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Is anyone else starting to become a bit worried? mod note in first post

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Comments

  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    lsjmhar wrote: »
    Crypto is dying. Not one project has delivered a usable project so any investments in this area is the preserve of lunatics. Complete linux scheme. That is why the price is down +80%. Nobody investing in imaginary money. Also, but $Vites, the coin for all future freelance workers!!!

    Down 80 from last January,up 40% from the beginning, do you research before you spout shoiiite

    Also many projects have delivered usable projects, it's been shown enough times now in this thread I think people like you are intentionally ignoring it


  • Closed Accounts Posts: 399 ✭✭lsjmhar


    Can I give me a link to a usable product please. I wanna buy!


  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR




  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    lsjmhar wrote: »
    Crypto is dying. Not one project has delivered a usable project so any investments in this area is the preserve of lunatics. Complete linux scheme. That is why the price is down +80%. Nobody investing in imaginary money. Also, but $Vites, the coin for all future freelance workers!!!

    Do you even linux bro.


  • Closed Accounts Posts: 399 ✭✭lsjmhar


    We already have that. Called YouTube! 😂😂😂


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  • Closed Accounts Posts: 399 ✭✭lsjmhar


    JJJJNR wrote:
    Do you even linux bro.


    Ponzi scheme


  • Registered Users, Registered Users 2 Posts: 5,782 ✭✭✭el diablo


    lsjmhar wrote: »
    Ponzi scheme

    Educate yourself kiddo. Start with learning the definition of "Ponzi scheme".

    Orange pilled.



  • Closed Accounts Posts: 399 ✭✭lsjmhar


    el diablo wrote:
    Educate yourself kiddo. Start with learning the definition of "Ponzi scheme".

    This is a complete ponzi scheme. All the people that put money in in 2017 caused a massive run. That money was all pulled out by those who profited. There are no new people to put money in, therefore the prices have collapsed +80%. A monkey can see this!!

    No new suckers to keep the charade going. I followed a few of these ICO companies on medium and they have managed to produce nothing. They have no idea what they are doing but are sitting on $50m for the next 10 years pretending they are going in the right direction.


  • Closed Accounts Posts: 399 ✭✭lsjmhar


    The Wolf of Wall Street is on tonight. Watch it. It will explain how this is works!!!


  • Moderators, Society & Culture Moderators Posts: 15,904 Mod ✭✭✭✭smacl


    Im talking about post 2023 we wont see dub 100 again. We might see 60 before Jan is out.

    All depends on successful transition to PoS and implementation of sharding while remaining robust. These are not small hurdles and I'd guess the price will have many ups and downs until they're crossed. I'd be surprised if both are achieved this year.


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  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    lsjmhar wrote: »
    This is a complete ponzi scheme. All the people that put money in in 2017 caused a massive run. That money was all pulled out by those who profited. There are no new people to put money in, therefore the prices have collapsed +80%. A monkey can see this!!

    You know it was the bitcoin AI communicating with oumuamua.


  • Registered Users, Registered Users 2 Posts: 8,232 ✭✭✭Grumpypants


    lsjmhar wrote: »
    This is a complete ponzi scheme. All the people that put money in in 2017 caused a massive run. That money was all pulled out by those who profited. There are no new people to put money in, therefore the prices have collapsed +80%. A monkey can see this!!

    No new suckers to keep the charade going. I followed a few of these ICO companies on medium and they have managed to produce nothing. They have no idea what they are doing but are sitting on $50m for the next 10 years pretending they are going in the right direction.

    If you think you are the first "hilarious" informed poster with the same ponzi dribble you aren't. Plenty have shown up, shown their ignorance on the subject and vanished off down another fruitless troll path after a day or two.


  • Registered Users, Registered Users 2 Posts: 18,982 ✭✭✭✭Dohnjoe


    lsjmhar wrote: »
    This is a complete ponzi scheme. All the people that put money in in 2017 caused a massive run. That money was all pulled out by those who profited. There are no new people to put money in, therefore the prices have collapsed +80%. A monkey can see this!!

    No new suckers to keep the charade going. I followed a few of these ICO companies on medium and they have managed to produce nothing. They have no idea what they are doing but are sitting on $50m for the next 10 years pretending they are going in the right direction.

    There have been many peaks and crashes. BTC is worth a hell of a lot more than it was in 2016, which in turn is worth a lot more than it was in 2012, and so on. Ignoring the extremes, it's value is consistently rising. If it is a ponzi, it's taking it's sweet time to reach the final collapse point

    Also if you truly believe it's nothing but a ponzi, determined to fail, why don't you bet against it? plenty of ways to short the market


  • Banned (with Prison Access) Posts: 1,001 ✭✭✭The Enbalmer


    lsjmhar wrote: »
    This is a complete ponzi scheme. All the people that put money in in 2017 caused a massive run. That money was all pulled out by those who profited. There are no new people to put money in, therefore the prices have collapsed +80%. A monkey can see this!!

