Chat Forum
It is currently Sat Sep 22, 2018 8:23 pm

All times are UTC [ DST ]




Post new topic Reply to topic  [ 2214 posts ]  Go to page Previous  1 ... 25, 26, 27, 28, 29, 30, 31 ... 56  Next
Author Message
PostPosted: Fri Jan 05, 2018 9:03 am 
Online

Joined: Tue Jan 31, 2012 11:05 am
Posts: 52286
A "sell wall" eh?

Sorry that's just silly terminology.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 9:32 am 
Offline
User avatar

Joined: Fri Jun 15, 2012 6:52 am
Posts: 3885
Location: Spiritual Guardian
sorCrer wrote:
dam0 wrote:
XRP had a bit of a 'correction' and is now trading around the 2.60-2.70 range. This is a response to the release by coinbase that they 'haven't decided' whether to add XRP yet. I bought some more at 2.60, because I think the announcement said almost nothing of value (and was just a prudent release from a responsible exchange)

Considering I bought most at an average price of .38 it's still doing well, but I am now a bit worried I have over extended on XRP. What do the gurus here think? Time to consolidate back into ETH, LTC, BTC and BCH, or just ride XRP to boom (or bust)?

Thoughts Sorcer??


XRP started the year on 6 exchanges and is now listed on 50 (https://ripple.com/insights/xrp-now-ava ... worldwide/) Coinbase will absolutely have to list it although in my view Coinbase are a little devious as shown in their dealings with BCH. Their CEO statement was simply: “Any statement to the contrary is untrue and not authorized by the company”. If they pull the same stunt, expect a sudden listing with disruption but price increase. Watching it on 1 minute candles you can see the interest over the last few hours.

In my view, Ripple has a solid business which is carefully and well run and employs over 100 people. It has also got millions of dollars in Venture capital and has been around for some time.

Some Koolaid: https://ripple.com/insights/10-things-need-know-xrp/

Yes I agree RE the Coinbase statement. To me it was a nothing statement that kept all the options open.

XRP is going on a bit of tear just in the last 30 mins or so. Back to normal transmission. The "correction" was to a level higher than it was 36 hours ago!!


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 9:54 am 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
RoseGarden wrote:
Coinbase won't be adding anything until they have more capacity/staff they can't handle incoming and outgoing wires and even BTCtransfers are taking hours to go on to the block chain while they get BTCs out of cold storage.

Binance and Bittrex also struggling and have closed signups for now. Everyone still trying to get in on the goldrush.


Yeah complete cockup. Bitstamp has got new signup delays going back 8 weeks.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 10:04 am 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 6640
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


No makes perfect sense but to help lets call it strong HSR.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 10:25 am 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 14468
Location: XPAT CUNT
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 11:31 am 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 6640
Have become a Raiblocks Fanboi in about 3 seconds! Finally sorted bitgrail out and grabbed a few and then exported to the web wallet. If money can move like that globally and with no fee then its a real game changer. Its everything BTC et al claimed to be but doesn't deliver.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 11:36 am 
Offline
User avatar

Joined: Sun Jul 19, 2015 12:39 pm
Posts: 891
XRB won the vote and will be added to Binance soon.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 11:39 am 
Offline

Joined: Tue Jan 31, 2012 3:07 pm
Posts: 6907
RoseGarden wrote:
Coinbase won't be adding anything until they have more capacity/staff they can't handle incoming and outgoing wires and even BTCtransfers are taking hours to go on to the block chain while they get BTCs out of cold storage.

Binance and Bittrex also struggling and have closed signups for now. Everyone still trying to get in on the goldrush.


Except gold will last the test of time. This...


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 12:18 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 14468
Location: XPAT CUNT
Rumham wrote:
RoseGarden wrote:
Coinbase won't be adding anything until they have more capacity/staff they can't handle incoming and outgoing wires and even BTCtransfers are taking hours to go on to the block chain while they get BTCs out of cold storage.

Binance and Bittrex also struggling and have closed signups for now. Everyone still trying to get in on the goldrush.


Except gold will last the test of time. This...


Until asteroid mining is feasible.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 12:22 pm 
Online
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 11012
Location: Sunny London
Have invested about 1000 pounds in bitcoins, ethereum and Ripple recently. Hopefully it won't go south.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 1:45 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
Rumham wrote:
RoseGarden wrote:
Coinbase won't be adding anything until they have more capacity/staff they can't handle incoming and outgoing wires and even BTCtransfers are taking hours to go on to the block chain while they get BTCs out of cold storage.

