Trading Crypto currency
- violet
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An idiot's guide to building an ethereum mining rig
https://motherboard.vice.com/en_us/arti ... ource=mbfb
https://motherboard.vice.com/en_us/arti ... ource=mbfb
The mind is not a vessel to be filled, but a fire to be kindled.
- Plutarch
- Plutarch
Not really sure. If I had to guess id say amongst many factors the crypto currencies are gaining wider understanding / acceptance in society . I mean....if mugs like me are researching and trying to get their heads around it, it means the currencies are going more "main stream". It is a much different landscape now though and it is very confusing. Once it seemed like there was just bitcoin but now there are many many digital coins popping up. Supply and demand issues are also at play. Unlike your average penny dreadful stock which might have a billion shares on the their register, some of these crypto currencies are tight. ETH had around 90m supply late April. My limited understanding is that more get released as the block chain grows but they have caps on how many will ever be in existence apparently. I think BTC is capped at 319m.
Don't even try to get your head around mining the currencies. That is a mental cluster fuck of the highest order
ETH now $352
Don't even try to get your head around mining the currencies. That is a mental cluster fuck of the highest order
ETH now $352
Rated R for Ricecakes
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- Damn, I just saw my Internet Bill !
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I looked at btc as an investment years ago and came to the quick thought that it was a fad. I still think they are but current markets contradict that. The future though is uncertain. One thing for sure is that the banks and governments of the world aren't going to let an unregulated currency steal their pie.
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This is an interesting article on crypto-coins, the blockchain, smart-contracts and how it could be used for good or evil (if the A.I / robotics race does not finish us off first...).
https://www.theatlantic.com/technology/ ... nd/528543/
It's hard to predict if the whole thing will blow up or it goes like the internet (who needs that?) and computers (64kb memory is more than enough).
Right now the price increase seems fueled by VC and other investors + a minority of the general public, driven by news and hype. Sure, we will see crashes at various intervals but the top 5 coins will likely keep going.
They might change over time as better techniques come out. Right now BTC is gold and Ethereum is silver. If coins become less volatile and the general public has a use for them the current prices are peanuts.
Be smart, take your investments out and play around with your profits. Use kraken or other trading platforms to sell at a fixed price so not all of your profits will be lost during a big crash. Stuff happens fast so it is entirely possible to wake up and see your coin has been wiped out overnight.
https://www.theatlantic.com/technology/ ... nd/528543/
It's hard to predict if the whole thing will blow up or it goes like the internet (who needs that?) and computers (64kb memory is more than enough).
Right now the price increase seems fueled by VC and other investors + a minority of the general public, driven by news and hype. Sure, we will see crashes at various intervals but the top 5 coins will likely keep going.
They might change over time as better techniques come out. Right now BTC is gold and Ethereum is silver. If coins become less volatile and the general public has a use for them the current prices are peanuts.
Be smart, take your investments out and play around with your profits. Use kraken or other trading platforms to sell at a fixed price so not all of your profits will be lost during a big crash. Stuff happens fast so it is entirely possible to wake up and see your coin has been wiped out overnight.
ETH now $371 and capped at $34bn.
BTC gone $3000
What a ridiculous week.
BTC gone $3000
What a ridiculous week.
Rated R for Ricecakes
I'm out. Not the top unfortunately but $140 to $360 in 3 weeks is fine by me. From here.....not game to call it.
Rated R for Ricecakes
Probably a safe betricecakes wrote:I'm out. Not the top unfortunately but $140 to $360 in 3 weeks is fine by me. From here.....not game to call it.
Meum est propositum in taberna mori,
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
He did, and what's really going to bake your noodle, Dame Vera Lynn predicted & recorded a song about it back in the 40s!ricecakes wrote:Didn't Michael Jackson blow bubbles ?
Meum est propositum in taberna mori,
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
Close to $50bn value wiped off Bitcoin and Ether over the weekend, with Bitcoin falling 30% and Ether dropping by half.
My trade was more arse than class.scobienz wrote:Close to $50bn value wiped off Bitcoin and Ether over the weekend, with Bitcoin falling 30% and Ether dropping by half.
Rated R for Ricecakes
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