MrGuvernment
Fully [H]
- Joined
- Aug 3, 2004
- Messages
- 21,007
Did a good live stream with todays action earlier
![[H]ard|Forum](/styles/hardforum/xenforo/logo_dark.png){kind=logo}
Did a good live stream with todays action earlier
sgrinavi
Fully [H]
- Joined
- Jan 18, 2009
- Messages
- 18,031
Eth apears to have some pretty strong resistance at 1k. I'm definitely holding the eth positions and would say they are almost looking abit better the btc when crypto is stagnating
sgrinavi
Fully [H]
- Joined
- Jan 18, 2009
- Messages
- 18,031
I've been told that ETH could go to $20k by the end of the year because of it's link with defi, BTC would have to go The Dickining level to do that well. I bought some in the 400's and some in the 700's, almost picked up more at 1000 but I'm not THAT confident.
I'm in pretty low this time around. (Last time around I was in it for the price of electricity)
20k is too ambicious if it stays coupled with btc and there is way too much money in crypto that would cash out before btc did anything astronomical. However it has a active dev team so I feel it could definitely gain some ground on btc if crypto stays near current price levels without any monumental changes.
MrGuvernment
Fully [H]
- Joined
- Aug 3, 2004
- Messages
- 21,007
sgrinavi Ya, it has been going up and down though since the drop from 40k, but in the bigger picture, still going up and will go up. Unless someone is a day trader, zoom out! You are still making money so long as you did not buy in at the peak of the $40k or $35k up, but give it weeks or months and even if you did, you will end up positive.
sgrinavi
Fully [H]
- Joined
- Jan 18, 2009
- Messages
- 18,031
Silentbob343
[H]ard|Gawd
- Joined
- Aug 2, 2004
- Messages
- 1,944
Looking to get some more eth, any chance we have a dip soon?
Asylum1
[H]ard|Gawd
- Joined
- Apr 4, 2009
- Messages
- 1,056
Did you miss the dip I posted at 29,000?
Your bad.
Your bad.
Last edited:
leftysiwel
n00b
- Joined
- Dec 3, 2013
- Messages
- 12
Hi everyone. New to the whole crypto game, but does anyone know where to buy ripple? The couple of places I was on say either they arent selling it just monitoring or it cant be sold to me in the US.
Thank you in advance and I hope you all have a great week!!
Bill
Thank you in advance and I hope you all have a great week!!
Bill
MrGuvernment
Fully [H]
- Joined
- Aug 3, 2004
- Messages
- 21,007
Kraken, Binance, Poloniex
MrGuvernment
Fully [H]
- Joined
- Aug 3, 2004
- Messages
- 21,007
Please provide some facts as to why please? versus useless one liners that do nothing to help anyone.
Im really not trying to go on a large rant for the validity of a cryptocurrency when so many of them are pointless money grabs or experiments that bring nothing new but marketing.
the main issues I have with ripple are the huge amount owned by the dev team that they have used in the past to try to manipulate the currency into different banking systems as well as it being nothing of decent complexity. so why buy it as instead of ltc, btc, doge, or any other of the simple cryptos? Ripple to me seams like a dev team trying to prop up a bs crypto using marketing and market manipulation to bring value to their own stake of the chain.
for comparison take a look at the whitepapers between ETH and XRP.
https://whitepaper.io/document/1/ripple-whitepaper
https://whitepaper.io/document/5/ethereum-whitepaper
Posts that didn't age well....
Andrew_Carr
2[H]4U
- Joined
- Feb 26, 2005
- Messages
- 2,735
I was just arguing with a bunch of people in another thread about bitcoin and cryptocurrency. It felt like 2011 or so when people were first learning about it and there was skepticism.
I haven't read the message at the time, has for number 2 I am not so sure to understand, the fact that the people do mining component cannot make them fast enough and sell everything the second they hit a "shelf" make it problematic ? I imagine people selling shovels/jeans and so on in 49 made a lot of money in similar ways, because of the shortage in the region.
If someone in march think to himself, hum with the world insecurity I can easily see a next crypto boom, but I am uneasy investing in it I will buy Nvidia stock instead, he would have made 250-300% on it's investment in less than 12 months (with 0 work and a very small risk)
MrGuvernment
Fully [H]
- Joined
- Aug 3, 2004
- Messages
- 21,007
You buy XRP because you want to potentially make money with a coin that is more likely to be accepted by the banks and other stinking rich companies
XRP is massive in Asia an only growing. Yes, the company owning so many sucks but they have also been releasing them via escrow for a while now in a stead flow.Ripple / RippleNet/ XRP is already in use with actual companies, unlike 99% of the other poop coins that are just rehashes of the same thing, much like the Linux OS world, everyone thinks they can do it better than the last but offer nothing really.
bitcoin is more likely to get accepted by banks and companies in the us then xrp is. The only reason xrp got the traction it did was them trying to hand out free money to anything that would promote them.You buy XRP because you want to potentially make money with a coin that is more likely to be accepted by the banks and other stinking rich companies
Ripple / RippleNet/ XRP is already in use with actual companies, unlike 99% of the other poop coins that are just rehashes of the same thing, much like the Linux OS world, everyone thinks they can do it better than the last but offer nothing really.
eth,btc,monero,zcash,ltc are all doing better then xrp is so if your only goal is to buy somthing to make money off of there are better options.
eth is used in real world companies in a much more healthy manner.
xrp is a shitcoin and your only going to beat btc or other crpytos if you buy in at the right time when they pull another pump and dump to try to cash in abit more of the free bs thats been handed around.