    No new suckers to keep the charade going. I followed a few of these ICO companies on medium and they have managed to produce nothing. They have no idea what they are doing but are sitting on $50m for the next 10 years pretending they are going in the right direction.

    If you think you are the first "hilarious" informed poster with the same ponzi dribble you aren't. Plenty have shown up, shown their ignorance on the subject and vanished off down another fruitless troll path after a day or two.

    You shrewd investor types..so rational and articulate.


  • Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    You shrewd investor types..so rational and articulate.

    So incredibly insightful. We've all learned from you imparting your knowledge. What a happy accident that was you turning up here rather than After Hours.


  • Banned (with Prison Access) Posts: 1,001 ✭✭✭The Enbalmer


    You shrewd investor types..so rational and articulate.

    So incredibly insightful. We've all learned from you imparting your knowledge. What a happy accident that was you turning up here rather than After Hours.

    What's the "we" business?

    Either you're attempting to Hide In The Crowd or you're hearing voices again.

    Tell me..are the voices telling you to HODL? 😂


  • Registered Users, Registered Users 2 Posts: 21,017 ✭✭✭✭cnocbui


    What's the "we" business?

    Either you're attempting to Hide In The Crowd or you're hearing voices again.

    Tell me..are the voices telling you to HODL? ��

    I agree with him wholeheartedly, so he speaks for me also with the minimum number for a 'we' now being firmly established.


  • Moderators, Society & Culture Moderators Posts: 15,904 Mod ✭✭✭✭smacl


    cnocbui wrote: »
    I agree with him wholeheartedly, so he speaks for me also with the minimum number for a 'we' now being firmly established.

    Likewise.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    What's the "we" business?
    This may be hard for you to follow, but you gave a snarky response to Grumpypants. makeorbrake then replied to you. Those two posters agreeing with eachother is sufficient to be considered a "we". Just like your post is considered to be a "shít".

    What's an "Enbalmer" by the way?
    I'd thought you were being facetious when you brought up the articulate nature of crypto investors but I guess not if you've been pronouncing Embalm as Enbalm. You'd get more help on a linguistics forum to be honest, as much as we'd like to be of help this forum is really meant for cryptocurrency chat.


  • Registered Users, Registered Users 2 Posts: 8,239 ✭✭✭Pussyhands


    It has been tracking pretty close to its historical charting. It predicted this false dawn, and another crash from now to the end of Jan. Even below the previous low. But that is then the final bottom and it is a slow burn to 2023 and 300K+

    Either way I sold out 40% of my holding at around €120 for ETH and will hopefully buy back in. Anything under €100 will be nice. We will never see sub 100 again.

    If you're so confident in your belief that BTC is going to 300k, why worry about the difference between 120 and 100 for ETH?


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  • Registered Users, Registered Users 2 Posts: 21,017 ✭✭✭✭cnocbui


    Pussyhands wrote: »
    If you're so confident in your belief that BTC is going to 300k, why worry about the difference between 120 and 100 for ETH?

    I took the 300K to be a variant of the moon joke.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Pussyhands wrote: »
    If you're so confident in your belief that BTC is going to 300k, why worry about the difference between 120 and 100 for ETH?

    Head back over to the property forum and ask those who'd bought when it had crashed 50% why they didn't buy when it was down 40-45%.

    "If you're confident in the long term value either way, why not make less money?" - Pussyhands


  • Registered Users, Registered Users 2 Posts: 8,232 ✭✭✭Grumpypants


    Pussyhands wrote: »
    If you're so confident in your belief that BTC is going to 300k, why worry about the difference between 120 and 100 for ETH?

    Sell 5 at 120 and buy them back at 100 and you can get an extra 1 ETH. It Increases the overall total number of ETH without investing additional funds. Even if ETH only gets back to 1k, that 1 ETH is a free 1k for pressing a few buttons.

    But mainly I like messing about in the trading pond with a relatively small amount. Majority of my investing is long term, this is just play time.

    I did the same when i felt the stock market had over run. Sold my shares when they were $136 each and bought back a few months later at $71. Same money invested but almost double the number of shares. They have just passed $92 on the way back up now.


  • Moderators, Society & Culture Moderators Posts: 15,904 Mod ✭✭✭✭smacl


    Sell 5 at 120 and buy them back at 100 and you can get an extra 1 ETH. It Increases the overall total number of ETH without investing additional funds. Even if ETH only gets back to 1k, that 1 ETH is a free 1k for pressing a few buttons.

    But mainly I like messing about in the trading pond with a relatively small amount. Majority of my investing is long term, this is just play time.

