Bitcoins (and other crypto currencies)

[botfch]

I see, so they are betting that a particular coin will be the chosen one to be used by someone, somewhere, in a decent enough volume as an actual 'currency' a la bitcoin?

I think a lot of people are but I also think that's probably wrong, The power of block chain is as a means of recording transactions not as a currency.

If you want a long term investment I think people should be looking for the companies that are going to be able to develop it, get it past govt and into the mass market.
If you want short term investment and you are good at following trends then buy the coins.

 

[MonkeyKnifeFight]

so people think crypto is dead?

 

[ChrisR]

I think a lot of people are but I also think that's probably wrong, The power of block chain is as a means of recording transactions not as a currency.

If you want a long term investment I think people should be looking for the companies that are going to be able to develop it, get it past govt and into the mass market.
If you want short term investment and you are good at following trends then buy the coins.

I get that, I know blockchain as a tech has a future with many ‘normal’ companies working with it.

Just don’t see the correlation between some random new coin and the relation of being able to extract value out of the underlying tech.

Companies that are intersted in using the tech will more likely want a ‘private’ blockchain system rather than just using the public coin, so still not really seeing the link as it’s not like it’s the same as buying a share in a company that comes with dividends and has a perceived value against the companies worth.

Finding it hard to explain exactly what I mean here as you can tell!

Anyway, enough if that, I’ll sit here being stupid about it all

 

[Cookie]

I hope the bubble bursts soon, I want another graphics card and I don't want to pay a 300-400 quid markup

 

[ChrisR]

I’m glad I bought mine when I did, a relative bargain now! (Thanks Sharky )

 

[Sarah]

Sold ETH about a month ago and had made £60...made a decision to put on ripple and I’ve lost it all and some more currently £15 down

 

[R3k1355]

Could be worse, look at Reddit. There are tons of people on there who've put thousands into weird ICO's hoping that coins worth a few cents will be worth dollars.

 

[Chapppers11]

https://cointelegraph.com/news/sec-...e-was-no-bitcoin-there-would-be-no-blockchain

Explains today's upturn and shows some good promise of crypto being allowed to mature without being throttled by the US government..

 

[CrippsCorner]

Anyone heard of this?

https://trade.footballindex.co.uk/

I'm sure it's not related but wasn't sure where to put it. Brother keeps asking about... wondering if it's a scam! He's bang into Betfair etc.

 

[R3k1355]

I've heard the adverts on the radio, it's gambling obviously but catered for the Football bore types.

 

[boultonn]

Binance is down, the end if nigh

 

[MonkeyKnifeFight]

Its back online

 

[Gus]

Has anyone on here made any serious money off crypto coins ?

 

[Pistachio]

Has anyone on here made any serious money off crypto coins ?

I made 7 million last year. Bought a 182 to celebrate

 

[The Psychedelic Socialist]

Has anyone on here made any serious money off crypto coins ?

What's 'serious money'?

 

[Ex-User (19928)]

What's 'serious money'?

10k profit

 

[Ex-User (19928)]

What's 'serious money'?

10k profit

 

[MonkeyKnifeFight]

I invested £400 that was briefly worth £13500. I'm holding out for around £50000 which I estimate I'll see later this year.

 

[Herr Flick]

I invested £400 that was briefly worth £13500. I'm holding out for around £50000 which I estimate I'll see later this year.

BTC?

 

[Stay Puft]

XRP over $1, wahoo. Should have bought some more..

 

[seaneylad]

10k profit

XRP over $1, wahoo. Should have bought some more..

Nice, only hold a small bag now as I sold a load.

 

[Breamy]

I think people should just buy whatever I don't. Sold my xrp. 2 days later it's up !

 

[AdDaMan]

Anyone that has FUN on bittrex needs to move it as they are delisting it. FFS.

 

[boultonn]

FUN has pretty much lost all its value since I bought some. Yay.

 

[AdDaMan]

FUN has pretty much lost all its value since I bought some. Yay.

I bought about £500 worth! Worth f**k all now. Will go up though.

 

[MonkeyKnifeFight]

BTC?

Got in on the Electroneum Ico in october. Price was 1 cent per ETN plus 50% bonus. In december it went up to 24 cents but has fallen steadily since then. From what ive read experts think we have 2 weeks left of correction (downward or calm) before the market heads north again. Predictions are a 1 trillions dollar market cap and bitcoin to reach $50,000. A trillion dollar market could easily support a $3 Electroneum but id be over the moon with $1. The biggest increases are predicted to be from low circulation/volume Tokens (Capp or cappasity is a perfect example of this) Fun will also make huge headway. In truth i see very few coins not doing well this year. Dont buy Tether or sign up to Bitfinex and you should be on the right track.

 

[Breamy]

Hoping fun will go up. Offloaded my xrp to buy more fun. Currently got 2300 and hoping for a decent rise

 

[Scrooge]

Bitcoins better bloody go back up, I’d cash out at £15k

 

[welshname]

I'm in two minds as to whether to trade my xrp for fun.

Have both but feel like xrp is dying.

 

[Breamy]

That's what I did then xrp shot up !

 

[rctempire]

Hello chaps.. This is the yearly down turn for crypto so don't worry.
All will be fine in the next two months.
On another note my miner will be turning up this week.

 

[Short Norman]

anyone watching Panorama

 

[rctempire]

Miner arrived, wow its a beauty.
However its noisy.Had to change the fans today to 90%. It fluctuates as default from 100% to 80% all the time and is annoying.
At 90% noise is down,temps are good. Hurrah.

 

[seaneylad]

Miner arrived, wow its a beauty.
However its noisy.Had to change the fans today to 90%. It fluctuates as default from 100% to 80% all the time and is annoying.
At 90% noise is down,temps are good. Hurrah.

Let us know how you get on earning with it.

LTC on a little pump today!

 

[rctempire]

Sorry mistake. 80%

 

[boultonn]

Sorry mistake. 80%

that kind of utilisation percentage makes me sweat behind the knees :S

 

[The Psychedelic Socialist]

Miner arrived, wow its a beauty.
However its noisy.Had to change the fans today to 90%. It fluctuates as default from 100% to 80% all the time and is annoying.
At 90% noise is down,temps are good. Hurrah.

What miner are you using and what are you mining with it?

I basically have free electricity through work so I'm tempted to get back into the mining game...

 

[rctempire]

Antminer s9. 13.5TH
I was previously running 2 Antminer s3s. Nowhere near as noisy as the s9 is.

Ill post a video of before and after

 

[Pistachio]

It costs how much??!

 

[welshname]

Ripple is slowly climbing again.