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cryrst Flag The garden of England 19 Feb 19 6.30pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

1. Yep, banks are bad. Long gone are the days where they were a place to store your hard-earned wealth in safety. Today the business model is to sell more debt than ever...........and when they can't sell anymore they change the rules to suit their, not yours, business model. And when it all turns to rats*** they get bailed out/bailed in.
2. As for cryptos............i've not once claimed that anyone who bought in is stupid, i've only ever said that anyone who has invested in this space and left their funds on any given 'exchange' hasn't done their homework is stupid. It's a new technology therefore homework surely is a given?

Cryptos currently still showing that there's life in the sector yet, or is it on it's last dying breath. Who knows?

Still a good time t..............


Edited by .TUX. (18 Feb 2019 9.22pm)

But my quid is still a quid.
What its worth in the high street is down to market forces.
A crpto is worth A on monday and B on friday.
The difference can be massive in real terms.
Tell me?
If its in a wallet of your own does it keep the value you purchased it for.
A wallet only prevents you losing it if the password is lost; as happened when this guy met the grim reaper

 
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.TUX. Flag 21 Feb 19 10.17pm

Originally posted by cryrst

But my quid is still a quid.
What its worth in the high street is down to market forces.
A crpto is worth A on monday and B on friday.
The difference can be massive in real terms.
Tell me?
If its in a wallet of your own does it keep the value you purchased it for.
A wallet only prevents you losing it if the password is lost; as happened when this guy met the grim reaper

...that buys less than it did 5, 10, 20, 30 etc years ago and the pattern can't change.

Good luck.


Edited by .TUX. (21 Feb 2019 10.18pm)

 

Buy Litecoin.
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cryrst Flag The garden of England 22 Feb 19 6.01am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

...that buys less than it did 5, 10, 20, 30 etc years ago and the pattern can't change.

Good luck.


Thats natural as the price of anything will go up.
Its called inflation and all economies have it.
Competition by suppliers of goods and services give the consumer a choice though.
Blimey 30 years ago the WWW wasnt around and now digi currency is the way forward?


Edited by .TUX. (21 Feb 2019 10.18pm)

 
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.TUX. Flag 22 Feb 19 7.49am

Thats natural as the price of anything will go up.
Its called inflation and all economies have it.

Inflation is the amount of money in the system, not prices going up.
The more you pump into any given market the more it devalues what currently exists ie wheelbarrows full of cash needed to buy a loaf of bread. The bread hasn't changed, it's still a loaf of bread, the currency has been devalued hence needing so much more to buy the same item.
The dollar's lost around 97% of it's purchasing power since it's inception (1913)............but it's still a dollar.

I get that you don't like this space so let's just call it a day.

 

Buy Litecoin.
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chris123 Flag hove actually 22 Feb 19 8.15am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by .TUX.

Thats natural as the price of anything will go up.
Its called inflation and all economies have it.

Inflation is the amount of money in the system, not prices going up.
The more you pump into any given market the more it devalues what currently exists ie wheelbarrows full of cash needed to buy a loaf of bread. The bread hasn't changed, it's still a loaf of bread, the currency has been devalued hence needing so much more to buy the same item.
The dollar's lost around 97% of it's purchasing power since it's inception (1913)............but it's still a dollar.

I get that you don't like this space so let's just call it a day.

Plus money supply and growth?

 
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I'mPalace Till I Die Flag 22 Feb 19 9.47am Send a Private Message to I'mPalace Till I Die Add I'mPalace Till I Die as a friend

So Bitcoin has stabilized now after it got hit so hard. Do you think confidence is coming back... Good entry point now? Interested to bear peoples views

 
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Frickin Saweet Flag South Cronx 22 Feb 19 11.17am Send a Private Message to Frickin Saweet Add Frickin Saweet as a friend

Originally posted by I'mPalace Till I Die

So Bitcoin has stabilized now after it got hit so hard. Do you think confidence is coming back... Good entry point now? Interested to bear peoples views

I bought some litecoin the other week, at a near 1-year low. Didn't invest much but happy to leave it for a few years and see what it does. I see it as low risk as over time the investment doesn't amount to much, but has potential to go crazy at some point such is the way of crypto.

[Link]

 
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.TUX. Flag 23 Feb 19 4.15pm

Originally posted by chris123

Plus money supply and growth?

''The more you pump into any given market'' covered that tbf.

 

Buy Litecoin.
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.TUX. Flag 23 Feb 19 4.26pm

Originally posted by I'mPalace Till I Die

So Bitcoin has stabilized now after it got hit so hard. Do you think confidence is coming back... Good entry point now? Interested to bear peoples views

Crypto 'winters' (when the price tanks) are great times for developers to continue their work without the constant distractions of price.
Day by day this market continues to grow and improve so yes, still a good time to b........

 

Buy Litecoin.
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.TUX. Flag 23 Feb 19 4.26pm

Originally posted by Frickin Saweet

I bought some litecoin the other week, at a near 1-year low. Didn't invest much but happy to leave it for a few years and see what it does. I see it as low risk as over time the investment doesn't amount to much, but has potential to go crazy at some point such is the way of crypto.

[Link]

Good choice.

 

Buy Litecoin.
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Invalid user 2019 Flag 02 Mar 19 12.04pm

I'm not well versed in this stuff but noticed that the value of Bitcoin has been stagnant for a while now? Is there any consensus forming on what might be next on its wild ride?

 
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the.universal 02 Mar 19 12.35pm Send a Private Message to the.universal Add the.universal as a friend

Originally posted by dollardays

I'm not well versed in this stuff but noticed that the value of Bitcoin has been stagnant for a while now? Is there any consensus forming on what might be next on its wild ride?

No one has the faintest idea what will happen to the value of bitcoin in the future. Anyone telling you otherwise is a liar or a fool.

 

Vive le Roy!
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