krypto is sinking faster than the titanic

[Darkhare]

I'm out once it corrects. Too much corruption. It's easily rigged

[phillyfreak7]

i find it so hillarious all those idiots who invested in bitcoin are al over the web begging people to invest to increase the value of bitcoin.

just lol.

If it was so legit and bitcoin is definately going to rise - why are you begging people to invest in it? Something you didn't do when you invested in bitcoin and wanted to 'keep that secret' to yourself?

You do realize the market cap is 200 billion dollars, right? Your $100-$1000 invested doesn't even move the price a fraction of a cent.

[milesgiles1]

Based on your responses in here, you are beyond delusional if you think you understand Bitcoin. You think you know, but I can absolutely promise you that you don't.

If you decide to humble yourself a bit, I'd recommend Andreas Antonopoulos on YouTube.

Intellectual curiosity lol... As a general rule, the fastest way to learn or be proficient in something is to listen to people who are massively successful at whatever it is you're attempting to learn/do

Just read his wiki page and he is such an expert that he never bought or profited from a single bitcoin? That's how much faith he had in it? His fans organised a collection for him??!!

It just gets better and better..

[milesgiles1]

I tell you what, rather than argue about obscure geeks, why don't you tell me in your own words the single immutable, unarguable, fiscally significant advantage of blockchain. I've asked three times and haven't had an answer. Show me how much I don't understand.

Go.

[fishnbrah]

stay mad. and stay average brokeboi

ah yes standard response to any question asked about crypto.

[doughnutking]

I know a guy who just put his whole life savings into several mining rigs, I think he spent around $15k and bought about 40 graphics cards etc.

This is what his exact words were to me "When I make a fortune people will say I got lucky...but I know what i'm doing... i'm going to be rich all whilst laughing at the peasants who think i'm an idiot"

He is already acting like he has made it.

Maybe he will... fuc knows.

[Bulkytheboot]

it'll definitely crash at some point, but will eventually go back up when people actually use it for it's real purpose instead of a get rich quick scheme.

[LobsterRageFist]

I bought $5,000 worth of XRP/Ripple today at $1.02 a share.

I'm planning on holding for at least 5 years. If I lose all or some of my investment between now and then I'm OK with it.

If it goes up exponentially, I'm OK with that too.

[Bulkytheboot]

I know a guy who just put his whole life savings into several mining rigs, I think he spent around $15k and bought about 40 graphics cards etc.

This is what his exact words were to me "When I make a fortune people will say I got lucky...but I know what i'm doing... i'm going to be rich all whilst laughing at the peasants who think i'm an idiot"

He is already acting like he has made it.

Maybe he will... fuc knows.

he's a little late.

[fishnbrah]

I'm out once it corrects.

but what if its correcting now by dropping more thousands till its at 2016 level

[xLGx]

lol everything will be normal within a week.

If you bought the dips today, congratulations.

[shoelaces]

I tell you what, rather than argue about obscure geeks, why don't you tell me in your own words the single immutable, unarguable, fiscally significant advantage of blockchain. I've asked three times and haven't had an answer. Show me how much I don't understand.

Go.

You are stinging together words that you don't even know the definition of. That is the most clunky sentence I have ever read. But if you are asking why cryptography and blockchain has an advantage over the current system, I will break it down for you.

Since transactions are kept in a decentralized ledger, it cannot be falsified or controlled by a single entity. Meaning you are in control of your own assets. Without having to rely on an overseeing entity like banks or the government. Transactions also occur much faster than traditional wire transfers.

Not to mention smart contracts that can be executed on these platforms. We are basically at the 56k stage of blockchain technology. Wait until it matures in a few years, it will be incorporated into everything. Mastercard is already developing their own blockchain ledger to keep track of transactions.

The old way of keeping records are going to be obsolete. Hospitals are jumping on board as well to keep track of the enormous amount of patient records they have on hand.

[fishnbrah]

it'll definitely crash at some point, but will eventually go back up when people actually use it for it's real purpose instead of a get rich quick scheme.

what is its real purpose?

[doughnutking]

he's a little late.

Really? I know very little about it.

He went from being depressed in his job and telling me that he was going to find a new career to make more money. To suddenly investing all of his money in these rigs, putting them in his spare bedroom and sitting there like he is the next Warren Buffett.

He is already talking about quitting his job in a few months. srs

He actually annoyed me because he's gone from being depressed to "lol i'm going to be rich and i'll laugh at the poverty peasants in this world when i'm getting sucked off by 10/10's in French Polynesia."

[fishnbrah]

I know a guy who just put his whole life savings into several mining rigs, I think he spent around $15k and bought about 40 graphics cards etc.

This is what his exact words were to me "When I make a fortune people will say I got lucky...but I know what i'm doing... i'm going to be rich all whilst laughing at the peasants who think i'm an idiot"

He is already acting like he has made it.

Maybe he will... fuc knows.

how old is he

[doughnutking]

You are stinging together words that you don't even know the definition of. That is the most clunky sentence I have ever read. But if you are asking why cryptography and blockchain has an advantage over the current system, I will break it down for you.

