Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

Illini Trader said:
What is your prediction for Bitcoin's 2019 percentage return? That is the tough question. The 2017-2018 two year total return will still be triple digits in-spite of a 2018 bear market. I just wonder if you have the moxie to put yourself out there and make a hard prediction.
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In 2017 we went from $1,000 to roughly $19,000. That's 1900%.
And in 2018 there is only left 550% of these 19,000%. So, 1350% was lost.
If you read it like that 2018 was a horrible year.
 
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I wouldn't be listening to the drivel coming out of @schweiz. Nor engaging with her for the attention she so lacks IRL. She claims to not make a prediction, then makes a prediction.

The history of contradictory statements and lack of basic comprehension makes her a poster child for why pregnant mothers shouldn't do drugs and gangbangs.

Much more importantly, after claiming to have blocked me she still responds to me. I must have hit a nerve. I think I absolutely right on the failed trader and insecure part.
 
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Well, the true value of a currency is the total value used for real commerce. Cryptocurracy is a good investment nowadays, it's just important to find a correct information and get over it.
I've collected some bitcoins through Motocoin https://motoco.in/#/
There are a lot of different ways how to mine some coins and that's amazing. Cryptocurracy is a future.
 
Bitcoin is approaching the $4,000 level. The title of the thread is correct. It gets confirmed over and over again, already for all 2018.

But some "very correct english writing and speaking" people don't see that. LOL.
Knowledge of language has clearly nothing to do with knowledge of trading /investing.
And missing knowledge of how Bitcoin and blockchain works and what the use of it is, is apparently irrelevant. Better to have some brains that can analyze critically and logically.
 
rolando87 said:
So you would say my networth is 1 btc rather than my networth is 6000 usd in btc.
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Yes, because in 9 days time the value lost again roughly 30% against the USD. So if you wish to buy something now that costed 1 BTC 9 days ago, you will have to pay now around 1.45 BTC, so 45% more in BTC. If you make an international payment however you can save 0.0001 BTc in wire transfer costs that you don't have to pay in BTC. LOL.
I wonder which idiot company would accept payments in BTC or any other crypto, if they would have no risk with $ payments.
All hypothetical payments Amazon would receive yesterday would have lost 30% of their value...

6,400$ was 1 BTC 9 days ago. If you pay today 6,400$ in BTC you will have to pay 1.45 BTC ($6400/$4400= 1.4545)

Market value of all crypto's lost again $50 billion in the two drops of the last 2 weeks. Remains now less then $150 billion.
 
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Baron said:
If you polish a piece of brass you can make it look almost identical to yellow gold.
If you polish a piece of steel you can make it look almost identical to silver.

Yet gold is more valuable than brass.
And silver is more valuable than steel.

The answer to the question is simple. Limited supply. The reason why gold is more valuable than brass is because the components of brass which are copper and zinc, are in far greater supply than gold.

The same applies to steel. There's way more supply of the components of steel which are primarily iron and carbon that there is supply of silver.
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Gold remains shinny "forever", polished brass will tarnish quickly. Polished steel will rust.
 
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