Who is in to crypto?
Moderator: Long slender neck
Who is in to crypto?
Hi guys, who of you is in to crypto?
What coins are you holding?
Used to be all speculation, but with regulations just around the corner a great thing to invest in in my opinion that is!
Not financial advice*
What coins are you holding?
Used to be all speculation, but with regulations just around the corner a great thing to invest in in my opinion that is!
Not financial advice*
- Dunners
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Re: Who is in to crypto?
Nah. Current platforms are too volatile, and the new Facebook coin is going to seriously test the resilience of existing market.
I accept that some people have done well so far, but many who jumped in during the last frenzy will be picking their wounds.
I accept that some people have done well so far, but many who jumped in during the last frenzy will be picking their wounds.
- Long slender neck
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Re: Who is in to crypto?
Won't regulations ruin their value?
Absolute nonsense anyway and damaging to the environment.
Absolute nonsense anyway and damaging to the environment.
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Re: Who is in to crypto?
Got a bit. Bought when it was almost at its highest and then crashed. Back up to even after the recent resurgence
Re: Who is in to crypto?
Naaah, it will make it thrive...its not hacker and drug money like it used to be a few years ago...Prestige Worldwide wrote: βMon Jun 24, 2019 8:06 am Won't regulations ruin their value?
Absolute nonsense anyway and damaging to the environment.
Re: Who is in to crypto?
Facebook coin isnt launching untill mid 2020, and has woken up many financial and mainstrain investors....Back in a bull market now so looking forward to what is ahead....
Volatility does scare many away tough....
Re: Who is in to crypto?
End of 2017? Dont worry, we will see new all time highs ...its thriving!Apple Wumble wrote: βMon Jun 24, 2019 9:07 am Got a bit. Bought when it was almost at its highest and then crashed. Back up to even after the recent resurgence
- StillSpike
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Re: Who is in to crypto?
Other than as a market on which to gamble, what's the point of crypto for your average Joe Workingman?
I understand that it would make international trading a bit easier / less dependent on middlemen banks, for example, but I don't often have cause to trade internationally. Transaction fees for traditional payment methods seem to be coming down all the time too, so I'm a bit in the dark as to why many people would get into it - am I going to be paying for my morning coffee with it at some point in the future - and if so, why?
I understand that it would make international trading a bit easier / less dependent on middlemen banks, for example, but I don't often have cause to trade internationally. Transaction fees for traditional payment methods seem to be coming down all the time too, so I'm a bit in the dark as to why many people would get into it - am I going to be paying for my morning coffee with it at some point in the future - and if so, why?
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Re: Who is in to crypto?
Have a small amount that I use for certain purchases, not investment purposes.
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Re: Who is in to crypto?
Much too volatile. Having no assets behind it is also a problem.
Just like betting, the direction of travel is completely unknown.
Just like betting, the direction of travel is completely unknown.
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Re: Who is in to crypto?
Doesn't seem to matter for the other currencies that the governments can control.
Re: Who is in to crypto?
Its faster because of the new technology and is way cheaper! Plus the fact fiat currency is subdue to major inflation...look at Venezuela, that are buying up crypto because of their currency inflating like crazy...StillSpike wrote: βMon Jun 24, 2019 9:34 am Other than as a market on which to gamble, what's the point of crypto for your average Joe Workingman?
I understand that it would make international trading a bit easier / less dependent on middlemen banks, for example, but I don't often have cause to trade internationally. Transaction fees for traditional payment methods seem to be coming down all the time too, so I'm a bit in the dark as to why many people would get into it - am I going to be paying for my morning coffee with it at some point in the future - and if so, why?
For most people it is a way to keep their money worth something....Im a true believer of it, but everyone should do their own research....
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Re: Who is in to crypto?
Basically the same for me - bought a small amount of Bitofacon just for a bit of fun. Anyone hoping to make a killing off it now is way late to the partyApple Wumble wrote: βMon Jun 24, 2019 9:07 am Got a bit. Bought when it was almost at its highest and then crashed. Back up to even after the recent resurgence
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Re: Who is in to crypto?
I don't mind admitting that I just don't understand any of this stuff. Or Blockchain, whatever the f*** that is.
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Re: Who is in to crypto?
Just buy gold if you want to do that. No need to get involved in something that might end up being worthless. There will be crypto winners in the future but it wonβt be ones that the plebs like us know about.BelgianO wrote: βMon Jun 24, 2019 11:17 amIts faster because of the new technology and is way cheaper! Plus the fact fiat currency is subdue to major inflation...look at Venezuela, that are buying up crypto because of their currency inflating like crazy...StillSpike wrote: βMon Jun 24, 2019 9:34 am Other than as a market on which to gamble, what's the point of crypto for your average Joe Workingman?
I understand that it would make international trading a bit easier / less dependent on middlemen banks, for example, but I don't often have cause to trade internationally. Transaction fees for traditional payment methods seem to be coming down all the time too, so I'm a bit in the dark as to why many people would get into it - am I going to be paying for my morning coffee with it at some point in the future - and if so, why?
For most people it is a way to keep their money worth something....Im a true believer of it, but everyone should do their own research....
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Re: Who is in to crypto?
Oh your that sort of person are you? Tut tut tutCreamofSumYungGai wrote: βMon Jun 24, 2019 9:35 am Have a small amount that I use for certain purchases, not investment purposes.
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Re: Who is in to crypto?
I did get lucky & make some money on Bitofacon early days, before I hung up my spurs, but that was pure gambling on a thing which has many features similar to a Ponzi scheme. No wonder those currently βinvestedβ are bigging it up. They need new blood to keep pushing it up...
Re: Who is in to crypto?
Prestige Worldwide wrote: βMon Jun 24, 2019 8:32 pmYour need to convince others just shows you must have doubts.
Naah, just spreading the word....sharing is caring, I havent told anyone too go chuck loads in...just spreading my knowledge dyor
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