Ripple price crash = End of Crypto fantasy? - GoFuckYourself.com

mce · 01-12-2018, 01:51 PM

https://www.express.co.uk/finance/ci...rypto-exchange

I still think BTC will hit 100,000 USD : 1 BTC though

Smack dat · 01-12-2018, 01:56 PM

Quote:

Originally Posted by mce

https://www.express.co.uk/finance/ci...rypto-exchange

I still think BTC will hit 100,000 USD : 1 BTC though

Never believe the Express. Sensationalist tripe.

They will all come back stronger than ever.

rogueteens · 01-12-2018, 02:08 PM

I'm still holding on to my ripple coins and I probably will for quite a while.

InfoGuy · 01-12-2018, 02:12 PM

It's absurd to compare Chris Larsen's $59 billion fortune to billionaires like Warren Buffet, Bill Gates or Mark Zuckerberg who have real assets with revenues and earnings.

Crypto speculators are going to be badly burned when they realize that there are no more greater fools to drive up the price and they all try to sell.

How many of you lunatics are buying crypto with credit cards?

shake · 01-12-2018, 03:00 PM

I am in ripple at 40 cents, while it did jump to $3.40 for a few days, yes it's back down to $2 now.

I'm actually selling my ripple now, starting to have worries about the technology and the company behind it. There's better coins that are more decentralized I think.

beerptrol · 01-12-2018, 03:12 PM

Many coins besides ripple went down in value. I bought some of them and more ripple when they bottom out. They will rise in value again

jscott · 01-12-2018, 04:41 PM

Quote:

Originally Posted by shake

There's better coins that are more decentralized I think.

im pretty sure any coin is more decentralized than ripple

magneto664 · 01-12-2018, 04:45 PM

Quote:

Originally Posted by mce

I still think BTC will hit 100,000 USD : 1 BTC though

of course it will happen, because you think so.
Because, you think so and so it will be.
Everyone will pay by bitcoin for coffee.
I will pay commissions for one coffee of 40 coffees.

Please stop fucking "because I think "
shit you think - do you know economics? Which school have you finished? economics course at gfy.com forum?

Smack dat · 01-12-2018, 04:47 PM

I bought ripple at .22
Don't really agree with it though.

Every coin I know went down.

TheDynasty · 01-12-2018, 04:57 PM

HODL HODl

onwebcam · 01-12-2018, 10:39 PM

Quote:

Originally Posted by mce

https://www.express.co.uk/finance/ci...rypto-exchange

I still think BTC will hit 100,000 USD : 1 BTC though

I think after the next wave of dumps it will be under $10k. The lightning dream if between the infighting it ever becomes a reality it will essentially be an alt coin and bitcoin will become ether classic..

I'm officially completely out as of 2 days ago.... I've been working on unloading the past few weeks.. Once ether hit $1300 I sold it all. I only had 2 coins left and luckily got out of those just before they got hit.. Now dumping all the loot into my b&m. Will I regret it? Maybe, maybe not..

jscott · 01-12-2018, 11:05 PM

the price range difference from non btc holder to btc holder is so huge

onwebcam didnt you also boast of tronix up to #6 crypto but failed to mention its drop to #13 (or lower?)

can you be a little less biased please, your comments on crypto are obviously based on your personal interests

onwebcam · 01-12-2018, 11:38 PM

Quote:

Originally Posted by jscott

the price range difference from non btc holder to btc holder is so huge

onwebcam didnt you also boast of tronix up to #6 crypto but failed to mention its drop to #13 (or lower?)

can you be a little less biased please, your comments on crypto are obviously based on your personal interests

I cashed out on it in the 20s somewhere... It moved too fast, too soon.. Once it blew up a bunch of ICO investors did nothing but whine because they sold too early. Then they began trashing Justin all over so I said fuck it and didn't buy back in.. That's when I began my liquidation..

I may pop in an ICO here and there and sell it not long after it hits the market. Other than that I'm done with it all. Because that seems to be the new trend for the pump and dumps.. Run up a new coin hundreds or even thousands percent and unload on it. Look at NEBL.. They ran that fucker up yo $50+ within days of hitting the market and now days later it's $33. APPC driven up to $10 in a day and dumped to around $1 when it was listed at $3 it's now in the low 2s. RLC was listed yesterday it was ran up to damn near 10000 eth and unloaded on to 1000 and now sits around 3000.. It will go down more, again... You're a sitting duck if you're hodling anything right now.

beerptrol · 01-13-2018, 06:47 AM

these smaller coins are easily manipulated by the whales, so if you are patient and don't panic sell or buy, you should be ok. I try to buy when the whales dump the coin and it bottoms out

I bought into TRX when it bottomed out at around 10 cents. Originally I wanted to buy into it at 12 cents before the pump, so I'll take a risk

Oracle Porn · 01-13-2018, 06:52 AM

Quote:

Originally Posted by shake

I am in ripple at 40 cents, while it did jump to $3.40 for a few days, yes it's back down to $2 now.

