of Matt Hoppes
>> >> Sent: Saturday, January 09, 2021 3:15 PM
>> >> To: af@af.afmug.com
>> >> Subject: [AFMUG] I don’t understand bitcoin
>> >>
>> >> I had an ex employee who was all about bitcoin. I’ve read about it but
>> still don’t understand.
>> >>
>> >> I’ve got money in BTC and LTC because I’ll do anything that makes me
>> money - but I don’t understand how bitcoin works.
>> >>
>> >> Why would I accept a payment from you or $200USD worth of bitcoins
>> when tomorrow that payment might be worth $100 if the value drops?
>> >> --
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>> >>
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>> >
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