Since transactions are kept in a decentralized ledger, it cannot be falsified or controlled by a single entity. Meaning you are in control of your own assets. Without having to rely on an overseeing entity like banks or the government. Transactions also occur much faster than traditional wire transfers.

Not to mention smart contracts that can be executed on these platforms. We are basically at the 56k stage of blockchain technology. Wait until it matures in a few years, it will be incorporated into everything. Mastercard is already developing their own blockchain ledger to keep track of transactions.

The old way of keeping records are going to be obsolete. Hospitals are jumping on board as well to keep track of the enormous amount of patient records they have on hand.

and how will this affect bitcoin / ethereum prices or won't it?

[doughnutking]

how old is he

He is 38.

[W1LLW]

i find it so hillarious all those idiots who invested in bitcoin are al over the web begging people to invest to increase the value of bitcoin.

just lol.

If it was so legit and bitcoin is definately going to rise - why are you begging people to invest in it? Something you didn't do when you invested in bitcoin and wanted to 'keep that secret' to yourself?

I personally hope you all don't invest in it. It will give me more people to point and laugh at. You nocoincels fall behind more and more year after year.

[shoelaces]

and how will this affect bitcoin / ethereum prices or won't it?

No one knows for sure. BTC could be the Amazon or AOL equivalent. But the trend in 2018 seem to be focused on smart contracts and partnerships, rather than seeing cryptos as a store of value.

So platforms like ETH could really take off in the next few years. But like I said, no one knows for sure and don't let anyone convince you of a "sure thing". The only thing that is for certain is that the market will keep growing for the time being as a whole.

Just don't bet your life savings on a single coin. Invest in projects that have real life usage and a good team behind it. Don't chase fad coins due to hype. Do your research.

[Bulkytheboot]

what is its real purpose?

a free market global currency. bitcoin is definitely the future, but right now it's just a hype train with no one really using it or even understanding it.

[rhadam]

I bought $5,000 worth of XRP/Ripple today at $1.02 a share.

I'm planning on holding for at least 5 years. If I lose all or some of my investment between now and then I'm OK with it.

If it goes up exponentially, I'm OK with that too.

Ripple not bad investment. I'm picking up NEO and ICX heavy on this dip.

[shoelaces]

a free market global currency. bitcoin is definitely the future, but right now it's just a hype train with no one really using it or even understanding it.

Plenty of people use it and plenty of people have a good grasp of it. But it is the early days. Think back when the internet first started. People thought it would never take off because there was nothing on the internet aside from usenet groups and shoddily put together webpages.

Cryptos are also at this wild west stage right now. But that is the exact environment where creativity thrives since there are no constraints or restrictions on what you can achieve at the moment.

I am a firm believer in cryptography and blockchain technology. There are coins coming out that are already resistant to quantum chips, if you are worried about that. The future looks bright for sure.

Just don't get caught up in chit coins pushed by fraudsters. Like in any industry there will be scammers out there trying to steal from the ignorant.

[Bulkytheboot]

Plenty of people use it and plenty of people have a good grasp of it. But it is the early days. Think back when the internet first started. People thought it would never take off because there was nothing on the internet aside from usenet groups and shoddily put together webpages.

Cryptos are also at this wild west stage right now. But that is the exact environment where creativity thrives since there are no constraints or restrictions on what you can achieve at the moment.

I am a firm believer in cryptography and blockchain technology. There are coins coming out that are already resistant to quantum chips, if you are worried about that. The future looks bright for sure.

Just don't get caught up in chit coins pushed by fraudsters. Like in any industry there will be scammers out there trying to steal from the ignorant.

For sure, I'm with you. I just think the price atm is greatly overvalued because most people just jumped in to ride the get rich quick train. I sold mine already weeks ago and will buy more and start using them again after it crashes.

[RocknRollMuscle]

You do realize the market cap is 200 billion dollars, right? Your $100-$1000 invested doesn't even move the price a fraction of a cent.

google dot com bust

When you can guarantee me it will rise continously, let me know.

[phillyfreak7]

Just read his wiki page and he is such an expert that he never bought or profited from a single bitcoin? That's how much faith he had in it? His fans organised a collection for him??!!

It just gets better and better..

This is an absolutely PERFECT response for proving to me how you know absolutely nothing.

google dot com bust

When you can guarantee me it will rise continously, let me know.

Then don't buy then jackass lol. IDC whether you decide to get some. It's a fantastic life-changing platform for billions of people, with or without you. With or without the idiots that have no idea what it even is and still invested.

[anonkunbrah]

how is miscoin holding up?

[AWillis]

analysts predicting bitcoins to hit 100k end of the year for one piece.

[Bulkytheboot]

analysts predicting bitcoins to hit 100k end of the year for one piece.

lmfao

[DeathByLight]

[faxanadu]

Anyone who doesn't understand the significance of crypto ... you fall into the same category as the clueless people of the 1980s that didn't understand the importance of the personal computer.

One easy way to tell something has value is to see if the black market values it. In the case of crypto ... it is huge... and that is simply for its currency aspect.

This stuff will revolutionize the way data is stored and protected. The way the internet runs. The search engine industry. Platforms like youtube. Autonomous systems and businesses. On and on and on.