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Cryptocurrency mega-thread

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Surely anyone who new to crypto or has money to go for it. Bitcoin at 6000 Au. Come on. Looks good after this huge drop.
 

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Scotland said:
2081 cryptocurrencies currently on offer. Who'd have thought some or all of them were bullshit?
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I know first hand that I was taking a risk with ICOs, i just never thought of Kim’s minions, you know, because only he has technology without device and it’s powered through dolphin brain wave power ect! It was interesting, makes you think how much money IS and AQ terror orgs could be getting out of crypto scams
 
tigertigertiger said:
I know first hand that I was taking a risk with ICOs, i just never thought of Kim’s minions, you know, because only he has technology without device and it’s powered through dolphin brain wave power ect! It was interesting, makes you think how much money IS and AQ terror orgs could be getting out of crypto scams
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I'm thinking it's time you took yourself away for a spell.
 
tigertigertiger said:
Enlarged eye roll emoji

Non truth handlers on the keyboard warrior attack
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My favourite bit is how people just throw out numbers like they actually know what they're talking about. You should get in at $500b, $400b, $300b... You should get BTC at $10,000, $8,000, $6,000... OK, so I should buy the thing that you have that is falling in value to help arrest the fall in value? Righto.

The crypto market didn't exist a few years ago. Then it was worth nothing, then something, then for a brief moment $817b. Now it's currently worth $138b. What will it be next week? Could be $100b, could be $250b... no one really knows. But the authoritative crypto nuffies that were popping up like weeds at the start of the year have all gone suspiciously quiet.

If I had followed the advice of any of the people who told me 'you don't know what you are talking about' I would have lost money this year. It's possible that people who bought BTC at $10k will make money from that, but when that day comes the people who bought it today for $4200 will make more. And it's possible that people will buy it today and it will never be worth any more than it is now. IMO over time the market cap will gradually move closer to the amount of actual money invested in it. Which is still substantial for hype bubble.
 
Ok guys. I’m calling it. It may go down another 4 to 8 percent at most. That is it. Buy up. Seriously you be laughing when it goes up and had some balls to go for it. Thanks me later. Lol

Get buying.. the rise is going to happen. Bookmark this post.
 

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Scotland said:
My favourite bit is how people just throw out numbers like they actually know what they're talking about. You should get in at $500b, $400b, $300b... You should get BTC at $10,000, $8,000, $6,000... OK, so I should buy the thing that you have that is falling in value to help arrest the fall in value? Righto.

The crypto market didn't exist a few years ago. Then it was worth nothing, then something, then for a brief moment $817b. Now it's currently worth $138b. What will it be next week? Could be $100b, could be $250b... no one really knows. But the authoritative crypto nuffies that were popping up like weeds at the start of the year have all gone suspiciously quiet.

If I had followed the advice of any of the people who told me 'you don't know what you are talking about' I would have lost money this year. It's possible that people who bought BTC at $10k will make money from that, but when that day comes the people who bought it today for $4200 will make more. And it's possible that people will buy it today and it will never be worth any more than it is now. IMO over time the market cap will gradually move closer to the amount of actual money invested in it. Which is still substantial for hype bubble.
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see post below you, not sure if troll or serious, most say that and serious

everyones an expert at making others lose money
 
maryjames said:
Holding nicely this week. Consolidating.. firming up for another big year. 2018 is on track for big gains once again.
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maryjames said:
Ok guys. I’m calling it. It may go down another 4 to 8 percent at most. That is it. Buy up. Seriously you be laughing when it goes up and had some balls to go for it. Thanks me later. Lol

Get buying.. the rise is going to happen. Bookmark this post.
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Can I bookmark both of these? :p
 
Deliverance said:
Can I bookmark both of these? :p
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Lol I know. Just talking shit up. But my last comment I’m confident as you get.

I bought years ago.. sold and Bought every so often but after late last year got excited. The next few months I’ll be throwing back in hoping history repeats like 2011 and 2013 and 2018. The returns can be ridiculous
 
maryjames said:
Heard that all before. What happens let say in 2020 it goes bananas again. Then it will be dam it I knew I should have...... bla bla
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It's 100% speculation and self interest. Always has been. If you think something is a good investment, invest in it. If you don't, don't. Simple.

History often repeats, but 2013-2016 is just as valid as 2017 or 2018 on that basis. Hovering for 2 years is history. Exploding in value over the course of a month or two is history. Losing 80% of value over a year is history. The daily volume of BTC traded over Dec17/Jan18 was ~10 times what it was the rest of 2017 and ~2-3 times what it has been since - and the value has steadily gone down over that period. If there's a repeat of the late 2017 spike in interest then we'll see a similar result in terms of increased volume of trade and prices going up. But that's a big if. The whole thing isn't just going to be worth $800b again just because.
 

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Scotland said:
It's 100% speculation and self interest. Always has been. If you think something is a good investment, invest in it. If you don't, don't. Simple.

History often repeats, but 2013-2016 is just as valid as 2017 or 2018 on that basis. Hovering for 2 years is history. Exploding in value over the course of a month or two is history. Losing 80% of value over a year is history. The daily volume of BTC traded over Dec17/Jan18 was ~10 times what it was the rest of 2017 and ~2-3 times what it has been since - and the value has steadily gone down over that period. If there's a repeat of the late 2017 spike in interest then we'll see a similar result in terms of increased volume of trade and prices going up. But that's a big if. The whole thing isn't just going to be worth $800b again just because.
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The big fish love crypto. Bitcoin may go to 2000US. Well I loved it. Made a heap. Way more then I ever intended. I’m happy.
 

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