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Old 01-03-2018, 06:51 PM   #1
dino76m
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Bitcoin-ALtcoins (cryptocurrency)

so has anyone got on this bandwagon,, been wanting to ask sooner but was waiting to see where the CraZiness is heading. new fav seems to be Ripple
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Old 01-03-2018, 07:25 PM   #2
TNovak
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I have no bitcoin, a little bit of Litecoin, nothing else.
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Old 01-03-2018, 09:15 PM   #3
Finisher
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Much illegal money goes into these crypto currencies (e.g. money laundering) !
And mostly chinese go and mine these (hard to track back - !if done right!).
Altcoin has many advantages over bitcoin. But all have same "problem": There is no real "value" behind a crypto; e.g. no tax and gross domestic product, enterprises of a country and so on, which gives the currency of a country its value.
There is absolutely nothing as the believe in it. You can`t even get a "jewel" or something to touch. The only "value" is the destroyed environment (mining needs a huge amount of energy).
and the risk of getting chopped.
If interest into a crypto goes up you make money, if it goes down you will lose everything (propably very fast).
Not the "normal" people as you and me give a crypto its value. That`s far above you and me. Anyway you can be sure some people get much money out of "their" crypto, propably your money.
Be careful.

Something to think about:

"the last bite the dog"
"snowball system"
"Litecoins, Peercoins, Primecoins, Namecoins", ..... where is the end?
"go out in time; before crashing starts"
"professional speculators drive prices, then go out before everyone else goes out"
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Old 01-03-2018, 10:26 PM   #4
dino76m
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its almost like religion,, except this is driven by greed, and so more people will hop making it even bigger,, hard to stop it,, just like religion and blind faith
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Old 01-09-2018, 04:35 AM   #5
One Above All
The quickest way to double your money is to fold it in half and put it back in your pocket.
 
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does any souls here invest in beekcoin?

have you made any monies?
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Old 01-13-2018, 05:15 PM   #6
House
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I don't personally, but friend at work picked a Bitcoin up for 4k USD, then waited a few months. When it reached up to 18k USD around Christmas.. He then sold .5 Bitcoin. Right after then it gradually dropped again. Good timing for him!
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Old 11-21-2020, 05:11 PM   #7
Caliren
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If you are looking to make some money in the short term, there are chances to buy BTC and in a few days to make a $600 profit. In order to invest in the long run, it makes no sense, BTC is at the maximum level it had 3 years ago, and now it is unclear where it could go. 2 days ago I did an analysis on a trading platform https://www.bestonlineforexbroker.co...-south-africa/, I own a GPU mining farm, so it is the best time to sell ETH, ETC, but also other currencies. All of them have reached the threshold that they were 2 years ago, but mining is also quite profitable now.
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