I'm actually selling my ripple now, starting to have worries about the technology and the company behind it. There's better coins that are more decentralized I think.

ripple was never 3.40, but who cares about that facts.

k0nr4d · 01-13-2018, 07:06 AM

Quote:

Originally Posted by Oracle Porn

ripple was never 3.40, but who cares about that facts.

It was on korean exchanges

Oracle Porn · 01-13-2018, 07:15 AM

Quote:

Originally Posted by k0nr4d

It was on korean exchanges

Not relevant as its not the real value. You can't actually take your coins to a korean exchange and swap it for usd.

DraX · 01-13-2018, 07:34 AM

Quote:

Originally Posted by onwebcam

I think after the next wave of dumps it will be under $10k. The lightning dream if between the infighting it ever becomes a reality it will essentially be an alt coin and bitcoin will become ether classic..

I'm officially completely out as of 2 days ago.... I've been working on unloading the past few weeks.. Once ether hit $1300 I sold it all. I only had 2 coins left and luckily got out of those just before they got hit.. Now dumping all the loot into my b&m. Will I regret it? Maybe, maybe not..

Speculation is too rough as of late, I'm starting to feel a bit worried about the whole situation.

If you see btc as a future altcoin then which one do you see as main ?

What's b&m? All in all you must have done a nice profit considering where you started...

slapass · 01-13-2018, 07:44 AM

You have to wonder what the end game is? Very few people “use” any of these coins and yet BTC has a market cap equal to the GDP of Egypt. So what happens when all of the coins locked in someone’s hard drive come pouring out and their is no real expanding use to suck them up?

ilnjscb · 01-13-2018, 09:15 AM

But "because I think so" is a valid argument. The fact that an asset rises in price is solely due to demand for it. Cryptocurrencies rise in price solely due to demand. If enough people who are not educated in how to evaluate intrinsic worth believe it will go up, they are correct.

There are a lot more of them then there are people who have to the tools to determine the actual value of these assets.

To muddy the waters further, these currencies do have a value, which is the ability to transfer value without a cost. Therefore their intrinsic value is the fact that one doesn't have to pay the 3% - 15% cost of credit card processors, et. al.

They additionally have a perceived value in that the transactions are imagined to be hidden, allowing those who wish to skirt legal issues to transact without anxiety.

The idea that every one of these coins will retain demand and increase in price is, of course, a ludicrous fantasy, but the fact that people believe they will is going to sustain the bubble for a bit longer.

I personally believe these technologies will evolve and actually replace fiats in 10 - 15 years, but who really knows. It won't be BTC or any of these today, but newer, better, safer technology that allows, rather than frustrates, government surveillance. Guns always win in the short term.

onwebcam · 01-13-2018, 10:10 AM

Quote:

Originally Posted by DraX

Speculation is too rough as of late, I'm starting to feel a bit worried about the whole situation.

If you see btc as a future altcoin then which one do you see as main ?

What's b&m? All in all you must have done a nice profit considering where you started...

b&m = brick and mortar business..

Quote:

Originally Posted by ilnjscb

But "because I think so" is a valid argument. The fact that an asset rises in price is solely due to demand for it. Cryptocurrencies rise in price solely due to demand. If enough people who are not educated in how to evaluate intrinsic worth believe it will go up, they are correct.

That's not what's happening right now.. Pretty much everything, Bitcoin included is getting pumped and dumped.. If you watch the market cap all the time you'll see that its hundreds of billions being moved in and out of the market.. Not just a few billion here and there.. Who can make those kinds of moves besides maybe wall st or governments? In the process all the new influx of investors which would generally buy in higher than you ideally paid are getting burned and they won't return.. If the dive is deep enough you may even get burned by the dump depending on where you got in.. The only safety net is being in at the very bottom, ICO..

Oracle Porn · 01-13-2018, 03:03 PM

Quote:

Originally Posted by ilnjscb

safer technology that allows, rather than frustrates, government surveillance. Guns always win in the short term.

