BITCOIN

mrlegend123

I said months ago that BITCOIN would crash. I've had the last laugh with fake gold holders. 

Scottex99

Yeah it’s crashed pretty hard from less than a cent to $35k in its lifetime

thegentleway

Atlas234 said:

thegentleway said:

Atlas234 said:

Bitcoin is proof of work, the others are hardly obscure, cardano, polkadot and many many other are pos, ethereum is practically unusable under its current pow iteration, with the huge fees, they are in the middle of transitioning to etgereum 2.0 which will be pos

It is obscure AF. Whilst most people have heard of bitcoin, nobody has heard of Ada.

If people are putting money into crypto, I would imagine they would look at a broader section of the market than just the top one, but you are right bitcoin is by far the biggest and most popular. 
In regards to the other post, yes at the moment the number of things you can do with crypto are limited I fully agree, but it is still very early stages, there are crypto mortgages in the works, there are talks of a digital euro on the xrp block chain and other national currencies on the Stella block chain, there are block chains like vet focusing on enterprise level supply chain solutions. The options, uses and adoption grow every day

You would imagine but all the money is in Bitcoin and a bit in Ethereum which are both PoW so I suspect our imagination is wrong. It seems people are trying to get rich quick. It’s hardly surprising, most people don’t do any research into the stocks they buy (I include myself as I buy funds).  
Agreed about potential/early stages. It requires mass adoption and it will be interesting to see which, if any, protocols make it. 

thegentleway

mrlegend123 said:

I said months ago that BITCOIN would crash. I've had the last laugh with fake gold holders. 

Well done bro, you are a legend! Did you short it and make mega bucks or are you just gloating? 

DireEmblem

I cant see bitcoin disappearing anytime soon, but I do like collecting all the free bitcoin and variations.  Who knows they might be worth something some day!

mightbedave

I'm a Crypto neutral. I have a small amount in my portfolio. Feels like it it could go down further but I am seriously tempted to BUY THE DIP 

HansOndabush

mightbedave said:

I'm a Crypto neutral. I have a small amount in my portfolio. Feels like it it could go down further but I am seriously tempted to BUY THE DIP 

Stages in a bubble:

https://transportgeography.org/contents/chapter3/transportation-and-economic-development/bubble-stages/

'BUY THE DIP' and you enter straight into the bull trap phase.

mightbedave

HansOndabush said:

mightbedave said:

I'm a Crypto neutral. I have a small amount in my portfolio. Feels like it it could go down further but I am seriously tempted to BUY THE DIP 

Stages in a bubble:

https://transportgeography.org/contents/chapter3/transportation-and-economic-development/bubble-stages/

'BUY THE DIP' and you enter straight into the bull trap phase.

That could well be true. Think I’ll sit it out and moderate my greed. 

HansOndabush

Scottex99, this video from someone who trades crypto, briefly covers the main concepts of charting and how the indicators were in place for a fall in bitcoin before the big drop i.e. head and shoulders, ascending wedge, MA crossing. It is a very good video, even blasts a hole through all the stupid crypto hype:

https://www.youtube.com/watch?v=y--7HycnXF0

PiPi2019

mightbedave said:

I'm a Crypto neutral. I have a small amount in my portfolio. Feels like it it could go down further but I am seriously tempted to BUY THE DIP 

Just don't go over board to investing what you can't afford to lose