Cryptocurrencies

What cryptocurrencies do you use/own?

  • Bitcoin (XBT)

    Votes: 30 27.8%
  • Ether (ETH)

    Votes: 16 14.8%
  • Litecoin (LTC)

    Votes: 15 13.9%
  • Peercoin (PPC)

    Votes: 0 0.0%
  • Dash (DASH)

    Votes: 3 2.8%
  • Dogecoin (XDG)

    Votes: 4 3.7%
  • Blackcoin (BLK)

    Votes: 0 0.0%
  • Zcash (ZEC)

    Votes: 3 2.8%
  • Other

    Votes: 14 13.0%
  • None

    Votes: 69 63.9%

  • Total voters
    108

I've read a few similar theories about price manipulation. While I think there's probably some truth in them, in that price manipulation (both up and down) does occur, I think a lot of these theories that talk of extreme manipulation are just attention grabbers. It seems you need to purchase the paper mentioned in the article in order to read it .... take from that what you will.

Sure there are 'whales' in cryptocurrency trading who attempt to influence prices, sometimes using margin trading to place very large buy/sell orders, but that's also true of stock exchanges and other markets. Of course when a cryptocurrency is still young, it's easy for an individual or group of individuals to manipulate prices (commonly referred to as 'pumping and dumping'). And, while that does happen, it's not without risk. In the long term, as a cryptocurrency's trading grows in volume, it becomes more and more difficult to manipulate, unless you have very deep pockets. And even if fluctuations occur due to manipulation, FUD or whatever, ultimately supply and demand will regulate the price. Whether or not a price was pumped becomes irrelevant if supply and demand proves the price to be sustainable.
 
Last edited:
ok whats up with plummeting bitcoin prices wow how low can it go.

Oh i see bitconnect just made off with peoples bitcoins not good....
 
Bitcoin and other major coins are all on a big downward trend. I saw this posted in another forum, might help explain it and mitigate my concerns:

f48461d7b2e158511b9d24d7a42720b7.jpg
 
What goes up must come down, and vice a versa. I see it as just some major profit taking.
I see it as a profit taking, compounded with panic selling.

Long story short; Have some cash ready to buy in when we hit bottom. I find it hard to believe that all this cash has left the system. We're talking almost 300 BILLION dollars out of coins. What do I see? Exchanges are making BANK so long as they can mitigate cash out, and 300 BILLION in FIAT on Exchanges.

Imagine 0.25% on 300 BILLION in moves to FIAT... $75 million... Not including all the ins/outs. And then again when people buy in.

But I am starting to see something. I know we have said otherwise, but really, coins will only work so long as exchanges have cash to pay out FIAT, or conversely for buying the coins when withdrawn. It works so long as new cash keeps coming in.
 
Well it seems the chance to grab crypto bargains has passed. There's a strong uptick on almost every price chart today.


An interesting ICO I've just stumbled upon today: https://tbis.io/

I don't usually do ICOs (most of them are just junk or scams) but this one intrigued me. It seems genuine, if somewhat ambitious.
What if an entire IT enterprise could be virtualized, including data centers, firewalls, load-balancers, routers, switches, network appliances and servers? Imagine being able to set up an enterprise level infrastructure for a global company from a tablet in your living room, without spending any time installing rack servers, routers, load balancers, or any other network component beyond what is needed to access the network.

With TBIS’ proprietary Company as a Service™ (CaaS) and Infrastructure as a Service (IaaS), every device, from enterprise level on down, can be virtualized; routers, firewalls, and specialized equipment such as cryptocurrency miners, can exist in an entirely cloud-based environment based on the decentralized Ethereum blockchain.

The video is typical marketing BS that doesn't give any technical details how they plan to achieve this but, skimming over the white paper, it seems to suggest that they intend to bring other cryptocurrency developments together, such as Sia, Golem and BlockCAT

WhitePaper: https://tbis.io/titanium-infrastructure-services-wp-v2-6/

RoadMap: https://tbis.io/the-official-titanium-roadmap/


I'm tempted to throw an ETH or two at it. Thoughts anyone?
 
Annoyed because I thought I'd be able to quickly fund and get in on this (I did the verified by Equifax option) but that only seems to work for other stuff like withdraw... I still had to do the ID thing which takes about 3 days. I missed the sale, and it was on my birthday (17th)! :mad:

Ah well, I'll make sure I get this verified anyhow... there's always the next wave.

As for BARs, I'm willing to grab some as well. There's more talk on it here...

https://bitcointalk.org/index.php?topic=2325506.0
 
Doing some analyzing seems bitcoin futures shorted the market they came due at the exact time as the dip.
Had to happen the stock market is so much bigger than bitcoin market.
 
About $3 and rising now.

I sent 1 ETH to the ICO address and got back just over 1,000 BAR. Almost wish I'd bought more but ICOs are such a risky investment. I think the project is very ambitious but if they do manage to achieve their goals I can see this coin in the hundreds of dollars price range in a few years time. In the short-term, if similar past ICOs are anything to go by, speculation alone might drive it into tens of dollars very soon. If it reaches $20+ I think I'll probably take out some profit and leave the rest invested.
 
So I think this is fitting - who has built a mining rig? I am seriously considering it as you can guess from my video

Also if there's anyone in the UK that has supply (1080ti's) maybe we can come to a technibble user agreement on price. PM me :)

 
What are your thoughts on Masternodes? I have a buddy that isn’t techie and someone sold him on it. He invested $10k with a guy doing it. He said he has a friend that invested 100k. Sounds like a scam.
 
Back
Top