Official Cryptocurrency Thread

[JT145]

"we're going to the moon"- ON 2017

[HoldingOn]

bump how we all faring?

Eth is looking alright

[Fizzy_Cyst]

bump how we all faring?

I got off BTC December 12 when it was 23k. Felt like shit for a week, lol. Feeling better now lol.

Keeping ETH for now, but probs not too much longer.

[obliviousninja]

I got off BTC December 12 when it was 23k. Felt like shit for a week, lol. Feeling better now lol.

Keeping ETH for now, but probs not too much longer.

Bought back into BTC today. I suspect the re-correction is over.

[Fizzy_Cyst]

Bought back into BTC today. I suspect the re-correction is over.

Yeah, I was thinking about it yesterday, my condition was <$15k, but it didn’t quite get there

[Graney]

[Graney]

Bitcoin is called the currency of the future, because all currency transactions are confirmed in the distant future.

[Graney]

Uses of bitcoin:

* The world’s slowest and most expensive payment system
* Store of value that loses 30% of it’s value in a day, and $40 usd (and rising) every time you touch it
* Hoping a bigger idiot will pay more than you for it one day

...

[cosmo 2]

bitcoin is the new pokemon cards

[Fizzy_Cyst]

Uses of bitcoin:

* The world’s slowest and most expensive payment system
* Store of value that loses 30% of it’s value in a day, and $40 usd (and rising) every time you touch it
* Hoping a bigger idiot will pay more than you for it one day

...

Just salty you didn’t get on it back in January

bitcoin is the new pokemon cards

Along with selling hotdogs to an overweight American father at every event he attended, Rayquaza put my kids through college.

[Graney]

Just salty you didn’t get on it back in January

I bought bitcoin in 2011

[Squar3root]

I bought bitcoin in 2011

How many

[Graney]

Billions

[Squar3root]

Billions

Almost believed you :/

[Graney]

15 @ $13

[Neil_]

Was a few years too late for BTC, but I got in on ripple at 75c and a particular mod here got in at 25c


It's now $2.27241 (ATH @ USD $2.80) analysts say it will grow to $18-20 (end of 2018), bear in mind those are conservative figures since it already beat this year's projections by leaps and bounds. Great opportunity to invest (FOMO)

Ripple has already partnered with many banks in Asia, and even Westpac here in Australia (source)

[Zamura1]

Was a few years too late for BTC, but I got in on ripple at 75c and a particular mod here got in at 25c


It's now $2.27241 (ATH @ USD $2.80) analysts say it will grow to $18-20 (end of 2018), bear in mind those are conservative figures since it already beat this year's projections by leaps and bounds. Great opportunity to invest (FOMO)

Ripple has already partnered with many banks in Asia, and even Westpac here in Australia (source)

Being eyeing ripple over the last few days but my bitcoin exchange doesn't do it, and its currently an agonising wait for coinspot and BTCmarkets to verify me and for BTCmarkets to re-open POLi

[Neil_]

Being eyeing ripple over the last few days but my bitcoin exchange doesn't do it, and its currently an agonising wait for coinspot and BTCmarkets to verify me and for BTCmarkets to re-open POLi

I buy ETH from Coinbase --> Binance --> Ripple. Really quick process (and eth fees are unnoticeable). Also, coinspot stopped taking deposits from australians ://

Also the coinbase verif takes like 3-5 mins.

[Graney]

It's now $2.27241 (ATH @ USD $2.80) analysts say it will grow to $18-20 (end of 2018), bear in mind those are conservative figures since it already beat this year's projections by leaps and bounds.

That would be a market cap equivalent to over 10% of US GDP, lmao.

Do you think Ripple in 2018 is worth ~2.3x as much as Apple Inc.?

Ripple has already partnered with many banks in Asia, and even Westpac here in Australia (source)

No banks are using XRP, some banks are 'testing' ripple (this is not a partnership, it means nothing),

https://twitter.com/twobitidiot/stat...52692281540608
https://twitter.com/ideafaktory/stat...63289103646720

[Neil_]

.

Alright, alright.. It's in the testing phase.

- Keep in mind, a year ago when it was dirt cheap ($0.005 USD), nobody could foresee it reaching this high, people kept bringing up the 'market cap' argument.

Events:



If banks begin to use this for inter-banking transfers (the numbers are astronomical) the potential for growth would increase immensely. There's just so much action happening and so soon.

Sources
-https://www.google.co.uk/amp/s/asia.nikkei.com/amp/Business/Deals/Japan-South-Korea-blockchain-payments-enter-trials-Friday
-https://www.google.co.uk/amp/s/www.cnbc.com/amp/2017/11/16/american-express-santander-team-up-with-ripple-on-blockchain-platform.html
- https://twitter.com/joelkatz/status/...996865?lang=en
-https://www.reddit.com/r/Ripple/comments/7neun1/2018_brings_6_potential_price_hikes_for_ripple/


tl;dr Whether the gains be by $5 or $10/15 (who honestly knows? too early to say) - early investors would still be in the profit zone . There'll always be nay-sayers, yet when the coins rise they go silent.

[HoldingOn]

Eth is surging

[cosmo 2]

youre all going to get exactly whats coming for you

[Graney]

tl;dr Whether the gains be by $5 or $10/15 (who honestly knows? too early to say) - early investors would still be in the profit zone .

I think it’s more likely the early investors in ripple will be in the prison zone.

[Graney]

[seremify007]

I'm still relatively new to all this but how are you guys actually realising your gains? Or is it all paper gain?

I appreciate the blockchain technology and the concepts behind cryptocurrencies, but I'm not convinced these are the way of the future given the current limitations, issues and limited acceptance of them in everyday life. Reminds me of dutch tulips.

That being said, I don't dispute that there will be plenty of people out there who make profit off riding this rollercoaster.