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Crypto currency
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I spotted the thread on how much money have you got in the bank
And wondered what percentage of people now own crypto?
Did you know you can earn insane interest rates on your cash and crypto using crypto wallets?
Does any one still not know what bitcoin or crypto is?
Apart from bitcoin and Ethereum what crypto do you own?
No need for specifics just interesting to see whos in the know
 |
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"I’m staking BNT and have a nice stack of Link in a separate wallet. Also a small stack of ersdl 
Ersdl? "
Yes go check it out…. Will be a cracker. Low MC, great fundamentals and roadmap with a good team. |
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"It’s gonna burst "
People have been saying thisnold line for years yet its still gaining popularity and ive taken out more than i put in so if it does who cares at this point better than gambling thats for sure |
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"It’s gonna burst
People have been saying thisnold line for years yet its still gaining popularity and ive taken out more than i put in so if it does who cares at this point better than gambling thats for sure"
Unless it bursts and all of it becomes worthless? |
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By (user no longer on site)
over a year ago
|
We look at Crypto as a potentially volatile risky investment. Unless of course the Crypto a person owns they mined themselves. Even then the time and electricity bill to get it may not be worth it. |
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By (user no longer on site)
over a year ago
|
"I spotted the thread on how much money have you got in the bank
And wondered what percentage of people now own crypto?
Did you know you can earn insane interest rates on your cash and crypto using crypto wallets?
Does any one still not know what bitcoin or crypto is?
Apart from bitcoin and Ethereum what crypto do you own?
No need for specifics just interesting to see whos in the know
"
Tell me more OP how do i get it |
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By (user no longer on site)
over a year ago
|
"I spotted the thread on how much money have you got in the bank
And wondered what percentage of people now own crypto?
Did you know you can earn insane interest rates on your cash and crypto using crypto wallets?
Does any one still not know what bitcoin or crypto is?
Apart from bitcoin and Ethereum what crypto do you own?
No need for specifics just interesting to see whos in the know
Tell me more OP how do i get it
Best place to just buy without going down the exchanges root would be to useaccounts"
Op delete before hit the bad step it’s agenst site rules to post website other then YouTube |
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"I spotted the thread on how much money have you got in the bank
And wondered what percentage of people now own crypto?
Did you know you can earn insane interest rates on your cash and crypto using crypto wallets?
Does any one still not know what bitcoin or crypto is?
Apart from bitcoin and Ethereum what crypto do you own?
No need for specifics just interesting to see whos in the know
Tell me more OP how do i get it
Best place to just buy without going down the exchanges root would be to useaccounts
Op delete before hit the bad step it’s agenst site rules to post website other then YouTube "
Thanks for the heads up
Just google swissborg or crypto maybe add a dot and a com  |
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Not really got into it too much. Just have a pc mining bitcoin. Have around £1600 atm. Will need to research it a bit to do anything with it but it's not cost anything so if I loose it then nothing lost |
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"Not really got into it too much. Just have a pc mining bitcoin. Have around £1600 atm. Will need to research it a bit to do anything with it but it's not cost anything so if I loose it then nothing lost"
A pc that is still capable of mining bitcoin must be some pc is it quantum?
But thats definitely more bitcoin than most it seems best to have some rather than none |
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By (user no longer on site)
over a year ago
|
I don't invest in what I don't understand. I do t understand the value of any given currency. So I'm out
I also see the high interest rates and that screams all kinds of warnings.
|
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"I don't invest in what I don't understand. I do t understand the value of any given currency. So I'm out
I also see the high interest rates and that screams all kinds of warnings.
"
I take it you have a deep understanding in the fiscal system and how money is created then? |
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"Not really got into it too much. Just have a pc mining bitcoin. Have around £1600 atm. Will need to research it a bit to do anything with it but it's not cost anything so if I loose it then nothing lost
A pc that is still capable of mining bitcoin must be some pc is it quantum?
