Mark Twain Posted December 21, 2018 Share Posted December 21, 2018 Very interesting news, and likely the future of what blockchain tech will lead to. FB using "stablecoin" to transfer money through Whatsapp. https://www.cnbc.com/2018/12/21/facebook-reportedly-working-on-a-cryptocurrency-for-transfering-money-through-whatsapp-.html Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted January 29, 2019 Share Posted January 29, 2019 Time to close this thread? Quote Link to comment Share on other sites More sharing options...
Legojona Posted January 29, 2019 Share Posted January 29, 2019 1 hour ago, TabbyBoy said: Time to close this thread? I'm still heavily invested in crypto and play the highs and lows now. It is a pretty good market when you cash out a part at high in the 3000-3800 range and buy in at a low again. Lately I'm doing much better at the stock market. Lego is still way more fun, though 1 Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted January 29, 2019 Share Posted January 29, 2019 1 hour ago, Legojona said: I'm still heavily invested in crypto and play the highs and lows now. It is a pretty good market when you cash out a part at high in the 3000-3800 range and buy in at a low again. Lately I'm doing much better at the stock market. Lego is still way more fun, though I'm out apart from a single buy order to get 100 ETH at €10 each with my last €1000. It's now a downward spiral IMHO. Yes, LEGO is more fun now that it seems to have picked up a bit. Quote Link to comment Share on other sites More sharing options...
Legojona Posted January 30, 2019 Share Posted January 30, 2019 15 hours ago, TabbyBoy said: I'm out apart from a single buy order to get 100 ETH at €10 each with my last €1000. It's now a downward spiral IMHO. Yes, LEGO is more fun now that it seems to have picked up a bit. Having lived through the 2014-2015 downward spiral, I feel like crypto is just in a period of flushing out the dumb money. I think an uptick by the end of this year is likely and a real boom a year later is possible. Last time there was a crypto winter, people were saying it was never going to recover. Looking at the hashrate, I could see the bitcoin network was still growing, so someone was investing in machines. You can see the same uptick in hashrate now: https://www.blockchain.com/charts/hash-rate I actually really went deep into this and used this situation for my Master dissertation. After getting my master, I edited it and got it published in a academic journal. I calculated how much money was invested between 2012 and 2016 and found that mining is a super risky market. In that sense, a downturn every once in a while is needed. 1 Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted January 30, 2019 Share Posted January 30, 2019 (edited) 1 hour ago, Legojona said: Having lived through the 2014-2015 downward spiral, I feel like crypto is just in a period of flushing out the dumb money. I think an uptick by the end of this year is likely and a real boom a year later is possible. Last time there was a crypto winter, people were saying it was never going to recover. Looking at the hashrate, I could see the bitcoin network was still growing, so someone was investing in machines. You can see the same uptick in hashrate now: https://www.blockchain.com/charts/hash-rate I actually really went deep into this and used this situation for my Master dissertation. After getting my master, I edited it and got it published in a academic journal. I calculated how much money was invested between 2012 and 2016 and found that mining is a super risky market. In that sense, a downturn every once in a while is needed. I too lived through that as I bought BTC back in 2012 and 2013, but if BTC dropped 90% back then it was only about an €80 loss, not the €thousands it is today. A blip is good to separate the men from the boys, but we have a lot more government interference these days and unprecedented FUD. I also keep an eye on trading figures and typically use "investing.com" as an example of real-time prices. Also the many ICO scams and pump-dumps have left a very sour taste in a lot of mouths. I could perhaps punt my €1000 split across bits of the top 5 at the end of this year if the drops continue and then let it ride? Do you have a gut instinct of what may skyrocket? I'm thinking XRP, XLM, ETC and QTUM. Of course, we need the altcoins to divorce themselves from movements in BTC. Edited January 30, 2019 by TabbyBoy Quote Link to comment Share on other sites More sharing options...
