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Time for a new crypto thread

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#526
Monitor-Tan

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the btc dominance.. Yowzers


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#527
KingRevolver

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Yeah Buddy!


I hope there's another boom for you, but there's so many different currencies out there now. JFC

#528
milwaukee mike

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is this the thread i bump every time these piles of garbage get crushed?



#529
IAG

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is this the thread i bump every time these piles of garbage get crushed?




It’s sure not the platinum one.
<p>"One day you're the cock of the walk, the next you're a feather duster."<br><br><br><br>
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#530
Dingo

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It’s sure not the platinum one.


Lol

#531
milwaukee mike

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It’s sure not the platinum one.

 

do you mean where me/wvu were recommending buying platinum?  what did we recommend it at?  900-1000 maybe

 

currently at 836 spot, 883 for a bar so that's down quite a bit less than cryptos over that time frame

 

and platinum will be worth a lot more in 10 years, cryptos will be worth less (worthless)



#532
IAG

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do you mean where me/wvu were recommending buying platinum?  what did we recommend it at?  900-1000 maybe
 
currently at 836 spot, 883 for a bar so that's down quite a bit less than cryptos over that time frame
 
and platinum will be worth a lot more in 10 years, cryptos will be worth less (worthless)


On the contrary, over that same time time frame crypto is way up...hundreds of percent...platinum is down about 15 percent.
<p>"One day you're the cock of the walk, the next you're a feather duster."<br><br><br><br>
“Fly to carry each his burden, we are young despite the years“—REM</p>

#533
milwaukee mike

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On the contrary, over that same time time frame crypto is way up...hundreds of percent...platinum is down about 15 percent.

 

my mistake...  sorry I found the thread, was too early of a recommendation

 

I bumped it for you to apologize

 

I won't bother bumping the thread where I said to buy ripple at $1 and sell at $3 a week later, because we look to the future not the past... and the future is horrible for crypto scams



#534
mikeman

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On the contrary, over that same time time frame crypto is way up...hundreds of percent...platinum is down about 15 percent.

I'll tell you what, I'll trade you a shitload of long numbers for a bar or two of platinum.



#535
mikeman

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 A canadian bitcoin exchange called maple change said today that they were hacked and all their money was stolen, then they deleted all their media accts and closed up shop. It's probably a scam/inside job but it shows what could happen?



#536
IAG

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A canadian bitcoin exchange called maple change said today that they were hacked and all their money was stolen, then they deleted all their media accts and closed up shop. It's probably a scam/inside job but it shows what could happen?


Never heard of them, but that is why it is advisable to not keep your crypto on an exchange.
<p>"One day you're the cock of the walk, the next you're a feather duster."<br><br><br><br>
“Fly to carry each his burden, we are young despite the years“—REM</p>

#537
IAG

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Stellar Airdrop. Free $25 of XLM this week for those who have a Blockchain wallet.

http://fortune.com/2...kchain-stellar/
<p>"One day you're the cock of the walk, the next you're a feather duster."<br><br><br><br>
“Fly to carry each his burden, we are young despite the years“—REM</p>

#538
Dingo

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Crypto showing a bit of life last few dats

#539
FISHHEAD

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Big DOWN day for BITCOIN


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#540
Machiavelli

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How low will it go?
<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#541
milwaukee mike

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How low will it go?

 

3827

 

then up to 4311, then down to 2455



#542
MonkeyF0cker

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How low will it go?

 

To zero eventually.



#543
Machiavelli

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To zero eventually.


Because Governments will actively undermine??
<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#544
MonkeyF0cker

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No.  Because they aren't scalable.



#545
MonkeyF0cker

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In other words, there is no possible use case for mass consumption.



#546
Machiavelli

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You don't think that all the crypto could combine into one and survive that way?

Or people are just gonna break away completely over time here?
<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#547
MonkeyF0cker

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There is a complete breakdown in technology. There's no way Bitcoin or any other crypto can service mass consumerism. We saw that with huge delays and massive fees in BTC and ETH when cryptos were at peak interest back in January. When I was running a full node of BTC, the blockchain was at around 165GB with about a day or two worth of equivalent Visa transactions. There is no possible way to decentralize a ledger servicing as many transactions as Visa alone does. People running full nodes (the people with voting rights on the blockchain) would need massive storage capacity if BTC or any other crypto was ever actually capable of processing enough transactions for mass consumerism.  And centralized full nodes would completely defeat the purpose of a decentralized ledger or cryptos themselves.



#548
Machiavelli

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Oh my.

Appreciate the full breakdown.
<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#549
milwaukee mike

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There is a complete breakdown in technology. There's no way Bitcoin or any other crypto can service mass consumerism. We saw that with huge delays and massive fees in BTC and ETH when cryptos were at peak interest back in January. When I was running a full node of BTC, the blockchain was at around 165GB with about a day or two worth of equivalent Visa transactions. There is no possible way to decentralize a ledger servicing as many transactions as Visa alone does. People running full nodes (the people with voting rights on the blockchain) would need massive storage capacity if BTC or any other crypto was ever actually capable of processing enough transactions for mass consumerism.  And centralized full nodes would completely defeat the purpose of a decentralized ledger or cryptos themselves.

 

yeah as a non-tech guy it was even easy for me to see that btc was a victim of its own success

 

and at some point these are worthless "assets", they have the same problem as currencies, the us dollar continues to be worth less and less over time because it is backed by nothing but debt... cryptos aren't even backed by anything at all



#550
IAG

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Anyone able to give me cliff notes on what is happening with the BCH fork today? Is this what’s causing the drop?
<p>"One day you're the cock of the walk, the next you're a feather duster."<br><br><br><br>
“Fly to carry each his burden, we are young despite the years“—REM</p>




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