The Crypto coin thread

[Mark J]

On 25/07/2022 at 07:02, Retired Climber said:

A perfect.demonstration of the fact that you can only dumb something down so much, before it becomes of no use to anyone. Blockchain tech is complicated by it's very nature, but we don't actually need to understand how it works. The general public aren't supposed to understand cryptocurrency, and there is very little benefit to doing so. Just treat investing in such things in the same way as you would bet on a horse, and you won't go too far wrong. Following the gambling theme, anyone who claims to be an expert, with the ability to advise others how to make money from it, is a charlatan. 

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I think it's worthwhile getting an idea of how blockchain technology works and what the real world applications for particular blockchains are. 

The general public isn't supposed to understand traditional market trading. Having a little knowledge is a dangerous thing.
 

[Steve Bullman]

Anyone else been following the ripple/sec case?

[Retired Climber]

4 hours ago, Steve Bullman said:

Anyone else been following the ripple/sec case?

I can't see them getting a summary judgement, but stranger things have happened. 

[Steve Bullman]

Just now, Retired Climber said:

I can't see them getting a summary judgement, but stranger things have happened. 

I can’t pretend to understand what’s going on, but does seem a bit odd to me. I stocked up on a few more xrp just in case. It’s actually done pretty well the last few days 

[Steve Bullman]

Been sitting on my doge for quite some time now. Been a pretty good 48 hours and should be back in profit if this little run continues 

[Bolt]

A boy asked his crypto-savvy dad if he could have £10.00 worth of Bitcoin.

 

Dad: £9.37? What do you need £11.32 for?

[Mick Dempsey]

I guess if you’re going to buy the dip, now’s the time.

[Steve Bullman]

16 minutes ago, Mick Dempsey said:

I guess if you’re going to buy the dip, now’s the time.

Absolutely, just a question of what to buy!

[Rob D]

40 minutes ago, Steve Bullman said:

Absolutely, just a question of what to buy!

 

I'm trying to accumulate Bitcoin mainly - the other stuff is great in a bull market but so risky. And most have done sod all in terms of actually being used in a day to day. Bitty is the one!

[Rob D]

Also I  don't think we've seen enough pain yet - need to have more stories of 'Bitcoin is a Ponzi' , all going to zero, more fear basically - when you start really double thinking yourself of buying the dip!