But thats definitely more bitcoin than most it seems best to have some rather than none"
It's nothing special. It churns out around £8 a day atm. I managed to pick up some half decent parts before they all sky rocketed in price. I could sell the parts and get triple what I payed for them |
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By (user no longer on site)
over a year ago
|
"I don't invest in what I don't understand. I do t understand the value of any given currency. So I'm out
I also see the high interest rates and that screams all kinds of warnings.
I take it you have a deep understanding in the fiscal system and how money is created then? "
I have a better understanding. I also don't "invest" in cash per se. Although I do hold it as cash matches some of my short term liabilities with certainty.
Interesting you've gone for this as a currency. ATM it's a terrible currency given huge volatility. I'd see it more as an asset. |
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"Not really got into it too much. Just have a pc mining bitcoin. Have around £1600 atm. Will need to research it a bit to do anything with it but it's not cost anything so if I loose it then nothing lost
A pc that is still capable of mining bitcoin must be some pc is it quantum?
But thats definitely more bitcoin than most it seems best to have some rather than none
It's nothing special. It churns out around £8 a day atm. I managed to pick up some half decent parts before they all sky rocketed in price. I could sell the parts and get triple what I payed for them "
No way you have a pc that mines £8 a day in bitcoin what are you mining with it |
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"I have a fraction over 2 Bitcoin I bought for £1k fantastic investment wish I’d bought more. Also have a bit of xrp, dogecoin and Stella "
Dogecoin come on thats a meme coin, lol but few people made some money on that but wouldn't be buying it |
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"I don't invest in what I don't understand. I do t understand the value of any given currency. So I'm out
I also see the high interest rates and that screams all kinds of warnings.
I take it you have a deep understanding in the fiscal system and how money is created then? I have a better understanding. I also don't "invest" in cash per se. Although I do hold it as cash matches some of my short term liabilities with certainty.
Interesting you've gone for this as a currency. ATM it's a terrible currency given huge volatility. I'd see it more as an asset. "
Shhhhhh, don’t let the SEC hear you say that  |
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"It’s doing ok for me. When musk tweets it goes up. Xrp and Stella have a bit more bite and creditability "
Old musk is a shill he made big bags out of his tweets first bitcoin then he dumped on that and boosted doge smart move for him |
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"I don't invest in what I don't understand. I do t understand the value of any given currency. So I'm out
I also see the high interest rates and that screams all kinds of warnings.
I take it you have a deep understanding in the fiscal system and how money is created then? I have a better understanding. I also don't "invest" in cash per se. Although I do hold it as cash matches some of my short term liabilities with certainty.
Interesting you've gone for this as a currency. ATM it's a terrible currency given huge volatility. I'd see it more as an asset. "
 |
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Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April. |
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"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April. "
Thats the way to do it once you have your investment back its all play money and still your making more |
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"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more "
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! |
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By (user no longer on site)
over a year ago
|
"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! "
I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor ! |
Reply privately, Reply in forum +quote
or View forums list | |
"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !"
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it  |
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By (user no longer on site)
over a year ago
|
"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it "
doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now. |
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or View forums list | |
"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now. "
Every transaction is on the Blockchain for all to see so if you know someones address you can view there transactions not as anonymous as people believe
Banks are already developing their own crytpo and employing Blockchain tech im sure they will find a way to profit from them |
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By (user no longer on site)
over a year ago
|
"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now.
Every transaction is on the Blockchain for all to see so if you know someones address you can view there transactions not as anonymous as people believe
Banks are already developing their own crytpo and employing Blockchain tech im sure they will find a way to profit from them"
you need to know the address right ? As I said banks probably can do this today. However anyone can do it with Blockchain (as you say it's public) so why will banks have an advantage under their BC versus BTC BC?
(I don't disagree banks are motivated by profit. Just exploring how they can via a central bank Blockchain) |
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"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now.