Binance and Bittrex also struggling and have closed signups for now. Everyone still trying to get in on the goldrush.


Except gold will last the test of time. This...


Actually in theory, this should to...that's the whole point of the blockchain.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 1:55 pm 
Offline

Joined: Tue Jan 31, 2012 3:07 pm
Posts: 6907
sorCrer wrote:
Rumham wrote:
RoseGarden wrote:
Coinbase won't be adding anything until they have more capacity/staff they can't handle incoming and outgoing wires and even BTCtransfers are taking hours to go on to the block chain while they get BTCs out of cold storage.

Binance and Bittrex also struggling and have closed signups for now. Everyone still trying to get in on the goldrush.


Except gold will last the test of time. This...


Actually in theory, this should to...that's the whole point of the blockchain.


Block chain is not the issue here. It is the ever expanding web of imaginary currecncies floating about purporting to be viable alternatives to the existing the monetary system. It is complete hogwash.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 2:35 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 33259
Zakar wrote:
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


:lol: That is a good quip. But equally he could be Hal Holbrook in Wall Street.

Doesn't the very existence and use of a term like 'sell wall' just mean there is vast market manipulation going on and that in the short term people are being stiffed all over the place, and in the long term, people will be fleeced completely and end up living in barrels?


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 2:39 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 31235
Seneca of the Night wrote:
Zakar wrote:
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


:lol: That is a good quip. But equally he could be Hal Holbrook in Wall Street.

Doesn't the very existence and use of a term like 'sell wall' just mean there is vast market manipulation going on and that in the short term people are being stiffed all over the place, and in the long term, people will be fleeced completely and end up living in barrels?



It does.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 2:40 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 33259
sorCrer wrote:
Rumham wrote:
RoseGarden wrote:
Coinbase won't be adding anything until they have more capacity/staff they can't handle incoming and outgoing wires and even BTCtransfers are taking hours to go on to the block chain while they get BTCs out of cold storage.

Binance and Bittrex also struggling and have closed signups for now. Everyone still trying to get in on the goldrush.


Except gold will last the test of time. This...


Actually in theory, this should to...that's the whole point of the blockchain.


Image

In the year 24,456 the guardians behold the solid matter of the blockchain, long thought lost by the 'above grounders' since the demise of the servers in the great cluster war of the peak-mining era.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 4:41 pm 
Online

Joined: Tue Jan 31, 2012 11:05 am
Posts: 52286
Zakar wrote:
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


Oh, I was an average broker even at my best, agreed. Even so, I've certainly never mistaken my Romford twang for downtown abbey even when delivering news of the "sell wall" or bazingo bidding.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 6:26 pm 
Offline

Joined: Tue Jan 31, 2012 11:05 am
Posts: 3350
The comparison of Bitcoin with gold is surely a stupid joke. Are the people that make that comparison serious? I'm obviously an afficionado of crypto in general, and see it as an important political as well as technical project, but that comparison is utterly ridiculous.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 7:40 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
Seneca of the Night wrote:
Zakar wrote:
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


:lol: That is a good quip. But equally he could be Hal Holbrook in Wall Street.

Doesn't the very existence and use of a term like 'sell wall' just mean there is vast market manipulation going on and that in the short term people are being stiffed all over the place, and in the long term, people will be fleeced completely and end up living in barrels?


Nope.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 7:45 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
Rumham wrote:
sorCrer wrote:
Rumham wrote:
RoseGarden wrote:
Coinbase won't be adding anything until they have more capacity/staff they can't handle incoming and outgoing wires and even BTCtransfers are taking hours to go on to the block chain while they get BTCs out of cold storage.

Binance and Bittrex also struggling and have closed signups for now. Everyone still trying to get in on the goldrush.


Except gold will last the test of time. This...


Actually in theory, this should to...that's the whole point of the blockchain.


Block chain is not the issue here. It is the ever expanding web of imaginary currecncies floating about purporting to be viable alternatives to the existing the monetary system. It is complete hogwash.


Point I was making that with the blockchain being decentralised it in theory will last forever and so will your cryptokitty.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 7:48 pm 
Offline

Joined: Wed May 30, 2012 5:46 am
Posts: 12720
Do you ask your wife the crypo expert before you write these posts?


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 7:52 pm 
Online

Joined: Tue Jan 31, 2012 11:05 am
Posts: 52286
sorCrer wrote:
Seneca of the Night wrote:
Zakar wrote:
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


:lol: That is a good quip. But equally he could be Hal Holbrook in Wall Street.

