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#541 | ||
Moderator
![]() Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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The future is not Cryptocurrency... It will be digital ways to send fiat currencies instantly instead.
The problem with Cryptocurrencies is you still need a bank account or financial institution of some sort to exchange it into "real" money you can use. The future is when everyone becomes their own bank to store money digitally. Banks will exist for loans and services, but your employer will deposit your wages straight into your phone "bank"... You will pay for a coffee straight from your phone... No need for paper currency in any great printed amount anymore.... This is the future. "BY 2030, 2 BILLION PEOPLE WHO DON’T HAVE A BANK ACCOUNT TODAY WILL BE STORING MONEY AND MAKING PAYMENT WITH THEIR PHONES" - Bill Gates ![]() If you really want to make money, rather than gambling on high-risk cryptocurrencies, you need to invest in the upcoming new technologies that will transform our world tomorrow... The new "Microsoft" stocks of the future. Watch out and research companies investing in;
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#542 | ||
WT GT
![]() Join Date: Jan 2006
Location: The GSS
Posts: 17,759
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#543 | |||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
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#544 | ||
Donating Member
![]() Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,439
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So just before ripple was basically $1 now back up to $1.40 ish. Pretty amazing $1000 if deposited like 15 mins ago would have made $400. That is where it is at.
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#545 | ||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Is this the potential death of crypto? The Chinese, Japanese and South Korean governments are potentially going to make cryptocurrency trading illegal.
I believe this is why they have all been smashed in value. People are trying to bail before the biggest trading countries are locked out. |
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#546 | |||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
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Quote:
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#547 | |||
FF.Com.Au Hardcore
Join Date: Aug 2006
Location: Melbourne
Posts: 1,674
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Ripple climbing back up again $1.75.
Think about this for a second, people were buying Ripple at $1.00 this morning, when it hits $2.00 they have doubled their money literally in 12-18 hours, that's how ridiculous Crypto currency is....
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#548 | ||
Moderator
![]() Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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Interesting article, and what the future of Cryptocurrency needs to be...
The bank of England is planning a bitcoin style virtual currency |
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#549 | ||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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If you look at BTC Markets charts within the next hour, set the graph at top to 1D and Historical view ...then check out 7:30pm last night for every coin they list (might be 8pm for most of you if it adjusts for me being on Central time in SA). Every single coin has exactly the same dip then increase at 7:30pm?? Thinking Fat Cat sold most of his stack as he went to bed.
Exactly the same thing happened exactly 12 hours later at 7:30am for all coins except ETH-Classic which crashed harder an hour later at 8:30am. Thinking Fat Cat sold the rest when he got up. Used the dip to load-up on Buggerlug's monkeys. |
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#550 | |||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: WA
Posts: 3,705
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Quote:
You can make heaps at the casino, you can also walk out without a shirt.
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#551 | |||
FF.Com.Au Hardcore
Join Date: Aug 2006
Location: Melbourne
Posts: 1,674
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The chance of making money off Crypto Currency is a lot higher than walking into a casino.
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#552 | ||
FF.Com.Au Hardcore
Join Date: Jun 2008
Posts: 1,137
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#553 | ||
FF.Com.Au Hardcore
Join Date: Jun 2008
Posts: 1,137
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Where are the dudes who dropped top dollar on Bitcoin...this will be remembered as the late teens Ponzi scheme.
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#554 | ||||
FF.Com.Au Hardcore
Join Date: Aug 2006
Location: Melbourne
Posts: 1,674
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Quote:
It has the bottom up effect of a Ponzi/Pyramid scheme in that the people who are the last ones in/buy at a high price are left holding it all up while the earlier "investors" (hate the term investor for Cyrpto currency) get out making money off the bottom ones, that's how it all works, and why I say its the stupidest thing going.
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#555 | |||
Regular Member
Join Date: Apr 2008
Posts: 183
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Where this all ends time will tell and it's still early days yet, however those that have held back from entering in cryptos and would still like to, now might not be such a bad time. This isn't going away so I think that whilst regulation will eventually make its way through crypto's will become mainstream. Without risk there is no reward.
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#556 | |||
FF.Com.Au Hardcore
Join Date: Jun 2010
Location: Desert City
Posts: 2,326
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Quote:
Correct, crypto isn’t going to go away. The question is, once it becomes regulated then how easy will it be to make any money from it.
