Crypto $$$

[GO FURTHER]

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;

• Robotics
• Artificial Intelligence
• A new clean renewable energy source that will be discovered that will power the majority of the world by 2030.
• Technology and infrastructure that will make Africa self-sufficient in food production.
• Vaccine development against bioterrorism. (33 million people may be killed in the next 15 years).

[FairmontGS]

Originally Posted by PHATAL

So I wake up and Ripple is $1.15! What the?

Sent from my SM-G935F using Tapatalk

It's USD 0.9841 now.

[Trump]

Originally Posted by GO FURTHER

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

image

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;

• Robotics
• Artificial Intelligence
• A new clean renewable energy source that will be discovered that will power the majority of the world by 2030.
• Technology and infrastructure that will make Africa self-sufficient in food production.
• Vaccine development against bioterrorism. (33 million people may be killed in the next 15 years).

They will blow up the world before they relinquish the power they wield.

[PHATAL]

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.

Sent from my SM-G935F using Tapatalk

[Bossxr8]

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.

[Trump]

Originally Posted by Bossxr8

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.

The fact that trading in cryptos is being outlawed means that the cartel isn't able to make blockchain work for them.

[ford man xf]

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....

[GO FURTHER]

Interesting article, and what the future of Cryptocurrency needs to be...

The bank of England is planning a bitcoin style virtual currency

[Iggle Piggle]

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.

[Mercury Bullet]

Originally Posted by ford man xf

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....

The bloke at the casino who put his money on red, or was it black also doubled his money.

You can make heaps at the casino, you can also walk out without a shirt.

[ford man xf]

Originally Posted by Mercury Bullet

The bloke at the casino who put his money on red, or was it black also doubled his money.

You can make heaps at the casino, you can also walk out without a shirt.

The chance of making money off Crypto Currency is a lot higher than walking into a casino.

[mr smith]

Originally Posted by ford man xf

Ripple climbing back up again $1.75.

Think about this for a second,that's how ridiculous Crypto currency is....

Fixed it for you.

[mr smith]

Where are the dudes who dropped top dollar on Bitcoin...this will be remembered as the late teens Ponzi scheme.

[ford man xf]

Originally Posted by mr smith

Where are the dudes who dropped top dollar on Bitcoin...this will be remembered as the late teens Ponzi scheme.

Agree, but it's not a Ponzi scheme, a Ponzi scheme requires an enticement or promise of making money trading in Crypto Currency, none of this is the case, all currency trading sites state the risks involved.

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.

[Saski]

Originally Posted by Bossxr8

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.

Although on a global scale Asia represents a drop in the ocean compared to the wider crypto market. Not to mention there are several advanced countries with massive crypto mining facilities already in operation on a considerably much larger scale than in say in China or other Asian countries which to me says that there is still a strong demand.

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.

[NTF6]

Originally Posted by Saski

Although on a global scale Asia represents a drop in the ocean compared to the wider crypto market. Not to mention there are several advanced countries with massive crypto mining facilities already in operation on a considerably much larger scale than in say in China or other Asian countries which to me says that there is still a strong demand.



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.

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.

[GO FURTHER]

Originally Posted by NTF6

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.

You won't... Once governments adopt their own national cryptocurrency, it will be pegged to the value of that countries fiat currency.

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?

[Trump]

The media are in the process of bringing forward the Bitcoin bubble deflation:

http://www.theage.com.au/business/ma...17-h0k16t.html

[Outbackjack]

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.

[PHATAL]

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.

Sent from my SM-G935F using Tapatalk

[Saski]

Originally Posted by Outbackjack

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.

Exactly.

I also did the same as you.

[ford71V8]

Bpay clearance was about 18 hours to slow for me to really enjoy topping up on XRP.
Most annoying

[Trendseeker]

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.

[Lunch]

Originally Posted by ford71V8

Bpay clearance was about 18 hours to slow for me to really enjoy topping up on XRP.
Most annoying

Maybe hold out, it seems be at the lowest in its arc during the night

[ford71V8]

Originally Posted by Lunch

Maybe hold out, it seems be at the lowest in its arc during the night

Yeah I'm seeing that trend.
Money is still waiting to be used so hoping for another dip.
I got home about 11 last night - should have logged on before bed

[CJR09]

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?

[ford man xf]

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.

[Trendseeker]

Originally Posted by Saski

Although on a global scale Asia represents a drop in the ocean compared to the wider crypto market. Not to mention there are several advanced countries with massive crypto mining facilities already in operation on a considerably much larger scale than in say in China or other Asian countries which to me says that there is still a strong demand.

According to the sources listed below, the largest pools of Bitcoin miners are located in the following countries:
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.

[NTF6]

Originally Posted by CJR09

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?


image

I agree, I used to do a lot of stock market trading a few years ago and that is typical of bot trading.

[Revolver]

Originally Posted by Outbackjack

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.

A mate of mine said a very similar thing. Dips hard mid Jan, then comes back