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Bitcoin Crackdown

Discussion in 'The Lounge - Off Topic' started by Jaron78, Dec 4, 2017.

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  1. Rob1234

    Rob1234 Megabyte Poster

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    I am intrigued do the people investing in Bitcoin on here see it as a good long term investment or as a bubble that will burst but are trying to get in and out before the bubble burst and make a few pounds?
     
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  2. Rob1234

    Rob1234 Megabyte Poster

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    I am intrigued do the people investing in Bitcoin on here see it as a good long term investment or as a bubble that will burst but are trying to get in and out before the bubble burst and make a few pounds?
     
    Certifications: A few.
  3. Pseudonym

    Pseudonym Kilobyte Poster

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    Honestly, I don't think anyone truly knows what will happen yet. It's new territory - introducing global decentralised currencies. I'd say some of the valuations are unquestionably stupid, but blockchain is here to stay, and there's still a lot of money to be made in this space. There will be a considerable crash, most likely at some point. But some coins/tokens/projects with utility will survive and flourish.

    Also, vechain. ;)
     
    Rob1234 likes this.
  4. Rob1234

    Rob1234 Megabyte Poster

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    Most sensible thing I have read on this subject for awhile! Think you summed it up nicely.
     
    Certifications: A few.
    Pseudonym likes this.
  5. Sparky
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    Sparky Zettabyte Poster Moderator

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    Remember - he who dares wins :)
     
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  6. Rob1234

    Rob1234 Megabyte Poster

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    Tell that to these guys :)
     
    Certifications: A few.
    Sparky likes this.
  7. Sparky
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    Sparky Zettabyte Poster Moderator

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    No mention of bitcoin though so all good - lol :)
     
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  8. Sparky
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    Sparky Zettabyte Poster Moderator

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    After a brutal January things seem to be more stable just now. Hopefully things will go up in the next few months.
     
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  9. JK2447
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    JK2447 Petabyte Poster Administrator

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    Absolutely, it's been a tough few momnths for crypto but I am hoping things will turn around by the summer, and there is still crazy percentage gains to be made from day to day. Currently keeping everything crossed for Litecoin :emoji_fingers_crossed:
     
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  10. Sparky
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    Sparky Zettabyte Poster Moderator

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    Yeah – I’ve got some Litecoin also. May purchase again at the end of the month.
     
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  11. Sparky
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    Sparky Zettabyte Poster Moderator

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    Despite Panorama on the BBC the other night trying to scare everyone about Bitcoin it’s up to £7k today.

    This time next year Rodney…
     
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  12. Sparky
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    Sparky Zettabyte Poster Moderator

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    Also Litecoin booming just now :)
     
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    JK2447 likes this.

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