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Invest in XRP now (ripple)
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2017-12-17 at 1:06 AM UTCBitcoin right now is like a pension fund. There are so few bitcoin that the price is semi-justified.
And transaction fees are more like $6 per transaction. It's still putting a lot of the bitcoin tumbler sites out of business though.
Monero will be where it's at for actual commerce. It's anonymous and solves the main problems of bitcoin without going full retard like Etherium. The untraceability is the big selling point. The first time some internet drug dealer gets busted via blockchain detective work Monero will explode. -
2017-12-17 at 2:19 AM UTC
Originally posted by Issue313 Bitcoin right now is like a pension fund. There are so few bitcoin that the price is semi-justified.
Justified how? Scarcity doesn't necessarily imply value. Bitcoin's value is purely speculative and could collapse at any point if people decide they no longer want it. There are a thousand possible events that could trigger a blowoff phase. Calling it a pension fund is pants on head retarded. A pension fund is a stable investment that grows slowly over decades, while bitcoin is one of the most volatile markets in human history. You can't even reasonable call it an investment.And transaction fees are more like $6 per transaction.
Nope. Average transaction fee is currently ~$27.
https://bitinfocharts.com/comparison/bitcoin-transactionfees.htmlMonero will be where it's at for actual commerce. It's anonymous and solves the main problems of bitcoin without going full retard like Etherium. The untraceability is the big selling point. The first time some internet drug dealer gets busted via blockchain detective work Monero will explode.
I generally agree with this. Monero will be the last one standing after the bubble eventually bursts and we return to underground cryptocurrency markets. -
2017-12-17 at 2:30 AM UTCI can't speak to the average, but my last transaction was a few days ago and I paid 0.000396BTC, or USD$7.57 to move BTC0.019256 to shapeshift.io to buy Monero. Before that I tried paying less, but my transaction just hung, so I tried again with normal transaction fees (the Android thin wallet app I'm using lets you choose how much you want to pay).
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2017-12-17 at 2:41 AM UTC
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2017-12-17 at 2:46 AM UTCYou know things are about to get really bad when even Antonopoulos is sounding the alarm.
http://www.afr.com/markets/top-bitcoin-advocate-andreas-antonopoulos-calls-bubble-20171214-h0544h -
2017-12-17 at 2:48 AM UTCWould bet 10mBTC that if I posted that on the r/bitcoin circlejerk it would be deleted and I'd be banned within minutes lol.
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2017-12-17 at 2:50 AM UTC
Originally posted by inb4l0pht You know things are about to get really bad when even Antonopoulos is sounding the alarm.
http://www.afr.com/markets/top-bitcoin-advocate-andreas-antonopoulos-calls-bubble-20171214-h0544h
You typically have something between 3 to 12 months of self appointed geniuses sounding alarms before these type of bubbles burst. -
2017-12-17 at 3:08 AM UTC
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2017-12-17 at 4:51 AM UTCIf this bubble is burst before March I'll be amazed. All that'll happen is the no-coiners in this thread will get saltier and saltier. Maybe some of them will jump in around then, and try to accumulate safe assets like $1500 Monero, just in time for the busting of the bubble.
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2017-12-17 at 4:54 AM UTCI mean imagine posting on an internet bulletin board in 2017, I mean 2015 +2 years, literally 3000 days since bitcoin was discovered, and still owning zero coin. Like zero. No trace in any blockchain, anywhere.
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2017-12-17 at 5:13 AM UTC
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2017-12-17 at 5:23 AM UTC
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2017-12-17 at 6:10 AM UTC
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2017-12-17 at 6:13 AM UTC
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2017-12-17 at 6:13 AM UTC
Originally posted by benny vader i cant even post anything in r/crypto to begin with becos i dont have the necessary 20+post karma or some shit.
what a bunch of elitist faggots
If your insight was worth money you wouldn't be struggling to give it away.
Learn to shut the fuck up before you offer your opinion. -
2017-12-17 at 6:18 AM UTC
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2017-12-17 at 9:01 AM UTC
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2017-12-17 at 10:01 AM UTCpnd back to o.ooo1
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2017-12-17 at 7:07 PM UTC
Originally posted by Scron from outer space Wat. I was into Bitcoin when it was $30 and I used to withdraw my whole paycheck in cash and funnel it back into the Bitcoin ATM directly beside my bank machine. I pretty much doubled my paycheck multiple times during that whole period when Bitcoin went from like $400 to $3000 in a few months.
I spent it all on meth but whatever.
but at least your happy. -
2017-12-18 at 12:52 AM UTC
Originally posted by inb4l0pht A bloodbath is coming, possibly soon if the shady as fuck USD tether printing turns out to be a scam. And I will rejoice, even if I end up losing some money.
What exactly is this tether business? I've skimmed over some info but it's all speculation; they're printing money as some sort of collateral coinciding with massive BTC buys?