Cryptocurrency

[scooterscot]

It's coming.... can't you feel it?

[DimPrawn]

It's coming.... can't you feel it?

I say that a lot.

[scooterscot]

I say that a lot.

Words without visual are meaningless, DP in action:

[BrilloPad]

The mystery of the disappearing 'Cryptoqueen' - BBC News

[Hobosapien]

The mystery of the disappearing 'Cryptoqueen' - BBC News

Aye, was reading that over brekkie. Looks like AtW's extreme cynicism on cryptos was right.

Only Bitcoin can be trusted, the rest are false profits.

[scooterscot]

patience

Keep in mind 95% of people will not make money from this.

[DimPrawn]

patience

Keep in mind 95% of people will not make money from this.

Sounds like a great investment....not

[scooterscot]

Same is true from the stock market... 90% don't make money. Even in the remarkable bull run we've just had, people still manage to sell out lower than they wen't in.

6 Reasons Why Most People Lose Money in Stock Market

Wait an see, ATW will sell his AMD at $14 when he could have had them out at $34. People are greedy.

[DealorNoDeal]

BTC drops below 200-dma.

Bitcoincharts | Charts

[scooterscot]

German Bank Predicts $90,000 Bitcoin as Halvening Hardens BTC

BayernLB, a bank based in Munich, Germany, has produced a report on Bitcoin’s hard monetary policy versus those of various precious metals. Acknowledging Bitcoin’s halving schedule as unique in monetary assets, the bank makes a prediction of $90,000 per BTC following next year’s further restriction of supply.


The recently published research paper identities the stock-to-flow ratio of an asset as being a suitable way to quantify its “hardness.” Stock-to-flow simply refers to the amount of an asset that is issued versus that stockpiled in its current supply.


With Bitcoin, the supply is known and consistent as part of the network’s block reward system and difficulty adjustment program. The authors note that it is all-but-impossible to adjust the flow of new Bitcoin and this makes it similar to gold.