Every transaction is on the Blockchain for all to see so if you know someones address you can view there transactions not as anonymous as people believe
Banks are already developing their own crytpo and employing Blockchain tech im sure they will find a way to profit from themyou need to know the address right ? As I said banks probably can do this today. However anyone can do it with Blockchain (as you say it's public) so why will banks have an advantage under their BC versus BTC BC?
(I don't disagree banks are motivated by profit. Just exploring how they can via a central bank Blockchain)"
They are creating their own CBDC,s the blockchain will be centralised and they will control it and the data within |
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"I’m staking BNT and have a nice stack of Link in a separate wallet. Also a small stack of ersdl
Ersdl?
Yes go check it out…. Will be a cracker. Low MC, great fundamentals and roadmap with a good team."
This is what every coin says |
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or View forums list | |
"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now.
Every transaction is on the Blockchain for all to see so if you know someones address you can view there transactions not as anonymous as people believe
Banks are already developing their own crytpo and employing Blockchain tech im sure they will find a way to profit from themyou need to know the address right ? As I said banks probably can do this today. However anyone can do it with Blockchain (as you say it's public) so why will banks have an advantage under their BC versus BTC BC?
(I don't disagree banks are motivated by profit. Just exploring how they can via a central bank Blockchain)"
Have a look at El Salvador, which today have adopted Bitcoin as legal tender. |
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"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now.
Every transaction is on the Blockchain for all to see so if you know someones address you can view there transactions not as anonymous as people believe
Banks are already developing their own crytpo and employing Blockchain tech im sure they will find a way to profit from themyou need to know the address right ? As I said banks probably can do this today. However anyone can do it with Blockchain (as you say it's public) so why will banks have an advantage under their BC versus BTC BC?
(I don't disagree banks are motivated by profit. Just exploring how they can via a central bank Blockchain)
Have a look at El Salvador, which today have adopted Bitcoin as legal tender. "
Great move by them cutting ties from the dollar financial freedom |
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By (user no longer on site)
over a year ago
|
"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now.
Every transaction is on the Blockchain for all to see so if you know someones address you can view there transactions not as anonymous as people believe
Banks are already developing their own crytpo and employing Blockchain tech im sure they will find a way to profit from themyou need to know the address right ? As I said banks probably can do this today. However anyone can do it with Blockchain (as you say it's public) so why will banks have an advantage under their BC versus BTC BC?
(I don't disagree banks are motivated by profit. Just exploring how they can via a central bank Blockchain)
Have a look at El Salvador, which today have adopted Bitcoin as legal tender. "
I don't see the connection to my last point. |
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By (user no longer on site)
over a year ago
|
"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now.
Every transaction is on the Blockchain for all to see so if you know someones address you can view there transactions not as anonymous as people believe
Banks are already developing their own crytpo and employing Blockchain tech im sure they will find a way to profit from themyou need to know the address right ? As I said banks probably can do this today. However anyone can do it with Blockchain (as you say it's public) so why will banks have an advantage under their BC versus BTC BC?
(I don't disagree banks are motivated by profit. Just exploring how they can via a central bank Blockchain)
Have a look at El Salvador, which today have adopted Bitcoin as legal tender.
Great move by them cutting ties from the dollar financial freedom "
be interesting to see how this plays out for sure. Is there a risk people stop spending ? And pay taxes at last minute? Guess it may depend on if ppl are paid in BTC and if prices are fixed in BTC. I need to read more on this ... |
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"Yeah I'm in.
Know about it it for years but someone I really respect convinced me to finally invest last year (I wish I'd done it when he first told me, he made 40k investing 1k into swissborg last year!)
My portfolio is spread over around 25 different coins but the bulk is ETH. As I don't have loads to invest I don't bother with bitcoin itself and tend to stick to altcoins for a better return.
My tactic is if a coin pumps 10% then I'll sell off 10% into a stable coin. I can then rake it out as cash or if not I have capitol available to buy back in on dips. I've now managed to pull out 2/3 of my initial investment. My plan is to get the final third out then I'm literally just playing with pure profit.
