Bitcoin, and other tulips


#403

So if blockchain currencies become so widespread and accepted as a form of payment does that mean it effectively increases the money supply and cause mass inflation/devaluation of the fiat currencies?


#404

Can I just invent a cyber currency, put a value on it, and have people give me money to buy what is essentially absolutely nothing too?


#405

This is happening a lot, there called ICO’s. The vast majority of cyrptos are pure scams.


#406

What happened?


#407

i’ll have to find out, i haven’t spoken to anyone from that place for a while. i think he sold out a year or two later when it “crashed” early on.

DAYM he would be spewing.


#408

‘But you lose half of it in tax!’ someone, probably


#409

Hardly worth it then…


#410

The Market Cap today cracked $1trillion.

Did anyone grab tron at around 2c and make some massive profit when it went to 30c?
Electroneum is a big mover today and has made me some decent cash (available on Cryptopia).

Also have some money invested in Tron, IOTA, Status and Verge.

It’s a shame i’m a student and don’t have enough cash to make any large profits.


#411

Nice spread of coins. I think they’ll all do well over a 12 month period if you can hold.

Bought into Tron at $0.045 but will hold 6 - 12 mths. Also bought Reddcoin at $0.004.

Tron and reddcoin are my speculative cheap picks for now.

Almost also bought into Poe 2 weeks ago. Kicking myself I didn’t as it was $0.02 but is now $0.20


#412

I bought Tron at $.18 so hoping for another run. Rumours of an announcement this week about a big partership?


#413

Yeah, I’m expecting Tron to rise this next week or two


#414

I’m happy to remain invested in Super Mario Kart coins.


#415

How did everyone go today? Hold on to your XRP?


#416

Hold


#417

Yep, has you thinking though doesn’t it when it dips to $3.20 odd in no time. If you aren’t day trading it’s best to not check too often but like the saga I’m finding it hard to stay away. Holding Stellar as well as a few others.


#418

Double down!


#419

Yep


#420

What makes you say that?


#421

Lack of a fully developed amygdala …?? :smirk:


#424

Why even come into this thread?