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2017 Mustang GT (Magnetic) |
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#557 | |||
Moderator
![]() Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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Quote:
The Bank of England and Israel are already looking at doing this. Blockchain technology will remain... Altcoins won't. ![]() Make money while you can on Altcoins... But make sure you read the early warning signs and get out before they crash. ... When this will happen, who knows? |
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#558 | ||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
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The media are in the process of bringing forward the Bitcoin bubble deflation:
http://www.theage.com.au/business/ma...17-h0k16t.html
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#559 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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This slump has happened every January for the last four years. It’s tied in with the Chinese New Year. Millions of Chinese and other Asian folk are cashing in some of their coins to travel and buy gifts etc. by the end of January everything will creep back to normal. It’s been a great time to buy. Which l have done.
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#560 | ||
Donating Member
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Location: Roxby Downs, SA
Posts: 1,439
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At roughly 3am this morning ripple was at $1.15 now over $2. There was a buy order in at that time of over $200k. There would be some happy people today.
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#561 | |||
Regular Member
Join Date: Apr 2008
Posts: 183
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Quote:
I also did the same as you.
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#562 | ||
FF.Com.Au Hardcore
Join Date: Mar 2012
Posts: 4,924
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Bpay clearance was about 18 hours to slow for me to really enjoy topping up on XRP.
Most annoying |
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#563 | ||
Regular Member
Join Date: Aug 2008
Posts: 2,860
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When they start behaving like real currency, that is relatively stable, then they will get mainstream support. The only one at the moment that fits this requirement is Tether, which unsurprisingly is linked to the value of the USD. Everything else is a gambling chip, or put more politely, a highly speculative asset.
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2022 ZH Escape ST-Line AWD 2.0L Ecoboost |
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#564 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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Maybe hold out, it seems be at the lowest in its arc during the night
Last edited by Lunch; 18-01-2018 at 05:00 PM. Reason: If you haven’t already spent it |
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#565 | ||
FF.Com.Au Hardcore
Join Date: Mar 2012
Posts: 4,924
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#566 | ||
RPO 77
Join Date: Feb 2006
Posts: 1,912
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Just thought i would show this chart comparison of the previous 24hrs - see how all charts have trended rediculously similarly, makes me wonder how much of it is trade-bot controlled?
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#567 | |||
FF.Com.Au Hardcore
Join Date: Aug 2006
Location: Melbourne
Posts: 1,674
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Ripple should stay steady around $1.90 - $2.00 for a bit tonight, at least on BTC, there's a lot of buy orders compared to sell below $2.00.
I think about all those Buy orders on the other day going through at just over a $1.00, and they have now doubled their money....and whoever knows how much it may go up again.
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#568 | |||
Regular Member
Join Date: Aug 2008
Posts: 2,860
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Quote:
China 81% Iceland 5% Japan 3% Czech Republic 3% Georgia 2% India 2% https://www.buybitcoinworldwide.com/mining/pools/ https://blockchain.info/pools Sweden had a large outfit but they declared bankruptcy last year because mining became unprofitable due to China’s comparative advantage in low power costs. The alt coins are likely to have similar mining pool locations; and if they aren’t now, they soon will be as the miners in those places start looking to expand their business and look for new revenue sources. Apparently, these Chinese miners already have a sufficient majority to veto consensus for new features, such as Segwit, to be activated in the blockchain. Unregulated and decentralised and as a result an unreliable instrument for doing business.
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#569 | |||
FF.Com.Au Hardcore
Join Date: Jun 2010
Location: Desert City
Posts: 2,326
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Quote:
I agree, I used to do a lot of stock market trading a few years ago and that is typical of bot trading.
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2017 Mustang GT (Magnetic) |
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#570 | |||
Big Member
![]() Join Date: Dec 2009
Location: SE Qld
Posts: 5,873
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Quote:
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The Scarlet Fairlane: 94 5.Slow Litre NC II Fairlane 488800kms & Climbing Rollin' on genuine ELGT wheels. K&N Filter /////Alpine Sound. EBGT Momo Woodgrain Steering Wheel The Scarlet Fairlane Build Thread Project "White Knight" 93 ED XR6 ROH Alloys Momo wheel Cruise Sunroof Premo Sound Manual HO Goodies PWK Build Thread 1990 Yamaha FZR 250: 59000ks & climbing. New fairing, old tank, my angry mosquito in a coffee tin! 14.977 1/4mile. ![]() |
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