Who is in to crypto?

[BelgianO]

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*

[Dunners]

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.

[Long slender neck]

Won't regulations ruin their value?

Absolute nonsense anyway and damaging to the environment.

[Rich Tea Wellin]

Got a bit. Bought when it was almost at its highest and then crashed. Back up to even after the recent resurgence

[BelgianO]

Won't regulations ruin their value?

Absolute nonsense anyway and damaging to the environment.

Naaah, it will make it thrive...its not hacker and drug money like it used to be a few years ago...

[BelgianO]

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.

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....

[BelgianO]

Got a bit. Bought when it was almost at its highest and then crashed. Back up to even after the recent resurgence

End of 2017? Dont worry, we will see new all time highs ...its thriving!

[StillSpike]

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?

[CreamofSumYungGai]

Have a small amount that I use for certain purchases, not investment purposes.

[RientO]

Do Tesco Clubcard points count?

[Still's Carenae]

Much too volatile. Having no assets behind it is also a problem.

Just like betting, the direction of travel is completely unknown.

[CreamofSumYungGai]

Having no assets behind it is also a problem.

Doesn't seem to matter for the other currencies that the governments can control.

[BelgianO]

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?

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...

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....

[Millennial Snowflake]

Got a bit. Bought when it was almost at its highest and then crashed. Back up to even after the recent resurgence

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 party

[Proposition Joe]

I don't mind admitting that I just don't understand any of this stuff. Or Blockchain, whatever the f*** that is.

[Beradogs]

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?

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...

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....

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 won’t be ones that the plebs like us know about.

[BelgianO]

Hahah...oh well, it was worth a try! I truly believe in it...we will ser!

[Thor]

Have a small amount that I use for certain purchases, not investment purposes.

Oh your that sort of person are you? Tut tut tut

[CreamofSumYungGai]

What?

[Disoriented]

Prefer Cluedo myself.

[Long slender neck]

Hahah...oh well, it was worth a try! I truly believe in it...we will ser!

Your need to convince others just shows you must have doubts.

[slacker]

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 “invested” are bigging it up. They need new blood to keep pushing it up...

[BelgianO]

Haha whatever we will check back in, in a years time

[BelgianO]

Hahah...oh well, it was worth a try! I truly believe in it...we will ser!

Your 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

[StillSpike]

On a completely unrelated subject, who remembers Amway?