Official Bitcoin & Cryptocurrency Discussion Thread

[Sugar Adam Ali]

Don't be a weirdo to me cuz you can't grasp the concept of buying into a currency or cuz I don't wanna help a cat like you understand anything let alone give you buying tips to make money via crypto.

I'll just look forward to our bet being resolved from this point on.

Tell me since you won’t answer any of my questions even though you fancy your self a specialist.


Tells us the difference between ripple and etherum.

Which one is the stronger buy, and what data do you base it on?

[Adamjr91]

Tell me since you won’t answer any of my questions even though you fancy your self a specialist.


Tells us the difference between ripple and etherum.

Which one is the stronger buy, and what data do you base it on?

Are you serious? Bother to do a moments reading on either and you will have your answer.

[.!WAR MIKEY!.]

[////]

That was an awesomely predictable bounce to buy into.

It was pure market manipulation due to a closing futures contract but the media blamed the (impossible) nonsense about a cryptocurrency ban. That's why USD or Tether or whatever can be useful shorterm while waiting for the bottom then buying in while everyone else is either panic selling or waiting for their fiat deposits to clear.

[////]

Tell me since you won’t answer any of my questions even though you fancy your self a specialist.


Tells us the difference between ripple and etherum.

Which one is the stronger buy, and what data do you base it on?

Ethereum is better.

Ethereum, NEO, VEN/VET are poised to become vast groundworks for hundreds of thousands of smaller projects to be built on.

XRP is a currency of questionable utility because Ripple's flagship product doesn't clearly utilize it. Not saying it won't be integrated more than it is now but it's more of a speculative gamble than Ether is.

[Adamjr91]

Pop to the upside

What are you holding, if anything?

That was an awesomely predictable bounce to buy into.

It was pure market manipulation due to a closing futures contract but the media blamed the (impossible) nonsense about a cryptocurrency ban. That's why USD or Tether or whatever can be useful shorterm while waiting for the bottom then buying in while everyone else is either panic selling or waiting for their fiat deposits to clear.

Yh it was glaringly obvious. Bundles were made on the bounce

'Market manipulation' is a little strong. The market correction was wholly natural after the epic bull run of dec 17.

[.!WAR MIKEY!.]

Pop to the upside

What are you holding, if anything?

I pm'd you something, I dont want these nerds here to get the insider information lmfao lol but yeah I mdae nice profits out of btc, I dipped on it when it 18k I was more than happy with the profits

[Sugar Adam Ali]

Are you serious? Bother to do a moments reading on either and you will have your answer.

Tell me the difference, what data do you use to predict growth?

[Sugar Adam Ali]

Ethereum is better.

Ethereum, NEO, VEN/VET are poised to become vast groundworks for hundreds of thousands of smaller projects to be built on.

XRP is a currency of questionable utility because Ripple's flagship product doesn't clearly utilize it. Not saying it won't be integrated more than it is now but it's more of a speculative gamble than Ether is.

See my thing is the blockchain technology is valuable though no one yet has monetized it yet.

The cryptos I see created, have no value except what people are willing to pay for them.


People are buying in the hopes that other people will one day buy them at a higher price. It has no intrinsic value to establish a price, it’s all peoples opinions that drives price.

I get that the technology behind cryptos has applications that can provide value, but a crypto itself, I’m not sure..


People say that it has uses, and major companies will use them for transactions, which may be true, but I hardly doubt J.P. Morgan, amazon, etc is gonna pay 10k for a coin to send one transaction.

If anything, major companies will just create their own and use them and never even have to turn them public.
Like visa is gonna use ripple and pay market prices when they could create their own crypto to do the same thing

I have no doubt that this technology will be used, I just highly doubt any company will adopt anything but there own, which means bitcoin and all the alt coins are only worth what someone is willing to pay..


It’s a very hot speculative market, but in the end it will be worth what someone is willing to pay.

I have been on the fence for awhile, but as a long term successful stock n real estate investor, I don’t see what drives value besides people speculating and hoping someone pays more in the future.

They say it’s a finite supply... false as unlimited cryptos can be and will be created


They say it has applications for big business transactions. False, big business will just create their own, just like Kodak did and the thousand plus alt coin companies.


I have asked this question many times, but what drives value besides what people are willing to pay in a speculative manner?
If someone can answer that with actual logic, data, etc then I will be more opened minded.
But I have dissected this cryptocurrency investment a million different ways over the past few months, and can never get those answers.

Cryptos are a decentralized Ponzi, that requires new investors and in bigger numbers to keep the price rising, unless someone can prove otherwise

[Sugar Adam Ali]

https://slate.com/technology/2018/01...ute-sales.html