Cryptocurrency mega-thread

[tigertigertiger]

Hope no ones with verge

https://cryptoslate.com/on-the-verge-of-controversy/

Just get some digibyte and hodl

 

[typeclub]

The dodgy Bitcoin handle on Twitter that had been hijacked by Cash supporters and was pretending Cash was the real Bitcoin has finally been suspended.

 

[typeclub]

I'm suspicious of browser mining, anyone have any input here?

I know of a website for torrents that has a Bitcoin address at the bottom and whenever I go there my CPU usage goes up to 50% and I've got a ripper CPU

 

[tigertigertiger]

I know of a website for torrents that has a Bitcoin address at the bottom and whenever I go there my CPU usage goes up to 50% and I've got a ripper CPU

go on.....

 

[Quixote]

Unless it's an Ontology airdrop.

Or a Dfinity. They're giving away 25million swiss francs to people who've been on their mailing list since early on. Which means I'm half a chance chucked my gmail on there early Jan. Anywhere between $500 and $2.5K worth of tokens for free they say. Better than a hard kick in the nuts.

 

[Quixote]

I know of a website for torrents that has a Bitcoin address at the bottom and whenever I go there my CPU usage goes up to 50% and I've got a ripper CPU

That is cheeky as all ****.

 

[tigertigertiger]

Yay

 

[footy75]

View attachment 481176 Yay

desperate for new customers

people staying away now

 

[tigertigertiger]

desperate for new customers

people staying away now

rubbish comment

 

[Angus Young]

rubbish comment

maybe...maybe not... when bitcoin was flying and the media were all over people seemed to be jumping on the crypto train like crazy.
probably a very fair assessment to suggest interest has died down from the general public lately with the drop...even though it's a great time to buy.

 

[tigertigertiger]

maybe...maybe not... when bitcoin was flying and the media were all over people seemed to be jumping on the crypto train like crazy.
probably a very fair assessment to suggest interest has died down from the general public lately with the drop...even though it's a great time to buy.

Think it may have something to do with there recent approved licensing ect and being competitive with other exchanges

 

[Quixote]

The days of exchanges and the like turning away customers are over (for now) folks!!

 

[pendlebury_10]

After entering the Crypto world in early January I am now down 70% on my initial investment.

I have battened down the hatches and will definitely be holding long term, but when does the blue sky begin to reappear? I didn't outlay anymore than I could afford to lose, but it would be nice to see a return some day.

How is everyone else here playing this sea of red? Kudos to everyone who is a regular contributor on this forum, you guys have been a great help right along the way ​

 

[Pea Nut]

After entering the Crypto world in early January I am now down 70% on my initial investment.

I have battened down the hatches and will definitely be holding long term, but when does the blue sky begin to reappear? I didn't outlay anymore than I could afford to lose, but it would be nice to see a return some day.

How is everyone else here playing this sea of red? Kudos to everyone who is a regular contributor on this forum, you guys have been a great help right along the way ​

For now, just watching from the sidelines looking to see what Bitcoin does, as everything else follows. No point trying to actively trade this market, as it's too risky in my opinion.

 

[Pedro]

View attachment 481176 Yay

They've just increased the gap b/t buy and sell. Have a look at Bitcoin. It was always 1:1. There is now a margin b/t the buy & sell rate.

 

[bomberjez]

After entering the Crypto world in early January I am now down 70% on my initial investment.

I have battened down the hatches and will definitely be holding long term, but when does the blue sky begin to reappear? I didn't outlay anymore than I could afford to lose, but it would be nice to see a return some day.

How is everyone else here playing this sea of red? Kudos to everyone who is a regular contributor on this forum, you guys have been a great help right along the way ​

You have a few options, IMO.

1. Cut losses and run (70% is better than 80%, after all)
2. Back bitcoin's partial recovery and projects that are tied to it (Litecoin, Dash etc)
3. Reassign your current portfolio into projects that can potentially hold their own even if Bitcoin tanks (FUN, Power Ledger, Eth etc)

A bull market like we just saw will NOT happen again. Too many were burned.
Look at these market caps and realise how overvalued/invested they still are.
Tron at $16bn **** me.

 

[tigertigertiger]

I just read some bad advice

 

[Pea Nut]

A bull market like we just saw will NOT happen again. Too many were burned.
Look at these market caps and realise how overvalued/invested they still are.
Tron at $16bn **** me.

Do you know how many times that has been said ??

 

[bomberjez]

I just read some bad advice

I've spent months reading very, very dangerous bad advice in here.

 

[bomberjez]

Do you know how many times that has been said ??

On significantly smaller scales, I agree.
However never before has crypto had mainstream penetration and media coverage like November 2017 - March 2018.

It's a household name for it's ability to destroy investments.
Who would honestly put any real money into it now? You're at the mercy of legislation and adoption that doesn't yet exist.

Give me a break. Without any significant change in how its used...new money will stay away from crypto.

 

[tigertigertiger]

On significantly smaller scales, I agree.
However never before has crypto had mainstream penetration and media coverage like November 2017 - March 2018.

It's a household name for it's ability to destroy investments.
Who would honestly put any real money into it now? You're at the mercy of legislation and adoption that doesn't yet exist.

Give me a break. Without any significant change in how its used...new money will stay away from crypto.

No, you give it a break!

https://www.bloomberg.com/news/arti...es-to-trade-cryptocurrencies-as-prices-plunge


https://www.trustnodes.com/2018/04/...-starts-investing-crypto-blockchain-start-ups

Keep up

 

[Pea Nut]

On significantly smaller scales, I agree.
However never before has crypto had mainstream penetration and media coverage like November 2017 - March 2018.

It's a household name for it's ability to destroy investments.
Who would honestly put any real money into it now? You're at the mercy of legislation and adoption that doesn't yet exist.

Give me a break. Without any significant change in how its used...new money will stay away from crypto.

There is a reason why the famous saying "buy when there is blood in the streets" exists, and why the world's greatest ever investors that have made huge amounts of money go completely against what the herd are doing. It's just that it's very hard to do for the average person. Take a look at where the legislation is heading, and where blockchain adoption is heading. We are so far beyond blockchain being used solely for decentralised currency purposes.

And the mainstream media penetration exists solely for Bitcoin. And if you asked the average person what blockchain technology was, they couldn't answer you.

 

[Pea Nut]

No, you give it a break!

https://www.bloomberg.com/news/arti...es-to-trade-cryptocurrencies-as-prices-plunge


https://www.trustnodes.com/2018/04/...-starts-investing-crypto-blockchain-start-ups

Keep up

I think this is a much more telling article.

https://www.bloomberg.com/news/arti...campaign=socialflow-organic&utm_medium=social

 

[Quixote]

Wanchain launched at 10x in a massive bear market and has gone up since. Fudders gonna fud.

 

[bomberjez]

No, you give it a break!

https://www.bloomberg.com/news/arti...es-to-trade-cryptocurrencies-as-prices-plunge


https://www.trustnodes.com/2018/04/...-starts-investing-crypto-blockchain-start-ups

Keep up

Are you Soros? (couldn't avoid the pun)

Yes money will come into crypto projects.
Yes some are fantastic projects that may one day justify a market cap at half or even ten times their current value.
Yes true adoption is yet to come in certain industries.

However, the days of relying on Bitcoin for your return on investment in 300 pieces of vapourware are over.
So many have lost so much and no Bitcoin bull run is coming to magically return someones January 2018 investment...which was the question we are responding to here.