Anyone here play in the Crypto markets? I've got some BTC and LTC and am looking for some other coins. Thinking about hopping into XRP and IOTA. Where do you trade?
Was told about a year ago to buy some Ethereum. Didn’t understand what it was and was too busy at the time to really look into it. Could have made a small investment and then be retiring right about now. Dang.
Same thing happened with me on BTC... Heard about it when it was around $5 I'm also looking at Spectrecoin right now
I'm thinking of getting dome ATF and maybe some CIA. Still waiting on NSA to come online to backup my DEA.
I'm broke, so it's all small amounts, but I have a couple hundred in Coinbase across its 3 currencies. Then I put about $70 on Bittrex, spread pretty evenly across: XRP, LSK, NEO, OMG, STRAT, DASH, XMR and more ETH. Now up to $95. The acronyms are ridiculous, but I'll take what I can get.
Definitely going to crash at some point. Most of these currencies will fail, but the few that survive should still have a bright future because of the technology behind them.
Bitcoin will either crash and stabilize or fail. It can't go on like this, and it can't stabilize high. It can't stay high once mining ends. There's money to be made, but a lot of people are going to get burned soon.
And I say all that because of the amount of electricity and computing power that goes into the transactions/mining.
It isn't that. The mining is the computation, verifying and security of transactions. Right now, they basically farm that out by letting people do it for new bitcoin. No one will be doing it when there are no new coins being produced. The value will plummet once people have to pay a fee for transactions
There are still 4 million and some coins left to mine and I think the estimate is they won’t run out for another 100 years or so.