bigboy61 Posted March 8, 2019 Share Posted March 8, 2019 On 1/30/2019 at 3:37 AM, TabbyBoy said: I too lived through that as I bought BTC back in 2012 and 2013, but if BTC dropped 90% back then it was only about an €80 loss, not the €thousands it is today. A blip is good to separate the men from the boys, but we have a lot more government interference these days and unprecedented FUD. I also keep an eye on trading figures and typically use "investing.com" as an example of real-time prices. Also the many ICO scams and pump-dumps have left a very sour taste in a lot of mouths. I could perhaps punt my €1000 split across bits of the top 5 at the end of this year if the drops continue and then let it ride? Do you have a gut instinct of what may skyrocket? I'm thinking XRP, XLM, ETC and QTUM. Of course, we need the altcoins to divorce themselves from movements in BTC. The altcoins are still there Tabby . Sure, most of them dropped a ton, but Ethereum, for example, is still holding at above $100. That's still a huge gain from a few years ago. Everytime its gone up and crashed, coins still end up holding above the value they traded for before the big run. A lot of people do lose big who bought during the big run (like myself to a degree), but, historically, the market comes back. It's a waiting game to see if history repeats itself again. Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted March 11, 2019 Share Posted March 11, 2019 On 3/8/2019 at 1:06 AM, bigboy61 said: The altcoins are still there Tabby . Sure, most of them dropped a ton, but Ethereum, for example, is still holding at above $100. That's still a huge gain from a few years ago. Everytime its gone up and crashed, coins still end up holding above the value they traded for before the big run. A lot of people do lose big who bought during the big run (like myself to a degree), but, historically, the market comes back. It's a waiting game to see if history repeats itself again. I understand, I'd have lost a ton if I didn't bail when I did. If you look closely, you'll see that a lot of the newer altcoins have already disappeared, due to scams and failures. I've still got buy orders set for VERY low buy-ins... just in case there's another "GDAX". The difference now is thousands of altcoins compared to a couple in the golden era. We need ICO regulation and the scams to stop. Until then, shirts will be lost. Quote Link to comment Share on other sites More sharing options...
Legojona Posted March 11, 2019 Share Posted March 11, 2019 I managed to catch a lot of the upside by just having clear targets like selling certain percentages of my portfolio at specific times. Still have a lot of crypto, but used that money to pay of the mortgage and have a nice financial buffer. Lot of people did not sell and complain to me now that they were up 1000% but now down 30%. I told them so at the time, but they were too greedy 1 Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted March 11, 2019 Share Posted March 11, 2019 5 hours ago, Legojona said: I managed to catch a lot of the upside by just having clear targets like selling certain percentages of my portfolio at specific times. Still have a lot of crypto, but used that money to pay of the mortgage and have a nice financial buffer. Lot of people did not sell and complain to me now that they were up 1000% but now down 30%. I told them so at the time, but they were too greedy I can't agree more, the greedy always lose more. Look at those Taj Mahal hoarders - LOL. Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted April 4, 2019 Share Posted April 4, 2019 LOL... The gains of the last few days have just been wiped out. There's a rumour that Binance exchange is about to collapse. I'm so glad that I'm done with it all now. I withdrew my last €2K from coinbase and closed the account. Quote Link to comment Share on other sites More sharing options...
Ed Mack Posted April 4, 2019 Share Posted April 4, 2019 On 3/11/2019 at 10:46 AM, TabbyBoy said: I can't agree more, the greedy always lose more. Look at those Taj Mahal hoarders - LOL. How many people hoarded Taj Mahals? Zero? LOL Quote Link to comment Share on other sites More sharing options...
Legojona Posted April 4, 2019 Share Posted April 4, 2019 27 minutes ago, TabbyBoy said: LOL... The gains of the last few days have just been wiped out. There's a rumour that Binance exchange is about to collapse. I'm so glad that I'm done with it all now. I withdrew my last €2K from coinbase and closed the account. The gains from 4100 to 5000 are not wiped out at 4800 I did cash out though. The Binance thing is something I have heard no rumors of. Link? Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted April 4, 2019 Share Posted April 4, 2019 1 hour ago, Legojona said: The gains from 4100 to 5000 are not wiped out at 4800 I did cash out though. The Binance thing is something I have heard no rumors of. Link? Sorry, I don’t follow BTC at all. I heard about Binance via a local crypto meeting this afternoon, which I’ll stop going to soon as the membership ends on 30APR and I’m not renewing. We had 40 members 4 months ago and now there’s just 11. I did Google Binance and they have struggled a lot with throughput today. I have nothing with them now so not bothered. If I find anything out concrete, I’ll reply again. Then again, the whole cryptoverse works via rumour! 1 hour ago, Ed Mack said: How many people hoarded Taj Mahals? Zero? LOL We’ll never know ? Quote Link to comment Share on other sites More sharing options...
