Cryptocurrency

[Squier]

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 February 7, 2018 by Squier

[Imploder]

The chicken mcnugget analogy !!! OMW....

 

[Escapee..]

Why is this thread so quiet?

[Stretch]

Why is this thread so quiet?

Everyone's too busy living the life after cashing in on the massive growth of their bitcoins

[Capricorn]

Why is this thread so quiet?

lol. that's like asking the dog why it isn't running around just after it got creamed by a highway of trucks..

[eddy]

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:

Edited December 12, 2018 by eddy

[stefmeister]

Why is this thread so quiet?

Everyone is out there spending all that profit from their initial R100 BTC investment.

[Escapee..]

Below is how Bitcoin performed in 2017.

 

from $900 to $20 000

 

Wonder how low it will go this time? Maybe time to invest a few Rand

 

[Odinson]

#cryptomillionaire

 

Cryptocurrencies might still be a part of our future, but it's not so clear anymore. Looks like there might be a situation whereby central banks are going to start issuing digital currencies, not necessarily based on blockchain. Even the head of the IMF has publicly opined on this. 

 

Seems the almighty financial system will not play to the tune of some speculative cryptorenegades. 

[gummibear]

I was told I'm old fashioned last year when i was looking to invest some money and was told i'd be a millionaire if i invested in Bitcoin.A mate of mine even took a second bond on his home to buy Bitcoin .I didn't understand the whole cryptocurrency idea and still don't.

 

Decided to buy a 2 bed apartment at the sea that has grown 8% in the last year.Not a millionaire but sure i made a better choice than they did.

[Odinson]

If you bought BTC in 2011 or thereabouts and hung onto it, you'd still be in a pretty good position. 

 

That being said, the market has lost basically the little credibility it had after all of the events leading up to Dec last year and the subsequent implosion. 

[Escapee..]

I was told I'm old fashioned last year when i was looking to invest some money and was told i'd be a millionaire if i invested in Bitcoin.A mate of mine even took a second bond on his home to buy Bitcoin .I didn't understand the whole cryptocurrency idea and still don't.

 

Decided to buy a 2 bed apartment at the sea that has grown 8% in the last year.Not a millionaire but sure i made a better choice than they did.

 

 

#oldschooliscool

[dev null]

I was told I'm old fashioned last year when i was looking to invest some money and was told i'd be a millionaire if i invested in Bitcoin.A mate of mine even took a second bond on his home to buy Bitcoin .I didn't understand the whole cryptocurrency idea and still don't.

 

Decided to buy a 2 bed apartment at the sea that has grown 8% in the last year.Not a millionaire but sure i made a better choice than they did.

 

Never invest based on hearsay.

 

My BIL also invested in BTC. To make matters worse, he lost his job at the same time BTC imploded. Things were interesting in their household this past year.

Edited December 12, 2018 by Moridin

[Delarey]

If you bought BTC in 2011 or thereabouts and hung onto it, you'd still be in a pretty good position.

 

That being said, the market has lost basically the little credibility it had after all of the events leading up to Dec last year and the subsequent implosion.

Problem is the people that invested in 2011 typically did not leave it at that. They kept on pilling on more (generally bigger amounts), which mean their losses swallowed the winnings quite quickly.

[Jewbacca]

So we're still waiting for closure to this very important "life altering" topic. I don't know how I'm going to get through this "work day" by being on the Hub the whole time waiting for a response! Wait, I suppose I can always do a bit of work 

Work?! You mean you didn't invest your life savings in bitcoin and are now living off the appreciation?!

 

Pffft... don't you click on those links at the bottom of on line articles or on Facebook?

Edited August 29, 2019 by Nick
Merged from https://www.bikehub.co.za/topic/182971-bike-shop-damaged-my-frame-issue-help/

[RobertWhitehead]

I have actually been in Bitcoin since July of 2017 and have quite a good understanding about the space  . I have completed around 7 courses since then

 

What's the total invested amount that I currently have in the space of my hard earned cash I hear you ask? - Currently sitting on R34.00  . Biting my nails and hoping to re-coup my losses one day 

 

 

Work?! You mean you didn't invest your life savings in bitcoin and are now living off the appreciation?!

 

Pffft... don't you click on those links at the bottom of on line articles or on Facebook?