Doesn't the very existence and use of a term like 'sell wall' just mean there is vast market manipulation going on and that in the short term people are being stiffed all over the place, and in the long term, people will be fleeced completely and end up living in barrels?


Nope.



I thought you were a smart investor, the market is rigged.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 7:58 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 11903
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


SorCrer has been pretty on the money in this thread, and other Bitcoin threads before this one, even if I strongly disagree with him on Ripple's long term outlook.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:00 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 14468
Location: XPAT CUNT
bimboman wrote:
Zakar wrote:
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


Oh, I was an average broker even at my best, agreed. Even so, I've certainly never mistaken my Romford twang for downtown abbey even when delivering news of the "sell wall" or bazingo bidding.


Was just a joke, and fwiw, I agree that plenty of crypto jagon is stupid. TBF though most jagon is, and either results in, or is designed to be exclusionary. Finance and tech are both huge fiends for it, and the crypto currencies tend to use the worst from both camps.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:00 pm 
Online

Joined: Tue Jan 31, 2012 11:05 am
Posts: 52286
goeagles wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


SorCrer has been pretty on the money in this thread, and other Bitcoin threads before this one, even if I strongly disagree with him on Ripple's long term outlook.



And he's a a billionaire ....


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:02 pm 
Offline

Joined: Wed May 30, 2012 5:46 am
Posts: 12720
Poor TranceNRG probably followed this guy's advice when he wiped his ass with 1000 of his hard-earned dough on play tokens.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:03 pm 
Online

Joined: Tue Jan 31, 2012 11:05 am
Posts: 52286
Zakar wrote:
bimboman wrote:
Zakar wrote:
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


Oh, I was an average broker even at my best, agreed. Even so, I've certainly never mistaken my Romford twang for downtown abbey even when delivering news of the "sell wall" or bazingo bidding.


Was just a joke, and fwiw, I agree that plenty of crypto jagon is stupid. TBF though most jagon is, and either results in, or is designed to be exclusionary. Finance and tech are both huge fiends for it, and the crypto currencies tend to use the worst from both camps.



I thought about the jargon used and of course realised my old community had plenty of terms sometimes to keep outsiders out.

I particularly enjoy reading about "atomic swaps" ....


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:05 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 14468
Location: XPAT CUNT
bimboman wrote:
Zakar wrote:
bimboman wrote:
Zakar wrote:
bimboman wrote:
A "sell wall" eh?

Sorry that's just silly terminology.


I'm sure you think you come across like Hugh Bonneville in Downtown Abbey, but you actually come across like Hugh Bonneville in Notting Hill.


Oh, I was an average broker even at my best, agreed. Even so, I've certainly never mistaken my Romford twang for downtown abbey even when delivering news of the "sell wall" or bazingo bidding.


Was just a joke, and fwiw, I agree that plenty of crypto jagon is stupid. TBF though most jagon is, and either results in, or is designed to be exclusionary. Finance and tech are both huge fiends for it, and the crypto currencies tend to use the worst from both camps.



I thought about the jargon used and of course realised my old community had plenty of terms sometimes to keep outsiders out.

I particularly enjoy reading about "atomic swaps" ....


I wonder if these atomic swaps will have knock in caps or floors? :lol:


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:11 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


I don't have a wife? That said, I've been trading cryptocurrencies for more than 4 years.

<globusmode>In May 2014, the front page of our largest national newspaper (Sunday Times) business section i.e. the big story was an article about me and BTC trading</globusmode>

The point is that cryptocurrencies are already here and not going anywhere and sooner or later yourself (Bimbo, SON, etc) will be asking for the price of an item in sats :lol:


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:14 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
bimboman wrote:
goeagles wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


SorCrer has been pretty on the money in this thread, and other Bitcoin threads before this one, even if I strongly disagree with him on Ripple's long term outlook.



And he's a a billionaire ....


Hey Bimb's no need to be flippant :)

Do you know the High Life Shop magazine?


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:15 pm 
Online

Joined: Tue Jan 31, 2012 11:05 am
Posts: 52286
sorCrer wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


I don't have a wife? That said, I've been trading cryptocurrencies for more than 4 years.

<globusmode>In May 2014, the front page of our largest national newspaper (Sunday Times) business section i.e. the big story was an article about me and BTC trading</globusmode>

The point is that cryptocurrencies are already here and not going anywhere and sooner or later yourself (Bimbo, SON, etc) will be asking for the price of an item in sats :lol:



I'm not denying that block chain application will spread, nor that they'll eventually be accepted methods of electronic exchange with things looking like currencies.

