bertusras Posted January 17, 2018 Share I still maintain is the ultimate pyramid scheme where only the initial "investors" get really rich - after that there is a descending scale of profit until it tanks really badly and the vast majority of people get screwed. I feel this video sums this paragraph up quite well shaper 1 Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3254891 Share on other sites More sharing options...
Eldron Posted January 17, 2018 Share I feel this video sums this paragraph up quite well https://www.youtube.com/watch?v=KTf5j9LDObkPerfect! Also - wbat the ffffffffffdid I just watch??? Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3254896 Share on other sites More sharing options...
GrahamS2 Posted January 17, 2018 Share I still maintain is the ultimate pyramid scheme where only the initial "investors" get really rich - after that there is a descending scale of profit until it tanks really badly and the vast majority of people get screwed.You are not far off IMO. Read a stat that 40% of BTC in circulation is held by about 100 individuals. That makes the model very susceptible to manipulation and pump & dump movements. I personally know of one person with significant holdings in BTC, and they are very much profiting from these massive movements. I believe a lot of it is being coordinated on Telegram groups. Eldron 1 Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3254899 Share on other sites More sharing options...
Carmichael Posted January 17, 2018 Share I feel this video sums this paragraph up quite well WTF did I just watch? Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3254942 Share on other sites More sharing options...
Wayne Potgieter Posted January 17, 2018 Share 0FD1E49C-7590-4372-97A7-B9DE35F4C133.jpeg Andrew Steer and Pieter1 2 Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3255293 Share on other sites More sharing options...
Andrew Steer Posted January 18, 2018 Share Good pushback from Crypto last night... luckily I had just bought back in figuring we were somewhere near the bottom of this little cliff. Managed to increase my Ethereum holding nearly 25% through this little slump... could of been better if I'd gotten out a little earlier, could of been worse too though I guess Fun and games Wayne Potgieter 1 Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3255354 Share on other sites More sharing options...
Andrew Steer Posted January 18, 2018 Share See next post Edited January 18, 2018 by Andrew Steer Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3255362 Share on other sites More sharing options...
Andrew Steer Posted January 18, 2018 Share Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3255410 Share on other sites More sharing options...
dev null Posted January 18, 2018 Share It must be war out there.... Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3255818 Share on other sites More sharing options...
Andrew Steer Posted January 18, 2018 Share It must be war out there.... The recovery the last 24hours has actually been pretty damn impressive... Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3255833 Share on other sites More sharing options...
dev null Posted January 18, 2018 Share The recovery the last 24hours has actually been pretty damn impressive... That is just people that bought in for the next run. Patchelicious 1 Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3255863 Share on other sites More sharing options...
NotSoBigBen Posted January 25, 2018 Share How's things going in the BitCoin world chaps? Sent from my LG-D958 using Tapatalk Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3259682 Share on other sites More sharing options...
Patchelicious Posted January 25, 2018 Share I am not sure if this has been posted here, but whoever bitcoined the term "Dunning-Krugerrand" deserves a million crypto-high-fives! stefmeister, Captain Fastbastard Mayhem and Odinson 3 Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3259704 Share on other sites More sharing options...
stefmeister Posted January 25, 2018 Share I am not sure if this has been posted here, but whoever bitcoined the term "Dunning-Krugerrand" deserves a million crypto-high-fives!I had to google that, but it's quite hilarious. Patchelicious 1 Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3259736 Share on other sites More sharing options...
Odinson Posted January 25, 2018 Share How's things going in the BitCoin world chaps? Sent from my LG-D958 using Tapatalk Not terrible, but not quite near the highs of the tail-end of 2017. Captain Fastbastard Mayhem and NotSoBigBen 2 Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3259794 Share on other sites More sharing options...
Andrew Steer Posted February 6, 2018 Share Very quiet on here... at this point, if you didn't pull your cash a while back, you probably may as well HODL I luckily decided to get my little bit out weeks ago, the clampdown form governments seems relentless as the moment and has most people running Link to comment https://forum.bikehub.co.za/topic/170247-cryptocurrency/page/12/#findComment-3265808 Share on other sites More sharing options...
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