General Anyone follow cryptocurrencies (bit coin, ethereum, etc.) ?

[Deleted member 1]

Purchased $1000 of Ethereum a week ago (around $70/ETH). It's been a good week.
$500 bucks gained in 7 days.

This is of course missing the big surge from less than $10/ETH earlier this year.

The new bump will gain some more and this will probably shoot up to $500 or more before the year is out.

This is all bubble due to speculation right now. It'll be highly volatile and is just mirroring the same thing that happened with bitcoin (BTC) from 2010-2014. But faster.

Final price to be determined, but after some coming speculation and volatility, it will settle at something pretty high. Maybe a couple hundred bucks I would guess.

ETH is making two big moves 1> increased acceptance in the American tech industry for contracts 2> moves to minimize inflation and stabilize prices by lowering mining pay (google bitcoin mining). This will keep prices high after a period of speculation this year while people try to get in on the next bitcoin surge.

Buy ETH if you see it crash below $100. Its going to at some point before stabilizing. It may bounce down to $50-60 again in the near term which would be prime to get in more.

Unexpectedly, Ripple exploded this week:

Ripple passed ETH in market cap, but that is based on pure speculation on some Asian markets and industry adoption. I am not trying to follow that as I can't keep up with nuance and coming market signals with the Asian focus. It'll crash and then settle to where the Asian market supports, but its gonna be a good one if you can follow the Asian business markets.
There's some industry moves of trying to stabilize Ripple in payment systems, but it still seems too much too fast. Billions gained in a day?

 

[Hauler]

$500 bucks gained in 7 days.

Sell.

 

[otaku1]

I know guys on the Bitcoin train.
They're laughing.
I should have bought some when it was just 1000$. (((

 

[member 3289]

Bitcoin is now $2000. Crazy

 

[Team Bisping]

I once bought bitcoin at 60 dollars each! now worth around 2k. fml, i should of stayed the course.

Good call on ETH. Hold them, don't sell, the markets there if your patient.

 

[Mix6APlix]

I once bought bitcoin at 60 dollars each! now worth around 2k. fml, i should of stayed the course.

Good call on ETH. Hold them, don't sell, the markets there if your patient.

you're*

I have no idea what any of this about.

 

[Team Bisping]

you're*

I have no idea what any of this about.

Crytocurrencies, if your patient, you can make a killing in the long run but it's a volatile market.

I wish i kept my bitcoin haul from around 2010 etc but sold them for a minor profit. I was an idiot.

 

[SongExotic2]

I should sell all my Skyrim money.

 

[Hauler]

I have no idea what any of this about.

It's monopoly money, and people are gambling on whether or not it has real value or not. The value is dictated by what people feel it is worth. Highly volatile. Win big or lose big.

PS - I have no idea what it's about either.

 

[Mix6APlix]

I should sell all my Skyrim money.

I got tons of WoW gold...

 

[b00ts]

I got tons of WoW gold...

What about GTA V bank accounts?

 

[Mix6APlix]

What about GTA V bank accounts?

+/- 28 million

 

[Deleted member 1]

2 days later...ETH going well. Will break $190 soon. I'll back out there for the short term and pick it back up during a volatile drop.
People will get hyped and scared at the round 200 or it'll make a big run before a correction. Gonna go all over the place.

 

[Deleted member 1]

Bitcoin is now $2000. Crazy

2300 average now.

Trading as high as 2800 in S Korea

It'll move up to 2500


There's some smaller currencies I'm ready to move into that will pay off. The issue is that BTC and ETH are seeing a huge run. That is dragging a lot of undeserved currencies along with it. Those without real structure will crash down and huge losses. There is going to be a volatile restructuring of rank in currencies ranked 5-10 in the top 10.

 

[SongExotic2]

2300 average now.

Trading as high as 2800 in S Korea

It'll move up to 2500


There's some smaller currencies I'm ready to move into that will pay off. The issue is that BTC and ETH are seeing a huge run. That is dragging a lot of undeserved currencies along with it. Those without real structure will crash down and huge losses. There is going to be a volatile restructuring of rank in currencies ranked 5-10 in the top 10.

@jason73 action fan boy pegged you solid m8

 

[member 3289]

2300 average now.

Trading as high as 2800 in S Korea

It'll move up to 2500


There's some smaller currencies I'm ready to move into that will pay off. The issue is that BTC and ETH are seeing a huge run. That is dragging a lot of undeserved currencies along with it. Those without real structure will crash down and huge losses. There is going to be a volatile restructuring of rank in currencies ranked 5-10 in the top 10.

Have you heard of Montero?

I also just noticed LTC on my Coinbase app. No idea what that is

 

[Rambo John J]

I had bit coin and sold it off and used it up...was like 700 when I used/sold mine

Bitcoin broke at the moment

 

[Deleted member 1]

Look at LTC 28 percent running in 24 hours!

ETC 40% gain in 24 hours!

Monero exploding!

 

[member 3289]

@Splinty should I buy some Ethereum?

Around $171 now

 

[SongExotic2]

You guys are fucking weirdos

How is fake money worth anything

 

[member 3289]

My friend who uses dark web marketplaces told me that a lot of people are trying to switch to Monero because it's allegedly safer

 

[Deleted member 1]

@Splinty should I buy some Ethereum?

Around $171 now

I'd move on Litecoin if you want to speculate today

My Vision For SegWit And Lightning Networks On Litecoin And Bitcoin



ETH is supported by tech industy in USA and will be used more and more for contracts. I think its gonna shoot, drop, and then shoot some more. Buy ETH when you see a big dip. It'll shoot up more after that. This is time traveling the history of BTC as people try to duplicate what they missed on BTC.

 

[member 3289]

@Splinty only a small wager but I hope you're right

 

[Deleted member 1]

@Splinty only a small wager but I hope you're right

Litecoin Difficulty and Hashrate Chart - BitcoinWisdom

Litecoin moving on up!
Speculation + intrinsic value

 

[Deleted member 1]

@Splinty only a small wager but I hope you're right

YOLO brother