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Finance cryptocurrency

Started by JMG, May 28, 2017, in Life Add to Reading List

  1. Trackz
    Posts: 9,457
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    Trackz BARCODE

    Nov 15, 2020
    Bitcoin is on a h--- of a run right now.
     
    #541
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  2. icecube
    Posts: 9,521
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    Joined: Feb 15, 2011
    Location: London

    icecube West Coast is the Best Coast

    Nov 16, 2020
    My timing is so bad. I sold all my bitcoin about a month/6 weeks ago. I bought at the peak stupidly so done nothing other than lose money but looks like I would've gained half of it back on this recent run.

    Pissed off!
     
    #542
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  3. Trackz
    Posts: 9,457
    Likes: 16,641
    Joined: Mar 17, 2011

    Trackz BARCODE

    Nov 17, 2020
    I sold some a few days ago. I wish I didn't. Its up to 17k now.
     
    #543
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  4. Slyk
    Posts: 8,531
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    Joined: Feb 15, 2011
    Location: Detroit -> Cali

    Slyk God made a prophet.

    Nov 17, 2020
    lol that 7 months later it's over 4x's this
     
    #544
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  5. lots
    Posts: 1
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    Joined: Jun 3, 2011

    lots

    Nov 17, 2020
    Bitcoin, Ethereum, Cardano. The top three legit coins.

    Bitcoin went through its halving earlier this year, which means brace for the end of 2021. Haven't seen anything yet.

    Ethereum will be coming out with 2.0, aiming to solve its significant congestion issues and ridiculous fees. And in addition, it'll introduce staking. Big moves for 2021.

    Cardano will be the Apple company of cryptocurrency, meaning it'll put a lot of money into your pockets. Its major update, Goguen, will be fully implemented sometime in 2021.

    So start packing your bags and wait a year or two from now. Cardano might take longer to mature, but this is a transformative coin and worth getting in on. Also look into Theta, because its a unique coin with a couple significant players behind it (e.g., YouTube and Twitch founders).

    Forget all those shitcoins that YouTubers and other influencers talk about. They'll hype up a coin that no one's heard of, from some mediocre company with mediocre teams, so that their audience buys in. Translation: Price manipulation from a pump and dump scheme. Stick to legit, real coins that are bigger in scope than some temporary trend -- ones that will continue to be relevant years from now.

    Keep in mind there's thousands of cryptocurrencies, many that are copies of a copy or backed by average-level developers with small-scale visions. Stick to the genius-level teams with big visions, because otherweise you'll end up with worthless coins completely forgotten about. Invest in a future Microsoft, or invest in a local dry cleaners, choice is yours. This is still the beginning of a new industry, and only the strongest coins will survive.
     
    #545
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  6. Slyk
    Posts: 8,531
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    Joined: Feb 15, 2011
    Location: Detroit -> Cali

    Slyk God made a prophet.

    Nov 18, 2020
    whoa.

    first post in 5 years here. welcome.
     
    #546
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  7. icecube
    Posts: 9,521
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    Location: London

    icecube West Coast is the Best Coast

    Nov 18, 2020
    The whole cryptocurrency thing still intrigues me. I gave up on it because it hasn't seen any real world adaption and it's to unstable to be a real asset at the moment.

    If it's only ever going to be something that people trade to gain wins then it's definitely not for me.

    At the moment I see this as being just another fad that dies out eventually.
     
    #547
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  8. Trackz
    Posts: 9,457
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    Trackz BARCODE

    Nov 18, 2020
    There are definitely vendors and real world businesses accepting bitcoin as a form of payment. I've seen a lot more options for crypto payment recently than I ever have.
     
    #548
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  9. Trackz
    Posts: 9,457
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    Trackz BARCODE

    Nov 18, 2020
    see, all it took was a little crypto talk to get people going.
     
    #549
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  10. Lil Squeed
    Posts: 24,190
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    Joined: May 5, 2015

    Lil Squeed French Montana Stan

    Nov 18, 2020
    Still holding onto 100,000 DOGE coin

    need that to spike up to $1 eventually, lol
     
    #550
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  11. icecube
    Posts: 9,521
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    Location: London

    icecube West Coast is the Best Coast

    Nov 18, 2020
    Anyone significant? I live about a 20min walk away from the hipster/future-proofing/tech part of London and a few years ago ALL of that area were accepting payments with Bitcoin. Now none of them are. Round here it's got a whole lot less!
     
    #551
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  12. Worm
    Posts: 15,029
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    Location: New Jersey

    Worm Big Perm Big Worm

    Nov 18, 2020
    I thought I had a few hundred in bitcoin but checked after seeing this thread and I have $15. The majority I bought when crypto was high is in litecoin which isn't doing s---
     
    #552
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  13. Slyk
    Posts: 8,531
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    Location: Detroit -> Cali

    Slyk God made a prophet.

    Dec 16, 2020
    @HODLGANG anddd we're off

    [​IMG]
     
    #553
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  14. JMG
    Posts: 15,883
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    JMG Teflon

    Dec 16, 2020
    Selling right now. Gonna go in on the correction
     
    #554
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  15. icecube
    Posts: 9,521
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    Location: London

    icecube West Coast is the Best Coast

    Dec 16, 2020
    Pissed off beyond belief right now with this news
     
    #555
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  16. Slyk
    Posts: 8,531
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    Joined: Feb 15, 2011
    Location: Detroit -> Cali

    Slyk God made a prophet.

    Dec 16, 2020
    we'll see 2k before eod
     
    #556
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  17. Trackz
    Posts: 9,457
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    Trackz BARCODE

    Dec 16, 2020
    bruh. 21k!!! selling!
     
    #557
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  18. Wreckless
    Posts: 11,067
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    Joined: May 18, 2015

    Wreckless

    Dec 30, 2020
    I'm still new to all of this but a lot of people think that it's going to continue to grow.

    Apparently, any money you have in your traditional savings account is losing value every year due to inflation. They are printing too much money for pandemic relief.

    Meanwhile Cryptocurrency outpaces the stock market, real estate, precious metals and any other investment vehicle in growth since it's inception.

    I guess we'll see. I prefer getting on the train late than regret it in a few years from now if it explodes even more. I'm going to stick with Bitcoin or Ethereum and just put small amounts.

    I keep thinking that I should have got into this several years back when a collegue at work talked to me about it.

    Those who got in early must be rich right now.
     
    #558
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  19. Wreckless
    Posts: 11,067
    Likes: 22,701
    Joined: May 18, 2015

    Wreckless

    Dec 30, 2020
    Imagine being this guy.

    "On May 22, 2010, programmer Laszlo Hanyecz completed the first documented commercial Bitcoin purchase, paying 10,000 for two Papa John's pizzas. Valued at $41 at the time, current market pricing today gives the purchase a $92.5 million price tag."

    https://www.google.ca/url?sa=t&sour...AhAF&usg=AOvVaw22MMfX3aUp_5Dht37EVX3b&ampcf=1
     
    #559
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  20. Worm
    Posts: 15,029
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    Location: New Jersey

    Worm Big Perm Big Worm

    Dec 30, 2020
    anyone buy Stellar Lumens XLM? Dirt cheap but it hasn't done s--- in years
     
    #560
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