Bitcoins/Cryptocurrency

ExremelyCautiousSocialist

pioruns wrote: »

Bitcoin keeps collapsing... upwards. :rotfl:

haha thats a great comment

LiamJ

Zola. wrote: »

Its amusing watching these threads come alive again and then completely die off as BC goes south.

Yes. It has always been the case that Joe Public usually gets interested in investing in something after it's had a spectacular rise.

I've no idea if bitcoin is a good investment, but it is so volatile any investor has to be aware it could collapse to zero. Even if it doesn't do that, it will likely have major price plunges and surges.

If you believe in bitcoin's long term future, buy and hold through thick and thin. Otherwise steer clear

Zola.

Indeed

And the platforms it sits on seems to be susceptible to getting hacked. You would have to be nuts to be putting serious money into it. Digital froth.

ExremelyCautiousSocialist

jonnygee2

Yes. It has always been the case that Joe Public usually gets interested in investing in something after it's had a spectacular rise.

I believe an expression on wall street is that when the person shining your shoes starts talking about an investment it's time to pull out.

WillGates

Up over 100% since beginning of April.

ExremelyCautiousSocialist

WillGates wrote: »

Up over 100% since beginning of April.

Looks like we are on a slow grind up. Wont be any real excitement and newbie FOMO until new ATHs.

N1ckS

Coinbase have added EOS to their cryptocurrency 'education' page:
https://www.coinbase.com/earn/eos/

N1ckS

Coinbase have added Dai to their cryptocurrency 'education' page:
https://www.coinbase.com/earn/dai/

fun4everyone

N1ckS wrote: »

Coinbase have added......

It doesn't matter. Bitcoin is completely decentralised, free from fraud, free from manipulation (the actual token) and has the most verifiable and unalterable ledger on the planet, that is what gives it it's value. 99% of Alt coins are complete scams anyway and the 1% that are not suffer from never being able to be entirely decentralised which is the entire point. Bitcoin will revolutionize the entire planet and there is nothing anybody can do to stop it. It's going to become the worlds reserve. There cannot be a competitor created.

If you don't understand or you feel threatened by it then hate all you want. You will regret it in the years to come.