Thread: Crypto

Page 1 of 2 12 LastLast
Results 1 to 20 of 21
  1. #1
    Member
    Join Date
    Oct 2012
    Location
    Va.
    Posts
    131

    Crypto

    Is crypto dead, very little being posted about it.

  2.  
  3. Member
    Join Date
    Jul 2012
    Location
    Houston
    Posts
    307
    #2
    Downturn and bear market scared away alot of people. Especially the ones who got in late just chasing returns without knowing anything about any of it. It will never "be dead." But projects will fail and alot of them will go away.

  4. Moderator JerryT's Avatar
    Join Date
    May 2004
    Location
    90210
    Posts
    16,090
    #3
    Iím not negitive yet but getting close... if I pulled all my money out a few weeks ago dangling my toes in the crypto market would have been a pretty big win with the money I took out a while back

  5. Member Bsktball55's Avatar
    Join Date
    Jun 2004
    Location
    Pevely, MO
    Posts
    5,727
    #4
    I think a lot of the junk coins are dying off, but I think there are some that will make a big come back.

  6. Amazing Member warcry's Avatar
    Join Date
    Feb 2010
    Location
    wandering
    Posts
    2,866
    #5
    If you're not in the top 5, you're withering on the vine. Those have the hype and the sustainability.

  7. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    7,257
    #6
    It's not dead, but there needs to be some news, and I think I heard it this morning. Kevin O'Leary talking about an ICO that is regulated by the SEC, and backed by physical assets. Something to do with a hotel chain. I think he said the ICO would be worth $400 million. It's meant to replace IPOs and does away with all the big banks and all the money thats involved with the IPO process. Would be a way for the little guy to get in at the beginning. If companies start doing this, it could be a turning point.
    Knowledge is the Kryptonite of Liberalism

  8. Member Bsktball55's Avatar
    Join Date
    Jun 2004
    Location
    Pevely, MO
    Posts
    5,727
    #7
    At the G20 summit they just said they weren't going to regulate cryptos at this time so that should help.

  9. Member
    Join Date
    Nov 2012
    Location
    Nederland, Tx
    Posts
    8,567
    #8
    To much negative news and manipulation. Plus the tax deal has cut down the trading big time. I'm in the red so it's either ride it in the ditch or to the moon. I read something the other day that kind of made sense to me. Everybody keeps waiting for bitcoin to moon but really it already has and now its going back down. It's just on a bigger scale than all the other coins.

  10. Member Bsktball55's Avatar
    Join Date
    Jun 2004
    Location
    Pevely, MO
    Posts
    5,727
    #9
    I'm interested to see where the whole crypto scene goes in the next couple years. Is it going to be something that really changes the way our money is handled or is was it just a fad that is already dying out.

  11. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    7,257
    #10
    Quote Originally Posted by Bsktball55 View Post
    I'm interested to see where the whole crypto scene goes in the next couple years. Is it going to be something that really changes the way our money is handled or is was it just a fad that is already dying out.

    I think it will clearly change the way money is handled, but, I don't think that means the value of Bitcoin or XRP or similar will be more or less.
    Knowledge is the Kryptonite of Liberalism

  12. Member
    Join Date
    Feb 2017
    Location
    Alpha ohio
    Posts
    196
    #11
    invest in the tech your coin backs not the fiat...or so i tell myself lol. NOW i shoulda cashed it all out as well a while back but i like the tech particularly in CND, ETH, VIBE, and TRON...left about 3k in and have just let it ride.

  13. Member
    Join Date
    Mar 2010
    Location
    Disco Bay CA
    Posts
    738
    #12
    Still in it, remember still up gains from last year, regulation from government on trade, and negative news has a lot of people guessing themselves on investing in it. I personally moved into block like ETH, and NEO, still hold BIT an light for currency..

  14. Member
    Join Date
    Feb 2017
    Location
    Alpha ohio
    Posts
    196
    #13
    Tron has all the potential in the world to do well if things stabilize

  15. Member
    Join Date
    Jun 2014
    Location
    Camden, TN
    Posts
    1,476
    #14
    Quote Originally Posted by OHellnofishin View Post
    Tron has all the potential in the world to do well if things stabilize
    Lord I hope you are right.

  16. Member
    Join Date
    Jan 2015
    Location
    Pineville LA
    Posts
    294
    #15
    Tron is less than .02 now so it can't go much lower. I took the opportunity to average down and hope it starts climbing soon. I think it will do good but I don't think it's going to happen over night.
    2014 ZX190, 175 HPDI
    HELIX 10 CHIRP MEGA SI GPS G2N

  17. Member Bsktball55's Avatar
    Join Date
    Jun 2004
    Location
    Pevely, MO
    Posts
    5,727
    #16
    I've still got a little money in XRP, seems like there is a lot of working going on to actually make it useful, but there's not any movement upward on the price. The buzz has definitely died down, but if you look at historic charts, it seems like it does this every year. Big move upward at the end of the year and then fade away. The amount I have invested won't hurt if I lose it, but I would really like to see it make a turn around.

  18. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    7,257
    #17
    I read a story the other day about a college student trying to commit suicide because they used their student loans to buy ETH. ETH was going to be the greatest thing thing ever. Apparently alot of kids did that and are getting hurt. Hope is not an investment strategy. It can always go lower. .02 can turn into .0002.
    Knowledge is the Kryptonite of Liberalism

  19. Member Bsktball55's Avatar
    Join Date
    Jun 2004
    Location
    Pevely, MO
    Posts
    5,727
    #18
    Quote Originally Posted by boneil View Post
    I read a story the other day about a college student trying to commit suicide because they used their student loans to buy ETH. ETH was going to be the greatest thing thing ever. Apparently alot of kids did that and are getting hurt. Hope is not an investment strategy. It can always go lower. .02 can turn into .0002.
    Heard several stories of people mortgaging their houses to buy crypto. People were playing the lottery with their house as collateral. I admit, I got caught up in it when I was making $1000 or more a day off of a couple thousand dollar investment, but would never put more in it than I was willing to lose.

  20. Member Bsktball55's Avatar
    Join Date
    Jun 2004
    Location
    Pevely, MO
    Posts
    5,727
    #19
    XRP has been coming alive this week. Wonder how high it's going to go this time. Is it possible to see the gains like we had last year again?

  21. Member
    Join Date
    Jul 2016
    Location
    Georgia
    Posts
    89
    #20
    Guy at work made a mint in BTC but he’s betting the farm on EOS. I’m not in crypto.

Page 1 of 2 12 LastLast