Crypto questions

tommo said:
I have a crypto question.
Bitcoin works on the basis that users maintain the ledger by solving equations on their computers or "Mining rigs". But what happens when the finite supply of bitcoins have all been found. Nobody will be incentivised to maintain the transaction ledger anymore as no more coins to be found.
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Read up on proof of work and proof of stake.
 
I'm sitting on 1200% gains (~1 month) on CRDNC and waiting for the lending platform to be opened in 2 weeks and anticipating another 1000-2000% returns. I've taken out more than my investments so just letting profits run...
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1200% is not enough? Get out now, capture those profits! Don't get greedy! Oi!

 
Overnight said:
1200% is not enough? Get out now, capture those profits! Don't get greedy! Oi!
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It's more than enough. I already got all my investments plus a little bit of profits by selling 10% (did not time it correctly when it pumped, but who can capture the top). So, I have no risk only profits and this was a small portion of the portfolio (as anyone speculating in HYIP's should be doing).

$2,000 gambled on Bitconnect (BCC) 7 months ago would be worth $1.1M currently. I did not get to invest in BCC (although I did see a YouTuber I follow talk about it) when it was much much lower than the current $283 price. If you advised anyone to cash out at $24K, how good of an advice would that bee? :banghead:

https://coinmarketcap.com/currencies/bitconnect/
 
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