The point about currencies (plural) and new ones popping up, and the current in suitability for use in the real world, plus that they're manipulated and going to cause huge losses is also not something I doubt.

Your Gold comparison was enjoyable though.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:15 pm 
Offline

Joined: Wed May 30, 2012 5:46 am
Posts: 12720
Sorry to hear about the divorce man.

sorCrer wrote:
pontifex wrote:
I agree with most of that. I just don't see the point of Bitcoin when compared with newer, better tech. I mean I know what gives it its current value, I just don't believe that brand recognition and vested interests equate to the properties of gold. Anyway, as everyone else in the space, I made my bets, for reasons which reflect my personal prejudices (environment is a big one).


Well the thinking has always been that Bitcoin was the precursor and something will replace it. I'm slowly but surely moving into ETH (for multiple use case reason), XRP which I'm very long term bullish on and IOTA. My wife is an alt coin specialist so she tends to have to keep me up to date.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:20 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
Bowens wrote:
Sorry to hear about the divorce man.

sorCrer wrote:
pontifex wrote:
I agree with most of that. I just don't see the point of Bitcoin when compared with newer, better tech. I mean I know what gives it its current value, I just don't believe that brand recognition and vested interests equate to the properties of gold. Anyway, as everyone else in the space, I made my bets, for reasons which reflect my personal prejudices (environment is a big one).


Well the thinking has always been that Bitcoin was the precursor and something will replace it. I'm slowly but surely moving into ETH (for multiple use case reason), XRP which I'm very long term bullish on and IOTA. My wife is an alt coin specialist so she tends to have to keep me up to date.


Semantics. We're not married. She is my 'common law' wife. Not sure if this legal classification exists elsewhere.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:53 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 33259
sorCrer wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


I don't have a wife? That said, I've been trading cryptocurrencies for more than 4 years.

<globusmode>In May 2014, the front page of our largest national newspaper (Sunday Times) business section i.e. the big story was an article about me and BTC trading</globusmode>

The point is that cryptocurrencies are already here and not going anywhere and sooner or later yourself (Bimbo, SON, etc) will be asking for the price of an item in sats :lol:


I know it goes with the territory in this particular and peculiar case (that of blockchain, bitcoin, and cryptocurrencies), but I can't recall when I've ever discussed something with someone where there has been such a category gulf. You are simply talking about something completely different from me.

You seem as far from geting my point as ever. That seems to be the most terrifying thing about this phenomenon.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:55 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 33259
goeagles wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


SorCrer has been pretty on the money in this thread, and other Bitcoin threads before this one, even if I strongly disagree with him on Ripple's long term outlook.


What you mean is that he is reading the market well, but the market is not a closed universe.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 8:59 pm 
Offline

Joined: Tue Jan 31, 2012 3:07 pm
Posts: 6907
sorCrer wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


I don't have a wife? That said, I've been trading cryptocurrencies for more than 4 years.

<globusmode>In May 2014, the front page of our largest national newspaper (Sunday Times) business section i.e. the big story was an article about me and BTC trading</globusmode>

The point is that cryptocurrencies are already here and not going anywhere and sooner or later yourself (Bimbo, SON, etc) will be asking for the price of an item in sats :lol:



https://www.vanityfair.com/news/2018/01/cryptocurrency-dog-meme-more-than-1-billion


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 9:02 pm 
Online

Joined: Tue Jan 31, 2012 11:05 am
Posts: 52286
Seneca of the Night wrote:
goeagles wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


SorCrer has been pretty on the money in this thread, and other Bitcoin threads before this one, even if I strongly disagree with him on Ripple's long term outlook.


What you mean is that he is reading the market well, but the market is not a closed universe.


He read the bubble well for sure. .i am sure he'll read the crash.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 9:05 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 33259
bimboman wrote:
Seneca of the Night wrote:
goeagles wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


SorCrer has been pretty on the money in this thread, and other Bitcoin threads before this one, even if I strongly disagree with him on Ripple's long term outlook.


What you mean is that he is reading the market well, but the market is not a closed universe.


He read the bubble well for sure. .i am sure he'll read the crash.


Image


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 9:13 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
Seneca of the Night wrote:
sorCrer wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


I don't have a wife? That said, I've been trading cryptocurrencies for more than 4 years.

<globusmode>In May 2014, the front page of our largest national newspaper (Sunday Times) business section i.e. the big story was an article about me and BTC trading</globusmode>

The point is that cryptocurrencies are already here and not going anywhere and sooner or later yourself (Bimbo, SON, etc) will be asking for the price of an item in sats :lol:


I know it goes with the territory in this particular and peculiar case (that of blockchain, bitcoin, and cryptocurrencies), but I can't recall when I've ever discussed something with someone where there has been such a category gulf. You are simply talking about something completely different from me.