That's ripple for you.

mce · 01-13-2018, 04:13 PM

Quote:

Originally Posted by Oracle Porn

That's ripple for you.

Does this mean you're a MONERO fan?

gnawledge · 01-13-2018, 04:25 PM

I invested in Ripple, Stellar or whatever it is and something else. I have to say Bitcoin, Ethereum, and Monero are just safe. Screw the other ones.

magneto664 · 01-13-2018, 04:37 PM

Quote:

Originally Posted by gnawledge

I have to say Bitcoin, Ethereum, and Monero are just safe. Screw the other ones.

thank you for the information. I always thought that the only safe money was in my pocket.

this whole "revolution" cryptocurrency looks like HYIP and the Argentine pyramid.
There are over a thousand imaginary currencies at the moment.
Behind some of them is the mafia and gangsters and other shit?

slapass · 01-13-2018, 06:29 PM

Quote:

Originally Posted by magneto664

thank you for the information. I always thought that the only safe money was in my pocket.

this whole "revolution" cryptocurrency looks like HYIP and the Argentine pyramid.
There are over a thousand imaginary currencies at the moment.
Behind some of them is the mafia and gangsters and other shit?

When everyone is doing an ICO, you know it is bullshit.

DraX · 01-13-2018, 08:07 PM

Quote:

Originally Posted by gnawledge

I invested in Ripple, Stellar or whatever it is and something else. I have to say Bitcoin, Ethereum, and Monero are just safe. Screw the other ones.

Both ripple and stellar have closed deals with other firms for services they offer, they show promise and I have invested in them as well.

You should add litecoin to your safe list

DraX · 01-13-2018, 08:14 PM

Quote:

Originally Posted by slapass

You have to wonder what the end game is? Very few people “use” any of these coins and yet BTC has a market cap equal to the GDP of Egypt. So what happens when all of the coins locked in someone’s hard drive come pouring out and their is no real expanding use to suck them up?

In the end if any of these coins going to survive, it's the ones who sell or offer a service connected to the coin/blockchain. We're still in an early phase and 2018 will most certainly reveal if there's any potential or if it's just a hollow empty industry being boosted by speculators.

onwebcam · 01-13-2018, 11:46 PM

Kucoin Issues a Warning After Bitcoin Diamond Soars 40x and Then Crashes

https://news.bitcoin.com/kucoin-issu...s-40x-crashes/

Be careful out there folks..

beerptrol · 01-14-2018, 05:19 AM

When I see a whale pumping a coin I want to buy

mce · 01-14-2018, 05:38 PM

What % crash would convince you that Bitcoin and crypto won't bounce back? For me, it's 90%

01-12-2018, 02:08 PM	#3
rogueteens So fucking bland Industry Role: Join Date: Jul 2006 Location: England Posts: 7,883	I'm still holding on to my ripple coins and I probably will for quite a while. __________________ Free traffic and backlinks from one of the fastest growing adult pinsites on the net - SAUCY PICTURES! Easily my best performing webcam sponsor - CLICK HERE!!

01-12-2018, 02:12 PM	#4
InfoGuy 80/20 Rule Industry Role: Join Date: Apr 2010 Location: Los Angeles Posts: 1,943	It's absurd to compare Chris Larsen's $59 billion fortune to billionaires like Warren Buffet, Bill Gates or Mark Zuckerberg who have real assets with revenues and earnings. Crypto speculators are going to be badly burned when they realize that there are no more greater fools to drive up the price and they all try to sell. How many of you lunatics are buying crypto with credit cards? __________________ Free Speech Coalition Don't do business with that piece of shit Andy Alvarez from Webmaster Central / VR3000, who said "If it was up to me, they would have shot all 30,000 of those country loving shitheads"

01-12-2018, 04:57 PM	#10
TheDynasty i buy domains!! Industry Role: Join Date: Apr 2016 Location: noneya Posts: 5,867	HODL HODl __________________

01-13-2018, 06:47 AM	#14
beerptrol Confirmed Asshole Industry Role: Join Date: Feb 2003 Location: Half way between sobriety and fubar. Posts: 8,003	these smaller coins are easily manipulated by the whales, so if you are patient and don't panic sell or buy, you should be ok. I try to buy when the whales dump the coin and it bottoms out I bought into TRX when it bottomed out at around 10 cents. Originally I wanted to buy into it at 12 cents before the pump, so I'll take a risk __________________ Chump! The ultimate neo nazi... Putin loving beta cuck!

