Bitcoin currency of the future?

[benebox]

Or the world could move on from crypto because it has not proved to be useable, lots of people have lost money, and people lose interest fast.

Cryptocurrency isn’t some ‘tulip mania’ craze where the world will just lose interest and move on. It's one of the most important technological advances in recent times and has a legit purpose and use in the world. The fact that anyone can argue it’s not usable gives me confidence that it’s still a really good time to invest.

 

[mike sherry]

my dick has the potential to get up in yo moms vag 1000x. but its not likely because id prefer her asshole.

if anyone could actually provide a strong argument that it is LIKELY (i.e. >50%) that those currencies will grow 10x in a year, they'd already have exploded. its crazy to state something like that as if it is known knowledge. it's not.

OMG doesn't even have any working product, at all

 

[Pride23]

Can someone explain to me how there are so many cryptocurrencies and what actually differentiates them or someone from just designing a new one using the same technology. I must not understand because I don't see how most of these don't flame out or how they even have value in general if there could be some many.

 

[Fire Belly]

I have been looking into Tron... still seems like a good buy at 3.5 cents. I could see it going up to 20 cents by next year.

Yeah, I'm sitting on a bunch of it. Get in now and hold it for as long as you can.

 

[HIMBOB]

Cryptocurrency isn’t some ‘tulip mania’ craze where the world will just lose interest and move on. It's one of the most important technological advances in recent times and has a legit purpose and use in the world. The fact that anyone can argue it’s not usable gives me confidence that it’s still a really good time to invest.

So more dot com bubble of 2001.

1300 coins in the world, 1200 of them will be worthless by 2025.

Fyi i am reviewing a few coins currently so not saying its all bad but being realistic important.

Also should mention i was at a lunch recently with a bunch of ex servicemen average age about 75. They all wanted to know about bitcoin.

 

[Reyesnuthugr]

So more dot com bubble of 2001.

1300 coins in the world, 1200 of them will be worthless by 2025.

Fyi i am reviewing a few coins currently so not saying its all bad but being realistic important.

Also should mention i was at a lunch recently with a bunch of ex servicemen average age about 75. They all wanted to know about bitcoin.

I don't know why this bothers people so much. As any market strengthens, the strong products/companies surge and the worthless ones get left behind.

It's a good thing.

--

Did anyone pick den, Drkoop, kozmo or webvan to thrive through the dot-com bubble burst while Ebay, Google, or Amazon died? It's all just a crazy toss of a coin, isn't it?

 

[Luminaire]

@Der Eisbär (Fraudsbar)

last we heard you deftly moved all your holdings to XVG a day before they doubled, turning your $25 into $50... but XVG has fallen from a high of 30 cents back to 15 cents, and I know an investor as skilled as you managed to take profits and parlay them into something even better.

So what are you holding now Der Fraudsbar? And have you already doubled your $50 into your first $100?

 

[BoxingFan123]

Made a pretty penny off of Binance's home coin. As the exchange grows the coins value will rise slightly and be a good avenue to sell your holdings without having to go into btc or eth

 

[Luminaire]

The Crypto's are taking a proper beating today.

All of Der Fraudsbar's gains are being wiped out... almost back to his $25 original investment.

 

[Desdinova]

I don't know why this bothers people so much. As any market strengthens, the strong products/companies surge and the worthless ones get left behind.

It's a good thing.

--

Did anyone pick den, Drkoop, kozmo or webvan to thrive through the dot-com bubble burst while Ebay, Google, or Amazon died? It's all just a crazy toss of a coin, isn't it?

People don't seem to realize or remember that it was a very long and slow recovery after the dot com bubble burst.

 

[Reyesnuthugr]

People don't seem to realize or remember that it was a very long and slow recovery after the dot com bubble burst.

It was eclipsed completely by the housing market bubble crash, which we are still recovering from.

The internet market as a whole didn't suffer too badly from the failed dot coms, those failures were more localized to the collapse of awful start-up companies that were mostly nothing but greed-traps from the start. Amazon didn't get hurt, nor Google or Ebay. Even Myspace was doing great until a better site came by near the end of the 2000's for people to migrate to. Ill management and speculation built on horrible companies is what creates bubbles, the internet as a marketplace was a solid concept the whole time.

 

[Zazen]

The range of people you have here is pretty interesting. You have die hard detractors that are likening cryptos to beanie babies (lmao) and then you have hysterical fan boys that feel they are going to turn $27 into the fortune of their lifetime.

Markets been relatively steady through the weekend holiday, wonder if it picks up or cools off in the new year.

I'm not a fanboy, I put in 27 dollars because its pocket change and if it ends up paying for my flight out to visit my buddy then it is worth it. I'm not like some of these other posters who probably don't have jobs and rely on this stuff to make a living.

 

[Luminaire]

I'm not a fanboy, I put in 27 dollars because its pocket change and if it ends up paying for my flight out to visit my buddy then it is worth it. I'm not like some of these other posters who probably don't have jobs and rely on this stuff to make a living.

Yea you don't seem much like a fan boy, I can't even remember what you put your $27 into.

Anyway, there's plenty of opportunity and money to be made in this unregulated market, but it's risky as hell and most of the cheap coins are nothing more than pump and dump scams.

The only coins I'd consider holding are Bitcoin and Ether, everything else is only worthwhile to ride the wave when the pop happens and then exit at your earliest opportunity.

Like Der Fraudsbar who was boasting about his stake in Verge (XVG)... which went from 10 cents to a high of nearly 30 cents and has since returned back to 10 cents lol. There's no value there, it's just a pump and dump scheme.

So I just caution people from promoting these alt coins as being a steal because unlike you and Der Fraudsbar, other people here might actually throw some real money at it.