If I were to sell up today I'd of 3x my initial investment. I only started in April.
Thats the way to do it once you have your investment back its all play money and still your making more
Exactly!
Even if it crashes at somepoint I'll have my money out and will of been skimming profits off as I go along.
The thing that both worries me and excites me about it is that it really does go someway to solve the issue of centralised banking. What worries me is the people who have the monopoly with centralised banking won't want to give that up lying down! I'd flip it and say that the people who are speculating on increases won't want the price to stabilise for it to become a currency. And if it does they may start pulling their investments (as they want return) which would then cause prices to fall... Meaning it's neither an attractive asset nor an attractive currency.
I can also see the really interesting bits of cyber being adopted by central banks. Is it the coin itself that is the disruption or the tech behind it.
Im fascinated by this space. Just not an investor !
Think the banks will move to a cypto currency of their own very soon its the tech behind it they are interested in, they will be able to see where you spend it and what on and eventually control on how you can spend it doesn't Blockchain allow anonimty?
Tbh, I'm not sure of banks care unless they can sell that on. And if they do care they are doing it now.
Every transaction is on the Blockchain for all to see so if you know someones address you can view there transactions not as anonymous as people believe
Banks are already developing their own crytpo and employing Blockchain tech im sure they will find a way to profit from themyou need to know the address right ? As I said banks probably can do this today. However anyone can do it with Blockchain (as you say it's public) so why will banks have an advantage under their BC versus BTC BC?
(I don't disagree banks are motivated by profit. Just exploring how they can via a central bank Blockchain)
Have a look at El Salvador, which today have adopted Bitcoin as legal tender.
Great move by them cutting ties from the dollar financial freedom be interesting to see how this plays out for sure. Is there a risk people stop spending ? And pay taxes at last minute? Guess it may depend on if ppl are paid in BTC and if prices are fixed in BTC. I need to read more on this ..."
Will definitely be keeping a watch on it |
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"I’m staking BNT and have a nice stack of Link in a separate wallet. Also a small stack of ersdl
Ersdl?
Yes go check it out…. Will be a cracker. Low MC, great fundamentals and roadmap with a good team.
This is what every coin says "
Hence the reason I said check it out… Always DYOR then decide if it’s for you or not. If you understand how B2B lending etc works there’s no way you can think otherwise |
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By *r.SJMan
over a year ago
Wellingborough |
I just want to cry... my ex wife kept my pc and then threw it out before I could collect it and on it I had half a bitcoin that I'd minded myself. At the time it was only worth a fiver, so didn't think much of it but now...  |
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By (user no longer on site)
over a year ago
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Got a few quid in bitcoin .....but literally a few quid....less than a tenner. Just going to leave it where it is as an "I wonder what'll happen" project |
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"I just want to cry... my ex wife kept my pc and then threw it out before I could collect it and on it I had half a bitcoin that I'd minded myself. At the time it was only worth a fiver, so didn't think much of it but now... "
You aren't the only one to have done that think around 4 million bitcoin are lost for ever there is a guy who dumped a hard drive with thousands of bitcoin on it its at a land fill think there are companies helping look for it i dont suppose you have the private keys if so you still own it |
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By *nasuitMan
over a year ago
Ruislip |
I have a bit of crypto for fun. Just Bitcoin, Etherium and Ripple. I put some money in, more than doubled my investment and then took my original stake back out, so anything there now is pure money for nothing.
A lot of the market still seems to follow Bitcoin as the lead when that goes up or down so does everything else. |
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By *r.SJMan
over a year ago
Wellingborough |
"I just want to cry... my ex wife kept my pc and then threw it out before I could collect it and on it I had half a bitcoin that I'd minded myself. At the time it was only worth a fiver, so didn't think much of it but now...