01-13-2018, 04:25 PM	#24
gnawledge confirmed loser Industry Role: Join Date: Jul 2012 Location: Florida Posts: 884	I invested in Ripple, Stellar or whatever it is and something else. I have to say Bitcoin, Ethereum, and Monero are just safe. Screw the other ones. __________________ Chaturbate Money Makin' Go to here and get $8.00 domains with free WHOIS! Fuck Godaddy in their ass! My Favorite Traffic Buying Setup!

01-12-2018, 01:51 PM	#1
mce Confirmed User Industry Role: Join Date: Jun 2012 Location: All Over Posts: 2,786	Ripple price crash = End of Crypto fantasy? https://www.express.co.uk/finance/ci...rypto-exchange I still think BTC will hit 100,000 USD : 1 BTC though __________________ Want To Make More Money With Mainstream? Click here for details

01-12-2018, 03:00 PM	#5
shake frc Industry Role: Join Date: Jul 2003 Location: Bitcoin wallet Posts: 4,097	I am in ripple at 40 cents, while it did jump to $3.40 for a few days, yes it's back down to $2 now. I'm actually selling my ripple now, starting to have worries about the technology and the company behind it. There's better coins that are more decentralized I think.

01-12-2018, 03:12 PM	#6
beerptrol Confirmed Asshole Industry Role: Join Date: Feb 2003 Location: Half way between sobriety and fubar. Posts: 8,003	Many coins besides ripple went down in value. I bought some of them and more ripple when they bottom out. They will rise in value again __________________ Chump! The ultimate neo nazi... Putin loving beta cuck!

01-12-2018, 04:47 PM	#9
Smack dat Confirmed User Industry Role: Join Date: Jul 2016 Posts: 2,722	I bought ripple at .22 Don't really agree with it though. Every coin I know went down.

01-12-2018, 11:05 PM	#12
jscott jscizzle Industry Role: Join Date: Feb 2001 Location: Earth, land of the conniving humans Posts: 13,736	the price range difference from non btc holder to btc holder is so huge onwebcam didnt you also boast of tronix up to #6 crypto but failed to mention its drop to #13 (or lower?) can you be a little less biased please, your comments on crypto are obviously based on your personal interests

01-13-2018, 07:44 AM	#19
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 13,943	You have to wonder what the end game is? Very few people “use” any of these coins and yet BTC has a market cap equal to the GDP of Egypt. So what happens when all of the coins locked in someone’s hard drive come pouring out and their is no real expanding use to suck them up?

01-13-2018, 09:15 AM	#20
ilnjscb Confirmed User Industry Role: Join Date: Jun 2009 Posts: 5,715	But "because I think so" is a valid argument. The fact that an asset rises in price is solely due to demand for it. Cryptocurrencies rise in price solely due to demand. If enough people who are not educated in how to evaluate intrinsic worth believe it will go up, they are correct. There are a lot more of them then there are people who have to the tools to determine the actual value of these assets. To muddy the waters further, these currencies do have a value, which is the ability to transfer value without a cost. Therefore their intrinsic value is the fact that one doesn't have to pay the 3% - 15% cost of credit card processors, et. al. They additionally have a perceived value in that the transactions are imagined to be hidden, allowing those who wish to skirt legal issues to transact without anxiety. The idea that every one of these coins will retain demand and increase in price is, of course, a ludicrous fantasy, but the fact that people believe they will is going to sustain the bubble for a bit longer. I personally believe these technologies will evolve and actually replace fiats in 10 - 15 years, but who really knows. It won't be BTC or any of these today, but newer, better, safer technology that allows, rather than frustrates, government surveillance. Guns always win in the short term.

01-13-2018, 11:46 PM	#29
onwebcam Confirmed User Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 9,618	Kucoin Issues a Warning After Bitcoin Diamond Soars 40x and Then Crashes https://news.bitcoin.com/kucoin-issu...s-40x-crashes/ Be careful out there folks.. __________________ UNINSTALLING OBAMA..... ██████████████████▒ 99.5% complete.

01-14-2018, 05:19 AM	#30
beerptrol Confirmed Asshole Industry Role: Join Date: Feb 2003 Location: Half way between sobriety and fubar. Posts: 8,003	When I see a whale pumping a coin I want to buy __________________ Chump! The ultimate neo nazi... Putin loving beta cuck!

01-14-2018, 05:38 PM	#31
mce Confirmed User Industry Role: Join Date: Jun 2012 Location: All Over Posts: 2,786	What % crash would convince you that Bitcoin and crypto won't bounce back? For me, it's 90% __________________ Want To Make More Money With Mainstream? Click here for details