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Cryptocurrency mega-thread

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Duritz said:
Wow... QTUM down 37% last 24 hours... crypto fluctuations are mad
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You got that right.

SOOO reminds me of the Dot Com boom, the mining shares boom, the housing boom... everyone came up in the black after those!
 
jezzajay said:
You on mate? It’s ripe for the picking!!
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Yep I bought little bit today and got a bit excited because it started going above 37000 sats, but it's come back down haha I'll be looking to add to it across the next day or so! Also, on the hunt for some more BAT.
 

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Chief said:
You got that right.

SOOO reminds me of the Dot Com boom, the mining shares boom, the housing boom... everyone came up in the black after those!
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If you take out your initial investment, then you can play on the house. It's way more fun then and a great way to earn a little money whilst looking after the kids.
 
Chubberson said:
If you take out your initial investment, then you can play on the house. It's way more fun then and a great way to earn a little money whilst looking after the kids.
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It's just so dangerous. The unwarranted enthusiasm doesn't make for a stable market.

Good luck to people who won the lottery. But I reckon this last couple of weeks have to have put a big dent in the buy side.
 
Quixote said:
I bought my first crypto on Dec 8th, one month ago today. Total capital one month later is up x 3. Compared to others, I'm dealing with modest amounts. But still really pleased. Time to consolidate strategy and make the most of this boom.

Included in this ride have been many mistakes!
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Very nice. Since you've now got house money you'll be in a strong position to remain clear headed & not panic sell when it all inevitably drops 20-30% (or a bit more), only to run up another 200% after that.
 
Greed will keep them coming for now Chief, you have a valid point though.

Amongst the poo, there are some legitimate, good companies with great people and tech behind them. Survival of the fittest I spose. In the meantime, I'll keep marching, pitch fork in hand with the rest of the peasants. Huzzah!
 
ash_1050 said:
A quick reminder for those purchasing a Ledger Nano S to purchase directly from the company rather through a third party.

A guy had US$34k stolen after purchasing his Ledger Nano S through a third party. Don't risk it.
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they're all on backorder til march now. got my own a few months ago, but purchased one last week for my brother last week for his birthday. paid the extortionate express shipping rate only to find out the wait will be a month at least anyway!
 
Quixote said:
There is one thing that cannot be debated, IMO. Blockchain is here to stay. I think that is really obvious.
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Have you read Blockchain Revolution by the Tapscotts? Hardcopy isn't the rage atm, but it was a really good read on the impacts that blockchain will have and what changes it will make.
 
WeetBixKid said:
Very nice. Since you've now got house money you'll be in a strong position to remain clear headed & not panic sell when it all inevitably drops 20-30% (or a bit more), only to run up another 200% after that.
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When's your tip for the dip mate?
 

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GAsnr said:
Have you read Blockchain Revolution by the Tapscotts? Hardcopy isn't the rage atm, but it was a really good read on the impacts that blockchain will have and what changes it will make.
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I haven't read that. Should I? Can you give me a quick intro?
 
GAsnr said:
Have you read Blockchain Revolution by the Tapscotts? Hardcopy isn't the rage atm, but it was a really good read on the impacts that blockchain will have and what changes it will make.
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Quixote said:
I haven't read that. Should I? Can you give me a quick intro?
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Quixote, meet Blockchain Revolution.

Blockchain Revolution, meet Quixote.

Now play nice.
 
Quixote said:
I haven't read that. Should I? Can you give me a quick intro?
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For someone really new to cryptocurrency and still in the dark about the majority of all things blockchain, I found it a really solid read.

Difficult to narrow it down, but it discusses the downfalls of modern finance and regulation, trust protocol and design principles of blockchain, the implementation of blockchain across numerous sectors into the future and also why current economies and systems aren't necessarily ready for the impact of it.

Wasn't a quick sell to bitcoin success. I just enjoyed the information behind it.
 

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Duritz said:
Yeah well they’re not hand in hand in terms of success. Blockchain here to stay but I reckon BTC will go the way of the dinosaur.
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BTC is surely the biggest sitting duck. It will go down as martyr, but go down it will, I think. One more rise in it, for mine, but as soon as the overall landscape improves to a degree that a store of value and/or 'base register' isn't required, it will deflate.
 
Duritz said:
Yeah well they’re not hand in hand in terms of success. Blockchain here to stay but I reckon BTC will go the way of the dinosaur.
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No, not at all. The market itself, and the volatility is just fascinating though. When the market readjusts to reflect the actual technology behind the companies there will be a few tears. I'm really keen on the regulation behind it and where that will head this year.
 
GAsnr said:
No, not at all. The market itself, and the volatility is just fascinating though. When the market readjusts to reflect the actual technology behind the companies there will be a few tears. I'm really keen on the regulation behind it and where that will head this year.
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KMD.
 

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