 

[SwamiLeoni]

Made a pretty penny off of Binance's home coin. As the exchange grows the coins value will rise slightly and be a good avenue to sell your holdings without having to go into btc or eth

That coin sure did shoot up. Wish I had gotten in earlier.

Still though QASH > BNB.

Liquid Q1. Prime brokerage a little later after that. QUOINEX regulated and QRYPTOS ICO listing platform and Liquid for professional traders.

QASH a liquidity token used on all our services. Blockchain will migrate our exchange. Best performance, low latency and reliable, tailored towards fintech services.

For 2018, many things going to launch. Q1 QRYPTOS self service ICO. World book beta 1 hopefully up. Q2 prime brokerage go live. Mid next year, initial version of QASH blockchain to be available for the public (test net).

2019, QASH token to be top 5 in the next couple of years. Exciting journey and everybody and enjoy and keep us humble! We want to grow and improve with you. We are cognasant. Benefits everyone.

Checkout Mikes (CEO QUOINE) year end AMA.
https://www.reddit.com/r/LiquidQASH/comments/7mmrq5/final_2017_ama_by_mike_dec_28_2017/

Granted, I’m bullish on the coin but I think the World Book will do wonders for the Crypto world.

 

[Oblivian]

Lol at anyone who would take advice from @Der Eisbar. He's exactly the type of guy that you'd expect to jump in on crypto and get burned in the end.

 

[Orgasmo]

When you purchase cryptocurrencies, you're hoping somebody will buy it off of you for a higher price. There is no dividend generated or goods/services produced. They're certainly not going to be the currency of the future, from a volatility and technical standpoint. The argument that supplies are limited is also false, since you can start a million different new coins. I smell pump and dump coming.

But hey, just HODL amirite?

 

[SwamiLeoni]

When you purchase cryptocurrencies, you're hoping somebody will buy it off of you for a higher price. There is no dividend generated or goods/services produced. They're certainly not going to be the currency of the future, from a volatility and technical standpoint. The argument that supplies are limited is also false, since you can start a million different new coins. I smell pump and dump coming.

But hey, just HODL amirite?

Maybe not at a higher price but at the market price it’s currently at. Just look at the buy/sell orders on an exchange. There’s really no hoping going on unless you’re way off the trending value. And at that point you might get lucky with someone who’s drunk or who has fat fingers. You’re right on dividends, but some currencies give you an added coin for holding a specific amount of theirs (i.e. NEO / GAS or Ark delegating or Master Nodes). Pump and Dump coins will be here to stay unless some drastic change happens. As for the supply not being limited, do you think there will be more than 21mil BTC’s?

This whole thread is basically 50% saying it won’t last while the other 50% saying it will. One thing is for sure though, Blockchain is here.

 

[Orgasmo]

Maybe not at a higher price but at the market price it’s currently at. Just look at the buy/sell orders on an exchange. There’s really no hoping going on unless you’re way off the trending value. And at that point you might get lucky with someone who’s drunk or who has fat fingers. You’re right on dividends, but some currencies give you an added coin for holding a specific amount of theirs (i.e. NEO / GAS or Ark delegating or Master Nodes). Pump and Dump coins will be here to stay unless some drastic change happens. As for the supply not being limited, do you think there will be more than 21mil BTC’s?

This whole thread is basically 50% saying it won’t last while the other 50% saying it will. One thing is for sure though, Blockchain is here.

So you agree that cryptocurrencies themselves generates no value, and is only as valuable as what the next guy is willing to pay.

It's not the technology that I doubt. It's the people hyping the mania while blockchain is still in its infancy. As great and revolutionary as the internet is, the real innovation occurred after the Dotcom Bubble popped. As of this moment, there are over 2500 different kinds of cryptocurrencies being marketed, vast majority being pump and dump schemes.

With fuckers like these, tragedy is guaranteed to follow:
https://pumpmycoin.com/

 

[SwamiLeoni]

So you agree that cryptocurrencies themselves generates no value, and is only as valuable as what the next guy is willing to pay.

It's not the technology that I doubt. It's the people hyping the mania while blockchain is still in its infancy. As great and revolutionary as the internet is, the real innovation occurred after the Dotcom Bubble popped. As of this moment, there are over 2500 different kinds of cryptocurrencies being marketed, vast majority being pump and dump schemes.

With fuckers like these, tragedy is guaranteed to follow:
https://pumpmycoin.com/

I don’t know if I agree that they don’t have value. For example, the REQ coin is needed to process transactions when using their platform. When the transaction is complete, those REQ’s are burned which slowly increases their value. If the coin is needed for the platform to function, like Ethereum, why wouldn’t it have value?

The hype is a little much, but I feel like that’s with anything big. And with money involved (basically redistribution) people are even more inclined to get frothy at the mouth. The pump and dumps suck, but the coins at the forefront are doing all the work and those will eventually go away.

 

[rj144]

Maybe not at a higher price but at the market price it’s currently at. Just look at the buy/sell orders on an exchange. There’s really no hoping going on unless you’re way off the trending value. And at that point you might get lucky with someone who’s drunk or who has fat fingers. You’re right on dividends, but some currencies give you an added coin for holding a specific amount of theirs (i.e. NEO / GAS or Ark delegating or Master Nodes). Pump and Dump coins will be here to stay unless some drastic change happens. As for the supply not being limited, do you think there will be more than 21mil BTC’s?

This whole thread is basically 50% saying it won’t last while the other 50% saying it will. One thing is for sure though, Blockchain is here.

Bitcoin gives "dividends" in the form of all the forks. I have like 4 derivatives of Bitcoin now with more coming.