cladner Posted April 4, 2019 Share Posted April 4, 2019 2 Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted April 4, 2019 Share Posted April 4, 2019 29 minutes ago, hippielego said: yeah i thought it would be better too. he probably blocked me or someting I love you, why would I block you? Quote Link to comment Share on other sites More sharing options...
bigboy61 Posted April 5, 2019 Share Posted April 5, 2019 4 hours ago, TabbyBoy said: There's a rumour that Binance exchange is about to collapse Its just that and only that... a rumor. Binance is not just about to collapse. Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted April 5, 2019 Share Posted April 5, 2019 (edited) 13 hours ago, bigboy61 said: Its just that and only that... a rumor. Binance is not just about to collapse. I think a lot will go down once regulation is in place. There's no better way to launder money right now. Edited April 5, 2019 by TabbyBoy Removed a quoted poor taste comment from another member Quote Link to comment Share on other sites More sharing options...
Val-E Posted July 4, 2019 Share Posted July 4, 2019 Seems like those Bitcoin investors still in the game are going to turn a very nice profit. Back up to 11k USD. Who would have thought? Meanwhile, Pet Shop...... Quote Link to comment Share on other sites More sharing options...
Legojona Posted July 4, 2019 Share Posted July 4, 2019 15 minutes ago, Val-E said: Seems like those Bitcoin investors still in the game are going to turn a very nice profit. Back up to 11k USD. Who would have thought? Meanwhile, Pet Shop...... It seems so, indeed I think it will slow down a bit and go higher at the end of the year. You're still in? 1 Quote Link to comment Share on other sites More sharing options...
Val-E Posted July 4, 2019 Share Posted July 4, 2019 I was never in. Did you sell or hold? Quote Link to comment Share on other sites More sharing options...
Legojona Posted July 8, 2019 Share Posted July 8, 2019 (edited) On 7/4/2019 at 1:41 PM, Val-E said: I was never in. Did you sell or hold? I work via specific scenarios that I plan beforehand. I sold about 75% of my holdings untill the 2017 peak and bought most of it back at a lower price in 2018. Still have considerable holdings, but used most of my fiat winnings to buy plastic bricks and most importantly an actual brick building to live in. Used most of my knowledge to get a master degree and managed to get my graduation thesis on bitcoin mining published in a peer reviewed journal last year. I believe blockchain is about more than just some speculation so will stay invested in it. I think it is the next iteration of the internet. Of my total assets it is about 25% now, but that is down from about 95% in 2017 since I started with almost nothing. As a new entrant I would recommend people to never invest what they cannot miss and even then not more than 10% of their assets. I'm a risk taker so I'll go for 25% Edited July 8, 2019 by Legojona 3 Quote Link to comment Share on other sites More sharing options...
Val-E Posted July 8, 2019 Share Posted July 8, 2019 I sold a PS 10218 at the weekend and didn´t lose money, so all good! 1 Quote Link to comment Share on other sites More sharing options...
Legojona Posted July 9, 2019 Share Posted July 9, 2019 On 7/8/2019 at 2:52 PM, Val-E said: I sold a PS 10218 at the weekend and didn´t lose money, so all good! Well done Quote Link to comment Share on other sites More sharing options...
spener90 Posted October 14, 2019 Share Posted October 14, 2019 (edited) Can we get a mod in here? ☝️ Edit: Thanks! Edited October 14, 2019 by spener90 Quote Link to comment Share on other sites More sharing options...
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