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

Autochange

Bear markets
Fud
Regulation
Wall Street manipulation
The supposed tether ticking time bomb

What are your thoughts? Have you cashed out? Have you been buying the dips?

MOD NOTE:
Its good to see healthy debate and discussion taking place and I am sure every supporter of cryptocurrency and blockchain can agree that the contrarian viewpoint is worthwhile reading, if only to act as an anchor and help prevent investors from getting carried away in an echo chamber of "everything is wonderful, just keep going"

However, there have been a few reported posts recently which I did not action as I wanted to see the thread level out itself rather than start forcing viewpoints and I have been in two minds about that decision.

I'm not going to single any posters out but I'm going to ask that all posters read the forum charter and I want to point out that it was established years ago in the Television forum, that dropping in on a forum to tell the followers of that forums topic (in that case a particular tv show) that it was all crap and only idiots watched it etc etc was the exact definition of being a dick and attempting to troll. I know this because I was the mod of the forum at the time. Now look at the forum charter again.

There is pretty much one rule on this forum : if you cannot discuss in a civil manner, and I mean discuss, not soapbox or attack, then you have absolutely no business posting here and I have no qualms about removing your ability to do so.

This forum is for people that have in interest in cryptocurrencies, blockchain and their application to financial investments. that can be positive or negative but if you really feel the need to start pulling out memes / hiding insults in imaginary hashtags / attacking personalities or just generally being a dick there are other forums you can post in where I will let the local mods determine if it is within the scope of allowable behaviour. Here, it is not.

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coolshannagh28

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

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

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

Eth is on some rally !

sexmag

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

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

VonZan

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

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

Stay away from Gatwick

Dohnjoe

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

Should have bought ETH last week.

JJJJNR

Gainzzzz

Grumpypants

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

JohnnyFlash

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

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_

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

JJJJNR

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

[Deleted User]

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

JJJJNR

Pizza time !

Bob24

Deleted User wrote: »

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

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

Dohnjoe

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

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

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_

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

Grumpypants

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

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

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

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

Big dump last night!

JohnnyFlash

Truckermal wrote: »

Big dump last night!

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