Asylum1
[H]ard|Gawd
- Joined
- Apr 4, 2009
- Messages
- 1,056
Still a good time to diversify your portfolio.
Bitcoin could soon double in value.
Bitcoin could soon double in value.
Asylum1
[H]ard|Gawd
- Joined
- Apr 4, 2009
- Messages
- 1,056
Another dip, good time to buy.
Americans Could Spend $40 Billion in Stimulus on Bitcoin, Stocks: Survey
A new survey by investment banking firm Mizuho Securities found that many Americans are considering spending their stimulus money on crypto investments.
Asylum1
[H]ard|Gawd
- Joined
- Apr 4, 2009
- Messages
- 1,056
XRP is still a cheap bet for long term.
https://finance.yahoo.com/news/xrp-breaks-1-reach-top-133000534.html
https://finance.yahoo.com/news/xrp-breaks-1-reach-top-133000534.html
MrGuvernment
Fully [H]
- Joined
- Aug 3, 2004
- Messages
- 21,007
Bitcoin is not a utility coin like XRP, bitcoin is not to be used to replace swift for example or be a method to quickly move mass amounts of transactions around, they are for 2 completely different markets. BTC will be used to store value, like Gold and many say replacing gold. XRP is long term (as is BTC), you don't hold top 10 in the market by being a "shitcoin".
Bit of a late reply.... Most cryptos can move a large amount of money around quickly and cheaply. The only one that cant is btc. Plenty of shitcoins in the top 10. Btc isnt a great crypto (however has no developer manipulation like xrp) bhc is trash, ltc is nothing special, and ive outlined reasons xrp is trash.
Xrp is not a utility coin. I would give that title to coins that have additional functionality ie. Eth smart contracts. I can easily move doge in the same way I can move xrp
Andrew_Carr
2[H]4U
- Joined
- Feb 26, 2005
- Messages
- 2,735
Honestly, for the amounts of money I've sent with BTC I don't see why it couldn't replace SWIFT for most ordinary people. Need to send $5k to a friend in a foreign country? I can get it there in an hour or so with $2 in fees and be assured it won't get held up by his bank or anything. That's cheaper, faster, and less hassle than wiring money has been in my experience. I agree bitcoin probably wouldn't be a good solution for making purchases at the supermarket or something, but it seems pretty useable from my perspective for a wire transfer replacement.
Is that true, i.e. if you have $5000 (either cash or in a bank account), buying bitcoins, transferring bitcoins to that friend and that friend transferring it back to currency would be a total of only $2 in fees ?
That would be low indeed.
I imagine those cost we see (that would not be all the cost of what you would want to do):
https://ycharts.com/indicators/bitcoin_average_transaction_fee
Are if you want it to be a fast transaction ?
Andrew_Carr
2[H]4U
- Joined
- Feb 26, 2005
- Messages
- 2,735
that seem more than the 350% of the $2 just for one the 3 needed step too no ?
That seem still a good step from something like the TIPS service transfert in europe (0.2 euro fee, almost instant, ultra user friendly)
MrGuvernment
Fully [H]
- Joined
- Aug 3, 2004
- Messages
- 21,007
Sure BTC is great to send money to friends, one time drops, but now send your friend 100's of transactions a second and watch BTC fall apart, fees through the roof, processing time et cetera, why other coins are leading the way in this due to sheer volume alone as almost non existent fee;s
Asylum1
[H]ard|Gawd
- Joined
- Apr 4, 2009
- Messages
- 1,056
Another dip, good time to buy!!
mischief08a
Weaksauce
- Joined
- Sep 18, 2020
- Messages
- 100
reading this makes me almost cry lol
NightReaver
2[H]4U
- Joined
- Apr 20, 2017
- Messages
- 2,448
TBF, hindsight is 20/20. Imagine how many stocks you could jump into with a time machine....
Dreamerbydesign
Supreme [H]ardness
- Joined
- Feb 3, 2008
- Messages
- 5,855
And we may very well be returning to this thread when/ifbtc crashes again. It has happened many times, and I have been following it literally since the inception of usable btc as a service.
mischief08a
Weaksauce
- Joined
- Sep 18, 2020
- Messages
- 100
i wish it'd go back to 5k each
or 500....or even 5....
or 500....or even 5....
If it went back to $5, doubt anyone would put further trust in the coin and the many mining farms would fold up. Hey maybe GPU mining of BTC will become big again. Traditionally around 80% drop when it really falls, so .2 X $60,000 = around $12,000. Long time holders/players/investors this is no big thing, newcomers on the other hand not so good. Now back in 2017 BTC had a drop, pretty significant and then later in the year it hit it all time high of around $20,000. Afterwards drifted to low $3000. This time around is more interesting since you actually do have firms investment, if they start to dump, some major fireworks maybe will be seen. Many would be ruined so to speak, regulation I would think would be pushed much harder.
MrGuvernment
Fully [H]
- Joined
- Aug 3, 2004
- Messages
- 21,007
Which is new, for years other tokens have done it better. BTC is just playing catch up to add things most other tokens have had for years. BTC is literally just stealing what other tokens have already to try and stay relevant versus just staying as store of value. BTC core dev's have had their heads up their butts for years and kept out most other developers trying to improve it for the better for mass expansion and capabilities. Only now in 2020/2021 have they somewhat got a clue and have even considered allow a soft fork to happen to make it better.