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  1. #11

    0 Not allowed!
    I put a good stash of bucks into Ethereum a few years ago.....you can imagine the % increase I've experienced.

    Advice:

    Study blockchain tech - each coin is either a platform, currency, or dapp.

    Get in on ETH, OMG, STRAT, GNT, NEO. FUN.

    Study ICOs - the % one can make is off the charts....literally.....but some are scams.

    The whole market has gone from 5b to 155b in a year.......crypto has utility -therefore value - it will overtake the broken Fiat rubbish which always has more supply to help it - but this devalues it.

    Learn, learn, and DO be paranoid, but get on this boat as web 3.0 will be the blockchain.

    Use bittrex and myetherwallet.

    If you are not technical minded, sorry, but it might be too much.

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    • #12
      Brighton Born & Bred symyjym's Avatar
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      0 Not allowed!
      It only works when there is a demand for it. It's very similar to a pyramid marketing scam where the ones at the top scims the profit and the ones at the bottom hope more people join. Anyone who invests in them has to promote it as if it really works to encourage more people to join. It sort of forces people to lie because recruiting people to a dream is the only way it can make money.

      The really stupid thing is that you are forced to virtually mine for it as if it were gold in the real world.
    • #13

      0 Not allowed!
      Quote Originally Posted by symyjym View Post
      This quote is hidden because you are ignoring this member. Show Quote
      It only works when there is a demand for it. It's very similar to a pyramid marketing scam where the ones at the top scims the profit and the ones at the bottom hope more people join. Anyone who invests in them has to promote it as if it really works to encourage more people to join. It sort of forces people to lie because recruiting people to a dream is the only way it can make money.

      The really stupid thing is that you are forced to virtually mine for it as if it were gold in the real world.
      Look at the demand for crypto here:

      https://coinmarketcap.com/charts/

      It has more utility as gold and will soon become the safe haven as the FIAT mess starts to wobble (see Venezuela, Illinios, US debt etc).

      If you think Crypto is a ponzi scheme you haven't done your research.

      Decentralised trust-based technology has utility and therefore value.

      Ethereum will be over $500 by Xmas and probably $2000 by 2020.........think if you got in at 10p and do the maths.

      Look at the corps and govs looking into Ethereum based tokens (erc20).

      Unbank the banks, and create anonymous trust based tech?

      Crypto is the truest Disruptive Tech there is - miss out at your own choice.
    • #14
      Listen to me!!! bluenitsuj's Avatar
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      Feb 2011
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      0 Not allowed!
      Quote Originally Posted by bhaseeer View Post
      This quote is hidden because you are ignoring this member. Show Quote
      I put a good stash of bucks into Ethereum a few years ago.....you can imagine the % increase I've experienced.

      Advice:

      Study blockchain tech - each coin is either a platform, currency, or dapp.

      Get in on ETH, OMG, STRAT, GNT, NEO. FUN.

      Study ICOs - the % one can make is off the charts....literally.....but some are scams.

      The whole market has gone from 5b to 155b in a year.......crypto has utility -therefore value - it will overtake the broken Fiat rubbish which always has more supply to help it - but this devalues it.

      Learn, learn, and DO be paranoid, but get on this boat as web 3.0 will be the blockchain.

      Use bittrex and myetherwallet.

      If you are not technical minded, sorry, but it might be too much.
      I have looked at many exchanges but still not sure on the best one. Bittrex looks like you cannot deposit money and buy coins but only use coins you already have to buy alt coins. Is this correct.
      I just need a good exchange where I can deposit money, buy some cryptocurrencies and then move them into a separate wallet and then be able to sell easily via the exchange and get my money out without getting hit by bank exchange rates due to the lack of choice for £££££. Most seem to be in Euro.
      2017/18 - I will enjoy this season - whatever happens.
    • #15
      Members Rugrat's Avatar
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      1 Not allowed!
      Quote Originally Posted by bluenitsuj View Post
      This quote is hidden because you are ignoring this member. Show Quote
      I have looked at many exchanges but still not sure on the best one. Bittrex looks like you cannot deposit money and buy coins but only use coins you already have to buy alt coins. Is this correct.
      I just need a good exchange where I can deposit money, buy some cryptocurrencies and then move them into a separate wallet and then be able to sell easily via the exchange and get my money out without getting hit by bank exchange rates due to the lack of choice for £££££. Most seem to be in Euro.
      I used bitstamp which was all very straightforward. I liked that I could deposit via card. It is Euros but if you get a card like revolut they give you spot rate on exchange so no real fx loss
    • #16
      A. Virgo, Football Genius
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      Quote Originally Posted by bhaseeer View Post
      This quote is hidden because you are ignoring this member. Show Quote
      Look at the demand for crypto here:

