No, never really interested me too much. I've dabbled in the past.
General Anyone follow cryptocurrencies (bit coin, ethereum, etc.) ?
- Thread starter Splinty
- Start date
Booooooo
You're peer pressure won't work on me, yet.
How else are you going to get rich like me,
@jason73 and the other poor people?
We soon to be out here eating caviar and Mac n Cheese... you be eating weiners and KD get on our level.How else are you going to get rich like me,
Shit I'll even do you a favor and sell you xrp for 7.50 per, thats half of what itll cost in just 2 months
M
member 1013
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I made so much money on HOLO
aw yea
aw yea
M
member 1013
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Both bruuuv
I bought 40 bucks more on Thursday so I've got a little over a hundred of them at 85 cents a piece. Balked at buying more at $1.40 thinking they'd be back down close to a $1/piece by this point.
i sold half mine when it hit 1.30 because i expected it to crash immediately. i still have 130 left that i picked up for .56 and .47
An extremely unreliable source told me it's going to be up to $10k within 10 years. I don't believe them and think the guy is a nut job, but I've doubled my money on it in less than a month, so what the fuck do I know?
they are cheap enough that it is worth holding on to a few of them to see what happens . i said the same thing when btc was like 33 bucks and i would be loaded if i even spent 100 bucks on them back then
I still remember a conversation with a co-worker in 2008 where we talked about throwing 100bucks each on Bitcoin. We didn't and in hindsight definitely should have.
Brilliant play, so your playing with house money and you've walked away with a profit already. It fails you've still won it rockets and you look even more smart
XRP?
It'll never happen.
Guys look at market cap and would that would mean.
XRP has 100 billion premined coins.
If you have ONLY half in trading circulation, you'd still need 500,000,000,000,000 dollars to generate that market cap (yes that's 500 TRILLION). You have to have that amount of wealth stored into this network in the first place and I don't see that happening.
And what would make people put wealth in XRP to store? What's the value of XRP outside of pyramid scam?
It's a currency trading technology for institutions. There is processing by the XRP network and the more you hold the more likely you are to get a share of the processing. So you could make the case that the value should be somewhere around the inverse of the return (lets assume the market settles on 7% otherwise why not go to any other safer market?) So you can look at what the transaction charges would be (gain). And then you could figure out from there X for a 7%+ return. And there is your future XRP value to justify locking up your wealth to be part of a distributed payment processor. I haven't looked at XRP for the last couple years so not sure what the ongoing transaction process/cost is, but that's how you figure out this coin value outside of speculation and pyramid scheme (which the latter could still result in a lot of money, but never 10,000)
i would be happy if it hit 5 bucks
It's not to late, jump in my man
Make no mistake his post is both accurate and logical, but the same logic applies to gold. Cryptocurrency is like collecting baseball cards and the market will dictate what it's worth. I still remember people trying to explain why Bitcoin is stupid, actually worthless and a stupid investment. All of those observations are as accurate today as they were 10 years ago, yet Bitcoin is currently selling for 50k per coin.
Correction 62,702 per coin
I get it, my crayon eating self cant figure it out but I do know I like xrp..
