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Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
12-02-2017, 03:33 AM
Post: #101
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
What you guys think about IOTA?

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12-07-2017, 12:27 PM
Post: #102
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Who has made a shit-ton of money in the last 24 hours?

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12-07-2017, 06:02 PM
Post: #103
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Not me. I had a drug addict friend raving on fb once that bitcoin would be the next best thing, that was back in 2015 when it was only $250. I thought he was nuts. Look at it now.

Also should note, every news article I've read regarding bitcoin is laced with both fear and misunderstanding. There are a lot of people who really don't understand what bitcoin is.

One reason why the prices are sky rocketing are that other trading companies like Australian Stock Exchange are starting to adopt block chain technology hence driving the price of bitcoin up.

I think cyandide said he threw a stack at it a few days ago. Good choice by him
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12-08-2017, 05:13 AM
Post: #104
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Honestly I think we're gonna see a big correction.

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12-08-2017, 05:32 AM
Post: #105
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
(12-08-2017 05:13 AM)Travis Wrote:  Honestly I think we're gonna see a big correction.

I disagree. I think Bitcoin will keep going up until it gets replaced by another crypto-currency. The big driver behind this price surge is the fact that the blockchain is being adopted by various new companies and markets.

Have a read of the "9 traits of gold" that make it valuable. Bitcoin does each one better.

The other advantage is anonymity. The Winklevoss brothers (famous for the start up of facebook) mentioned that their initial investment and creation of a bitcoin company was that they wanted to move a large sum of money from the U.S to Spain. They liked Bitcoin because this enabled them to do this without having to go through any red tape or hassles.

As Bitcoin is finding more and more utility, it's value will only keep increasing
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Travis
12-09-2017, 12:06 AM (This post was last modified: 12-09-2017 07:50 AM by Alpha360.)
Post: #106
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
I !think bitcoin have the potential to go very high if every goes for it.

There is just one caveat though, the fees problem:
https://bitinfocharts.com/comparison/tra...c-eth.html

I think Etherum could be better on that one, at least they aren't as bad for now. When I was transferring my coin from different exchanges I wasn't using bitcoin, I was using Etherum or litecoin as the fees are much better.
I think due to congestion on the network Bitcoin may actually fail at some point, I think there is a little risk here.
If mass adoption comes I don't see bitcoin with the biggest potential as fees are just impossible on small transaction, even Etherum is not good enough for very small transaction. This rating done of the volume exchange on 24h is quiet revealing in my opinion:
https://coinmarketcap.com/ (just click on the "volume 24h" to have it)
Today Litecoin is 2nd as there has been some congestion on etherum the past few days.


There is a lot of competition, IOTA for example is trying to create blockchain "without mining" like many other. If it works maybe the crown will switch.
There is a lot of good project out there that could beat Bitcoin on the long term or when something dramatically change (mass adoption of crypto)
And there is electroneum too Popcorn the wallet is going live next week.

I have invested a little bit in TRON (TRX) I read their project it seems to have some very good potential, they have a very good team it seems and very good partners.
IOTA seems very good too but it seems too big already (marketcap) though there is still a lot of growth possible long term wise.
There is also Cardano.

One thing is sure to me, Blockchain technology will last no matter what, if newspapers don't tell it's the next big evolution they are just lying or are too dumb to realize it.
If Bitcoin fail, another will take back the crown and for normal users it won't a problem, for banks it will be. Normal Banks are facing the biggest threat today and they aren't going to kill that one, no matter the amount of manipulation used in the Media, at best they can create their own blockchain to compete which seems to be what Ripple is.
In the bigger picture this should be profitable for everyone except banks.

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Only the madman is absolutely sure. Robert Anton Wilson
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12-09-2017, 03:50 PM
Post: #107
RE: Bitcoin, Electroneum, Cryptocurrency | A New Crypto currency
Electroneum will be back online within a week according to their latest mass email. It will be interesting to see what will happen to the price once all the users are able to sell their coins.

Yes I'm glad That I bought BTC when it was 10k, seeing how it is now 15k.
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