| Main > Everything Else |
| cryptocurrency |
| << < (20/36) > >> |
| shponglefan:
Watching this whole cryptocurrency craze is fascinating, but is anyone actually using these things for anything but a speculative investment? IOW, is there any real utility attached to these things beyond hoping they spike in prices so that one can liquidate in favor of more stable assets? I understand that underlying blockchain technology can have utility and that there are various applications. But as a currency, it seems to fail on the very basic premises of what a currency is supposed to act as: medium of exchange* and store of value. So what use are these things really? (* I suppose besides use in dark markets, although even that is apparently running into problems due to high transaction costs and transaction wait times.) |
| fallacy:
Nothing it is just like when everyone invested in the 90’s that had a .com in the name, Why? Because they new the internet would be great and wanted to get into it in anyway possible even prematurely. Alot of people think this is going to change finance on a global scale even though it is not doing that right now. I also thought the internet would change everything back in the 90’s I think VR will change everything but the Blockchain database is neat but I have yet to see the example personally where I am like this is going to change everything. |
| fallacy:
well I was up all that night as it was tanking and ended up buying another 5 coins after fee lets say around 910 giving me 10.5 coins for a total investment this time of $9877.79. I was a little nervous not going to lie but I still believe it wants to be at $1000. Woke up this morning and it was 990. :) Hmmm sold it all for 10405.83. I am going to try to get some day trading in, I think it will fall back down 40..50...60? when we are talking about 10.5 coins thats alot of extra $ |
| yotsuya:
I’m curious to see how low it drops... https://www.google.com/amp/www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-latest-updates-cryptocurrency-value-dollar-market-manipulation-regulation-a8191426.html%3famp |
| yotsuya:
--- Quote from: shponglefan on February 02, 2018, 10:49:29 pm ---Watching this whole cryptocurrency craze is fascinating, but is anyone actually using these things for anything but a speculative investment? IOW, is there any real utility attached to these things beyond hoping they spike in prices so that one can liquidate in favor of more stable assets? --- End quote --- ^^^ this guy gets it |
| Navigation |
| Message Index |
| Next page |
| Previous page |