    I did the same when i felt the stock market had over run. Sold my shares when they were $136 each and bought back a few months later at $71. Same money invested but almost double the number of shares. They have just passed $92 on the way back up now.

    I'm crap at that game and more often manage to do the same in reverse :p At this stage I'm more into picking up some extra coins here or there that I think may do well or I just like the look of, notably ETH and IOTA. I think if ETH manages to overcome the technical hurdles it will likely jump in price and then grow steadily, assuming it isn't beaten to the punch by something newer. In my opinion, this is certainly not a given, but the likelihood seems quite good for the potential return. The amount I spend on crypto represents a small fraction of what I'd put into my pension fund, and as such seems like an entirely reasonable high risk investment.


  • Banned (with Prison Access) Posts: 1,001 ✭✭✭The Enbalmer


    grindle wrote: »
    This may be hard for you to follow, but you gave a snarky response to Grumpypants. makeorbrake then replied to you. Those two posters agreeing with eachother is sufficient to be considered a "we". Just like your post is considered to be a "shít".

    What's an "Enbalmer" by the way?
    I'd thought you were being facetious when you brought up the articulate nature of crypto investors but I guess not if you've been pronouncing Embalm as Enbalm. You'd get more help on a linguistics forum to be honest, as much as we'd like to be of help this forum is really meant for cryptocurrency chat.

    Hell hath no fury like a victim of a pyramid scheme!

    :rolleyes:

    Keep on HODLing though..your rocket to the moon is due any minute..we (by which i mean anybody who hasn't wasted money on cryptocurrency) don't understand the tech..this time it's different and you're all "long-term" investors.

    I remember similar nonsense from victims of the Telecom Eireann scam...when they realised they had been suckered (not that they'd admit it) they turned nasty.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    Hell hath no fury like a victim of a pyramid scheme!

    :rolleyes:

    Keep on HODLing though..your rocket to the moon is due any minute..we (by which i mean anybody who hasn't wasted money on cryptocurrency) don't understand the tech..this time it's different and you're all "long-term" investors.

    I remember similar nonsense from victims of the Telecom Eireann scam...when they realised they had been suckered (not that they'd admit it) they turned nasty.

    An account set up yesterday and focuses entirely on commenting in the after hours and cryptocurrency forum with nothing but negative garbage.....hmmm me thinks we know who this is


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Hell hath no fury like a victim of a pyramid scheme!

    :rolleyes:

    Keep on HODLing though..your rocket to the moon is due any minute..we (by which i mean anybody who hasn't wasted money on cryptocurrency) don't understand the tech..this time it's different and you're all "long-term" investors.

    I remember similar nonsense from victims of the Telecom Eireann scam...when they realised they had been suckered (not that they'd admit it) they turned nasty.

    We get it, you don't have enough money to invest in crypto. Let us have our fun and our Lambos.


  • Registered Users, Registered Users 2 Posts: 8,232 ✭✭✭Grumpypants


    Hell hath no fury like a victim of a pyramid scheme!

    :rolleyes:

    Keep on HODLing though..your rocket to the moon is due any minute..we (by which i mean anybody who hasn't wasted money on cryptocurrency) don't understand the tech..this time it's different and you're all "long-term" investors.

    I remember similar nonsense from victims of the Telecom Eireann scam...when they realised they had been suckered (not that they'd admit it) they turned nasty.

    I "wasted" €1500 crypto in Jan 2017.

    Took out 5k in cash.
    Spent 3k on a holiday for the family
    Paid off my car loan
    Bought a PS4 pro, xbox one X, nintendo switch, 4k sony bravia, oculus rift and a bunch of games.
    Paid the mortgage and bills for 9 months while the missus was on maternity leave.

    And i still have about 6k wasting away in a fake money ponzi scheme after the 90% crash.

    Boy i hate being a sucker!!


  • Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    Boy i hate being a sucker!!

    I got similarly suckered. Perhaps we can set up a support group? :pac:

    It could be quite cathartic to gather round on a cowuld dark January evening and swap stories of crypto-abuse. If someone can bring the teabags (make sure they're pyramid!), I;ll bring a package of Lincoln biscuits.


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  • Registered Users, Registered Users 2 Posts: 3,421 ✭✭✭griffdaddy


    I "wasted" €1500 crypto in Jan 2017.

    Took out 5k in cash.
    Spent 3k on a holiday for the family
    Paid off my car loan
    Bought a PS4 pro, xbox one X, nintendo switch, 4k sony bravia, oculus rift and a bunch of games.
    Paid the mortgage and bills for 9 months while the missus was on maternity leave.

    And i still have about 6k wasting away in a fake money ponzi scheme after the 90% crash.

    Boy i hate being a sucker!!

    Super Nintendo, Sega genesis, when I was dead broke man I couldn't picture this.

    Lunches, brunches, interviews by the pool
    Considered a fool 'cause I joined up to blockpool


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