MineHarvest66 Posted January 17, 2018 Report Share Posted January 17, 2018 6 minutes ago, Paul said: Aaaaaand.. it's gone! Crypto correction, markets down massively in the past couple days. On second hand, maybe it's an opportunity to buy more. Yup you can't go wrong with the basic advice of "buy low sell high". Investing in a "nutshell" is just understanding WHEN to buy and WHEN to sell. Quote Link to comment Share on other sites More sharing options...
Paul Posted January 24, 2018 Author Report Share Posted January 24, 2018 On 1/17/2018 at 9:48 AM, MineHarvest66 said: Yup you can't go wrong with the basic advice of "buy low sell high". Investing in a "nutshell" is just understanding WHEN to buy and WHEN to sell. Buy low sell high is so simple, and yet most people don't do it! Crypto looking up recently, especially my favorite: Stellar Lumens (XLM) MineHarvest66 1 Quote Link to comment Share on other sites More sharing options...
Michael Posted January 24, 2018 Report Share Posted January 24, 2018 Lol true I think I only want digibyte coins but accept more Quote Link to comment Share on other sites More sharing options...
Paul Posted January 24, 2018 Author Report Share Posted January 24, 2018 Weiss came out with a ranking of crypto currencies today, PDF attached. weiss-cryptocurrency-ratings.pdf This is driving the market right now. Michael 1 Quote Link to comment Share on other sites More sharing options...
Michael Posted January 24, 2018 Report Share Posted January 24, 2018 10 minutes ago, Paul said: Weiss came out with a ranking of crypto currencies today, PDF attached. weiss-cryptocurrency-ratings.pdf This is driving the market right now. Bitcoin Gold? WTF lol Quote Link to comment Share on other sites More sharing options...
Paul Posted January 24, 2018 Author Report Share Posted January 24, 2018 1 hour ago, BlestaStore said: Bitcoin Gold? WTF lol Yeah, don't buy bitcoin gold, lol. I'm not sure how much weight to give this report, but I am not going to complain that Stellar got a B, the best rating of any coin in their analysis. Too the moon! Michael 1 Quote Link to comment Share on other sites More sharing options...
Tiny Posted July 25, 2018 Report Share Posted July 25, 2018 I believe, cryptocurrencies will take over in future, but a long way to go. Currencies are usually government controlled and at this early stage, no government is able to take control or control it. This something very new, for old fashion governmental institutions, who often work brainless and only are interested in making the biggest cut. Old fashion politics, state structures have to be torn down, before a global cryptocurrency can succeed. However, in closer future, I can imagine cryptocurrencies on local level, as parallel currencies to existing currencies Quote Link to comment Share on other sites More sharing options...
Paul Posted July 25, 2018 Author Report Share Posted July 25, 2018 9 hours ago, Tiny said: I believe, cryptocurrencies will take over in future, but a long way to go. Currencies are usually government controlled and at this early stage, no government is able to take control or control it. This something very new, for old fashion governmental institutions, who often work brainless and only are interested in making the biggest cut. Old fashion politics, state structures have to be torn down, before a global cryptocurrency can succeed. However, in closer future, I can imagine cryptocurrencies on local level, as parallel currencies to existing currencies Thanks for resurrecting this thread It's been an interesting year for cryptocurrencies, bitcoin is now back over $8k after falling from nearly $20k in December to below $6k. I agree with you - a lot has to change for cryptocurrencies to replace fiat currencies. But, I don't think that has to happen for it to be widely adopted. We're seeing IBM working with others to create "Stable Coins" on the Stellar network. When you have a digital currency, fully backed by the US dollar and FDIC insured, you have something people can trust. In the same way that people used paper notes in place of their gold and silver (Which they could redeem for the gold and silver), a stable coin could do the same with our current fiat. The result ends up being cheaper, immediate, irreversible transactions. Businesses like crypto because there's no such thing as a chargeback. I think we'll see a continual rise in crypto. It may never replace fiat currencies totally, but it doesn't have to. Quote Link to comment Share on other sites More sharing options...
Tiny Posted July 26, 2018 Report Share Posted July 26, 2018 9 hours ago, Paul said: Thanks for resurrecting this thread It's been an interesting year for cryptocurrencies, bitcoin is now back over $8k after falling from nearly $20k in December to below $6k. I agree with you - a lot has to change for cryptocurrencies to replace fiat currencies. But, I don't think that has to happen for it to be widely adopted. We're seeing IBM working with others to create "Stable Coins" on the Stellar network. When you have a digital currency, fully backed by the US dollar and FDIC insured, you have something people can trust. In the same way that people used paper notes in place of their gold and silver (Which they could redeem for the gold and silver), a stable coin could do the same with our current fiat. The result ends up being cheaper, immediate, irreversible transactions. Businesses like crypto because there's no such thing as a chargeback. I think we'll see a continual rise in crypto. It may never replace fiat currencies totally, but it doesn't have to. "When you have ...." and exactly, here we are on a regional digital parallel currency, controlled by some local state bank, integrated in ages old power structure. Doomed, to follow the same wrong way, of current currencies .What really is there "new"? You can pay via a link? We actually have this since years. Just doing this plugins and modules. A GLOBAL cryptocurrency would be something really new, but local it would change anything significant. Quote Link to comment Share on other sites More sharing options...
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