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Cryptocurrency mega-thread

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Pea Nut said:
The market is based massively on a huge level of speculation, both on the tech side, which is fine, as that will continue to develop, but also from an 'investor' stand point. Go and ask people who are invested in the crypto space and have them explain to you what a blockchain is. They can't answer that question, and have no understanding, and sometimes no interest in the technology. They are purely speculating, or realistically, gambling. Nothing more.
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Which tech do you mean, software or hardware?
 
Chubberson said:
Which tech do you mean, software or hardware?
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When referring to the speculation on the tech ?? All of it, from the focus currently on speeds and scaling at a platform level, to the continual development of the blockchain technology from the likes of Ethereum, Cardano, NEO etc, to the projects that are built upon that. It's a space that will continue to evolve quickly, with the potential thing holding it back being a lack of developers.
 
YippeeYiYeo said:
Half a dozen exchanges had to temporarily suspend new signups such is the volume of new investors. If you truly believe what youre writing then i expect you have no money in the crypto market right now then?
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Long term holder here, I only invest in blue chip coins (Top 5 Market Share). These will be the real winners in the long term as we see the money move away from the alt-coins after the crash happens. Not really interested in short-term trading, who knows maybe your theory is correct and I get burnt, thus I don't run that risk.
 
RU486 said:
Long term holder here, I only invest in blue chip coins (Top 5 Market Share). These will be the real winners in the long term as we see the money move away from the alt-coins after the crash happens. Not really interested in short-term trading, who knows maybe your theory is correct and I get burnt, thus I don't run that risk.
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This is where I don’t understand this “top 5” mindset. NEO isn’t a top 5 coin, but will definitely be a power house.
Similar can be said for EOS.

To be blatantly honest, Bitcoins future is in more doubt than some of the alt coins in the top 50. If you focus solely on the top 5, you are doing yourself a disservice.


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prodigy said:
This is where I don’t understand this “top 5” mindset. NEO isn’t a top 5 coin, but will definitely be a power house.
Similar can be said for EOS.

To be blatantly honest, Bitcoins future is in more doubt than some of the alt coins in the top 50. If you focus solely on the top 5, you are doing yourself a disservice.


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Disagree about Bitcoin. There are improvements coming and its the main liquidity that is traded against. It's now the Crypto currency gold. I'm all in on Bitcoin and flow any alt coin profits across into Bitcoin.

I do agree with you on NEO and EOS.
 
Pea Nut said:
Disagree about Bitcoin. There are improvements coming and its the main liquidity that is traded against. It's now the Crypto currency gold. I'm all in on Bitcoin and flow any alt coin profits across into Bitcoin.

I do agree with you on NEO and EOS.
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Interesting. I personally think Bitcoin will lose the number one spot in terms of total market capitalisation by the end of the year.


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prodigy said:
Electroneum is the definition of a shit coin. All marketing, no substance. A lot like TRON and XVG. If you can ride the hype and make some money, I applaud you, but I personally won’t be touching it.
I made money off TRON but I won’t be touching it again.


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Electroneum will be the trailblazer that finally brings cryptocurrency to the masses. By 2019, electroneum will be the most talked about, and most used cryptocurrency. Crypto is still in its infancy, but no matter how good the tech behind a coin is, if it's not easy for people to understand or use, then nobody gives a shit about it. Electroneum can change that. Its power is in its simplicity and ease of use.
 
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woota said:
Electroneum will be the trailblazer that finally brings cryptocurrency to the masses. By 2019, electroneum will be the most talked about, and most used cryptocurrency. Crypto is still in its infancy, but no matter how good the tech behind a coin is, if it's not easy for people to understand or use, then nobody gives a shit about it. Electroneum can change that. Its power is in its simplicity and ease of use.
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You should join their marketing team.


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Pea Nut said:
I bought a Trezor for now as they are about to be released off backorder by the Australian importer, and will upgrade in the future if and when I feel it's necessary. This space will see a host of plenty of new products coming out in the near future as well, so there will be a good selection of devices to choose from.
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Maybe we should just invest in companies that make wallets.:thumbsu:
 

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prodigy said:
Interesting. I personally think Bitcoin will lose the number one spot in terms of total market capitalisation by the end of the year.


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Big call, but very possible.

XRP could be the sleeping giant
Ether has the potential
Neo is also capable.

Not sure of any others at this stage.

On another note, CND getting a nice run on at the moment.

Edit: Jezz, just saw your post after posting.


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Nebula1971 said:
Big call, but very possible.

XRP could be the sleeping giant
Ether has the potential
Neo is also capable.

Not sure of any others at this stage.

On another note, CND getting a nice run on at the moment.

Edit: Jezz, just saw your post after posting.


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Yeah its certainly having a crack today! Thought about trading some of my position when I saw it was 25% up....but happy i decided to watch it a bit first....keeps going!
Any news or anything you've seen to give a reason as to why? I can't see anything apart from a few 'twitter experts' suggesting the whales are having a chew on it.
 
jezzajay said:
Yeah its certainly having a crack today! Thought about trading some of my position when I saw it was 25% up....but happy i decided to watch it a bit first....keeps going!
Any news or anything you've seen to give a reason as to why? I can't see anything apart from a few 'twitter experts' suggesting the whales are having a chew on it.
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No, I hadn't read anything, but I've been watching it's patterns.

I mentioned in discord earlier, they seem to pump it a bit. I actually sold a bit at 00027800 with Ether on Binance and started getting annoyed with myself as the trend suggested it would dump again. It is going down now, but I pulled the trigger a little early.


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Nebula1971 said:
No, I hadn't read anything, but I've been watching it's patterns.

I mentioned in discord earlier, they seem to pump it a bit. I actually sold a bit at 00027800 with Ether on Binance and started getting annoyed with myself as the trend suggested it would dump again. It is going down now, but I pulled the trigger a little early.


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Yeah i just sold to get back my initial investment...still got a bag of it though..
I agree though...the volume looks like its flattening out a bit now.
 

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