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[Technology] Crypto this week
- Thread starter bhaseeer
- Start date
el punal
Well-known member
Is he a striker?
Blue Valkyrie
Not seen such Bravery!
My spam email folder is full of bitcoin mail.
Crooks wanting to fish in a mug or two ?
Crooks wanting to fish in a mug or two ?
Cian
Well-known member
Bubble, most of the "currencies" are now useless as actual currencies due to the transactional element being painfully high (and slow). They're backed by nothing other than an assumption they're cryptographically secure. Additionally, the energy requirements are getting to a level of being environmentally destructive.
Expect to see a lot of people very, very broke from this.
Blockchain tech is going to get used in the finance industry, but not like this.
Expect to see a lot of people very, very broke from this.
Blockchain tech is going to get used in the finance industry, but not like this.
darkwolf666
Well-known member
Whooossshhh!!!!
D
Deleted member 2719
Guest
Derrrrrrrrrrrrrrrrrrrrr it so obvious are you some sort of thickie or whot.
I bought into Ripple 3 months ago and have been watching Bitcoin thinking I backed the wrong horse .... not so sure now
Ripple looks to be a good investment, I've been toying with the idea of buying some.
Well it has utility unlike most others and the Ripple technology is being adopted pretty quickly by banks to sort out the tired SWIFT payment system.
The issue I see is that Ripple Technology doesn't necessarily rely on the Ripple Coin but recent announcements suggest that banks see the benefit of adopting the coin too. If they do then price volatility will have to be 'managed' to sensible levels as normal mainstream currencies I'd have thought (don't ask me how!!)
There's still plenty of upside I suspect but profit taking evident today
Claude samdamme
New member
- Mar 8, 2014
- 136
Bought 2 grands worth over the last few weeks and already up a nice chunk. Does feel like being part of a Ponzi scheme though
- Thread starter
- #13
This is high ignorance.
Most crypto tokens aren't even currencies - they are decentralised apps, platform eco systems, and smart contracts - all with a real world utility that solves real problems.
Most coins are Proof of Stake (with dividends) - not Proof of Work - and many are soon moving to PoS - so your environment claim is out of date.
Dash slow? Gulden slow?
Bitcoin is slow due to it being shit tech......just the masses pile into it as it's the one they heard about.
- Thread starter
- #14
Yes, I do have a clue - and doing very well.
bitcoin is a coin i don't touch - massively over-valued.....some other coins however.......
- Thread starter
- #15
How can it when most coins will have real world adoption in the next 2 years?
bitconnect and some others are clearly ponzis - but so many tokens in the top 200 will go up 10x at least.
Request will rival paypal.
Tenx will rival credit cards.
Viberate could take over artist's events.
SONM / Sia could take over cloud computing.
etc etc
Look for the roadmap of a coin - what is it trying to achieve?
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,016
theres no reason for real adoption of coins, and most road maps try to acheive objectives that dont require a coin/token or even a blockchain. ironically those that do are undervalued but be undermined if they gain value.
I love all the overnight experts on cryptos. There are two types.
1. The expert who has invested in cryptos and done very nicely, thank you. They promote cryptos and generally have blind faith in their exponential rise but in reality, have limited knowledge on the subject, me included.
2. Those who have no cryptos who like to ridicule them at every turn in order to make themselves feel better about having zero coins and no profit.
In reality nobody really knows what is going to happen, but, it's great that people have made a tidy profit from these.
1. The expert who has invested in cryptos and done very nicely, thank you. They promote cryptos and generally have blind faith in their exponential rise but in reality, have limited knowledge on the subject, me included.
2. Those who have no cryptos who like to ridicule them at every turn in order to make themselves feel better about having zero coins and no profit.
In reality nobody really knows what is going to happen, but, it's great that people have made a tidy profit from these.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,016
hey, i'm neither of them. I have crypto, but no blind faith and like to ridicule fanbois.
looney
Banned
- Jul 7, 2003
- 15,652
I bought into Ripple 3 months ago and have been watching Bitcoin thinking I backed the wrong horse .... not so sure now
You have defo made the right choice here.
Nobel Laurete Hayek was a big advocate of the free money system. As ripple is already transferable to currency via banks it will have the stability trust and flexibility to prosper.
Worht a read.
https://mises.org/library/free-market-monetary-system