You aren't the only one to have done that think around 4 million bitcoin are lost for ever there is a guy who dumped a hard drive with thousands of bitcoin on it its at a land fill think there are companies helping look for it i dont suppose you have the private keys if so you still own it "
4 million would be lovely lol but just my half would be nice, about £16,000 at todays price But nope, only thing I know is that I mined it back in the very early days, had it in a wallet on my hard drive and the wife chucked it |
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"This sort of thing seems really complicated to me. I've looked into it before but it just goes straight over my head!  "
Totally understandable but that said do you understand money and how it is created or given value? But its easy to use if you have it same thing with bitcoin no need to have a deep understanding of it but to own some is wise and rather easy to get |
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"I just want to cry... my ex wife kept my pc and then threw it out before I could collect it and on it I had half a bitcoin that I'd minded myself. At the time it was only worth a fiver, so didn't think much of it but now...
You aren't the only one to have done that think around 4 million bitcoin are lost for ever there is a guy who dumped a hard drive with thousands of bitcoin on it its at a land fill think there are companies helping look for it i dont suppose you have the private keys if so you still own it
4 million would be lovely lol but just my half would be nice, about £16,000 at todays price But nope, only thing I know is that I mined it back in the very early days, had it in a wallet on my hard drive and the wife chucked it "
Unfortunately its gone then always keep a copy of your privat keys that way if pc get lost or binned you can recover your wallet |
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"I just want to cry... my ex wife kept my pc and then threw it out before I could collect it and on it I had half a bitcoin that I'd minded myself. At the time it was only worth a fiver, so didn't think much of it but now...
You aren't the only one to have done that think around 4 million bitcoin are lost for ever there is a guy who dumped a hard drive with thousands of bitcoin on it its at a land fill think there are companies helping look for it i dont suppose you have the private keys if so you still own it
4 million would be lovely lol but just my half would be nice, about £16,000 at todays price But nope, only thing I know is that I mined it back in the very early days, had it in a wallet on my hard drive and the wife chucked it "
If you still have the seed phrase you may be able to recover the wallet.
The seed phrase would have been created when you set up the wallet - 12 words? Maybe you wrote them down, took a picture of them?
|
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"I just want to cry... my ex wife kept my pc and then threw it out before I could collect it and on it I had half a bitcoin that I'd minded myself. At the time it was only worth a fiver, so didn't think much of it but now...
You aren't the only one to have done that think around 4 million bitcoin are lost for ever there is a guy who dumped a hard drive with thousands of bitcoin on it its at a land fill think there are companies helping look for it i dont suppose you have the private keys if so you still own it
4 million would be lovely lol but just my half would be nice, about £16,000 at todays price But nope, only thing I know is that I mined it back in the very early days, had it in a wallet on my hard drive and the wife chucked it
If you still have the seed phrase you may be able to recover the wallet.
The seed phrase would have been created when you set up the wallet - 12 words? Maybe you wrote them down, took a picture of them?
"
Seed phrases was not a thing back then private keys would have been your only thing |
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"I just want to cry... my ex wife kept my pc and then threw it out before I could collect it and on it I had half a bitcoin that I'd minded myself. At the time it was only worth a fiver, so didn't think much of it but now...
You aren't the only one to have done that think around 4 million bitcoin are lost for ever there is a guy who dumped a hard drive with thousands of bitcoin on it its at a land fill think there are companies helping look for it i dont suppose you have the private keys if so you still own it
4 million would be lovely lol but just my half would be nice, about £16,000 at todays price But nope, only thing I know is that I mined it back in the very early days, had it in a wallet on my hard drive and the wife chucked it
If you still have the seed phrase you may be able to recover the wallet.
The seed phrase would have been created when you set up the wallet - 12 words? Maybe you wrote them down, took a picture of them?
Seed phrases was not a thing back then private keys would have been your only thing"
Still worth checking mentally if anything written down, photo taken, cut and paste to an email or document....
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