12-04-2017, 03:34 PM | #69 |
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12-04-2017, 03:52 PM | #70 |
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12-05-2017, 03:27 AM | #71 |
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12-05-2017, 03:59 AM | #72 |
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This seems to have went quite well since original post.
I still reckon ETH will surpass Bitcoin. It has a number of advantages over bitcoin and that's where the increase is likely to be. Security is key (no pun intended) with these currencies though. |
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12-05-2017, 04:15 AM | #73 | |
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Welcome back BTW! |
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12-05-2017, 02:48 PM | #74 |
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If anyone is considering this, do recall that approximately 10% of the traffic on Etherium is 'cryptokitties'.
http://www.bbc.co.uk/news/technology-42237162 |
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12-06-2017, 01:32 PM | #75 | |
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12-06-2017, 01:42 PM | #76 | ||
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12-06-2017, 01:54 PM | #77 |
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Bitcoin is going mental now. From about 11500 to 13000 in less than a day!
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12-06-2017, 02:06 PM | #78 | |
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The rumour was that once it hit 10k, it would surge. Happy teddy bear today for sure, 200% up on my Bitcoin (bought at £3669). Sitting tight for a tangible increase in XRP. Its been sitting at 0.17p for about 6 weeks with only a couple of excursions above 0.20p. |
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12-06-2017, 04:33 PM | #79 |
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My point is that it looks like a classic bubble. The 'valuations' are based on hype and the only way in which those valuations continue to rise is by more and more people piling in to the hype.
Like dutch tulips, or the dotcom boom bust, when the correction comes it will be swift and vicious. And by 'swift', I mean that the 'value' crashes to 'unsellable at any price' in a matter of days, or even hours. |
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12-06-2017, 04:52 PM | #80 | |
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This comment just sounds like something you read recently that someone else wrote. Dutch tulip mania is one of the most mentioned but least well understood historical episodes there is. No doubts that there is plenty speculative money in bitcoins and other crypto, but in all those bubbles there were plenty of folk who made a fortune.
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12-06-2017, 05:46 PM | #81 | |
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Before putting a single penny into BTC or any other equivalent, the big question I ask myself is "Where is the value". Where is my future profit going to come from, in other words. BTC has increased in value nearly ten-fold in the last 7 months. There is nothing in any fundamentals that says it will maintain the current price, or that the price will increase. There is nothing to back up the current (or any) valuation. Etherium the same. The price has jumped from $8 at the start of this year to (about) $480 now. That's a 60-fold increase. The only reason for Etherium's price rocket has been by people piling in, being scared of missing out. The people I'd be scared for are those who are jumping onto what is basically a huge pyramid / Ponzi scheme, because they are being told that they're missing out on the next big thing. Just like in the dotcom boom/bust. Just like the tulip mania. |
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12-06-2017, 05:53 PM | #82 |
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Speaking of hacking, nicehash was relieved of around 60 million dollars worth of BTC today. £3k worth of which was mine.
To say I am pissed off is an understatement. Thank goodness I was semi regularly transferring to an external wallet. I know there are a lot of people out there that have lost way more than this today. |
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12-07-2017, 02:43 AM | #83 | |
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12-07-2017, 02:50 AM | #84 |
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Presume you guys have read the articles about tether/bitfinex potentially driving the bitcoin rises. There was a good one on seekingalpha in the last day or two and several others out there.
ETA- bloody hell, almost $15k now, enjoy!
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12-07-2017, 03:01 AM | #85 |
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I think if I had invested in Bitcoin recently i'd be selling now. Only way to be relatively safe is to buy for a few cents and hopefully you back the right horse.
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12-07-2017, 03:12 AM | #86 | |
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Very hard to pull out when seeing daily gains that rival the monthly or even annual gain from traditional medium or high risk investments.
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12-07-2017, 03:35 AM | #87 | |
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robbiep, understand where youre coming from but if you have a few quid in Bitcoin, its a very interesting time at the moment and its all about luck. I was lucky to buy at a point where it was fairly low and am seeing a huge return. Sure, bubble will burst at some point but like any shares 'gamble', its picking the right time to ditch. I'm sitting tight on XRP but may well move my BTC soon. Thats half the fun. |
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12-07-2017, 04:02 AM | #88 | |
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A day is a long time in the world of cryptocurrencies! I have buys at various prices from a couple of months ago and doing ok, so have set stop losses at various levels so that if a crash happens I lock in a large proportion of my gains. I have a friend who bought £4k a week ago, has made £1k already and has decided he's happy with that and has sold it.
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