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Posted

Why don't people use laptops as miners. Surely cheaper.

I’ve also had this thought. I bought a year contract on hashflare. 33% pool fee. Not to bad.
Posted

Yep, Cryptos over the last ten days have been an absolute bloodbath.

 

Entire markets are reeling. Not just Crypto but financial markets as well.

 

Sure, Crypto taking the biggest hits. 

 

Feel terrible for people that invest what they cant afford to lose.

Posted

I don't know. The tech supporting Bitcoin and Ethereum is solid and has real world applications. So many FIs are looking into how to integrate distributed ledger tech into their IT environments. Thus, cryptocurrencies will be a part of the future, but their use as a speculation vehicle is probably over. 

 

Perhaps we'll see something like Tether be used in the future. A currency pegged to a fiat at 1:1 - you load your wallet and off you go. 

Cryptocurriencies will still continue but the value is in the blockchain and not the currency. Once a commit has taken place to a blockchain then its there forever and cannot be manipulated, there is value in that.

Posted

I really do not know what to say anymore about this cryptocurrency issues, sometimes i feel so bad that i did not buy any crypto when it was just a penny value.. now seem like crazy because there are so many crypto or altcoin out there beside bitcoins. It is very hard to predict or forecast the value.. maybe the ones who expert know about this stuff

Posted

Everyone that’s spewing now obviously got on the wagon too late. If you bought this time last year your ROI is still incredible. Also if you bought yesterday morning at 10h00 you would be up by 55% this morning. Definitely a risk, but still fun.

Posted

Welcome to the party, if this is the speed at which you read things on the net, stay away from investing in BitCoin.

 

If you bought BTC on 25 Jan and sold today, you would have lost almost 40%

 

D'oh

Posted

I don't know. The tech supporting Bitcoin and Ethereum is solid and has real world applications. So many FIs are looking into how to integrate distributed ledger tech into their IT environments. Thus, cryptocurrencies will be a part of the future, but their use as a speculation vehicle is probably over. 

 

Perhaps we'll see something like Tether be used in the future. A currency pegged to a fiat at 1:1 - you load your wallet and off you go. 

Blockchain is already very much in use in the fintech sector, and is going nowhere. However the concept of using a highly volatile commodity as a transaction token (the very basis of crypto 'currency') is not something that will have a long life span. 

Posted (edited)

I really do not know what to say anymore about this cryptocurrency issues, sometimes i feel so bad that i did not buy any crypto when it was just a penny value.. now seem like crazy because there are so many crypto or altcoin out there beside bitcoins. It is very hard to predict or forecast the value.. maybe the ones who expert know about this stuff

 

There are no experts. That's the best advice I can give you. And be very wary of people offering advice...

 

Fundamentally you need to decide whether you believe that a digital currency, administered through a decentralised network ensuring non-repudiated transactions, will become a sustainable, and widely adopted, currency in the future and invest based on that decision.

 

I do not believe that Bitcoin is it but I do believe in the concept of cryptocurrency and blockchain technology.

Edited by Squier
  • 1 month later...
  • 8 months later...
Posted (edited)

Why is this thread so quiet?

 

 

Maybe because it has proven to be such a great investment. I should have gone in boots and all:

post-50-0-16052900-1544601898_thumb.png

Edited by eddy

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