You seem as far from geting my point as ever. That seems to be the most terrifying thing about this phenomenon.


Let me try.

Your concern is that a large number of uneducated (in terms of financial instruments) people are investing money in what appears at face value to be, excuse the pun, ether. They're doing this in a very unregulated market where devious financial intellects can manipulate and 'scam' them to the extent that they can lose a serious portion of their living money (i.e. beyond their savings). You clearly accept that the broader technology has value but would prefer tighter regulatory oversight to protect the aforesaid adopters.


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 9:17 pm 
Online

Joined: Tue Jan 31, 2012 11:05 am
Posts: 52286
sorCrer wrote:
Seneca of the Night wrote:
sorCrer wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


I don't have a wife? That said, I've been trading cryptocurrencies for more than 4 years.

<globusmode>In May 2014, the front page of our largest national newspaper (Sunday Times) business section i.e. the big story was an article about me and BTC trading</globusmode>

The point is that cryptocurrencies are already here and not going anywhere and sooner or later yourself (Bimbo, SON, etc) will be asking for the price of an item in sats :lol:


I know it goes with the territory in this particular and peculiar case (that of blockchain, bitcoin, and cryptocurrencies), but I can't recall when I've ever discussed something with someone where there has been such a category gulf. You are simply talking about something completely different from me.

You seem as far from geting my point as ever. That seems to be the most terrifying thing about this phenomenon.


Let me try.

Your concern is that a large number of uneducated (in terms of financial instruments) people are investing money in what appears at face value to be, excuse the pun, ether. They're doing this in a very unregulated market where devious financial intellects can manipulate and 'scam' them to the extent that they can lose a serious portion of their living money (i.e. beyond their savings). You clearly accept that the broader technology has value but would prefer tighter regulatory oversight to protect the aforesaid adopters.



Well I'd rather they didn't lose savings they can afford as well.

You do know it's being manipulated don't you ?


Top
 Profile  
 
PostPosted: Fri Jan 05, 2018 9:21 pm 
Offline
User avatar

Joined: Tue Jan 31, 2012 11:05 am
Posts: 10012
bimboman wrote:
sorCrer wrote:
Seneca of the Night wrote:
sorCrer wrote:
Bowens wrote:
Do you ask your wife the crypo expert before you write these posts?


I don't have a wife? That said, I've been trading cryptocurrencies for more than 4 years.

<globusmode>In May 2014, the front page of our largest national newspaper (Sunday Times) business section i.e. the big story was an article about me and BTC trading</globusmode>

The point is that cryptocurrencies are already here and not going anywhere and sooner or later yourself (Bimbo, SON, etc) will be asking for the price of an item in sats :lol:


I know it goes with the territory in this particular and peculiar case (that of blockchain, bitcoin, and cryptocurrencies), but I can't recall when I've ever discussed something with someone where there has been such a category gulf. You are simply talking about something completely different from me.

You seem as far from geting my point as ever. That seems to be the most terrifying thing about this phenomenon.


Let me try.

Your concern is that a large number of uneducated (in terms of financial instruments) people are investing money in what appears at face value to be, excuse the pun, ether. They're doing this in a very unregulated market where devious financial intellects can manipulate and 'scam' them to the extent that they can lose a serious portion of their living money (i.e. beyond their savings). You clearly accept that the broader technology has value but would prefer tighter regulatory oversight to protect the aforesaid adopters.



Well I'd rather they didn't lose savings they can afford as well.

You do know it's being manipulated don't you ?


Just for clarity what is being manipulated and by whom? As a follow-up, why do you think that people can't make a decision as to what to do with the money they have (in most cases) earned?


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 2214 posts ]  Go to page Previous  1 ... 25, 26, 27, 28, 29, 30, 31 ... 56  Next

All times are UTC [ DST ]


Who is online

Users browsing this forum: Big Nipper, bimboman, Boobs not Moobs, Conspicuous, danny_fitz, Diego, DOB, eldanielfire, Floppykid, Google Adsense [Bot], Google [Bot], HighKingLeinster, Jeff the Bear, Liathroidigloine, maherro, malky, Margin_Walker, Mick Mannock, mr bungle, Nolanator, obelixtim, penguin, Sards, The Mute, tiddle, TranceNRG, ZappaMan and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
cron
Powered by phpBB® Forum Software © phpBB Group