Originally posted by _V_
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Cryptocurrency
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Originally posted by _V_ View PostBitcoin 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 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."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by ChimpMaster View PostScoots 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.
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."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostIf folks like, I can provide a buy signal on zencash.. when I receive it myself...
Nevertheless had you bought it around $20 when I first mentioned it you'll be happy now, just past $60"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostForgot 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 $60Comment
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Originally posted by SeanT View PostSo I did, albeit a tiny amount.Comment
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Originally posted by scooterscot View PostSounds 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.
Price action responding well. Up over 20% since we last wrote and still very cheap.Comment
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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 thatYour friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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Originally posted by scooterscot View PostBitcoin never will be means of payment. Think most of the money invested in it already know this.
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.Last edited by IR35 Avoider; 31 December 2017, 12:30.Comment
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Originally posted by IR35 Avoider View PostSo 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).See You Next TuesdayComment
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