Feelsgoodman, keeping expectations real is half the battle. Also ETH crew. It's a shame the main misc FUDs so hard against crypto, I listened to it for a while before finally saying fuk it and getting in because of a few miscers.

ETH is el jefe right now. Still respecting the trend. Expect it to dip into the low 700's though.

Wouldn't really touch anything else right meow except ETH and possibly LTC until we get a clearer picture.

Bought and sold when ETH was around 200. The whole thing is a fugazi, clearly manipulated by the exchanges. Only way I'd own again is if I mined.

100% mine my stack and all I ever do is go up. I actually like a deep dip because that's when the funny crypto memes start flowing.

Crypto is 100% worth it for the memes and drama alone, srs.

Strong code for my penor starts doing the happy dance because mining difficulty plummets and my ledger wallet goes into full bloatlord status, right babe?

Crypto is the future of money whether we like it or not. This won't happen overnight, give it 10 years. And yes there will only be a handful of coins that will be winners. Look to Asia, that's where it's all happening.

you can always tell when the weaklings shut down their rigs

Its literally too late to sell. The only viable option is just hold and hope it goes back up.


What's hilarious is everyone that was getting in when it was on its way up are completely silent on every forum I'm on. All the people predicting 50K+ before the end of 2018 and such were posting every day and extremely vocal about bitcoin. They lose their ass off and its completely silence.


Where is my worth 50K by the end of 2018 crew now? Lmao.

Everyone keeps saying that... Still don't understand how a security protocol can be a currency, but w/e. I'll miss the boat.

Selling into this little rally and will be completely out. This is about to get real ugly. I genuinely think there will be problems with liquidity at the exchanges.

It will never be a currency. You'd have to be a potato to believe that (srs).

I think even the potential of the technology is overblown, nobody can really nail down how it will be used, just that it will be a "game changer"

ICX had a press conference type of deal a couple days ago, announcing that they had partnerships with Bloomberg and Forbes. I asked a genuine question, in what way would Bloomberg/Forbes utilize ICX's technology. Nobody had an answer.

The kicker - the "partnership" was ICX advertising on those websites.

Banks are slowly adopting crypto to send fiat currency faster internationally and for cheaper. As the world becomes more globalised it'll make zero sense to use these outdated systems.

They are usingcrypto technology. They are basically using their own version of Tether (RIP)

What is "it"? Bitcoin? Everyone can agree bitcoin is too slow, volatile and expensive to use as a currency. Noone in their right mind would want to use bitcoin as a currency. Lets think of the current way we do things with fiat. Everything is going electronic, slowly but surely. Banks are hiring blockchain professionals. Import and export will utilise crypto. But give it a few years.

"it" is any cryptocurrency. Countries will basically make their own versions of tether, which will be better than any crypto, because the value of it will be stable, therefore making it usable as a currency. These CAD or USD "tethers" will eventually replace cash.

i know you're fairly new to the space. i think you need to stay in it a bit (not to get a grasp on the space, but to see what certain coins are proposing)

at the end of the day, bitcoin has proven it can work. banks don't need to be involved and you can send money to and fro via the internet.

worst case scenario. why can't it exist as its own niche product? those who want to use bitcoin (or any crypto) can, its scarcity makes it more expensive, etc.

for instance, fiat existing in its own right and crypto (for whatever reason or for whatever you need it for) exists in its capacity and you can use it/ them if you want.

i think there are enough people wanting it that there doesn't need to be regulation or any of those forces for it to exist. and see, over time, it would probably make headway again like it has because of this

and again, im just saying this is worst case scenario. there are too many computer geeks and people wanting to "fuk the man - gvt" for this to just go away. if they can send money to buy a pizza without any type of regulatory interference i think they will. i really see it as a forever perpetuating space because btc has proven it can work

Yeah, will be interesting to see how it all plays out! IOT is a space I'm very keen on seeing develop. This will require much more than a national currency and this is where crypto will really blossom.

Best to not over play the "I told you so" card.

It was easy to see that the massive returns were a bubble based on how, why, and who was investing in bitcoin.

However, I am not going to play the "I told you so" unless bitcoin is back under 1k or so.

Sad because I like the crypto concept just not the execution at present.

The original white paper had bitcoin being a cash replacement. I do see a niche demand for something like that, especially with governments moving away from cash to tax everything. It's something even I'd use. Replacing fiat altogether? Never.

Don't get me started on this current market and tether. Basically begging for outside forces to step in. A bubble wrapped in a ponzi wrapped in a fraud.

But you're right, there is some fascinating stuff coming down the pipes. Ill be looking to invest once the tether situation is cleared up.

I don't think they'll all have their own. That would be too easy to track with conversions. I can see a crypto tech taking over for government to government payments, funneling money to rebel groups, other shady chit governments do. Large bank transfers.

This is one of the reasons I like dragon's model. I haven't checked it in a few weeks, so who knows if its still around. Cryptos for high rollers in international casinos make sense to me.

My worry is once all this shady chit comes out no one will ever adopt it again.

It will crash and rebound again. Our maybe government outlaws or heavily taxes it to kill it off. Ie all purchases with crypto are taxed at 40%, limiting it to essentially a cash replacement, not a currency per se.

This is new and original.

People have only posted this chart about a million times over the past few years every time there is a dip. Maybe this will be the time they are finally right.

Oh, neat. Someone posted that vague chart again thinking they're a genius.

Suddenly people are Wall Street tycoons reading charts like a guru.

The chart has no time scale, and even if it did, institutional investors are barely involved at this point. They just squeezed into crypto at the middle of December. Lul.

Institutional investors would never touch an unregulated market like crypto.

Not necessarily.

For crypto to work it requires massive adoption and there can't be 400 different coins.

A couple will need to rise to the top and then be adopted AND USED as a currency. If bitcoin (Flagship Chad) is exposed as a giant scam (not necessarily the coin, but the market) gaining mainstream adoption is going to be hard.

A) why? Wouldnt it be as simple as a business having a bitcoin wallet?Im not sure i agree to the latter portion either. It has been spouted as a bubble for a long time. People knew it was risky, and threw in money anyway. The difference between btc and other cryptos imo are the partnerships and companies working with them. If ethereum has all those big companies helping and it establishes and facilitates things into real world use - waltonchain for example, also has proprietory hardware AND software - then i think its different. Mind you, the businesses that have adopted waltonchain have madr a significant improvement in the logistics walton is aiming toward.

Bitcoin is the one that haspotentiallyfaulty real world use IMO. As a "global" currency that doesnt have an explicit real world use, but instead relies on mainstream adoption. There are plenty more coins like the aforementioned eth and wtc

IMO this was never and will never see mainstream "adoption". The closest it got was mainstream speculation. Like seriously, for the regular Joe, what does bitcoin, or any crypto, do a better job at than paypal/credit/debit/fiat?

It has a niche market, mainly for circumventing the government, something the mainstream population isn't all that interested in. At least speaking for myself.

Platform tokens like eth, I'm not 100% sure how they work, there are most definitely issues with smart contracts too.