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Cryptocurrency

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    Originally posted by AtW View Post
    It’s what it calculated in that matters - in US it’s in US Dollars. They’ll take (via bailiffs) anything as payment but it will be converted (via sale) to US dollars, thereby creating demand for such currency.

    Fx market cap is high because there are real economic players there, unlike tulipcoin scam fixed “market” full of scammers and Mor Ons
    It's older and more established. It has regulation that the crypto world is yet to establish because it's so new.
    You're deluded if you think the FX market is not full of manipulation or in the slightest bit fixed
    Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

    Comment


      FX market is what it is - there is simply no alternative to it, in general it’s pretty sensible - insiders of course always make money on inside info that they get first, but it’s fact of life, market itself is fundamentally sound (for major currencies).

      Tulipcoins - fundamentally fraudulent.

      Comment


        The FX dudes are already deep into crypto....

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        FOREX.com - Great All-around, Low Costs.
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        City Index - Well-rounded Offering.
        Trade Cryptocurrencies | Cryptocurrency Trading on CFDs | City Index UK
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        XTB - Great Customer Service, Easy to Use Platform.
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        Dukascopy - Best Desktop Platform, Mobile App.
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        FXCM - Well-rounded Offering.
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        Trade Cryptocurrency with FXCM
        FXCM currently offers five CFDs on Cryptocurrencies. Bitcoin (BTC/USD), Ethereum (ETH/USD), Litecoin (LTC/USD),
        Bitcoin Cash ABC (BCH/USD) and Ripple (XRP/USD).

        Comment


          Now we're cooking


          New ECB Boss is “Extremely” Pro-Crypto; What Could This Mean for Bitcoin?



          Christine Lagarde, who is replacing Mario Draghi as the next head of the ECB on November 1st of this year, has long shown interest in Bitcoin and cryptocurrencies, and has even advocated for state-backed digital currencies that could increase the efficiency of those state’s economies.

          This past April, Lagarde spoke to CNBC and bullishly noted that crypto and blockchain is currently “shaking the system.”


          “I think the role of the disruptors and anything that is using distributed ledger technology, whether you call it crypto, assets, currencies, or whatever … that is clearly shaking the system,” she noted, tempering this sentiment by adding that “We don’t want to shake the system so much that we would lose the stability that is needed.”


          Although there is no way to deny that Bitcoin and crypto are shaking up the current system – or at the very least have the potential to do so – many critics will write off their utility, so Lagarde’s openness to the technology is a powerful endorsement.
          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

          Comment


            Cooking the books?

            Comment


              Originally posted by AtW View Post
              Cooking the books?


              The problem here is you don't seem to understand the difference between a physical asset and a protocol. Sad. So sad.

              TCP is a protocol but it did not capture value. Nonetheless is was massively adopted even though as a technology was not solid. Flaws allow it to be hacked, DOS, etc. The internet of the future will inherently use Blockchain with Bitcoin as a likely means of payment.

              One day you'll see the light. Perhaps you've already done so.
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                ATW is no gonna like this....

                or will he?

                Bitcoin Gets its First 'A' Rating


                In an update from financial ratings agency Weiss Ratings on Monday, the firm said it has upgraded Bitcoin to an A-, and given it a “strong buy” recommendation.


                Weiss Ratings first became known to the cryptoverse in January of 2018 when it became the first traditional ratings agency to assign ratings to Bitcoin and other cryptocurrencies. In its first set of ratings, Ethereum received a B while bitcoin only received a C+, prompting angry reactions from the community.


                In January last year, the company said that “the risk of investing in Bitcoin was off the charts,” while adding that “its technology was outdated, and that its network was clogged.” In 2018, bitcoin price crashed by more than 70%.


                “Now, however, our model is telling us precisely the opposite,” Martin D. Weiss, the founder of the firm, said in a note to their clients.


                1xBit
                “After touching bottom in December, Bitcoin quadrupled in value in less than 190 days. And today, the reward it delivers investors outweighs the risks. Its technology has been upgraded. Its network is back to normal. This was not an overnight event,” he added.

                However, instead of rushing to buy immediately, Weiss advised to “wait for a normal correction” before getting in.
                exactly
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  A

                  tulip

                  It's the rating I give it.

                  Comment


                    Originally posted by AtW View Post
                    A

                    tulip

                    It's the rating I give it.
                    Are you sure you're not one of my kids? You sound just like them
                    Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

                    Comment


                      Originally posted by VirtualMonkey View Post
                      Are you sure you're not one of my kids? You sound just like them
                      You have very smart kids.

                      Who is the father?

                      Comment

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