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Bitcoins (and other crypto currencies)



botfch

ClioSport Club Member
  Clio 182
I see, so they are betting that a particular coin will be the chosen one to be used by someone, somewhere, in a decent enough volume as an actual 'currency' a la bitcoin?

I think a lot of people are but I also think that's probably wrong, The power of block chain is as a means of recording transactions not as a currency.

If you want a long term investment I think people should be looking for the companies that are going to be able to develop it, get it past govt and into the mass market.
If you want short term investment and you are good at following trends then buy the coins.
 

ChrisR

ClioSport Club Member
I think a lot of people are but I also think that's probably wrong, The power of block chain is as a means of recording transactions not as a currency.

If you want a long term investment I think people should be looking for the companies that are going to be able to develop it, get it past govt and into the mass market.
If you want short term investment and you are good at following trends then buy the coins.

I get that, I know blockchain as a tech has a future with many ‘normal’ companies working with it.

Just don’t see the correlation between some random new coin and the relation of being able to extract value out of the underlying tech.

Companies that are intersted in using the tech will more likely want a ‘private’ blockchain system rather than just using the public coin, so still not really seeing the link as it’s not like it’s the same as buying a share in a company that comes with dividends and has a perceived value against the companies worth.

Finding it hard to explain exactly what I mean here as you can tell!

Anyway, enough if that, I’ll sit here being stupid about it all ;)
 
  Hyundai i40
Sold ETH about a month ago and had made £60...made a decision to put on ripple and I’ve lost it all and some more :( currently £15 down
 

R3k1355

Absolute wetter.
ClioSport Club Member
Could be worse, look at Reddit. There are tons of people on there who've put thousands into weird ICO's hoping that coins worth a few cents will be worth dollars.
 

R3k1355

Absolute wetter.
ClioSport Club Member
I've heard the adverts on the radio, it's gambling obviously but catered for the Football bore types.
 

MonkeyKnifeFight

ClioSport Club Member
  Rusty Cup

Got in on the Electroneum Ico in october. Price was 1 cent per ETN plus 50% bonus. In december it went up to 24 cents but has fallen steadily since then. From what ive read experts think we have 2 weeks left of correction (downward or calm) before the market heads north again. Predictions are a 1 trillions dollar market cap and bitcoin to reach $50,000. A trillion dollar market could easily support a $3 Electroneum but id be over the moon with $1. The biggest increases are predicted to be from low circulation/volume Tokens (Capp or cappasity is a perfect example of this) Fun will also make huge headway. In truth i see very few coins not doing well this year. Dont buy Tether or sign up to Bitfinex and you should be on the right track.
 

Breamy

ClioSport Club Member
Hoping fun will go up. Offloaded my xrp to buy more fun. Currently got 2300 and hoping for a decent rise
 

rctempire

ClioSport Moderator
Miner arrived, wow its a beauty.
However its noisy.Had to change the fans today to 90%. It fluctuates as default from 100% to 80% all the time and is annoying.
At 90% noise is down,temps are good. Hurrah.
 
  Clio 182
Miner arrived, wow its a beauty.
However its noisy.Had to change the fans today to 90%. It fluctuates as default from 100% to 80% all the time and is annoying.
At 90% noise is down,temps are good. Hurrah.

Let us know how you get on earning with it.

LTC on a little pump today!
 

The Psychedelic Socialist

ClioSport Club Member
Miner arrived, wow its a beauty.
However its noisy.Had to change the fans today to 90%. It fluctuates as default from 100% to 80% all the time and is annoying.
At 90% noise is down,temps are good. Hurrah.
What miner are you using and what are you mining with it?

I basically have free electricity through work so I'm tempted to get back into the mining game...
 


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