      https://coinmarketcap.com/charts/

      It has more utility as gold and will soon become the safe haven as the FIAT mess starts to wobble (see Venezuela, Illinios, US debt etc).
      hi pumper! your charts certainly tells a tale, in the week since your recommendation bitcoin has risen 12% to an all time high, then crashed 27% in two days. both rise and fall are for no reason in fundementals. presumably just profit taking, people taking some of their profits because they'd rather they were in dodgy old fiat to spend on real things. the only reason crypto ar so highly valued is because people dont sell as its easier to buy than sell, and who wants to sell anyway when it could be 10x next year eh?

      with regard to fiat, do you remember when the government gave us a duplicate £ for every £ we already held, as happened last month with BitCash? it laughable that anyone still maintains the pretense crypto's are any different to governement money when every Tom, Dick or Vitalik can create a new one from nothing, or instantly double the issue of one with a fork.

      crypto currencies are interesting and fun, but they could as easily go to £20 as £20k, it pure speculation as they are based on nothing but sheer will they are worth something.
      Daily Mail readers are living in a perpetual hell, expecting their homes to be overrun at any minute by hoodie wearing, skunk smoking, muslim, transgender, asylum seekers.
    • #17
      Yes I eat anything Seagull's Avatar
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      0 Not allowed!
      http://www.lowimpact.org/lowimpactli...ptocurrencies/
      This site has some good information
      We plough and sow and reap and mow ...
    • #18

      0 Not allowed!
      It's. F O O L ' S. G O L D. Even more ephemeral than the Emporier's Clothes. The last person in when it crashes is the one who loses most. Call it Bitcoin, Ephemeral or Wanker's Wodge, it's fiction. Eventually there could be 200 or more of these currencies, what are any of them worth then?
    • #19
      A. Virgo, Football Genius
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      0 Not allowed!
      Quote Originally Posted by ringmerseagulltoo View Post
      This quote is hidden because you are ignoring this member. Show Quote
      ... Eventually there could be 200 or more of these currencies, what are any of them worth then?
      waaay past 200, theres 1101 listed here. we should start one, call it whinecoin for the whole football community to get behind, Arsenal fans would be biggest investors
      Daily Mail readers are living in a perpetual hell, expecting their homes to be overrun at any minute by hoodie wearing, skunk smoking, muslim, transgender, asylum seekers.
    • #20

      0 Not allowed!
      Quote Originally Posted by bhaseeer View Post
      This quote is hidden because you are ignoring this member. Show Quote
      Look at the demand for crypto here:

      https://coinmarketcap.com/charts/

      It has more utility as gold and will soon become the safe haven as the FIAT mess starts to wobble (see Venezuela, Illinios, US debt etc).

      If you think Crypto is a ponzi scheme you haven't done your research.

      Decentralised trust-based technology has utility and therefore value.

      Ethereum will be over $500 by Xmas and probably $2000 by 2020.........think if you got in at 10p and do the maths.

      Look at the corps and govs looking into Ethereum based tokens (erc20).

      Unbank the banks, and create anonymous trust based tech?

      Crypto is the truest Disruptive Tech there is - miss out at your own choice.
      I have a very superficial understanding of Blockchain technology but I have been trying to convince colleagues in information and publishing world of how this could be a game-changer. In this case this is not so much the currency trading aspect but smart contracts. These enable any digital object (image, audio, text+) to embed licensing terms, costs and payments, intellectual property, ownership etc and excecute any record any transaction automatically. This opens up the opportunity for musicians, authors, artists to make their work available without the need to use a third party organisation. I believe Imogen Heap is experimenting with this. It is also used by people living in unstable parts of the world to record identity, contracts, even marriages outside their own corrupt or inefficient national infrastructures. Still in its infancy but it could be huge.

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