Lots of ignorance here with (DASH/ETH): don't buy on hysteria - buy on science/cryptography

Discussion in 'Digital Currencies' started by Ilikemetals, May 4, 2017.

  1. camylopez

    camylopez Member Silver Stacker

    Joined:
    Jan 10, 2012
    Messages:
    279
    Likes Received:
    21
    Trophy Points:
    18
    Location:
    the jungle
    am an OTC trader that has traded hundreds of thousands dollars worth of coins.
    have seen a lot, on both sides of the argument.
     
  2. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,948
    Trophy Points:
    113
    If you really want to use any crypto today you have to be very much inside the system. The amount of personal info you need to give an exchange today is ALOT and since almost no one accepts cryptos for payments in the real world "today" that makes not using an exchange impossible.

    All the exchanges today are more or less created and funded by the banking financial guys. Coinbase being the big standout.

    Also there is no guaranty that they won't increase bitcoin in time, if anything i will almost guaranty in time it will be seen as the only way in order to keep miners in the game. Unless people start using bitcoin in everyday transactions then the fees wont be enough to keep them going.
     
  3. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,948
    Trophy Points:
    113
    medium term Bitcoin has some fundamental problems and very divided on the solutions. Core and BU are about 50/50 split in the Bitcoin miners so might end up hard forking.
     
  4. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,948
    Trophy Points:
    113
    anyone interested in bitcoin should understand whats happening with it. This is a great video to watch!

     

Share This Page