Cryptocurrency

[TheGreenBastard]

Bitcoin being battered by clampdowns as predicted:

https://www.theguardian.com/technolo...ckdown-trading
https://www.coindesk.com/israeli-fin...tcoin-trading/

And exchanges are getting tougher on KYC and money laundering:

https://news.bitcoin.com/poloniex-no...rify-identity/


And Morgan Stanley have a new valuation of bitcoin:

Morgan Stanley on bitcoin: 'the value would be 0' - Business Insider

The SK news is old hat, seems media outlets have been spinning it in the past few days even though it happened mid-Dec

[scooterscot]

Bitcoin being battered by clampdowns as predicted:

https://www.theguardian.com/technolo...ckdown-trading
https://www.coindesk.com/israeli-fin...tcoin-trading/

And exchanges are getting tougher on KYC and money laundering:

https://news.bitcoin.com/poloniex-no...rify-identity/


And Morgan Stanley have a new valuation of bitcoin:

Morgan Stanley on bitcoin: 'the value would be 0' - Business Insider

love it.

"The scarcity of people willing to accept it as a means of payment indicates that its actual value might be nothing."

Bitcoin never will be means of payment. Think most of the money invested in it already know this.


All those stories remind me of the China banning bitcoin nonsense.. every time there's been a collapse in price. Creates nothing but a good buying opportunity.

[scooterscot]

Scoots do you have a view on TRX?

https://oracletimes.com/tron-trx-a-s...ce-at-bitcoin/

Siam K is big on this one and I have a very small holding I am thinking of going big on soon.

Sounds good indeed. Like the idea, entertainment content/ copyright controlled by the owner, as it should be.

What happens if the Company puts something in the network China does not like, what's to stop the state controlling the company?

Certainly worth a punt, I'm not sure if anyone else is trying this with blockchain.

If TRON does to entertainment what Ripple does for banking (I compare them because of similar total coins) there could be a strong gains in the years to come.

What happens if the CEO dies/disappears? Usually the other big names have more than one person at the top.

Wish I'd bought some at the beginning of the month. To busy watching the grand total rather than looking up new ideas.

[scooterscot]

If folks like, I can provide a buy signal on zencash.. when I receive it myself...

Forgot to say, got a buy signal on this coin a week ago when it was at $27.

Nevertheless had you bought it around $20 when I first mentioned it you'll be happy now, just past $60

[SeanT]

Forgot to say, got a buy signal on this coin a week ago when it was at $27.

Nevertheless had you bought it around $20 when I first mentioned it you'll be happy now, just past $60

So I did, albeit a tiny amount.

[bish]

So I did, albeit a tiny amount.

Thanks, I got in at $26 and set up some secure nodes with the zen.

[ChimpMaster]

Sounds good indeed. Like the idea, entertainment content/ copyright controlled by the owner, as it should be.

What happens if the Company puts something in the network China does not like, what's to stop the state controlling the company?

Certainly worth a punt, I'm not sure if anyone else is trying this with blockchain.

If TRON does to entertainment what Ripple does for banking (I compare them because of similar total coins) there could be a strong gains in the years to come.

What happens if the CEO dies/disappears? Usually the other big names have more than one person at the top.

Wish I'd bought some at the beginning of the month. To busy watching the grand total rather than looking up new ideas.

Some interesting developments on TRX if you check their Twitter.

Price action responding well. Up over 20% since we last wrote and still very cheap.

[VirtualMonkey]

lots of stuff happening by the sound of it. I don't have any spare coins to move around though...unless I sell my doge...but that's due a rebranding soon and im hoping it will respond well to that. when xvg gets a little higher I may sell that

[IR35 Avoider]

Bitcoin never will be means of payment. Think most of the money invested in it already know this.

So everyone knows it's going to end up at zero, but are trying to out-guess everyone else about when to get out?

Or, it's not going to zero, as there will be an infinite supply of new speculators?

Or, it's not going to zero, due to demand for some reason other than speculation or use as a currency? (What reason?)

I haven't really been following the thread, so apologies if the answers should be apparent from earlier posts.

[Lance]

So everyone knows it's going to end up at zero, but are trying to out-guess everyone else about when to get out?

Or, it's not going to zero, as there will be an infinite supply of new speculators?

Or, it's not going to zero, due to demand for some reason other than speculation or use as a currency? (What reason?)

I haven't really been following the thread, so apologies if the answers should be apparent from earlier posts.

It won't go to zero. It will always have some value (scammers, porn, hackers, hitmen, crack). It might go very low, but not for a while (not whilst I'm holding I hope).