Discussion
I've learnt a lot in the last few months, Etherium seems to be the one that offers a list of functions and platforms and with mainstream backing.
I am looking long term really, bitcoin could potentially come a storage of wealth.
The only thing is China has a big control, but when the exchanges were stopped market volume didn't drop as much as expected, which is a good thing really i think.
I am looking long term really, bitcoin could potentially come a storage of wealth.
The only thing is China has a big control, but when the exchanges were stopped market volume didn't drop as much as expected, which is a good thing really i think.
Behemoth said:
Chinese exchanges weren't stopped. They had KYC & AML implemented by govt regulators and removed 0% fee trading.
https://www.ft.com/content/415bf86c-ef67-11e6-930f-061b01e23655''Major Chinese bitcoin exchanges halt withdrawals after crackdown''
''In nearly identical statements late on Thursday, OKCoin and Huobi.com, the two largest exchanges by trading volume during the past six months, announced that they were halting bitcoin withdrawals from their platforms''
I am going to aim to invest/gamble some money as it is quite interesting long term, a few thousand.
What a week, DASH coin has really moved, gaining around 100% in 7 days, standing at about 45 dollars a coin now from 15 dollars a month ago.
i am sticking to Ether, z cash and iconomi, which sounds an interesting investment proposal. the news next week will be interesting for bitcoin. so far in a week at about 10% increase on stake which is pretty good as i am playing it safe. will keep updated on progress, my aim is 10k gbp by end of year. (10 fold profit)
i am sticking to Ether, z cash and iconomi, which sounds an interesting investment proposal. the news next week will be interesting for bitcoin. so far in a week at about 10% increase on stake which is pretty good as i am playing it safe. will keep updated on progress, my aim is 10k gbp by end of year. (10 fold profit)
Seems a bit fishy, a crap presentation and a few markets in Africa opening up for small fry. Basically someone with a lot if btc pumped the price up.
On one of the forums someone put 35k USD into dash never done it before, it was/is like a mania.
On one of the forums someone put 35k USD into dash never done it before, it was/is like a mania.
Edited by The Spruce goose on Thursday 2nd March 11:17
I'm sticking with Ethereum.
It is moving to proof of work, and I see the market wanted to build collateral until mining is stopped. I foresee a price around 100 dollars by the end of year.
it will become more stable, has a great platform and some legitimate backers behind it.
Bitcoin will still be there as the king of crypto.
It is moving to proof of work, and I see the market wanted to build collateral until mining is stopped. I foresee a price around 100 dollars by the end of year.
it will become more stable, has a great platform and some legitimate backers behind it.
Bitcoin will still be there as the king of crypto.
there are still ways to make money. the biggest problem Bitcoin may have is the announcement expected before the 11th march for ETF. I think a lot have bought expecting a positive outcome.
For example even thou all the news is about DASH, Ethereum has increased by 47.99% in the last 7 days. Unfortunately I bought at the wrong time, anything over 21 dollars I am making money.
For example even thou all the news is about DASH, Ethereum has increased by 47.99% in the last 7 days. Unfortunately I bought at the wrong time, anything over 21 dollars I am making money.
i think because people don;t understand it they dismiss it. maybe the future world is based on intangible assets. i think these times are volatile and they are trying to find a use, but the numbers are there. looking at some alt coins in the space of 10 months have increased 10 fold, and not just 1 a few and continue to do so.
the trading market runs 24/7 over multiple continents.
Market Cap: $23,347,169,375 / 24h Vol: $411,184,462 for last 24hours, yes it is the wild west but something will come out of it.
the trading market runs 24/7 over multiple continents.
Market Cap: $23,347,169,375 / 24h Vol: $411,184,462 for last 24hours, yes it is the wild west but something will come out of it.
WindyCommon said:
Holders will all need to make sure they are not holding the parcel when the music stops!
That seems the inevitable end point for imaginary money.IMO it will only become worth the risk if and when someone or something with real substance stands behind it - either a substantial government or substantial corporation.
rockin said:
That seems the inevitable end point for imaginary money.
IMO it will only become worth the risk if and when someone or something with real substance stands behind it - either a substantial government or substantial corporation.
Microsoft, Mizuho Capital, SMBC Venture Capital,Mitsubishi, Hitachi, IBM, Bank of Tokyo , Mitsubishi UFJ, J.P. Morgan Chase, Royal Bank of Scotland, intel, Winklevoss brothers own about 1.5% of total bitcoins, plus loads moreIMO it will only become worth the risk if and when someone or something with real substance stands behind it - either a substantial government or substantial corporation.
all invested significant sums in crypto coins.
most predicted a 15 percent crash, so nothing unusual. i think the crash this time was bot related not people actually selling. people have a lot of faith in bitcoin as shown.
the biggest thing thou is the rise of the alts, bitcoin has lost about 1% of the market share from this, so it has bought new money but not to bitcoin, at the moment. there could a chance demand actually fails as they move to other alts, but most alts are bought via bitcoin. ethereum is a good contender to take its place.
the biggest thing thou is the rise of the alts, bitcoin has lost about 1% of the market share from this, so it has bought new money but not to bitcoin, at the moment. there could a chance demand actually fails as they move to other alts, but most alts are bought via bitcoin. ethereum is a good contender to take its place.
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