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

coolshannagh28 · 21-12-2018 10:28PM

Bitcoin may survive when the dollar collapses next year and investors are looking for a safe haven , however it will need to stabilize or trade in a range if it is to become attractive as a reserve currency .

sexmag · 21-12-2018 11:32PM

coolshannagh28 wrote: »

Bitcoin may survive when the dollar collapses next year and investors are looking for a safe haven , however it will need to stabilize or trade in a range if it is to become attractive as a reserve currency .

If the dollar collapses as you say then Bitcoin may or may not be unattainable if the dollar is worthless.

coolshannagh28 · 22-12-2018 12:00AM

sexmag wrote: »

If the dollar collapses as you say then Bitcoin may or may not be unattainable if the dollar is worthless.

Bitcoin cant survive as a speculative asset , its too volatile , but with gold could form some sort of reserve . However if there is a dollar collapse Bitcoin indeed could rocket in value but it would not be a currency and its inherent volatility would eventually scupper it .

q85dw7osi4lebg · 23-12-2018 02:40AM

Eth is on some rally !

sexmag · 23-12-2018 10:00AM

Gerald Obedient Manicurist wrote: »

Eth is on some rally !

The whole market is.

My ShipChain has doubled since I bought some.

Think it's time to sell and get myself a nice xmas present

Grumpypants · 23-12-2018 11:58AM

Trading seems to bite me everytime. Though i was great buying at 89 and selling at 99. Woke up to 116!!

VonZan · 23-12-2018 12:08PM

coolshannagh28 wrote: »

Bitcoin may survive when the dollar collapses next year and investors are looking for a safe haven , however it will need to stabilize or trade in a range if it is to become attractive as a reserve currency .

Bitcoin will never become a reserve currency. No government will buy BitCoin because it's far too unsecure and not usuable in the same way fiat currency is.

Some of the third generation coins have potential but the cost of mining Bitoin far outweighs the benefits. Some of the newer coins like SkyCoin and some others have huge potential on paper but we're about another 10-15 years before first world governments start to explore

sexmag · 23-12-2018 12:14PM

So yeah sold my coin for ETH and it double my initial investment and I've now bought myself a drone.

The Mrs won't be happy but hey it's Christmas and money I made from a small amount put in.

Merry Christmas everyone

Grumpypants · 23-12-2018 12:17PM

Stay away from Gatwick

Dohnjoe · 23-12-2018 01:38PM

Nermal wrote: »

You're going to 'invest' in a stablecoin?

With certain stable-coins it's possible to invest in their "collateral". A token representing the collateral can increase or decrease in value

Truckermal · 24-12-2018 10:28AM

Should have bought ETH last week.

JJJJNR · 24-12-2018 01:55PM

Gainzzzz

Grumpypants · 24-12-2018 02:08PM

Now it's up 90% where are all the doubters who claimed it was dead after dropping 90% gone

JohnnyFlash · 24-12-2018 02:55PM

Grumpypants wrote: »

Now it's up 90% where are all the doubters who claimed it was dead after dropping 90% gone

You do realise a 90% gain isn’t the same as a 90% drop???

dickface · 24-12-2018 03:02PM

Crypto is back, **** the haters!!! They just don't understand the potential!! Losers come on here to laugh at other people's loses haha, well who is laughing now!

TheAnalyst_ · 24-12-2018 03:14PM

hahahaha I love it. I've certainly got egg on my face now.

JJJJNR · 24-12-2018 03:15PM

It's going well, I'd say it'll be back to 160 /180 before this weekend.

24-12-2018 03:17PM

https://www.lamborghini.com/en-en

JJJJNR · 24-12-2018 03:19PM

Pizza time !

Bob24 · 24-12-2018 03:35PM

Deleted User wrote: »

https://www.lamborghini.com/en-en

You’re so 2018 and lacking ambition ... https://dearmoon.earth

Dohnjoe · 24-12-2018 05:40PM

dickface wrote: »

Crypto is back, **** the haters!!! They just don't understand the potential!! Losers come on here to laugh at other people's loses haha, well who is laughing now!

Your chart starts in end 2017 during the mania. Many of us bought cryptos in the preceding 6 or 7 years. For example, I bought a batch of Ethereum early last year at 9 euros each. We're in a bad bear market, and it could all go to dust, but that's a 1400% return from a trade ticket just last year. I wouldn't be grave-dancing on crypto just yet (then again I'm not expecting much to happen, if at all, for the next few years)

Grumpypants · 24-12-2018 05:54PM

Dohnjoe wrote: »

Your chart starts in end 2017 during the mania. Many of us bought cryptos in the preceding 6 or 7 years. For example, I bought a batch of Ethereum early last year at 9 euros each. We're in a bad bear market, and it could all go to dust, but that's a 1400% return from a trade ticket just last year. I wouldn't be grave-dancing on crypto just yet (then again I'm not expecting much to happen, if at all, for the next few years)

Yeah it's 90% down when it suits them. They forget for most it's well over 1000% up.

dickface · 24-12-2018 06:10PM

Dohnjoe wrote: »

Your chart starts in end 2017 during the mania. Many of us bought cryptos in the preceding 6 or 7 years. For example, I bought a batch of Ethereum early last year at 9 euros each. We're in a bad bear market, and it could all go to dust, but that's a 1400% return from a trade ticket just last year. I wouldn't be grave-dancing on crypto just yet (then again I'm not expecting much to happen, if at all, for the next few years)

Grumpypants wrote: »

Yeah it's 90% down when it suits them. They forget for most it's well over 1000% up.

ahh right my bad i forgot MANY/MOST bought around 9, my bad i was being totally disingenuous hiding the rest.

TheAnalyst_ · 24-12-2018 06:33PM

Yeah everyone here did most of their crypto buying in 2011-12. Very few if any jumped in during January 2018.

Grumpypants · 24-12-2018 07:04PM

dickface wrote: »

ahh right my bad i forgot MANY/MOST bought around 9, my bad i was being totally disingenuous hiding the rest]

Apology accepted.

Dohnjoe · 24-12-2018 09:49PM

dickface wrote: »

ahh right my bad i forgot MANY/MOST bought around 9

Yup and many bought between 9 and 130. Also many sold at a profit along the way. Not all "2018 suckers"

I like the cynical posts but they do have a tendency to dry up if/when the market goes parabolic. As for the prices, could go to nothing, or Eth could be 1k next year.. who knows, it's crypto

sexmag · 24-12-2018 10:03PM

It's interesting that the stock market has had its worst December since 1931 and crypto is ending it's December on a high and cancelling out any loss of the month.

Any correlation? Maybe

Coincidence? Probably

But with trump attack the federal reserve and the US economy doing with it can to not over heat there may be more money put into crypto in 2019 by people who are afraid they may lose what they already have or will want to try and make some gains.

Anyway I hope some people made money this month,I bought in mid December and nearly doubled what I put in. Let the cynics talk about it being a bounce or whatever,we can all have a drink and ring in the new year either way

Merry Christmas everyone

cnocbui · 24-12-2018 10:56PM

TheAnalyst_ wrote: »

Yeah everyone here did most of their crypto buying in 2011-12. Very few if any jumped in during January 2018.

Early 2016 till Nov 2017.

Truckermal · 25-12-2018 12:47PM

Big dump last night!

JohnnyFlash · 25-12-2018 12:49PM

Truckermal wrote: »

Big dump last night!

That’s what too much beer does to a lad!

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

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