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Crypto

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Why isnt there a sub forum on this site for Cryptocurrency?
Surely people know by now that is a form of money. Its internet money :j
Goal is to Retire before I'm 40 (currently 30yo) 

Comments

  • forgotmyname
    forgotmyname Posts: 32,917 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Same reason there is not a million sub forums on many other subjects. You draw the line somewhere.

    And lets see how many threads there are on the subject, and then ignore any that open/dragged up from the past by spammers/scammers and the number of interested parties is fairly small.

    MSE, not howto lose lots of money very quickly expert.
    Censorship Reigns Supreme in Troll City...

  • AndyPix
    AndyPix Posts: 4,847 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    TheBunting wrote: »
    Why isnt there a sub forum on this site for Cryptocurrency?


    Because there are a total of about 2 posts on the subject


    Did you have something to discuss ?
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    AndyPix wrote: »
    Because there are a total of about 2 posts on the subject


    You might be right on this board, but there are in fact quite a lot of threads about cryptocurrencies in the financial sections, usually where somebody has been dealing and their bank has frozen or closed their account because they are suspected of money laundering. However, there is certainly no need for a separate sub-forum, other than having one would separate all that nonsense from the real world questions that people are asking.
  • that
    that Posts: 1,532 Forumite
    edited 7 December 2018 at 6:45PM
    Too expensive to set up, too niche, and financial gain or loss can be realized. No Real currency standard, and many promote their own coin types.

    There was a post here saying one punter with many other genuine posts claim they make money, but fluctuations in exchange rates, hardware and electrical costs make it questionable risk/reward.

    Also think this forum and the people here do not represent the young, techie market who would purchase ASIC miners, and take the risk. More about people paying for stuff, and paying stuff off

    If I were into this I would look elsewhere, and find a group where I could get ideas and bounce ideas off, like reddit or possibly maybe 8chan etc, and the descussion would not run out of steam
  • DoaM
    DoaM Posts: 11,863 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    that wrote: »
    8chan

    Is that twice as good as 4chan? :D
  • that
    that Posts: 1,532 Forumite
    edited 7 December 2018 at 9:22PM
    DoaM wrote: »
    Is that twice as good as 4chan? :D
    was going to quip half as good, but in reality not even one eighth - maybe <I am lying, it is even worse than that>, but still new... time will tell:)
  • Mobeer
    Mobeer Posts: 1,851 Forumite
    Part of the Furniture 1,000 Posts Academoney Grad Photogenic
    Try the Savings and Investments board - there's been quite a number of posts on there about various Crypto-Currencies.
  • kim81
    kim81 Posts: 15 Forumite
    Crypto is a bit Wild West still. Until it is properly regulated it is a bit risky for MSE to be promoting things that may vanish the next day.
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