T Nation

Cryptocurrencies

Which way are you leaning irt btc vs eth?

I went and bought BCH SV in BTC and more than doubled the investment before selling it off lol. All because I began reading the redditors all relentlessly FUDing the hell out of it.

If the Redditors hate it it means you can buy buy buy

80% XRP 20% BTCSV here aha

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This was an over-the-top bashing with a multinational crew not seen since the days of the poloniex trollbox. Something was going on.

“BCHSV go down to THE Hell!”

LOLOL

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XRP and REQ are the two I have really been looking into. I like the idea behind both projects. I see big potential for both.

I was also looking into BAT but, I read you have to use their browser, lost interest right there.

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Anybody want to weigh in?

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This is imo, one of the glaring reasons cryptos will never be mainstream (on top of the obvious).

That being said, tin foil hat is on. My immediate reaction upon seeing this story yesterday was that he faked his own death knowing he could scoop that up when the price raises due to shortened supply.

Millions in btc had been lost to things like this even prior to it’s crazy roller coaster

Yeah didn’t a laundering service just up and disappear with everyone’s BTC one day? Scary.

Mt. Gox is a prime example.

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I think this could be mitigated. There’s a lot of growing pangs with creating an international digital currency. Realistically tho, the frequency of growing pangs needs to reduce drastically or it will quickly lose attention and disregarded. I think that’s a likely outcome given the current challenges.

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I’m the farthest thing from an expert on the subject, but I couldn’t help scrolling through the comments of the story and seeing a bunch of “dude probably faked his death and changed his name” takes, so I don’t think it’s that much of a tinfoil hat take.

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It’s amazing how things can backfire. The key that is designed to allow someone to reboot their account is what is preventing people from being able to have their money/value returned.

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Called it if this is real

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Many illiscit steroid labs exit scam hard. I doubt many of them make $190M though. He better hope none of that crypto was held by the crooked nose crowd, or he’ll die slow.

Tbh I’m super fuzzy on how he expects to get away if he really did fake it. The concept of the block chain makes it exceedingly difficult to move anywhere that much of someone else’s coin now that everyone will be watching

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Looks like Chase is coming out with a cryptocurrency. Interesting considering their outspoken disregard for it.

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Of course they talked down crypto till they had their own. That would be like GM badmouthing the mustang until they released the camaro.

Has anyone else been gambling with crypto recently? I threw $500 at BAT months ago and checked in a week or two ago to see I’ve more than doubled. BTC is pushing back into the mid $5,000’s.

So this is simply a bitcoin fuelled thread. Because my supplier only accepts bitcoin.

Today BTC has hit the 10,000$ mark and more specifically its hovering just bellow $12,000. It was 3000 six months ago. I have been a believer in crypto for many years and the reasons for its existence. Has anyone else been keeping up with bitcoin? Do you have faith in it's existence? Did you throw away the "its a bubble" rumours that regular investors/bankers/accountants liked to convince themselves it was?.... its more then safe to say it's forever and it's going to change the world if it hasn't already. If you have not jumped in to the world of crypto yet it may be worth time to even spend 15-50 on purchasing your first little bit of bitcoin/ethereum/litecoin/ripple or whatever else and learning slowly. Anything in the top 10 right now is safely hear to stay for a while.

I don’t know how many online sources use cryptocurrency, or specifically bitcoin as mine do. But has anyone else been finding it almost heartbreaking to spend their “investments” on product like I have?

Its not a big deal really because converting cash to BTC is simple. But if you have always been into trading/investing/bitcoin as a hobby, once its out of fiat and into crypto, i see more potential growth in my wallet then i do my shirts!

Btw, trx at 3 cents, 4 cent compared to BTC today, is definitely a steal. Within two years i strongly believe 1$ is likely and 6 cents by January. If you arent aware of investing in penny stocks or how low cost high reward could work look at it this way. If you get 90$ worth of TRX at 3 cent. You will have 3000 trx tokens. Now trx goes up to 6 cents. You will have a value of 180 USD. And so on so fourth. You dont have to spend 11,000 on a bitcoin. You spend 50$ on .0000xxx of bitcoin and use the 50$ to buy whatever else tickles your fancy.

Im big on helping people do better or grow in their personal lives so hop in with questions or comments. Start where ever. Believe in it or not, idgaf really if your the type of person who says “impossible this and that” maybe avoid this thread. But dont hold people back from learning or doing better simply because of you being close minded yourself!:slight_smile: