bertusras Posted January 17, 2018 Posted January 17, 2018 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
Eldron Posted January 17, 2018 Posted January 17, 2018 I feel this video sums this paragraph up quite well https://www.youtube.com/watch?v=KTf5j9LDObkPerfect! Also - wbat the ffffffffffdid I just watch???
GrahamS2 Posted January 17, 2018 Posted January 17, 2018 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
Carmichael Posted January 17, 2018 Posted January 17, 2018 I feel this video sums this paragraph up quite well WTF did I just watch?
Wayne Potgieter Posted January 17, 2018 Posted January 17, 2018 0FD1E49C-7590-4372-97A7-B9DE35F4C133.jpeg Pieter1 and Andrew Steer 2
Andrew Steer Posted January 18, 2018 Posted January 18, 2018 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
Andrew Steer Posted January 18, 2018 Posted January 18, 2018 (edited) See next post Edited January 18, 2018 by Andrew Steer
Andrew Steer Posted January 18, 2018 Posted January 18, 2018 It must be war out there.... The recovery the last 24hours has actually been pretty damn impressive...
dev null Posted January 18, 2018 Posted January 18, 2018 The recovery the last 24hours has actually been pretty damn impressive... That is just people that bought in for the next run. Patchelicious 1
NotSoBigBen Posted January 25, 2018 Posted January 25, 2018 How's things going in the BitCoin world chaps? Sent from my LG-D958 using Tapatalk
Patchelicious Posted January 25, 2018 Posted January 25, 2018 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
stefmeister Posted January 25, 2018 Posted January 25, 2018 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
Odinson Posted January 25, 2018 Posted January 25, 2018 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. NotSoBigBen and Captain Fastbastard Mayhem 2
Andrew Steer Posted February 6, 2018 Posted February 6, 2018 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
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