Crypto Currencies

[Immortality]

I don't think you can blame any war on that mythical being!

 

[Reaper]

The horse has probably bolted but anybody know if you can short Crypto's?

 

[Immortality]

I think somebody already has, one news story I read says one with one of the biggest holdings sold his entire lot.

 

[Skydrol]

Some people buy Cryptos becuase they believe is the future, some, just traders/opportunists making a quick buck from the frenzy.

Check this link out to see the High Frequency Trading.
https://www.gdax.com/trade/BTC-USD

Read an article about in China you cannot take the Currency out of the country. So what they are doing is, spending their cash on Tangible Assets. So they are buying Cryptos, a form of exchanging their Yuans to move their wealth out of the country. The Crypto exchange does not charge a fee like FOREX traders do. A form of money laundering. Apparently, that is one the factors on why Cryptos took off in value.

 

[Zeke Topanaga]

I don't think you can blame any war on that mythical being!

No their is no mystical being involved in this, just cunning people who know how to play people for the simple minded fools who can't see the big picture and just become like a dog chasing their tail.
I got kicked out of a mates house yesterday, he said go get your f ing gun licence, I tried to inform him of the big picture and that his guns are not going to save him, just who does he think he is going to shoot anyway ? I said they are only going to get stricter on gun licences and they will come to take them away and he went of his rocker saying no they will not, I said what could you do about it if the cops came for them, he did not want to listen to reality, what do you think you are going to do, it's all over we live in a socialist State now, you have lost your freedoms and your going to loose more as time goes on and that's a fact. don't you know what fabian socialism is ?
I once had a semi auto with three 30 rounds clips and no one thought nothing of it, but nowadays some one would see that and freak right out and you will go to jail for that directly but everyone once had a right to have such once.

Socialism is a Cancer that erodes your rights and destroys society bringing all down to just cattle the lowest denominator rules and everyone is equal nobody's under totalitarian rule of Satanic morons. by satanic the word Satan means the one who leads the whole world astray.
So one has to comprehend who and what it is that leads people astray to get a handle on such.
It's like dealing in business, are you competent in what you are dealing with or are you just fool bobbing around like a incompetent worthless good for nothing in the septic tank.

 

[Marzipnk15]

Hey, Skydrol. I disagree with you, I consider that you can make a lot of money from cryptocurrency if you have enough skills. I started mining in 2019 and I earned 7000$, it's a great amount of money for me so I'm happy that I won't ever get up on 6 o'clock and go to the job. I read a lot of messages from the people who want to start mining and I advise you to use sites that are making transactions anonymously because your information won't be revealed. Personally I'm using mycryptomixer.com. I haven't ever had any problems with this site, so I find everything is going to be okay if you start using it.

 

[Skydrol]

The problem with Cryptos is, they have the same value as any Currency and as worthless as carwash tokens. If the Central Bank create a crypto and is going to be used by law (fiat currency), the rest of the cryptos means nothing. What gives its value is confidence that someone will take it off your hands.

Is like betting on a horse race and hoping for the horse that you are betting on is a winner.

I own some Litecoin, they are stored in Cold Storage and is not an amount to brag about either. Mining take a lot of effort because the easier ones to mine are already done by the developers.

 

[ASTER01]

Some people buy Cryptos becuase they believe is the future, some, just traders/opportunists making a quick buck from the frenzy.

Check this link out to see the High Frequency Trading.
https://www.gdax.com/trade/BTC-USD

Read an article about in China you cannot take the Currency out of the country. So what they are doing is, spending their cash on Tangible Assets. So they are buying Cryptos, a form of exchanging their Yuans to move their wealth out of the country. The Crypto exchange does not charge a fee like FOREX traders do. A form of money laundering. Apparently, that is one the factors on why Cryptos took off in value.

You are right, people believe in the future! And the future is made up of electronic coins! We can't deny that the pandemic has shown that more and more cash is on the verge of extinction ...That's why I think now is the time for investment. Now it is not too late to start making money, because that is the purpose of every man today. I visit site and I understood that investments in bitcoin are incredibly valuable. I have some friends who started making bitcoin farms, mining, and all the rest of the kind and said they have an income they didn't expect! Because every day the cryptocurrency is appreciated more and more.

 

[Chuckmeister]

Currency is a belief system. It only works when the masses think it's actually worth it's value. While electronic currency has some aspect in real life, imo nothing will beat hands in pocket currency. Gold, silver etc and even though dollars are paper money we have come to trust it. Electronic money is not so reliable or trustable imo especially in covid times when real hands on currency is more important than ever.

 

[Skydrol]

Today, got about 200+ Crypto alerts from the Coinbase exchange.

Central banks sketch out digital currency as China forges ahead

A group of seven major central banks including the U.S. Federal Reserve set out on Friday how a digital currency could look like to help catch up with China's "trail blazing" and leapfrog private projects like Facebook Inc's <FB.O> Libra stablecoin.

www.reuters.com

LONDON (Reuters) - A group of seven major central banks including the U.S. Federal Reserve set out on Friday how a digital currency could look like to help catch up with China's "trail blazing" and leapfrog private projects like Facebook Inc's FB.O Libra stablecoin.